| (in thousands of euros) | 2024 | 2023 |
|---|---|---|
| Dividends | Dividends 2024 2,003,180 |
Dividends 2023 912,459 |
| Other income from investments | Other income from investments 2024 90 |
Other income from investments 2023 1,438 |
| Investment income | Investment income 2024 2,003,270 |
Investment income 2023 913,897 |
| Other financial income | Other financial income 2024 3,668 |
Other financial income 2023 1,883 |
| Foreign exchange gains | Foreign exchange gains 2024 1,032 |
Foreign exchange gains 2023 262 |
| Interest and other financial income | Interest and other financial income 2024 4,700 |
Interest and other financial income 2023 2,145 |
| Reversal of impairment for marketable securities | Reversal of impairment for marketable securities 2024 — |
Reversal of impairment for marketable securities 2023 2 |
| Reversal of financial provisions & expenses transfers | Reversal of financial provisions & expenses transfers 2024 — |
Reversal of financial provisions & expenses transfers 2023 2 |
| Total financial income | Total financial income 2024 2,007,970 |
Total financial income 2023 916,044 |
| Bond-related amortization | Bond-related amortization 2024 (1,477) |
Bond-related amortization 2023 (2,500) |
| Increase in provisions for foreign exchange losses | Increase in provisions for foreign exchange losses 2024 — |
Increase in provisions for foreign exchange losses 2023 — |
| Increase in provisions for impairment of marketable securities | Increase in provisions for impairment of marketable securities 2024 (26) |
Increase in provisions for impairment of marketable securities 2023 — |
| Increase in other financial provisions | Increase in other financial provisions 2024 (1) |
Increase in other financial provisions 2023 (25,000) |
| Amortization and increases in provisions | Amortization and increases in provisions 2024 (1,504) |
Amortization and increases in provisions 2023 (27,500) |
| Bond-related interests | Bond-related interests 2024 (9,324) |
Bond-related interests 2023 (11,845) |
| Other financial interests | Other financial interests 2024 (117,796) |
Other financial interests 2023 (95,743) |
| Foreign exchange losses | Foreign exchange losses 2024 (578) |
Foreign exchange losses 2023 (229) |
| Interest and other financial expenses | Interest and other financial expenses 2024 (127,698) |
Interest and other financial expenses 2023 (107,817) |
| Total financial expenses | Total financial expenses 2024 (129,202) |
Total financial expenses 2023 (135,317) |
| Net financial income | Net financial income 2024 1,878,768 |
Net financial income 2023 780,727 |
Net non-recurring income for 2024 financial year amounted to euro 3,775 thousand and mainly corresponds to a reversal of a provision for tax litigation as well as penalties related to this litigation.
Net non-recurring items for financial year 2023 were not material, representing euro (3) thousand loss. Nonetheless, it included a non-recurring income and non-recurring expense of the same amount, for euro 120.8 million linked to the comprehensive resolution that had been reached with all 50 State Attorneys General, the District of Columbia and certain US territories related to past work undertaken for opioid manufacturers primarily by former advertising agency Rosetta (merged with Publicis Health LLC). As part of this agreement, Publicis Groupe SA had received reimbursements from insurers on behalf of its subsidiary Publicis Health, amounting to euro 120.8 million. At the same time, an accrual for the same amount had been recognized with its subsidiary.
The published income statement shows tax income of euro 8,611 thousand. This amount mainly corresponds to the tax consolidation gain recognized as income in the financial statements of the tax group’s parent company, in accordance with the tax consolidation agreements signed with the member companies, totaling euro 12,171 thousand.
The Company, which is the parent company of the French tax group (comprising 18 entities, including Publicis Groupe SA), recorded a tax loss of euro 87,689 thousand in the 2024 financial year.
Tax loss carryforwards of the French tax group, which are time unlimited, amounted to euro 333,026 thousand at December 31, 2024.
