Universal Registration Document 2025

6.5 Consolidated statement of changes in equity

6 Consolidated financial statements 2025 year

6.5 Consolidated statement of changes in equity

6.5 CONSOLIDATED STATEMENT OF CHANGES IN EQUITY

CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
Number of outstanding shares (in millions of euros) Share capital Additional paid-in capital Translation reserve Hedging reserve Reserves and retained earnings Equity attributable to owners of the Company Non-controlling interests Total equity

Number of outstanding shares

250,574,493

(in millions of euros)

January 1, 2024
Share capital

102

Additional paid-in capital

3,336

Translation reserve

(299)

Hedging reserve

16

Reserves and retained earnings

6,633

Equity attributable to owners of the Company

9,788

Non-controlling

interests

(40)

Total equity

9,748

Number of outstanding shares

 

(in millions of euros)

Net income

Share capital

Additional paid-in capital

Translation reserve

Hedging reserve

Reserves and retained earnings

1,660

Equity attributable to owners of the Company

1,660
Non-controlling

interests

9

Total equity

1,669

Number of outstanding shares

 

(in millions of euros)

Other comprehensive income, net of tax

Share capital

Additional paid-in capital

Translation reserve

517

Hedging reserve

46

Reserves and retained earnings

1

Equity attributable to owners of the Company

564
Non-controlling

interests

2

Total equity

566

Number of outstanding shares

 

(in millions of euros)

Total comprehensive income for the year

Share capital

Additional paid-in capital

Translation reserve

517

Hedging reserve

46

Reserves and retained earnings

1,661

Equity attributable to owners of the Company

2,224
Non-controlling

interests

11

Total equity

2,235

Number of outstanding shares

(in millions of euros)

Dividends

Share capital

Additional paid-in capital

(53)

Translation reserve

Hedging reserve

Reserves and retained earnings

(800)

Equity attributable to owners of the Company

(853)
Non-controlling

interests

(12)

Total equity

(865)

Number of outstanding shares

(in millions of euros)

Share-based payments, net of tax

Share capital

Additional paid-in capital

Translation reserve

Hedging reserve

Reserves and retained earnings

111

Equity attributable to owners of the Company

111
Non-controlling

interests

Total equity

111

Number of outstanding shares

 

(in millions of euros)

Effect of acquisitions and commitments to buy-out non-controlling interests

Share capital

Additional paid-in capital

Translation reserve

Hedging reserve

Reserves and retained earnings

(62)

Equity attributable to owners of the Company

(62)
Non-controlling

interests

17

Total equity

(45)

Number of outstanding shares

(in millions of euros)

Equity warrants exercise

Share capital

Additional paid-in capital

Translation reserve

Hedging reserve

Reserves and retained earnings

Equity attributable to owners of the Company

Non-controlling

interests

Total equity

Number of outstanding shares

165,254

(in millions of euros)

(Buybacks)/Sales of treasury shares

Share capital

Additional paid-in capital

Translation reserve

Hedging reserve

Reserves and retained earnings

(148)

Equity attributable to owners of the Company

(148)
Non-controlling

interests

Total equity

(148)

Number of outstanding shares

250,739,747

(in millions of euros)

December 31, 2024

Share capital102

Additional paid-in capital

3,283

Translation reserve

218

Hedging reserve

62

Reserves and retained earnings

7,395

Equity attributable to owners of the Company

11,060
Non-controlling

interests

(24)

Total equity

11,036

Number of outstanding shares

 

(in millions of euros)

Net income

Share capital

Additional paid-in capital

Translation reserve

Hedging reserve

Reserves and retained earnings

1,653

Equity attributable to owners of the Company

1,653
Non-controlling

interests

8

Total equity

1,661

Number of outstanding shares

 

(in millions of euros)

Other comprehensive income, net of tax

Share capital

Additional paid-in capital

Translation reserve

(1,236)

Hedging reserve

(62)

Reserves and retained earnings

7

Equity attributable to owners of the Company

(1,291)
Non-controlling

interests

(6)

Total equity

(1,297)

Number of outstanding shares

 

(in millions of euros)

Total comprehensive income for the year

Share capital

Additional paid-in capital

Translation reserve

(1,236)

Hedging reserve

(62)

Reserves and retained earnings

1,660

Equity attributable to owners of the Company

362
Non-controlling

interests

2

Total equity

364

Number of outstanding shares

(in millions of euros)

Dividends

Share capital

Additional paid-in capital

Translation reserve

Hedging reserve

Reserves and retained earnings

(903)

Equity attributable to owners of the Company

(903)
Non-controlling

interests

(9)

Total equity

(912)

Number of outstanding shares

(in millions of euros)

Share-based payments, net of tax

Share capital

Additional paid-in capital

Translation reserve

Hedging reserve

Reserves and retained earnings

84

Equity attributable to owners of the Company

84
Non-controlling

interests

Total equity

84

Number of outstanding shares

 

(in millions of euros)

Effect of acquisitions and commitments to buy-out non-controlling interests

Share capital

Additional paid-in capital

Translation reserve

Hedging reserve

Reserves and retained earnings

(9)

Equity attributable to owners of the Company

(9)
Non-controlling

interests

8

Total equity

(1)

Number of outstanding shares

(in millions of euros)

Equity warrants exercise

Share capital

Additional paid-in capital

Translation reserve

Hedging reserve

Reserves and retained earnings

Equity attributable to owners of the Company

Non-controlling

interests

Total equity

Number of outstanding shares

130,136

(in millions of euros)

(Buybacks)/Sales of treasury shares

Share capital

Additional paid-in capital

Translation reserve

Hedging reserve

Reserves and retained earnings

(147)

Equity attributable to owners of the Company

(147)
Non-controlling

interests

Total equity

(147)

Number of outstanding shares

250,869,883

(in millions of euros)

December 31, 2025

Share capital

102

Additional paid-in capital

3,283

Translation reserve

(1,018)

Hedging reserve

Reserves and retained earnings

8,080

Equity attributable to owners of the Company

10,447

Non-controlling

interests

(23)

Total equity

10,424