| (in thousands of euros) | 2025 | 2024 |
|---|---|---|
| Cash flow from operating activities | Cash flow from operating activities 2025
|
Cash flow from operating activities 2024
|
| Net income for the year | Net income for the year 2025 1,045,843 |
Net income for the year 2024 1,895,446 |
| Capital losses (gains) on disposals of assets | Capital losses (gains) on disposals of assets 2025 125,758 |
Capital losses (gains) on disposals of assets 2024 112,344 |
| (Reversals)/increases of provisions, net | (Reversals)/increases of provisions, net 2025 1,108 |
(Reversals)/increases of provisions, net 2024 (2,729) |
| Transfer to deferred expenses, net of amortization/depreciation | Transfer to deferred expenses, net of amortization/depreciation 2025 1,580 |
Transfer to deferred expenses, net of amortization/depreciation 2024 1,047 |
| Amortization of redemption premiums on the Eurobond | Amortization of redemption premiums on the Eurobond 2025 124 |
Amortization of redemption premiums on the Eurobond 2024 429 |
| Cash flow | Cash flow 2025 1,174,413 |
Cash flow 2024 2,006,537 |
| Change in working capital requirements | Change in working capital requirements 2025 3,133 |
Change in working capital requirements 2024 (128,009) |
| Net cash flows generated by (used in) operating activities (I) | Net cash flows generated by (used in) operating activities (I) 2025 1,177,546 |
Net cash flows generated by (used in) operating activities (I) 2024 1,878,528 |
| Cash flow from investing activities | Cash flow from investing activities 2025
|
Cash flow from investing activities 2024
|
| Purchases of property, plant and equipment and intangible assets | Purchases of property, plant and equipment and intangible assets 2025 (332) |
Purchases of property, plant and equipment and intangible assets 2024 (1,043) |
| Acquisitions of subsidiaries | Acquisitions of subsidiaries 2025 – |
Acquisitions of subsidiaries 2024 – |
| Disposals of subsidiaries | Disposals of subsidiaries 2025 – |
Disposals of subsidiaries 2024 – |
| Net cash flows generated by (used in) investing activities (II) | Net cash flows generated by (used in) investing activities (II) 2025 (332) |
Net cash flows generated by (used in) investing activities (II) 2024 (1,043) |
| Cash flow from financing activities | Cash flow from financing activities 2025
|
Cash flow from financing activities 2024
|
| Dividends paid to holders of the parent company | Dividends paid to holders of the parent company 2025 (902,946) |
Dividends paid to holders of the parent company 2024 (853,371) |
| Capital increase | Capital increase 2025 – |
Capital increase 2024 – |
| Proceeds from new bond issuances | Proceeds from new bond issuances 2025 1,248,631 |
Proceeds from new bond issuances 2024 – |
| Repayment of bonds | Repayment of bonds 2025 – |
Repayment of bonds 2024 (600,426) |
| Variation in loans / other borrowings / accrued interest | Variation in loans / other borrowings / accrued interest 2025 (1,372,347) |
Variation in loans / other borrowings / accrued interest 2024 (398,095) |
| Net (buybacks)/sales of treasury shares and warrants | Net (buybacks)/sales of treasury shares and warrants 2025 (147,051) |
Net (buybacks)/sales of treasury shares and warrants 2024 (147,604) |
| Net cash flows generated by (used in) financing activities (III) | Net cash flows generated by (used in) financing activities (III) 2025 (1,173,713) |
Net cash flows generated by (used in) financing activities (III) 2024 (1,999,496) |
| Change in cash and cash equivalents (I+II+III) | Change in cash and cash equivalents (I+II+III) 2025 3,501 |
Change in cash and cash equivalents (I+II+III) 2024 (122,011) |
| Net cash and cash equivalents at beginning of the year(1) | Net cash and cash equivalents at beginning of the year (1)2025 14,415 |
Net cash and cash equivalents at beginning of the year (1)2024 136,426 |
| Net cash and cash equivalents at end of the year(1) | Net cash and cash equivalents at end of the year (1)2025 17,916 |
Net cash and cash equivalents at end of the year (1)2024 14,415 |
| Change in cash and cash equivalents | Change in cash and cash equivalents 2025 3,501 |
Change in cash and cash equivalents 2024 (122,011) |
