Half-year financial report 2025

2.5 Consolidated statement of changes in equity

2. Condensed half-year consolidated financial statements ended june 30, 2025

2.5 Consolidated statement of changes in equity

2.5 CONSOLIDATED STATEMENT OF CHANGES IN EQUITY

Number of outstanding shares (in millions of euros) Share capital Additional paid-incapital Translation reserve Hedging reserve Reserves and retained earnings Equity attributable to owners of the Company Non controlling interests Total equity
250,574,493 January 1, 2024 250,574,493(in millions of euros)102 250,574,493Share capital3,336 250,574,493

Additional

paid-incapital
(299)
250,574,493

Translation reserve

16
250,574,493

Hedging reserve

6,633
250,574,493

Reserves and retained earnings

9,788
250,574,493

Equity attributable to owners of the Company

(40)
250,574,493

Non controlling interests

9,748
  Net income

 

(in millions of euros)

 

Share capital

 

Additional

paid-incapital

 

Translation reserve

 

Hedging reserve

773

 

Reserves and retained earnings

773

 

Equity attributable to owners of the Company

4

 

Non controlling interests

777
  Other comprehensive income, net of tax

 

(in millions of euros)

 

Share capital

 

Additional

paid-incapital

239

 

Translation reserve

19

 

Hedging reserve

14

 

Reserves and retained earnings

272

 

Equity attributable to owners of the Company

 

Non controlling interests

272
  Total comprehensive income for the year

 

(in millions of euros)

 

Share capital

 

Additional

paid-incapital
239

 

Translation reserve

19

 

Hedging reserve

787

 

Reserves and retained earnings

1,045

 

Equity attributable to owners of the Company

4

 

Non controlling interests

1,049
Dividends (in millions of euros) Share capital

(53)

Additional

paid-incapital

Translation reserve

Hedging reserve

(800)

Reserves and retained earnings

(853)

Equity attributable to owners of the Company

(9)

Non controlling interests

(862)
Share-based payments, net of tax (in millions of euros) Share capital

Additional

paid-incapital

Translation reserve

Hedging reserve

60

Reserves and retained earnings

60

Equity attributable to owners of the Company

Non controlling interests

60
  Effect of acquisitions and commitments to buy-out non-controlling interests

 

(in millions of euros)

 

Share capital

 

Additional

paid-incapital

 

Translation reserve

 

Hedging reserve

(5)

 

Reserves and retained earnings

(5)

 

Equity attributable to owners of the Company

4

 

Non controlling interests

(1)
Equity warrants exercise (in millions of euros) Share capital

Additional

paid-incapital

Translation reserve

Hedging reserve

Reserves and retained earnings

Equity attributable to owners of the Company

Non controlling interests

(Buybacks)/Sales of treasury shares

(in millions of euros)

416,958

(Buybacks)/Sales of treasury shares

(Buybacks)/Sales of treasury shares

Share capital

(Buybacks)/Sales of treasury shares

Additional

paid-incapital

(Buybacks)/Sales of treasury shares

Translation reserve

(Buybacks)/Sales of treasury shares

Hedging reserve

(Buybacks)/Sales of treasury shares

Reserves and retained earnings

(119)

(Buybacks)/Sales of treasury shares

Equity attributable to owners of the Company

(119)

(Buybacks)/Sales of treasury shares

Non controlling interests

(Buybacks)/Sales of treasury shares

Total equity

(119)
250,991,451 June 30, 2024 250,991,451(in millions of euros)102 250,991,451Share capital3,283 250,991,451

Additional

paid-incapital
(60)
250,991,451

Translation reserve

35
250,991,451

Hedging reserve

6,556
250,991,451

Reserves and retained earnings

9,916
250,991,451

Equity attributable to owners of the Company

(41)
250,991,451

Non controlling interests

9,875
   

 

(in millions of euros)

 

 

Share capital

 

 

Additional

paid-incapital

 

 

Translation reserve

 

 

Hedging reserve

 

 

Reserves and retained earnings

 

 

Equity attributable to owners of the Company

 

 

Non controlling interests

 

250,739,747 January 1, 2025 250,739,747(in millions of euros)102 250,739,747Share capital3,283 250,739,747

Additional

paid-incapital
218
250,739,747

Translation reserve

62
250,739,747

Hedging reserve

7,395
250,739,747

Reserves and retained earnings

11,060
250,739,747

Equity attributable to owners of the Company

(24)
250,739,747

Non controlling interests

11,036
  Net income

 

(in millions of euros)

 

Share capital

 

Additional

paid-incapital

 

Translation reserve

 

Hedging reserve

824

 

Reserves and retained earnings

824

 

Equity attributable to owners of the Company

8

 

Non controlling interests

832
  Other comprehensive income, net of tax

 

(in millions of euros)

 

Share capital

 

Additional

paid-incapital

(1,189)

 

Translation reserve

(49)

 

Hedging reserve

3

 

Reserves and retained earnings

(1,235)

 

Equity attributable to owners of the Company

(5)

 

Non controlling interests

(1,240)
  Total comprehensive income for the year

 

(in millions of euros)

 

Share capital

 

Additional

paid-incapital
(1,189)

 

Translation reserve

(49)

 

Hedging reserve

827

 

Reserves and retained earnings

(411)

 

Equity attributable to owners of the Company

3

 

Non controlling interests

(408)
Dividends (in millions of euros) Share capital

Additional

paid-incapital

Translation reserve

Hedging reserve

(903)

Reserves and retained earnings

(903)

Equity attributable to owners of the Company

(5)

Non controlling interests

(908)
Share-based payments, net of tax (in millions of euros) Share capital

Additional

paid-incapital

Translation reserve

Hedging reserve

51

Reserves and retained earnings

51

Equity attributable to owners of the Company

Non controlling interests

51

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

 

(in millions of euros)

 

Share capital

 

Additional

paid-incapital

 

Translation reserve

 

Hedging reserve

(17)

 

Reserves and retained earnings

(17)

 

Equity attributable to owners of the Company

(1)

 

Non controlling interests

(18)
Equity warrants exercise (in millions of euros) Share capital

Additional

paid-incapital

Translation reserve

Hedging reserve

Reserves and retained earnings

Equity attributable to owners of the Company

Non controlling interests

(Buybacks)/Sales of treasury shares

(in millions of euros)

78,692

(Buybacks)/Sales of treasury shares

(Buybacks)/Sales of treasury shares

Share capital

(Buybacks)/Sales of treasury shares

Additional

paid-incapital

(Buybacks)/Sales of treasury shares

Translation reserve

(Buybacks)/Sales of treasury shares

Hedging reserve

(Buybacks)/Sales of treasury shares

Reserves and retained earnings

(149)

(Buybacks)/Sales of treasury shares

Equity attributable to owners of the Company

(149)

(Buybacks)/Sales of treasury shares

Non controlling interests

(Buybacks)/Sales of treasury shares

Total equity

(149)
250,818,439 June 30, 2025 250,818,439(in millions of euros)102 250,818,439Share capital3,283 250,818,439

Additional

paid-incapital
(971)
250,818,439

Translation reserve

13
250,818,439

Hedging reserve

7,204
250,818,439

Reserves and retained earnings

9,631
250,818,439

Equity attributable to owners of the Company

(27)
250,818,439

Non controlling interests

9,604