REN - REDES ENERGÉTICAS NACIONAIS, SGPS, S.A. financials
REN - REDES ENERGÉTICAS NACIONAIS, SGPS, S.A.
Country: PT Reporting currency: EUR Latest annual report: 2024-12-31
LEI:
549300FR1FN48IGHR915 Financial statements
(EUR, as reported — unscaled; 102 line items across 2 annual periods)
| Line item | 2024 | 2023 |
|---|---|---|
| Income statement | ||
| Cost of sales | €915.0K | €1.0M |
| Operating expenses | €784.8M | €727.5M |
| Employee benefits expense | €67.6M | €64.0M |
| Depreciation & amortisation | €254.7M | €253.2M |
| Operating profit (EBIT) | €246.9M | €263.7M |
| Net finance income / (cost) | -€56.7M | -€43.5M |
| Finance costs | €93.8M | €83.2M |
| Income tax expense | €15.0M | €42.7M |
| Profit for the year | €152.5M | €149.2M |
| — attributable to owners | €152.5M | €149.2M |
| — attributable to NCI | €0 | €0 |
| Total comprehensive income | €141.9M | €96.7M |
| Per share | ||
| Basic EPS | €0.23 | €0.22 |
| Free cash flow / share | €0.92 | €-0.55 |
| Cash flow statement | ||
| Net cash from operating activities | €620.9M | -€370.0M |
| Net cash from investing activities | -€217.1M | -€164.4M |
| Purchase of PP&E (capex) | €11.3M | €5.1M |
| Purchase of intangibles | €288.0M | €244.5M |
| Net cash from financing activities | -€402.0M | €211.6M |
| Dividends paid | €102.2M | €102.2M |
| Proceeds from borrowings | €6.27B | €3.76B |
| Repayments of borrowings | €6.49B | €3.38B |
| Lease liability payments | €2.7M | €2.2M |
| Balance sheet | ||
| Total assets | €5.36B | €5.78B |
| Non-current assets | €4.82B | €4.75B |
| Property, plant & equipment | €123.6M | €121.1M |
| Intangible assets & goodwill | €2.3M | €2.8M |
| Current assets | €533.1M | €1.03B |
| Cash & equivalents | €40.5M | €40.1M |
| Total equity | €1.55B | €1.51B |
| Non-current liabilities | €2.42B | €2.75B |
| Long-term borrowings | €1.62B | €2.02B |
| Current liabilities | €1.39B | €1.52B |
| Deferred tax liabilities | €104.1M | €107.9M |
| Derived metrics | ||
| Free cash flow | €609.6M | -€375.1M |
| Return on equity | 9.8% | 9.9% |
| Cash conversion ratio | 4.07× | -2.48× |
| Capex coverage | 54.75× | -72.09× |
| Other reported items | ||
| Bank Overdrafts Classified As Cash Equivalents | €500.0K | €0 |
| Capital Reserve | €344.0M | €356.7M |
| Cash | €10.0K | €8.0K |
| Cash and Cash Equivalents If Different From Statement of Financial Position | €40.0M | €40.1M |
| Cash Equivalents | €40.5M | €40.1M |
| Cash Receipts From Repayment of Advances and Loans Made To Related Parties | €400.0K | €231.0K |
| Changes In Other Provisions | -€2.3M | -€812.0K |
| Comprehensive Income Attributable To Noncontrolling Interests | €0 | €0 |
| Comprehensive Income Attributable To Owners of Parent | €141.9M | €96.7M |
| Current Borrowings and Current Portion of Noncurrent Borrowings | €914.4M | €710.9M |
| Current Derivative Financial Assets | €1.6M | €8.6M |
| Current Derivative Financial Liabilities | €3.5M | €8.6M |
| Current Tax Assets | €0 | €25.4M |
| Current Tax Liabilities | €2.1M | €0 |
| Deferred Tax Assets | €47.6M | €53.4M |
| Dividends Received Classified As Investing Activities | €23.9M | €25.3M |
| Dividends Recognised As Distributions To Owners Per Share | €0.15 | — |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | -€2.0M | -€2.3M |
| Equity and Liabilities | €5.36B | €5.78B |
| Gains Losses On Change In Fair Value of Derivatives | €14.0M | €0 |
| Gains Losses On Exchange Differences On Translation Net of Tax | -€254.0K | -€16.9M |
| Gains Losses On Financial Assets Measured At Fair Value Through Other Comprehensive Income Before Tax | €2.1M | -€10.0M |
| Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | -€61.0K | €3.5M |
| Income Tax Relating To Cash Flow Hedges of Other Comprehensive Income | -€4.5M | -€6.5M |
| Income Tax Relating To Financial Assets Measured At Fair Value Through Other Comprehensive Income | -€818.0K | -€4.3M |
| Income Tax Relating To Remeasurements of Defined Benefit Plans of Other Comprehensive Income | €1.9M | -€3.3M |
| Income Taxes Paid Refund Classified As Operating Activities | -€20.8M | €31.4M |
| Increase Decrease In Cash and Cash Equivalents | €1.8M | -€322.8M |
| Increase Decrease Through Transfers and Other Changes Equity | €0 | €0 |
| Intangible Assets Other Than Goodwill | €4.22B | €4.12B |
| Interest Paid Classified As Financing Activities | €70.3M | €65.1M |
| Inventories Total | €2.5M | €7.2M |
| Investment Accounted For Using Equity Method | €182.1M | €171.9M |
| Issued Capital | €667.2M | €667.2M |
| Liabilities | €3.80B | €4.27B |
| Miscellaneous Other Operating Expense | €22.8M | €21.7M |
| Miscellaneous Other Operating Income | €37.0M | €30.4M |
| Noncurrent Derivative Financial Assets | €28.6M | €45.7M |
| Noncurrent Derivative Financial Liabilities | €30.7M | €52.0M |
| Noncurrent Investments In Equity Instruments Designated At Fair Value Through Other Comprehensive Income | €137.9M | €135.7M |
| Noncurrent Provisions For Employee Benefits | €72.8M | €75.9M |
| Other Cash Receipts From Sales of Equity Or Debt Instruments of Other Entities Classified As Investing Activities | €3.0K | €0 |
| Other Comprehensive Income Before Tax Cash Flow Hedges | -€19.9M | -€28.9M |
| Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans | €4.1M | -€11.0M |
| Other Finance Income | €24.0M | €29.7M |
| Other Inflows Outflows of Cash Classified As Operating Activities | -€126.3M | €118.7M |
| Other Longterm Provisions | €11.9M | €10.0M |
| Other Noncurrent Financial Assets | €6.0M | €6.2M |
| Payments To and On Behalf of Employees | €83.5M | €79.7M |
| Payments To Suppliers For Goods and Services | €1.55B | €2.30B |
| Proceeds From Government Grants Classified As Investing Activities | €57.9M | €65.7M |
| Purchase of Financial Instruments Classified As Investing Activities | €0 | €6.0M |
| Receipts From Sales of Goods and Rendering of Services | €2.36B | €1.92B |
| Retained Earnings Excluding Profit Loss For Reporting Period | €287.7M | €238.5M |
| Retained Earnings Profit Loss For Reporting Period | €152.5M | €149.2M |
| Revenue and Operating Income | €1.03B | €991.2M |
| Revenue From Dividends | €13.0M | €10.0M |
| Revenue From Rendering of Services | €627.9M | €651.6M |
| Revenue From Sale of Goods | €613.0K | €179.0K |
| Revenue Recognised On Exchanging Construction Services For Intangible Asset | €354.4M | €296.1M |
| Services Expense | €113.5M | €115.5M |
| Share of Profit Loss of Associates and Joint Ventures Accounted For Using Equity Method | €11.8M | €12.8M |
| Share Premium | €116.8M | €116.8M |
| Treasury Shares | €10.7M | €10.7M |
Methodology
Every line item above is a fact tagged in REN - REDES ENERGÉTICAS NACIONAIS, SGPS, S.A.'s annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (EUR), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.