"TERNA - RETE ELETTRICA NAZIONALE SOCIETA' PER AZIONI" (IN FORMA ABBREVIATA "TERNA S.P.A.") financials
"TERNA - RETE ELETTRICA NAZIONALE SOCIETA' PER AZIONI" (IN FORMA ABBREVIATA "TERNA S.P.A.")
Country: IT Reporting currency: EUR Latest annual report: 2024-12-31
LEI:
8156009E94ED54DE7C31 Financial statements
(EUR, as reported — unscaled; 115 line items across 2 annual periods)
| Line item | 2024 | 2023 |
|---|---|---|
| Income statement | ||
| Revenue | €3.62B | €3.12B |
| Employee benefits expense | €409.3M | €377.2M |
| Raw materials & consumables used | €305.2M | €285.4M |
| Operating profit (EBIT) | €1.68B | €1.36B |
| Finance costs | €332.1M | €235.8M |
| Profit before tax | €1.51B | €1.24B |
| Income tax expense | €455.0M | €364.3M |
| Profit for the year | €1.06B | €882.8M |
| — attributable to owners | €1.06B | €885.4M |
| — attributable to NCI | €600.0K | -€2.6M |
| Total comprehensive income | €1.04B | €854.6M |
| Per share | ||
| Basic EPS | €0.52 | €0.43 |
| Diluted EPS | €0.52 | €0.43 |
| Free cash flow / share | €-0.44 | €-0.47 |
| Cash flow statement | ||
| Net cash from operating activities | €1.47B | €1.08B |
| Net cash from investing activities | -€2.40B | -€2.33B |
| Purchase of PP&E (capex) | €2.36B | €2.05B |
| Purchase of intangibles | €266.5M | €216.2M |
| Net cash from financing activities | €1.87B | €464.3M |
| Dividends paid | €690.6M | €671.5M |
| Balance sheet | ||
| Total assets | €27.19B | €23.39B |
| Non-current assets | €20.93B | €19.15B |
| Property, plant & equipment | €19.24B | €17.60B |
| Intangible assets & goodwill | €250.9M | €252.3M |
| Inventories | €108.2M | €75.0M |
| Trade & other receivables | €3.19B | €2.15B |
| Cash & equivalents | €2.31B | €1.38B |
| Total equity | €7.54B | €6.34B |
| — attributable to owners | €7.52B | €6.32B |
| Non-controlling interests | €19.8M | €18.9M |
| Non-current liabilities | €12.78B | €10.72B |
| Long-term borrowings | €11.41B | €9.41B |
| Current liabilities | €6.86B | €6.32B |
| Short-term borrowings | €1.66B | €1.20B |
| Current portion of long-term borrowings | €681.0M | €1.38B |
| Derived metrics | ||
| Free cash flow | -€889.2M | -€963.9M |
| Operating margin | 46.4% | 43.6% |
| Net margin | 29.4% | 28.3% |
| Return on equity | 14.1% | 13.9% |
| Cash conversion ratio | 1.38× | 1.23× |
| Capex coverage | 0.62× | 0.53× |
| Other reported items | ||
| Adjustments For Decrease Increase In Inventories | -€33.2M | €22.5M |
| Adjustments For Decrease Increase In Other Assets | -€85.0M | -€6.4M |
| Adjustments For Decrease Increase In Trade and Other Receivables | -€1.04B | €259.6M |
| Adjustments For Depreciation and Amortisation Expense and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | €876.4M | €775.7M |
| Adjustments For Finance Income Cost | €175.3M | €118.8M |
| Adjustments For Gain Loss On Disposals Property Plant and Equipment | -€12.6M | -€18.0M |
| Adjustments For Income Tax Expense | €456.0M | €366.0M |
| Adjustments For Increase Decrease In Other Liabilities | €15.6M | -€25.7M |
| Adjustments For Increase Decrease In Trade and Other Payables | €621.3M | -€716.4M |
| Adjustments For Provisions | €56.9M | €53.7M |
| Basic Earnings Loss Per Share From Continuing Operations | €0.52 | €0.43 |
| Cash and Cash Equivalents Classified As Part of Disposal Group Held For Sale | €1.9M | €3.6M |
| Cash Flows From Losing Control of Subsidiaries Or Other Businesses Classified As Investing Activities | €79.3M | €0 |
| Cash Flows From Used In Operations Before Changes In Working Capital | €2.60B | €2.18B |
| Comprehensive Income Attributable To Noncontrolling Interests | €700.0K | -€2.4M |
| Comprehensive Income Attributable To Owners of Parent | €1.04B | €857.0M |
| Current Assets Other Than Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | €6.24B | €4.16B |
| Current Financial Assets | €447.3M | €384.1M |
| Current Financial Liabilities | €111.9M | €113.8M |
| Current Tax Assets Current | €8.7M | €4.8M |
| Current Tax Liabilities Current | €112.3M | €0 |
| Deferred Tax Assets | €228.4M | €168.7M |
| Depreciation Amortisation and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | €889.0M | €806.3M |
| Diluted Earnings Loss Per Share From Continuing Operations | €0.52 | €0.43 |
| Dividends Recognised As Distributions To Owners of Parent Relating To Current Year | €239.6M | €230.3M |
| Dividends Recognised As Distributions To Owners Per Share | €11.92 | — |
| Equity and Liabilities | €27.19B | €23.39B |
| Expense By Nature | €2.00B | €1.82B |
| Finance Income | €156.7M | €115.5M |
| Gains Losses On Cash Flow Hedges Net of Tax | -€30.2M | -€37.6M |
| Gains Losses On Financial Assets Measured At Fair Value Through Other Comprehensive Income Before Tax | €2.3M | €1.0M |
| Income Taxes Paid Refund Classified As Operating Activities | -€371.6M | -€434.0M |
| Increase Decrease In Cash and Cash Equivalents | €931.6M | -€785.2M |
| Increase Decrease Through Acquisition of Subsidiary | €800.0K | — |
| Increase Decrease Through Appropriation of Retained Earnings | €0 | €0 |
| Intangible Assets Other Than Goodwill | €731.3M | €614.9M |
| Interest Costs Capitalised | €74.2M | €48.3M |
| Interest Paid Classified As Operating Activities | €370.9M | €261.9M |
| Interest Received Classified As Operating Activities | €157.0M | €107.2M |
| Investment Accounted For Using Equity Method | €81.6M | €76.7M |
| Issued Capital | €442.2M | €442.2M |
| Liabilities Included In Disposal Groups Classified As Held For Sale | €200.0K | €4.6M |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | €15.4M | €85.0M |
| Noncurrent Financial Assets | €388.2M | €425.8M |
| Noncurrent Financial Liabilities | €58.8M | €164.5M |
| Noncurrent Provisions For Employee Benefits | €48.2M | €49.8M |
| Other Adjustments For Noncash Items | -€15.4M | €5.2M |
| Other Comprehensive Income | -€24.5M | -€28.2M |
| Other Comprehensive Income Net of Tax Cash Flow Hedges | €100.0K | €200.0K |
| Other Comprehensive Income Net of Tax Exchange Differences On Translation | -€2.7M | €11.7M |
| Other Comprehensive Income Net of Tax Financial Assets Measured At Fair Value Through Other Comprehensive Income | €2.3M | €1.0M |
| Other Comprehensive Income Net of Tax Gains Losses On Remeasurements of Defined Benefit Plans | €6.0M | -€3.5M |
| Other Current Assets | €168.3M | €160.9M |
| Other Current Liabilities | €776.9M | €756.9M |
| Other Expense By Nature | €44.9M | €43.2M |
| Other Longterm Provisions | €169.8M | €151.8M |
| Other Noncurrent Assets | €14.9M | €15.5M |
| Other Noncurrent Liabilities | €1.09B | €948.3M |
| Other Reserves | €2.67B | €1.84B |
| Other Revenue | €64.0M | €63.9M |
| Proceeds From Disposals of Property Plant and Equipment Intangible Assets Other Than Goodwill Investment Property and Other Noncurrent Assets | €12.7M | €19.4M |
| Profit Loss From Continuing Operations | €1.05B | €880.3M |
| Profit Loss From Discontinued Operations | €11.6M | €2.5M |
| Purchase of Treasury Shares | €1.6M | €300.0K |
| Retained Earnings Excluding Profit Loss For Reporting Period | €3.59B | €3.39B |
| Retained Earnings Profit Loss For Reporting Period | €1.06B | €885.4M |
| Revenue and Operating Income | €3.68B | €3.19B |
| Revenue From Sale of Goods Related Party Transactions | €2.21B | €1.81B |
| Services Expense | €354.4M | €312.3M |
| Services Received Related Party Transactions | €12.0M | €10.1M |
| Share of Profit Loss of Associates and Joint Ventures Accounted For Using Equity Method | €3.9M | €2.6M |
| Trade and Other Current Payables To Related Parties | €48.5M | €66.5M |
| Trade and Other Current Receivables Due From Related Parties | €264.6M | €344.4M |
| Trade and Other Payables To Trade Suppliers | €3.52B | €2.86B |
Methodology
Every line item above is a fact tagged in "TERNA - RETE ELETTRICA NAZIONALE SOCIETA' PER AZIONI" (IN FORMA ABBREVIATA "TERNA S.P.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.