2024 universal registration document

1. Presentation of the Group – Integrated Report

NET PROFIT EXCLUDING NON‑RECURRING ITEMS(1) ATTRIBUTABLE TO THE OWNERS OF THE COMPANY(€ millions)

This graph shows the net profit non-recurring items attributable to the owners of the company in million of euros

2022 : 6,054

2023 :  6,487

2024 : 6,786

EARNINGS PER SHARE(2)(€)

This graph shows the earnings per share

2022 : 11.26

2023 :  12.08

2024 : 12.66

SOLID BALANCE SHEET (€ millions)
ASSETS

This graph shows the solid balance sheet in millions of euros.

Assets

Total assets

2022: €46,844.2 M

2023: €51,855.1 M

2024: €56,353.4 M

Non-current assets

2022: €32,794.5 M

2023: €35,529.7 M

2024: €39,879.9 M

Current assets

2022 : €14,049.6m

2023: €16,325.4m

2024: €16,473.5m

Including cash

2022: €2,617.7m

2023: €4,288.1m

2024: €4,052.3m

LIABILITIES

Liabilities

Total assets

2022: €46,844.2m

2023: €51,855.1m

2024: €56,353.4m

Shareholders' equity

2022: €27,186.5m

2023: €29,081.6m

2024: €33,137.8m

Non-current liabilities

2022: €1,706.8m

2023: €1,733.0m

2024: €1,934.4 M

Current and non-current debt

2022: €5,650.9 M

2023: €8,692.2 M

2024: €8,495.0 M

Current liabilities

2022: €12,300.0 M

2023: €12,348.4 M

2024: €12,786.1 M

NET DEBT
  31.12.2022 31.12.2023 31.12.2024
Net cash position = Net cash or net debt (€ millions)(1)

Net cash position = Net cash or net debt

(€ millions)(1)

31.12.2022

(3,033.2)(2)

Net cash position = Net cash or net debt

(€ millions)(1)

31.12.2023

(4,404.0)(2)

Net cash position = Net cash or net debt

(€ millions)(1)

31.12.2024

(4,442.7)(2)
Net debt ratio (Net financial position/Equity)

Net debt ratio (Net financial position/Equity)

31.12.2022

11.2%

Net debt ratio (Net financial position/Equity)

31.12.2023

15.1%

Net debt ratio (Net financial position/Equity)

31.12.2024

13.4%
SHORT-TERM AND LONG-TERM RATINGS
  Short-term rating Long-term rating

Short-term rating

A1+

SEPTEMBER 2024

Long-term rating

AA

SEPTEMBER 2024

Short-term rating

PRIME -

1 MARCH 2022

Long-term rating

AA1

MARCH 2022