|
|
|
|
|
|
Change |
||
|---|---|---|---|---|---|---|---|---|
€ million |
|
2025 |
|
2024 |
|
€ million |
|
% |
Net sales |
|
1,754 |
|
1,624 |
|
130 |
|
8.0 |
Other income |
|
101 |
|
114 |
|
-13 |
|
-11.7 |
Cost of materials |
|
-787 |
|
-693 |
|
-94 |
|
13.6 |
Personnel expenses |
|
-542 |
|
-527 |
|
-14 |
|
2.7 |
Depreciation, amortization and write-downs |
|
-133 |
|
-132 |
|
-2 |
|
1.1 |
Other operating expenses |
|
-792 |
|
-916 |
|
124 |
|
-13.6 |
Operating result |
|
-399 |
|
-530 |
|
131 |
|
-24.7 |
Investment result |
|
1,943 |
|
2,173 |
|
-229 |
|
-10.6 |
Other financial result |
|
-511 |
|
-685 |
|
175 |
|
-25.5 |
Profit before profit transfers and taxes |
|
1,034 |
|
958 |
|
76 |
|
7.9 |
Profit transfers |
|
-740 |
|
-709 |
|
-31 |
|
4.4 |
Taxes |
|
-9 |
|
36 |
|
-45 |
|
-126.0 |
Profit after profit transfers and taxes/net income |
|
284 |
|
284 |
|
– |
|
– |
|
|
|
|
|
|
Change |
||
|---|---|---|---|---|---|---|---|---|
€ million |
|
Dec. 31, 2025 |
|
Dec. 31, 2024 |
|
€ million |
|
% |
Fixed assets |
|
26,352 |
|
25,209 |
|
1,143 |
|
4.5 |
Intangible assets |
|
196 |
|
193 |
|
3 |
|
1.4 |
Tangible assets |
|
1,413 |
|
1,276 |
|
138 |
|
10.8 |
Financial assets |
|
24,743 |
|
23,741 |
|
1,002 |
|
4.2 |
Current assets |
|
1,251 |
|
1,795 |
|
-545 |
|
-30.3 |
Inventories |
|
32 |
|
34 |
|
-2 |
|
-6.7 |
Trade accounts receivable |
|
59 |
|
63 |
|
-4 |
|
-7.0 |
Other receivables and other assets |
|
1,160 |
|
1,698 |
|
-538 |
|
-31.7 |
Cash and cash equivalents |
|
– |
|
– |
|
– |
|
– |
Prepaid expenses |
|
89 |
|
84 |
|
5 |
|
6.2 |
|
|
27,692 |
|
27,088 |
|
604 |
|
2.2 |
|
|
|
|
|
|
Change |
||
|---|---|---|---|---|---|---|---|---|
€ million |
|
Dec. 31, 2025 |
|
Dec. 31, 2024 |
|
€ million |
|
% |
Net equity |
|
5,481 |
|
5,481 |
|
– |
|
– |
Provisions |
|
1,893 |
|
2,067 |
|
-174 |
|
-8.4 |
Provisions for pensions and other post-employment benefits |
|
1,190 |
|
1,313 |
|
-123 |
|
-9.3 |
Other provisions |
|
703 |
|
754 |
|
-51 |
|
-6.8 |
Liabilities |
|
20,309 |
|
19,532 |
|
777 |
|
4.0 |
Financial liabilities |
|
2,548 |
|
2,276 |
|
272 |
|
12.0 |
Trade accounts payable |
|
172 |
|
155 |
|
17 |
|
10.7 |
Other liabilities |
|
17,589 |
|
17,101 |
|
488 |
|
2.9 |
Deferred income |
|
10 |
|
9 |
|
– |
|
– |
|
|
27,692 |
|
27,088 |
|
603 |
|
2.2 |
|
|
2025 |
|
2024 |
|---|---|---|---|---|
Administration |
|
2,498 |
|
2,529 |
Site operations |
|
762 |
|
820 |
Research |
|
281 |
|
310 |
Logistics |
|
55 |
|
55 |
Marketing and sales |
|
35 |
|
36 |
Other |
|
7 |
|
6 |
Total |
|
3,637 |
|
3,756 |