Income Statement | | | | | | | | | | | |
| | | | | | | Press Release | | | | |
EUR | | | Latest | | Year-to-date Ending | |
(in millions) | Dec-20 | Dec-21 | Dec-22 | Dec-23 | Dec-24 | | Dec-24 | | Dec-23 | Dec-24 | |
| FY - 4 | FY - 3 | FY - 2 | FY - 1 | FY | | LTM | | YTD-1 | YTD | |
| | | | | | | | | | | |
Net Revenue | 5,861 | 7,578 | 8,230 | 10,231 | 10,781 | | 10,781 | | 10,231 | 10,781 | |
% Growth | NA | 29.3% | 8.6% | 24.3% | 5.4% | | | | | 5.4% | |
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Research and Development | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 | |
Selling and Marketing | (155) | (168) | (193) | (222) | 0 | | 0 | | (222) | 0 | |
General and Admin | (4,066) | (4,139) | (4,382) | (4,797) | (5,278) | | (5,278) | | (4,797) | (5,278) | |
Other Exp / (Inc) | (273) | (339) | (432) | (417) | (506) | | (506) | | (417) | (506) | |
Total Operating Exp | (4,494) | (4,645) | (5,007) | (5,436) | (5,784) | | (5,784) | | (5,436) | (5,784) | |
| | | | | | | | | | | |
Operating Income | 1,368 | 2,933 | 3,223 | 4,795 | 4,997 | | 4,997 | | 4,795 | 4,997 | |
% Revenue | 23.3% | 38.7% | 39.2% | 46.9% | 46.4% | | 46.4% | | 46.9% | 46.4% | |
| | | | | | | | | | | |
Interest Expense | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 | |
Pre-tax Income | 1,368 | 2,933 | 3,223 | 4,795 | 4,997 | | 4,997 | | 4,795 | 4,997 | |
Earnings of Discontinued Ops. | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 | |
Provision for Taxes | (343) | (525) | (556) | (874) | (1,053) | | (1,053) | | (874) | (1,053) | |
Net Income to Company | 1,025 | 2,408 | 2,667 | 3,921 | 3,944 | | 3,944 | | 3,921 | 3,944 | |
% Margin | 17.5% | 31.8% | 32.4% | 38.3% | 36.6% | | 36.6% | | 38.3% | 36.6% | |
| | | | | | | | | | | |
Minority Interest in Earnings | (242) | (485) | (502) | (923) | (819) | | (819) | | (923) | (819) | |
Net Income to Stockholders | 783 | 1,923 | 2,165 | 2,998 | 3,125 | | 3,125 | | 2,998 | 3,125 | |
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Preferred Dividends | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 | |
Other Adj. | (115) | (148) | (100) | (99) | 0 | | 0 | | (99) | 0 | |
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Net Income to Common | 669 | 1,776 | 2,065 | 2,899 | 3,125 | | 3,125 | | 2,899 | 3,125 | |
% Margin | 11.4% | 23.4% | 25.1% | 28.3% | 29.0% | | 29.0% | | 28.3% | 29.0% | |
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As Reported | | | | | | | | | | | |
Basic EPS (Continuing Ops) | 1.57 | 4.17 | 4.83 | 6.81 | 7.75 | | 7.75 | | 6.81 | 7.75 | |
Diluted EPS (Continuing Ops) | 1.57 | 4.17 | 4.83 | 6.80 | 7.75 | | 7.75 | | 6.80 | 7.75 | |
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WA Basic Shares Out. | 426 | 426 | 427 | 426 | 403 | | 403 | | 426 | 403 | |
WA Diluted Shares Out. | 426 | 426 | 427 | 426 | 403 | | 403 | | 426 | 403 | |
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Unusual Items Reconciliation | | | | | | | | | | | |
Addback: Other Non Operating Expenses, Total | (7) | 8 | 52 | 13 | 90 | | 90 | | 13 | 90 | |
Addback: Restructuring Charges | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 | |
Addback: Merger / Acquisition Expenses | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 | |
Addback: Goodwill Impairment | 0 | 0 | 5 | 9 | 0 | | 0 | | 9 | 0 | |
Addback: Gain (Loss) On Sale Of Invest. | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 | |
Addback: Gain (Loss) On Sale Of Assets | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 | |
Addback: Asset Writedown | 66 | 53 | 36 | 41 | 0 | | 0 | | 41 | 0 | |
Addback: In Process R&D Expenses | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 | |
Addback: Insurance Settlements | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 | |
Addback: Legal Settlements | 6 | 1 | (54) | (8) | 0 | | 0 | | (8) | 0 | |
Addback: Other Unusual Items | 0 | 0 | 0 | 0 | 0 | | 0 | | 0 | 0 | |
Total Unusual Items | 65 | 61 | 39 | 55 | 90 | | 90 | | 55 | 90 | |
% Margin | 1.1% | 0.8% | 0.5% | 0.5% | 0.8% | | 0.8% | | 0.5% | 0.8% | |
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Adjusted Net Income Reconciliation | | | | | | | | | | | |
Net Income to Company | 1,025 | 2,408 | 2,667 | 3,921 | 3,944 | | 3,944 | | 3,921 | 3,944 | |
Addback: Unusual Items | 72 | 54 | (13) | 42 | 0 | | 0 | | 42 | 0 | |
Less: Tax Benefit of Unusual Items (26%) | (19) | (14) | 3 | (11) | 0 | | 0 | | (11) | 0 | |
Adjusted Net Income | 1,079 | 2,448 | 2,657 | 3,952 | 3,944 | | 3,944 | | 3,952 | 3,944 | |
% Margin | 18.4% | 32.3% | 32.3% | 38.6% | 36.6% | | 36.6% | | 38.6% | 36.6% | |
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Adjusted Basic EPS | 2.53 | 5.74 | 6.22 | 9.28 | 9.78 | | 9.78 | | 9.28 | 9.78 | |