6.3 Financial statements

6. Financial statements

6.3 Financial statements

6.3 Financial statements

NB: Most figures in the tables are reported in millions of euros. The resulting approximation can lead to slight differences in totals or movements and changes.

Income statement

(in millions of euros) Notes
2019
2018
SALES* SALES* Notes 4
SALES* 2019 46,155
SALES* 2018 44,874
Change in inventories and capitalised production

Change in inventories and capitalised production

2019

1,447


Change in inventories and capitalised production

2018

1,217

Operating subsidies

Operating subsidies

Notes

5


Operating subsidies

2019

7,670


Operating subsidies

2018

6,566

Reversals of provisions and depreciation

Reversals of provisions and depreciation

Notes

6


Reversals of provisions and depreciation

2019

3,279


Reversals of provisions and depreciation

2018

2,996

Other operating income and transfers of charges

Other operating income and transfers of charges

Notes

7


Other operating income and transfers of charges

2019

849


Other operating income and transfers of charges

2018

850

I TOTAL OPERATING INCOME

I TOTAL OPERATING INCOME 2019 59,400
I TOTAL OPERATING INCOME 2018 56,503
Purchases and other external expenses Purchases and other external expenses Notes 8
Purchases and other external expenses 2019 38,090
Purchases and other external expenses 2018 37,410
Fuel purchases used

Fuel purchases used


3,498


Fuel purchases used


3,172


Energy purchases

Energy purchases


18,232


Energy purchases


17,057


Services and other purchases used

Services and other purchases used


16,360


Services and other purchases used


17,181


Taxes other than Income taxes Taxes other than Income taxes Notes 9
Taxes other than Income taxes 2019 2,674
Taxes other than Income taxes 2018 2,662
Personnel expenses Personnel expenses Notes 10
Personnel expenses 2019 6,453
Personnel expenses 2018 6,565
Depreciation, amortisation and provisions Depreciation, amortisation and provisions Notes 11
Depreciation, amortisation and provisions 2019 6,590
Depreciation, amortisation and provisions 2018 6,471
Depreciation and amortisation

Depreciation and amortisation

Notes

11.1

Depreciation and amortisation


3,975


Depreciation and amortisation


3,531


Provisions and impairment

Provisions and impairment

Notes

11.2

Provisions and impairment


2,615


Provisions and impairment


2,940


Other operating expenses Other operating expenses Notes 12
Other operating expenses 2019 2,241
Other operating expenses 2018 1,743
II TOTAL OPERATING EXPENSES

II TOTAL OPERATING EXPENSES 2019 56,048
II TOTAL OPERATING EXPENSES 2018 54,851
OPERATING PROFIT (I - II)

OPERATING PROFIT (I - II) 2019 3,352
OPERATING PROFIT (I - II) 2018 1,652
III JOINT OPERATIONS

III JOINT OPERATIONS 2019 -
III JOINT OPERATIONS 2018 -
IV FINANCIAL RESULT IV FINANCIAL RESULT Notes 13
IV FINANCIAL RESULT 2019 (1,701)
IV FINANCIAL RESULT 2018 (1,756)
PROFIT OR LOSS BEFORE INCOME TAXESAND EXCEPTIONAL ITEMS (I - II + III + IV)

PROFIT OR LOSS BEFORE INCOME TAXESAND EXCEPTIONAL ITEMS (I - II + III + IV) 2019 1,651
PROFIT OR LOSS BEFORE INCOME TAXESAND EXCEPTIONAL ITEMS (I - II + III + IV) 2018 (104)
V EXCEPTIONAL RESULT V EXCEPTIONAL RESULT Notes 14
V EXCEPTIONAL RESULT 2019 547
V EXCEPTIONAL RESULT 2018 939
VI INCOME TAXES VI INCOME TAXES Notes 15
VI INCOME TAXES 2019 (605)
VI INCOME TAXES 2018 756
PROFIT OR LOSS (I - II + III + IV + V + VI)

PROFIT OR LOSS (I - II + III + IV + V + VI) 2019 1,593
PROFIT OR LOSS (I - II + III + IV + V + VI) 2018 1,591

* Production of goods for export in 2019: €10,267 million; production of services for export in 2019: €370 million.