Presentation and analysis of the consolidated income statement for 2020 and 2019 is shown at two levels for Sales and EBITDA: a first focusing on the Group, then a second reporting on the different business segments (France – Generation and supply, France – Regulated activities, EDF Renewables, Dalkia, Framatome,
United Kingdom, Italy, Other international and Other activities). EBIT (operating profit) and net income are analysed from a general standpoint.
The impacts of the Covid-19 sanitary crisis mentioned below are estimated. See note 1.4 “Comparability (including the effect of the Covid-19 pandemic)” in theGroup’s audited financial statements at 31 December 2020.
(in millions of euros) | 2020 | 2019 |
|---|---|---|
| Sales | Sales 2020 69,031 | Sales 2019 71,347 |
| Fuel and energy purchases | Fuel and energy purchases 2020 (32,425) | Fuel and energy purchases 2019 (35,091) |
| Other external purchases(2) | Other external purchases (2)2020 (8,461) | Other external purchases (2)2019 (8,625) |
| Personnel expenses | Personnel expenses 2020 (13,957) | Personnel expenses 2019 (13,797) |
| Taxes other than income taxes | Taxes other than income taxes 2020 (3,797) | Taxes other than income taxes 2019 (3,798) |
| Other operating income and expenses | Other operating income and expenses 2020 5,783 | Other operating income and expenses 2019 6,687 |
Operating profit before depreciation and amortisation (EBITDA) | Operating profit before depreciation and amortisation (EBITDA) 2020 16,174 | Operating profit before depreciation and amortisation (EBITDA) 2019 16,723 |
| Net changes in fair value on Energy and Commodity derivatives, excluding trading activities | Net changes in fair value on Energy and Commodity derivatives, excluding trading activities 2020 (175) | Net changes in fair value on Energy and Commodity derivatives, excluding trading activities 2019 642 |
| Net depreciation and amortisation (3) | Net depreciation and amortisation (3)2020 (10,838) | Net depreciation and amortisation (3)2019 (10,020) |
| (Impairment)/reversals | (Impairment)/reversals 2020 (799) | (Impairment)/reversals 2019 (403) |
| Other income and expenses | Other income and expenses 2020 (487) | Other income and expenses 2019 (185) |
Operating profit (EBIT) | Operating profit (EBIT) 2020 3,875 | Operating profit (EBIT) 2019 6,757 |
| Cost of gross financial indebtedness | Cost of gross financial indebtedness 2020 (1,610) | Cost of gross financial indebtedness 2019 (1,806) |
| Discount effect | Discount effect 2020 (3,733) | Discount effect 2019 (3,161) |
| Other financial income and expenses | Other financial income and expenses 2020 2,761 | Other financial income and expenses 2019 4,603 |
| Financial result | Financial result 2020 (2,582) | Financial result 2019 (364) |
| Income before taxes of consolidated companies | Income before taxes of consolidated companies 2020 1,293 | Income before taxes of consolidated companies 2019 6,393 |
| Income taxes | Income taxes 2020 (945) | Income taxes 2019 (1 532) |
| Share in net income of associates and joint ventures | Share in net income of associates and joint ventures 2020 425 | Share in net income of associates and joint ventures 2019 818 |
| Net income of discontinued operations | Net income of discontinued operations 2020 (158) | Net income of discontinued operations 2019 (497) |
CONSOLIDATED NET INCOME | CONSOLIDATED NET INCOME 2020 615 | CONSOLIDATED NET INCOME 2019 5 182 |
| EDF net income | EDF net income 2020 650 | EDF net income 2019 5 155 |
| EDF net income – continuing operations | EDF net income – continuing operations 2020 804 | EDF net income – continuing operations 2019 5 639 |
| EDF net income – discontinued operations | EDF net income – discontinued operations 2020 (154) | EDF net income – discontinued operations 2019 (484) |
| Net income attributable to non-controlling interests | Net income attributable to non-controlling interests 2020 (35) | Net income attributable to non-controlling interests 2019 27 |
| Net income attributable to non-controlling interests – continuing operations | Net income attributable to non-controlling interests – continuing operations 2020 (31) | Net income attributable to non-controlling interests – continuing operations 2019 40 |
| Net income attributable to non-controlling interests – discontinued operations | Net income attributable to non-controlling interests – discontinued operations 2020 (4) | Net income attributable to non-controlling interests – discontinued operations 2019 (13) |
(1) The published figures for 2019 have been restated for the impact of the change in the scope of the E&P disposal (see note 1.4.2 to the 2020 consolidated financial statements).
(2) Other external expenses are reported net of capitalised production costs.
(3) Including net increases in provisions for renewal of property, plant and equipment operated under concessions.
(1) Estimated data. See note 1.4 “Comparability (including the effect of the Covid-19 pandemic)” in the Group’s audited financial statements at 31/12/2020.
