Consolidated income statement

T€

Notes

2024

2023

Revenue

(1)

17,422,219

17,666,540

Changes in inventories

213,014

151,938

Own work capitalised

8,156

9,747

Other operating income

(2)

258,645

302,314

Construction materials, consumables and services used

(3)

-10,463,013

-11,275,080

Employee benefits expense

(4)

-4,905,497

-4,540,895

Other operating expense

(5)

-1,115,284

-1,086,601

Share of profit or loss of equity-accounted investments

(6)

148,715

144,132

Net income from investments

(7)

77,227

46,218

EBITDA

1,644,182

1,418,313

Depreciation and amortisation expense

(8)

-582,292

-538,116

EBIT

1,061,890

880,197

Interest and similar income

144,845

119,194

Interest expense and similar charges

-69,429

-75,068

Net interest income

(9)

75,416

44,126

EBT

1,137,306

924,323

Income tax expense

(10)

-308,973

-290,929

Net income

828,333

633,394

attributable to: non-controlling interests

5,329

2,886

attributable to: equity holders of the parent (consolidated profit)

823,004

630,508

Earnings per share (€)

(11)

7.35

6.30