CORPORACIÓN ACCIONA ENERGÍAS RENOVABLES, S.A.

Income Statement Corporación Acciona Energías Renovables, S.A.

Stocks

ANE

ES0105563003

Electric Utilities

Market Closed - BME Other stock markets 16:35:02 11/06/2026 BST			After hours 17:12:28
21.42 ^EUR	-1.11%		21.46	+0.19%

07:03am	Spanish stocks - Factors to watch on June 11	RE
06-08	Spanish stocks - Factors to watch on June 8	RE

72be4863.Z6Gqs4oMPmlqpw4nxkRf7pq3h9iv_EZ1csUVe3d19iA.LIyc-ulVCFtcyGd09wBnoOmA3pblkj8cIPZbP1oEkmozzsTk6yEPKD7fXw

Published financial data: CORPORACIÓN ACCIONA ENERGÍAS RENOVABLES, S.A.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues - (Utility Template)	2.47B	4.35B	3.55B	3.05B	2.92B
Other Revenues, Total	247M	343M	435M	848M	1.18B
Total Revenues	2.72B	4.69B	3.98B	3.9B	4.1B
Operations And Maintenance	141M	200M	123M	123M	146M
Selling General & Admin Expenses, Total	-	-	1.9M	1.6M	3M
Depreciation & Amortization - (IS) - (Collected)	381M	434M	491M	559M	560M
Other Operating Expenses	1.57B	2.93B	2.53B	2.64B	2.42B
Total Operating Expenses	2.09B	3.57B	3.14B	3.33B	3.12B
Operating Income (REIT / Utility Template)	629M	1.13B	838M	568M	981M
Interest Expense, Total	-99.74M	-91M	-129M	-165M	-159M
Interest and Investment Income	592K	2M	5M	6M	11M
Net Interest Expenses	-99.15M	-89M	-124M	-159M	-148M
Income (Loss) on Equity Invest.	62.69M	110M	81M	-10M	-1M
Currency Exchange Gains (Loss)	9.64M	20M	5M	-25M	7M
Other Non Operating Income (Expenses)	-37.86M	-99M	-14M	-25M	-70M
EBT, Excl. Unusual Items	564M	1.07B	786M	349M	769M
Impairment of Goodwill	-	-	-	-	-8M
Gain (Loss) on Sale of Investments	-508K	-	-	-1M	-
Gain (Loss) on Sale of Assets	1.14M	9M	1M	-	-4M
Asset Writedown	-2.2M	-21M	-11M	134M	-22M
EBT, Incl. Unusual Items	562M	1.06B	776M	482M	735M
Income Tax Expense	170M	262M	209M	95M	43M
Earnings From Continuing Operations	393M	795M	567M	387M	692M
Net Income to Company	393M	795M	567M	387M	692M
Minority Interest	-29.7M	-36M	-43M	-30M	-37M
Net Income - (IS)	363M	759M	524M	357M	655M
Net Income to Common Incl Extra Items	363M	759M	524M	357M	655M
Net Income to Common Excl. Extra Items	363M	759M	524M	357M	655M
Per Share Items
Net EPS - Basic	1.1	2.31	1.6	1.1	2.02
Basic EPS - Continuing Operations	1.1	2.31	1.6	1.1	2.02
Basic Weighted Average Shares Outstanding	329M	329M	327M	324M	325M
Net EPS - Diluted	1.1	2.3	1.6	1.1	2
Diluted EPS - Continuing Operations	1.1	2.3	1.6	1.1	2
Diluted Weighted Average Shares Outstanding	329M	329M	327M	324M	325M
Normalized Basic EPS	0.98	1.92	1.37	0.58	1.37
Normalized Diluted EPS	0.98	1.92	1.37	0.58	1.37
Dividend Per Share	0.28	0.7	0.49	0.44	0.03
Payout Ratio	71.98	12.12	54.58	44.26	21.83
American Depositary Receipts Ratio (ADR)	0.5	0.5	0.5	0.5	0.5
Supplemental Items
Utility Revenues	1.51B	2.24B	2.03B	1.72B	1.64B
Non Utility Revenues	1.22B	2.45B	1.96B	2.19B	2.48B
EBITDA	979M	1.52B	1.28B	1.08B	1.48B
EBITA	639M	1.15B	867M	600M	1.01B
EBIT	629M	1.13B	838M	568M	981M
EBITDAR	-	-	1.29B	1.08B	1.48B
Effective Tax Rate - (Ratio)	30.16	24.79	26.93	19.71	5.85
Total Current Taxes	145M	366M	213M	128M	47M
Total Deferred Taxes	24.58M	-104M	-4M	-33M	-4M
Normalized Net Income	323M	632M	448M	188M	444M
Interest Capitalized	5.84M	10M	66M	108M	103M
Non-Cash Pension Expense	8K	0	400K	500K	3M
Supplemental Operating Expense Items
Net Rental Expense, Total	-	-	1.9M	1.6M	3M
Imputed Operating Lease Interest Expense	-	-	741K	670K	1.2M
Imputed Operating Lease Depreciation	-	-	1.16M	930K	1.8M
Maintenance & Repair Expenses, Total	141M	200M	123M	123M	146M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	625M	612M	736M	495M	426M
Short Term Investments - (Utility / Insurance Templates)	80.87M	123M	89M	46M	39M
Trading Asset Securities, Total	-	-	-	-	-
Accounts Receivable, Total	514M	479M	743M	456M	433M
Other Receivables	250M	189M	183M	181M	123M
Accounts Receivable (Summary Subtotal)	765M	668M	926M	637M	556M
Inventory - (Utility Template)	125M	148M	175M	200M	206M
Notes Receivable (Collected)	699K	79M	90M	176M	159M
Other Current Assets, Total	146M	203M	455M	1.15B	877M
Total Current Assets	1.74B	1.83B	2.47B	2.71B	2.26B
Gross Property Plant And Equipment	13.38B	13.95B	15.59B	16.15B	15.92B
Accumulated Depreciation	-6.14B	-6.62B	-7.3B	-7.04B	-7.08B
Net Property Plant And Equipment	7.24B	7.33B	8.29B	9.11B	8.83B
Goodwill	-	-	13M	13M	-
Other Intangibles, Total	136M	229M	219M	193M	172M
Long-Term Investments - (Utility Template)	321M	426M	319M	297M	322M
Accounts Receivable Long-Term	-	-	-	-	-
Loans Receivable Long-Term - (Utility Template)	22.53M	29M	37M	81M	100M
Deferred Tax Assets Long-Term (Collected)	411M	509M	564M	856M	853M
Other Long-Term Assets, Total	784M	1.91B	2.76B	2.99B	2.17B
Total Assets	10.65B	12.26B	14.67B	16.24B	14.72B
Liabilities
Accounts Payable, Total	151M	52M	77M	438M	408M
Accrued Expenses, Total	120M	112M	125M	122M	105M
Current Portion of Long-Term Debt	611M	665M	268M	642M	622M
Current Portion of Leases	22.85M	16M	19M	18M	21M
Current Income Taxes Payable	14.4M	42M	13M	13M	20M
Other Current Liabilities - (Bank / Utility Template)	855M	1.52B	1.74B	1.88B	609M
Total Current Liabilities	1.77B	2.41B	2.24B	3.11B	1.78B
Long-Term Debt	1.98B	1.97B	4.18B	4.17B	3.96B
Long-Term Leases	384M	388M	495M	538M	516M
Unearned Revenue Non Current	114M	114M	189M	262M	342M
Pension & Other Post Retirement Benefits	4.31M	5M	6M	6M	8M
Deferred Tax Liability Non-Current	694M	767M	797M	911M	795M
Other Non Current Liabilities, Total	345M	341M	433M	1.01B	1.13B
Total Liabilities	5.3B	6B	8.33B	10.01B	8.54B
Common Stock, Total	329M	329M	329M	325M	325M
Additional Paid In Capital	2.6B	-	2.6B	2.6B	2.6B
Retained Earnings	1.73B	759M	2.35B	2.13B	2.62B
Treasury Stock	-	-4M	-69M	-9M	-4M
Comprehensive Income and Other	320M	4.79B	637M	798M	297M
Total Common Equity	4.98B	5.87B	5.85B	5.84B	5.84B
Minority Interest	379M	391M	489M	394M	347M
Total Equity	5.35B	6.26B	6.34B	6.24B	6.18B
Total Liabilities And Equity	10.65B	12.26B	14.67B	16.24B	14.72B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	329M	329M	327M	324M	325M
ECS Total Common Shares Outstanding	329M	329M	327M	324M	325M
Book Value / Share	15.11	17.84	17.91	18.01	17.98
Tangible Book Value	4.84B	5.64B	5.62B	5.64B	5.66B
Tangible Book Value Per Share	14.7	17.14	17.2	17.38	17.45
Total Debt	3B	3.04B	4.96B	5.37B	5.12B
Net Debt	2.3B	2.31B	4.13B	4.83B	4.66B
Debt Equivalent of Unfunded Proj. Benefit Obligation	686K	2M	2M	2M	-
Debt Equivalent Oper. Leases	-	-	15.2M	12.8M	24M
Minority Interest, Total (Incl. Fin. Div)	379M	391M	489M	394M	347M
Equity Method Investments, Total	302M	423M	289M	253M	238M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	144M	163M	194M	219M	228M
Inventories - Others	10.44M	18M	19M	16M	13M
Land - (BS)	249M	250M	254M	254M	262M
Machinery, Total	12.63B	13.16B	14.66B	15.2B	14.96B
Full Time Employees	1.76K	2.36K	3.1K	3.22K	3.13K
Accumulated Allowance for Doubtful Accounts (Supple)	9.93M	13M	24M	36M	37M

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	363M	759M	524M	357M	655M
Depreciation, Depletion & Amortization	366M	395M	443M	504M	499M
Amortization of Goodwill and Intangible Assets - (CF)	10.18M	25M	29M	32M	31M
Total Depreciation, Depletion & Amortization	376M	420M	472M	536M	530M
(Gain) Loss On Sale of Asset - (CF)	-1.14M	-26M	-133M	-84M	-697M
Total Asset Writedown	2.2M	21M	11M	-134M	30M
(Income) Loss On Equity Investments - (CF)	-62.69M	-110M	-81M	10M	1M
Provision and Write-off of Bad Debts	480K	3M	11M	13M	3M
Change In Inventories	-16.25M	-13M	6M	-10M	14M
Change in Other Net Operating Assets (Collected)	-23.53M	186M	-369M	157M	-71M
Other Operating Activities	227M	97M	-77M	-164M	-82M
Cash from Operations	866M	1.34B	364M	681M	383M
Capital Expenditure	-721M	-1.12B	-1.91B	-1.63B	-979M
Sale of Property, Plant, and Equipment	1.9M	1M	-	2M	2M
Cash Acquisitions	-16.55M	-148M	9M	-89M	-260M
Divestitures	28.56M	31M	-	266M	1.65B
Other Investing Activities, Total	-	-	-	-	-
Cash from Investing	-707M	-1.24B	-1.9B	-1.45B	412M
Long-Term Debt Issued, Total	1.65B	2.38B	4.18B	1.28B	2.49B
Total Debt Issued	1.65B	2.38B	4.18B	1.28B	2.49B
Long-Term Debt Repaid, Total	-1.34B	-2.39B	-2.28B	-792M	-3.16B
Total Debt Repaid	-1.34B	-2.39B	-2.28B	-792M	-3.16B
Common Dividends Paid	-261M	-92M	-286M	-158M	-143M
Common & Preferred Stock Dividends Paid	-261M	-92M	-286M	-158M	-143M
Other Financing Activities, Total	-56.18M	-18M	51M	197M	-25M
Cash from Financing	-7.8M	-114M	1.66B	522M	-843M
Foreign Exchange Rate Adjustments	6.81M	5M	-4M	7M	-21M
Net Change in Cash	157M	-13M	124M	-241M	-69M
Supplemental Items
Cash Income Tax Paid (Refund)	12.64M	312M	282M	211M	66M
Net Debt Issued / Repaid	310M	-4M	1.9B	483M	-675M
Levered Free Cash Flow	-417M	470M	-1.32B	-868M	-875M
Unlevered Free Cash Flow	-354M	526M	-1.24B	-765M	-776M
Change In Net Working Capital	402M	-527M	327M	26M	940M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	3.85	6.15	3.89	2.3	3.96
Return on Total Capital	4.96	7.98	5.09	3.1	5.35
Return On Equity %	9.42	13.69	9	6.21	11.14
Return on Common Equity	9.57	14	8.94	6.11	11.22
Margin Analysis
Gross Profit Margin %	55.58	48.74	52.31	52.21	59.2
SG&A Margin	5.51	4.47	6.48	7.02	6.72
EBITDA Margin %	36	32.38	32.25	27.62	36.08
EBITA Margin %	23.49	24.54	21.77	15.4	24.65
EBIT Margin %	23.12	24.01	21.04	14.58	23.9
Income From Continuing Operations Margin %	14.44	16.94	14.24	9.93	16.86
Net Income Margin %	13.35	16.17	13.16	9.16	15.96
Net Avail. For Common Margin %	13.35	16.17	13.16	9.16	15.96
Normalized Net Income Margin	11.87	13.47	11.26	4.83	10.81
Levered Free Cash Flow Margin	-15.32	10	-33.12	-22.28	-21.32
Unlevered Free Cash Flow Margin	-13.03	11.21	-31.1	-19.64	-18.9
Asset Turnover
Asset Turnover	0.27	0.41	0.3	0.25	0.27
Fixed Assets Turnover	0.39	0.64	0.51	0.45	0.46
Receivables Turnover (Average Receivables)	5.34	9.44	5.81	5.08	6.58
Inventory Turnover (Average Inventory)	10.3	17.63	11.76	9.93	8.25
Short Term Liquidity
Current Ratio	0.98	0.76	1.1	0.87	1.27
Quick Ratio	0.83	0.58	0.78	0.38	0.57
Operating Cash Flow to Current Liabilities	0.49	0.55	0.16	0.22	0.21
Days Sales Outstanding (Average Receivables)	68.35	38.67	62.87	71.99	55.47
Days Outstanding Inventory (Average Inventory)	35.44	20.71	31.04	36.86	44.24
Average Days Payable Outstanding	36.7	15.25	12.22	90.58	91.85
Cash Conversion Cycle (Average Days)	67.09	44.13	81.69	18.26	7.86
Long Term Solvency
Total Debt/Equity	56.06	48.57	78.2	86.05	82.82
Total Debt / Total Capital	35.92	32.69	43.88	46.25	45.3
LT Debt/Equity	44.23	37.69	73.67	75.47	72.42
Long-Term Debt / Total Capital	28.34	25.37	41.34	40.56	39.61
Total Liabilities / Total Assets	49.74	48.93	56.8	61.6	57.99
EBIT / Interest Expense	6.3	12.38	6.5	3.44	6.17
EBITDA / Interest Expense	10.08	17	10.16	6.69	9.5
(EBITDA - Capex) / Interest Expense	2.84	4.64	-4.63	-3.19	3.35
Total Debt / EBITDA	2.99	1.97	3.78	4.86	3.39
Net Debt / EBITDA	2.28	1.49	3.15	4.37	3.08
Total Debt / (EBITDA - Capex)	10.59	7.21	-8.3	-10.2	9.63
Net Debt / (EBITDA - Capex)	8.1	5.46	-6.92	-9.17	8.75
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	16.91	72.32	-15.08	-2.16	5.36
Gross Profit, 1 Yr. Growth %	17.09	50.82	-8.76	-2.35	19.47
EBITDA, 1 Yr. Growth %	36.29	54.47	-15.25	-16.2	37.64
EBITA, 1 Yr. Growth %	56.85	78.88	-24.41	-30.8	68.67
EBIT, 1 Yr. Growth %	58.44	77.76	-25.31	-32.22	72.71
Earnings From Cont. Operations, 1 Yr. Growth %	70.6	102.29	-28.68	-31.75	78.81
Net Income, 1 Yr. Growth %	76.63	109.09	-30.96	-31.87	83.47
Diluted EPS Before Extra, 1 Yr. Growth %	77.42	109.09	-30.43	-31.25	81.82
Normalized Net Income, 1 Yr. Growth %	151.45	95.63	-29.09	-58.03	135.81
Net Property, Plant and Equip., 1 Yr. Growth %	8.79	1.24	13.16	9.89	-3.03
Inventory, 1 Yr. Growth %	14.42	18.4	18.24	14.29	3
Accounts Receivable, 1 Yr. Growth %	25.01	8.13	55.11	-38.63	-5.04
Total Assets, 1 Yr. Growth %	9.29	15.06	19.68	10.71	-9.39
Tangible Book Value, 1 Yr. Growth %	94.98	16.57	-0.41	0.34	0.48
Cash From Operations, 1 Yr. Growth %	113.32	54.57	-72.77	87.09	-43.76
Capital Expenditures, 1 Yr. Growth %	46.3	56.03	69.51	-14.53	-39.94
Levered Free Cash Flow, 1 Yr. Growth %	-206.04	-217.87	-382.41	-33.93	0.82
Unlevered Free Cash Flow, 1 Yr. Growth %	-178.97	-250.31	-336.65	-37.97	1.42
Dividend Per Share, 1 Yr. Growth %	-	149.9	-30.4	-9.65	-93.18
Common Equity, 1 Yr. Growth %	90.43	17.99	-0.34	-0.12	-0.12
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	4.91	42.06	20.91	-8.85	1.53
Gross Profit, 2 Yr. CAGR %	7.31	33.13	17.18	-5.61	8.01
EBITDA, 2 Yr. CAGR %	6.65	45.48	14.23	-15.72	7.4
EBITA, 2 Yr. CAGR %	15.13	68.19	16.03	-27.67	8.04
EBIT, 2 Yr. CAGR %	15.44	68.54	14.97	-28.85	8.2
Earnings From Cont. Operations, 2 Yr. CAGR %	35.38	85.84	20.11	-30.23	10.47
Net Income, 2 Yr. CAGR %	38.35	92.17	20.15	-31.42	11.8
Diluted EPS Before Extra, 2 Yr. CAGR %	38.19	92.61	20.6	-30.84	11.8
Normalized Net Income, 2 Yr. CAGR %	43.21	121.92	17.78	-45.45	-0.52
Net Property, Plant and Equip., 2 Yr. CAGR %	5.05	4.95	7.04	11.51	3.23
Inventory, 2 Yr. CAGR %	2.23	16.32	18.32	16.25	8.5
Accounts Receivable, 2 Yr. CAGR %	18.65	7.88	29.51	-2.43	-23.66
Total Assets, 2 Yr. CAGR %	7.42	12.14	17.35	15.11	0.16
Common Equity, 2 Yr. CAGR %	36.07	49.89	8.44	-0.23	-0.12
Tangible Book Value, 2 Yr. CAGR %	38.01	50.76	7.75	-0.04	0.41
Cash From Operations, 2 Yr. CAGR %	11.55	81.48	-35.13	-28.63	2.58
Capital Expenditures, 2 Yr. CAGR %	26.37	51.05	62.63	20.37	-28.35
Levered Free Cash Flow, 2 Yr. CAGR %	-4.21	9.31	81.96	36.34	-18.38
Unlevered Free Cash Flow, 2 Yr. CAGR %	-17.04	8.31	88.04	20.91	-20.68
Dividend Per Share, 2 Yr. CAGR %	-	-	31.88	-20.7	-75.19
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	3.48	23.85	19.63	12.67	-4.34
Gross Profit, 3 Yr. CAGR %	5.96	20.35	17.29	10.27	2.1
EBITDA, 3 Yr. CAGR %	7.96	20.88	21.37	3.02	-0.75
EBITA, 3 Yr. CAGR %	16.58	33.71	28.64	-2.33	-4.09
EBIT, 3 Yr. CAGR %	16.87	33.69	28.31	-3.6	-4.38
Earnings From Cont. Operations, 3 Yr. CAGR %	36.7	54.8	35.05	-0.51	-4.52
Net Income, 3 Yr. CAGR %	39.37	58.76	36.61	-0.55	-4.79
Diluted EPS Before Extra, 3 Yr. CAGR %	40.1	58.64	37.16	0	-4.55
Normalized Net Income, 3 Yr. CAGR %	42.39	58.96	51.72	-16.5	-11.13
Net Property, Plant and Equip., 3 Yr. CAGR %	6.09	3.77	7.62	7.98	6.44
Inventory, 3 Yr. CAGR %	3.65	7.31	16.95	16.96	11.65
Accounts Receivable, 3 Yr. CAGR %	24.67	9.44	21.76	0.97	-3.31
Total Assets, 3 Yr. CAGR %	7.51	9.91	14.6	15.1	6.28
Common Equity, 3 Yr. CAGR %	24.48	29.75	30.82	5.51	-0.19
Tangible Book Value, 3 Yr. CAGR %	25.96	30.46	31.3	5.22	0.14
Cash From Operations, 3 Yr. CAGR %	14.16	24.32	-3.57	-7.66	-34.08
Capital Expenditures, 3 Yr. CAGR %	13.71	35.55	56.97	31.25	-4.53
Levered Free Cash Flow, 3 Yr. CAGR %	-23.83	1.12	49.73	29.65	23.29
Unlevered Free Cash Flow, 3 Yr. CAGR %	-29.38	0.74	40.27	29.75	14.03
Dividend Per Share, 3 Yr. CAGR %	-	-	-	16.26	-65
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	16.93	10.16	9.54	12.03
Gross Profit, 5 Yr. CAGR %	-	13.25	10.39	9.16	13.49
EBITDA, 5 Yr. CAGR %	-	15.72	10.54	4.57	15.58
EBITA, 5 Yr. CAGR %	-	27.39	16.55	4.48	19.97
EBIT, 5 Yr. CAGR %	-	27.72	16.31	3.79	19.85
Earnings From Cont. Operations, 5 Yr. CAGR %	-	51.49	29.82	12.55	24.62
Net Income, 5 Yr. CAGR %	-	58.14	31.34	13.48	26.09
Diluted EPS Before Extra, 5 Yr. CAGR %	-	62.98	31.95	13.81	26.39
Normalized Net Income, 5 Yr. CAGR %	-	53.01	32.02	3.64	28.15
Net Property, Plant and Equip., 5 Yr. CAGR %	-	4.54	6.47	6.8	5.84
Inventory, 5 Yr. CAGR %	-	4.3	9.26	10.8	13.49
Accounts Receivable, 5 Yr. CAGR %	-	13.03	22.85	4.53	1.02
Total Assets, 5 Yr. CAGR %	-	5.43	11.34	11.96	8.59
Common Equity, 5 Yr. CAGR %	-	18.75	17.79	16.81	17.44
Tangible Book Value, 5 Yr. CAGR %	-	19.39	18.33	17.28	17.94
Cash From Operations, 5 Yr. CAGR %	-	26.23	-8.96	-0.43	-1.16
Capital Expenditures, 5 Yr. CAGR %	-	24.23	31.2	29.26	14.7
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	6.95	13.84	17.37
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	4.24	8.24	11.58