Investor Presentaiton
Income Statement
(NIS millions)
(NIS millions)
Revenues
12/31/2021
22,150
For the period:
09/30/2021
חברת החשמל
Israel Electric
09/30/2022
17,268
17,906
Cost of operating the electricity system
Fuels
5,875
4,212
7,158
Purchases of electricity
6,872
5,488
4,681
Operation of the generation system
4,086
3,109
3,082
Operation of the transmission and distribution system and others
2,740
2,064
2,130
Total costs
19,573
14,873
17,051
Profit from operating the electricity system
2,577
2,395
855
Other expenses (revenues), net
Sales and marketing expenses
Administrative and general expenses
Income from liabilities to pensioners
Reform agreement and other agreements results
Profit from current operations
Financial expenses, net
Loss before income taxes
Income from taxes on income
Loss after income taxes
Company's share of the profit (loss) of asociated companies
Loss before regulatory deferral accounts
15
2
(1,390)
853
632
603
782
547
630
(47)
(46)
(112)
348
235
168
626
1,025
956
1,912
(1,286)
(266)
(1,020)
1,472
1,165
(447)
(209)
(92)
(41)
(355)
(168)
(9)
(9)
2
(1,029)
(364)
(166)
Movement in regulatory deferral accounts balances, net of tax
Profit for the period
2,314
1,465
2,547
1,285
1,101
2,381
Profit (loss) with respect to cash flow hedging, net of tax
(74)
39
23
Remeasurement of a defined benefit plan, net of tax
776
1,194
1,602
Movement in balances of regulatory deferral accounts balances, net
110
83
(208)
Other Comprehensive profit for the period, net of tax
812
1,316
1,417
Comprehensive income for the period
Source: IEC's Financial Statements for 9M.2022
Investor Relations
38
2,097
2,417
3,798View entire presentation