Investor Presentaiton
Income Statement
(NIS millions)
(NIS millions)
Revenues
12/31/2021
22,150
חברת החשמל
For the period
06/30/2021
Israel Electric
06/30/2022
10,026
10,581
Cost of operating the electricity system
Fuels
5,875
2,227
4,227
Purchases of electricity
6,872
3,284
2,868
Operation of the generation system
4,086
2,119
2,026
Operation of the transmission and distribution system and others
2,740
1,377
1,406
Total costs
19,573
9,007
10,527
Profit from operating the electricity system
2,577
1,019
54
Other expenses (revenues), net
15
(2)
(1,378)
Sales and marketing expenses
853
436
397
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
782
365
419
(47)
(30)
(70)
348
147
135
626
103
551
1,912
920
750
(1,286)
(817)
(199)
(266)
(186)
(41)
(1,020)
(631)
(158)
(9)
(9)
2
(1,029)
(640)
(156)
Movement in regulatory deferral accounts balances, net of tax
Profit for the period
2,314
692
1,016
1,285
52
860
Profit (loss) with respect to cash flow hedging, net of tax
Remeasurement of a defined benefit plan, net of tax
(74)
15
58
776
645
737
Movement in balances of regulatory deferral accounts balances, r
110
8
(145)
Other Comprehensive profit for the period, net of tax
812
668
650
Comprehensive income for the period
Source: IEC's Financial Statements for H1.2022
Investor Relations
38
2,097
720
1,510View entire presentation