Investor Presentation
Net Profit -2% YoY benefitting from improved financial results and lower minority
interests; net non-recurring items at zero in 9M21
edp
Recurring Net Profit (1)
€m
EBITDA
D&A and
Provisions
EBIT
ΔΥΟΥ
Reported Net Profit
€m
2,511
-17
1,104
-55
1,408
-72
Net Financial Costs
396
+52
Income Taxes
-248
-16
Extraordinary Energy Tax
52
52
+4
422
+21% YoY
510
9M20
9M21
Non-recurring
€99m
Non-controlling interests
-201
+21
items
-2% YoY
Net Profit
510
-11
Recurring (1)
€522m
€510m
(1) Adjustments and non-recurring items impact at net profit level: -€99m in 9M20 including the adjustment for the net profit contribution of 6 hydro plants in Portugal (-€66M); CCGT and B2C supply sold in December 2020 (-€18m),
early shutdown of Sines (-€89m); CMEC overcompensation (+€50m) and one-off liability management cost (-€45m); no impacts in 9M21 including the net gain from CIDE disposal and acquisition of debt in minority stake in Spain are
offset by curtailment costs in Spain, Provision on competition authority penalty and buyback prepayment fees.
Investor presentation
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