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Consolidated Income Statements - EUR (€)
€ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Profit or loss [abstract]      
Revenues € 39,993 € 39,277 € 43,076
Other income 2,065 12,673 1,587
Supplies (12,941) (12,258) (13,014)
Personnel expenses (5,524) (6,733) (5,280)
Other expenses (10,741) (10,976) (12,871)
Depreciation and amortization (8,796) (8,397) (9,359)
OPERATING INCOME 4,056 13,586 4,139
Share of income (loss) of investments accounted for by the equity method 217 (127) 2
Finance income 1,803 614 677
Exchange gains 2,910 2,801 3,847
Finance costs (3,030) (2,028) (2,417)
Exchange losses (2,996) (2,751) (3,665)
Net financial expense (1,313) (1,364) (1,558)
PROFIT BEFORE TAX 2,960 12,095 2,583
Corporate income tax (641) (1,378) (626)
PROFIT FOR THE YEAR 2,319 10,717 1,957
Attributable to equity holders of the parent 2,011 8,137 1,582
Attributable to non-controlling interests € 308 € 2,580 € 375
Basic earnings per share (in euros per share) € 0.31 € 1.34 € 0.22
Diluted earnings per share (in euros per share) € 0.31 € 1.34 € 0.22