ENDESA, S.A.

and Subsidiaries

Quarterly Report for the period

January-September 2019

(Translation from the original issued in Spanish. In the event of discrepancy, the Spanish-language

version prevails)

Madrid, 5 November 2019

  • Consolidated Financial Statements for the period January-September 2019.
  • Consolidated Management Report for the period January-September 2019.

.

ENDESA, S.A.

and

Subsidiaries

Consolidated

Financial Statements

for the period

January - September 2019

,

ENDESA, S.A. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF FINANCIAL POSITION

AT 30 SEPTEMBER 2019 AND 31 DECEMBER 2018

Millions of Euros

30 September

31 December

2019

2018

Difference

% Var.

(1)

(2)

ASSETS

NON-CURRENT ASSETS

26,005

26,001

4

0.0

Property, Plant and Equipment

21,469

21,840

(371)

(1.7)

Investment Property

62

62

-

-

Intangible Assets

1,322

1,355

(33)

(2.4)

Goodwill

465

479

(14)

(2.9)

Investments Accounted for using the Equity Method

237

249

(12)

(4.8)

Non-Current Financial Assets

924

858

66

7.7

Deferred Tax Assets

1,526

1,158

368

31.8

CURRENT ASSETS

5,953

5,655

298

5.3

Inventories

1,055

1,473

(418)

(28.4)

Trade and other Receivables

3,037

2,955

82

2.8

Current Financial Assets

1,424

983

441

44.9

Cash and Cash Equivalents

437

244

193

79.1

Non-Current Assets Held for Sale and Discontinued Operations

-

-

-

n/a

TOTAL ASSETS

31,958

31,656

302

1.0

EQUITY AND LIABILITIES

EQUITY

8,490

9,181

(691)

(7.5)

Of the Parent Company

8,336

9,037

(701)

(7.8)

Of non-Controlling Interests

154

144

10

6.9

NON-CURRENT LIABILITIES

15,825

14,781

1,044

7.1

Deferred Income

4,521

4,587

(66)

(1.4)

Non-Current Provisions

3,808

3,325

483

14.5

Non-CurrentInterest-Bearing Loans and Borrowings

5,616

4,975

641

12.9

Other non-Current Liabilities

748

757

(9)

(1.2)

Deferred Tax Liabilities

1,132

1,137

(5)

(0.4)

CURRENT LIABILITIES

7,643

7,694

(51)

(0.7)

Current Interest-Bearing Loans and Borrowings

2,054

1,046

1,008

96.4

Current Provisions

474

571

(97)

(17.0)

Trade Payables and other Current Liabilities

5,115

6,077

(962)

(15.8)

Liabilities Associated with non-Current Assets classified as Held for

-

-

-

n/a

Sale and Discontinued Operations

TOTAL EQUITY AND LIABILITIES

31,958

31,656

302

1.0

(1)

Unaudited

(2)

Audited

1

,

ENDESA S.A. AND SUBSIDIARIES

CONSOLIDATED INCOME STATEMENTS

FOR THE PERIODS JANUARY - SEPTEMBER 2019 AND 2018

Millions of Euros

January - September

January - September

2019

2018

Difference

% Var.

(1)

(1)

INCOME

14,805

15,353

(548)

(3.6)

Revenue

14,285

14,650

(365)

(2.5)

Other Operating Revenues

520

703

(183)

(26.0)

PROCUREMENTS AND SERVICES

(10,415)

(11,082)

(667)

(6.0)

Energy Purchases

(3,576)

(3,601)

(25)

(0.7)

Fuel Consumption

(1,364)

(1,627)

(263)

(16.2)

Transmission Expenses

(3,989)

(4,156)

(167)

(4.0)

Other Variable Procurements and Services

(1,486)

(1,698)

(212)

(12.5)

CONTRIBUTION MARGIN

4,390

4,271

119

2.8

Self-Constructed Assets

165

145

20

13.8

Personnel Expenses

(759)

(704)

55

7.8

Other Fixed Operating Expenses

(898)

(921)

(23)

(2.5)

GROSS PROFIT FROM OPERATIONS (EBITDA)

2,898

2,791

107

3.8

Depreciation and Amortisation, and Impairment Losses

(2,563)

(1,147)

1,416

123.5

PROFIT FROM OPERATIONS (EBIT)

335

1,644

(1,309)

(79.6)

NET FINANCIAL PROFIT / (LOSS)

(139)

(106)

(33)

31.1

Financial Income

25

29

(4)

(13.8)

Financial Expense

(163)

(133)

30

22.6

Net Exchange Differences

(1)

(2)

1

(50.0)

Net Profit / (Loss) of Companies Accounted for using the Equity Method

16

28

(12)

(42.9)

Gains / (Losses) from other Investments

-

-

-

n/a

Gains / (Losses) on Disposal of Assets

(14)

(27)

13

(48.1)

PROFIT / (LOSS) BEFORE TAX

198

1,539

(1,341)

(87.1)

Income Tax Expense

(14)

(340)

(326)

(95.9)

PROFIT AFTER TAX FOR THE PERIOD FROM CONTINUING

184

1,199

(1,015)

(84.7)

OPERATIONS

PROFIT AFTER TAX FOR THE PERIOD FROM DISCONTINUED

-

-

-

n/a

OPERATIONS

PROFIT FOR THE PERIOD

184

1,199

(1,015)

(84.7)

Parent Company

176

1,193

(1,017)

(85.2)

Non-Controlling Interests

8

6

2

33.3

(1) Unaudited

2

This is an excerpt of the original content. To continue reading it, access the original document here.

Attachments

  • Original document
  • Permalink

Disclaimer

Endesa SA published this content on 05 November 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 November 2019 12:39:01 UTC