| (in € millions) | 2022 | 2021 |
|---|---|---|
| Gain/(loss) on capital transactions | Gain/(loss) on capital transactions 2022 – |
Gain/(loss) on capital transactions 2021 – |
| Income/(expense) relating to operations | Income/(expense) relating to operations 2022 (1) |
Income/(expense) relating to operations 2021 1 |
| Exceptional provisions | Exceptional provisions 2022 (38) |
Exceptional provisions 2021 (1) |
| Net exceptional income/(expense) | Net exceptional income/(expense) 2022 (39) |
Net exceptional income/(expense) 2021 – |
Exceptional provisions mainly relate to impairment losses on certain investments in subsidiaries and affiliates and provisions for negative net worth of certain subsidiaries.
Under the group tax regime agreement between VINCI SA and those subsidiaries that are members of the tax group, tax savings made by the tax group connected with the tax losses of some subsidiaries are recognised by the parent company as income for the period.
Provisions for tax taken and reversed are recorded here.
The line item “Income tax expense” records income and expense connected with the group tax regime of which VINCI is the lead company.
There was net tax income of €99 million in 2022, compared with €133 million in 2021.
Tax income in respect of 2022 received from subsidiaries that are members of the tax group amounted to €1,065 million (€1,039 million in 2021) and the tax expense due by VINCI was €978 million (€895 million in 2021).
Balance sheet items at 31 December 2022 in respect of related companies break down as follows:
| (in € millions) | |
|---|---|
| Assets | Assets
|
| Non-current assets | Non-current assets
|
| Investments in subsidiaries and affiliates | Investments in subsidiaries and affiliates
26,311 |
| Receivables connected with investments in subsidiaries and affiliates | Receivables connected with investments in subsidiaries and affiliates
12,055 |
| Current assets | Current assets
|
| Trade receivables and related accounts | Trade receivables and related accounts
491 |
| Other receivables | Other receivables
87 |
| Cash management current accounts of related companies | Cash management current accounts of related companies
463 |
| Equity and liabilities | Equity and liabilities
|
| Borrowings and financial debt | Borrowings and financial debt
|
| Other liabilities related to investments in subsidiaries and affiliates | Other liabilities related to investments in subsidiaries and affiliates
|
| Cash management current accounts of related companies | Cash management current accounts of related companies
4,495 |
| Trade and other operating payables | Trade and other operating payables
|
| Liabilities related to non-current assets and related accounts | Liabilities related to non-current assets and related accounts
50 |
| Trade payables and related accounts | Trade payables and related accounts
7 |
| Other payables | Other payables
|
