| (in € millions) | 2024 | 2023 |
|---|---|---|
| Gain/(loss) on capital transactions | Gain/(loss) on capital transactions 20243 |
Gain/(loss) on capital transactions 2023 (0) |
| Income/(expense) relating to operations | Income/(expense) relating to operations 20241 |
Income/(expense) relating to operations 2023 (0) |
| Exceptional provisions | Exceptional provisions 2024(9) |
Exceptional provisions 2023 (3) |
| Net exceptional income/(expense) | Net exceptional income/(expense)2024(6) | Net exceptional income/(expense) 2023 (3) |
Net exceptional expense mainly concerns provisions for negative net worth in relation to certain subsidiaries.
Accounting policies and methods
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 SA is the lead company.
The group tax regime produced net tax income of €129 million for VINCI SA in 2024, compared with €79 million in 2023. Tax income in respect of 2024 received by VINCI SA from subsidiaries that are members of the tax group amounted to €1,143 million (€1,096 million in 2023) and the tax expense due by the VINCI tax group was €1,015 million (€1,002 million in 2023).
Balance sheet items at 31 December 2024 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
29100 |
| Receivables connected with investments in subsidiaries and affiliates | Receivables connected with investments in subsidiaries and affiliates
8858 |
| Current assets | Current assets
|
| Trade receivables and related accounts | Trade receivables and related accounts
516 |
| Other receivables | Other receivables
114 |
| Cash management current accounts of related companies | Cash management current accounts of related companies
613 |
|
|
|
| Equity and liabilities | Equity and liabilities
|
| Financial debt | Financial debt
|
| 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
3,553 |
| 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
- |
| Trade payables and related accounts | Trade payables and related accounts
6 |
| Other payables | Other payables
105 |
