2025 Universal Registration Document

General and financial elements

*Consolidated statement of changes in equity
Consolidated statement of changes in equity
  Equity attributable to owners of the parent     
(in € millions) Share capital Share premium Treasury shares Consolidated reserves Net income Currency translation reserves Amounts recognised directly in equity Total attributable to owners of the parent Non-controlling interests Total
Balance at 31/12/2023 1,473 13,407 (1,419) 10,422 4,702 (91) (382) 28,113 3,928 32,040
Net income for the period - - - - 4,863 - - 4,863 410 5,274
Other comprehensive income recognised directly in the equity of controlled companies - - - - - 31 (118) (87) (154) (241)
Other comprehensive income recognised directly in the equity of companies accounted for under the equity method - - - - - 18 (28) (9) - (9)
Total comprehensive income for the period - - - - 4,863 49 (146) 4,767 256 5,024
Increase in share capital 16 652 - - - - - 668 2 670
Decrease in share capital (35) - 1,495 (1,460) - - - - (3) (3)
Transactions in treasury shares - - (1,642) (270) - - - (1,912) - (1,912)
Appropriation of net income and dividend payments - - - 2,133 (4,702) - - (2,570) (902) (3,472)
Share-based payments (IFRS 2) - - - 344 - - - 344 - 344
Impact of acquisitions or disposals of non-controlling interests after acquisition of control - - - 1 - 1 - 2 - 2
Changes in consolidation scope - - - 25 - 7 (32) - 804 804
Other - - - 530 - 1 4 535 1 536
Balance at 31/12/2024 1,455 14,059 (1,566) 11,724 4,863 (32) (555) 29,947 4,085 34,032
Net income for the period - - - - 4,903 - - 4,903 372 5,275
Other comprehensive income recognised directly in the equity of controlled companies - - - - - (853) 331 (522) (84) (606)
Other comprehensive income recognised directly in the equity of companies accounted for under the equity method - - - - - (20) 74 54 - 54
Total comprehensive income for the period - - - - 4,903 (873) 405 4,435 288 4,723
Increase in share capital 19 752 - - - - - 771 11 782
Decrease in share capital (19) - 511 (492) - - - - - -
Transactions in treasury shares - - (1,741) (261) - - - (2,002) - (2,002)
Appropriation of net income and dividend payments - - - 2,198 (4,863) - - (2,665) (805) (3,469)
Share-based payments (IFRS 2) - - - 422 - - - 422 - 422
Impact of acquisitions or disposals of non-controlling interests after acquisition of control - - - (13) - (1) - (14) (4) (17)
Changes in consolidation scope - - - 16 - - (16) - (1) (1)
Other - - - (140) - - (3) (143) - (142)
Balance at 31/12/2025 1,455 14,811 (2,796) 13,454 4,903 (906) (168) 30,752 3,576 34,328