v3.26.1
Appendix II (Tables)
12 Months Ended
Dec. 31, 2025
Appendix II  
Schedule of accounting statement of results and liquidity

Accounting statement of results and liquidity

(expressed in millions of Euros)

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Millions of Euros

Estimated distributable profits until July 28, 2025

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​

Estimated net income after taxes from the beginning of the fiscal year to July 28, 2025

 

177

Less, required allocation to legal reserve

 

0

Estimated distributable profits until July 28, 2025

 

177

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Interim dividend distributed

 

103

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Cash flow forecast for the period from July 28, 2025 to July 28, 2026:

 

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Cash balance as of July 28, 2025

 

1

Projected colelctions

 

1,264

Projected payments, including interim dividend

 

-1,199

Projected cash balance as of July 28, 2026

 

66

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