UMG — Universal Music NV Income Statement

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Annual income statement for Universal Music NV, fiscal year end - December 31st, EUR millions except per share, conversion factor applied.

	2021 December 31st	2022 December 31st	2023 December 31st	2024 December 31st	2025 December 31st
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	ARS	ARS	ARS	ARS	ARS
Standards:	IFRS	IFRS	IFRS	IFRS	IFRS
Status:	Final	Final	Final	Final	Final
Revenue
Total Revenue	8,504	10,340	11,108	11,834	12,507
Cost of Revenue
Gross Profit	3,896	4,587	4,900	5,088	5,311
Selling / General / Administrative Expenses
Depreciation and Amortization
Unusual Expense / Income
Total Operating Expenses	7,007	8,740	9,690	10,059	10,509
Operating Profit	1,497	1,600	1,418	1,775	1,998
Total Net Non Operating Interest Income / Expense
Other Net Non Operating Costs
Net Income Before Taxes	1,165	900	1,721	2,871	2,086
Provision for Income Taxes
Net Income After Taxes	888	785	1,263	2,093	1,540
Minority Interest
Net Income Before Extraordinary Items
Net Income	886	782	1,259	2,086	1,533
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Diluted Net Income	886	782	1,259	2,086	1,533
Diluted Weighted Average Shares
Basic EPS Including Extraordinary Items
Diluted EPS Including Extraordinary Items
Diluted EPS Excluding Extraordinary Items
Normalised Income Before Taxes
Normalised Income After Taxes
Normalised Income Available to Common Shareholders
Diluted Normalised EPS	0.453	0.456	0.687	1.18	0.883
Dividends per Share