Red Electrica Corporacion S.A.
ISIN: ES0173093024 | Ticker: RED | LEI: 5493009HMD0C90GUV498
Country: Spain
Red Eléctrica de España is the sole transmission agent and operator (TSO) of the national electricity system in Spain. Its mission is to operate the system in real time, guaranteeing the continuity of supply and the safe integration of renewable energy. In addition, it develops, expands and maintains the high voltage electricity transmission grid in a sustainable way.
Red Eléctrica Infraestructuras en Canarias (Reincan) responds to the need to promote energy storage projects in the Canary Islands, as tools for the system operator to guarantee the supply on the islands at all times and to optimise the integration of renewable energy.
The organisational structure of the Company was transformed in 2008 into a holding structure so as to strengthen the separation and transparency of the regulated activities in Spain -transmission and system operation- from the remaining activities.
1985
Served areaSpain
Headcount1,900
HeadquartersPo Conde de los Gaitanes 177, 28109 Alcobendas-Madrid – Spain
| Line item in (eur) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|---|
| Assets | N/A | 12,844,089,000.00 | 13,984,478,000.00 | 14,781,520,000.00 |
| Noncurrent Assets | N/A | 10,929,540,000.00 | 11,097,068,000.00 | 11,834,213,000.00 |
| Property Plant And Equipment | N/A | 9,511,245,000.00 | 9,575,848,000.00 | 9,626,805,000.00 |
| Investment Property | N/A | 1,325,000.00 | 1,772,000.00 | 1,704,000.00 |
| Investment Accounted For Using Equity Method | N/A | 519,312,000.00 | 587,983,000.00 | 891,617,000.00 |
| Deferred Tax Assets | N/A | 88,015,000.00 | 70,567,000.00 | 69,217,000.00 |
| Noncurrent Financial Assets At Fair Value Through Profit Or Loss | N/A | 7,973,000.00 | 5,379,000.00 | 15,813,000.00 |
| Noncurrent Financial Assets Measured At Fair Value Through Other Comprehensive Income | N/A | 79,363,000.00 | 85,368,000.00 | 84,066,000.00 |
| Noncurrent Financial Assets At Amortised Cost | N/A | 28,869,000.00 | 23,942,000.00 | 175,714,000.00 |
| Noncurrent Derivative Financial Assets | N/A | 146,000.00 | 23,592,000.00 | 110,616,000.00 |
| Other Noncurrent Assets | N/A | 2,442,000.00 | 1,998,000.00 | 3,514,000.00 |
| Current Assets | N/A | 1,914,549,000.00 | 2,887,410,000.00 | 2,947,307,000.00 |
| Inventories | N/A | 34,875,000.00 | 26,535,000.00 | 41,321,000.00 |
| Trade And Other Current Receivables | N/A | 1,342,099,000.00 | 1,260,956,000.00 | 1,358,657,000.00 |
| Current Trade Receivables | N/A | 43,054,000.00 | 59,709,000.00 | 75,081,000.00 |
| Other Current Receivables | N/A | 1,288,342,000.00 | 1,193,686,000.00 | 1,101,079,000.00 |
| Other Current Financial Assets | N/A | 35,812,000.00 | 25,401,000.00 | 752,505,000.00 |
| Current Financial Assets Measured At Fair Value Through Other Comprehensive Income | N/A | 0.00 | 0.00 | 0.00 |
| Current Financial Assets At Amortised Cost | N/A | 35,812,000.00 | 25,401,000.00 | 752,505,000.00 |
| Cash and cash equivalents | 328,570,000.00 | 481,772,000.00 | 1,574,427,000.00 | 794,824,000.00 |
| Current Derivative Financial Assets | N/A | 19,991,000.00 | 91,000.00 | 0.00 |
| Equity And Liabilities | N/A | 12,844,089,000.00 | 13,984,478,000.00 | 14,781,520,000.00 |
| Equity | 3,585,156,000.00 | 3,491,953,000.00 | 3,685,131,000.00 | 4,894,276,000.00 |
| Issued Capital | N/A | 270,540,000.00 | 270,540,000.00 | 270,540,000.00 |
| Treasury Shares | N/A | 36,550,000.00 | 31,618,000.00 | 26,296,000.00 |
| Equity Attributable To Owners Of Parent | N/A | 3,435,602,000.00 | 3,631,082,000.00 | 4,789,535,000.00 |
| Noncontrolling Interests | N/A | 56,351,000.00 | 54,049,000.00 | 104,741,000.00 |
| Noncurrent Liabilities | N/A | 7,893,246,000.00 | 7,325,936,000.00 | 6,984,202,000.00 |
| Other Longterm Provisions | N/A | 135,986,000.00 | 129,965,000.00 | 139,822,000.00 |
| Noncurrent Government Grants | N/A | 707,920,000.00 | 726,002,000.00 | 746,498,000.00 |
| Deferred Tax Liabilities | N/A | 417,353,000.00 | 397,811,000.00 | 417,650,000.00 |
| Other Noncurrent Financial Liabilities | N/A | 57,760,000.00 | 57,264,000.00 | 52,631,000.00 |
| Noncurrent Derivative Financial Liabilities | N/A | 50,350,000.00 | 16,436,000.00 | 22,016,000.00 |
| Other Noncurrent Liabilities | N/A | 96,233,000.00 | 102,288,000.00 | 114,461,000.00 |
| Longterm Borrowings | N/A | 6,427,644,000.00 | 5,896,170,000.00 | 5,491,124,000.00 |
| Current Liabilities | N/A | 1,458,890,000.00 | 2,973,411,000.00 | 2,903,042,000.00 |
| Current Provisions | N/A | 57,183,000.00 | 21,202,000.00 | 30,536,000.00 |
| Trade And Other Current Payables | N/A | 577,720,000.00 | 802,655,000.00 | 1,160,176,000.00 |
| Trade And Other Current Payables To Trade Suppliers | N/A | 460,502,000.00 | 382,309,000.00 | 485,624,000.00 |
| Other Current Payables | N/A | 92,257,000.00 | 409,459,000.00 | 661,232,000.00 |
| Other Current Financial Liabilities | N/A | 608,794,000.00 | 752,703,000.00 | 983,432,000.00 |
| Current Derivative Financial Liabilities | N/A | 220,000.00 | 5,129,000.00 | 7,053,000.00 |
| Current Borrowings And Current Portion Of Noncurrent Borrowings | N/A | 214,973,000.00 | 1,391,722,000.00 | 721,845,000.00 |
| Line item in (eur) | 01.01.2020/ 01.01.2021 |
01.01.2021/ 01.01.2022 |
01.01.2022/ 01.01.2023 |
|---|---|---|---|
| Revenue | 1,985,751,000.00 | 1,952,958,000.00 | 2,015,036,000.00 |
| Other Work Performed By Entity And Capitalised | 57,690,000.00 | 55,737,000.00 | 62,903,000.00 |
| Employee Benefits Expense | 175,915,000.00 | 187,341,000.00 | 210,614,000.00 |
| Depreciation And Amortisation Expense | 548,184,000.00 | 522,114,000.00 | 544,992,000.00 |
| Profit Loss From Operating Activities | 929,007,000.00 | 991,970,000.00 | 961,554,000.00 |
| Finance Income | 16,014,000.00 | 10,488,000.00 | 23,161,000.00 |
| Finance Costs | 133,613,000.00 | 115,453,000.00 | 116,468,000.00 |
| Profit Loss Before Tax | 805,991,000.00 | 888,077,000.00 | 869,517,000.00 |
| Income Tax Expense Continuing Operations | 194,751,000.00 | 201,793,000.00 | 188,330,000.00 |
| Profit (loss) | 611,240,000.00 | 686,284,000.00 | 681,187,000.00 |
| Profit Loss Attributable To Owners Of Parent | 621,185,000.00 | 680,627,000.00 | 664,731,000.00 |
| Profit Loss Attributable To Noncontrolling Interests | -9,945,000.00 | 5,657,000.00 | 16,456,000.00 |
| Line item in (eur) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|---|
| Profit (loss) | N/A | 611,240,000.00 | 686,284,000.00 | 681,187,000.00 |
| Adjustments For Reconcile Profit Loss | N/A | 745,792,000.00 | 584,630,000.00 | 592,571,000.00 |
| Adjustments For Finance Costs | N/A | 133,613,000.00 | 115,453,000.00 | 116,468,000.00 |
| Adjustments For Depreciation And Amortisation Expense | N/A | 548,184,000.00 | 522,114,000.00 | 544,992,000.00 |
| Adjustments For Provisions | N/A | 16,662,000.00 | 16,654,000.00 | 35,046,000.00 |
| Other Adjustments To Reconcile Profit Loss | N/A | 197,608,000.00 | 62,516,000.00 | 47,579,000.00 |
| Adjustments For Reconcile Profit Loss | N/A | 745,792,000.00 | 584,630,000.00 | 592,571,000.00 |
| Dividends Received Classified As Operating Activities | N/A | 4,848,000.00 | 4,848,000.00 | 7,578,000.00 |
| Interest Paid Classified As Operating Activities | N/A | 158,909,000.00 | 121,920,000.00 | 123,524,000.00 |
| Interest Received Classified As Operating Activities | N/A | 7,907,000.00 | 4,867,000.00 | 15,680,000.00 |
| Income Taxes Paid Refund Classified As Operating Activities | N/A | 196,903,000.00 | 181,263,000.00 | 363,996,000.00 |
| Other Inflows Outflows Of Cash Classified As Operating Activities | N/A | -1,832,000.00 | -831,000.00 | -5,565,000.00 |
| Cash Flows From Used In Operating Activities | N/A | 1,380,422,000.00 | 1,605,176,000.00 | 1,566,829,000.00 |
| Other Inflows Outflows Of Cash Classified As Investing Activities | N/A | 21,473,000.00 | 32,766,000.00 | 45,130,000.00 |
| Cash Flows From Used In Investing Activities | N/A | -905,547,000.00 | -537,638,000.00 | -1,641,325,000.00 |
| Proceeds From Issuing Shares | N/A | 0.00 | 1,011,000.00 | 1,867,000.00 |
| Payments To Acquire Or Redeem Entitys Shares | N/A | 22,851,000.00 | 0.00 | 13,650,000.00 |
| Dividends Paid Classified As Financing Activities | N/A | 566,773,000.00 | 538,995,000.00 | 543,881,000.00 |
| Interest Paid Classified As Financing Activities | N/A | 174,000.00 | 0.00 | 0.00 |
| Other Inflows Outflows Of Cash Classified As Financing Activities | N/A | -23,438,000.00 | -32,058,000.00 | -11,806,000.00 |
| Cash Flows From Used In Financing Activities | N/A | -314,666,000.00 | 22,323,000.00 | -708,187,000.00 |
| Effect Of Exchange Rate Changes On Cash And Cash Equivalents | N/A | -7,007,000.00 | 2,794,000.00 | 3,080,000.00 |
| Increase (decrease) in cash and cash equivalents after effect of exchange rate changes | N/A | 153,202,000.00 | 1,092,655,000.00 | -779,603,000.00 |
| Cash and cash equivalents | 328,570,000.00 | 481,772,000.00 | 1,574,427,000.00 | 794,824,000.00 |
Please note that some sums might not add up.
ES0173093024
LEI5493009HMD0C90GUV498
SectorIBEX35
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