Notes And Other Explanatory Information [Abstract]
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2024-01-01 to 2024-12-31 |
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| Notes and other explanatory information [abstract] | |
| Disclosure of allowance for credit losses [text block] |
The table below contains information regarding default risk and the recognised expected credit losses for financial instruments classified as measured at amortised cost, with the exception of trade receivables and receivables from investees, which relate primarily to trade receivables. For all financial instruments, the valuation allowance was recognised in the amount of the twelve-month expected credit loss due to the low risk of default.
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| Disclosure of associates [text block] |
13.4 Subsidiaries, joint ventures and associates of VERBUND
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| Disclosure of auditors' remuneration [text block] |
13.2 Other disclosures
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| Disclosure of authorisation of financial statements [text block] |
Responsibility statement of the legal representatives
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| Disclosure of basis of consolidation [text block] |
Consolidation methods
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| Disclosure of cash flow statement [text block] |
Notes to the cash flow statement
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| Disclosure of collateral [text block] |
Securities in the amount of €77.9m (previous year: €71.9m) and loans in the amount of €364.4m (previous year: €329.5m) have been pledged. All of the securities and loans all serve as collateral for bank loans.
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| Disclosure of commitments and contingent liabilities [text block] |
13. Other
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| Disclosure of cost of sales [text block] |
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| Disclosure of credit risk [text block] |
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| Disclosure of debt instruments [text block] |
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| Disclosure of deferred income [text block] |
Contracts and purchase commitments
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| Disclosure of deferred taxes [text block] |
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| Disclosure of depreciation and amortisation expense [text block] |
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| Disclosure of dividends [text block] |
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| Disclosure of earnings per share [text block] |
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| Disclosure of effect of changes in foreign exchange rates [text block] |
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| Disclosure of employee benefits [text block] |
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| Disclosure of entity's operating segments [text block] |
Performance in the financial year
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| Disclosure of events after reporting period [text block] |
Events after the reporting date
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| Disclosure of fee and commission income (expense) [text block] |
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| Disclosure of finance income [text block] |
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| Disclosure of financial instruments [text block] |
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| Disclosure of financial instruments designated at fair value through profit or loss [text block] |
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| Disclosure of general information about financial statements [text block] |
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| Disclosure of goodwill [text block] |
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| Disclosure of government grants [text block] |
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| Disclosure of impairment of assets [text block] |
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| Disclosure of income tax [text block] |
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| Disclosure of information about key management personnel [text block] |
Detailed disclosures regarding VERBUND AG’s boards are presented in the Corporate Governance Report. The following disclosures focus on the remuneration of members of the Executive Board and the Supervisory Board.
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| Disclosure of interest expense [text block] |
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| Disclosure of interest income (expense) [text block] |
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| Disclosure of interests in other entities [text block] |
A list of all of VERBUND’s subsidiaries, joint ventures and associates is presented in the section entitled “List of Group companies”. The group of subsidiaries, joint ventures and associates included in the consolidated financial statements changed as follows in the 2024 reporting period:
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| Disclosure of investments accounted for using equity method [text block] |
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| Disclosure of investments other than investments accounted for using equity method [text block] |
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| Disclosure of issued capital [text block] |
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| Disclosure of joint ventures [text block] |
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| Disclosure of leases [text block] |
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| Disclosure of liquidity risk [text block] |
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| Disclosure of market risk [text block] |
11. Risk management
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| Disclosure of material accounting policy information [text block] |
1.2 Financial reporting principles
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| Disclosure of non-controlling interests [text block] |
Non-controlling interests
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| Disclosure of objectives, policies and processes for managing capital [text block] |
Capital management
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| Disclosure of other assets [text block] |
Non-current assets
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| Disclosure of other current assets [text block] |
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| Disclosure of other current liabilities [text block] |
Trade payables and current other liabilities
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| Disclosure of other non-current liabilities [text block] |
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| Disclosure of other operating expense [text block] |
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| Disclosure of other operating income (expense) [text block] |
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| Disclosure of other operating income [text block] |
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| Disclosure of other provisions, contingent liabilities and contingent assets [text block] |
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| Disclosure of prepayments and other assets [text block] |
6.3 Trade receivables, other receivables and securities
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| Disclosure of related party [text block] |
13.3 Transactions with related parties
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| Disclosure of research and development expense [text block] |
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| Disclosure of revenue from contracts with customers [text block] |
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| Disclosure of share capital, reserves and other equity interest [text block] |
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| Disclosure of tax receivables and payables [text block] |
10. Taxes
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| Disclosure of trading income (expense) [text block] |
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