Universal Music Group N.V. (2UMG) Income Statement

	FY25	FY24	FY23	FY22	FY21	FY20	YoY
Revenue
Total Income / Revenue	€12.5B	€11.8B	€11.1B	€10.3B	€8.5B	€7.4B	+5.7%
Cost of Sales	€7.2B	€6.7B	€6.2B	€5.8B	€4.6B	€3.9B	+6.7%
Expenses
Profit
Operating Profit	€2.0B	€1.8B	€1.4B	€1.6B	€1.4B	€1.2B	+12.6%
Finance Income	€339.0M	€1.3B	€454.0M	—	—	—	-73.5%
Finance Costs	€233.0M	€187.0M	€151.0M	€735.0M	€377.0M	€53.0M	+24.6%
Profit Before Tax	€2.1B	€2.9B	€1.7B	€900.0M	€1.2B	€1.8B	-27.3%
Tax Expense	€546.0M	€778.0M	€458.0M	€115.0M	€277.0M	€412.0M	-29.8%
Profit After Tax	€1.5B	€2.1B	€1.3B	€785.0M	€888.0M	€1.4B	-26.4%
Attributable to Shareholders	€1.5B	€2.1B	€1.3B	€782.0M	€886.0M	€1.4B	-26.5%
Minority Interests	€7.0M	€7.0M	€4.0M	€3.0M	€2.0M	€3.0M	+0.0%
Total Comprehensive Income	€860.0M	€2.4B	€1.1B	€1.0B	€1.1B	€1.2B	-63.6%
Basic EPS	84.00c	€1.14	69.00c	43.00c	49.00c	75.00c	-26.3%
Diluted EPS	83.00c	€1.13	68.00c	43.00c	49.00c	75.00c	-26.5%

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Universal Music Group N.V. — Income Statement