Financial year 2025/26

Consolidated income statement

Consolidated income statement

As at 31 March

Note

2026

2025

€m

€m

Revenue

1

6,028

6,273

Total income

6,028

6,273

Changes in inventory of finished goods and work in progress

(32)

(55)

Raw materials and consumables

2

(2,811)

(3,192)

Maintenance and other external charges

2

(1,273)

(1,285)

Employee benefits expense

4

(1,282)

(1,186)

Depreciation and amortisation expense

2

(315)

(296)

Other expenses

2

(494)

(462)

Total expenses

(6,207)

(6,476)

Finance costs

5

(42)

(55)

Finance income

5

6

-

Share of post-tax results of joint ventures and associates

9(iii)

3

1

Profit/(Loss) before taxation

(212)

(257)

Taxation

6

6

53

Profit/(Loss) after taxation

(206)

(204)

All references to 2026 in the Financial Statements, the Presentation of accounts and accounting policies and the related Notes 1 to 32 refer to the financial year ended 31 March 2026 or as of 31 March 2026 as appropriate (2025: the financial year ended 31 March 2025 or as at 31 March 2025).