Orano - Annual Activity Report 2024 55 SITUATION AND ACTIVITIES OF THE COMPANY AND ITS SUBSIDIARIES DURING THE PAST FINANCIAL YEAR 2 Financial situation of the Company and the group during the past financial year 2.5.2.5 Review of key figures by business segment Orano consists largely of the nuclear fuel lifecycle operations housed in the Mining, Front End (Chemistry and Enrichment) and Back End (Recycling, Nuclear Packages and Services, Dismantling and Services, Engineering) segment subsidiaries and the Corporate operations provided primarily by Orano Support. The key figures of Orano for the financial year ended December 31, 2024 are presented by business segment below. (in millions of euros) 2024 2023 Change 2024/2023 Revenue 5,874 4,775 +1,099 Mining 1,502 1,319 +183 Front End 1,307 1,305 +2 Back End 3,027 2,135 +892 Corporate and other activities* 38 17 +21 EBITDA 2,067 1,228 +839 Mining 437 421 +16 Front End 495 446 +49 Back End 1,190 395 +795 Corporate and other activities* (55) (34) -21 Operating income 1,085 635 +450 Mining 122 196 -74 Front End 425 368 +57 Back End 616 122 +494 Corporate and other activities* (77) (50) -27 Operating cash flow 937 663 +274 Mining 224 173 +51 Front End 420 370 +50 Back End 411 210 +201 Corporate and other activities* (118) (90) -28 * “Corporate and other activities” notably includes Corporate, Orano Med and “batteries for electric vehicles” program activities. Orano’s equity Group equity totaled 2,736 million euros at December 31, 2024, compared with 1,937 million euros at December 31, 2023. Assets and provisions for end-of-lifecycle operations The change in the financial position from December 31, 2023 to December 31, 2024, with regard to assets and liabilities for end-of-lifecycle operations, is summarized in the table below. (in millions of euros) December 31, 2024 December 31, 2023 ASSETS End-of-lifecycle assets 8,453 8,170 of which earmarked assets 8,379 8,086 of which end-of-lifecycle assets (third-party share) 74 84 LIABILITIES PROVISIONS FOR END-OF-LIFECYCLE OPERATIONS 9,059 8,508 of which provisions for end-of-lifecycle operations (regulated scope*) 8,708 8,156 of which provisions for end-of-lifecycle operations (non-regulated scope*) 351 351 * Scope of application of the French law of June 28, 2006. The change in assets and provisions for end-of-lifecycle operations is described in Note 13 to the consolidated financial statements in Section 6.1.
RkJQdWJsaXNoZXIy NzMxNTcx