ORANO // Annual Activity Report 2024
6
STATEMENTS Consolidated fi nancial statements - fi nancial year ended December 31, 2024
December 31, 2024
December 31, 2023
% interest
% interest
Country
Method
Method
Name of unit or controlling entity Company name, legal form
AFRICA/MIDDLE EAST Somaïr (2)
Niger Niger Niger Niger
- - - -
- - - -
FC FC FC FC FC FC FC FC
63.40 63.50
Imouraren SA (2)
69
Cominak (2) TN Niger (1)
100 100 100 100
Orano Mining (Namibia) Pty Ltd. Orano Processing Namibia
Namibia Namibia
FC FC FC FC
100 100 100
Uramin Centrafrique
Central African Rep.
Comuf
Gabon
68.42
68.42
(1) Company merged into Orano NPS. (2) Deconsolidated companies (see Note 1.1).
Non-consolidated companies At December 31, 2024, the net carrying amount of non-consolidated securities held at 50% or more represented 17 holdings (excluding Nigerien companies), for which 11 million euros was recorded in the statement of fi nancial position. The group believes there is no risk associated with these holdings and considers them non-material.
NOTE 3 SEGMENT INFORMATION
By business segment
2024 INCOME
Corporate, other operations and eliminations
Mining Front End
Back End
Total
(in millions of euros)
Gross revenue
1,524
1,559 (251) 1,307
3,236 (209) 3,027
(445)
5,874
Inter-segment sales
(22)
483
-
CONTRIBUTION TO REVENUE
1,502
38
5,874 1,183
OPERATING INCOME BEFORE END-OF-LIFECYCLE ACTIVITY
122
463 (38) 425
675 (59) 616
(77)
Income from end-of-lifecycle activities
-
-
(97)
OPERATING INCOME
122
(77)
1,085
Share in net income of joint ventures and associates
- - - -
- - - -
- - - -
- - - -
(12)
Net fi nancial income (expense)
(307)
Income tax
(54) 712
NET INCOME FOR THE PERIOD
EBITDA *
437
495
1,190 36.8%
(55)
2,067 35.2%
% of gross revenue n/a: not applicable. *
28.7%
31.8%
n/a
See Notes 1.3.5 and 6. At December 31, 2024, the group generated approximately 43% of its revenue with EDF.
338
Orano - Annual Activity Report 2024
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