Below are the financial statements of Drax Group, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of GBP | 2024 | 2023 |
|---|---|---|
| Revenue | 6,162.5a | 7,733.2a |
| Cost of sales | -4,125.2a | -5,575a |
| Electricity Generator Levy | -160.8a | -204.6a |
| Gross profit | 1,876.5a | 1,953.6a |
| Operating and administrative expenses | -720.6a | -711.7a |
| Impairment losses on financial assets | -40a | -32.5a |
| Depreciation | -224.8a | -195.6a |
| Amortisation | -17a | -29.4a |
| Impairment of non-current assets | -14.4a | -70.8a |
| Other (losses)/gains | -7.3a | -3.8a |
| Share of losses from associates | -2.2a | -1.6a |
| Operating profit | 850.2a | 908.2a |
| Foreign exchange (losses)/gains | -9.4a | -9.4a |
| Interest payable and similar charges | -107.5a | -115.5a |
| Interest receivable and similar gains | 20.1a | 13.1a |
| Profit before tax | 753.4a | 796.4a |
| Tax | — | — |
| Before effect of changes in tax rate | -227.9a | -232.5a |
| Effect of changes in tax rate | 0a | -3a |
| Total tax charge | -227.9a | -235.5a |
| Profit for the period | 525.5a | 560.9a |
| Attributable to | — | — |
| Owners of the parent company | 526.6a | 562.2a |
| Non-controlling interests | -1.1a | -1.3a |
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