Below are the financial statements of National Grid, 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 | 2025 | 2024 | 2023 |
|---|---|---|---|
| Continuing operations | — | — | — |
| Revenue | 18,378a | 19,850a | 21,659a |
| Provision for bad and doubtful debts | -200a | -179a | -220a |
| Other operating costs | -13,244a | -15,208a | -17,549a |
| Operating profit | 4,934a | 4,475a | 4,879a |
| Finance income | 450a | 248a | 138a |
| Finance costs | -1,807a | -1,712a | -1,598a |
| Share of post-tax results of joint ventures and associates | 73a | 37a | 171a |
| Profit before tax | 3,650a | 3,048a | 3,590a |
| Tax | -821a | -831a | -876a |
| Profit after tax from continuing operations | 2,829a | 2,217a | 2,714a |
| Profit after tax from discontinued operations | 76a | 74a | 5,083a |
| Total profit for the year (continuing and discontinued) | 2,905a | 2,291a | 7,797a |
| Attributable to | — | — | — |
| Equity shareholders of the parent | 2,902a | 2,290a | 7,797a |
| Non-controlling interests | 3a | 1a | 0a |
| Other operating income | - | 12a | - |
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