Tax Transparency Report

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Description Target Price (€) Recommendation Analyst
Taxes borne 44.00
Taxes collected 56.00
Medium Target Price € 50.00

Item

Amount (M/€)

Taxes borne

5,832

Taxes collected

7,407

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Description Target Price (€) Recommendation Analyst
Profit taxes 47.00
Taxes on Labor 14.00
Taxes on products and services 20.00
Property taxes 6.00
Environmental taxes 13.00
Medium Target Price € 20.00
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Description Target Price (€) Recommendation Analyst
Profit taxes 2.00
Taxes on Labor 15.00
Taxes on products and services 60.00
Environmental taxes 23.00
Medium Target Price € 25.00
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Total Tax Contribution Rate
55.8%
This Index reveals the share of taxes borne on total profit before taxes borne.
Cash Tax Rate
37.1%
The Cash Tax Rate represents the incidence of the tax burden, expressed in terms of taxes paid on the statutory result and is determined as the ratio between the corporate income taxes paid and the profit before income tax.
Current Income Tax rate
37.9%
The Current Income Tax Rate is determined as the ratio between corporate income taxes accrued on profit/loss (Current taxes) and the profit before income tax.
Effective Tax Rate (ETR)
37.5%
The ETR represents the incidence of the overall tax burden (accounted for) on the statutory result and is determined as the ratio between the total income taxes recorded in the financial statements and the consolidated profit before income tax.