Financial Information

A company with financial strength

We place at your disposal the most relevant information from our financial statements as an integrated and global Group.

First quarter 2021 results

€648

million

Net income in Q1 2021

€471

million

Adjusted net income in Q1 2021

€1.030

billion

Positive operating cash flow, 73% higher year-on-year

40%

of investments

Allocated to low-carbon projects

Repsol Campus

We consolidate all of the Company’s financial information on an annual basis. In this section, you will find the integrated management report, the annual report, and the Group's financial statements along with other documents.

Sensitivity analysis

In our strategic plan we have considered a price deck with specific figures for market variables affecting our industry, such as Brent price ($/bbl), Henry Hub marker ($/MBtu), Refining Margin Indicator for Repsol ($/bbl) and the average price of electricity pool in Spain (€/MWh), estimating them all for the period 2021-2025. Given the variance of these magnitudes, in the following table we provide both our base case scenario and the sensitivity for the cash generation (CFFO) to the three most relevant market indicators for us, allowing to forecast the company performance in any prices environment. For the sake of a better clarity, an example: For every 10 $/bbl higher Brent price above our base case (50 $/bbl), the company expects to generate 540 M€/y additional to forecasts.

Sensitivity analysis

The above information may contain statements that Repsol believes constitute forward-looking statements affecting its financial condition, results of operations, business, strategy, geographic concentration, production volume and reserves, capital expenditures, costs savings, investments and dividend payout policies. These forward-looking statements may also include assumptions regarding future economic and other conditions. These statements do not guarantee future performance, prices, margins, exchange rates or other events and are subject to material risks, uncertainties, changes and other factors which may be beyond Repsol’s control or may be difficult to predict. Repsol does not undertake to publicly update or revise these forward-looking statements. 

This information does not constitute an offer or invitation to purchase or subscribe shares, in any jurisdiction. 

The information has not been verified by the Auditors of Repsol.