Verbund AG (WBO:VER) Other Operating Expense : €1,310 Mil (TTM As of Mar. 2024)

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What is Verbund AG Other Operating Expense?

Verbund AG's Other Operating Expense for the three months ended in Mar. 2024 was €330 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2024 was €1,310 Mil.

Verbund AG's quarterly Other Operating Expense declined from Sep. 2023 (€333 Mil) to Dec. 2023 (€325 Mil) but then increased from Dec. 2023 (€325 Mil) to Mar. 2024 (€330 Mil).

Verbund AG's annual Other Operating Expense increased from Dec. 2021 (€944 Mil) to Dec. 2022 (€1,056 Mil) and increased from Dec. 2022 (€1,056 Mil) to Dec. 2023 (€1,233 Mil).

Verbund AG Other Operating Expense Historical Data

The historical data trend for Verbund AG's Other Operating Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Verbund AG Other Operating Expense Chart

Verbund AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Operating Expense

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810.23

840.73

943.53

1,055.85

1,232.78

Verbund AG Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Other Operating Expense	Get a 7-Day Free Trial															314.80	322.90	333.20	324.68	329.60

Verbund AG Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,310 Mil.

Verbund AG Other Operating Expense Related Terms

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Verbund AG (WBO:VER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Verbund AG (WBO:VER) » Definitions » Other Operating Expense

Comparable Companies

Traded in Other Exchanges

OEZVY:USA OEZVF:USA VERv:UK 0NR1:UK OEWA:Germany VER:Czech Republic

Address

Am Hof 6a, Vienna, AUT, 1010

Website

https://www.verbund.com

Founded in 1947 through a nationalization act, Verbund is the leading power producer in Austria. The Austrian state owns 51% of its capital. Hydro accounts for more than 90% of the total power output. Hydro power is generated from reservoirs and pumped storage plants in the Austrian Alps, and run-of-river plants in Austria and southern Germany. Total hydro capacity amounts to 8.4 GW. Verbund also owns the Austrian electricity grid through its fully owned subsidiary AP. In 2021, the firm acquired 51% of Gas Connect Austria, a gas transmission and distribution system operator. The group also owns one CCGT and is involved in trading and development of wind and solar capacity.

Executives

Dr. Susanna Zapreva-hennerbichler	Board of Directors
Mag. Dr. Achim Kaspar	Board of Directors
Dr. Peter F. Kollmann	Board of Directors
Mag. Dr. Mba Michael Strugl	Board of Directors