7.2.2Consolidated income statement
Consolidated income statement for the year ended 31 December
(in € millions)Note20242023 (restated)
Continuing operations​​​
​​​​
Insurance contract revenue7.6.19,6018,095
Incurred claims and benefits​-7,389-6,400
Insurance service operating expenses7.6.11-1,350-1,227
Insurance service expenses7.6.2-8,739-7,628
Insurance service result before reinsurance​862468
Net result from reinsurance contracts7.6.3-90-27
Insurance service result​772440
​​​​
Direct investment income7.6.46,3514,137
Net fair value gains (and losses)7.6.54,4594,747
Impairments on financial assets7.6.61-22
Net finance result from insurance and reinsurance contracts7.6.7-5,731-5,211
Other finance expenses7.6.8-4,031-2,451
Investment operating expenses7.6.11-205-146
Investment and finance result​8431,054
​​​​
Share of result of associates and joint ventures​2811
Fee income7.6.9518328
Other income7.6.10107372
Total other income​653711
​​​​
Other expenses7.6.11-821-927
Total other income and expenses​-168-217
​​​​
Result before tax​1,4471,278
​​​​
Income tax (expense) / gain7.6.12-383-275
Result after tax​1,0651,003
​​​​
Discontinued operations​​​
Result after tax from discontinued operations7.4.6-12182
​​​​
Net result​9441,086
​​​​
Attributable to:​​​
Non-controlling interests​-20
​​​​
- Shareholders of the parent​8821,038
- Holders of other equity instruments​6348
Result attributable to holders of equity instruments​9461,086

The numbers following the line items refer to the relevant sections in the notes. The comparative figures for 2023 have been restated (see section 7.3.2). Where applicable, in accordance with IFRS, comparative figures have been included in the new presentation format to ensure comparability.

Basic earnings per share
(in €)20242023 (restated)
Basic earnings per share​​
Basic earnings per ordinary share from continuing operations4.765.34
Basic earnings per ordinary share from discontinued operations-0.570.46
​​​
Basic earnings per share4.195.80
Diluted earnings per share
(in €)20242023 (restated)
Diluted earnings per share​​
Diluted earnings per ordinary share from continuing operations4.394.85
Diluted earnings per ordinary share from discontinued operations-0.520.41
​​​
Diluted earnings per share3.875.26

For more information on the earnings per share, see section 7.5.11.7.