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Financial Report: TotalEnergies Capital, Q3 2024

TotalEnergies Capital has published its financial report for the first nine months of 2024. The balance sheet reveals stable fixed assets of €7,455 million and current assets of €7,114 million. The period was marked by an intensification of bond issues, reaching a nominal value of USD 7,250 million.

The financial results show a loss of 1,227 million euros, compared to a profit of 450,000 euros in 2023. Financial expenses reach 2,325 million euros, mainly due to interest on bond issues and swaps.

TotalEnergies Capital also issued a USD 3 billion senior bond during the third quarter. Credit ratings by Standard & Poor's and Moody's remain strong, supported by the guarantee of TotalEnergies SE.

R. H.

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