================================================================================ FORM 6-K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 For the month of February, 2006 Commission File Number: 333-07654 ENDESA, S.A. (Translation of Registrant's Name into English) Ribera del Loira, 60 28042 Madrid, Spain (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: Form 20-F X Form 40-F ----- ----- Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): Yes No X ----- ----- Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): Yes No X ----- ------ Indicate by check mark whether by furnishing the information contained in this Form, the Registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934: Yes No X ----- ------- If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): N/A --- ================================================================================ New York, February 21st, 2006.- The following announcements will be published on Spanish media starting today and in the days ahead. The messages contained on those advertisements are: On top - - Spain's leading utility - - Europe's top five utility - - World's top ten in utility industry capitalization Source: Bloomberg's December 2005 report on market capitalization On Progress - - Best net income ever published by the company: (euro)3,182m (up 154%) - - Net income is (euro)1,841m (up 60%) disregarding net capital gains from non core asset sales - High income increases across all business lines with respect to 2004: - Spain and Portugal (euro)1,356m, up 52.9% - Europe (euro)425m, up 151.5% - Latin America (euro)262m, up 106.3% Remuneration - - Proposal to distribute a (euro) 2.4 per share gross dividend against 2005 earnings subject to General Shareholder Meeting approval, with a final dividend of (euro) 2.095 per share payable on July 3, 2006, or a total of (euro)2,541m. These results are in accordance with IFRS The company with the best outlook is already yours On Progress Endesa achieved outstanding results in 2005: o Sales: (euro)17,508m (up 30%) o EBITDA: (euro)6,020m (up 33%) o Net income: (euro)3,182m (up 154%) o Net income, pre exceptionals: (euro)1,841m (up 60%) o Net income by business area: - Spain and Portugal (euro)1,356m (up 52.9%) - Europe (euro)425m (up 151.5%) - Latin America (euro)262m (up 106.3%) o Total dividend to be distributed against 2005 results: (euro)2,541m* o Total 2005 dividend (euro)2.4/share* *Subject to General Shareholder Meeting approval These results are in accordance with IFRS On a roll - - We have leadership of the Spanish utility market - - Electricity sales increased over 12% in the markets we operate - - 60% increase in net income from ordinary activities ((euro)1,841m) Remuneration - - Obtaining a historical increase in net income: (euro)3,182m (up 154%) - - Distribution of a total gross dividend against 2005 results of (euro)2,541m. Maximum dividend per share to be paid is (euro)2.4* *Pending General Shareholder Meeting approval The company with the best outlook is already yours www.endesa.es For additional information please contact Alvaro Perez de Lema, North America Investor Relations Office, telephone # 212 750 7200 http://www.endesa.es * This document may contain certain forward-looking statements regarding anticipated financial and operating results and statistics that are subject to risks and uncertainties as well as to material risks, changes and other factors which may be difficult to predict, including, without limitation, those factors described in the Documento de Registro de Acciones of ENDESA filed within the Comision Nacional del Mercado de Valores and in the Form 20-F of Endesa filed within the Securities and Exchange Commission, both for the fiscal year ended December 31, 2004. For all of these forward-looking statements, we claim the protection of the safe harbour for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. ENDESA, S.A. Dated: February 21st , 2006 By: /s/ Alvaro Perez de Lema -------------------------- Name: Alvaro Perez de Lema Title: Manager of North America Investor Relations