Transportadora de Gas del Sur S.A. (BCBA:TGSU2)

BCBA:TGSU2 Income Statement

Financials in millions ARS. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,313,363	1,219,766	986,053	1,115,696	173,320	84,333
Revenue Growth (YoY)	7.47%	23.70%	-11.62%	543.72%	105.52%	-15.49%
Operations & Maintenance	54,503	54,503	44,149	43,836	-	2,826
Selling, General & Admin	67,779	57,028	55,604	46,579	5,300	2,915
Other Operating Expenses	647,245	586,865	632,791	669,807	101,802	42,946
Total Operating Expenses	769,527	698,396	732,543	760,221	107,101	48,686
Operating Income	543,837	521,371	253,510	355,475	66,219	35,647
Interest Expense	-58,536	-55,710	-53,630	-46,103	-8,703	-5,069
Interest Income	-23,449	23,245	52,676	12,440	1,543	825.05
Net Interest Expense	-81,985	-32,465	-953.81	-33,663	-7,160	-4,244
Income (Loss) on Equity Investments	1,175	243.8	-66.2	611.26	41.35	32.17
Currency Exchange Gain (Loss)	-89,473	-58,819	-454,820	-163,862	-12,396	-14,894
Other Non-Operating Income (Expenses)	-53,325	-66,774	-129,116	19,463	19,992	-878.46
EBT Excluding Unusual Items	320,228	363,556	-331,447	178,025	66,696	15,663
Gain (Loss) on Sale of Investments	178,057	179,618	426,400	163,619	-	-
Asset Writedown	37,776	37,776	-	-	-	-4,700
Insurance Settlements	1,153	1,153	48.06	196.66	730.85	357.7
Legal Settlements	-	-	-	-	-1,036	-314.54
Other Unusual Items	-3,857	-	-	-6,986	-806.84	602.79
Pretax Income	533,357	582,103	95,001	334,855	65,583	11,608
Income Tax Expense	181,322	211,939	43,788	115,697	24,811	6,648
Earnings From Continuing Ops.	352,034	370,163	51,214	219,158	40,772	4,960
Minority Interest in Earnings	0.21	0.21	-1.25	-0.08	-0.01	-0.01
Net Income	352,035	370,164	51,212	219,157	40,772	4,960
Net Income to Common	352,035	370,164	51,212	219,157	40,772	4,960
Net Income Growth	59.17%	622.80%	-76.63%	437.52%	721.98%	-81.15%
Shares Outstanding (Basic)	753	753	753	753	753	762
Shares Outstanding (Diluted)	753	753	753	753	753	762
Shares Change (YoY)	0.00%	-	-	-	-1.26%	-3.30%
EPS (Basic)	467.65	491.74	68.03	291.14	54.16	6.51
EPS (Diluted)	467.65	491.74	68.03	291.14	54.16	6.51
EPS Growth	59.17%	622.80%	-76.63%	437.52%	732.48%	-80.51%
Free Cash Flow	258,014	194,356	118,656	68,536	40,229	31,312
Free Cash Flow Per Share	342.75	258.19	157.63	91.05	53.44	41.07
Dividend Per Share	-	265.689	-	-	-	-
Profit Margin	26.80%	30.35%	5.19%	19.64%	23.52%	5.88%
Free Cash Flow Margin	19.65%	15.93%	12.03%	6.14%	23.21%	37.13%
EBITDA	688,504	643,374	377,872	481,331	83,926	44,426
EBITDA Margin	52.42%	52.75%	38.32%	43.14%	48.42%	52.68%
D&A For EBITDA	144,667	122,003	124,363	125,856	17,708	8,780
EBIT	543,837	521,371	253,510	355,475	66,219	35,647
EBIT Margin	41.41%	42.74%	25.71%	31.86%	38.21%	42.27%
Effective Tax Rate	34.00%	36.41%	46.09%	34.55%	37.83%	57.27%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.