Compagnie Ivoirienne d'Électricité (CIE), S.A. (BRVM: CIEC)

CIEC Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	255,330	255,394	238,461	231,131	222,127	186,938
Other Revenue	1	1	-	-	-	-1
Revenue	255,331	255,395	238,461	231,131	222,127	186,937
Revenue Growth (YoY)	6.88%	7.10%	3.17%	4.05%	18.82%	-68.24%
Selling, General & Admin	80,081	80,081	76,483	81,299	80,505	50,420
Depreciation & Amortization	13,372	13,372	14,260	12,255	-39,460	-2,208
Other Operating Expenses	146,356	145,109	130,546	120,772	105,887	107,278
Total Operating Expenses	239,809	238,562	221,289	214,326	146,932	155,490
Operating Income	15,522	16,833	17,172	16,805	75,195	31,447
Interest Expense	-3,064	-3,607	-4,247	-3,102	-3,885	-4,055
Interest Income	547	547	213	637	1,507	1,245
Net Interest Expense	-2,517	-3,060	-4,034	-2,465	-2,378	-2,810
Income (Loss) on Equity Investments	197	197	593	460	713	827
Other Non-Operating Income (Expenses)	279	280	-564	-608	-52,391	-20,439
EBT Excluding Unusual Items	13,481	14,250	13,167	14,192	21,139	9,025
Pretax Income	13,481	14,250	13,167	14,192	21,139	9,025
Income Tax Expense	2,651	2,742	2,896	3,681	3,956	1,199
Earnings From Continuing Ops.	10,830	11,508	10,271	10,511	17,183	7,826
Minority Interest in Earnings	-23	-23	-10	-	-	-
Net Income	10,807	11,485	10,261	10,511	17,183	7,826
Net Income to Common	10,807	11,485	10,261	10,511	17,183	7,826
Net Income Growth	15.21%	11.93%	-2.38%	-38.83%	119.56%	58.75%
Shares Outstanding (Basic)	-	56	56	56	56	56
Shares Outstanding (Diluted)	-	56	56	56	56	56
EPS (Basic)	-	205.09	183.23	187.70	306.84	139.75
EPS (Diluted)	-	205.00	183.00	187.70	306.84	139.75
EPS Growth	-	12.02%	-2.50%	-38.83%	119.56%	58.75%
Free Cash Flow	-	24,960	16,041	115,833	31,042	53,239
Free Cash Flow Per Share	-	445.71	286.45	2068.45	554.32	950.70
Dividend Per Share	-	190.000	175.000	170.179	185.711	-
Dividend Growth	-	8.57%	2.83%	-8.36%	-	-
Profit Margin	4.23%	4.50%	4.30%	4.55%	7.74%	4.19%
Free Cash Flow Margin	-	9.77%	6.73%	50.12%	13.97%	28.48%
EBITDA	31,265	32,012	31,223	30,204	97,532	45,454
EBITDA Margin	12.24%	12.53%	13.09%	13.07%	43.91%	24.32%
D&A For EBITDA	15,743	15,179	14,051	13,399	22,337	14,007
EBIT	15,522	16,833	17,172	16,805	75,195	31,447
EBIT Margin	6.08%	6.59%	7.20%	7.27%	33.85%	16.82%
Effective Tax Rate	19.66%	19.24%	21.99%	25.94%	18.71%	13.29%
Revenue as Reported	255,395	255,395	238,461	231,131	222,127	186,937

Source: S&P Capital IQ. Utility template. Financial Sources.