BST:T2K1 Income Statement

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

Millions ARS. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,720,626	1,219,766	986,053	1,115,696	173,320
Revenue Growth (YoY)	41.06%	23.70%	-11.62%	543.72%	105.52%
Operations & Maintenance	-	54,503	44,149	43,836	-
Selling, General & Admin	182,449	57,028	55,604	46,579	5,300
Other Operating Expenses	834,696	586,865	632,791	669,807	101,802
Total Operating Expenses	1,017,145	698,396	732,543	760,221	107,101
Operating Income	703,481	521,371	253,510	355,475	66,219
Interest Expense	-88,653	-55,710	-53,630	-46,103	-8,703
Interest Income	32,705	23,245	52,676	12,440	1,543
Net Interest Expense	-55,948	-32,465	-953.81	-33,663	-7,160
Income (Loss) on Equity Investments	3,728	243.8	-66.2	611.26	41.35
Currency Exchange Gain (Loss)	-111,849	-58,819	-454,820	-163,862	-12,396
Other Non-Operating Income (Expenses)	104,631	-66,774	-129,116	19,463	19,992
EBT Excluding Unusual Items	644,043	363,556	-331,447	178,025	66,696
Gain (Loss) on Sale of Investments	-	179,618	426,400	163,619	-
Asset Writedown	-	37,776	-	-	-
Insurance Settlements	-	1,153	48.06	196.66	730.85
Legal Settlements	-	-	-	-	-1,036
Other Unusual Items	-	-	-	-6,986	-806.84
Pretax Income	644,043	582,103	95,001	334,855	65,583
Income Tax Expense	223,183	211,939	43,788	115,697	24,811
Earnings From Continuing Ops.	420,860	370,163	51,214	219,158	40,772
Minority Interest in Earnings	-	0.21	-1.25	-0.08	-0.01
Net Income	420,860	370,164	51,212	219,157	40,772
Net Income to Common	420,860	370,164	51,212	219,157	40,772
Net Income Growth	13.70%	622.80%	-76.63%	437.52%	721.98%
Shares Outstanding (Basic)	753	753	753	753	753
Shares Outstanding (Diluted)	753	753	753	753	753
Shares Change (YoY)	-	-	-	-	-1.26%
EPS (Basic)	559.09	491.74	68.03	291.14	54.16
EPS (Diluted)	559.09	491.74	68.03	291.14	54.16
EPS Growth	13.70%	622.80%	-76.63%	437.52%	732.48%
Free Cash Flow	231,204	194,356	118,656	68,536	40,229
Free Cash Flow Per Share	307.14	258.19	157.63	91.05	53.44
Dividend Per Share	-	265.689	-	-	-
Profit Margin	24.46%	30.35%	5.19%	19.64%	23.52%
Free Cash Flow Margin	13.44%	15.93%	12.03%	6.14%	23.21%
EBITDA	905,442	643,374	377,872	481,331	83,926
EBITDA Margin	52.62%	52.75%	38.32%	43.14%	48.42%
D&A For EBITDA	201,961	122,003	124,363	125,856	17,708
EBIT	703,481	521,371	253,510	355,475	66,219
EBIT Margin	40.88%	42.74%	25.71%	31.86%	38.21%
Effective Tax Rate	34.65%	36.41%	46.09%	34.55%	37.83%
Revenue as Reported	1,720,626	-	-	-	-

Source: S&P Global Market Intelligence. Utility template. Financial Sources.