S.P.E.E.H. Hidroelectrica S.A. (BVB: H2O)

S.P.E.E.H. Hidroelectrica Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	9,805	12,160	9,452	6,489	3,841	4,142
Other Revenue	27.7	27.7	13.95	-	-	-
Revenue	9,833	12,188	9,466	6,489	3,841	4,142
Revenue Growth (YoY)	-16.60%	28.76%	45.87%	68.93%	-7.27%	-2.58%
Fuel & Purchased Power	205.99	456.16	697.14	90.12	15.38	25.77
Operations & Maintenance	67.54	85.39	82.34	70.68	104.56	101.78
Selling, General & Admin	552.77	645.34	452.89	553.38	318.52	329.28
Depreciation & Amortization	874.21	799.31	772.15	760.5	720.53	737.52
Provision for Bad Debts	75.16	79.92	43.46	11.35	0.08	1.12
Other Operating Expenses	2,742	2,681	2,210	1,054	759.25	1,020
Total Operating Expenses	4,518	4,747	4,258	2,540	1,918	2,216
Operating Income	5,315	7,441	5,208	3,949	1,923	1,927
Interest Expense	-29.36	-26.04	-10.64	-15.89	-11	-0.34
Interest Income	341.59	302.52	243.71	72.07	61.99	86.13
Net Interest Expense	312.23	276.48	233.07	56.17	50.99	85.78
Currency Exchange Gain (Loss)	-0.12	-0.63	0.94	-8.79	-1.84	-7.14
Other Non-Operating Income (Expenses)	99.5	-15.79	1.66	119.73	20.52	41.84
EBT Excluding Unusual Items	5,727	7,701	5,443	4,116	1,993	2,047
Gain (Loss) on Sale of Assets	-5.28	-5.28	-2.05	-3.61	-6.51	-0.4
Asset Writedown	-234.41	-236.87	-23.87	-359.33	-105.97	34.53
Other Unusual Items	-	-	-	31.53	26.27	-
Pretax Income	5,487	7,459	5,417	3,785	1,907	2,081
Income Tax Expense	774.1	1,094	953.44	668.6	348.58	694.69
Net Income	4,713	6,365	4,464	3,116	1,558	1,387
Net Income to Common	4,713	6,365	4,464	3,116	1,558	1,387
Net Income Growth	-21.46%	42.59%	43.25%	100.01%	12.37%	-29.75%
Shares Outstanding (Basic)	450	449	448	448	448	448
Shares Outstanding (Diluted)	450	449	448	448	448	448
Shares Change (YoY)	0.20%	0.17%	0.00%	0.04%	0.01%	-0.07%
EPS (Basic)	10.48	14.17	9.95	6.95	3.48	3.09
EPS (Diluted)	10.48	14.17	9.95	6.95	3.48	3.09
EPS Growth	-21.62%	42.34%	43.25%	99.94%	12.35%	-29.70%
Free Cash Flow	6,550	5,235	4,066	3,871	2,109	2,285
Free Cash Flow Per Share	14.56	11.65	9.07	8.63	4.71	5.10
Dividend Per Share	13.990	13.990	9.670	8.540	5.100	4.470
Dividend Growth	44.67%	44.67%	13.23%	67.45%	14.09%	-
Profit Margin	47.93%	52.23%	47.16%	48.02%	40.56%	33.47%
Free Cash Flow Margin	66.62%	42.95%	42.96%	59.65%	54.91%	55.15%
EBITDA	6,189	8,241	5,980	4,710	2,644	2,664
EBITDA Margin	62.94%	67.61%	63.17%	72.57%	68.82%	64.31%
D&A For EBITDA	874.21	799.31	772.15	760.5	720.53	737.52
EBIT	5,315	7,441	5,208	3,949	1,923	1,927
EBIT Margin	54.05%	61.05%	55.02%	60.85%	50.06%	46.51%
Effective Tax Rate	14.11%	14.66%	17.60%	17.67%	18.28%	33.38%
Revenue as Reported	-	-	-	-	-	4,177

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