Gas Natural del Oriente S.A., ESP (BVC: GASORIENTE)

GASORIENTE Income Statement

Financials in millions COP. 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
Revenue	329,924	327,251	290,929	243,889	213,045	219,573
Revenue Growth (YoY)	0.36%	12.48%	19.29%	14.48%	-2.97%	18.63%
Operations & Maintenance	12,684	12,367	9,991	8,877	8,455	8,921
Selling, General & Admin	27,570	25,016	19,569	21,628	20,146	19,836
Other Operating Expenses	243,297	234,708	207,438	191,068	156,659	157,720
Total Operating Expenses	283,551	272,090	236,998	221,573	185,259	186,476
Operating Income	46,374	55,160	53,931	22,316	27,786	33,097
Interest Expense	-22,513	-20,046	-9,201	-2,974	-3,806	-3,902
Interest Income	20,216	14,962	5,477	3,512	3,878	4,344
Net Interest Expense	-2,297	-5,084	-3,724	537.73	72.66	441.33
Income (Loss) on Equity Investments	25,758	38,004	24,817	12,187	19,898	16,800
Currency Exchange Gain (Loss)	45.82	248.87	-180.71	-0.35	0.95	1.33
Other Non-Operating Income (Expenses)	-1,915	-1,770	-1,647	-1,848	-937.74	-1,253
EBT Excluding Unusual Items	67,966	86,560	73,196	33,192	46,819	49,086
Gain (Loss) on Sale of Investments	-	-	-775.13	-1,158	-	-
Gain (Loss) on Sale of Assets	47.49	13.79	43.67	361.39	-	119.55
Legal Settlements	-966.59	-966.59	-902.9	-	82.81	-82.81
Pretax Income	67,047	85,607	71,562	32,395	46,902	49,123
Income Tax Expense	16,802	17,436	15,259	6,595	6,994	11,247
Earnings From Continuing Ops.	50,245	68,171	56,303	25,801	39,908	37,876
Minority Interest in Earnings	-2,342	-2,324	-2,541	-1,551	-1,321	-2,391
Net Income	47,904	65,847	53,762	24,249	38,587	35,485
Net Income to Common	47,904	65,847	53,762	24,249	38,587	35,485
Net Income Growth	-26.15%	22.48%	121.71%	-37.16%	8.74%	24.79%
Shares Outstanding (Basic)	123	123	123	123	123	123
Shares Outstanding (Diluted)	123	123	123	123	123	123
EPS (Basic)	390.62	536.93	438.39	197.73	314.65	289.35
EPS (Diluted)	390.62	536.93	438.39	197.73	314.65	289.35
EPS Growth	-26.15%	22.48%	121.71%	-37.16%	8.74%	24.79%
Free Cash Flow	-26,647	-12,802	-11,131	-11,331	24,402	14,462
Free Cash Flow Per Share	-217.28	-104.39	-90.76	-92.39	198.98	117.93
Dividend Per Share	-	-	335.400	254.478	-	-
Dividend Growth	-	-	31.80%	-	-	-
Profit Margin	14.52%	20.12%	18.48%	9.94%	18.11%	16.16%
Free Cash Flow Margin	-8.08%	-3.91%	-3.83%	-4.65%	11.45%	6.59%
EBITDA	51,231	59,697	57,828	26,423	32,604	37,690
EBITDA Margin	15.53%	18.24%	19.88%	10.83%	15.30%	17.16%
D&A For EBITDA	4,857	4,536	3,897	4,108	4,818	4,593
EBIT	46,374	55,160	53,931	22,316	27,786	33,097
EBIT Margin	14.06%	16.86%	18.54%	9.15%	13.04%	15.07%
Effective Tax Rate	25.06%	20.37%	21.32%	20.36%	14.91%	22.90%

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