GEB Income Statement

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

Millions COP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	2018 - 2014
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	2018 - 2014
Revenue	7,903,562	7,978,433	6,874,591	5,558,593	5,125,946	4,887,194	Upgrade
Revenue Growth (YoY)	1.79%	16.06%	23.68%	8.44%	4.89%	22.13%	Upgrade
Selling, General & Admin	596,269	648,309	562,758	547,658	480,712	498,996	Upgrade
Depreciation & Amortization	118,752	110,862	87,176	54,922	62,552	26,653	Upgrade
Amortization of Goodwill & Intangibles	-	-	-	-	-	19,945	Upgrade
Other Operating Expenses	4,475,899	4,565,245	4,184,293	3,127,619	2,747,389	2,754,421	Upgrade
Total Operating Expenses	5,190,920	5,324,416	4,834,227	3,730,199	3,290,653	3,300,015	Upgrade
Operating Income	2,712,642	2,654,017	2,040,364	1,828,394	1,835,293	1,587,179	Upgrade
Interest Expense	-1,332,642	-1,378,443	-960,682	-651,012	-662,131	-560,785	Upgrade
Interest Income	202,760	157,855	88,102	55,620	69,628	75,516	Upgrade
Net Interest Expense	-1,129,882	-1,220,588	-872,580	-595,392	-592,503	-485,269	Upgrade
Income (Loss) on Equity Investments	1,710,795	1,718,584	2,096,085	1,997,939	1,602,363	1,462,079	Upgrade
Currency Exchange Gain (Loss)	-84,837	241,130	154,498	-85,920	178,247	32,607	Upgrade
Other Non-Operating Income (Expenses)	-154,926	-3,458	101,357	-38,437	-15,079	-6,581	Upgrade
EBT Excluding Unusual Items	3,053,792	3,389,685	3,519,724	3,106,584	3,008,321	2,590,015	Upgrade
Gain (Loss) on Sale of Investments	-	-	-	5,006	3,983	5,376	Upgrade
Gain (Loss) on Sale of Assets	-9,276	-9,276	-1,745	-	-	-	Upgrade
Asset Writedown	-	-	85,109	-	-	-169,498	Upgrade
Pretax Income	3,044,516	3,380,409	3,603,088	3,111,590	3,012,304	2,425,893	Upgrade
Income Tax Expense	440,923	612,039	576,102	442,427	395,427	471,958	Upgrade
Earnings From Continuing Ops.	2,603,593	2,768,370	3,026,986	2,669,163	2,616,877	1,953,935	Upgrade
Minority Interest in Earnings	-169,697	-175,626	-174,191	-143,291	-102,428	-108,076	Upgrade
Net Income	2,433,896	2,592,744	2,852,795	2,525,872	2,514,449	1,845,859	Upgrade
Net Income to Common	2,433,896	2,592,744	2,852,795	2,525,872	2,514,449	1,845,859	Upgrade
Net Income Growth	-20.56%	-9.12%	12.94%	0.45%	36.22%	5.55%	Upgrade
Shares Outstanding (Basic)	8,588	8,599	8,653	8,688	9,181	9,181	Upgrade
Shares Outstanding (Diluted)	8,588	8,599	8,653	8,688	9,181	9,181	Upgrade
Shares Change (YoY)	-0.64%	-0.63%	-0.41%	-5.37%	0.00%	0.00%	Upgrade
EPS (Basic)	283.39	301.53	329.69	290.72	273.87	201.05	Upgrade
EPS (Diluted)	283.39	301.53	329.69	290.72	273.87	201.05	Upgrade
EPS Growth	-20.05%	-8.54%	13.40%	6.15%	36.22%	5.55%	Upgrade
Free Cash Flow	1,848,093	1,571,488	1,893,095	823,550	1,397,370	969,240	Upgrade
Free Cash Flow Per Share	215.18	182.76	218.78	94.79	152.20	105.57	Upgrade
Dividend Per Share	109.000	307.500	179.000	158.000	147.000	-	Upgrade
Dividend Growth	-71.13%	71.79%	13.29%	7.48%	-	-	Upgrade
Profit Margin	30.79%	32.50%	41.50%	45.44%	49.05%	37.77%	Upgrade
Free Cash Flow Margin	23.38%	19.70%	27.54%	14.82%	27.26%	19.83%	Upgrade
EBITDA	3,473,162	3,488,469	2,787,762	2,462,814	2,443,112	2,084,546	Upgrade
EBITDA Margin	43.94%	43.72%	40.55%	44.31%	47.66%	42.65%	Upgrade
D&A For EBITDA	760,520	834,452	747,398	634,420	607,819	497,367	Upgrade
EBIT	2,712,642	2,654,017	2,040,364	1,828,394	1,835,293	1,587,179	Upgrade
EBIT Margin	34.32%	33.26%	29.68%	32.89%	35.80%	32.48%	Upgrade
Effective Tax Rate	14.48%	18.11%	15.99%	14.22%	13.13%	19.45%	Upgrade
Revenue as Reported	7,903,562	7,978,433	6,874,591	5,558,593	5,125,946	4,887,194	Upgrade

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