BVC:GEB Income Statement

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

Millions COP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	7,781,171	8,015,650	7,971,566	7,953,723	6,874,591	5,558,593
Revenue Growth (YoY)	-3.40%	0.55%	0.22%	15.70%	23.67%	8.44%
Selling, General & Admin	774,273	762,353	684,209	675,148	562,758	547,658
Depreciation & Amortization	119,163	119,163	117,108	113,845	87,176	54,922
Provision for Bad Debts	152,073	100,528	89,870	-	-	-
Other Operating Expenses	4,303,496	4,374,140	4,340,663	4,510,713	4,184,293	3,127,619
Total Operating Expenses	5,349,005	5,356,184	5,231,850	5,299,706	4,834,227	3,730,199
Operating Income	2,432,166	2,659,466	2,739,716	2,654,017	2,040,364	1,828,394
Interest Expense	-1,197,576	-1,198,387	-1,310,259	-1,378,443	-960,682	-651,012
Interest Income	162,877	147,598	176,299	157,855	88,102	55,620
Net Interest Expense	-1,034,699	-1,050,789	-1,133,960	-1,220,588	-872,580	-595,392
Income (Loss) on Equity Investments	2,095,013	2,184,356	1,962,506	1,718,584	2,096,085	1,997,939
Currency Exchange Gain (Loss)	48,667	173,584	-288,076	241,130	154,498	-85,920
Other Non-Operating Income (Expenses)	-344,146	-287,210	-159,909	-3,458	101,357	-38,437
EBT Excluding Unusual Items	3,197,001	3,679,407	3,120,277	3,389,685	3,519,724	3,106,584
Gain (Loss) on Sale of Investments	-	-	-	-	-	5,006
Gain (Loss) on Sale of Assets	228,306	226,176	-5,930	-9,276	-1,745	-
Asset Writedown	-	-	2,098	-	85,109	-
Insurance Settlements	14,571	14,571	-	-	-	-
Other Unusual Items	-	-	-978	-	-	-
Pretax Income	3,439,878	3,920,154	3,115,467	3,380,409	3,603,088	3,111,590
Income Tax Expense	509,404	566,753	479,532	612,039	576,102	442,427
Earnings From Continuing Ops.	2,930,474	3,353,401	2,635,935	2,768,370	3,026,986	2,669,163
Minority Interest in Earnings	-164,975	-175,159	-173,638	-175,626	-174,191	-143,291
Net Income	2,765,499	3,178,242	2,462,297	2,592,744	2,852,795	2,525,872
Net Income to Common	2,765,499	3,178,242	2,462,297	2,592,744	2,852,795	2,525,872
Net Income Growth	3.92%	29.08%	-5.03%	-9.12%	12.94%	0.45%
Shares Outstanding (Basic)	9,144	9,181	9,181	9,181	8,653	8,688
Shares Outstanding (Diluted)	9,144	9,181	9,181	9,181	8,653	8,688
Shares Change (YoY)	-0.58%	-	-	6.10%	-0.41%	-5.37%
EPS (Basic)	302.44	346.17	268.19	282.40	329.69	290.72
EPS (Diluted)	302.44	346.17	268.19	282.40	329.69	290.72
EPS Growth	4.53%	29.08%	-5.03%	-14.34%	13.41%	6.15%
Free Cash Flow	723,611	969,376	2,300,768	1,571,792	1,893,095	823,550
Free Cash Flow Per Share	79.13	105.58	250.60	171.20	218.78	94.79
Dividend Per Share	238.000	238.000	251.000	307.500	179.000	158.000
Dividend Growth	-5.18%	-5.18%	-18.37%	71.79%	13.29%	7.48%
Profit Margin	35.54%	39.65%	30.89%	32.60%	41.50%	45.44%
Free Cash Flow Margin	9.30%	12.09%	28.86%	19.76%	27.54%	14.82%
EBITDA	3,300,776	3,559,541	3,590,832	3,488,469	2,787,762	2,462,814
EBITDA Margin	42.42%	44.41%	45.05%	43.86%	40.55%	44.31%
D&A For EBITDA	868,610	900,075	851,116	834,452	747,398	634,420
EBIT	2,432,166	2,659,466	2,739,716	2,654,017	2,040,364	1,828,394
EBIT Margin	31.26%	33.18%	34.37%	33.37%	29.68%	32.89%
Effective Tax Rate	14.81%	14.46%	15.39%	18.11%	15.99%	14.22%
Revenue as Reported	7,781,171	8,015,650	7,971,566	7,953,723	6,874,591	5,558,593

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