Sociedad Minera Cerro Verde S.A.A. (BVL:CVERDEC1)

BVL:CVERDEC1 Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	4,728	4,238	4,143	3,975	4,199
Revenue Growth (YoY)	11.56%	2.30%	4.22%	-5.34%	65.42%
Cost of Revenue	2,562	2,589	2,564	2,324	2,066
Gross Profit	2,166	1,650	1,580	1,651	2,133
Selling, General & Admin	118.64	145.77	158.24	158.9	111.52
Other Operating Expenses	57.02	-0.15	73.69	10.06	2.01
Operating Expenses	175.66	157.44	241.11	173.93	113.71
Operating Income	1,990	1,492	1,339	1,477	2,020
Interest Expense	-7.5	-6.52	-79.23	-8.96	-13.75
Interest & Investment Income	-	-	-	-	1.11
Currency Exchange Gain (Loss)	72.44	1.16	20.48	0.98	29.49
Other Non Operating Income (Expenses)	40.01	4.03	13.25	5.97	0.13
EBT Excluding Unusual Items	2,095	1,491	1,293	1,475	2,037
Merger & Restructuring Charges	-	-6.59	-1.4	-8.91	-5.93
Gain (Loss) on Sale of Investments	-	33.57	35.14	11.22	0.8
Asset Writedown	-	-0.02	-3.55	-	-
Legal Settlements	-	-	-	-	-15.33
Other Unusual Items	-	-	-	-43.67	-89.05
Pretax Income	2,095	1,518	1,323	1,434	1,927
Income Tax Expense	728.21	564.55	544.33	508.55	735.7
Net Income	1,367	953.18	778.96	925.35	1,191
Net Income to Common	1,367	953.18	778.96	925.35	1,191
Net Income Growth	43.43%	22.36%	-15.82%	-22.34%	333.98%
Shares Outstanding (Basic)	350	350	350	350	350
Shares Outstanding (Diluted)	350	350	350	350	350
EPS (Basic)	3.91	2.72	2.23	2.64	3.40
EPS (Diluted)	3.91	2.72	2.23	2.64	3.40
EPS Growth	43.43%	22.36%	-15.82%	-22.34%	333.98%
Free Cash Flow	1,352	1,040	711	356.51	1,323
Free Cash Flow Per Share	3.86	2.97	2.03	1.02	3.78
Dividend Per Share	-	2.710	1.850	1.420	1.857
Dividend Growth	-	46.47%	30.28%	-23.53%	225.00%
Gross Margin	45.81%	38.92%	38.13%	41.54%	50.80%
Operating Margin	42.09%	35.20%	32.31%	37.16%	48.09%
Profit Margin	28.91%	22.49%	18.80%	23.28%	28.37%
Free Cash Flow Margin	28.58%	24.54%	17.16%	8.97%	31.51%
EBITDA	2,644	1,875	1,737	1,835	2,378
EBITDA Margin	55.93%	44.25%	41.93%	46.16%	56.63%
D&A For EBITDA	654.04	383.12	398.73	357.86	358.23
EBIT	1,990	1,492	1,339	1,477	2,020
EBIT Margin	42.09%	35.20%	32.31%	37.16%	48.09%
Effective Tax Rate	34.75%	37.20%	41.13%	35.47%	38.17%

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