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

BVL:CVERDEC1 Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	4,418	4,238	4,143	3,975	4,199	2,539
Revenue Growth (YoY)	14.28%	2.30%	4.22%	-5.34%	65.42%	-12.37%
Cost of Revenue	2,620	2,589	2,564	2,324	2,066	1,714
Gross Profit	1,798	1,650	1,580	1,651	2,133	825.04
Selling, General & Admin	139.79	145.77	158.24	158.9	111.52	114.27
Other Operating Expenses	-9.82	-0.15	73.69	10.06	2.01	6.75
Operating Expenses	141.79	157.44	241.11	173.93	113.71	121.02
Operating Income	1,657	1,492	1,339	1,477	2,020	704.02
Interest Expense	-6.38	-6.52	-79.23	-8.96	-13.75	-49.06
Interest & Investment Income	2.73	-	-	-	1.11	2.35
Currency Exchange Gain (Loss)	19.89	1.16	20.48	0.98	29.49	52.46
Other Non Operating Income (Expenses)	4.66	4.03	13.25	5.97	0.13	-1.79
EBT Excluding Unusual Items	1,677	1,491	1,293	1,475	2,037	707.99
Merger & Restructuring Charges	-6.59	-6.59	-1.4	-8.91	-5.93	-8.43
Gain (Loss) on Sale of Investments	33.57	33.57	35.14	11.22	0.8	-
Asset Writedown	-0.02	-0.02	-3.55	-	-	-
Legal Settlements	-	-	-	-	-15.33	-43.84
Other Unusual Items	-	-	-	-43.67	-89.05	-112.85
Pretax Income	1,704	1,518	1,323	1,434	1,927	542.87
Income Tax Expense	631.85	564.55	544.33	508.55	735.7	268.33
Net Income	1,073	953.18	778.96	925.35	1,191	274.54
Net Income to Common	1,073	953.18	778.96	925.35	1,191	274.54
Net Income Growth	69.41%	22.36%	-15.82%	-22.34%	333.98%	-29.67%
Shares Outstanding (Basic)	350	350	350	350	350	350
Shares Outstanding (Diluted)	350	350	350	350	350	350
EPS (Basic)	3.06	2.72	2.23	2.64	3.40	0.78
EPS (Diluted)	3.06	2.72	2.23	2.64	3.40	0.78
EPS Growth	69.40%	22.36%	-15.82%	-22.34%	333.98%	-29.67%
Free Cash Flow	1,082	1,040	711	356.51	1,323	366.43
Free Cash Flow Per Share	3.09	2.97	2.03	1.02	3.78	1.05
Dividend Per Share	2.710	2.710	1.850	1.420	1.857	0.571
Dividend Growth	46.47%	46.47%	30.28%	-23.53%	225.00%	-
Gross Margin	40.70%	38.92%	38.13%	41.54%	50.80%	32.50%
Operating Margin	37.49%	35.20%	32.31%	37.16%	48.09%	27.73%
Profit Margin	24.28%	22.49%	18.80%	23.28%	28.37%	10.81%
Free Cash Flow Margin	24.48%	24.54%	17.16%	8.97%	31.51%	14.43%
EBITDA	2,003	1,875	1,737	1,835	2,378	1,053
EBITDA Margin	45.33%	44.25%	41.93%	46.16%	56.63%	41.47%
D&A For EBITDA	346.15	383.12	398.73	357.86	358.23	348.61
EBIT	1,657	1,492	1,339	1,477	2,020	704.02
EBIT Margin	37.49%	35.20%	32.31%	37.16%	48.09%	27.73%
Effective Tax Rate	37.07%	37.20%	41.13%	35.47%	38.17%	49.43%

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