Companhia Energética de Brasília - CEB (BVMF: CEBR5)

CEBR5 Income Statement

Financials in millions BRL. 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	352.84	352.57	322.22	343.09	255.18	304.74
Revenue Growth (YoY)	25.15%	9.42%	-6.08%	34.45%	-16.26%	-88.24%
Operations & Maintenance	57.91	55.32	59.63	39.87	40.27	50.89
Selling, General & Admin	60.59	56.1	55.2	45.81	42.03	32.55
Other Operating Expenses	107.05	106.78	27.94	131.53	88.99	112.04
Total Operating Expenses	225.55	218.2	142.77	217.21	171.29	195.48
Operating Income	127.29	134.37	179.44	125.88	83.89	109.26
Interest Expense	-0.76	-0.73	-0.42	-1.39	-7.97	-3.52
Interest Income	81.64	96.34	86.03	112.81	23.48	37.38
Net Interest Expense	80.88	95.6	85.61	111.43	15.51	33.86
Income (Loss) on Equity Investments	90.26	88.27	80.34	48.42	48.17	28.96
Other Non-Operating Income (Expenses)	-6.55	-6.84	-5.12	-58.43	-15.01	-19.06
EBT Excluding Unusual Items	291.87	311.41	340.27	227.3	132.56	153.02
Gain (Loss) on Sale of Investments	-	-	23.31	1,712	-	-
Asset Writedown	-	-	-	-	-	-0.38
Legal Settlements	-1.71	-0.33	1.29	-7.47	-0.73	-1.99
Other Unusual Items	-13.14	-13.14	-16.02	-	-	-
Pretax Income	277.02	297.94	348.85	1,932	131.83	150.66
Income Tax Expense	56.64	62.91	90.79	629.06	24.48	35.92
Earnings From Continuing Ops.	220.38	235.02	258.05	1,303	107.35	114.74
Earnings From Discontinued Ops.	0.63	-	-	-8.75	358.03	26.36
Net Income to Company	221.02	235.02	258.05	1,294	465.38	141.1
Minority Interest in Earnings	-54.62	-51.51	-61.71	-43.95	-32.76	-37.58
Net Income	166.4	183.51	196.34	1,250	432.62	103.52
Net Income to Common	166.4	183.51	196.34	1,250	432.62	103.52
Net Income Growth	-11.69%	-6.54%	-84.30%	189.04%	317.92%	15.05%
Shares Outstanding (Basic)	72	72	72	72	72	72
Shares Outstanding (Diluted)	72	72	72	72	72	72
Shares Change (YoY)	-	-	-	0.00%	-	-
EPS (Basic)	2.31	2.55	2.72	17.35	6.00	1.44
EPS (Diluted)	2.31	2.55	2.72	17.35	6.00	1.44
EPS Growth	-11.69%	-6.54%	-84.30%	189.04%	317.92%	15.05%
Free Cash Flow	297.41	206.87	195.26	-389.48	-86.93	334.83
Free Cash Flow Per Share	4.13	2.87	2.71	-5.40	-1.21	4.65
Dividend Per Share	-	-	1.491	15.125	7.380	-
Dividend Growth	-	-	-90.14%	104.93%	-	-
Profit Margin	47.16%	52.05%	60.93%	364.47%	169.54%	33.97%
Free Cash Flow Margin	84.29%	58.67%	60.60%	-113.52%	-34.06%	109.88%
EBITDA	134.44	141.98	189.22	135.81	92.22	167.65
EBITDA Margin	38.10%	40.27%	58.73%	39.59%	36.14%	55.02%
D&A For EBITDA	7.16	7.61	9.78	9.93	8.33	58.39
EBIT	127.29	134.37	179.44	125.88	83.89	109.26
EBIT Margin	36.07%	38.11%	55.69%	36.69%	32.87%	35.85%
Effective Tax Rate	20.45%	21.12%	26.03%	32.56%	18.57%	23.84%

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