BVMF:CLSC4 Income Statement

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

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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
Operating Revenue	11,900	10,659	10,382	9,899	10,200
Other Revenue	-	-	-	-	1,121
Revenue	11,900	10,659	10,382	9,899	11,321
Revenue Growth (YoY)	11.65%	2.67%	4.88%	-12.56%	27.89%
Selling, General & Admin	843.08	761.26	776.79	704.38	576.3
Provision for Bad Debts	74.69	194.01	93.92	73.13	-
Other Operating Expenses	9,619	8,549	8,764	8,399	10,041
Total Operating Expenses	10,536	9,505	9,635	9,176	10,617
Operating Income	1,364	1,154	747.4	723	704.31
Interest Expense	-292.45	-234.72	-255.2	-240.73	-216.18
Interest Income	120.99	132.68	201.69	152.5	173.56
Net Interest Expense	-171.46	-102.04	-53.51	-88.23	-42.62
Income (Loss) on Equity Investments	50.09	65.57	57.12	79.35	72.68
Other Non-Operating Income (Expenses)	-285.61	-185.32	-88.28	5.54	66.78
EBT Excluding Unusual Items	956.92	932.43	662.73	719.65	801.16
Gain (Loss) on Sale of Investments	-	-	20.59	-	20.37
Pretax Income	956.92	932.43	683.32	719.65	821.53
Income Tax Expense	227.42	216.63	126.28	179.09	258.36
Net Income	729.5	715.8	557.03	540.56	563.17
Net Income to Common	729.5	715.8	557.03	540.56	563.17
Net Income Growth	1.91%	28.50%	3.05%	-4.01%	8.58%
Shares Outstanding (Basic)	39	39	39	39	39
Shares Outstanding (Diluted)	39	39	39	39	39
EPS (Basic)	18.91	18.56	14.44	14.01	14.60
EPS (Diluted)	18.91	18.56	14.44	14.01	14.60
EPS Growth	1.91%	28.50%	3.05%	-4.01%	8.58%
Free Cash Flow	147.75	247.45	397.13	854.12	-262.93
Free Cash Flow Per Share	3.83	6.42	10.30	22.14	-6.82
Dividend Per Share	-	-	-	-	3.290
Profit Margin	6.13%	6.72%	5.37%	5.46%	4.98%
Free Cash Flow Margin	1.24%	2.32%	3.82%	8.63%	-2.32%
EBITDA	1,738	1,490	1,050	991.95	940.11
EBITDA Margin	14.60%	13.98%	10.12%	10.02%	8.30%
D&A For EBITDA	373.8	336.27	302.78	268.94	235.8
EBIT	1,364	1,154	747.4	723	704.31
EBIT Margin	11.46%	10.83%	7.20%	7.30%	6.22%
Effective Tax Rate	23.77%	23.23%	18.48%	24.89%	31.45%
Revenue as Reported	-	-	-	-	11,342

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