Vietnam Petroleum Transport JSC (HOSE: VIP)

VIP Income Statement

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

Fiscal Year	TTM	FY 2014	FY 2013	FY 2012	FY 2010	FY 2009
Period Ending	Sep 30, 2015	Dec 31, 2014	Dec 31, 2013	Dec 31, 2012	Dec 31, 2010	Dec 31, 2009
Revenue	597,128	692,595	785,030	1,000,602	1,416,260	1,213,143
Revenue Growth (YoY)	-14.21%	-11.77%	-21.54%	-29.35%	16.74%	-2.96%
Cost of Revenue	436,403	542,448	605,494	829,085	1,169,883	1,023,624
Gross Profit	160,725	150,147	179,537	171,517	246,377	189,519
Selling, General & Admin	47,399	46,828	71,301	59,272	57,852	55,381
Operating Expenses	47,399	46,828	71,301	59,272	57,852	55,381
Operating Income	113,326	103,319	108,236	112,246	188,525	134,138
Interest Expense	-21,573	-30,191	-44,242	-58,060	-65,932	-59,112
Interest & Investment Income	6,827	3,855	2,333	4,346	4,494	6,059
Earnings From Equity Investments	2,268	-194.11	-11,025	-2,310	303.9	766.36
Currency Exchange Gain (Loss)	-23,777	-7,583	-10,903	-184.32	-65,350	-25,610
Other Non Operating Income (Expenses)	211.65	980.09	463.54	-4,880	-404.12	-3,780
EBT Excluding Unusual Items	77,281	70,187	44,863	51,157	61,637	52,462
Gain (Loss) on Sale of Investments	-204.54	0.26	15.72	-1,884	-29,189	10,006
Gain (Loss) on Sale of Assets	209,910	209,910	149,463	19,018	64,183	95.91
Other Unusual Items	-503.95	-503.95	-38.34	472.66	-	-
Pretax Income	288,362	281,472	194,304	68,763	96,631	62,564
Income Tax Expense	62,895	61,958	55,573	15,920	19,506	10,611
Earnings From Continuing Operations	225,467	219,514	138,731	52,843	77,125	51,952
Minority Interest in Earnings	374.45	393.52	468.02	1,532	-162.84	-405.15
Net Income	225,842	219,907	139,199	54,375	76,962	51,547
Net Income to Common	225,842	219,907	139,199	54,375	76,962	51,547
Net Income Growth	707.13%	57.98%	156.00%	-29.35%	49.30%	-31.20%
Shares Outstanding (Basic)	68	68	68	68	68	67
Shares Outstanding (Diluted)	68	68	68	68	68	67
Shares Change (YoY)	-	0.75%	0.06%	-0.81%	1.74%	-1.71%
EPS (Basic)	3298.26	3211.60	2048.20	800.59	1123.96	765.94
EPS (Diluted)	3298.26	3211.60	2048.20	800.59	1123.96	765.94
EPS Growth	-	56.80%	155.84%	-28.77%	46.74%	-30.00%
Free Cash Flow	21,491	128,677	238,867	174,629	150,275	-821,707
Free Cash Flow Per Share	313.86	1879.25	3514.74	2571.13	2194.63	-12209.69
Dividend Per Share	-	-	262.032	-	-	524.063
Gross Margin	26.92%	21.68%	22.87%	17.14%	17.40%	15.62%
Operating Margin	18.98%	14.92%	13.79%	11.22%	13.31%	11.06%
Profit Margin	37.82%	31.75%	17.73%	5.43%	5.43%	4.25%
Free Cash Flow Margin	3.60%	18.58%	30.43%	17.45%	10.61%	-67.73%
EBITDA	247,185	257,513	265,215	270,145	350,955	275,999
EBITDA Margin	41.40%	37.18%	33.78%	27.00%	24.78%	22.75%
D&A For EBITDA	133,859	154,194	156,979	157,899	162,430	141,861
EBIT	113,326	103,319	108,236	112,246	188,525	134,138
EBIT Margin	18.98%	14.92%	13.79%	11.22%	13.31%	11.06%
Effective Tax Rate	21.81%	22.01%	28.60%	23.15%	20.19%	16.96%
Revenue as Reported	597,128	692,595	785,030	1,000,602	1,416,260	1,213,143

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