Aker BP ASA (OSL: AKRBP)

Aker BP ASA Income Statement

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

Fiscal Year	TTM	2023	2022	2021	2020	2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	13,417	13,580	12,896	5,640	2,868	3,339
Other Revenue	104.6	89.7	77.7	53.57	5.42	-
Revenue	13,521	13,670	12,974	5,694	2,874	3,339
Revenue Growth (YoY)	-11.60%	5.36%	127.87%	98.14%	-13.93%	-10.08%
Cost of Revenue	996.7	997.2	869	697.68	592.05	720.32
Gross Profit	12,524	12,673	12,105	4,996	2,282	2,618
Other Operating Expenses	285	286.8	192.4	163.65	96.63	148.63
Operating Expenses	2,946	2,980	2,231	1,751	1,539	1,266
Operating Income	9,579	9,692	9,874	3,245	742.86	1,352
Interest Expense	-132.7	-161.8	-107.7	-139.53	-181.68	-76.59
Interest & Investment Income	152.9	133.4	26	2.48	3.76	16.49
Currency Exchange Gain (Loss)	-89.5	144.8	39	88.78	79.51	16.68
Other Non Operating Income (Expenses)	46.8	-219.2	-24.9	-79.7	-53.75	-77.84
EBT Excluding Unusual Items	9,556	9,589	9,806	3,117	590.71	1,231
Merger & Restructuring Charges	-	-	-8	-	-	-
Impairment of Goodwill	-493.9	-792.2	-377.4	-	-65.37	-147.32
Asset Writedown	-3.1	-76.9	-643.9	-220.97	-361.65	0.51
Other Unusual Items	43.7	43.7	-	-	-	-
Pretax Income	9,103	8,764	8,777	2,896	163.69	1,084
Income Tax Expense	7,258	7,428	7,174	2,068	118.97	943.2
Net Income	1,845	1,336	1,603	827.93	44.72	141.05
Net Income to Common	1,845	1,336	1,603	827.93	44.72	141.05
Net Income Growth	26.41%	-16.67%	93.60%	1751.57%	-68.30%	-70.35%
Shares Outstanding (Basic)	631	631	497	360	360	360
Shares Outstanding (Diluted)	631	631	497	360	360	360
Shares Change (YoY)	-0.28%	27.08%	38.13%	-0.05%	-0.06%	-0.03%
EPS (Basic)	2.92	2.12	3.23	2.30	0.12	0.39
EPS (Diluted)	2.92	2.12	3.23	2.30	0.12	0.39
EPS Growth	26.76%	-34.43%	40.16%	1752.43%	-68.28%	-70.35%
Free Cash Flow	2,053	2,236	4,150	2,905	772.75	181.93
Free Cash Flow Per Share	3.25	3.54	8.35	8.08	2.15	0.51
Dividend Per Share	2.300	2.200	2.000	1.360	1.180	2.080
Dividend Growth	6.98%	10.00%	47.06%	15.25%	-43.27%	66.45%
Gross Margin	92.63%	92.70%	93.30%	87.75%	79.40%	78.42%
Operating Margin	70.84%	70.90%	76.10%	56.99%	25.85%	40.50%
Profit Margin	13.64%	9.77%	12.35%	14.54%	1.56%	4.22%
Free Cash Flow Margin	15.18%	16.35%	31.98%	51.03%	26.89%	5.45%
EBITDA	12,036	12,237	11,772	4,531	2,108	2,269
EBITDA Margin	89.02%	89.52%	90.73%	79.58%	73.37%	67.97%
D&A For EBITDA	2,457	2,544	1,898	1,286	1,366	917.07
EBIT	9,579	9,692	9,874	3,245	742.86	1,352
EBIT Margin	70.84%	70.90%	76.10%	56.99%	25.85%	40.50%
Effective Tax Rate	79.74%	84.76%	81.74%	71.41%	72.68%	86.99%
Revenue as Reported	13,523	13,670	13,010	5,669	2,979	3,347

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