Empresas Copec S.A. (SNSE: COPEC)

Empresas Copec Income Statement

Financials in millions USD. 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	29,195	29,179	28,613	24,787	18,059	23,716
Revenue Growth (YoY)	1.84%	1.98%	15.44%	37.25%	-23.85%	-1.06%
Cost of Revenue	24,643	25,191	23,318	19,955	15,129	20,366
Gross Profit	4,552	3,988	5,295	4,832	2,930	3,350
Selling, General & Admin	2,779	2,724	2,641	2,301	2,083	2,310
Other Operating Expenses	157.75	149.2	104.27	74.92	21.72	42.88
Operating Expenses	2,936	2,873	2,745	2,376	2,105	2,396
Operating Income	1,615	1,115	2,550	2,455	825.61	954.09
Interest Expense	-615.21	-620.1	-344.08	-315.45	-375.62	-409.42
Interest & Investment Income	185.53	181.84	108.12	65.61	44.43	51.34
Earnings From Equity Investments	238.15	241.06	189.47	219.2	-25.23	-91.13
Currency Exchange Gain (Loss)	-184.52	-187.21	-33.72	6.13	-26.15	-39.28
Other Non Operating Income (Expenses)	-70.82	-82.92	-120.74	-68.34	-39.93	-31.79
EBT Excluding Unusual Items	1,169	648.11	2,349	2,362	403.11	433.81
Merger & Restructuring Charges	-61.02	-191.9	-83.62	-23.8	-39.34	-35.14
Gain (Loss) on Sale of Investments	0	-	-	72.97	-	-
Gain (Loss) on Sale of Assets	35.85	36.51	99.79	250.02	31.7	100.88
Asset Writedown	-318.34	-213.8	-483.44	-220.99	-82.44	-170.62
Other Unusual Items	-13.44	-37.55	-32.8	-40.63	-21.02	19.07
Pretax Income	954.77	447.06	1,852	2,402	296.03	350.36
Income Tax Expense	304.9	145.57	386.94	553.14	90.04	124.51
Earnings From Continuing Operations	649.88	301.49	1,465	1,849	205.99	225.86
Earnings From Discontinued Operations	69.88	91.12	58.23	-	-	-
Net Income to Company	719.76	392.61	1,523	1,849	205.99	225.86
Minority Interest in Earnings	-68.88	-43.71	-57.09	-67.89	-15.33	-53.84
Net Income	650.88	348.89	1,466	1,781	190.65	172.02
Net Income to Common	650.88	348.89	1,466	1,781	190.65	172.02
Net Income Growth	-4.12%	-76.20%	-17.68%	834.13%	10.83%	-83.93%
Shares Outstanding (Basic)	1,300	1,300	1,300	1,300	1,300	1,300
Shares Outstanding (Diluted)	1,300	1,300	1,300	1,300	1,300	1,300
EPS (Basic)	0.50	0.27	1.13	1.37	0.15	0.13
EPS (Diluted)	0.50	0.27	1.13	1.37	0.15	0.13
EPS Growth	-4.12%	-76.20%	-17.68%	834.14%	10.83%	-83.93%
Free Cash Flow	774.53	232.29	-512.88	164.7	126.01	-317.88
Free Cash Flow Per Share	0.60	0.18	-0.39	0.13	0.10	-0.24
Dividend Per Share	0.097	0.136	0.520	0.713	0.049	0.043
Dividend Growth	-82.74%	-73.87%	-27.13%	1370.72%	14.12%	-88.05%
Gross Margin	15.59%	13.67%	18.51%	19.49%	16.23%	14.13%
Operating Margin	5.53%	3.82%	8.91%	9.91%	4.57%	4.02%
Profit Margin	2.23%	1.20%	5.12%	7.19%	1.06%	0.73%
Free Cash Flow Margin	2.65%	0.80%	-1.79%	0.66%	0.70%	-1.34%
EBITDA	2,452	1,957	3,233	3,115	1,522	1,684
EBITDA Margin	8.40%	6.71%	11.30%	12.57%	8.43%	7.10%
D&A For EBITDA	836.69	841.38	683.21	660.08	696.14	730.19
EBIT	1,615	1,115	2,550	2,455	825.61	954.09
EBIT Margin	5.53%	3.82%	8.91%	9.91%	4.57%	4.02%
Effective Tax Rate	31.93%	32.56%	20.89%	23.03%	30.42%	35.54%

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