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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	29,228	29,179	28,613	24,787	18,059	23,716
Revenue Growth (YoY)	2.92%	1.98%	15.44%	37.25%	-23.85%	-1.06%
Cost of Revenue	24,474	25,191	23,318	19,955	15,129	20,366
Gross Profit	4,754	3,988	5,295	4,832	2,930	3,350
Selling, General & Admin	2,831	2,724	2,641	2,301	2,083	2,310
Other Operating Expenses	179.47	149.2	104.27	74.92	21.72	42.88
Operating Expenses	3,011	2,873	2,745	2,376	2,105	2,396
Operating Income	1,743	1,115	2,550	2,455	825.61	954.09
Interest Expense	-609.67	-620.1	-344.08	-315.45	-375.62	-409.42
Interest & Investment Income	179.48	181.84	108.12	65.61	44.43	51.34
Earnings From Equity Investments	256.11	241.06	189.47	219.2	-25.23	-91.13
Currency Exchange Gain (Loss)	-124.68	-187.21	-33.72	6.13	-26.15	-39.28
Other Non Operating Income (Expenses)	-79.76	-82.92	-120.74	-68.34	-39.93	-31.79
EBT Excluding Unusual Items	1,365	648.11	2,349	2,362	403.11	433.81
Merger & Restructuring Charges	-28.69	-191.9	-83.62	-23.8	-39.34	-35.14
Gain (Loss) on Sale of Investments	313.57	-	-	72.97	-	-
Gain (Loss) on Sale of Assets	38.64	36.51	99.79	250.02	31.7	100.88
Asset Writedown	-265.18	-213.8	-483.44	-220.99	-82.44	-170.62
Other Unusual Items	-13.51	-37.55	-32.8	-40.63	-21.02	19.07
Pretax Income	1,550	447.06	1,852	2,402	296.03	350.36
Income Tax Expense	456.55	145.57	386.94	553.14	90.04	124.51
Earnings From Continuing Operations	1,093	301.49	1,465	1,849	205.99	225.86
Earnings From Discontinued Operations	48.59	91.12	58.23	-	-	-
Net Income to Company	1,142	392.61	1,523	1,849	205.99	225.86
Minority Interest in Earnings	-55.75	-43.71	-57.09	-67.89	-15.33	-53.84
Net Income	1,086	348.89	1,466	1,781	190.65	172.02
Net Income to Common	1,086	348.89	1,466	1,781	190.65	172.02
Net Income Growth	524.01%	-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)	0.84	0.27	1.13	1.37	0.15	0.13
EPS (Diluted)	0.84	0.27	1.13	1.37	0.15	0.13
EPS Growth	524.01%	-76.20%	-17.68%	834.14%	10.83%	-83.93%
Free Cash Flow	1,147	232.29	-512.88	164.7	126.01	-317.88
Free Cash Flow Per Share	0.88	0.18	-0.39	0.13	0.10	-0.24
Dividend Per Share	0.233	0.136	0.520	0.713	0.049	0.043
Dividend Growth	-28.75%	-73.87%	-27.13%	1370.72%	14.12%	-88.05%
Gross Margin	16.27%	13.67%	18.51%	19.49%	16.23%	14.13%
Operating Margin	5.97%	3.82%	8.91%	9.91%	4.57%	4.02%
Profit Margin	3.72%	1.20%	5.12%	7.19%	1.06%	0.73%
Free Cash Flow Margin	3.92%	0.80%	-1.79%	0.66%	0.70%	-1.34%
EBITDA	2,563	1,957	3,233	3,115	1,522	1,684
EBITDA Margin	8.77%	6.71%	11.30%	12.57%	8.43%	7.10%
D&A For EBITDA	819.15	841.38	683.21	660.08	696.14	730.19
EBIT	1,743	1,115	2,550	2,455	825.61	954.09
EBIT Margin	5.96%	3.82%	8.91%	9.91%	4.57%	4.02%
Effective Tax Rate	29.46%	32.56%	20.89%	23.03%	30.42%	35.54%

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