Empresa Eléctrica de Magallanes S.A. (SNSE: EDELMAG)

EDELMAG Income Statement

Financials in millions CLP. 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	55,105	55,309	46,308	40,887	42,814	41,639
Revenue Growth (YoY)	1.43%	19.44%	13.26%	-4.50%	2.82%	12.11%
Selling, General & Admin	5,989	5,473	4,776	4,960	5,903	5,111
Depreciation & Amortization	11.16	-	-	218.68	-	-
Amortization of Goodwill & Intangibles	105.19	105.19	101.73	1.9	-	-
Provision for Bad Debts	357.83	314.98	10.71	-241.89	571.64	100.16
Other Operating Expenses	35,286	35,209	31,277	27,520	25,082	27,049
Total Operating Expenses	41,750	41,101	36,165	32,459	31,557	32,260
Operating Income	13,355	14,208	10,143	8,428	11,257	9,379
Interest Expense	-2,792	-2,781	-1,280	-162.68	-278.21	-327.66
Interest Income	315.97	502.33	169.27	3.89	16.57	29.36
Net Interest Expense	-2,476	-2,279	-1,111	-158.8	-261.63	-298.3
Currency Exchange Gain (Loss)	141.76	-807.41	271.51	734.96	12.68	-29.8
Other Non-Operating Income (Expenses)	110.95	139.3	90.2	89.04	-63.77	119.81
EBT Excluding Unusual Items	11,132	11,261	9,394	9,093	10,944	9,171
Gain (Loss) on Sale of Assets	-	71.98	-	692.16	0.99	3.87
Asset Writedown	4.12	14.45	35.45	64.98	-608.16	-388.8
Legal Settlements	46.48	-0.02	-0.06	-29	-37.76	-35.68
Pretax Income	11,182	11,347	9,429	9,821	10,300	8,750
Income Tax Expense	2,758	2,695	1,727	2,330	2,665	2,252
Earnings From Continuing Ops.	8,424	8,653	7,702	7,491	7,634	6,499
Earnings From Discontinued Ops.	-1,913	-3,445	-608.4	-	-	-
Net Income to Company	6,511	5,208	7,094	7,491	7,634	6,499
Minority Interest in Earnings	158.79	311.94	60.84	9.05	49.76	28.1
Net Income	6,670	5,520	7,154	7,500	7,684	6,527
Net Income to Common	6,670	5,520	7,154	7,500	7,684	6,527
Net Income Growth	-5.46%	-22.85%	-4.61%	-2.39%	17.73%	72.44%
Shares Outstanding (Basic)	13	13	13	13	13	13
Shares Outstanding (Diluted)	13	13	13	13	13	13
Shares Change (YoY)	0.00%	-	-	-	-	-
EPS (Basic)	509.86	421.97	546.91	573.37	587.40	498.93
EPS (Diluted)	509.86	421.97	546.91	573.37	587.40	498.93
EPS Growth	-5.46%	-22.85%	-4.61%	-2.39%	17.73%	72.44%
Free Cash Flow	620.17	-1,141	-1,405	-698.11	729.94	8,827
Free Cash Flow Per Share	47.41	-87.19	-107.41	-53.37	55.80	674.77
Dividend Per Share	219.000	338.000	117.000	223.000	438.000	374.000
Dividend Growth	-7.20%	188.89%	-47.53%	-49.09%	17.11%	30.31%
Profit Margin	12.10%	9.98%	15.45%	18.34%	17.95%	15.67%
Free Cash Flow Margin	1.13%	-2.06%	-3.03%	-1.71%	1.70%	21.20%
EBITDA	18,561	19,222	14,971	11,972	14,864	14,846
EBITDA Margin	33.68%	34.75%	32.33%	29.28%	34.72%	35.65%
D&A For EBITDA	5,205	5,014	4,829	3,544	3,607	5,467
EBIT	13,355	14,208	10,143	8,428	11,257	9,379
EBIT Margin	24.24%	25.69%	21.90%	20.61%	26.29%	22.53%
Effective Tax Rate	24.67%	23.75%	18.32%	23.72%	25.88%	25.73%

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