Cosan S.A. (CSAN)

Income Statement (Annual)

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

Year	2021	2020	2019	2018
Revenue	25,865	20,437.84	20,611.41	16,834.77
Revenue Growth (YoY)	26.55%	-0.84%	22.43%	-
Cost of Revenue	19,864.25	14,999.82	14,616.99	12,108.31
Gross Profit	6,000.75	5,438.01	5,994.42	4,726.46
Selling, General & Admin	2,295.78	2,251.73	1,902.18	1,994.77
Other Operating Expenses	-382.6	-176.87	-404.69	-747.28
Operating Expenses	1,913.18	2,074.86	1,497.49	1,247.49
Operating Income	4,087.58	3,363.16	4,496.93	3,478.97
Interest Expense / Income	2,527.51	4,727.56	3,690.58	2,836.76
Other Expense / Income	-4,306.49	-2,726.56	-1,289.58	-1,093.73
Pretax Income	5,866.56	1,362.15	2,095.94	1,735.94
Income Tax	-445.58	502.67	779.6	760.49
Net Income	6,312.14	859.48	1,316.34	975.45
Net Income Growth	634.41%	-34.71%	34.95%	-
Shares Outstanding (Basic)	1,530	1,530	-	-
EPS (Basic)	13.76	1.87	2.87	15.99
EPS (Diluted)	13.72	1.85	2.84	16.45
EPS Growth	639.41%	-34.77%	-82.71%	-
Free Cash Flow Per Share	0.98	4.25	-	-
Dividend Per Share	0.435	-	-	-
Gross Margin	23.20%	26.61%	29.08%	28.08%
Operating Margin	15.80%	16.46%	21.82%	20.67%
Profit Margin	24.40%	4.21%	6.39%	5.79%
Free Cash Flow Margin	1.45%	7.95%	17.20%	16.34%
Effective Tax Rate	-7.60%	36.90%	37.20%	43.81%
EBITDA	10,898.45	8,430.56	8,074.39	6,624.52
EBITDA Margin	42.14%	41.25%	39.17%	39.35%
Depreciation & Amortization	2,504.38	2,340.85	2,287.88	2,051.82
EBIT	8,394.06	6,089.71	5,786.52	4,572.7
EBIT Margin	32.45%	29.80%	28.07%	27.16%

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).