Pembina Pipeline Corporation (PBA)

Income Statement (Annual)

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

Year	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012 - 2011
Revenue	11,611	8,627	5,953	6,372	7,351	5,400	4,265	4,635	6,069	5,006	Upgrade
Revenue Growth (YoY)	34.59%	44.92%	-6.58%	-13.32%	36.13%	26.61%	-7.98%	-23.63%	21.23%	46.08%	Upgrade
Cost of Revenue	8,488	5,980	3,945	3,930	5,024	3,926	3,264	3,769	5,193	4,213	Upgrade
Gross Profit	3,123	2,647	2,008	2,442	2,327	1,474	1,001	866	876	793	Upgrade
Selling, General & Admin	399	306	246	296	279	236	195	157	156	132	Upgrade
Other Operating Expenses	0	474	1,776	300	27	28	0	24	18	1	Upgrade
Operating Expenses	399	780	2,022	596	306	264	195	181	174	133	Upgrade
Operating Income	2,724	1,867	-14	1,846	2,021	1,210	806	685	702	660	Upgrade
Interest Expense / Income	486	450	420	289	279	185	153	71	130	166	Upgrade
Other Expense / Income	-852	-104	142	146	-	-	-2	9	22	-	Upgrade
Pretax Income	3,090	1,521	-576	1,411	1,742	1,025	655	605	550	494	Upgrade
Income Tax	248	423	-100	35	464	142	189	199	167	143	Upgrade
Net Income	2,842	1,098	-476	1,376	1,278	883	466	406	383	351	Upgrade
Preferred Dividends	0	0	0	0	121	80	0	0	0	0	Upgrade
Net Income Common	2,842	1,098	-476	1,376	1,157	803	466	406	383	351	Upgrade
Net Income Growth	158.83%	-	-	18.93%	44.08%	72.32%	14.78%	6.01%	9.12%	56.00%	Upgrade
Shares Outstanding (Basic)	553	550	550	512	505	426	388	347	326	307	Upgrade
Shares Outstanding (Diluted)	554	551	550	514	509	432	389	348	328	308	Upgrade
Shares Change	0.54%	0.18%	7.00%	0.98%	17.82%	11.05%	11.78%	6.10%	6.49%	12.33%	Upgrade
EPS (Basic)	5.14	2.00	-0.86	2.69	2.28	1.87	1.02	1.02	1.07	1.12	Upgrade
EPS (Diluted)	5.12	1.99	-0.86	2.68	2.28	1.86	1.01	1.02	1.06	1.12	Upgrade
EPS Growth	157.29%	-	-	17.54%	22.58%	84.16%	-0.98%	-3.77%	-5.36%	28.74%	Upgrade
Free Cash Flow	2,324	1,992	1,223	887	1,030	-326	-668	-1,010	-612	-195	Upgrade
Free Cash Flow Per Share	4.20	3.62	2.22	1.73	2.04	-0.77	-1.72	-2.91	-1.88	-0.64	Upgrade
Dividend Per Share	1.961	2.006	2.269	2.228	1.723	1.575	1.432	1.410	1.555	1.601	Upgrade
Dividend Growth	-2.24%	-11.59%	1.84%	29.31%	9.40%	9.99%	1.56%	-9.32%	-2.87%	-0.37%	Upgrade
Gross Margin	26.90%	30.68%	33.73%	38.32%	31.66%	27.30%	23.47%	18.68%	14.43%	15.84%	Upgrade
Operating Margin	23.46%	21.64%	-0.24%	28.97%	27.49%	22.41%	18.90%	14.78%	11.57%	13.18%	Upgrade
Profit Margin	24.48%	12.73%	-8.00%	21.59%	15.74%	14.87%	10.93%	8.76%	6.31%	7.01%	Upgrade
Free Cash Flow Margin	20.02%	23.09%	20.54%	13.92%	14.01%	-6.04%	-15.66%	-21.79%	-10.08%	-3.90%	Upgrade
Effective Tax Rate	8.03%	27.81%	-	2.48%	26.64%	13.85%	28.85%	32.89%	30.36%	28.95%	Upgrade
EBITDA	4,259	2,694	544	2,207	2,438	1,592	1,101	939	906	831	Upgrade
EBITDA Margin	36.68%	31.23%	9.14%	34.64%	33.17%	29.48%	25.81%	20.26%	14.93%	16.60%	Upgrade
Depreciation & Amortization	683	723	700	507	417	382	293	263	226	171	Upgrade
EBIT	3,576	1,971	-156	1,700	2,021	1,210	808	676	680	660	Upgrade
EBIT Margin	30.80%	22.85%	-2.62%	26.68%	27.49%	22.41%	18.94%	14.58%	11.20%	13.18%	Upgrade

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