GEK TERNA Holdings Real Estate Construction SA
ATHEX:GEKTERNA
Income Statement
Earnings Waterfall
GEK TERNA Holdings Real Estate Construction SA
Income Statement
GEK TERNA Holdings Real Estate Construction SA
| Sep-2003 | Dec-2003 | Mar-2004 | Jun-2004 | Sep-2004 | Dec-2004 | Mar-2005 | Jun-2005 | Sep-2005 | Dec-2005 | Mar-2006 | Jun-2006 | Sep-2006 | Dec-2006 | Mar-2007 | Jun-2007 | Sep-2007 | Dec-2007 | Mar-2008 | Jun-2008 | Sep-2008 | Dec-2008 | Mar-2009 | Jun-2009 | Sep-2009 | Dec-2009 | Mar-2010 | Jun-2010 | Sep-2010 | Dec-2010 | Mar-2011 | Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Jun-2017 | Dec-2017 | Jun-2018 | Dec-2018 | Jun-2019 | Dec-2019 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | Jun-2024 | Dec-2024 | Jun-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
0
|
0
|
0
|
0
|
0
|
8
|
0
|
0
|
0
|
12
|
0
|
0
|
0
|
13
|
0
|
0
|
0
|
18
|
0
|
0
|
0
|
23
|
0
|
0
|
0
|
20
|
0
|
0
|
0
|
21
|
0
|
0
|
0
|
49
|
0
|
0
|
0
|
45
|
0
|
0
|
0
|
47
|
0
|
0
|
0
|
46
|
0
|
0
|
0
|
46
|
0
|
63
|
0
|
84
|
42
|
82
|
73
|
63
|
66
|
74
|
80
|
91
|
93
|
98
|
106
|
135
|
187
|
|
| Revenue |
11
N/A
|
12
+13%
|
109
+806%
|
269
+148%
|
318
+18%
|
286
-10%
|
392
+37%
|
283
-28%
|
305
+8%
|
274
-10%
|
264
-4%
|
289
+9%
|
299
+3%
|
337
+13%
|
376
+12%
|
402
+7%
|
419
+4%
|
446
+6%
|
490
+10%
|
536
+9%
|
600
+12%
|
669
+11%
|
680
+2%
|
747
+10%
|
775
+4%
|
765
-1%
|
753
-2%
|
675
-10%
|
642
-5%
|
606
-6%
|
640
+6%
|
745
+16%
|
806
+8%
|
857
+6%
|
845
-1%
|
748
-12%
|
699
-7%
|
673
-4%
|
610
-9%
|
611
+0%
|
597
-2%
|
730
+22%
|
670
-8%
|
749
+12%
|
839
+12%
|
924
+10%
|
988
+7%
|
984
0%
|
950
-3%
|
972
+2%
|
605
-38%
|
1 186
+96%
|
1 264
+7%
|
1 403
+11%
|
1 286
-8%
|
1 156
-10%
|
1 009
-13%
|
892
-12%
|
911
+2%
|
1 144
+26%
|
2 166
+89%
|
3 938
+82%
|
3 974
+1%
|
3 252
-18%
|
3 117
-4%
|
3 250
+4%
|
3 844
+18%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(6)
|
(7)
|
(90)
|
(213)
|
(252)
|
(221)
|
(299)
|
(213)
|
(236)
|
(214)
|
(205)
|
(230)
|
(232)
|
(276)
|
(314)
|
(341)
|
(357)
|
(379)
|
(417)
|
(459)
|
(528)
|
(586)
|
(599)
|
(661)
|
(683)
|
(672)
|
(660)
|
(594)
|
(564)
|
(539)
|
(573)
|
(663)
|
(723)
|
(752)
|
(740)
|
(643)
|
(598)
|
(605)
|
(563)
|
(564)
|
(545)
|
(646)
|
(592)
|
(682)
|
(778)
|
(861)
|
(916)
|
(926)
|
(880)
|
(862)
|
(471)
|
(950)
|
(1 042)
|
(1 164)
|
(1 052)
|
(919)
|
(805)
|
(704)
|
(714)
|
(889)
|
(1 810)
|
(3 333)
|
(3 414)
|
(2 916)
|
(2 790)
|
(2 913)
|
(3 432)
|
|
| Gross Profit |
4
N/A
|
5
+5%
|
18
+298%
|
56
+208%
|
66
+17%
|
66
0%
|
93
+41%
|
70
-25%
|
68
-2%
|
61
-11%
|
59
-3%
|
59
+1%
|
67
+13%
|
60
-10%
|
62
+3%
|
61
-3%
|
62
+2%
|
67
+8%
|
72
+8%
|
77
+6%
|
73
-5%
|
83
+13%
|
81
-2%
|
86
+5%
|
92
+8%
|
93
+1%
|
93
0%
|
81
-12%
|
78
-4%
|
67
-14%
|
67
N/A
|
82
+23%
|
83
+0%
|
105
+27%
|
105
+0%
|
105
0%
|
101
-4%
|
68
-33%
|
48
-30%
|
48
0%
|
52
+9%
|
84
+61%
|
77
-8%
|
67
-13%
|
61
-9%
|
63
+2%
|
72
+15%
|
58
-19%
|
70
+21%
|
109
+56%
|
134
+22%
|
235
+76%
|
223
-5%
|
239
+7%
|
234
-2%
|
237
+1%
|
204
-14%
|
188
-8%
|
198
+5%
|
255
+29%
|
356
+40%
|
606
+70%
|
561
-7%
|
336
-40%
|
327
-3%
|
337
+3%
|
412
+22%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(1)
|
3
|
1
|
(5)
|
(15)
|
(20)
|
(20)
|
(11)
|
(6)
|
(20)
|
(6)
|
(14)
|
(17)
|
(12)
|
(5)
|
2
|
3
|
12
|
8
|
1
|
2
|
(25)
|
(32)
|
21
|
21
|
(27)
|
(28)
|
(84)
|
(87)
|
(39)
|
(36)
|
(35)
|
(34)
|
(36)
|
(27)
|
(28)
|
(28)
|
(36)
|
(38)
|
(54)
|
(71)
|
(78)
|
(96)
|
(78)
|
(52)
|
(70)
|
(55)
|
(53)
|
(60)
|
(29)
|
(20)
|
(28)
|
(44)
|
(79)
|
(85)
|
(73)
|
(69)
|
(61)
|
(63)
|
(65)
|
(106)
|
(191)
|
(165)
|
(78)
|
(76)
|
(139)
|
(166)
|
|
| Selling, General & Administrative |
(1)
|
(1)
|
(4)
|
(13)
|
(20)
|
(21)
|
(26)
|
(23)
|
(24)
|
(26)
|
(26)
|
(26)
|
(23)
|
(30)
|
(31)
|
(35)
|
(38)
|
(34)
|
(37)
|
(39)
|
(36)
|
(39)
|
(36)
|
(35)
|
(35)
|
(33)
|
(35)
|
(33)
|
(33)
|
(35)
|
(36)
|
(35)
|
(35)
|
(35)
|
(39)
|
(40)
|
(41)
|
(41)
|
(36)
|
(52)
|
(65)
|
(77)
|
(74)
|
(58)
|
(47)
|
(61)
|
(63)
|
(63)
|
(60)
|
(33)
|
(20)
|
(47)
|
(65)
|
(65)
|
(73)
|
(70)
|
(78)
|
(81)
|
(87)
|
(84)
|
(122)
|
(191)
|
(168)
|
(86)
|
(86)
|
(123)
|
(155)
|
|
| Research & Development |
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(4)
|
(5)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(3)
|
(2)
|
(3)
|
(3)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(1)
|
(1)
|
(2)
|
(1)
|
(2)
|
(4)
|
(4)
|
(4)
|
(6)
|
(5)
|
(8)
|
(7)
|
(10)
|
(6)
|
(4)
|
(7)
|
(7)
|
|
| Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
(0)
|
(3)
|
(0)
|
(3)
|
(1)
|
(6)
|
(1)
|
(6)
|
(1)
|
(7)
|
(1)
|
(7)
|
(1)
|
(7)
|
(2)
|
(9)
|
(2)
|
|
| Other Operating Expenses |
0
|
5
|
6
|
8
|
5
|
2
|
6
|
12
|
19
|
6
|
21
|
12
|
8
|
19
|
27
|
39
|
42
|
48
|
45
|
41
|
40
|
16
|
6
|
58
|
59
|
8
|
9
|
(47)
|
(49)
|
1
|
4
|
3
|
5
|
5
|
15
|
16
|
15
|
10
|
(1)
|
(1)
|
(4)
|
4
|
(18)
|
(18)
|
(2)
|
(4)
|
11
|
13
|
3
|
9
|
1
|
23
|
23
|
(10)
|
(9)
|
6
|
13
|
29
|
30
|
31
|
25
|
14
|
14
|
22
|
15
|
(1)
|
(3)
|
|
| Operating Income |
4
N/A
|
8
+105%
|
20
+146%
|
51
+161%
|
52
+0%
|
46
-10%
|
73
+59%
|
59
-20%
|
63
+7%
|
41
-35%
|
52
+28%
|
45
-14%
|
50
+11%
|
49
-3%
|
58
+18%
|
63
+10%
|
65
+3%
|
79
+21%
|
80
+2%
|
77
-4%
|
75
-2%
|
58
-24%
|
49
-14%
|
107
+116%
|
114
+7%
|
66
-42%
|
65
-2%
|
(2)
N/A
|
(9)
-309%
|
28
N/A
|
31
+13%
|
47
+51%
|
49
+4%
|
69
+41%
|
78
+13%
|
77
-1%
|
73
-6%
|
33
-55%
|
9
-72%
|
(7)
N/A
|
(19)
-192%
|
6
N/A
|
(18)
N/A
|
(11)
+41%
|
10
N/A
|
(7)
N/A
|
17
N/A
|
6
-68%
|
10
+84%
|
80
+694%
|
114
+42%
|
208
+82%
|
179
-14%
|
160
-11%
|
149
-6%
|
163
+9%
|
135
-17%
|
126
-6%
|
134
+6%
|
190
+42%
|
250
+32%
|
415
+66%
|
396
-4%
|
258
-35%
|
251
-3%
|
198
-21%
|
246
+24%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
0
|
(2)
|
4
|
(10)
|
(8)
|
13
|
27
|
36
|
35
|
(10)
|
(10)
|
(14)
|
(12)
|
(11)
|
(12)
|
(11)
|
(14)
|
(11)
|
(11)
|
(10)
|
(6)
|
(3)
|
(3)
|
(4)
|
(6)
|
52
|
31
|
31
|
25
|
(12)
|
(32)
|
(44)
|
(48)
|
(40)
|
(62)
|
(62)
|
(64)
|
(61)
|
(72)
|
(71)
|
(68)
|
(54)
|
(39)
|
(32)
|
(36)
|
(32)
|
(53)
|
(54)
|
(50)
|
(52)
|
(33)
|
(42)
|
(67)
|
(81)
|
(60)
|
(46)
|
(71)
|
(61)
|
(85)
|
(103)
|
(118)
|
(166)
|
5
|
(49)
|
(71)
|
(80)
|
(116)
|
|
| Non-Reccuring Items |
(0)
|
0
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(5)
|
(5)
|
(4)
|
0
|
(1)
|
(2)
|
(2)
|
1
|
1
|
1
|
(0)
|
(5)
|
(6)
|
(8)
|
(7)
|
(3)
|
(0)
|
(6)
|
(7)
|
(3)
|
1
|
(16)
|
(7)
|
(6)
|
(2)
|
66
|
89
|
11
|
(11)
|
(16)
|
(16)
|
(52)
|
(50)
|
|
| Gain/Loss on Disposition of Assets |
4
|
4
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
8
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
(2)
|
0
|
4
|
5
|
1
|
(2)
|
0
|
(1)
|
(1)
|
0
|
(0)
|
1
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
(0)
|
(17)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
(0)
|
(18)
|
0
|
0
|
0
|
(15)
|
1
|
1
|
(0)
|
(24)
|
0
|
0
|
0
|
(11)
|
0
|
(2)
|
(2)
|
(6)
|
0
|
(6)
|
0
|
(15)
|
(9)
|
(23)
|
(10)
|
(6)
|
(3)
|
(8)
|
(41)
|
(17)
|
(107)
|
(2)
|
(3)
|
(13)
|
3
|
|
| Pre-Tax Income |
6
N/A
|
10
+77%
|
28
+179%
|
47
+69%
|
46
-2%
|
57
+24%
|
100
+77%
|
94
-7%
|
98
+5%
|
39
-61%
|
42
+9%
|
33
-22%
|
38
+17%
|
38
-1%
|
45
+21%
|
53
+16%
|
51
-2%
|
68
+32%
|
69
+2%
|
68
-1%
|
69
+2%
|
55
-21%
|
47
-14%
|
103
+119%
|
108
+5%
|
101
-6%
|
96
-5%
|
29
-70%
|
16
-46%
|
6
-65%
|
(1)
N/A
|
3
N/A
|
0
-88%
|
10
+2 500%
|
11
+2%
|
10
-6%
|
4
-57%
|
(43)
N/A
|
(64)
-48%
|
(80)
-25%
|
(89)
-12%
|
(72)
+19%
|
(56)
+21%
|
(42)
+25%
|
(26)
+38%
|
(55)
-111%
|
(42)
+24%
|
(58)
-40%
|
(49)
+16%
|
19
N/A
|
81
+328%
|
153
+91%
|
105
-32%
|
61
-42%
|
81
+33%
|
78
-4%
|
47
-40%
|
53
+13%
|
44
-17%
|
146
+231%
|
181
+24%
|
243
+34%
|
283
+16%
|
191
-33%
|
161
-16%
|
53
-67%
|
83
+56%
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
0
|
(1)
|
(5)
|
(9)
|
(6)
|
(19)
|
(17)
|
(15)
|
(18)
|
(12)
|
(14)
|
(15)
|
(17)
|
(11)
|
(15)
|
(15)
|
(15)
|
(14)
|
(12)
|
(16)
|
(19)
|
(21)
|
(20)
|
(17)
|
(14)
|
(19)
|
(18)
|
(19)
|
(18)
|
(9)
|
(7)
|
(6)
|
(5)
|
(8)
|
(9)
|
(8)
|
(6)
|
(4)
|
(2)
|
(4)
|
(5)
|
(16)
|
(11)
|
(9)
|
(13)
|
(4)
|
(6)
|
(10)
|
(10)
|
(23)
|
(38)
|
(59)
|
(32)
|
(25)
|
(20)
|
(22)
|
(18)
|
(13)
|
(14)
|
(15)
|
(17)
|
(66)
|
(86)
|
(64)
|
(58)
|
(35)
|
(36)
|
|
| Income from Continuing Operations |
6
|
9
|
22
|
38
|
40
|
38
|
84
|
79
|
80
|
26
|
28
|
18
|
21
|
26
|
31
|
38
|
36
|
54
|
57
|
52
|
50
|
34
|
27
|
86
|
94
|
82
|
78
|
10
|
(2)
|
(3)
|
(8)
|
(3)
|
(5)
|
2
|
1
|
2
|
(1)
|
(47)
|
(66)
|
(83)
|
(94)
|
(88)
|
(68)
|
(52)
|
(39)
|
(59)
|
(48)
|
(68)
|
(59)
|
(4)
|
42
|
95
|
73
|
36
|
61
|
56
|
29
|
40
|
30
|
130
|
164
|
177
|
198
|
127
|
103
|
18
|
47
|
|
| Income to Minority Interest |
0
|
0
|
(4)
|
(9)
|
(10)
|
(17)
|
(16)
|
(14)
|
(13)
|
(8)
|
(6)
|
(6)
|
(10)
|
(14)
|
(13)
|
(13)
|
(11)
|
(17)
|
(17)
|
(17)
|
(16)
|
(11)
|
(11)
|
(5)
|
(6)
|
(10)
|
(9)
|
(10)
|
(10)
|
(5)
|
(4)
|
(7)
|
(6)
|
(7)
|
(7)
|
(7)
|
(8)
|
(5)
|
(6)
|
(4)
|
(5)
|
(2)
|
(2)
|
(1)
|
1
|
(2)
|
(8)
|
(8)
|
(10)
|
(10)
|
(7)
|
(25)
|
(31)
|
(31)
|
(37)
|
(32)
|
(31)
|
(34)
|
(35)
|
(45)
|
(49)
|
(41)
|
(20)
|
(2)
|
10
|
7
|
(3)
|
|
| Net Income (Common) |
6
N/A
|
9
+54%
|
19
+115%
|
29
+56%
|
30
+4%
|
22
-28%
|
68
+212%
|
64
-5%
|
67
+5%
|
19
-72%
|
22
+16%
|
12
-44%
|
11
-7%
|
17
+53%
|
23
+32%
|
30
+31%
|
30
+1%
|
38
+24%
|
40
+7%
|
35
-12%
|
35
-1%
|
24
-33%
|
18
-25%
|
82
+368%
|
89
+8%
|
72
-19%
|
70
-4%
|
(0)
N/A
|
(12)
-2 775%
|
(8)
+27%
|
(12)
-42%
|
(10)
+17%
|
(11)
-14%
|
(5)
+56%
|
(6)
-16%
|
(4)
+26%
|
(9)
-114%
|
(53)
-472%
|
(72)
-37%
|
(87)
-21%
|
(99)
-13%
|
(90)
+9%
|
(69)
+23%
|
(53)
+23%
|
(38)
+29%
|
(61)
-62%
|
(56)
+9%
|
(76)
-36%
|
(70)
+8%
|
(14)
+79%
|
36
N/A
|
70
+96%
|
42
-40%
|
4
-89%
|
24
+434%
|
23
-2%
|
(2)
N/A
|
13
N/A
|
(33)
N/A
|
50
N/A
|
115
+131%
|
137
+18%
|
185
+36%
|
110
-41%
|
101
-9%
|
780
+675%
|
788
+1%
|
|
| EPS (Diluted) |
0.27
N/A
|
0.4
+48%
|
0.66
+65%
|
1.04
+58%
|
1.08
+4%
|
0.33
-69%
|
1.03
+212%
|
0.96
-7%
|
1.02
+6%
|
0.29
-72%
|
0.33
+14%
|
0.18
-45%
|
0.17
-6%
|
0.26
+53%
|
0.34
+31%
|
0.45
+32%
|
0.46
+2%
|
0.57
+24%
|
0.47
-18%
|
0.54
+15%
|
0.54
N/A
|
0.32
-41%
|
0.21
-34%
|
0.98
+367%
|
1.04
+6%
|
0.86
-17%
|
0.82
-5%
|
-0.01
N/A
|
-0.14
-1 300%
|
-0.1
+29%
|
-0.14
-40%
|
-0.12
+14%
|
-0.13
-8%
|
-0.06
+54%
|
-0.07
-17%
|
-0.05
+29%
|
-0.11
-120%
|
-0.62
-464%
|
-0.84
-35%
|
-1.02
-21%
|
-1.16
-14%
|
-1.05
+9%
|
-0.8
+24%
|
-0.48
+40%
|
-0.43
+10%
|
-0.66
-53%
|
-0.54
+18%
|
-0.74
-37%
|
-0.68
+8%
|
-0.15
+78%
|
0.36
N/A
|
0.72
+100%
|
0.43
-40%
|
0.05
-88%
|
0.24
+380%
|
0.24
N/A
|
-0.02
N/A
|
0.13
N/A
|
-0.34
N/A
|
0.51
N/A
|
1.2
+135%
|
1.42
+18%
|
1.96
+38%
|
1.16
-41%
|
1.03
-11%
|
7.88
+665%
|
7.86
0%
|
|