Suzano SA
BOVESPA:SUZB3
Income Statement
Earnings Waterfall
Suzano SA
Revenue
|
39.8B
BRL
|
Cost of Revenue
|
-25.1B
BRL
|
Gross Profit
|
14.7B
BRL
|
Operating Expenses
|
-4.1B
BRL
|
Operating Income
|
10.6B
BRL
|
Other Expenses
|
3.5B
BRL
|
Net Income
|
14.1B
BRL
|
Income Statement
Suzano SA
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
5 689
N/A
|
5 914
+4%
|
6 289
+6%
|
6 748
+7%
|
7 265
+8%
|
8 012
+10%
|
8 686
+8%
|
9 692
+12%
|
10 224
+5%
|
10 785
+5%
|
10 906
+1%
|
10 094
-7%
|
9 882
-2%
|
9 428
-5%
|
9 454
+0%
|
9 876
+4%
|
10 521
+7%
|
11 266
+7%
|
11 940
+6%
|
13 351
+12%
|
13 437
+1%
|
16 137
+20%
|
19 599
+21%
|
22 193
+13%
|
26 013
+17%
|
27 295
+5%
|
28 625
+5%
|
29 496
+3%
|
30 460
+3%
|
32 369
+6%
|
34 217
+6%
|
37 508
+10%
|
40 965
+9%
|
41 819
+2%
|
43 494
+4%
|
46 931
+8%
|
49 831
+6%
|
51 364
+3%
|
49 004
-5%
|
43 754
-11%
|
39 756
-9%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(4 192)
|
(4 312)
|
(4 660)
|
(5 024)
|
(5 356)
|
(5 734)
|
(5 954)
|
(6 128)
|
(6 184)
|
(6 389)
|
(6 522)
|
(6 420)
|
(6 572)
|
(6 545)
|
(6 377)
|
(6 375)
|
(6 449)
|
(6 469)
|
(6 634)
|
(7 046)
|
(6 918)
|
(10 057)
|
(13 601)
|
(16 624)
|
(20 743)
|
(20 839)
|
(20 390)
|
(19 846)
|
(18 871)
|
(18 896)
|
(18 901)
|
(19 758)
|
(20 616)
|
(21 203)
|
(22 549)
|
(23 721)
|
(24 821)
|
(25 357)
|
(25 462)
|
(25 094)
|
(25 077)
|
|
Gross Profit |
1 496
N/A
|
1 602
+7%
|
1 629
+2%
|
1 724
+6%
|
1 909
+11%
|
2 278
+19%
|
2 732
+20%
|
3 564
+30%
|
4 040
+13%
|
4 396
+9%
|
4 384
0%
|
3 674
-16%
|
3 311
-10%
|
2 883
-13%
|
3 077
+7%
|
3 501
+14%
|
4 071
+16%
|
4 797
+18%
|
5 306
+11%
|
6 304
+19%
|
6 519
+3%
|
6 080
-7%
|
5 998
-1%
|
5 569
-7%
|
5 269
-5%
|
6 456
+23%
|
8 236
+28%
|
9 650
+17%
|
11 589
+20%
|
13 472
+16%
|
15 317
+14%
|
17 750
+16%
|
20 350
+15%
|
20 616
+1%
|
20 946
+2%
|
23 210
+11%
|
25 010
+8%
|
26 007
+4%
|
23 542
-9%
|
18 660
-21%
|
14 679
-21%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(529)
|
(382)
|
(496)
|
(498)
|
(762)
|
(663)
|
(719)
|
(797)
|
(916)
|
(929)
|
(922)
|
(1 002)
|
(1 680)
|
(1 704)
|
(1 711)
|
(1 656)
|
(782)
|
(832)
|
(966)
|
(1 036)
|
(1 378)
|
(1 883)
|
(2 172)
|
(2 467)
|
(2 795)
|
(2 828)
|
(2 999)
|
(3 198)
|
(3 511)
|
(3 643)
|
(3 658)
|
(3 756)
|
(3 814)
|
(3 799)
|
(3 966)
|
(4 118)
|
(4 269)
|
(4 399)
|
(4 583)
|
(4 397)
|
(4 102)
|
|
Selling, General & Administrative |
(625)
|
(632)
|
(644)
|
(652)
|
(674)
|
(707)
|
(748)
|
(799)
|
(840)
|
(856)
|
(851)
|
(836)
|
(806)
|
(817)
|
(824)
|
(848)
|
(925)
|
(981)
|
(1 119)
|
(1 247)
|
(1 385)
|
(1 664)
|
(1 825)
|
(1 981)
|
(2 148)
|
(2 179)
|
(2 252)
|
(2 307)
|
(2 544)
|
(2 671)
|
(2 658)
|
(2 733)
|
(2 796)
|
(2 740)
|
(2 901)
|
(3 021)
|
(3 140)
|
(3 224)
|
(3 285)
|
(3 407)
|
(3 449)
|
|
Depreciation & Amortization |
(17)
|
(22)
|
(28)
|
(28)
|
(35)
|
(32)
|
(34)
|
(42)
|
(46)
|
(48)
|
(49)
|
(48)
|
(45)
|
(44)
|
(43)
|
(42)
|
(43)
|
(43)
|
(44)
|
(45)
|
(49)
|
(276)
|
(504)
|
(744)
|
(978)
|
(1 008)
|
(1 016)
|
(1 018)
|
(1 000)
|
(995)
|
(1 011)
|
(1 020)
|
(1 053)
|
(1 053)
|
(1 054)
|
(1 054)
|
(1 053)
|
(1 055)
|
(1 058)
|
(1 063)
|
(1 071)
|
|
Other Operating Expenses |
113
|
272
|
175
|
181
|
(53)
|
77
|
64
|
44
|
(31)
|
(25)
|
(22)
|
(118)
|
(829)
|
(844)
|
(844)
|
(767)
|
187
|
193
|
197
|
256
|
56
|
57
|
156
|
258
|
331
|
359
|
269
|
128
|
33
|
24
|
12
|
(3)
|
35
|
(6)
|
(11)
|
(44)
|
(76)
|
(120)
|
(241)
|
72
|
418
|
|
Operating Income |
967
N/A
|
1 220
+26%
|
1 133
-7%
|
1 226
+8%
|
1 147
-6%
|
1 616
+41%
|
2 013
+25%
|
2 768
+37%
|
3 124
+13%
|
3 467
+11%
|
3 462
0%
|
2 672
-23%
|
1 631
-39%
|
1 180
-28%
|
1 366
+16%
|
1 845
+35%
|
3 290
+78%
|
3 965
+21%
|
4 340
+9%
|
5 268
+21%
|
5 141
-2%
|
4 197
-18%
|
3 826
-9%
|
3 102
-19%
|
2 475
-20%
|
3 628
+47%
|
5 236
+44%
|
6 453
+23%
|
8 078
+25%
|
9 830
+22%
|
11 659
+19%
|
13 994
+20%
|
16 536
+18%
|
16 817
+2%
|
16 979
+1%
|
19 092
+12%
|
20 740
+9%
|
21 608
+4%
|
18 959
-12%
|
14 262
-25%
|
10 577
-26%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(1 111)
|
(1 128)
|
(512)
|
(793)
|
(1 433)
|
(2 973)
|
(2 839)
|
(5 001)
|
(4 393)
|
(1 935)
|
(2 210)
|
229
|
1 230
|
(296)
|
(752)
|
(236)
|
(850)
|
(1 091)
|
(4 405)
|
(6 714)
|
(4 427)
|
(6 410)
|
(2 205)
|
(6 529)
|
(5 975)
|
(26 504)
|
(32 259)
|
(29 640)
|
(25 056)
|
(11 327)
|
4 064
|
267
|
(8 890)
|
12 670
|
(4 041)
|
2 267
|
7 077
|
(3 415)
|
8 113
|
8 651
|
6 185
|
|
Non-Reccuring Items |
(117)
|
(144)
|
(142)
|
(154)
|
(42)
|
(59)
|
(64)
|
(35)
|
(54)
|
(52)
|
(53)
|
(57)
|
(307)
|
(302)
|
(287)
|
(279)
|
(38)
|
(47)
|
(55)
|
(63)
|
(143)
|
(149)
|
(70)
|
(95)
|
122
|
133
|
175
|
135
|
339
|
836
|
1 604
|
1 694
|
1 593
|
1 113
|
393
|
387
|
1 198
|
1 223
|
2 387
|
2 083
|
1 659
|
|
Total Other Income |
(20)
|
3
|
(19)
|
(405)
|
(35)
|
(407)
|
(406)
|
(30)
|
(36)
|
(36)
|
943
|
892
|
(136)
|
795
|
(195)
|
(205)
|
(163)
|
(206)
|
(187)
|
(107)
|
(407)
|
(202)
|
(355)
|
(549)
|
(719)
|
(699)
|
(697)
|
(1 050)
|
(1 003)
|
(945)
|
(843)
|
(570)
|
(405)
|
(383)
|
(451)
|
(292)
|
(360)
|
(309)
|
(360)
|
(3 128)
|
(424)
|
|
Pre-Tax Income |
(280)
N/A
|
(50)
+82%
|
459
N/A
|
(126)
N/A
|
(364)
-189%
|
(1 824)
-401%
|
(1 295)
+29%
|
(2 298)
-77%
|
(1 359)
+41%
|
1 444
N/A
|
2 142
+48%
|
3 736
+74%
|
2 418
-35%
|
1 377
-43%
|
132
-90%
|
1 126
+752%
|
2 239
+99%
|
2 622
+17%
|
(308)
N/A
|
(1 616)
-425%
|
163
N/A
|
(2 564)
N/A
|
1 197
N/A
|
(4 070)
N/A
|
(4 097)
-1%
|
(23 441)
-472%
|
(27 545)
-18%
|
(24 104)
+12%
|
(17 642)
+27%
|
(1 607)
+91%
|
16 483
N/A
|
15 385
-7%
|
8 833
-43%
|
30 218
+242%
|
12 881
-57%
|
21 454
+67%
|
28 656
+34%
|
19 108
-33%
|
29 099
+52%
|
21 869
-25%
|
17 997
-18%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
59
|
(12)
|
(176)
|
4
|
102
|
599
|
428
|
834
|
433
|
(483)
|
(681)
|
(1 264)
|
(726)
|
(359)
|
130
|
(116)
|
(432)
|
(451)
|
431
|
830
|
155
|
841
|
(372)
|
1 543
|
1 282
|
8 437
|
9 788
|
8 649
|
6 927
|
1 556
|
(4 445)
|
(3 149)
|
(197)
|
(8 521)
|
(1 039)
|
(3 204)
|
(5 261)
|
(776)
|
(5 872)
|
(4 818)
|
(3 891)
|
|
Income from Continuing Operations |
(220)
|
(61)
|
283
|
(122)
|
(262)
|
(1 225)
|
(867)
|
(1 464)
|
(925)
|
962
|
1 461
|
2 473
|
1 692
|
1 017
|
262
|
1 010
|
1 807
|
2 170
|
123
|
(786)
|
318
|
(1 724)
|
825
|
(2 528)
|
(2 815)
|
(15 005)
|
(17 757)
|
(15 455)
|
(10 715)
|
(51)
|
12 038
|
12 236
|
8 636
|
21 697
|
11 842
|
18 249
|
23 395
|
18 332
|
23 227
|
17 051
|
14 106
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(0)
|
2
|
3
|
3
|
(3)
|
(9)
|
(14)
|
(16)
|
(10)
|
(8)
|
(5)
|
(5)
|
(9)
|
(9)
|
(13)
|
(14)
|
(13)
|
(17)
|
(16)
|
(17)
|
(22)
|
|
Net Income (Common) |
(220)
N/A
|
(61)
+72%
|
283
N/A
|
(122)
N/A
|
(262)
-114%
|
(1 225)
-368%
|
(867)
+29%
|
(1 464)
-69%
|
(925)
+37%
|
962
N/A
|
1 461
+52%
|
2 473
+69%
|
1 692
-32%
|
1 017
-40%
|
262
-74%
|
1 010
+286%
|
1 807
+79%
|
2 170
+20%
|
122
-94%
|
(786)
N/A
|
318
N/A
|
(1 722)
N/A
|
829
N/A
|
(2 525)
N/A
|
(2 818)
-12%
|
(15 013)
-433%
|
(17 771)
-18%
|
(15 471)
+13%
|
(10 725)
+31%
|
(60)
+99%
|
12 033
N/A
|
12 231
+2%
|
8 626
-29%
|
21 688
+151%
|
11 829
-45%
|
18 236
+54%
|
23 382
+28%
|
18 314
-22%
|
23 212
+27%
|
17 034
-27%
|
14 085
-17%
|
|
EPS (Diluted) |
-0.2
N/A
|
-0.05
+75%
|
0.27
N/A
|
-0.1
N/A
|
-0.24
-140%
|
-1.12
-367%
|
-0.79
+29%
|
-1.34
-70%
|
-0.85
+37%
|
0.88
N/A
|
1.34
+52%
|
2.27
+69%
|
1.55
-32%
|
0.94
-39%
|
0.24
-74%
|
0.92
+283%
|
1.64
+78%
|
1.98
+21%
|
0.11
-94%
|
-0.72
N/A
|
0.29
N/A
|
-1.31
N/A
|
0.59
N/A
|
-1.87
N/A
|
-2.09
-12%
|
-11.14
-433%
|
-13.17
-18%
|
-11.47
+13%
|
-7.95
+31%
|
-0.04
+99%
|
8.92
N/A
|
9.07
+2%
|
6.39
-30%
|
16.07
+151%
|
8.79
-45%
|
13.83
+57%
|
17.58
+27%
|
13.87
-21%
|
17.86
+29%
|
13.29
-26%
|
10.85
-18%
|