Copenhagen Airports A/S
CSE:KBHL
Income Statement
Earnings Waterfall
Copenhagen Airports A/S
Revenue
|
4.1B
DKK
|
Cost of Revenue
|
-156m
DKK
|
Gross Profit
|
3.9B
DKK
|
Operating Expenses
|
-3.2B
DKK
|
Operating Income
|
732m
DKK
|
Other Expenses
|
-468m
DKK
|
Net Income
|
264m
DKK
|
Income Statement
Copenhagen Airports A/S
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 |
3 645
N/A
|
3 689
+1%
|
3 773
+2%
|
3 834
+2%
|
3 868
+1%
|
3 908
+1%
|
3 914
+0%
|
3 969
+1%
|
4 062
+2%
|
4 156
+2%
|
4 255
+2%
|
4 359
+2%
|
4 422
+1%
|
4 452
+1%
|
4 460
+0%
|
4 463
+0%
|
4 439
-1%
|
4 456
+0%
|
4 450
0%
|
4 459
+0%
|
4 445
0%
|
4 404
-1%
|
4 388
0%
|
4 346
-1%
|
4 346
0%
|
4 138
-5%
|
3 181
-23%
|
2 372
-25%
|
1 576
-34%
|
1 001
-36%
|
1 089
+9%
|
1 324
+22%
|
1 761
+33%
|
2 149
+22%
|
2 862
+33%
|
3 307
+16%
|
3 532
+7%
|
3 793
+7%
|
3 880
+2%
|
3 975
+2%
|
4 061
+2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(557)
|
(555)
|
(564)
|
(563)
|
(82)
|
(583)
|
(580)
|
(585)
|
(72)
|
(593)
|
(592)
|
(604)
|
(67)
|
(601)
|
(566)
|
(522)
|
(56)
|
(460)
|
(479)
|
(517)
|
(183)
|
(563)
|
(567)
|
(550)
|
(178)
|
(519)
|
(469)
|
(405)
|
(98)
|
(317)
|
(326)
|
(371)
|
(128)
|
(477)
|
(556)
|
(650)
|
(228)
|
(737)
|
(728)
|
(688)
|
(156)
|
|
Gross Profit |
3 087
N/A
|
3 134
+2%
|
3 210
+2%
|
3 271
+2%
|
3 785
+16%
|
3 325
-12%
|
3 334
+0%
|
3 384
+2%
|
3 990
+18%
|
3 563
-11%
|
3 663
+3%
|
3 755
+2%
|
4 355
+16%
|
3 851
-12%
|
3 894
+1%
|
3 941
+1%
|
4 384
+11%
|
3 997
-9%
|
3 970
-1%
|
3 942
-1%
|
4 262
+8%
|
3 841
-10%
|
3 820
-1%
|
3 796
-1%
|
4 168
+10%
|
3 620
-13%
|
2 712
-25%
|
1 967
-27%
|
1 478
-25%
|
684
-54%
|
763
+11%
|
954
+25%
|
1 633
+71%
|
1 672
+2%
|
2 306
+38%
|
2 658
+15%
|
3 304
+24%
|
3 056
-8%
|
3 152
+3%
|
3 287
+4%
|
3 905
+19%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(1 689)
|
(1 719)
|
(1 748)
|
(1 769)
|
(2 311)
|
(1 826)
|
(1 848)
|
(1 873)
|
(2 392)
|
(1 909)
|
(1 947)
|
(1 975)
|
(2 541)
|
(2 034)
|
(2 066)
|
(2 082)
|
(2 534)
|
(2 125)
|
(2 169)
|
(2 227)
|
(2 644)
|
(2 308)
|
(2 319)
|
(2 328)
|
(2 718)
|
(2 347)
|
(2 105)
|
(1 919)
|
(2 041)
|
(1 763)
|
(1 941)
|
(1 940)
|
(2 132)
|
(1 907)
|
(1 980)
|
(2 174)
|
(2 877)
|
(2 503)
|
(2 557)
|
(2 595)
|
(3 173)
|
|
Selling, General & Administrative |
(1 068)
|
(1 073)
|
(1 089)
|
(1 110)
|
(1 632)
|
(1 153)
|
(1 172)
|
(1 194)
|
(1 720)
|
(1 229)
|
(1 260)
|
(1 272)
|
(1 841)
|
(1 306)
|
(1 307)
|
(1 313)
|
(1 749)
|
(1 332)
|
(1 345)
|
(1 365)
|
(1 718)
|
(1 361)
|
(1 374)
|
(1 379)
|
(1 782)
|
(1 438)
|
(1 418)
|
(1 349)
|
(1 483)
|
(1 148)
|
(1 081)
|
(1 049)
|
(1 393)
|
(1 171)
|
(1 257)
|
(1 355)
|
(1 918)
|
(1 523)
|
(1 565)
|
(1 597)
|
(2 225)
|
|
Depreciation & Amortization |
(623)
|
(648)
|
(660)
|
(660)
|
(679)
|
(677)
|
(680)
|
(682)
|
(675)
|
(682)
|
(693)
|
(709)
|
(706)
|
(735)
|
(762)
|
(772)
|
(788)
|
(796)
|
(825)
|
(864)
|
(928)
|
(949)
|
(947)
|
(951)
|
(938)
|
(926)
|
(909)
|
(906)
|
(916)
|
(958)
|
(999)
|
(1 038)
|
(1 004)
|
(1 004)
|
(996)
|
(971)
|
(971)
|
(991)
|
(1 000)
|
(1 005)
|
(953)
|
|
Other Operating Expenses |
2
|
2
|
2
|
2
|
0
|
4
|
4
|
3
|
3
|
1
|
6
|
6
|
6
|
7
|
4
|
3
|
3
|
3
|
1
|
2
|
2
|
2
|
2
|
2
|
2
|
17
|
222
|
336
|
358
|
343
|
140
|
146
|
266
|
267
|
273
|
152
|
12
|
11
|
8
|
7
|
5
|
|
Operating Income |
1 399
N/A
|
1 415
+1%
|
1 462
+3%
|
1 502
+3%
|
1 474
-2%
|
1 499
+2%
|
1 486
-1%
|
1 512
+2%
|
1 598
+6%
|
1 654
+3%
|
1 716
+4%
|
1 780
+4%
|
1 814
+2%
|
1 817
+0%
|
1 829
+1%
|
1 859
+2%
|
1 849
-1%
|
1 872
+1%
|
1 801
-4%
|
1 715
-5%
|
1 619
-6%
|
1 533
-5%
|
1 501
-2%
|
1 468
-2%
|
1 449
-1%
|
1 272
-12%
|
607
-52%
|
48
-92%
|
(563)
N/A
|
(1 078)
-91%
|
(1 178)
-9%
|
(986)
+16%
|
(498)
+49%
|
(236)
+53%
|
325
N/A
|
484
+49%
|
427
-12%
|
553
+30%
|
595
+8%
|
692
+16%
|
732
+6%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(201)
|
(206)
|
(213)
|
(200)
|
(177)
|
(192)
|
(184)
|
(187)
|
(164)
|
(176)
|
(172)
|
(175)
|
(186)
|
(183)
|
(185)
|
(186)
|
(179)
|
(188)
|
(187)
|
(176)
|
(159)
|
(148)
|
(139)
|
(136)
|
(132)
|
(141)
|
(138)
|
(128)
|
(91)
|
(113)
|
(130)
|
(148)
|
(132)
|
(166)
|
(153)
|
(155)
|
(147)
|
(183)
|
(217)
|
(248)
|
(311)
|
|
Non-Reccuring Items |
(25)
|
(27)
|
(28)
|
(29)
|
(14)
|
(16)
|
(13)
|
(14)
|
(14)
|
(15)
|
(16)
|
(16)
|
(15)
|
(15)
|
(18)
|
(20)
|
(26)
|
(31)
|
(34)
|
(34)
|
(34)
|
(28)
|
(21)
|
(20)
|
(17)
|
(22)
|
(21)
|
(146)
|
(151)
|
(144)
|
(143)
|
(14)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
(2)
|
(2)
|
(2)
|
(2)
|
(20)
|
0
|
0
|
0
|
(17)
|
(1)
|
0
|
0
|
7
|
0
|
0
|
0
|
(8)
|
0
|
(1)
|
0
|
(8)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(23)
|
0
|
0
|
0
|
(36)
|
0
|
0
|
0
|
(23)
|
0
|
0
|
0
|
(23)
|
|
Pre-Tax Income |
1 172
N/A
|
1 182
+1%
|
1 221
+3%
|
1 273
+4%
|
1 263
-1%
|
1 291
+2%
|
1 289
0%
|
1 312
+2%
|
1 404
+7%
|
1 463
+4%
|
1 528
+4%
|
1 589
+4%
|
1 620
+2%
|
1 619
0%
|
1 625
+0%
|
1 653
+2%
|
1 636
-1%
|
1 653
+1%
|
1 580
-4%
|
1 505
-5%
|
1 417
-6%
|
1 358
-4%
|
1 342
-1%
|
1 312
-2%
|
1 293
-1%
|
1 109
-14%
|
448
-60%
|
(226)
N/A
|
(828)
-267%
|
(1 336)
-61%
|
(1 451)
-9%
|
(1 148)
+21%
|
(667)
+42%
|
(402)
+40%
|
172
N/A
|
329
+91%
|
257
-22%
|
370
+44%
|
378
+2%
|
444
+17%
|
398
-10%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(196)
|
(197)
|
(264)
|
(304)
|
(305)
|
(308)
|
(296)
|
(290)
|
(318)
|
(330)
|
(348)
|
(337)
|
(361)
|
(358)
|
(355)
|
(381)
|
(350)
|
(354)
|
(337)
|
(319)
|
(312)
|
(299)
|
(295)
|
(289)
|
(273)
|
(230)
|
(81)
|
72
|
190
|
302
|
325
|
258
|
149
|
91
|
(34)
|
(68)
|
(50)
|
(77)
|
(78)
|
(93)
|
(112)
|
|
Income from Continuing Operations |
976
|
985
|
957
|
969
|
958
|
982
|
993
|
1 021
|
1 086
|
1 134
|
1 180
|
1 252
|
1 259
|
1 261
|
1 270
|
1 272
|
1 286
|
1 299
|
1 243
|
1 185
|
1 105
|
1 059
|
1 047
|
1 024
|
1 020
|
879
|
367
|
(154)
|
(638)
|
(1 034)
|
(1 126)
|
(891)
|
(517)
|
(311)
|
139
|
261
|
207
|
293
|
300
|
351
|
286
|
|
Income to Minority Interest |
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
|
(1)
|
(6)
|
(10)
|
(15)
|
(20)
|
(16)
|
(16)
|
(14)
|
(16)
|
(19)
|
(22)
|
|
Net Income (Common) |
976
N/A
|
985
+1%
|
957
-3%
|
969
+1%
|
958
-1%
|
982
+3%
|
993
+1%
|
1 021
+3%
|
1 086
+6%
|
1 134
+4%
|
1 180
+4%
|
1 252
+6%
|
1 259
+1%
|
1 261
+0%
|
1 270
+1%
|
1 272
+0%
|
1 286
+1%
|
1 299
+1%
|
1 243
-4%
|
1 185
-5%
|
1 105
-7%
|
1 059
-4%
|
1 047
-1%
|
1 024
-2%
|
1 020
0%
|
879
-14%
|
367
-58%
|
(154)
N/A
|
(638)
-315%
|
(1 034)
-62%
|
(1 127)
-9%
|
(897)
+20%
|
(527)
+41%
|
(326)
+38%
|
119
N/A
|
245
+105%
|
191
-22%
|
280
+47%
|
285
+2%
|
334
+17%
|
264
-21%
|
|
EPS (Diluted) |
125.14
N/A
|
126.24
+1%
|
122.74
-3%
|
124.24
+1%
|
122.12
-2%
|
125.94
+3%
|
127.33
+1%
|
130.92
+3%
|
138.38
+6%
|
145.33
+5%
|
151.3
+4%
|
160.47
+6%
|
160.42
0%
|
161.66
+1%
|
160.78
-1%
|
161.02
+0%
|
163.8
+2%
|
166.56
+2%
|
159.41
-4%
|
151.03
-5%
|
140.84
-7%
|
134.94
-4%
|
133.27
-1%
|
130.45
-2%
|
130.01
0%
|
112.46
-13%
|
46.75
-58%
|
-19.58
N/A
|
-81.31
-315%
|
-131.83
-62%
|
-143.29
-9%
|
-125.27
+13%
|
-67.14
+46%
|
-40.17
+40%
|
15.17
N/A
|
31.26
+106%
|
24.34
-22%
|
32.3
+33%
|
39.39
+22%
|
43.75
+11%
|
33.64
-23%
|