PCCW Ltd
HKEX:8
Income Statement
Earnings Waterfall
PCCW Ltd
Revenue
|
36.3B
HKD
|
Cost of Revenue
|
-18.1B
HKD
|
Gross Profit
|
18.2B
HKD
|
Operating Expenses
|
-13.2B
HKD
|
Operating Income
|
5B
HKD
|
Other Expenses
|
-5.5B
HKD
|
Net Income
|
-471m
HKD
|
Income Statement
PCCW Ltd
Dec-2003 | Jun-2004 | Dec-2004 | Jun-2005 | Dec-2005 | Jun-2006 | Dec-2006 | Jun-2007 | Dec-2007 | Jun-2008 | Dec-2008 | Jun-2009 | Dec-2009 | Jun-2010 | Dec-2010 | Jun-2011 | Dec-2011 | Jun-2012 | Dec-2012 | Jun-2013 | Dec-2013 | Jun-2014 | Dec-2014 | Jun-2015 | Dec-2015 | Jun-2016 | Dec-2016 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
22 550
N/A
|
22 603
+0%
|
23 002
+2%
|
23 924
+4%
|
22 499
-6%
|
24 922
+11%
|
25 637
+3%
|
23 120
-10%
|
23 715
+3%
|
23 480
-1%
|
31 951
+36%
|
33 353
+4%
|
25 077
-25%
|
24 105
-4%
|
22 962
-5%
|
23 346
+2%
|
24 638
+6%
|
24 358
-1%
|
25 318
+4%
|
26 726
+6%
|
27 317
+2%
|
28 667
+5%
|
33 277
+16%
|
36 695
+10%
|
39 314
+7%
|
39 756
+1%
|
38 384
-3%
|
37 070
-3%
|
36 832
-1%
|
38 596
+5%
|
38 850
+1%
|
36 735
-5%
|
37 521
+2%
|
38 943
+4%
|
35 984
-8%
|
53 982
+50%
|
35 455
-34%
|
34 195
-4%
|
36 065
+5%
|
34 659
-4%
|
36 347
+5%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(10 142)
|
(11 003)
|
(10 531)
|
(11 888)
|
(10 467)
|
(12 129)
|
(12 686)
|
(10 330)
|
(10 538)
|
(10 281)
|
(17 850)
|
(19 339)
|
(12 254)
|
(11 307)
|
(10 533)
|
(10 548)
|
(11 397)
|
(11 179)
|
(11 816)
|
(12 878)
|
(13 111)
|
(13 550)
|
(15 151)
|
(16 396)
|
(18 965)
|
(19 432)
|
(17 743)
|
(17 651)
|
(18 344)
|
(20 094)
|
(20 642)
|
(18 639)
|
(18 907)
|
(20 447)
|
(19 189)
|
(28 993)
|
(17 725)
|
(16 070)
|
(17 914)
|
(16 361)
|
(18 116)
|
|
Gross Profit |
12 408
N/A
|
11 600
-7%
|
12 471
+8%
|
12 036
-3%
|
12 032
0%
|
12 793
+6%
|
12 951
+1%
|
12 790
-1%
|
13 177
+3%
|
13 199
+0%
|
14 101
+7%
|
14 014
-1%
|
12 823
-8%
|
12 798
0%
|
12 429
-3%
|
12 798
+3%
|
13 241
+3%
|
13 179
0%
|
13 502
+2%
|
13 848
+3%
|
14 206
+3%
|
15 117
+6%
|
18 126
+20%
|
20 299
+12%
|
20 349
+0%
|
20 324
0%
|
20 641
+2%
|
19 419
-6%
|
18 488
-5%
|
18 502
+0%
|
18 208
-2%
|
18 096
-1%
|
18 614
+3%
|
18 496
-1%
|
16 795
-9%
|
24 989
+49%
|
17 730
-29%
|
18 125
+2%
|
18 151
+0%
|
18 298
+1%
|
18 231
0%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(6 977)
|
(7 285)
|
(8 031)
|
(7 297)
|
(7 482)
|
(8 481)
|
(9 149)
|
(9 255)
|
(9 147)
|
(9 572)
|
(10 207)
|
(10 217)
|
(8 997)
|
(8 802)
|
(7 780)
|
(8 183)
|
(9 588)
|
(9 625)
|
(10 139)
|
(10 309)
|
(10 745)
|
(11 680)
|
(14 077)
|
(13 389)
|
(14 531)
|
(14 884)
|
(15 115)
|
(14 228)
|
(12 852)
|
(12 926)
|
(12 961)
|
(12 867)
|
(13 631)
|
(13 628)
|
(12 532)
|
(18 893)
|
(13 195)
|
(13 594)
|
(13 533)
|
(13 747)
|
(13 225)
|
|
Selling, General & Administrative |
(2 813)
|
(5 356)
|
(8 384)
|
(7 971)
|
(8 052)
|
(8 604)
|
(9 191)
|
(9 203)
|
(9 144)
|
(9 490)
|
(10 005)
|
(9 903)
|
(9 029)
|
(8 869)
|
(8 924)
|
(9 315)
|
(9 604)
|
(9 657)
|
(10 148)
|
(10 508)
|
(10 735)
|
(11 474)
|
(14 091)
|
(15 364)
|
(14 534)
|
(14 863)
|
(15 114)
|
(14 229)
|
(12 859)
|
(12 929)
|
(12 970)
|
(12 897)
|
(6 430)
|
(13 624)
|
(5 107)
|
(18 899)
|
(5 995)
|
(13 599)
|
(5 796)
|
(13 764)
|
(13 265)
|
|
Depreciation & Amortization |
(2 806)
|
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
|
(5 669)
|
0
|
(5 806)
|
0
|
(5 663)
|
0
|
(6 172)
|
0
|
0
|
|
Other Operating Expenses |
(1 358)
|
(1 929)
|
353
|
674
|
570
|
123
|
42
|
(52)
|
(3)
|
(82)
|
(202)
|
(314)
|
32
|
67
|
1 144
|
1 132
|
16
|
32
|
9
|
199
|
(10)
|
(206)
|
14
|
1 975
|
3
|
(21)
|
(1)
|
1
|
7
|
3
|
9
|
30
|
(1 532)
|
(4)
|
(1 619)
|
6
|
(1 537)
|
5
|
(1 565)
|
17
|
40
|
|
Operating Income |
5 431
N/A
|
4 315
-21%
|
4 440
+3%
|
4 739
+7%
|
4 550
-4%
|
4 312
-5%
|
3 802
-12%
|
3 535
-7%
|
4 030
+14%
|
3 627
-10%
|
3 894
+7%
|
3 797
-2%
|
3 826
+1%
|
3 996
+4%
|
4 649
+16%
|
4 615
-1%
|
3 653
-21%
|
3 554
-3%
|
3 363
-5%
|
3 539
+5%
|
3 461
-2%
|
3 437
-1%
|
4 049
+18%
|
6 910
+71%
|
5 818
-16%
|
5 440
-6%
|
5 526
+2%
|
5 191
-6%
|
5 636
+9%
|
5 576
-1%
|
5 247
-6%
|
5 229
0%
|
4 983
-5%
|
4 868
-2%
|
4 263
-12%
|
6 096
+43%
|
4 535
-26%
|
4 531
0%
|
4 618
+2%
|
4 551
-1%
|
5 006
+10%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(3 556)
|
(2 504)
|
(1 814)
|
(1 652)
|
(1 580)
|
(1 349)
|
(1 239)
|
(1 201)
|
(1 216)
|
(1 162)
|
(1 558)
|
(1 747)
|
(1 521)
|
(1 553)
|
(1 570)
|
(1 509)
|
(1 423)
|
(1 185)
|
(564)
|
(611)
|
(218)
|
477
|
(387)
|
(1 361)
|
(1 186)
|
(1 332)
|
(1 136)
|
(1 447)
|
(1 233)
|
(1 044)
|
(1 237)
|
(1 302)
|
(1 080)
|
(1 874)
|
(1 747)
|
(2 394)
|
(821)
|
(956)
|
(2 178)
|
(2 517)
|
(2 507)
|
|
Non-Reccuring Items |
(7 026)
|
(7 036)
|
(51)
|
(24)
|
0
|
0
|
(11)
|
(13)
|
(7)
|
(5)
|
(103)
|
0
|
75
|
75
|
1
|
89
|
88
|
0
|
0
|
0
|
22
|
22
|
1 964
|
0
|
(27)
|
0
|
(19)
|
(19)
|
(149)
|
(158)
|
274
|
283
|
(9)
|
(57)
|
(443)
|
(444)
|
28
|
295
|
298
|
0
|
0
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(152)
|
0
|
(165)
|
0
|
(144)
|
0
|
(109)
|
0
|
(100)
|
0
|
(83)
|
0
|
10
|
0
|
4
|
0
|
(139)
|
0
|
0
|
|
Pre-Tax Income |
(5 151)
N/A
|
(5 225)
-1%
|
2 575
N/A
|
3 063
+19%
|
2 970
-3%
|
2 963
0%
|
2 552
-14%
|
2 321
-9%
|
2 807
+21%
|
2 460
-12%
|
2 233
-9%
|
2 050
-8%
|
2 380
+16%
|
2 518
+6%
|
3 080
+22%
|
3 195
+4%
|
2 318
-27%
|
2 369
+2%
|
2 799
+18%
|
2 928
+5%
|
3 265
+12%
|
3 936
+21%
|
5 474
+39%
|
5 549
+1%
|
4 440
-20%
|
4 108
-7%
|
4 227
+3%
|
3 725
-12%
|
4 145
+11%
|
4 374
+6%
|
4 184
-4%
|
4 210
+1%
|
3 811
-9%
|
2 937
-23%
|
2 083
-29%
|
3 258
+56%
|
3 746
+15%
|
3 870
+3%
|
2 599
-33%
|
2 034
-22%
|
2 499
+23%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1 165)
|
(932)
|
(999)
|
(1 154)
|
(1 103)
|
(1 122)
|
(920)
|
(688)
|
(970)
|
(1 010)
|
(711)
|
(468)
|
(585)
|
(618)
|
(756)
|
(841)
|
(542)
|
(199)
|
(232)
|
(193)
|
(210)
|
(685)
|
(803)
|
(627)
|
(447)
|
(303)
|
(395)
|
(541)
|
(1 061)
|
(1 287)
|
(1 134)
|
(1 120)
|
(941)
|
(912)
|
(705)
|
(1 141)
|
(998)
|
(1 036)
|
(672)
|
(526)
|
(409)
|
|
Income from Continuing Operations |
(6 316)
|
(6 157)
|
1 576
|
1 909
|
1 867
|
1 841
|
1 632
|
1 633
|
1 837
|
1 450
|
1 522
|
1 582
|
1 795
|
1 900
|
2 324
|
2 354
|
1 776
|
2 170
|
2 567
|
2 735
|
3 055
|
3 251
|
4 671
|
4 922
|
3 993
|
3 805
|
3 832
|
3 184
|
3 084
|
3 087
|
3 050
|
3 090
|
2 870
|
2 025
|
1 378
|
2 117
|
2 748
|
2 834
|
1 927
|
1 508
|
2 090
|
|
Income to Minority Interest |
216
|
120
|
(20)
|
(165)
|
(272)
|
(404)
|
(380)
|
(355)
|
(334)
|
(113)
|
(250)
|
(312)
|
(289)
|
(283)
|
(398)
|
(369)
|
(169)
|
(551)
|
(904)
|
(1 052)
|
(1 170)
|
(1 164)
|
(1 361)
|
(1 600)
|
(1 698)
|
(1 712)
|
(1 781)
|
(1 921)
|
(2 189)
|
(2 087)
|
(2 153)
|
(2 215)
|
(2 189)
|
(2 091)
|
(1 911)
|
(2 493)
|
(2 234)
|
(2 553)
|
(2 368)
|
(2 347)
|
(2 326)
|
|
Net Income (Common) |
(6 100)
N/A
|
(6 037)
+1%
|
1 556
N/A
|
1 744
+12%
|
1 595
-9%
|
1 437
-10%
|
1 252
-13%
|
1 278
+2%
|
1 503
+18%
|
1 337
-11%
|
1 272
-5%
|
1 270
0%
|
1 506
+19%
|
1 617
+7%
|
1 926
+19%
|
1 985
+3%
|
1 607
-19%
|
1 619
+1%
|
1 663
+3%
|
1 683
+1%
|
1 885
+12%
|
2 087
+11%
|
3 310
+59%
|
3 322
+0%
|
2 295
-31%
|
2 093
-9%
|
2 051
-2%
|
2 337
+14%
|
2 038
-13%
|
1 069
-48%
|
897
-16%
|
875
-2%
|
681
-22%
|
(66)
N/A
|
(1 020)
-1 445%
|
(1 335)
-31%
|
1 039
N/A
|
1 266
+22%
|
158
-88%
|
(240)
N/A
|
(471)
-96%
|
|
EPS (Diluted) |
-1.23
N/A
|
-1.1
+11%
|
0.29
N/A
|
0.28
-3%
|
0.23
-18%
|
0.22
-4%
|
0.19
-14%
|
0.19
N/A
|
0.22
+16%
|
0.2
-9%
|
0.19
-5%
|
0.19
N/A
|
0.23
+21%
|
0.24
+4%
|
0.27
+13%
|
0.27
N/A
|
0.22
-19%
|
0.23
+5%
|
0.23
N/A
|
0.23
N/A
|
0.26
+13%
|
0.29
+12%
|
0.45
+55%
|
0.44
-2%
|
0.31
-30%
|
0.27
-13%
|
0.27
N/A
|
0.3
+11%
|
0.26
-13%
|
0.13
-50%
|
0.12
-8%
|
0.11
-8%
|
0.09
-18%
|
-0.01
N/A
|
-0.13
-1 200%
|
-0.17
-31%
|
0.13
N/A
|
0.16
+23%
|
0.02
-88%
|
-0.03
N/A
|
-0.06
-100%
|