Red Electrica Corporacion SA
MAD:RED
Income Statement
Earnings Waterfall
Red Electrica Corporacion SA
Revenue
|
2.1B
EUR
|
Cost of Revenue
|
12.5m
EUR
|
Gross Profit
|
2.1B
EUR
|
Operating Expenses
|
-1.2B
EUR
|
Operating Income
|
923.9m
EUR
|
Other Expenses
|
-234.3m
EUR
|
Net Income
|
689.6m
EUR
|
Income Statement
Red Electrica Corporacion SA
Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue |
1 953
N/A
|
1 970
+1%
|
1 980
+1%
|
2 010
+2%
|
2 015
+0%
|
2 031
+1%
|
2 041
+0%
|
2 040
0%
|
2 064
+1%
|
|
Gross Profit | ||||||||||
Cost of Revenue |
37
|
41
|
43
|
32
|
26
|
20
|
13
|
12
|
12
|
|
Gross Profit |
1 990
N/A
|
2 011
+1%
|
2 024
+1%
|
2 043
+1%
|
2 041
0%
|
2 051
+1%
|
2 054
+0%
|
2 052
0%
|
2 077
+1%
|
|
Operating Income | ||||||||||
Operating Expenses |
(1 028)
|
(1 054)
|
(1 077)
|
(1 099)
|
(1 129)
|
(1 142)
|
(1 146)
|
(1 156)
|
(1 153)
|
|
Selling, General & Administrative |
(187)
|
(189)
|
(191)
|
(195)
|
(211)
|
(216)
|
(225)
|
(229)
|
(214)
|
|
Depreciation & Amortization |
(522)
|
(527)
|
(532)
|
(540)
|
(545)
|
(545)
|
(547)
|
(544)
|
(538)
|
|
Other Operating Expenses |
(319)
|
(338)
|
(354)
|
(363)
|
(374)
|
(380)
|
(374)
|
(382)
|
(401)
|
|
Operating Income |
962
N/A
|
957
0%
|
946
-1%
|
944
0%
|
912
-3%
|
910
0%
|
908
0%
|
896
-1%
|
924
+3%
|
|
Pre-Tax Income | ||||||||||
Interest Income Expense |
(76)
|
(69)
|
(57)
|
(52)
|
(53)
|
(34)
|
(30)
|
(19)
|
(55)
|
|
Non-Reccuring Items |
1
|
1
|
1
|
1
|
(0)
|
(1)
|
(1)
|
(1)
|
1
|
|
Total Other Income |
1
|
0
|
0
|
0
|
11
|
0
|
0
|
0
|
40
|
|
Pre-Tax Income |
888
N/A
|
890
+0%
|
890
0%
|
893
+0%
|
870
-3%
|
875
+1%
|
878
+0%
|
877
0%
|
910
+4%
|
|
Net Income | ||||||||||
Tax Provision |
(202)
|
(203)
|
(199)
|
(200)
|
(188)
|
(189)
|
(193)
|
(200)
|
(190)
|
|
Income from Continuing Operations |
686
|
687
|
691
|
693
|
681
|
686
|
685
|
677
|
720
|
|
Income to Minority Interest |
(6)
|
(6)
|
(5)
|
(11)
|
(16)
|
(23)
|
(29)
|
(28)
|
(30)
|
|
Net Income (Common) |
681
N/A
|
682
+0%
|
685
+1%
|
681
-1%
|
665
-2%
|
663
0%
|
656
-1%
|
649
-1%
|
690
+6%
|
|
EPS (Diluted) |
1.26
N/A
|
1.27
+1%
|
1.27
N/A
|
1.26
-1%
|
1.23
-2%
|
1.23
N/A
|
1.21
-2%
|
1.2
-1%
|
1.28
+7%
|