Telenor ASA
OSE:TEL
Income Statement
Earnings Waterfall
Telenor ASA
Revenue
|
80.7B
NOK
|
Cost of Revenue
|
-18.6B
NOK
|
Gross Profit
|
62.1B
NOK
|
Operating Expenses
|
-43.8B
NOK
|
Operating Income
|
18.3B
NOK
|
Other Expenses
|
-11.2B
NOK
|
Net Income
|
7.1B
NOK
|
Income Statement
Telenor ASA
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 | Mar-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
99 741
N/A
|
99 651
0%
|
103 772
+4%
|
106 540
+3%
|
117 570
+10%
|
123 319
+5%
|
128 692
+4%
|
128 175
0%
|
128 223
+0%
|
127 743
0%
|
127 156
0%
|
125 395
-1%
|
121 497
-3%
|
118 903
-2%
|
115 117
-3%
|
112 069
-3%
|
102 351
-9%
|
101 522
-1%
|
101 625
+0%
|
105 923
+4%
|
105 361
-1%
|
104 775
-1%
|
105 633
+1%
|
113 666
+8%
|
113 069
-1%
|
115 130
+2%
|
115 114
0%
|
115 839
+1%
|
108 881
-6%
|
107 061
-2%
|
106 064
-1%
|
97 153
-8%
|
96 644
-1%
|
97 522
+1%
|
98 539
+1%
|
76 877
-22%
|
91 131
+19%
|
83 319
-9%
|
74 999
-10%
|
80 452
+7%
|
80 723
+0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(26 450)
|
(25 987)
|
(27 629)
|
(28 822)
|
(33 194)
|
(35 249)
|
(36 275)
|
(35 147)
|
(34 199)
|
(33 321)
|
(33 127)
|
(32 547)
|
(31 218)
|
(30 041)
|
(28 527)
|
(26 928)
|
(23 543)
|
(23 450)
|
(23 243)
|
(23 939)
|
(23 942)
|
(23 735)
|
(24 457)
|
(27 912)
|
(27 310)
|
(28 062)
|
(28 038)
|
(29 037)
|
(28 624)
|
(28 494)
|
(28 589)
|
(25 591)
|
(25 453)
|
(25 905)
|
(26 320)
|
(17 819)
|
(23 899)
|
(21 233)
|
(18 491)
|
(19 056)
|
(18 636)
|
|
Gross Profit |
73 291
N/A
|
73 664
+1%
|
76 143
+3%
|
77 718
+2%
|
84 376
+9%
|
88 070
+4%
|
92 417
+5%
|
93 028
+1%
|
94 024
+1%
|
94 422
+0%
|
94 029
0%
|
92 848
-1%
|
90 279
-3%
|
88 862
-2%
|
86 590
-3%
|
85 141
-2%
|
78 808
-7%
|
78 072
-1%
|
78 382
+0%
|
81 984
+5%
|
81 419
-1%
|
81 040
0%
|
81 176
+0%
|
85 754
+6%
|
85 759
+0%
|
87 068
+2%
|
87 076
+0%
|
86 802
0%
|
80 257
-8%
|
78 567
-2%
|
77 475
-1%
|
71 562
-8%
|
71 191
-1%
|
71 617
+1%
|
72 219
+1%
|
59 058
-18%
|
67 232
+14%
|
62 086
-8%
|
56 508
-9%
|
61 396
+9%
|
62 087
+1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(48 590)
|
(48 570)
|
(50 695)
|
(54 793)
|
(60 973)
|
(64 073)
|
(68 025)
|
(67 214)
|
(68 633)
|
(68 788)
|
(67 718)
|
(66 464)
|
(64 977)
|
(63 341)
|
(61 424)
|
(58 686)
|
(55 450)
|
(55 369)
|
(55 646)
|
(57 741)
|
(56 616)
|
(56 103)
|
(56 391)
|
(59 501)
|
(60 388)
|
(61 668)
|
(61 337)
|
(60 692)
|
(55 968)
|
(54 643)
|
(54 494)
|
(52 126)
|
(52 288)
|
(52 733)
|
(52 931)
|
(40 396)
|
(49 316)
|
(45 552)
|
(41 487)
|
(43 367)
|
(43 768)
|
|
Selling, General & Administrative |
(9 783)
|
(9 695)
|
(10 296)
|
(30 807)
|
(11 812)
|
(12 271)
|
(12 848)
|
(34 910)
|
(12 597)
|
(12 836)
|
(12 881)
|
(12 690)
|
(12 381)
|
(11 892)
|
(11 553)
|
(28 197)
|
(10 212)
|
(10 139)
|
(9 871)
|
(26 588)
|
(10 315)
|
(10 180)
|
(10 313)
|
(19 493)
|
(10 863)
|
(11 166)
|
(11 130)
|
(11 152)
|
(10 752)
|
(10 517)
|
(10 438)
|
(23 533)
|
(9 926)
|
(9 973)
|
(9 966)
|
(21 014)
|
(9 843)
|
(9 708)
|
(9 562)
|
(22 301)
|
(10 068)
|
|
Depreciation & Amortization |
(13 031)
|
(13 191)
|
(14 088)
|
(14 696)
|
(16 205)
|
(16 990)
|
(18 079)
|
(18 305)
|
(18 966)
|
(19 411)
|
(19 636)
|
(19 583)
|
(19 540)
|
(19 683)
|
(19 477)
|
(19 612)
|
(19 035)
|
(19 284)
|
(19 890)
|
(20 041)
|
(20 319)
|
(20 913)
|
(21 793)
|
(24 529)
|
(25 388)
|
(26 472)
|
(26 629)
|
(26 298)
|
(24 113)
|
(23 684)
|
(23 854)
|
(23 246)
|
(23 227)
|
(23 362)
|
(23 204)
|
(17 118)
|
(20 929)
|
(18 577)
|
(16 234)
|
(16 534)
|
(16 671)
|
|
Other Operating Expenses |
(25 776)
|
(25 684)
|
(26 311)
|
(9 290)
|
(32 956)
|
(34 812)
|
(37 098)
|
(13 999)
|
(37 070)
|
(36 541)
|
(35 201)
|
(34 191)
|
(33 056)
|
(31 766)
|
(30 394)
|
(10 877)
|
(26 203)
|
(25 946)
|
(25 885)
|
(11 112)
|
(25 982)
|
(25 010)
|
(24 285)
|
(15 479)
|
(24 137)
|
(24 030)
|
(23 578)
|
(23 242)
|
(21 103)
|
(20 442)
|
(20 202)
|
(5 347)
|
(19 135)
|
(19 398)
|
(19 761)
|
(2 264)
|
(18 544)
|
(17 267)
|
(15 691)
|
(4 532)
|
(17 029)
|
|
Operating Income |
24 701
N/A
|
25 094
+2%
|
25 448
+1%
|
22 925
-10%
|
23 403
+2%
|
23 997
+3%
|
24 392
+2%
|
25 814
+6%
|
25 391
-2%
|
25 634
+1%
|
26 311
+3%
|
26 384
+0%
|
25 302
-4%
|
25 521
+1%
|
25 166
-1%
|
26 455
+5%
|
23 358
-12%
|
22 703
-3%
|
22 736
+0%
|
24 243
+7%
|
24 803
+2%
|
24 937
+1%
|
24 785
-1%
|
26 253
+6%
|
25 371
-3%
|
25 400
+0%
|
25 739
+1%
|
26 110
+1%
|
24 289
-7%
|
23 924
-2%
|
22 981
-4%
|
19 436
-15%
|
18 903
-3%
|
18 884
0%
|
19 288
+2%
|
18 662
-3%
|
17 916
-4%
|
16 534
-8%
|
15 021
-9%
|
18 029
+20%
|
18 319
+2%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(4 633)
|
(5 907)
|
(9 884)
|
(5 335)
|
(3 814)
|
(3 100)
|
(6 041)
|
(9 805)
|
(3 076)
|
(2 967)
|
3 077
|
(5 448)
|
(11 706)
|
(12 234)
|
(11 431)
|
(212)
|
1 120
|
(144)
|
(1 772)
|
(3 621)
|
(6 016)
|
(5 234)
|
(5 466)
|
(5 094)
|
(6 735)
|
(5 381)
|
(5 196)
|
(3 199)
|
(201)
|
(1 952)
|
(2 852)
|
(3 461)
|
(3 802)
|
(5 316)
|
(7 020)
|
(4 671)
|
(9 251)
|
(7 301)
|
(4 347)
|
(7 176)
|
(2 355)
|
|
Non-Reccuring Items |
(450)
|
(147)
|
(72)
|
2 088
|
93
|
6
|
(27)
|
(2 802)
|
(5 811)
|
(8 556)
|
(14 316)
|
(1 354)
|
2 027
|
(423)
|
5 521
|
(7 410)
|
(5 911)
|
(926)
|
(1 363)
|
(3 296)
|
(3 122)
|
(2 873)
|
(2 723)
|
(430)
|
(714)
|
(1 922)
|
(1 048)
|
1 874
|
2 087
|
3 127
|
2 229
|
(1 754)
|
(58)
|
(2 642)
|
(2 685)
|
(3 589)
|
(3 652)
|
(1 444)
|
(1 350)
|
(8 901)
|
(385)
|
|
Total Other Income |
(1 335)
|
(1 117)
|
412
|
(205)
|
85
|
(7)
|
(831)
|
(187)
|
(313)
|
(177)
|
(130)
|
(280)
|
(278)
|
411
|
792
|
772
|
1 182
|
521
|
439
|
375
|
445
|
375
|
(1 843)
|
239
|
(2 268)
|
(2 357)
|
(371)
|
(493)
|
492
|
640
|
562
|
(498)
|
(29)
|
(71)
|
46
|
(1 063)
|
(868)
|
(1 578)
|
(1 802)
|
(855)
|
(1 574)
|
|
Pre-Tax Income |
18 283
N/A
|
17 923
-2%
|
15 904
-11%
|
19 473
+22%
|
19 767
+2%
|
20 896
+6%
|
17 493
-16%
|
13 020
-26%
|
16 191
+24%
|
13 934
-14%
|
14 942
+7%
|
19 302
+29%
|
15 345
-21%
|
13 275
-13%
|
20 048
+51%
|
19 605
-2%
|
19 749
+1%
|
22 154
+12%
|
20 040
-10%
|
17 701
-12%
|
16 110
-9%
|
17 205
+7%
|
14 753
-14%
|
20 968
+42%
|
15 654
-25%
|
15 740
+1%
|
19 124
+21%
|
24 292
+27%
|
26 667
+10%
|
25 739
-3%
|
22 920
-11%
|
13 723
-40%
|
15 014
+9%
|
10 855
-28%
|
9 629
-11%
|
9 339
-3%
|
4 145
-56%
|
6 211
+50%
|
7 522
+21%
|
1 097
-85%
|
14 005
+1 177%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(5 944)
|
(6 128)
|
(6 294)
|
(6 614)
|
(6 810)
|
(6 890)
|
(6 806)
|
(6 317)
|
(6 069)
|
(6 116)
|
(6 008)
|
(5 924)
|
(5 928)
|
(5 769)
|
(6 483)
|
(6 491)
|
(6 931)
|
(6 543)
|
(6 197)
|
(6 024)
|
(5 521)
|
(6 168)
|
(8 177)
|
(9 033)
|
(7 844)
|
(7 967)
|
(6 072)
|
(6 419)
|
(7 299)
|
(6 778)
|
(6 117)
|
(5 008)
|
(2 299)
|
(445)
|
(61)
|
3 009
|
1 666
|
566
|
(9)
|
(4 332)
|
(4 660)
|
|
Income from Continuing Operations |
12 339
|
11 795
|
9 610
|
12 859
|
12 957
|
14 006
|
10 687
|
6 703
|
10 122
|
7 818
|
8 934
|
13 378
|
9 417
|
7 506
|
13 565
|
13 114
|
12 818
|
15 611
|
13 843
|
11 677
|
10 589
|
11 037
|
6 576
|
11 935
|
7 810
|
7 773
|
13 052
|
17 873
|
19 368
|
18 961
|
16 803
|
8 715
|
12 715
|
10 410
|
9 568
|
12 348
|
5 811
|
6 777
|
7 513
|
(3 235)
|
9 345
|
|
Income to Minority Interest |
(3 691)
|
(3 993)
|
(4 208)
|
(3 682)
|
(3 726)
|
(3 720)
|
(3 468)
|
(3 289)
|
(3 153)
|
(2 976)
|
(3 080)
|
(2 974)
|
(2 838)
|
(2 946)
|
(2 861)
|
(2 915)
|
(2 990)
|
(3 061)
|
(3 060)
|
(2 711)
|
(2 847)
|
(2 714)
|
(2 817)
|
(3 421)
|
(3 543)
|
(3 724)
|
(3 804)
|
(3 718)
|
(3 422)
|
(3 305)
|
(3 185)
|
(3 063)
|
(2 986)
|
(2 959)
|
(2 931)
|
(2 665)
|
(2 364)
|
(2 198)
|
(1 815)
|
(1 646)
|
(1 909)
|
|
Net Income (Common) |
8 822
N/A
|
7 892
-11%
|
5 293
-33%
|
9 077
+71%
|
9 253
+2%
|
10 390
+12%
|
7 303
-30%
|
3 414
-53%
|
3 817
+12%
|
1 472
-61%
|
(1 579)
N/A
|
2 832
N/A
|
2 744
-3%
|
1 466
-47%
|
12 043
+721%
|
11 983
0%
|
12 806
+7%
|
15 618
+22%
|
15 743
+1%
|
14 731
-6%
|
13 561
-8%
|
13 772
+2%
|
7 212
-48%
|
7 773
+8%
|
4 603
-41%
|
6 175
+34%
|
11 381
+84%
|
17 341
+52%
|
12 755
-26%
|
10 515
-18%
|
8 630
-18%
|
1 528
-82%
|
11 986
+684%
|
8 685
-28%
|
7 592
-13%
|
44 913
+492%
|
56 489
+26%
|
58 423
+3%
|
59 325
+2%
|
13 734
-77%
|
7 149
-48%
|
|
EPS (Diluted) |
5.83
N/A
|
5.24
-10%
|
3.52
-33%
|
6.03
+71%
|
6.18
+2%
|
6.91
+12%
|
4.86
-30%
|
2.27
-53%
|
2.54
+12%
|
0.98
-61%
|
-1.05
N/A
|
1.88
N/A
|
1.82
-3%
|
0.96
-47%
|
8.02
+735%
|
7.98
0%
|
8.59
+8%
|
10.56
+23%
|
10.73
+2%
|
10
-7%
|
9.29
-7%
|
9.49
+2%
|
4.99
-47%
|
5.39
+8%
|
3.25
-40%
|
4.37
+34%
|
8.12
+86%
|
12.32
+52%
|
9.11
-26%
|
7.49
-18%
|
6.17
-18%
|
1.09
-82%
|
8.56
+685%
|
6.24
-27%
|
5.44
-13%
|
32.09
+490%
|
40.73
+27%
|
42.13
+3%
|
42.78
+2%
|
9.89
-77%
|
5.16
-48%
|