Thales SA
OTC:THLEF
Income Statement
Earnings Waterfall
Thales SA
Revenue
|
18.4B
EUR
|
Cost of Revenue
|
-13.7B
EUR
|
Gross Profit
|
4.8B
EUR
|
Operating Expenses
|
-3.1B
EUR
|
Operating Income
|
1.7B
EUR
|
Other Expenses
|
-630.3m
EUR
|
Net Income
|
1B
EUR
|
Income Statement
Thales SA
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 |
10 569
N/A
|
10 586
+0%
|
10 283
-3%
|
10 465
+2%
|
10 263
-2%
|
10 276
+0%
|
10 264
0%
|
11 078
+8%
|
12 296
+11%
|
12 380
+1%
|
12 665
+2%
|
12 740
+1%
|
12 882
+1%
|
13 093
+2%
|
13 125
+0%
|
13 137
+0%
|
13 028
-1%
|
13 473
+3%
|
14 158
+5%
|
13 477
-5%
|
12 698
-6%
|
12 661
0%
|
12 974
+2%
|
13 626
+5%
|
14 063
+3%
|
14 562
+4%
|
14 885
+2%
|
15 158
+2%
|
15 228
+0%
|
15 561
+2%
|
15 855
+2%
|
16 592
+5%
|
18 401
+11%
|
17 962
-2%
|
15 371
-14%
|
15 289
-1%
|
16 192
+6%
|
16 025
-1%
|
17 569
+10%
|
18 028
+3%
|
18 428
+2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(8 203)
|
(8 210)
|
(7 939)
|
(8 141)
|
(7 851)
|
(7 846)
|
(7 884)
|
(8 540)
|
(9 561)
|
(9 672)
|
(9 965)
|
(10 237)
|
(10 633)
|
(10 647)
|
(11 029)
|
(10 908)
|
(10 067)
|
(10 441)
|
(10 868)
|
(10 303)
|
(9 685)
|
(9 587)
|
(9 792)
|
(10 342)
|
(10 688)
|
(11 073)
|
(11 275)
|
(11 481)
|
(11 517)
|
(11 629)
|
(11 768)
|
(12 321)
|
(13 877)
|
(13 950)
|
(11 791)
|
(11 440)
|
(12 159)
|
(11 992)
|
(13 113)
|
(13 328)
|
(13 662)
|
|
Gross Profit |
2 367
N/A
|
2 376
+0%
|
2 344
-1%
|
2 325
-1%
|
2 412
+4%
|
2 430
+1%
|
2 381
-2%
|
2 538
+7%
|
2 735
+8%
|
2 708
-1%
|
2 700
0%
|
2 503
-7%
|
2 248
-10%
|
2 447
+9%
|
2 096
-14%
|
2 230
+6%
|
2 961
+33%
|
3 032
+2%
|
3 290
+9%
|
3 174
-4%
|
3 012
-5%
|
3 074
+2%
|
3 182
+4%
|
3 283
+3%
|
3 375
+3%
|
3 489
+3%
|
3 610
+3%
|
3 676
+2%
|
3 711
+1%
|
3 933
+6%
|
4 087
+4%
|
4 271
+5%
|
4 524
+6%
|
4 013
-11%
|
3 580
-11%
|
3 848
+8%
|
4 033
+5%
|
4 033
0%
|
4 455
+10%
|
4 700
+5%
|
4 766
+1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(1 847)
|
(1 769)
|
(1 647)
|
(1 632)
|
(1 775)
|
(1 773)
|
(1 626)
|
(1 767)
|
(1 973)
|
(1 954)
|
(1 915)
|
(1 981)
|
(2 080)
|
(2 130)
|
(2 139)
|
(2 138)
|
(2 122)
|
(2 215)
|
(2 357)
|
(2 234)
|
(2 074)
|
(2 090)
|
(2 179)
|
(2 271)
|
(2 316)
|
(2 364)
|
(2 412)
|
(2 475)
|
(2 534)
|
(2 584)
|
(2 636)
|
(2 908)
|
(3 118)
|
(3 042)
|
(2 681)
|
(2 539)
|
(2 798)
|
(2 756)
|
(3 013)
|
(3 105)
|
(3 113)
|
|
Selling, General & Administrative |
(1 288)
|
(1 294)
|
(1 276)
|
(1 286)
|
(1 324)
|
(1 320)
|
(1 265)
|
(1 306)
|
(1 401)
|
(1 382)
|
(1 365)
|
(1 394)
|
(1 445)
|
(1 477)
|
(1 445)
|
(1 432)
|
(1 433)
|
(1 493)
|
(1 558)
|
(1 493)
|
(1 400)
|
(1 405)
|
(1 434)
|
(1 476)
|
(1 513)
|
(1 557)
|
(1 569)
|
(1 581)
|
(1 619)
|
(1 628)
|
(1 652)
|
(1 777)
|
(2 020)
|
(1 928)
|
(1 738)
|
(1 623)
|
(1 771)
|
(1 746)
|
(1 949)
|
(2 015)
|
(2 005)
|
|
Research & Development |
(381)
|
(379)
|
(368)
|
(343)
|
(366)
|
(368)
|
(361)
|
(396)
|
(443)
|
(457)
|
(440)
|
(490)
|
(551)
|
(570)
|
(612)
|
(630)
|
(619)
|
(632)
|
(687)
|
(655)
|
(612)
|
(627)
|
(641)
|
(666)
|
(692)
|
(708)
|
(736)
|
(772)
|
(802)
|
(847)
|
(881)
|
(951)
|
(1 099)
|
(1 113)
|
(943)
|
(916)
|
(1 027)
|
(1 010)
|
(1 064)
|
(1 090)
|
(1 108)
|
|
Depreciation & Amortization |
(174)
|
0
|
0
|
0
|
0
|
0
|
0
|
(67)
|
(128)
|
(116)
|
(110)
|
(97)
|
(84)
|
(83)
|
(82)
|
(76)
|
(71)
|
(90)
|
(112)
|
(87)
|
(62)
|
(58)
|
(104)
|
(130)
|
(112)
|
(99)
|
(107)
|
(122)
|
(113)
|
(110)
|
(103)
|
(180)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other Operating Expenses |
(4)
|
(96)
|
(3)
|
(3)
|
(84)
|
(85)
|
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
|
0
|
0
|
0
|
0
|
|
Operating Income |
520
N/A
|
608
+17%
|
697
+15%
|
693
-1%
|
638
-8%
|
657
+3%
|
755
+15%
|
771
+2%
|
762
-1%
|
754
-1%
|
785
+4%
|
522
-34%
|
168
-68%
|
317
+89%
|
(43)
N/A
|
92
N/A
|
839
+812%
|
817
-3%
|
934
+14%
|
939
+1%
|
938
0%
|
984
+5%
|
1 003
+2%
|
1 012
+1%
|
1 059
+5%
|
1 125
+6%
|
1 198
+6%
|
1 201
+0%
|
1 177
-2%
|
1 349
+15%
|
1 451
+8%
|
1 363
-6%
|
1 406
+3%
|
971
-31%
|
899
-7%
|
1 310
+46%
|
1 235
-6%
|
1 277
+3%
|
1 443
+13%
|
1 595
+11%
|
1 654
+4%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(91)
|
(91)
|
(96)
|
(96)
|
(93)
|
(73)
|
(73)
|
(77)
|
(79)
|
(86)
|
(102)
|
(130)
|
(111)
|
(84)
|
(73)
|
(95)
|
(58)
|
(25)
|
56
|
116
|
84
|
305
|
184
|
(34)
|
129
|
191
|
226
|
169
|
38
|
61
|
78
|
267
|
243
|
(44)
|
(23)
|
(21)
|
20
|
70
|
35
|
35
|
197
|
|
Non-Reccuring Items |
(198)
|
(145)
|
(127)
|
(110)
|
(88)
|
(125)
|
(179)
|
145
|
258
|
(22)
|
(66)
|
(109)
|
(377)
|
(393)
|
(162)
|
(178)
|
(113)
|
(81)
|
(118)
|
(120)
|
(118)
|
(123)
|
(95)
|
(90)
|
(91)
|
(78)
|
(97)
|
(117)
|
(182)
|
(171)
|
(134)
|
(155)
|
(118)
|
(86)
|
(306)
|
(323)
|
(50)
|
(21)
|
(109)
|
(130)
|
(565)
|
|
Gain/Loss on Disposition of Assets |
9
|
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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
(85)
|
(62)
|
(18)
|
(25)
|
(34)
|
(34)
|
(19)
|
(6)
|
65
|
62
|
(11)
|
(65)
|
(105)
|
(85)
|
(105)
|
(103)
|
(63)
|
(77)
|
(112)
|
(110)
|
(92)
|
(99)
|
(117)
|
(90)
|
(64)
|
(85)
|
(56)
|
(61)
|
(59)
|
(60)
|
(53)
|
(62)
|
(84)
|
(53)
|
(56)
|
(28)
|
(41)
|
(7)
|
(22)
|
(68)
|
(105)
|
|
Pre-Tax Income |
155
N/A
|
310
+100%
|
457
+48%
|
462
+1%
|
423
-9%
|
425
+0%
|
484
+14%
|
832
+72%
|
1 006
+21%
|
708
-30%
|
606
-14%
|
218
-64%
|
(425)
N/A
|
(245)
+42%
|
(383)
-56%
|
(284)
+26%
|
605
N/A
|
634
+5%
|
759
+20%
|
825
+9%
|
812
-2%
|
1 067
+31%
|
976
-9%
|
799
-18%
|
1 033
+29%
|
1 152
+12%
|
1 270
+10%
|
1 192
-6%
|
974
-18%
|
1 178
+21%
|
1 342
+14%
|
1 414
+5%
|
1 447
+2%
|
788
-46%
|
514
-35%
|
938
+82%
|
1 165
+24%
|
1 320
+13%
|
1 347
+2%
|
1 432
+6%
|
1 181
-18%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(30)
|
(59)
|
(127)
|
(143)
|
(87)
|
(77)
|
(100)
|
(132)
|
(158)
|
(131)
|
(103)
|
17
|
175
|
127
|
221
|
167
|
(147)
|
(150)
|
(197)
|
(209)
|
(204)
|
(210)
|
(214)
|
(223)
|
(220)
|
(212)
|
(256)
|
(265)
|
(237)
|
(288)
|
(314)
|
(296)
|
(301)
|
(159)
|
(65)
|
(162)
|
(148)
|
(307)
|
(225)
|
(245)
|
(252)
|
|
Income from Continuing Operations |
125
|
251
|
331
|
320
|
335
|
347
|
383
|
701
|
848
|
576
|
503
|
235
|
(250)
|
(119)
|
(162)
|
(118)
|
458
|
484
|
562
|
616
|
609
|
857
|
762
|
576
|
813
|
940
|
1 015
|
927
|
737
|
890
|
1 028
|
1 117
|
1 146
|
630
|
450
|
776
|
1 017
|
1 013
|
1 122
|
1 187
|
929
|
|
Income to Minority Interest |
(12)
|
(14)
|
(15)
|
(10)
|
(9)
|
(10)
|
(3)
|
1
|
(1)
|
(0)
|
(1)
|
(1)
|
(0)
|
(0)
|
0
|
1
|
0
|
0
|
(0)
|
(16)
|
(35)
|
(41)
|
(48)
|
(42)
|
(48)
|
(57)
|
(68)
|
(65)
|
(58)
|
(53)
|
(46)
|
(36)
|
(25)
|
1
|
(9)
|
(48)
|
(46)
|
(19)
|
(10)
|
(9)
|
21
|
|
Equity Earnings Affiliates |
0
|
9
|
10
|
10
|
8
|
4
|
8
|
19
|
41
|
51
|
58
|
57
|
48
|
49
|
55
|
49
|
53
|
45
|
24
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
112
N/A
|
246
+119%
|
326
+32%
|
319
-2%
|
334
+5%
|
342
+2%
|
388
+13%
|
720
+86%
|
887
+23%
|
627
-29%
|
560
-11%
|
291
-48%
|
(202)
N/A
|
(70)
+65%
|
(108)
-53%
|
(68)
+37%
|
512
N/A
|
528
+3%
|
586
+11%
|
613
+5%
|
573
-6%
|
817
+42%
|
714
-13%
|
534
-25%
|
765
+43%
|
883
+15%
|
946
+7%
|
862
-9%
|
680
-21%
|
838
+23%
|
982
+17%
|
1 082
+10%
|
1 122
+4%
|
630
-44%
|
483
-23%
|
851
+76%
|
1 089
+28%
|
1 222
+12%
|
1 121
-8%
|
1 204
+7%
|
1 023
-15%
|
|
EPS (Diluted) |
0.7
N/A
|
1.43
+104%
|
1.88
+31%
|
1.82
-3%
|
1.87
+3%
|
1.89
+1%
|
2.15
+14%
|
3.67
+71%
|
4.52
+23%
|
3.18
-30%
|
2.85
-10%
|
1.48
-48%
|
-1.03
N/A
|
-0.36
+65%
|
-0.55
-53%
|
-0.34
+38%
|
2.6
N/A
|
2.67
+3%
|
2.94
+10%
|
3.07
+4%
|
2.84
-7%
|
3.97
+40%
|
3.47
-13%
|
2.58
-26%
|
3.63
+41%
|
4.14
+14%
|
4.44
+7%
|
4.03
-9%
|
3.19
-21%
|
3.92
+23%
|
4.6
+17%
|
5.07
+10%
|
5.26
+4%
|
2.96
-44%
|
2.27
-23%
|
3.99
+76%
|
5.1
+28%
|
5.73
+12%
|
5.27
-8%
|
5.73
+9%
|
4.89
-15%
|