Cesar SA
PAR:ALCES
Income Statement
Earnings Waterfall
Cesar SA
Income Statement
Cesar SA
| Dec-2002 | Jun-2003 | Dec-2003 | Jun-2004 | Dec-2004 | Mar-2005 | Sep-2005 | Mar-2006 | Sep-2006 | Mar-2007 | Sep-2007 | Mar-2008 | Sep-2008 | Mar-2009 | Sep-2009 | Mar-2010 | Sep-2010 | Mar-2011 | Sep-2013 | Mar-2014 | Sep-2014 | Mar-2015 | Sep-2015 | Mar-2016 | Sep-2016 | Mar-2017 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||
| Revenue |
123
N/A
|
128
+3%
|
125
-2%
|
125
0%
|
135
+8%
|
143
+6%
|
206
+45%
|
133
-35%
|
121
-9%
|
121
0%
|
136
+12%
|
130
-4%
|
48
-63%
|
40
-16%
|
39
-4%
|
37
-5%
|
36
-1%
|
34
-6%
|
4
-88%
|
6
+54%
|
6
-9%
|
2
-57%
|
3
+25%
|
2
-34%
|
3
+46%
|
2
-21%
|
|
| Gross Profit | |||||||||||||||||||||||||||
| Cost of Revenue |
(71)
|
(68)
|
(65)
|
(65)
|
(69)
|
(75)
|
(107)
|
(68)
|
(62)
|
(63)
|
(73)
|
(73)
|
(29)
|
(23)
|
(20)
|
(20)
|
(20)
|
(27)
|
(3)
|
(5)
|
(5)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
|
| Gross Profit |
53
N/A
|
59
+12%
|
60
+2%
|
60
-1%
|
66
+11%
|
68
+2%
|
99
+47%
|
65
-34%
|
59
-9%
|
58
-3%
|
63
+8%
|
57
-8%
|
19
-68%
|
18
-5%
|
19
+6%
|
17
-12%
|
16
-4%
|
8
-53%
|
1
-93%
|
1
+61%
|
1
+12%
|
(0)
N/A
|
0
N/A
|
0
+214%
|
0
+8%
|
0
-52%
|
|
| Operating Income | |||||||||||||||||||||||||||
| Operating Expenses |
(58)
|
(56)
|
(55)
|
(54)
|
(56)
|
(67)
|
(80)
|
(61)
|
(58)
|
(52)
|
(53)
|
(51)
|
(47)
|
(47)
|
(27)
|
(17)
|
(18)
|
(17)
|
(1)
|
(2)
|
(1)
|
1
|
1
|
(1)
|
(1)
|
(0)
|
|
| Selling, General & Administrative |
(55)
|
(55)
|
(54)
|
(54)
|
(54)
|
(64)
|
(78)
|
(57)
|
(53)
|
(46)
|
(48)
|
(49)
|
(29)
|
(22)
|
(21)
|
(19)
|
(18)
|
(9)
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
| Depreciation & Amortization |
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(2)
|
(1)
|
(2)
|
(5)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Other Operating Expenses |
(1)
|
(1)
|
0
|
1
|
(1)
|
(1)
|
0
|
(2)
|
(4)
|
(4)
|
(4)
|
0
|
(17)
|
(24)
|
(4)
|
4
|
2
|
(3)
|
(0)
|
0
|
0
|
2
|
2
|
0
|
0
|
1
|
|
| Operating Income |
(5)
N/A
|
3
N/A
|
5
+68%
|
5
+4%
|
10
+93%
|
1
-94%
|
20
+2 924%
|
5
-76%
|
2
-63%
|
6
+228%
|
9
+56%
|
7
-29%
|
(28)
N/A
|
(30)
-6%
|
(8)
+73%
|
(0)
+95%
|
(2)
-350%
|
(10)
-450%
|
(1)
+92%
|
(1)
-2%
|
(0)
+88%
|
1
N/A
|
1
+21%
|
(0)
N/A
|
(1)
-86%
|
0
N/A
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||
| Interest Income Expense |
5
|
3
|
3
|
3
|
1
|
1
|
(0)
|
1
|
(0)
|
(1)
|
(4)
|
(7)
|
(6)
|
(3)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
|
| Non-Reccuring Items |
(3)
|
(0)
|
(0)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(17)
|
(17)
|
0
|
(4)
|
(4)
|
(0)
|
(6)
|
0
|
2
|
1
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
(5)
|
(5)
|
(5)
|
(5)
|
(3)
|
(5)
|
(5)
|
(5)
|
(2)
|
(3)
|
(2)
|
2
|
(2)
|
18
|
21
|
(1)
|
(1)
|
(0)
|
0
|
1
|
1
|
(0)
|
(0)
|
1
|
1
|
(0)
|
|
| Pre-Tax Income |
(8)
N/A
|
1
N/A
|
3
+167%
|
3
-9%
|
8
+172%
|
(3)
N/A
|
14
N/A
|
1
-94%
|
(1)
N/A
|
2
N/A
|
4
+82%
|
(16)
N/A
|
(52)
-236%
|
(15)
+71%
|
8
N/A
|
(5)
N/A
|
(3)
+35%
|
(17)
-403%
|
(1)
+95%
|
2
N/A
|
3
+25%
|
1
-64%
|
1
+15%
|
0
-63%
|
(0)
N/A
|
(0)
-330%
|
|
| Net Income | |||||||||||||||||||||||||||
| Tax Provision |
(2)
|
0
|
(3)
|
(2)
|
(3)
|
(1)
|
(6)
|
0
|
0
|
(1)
|
(2)
|
(4)
|
(1)
|
(4)
|
(4)
|
(1)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
|
| Income from Continuing Operations |
(11)
|
1
|
1
|
1
|
5
|
(4)
|
8
|
1
|
(0)
|
2
|
2
|
(20)
|
(53)
|
(19)
|
4
|
(6)
|
(4)
|
(17)
|
(1)
|
2
|
2
|
1
|
1
|
0
|
(0)
|
(0)
|
|
| 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
|
|
| Net Income (Common) |
(11)
N/A
|
1
N/A
|
1
-55%
|
1
+40%
|
5
+557%
|
(4)
N/A
|
8
N/A
|
1
-88%
|
(0)
N/A
|
1
N/A
|
2
+64%
|
(20)
N/A
|
(48)
-145%
|
(6)
+87%
|
11
N/A
|
(5)
N/A
|
(3)
+45%
|
(17)
-511%
|
(1)
+95%
|
1
N/A
|
2
+39%
|
1
-30%
|
1
-1%
|
1
+7%
|
1
-35%
|
(0)
N/A
|
|
| EPS (Diluted) |
-106.99
N/A
|
3.66
N/A
|
1.25
-66%
|
2.33
+86%
|
11.5
+394%
|
-14.36
N/A
|
20.22
N/A
|
3.33
-84%
|
-0.75
N/A
|
4.66
N/A
|
5.74
+23%
|
-48.75
N/A
|
-119.49
-145%
|
-15.99
+87%
|
28.25
N/A
|
-12.74
N/A
|
-2.8
+78%
|
-21.37
-663%
|
-0.34
+98%
|
0.56
N/A
|
0.78
+39%
|
0.54
-31%
|
0.53
-2%
|
0.57
+8%
|
0.37
-35%
|
-0.14
N/A
|
|