Danone SA
PAR:BN
Income Statement
Earnings Waterfall
Danone SA
Income Statement
Danone SA
| Dec-2001 | Jun-2002 | Dec-2002 | Jun-2003 | 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 | Jun-2024 | Dec-2024 | Jun-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
0
|
0
|
0
|
0
|
0
|
0
|
149
|
0
|
189
|
110
|
179
|
215
|
307
|
319
|
497
|
371
|
340
|
262
|
230
|
235
|
241
|
241
|
245
|
249
|
269
|
278
|
274
|
315
|
274
|
221
|
276
|
388
|
414
|
372
|
393
|
409
|
400
|
377
|
358
|
337
|
323
|
323
|
308
|
366
|
513
|
595
|
600
|
543
|
|
| Revenue |
14 470
N/A
|
14 330
-1%
|
13 555
-5%
|
13 025
-4%
|
13 131
+1%
|
12 766
-3%
|
12 273
-4%
|
12 453
+1%
|
13 024
+5%
|
12 795
-2%
|
12 068
-6%
|
12 368
+2%
|
12 776
+3%
|
20 467
+60%
|
15 220
-26%
|
15 049
-1%
|
14 982
0%
|
15 826
+6%
|
17 010
+7%
|
18 374
+8%
|
19 318
+5%
|
20 065
+4%
|
20 869
+4%
|
21 452
+3%
|
21 298
-1%
|
20 707
-3%
|
21 144
+2%
|
22 069
+4%
|
22 412
+2%
|
22 072
-2%
|
21 944
-1%
|
23 092
+5%
|
24 812
+7%
|
25 110
+1%
|
24 651
-2%
|
24 801
+1%
|
25 287
+2%
|
24 828
-2%
|
23 620
-5%
|
23 266
-1%
|
24 281
+4%
|
25 771
+6%
|
27 661
+7%
|
28 503
+3%
|
27 619
-3%
|
27 209
-1%
|
27 376
+1%
|
27 356
0%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(7 196)
|
(6 992)
|
(6 442)
|
(6 035)
|
(5 983)
|
(6 088)
|
(6 223)
|
(6 362)
|
(6 644)
|
(6 518)
|
(6 163)
|
(6 275)
|
(6 380)
|
(10 003)
|
(7 172)
|
(6 925)
|
(6 749)
|
(7 252)
|
(7 957)
|
(8 883)
|
(9 541)
|
(9 976)
|
(10 409)
|
(10 785)
|
(10 977)
|
(10 924)
|
(11 056)
|
(11 266)
|
(11 212)
|
(10 839)
|
(10 744)
|
(11 543)
|
(12 630)
|
(12 830)
|
(12 729)
|
(12 799)
|
(12 878)
|
(12 712)
|
(12 267)
|
(12 156)
|
(12 760)
|
(13 716)
|
(14 922)
|
(15 247)
|
(14 535)
|
(14 029)
|
(13 769)
|
(13 549)
|
|
| Gross Profit |
7 274
N/A
|
7 338
+1%
|
7 113
-3%
|
6 990
-2%
|
7 148
+2%
|
6 678
-7%
|
6 050
-9%
|
6 091
+1%
|
6 380
+5%
|
6 277
-2%
|
5 905
-6%
|
6 093
+3%
|
6 396
+5%
|
10 464
+64%
|
8 048
-23%
|
8 124
+1%
|
8 233
+1%
|
8 574
+4%
|
9 053
+6%
|
9 491
+5%
|
9 777
+3%
|
10 089
+3%
|
10 460
+4%
|
10 667
+2%
|
10 321
-3%
|
9 783
-5%
|
10 088
+3%
|
10 803
+7%
|
11 200
+4%
|
11 233
+0%
|
11 200
0%
|
11 549
+3%
|
12 182
+5%
|
12 280
+1%
|
11 922
-3%
|
12 002
+1%
|
12 409
+3%
|
12 116
-2%
|
11 353
-6%
|
11 110
-2%
|
11 521
+4%
|
12 055
+5%
|
12 739
+6%
|
13 256
+4%
|
13 084
-1%
|
13 180
+1%
|
13 607
+3%
|
13 807
+1%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(5 665)
|
(5 728)
|
(5 523)
|
(5 409)
|
(5 544)
|
(5 061)
|
(4 491)
|
(4 394)
|
(4 674)
|
(4 612)
|
(4 345)
|
(4 477)
|
(4 867)
|
(7 798)
|
(5 921)
|
(5 964)
|
(5 723)
|
(6 211)
|
(6 484)
|
(6 853)
|
(7 046)
|
(7 352)
|
(7 816)
|
(8 147)
|
(8 202)
|
(7 755)
|
(7 945)
|
(8 864)
|
(8 239)
|
(8 396)
|
(8 143)
|
(8 408)
|
(8 589)
|
(8 676)
|
(8 346)
|
(8 367)
|
(8 563)
|
(8 424)
|
(8 025)
|
(7 945)
|
(8 186)
|
(8 656)
|
(9 356)
|
(9 758)
|
(9 593)
|
(9 689)
|
(10 047)
|
(10 183)
|
|
| Selling, General & Administrative |
(5 319)
|
(5 363)
|
(5 134)
|
(5 000)
|
(5 153)
|
(4 643)
|
(4 084)
|
(4 138)
|
(4 348)
|
(4 309)
|
(4 048)
|
(4 194)
|
(4 441)
|
(7 220)
|
(5 494)
|
(5 517)
|
(5 568)
|
(5 823)
|
(6 290)
|
(6 457)
|
(6 785)
|
(6 885)
|
(7 342)
|
(7 389)
|
(7 288)
|
(6 856)
|
(7 147)
|
(7 353)
|
(7 867)
|
(7 567)
|
(7 786)
|
(7 751)
|
(8 284)
|
(8 084)
|
(8 069)
|
(7 945)
|
(8 158)
|
(8 019)
|
(7 651)
|
(7 573)
|
(7 882)
|
(8 296)
|
(8 984)
|
(9 264)
|
(9 074)
|
(9 121)
|
(9 576)
|
(9 593)
|
|
| Research & Development |
(126)
|
(129)
|
(133)
|
(128)
|
(130)
|
(127)
|
(129)
|
(132)
|
(123)
|
(109)
|
(103)
|
(102)
|
(121)
|
(222)
|
(198)
|
(193)
|
(206)
|
(217)
|
(209)
|
(216)
|
(233)
|
(244)
|
(257)
|
(271)
|
(275)
|
(269)
|
(272)
|
(280)
|
(307)
|
(321)
|
(333)
|
(340)
|
(342)
|
(343)
|
(335)
|
(341)
|
(351)
|
(339)
|
(323)
|
(332)
|
(338)
|
(327)
|
(339)
|
(362)
|
(398)
|
(425)
|
(447)
|
(467)
|
|
| Other Operating Expenses |
(220)
|
(236)
|
(256)
|
(281)
|
(261)
|
(291)
|
(278)
|
(124)
|
(203)
|
(194)
|
(194)
|
(181)
|
(305)
|
(356)
|
(229)
|
(254)
|
51
|
(171)
|
15
|
(180)
|
(28)
|
(223)
|
(217)
|
(487)
|
(639)
|
(630)
|
(526)
|
(1 231)
|
(65)
|
(508)
|
(24)
|
(317)
|
37
|
(249)
|
58
|
(81)
|
(54)
|
(66)
|
(51)
|
(40)
|
34
|
(33)
|
(33)
|
(132)
|
(121)
|
(143)
|
(24)
|
(123)
|
|
| Operating Income |
1 609
N/A
|
1 610
+0%
|
1 590
-1%
|
1 581
-1%
|
1 604
+1%
|
1 617
+1%
|
1 559
-4%
|
1 697
+9%
|
1 706
+1%
|
1 665
-2%
|
1 560
-6%
|
1 616
+4%
|
1 529
-5%
|
2 666
+74%
|
2 127
-20%
|
2 160
+2%
|
2 510
+16%
|
2 363
-6%
|
2 569
+9%
|
2 638
+3%
|
2 731
+4%
|
2 737
+0%
|
2 644
-3%
|
2 520
-5%
|
2 119
-16%
|
2 028
-4%
|
2 143
+6%
|
1 939
-10%
|
2 961
+53%
|
2 837
-4%
|
3 057
+8%
|
3 141
+3%
|
3 593
+14%
|
3 604
+0%
|
3 576
-1%
|
3 635
+2%
|
3 846
+6%
|
3 692
-4%
|
3 328
-10%
|
3 165
-5%
|
3 335
+5%
|
3 399
+2%
|
3 383
0%
|
3 498
+3%
|
3 491
0%
|
3 491
N/A
|
3 560
+2%
|
3 624
+2%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(180)
|
(160)
|
(110)
|
(85)
|
(70)
|
9
|
(94)
|
(271)
|
(101)
|
(36)
|
(1)
|
(52)
|
(175)
|
(353)
|
(439)
|
(431)
|
(264)
|
(158)
|
(143)
|
(167)
|
(174)
|
(162)
|
(170)
|
(180)
|
(193)
|
(202)
|
(179)
|
(170)
|
(152)
|
(140)
|
(146)
|
(206)
|
(263)
|
(244)
|
(231)
|
(234)
|
(220)
|
(212)
|
(207)
|
(184)
|
(167)
|
(158)
|
(153)
|
(149)
|
(172)
|
(194)
|
(197)
|
(191)
|
|
| Non-Reccuring Items |
(757)
|
(1 781)
|
458
|
1 468
|
(60)
|
(8)
|
0
|
0
|
0
|
0
|
0
|
0
|
17
|
0
|
60
|
318
|
1
|
0
|
(52)
|
0
|
(2)
|
0
|
103
|
0
|
9
|
0
|
8
|
0
|
(755)
|
0
|
(147)
|
(99)
|
98
|
(439)
|
(833)
|
(441)
|
(609)
|
(418)
|
(530)
|
(1 096)
|
(1 078)
|
(607)
|
(1 240)
|
(1 075)
|
(1 449)
|
(1 316)
|
(181)
|
(486)
|
|
| Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
104
|
55
|
(9)
|
(19)
|
(29)
|
(16)
|
(2)
|
(26)
|
(145)
|
(156)
|
(225)
|
(244)
|
123
|
137
|
(120)
|
(137)
|
(132)
|
(78)
|
(70)
|
(120)
|
(133)
|
(137)
|
(129)
|
(126)
|
(134)
|
(153)
|
(136)
|
(130)
|
(119)
|
(122)
|
(150)
|
(146)
|
(103)
|
(85)
|
(95)
|
(122)
|
(158)
|
(156)
|
(184)
|
(166)
|
(183)
|
(214)
|
|
| Pre-Tax Income |
672
N/A
|
(331)
N/A
|
1 938
N/A
|
2 964
+53%
|
1 474
-50%
|
1 618
+10%
|
1 569
-3%
|
1 481
-6%
|
1 596
+8%
|
1 610
+1%
|
1 530
-5%
|
1 548
+1%
|
1 369
-12%
|
2 287
+67%
|
1 603
-30%
|
1 891
+18%
|
2 022
+7%
|
1 961
-3%
|
2 497
+27%
|
2 608
+4%
|
2 435
-7%
|
2 438
+0%
|
2 445
+0%
|
2 262
-7%
|
1 865
-18%
|
1 706
-9%
|
1 839
+8%
|
1 632
-11%
|
1 925
+18%
|
2 571
+34%
|
2 630
+2%
|
2 683
+2%
|
3 292
+23%
|
2 791
-15%
|
2 393
-14%
|
2 838
+19%
|
2 867
+1%
|
2 916
+2%
|
2 488
-15%
|
1 800
-28%
|
1 995
+11%
|
2 512
+26%
|
1 832
-27%
|
2 118
+16%
|
1 686
-20%
|
1 815
+8%
|
2 999
+65%
|
2 733
-9%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(416)
|
(400)
|
(490)
|
(493)
|
(488)
|
(492)
|
(428)
|
(400)
|
(473)
|
(462)
|
(287)
|
(322)
|
(410)
|
(651)
|
(443)
|
(430)
|
(424)
|
(471)
|
(578)
|
(634)
|
(626)
|
(634)
|
(712)
|
(686)
|
(604)
|
(573)
|
(599)
|
(614)
|
(626)
|
(735)
|
(804)
|
(827)
|
(842)
|
(823)
|
(716)
|
(631)
|
(793)
|
(844)
|
(762)
|
(602)
|
(589)
|
(747)
|
(778)
|
(831)
|
(768)
|
(743)
|
(929)
|
(898)
|
|
| Income from Continuing Operations |
256
|
(731)
|
1 448
|
2 471
|
986
|
1 126
|
1 141
|
1 081
|
1 123
|
1 148
|
1 243
|
1 226
|
959
|
1 636
|
1 160
|
1 461
|
1 598
|
1 490
|
1 919
|
1 974
|
1 809
|
1 804
|
1 733
|
1 576
|
1 261
|
1 133
|
1 240
|
1 018
|
1 299
|
1 836
|
1 826
|
1 856
|
2 450
|
1 968
|
1 677
|
2 207
|
2 074
|
2 072
|
1 726
|
1 198
|
1 406
|
1 765
|
1 054
|
1 287
|
918
|
1 072
|
2 070
|
1 835
|
|
| Income to Minority Interest |
(163)
|
(186)
|
(182)
|
(172)
|
(184)
|
(180)
|
(189)
|
(198)
|
(207)
|
(212)
|
(207)
|
(195)
|
(158)
|
(237)
|
(178)
|
(175)
|
(160)
|
(167)
|
(165)
|
(170)
|
(184)
|
(179)
|
(115)
|
(104)
|
(128)
|
(114)
|
(134)
|
(134)
|
(115)
|
(111)
|
(107)
|
(109)
|
(110)
|
(100)
|
(90)
|
(94)
|
(99)
|
(87)
|
(74)
|
(73)
|
(67)
|
(66)
|
(64)
|
(63)
|
(72)
|
(75)
|
(79)
|
(74)
|
|
| Equity Earnings Affiliates |
39
|
44
|
17
|
17
|
37
|
37
|
(550)
|
(705)
|
44
|
107
|
(49)
|
50
|
87
|
113
|
62
|
66
|
(77)
|
(56)
|
121
|
93
|
46
|
62
|
54
|
291
|
289
|
39
|
14
|
44
|
99
|
22
|
1
|
67
|
109
|
811
|
762
|
66
|
(46)
|
(75)
|
304
|
884
|
585
|
(106)
|
(32)
|
90
|
36
|
11
|
30
|
81
|
|
| Net Income (Common) |
132
N/A
|
(873)
N/A
|
1 283
N/A
|
2 316
+81%
|
839
-64%
|
983
+17%
|
449
-54%
|
248
-45%
|
1 464
+490%
|
1 822
+24%
|
1 353
-26%
|
1 305
-4%
|
4 180
+220%
|
5 059
+21%
|
1 313
-74%
|
1 366
+4%
|
1 361
0%
|
1 267
-7%
|
1 875
+48%
|
1 897
+1%
|
1 671
-12%
|
1 687
+1%
|
1 672
-1%
|
1 763
+5%
|
1 422
-19%
|
1 058
-26%
|
1 119
+6%
|
927
-17%
|
1 282
+38%
|
1 746
+36%
|
1 720
-1%
|
1 815
+6%
|
2 447
+35%
|
2 669
+9%
|
2 335
-13%
|
2 165
-7%
|
1 915
-12%
|
1 895
-1%
|
1 941
+2%
|
1 994
+3%
|
1 898
-5%
|
1 570
-17%
|
945
-40%
|
1 300
+38%
|
873
-33%
|
1 003
+15%
|
2 018
+101%
|
1 839
-9%
|
|
| EPS (Diluted) |
0.22
N/A
|
-1.43
N/A
|
2.14
N/A
|
3.96
+85%
|
1.51
-62%
|
1.73
+15%
|
0.79
-54%
|
0.44
-44%
|
2.66
+505%
|
3.37
+27%
|
2.51
-26%
|
2.46
-2%
|
7.92
+222%
|
9.61
+21%
|
2.49
-74%
|
2.82
+13%
|
2.41
-15%
|
2.05
-15%
|
3.04
+48%
|
3.13
+3%
|
2.77
-12%
|
2.8
+1%
|
2.77
-1%
|
2.97
+7%
|
2.42
-19%
|
1.8
-26%
|
1.88
+4%
|
1.54
-18%
|
2.1
+36%
|
2.84
+35%
|
2.79
-2%
|
2.93
+5%
|
3.9
+33%
|
4.17
+7%
|
3.63
-13%
|
3.34
-8%
|
2.95
-12%
|
2.92
-1%
|
2.99
+2%
|
3.07
+3%
|
2.94
-4%
|
2.45
-17%
|
1.48
-40%
|
2.03
+37%
|
1.36
-33%
|
1.56
+15%
|
3.13
+101%
|
2.85
-9%
|
|