Vicat SA
PAR:VCT
Income Statement
Earnings Waterfall
Vicat SA
Income Statement
Vicat 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 | Jun-2024 | Dec-2024 | Jun-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
0
|
0
|
0
|
11
|
31
|
23
|
26
|
27
|
30
|
32
|
42
|
39
|
35
|
40
|
46
|
57
|
61
|
50
|
53
|
53
|
60
|
63
|
63
|
64
|
56
|
46
|
44
|
44
|
45
|
49
|
50
|
55
|
61
|
60
|
60
|
57
|
55
|
61
|
76
|
87
|
97
|
108
|
108
|
92
|
|
| Revenue |
1 474
N/A
|
1 548
+5%
|
1 624
+5%
|
1 692
+4%
|
1 804
+7%
|
1 977
+10%
|
2 083
+5%
|
2 124
+2%
|
2 137
+1%
|
2 109
-1%
|
2 057
-2%
|
1 964
-5%
|
1 896
-3%
|
1 919
+1%
|
2 014
+5%
|
2 175
+8%
|
2 266
+4%
|
2 248
-1%
|
2 292
+2%
|
2 311
+1%
|
2 286
-1%
|
2 356
+3%
|
2 423
+3%
|
2 448
+1%
|
2 458
+0%
|
2 453
0%
|
2 454
+0%
|
2 464
+0%
|
2 563
+4%
|
2 597
+1%
|
2 582
-1%
|
2 641
+2%
|
2 740
+4%
|
2 704
-1%
|
2 805
+4%
|
3 061
+9%
|
3 123
+2%
|
3 318
+6%
|
3 642
+10%
|
3 800
+4%
|
3 937
+4%
|
3 962
+1%
|
3 884
-2%
|
3 832
-1%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(836)
|
(877)
|
(912)
|
(948)
|
(1 010)
|
(1 122)
|
(1 186)
|
(1 200)
|
(1 206)
|
(1 201)
|
(1 199)
|
(1 137)
|
(1 077)
|
(1 102)
|
(1 183)
|
(1 308)
|
(1 396)
|
(1 420)
|
(1 461)
|
(1 486)
|
(1 482)
|
(1 541)
|
(1 583)
|
(1 585)
|
(1 581)
|
(1 575)
|
(1 555)
|
(1 568)
|
(1 660)
|
(1 674)
|
(1 645)
|
(1 663)
|
(1 711)
|
(1 679)
|
(1 720)
|
(1 892)
|
(2 002)
|
(2 213)
|
(2 509)
|
(2 603)
|
(2 598)
|
(2 569)
|
(2 484)
|
(2 437)
|
|
| Gross Profit |
638
N/A
|
666
+4%
|
713
+7%
|
745
+5%
|
794
+7%
|
855
+8%
|
897
+5%
|
924
+3%
|
930
+1%
|
908
-2%
|
858
-5%
|
828
-4%
|
819
-1%
|
817
0%
|
831
+2%
|
867
+4%
|
870
+0%
|
828
-5%
|
831
+0%
|
825
-1%
|
804
-3%
|
816
+1%
|
839
+3%
|
863
+3%
|
877
+2%
|
878
+0%
|
899
+2%
|
896
0%
|
903
+1%
|
923
+2%
|
938
+2%
|
978
+4%
|
1 029
+5%
|
1 025
0%
|
1 085
+6%
|
1 169
+8%
|
1 121
-4%
|
1 105
-1%
|
1 133
+3%
|
1 197
+6%
|
1 339
+12%
|
1 393
+4%
|
1 400
+1%
|
1 395
0%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(423)
|
(417)
|
(437)
|
(431)
|
(445)
|
(451)
|
(475)
|
(490)
|
(485)
|
(468)
|
(483)
|
(507)
|
(516)
|
(514)
|
(508)
|
(526)
|
(571)
|
(584)
|
(591)
|
(587)
|
(578)
|
(581)
|
(588)
|
(628)
|
(633)
|
(629)
|
(646)
|
(666)
|
(674)
|
(673)
|
(695)
|
(742)
|
(775)
|
(801)
|
(817)
|
(809)
|
(793)
|
(809)
|
(864)
|
(896)
|
(936)
|
(967)
|
(958)
|
(954)
|
|
| Selling, General & Administrative |
(303)
|
(307)
|
(311)
|
(327)
|
(336)
|
(345)
|
(348)
|
(349)
|
(348)
|
(348)
|
(353)
|
(363)
|
(365)
|
(369)
|
(370)
|
(378)
|
(399)
|
(408)
|
(411)
|
(408)
|
(410)
|
(417)
|
(421)
|
(448)
|
(461)
|
(459)
|
(466)
|
(479)
|
(483)
|
(480)
|
(488)
|
(513)
|
(540)
|
(551)
|
(552)
|
(553)
|
(541)
|
(552)
|
(464)
|
(608)
|
(498)
|
(655)
|
(528)
|
(684)
|
|
| Depreciation & Amortization |
(122)
|
(119)
|
(126)
|
(118)
|
(117)
|
(115)
|
(137)
|
(137)
|
(131)
|
(136)
|
(135)
|
(143)
|
(149)
|
(155)
|
(166)
|
(174)
|
(181)
|
(187)
|
(191)
|
(191)
|
(189)
|
(183)
|
(181)
|
(191)
|
(197)
|
(192)
|
(188)
|
(190)
|
(188)
|
(205)
|
(230)
|
(243)
|
(259)
|
(262)
|
(256)
|
(256)
|
(258)
|
(270)
|
(281)
|
(289)
|
(300)
|
(313)
|
(314)
|
(312)
|
|
| Other Operating Expenses |
2
|
9
|
0
|
14
|
8
|
9
|
10
|
(4)
|
(6)
|
16
|
5
|
(1)
|
(2)
|
10
|
28
|
27
|
8
|
11
|
10
|
13
|
21
|
19
|
14
|
11
|
24
|
22
|
8
|
3
|
(3)
|
12
|
23
|
15
|
24
|
13
|
(8)
|
0
|
6
|
13
|
(120)
|
1
|
(138)
|
0
|
(116)
|
41
|
|
| Operating Income |
215
N/A
|
254
+18%
|
276
+9%
|
314
+14%
|
349
+11%
|
404
+16%
|
422
+5%
|
434
+3%
|
446
+3%
|
440
-1%
|
375
-15%
|
321
-14%
|
303
-6%
|
303
N/A
|
323
+7%
|
342
+6%
|
298
-13%
|
244
-18%
|
240
-2%
|
239
-1%
|
226
-5%
|
235
+4%
|
251
+7%
|
234
-7%
|
244
+4%
|
249
+2%
|
253
+2%
|
230
-9%
|
230
0%
|
250
+9%
|
243
-3%
|
237
-2%
|
254
+7%
|
224
-12%
|
268
+20%
|
361
+35%
|
328
-9%
|
296
-10%
|
269
-9%
|
301
+12%
|
403
+34%
|
426
+6%
|
442
+4%
|
440
-1%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
0
|
0
|
0
|
(11)
|
(12)
|
2
|
(3)
|
(18)
|
(14)
|
(22)
|
(20)
|
(22)
|
(20)
|
(18)
|
(20)
|
(29)
|
(33)
|
(33)
|
(28)
|
(30)
|
(40)
|
(50)
|
(44)
|
(41)
|
(40)
|
(27)
|
(16)
|
(11)
|
(12)
|
(16)
|
(15)
|
(18)
|
(23)
|
(25)
|
(29)
|
(26)
|
(18)
|
(11)
|
(21)
|
(55)
|
(40)
|
(46)
|
(55)
|
(40)
|
|
| Non-Reccuring Items |
9
|
0
|
1
|
0
|
3
|
0
|
3
|
1
|
2
|
3
|
4
|
3
|
(1)
|
6
|
7
|
5
|
0
|
(0)
|
2
|
4
|
(1)
|
(1)
|
3
|
(0)
|
(0)
|
2
|
(0)
|
0
|
(2)
|
(2)
|
2
|
(1)
|
1
|
(0)
|
1
|
6
|
1
|
0
|
(10)
|
(5)
|
(10)
|
(13)
|
(14)
|
(13)
|
|
| Gain/Loss on Disposition of Assets |
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
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
(27)
|
(29)
|
(27)
|
(19)
|
(7)
|
(6)
|
(2)
|
(2)
|
(0)
|
(1)
|
(3)
|
(3)
|
0
|
(5)
|
(2)
|
(3)
|
(7)
|
(7)
|
(7)
|
(4)
|
(5)
|
(6)
|
(7)
|
(7)
|
(2)
|
(3)
|
(5)
|
(6)
|
(7)
|
(7)
|
(5)
|
(6)
|
(4)
|
3
|
6
|
3
|
1
|
3
|
3
|
1
|
0
|
8
|
13
|
9
|
|
| Pre-Tax Income |
197
N/A
|
224
+14%
|
250
+11%
|
284
+14%
|
333
+17%
|
399
+20%
|
420
+5%
|
416
-1%
|
434
+4%
|
420
-3%
|
356
-15%
|
300
-16%
|
281
-6%
|
286
+2%
|
309
+8%
|
315
+2%
|
259
-18%
|
203
-22%
|
208
+2%
|
209
+0%
|
181
-13%
|
177
-2%
|
203
+15%
|
187
-8%
|
202
+8%
|
221
+10%
|
232
+5%
|
214
-8%
|
209
-2%
|
226
+8%
|
225
-1%
|
212
-6%
|
228
+8%
|
202
-11%
|
247
+22%
|
344
+39%
|
312
-9%
|
288
-8%
|
241
-16%
|
242
+1%
|
353
+46%
|
375
+6%
|
386
+3%
|
396
+3%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(67)
|
(78)
|
(85)
|
(89)
|
(103)
|
(107)
|
(107)
|
(114)
|
(109)
|
(102)
|
(83)
|
(58)
|
(48)
|
(43)
|
(45)
|
(62)
|
(66)
|
(58)
|
(60)
|
(62)
|
(57)
|
(57)
|
(59)
|
(56)
|
(62)
|
(66)
|
(67)
|
(63)
|
(53)
|
(54)
|
(66)
|
(66)
|
(68)
|
(61)
|
(75)
|
(100)
|
(89)
|
(80)
|
(65)
|
(45)
|
(58)
|
(75)
|
(95)
|
(105)
|
|
| Income from Continuing Operations |
130
|
146
|
165
|
195
|
231
|
292
|
314
|
302
|
325
|
318
|
273
|
242
|
234
|
243
|
264
|
253
|
193
|
145
|
148
|
147
|
123
|
120
|
144
|
131
|
139
|
155
|
165
|
150
|
156
|
172
|
159
|
146
|
160
|
141
|
172
|
245
|
222
|
208
|
175
|
197
|
295
|
301
|
290
|
292
|
|
| Income to Minority Interest |
(5)
|
(5)
|
(8)
|
(9)
|
(10)
|
(23)
|
(31)
|
(31)
|
(31)
|
(28)
|
(28)
|
(36)
|
(42)
|
(46)
|
(62)
|
(54)
|
(30)
|
(21)
|
(19)
|
(14)
|
(3)
|
(4)
|
(15)
|
(19)
|
(21)
|
(23)
|
(26)
|
(20)
|
(14)
|
(12)
|
(10)
|
(9)
|
(11)
|
(12)
|
(16)
|
(22)
|
(18)
|
(20)
|
(19)
|
(25)
|
(37)
|
(33)
|
(17)
|
(20)
|
|
| Equity Earnings Affiliates |
1
|
1
|
1
|
1
|
1
|
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
|
|
| Net Income (Common) |
126
N/A
|
143
+14%
|
158
+11%
|
187
+18%
|
222
+19%
|
271
+22%
|
282
+4%
|
277
-2%
|
299
+8%
|
290
-3%
|
245
-15%
|
206
-16%
|
191
-7%
|
197
+3%
|
203
+3%
|
199
-2%
|
164
-18%
|
124
-24%
|
129
+4%
|
133
+3%
|
120
-9%
|
116
-3%
|
128
+11%
|
112
-13%
|
118
+6%
|
133
+12%
|
139
+5%
|
130
-7%
|
142
+9%
|
160
+13%
|
149
-7%
|
137
-8%
|
149
+9%
|
130
-13%
|
156
+20%
|
223
+43%
|
204
-8%
|
188
-8%
|
156
-17%
|
172
+10%
|
258
+50%
|
268
+4%
|
273
+2%
|
271
-1%
|
|
| EPS (Diluted) |
2.69
N/A
|
3.06
+14%
|
3.38
+10%
|
4
+18%
|
4.81
+20%
|
5.79
+20%
|
6.12
+6%
|
5.93
-3%
|
6.39
+8%
|
6.45
+1%
|
5.46
-15%
|
4.59
-16%
|
4.26
-7%
|
4.38
+3%
|
4.52
+3%
|
4.43
-2%
|
3.64
-18%
|
2.76
-24%
|
2.87
+4%
|
2.95
+3%
|
2.68
-9%
|
2.59
-3%
|
2.86
+10%
|
2.48
-13%
|
2.63
+6%
|
2.95
+12%
|
3.1
+5%
|
2.9
-6%
|
3.17
+9%
|
3.57
+13%
|
3.32
-7%
|
3.06
-8%
|
3.31
+8%
|
2.87
-13%
|
3.47
+21%
|
4.95
+43%
|
4.55
-8%
|
4.25
-7%
|
3.48
-18%
|
3.81
+9%
|
5.76
+51%
|
5.98
+4%
|
6.09
+2%
|
6.05
-1%
|
|