BCE Inc
TSX:BCE
Income Statement
Earnings Waterfall
BCE Inc
Revenue
|
24.7B
CAD
|
Cost of Revenue
|
-7.9B
CAD
|
Gross Profit
|
16.7B
CAD
|
Operating Expenses
|
-11.2B
CAD
|
Operating Income
|
5.5B
CAD
|
Other Expenses
|
-3.4B
CAD
|
Net Income
|
2.1B
CAD
|
Income Statement
BCE Inc
Dec-2013 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
20 400
N/A
|
20 580
+1%
|
20 800
+1%
|
20 896
+0%
|
21 042
+1%
|
21 183
+1%
|
21 289
+1%
|
21 439
+1%
|
21 514
+0%
|
21 544
+0%
|
21 558
+0%
|
21 620
+0%
|
21 719
+0%
|
21 785
+0%
|
22 133
+2%
|
22 423
+1%
|
22 757
+1%
|
23 011
+1%
|
23 109
+0%
|
23 289
+1%
|
23 468
+1%
|
23 567
+0%
|
23 670
+0%
|
23 733
+0%
|
23 793
+0%
|
23 744
0%
|
23 209
-2%
|
23 056
-1%
|
22 883
-1%
|
22 949
+0%
|
23 293
+1%
|
23 342
+0%
|
23 449
+0%
|
23 593
+1%
|
23 756
+1%
|
23 944
+1%
|
24 174
+1%
|
24 378
+1%
|
24 583
+1%
|
24 639
+0%
|
24 673
+0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(5 945)
|
(6 008)
|
(6 080)
|
(6 132)
|
(6 265)
|
(6 339)
|
(6 385)
|
(6 504)
|
(6 598)
|
(6 607)
|
(6 618)
|
(6 646)
|
(6 705)
|
(6 757)
|
(6 887)
|
(6 955)
|
(7 014)
|
(7 097)
|
(7 139)
|
(7 246)
|
(7 360)
|
(7 388)
|
(7 374)
|
(7 366)
|
(7 356)
|
(7 272)
|
(7 037)
|
(7 047)
|
(6 967)
|
(7 055)
|
(7 248)
|
(7 183)
|
(7 290)
|
(7 276)
|
(7 306)
|
(7 446)
|
(7 641)
|
(7 867)
|
(8 009)
|
(7 989)
|
(7 926)
|
|
Gross Profit |
14 455
N/A
|
14 572
+1%
|
14 720
+1%
|
14 764
+0%
|
14 777
+0%
|
14 844
+0%
|
14 904
+0%
|
14 935
+0%
|
14 916
0%
|
14 937
+0%
|
14 940
+0%
|
14 974
+0%
|
15 014
+0%
|
15 028
+0%
|
15 246
+1%
|
15 468
+1%
|
15 743
+2%
|
15 914
+1%
|
15 970
+0%
|
16 043
+0%
|
16 108
+0%
|
16 179
+0%
|
16 296
+1%
|
16 367
+0%
|
16 437
+0%
|
16 472
+0%
|
16 172
-2%
|
16 009
-1%
|
15 916
-1%
|
15 894
0%
|
16 045
+1%
|
16 159
+1%
|
16 159
N/A
|
16 317
+1%
|
16 450
+1%
|
16 498
+0%
|
16 533
+0%
|
16 511
0%
|
16 574
+0%
|
16 650
+0%
|
16 747
+1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(9 746)
|
(9 831)
|
(9 938)
|
(9 940)
|
(9 926)
|
(9 894)
|
(9 876)
|
(9 840)
|
(9 785)
|
(9 786)
|
(9 733)
|
(9 725)
|
(9 734)
|
(9 766)
|
(9 978)
|
(10 131)
|
(10 305)
|
(10 471)
|
(10 510)
|
(10 563)
|
(10 587)
|
(10 628)
|
(10 694)
|
(10 732)
|
(10 775)
|
(10 772)
|
(10 717)
|
(10 699)
|
(10 713)
|
(10 725)
|
(10 781)
|
(10 830)
|
(10 875)
|
(10 896)
|
(10 961)
|
(11 013)
|
(11 057)
|
(11 131)
|
(11 172)
|
(11 220)
|
(11 248)
|
|
Selling, General & Administrative |
(6 366)
|
(6 423)
|
(6 493)
|
(6 485)
|
(4 582)
|
(6 469)
|
(6 476)
|
(6 435)
|
(6 231)
|
(6 317)
|
(5 996)
|
(5 981)
|
(6 079)
|
(5 984)
|
(6 341)
|
(6 394)
|
(6 342)
|
(6 544)
|
(6 552)
|
(6 573)
|
(6 467)
|
(6 516)
|
(6 491)
|
(6 451)
|
(6 322)
|
(6 430)
|
(6 371)
|
(6 322)
|
(6 262)
|
(6 276)
|
(6 282)
|
(6 292)
|
(6 209)
|
(6 269)
|
(6 288)
|
(6 306)
|
(6 277)
|
(6 358)
|
(6 366)
|
(6 363)
|
(6 240)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(134)
|
0
|
0
|
0
|
(147)
|
0
|
0
|
0
|
(119)
|
0
|
0
|
0
|
(106)
|
0
|
0
|
0
|
(109)
|
0
|
0
|
0
|
(47)
|
0
|
0
|
0
|
(57)
|
0
|
0
|
0
|
(57)
|
0
|
0
|
0
|
(90)
|
|
Depreciation & Amortization |
(3 380)
|
(3 408)
|
(3 445)
|
(3 455)
|
(3 452)
|
(3 425)
|
(3 400)
|
(3 405)
|
(3 420)
|
(3 469)
|
(3 484)
|
(3 491)
|
(3 508)
|
(3 529)
|
(3 637)
|
(3 737)
|
(3 844)
|
(3 927)
|
(3 958)
|
(3 990)
|
(4 014)
|
(4 112)
|
(4 203)
|
(4 281)
|
(4 344)
|
(4 342)
|
(4 346)
|
(4 377)
|
(4 404)
|
(4 449)
|
(4 499)
|
(4 538)
|
(4 609)
|
(4 627)
|
(4 673)
|
(4 707)
|
(4 723)
|
(4 773)
|
(4 806)
|
(4 857)
|
(4 918)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
(1 892)
|
0
|
0
|
0
|
0
|
0
|
(253)
|
(253)
|
0
|
(253)
|
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 |
4 709
N/A
|
4 741
+1%
|
4 782
+1%
|
4 824
+1%
|
4 851
+1%
|
4 950
+2%
|
5 028
+2%
|
5 095
+1%
|
5 131
+1%
|
5 151
+0%
|
5 207
+1%
|
5 249
+1%
|
5 280
+1%
|
5 262
0%
|
5 268
+0%
|
5 337
+1%
|
5 438
+2%
|
5 443
+0%
|
5 460
+0%
|
5 480
+0%
|
5 521
+1%
|
5 551
+1%
|
5 602
+1%
|
5 635
+1%
|
5 662
+0%
|
5 700
+1%
|
5 455
-4%
|
5 310
-3%
|
5 203
-2%
|
5 169
-1%
|
5 264
+2%
|
5 329
+1%
|
5 284
-1%
|
5 421
+3%
|
5 489
+1%
|
5 485
0%
|
5 476
0%
|
5 380
-2%
|
5 402
+0%
|
5 430
+1%
|
5 499
+1%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(876)
|
(872)
|
(841)
|
(814)
|
(755)
|
(816)
|
(783)
|
(750)
|
(832)
|
(821)
|
(786)
|
(858)
|
(852)
|
(864)
|
(903)
|
(925)
|
(915)
|
(1 010)
|
(1 101)
|
(1 118)
|
(1 149)
|
(1 023)
|
(1 033)
|
(971)
|
(1 041)
|
(1 153)
|
(1 129)
|
(1 187)
|
(1 153)
|
(1 087)
|
(969)
|
(932)
|
(905)
|
(842)
|
(1 022)
|
(1 185)
|
(1 236)
|
(1 387)
|
(1 671)
|
(1 762)
|
(1 984)
|
|
Non-Reccuring Items |
(461)
|
(449)
|
(465)
|
(211)
|
(350)
|
(546)
|
(516)
|
(491)
|
(513)
|
(342)
|
(375)
|
(354)
|
(155)
|
(186)
|
(169)
|
(183)
|
(292)
|
(212)
|
(214)
|
(232)
|
(356)
|
(380)
|
(396)
|
(363)
|
(234)
|
(246)
|
(659)
|
(686)
|
(638)
|
(743)
|
(443)
|
(442)
|
(459)
|
(347)
|
(322)
|
(315)
|
(391)
|
(441)
|
(396)
|
(363)
|
(344)
|
|
Gain/Loss on Disposition of Assets |
(68)
|
(64)
|
(69)
|
(74)
|
(51)
|
(65)
|
(65)
|
(63)
|
(55)
|
(41)
|
(38)
|
(31)
|
(28)
|
(37)
|
(40)
|
(44)
|
(47)
|
(29)
|
(22)
|
(18)
|
11
|
5
|
6
|
5
|
(9)
|
(20)
|
(73)
|
(69)
|
(83)
|
(72)
|
(21)
|
(24)
|
(24)
|
(25)
|
(20)
|
(21)
|
(27)
|
26
|
5
|
(11)
|
11
|
|
Total Other Income |
(88)
|
(108)
|
(83)
|
(74)
|
(48)
|
(63)
|
(43)
|
(52)
|
(77)
|
(34)
|
(54)
|
(30)
|
(48)
|
(57)
|
(71)
|
(85)
|
(65)
|
(67)
|
(63)
|
(60)
|
(59)
|
(57)
|
(45)
|
(30)
|
(25)
|
(29)
|
(41)
|
(52)
|
(64)
|
(33)
|
(13)
|
10
|
40
|
58
|
56
|
47
|
71
|
104
|
126
|
173
|
141
|
|
Pre-Tax Income |
3 216
N/A
|
3 248
+1%
|
3 324
+2%
|
3 651
+10%
|
3 647
0%
|
3 460
-5%
|
3 621
+5%
|
3 739
+3%
|
3 654
-2%
|
3 913
+7%
|
3 954
+1%
|
3 976
+1%
|
4 197
+6%
|
4 118
-2%
|
4 085
-1%
|
4 100
+0%
|
4 119
+0%
|
4 125
+0%
|
4 060
-2%
|
4 052
0%
|
3 968
-2%
|
4 096
+3%
|
4 134
+1%
|
4 276
+3%
|
4 353
+2%
|
4 252
-2%
|
3 553
-16%
|
3 316
-7%
|
3 265
-2%
|
3 234
-1%
|
3 818
+18%
|
3 941
+3%
|
3 936
0%
|
4 265
+8%
|
4 181
-2%
|
4 011
-4%
|
3 893
-3%
|
3 682
-5%
|
3 466
-6%
|
3 467
+0%
|
3 323
-4%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(828)
|
(818)
|
(858)
|
(934)
|
(929)
|
(873)
|
(927)
|
(957)
|
(924)
|
(1 008)
|
(1 033)
|
(1 046)
|
(1 110)
|
(1 101)
|
(1 084)
|
(1 049)
|
(1 069)
|
(1 054)
|
(1 048)
|
(1 023)
|
(995)
|
(1 050)
|
(1 033)
|
(1 128)
|
(1 129)
|
(1 082)
|
(903)
|
(846)
|
(792)
|
(802)
|
(942)
|
(986)
|
(1 044)
|
(1 126)
|
(1 122)
|
(994)
|
(967)
|
(902)
|
(943)
|
(1 008)
|
(996)
|
|
Income from Continuing Operations |
2 388
|
2 430
|
2 466
|
2 717
|
2 718
|
2 587
|
2 694
|
2 782
|
2 730
|
2 905
|
2 921
|
2 930
|
3 087
|
3 017
|
3 001
|
3 051
|
3 050
|
3 071
|
3 012
|
3 029
|
2 973
|
3 046
|
3 101
|
3 148
|
3 224
|
3 170
|
2 650
|
2 470
|
2 473
|
2 432
|
2 876
|
2 955
|
2 892
|
3 139
|
3 059
|
3 017
|
2 926
|
2 780
|
2 523
|
2 459
|
2 327
|
|
Income to Minority Interest |
(282)
|
(275)
|
(276)
|
(271)
|
(218)
|
(165)
|
(113)
|
(55)
|
(52)
|
(53)
|
(54)
|
(56)
|
(56)
|
(57)
|
(57)
|
(57)
|
(56)
|
(53)
|
(52)
|
(53)
|
(44)
|
(45)
|
(47)
|
(48)
|
(62)
|
(64)
|
(69)
|
(67)
|
(65)
|
(63)
|
(57)
|
(63)
|
(52)
|
(62)
|
(68)
|
(63)
|
(58)
|
(52)
|
(51)
|
(54)
|
(64)
|
|
Net Income (Common) |
1 975
N/A
|
2 024
+2%
|
2 059
+2%
|
2 316
+12%
|
2 363
+2%
|
2 280
-4%
|
2 433
+7%
|
2 572
+6%
|
2 526
-2%
|
2 701
+7%
|
2 720
+1%
|
2 733
+0%
|
2 894
+6%
|
2 829
-2%
|
2 816
0%
|
2 867
+2%
|
2 866
0%
|
2 885
+1%
|
2 824
-2%
|
2 835
+0%
|
2 785
-2%
|
2 864
+3%
|
2 921
+2%
|
2 974
+2%
|
3 040
+2%
|
2 980
-2%
|
2 456
-18%
|
2 281
-7%
|
2 498
+10%
|
2 460
-2%
|
2 908
+18%
|
2 973
+2%
|
2 709
-9%
|
2 944
+9%
|
2 855
-3%
|
2 813
-1%
|
2 716
-3%
|
2 564
-6%
|
2 297
-10%
|
2 222
-3%
|
2 076
-7%
|
|
EPS (Diluted) |
2.55
N/A
|
2.61
+2%
|
2.65
+2%
|
2.98
+12%
|
2.98
N/A
|
2.71
-9%
|
2.87
+6%
|
3.02
+5%
|
2.98
-1%
|
3.11
+4%
|
3.13
+1%
|
3.15
+1%
|
3.33
+6%
|
3.24
-3%
|
3.12
-4%
|
3.18
+2%
|
3.2
+1%
|
3.2
N/A
|
3.13
-2%
|
3.15
+1%
|
3.1
-2%
|
3.17
+2%
|
3.23
+2%
|
3.3
+2%
|
3.37
+2%
|
3.28
-3%
|
2.7
-18%
|
2.51
-7%
|
2.76
+10%
|
2.71
-2%
|
3.21
+18%
|
3.27
+2%
|
2.99
-9%
|
3.24
+8%
|
3.14
-3%
|
3.09
-2%
|
2.98
-4%
|
2.81
-6%
|
2.52
-10%
|
2.44
-3%
|
2.28
-7%
|