Delko SA
WSE:DEL
Income Statement
Earnings Waterfall
Delko SA
Income Statement
Delko SA
| Jun-2009 | Sep-2009 | Dec-2009 | Mar-2010 | Jun-2010 | Sep-2010 | Dec-2010 | Mar-2011 | Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | 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 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
0
|
0
|
2
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
7
|
0
|
0
|
0
|
4
|
0
|
0
|
0
|
0
|
0
|
|
| Revenue |
406
N/A
|
417
+3%
|
434
+4%
|
455
+5%
|
479
+5%
|
500
+4%
|
502
+0%
|
524
+5%
|
540
+3%
|
554
+3%
|
569
+3%
|
567
0%
|
554
-2%
|
541
-2%
|
529
-2%
|
521
-2%
|
525
+1%
|
522
-1%
|
521
0%
|
510
-2%
|
500
-2%
|
493
-1%
|
486
-1%
|
487
+0%
|
482
-1%
|
482
0%
|
495
+3%
|
509
+3%
|
530
+4%
|
550
+4%
|
551
+0%
|
567
+3%
|
588
+4%
|
605
+3%
|
630
+4%
|
634
+1%
|
635
+0%
|
632
-1%
|
633
+0%
|
799
+26%
|
1 001
+25%
|
1 040
+4%
|
751
-28%
|
1 167
+55%
|
1 223
+5%
|
1 238
+1%
|
818
-34%
|
1 225
+50%
|
1 194
-3%
|
1 181
-1%
|
780
-34%
|
1 192
+53%
|
1 241
+4%
|
1 264
+2%
|
895
-29%
|
1 346
+50%
|
697
-48%
|
913
+31%
|
903
-1%
|
882
-2%
|
864
-2%
|
837
-3%
|
804
-4%
|
782
-3%
|
764
-2%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(378)
|
(388)
|
(405)
|
(426)
|
(451)
|
(472)
|
(473)
|
(493)
|
(506)
|
(518)
|
(533)
|
(532)
|
(522)
|
(510)
|
(498)
|
(489)
|
(489)
|
(485)
|
(484)
|
(473)
|
(463)
|
(456)
|
(449)
|
(450)
|
(445)
|
(445)
|
(428)
|
(468)
|
(486)
|
(501)
|
(465)
|
(515)
|
(531)
|
(543)
|
(520)
|
(566)
|
(566)
|
(563)
|
(518)
|
(708)
|
(861)
|
(880)
|
(609)
|
(943)
|
(981)
|
(992)
|
(12)
|
(979)
|
(953)
|
(944)
|
(13)
|
(951)
|
(986)
|
(1 000)
|
(527)
|
(24)
|
(12)
|
(16)
|
(15)
|
(15)
|
(15)
|
(14)
|
(14)
|
(14)
|
(14)
|
|
| Gross Profit |
28
N/A
|
29
+2%
|
29
0%
|
29
+1%
|
29
-2%
|
28
-1%
|
28
+0%
|
31
+9%
|
34
+10%
|
36
+6%
|
36
+0%
|
35
-2%
|
32
-9%
|
31
-3%
|
31
+1%
|
32
+2%
|
36
+12%
|
37
+3%
|
38
+3%
|
38
0%
|
37
-2%
|
37
+1%
|
37
-1%
|
38
+3%
|
37
-1%
|
37
-1%
|
67
+82%
|
41
-39%
|
44
+8%
|
48
+9%
|
86
+80%
|
51
-41%
|
57
+11%
|
62
+9%
|
110
+77%
|
68
-38%
|
69
+1%
|
69
0%
|
115
+67%
|
91
-21%
|
139
+53%
|
161
+15%
|
143
-11%
|
224
+57%
|
241
+8%
|
246
+2%
|
806
+228%
|
246
-69%
|
240
-3%
|
238
-1%
|
767
+223%
|
240
-69%
|
255
+6%
|
264
+4%
|
369
+39%
|
1 322
+259%
|
685
-48%
|
898
+31%
|
887
-1%
|
867
-2%
|
849
-2%
|
823
-3%
|
791
-4%
|
769
-3%
|
750
-2%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(18)
|
(19)
|
(18)
|
(18)
|
(18)
|
(19)
|
(20)
|
(22)
|
(25)
|
(28)
|
(32)
|
(35)
|
(36)
|
(37)
|
(34)
|
(33)
|
(31)
|
(28)
|
(27)
|
(27)
|
(27)
|
(27)
|
(26)
|
(26)
|
(26)
|
(25)
|
(55)
|
(28)
|
(31)
|
(33)
|
(72)
|
(37)
|
(41)
|
(45)
|
(94)
|
(52)
|
(53)
|
(53)
|
(96)
|
(68)
|
(111)
|
(131)
|
(121)
|
(190)
|
(202)
|
(207)
|
(138)
|
(208)
|
(201)
|
(202)
|
(135)
|
(205)
|
(217)
|
(220)
|
(157)
|
(236)
|
(124)
|
(166)
|
(167)
|
(164)
|
(167)
|
(168)
|
(166)
|
(163)
|
(164)
|
|
| Selling, General & Administrative |
(13)
|
(14)
|
(14)
|
(14)
|
(13)
|
(13)
|
(14)
|
(16)
|
(18)
|
(21)
|
(24)
|
(27)
|
(29)
|
(29)
|
(28)
|
(27)
|
(25)
|
(24)
|
(24)
|
(23)
|
(22)
|
(22)
|
(23)
|
(23)
|
(22)
|
(22)
|
(53)
|
(25)
|
(28)
|
(29)
|
(68)
|
(33)
|
(37)
|
(41)
|
(88)
|
(47)
|
(47)
|
(47)
|
(91)
|
(61)
|
(100)
|
(117)
|
(108)
|
(168)
|
(178)
|
(182)
|
(76)
|
(187)
|
(186)
|
(184)
|
(76)
|
(186)
|
(194)
|
(197)
|
(125)
|
(130)
|
(70)
|
(93)
|
(94)
|
(95)
|
(95)
|
(96)
|
(95)
|
(94)
|
(94)
|
|
| Depreciation & Amortization |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(8)
|
(10)
|
(11)
|
(16)
|
(18)
|
(17)
|
(11)
|
(16)
|
(16)
|
(16)
|
(11)
|
(17)
|
(18)
|
(18)
|
(14)
|
(21)
|
(11)
|
(15)
|
(16)
|
(17)
|
(17)
|
(17)
|
(17)
|
(17)
|
(17)
|
|
| Other Operating Expenses |
(4)
|
(4)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(6)
|
(6)
|
(4)
|
(5)
|
(3)
|
(3)
|
(3)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(2)
|
(2)
|
(1)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(3)
|
(2)
|
(6)
|
(6)
|
(7)
|
(51)
|
(3)
|
1
|
0
|
(49)
|
(3)
|
(5)
|
(6)
|
(18)
|
(85)
|
(43)
|
(58)
|
(56)
|
(52)
|
(54)
|
(55)
|
(54)
|
(52)
|
(54)
|
|
| Operating Income |
10
N/A
|
10
+4%
|
11
+3%
|
11
+4%
|
10
-7%
|
10
-3%
|
9
-10%
|
9
+1%
|
9
+4%
|
8
-16%
|
4
-53%
|
0
-89%
|
(4)
N/A
|
(6)
-53%
|
(3)
+48%
|
(0)
+87%
|
5
N/A
|
8
+71%
|
10
+23%
|
11
+3%
|
10
-3%
|
11
+2%
|
10
-1%
|
12
+11%
|
12
N/A
|
12
+1%
|
12
+1%
|
13
+7%
|
13
+7%
|
15
+11%
|
14
-4%
|
15
+2%
|
16
+8%
|
17
+7%
|
16
-5%
|
16
-1%
|
16
+2%
|
15
-5%
|
19
+23%
|
24
+25%
|
29
+22%
|
30
+4%
|
22
-28%
|
34
+59%
|
40
+15%
|
39
0%
|
668
+1 595%
|
39
-94%
|
40
+3%
|
35
-11%
|
632
+1 690%
|
35
-94%
|
38
+10%
|
44
+14%
|
212
+384%
|
1 086
+412%
|
561
-48%
|
732
+30%
|
721
-2%
|
703
-2%
|
682
-3%
|
654
-4%
|
624
-5%
|
605
-3%
|
586
-3%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(2)
|
(3)
|
(2)
|
(1)
|
(0)
|
0
|
1
|
2
|
2
|
3
|
3
|
2
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
(2)
|
(1)
|
(2)
|
(1)
|
(2)
|
|
| Non-Reccuring Items |
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
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
(0)
|
0
|
(0)
|
0
|
(2)
|
0
|
(3)
|
0
|
(643)
|
0
|
(2)
|
0
|
(612)
|
0
|
1
|
0
|
(176)
|
(1 036)
|
(538)
|
(705)
|
(699)
|
(683)
|
(667)
|
(645)
|
(615)
|
(598)
|
(580)
|
|
| Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
0
|
(1)
|
(1)
|
(1)
|
0
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
(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
|
|
| Pre-Tax Income |
8
N/A
|
9
+9%
|
9
+7%
|
10
+6%
|
9
-8%
|
9
-3%
|
8
-15%
|
7
-1%
|
8
+1%
|
6
-24%
|
2
-74%
|
(2)
N/A
|
(7)
-191%
|
(9)
-34%
|
(7)
+27%
|
(4)
+47%
|
2
N/A
|
6
+190%
|
8
+36%
|
8
+6%
|
8
-2%
|
9
+5%
|
9
+2%
|
10
+13%
|
10
+2%
|
10
+3%
|
10
+0%
|
11
+8%
|
12
+6%
|
13
+11%
|
13
-6%
|
14
+11%
|
15
+6%
|
16
+6%
|
15
-4%
|
14
-10%
|
14
+4%
|
14
-5%
|
17
+23%
|
21
+25%
|
25
+21%
|
26
+4%
|
17
-35%
|
31
+81%
|
35
+12%
|
38
+10%
|
24
-36%
|
39
+60%
|
39
0%
|
37
-5%
|
22
-40%
|
38
+69%
|
43
+13%
|
46
+7%
|
35
-24%
|
49
+41%
|
21
-57%
|
25
+19%
|
21
-19%
|
18
-10%
|
14
-26%
|
8
-44%
|
7
-5%
|
5
-27%
|
4
-29%
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(0)
|
0
|
0
|
0
|
1
|
1
|
1
|
0
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(3)
|
(4)
|
(5)
|
(5)
|
(4)
|
(7)
|
(7)
|
(8)
|
(5)
|
(7)
|
(7)
|
(7)
|
(4)
|
(7)
|
(8)
|
(9)
|
(6)
|
(9)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
|
| Income from Continuing Operations |
6
|
7
|
8
|
8
|
8
|
7
|
6
|
6
|
6
|
4
|
1
|
(2)
|
(6)
|
(9)
|
(6)
|
(3)
|
3
|
6
|
6
|
7
|
6
|
7
|
7
|
8
|
8
|
8
|
8
|
9
|
10
|
11
|
10
|
11
|
12
|
13
|
12
|
11
|
12
|
11
|
14
|
17
|
20
|
21
|
13
|
24
|
28
|
30
|
20
|
31
|
32
|
30
|
18
|
31
|
35
|
37
|
28
|
40
|
17
|
21
|
17
|
15
|
11
|
6
|
5
|
3
|
2
|
|
| Income to Minority Interest |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(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
|
0
|
0
|
|
| Net Income (Common) |
5
N/A
|
6
+12%
|
6
+13%
|
7
+6%
|
6
-3%
|
6
-2%
|
5
-25%
|
4
-6%
|
4
N/A
|
3
-36%
|
1
-79%
|
(3)
N/A
|
(7)
-144%
|
(9)
-32%
|
(6)
+29%
|
(3)
+50%
|
2
N/A
|
5
+189%
|
5
+4%
|
6
+9%
|
6
-5%
|
6
+7%
|
6
+7%
|
7
+12%
|
8
+6%
|
8
+4%
|
8
+5%
|
9
+12%
|
10
+6%
|
11
+13%
|
10
-10%
|
11
+13%
|
12
+4%
|
13
+6%
|
12
-2%
|
11
-12%
|
12
+6%
|
11
-3%
|
14
+21%
|
17
+27%
|
20
+19%
|
21
+3%
|
13
-37%
|
24
+83%
|
28
+13%
|
30
+10%
|
20
-35%
|
22
+13%
|
22
+1%
|
21
-7%
|
18
-13%
|
31
+69%
|
35
+13%
|
37
+6%
|
28
-24%
|
40
+42%
|
17
-57%
|
21
+21%
|
17
-19%
|
15
-9%
|
11
-30%
|
6
-48%
|
5
-8%
|
3
-44%
|
2
-35%
|
|
| EPS (Diluted) |
1.1
N/A
|
1.24
+13%
|
1.03
-17%
|
1.09
+6%
|
1.06
-3%
|
1.05
-1%
|
0.79
-25%
|
0.73
-8%
|
0.74
+1%
|
0.47
-36%
|
0.1
-79%
|
-0.45
N/A
|
-1.11
-147%
|
-1.46
-32%
|
-1.03
+29%
|
-0.53
+49%
|
0.3
N/A
|
0.87
+190%
|
0.9
+3%
|
1
+11%
|
0.95
-5%
|
1.01
+6%
|
1.07
+6%
|
1.21
+13%
|
1.27
+5%
|
1.32
+4%
|
1.38
+5%
|
1.54
+12%
|
1.65
+7%
|
1.87
+13%
|
1.69
-10%
|
1.89
+12%
|
2
+6%
|
2.11
+5%
|
2.06
-2%
|
1.8
-13%
|
1.92
+7%
|
1.87
-3%
|
2.26
+21%
|
2.87
+27%
|
3.42
+19%
|
3.52
+3%
|
1.12
-68%
|
4.07
+263%
|
4.61
+13%
|
5.09
+10%
|
1.64
-68%
|
3.71
+126%
|
3.73
+1%
|
3.46
-7%
|
1.51
-56%
|
2.55
+69%
|
2.89
+13%
|
3.07
+6%
|
2.35
-23%
|
3.34
+42%
|
1.43
-57%
|
1.74
+22%
|
1.4
-20%
|
1.27
-9%
|
0.89
-30%
|
0.46
-48%
|
0.43
-7%
|
0.24
-44%
|
0.16
-33%
|
|