Polenergia SA
WSE:PEP
Income Statement
Earnings Waterfall
Polenergia SA
Revenue
|
5.6B
PLN
|
Cost of Revenue
|
-4.9B
PLN
|
Gross Profit
|
676.8m
PLN
|
Operating Expenses
|
-271.6m
PLN
|
Operating Income
|
405.2m
PLN
|
Other Expenses
|
-141.6m
PLN
|
Net Income
|
263.6m
PLN
|
Income Statement
Polenergia SA
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 |
140
N/A
|
143
+3%
|
144
+1%
|
331
+129%
|
935
+183%
|
1 570
+68%
|
2 216
+41%
|
2 677
+21%
|
2 772
+4%
|
2 817
+2%
|
2 784
-1%
|
2 896
+4%
|
2 997
+3%
|
2 984
0%
|
2 973
0%
|
2 851
-4%
|
2 762
-3%
|
2 799
+1%
|
2 994
+7%
|
3 312
+11%
|
3 449
+4%
|
3 417
-1%
|
3 179
-7%
|
2 836
-11%
|
2 597
-8%
|
2 341
-10%
|
2 114
-10%
|
1 978
-6%
|
1 811
-8%
|
1 989
+10%
|
2 202
+11%
|
2 414
+10%
|
3 999
+66%
|
5 838
+46%
|
6 600
+13%
|
7 210
+9%
|
7 089
-2%
|
6 081
-14%
|
6 114
+1%
|
6 026
-1%
|
5 615
-7%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(109)
|
(108)
|
(110)
|
(284)
|
(857)
|
(1 453)
|
(2 073)
|
(2 515)
|
(2 599)
|
(2 628)
|
(2 611)
|
(2 748)
|
(2 858)
|
(2 885)
|
(2 867)
|
(2 722)
|
(2 647)
|
(2 686)
|
(2 895)
|
(3 202)
|
(3 320)
|
(3 248)
|
(2 983)
|
(2 634)
|
(2 384)
|
(2 115)
|
(1 880)
|
(1 756)
|
(1 604)
|
(1 796)
|
(1 947)
|
(2 101)
|
(3 657)
|
(5 350)
|
(6 154)
|
(6 797)
|
(6 611)
|
(5 591)
|
(5 551)
|
(5 390)
|
(4 939)
|
|
Gross Profit |
31
N/A
|
35
+13%
|
34
-2%
|
47
+37%
|
78
+66%
|
117
+51%
|
142
+21%
|
163
+14%
|
173
+7%
|
190
+9%
|
173
-9%
|
149
-14%
|
139
-7%
|
99
-29%
|
106
+6%
|
129
+22%
|
115
-11%
|
113
-2%
|
98
-13%
|
110
+12%
|
129
+18%
|
169
+31%
|
196
+16%
|
201
+3%
|
212
+5%
|
226
+7%
|
235
+4%
|
223
-5%
|
207
-7%
|
194
-7%
|
255
+32%
|
313
+23%
|
342
+9%
|
488
+43%
|
446
-9%
|
412
-8%
|
478
+16%
|
489
+2%
|
563
+15%
|
636
+13%
|
677
+6%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(15)
|
(16)
|
(13)
|
(16)
|
(19)
|
(27)
|
(32)
|
(33)
|
(29)
|
(28)
|
(41)
|
(41)
|
(33)
|
(36)
|
(21)
|
(23)
|
(32)
|
(32)
|
(38)
|
(39)
|
31
|
30
|
31
|
33
|
(35)
|
(35)
|
(37)
|
(42)
|
(43)
|
(44)
|
(45)
|
(75)
|
(88)
|
(132)
|
(173)
|
(195)
|
(240)
|
(242)
|
(252)
|
(253)
|
(272)
|
|
Selling, General & Administrative |
(12)
|
(12)
|
(11)
|
(14)
|
(21)
|
(25)
|
(30)
|
(32)
|
(34)
|
(34)
|
(48)
|
(47)
|
(39)
|
(42)
|
(29)
|
(31)
|
(36)
|
(37)
|
(41)
|
(43)
|
(43)
|
(43)
|
(42)
|
(40)
|
(40)
|
(41)
|
(42)
|
(46)
|
(49)
|
(51)
|
(52)
|
(81)
|
(91)
|
(135)
|
(175)
|
(196)
|
(243)
|
(249)
|
(260)
|
(262)
|
(279)
|
|
Research & Development |
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(3)
|
(0)
|
(0)
|
(0)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other Operating Expenses |
(3)
|
(3)
|
(2)
|
(2)
|
2
|
(2)
|
(2)
|
(0)
|
6
|
6
|
8
|
7
|
6
|
6
|
8
|
7
|
5
|
6
|
3
|
4
|
73
|
73
|
73
|
73
|
5
|
5
|
6
|
5
|
10
|
7
|
7
|
7
|
4
|
3
|
2
|
1
|
3
|
7
|
8
|
9
|
7
|
|
Operating Income |
16
N/A
|
19
+23%
|
21
+7%
|
31
+47%
|
58
+92%
|
90
+53%
|
110
+23%
|
130
+18%
|
144
+11%
|
161
+11%
|
132
-18%
|
108
-18%
|
106
-1%
|
64
-40%
|
84
+32%
|
106
+26%
|
84
-21%
|
82
-3%
|
60
-26%
|
71
+17%
|
160
+127%
|
199
+24%
|
227
+14%
|
235
+3%
|
178
-24%
|
191
+7%
|
198
+4%
|
181
-9%
|
165
-9%
|
150
-9%
|
210
+40%
|
238
+14%
|
254
+7%
|
355
+40%
|
273
-23%
|
217
-20%
|
238
+10%
|
248
+4%
|
311
+26%
|
383
+23%
|
405
+6%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(16)
|
(16)
|
(14)
|
(16)
|
(18)
|
(20)
|
(23)
|
(27)
|
(33)
|
(40)
|
(48)
|
(53)
|
(57)
|
(57)
|
(55)
|
(55)
|
(52)
|
(51)
|
(46)
|
(42)
|
(41)
|
(39)
|
(42)
|
(43)
|
(21)
|
(19)
|
(19)
|
(18)
|
(38)
|
(38)
|
(36)
|
(36)
|
(34)
|
(41)
|
(34)
|
(29)
|
(67)
|
(33)
|
(42)
|
(53)
|
(43)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
(3)
|
(1)
|
(1)
|
(2)
|
(13)
|
(13)
|
(54)
|
(102)
|
(164)
|
(164)
|
(122)
|
(171)
|
(97)
|
(98)
|
(114)
|
(15)
|
(76)
|
(76)
|
(60)
|
(62)
|
(17)
|
(16)
|
(16)
|
(16)
|
1
|
(1)
|
225
|
225
|
205
|
205
|
(21)
|
(20)
|
(1)
|
(1)
|
(2)
|
(8)
|
(24)
|
|
Total Other Income |
6
|
2
|
(1)
|
(2)
|
(4)
|
(5)
|
(8)
|
(9)
|
(7)
|
(6)
|
(4)
|
(3)
|
(4)
|
(4)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(5)
|
(6)
|
(7)
|
(9)
|
29
|
2
|
3
|
4
|
(8)
|
|
Pre-Tax Income |
6
N/A
|
6
+2%
|
6
+9%
|
13
+120%
|
34
+150%
|
64
+92%
|
79
+22%
|
92
+17%
|
91
-1%
|
103
+13%
|
26
-75%
|
(50)
N/A
|
(118)
-136%
|
(161)
-36%
|
(96)
+41%
|
(122)
-28%
|
(67)
+45%
|
(70)
-4%
|
(102)
-45%
|
11
N/A
|
41
+270%
|
82
+101%
|
123
+50%
|
128
+4%
|
137
+7%
|
153
+12%
|
160
+4%
|
144
-10%
|
126
-12%
|
110
-13%
|
397
+261%
|
426
+7%
|
420
-1%
|
513
+22%
|
211
-59%
|
159
-25%
|
200
+26%
|
215
+7%
|
271
+26%
|
326
+21%
|
330
+1%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
0
|
1
|
2
|
3
|
(2)
|
(12)
|
(17)
|
(23)
|
(24)
|
(25)
|
(19)
|
(9)
|
7
|
15
|
11
|
1
|
(20)
|
(19)
|
(25)
|
(28)
|
(37)
|
(42)
|
(37)
|
(37)
|
(28)
|
(31)
|
(32)
|
(29)
|
(18)
|
(17)
|
(73)
|
(79)
|
(86)
|
(103)
|
(46)
|
(35)
|
(40)
|
(44)
|
(54)
|
(66)
|
(67)
|
|
Income from Continuing Operations |
6
|
7
|
8
|
17
|
31
|
52
|
61
|
69
|
67
|
77
|
6
|
(60)
|
(112)
|
(147)
|
(85)
|
(122)
|
(88)
|
(89)
|
(126)
|
(17)
|
3
|
40
|
86
|
91
|
109
|
122
|
128
|
115
|
108
|
93
|
324
|
347
|
335
|
410
|
165
|
124
|
160
|
171
|
216
|
261
|
264
|
|
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)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
6
N/A
|
7
+12%
|
9
+28%
|
17
+95%
|
31
+87%
|
52
+67%
|
61
+17%
|
69
+13%
|
67
-2%
|
77
+15%
|
6
-92%
|
(60)
N/A
|
(112)
-87%
|
(146)
-31%
|
(85)
+42%
|
(122)
-43%
|
(88)
+28%
|
(89)
-2%
|
(126)
-42%
|
(17)
+87%
|
3
N/A
|
40
+1 083%
|
86
+114%
|
91
+6%
|
109
+20%
|
122
+12%
|
128
+5%
|
115
-10%
|
111
-4%
|
95
-14%
|
326
+244%
|
352
+8%
|
337
-4%
|
413
+22%
|
168
-59%
|
124
-27%
|
160
+29%
|
171
+7%
|
216
+27%
|
261
+20%
|
264
+1%
|
|
EPS (Diluted) |
0.29
N/A
|
0.32
+10%
|
0.41
+28%
|
0.79
+93%
|
1.07
+35%
|
1.77
+65%
|
1.34
-24%
|
1.51
+13%
|
1.48
-2%
|
1.7
+15%
|
0.14
-92%
|
-1.31
N/A
|
-2.45
-87%
|
-3.22
-31%
|
-1.85
+43%
|
-2.68
-45%
|
-1.93
+28%
|
-1.97
-2%
|
-2.78
-41%
|
-0.37
+87%
|
0.07
N/A
|
0.89
+1 171%
|
1.9
+113%
|
2.01
+6%
|
2.4
+19%
|
2.68
+12%
|
2.81
+5%
|
2.53
-10%
|
2.41
-5%
|
2.08
-14%
|
7.17
+245%
|
7.74
+8%
|
7.35
-5%
|
6.17
-16%
|
2.51
-59%
|
1.84
-27%
|
2.6
+41%
|
2.53
-3%
|
3.21
+27%
|
3.37
+5%
|
3.85
+14%
|