Fabryka Farb i Lakierow Sniezka SA
WSE:SKA
Income Statement
Earnings Waterfall
Fabryka Farb i Lakierow Sniezka SA
Revenue
|
857.8m
PLN
|
Cost of Revenue
|
-473.6m
PLN
|
Gross Profit
|
384.2m
PLN
|
Operating Expenses
|
-265.6m
PLN
|
Operating Income
|
118.7m
PLN
|
Other Expenses
|
-41m
PLN
|
Net Income
|
77.6m
PLN
|
Income Statement
Fabryka Farb i Lakierow Sniezka 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 |
574
N/A
|
576
+0%
|
557
-3%
|
548
-2%
|
546
0%
|
547
+0%
|
552
+1%
|
549
0%
|
550
+0%
|
562
+2%
|
564
+0%
|
574
+2%
|
576
+0%
|
586
+2%
|
567
-3%
|
568
+0%
|
564
-1%
|
549
-3%
|
571
+4%
|
575
+1%
|
587
+2%
|
597
+2%
|
616
+3%
|
678
+10%
|
717
+6%
|
756
+5%
|
819
+8%
|
824
+1%
|
821
0%
|
836
+2%
|
800
-4%
|
789
-1%
|
795
+1%
|
802
+1%
|
979
+22%
|
985
+1%
|
792
-20%
|
993
+25%
|
1 024
+3%
|
1 047
+2%
|
858
-18%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(361)
|
(366)
|
(350)
|
(345)
|
(344)
|
(343)
|
(343)
|
(338)
|
(345)
|
(349)
|
(351)
|
(355)
|
(352)
|
(359)
|
(346)
|
(346)
|
(342)
|
(331)
|
(339)
|
(336)
|
(341)
|
(343)
|
(353)
|
(389)
|
(413)
|
(435)
|
(473)
|
(475)
|
(476)
|
(486)
|
(471)
|
(473)
|
(480)
|
(490)
|
(599)
|
(607)
|
(487)
|
(604)
|
(608)
|
(599)
|
(474)
|
|
Gross Profit |
213
N/A
|
211
-1%
|
206
-2%
|
202
-2%
|
202
+0%
|
204
+1%
|
209
+3%
|
211
+1%
|
205
-3%
|
214
+4%
|
213
0%
|
219
+3%
|
224
+2%
|
228
+2%
|
222
-3%
|
222
+0%
|
223
+0%
|
217
-3%
|
232
+7%
|
239
+3%
|
246
+3%
|
254
+3%
|
263
+3%
|
289
+10%
|
304
+5%
|
321
+6%
|
346
+8%
|
349
+1%
|
346
-1%
|
350
+1%
|
329
-6%
|
317
-4%
|
315
0%
|
312
-1%
|
380
+22%
|
379
0%
|
304
-20%
|
389
+28%
|
417
+7%
|
449
+8%
|
384
-14%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(154)
|
(154)
|
(151)
|
(147)
|
(144)
|
(142)
|
(141)
|
(141)
|
(141)
|
(144)
|
(149)
|
(155)
|
(159)
|
(156)
|
(150)
|
(147)
|
(152)
|
(151)
|
(151)
|
(154)
|
(164)
|
(172)
|
(188)
|
(204)
|
(224)
|
(239)
|
(246)
|
(250)
|
(242)
|
(246)
|
(244)
|
(245)
|
(241)
|
(241)
|
(290)
|
(288)
|
(239)
|
(292)
|
(302)
|
(310)
|
(266)
|
|
Selling, General & Administrative |
(152)
|
(152)
|
(148)
|
(142)
|
(131)
|
(139)
|
(140)
|
(141)
|
(129)
|
(142)
|
(148)
|
(154)
|
(148)
|
(157)
|
(150)
|
(147)
|
(140)
|
(149)
|
(152)
|
(156)
|
(151)
|
(169)
|
(182)
|
(199)
|
(203)
|
(233)
|
(240)
|
(245)
|
(220)
|
(243)
|
(242)
|
(243)
|
(218)
|
(241)
|
(291)
|
(290)
|
(211)
|
(293)
|
(302)
|
(310)
|
(236)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
(17)
|
0
|
0
|
0
|
(21)
|
0
|
0
|
0
|
(22)
|
0
|
0
|
0
|
(25)
|
0
|
0
|
0
|
(28)
|
|
Other Operating Expenses |
(3)
|
(2)
|
(3)
|
(4)
|
(3)
|
(3)
|
(2)
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
(2)
|
(2)
|
2
|
1
|
(1)
|
(3)
|
(5)
|
(5)
|
(4)
|
(6)
|
(5)
|
(5)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
0
|
1
|
2
|
(2)
|
1
|
1
|
0
|
(2)
|
|
Operating Income |
59
N/A
|
57
-4%
|
55
-3%
|
56
+1%
|
58
+5%
|
61
+5%
|
68
+10%
|
71
+4%
|
65
-8%
|
70
+8%
|
64
-8%
|
63
-1%
|
65
+2%
|
71
+10%
|
72
+1%
|
76
+5%
|
71
-6%
|
67
-6%
|
81
+22%
|
85
+4%
|
82
-3%
|
82
+0%
|
75
-9%
|
85
+13%
|
80
-6%
|
82
+2%
|
100
+23%
|
99
-1%
|
103
+4%
|
104
+1%
|
84
-19%
|
72
-15%
|
75
+4%
|
71
-5%
|
90
+26%
|
91
+1%
|
65
-28%
|
97
+49%
|
115
+19%
|
139
+20%
|
119
-14%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(4)
|
(3)
|
(3)
|
(7)
|
(11)
|
(16)
|
(15)
|
(13)
|
(9)
|
(4)
|
(2)
|
(1)
|
(1)
|
(3)
|
(3)
|
(3)
|
(4)
|
(2)
|
(2)
|
(2)
|
(1)
|
0
|
(0)
|
0
|
(0)
|
(1)
|
(0)
|
0
|
1
|
2
|
2
|
1
|
1
|
(2)
|
(12)
|
(17)
|
(16)
|
(23)
|
(24)
|
(24)
|
(20)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
4
|
0
|
0
|
0
|
2
|
|
Total Other Income |
(1)
|
(2)
|
(1)
|
(0)
|
0
|
(2)
|
(0)
|
(0)
|
0
|
(2)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
(2)
|
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 |
55
N/A
|
54
-2%
|
52
-4%
|
49
-6%
|
48
-2%
|
46
-5%
|
52
+15%
|
58
+10%
|
57
-2%
|
66
+17%
|
62
-7%
|
62
+0%
|
64
+3%
|
68
+7%
|
69
+0%
|
73
+6%
|
70
-3%
|
65
-8%
|
80
+23%
|
82
+4%
|
78
-5%
|
83
+6%
|
75
-10%
|
86
+15%
|
79
-8%
|
81
+2%
|
100
+23%
|
100
0%
|
104
+4%
|
106
+2%
|
87
-18%
|
73
-16%
|
77
+5%
|
70
-9%
|
78
+11%
|
74
-5%
|
53
-29%
|
74
+40%
|
91
+22%
|
115
+26%
|
101
-12%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(8)
|
(9)
|
(8)
|
(7)
|
(7)
|
(7)
|
(7)
|
(8)
|
(8)
|
(9)
|
(9)
|
(9)
|
(10)
|
(11)
|
(11)
|
(11)
|
(14)
|
(13)
|
(16)
|
(18)
|
(15)
|
(16)
|
(15)
|
(16)
|
(16)
|
(17)
|
(19)
|
(19)
|
(18)
|
(18)
|
(14)
|
(11)
|
(12)
|
(11)
|
(17)
|
(17)
|
(12)
|
(16)
|
(14)
|
(19)
|
(18)
|
|
Income from Continuing Operations |
47
|
46
|
44
|
42
|
41
|
39
|
45
|
50
|
49
|
57
|
53
|
53
|
54
|
58
|
58
|
62
|
57
|
52
|
63
|
65
|
63
|
67
|
60
|
69
|
63
|
64
|
81
|
80
|
86
|
88
|
73
|
63
|
64
|
59
|
60
|
57
|
41
|
58
|
77
|
96
|
83
|
|
Income to Minority Interest |
(1)
|
(1)
|
(1)
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(4)
|
(7)
|
(8)
|
(8)
|
(8)
|
(6)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(5)
|
(6)
|
(5)
|
(6)
|
(6)
|
|
Net Income (Common) |
45
N/A
|
44
-2%
|
44
-2%
|
42
-4%
|
41
-1%
|
39
-6%
|
45
+16%
|
49
+9%
|
48
-2%
|
57
+18%
|
52
-8%
|
52
N/A
|
53
+2%
|
57
+7%
|
57
+1%
|
61
+6%
|
56
-8%
|
51
-9%
|
62
+22%
|
63
+2%
|
62
-2%
|
65
+6%
|
58
-11%
|
66
+13%
|
60
-10%
|
60
+0%
|
74
+24%
|
73
-2%
|
78
+7%
|
80
+3%
|
67
-17%
|
57
-14%
|
60
+4%
|
54
-9%
|
54
0%
|
51
-6%
|
37
-28%
|
53
+44%
|
71
+35%
|
90
+26%
|
78
-14%
|
|
EPS (Diluted) |
3.57
N/A
|
3.52
-1%
|
3.39
-4%
|
3.29
-3%
|
3.25
-1%
|
3.05
-6%
|
3.55
+16%
|
3.89
+10%
|
3.8
-2%
|
4.51
+19%
|
4.13
-8%
|
4.12
0%
|
4.21
+2%
|
4.48
+6%
|
4.52
+1%
|
4.81
+6%
|
4.43
-8%
|
4.03
-9%
|
4.9
+22%
|
4.98
+2%
|
4.88
-2%
|
5.19
+6%
|
4.63
-11%
|
5.24
+13%
|
4.72
-10%
|
4.73
+0%
|
5.85
+24%
|
5.76
-2%
|
6.18
+7%
|
6.35
+3%
|
5.28
-17%
|
4.54
-14%
|
4.73
+4%
|
4.32
-9%
|
4.3
0%
|
4.04
-6%
|
2.91
-28%
|
4.2
+44%
|
5.66
+35%
|
7.14
+26%
|
6.15
-14%
|