Tim SA
WSE:TIM
Income Statement
Earnings Waterfall
Tim SA
Revenue
|
1.5B
PLN
|
Cost of Revenue
|
-1.1B
PLN
|
Gross Profit
|
308.6m
PLN
|
Operating Expenses
|
-240.8m
PLN
|
Operating Income
|
67.7m
PLN
|
Other Expenses
|
-12.7m
PLN
|
Net Income
|
55m
PLN
|
Income Statement
Tim 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 |
383
N/A
|
413
+8%
|
455
+10%
|
502
+10%
|
529
+5%
|
550
+4%
|
559
+2%
|
557
0%
|
576
+3%
|
600
+4%
|
630
+5%
|
652
+3%
|
667
+2%
|
683
+2%
|
686
+0%
|
698
+2%
|
719
+3%
|
750
+4%
|
783
+4%
|
811
+4%
|
830
+2%
|
844
+2%
|
856
+1%
|
871
+2%
|
890
+2%
|
923
+4%
|
966
+5%
|
1 004
+4%
|
1 065
+6%
|
1 099
+3%
|
1 448
+32%
|
1 528
+6%
|
1 314
-14%
|
1 724
+31%
|
1 484
-14%
|
1 501
+1%
|
1 523
+2%
|
1 493
-2%
|
1 484
-1%
|
1 480
0%
|
1 451
-2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(323)
|
(350)
|
(388)
|
(430)
|
(462)
|
(480)
|
(487)
|
(486)
|
(499)
|
(520)
|
(544)
|
(564)
|
(576)
|
(585)
|
(587)
|
(591)
|
(612)
|
(629)
|
(650)
|
(672)
|
(685)
|
(686)
|
(692)
|
(700)
|
(720)
|
(747)
|
(776)
|
(802)
|
(851)
|
(865)
|
(1 127)
|
(1 183)
|
(1 010)
|
(1 327)
|
(1 135)
|
(1 152)
|
(1 168)
|
(1 150)
|
(1 160)
|
(1 160)
|
(1 142)
|
|
Gross Profit |
59
N/A
|
63
+5%
|
67
+7%
|
72
+8%
|
67
-7%
|
70
+5%
|
72
+2%
|
71
-1%
|
77
+9%
|
80
+4%
|
86
+7%
|
88
+2%
|
91
+4%
|
98
+8%
|
98
0%
|
106
+8%
|
107
+1%
|
121
+13%
|
133
+9%
|
139
+5%
|
145
+5%
|
158
+9%
|
164
+4%
|
171
+4%
|
171
0%
|
176
+3%
|
190
+8%
|
202
+6%
|
214
+6%
|
234
+9%
|
321
+37%
|
345
+8%
|
305
-12%
|
398
+30%
|
350
-12%
|
348
0%
|
355
+2%
|
342
-4%
|
324
-5%
|
320
-1%
|
309
-3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(67)
|
(72)
|
(79)
|
(83)
|
(91)
|
(91)
|
(90)
|
(87)
|
(81)
|
(84)
|
(86)
|
(90)
|
(93)
|
(98)
|
(102)
|
(106)
|
(110)
|
(114)
|
(118)
|
(123)
|
(129)
|
(134)
|
(137)
|
(138)
|
(138)
|
(140)
|
(150)
|
(156)
|
(163)
|
(168)
|
(213)
|
(218)
|
(184)
|
(235)
|
(203)
|
(213)
|
(220)
|
(227)
|
(230)
|
(235)
|
(241)
|
|
Selling, General & Administrative |
(28)
|
(29)
|
(31)
|
(33)
|
(36)
|
(36)
|
(36)
|
(35)
|
(34)
|
(36)
|
(37)
|
(38)
|
(40)
|
(40)
|
(42)
|
(43)
|
(44)
|
(46)
|
(48)
|
(49)
|
(50)
|
(52)
|
(53)
|
(54)
|
(55)
|
(56)
|
(59)
|
(61)
|
(65)
|
(67)
|
(87)
|
(89)
|
(77)
|
(99)
|
(87)
|
(90)
|
(90)
|
(91)
|
(90)
|
(92)
|
(94)
|
|
Depreciation & Amortization |
(8)
|
(8)
|
(8)
|
(7)
|
(7)
|
(7)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(9)
|
(10)
|
(10)
|
(10)
|
(11)
|
(11)
|
(11)
|
(11)
|
(13)
|
(16)
|
(18)
|
(20)
|
(21)
|
(21)
|
(22)
|
(22)
|
(23)
|
(28)
|
(28)
|
(23)
|
(29)
|
(23)
|
(23)
|
(24)
|
(26)
|
(27)
|
(30)
|
(31)
|
|
Other Operating Expenses |
(31)
|
(35)
|
(40)
|
(43)
|
(48)
|
(49)
|
(47)
|
(45)
|
(39)
|
(40)
|
(41)
|
(43)
|
(46)
|
(48)
|
(50)
|
(53)
|
(56)
|
(58)
|
(60)
|
(63)
|
(67)
|
(69)
|
(68)
|
(66)
|
(62)
|
(63)
|
(69)
|
(73)
|
(76)
|
(79)
|
(98)
|
(100)
|
(85)
|
(108)
|
(93)
|
(99)
|
(106)
|
(111)
|
(113)
|
(114)
|
(115)
|
|
Operating Income |
(7)
N/A
|
(10)
-32%
|
(12)
-22%
|
(11)
+9%
|
(24)
-124%
|
(21)
+12%
|
(18)
+15%
|
(16)
+11%
|
(4)
+75%
|
(4)
+9%
|
1
N/A
|
(2)
N/A
|
(2)
-33%
|
1
N/A
|
(4)
N/A
|
1
N/A
|
(3)
N/A
|
8
N/A
|
14
+84%
|
16
+12%
|
16
+1%
|
24
+48%
|
27
+14%
|
33
+21%
|
33
0%
|
36
+10%
|
41
+13%
|
46
+14%
|
51
+10%
|
66
+28%
|
108
+64%
|
127
+18%
|
120
-5%
|
163
+35%
|
146
-10%
|
136
-7%
|
135
0%
|
116
-15%
|
94
-19%
|
85
-10%
|
68
-20%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
1
|
1
|
1
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(3)
|
(5)
|
(6)
|
(7)
|
(12)
|
(11)
|
(10)
|
(14)
|
(7)
|
(8)
|
(11)
|
(6)
|
(9)
|
(10)
|
(13)
|
(6)
|
(7)
|
0
|
(2)
|
3
|
|
Non-Reccuring Items |
(1)
|
(1)
|
0
|
0
|
(2)
|
0
|
1
|
1
|
11
|
16
|
14
|
14
|
6
|
(4)
|
(4)
|
(5)
|
0
|
(6)
|
(5)
|
(2)
|
4
|
0
|
(1)
|
(4)
|
(0)
|
(3)
|
(4)
|
(4)
|
7
|
4
|
6
|
9
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
|
Total Other Income |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
0
|
(1)
|
(0)
|
1
|
(0)
|
(0)
|
(0)
|
(2)
|
(1)
|
(0)
|
(0)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(0)
|
|
Pre-Tax Income |
(7)
N/A
|
(10)
-38%
|
(11)
-15%
|
(11)
+7%
|
(26)
-147%
|
(21)
+19%
|
(18)
+14%
|
(16)
+11%
|
6
N/A
|
11
+86%
|
14
+28%
|
11
-20%
|
3
-73%
|
(4)
N/A
|
(8)
-125%
|
(5)
+37%
|
(4)
+16%
|
0
N/A
|
8
+1 900%
|
13
+62%
|
19
+45%
|
21
+12%
|
22
+5%
|
21
-2%
|
25
+18%
|
21
-17%
|
26
+24%
|
32
+24%
|
45
+39%
|
61
+36%
|
105
+73%
|
125
+19%
|
116
-7%
|
155
+34%
|
136
-12%
|
123
-9%
|
128
+4%
|
108
-15%
|
94
-13%
|
82
-12%
|
70
-14%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
1
|
0
|
2
|
2
|
4
|
5
|
3
|
3
|
(1)
|
(2)
|
(3)
|
(3)
|
(1)
|
(1)
|
1
|
1
|
0
|
(0)
|
(2)
|
(3)
|
(4)
|
(4)
|
(5)
|
(4)
|
(6)
|
(5)
|
(5)
|
(7)
|
(7)
|
(11)
|
(19)
|
(25)
|
(24)
|
(32)
|
(28)
|
(25)
|
(26)
|
(23)
|
(19)
|
(19)
|
(15)
|
|
Income from Continuing Operations |
(6)
|
(9)
|
(9)
|
(9)
|
(22)
|
(16)
|
(15)
|
(13)
|
5
|
9
|
11
|
8
|
2
|
(4)
|
(7)
|
(4)
|
(4)
|
0
|
6
|
10
|
15
|
16
|
17
|
18
|
20
|
16
|
21
|
25
|
37
|
50
|
86
|
100
|
92
|
123
|
107
|
99
|
102
|
86
|
75
|
63
|
55
|
|
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
|
|
Equity Earnings Affiliates |
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
|
(10)
-60%
|
(9)
+3%
|
(9)
+8%
|
(22)
-152%
|
(16)
+26%
|
(15)
+7%
|
(13)
+11%
|
5
N/A
|
9
+84%
|
11
+20%
|
8
-24%
|
2
-81%
|
(4)
N/A
|
(7)
-67%
|
(4)
+39%
|
(4)
+14%
|
0
N/A
|
6
+3 000%
|
10
+64%
|
15
+49%
|
17
+10%
|
17
+2%
|
18
+4%
|
20
+11%
|
16
-17%
|
21
+26%
|
25
+23%
|
37
+47%
|
50
+35%
|
86
+72%
|
100
+17%
|
92
-8%
|
123
+34%
|
107
-13%
|
99
-8%
|
102
+4%
|
86
-16%
|
75
-13%
|
63
-16%
|
55
-13%
|
|
EPS (Diluted) |
-0.27
N/A
|
-0.43
-59%
|
-0.42
+2%
|
-0.39
+7%
|
-0.98
-151%
|
-0.73
+26%
|
-0.67
+8%
|
-0.6
+10%
|
0.22
N/A
|
0.41
+86%
|
0.48
+17%
|
0.41
-15%
|
0.07
-83%
|
-0.2
N/A
|
-0.32
-60%
|
-0.19
+41%
|
-0.17
+11%
|
0.02
N/A
|
0.29
+1 350%
|
0.47
+62%
|
0.68
+45%
|
0.74
+9%
|
0.76
+3%
|
0.79
+4%
|
0.88
+11%
|
0.73
-17%
|
0.93
+27%
|
1.14
+23%
|
1.67
+46%
|
2.26
+35%
|
3.87
+71%
|
4.52
+17%
|
4.1
-9%
|
5.54
+35%
|
4.75
-14%
|
4.4
-7%
|
4.53
+3%
|
3.87
-15%
|
3.36
-13%
|
2.84
-15%
|
2.41
-15%
|