HeidelbergCement AG
XETRA:HEI
Income Statement
Earnings Waterfall
HeidelbergCement AG
Revenue
|
21.2B
EUR
|
Cost of Revenue
|
-8B
EUR
|
Gross Profit
|
13.1B
EUR
|
Operating Expenses
|
-10.5B
EUR
|
Operating Income
|
2.6B
EUR
|
Other Expenses
|
-706.2m
EUR
|
Net Income
|
1.9B
EUR
|
Income Statement
HeidelbergCement AG
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 | Jun-2019 | Sep-2019 | Dec-2019 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
12 958
N/A
|
13 328
+3%
|
13 451
+1%
|
13 764
+2%
|
14 005
+2%
|
14 020
+0%
|
13 822
-1%
|
13 627
-1%
|
13 358
-2%
|
12 128
-9%
|
12 049
-1%
|
11 757
-2%
|
11 571
-2%
|
12 614
+9%
|
12 928
+2%
|
13 269
+3%
|
13 385
+1%
|
13 465
+1%
|
13 461
0%
|
13 401
0%
|
14 316
+7%
|
15 166
+6%
|
16 118
+6%
|
17 153
+6%
|
17 242
+1%
|
17 266
+0%
|
17 108
-1%
|
17 303
+1%
|
17 637
+2%
|
18 075
+2%
|
18 855
+4%
|
18 972
+1%
|
18 851
-1%
|
22 955
+22%
|
17 606
-23%
|
18 290
+4%
|
18 720
+2%
|
19 732
+5%
|
21 095
+7%
|
21 618
+2%
|
21 178
-2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(5 161)
|
(5 342)
|
(5 457)
|
(5 651)
|
(5 796)
|
(5 886)
|
(5 781)
|
(5 636)
|
(5 491)
|
(5 084)
|
(5 120)
|
(5 019)
|
(4 953)
|
(5 292)
|
(5 379)
|
(5 491)
|
(5 495)
|
(5 445)
|
(5 394)
|
(5 283)
|
(5 583)
|
(5 912)
|
(6 308)
|
(6 714)
|
(6 761)
|
(6 734)
|
(6 720)
|
(6 894)
|
(7 129)
|
(7 401)
|
(7 793)
|
(7 705)
|
(7 498)
|
(8 696)
|
(6 524)
|
(6 722)
|
(7 219)
|
(7 922)
|
(8 665)
|
(8 680)
|
(8 031)
|
|
Gross Profit |
7 798
N/A
|
7 986
+2%
|
7 642
-4%
|
7 835
+3%
|
8 011
+2%
|
8 135
+2%
|
8 042
-1%
|
7 991
-1%
|
7 867
-2%
|
7 045
-10%
|
6 929
-2%
|
6 739
-3%
|
6 619
-2%
|
7 322
+11%
|
7 549
+3%
|
7 777
+3%
|
7 890
+1%
|
8 020
+2%
|
8 067
+1%
|
8 118
+1%
|
8 733
+8%
|
9 254
+6%
|
9 809
+6%
|
10 439
+6%
|
10 482
+0%
|
10 532
+0%
|
10 388
-1%
|
10 409
+0%
|
10 508
+1%
|
10 674
+2%
|
11 061
+4%
|
11 267
+2%
|
11 353
+1%
|
14 259
+26%
|
11 082
-22%
|
11 568
+4%
|
11 501
-1%
|
11 810
+3%
|
12 430
+5%
|
12 938
+4%
|
13 147
+2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(6 448)
|
(6 658)
|
(6 722)
|
(6 837)
|
(6 877)
|
(6 940)
|
(6 878)
|
(6 803)
|
(6 435)
|
(5 656)
|
(5 489)
|
(5 331)
|
(5 475)
|
(5 956)
|
(6 117)
|
(6 285)
|
(6 359)
|
(6 452)
|
(6 425)
|
(6 439)
|
(7 072)
|
(7 805)
|
(8 452)
|
(9 007)
|
(8 918)
|
(8 818)
|
(8 595)
|
(8 547)
|
(8 769)
|
(9 115)
|
(9 359)
|
(9 431)
|
(9 567)
|
(15 126)
|
(9 103)
|
(9 214)
|
(9 534)
|
(9 400)
|
(10 422)
|
(10 518)
|
(10 512)
|
|
Selling, General & Administrative |
(2 068)
|
(2 064)
|
(2 096)
|
(2 172)
|
(2 272)
|
(2 331)
|
(2 312)
|
(2 296)
|
(2 255)
|
(1 968)
|
(1 904)
|
(1 851)
|
(1 800)
|
(2 295)
|
(2 121)
|
(2 192)
|
(2 221)
|
(5 858)
|
(2 278)
|
(2 296)
|
(2 505)
|
(3 036)
|
(2 861)
|
(3 038)
|
(3 029)
|
(3 445)
|
(2 973)
|
(2 959)
|
(2 975)
|
(3 490)
|
(3 130)
|
(3 163)
|
(3 319)
|
(3 887)
|
(3 154)
|
(3 102)
|
(3 235)
|
(3 135)
|
(3 370)
|
(3 339)
|
(3 561)
|
|
Depreciation & Amortization |
(833)
|
(847)
|
(854)
|
(847)
|
(856)
|
(873)
|
(861)
|
(854)
|
(823)
|
(704)
|
(680)
|
(654)
|
(636)
|
(693)
|
(713)
|
(739)
|
(753)
|
(767)
|
(765)
|
(761)
|
(841)
|
(959)
|
(1 050)
|
(1 142)
|
(1 142)
|
(1 109)
|
(1 103)
|
(1 094)
|
(1 098)
|
(1 091)
|
(1 233)
|
(1 304)
|
(1 394)
|
(1 748)
|
(1 344)
|
(1 286)
|
(1 261)
|
(1 242)
|
(1 264)
|
(1 245)
|
(1 236)
|
|
Other Operating Expenses |
(3 548)
|
(3 747)
|
(3 773)
|
(3 818)
|
(3 749)
|
(3 736)
|
(3 705)
|
(3 653)
|
(3 357)
|
(2 984)
|
(2 905)
|
(2 827)
|
(3 039)
|
(2 968)
|
(3 283)
|
(3 354)
|
(3 385)
|
172
|
(3 381)
|
(3 382)
|
(3 726)
|
(3 811)
|
(4 540)
|
(4 827)
|
(4 747)
|
(4 264)
|
(4 519)
|
(4 495)
|
(4 695)
|
(4 535)
|
(4 995)
|
(4 965)
|
(4 854)
|
(9 491)
|
(4 605)
|
(4 826)
|
(5 039)
|
(5 024)
|
(5 789)
|
(5 933)
|
(5 715)
|
|
Operating Income |
1 350
N/A
|
1 328
-2%
|
1 272
-4%
|
1 275
+0%
|
1 332
+4%
|
1 195
-10%
|
1 163
-3%
|
1 188
+2%
|
1 432
+21%
|
1 388
-3%
|
1 440
+4%
|
1 408
-2%
|
1 144
-19%
|
1 366
+19%
|
1 432
+5%
|
1 493
+4%
|
1 531
+3%
|
1 567
+2%
|
1 643
+5%
|
1 679
+2%
|
1 661
-1%
|
1 449
-13%
|
1 358
-6%
|
1 432
+5%
|
1 564
+9%
|
1 715
+10%
|
1 793
+5%
|
1 862
+4%
|
1 739
-7%
|
1 559
-10%
|
1 702
+9%
|
1 837
+8%
|
1 786
-3%
|
(867)
N/A
|
1 979
N/A
|
2 354
+19%
|
1 967
-16%
|
2 410
+23%
|
2 008
-17%
|
2 420
+21%
|
2 635
+9%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(540)
|
(495)
|
(500)
|
(512)
|
(499)
|
(510)
|
(497)
|
(457)
|
(410)
|
(317)
|
(306)
|
(283)
|
(273)
|
(350)
|
(287)
|
(251)
|
(227)
|
(265)
|
(167)
|
(168)
|
(149)
|
(193)
|
(131)
|
(111)
|
(96)
|
(74)
|
(63)
|
(48)
|
(36)
|
(43)
|
(11)
|
3
|
(30)
|
36
|
69
|
177
|
191
|
138
|
100
|
44
|
106
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
73
|
0
|
0
|
0
|
(39)
|
(7)
|
(6)
|
(6)
|
142
|
70
|
0
|
70
|
337
|
0
|
0
|
(58)
|
0
|
(3 564)
|
0
|
776
|
0
|
19
|
0
|
163
|
|
Total Other Income |
(40)
|
(39)
|
(39)
|
(35)
|
(85)
|
(94)
|
(92)
|
(103)
|
(71)
|
(50)
|
(61)
|
(68)
|
(76)
|
(86)
|
(135)
|
(144)
|
(143)
|
(62)
|
(115)
|
(97)
|
(110)
|
(69)
|
(76)
|
(79)
|
(63)
|
(94)
|
(97)
|
(91)
|
(89)
|
(89)
|
(105)
|
(129)
|
(65)
|
(139)
|
(86)
|
(49)
|
(40)
|
23
|
90
|
56
|
(55)
|
|
Pre-Tax Income |
770
N/A
|
794
+3%
|
734
-8%
|
729
-1%
|
748
+3%
|
592
-21%
|
575
-3%
|
628
+9%
|
952
+51%
|
1 022
+7%
|
1 074
+5%
|
1 057
-2%
|
795
-25%
|
931
+17%
|
1 010
+9%
|
1 098
+9%
|
1 161
+6%
|
1 313
+13%
|
1 361
+4%
|
1 415
+4%
|
1 401
-1%
|
1 148
-18%
|
1 144
0%
|
1 236
+8%
|
1 399
+13%
|
1 688
+21%
|
1 704
+1%
|
1 722
+1%
|
1 684
-2%
|
1 765
+5%
|
1 586
-10%
|
1 710
+8%
|
1 633
-5%
|
(970)
N/A
|
(1 602)
-65%
|
2 482
N/A
|
2 894
+17%
|
2 571
-11%
|
2 217
-14%
|
2 520
+14%
|
2 849
+13%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(203)
|
(238)
|
(213)
|
(196)
|
(212)
|
(152)
|
(171)
|
(123)
|
(109)
|
(212)
|
(191)
|
(243)
|
(261)
|
(65)
|
(97)
|
(117)
|
(88)
|
(295)
|
(296)
|
(283)
|
(378)
|
(314)
|
(327)
|
(408)
|
(414)
|
(580)
|
(548)
|
(543)
|
(439)
|
(464)
|
(426)
|
(545)
|
(358)
|
(537)
|
(335)
|
(521)
|
(947)
|
(861)
|
(485)
|
(551)
|
(659)
|
|
Income from Continuing Operations |
567
|
556
|
521
|
533
|
536
|
440
|
404
|
505
|
842
|
810
|
883
|
814
|
534
|
866
|
914
|
981
|
1 073
|
1 019
|
1 065
|
1 132
|
1 023
|
834
|
817
|
828
|
985
|
1 109
|
1 156
|
1 179
|
1 245
|
1 300
|
1 160
|
1 166
|
1 275
|
(1 508)
|
(1 937)
|
1 961
|
1 947
|
1 710
|
1 732
|
1 969
|
2 190
|
|
Income to Minority Interest |
(177)
|
(186)
|
(194)
|
(210)
|
(225)
|
(244)
|
(243)
|
(239)
|
(223)
|
(197)
|
(188)
|
(185)
|
(186)
|
(202)
|
(206)
|
(200)
|
(192)
|
(183)
|
(181)
|
(197)
|
(201)
|
(174)
|
(168)
|
(140)
|
(134)
|
(141)
|
(134)
|
(126)
|
(130)
|
(143)
|
(162)
|
(156)
|
(151)
|
(147)
|
(130)
|
(161)
|
(143)
|
(129)
|
(126)
|
(135)
|
(158)
|
|
Net Income (Common) |
366
N/A
|
348
-5%
|
301
-13%
|
323
+7%
|
308
-4%
|
285
-8%
|
257
-10%
|
445
+73%
|
804
+81%
|
736
-8%
|
824
+12%
|
690
-16%
|
445
-35%
|
486
+9%
|
509
+5%
|
547
+7%
|
659
+20%
|
800
+21%
|
851
+6%
|
898
+5%
|
758
-16%
|
657
-13%
|
659
+0%
|
698
+6%
|
840
+20%
|
918
+9%
|
965
+5%
|
1 005
+4%
|
1 064
+6%
|
1 143
+7%
|
980
-14%
|
981
+0%
|
1 091
+11%
|
(1 508)
N/A
|
(2 139)
-42%
|
755
N/A
|
1 759
+133%
|
1 545
-12%
|
1 597
+3%
|
1 774
+11%
|
1 929
+9%
|
|
EPS (Diluted) |
1.95
N/A
|
1.85
-5%
|
1.6
-14%
|
1.72
+7%
|
1.66
-3%
|
1.51
-9%
|
1.37
-9%
|
2.37
+73%
|
4.28
+81%
|
3.92
-8%
|
4.39
+12%
|
3.66
-17%
|
2.36
-36%
|
2.58
+9%
|
2.7
+5%
|
2.9
+7%
|
3.5
+21%
|
4.25
+21%
|
4.53
+7%
|
4.77
+5%
|
3.91
-18%
|
3.42
-13%
|
3.32
-3%
|
3.51
+6%
|
4.23
+21%
|
4.62
+9%
|
4.86
+5%
|
5.06
+4%
|
5.36
+6%
|
5.76
+7%
|
4.93
-14%
|
4.94
+0%
|
5.49
+11%
|
-7.59
N/A
|
-10.78
-42%
|
3.8
N/A
|
8.91
+134%
|
8.05
-10%
|
8.44
+5%
|
9.52
+13%
|
10.42
+9%
|