
Santos Brasil Participacoes SA
BOVESPA:STBP3

Income Statement
Earnings Waterfall
Santos Brasil Participacoes SA
Revenue
|
2.9B
BRL
|
Cost of Revenue
|
-1.3B
BRL
|
Gross Profit
|
1.6B
BRL
|
Operating Expenses
|
-388.1m
BRL
|
Operating Income
|
1.2B
BRL
|
Other Expenses
|
-457.3m
BRL
|
Net Income
|
742m
BRL
|
Income Statement
Santos Brasil Participacoes SA
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 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
1 004
N/A
|
1 020
+2%
|
990
-3%
|
967
-2%
|
964
0%
|
865
-10%
|
835
-3%
|
832
0%
|
829
0%
|
848
+2%
|
836
-2%
|
820
-2%
|
824
+0%
|
817
-1%
|
858
+5%
|
906
+6%
|
922
+2%
|
935
+1%
|
969
+4%
|
964
-1%
|
973
+1%
|
969
0%
|
929
-4%
|
899
-3%
|
930
+3%
|
1 020
+10%
|
1 175
+15%
|
1 351
+15%
|
1 534
+14%
|
1 660
+8%
|
1 781
+7%
|
1 906
+7%
|
1 932
+1%
|
1 919
-1%
|
1 925
+0%
|
1 937
+1%
|
2 135
+10%
|
2 353
+10%
|
2 549
+8%
|
2 779
+9%
|
2 903
+4%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(714)
|
(705)
|
(701)
|
(704)
|
(704)
|
(701)
|
(700)
|
(698)
|
(704)
|
(696)
|
(681)
|
(663)
|
(646)
|
(614)
|
(619)
|
(634)
|
(674)
|
(691)
|
(712)
|
(713)
|
(723)
|
(716)
|
(699)
|
(696)
|
(709)
|
(735)
|
(783)
|
(842)
|
(897)
|
(957)
|
(1 007)
|
(1 069)
|
(1 055)
|
(1 073)
|
(1 064)
|
(1 034)
|
(1 049)
|
(1 082)
|
(1 142)
|
(1 214)
|
(1 316)
|
|
Gross Profit |
290
N/A
|
315
+9%
|
289
-8%
|
263
-9%
|
260
-1%
|
164
-37%
|
134
-18%
|
134
0%
|
125
-7%
|
153
+23%
|
154
+1%
|
158
+2%
|
178
+13%
|
203
+14%
|
239
+18%
|
272
+14%
|
247
-9%
|
244
-1%
|
258
+5%
|
251
-2%
|
250
0%
|
253
+1%
|
230
-9%
|
204
-11%
|
221
+8%
|
285
+29%
|
393
+38%
|
509
+30%
|
637
+25%
|
703
+10%
|
774
+10%
|
837
+8%
|
877
+5%
|
846
-4%
|
861
+2%
|
903
+5%
|
1 085
+20%
|
1 271
+17%
|
1 407
+11%
|
1 566
+11%
|
1 587
+1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(122)
|
(166)
|
(172)
|
(181)
|
(199)
|
(186)
|
(174)
|
(175)
|
(127)
|
(123)
|
(140)
|
(133)
|
(140)
|
(150)
|
(157)
|
(176)
|
(179)
|
(181)
|
(179)
|
(177)
|
(164)
|
(162)
|
(158)
|
(149)
|
(162)
|
(166)
|
(178)
|
(200)
|
(235)
|
(259)
|
(279)
|
(290)
|
(309)
|
(312)
|
(318)
|
(320)
|
(308)
|
(330)
|
(356)
|
(369)
|
(388)
|
|
Selling, General & Administrative |
(125)
|
(184)
|
(194)
|
(201)
|
(198)
|
(172)
|
(168)
|
(168)
|
(125)
|
(142)
|
(149)
|
(140)
|
(139)
|
(155)
|
(161)
|
(179)
|
(178)
|
(180)
|
(179)
|
(177)
|
(164)
|
(162)
|
(158)
|
(149)
|
(161)
|
(165)
|
(177)
|
(199)
|
(233)
|
(257)
|
(277)
|
(288)
|
(307)
|
(310)
|
(317)
|
(318)
|
(307)
|
(329)
|
(356)
|
(369)
|
(382)
|
|
Other Operating Expenses |
3
|
18
|
23
|
21
|
(1)
|
(14)
|
(6)
|
(7)
|
(1)
|
19
|
9
|
7
|
(1)
|
5
|
3
|
3
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(0)
|
(0)
|
(0)
|
0
|
(6)
|
|
Operating Income |
168
N/A
|
149
-11%
|
117
-22%
|
82
-30%
|
60
-26%
|
(22)
N/A
|
(40)
-80%
|
(41)
-3%
|
(2)
+95%
|
30
N/A
|
14
-54%
|
25
+76%
|
38
+53%
|
53
+41%
|
82
+54%
|
96
+17%
|
69
-28%
|
64
-7%
|
78
+23%
|
74
-5%
|
86
+16%
|
91
+7%
|
72
-21%
|
55
-24%
|
59
+8%
|
120
+102%
|
215
+79%
|
310
+44%
|
402
+30%
|
444
+10%
|
496
+12%
|
547
+10%
|
567
+4%
|
534
-6%
|
543
+2%
|
584
+7%
|
778
+33%
|
941
+21%
|
1 051
+12%
|
1 196
+14%
|
1 199
+0%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(26)
|
(34)
|
(32)
|
(36)
|
(32)
|
(24)
|
(25)
|
(17)
|
(15)
|
(15)
|
(13)
|
(11)
|
(9)
|
(8)
|
(8)
|
(7)
|
(4)
|
(3)
|
(1)
|
(2)
|
(8)
|
(17)
|
(20)
|
(22)
|
(16)
|
(7)
|
3
|
14
|
(77)
|
53
|
66
|
83
|
(36)
|
(78)
|
(121)
|
(171)
|
(92)
|
(103)
|
(114)
|
(114)
|
(161)
|
|
Non-Reccuring Items |
(15)
|
(16)
|
(16)
|
(16)
|
(45)
|
(11)
|
(9)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(6)
|
(5)
|
(4)
|
(4)
|
(3)
|
(4)
|
(4)
|
(4)
|
0
|
(2)
|
(3)
|
(2)
|
0
|
(0)
|
1
|
(1)
|
(0)
|
(3)
|
(3)
|
(3)
|
56
|
29
|
39
|
43
|
13
|
23
|
19
|
15
|
23
|
|
Total Other Income |
0
|
1
|
1
|
2
|
3
|
3
|
3
|
3
|
2
|
(15)
|
(27)
|
(41)
|
(54)
|
(91)
|
(92)
|
(93)
|
(53)
|
(53)
|
(53)
|
(53)
|
(53)
|
(53)
|
(53)
|
(55)
|
(61)
|
(62)
|
(63)
|
(57)
|
12
|
(40)
|
(42)
|
(43)
|
(7)
|
25
|
35
|
45
|
(6)
|
(13)
|
(10)
|
(14)
|
(20)
|
|
Pre-Tax Income |
127
N/A
|
101
-21%
|
70
-30%
|
33
-53%
|
(14)
N/A
|
(55)
-285%
|
(71)
-29%
|
(61)
+13%
|
(22)
+64%
|
(6)
+72%
|
(34)
-433%
|
(33)
+1%
|
(31)
+6%
|
(50)
-62%
|
(23)
+55%
|
(7)
+67%
|
8
N/A
|
5
-44%
|
20
+346%
|
16
-20%
|
25
+54%
|
19
-25%
|
(5)
N/A
|
(24)
-422%
|
(18)
+25%
|
50
N/A
|
155
+210%
|
265
+71%
|
336
+27%
|
454
+35%
|
518
+14%
|
583
+13%
|
580
-1%
|
509
-12%
|
496
-3%
|
500
+1%
|
693
+38%
|
848
+22%
|
946
+12%
|
1 083
+14%
|
1 041
-4%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(36)
|
(26)
|
(16)
|
(5)
|
(4)
|
8
|
13
|
14
|
2
|
(1)
|
10
|
9
|
26
|
33
|
24
|
19
|
(5)
|
(5)
|
(10)
|
(7)
|
(10)
|
(7)
|
0
|
6
|
4
|
(20)
|
(55)
|
(93)
|
(80)
|
(119)
|
(141)
|
(163)
|
(151)
|
(128)
|
(123)
|
(98)
|
(188)
|
(242)
|
(263)
|
(322)
|
(299)
|
|
Income from Continuing Operations |
92
|
75
|
55
|
28
|
(18)
|
(47)
|
(57)
|
(48)
|
(20)
|
(7)
|
(24)
|
(24)
|
(5)
|
(17)
|
2
|
12
|
3
|
(0)
|
10
|
9
|
15
|
11
|
(5)
|
(18)
|
(14)
|
30
|
100
|
172
|
256
|
335
|
377
|
420
|
429
|
381
|
373
|
402
|
504
|
606
|
684
|
761
|
742
|
|
Net Income (Common) |
92
N/A
|
75
-18%
|
55
-27%
|
28
-49%
|
(18)
N/A
|
(47)
-158%
|
(57)
-22%
|
(48)
+17%
|
(20)
+58%
|
(7)
+63%
|
(24)
-230%
|
(24)
+0%
|
(5)
+78%
|
(17)
-223%
|
2
N/A
|
12
+676%
|
3
-74%
|
(0)
N/A
|
10
N/A
|
9
-14%
|
15
+75%
|
11
-27%
|
(5)
N/A
|
(18)
-291%
|
(14)
+22%
|
30
N/A
|
100
+230%
|
172
+72%
|
256
+49%
|
335
+31%
|
377
+13%
|
420
+11%
|
429
+2%
|
381
-11%
|
373
-2%
|
402
+8%
|
504
+25%
|
606
+20%
|
684
+13%
|
761
+11%
|
742
-2%
|
|
EPS (Diluted) |
0.14
N/A
|
0.11
-21%
|
0.08
-27%
|
0.04
-50%
|
-0.03
N/A
|
-0.07
-133%
|
-0.09
-29%
|
-0.07
+22%
|
-0.03
+57%
|
-0.01
+67%
|
-0.03
-200%
|
-0.03
N/A
|
-0.01
+67%
|
-0.02
-100%
|
0
N/A
|
0.01
N/A
|
0
N/A
|
0
N/A
|
0.02
N/A
|
0.01
-50%
|
0.02
+100%
|
0.02
N/A
|
-0.01
N/A
|
-0.03
-200%
|
-0.02
+33%
|
0.03
N/A
|
0.11
+267%
|
0.2
+82%
|
0.3
+50%
|
0.39
+30%
|
0.44
+13%
|
0.49
+11%
|
0.5
+2%
|
0.44
-12%
|
0.43
-2%
|
0.46
+7%
|
0.58
+26%
|
0.7
+21%
|
0.79
+13%
|
0.88
+11%
|
0.86
-2%
|