Bunzl plc
LSE:BNZL
Income Statement
Earnings Waterfall
Bunzl plc
Income Statement
Bunzl plc
| Dec-1999 | Jun-2000 | Dec-2000 | Jun-2001 | Dec-2001 | Jun-2002 | Dec-2002 | Jun-2003 | Dec-2003 | Jun-2004 | Dec-2004 | Jun-2005 | Dec-2005 | Jun-2006 | Dec-2006 | Jun-2007 | Dec-2007 | Jun-2008 | Dec-2008 | Jun-2009 | Dec-2009 | Jun-2010 | Dec-2010 | Jun-2011 | Dec-2011 | Jun-2012 | Dec-2012 | Jun-2013 | Dec-2013 | Jun-2014 | Dec-2014 | Jun-2015 | Dec-2015 | Jun-2016 | Dec-2016 | Jun-2017 | Dec-2017 | Jun-2018 | Dec-2018 | Jun-2019 | Dec-2019 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | Jun-2024 | Dec-2024 | Jun-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
0
|
0
|
0
|
0
|
16
|
0
|
25
|
0
|
22
|
7
|
20
|
31
|
33
|
31
|
42
|
35
|
35
|
40
|
43
|
42
|
36
|
34
|
32
|
31
|
33
|
34
|
33
|
37
|
40
|
40
|
41
|
42
|
43
|
47
|
50
|
51
|
51
|
54
|
60
|
74
|
80
|
73
|
67
|
62
|
61
|
63
|
81
|
109
|
135
|
149
|
161
|
170
|
|
| Revenue |
2 129
N/A
|
2 287
+7%
|
2 504
+9%
|
2 741
+9%
|
2 877
+5%
|
2 964
+3%
|
2 835
-4%
|
2 676
-6%
|
2 728
+2%
|
2 537
-7%
|
2 916
+15%
|
2 665
-9%
|
2 924
+10%
|
3 161
+8%
|
3 333
+5%
|
3 456
+4%
|
3 582
+4%
|
3 821
+7%
|
4 177
+9%
|
4 506
+8%
|
4 649
+3%
|
4 701
+1%
|
4 830
+3%
|
4 927
+2%
|
5 110
+4%
|
5 280
+3%
|
5 359
+2%
|
5 704
+6%
|
6 098
+7%
|
6 080
0%
|
6 157
+1%
|
6 353
+3%
|
6 490
+2%
|
6 801
+5%
|
7 429
+9%
|
8 102
+9%
|
8 581
+6%
|
8 805
+3%
|
9 079
+3%
|
9 264
+2%
|
9 327
+1%
|
9 645
+3%
|
10 111
+5%
|
10 131
+0%
|
10 285
+2%
|
11 069
+8%
|
12 040
+9%
|
12 296
+2%
|
11 797
-4%
|
11 602
-2%
|
11 776
+2%
|
11 825
+0%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(1 971)
|
(2 117)
|
(2 320)
|
(2 544)
|
(2 072)
|
(2 763)
|
(2 022)
|
(2 486)
|
(1 917)
|
(1 293)
|
(2 030)
|
(1 275)
|
(2 721)
|
(2 945)
|
(3 107)
|
0
|
0
|
0
|
(3 129)
|
0
|
(3 525)
|
0
|
(3 687)
|
0
|
(3 906)
|
0
|
(4 118)
|
0
|
(4 638)
|
0
|
(4 659)
|
0
|
(4 927)
|
0
|
(5 620)
|
0
|
(6 491)
|
0
|
(6 852)
|
0
|
(7 033)
|
0
|
(7 526)
|
0
|
(7 763)
|
0
|
(9 015)
|
0
|
(8 609)
|
0
|
(8 384)
|
0
|
|
| Gross Profit |
158
N/A
|
170
+8%
|
184
+8%
|
197
+7%
|
804
+309%
|
201
-75%
|
813
+305%
|
191
-77%
|
811
+325%
|
1 244
+53%
|
886
-29%
|
1 390
+57%
|
203
-85%
|
216
+6%
|
226
+5%
|
0
N/A
|
0
N/A
|
0
N/A
|
1 048
N/A
|
0
N/A
|
1 123
N/A
|
0
N/A
|
1 143
N/A
|
0
N/A
|
1 204
N/A
|
0
N/A
|
1 241
N/A
|
0
N/A
|
1 459
N/A
|
0
N/A
|
1 497
N/A
|
0
N/A
|
1 563
N/A
|
0
N/A
|
1 809
N/A
|
0
N/A
|
2 090
N/A
|
0
N/A
|
2 228
N/A
|
0
N/A
|
2 294
N/A
|
0
N/A
|
2 585
N/A
|
0
N/A
|
2 523
N/A
|
0
N/A
|
3 025
N/A
|
0
N/A
|
3 188
N/A
|
0
N/A
|
3 393
N/A
|
0
N/A
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
0
|
0
|
0
|
0
|
(603)
|
0
|
(614)
|
0
|
(615)
|
(1 051)
|
(681)
|
(1 234)
|
(16)
|
(18)
|
(20)
|
(3 244)
|
(3 363)
|
(3 591)
|
(806)
|
(4 262)
|
(869)
|
(4 439)
|
(879)
|
(4 661)
|
(915)
|
(4 985)
|
(937)
|
(5 380)
|
(1 104)
|
(5 733)
|
(1 129)
|
(5 962)
|
(1 176)
|
(6 392)
|
(1 365)
|
(7 630)
|
(1 597)
|
(8 309)
|
(1 726)
|
(8 742)
|
(1 752)
|
(9 055)
|
(1 906)
|
(9 447)
|
(1 877)
|
(10 388)
|
(2 267)
|
(11 515)
|
(2 380)
|
(10 780)
|
(2 571)
|
(11 054)
|
|
| Selling, General & Administrative |
0
|
0
|
0
|
0
|
(327)
|
0
|
(327)
|
0
|
(320)
|
0
|
(367)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(495)
|
0
|
(543)
|
0
|
(550)
|
0
|
(570)
|
0
|
(579)
|
0
|
(660)
|
0
|
(688)
|
0
|
(710)
|
0
|
(828)
|
0
|
(938)
|
0
|
(1 008)
|
0
|
(881)
|
0
|
(951)
|
0
|
(930)
|
0
|
(1 089)
|
0
|
(1 152)
|
0
|
(1 219)
|
0
|
|
| Depreciation & Amortization |
0
|
0
|
0
|
0
|
(46)
|
0
|
(50)
|
0
|
(50)
|
(2)
|
(58)
|
(13)
|
(16)
|
(18)
|
(20)
|
(21)
|
(24)
|
(30)
|
(56)
|
(40)
|
(65)
|
(43)
|
(69)
|
(49)
|
(72)
|
(54)
|
(71)
|
(52)
|
(84)
|
(74)
|
(86)
|
(50)
|
(91)
|
(72)
|
(109)
|
(96)
|
(128)
|
(112)
|
(144)
|
(110)
|
(267)
|
(102)
|
(272)
|
(103)
|
(278)
|
(116)
|
(318)
|
(133)
|
(343)
|
(140)
|
(384)
|
(155)
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
(230)
|
0
|
(238)
|
0
|
(245)
|
(1 049)
|
(256)
|
(1 220)
|
0
|
0
|
0
|
(3 222)
|
(3 339)
|
(3 561)
|
(255)
|
(4 222)
|
(261)
|
(4 396)
|
(260)
|
(4 612)
|
(273)
|
(4 931)
|
(287)
|
(5 328)
|
(359)
|
(5 657)
|
(355)
|
(5 912)
|
(375)
|
(6 320)
|
(428)
|
(7 533)
|
(531)
|
(8 196)
|
(574)
|
(8 632)
|
(604)
|
(8 953)
|
(683)
|
(9 344)
|
(669)
|
(10 272)
|
(861)
|
(11 383)
|
(885)
|
(10 640)
|
(968)
|
(10 899)
|
|
| Operating Income |
158
N/A
|
170
+8%
|
184
+8%
|
197
+7%
|
202
+3%
|
201
-1%
|
199
-1%
|
191
-4%
|
196
+3%
|
193
-2%
|
206
+7%
|
157
-24%
|
188
+20%
|
198
+6%
|
206
+4%
|
212
+3%
|
219
+3%
|
230
+5%
|
242
+5%
|
244
+1%
|
254
+4%
|
262
+3%
|
264
+1%
|
266
+1%
|
289
+9%
|
295
+2%
|
305
+3%
|
324
+6%
|
356
+10%
|
347
-3%
|
368
+6%
|
391
+6%
|
387
-1%
|
409
+6%
|
444
+8%
|
472
+6%
|
493
+4%
|
497
+1%
|
502
+1%
|
522
+4%
|
541
+4%
|
590
+9%
|
679
+15%
|
684
+1%
|
645
-6%
|
681
+6%
|
757
+11%
|
780
+3%
|
808
+4%
|
822
+2%
|
821
0%
|
770
-6%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(8)
|
(9)
|
(13)
|
(16)
|
(14)
|
(10)
|
(6)
|
(2)
|
(2)
|
(2)
|
(5)
|
(7)
|
(11)
|
(14)
|
(28)
|
(15)
|
(29)
|
(23)
|
(45)
|
(27)
|
(38)
|
(19)
|
(32)
|
(13)
|
(32)
|
(24)
|
(32)
|
(36)
|
(39)
|
(52)
|
(41)
|
(42)
|
(42)
|
(46)
|
(47)
|
(45)
|
(49)
|
(49)
|
(54)
|
(68)
|
(75)
|
(70)
|
(64)
|
(59)
|
(57)
|
(56)
|
(66)
|
(86)
|
(98)
|
(104)
|
(115)
|
(126)
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
0
|
(0)
|
(4)
|
(8)
|
0
|
(10)
|
(7)
|
(11)
|
(14)
|
(24)
|
0
|
(26)
|
(33)
|
(20)
|
(31)
|
(34)
|
(36)
|
(37)
|
(23)
|
(22)
|
(27)
|
(13)
|
(21)
|
(60)
|
(41)
|
(22)
|
(34)
|
(55)
|
(46)
|
(19)
|
(66)
|
(42)
|
(7)
|
|
| Gain/Loss on Disposition of Assets |
0
|
0
|
2
|
0
|
0
|
0
|
3
|
4
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(56)
|
(56)
|
4
|
4
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
0
|
0
|
0
|
2
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
12
|
(6)
|
2
|
(11)
|
7
|
(9)
|
(0)
|
(17)
|
2
|
(16)
|
3
|
(9)
|
3
|
(3)
|
(3)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
1
|
(2)
|
2
|
(0)
|
(1)
|
1
|
0
|
(0)
|
2
|
2
|
3
|
(1)
|
(2)
|
6
|
8
|
9
|
10
|
7
|
|
| Pre-Tax Income |
151
N/A
|
161
+7%
|
173
+8%
|
183
+6%
|
188
+2%
|
191
+2%
|
196
+3%
|
193
-1%
|
195
+1%
|
191
-2%
|
201
+5%
|
150
-25%
|
177
+18%
|
184
+4%
|
190
+3%
|
191
+1%
|
191
+0%
|
196
+2%
|
207
+6%
|
208
+0%
|
216
+4%
|
221
+3%
|
225
+2%
|
237
+5%
|
194
-18%
|
200
+3%
|
269
+35%
|
275
+2%
|
290
+6%
|
293
+1%
|
300
+2%
|
315
+5%
|
323
+3%
|
331
+3%
|
363
+10%
|
389
+7%
|
409
+5%
|
425
+4%
|
425
+0%
|
428
+1%
|
453
+6%
|
498
+10%
|
556
+12%
|
586
+5%
|
569
-3%
|
590
+4%
|
635
+8%
|
655
+3%
|
699
+7%
|
661
-5%
|
674
+2%
|
644
-4%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(56)
|
(60)
|
(65)
|
(69)
|
(70)
|
(71)
|
(70)
|
(69)
|
(69)
|
(59)
|
(72)
|
(55)
|
(57)
|
(59)
|
(60)
|
(60)
|
(61)
|
(63)
|
(65)
|
(64)
|
(67)
|
(68)
|
(66)
|
(67)
|
(70)
|
(73)
|
(74)
|
(77)
|
(83)
|
(87)
|
(89)
|
(89)
|
(90)
|
(92)
|
(97)
|
(103)
|
(99)
|
(97)
|
(98)
|
(96)
|
(104)
|
(119)
|
(126)
|
(131)
|
(126)
|
(136)
|
(160)
|
(165)
|
(172)
|
(173)
|
(173)
|
(160)
|
|
| Income from Continuing Operations |
94
|
101
|
109
|
114
|
118
|
120
|
126
|
124
|
126
|
132
|
129
|
96
|
120
|
125
|
129
|
130
|
130
|
133
|
142
|
144
|
149
|
153
|
159
|
170
|
124
|
128
|
195
|
198
|
207
|
206
|
211
|
226
|
233
|
239
|
266
|
286
|
311
|
328
|
327
|
332
|
349
|
380
|
430
|
456
|
443
|
453
|
474
|
490
|
526
|
488
|
501
|
484
|
|
| Income to Minority Interest |
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
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
|
(1)
|
(1)
|
|
| Net Income (Common) |
94
N/A
|
100
+6%
|
108
+8%
|
114
+6%
|
118
+3%
|
120
+2%
|
125
+5%
|
123
-2%
|
125
+1%
|
131
+5%
|
127
-3%
|
134
+5%
|
124
-8%
|
125
+1%
|
129
+3%
|
130
+1%
|
130
0%
|
133
+2%
|
142
+7%
|
144
+1%
|
149
+4%
|
153
+3%
|
159
+4%
|
170
+7%
|
124
-27%
|
128
+3%
|
195
+53%
|
198
+1%
|
207
+5%
|
206
0%
|
211
+2%
|
226
+7%
|
233
+3%
|
239
+3%
|
266
+11%
|
286
+8%
|
311
+8%
|
328
+6%
|
327
0%
|
332
+2%
|
349
+5%
|
380
+9%
|
430
+13%
|
456
+6%
|
443
-3%
|
453
+2%
|
474
+5%
|
490
+3%
|
526
+7%
|
488
-7%
|
500
+3%
|
484
-3%
|
|
| EPS (Diluted) |
0.27
N/A
|
0.28
+4%
|
0.3
+7%
|
0.32
+7%
|
0.33
+3%
|
0.33
N/A
|
0.35
+6%
|
0.34
-3%
|
0.35
+3%
|
0.38
+9%
|
0.37
-3%
|
0.39
+5%
|
0.35
-10%
|
0.36
+3%
|
0.38
+6%
|
0.38
N/A
|
0.4
+5%
|
0.42
+5%
|
0.44
+5%
|
0.45
+2%
|
0.46
+2%
|
0.48
+4%
|
0.49
+2%
|
0.52
+6%
|
0.38
-27%
|
0.39
+3%
|
0.6
+54%
|
0.6
N/A
|
0.63
+5%
|
0.62
-2%
|
0.64
+3%
|
0.68
+6%
|
0.7
+3%
|
0.71
+1%
|
0.8
+13%
|
0.86
+7%
|
0.94
+9%
|
0.99
+5%
|
0.98
-1%
|
0.99
+1%
|
1.04
+5%
|
1.14
+10%
|
1.28
+12%
|
1.36
+6%
|
1.32
-3%
|
1.34
+2%
|
1.41
+5%
|
1.45
+3%
|
1.56
+8%
|
1.45
-7%
|
1.49
+3%
|
1.47
-1%
|
|