Ecopetrol S.A. | Income Statement
Fiscal year is January-December. All values COP Millions.
2013
2014
2015
2016
2017
2018
Sales/Revenue
70,428,714
65,971,888
52,090,927
48,452,487
53,563,503
64,639,935
Cost of Goods Sold (COGS) incl. D&A
42,934,319
45,710,139
38,749,405
35,188,178
38,764,617
42,828,580
Gross Income
27,494,395
20,261,749
13,341,522
13,264,309
14,798,886
21,811,355
SG&A Expense
4,549,552
874,124
885,719
1,877,503
1,710,728
1,613,020
EBIT
22,043,631
-
11,376,091
9,540,961
11,530,749
18,621,208
Unusual Expense
193,587
2,383,936
8,235,841
1,418,502
3,530,576
3,420,531
Non Operating Income/Expense
127,753
1,967,892
3,503,098
1,393,793
31,777
262,445
Interest Expense
676,953
1,441,741
2,442,059
2,832,810
2,431,035
2,461,587
Pretax Income
21,762,147
10,938,358
2,511,400
7,069,443
13,004,075
19,701,331
Income Tax
8,088,838
4,769,101
606,567
4,655,495
5,634,944
7,322,019
Equity in Affiliates
120,060
179,299
35,121
9,711
32,791
154,520
Consolidated Net Income
13,793,369
6,348,556
3,082,846
2,404,237
7,401,922
12,533,832
Net Income
13,106,503
5,725,500
3,987,726
1,564,709
6,620,412
11,556,405
Net Income After Extraordinaries
13,106,503
5,725,500
3,987,726
1,564,709
6,620,412
11,556,405
Net Income Available to Common
13,106,503
5,725,500
3,987,726
1,564,709
6,620,412
11,556,405
EPS (Basic)
318.76
139.30
97.00
38.10
161.00
281.06
Basic Shares Outstanding
41,117
41,117
41,117
41,117
41,117
41,117
EPS (Diluted)
318.76
139.25
96.99
38.06
161.02
281.06
Diluted Shares Outstanding
41,117
41,117
41,117
41,117
41,117
41,117
EBITDA
27,576,390
22,862,607
18,146,449
17,475,801
21,075,399
27,396,648
Other Operating Expense
901,212
2,942,225
1,079,712
1,845,845
1,557,409
1,577,127
Non-Operating Interest Income
461,303
286,527
293,507
386,001
405,562
383,624
Minority Interest Expense
686,866
623,056
904,880
839,528
781,510
977,427
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