IPCO — International Petroleum Income Statement

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Annual income statement for International Petroleum, fiscal year end - December 31st, USD millions except per share, conversion factor applied.

	2021 December 31st	C2022 December 31st	2023 December 31st	2024 December 31st	2025 December 31st
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	ARS	ARS	ARS	ARS	ARS
Standards:	IFRS	IFRS	IFRS	IFRS	IFRS
Status:	Final	Final	Final	Final	Final
Revenue
Total Revenue	666	1,129	854	798	686
Cost of Revenue
Gross Profit	210	517	251	210	128
Selling / General / Administrative Expenses
Depreciation and Amortization
Unusual Expense / Income
Other Operating Expenses
Total Operating Expenses	468	627	603	603	574
Operating Profit	198	502	251	195	112
Total Net Non Operating Interest Income / Expense
Other Net Non Operating Costs
Net Income Before Taxes	168	465	228	136	46.3
Provision for Income Taxes
Net Income After Taxes	146	338	173	102	28.9
Minority Interest
Net Income Before Extraordinary Items
Net Income	146	338	173	102	28.9
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Diluted Net Income	146	338	173	102	28.9
Diluted Weighted Average Shares
Basic EPS Including Extraordinary Items
Diluted EPS Including Extraordinary Items
Diluted EPS Excluding Extraordinary Items
Normalised Income Before Taxes
Normalised Income After Taxes
Normalised Income Available to Common Shareholders
Diluted Normalised EPS	0.922	2.25	1.18	0.815	0.247