VAR — Var Energi ASA Income Statement

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

	R2021 December 31st	2022 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	6,071	9,816	6,834	7,407	8,096
Cost of Revenue
Gross Profit	4,929	8,673	5,697	6,004	6,801
Selling / General / Administrative Expenses
Research And Development
Depreciation and Amortization
Unusual Expense / Income
Other Operating Expenses
Total Operating Expenses	3,012	3,448	3,318	3,616	3,911
Operating Profit	3,059	6,369	3,517	3,790	4,185
Total Net Non Operating Interest Income / Expense
Other Net Non Operating Costs
Net Income Before Taxes	2,647	5,856	3,357	3,313	4,307
Provision for Income Taxes
Net Income After Taxes	654	936	610	327	846
Net Income Before Extraordinary Items
Net Income	654	936	610	327	846
Adjustments to Net Income
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Diluted Net Income	654	936	610	312	785
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	0.262	0.605	0.378	0.119	0.172
Dividends per Share