Arctic Paper SA
WSE:ATC
Income Statement
Earnings Waterfall
Arctic Paper SA
Income Statement
Arctic Paper SA
| Jun-2009 | Sep-2009 | Dec-2009 | Mar-2010 | Jun-2010 | Sep-2010 | Dec-2010 | Mar-2011 | Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | 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 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
0
|
0
|
19
|
4
|
0
|
0
|
28
|
10
|
20
|
30
|
38
|
38
|
37
|
35
|
32
|
29
|
28
|
26
|
26
|
0
|
0
|
0
|
25
|
6
|
11
|
0
|
20
|
11
|
12
|
17
|
31
|
30
|
29
|
30
|
21
|
23
|
23
|
23
|
24
|
24
|
24
|
24
|
23
|
22
|
22
|
21
|
19
|
17
|
17
|
19
|
18
|
32
|
29
|
25
|
6
|
11
|
9
|
9
|
6
|
8
|
9
|
0
|
8
|
0
|
0
|
0
|
|
| Revenue |
1 562
N/A
|
1 715
+10%
|
1 809
+5%
|
1 813
+0%
|
1 949
+8%
|
2 122
+9%
|
2 288
+8%
|
2 443
+7%
|
2 438
0%
|
2 452
+1%
|
2 527
+3%
|
2 581
+2%
|
2 644
+2%
|
2 683
+1%
|
2 632
-2%
|
2 766
+5%
|
2 889
+4%
|
2 992
+4%
|
3 105
+4%
|
3 025
-3%
|
2 955
-2%
|
2 899
-2%
|
2 865
-1%
|
2 893
+1%
|
2 888
0%
|
2 891
+0%
|
2 900
+0%
|
2 908
+0%
|
2 941
+1%
|
2 970
+1%
|
2 967
0%
|
2 962
0%
|
2 944
-1%
|
2 920
-1%
|
2 953
+1%
|
2 967
+0%
|
3 049
+3%
|
3 130
+3%
|
3 158
+1%
|
3 191
+1%
|
3 168
-1%
|
3 146
-1%
|
3 117
-1%
|
3 110
0%
|
2 964
-5%
|
2 872
-3%
|
2 847
-1%
|
2 816
-1%
|
2 987
+6%
|
3 174
+6%
|
3 413
+8%
|
3 741
+10%
|
4 250
+14%
|
4 763
+12%
|
4 894
+3%
|
4 816
-2%
|
4 356
-10%
|
3 808
-13%
|
3 549
-7%
|
3 482
-2%
|
3 485
+0%
|
3 450
-1%
|
3 435
0%
|
3 292
-4%
|
3 286
0%
|
3 263
-1%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(1 194)
|
(1 291)
|
(1 340)
|
(1 385)
|
(1 574)
|
(1 794)
|
(2 030)
|
(2 184)
|
(2 172)
|
(2 165)
|
(2 173)
|
(2 195)
|
(2 230)
|
(2 263)
|
(2 372)
|
(2 634)
|
(2 863)
|
(2 991)
|
(2 811)
|
(2 825)
|
(2 649)
|
(2 542)
|
(2 428)
|
(2 419)
|
(2 427)
|
(2 449)
|
(2 491)
|
(2 507)
|
(2 486)
|
(2 475)
|
(2 376)
|
(2 419)
|
(2 394)
|
(2 379)
|
(2 393)
|
(2 443)
|
(2 525)
|
(2 591)
|
(2 610)
|
(2 638)
|
(2 613)
|
(2 592)
|
(2 532)
|
(2 489)
|
(2 385)
|
(2 300)
|
(2 306)
|
(2 310)
|
(2 417)
|
(2 570)
|
(2 673)
|
(2 884)
|
(3 110)
|
(3 390)
|
(3 484)
|
(3 436)
|
(3 290)
|
(2 964)
|
(2 803)
|
(2 799)
|
(2 792)
|
(2 790)
|
(2 850)
|
(2 800)
|
(2 864)
|
(2 891)
|
|
| Gross Profit |
368
N/A
|
424
+15%
|
469
+11%
|
428
-9%
|
376
-12%
|
328
-13%
|
258
-21%
|
259
+0%
|
266
+3%
|
287
+8%
|
354
+24%
|
386
+9%
|
414
+7%
|
421
+2%
|
260
-38%
|
132
-49%
|
26
-80%
|
1
-96%
|
294
+27 211%
|
200
-32%
|
306
+53%
|
357
+17%
|
438
+22%
|
474
+8%
|
462
-3%
|
442
-4%
|
410
-7%
|
401
-2%
|
455
+13%
|
496
+9%
|
591
+19%
|
543
-8%
|
550
+1%
|
541
-2%
|
560
+3%
|
524
-6%
|
524
+0%
|
539
+3%
|
549
+2%
|
553
+1%
|
556
+1%
|
554
0%
|
586
+6%
|
622
+6%
|
579
-7%
|
572
-1%
|
542
-5%
|
506
-7%
|
570
+13%
|
603
+6%
|
739
+23%
|
856
+16%
|
1 141
+33%
|
1 373
+20%
|
1 411
+3%
|
1 379
-2%
|
1 066
-23%
|
845
-21%
|
746
-12%
|
683
-8%
|
693
+1%
|
660
-5%
|
584
-11%
|
492
-16%
|
423
-14%
|
372
-12%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(225)
|
(258)
|
(288)
|
(286)
|
(305)
|
(306)
|
(320)
|
(256)
|
(255)
|
(266)
|
(351)
|
(358)
|
(363)
|
(370)
|
(381)
|
(175)
|
(172)
|
(165)
|
(340)
|
(332)
|
(317)
|
(302)
|
(315)
|
(308)
|
(310)
|
(306)
|
(308)
|
(311)
|
(342)
|
(378)
|
(421)
|
(390)
|
(394)
|
(389)
|
(425)
|
(416)
|
(410)
|
(409)
|
(423)
|
(417)
|
(393)
|
(400)
|
(405)
|
(408)
|
(411)
|
(396)
|
(383)
|
(384)
|
(418)
|
(438)
|
(462)
|
(479)
|
(520)
|
(565)
|
(564)
|
(557)
|
(502)
|
(445)
|
(389)
|
(398)
|
(406)
|
(420)
|
(394)
|
(401)
|
(462)
|
(455)
|
|
| Selling, General & Administrative |
(260)
|
(293)
|
(290)
|
(299)
|
(319)
|
(318)
|
(325)
|
(344)
|
(341)
|
(352)
|
(360)
|
(373)
|
(380)
|
(386)
|
(391)
|
(399)
|
(400)
|
(393)
|
(371)
|
(360)
|
(348)
|
(338)
|
(332)
|
(345)
|
(339)
|
(333)
|
(328)
|
(312)
|
(351)
|
(384)
|
(442)
|
(412)
|
(411)
|
(409)
|
(438)
|
(432)
|
(425)
|
(426)
|
(438)
|
(438)
|
(437)
|
(437)
|
(420)
|
(432)
|
(421)
|
(416)
|
(407)
|
(413)
|
(438)
|
(459)
|
(479)
|
(497)
|
(536)
|
(572)
|
(579)
|
(582)
|
(538)
|
(488)
|
(461)
|
(468)
|
(467)
|
(477)
|
(465)
|
(468)
|
(478)
|
(475)
|
|
| Depreciation & Amortization |
0
|
0
|
(7)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
|
| Other Operating Expenses |
35
|
35
|
9
|
13
|
14
|
12
|
11
|
89
|
86
|
86
|
15
|
15
|
17
|
16
|
14
|
225
|
228
|
229
|
35
|
28
|
32
|
36
|
20
|
38
|
29
|
27
|
23
|
1
|
9
|
6
|
24
|
22
|
17
|
19
|
16
|
16
|
15
|
17
|
15
|
21
|
44
|
37
|
21
|
23
|
9
|
20
|
31
|
28
|
20
|
21
|
23
|
19
|
17
|
7
|
21
|
25
|
36
|
43
|
77
|
70
|
61
|
57
|
76
|
67
|
16
|
20
|
|
| Operating Income |
142
N/A
|
166
+17%
|
181
+9%
|
142
-22%
|
71
-50%
|
23
-68%
|
(61)
N/A
|
4
N/A
|
11
+186%
|
20
+86%
|
3
-85%
|
28
+822%
|
51
+83%
|
50
0%
|
(121)
N/A
|
(43)
+64%
|
(146)
-239%
|
(163)
-12%
|
(46)
+72%
|
(132)
-189%
|
(11)
+92%
|
56
N/A
|
123
+121%
|
167
+36%
|
152
-9%
|
136
-11%
|
102
-25%
|
91
-11%
|
112
+24%
|
117
+4%
|
170
+45%
|
153
-10%
|
157
+3%
|
152
-3%
|
135
-11%
|
108
-20%
|
114
+6%
|
130
+14%
|
126
-3%
|
136
+8%
|
162
+19%
|
154
-5%
|
180
+17%
|
213
+18%
|
168
-21%
|
176
+5%
|
159
-10%
|
122
-23%
|
152
+25%
|
166
+9%
|
277
+67%
|
377
+36%
|
621
+65%
|
808
+30%
|
847
+5%
|
823
-3%
|
564
-31%
|
399
-29%
|
356
-11%
|
285
-20%
|
288
+1%
|
240
-17%
|
190
-21%
|
91
-52%
|
(40)
N/A
|
(83)
-109%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
0
|
0
|
(17)
|
(4)
|
0
|
0
|
(8)
|
(10)
|
(19)
|
(29)
|
(0)
|
(37)
|
(36)
|
(34)
|
(35)
|
(32)
|
(30)
|
(29)
|
(25)
|
(26)
|
(26)
|
(31)
|
(29)
|
(34)
|
(32)
|
(31)
|
(20)
|
(25)
|
(26)
|
(21)
|
(43)
|
(29)
|
(29)
|
(29)
|
(20)
|
(22)
|
(22)
|
(22)
|
(30)
|
(22)
|
(23)
|
(23)
|
(25)
|
(22)
|
(26)
|
(29)
|
(29)
|
(27)
|
(26)
|
(24)
|
(14)
|
(33)
|
(21)
|
69
|
86
|
130
|
138
|
44
|
(14)
|
(15)
|
(38)
|
(38)
|
(0)
|
(40)
|
(27)
|
(28)
|
|
| Non-Reccuring Items |
0
|
0
|
(2)
|
0
|
0
|
0
|
79
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
101
|
0
|
0
|
0
|
(106)
|
0
|
0
|
0
|
13
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(25)
|
0
|
0
|
0
|
(25)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
11
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(32)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
|
| Total Other Income |
(18)
|
(32)
|
(9)
|
(36)
|
(11)
|
(10)
|
(2)
|
4
|
(28)
|
19
|
(3)
|
27
|
45
|
8
|
(5)
|
(1)
|
(4)
|
(3)
|
(6)
|
(7)
|
(6)
|
(3)
|
(7)
|
(8)
|
(2)
|
(3)
|
(8)
|
3
|
(11)
|
(13)
|
(8)
|
(15)
|
(13)
|
(10)
|
(4)
|
(8)
|
(11)
|
(11)
|
(7)
|
(15)
|
(10)
|
(12)
|
(8)
|
(10)
|
(6)
|
(4)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
11
|
11
|
11
|
(2)
|
(42)
|
(42)
|
(42)
|
(2)
|
14
|
16
|
21
|
8
|
16
|
12
|
7
|
|
| Pre-Tax Income |
125
N/A
|
135
+8%
|
153
+14%
|
102
-33%
|
60
-41%
|
12
-79%
|
7
-41%
|
(2)
N/A
|
(37)
-1 460%
|
10
N/A
|
0
-99%
|
18
+13 673%
|
60
+235%
|
24
-60%
|
(60)
N/A
|
(75)
-25%
|
(180)
-140%
|
(195)
-8%
|
(183)
+6%
|
(165)
+10%
|
(42)
+74%
|
22
N/A
|
99
+357%
|
124
+25%
|
118
-5%
|
101
-14%
|
72
-29%
|
68
-5%
|
76
+11%
|
83
+10%
|
94
+13%
|
108
+15%
|
115
+6%
|
112
-2%
|
86
-24%
|
78
-9%
|
81
+3%
|
97
+20%
|
89
-8%
|
99
+12%
|
129
+30%
|
120
-8%
|
158
+32%
|
181
+14%
|
136
-25%
|
144
+6%
|
122
-15%
|
88
-28%
|
119
+36%
|
135
+13%
|
223
+66%
|
356
+60%
|
612
+72%
|
888
+45%
|
928
+4%
|
910
-2%
|
660
-28%
|
401
-39%
|
341
-15%
|
285
-17%
|
265
-7%
|
223
-16%
|
192
-14%
|
67
-65%
|
(55)
N/A
|
(103)
-89%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(25)
|
(27)
|
(21)
|
(9)
|
4
|
13
|
21
|
22
|
15
|
9
|
12
|
12
|
20
|
20
|
84
|
83
|
88
|
89
|
31
|
29
|
12
|
4
|
(1)
|
(9)
|
8
|
7
|
(1)
|
1
|
(20)
|
(18)
|
(20)
|
(20)
|
(20)
|
(20)
|
(15)
|
(17)
|
(19)
|
(22)
|
(33)
|
(36)
|
(37)
|
(36)
|
(33)
|
(31)
|
(23)
|
(20)
|
(19)
|
(14)
|
(21)
|
(28)
|
(47)
|
(66)
|
(103)
|
(151)
|
(171)
|
(168)
|
(125)
|
(90)
|
(69)
|
(62)
|
(66)
|
(45)
|
(31)
|
(11)
|
11
|
22
|
|
| Income from Continuing Operations |
99
|
108
|
132
|
94
|
64
|
25
|
29
|
20
|
(22)
|
19
|
12
|
30
|
80
|
44
|
24
|
8
|
(92)
|
(106)
|
(152)
|
(136)
|
(30)
|
25
|
98
|
115
|
126
|
109
|
71
|
69
|
56
|
66
|
74
|
89
|
95
|
92
|
71
|
61
|
62
|
75
|
56
|
63
|
92
|
84
|
125
|
150
|
113
|
124
|
104
|
74
|
98
|
106
|
176
|
290
|
508
|
737
|
757
|
742
|
535
|
312
|
272
|
222
|
200
|
178
|
161
|
56
|
(43)
|
(81)
|
|
| Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(126)
|
(124)
|
(119)
|
(116)
|
20
|
15
|
4
|
(8)
|
(28)
|
(41)
|
(53)
|
(56)
|
(45)
|
(39)
|
(32)
|
(27)
|
(29)
|
(28)
|
(30)
|
(31)
|
(28)
|
(30)
|
(35)
|
(44)
|
(48)
|
(58)
|
(59)
|
(50)
|
(42)
|
(27)
|
(11)
|
(4)
|
7
|
12
|
(5)
|
(21)
|
(49)
|
(71)
|
(92)
|
(135)
|
(126)
|
(124)
|
(93)
|
(40)
|
(25)
|
(1)
|
0
|
1
|
(7)
|
3
|
39
|
48
|
|
| Net Income (Common) |
99
N/A
|
108
+8%
|
132
+23%
|
94
-29%
|
64
-32%
|
25
-61%
|
29
+15%
|
20
-32%
|
(22)
N/A
|
19
N/A
|
12
-36%
|
30
+150%
|
80
+165%
|
44
-45%
|
(102)
N/A
|
(116)
-13%
|
(211)
-81%
|
(221)
-5%
|
(132)
+40%
|
(122)
+7%
|
(28)
+77%
|
10
N/A
|
50
+399%
|
41
-19%
|
29
-29%
|
4
-86%
|
(71)
N/A
|
(59)
+17%
|
(54)
+9%
|
(30)
+44%
|
48
N/A
|
66
+37%
|
70
+6%
|
65
-7%
|
37
-43%
|
27
-27%
|
26
-5%
|
31
+23%
|
8
-76%
|
6
-24%
|
33
+473%
|
34
+3%
|
83
+141%
|
123
+49%
|
102
-17%
|
120
+18%
|
111
-8%
|
85
-23%
|
93
+9%
|
86
-8%
|
127
+49%
|
219
+72%
|
416
+90%
|
601
+44%
|
631
+5%
|
618
-2%
|
442
-28%
|
272
-39%
|
247
-9%
|
222
-10%
|
200
-10%
|
179
-10%
|
154
-14%
|
59
-62%
|
(5)
N/A
|
(34)
-597%
|
|
| EPS (Diluted) |
2.23
N/A
|
2.42
+9%
|
2.92
+21%
|
1.76
-40%
|
1.14
-35%
|
0.45
-61%
|
0.53
+18%
|
0.35
-34%
|
-0.4
N/A
|
0.35
N/A
|
0.22
-37%
|
0.56
+155%
|
1.42
+154%
|
0.8
-44%
|
-1.84
N/A
|
-1.71
+7%
|
-3.03
-77%
|
-3.19
-5%
|
-1.92
+40%
|
-1.76
+8%
|
-0.38
+78%
|
0.14
N/A
|
0.72
+414%
|
0.59
-18%
|
0.42
-29%
|
0.05
-88%
|
-1.02
N/A
|
-0.85
+17%
|
-0.78
+8%
|
-0.43
+45%
|
0.69
N/A
|
0.94
+36%
|
1
+6%
|
0.93
-7%
|
0.53
-43%
|
0.38
-28%
|
0.36
-5%
|
0.46
+28%
|
0.11
-76%
|
0.08
-27%
|
0.49
+513%
|
0.5
+2%
|
1.19
+138%
|
1.78
+50%
|
1.47
-17%
|
1.73
+18%
|
1.6
-8%
|
1.23
-23%
|
1.35
+10%
|
1.24
-8%
|
1.84
+48%
|
3.16
+72%
|
6.01
+90%
|
8.68
+44%
|
9.11
+5%
|
8.93
-2%
|
6.38
-29%
|
3.92
-39%
|
3.57
-9%
|
3.19
-11%
|
2.88
-10%
|
2.58
-10%
|
2.23
-14%
|
0.84
-62%
|
-0.07
N/A
|
-0.48
-586%
|
|