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BOGOTÁ, Colombia, May 10, 2022 /PRNewswire/ — Ecopetrol SA ((BVC: ECOPETROL, NYSE:EC) announced today the Ecopetrol Group’s financial results for the first quarter of 2022.
Table 1: Financial Summary Income Statement – Ecopetrol Group
Billion (COP) |
1Q 2022 |
1Q 2021 |
∆ ($) |
∆ (%) |
|
Total sales |
32,473 |
17,206 |
15,267 |
88.7% |
|
Depreciation and amortization |
2,579 |
2,237 |
342 |
15.3% |
|
Variable cost |
12,065 |
6,238 |
5,827 |
93.4% |
|
Fixed cost |
3,294 |
2,037 |
1,257 |
61.7% |
|
Cost of sales |
17,938 |
10,512 |
7,426 |
70.6% |
|
Gross income |
14,535 |
6,694 |
7,841 |
117.1% |
|
Operating and exploratory expenses |
2,005 |
1,181 |
824 |
69.8% |
|
Operating income |
12,530 |
5,513 |
7,017 |
127.3% |
|
Financial income (loss), net |
(1,524) |
(651) |
(873) |
134.1% |
|
Share of profit of companies |
202 |
53 |
149 |
281.1% |
|
Income before income tax |
11,208 |
4,915 |
6,293 |
128.0% |
|
Income tax |
(3,884) |
(1,537) |
(2,347) |
152.7% |
|
Net consolidated income consolidated |
7,324 |
3,378 |
3,946 |
116.8% |
|
non-controlling interest |
(751) |
(292) |
(459) |
157.2% |
|
Net income attributable to owners of Ecopetrol |
6,573 |
3,086 |
3,487 |
113.0% |
|
EBITDA |
15,896 |
8,187 |
7,709 |
Full story available on Benzinga.com
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