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Cosmos Bottling (PHS:CBC) Net Income : ₱434 Mil (TTM As of Sep. 2012)


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What is Cosmos Bottling Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Cosmos Bottling's Net Income for the three months ended in Sep. 2012 was ₱128 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2012 was ₱434 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Cosmos Bottling's Earnings per Share (Diluted) for the three months ended in Sep. 2012 was ₱0.14.

Cosmos Bottling Net Income Historical Data

The historical data trend for Cosmos Bottling's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cosmos Bottling Net Income Chart

Cosmos Bottling Annual Data
Trend Dec10 Dec11
Net Income
287.78 345.00

Cosmos Bottling Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
Net Income Get a 7-Day Free Trial 86.07 92.60 167.35 45.42 128.33

Cosmos Bottling Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Cosmos Bottling's Net Income for the fiscal year that ended in Dec. 2011 is calculated as

Net Income(A: Dec. 2011 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=352.981+-7.982+0+5.6843418860808E-14
=345

Cosmos Bottling's Net Income for the quarter that ended in Sep. 2012 is calculated as

Net Income(Q: Sep. 2012 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=130.118+-1.789+0+0
=128

Net Income for the trailing twelve months (TTM) ended in Sep. 2012 adds up the quarterly data reported by the company within the most recent 12 months, which was ₱434 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Cosmos Bottling  (PHS:CBC) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Cosmos Bottling's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 2012 is calculated as

Earnings per Share (Diluted) (Q: Sep. 2012 )=(Net Income-Preferred Dividends)/Shares Outstanding (Diluted Average)
=(128.329-0)/903.561
=0.14

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.

Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.

Cosmos Bottling Net Income Related Terms

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