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Notes to the Financial Statements

Home : Notes to the Financial Statements : Operating Income Per Segment

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Operating Income Per Segment

The Company reports 2 identifiable segments: (i) water supply systems; and (ii) sewage collection systems.

  2005
  Water system Sewage system Consolidated
Gross revenue from sales and services 2,771,633 2,256,857 5,028,490
Gross sales revenue – wholesale revenues 241,209 - 241,209
Other sales and services 57,034 29,593 86,627
  3,069,876 2,286,450 5,356,326
Taxes on sales and services (213,394) (189,569) (402,963)
Net revenue from sales and services 2,856,482 2,096,881 4,953,363
Cost of sales and services and operating expenses (2,205,146) (1,058,644) (3,263,790)
Operating profit before financial expenses 651,336 1,038,237 1,689,573


  2004
  Water system Sewage system Consolidated
Gross revenue from sales and services 2,396,159 1,939,971 4,336,130
Gross sales revenue – wholesale revenues 217,378 - 217,378
Other sales and services 60,931 28,052 88,983
  2,674,468 1,968,023 4,642,491
Taxes on sales and services (133,494) (111,925) (245,419)
Net revenue from sales and services 2,540,974 1,856,098 4,397,072
Cost of sales and services and operating expenses (2,051,911) (1,017,546) (3,069,457)
Operating profit before financial expenses 489,063 838,552 1,327,615
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