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Income Statements: Cyrela Brazil Realty SA Empreendimentos e Participacoes (CYRE3.SA)

CYRE3.SA on Sao Paulo Stock Exchange

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Interim Income Statement
View: AnnualInterim

In Millions ofReal
(except for per share items)
2019
2019-03-31
Period Length
3 Months
Revenue 826.2
Other Revenue, Total --
Total Revenue 826.2
Cost of Revenue, Total 577.3
Gross Profit 248.9
Selling/General/Admin. Expenses, Total 166.9
Research & Development --
Depreciation/Amortization --
Interest Expense, Net - Operating --
Interest/Investment Income - Operating (5.2)
Interest Expense(Income) - Net Operating --
Unusual Expense (Income) --
Other Operating Expenses, Total 9.5
Total Operating Expense 748.6
Operating Income 77.6
Interest Expense, Net Non-Operating (33.7)
Interest/Invest Income - Non-Operating 36.7
Interest Income(Exp), Net Non-Operating --
Gain (Loss) on Sale of Assets --
Other, Net (1.1)
Net Income Before Taxes 79.5
Provision for Income Taxes 18.1
Net Income After Taxes 61.4
Minority Interest (13.0)
Equity In Affiliates --
U.S. GAAP Adjustment --
Net Income Before Extra. Items 48.4
Accounting Change --
Discontinued Operations --
Extraordinary Item --
Tax on Extraordinary Items --
Net Income 48.4
Preferred Dividends --
General Partners' Distributions --
Miscellaneous Earnings Adjustment --
Pro Forma Adjustment --
Interest Adjustment - Primary EPS --
Income Available to Com Excl ExtraOrd 48.4
Income Available to Com Incl ExtraOrd 48.4
Basic Weighted Average Shares 384.36
Basic EPS Excluding Extraordinary Items 0.126
Basic EPS Including Extraordinary Items 0.126
Dilution Adjustment --
Diluted Weighted Average Shares 384.36
Diluted EPS Excluding ExtraOrd Items 0.126
Diluted EPS Including ExtraOrd Items 0.126
DPS - Common Stock Primary Issue 0.000
Gross Dividends - Common Stock 0.0
Total Special Items 10.9
Normalized Income Before Taxes 90.4
Effect of Special Items on Income Taxes 2.5
Inc Tax Ex Impact of Sp Items 20.6
Normalized Income After Taxes 69.8
Normalized Inc. Avail to Com. 56.8
Basic Normalized EPS 0.148
Diluted Normalized EPS 0.148

Brazil's Cyrela plans to launch more housing projects this year-CFO

SAO PAULO, May 10 Cyrela Brazil Realty SA , one of the largest homebuilders in Latin America, plans to launch more housing projects this year, Chief Financial Officer Miguel Maia Mickelberg said, despite a sluggish economy.