Fundamentals - Income Statement

  Year Ending Dec 2017 (Update) Year Ending Dec 2016 (Update) Year Ending Dec 2015 (Reclassified) Year Ending Dec 2014 (Reclassified) Year Ending Dec 2013 (Restated)
Net Sales 8.36M 8.38M 9.97M 12.93M 13.42M
Revenue 8.36M 8.38M 9.97M 12.93M 13.42M
Total Revenue 8.36M 8.38M 9.97M 12.93M 13.42M
Cost of Revenue 8.21M 7.33M 9.38M 10.69M 12.44M
Cost of Revenue, Total 8.21M 7.33M 9.38M 10.69M 12.44M
Gross Profit 157.75 1.05M 587.58 2.24M 978.67
Selling/General/Administrative Expense 889.83 1.13M 1.70M 1.79M 1.73M
Labor & Related Expense 1.07 1.48 9.13 26.16 9.53
Selling/General/Administrative Expenses, Total 890.90 1.13M 1.71M 1.81M 1.74M
Research & Development 131.76 135.74 376.48 543.53 263.99
Depreciation 35.50 48.39 88.31 95.70 86.42
Amortization of Intangibles, Operating 0.25 0.25 0.25 0.33 3.88
Depreciation/Amortization 35.75 48.64 88.56 96.02 90.29
Impairment-Assets Held for Use 2.04M 1.28M 3.80M -- --
Loss (Gain) on Sale of Assets - Operating -- 143.02 -1,167.32 --
Other Unusual Expense (Income)
Unusual Expense (Income) 2.04M 1.42M 2.64M -- --
Total Operating Expense 11.31M 10.06M 14.19M 13.14M 14.54M
Operating Income -2,942.86 -1,684.87 -4,228.03 -215.19 -1,118.38
Interest Expense - Non-Operating -663.72 -664.10 -1,014.63 -1,024.50 -971.49
Interest Capitalized - Non-Operating -- 0.88 37.45 8.62
Interest Expense, Net Non-Operating -663.72 -663.22 -977.18 -1,015.87 -971.49
Interest Income, Non-Operating 6.02 6.60 22.63 35.03 31.37
Investment Income, Non-Operating 32.90 6.00 -132.71 -243.39 -31.14
Interest/Investment Income, Non-Operating 38.92 12.60 -110.08 -208.36 0.24
Interest Income (Expense), Net-Non-Operating, Total -624.80 -650.62 -1,087.25 -1,224.23 -971.26
Other Non-Operating Income (Expense) 117.53 246.97 148.46 125.57 65.77
Other, Net 117.53 246.97 148.46 125.57 65.77
Net Income Before Taxes -3,450.13 -2,088.52 -5,166.82 -1,313.86 -2,023.87
Income Tax – Total 0.22 12.90 731.19 89.72 31.03
Income After Tax -3,450.35 -2,101.42 -5,898.01 -1,403.58 -2,054.90
Minority Interest 132.83 21.32 298.31 101.53 110.47
Equity In Affiliates -0.51 -17.55 -0.83 2.25
Net Income Before Extraordinary Items -3,318.03 -2,097.65 -5,600.53 -1,299.81 -1,944.43
Net Income -3,318.03 -2,097.65 -5,600.53 -1,299.81 -1,944.43
Preferred Dividends
Total Adjustments to Net Income
Income Available to Common Excluding Extraordinary Items -3,318.03 -2,097.65 -5,600.53 -1,299.81 -1,944.43
Income Available to Common Stocks Including Extraordinary Items -3,318.03 -2,097.65 -5,600.53 -1,299.81 -1,944.43
Basic Weighted Average Shares 181.76 181.76 181.76 173.61 156.62
Basic EPS Excluding Extraordinary Items -18.25 -11.54 -30.81 -7.49 -12.41
Basic EPS Including Extraordinary Items -18.25 -11.54 -30.81 -7.49 -12.41
Dilution Adjustment
Diluted Net Income -3,318.03 -2,097.65 -5,600.53 -1,299.81 -1,944.43
Diluted Weighted Average Shares 181.76 181.76 181.76 173.61 156.62
Diluted EPS Excluding Extraordinary Items -18.25 -11.54 -30.81 -7.49 -12.41
Diluted EPS Including Extraordinary Items -18.25 -11.54 -30.81 -7.49 -12.41
DPS - Common Stock Primary Issue
Dividend per Share – Common Stock Issue 2 -- -- -- --
Gross Dividends - Common Stock -- -- -- -- --
Total Special Items 2.04M 1.42M 2.64M -- --
Normalized Income Before Taxes -1,407.93 -668.13 -2,530.02 -1,313.86 -2,023.87
Effect of Special Items on Income Taxes 714.77 497.14 922.88 -- --
Income Taxes Excluding Impact of Special Items 714.99 510.03 1.65M 89.72 31.03
Normalized Income After Taxes -2,122.92 -1,178.16 -4,184.09 -1,403.58 -2,054.90
Normalized Income Available to Common -1,990.60 -1,174.40 -3,886.61 -1,299.81 -1,944.43
Basic Normalized EPS -10.95 -6.46 -21.38 -7.49 -12.41
Diluted Normalized EPS -10.95 -6.46 -21.38 -7.49 -12.41
Amortization of Intangibles, Supplemental 0.25 0.25 0.25 0.33 3.88
Depreciation, Supplemental 495.58 896.44 1.19M 1.41M 1.29M
Interest Expense, Supplemental 663.72 663.22 977.18 1.02M 917.50
Interest Capitalized, Supplemental -- -0.88 -37.45 -8.62 -54.00
Stock-Based Compensation, Supplemental 1.07 1.48 11.95 34.93 15.89
Equity in Affiliates, Supplemental -0.51 -17.55 -0.83 2.25 1.20
Minority Interest, Supplemental 132.83 21.32 298.31 101.53 110.47
Research & Development Expense, Supplemental 131.76 135.74 376.48 543.53 260.95
Audit-Related Fees, Supplemental
Audit-Related Fees
Gross Margin 1.89 12.55 5.90 17.31 7.29
Operating Margin -35.19 -20.12 -42.43 -1.66 -8.33
Pretax Margin -41.25 -24.93 -51.85 -10.16 -15.08
Effective Tax Rate
Net Profit Margin -39.67 -25.04 -56.20 -10.05 -14.49
Normalized EBIT -900.67 -264.48 -1,591.23 -215.19 -1,118.38
Normalized EBITDA -404.83 632.22 -405.97 1.19M 180.00
Current Tax - Domestic -0.01 6.66 9.37 22.54 0.08
Current Tax - Foreign -0.28 3.26 14.16 0.39 11.91
Current Tax - Local 0.22 0.33 11.76 67.78 49.66
Current Tax - Total
Current Tax - Total -0.08 10.26 35.29 90.70 61.64
Deferred Tax - Domestic 0.01 2.52 0.20 -2.92 --
Deferred Tax - Foreign 0.29 0.12 -- 9.45 -10.94
Deferred Tax - Local -- -- 695.70 -7.50 -19.68
Deferred Tax - Total
Deferred Tax - Total 0.30 2.64 695.91 -0.98 -30.62
Other Tax
Income Tax - Total 0.22 12.90 731.19 89.72 31.03
Defined Contribution Expense - Domestic 135.38 193.11 229.45 263.10
Total Pension Expense 135.38 193.11 229.45 263.10

In millions of USD (except for per share items)

For a more complete picture of our financial results, please review our SEC Filings

Copyright Thomson Reuters Corporation