APC FY 2016 Earnings Report — ARKO Petroleum Corp. Class A Common Stock Revenue & Financial Results | Market Cap Arena

ARKO Petroleum Corp. Class A Common StockAPC

FY 2016 Earnings

Reported February 17, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2016	Prior Q	FY 2015	QoQ Change	YoY Change
Revenue	$7.9B	—	$8.7B	—	-9.5%
Op. Income	-$2.6B	—	-$8.8B	—	70.5%
Gross Margin	100.0%	—	100.0%	—	0.0pp
Net Margin	-39.0%	—	-76.9%	—	37.9pp
EPS (Diluted)	$-5.88	—	$-13.17	—	55.4%
Free Cash Flow	-$505M	—	-$7.9B	—	93.6%

Income Statement

Item	Amount
REVENUE	$7.9B
Cost of Revenue	$0
GROSS PROFIT	$7.9B
R&D Expenses	$946M
Selling & Marketing	$1.3B
General & Administrative	$146M
SG&A Expenses	$1.4B
Other Expenses	$1.8B
Operating Expenses	$4.2B
Cost & Expenses	$10.5B
OPERATING INCOME	-$2.6B
Interest Income	$0
Interest Expense	$890M
Other Income/Expenses	-$1.2B
INCOME BEFORE TAX	-$3.8B
Income Tax Expense	-$1.0B
Net Income from Continuing Ops	-$3.1B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	-$3.1B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	-$3.1B
D&A	$4.3B
EBIT	-$2.9B
EBITDA	$1.1B
EPS	-$6
EPS Diluted	-$6

Cash Flow Statement

Item	Amount
Net Income	-$3.1B
Depreciation & Amortization	$4.3B
Stock-Based Compensation	$235M
Deferred Income Tax	$1.3B
Other Non-Cash Items	-$1.9B
Change in Working Capital	$2.1B
OPERATING CASH FLOW	$3.0B
Capital Expenditure	-$3.5B
Acquisitions (Net)	-$1.7B
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$2.5B
NET CASH FROM INVESTING	-$2.8B
Net Debt Issuance	$0
Common Stock Repurchased	-$3.2B
Common Dividends Paid	-$105M
Other Financing Activities	$2.1B
NET CASH FROM FINANCING	$2.0B
FREE CASH FLOW	-$505M
Net Change in Cash	$2.2B

Balance Sheet

Item	Amount
Cash & Equivalents	$3.2B
Short-Term Investments	$0
Net Receivables	$1.0B
Inventory	$0
Other Current Assets	$1.1B
TOTAL CURRENT ASSETS	$5.3B
PP&E (Net)	$32.2B
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$0
Tax Assets	$2.3B
Other Non-Current Assets	$5.8B
TOTAL NON-CURRENT ASSETS	$40.3B
TOTAL ASSETS	$45.6B
Account Payables	$2.3B
Short-Term Debt	$42M
Deferred Revenue	$4.3B
Other Current Liabilities	-$3.3B
TOTAL CURRENT LIABILITIES	$3.3B
Long-Term Debt	$15.3B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$4.3B
Other Non-Current Liabilities	$4.3B
TOTAL NON-CURRENT LIABILITIES	$23.9B
TOTAL LIABILITIES	$33.4B
Common Stock	$57M
Additional Paid-In Capital	$0
Retained Earnings	$1.7B
Treasury Stock	$0
Accum. Other Comp. Income	-$391M
Other Equity	$10.8B
TOTAL STOCKHOLDERS' EQUITY	$12.2B
Minority Interest	$0
TOTAL EQUITY	$12.2B
TOTAL LIABILITIES & EQUITY	$45.6B
Total Debt	$15.3B
Net Debt	$12.1B