ARLP FY 2014 Earnings Report — Alliance Resource Partners, L.P. Revenue & Financial Results | Market Cap Arena

Alliance Resource Partners, L.P.ARLP

FY 2014 Earnings

Reported February 27, 2015

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2014	Prior Q	FY 2013	QoQ Change	YoY Change
Revenue	$2.3B	—	$2.2B	—	4.3%
Op. Income	$544M	—	$444M	—	22.7%
Gross Margin	26.8%	—	23.0%	—	3.8pp
Net Margin	15.4%	—	12.2%	—	3.2pp
EPS (Diluted)	$4.77	—	$3.63	—	31.4%
Free Cash Flow	$430M	—	$372M	—	15.3%

Revenue Flow

Item	Amount
REVENUE	$2.3B
Cost of Revenue	$1.7B
GROSS PROFIT	$617M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$73M
SG&A Expenses	$73M
Other Expenses	$0
Operating Expenses	$73M
Cost & Expenses	$1.8B
OPERATING INCOME	$544M
Interest Income	$2M
Interest Expense	$34M
Other Income/Expenses	-$47M
INCOME BEFORE TAX	$497M
Income Tax Expense	-$16.0K
Net Income from Continuing Ops	$497M
Net Income from Discontinued Ops	$0
Other Adjustments	-$6M
NET INCOME	$353M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$353M
D&A	$275M
EBIT	$531M
EBITDA	$805M
EPS	$5
EPS Diluted	$5

Income Statement

Item	Amount
REVENUE	$2.3B
Cost of Revenue	$1.7B
GROSS PROFIT	$617M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$73M
SG&A Expenses	$73M
Other Expenses	$0
Operating Expenses	$73M
Cost & Expenses	$1.8B
OPERATING INCOME	$544M
Interest Income	$2M
Interest Expense	$34M
Other Income/Expenses	-$47M
INCOME BEFORE TAX	$497M
Income Tax Expense	-$16.0K
Net Income from Continuing Ops	$497M
Net Income from Discontinued Ops	$0
Other Adjustments	-$6M
NET INCOME	$353M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$353M
D&A	$275M
EBIT	$531M
EBITDA	$805M
EPS	$5
EPS Diluted	$5

Cash Flow Statement

Item	Amount
Net Income	$353M
Depreciation & Amortization	$275M
Stock-Based Compensation	$0
Deferred Income Tax	$2M
Other Non-Cash Items	$165M
Change in Working Capital	-$56M
OPERATING CASH FLOW	$739M
Capital Expenditure	-$310M
Acquisitions (Net)	$381.0K
Purchases of Investments	-$111M
Sales/Maturities of Investments	$0
Other Investing Activities	-$9M
NET CASH FROM INVESTING	-$441M
Net Debt Issuance	-$49M
Common Stock Repurchased	$0
Common Dividends Paid	-$318M
Other Financing Activities	-$899.0K
NET CASH FROM FINANCING	-$367M
FREE CASH FLOW	$430M
Net Change in Cash	-$69M

Balance Sheet

Item	Amount
Cash & Equivalents	$25M
Short-Term Investments	$0
Net Receivables	$192M
Inventory	$83M
Other Current Assets	$31M
TOTAL CURRENT ASSETS	$341M
PP&E (Net)	$1.7B
Goodwill	$0
Intangible Assets	$25M
Long-Term Investments	$236M
Tax Assets	$0
Other Non-Current Assets	$19M
TOTAL NON-CURRENT ASSETS	$1.9B
TOTAL ASSETS	$2.3B
Account Payables	$86M
Short-Term Debt	$231M
Deferred Revenue	$0
Other Current Liabilities	$46M
TOTAL CURRENT LIABILITIES	$421M
Long-Term Debt	$591M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$242M
TOTAL NON-CURRENT LIABILITIES	$849M
TOTAL LIABILITIES	$1.3B
Common Stock	$1.3B
Additional Paid-In Capital	$0
Retained Earnings	$0
Treasury Stock	$0
Accum. Other Comp. Income	-$36M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.0B
Minority Interest	$465.0K
TOTAL EQUITY	$1.0B
TOTAL LIABILITIES & EQUITY	$2.3B
Total Debt	$838M
Net Debt	$814M