ARLP FY 2015 Earnings Report — Alliance Resource Partners, L.P. Revenue & Financial Results | Market Cap Arena

Alliance Resource Partners, L.P.ARLP

FY 2015 Earnings

Reported February 26, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2015	Prior Q	FY 2014	QoQ Change	YoY Change
Revenue	$2.3B	—	$2.3B	—	-1.2%
Op. Income	$462M	—	$544M	—	-15.2%
Gross Margin	23.3%	—	26.8%	—	-3.5pp
Net Margin	6.9%	—	15.4%	—	-8.5pp
EPS (Diluted)	$2.11	—	$4.77	—	-55.8%
Free Cash Flow	$501M	—	$430M	—	16.5%

Revenue Flow

Item	Amount
REVENUE	$2.3B
Cost of Revenue	$1.7B
GROSS PROFIT	$529M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$67M
SG&A Expenses	$67M
Other Expenses	$0
Operating Expenses	$67M
Cost & Expenses	$1.8B
OPERATING INCOME	$462M
Interest Income	$1M
Interest Expense	$31M
Other Income/Expenses	-$155M
INCOME BEFORE TAX	$306M
Income Tax Expense	$21.0K
Net Income from Continuing Ops	$306M
Net Income from Discontinued Ops	$0
Other Adjustments	-$3M
NET INCOME	$156M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$156M
D&A	$334M
EBIT	$337M
EBITDA	$671M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$2.3B
Cost of Revenue	$1.7B
GROSS PROFIT	$529M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$67M
SG&A Expenses	$67M
Other Expenses	$0
Operating Expenses	$67M
Cost & Expenses	$1.8B
OPERATING INCOME	$462M
Interest Income	$1M
Interest Expense	$31M
Other Income/Expenses	-$155M
INCOME BEFORE TAX	$306M
Income Tax Expense	$21.0K
Net Income from Continuing Ops	$306M
Net Income from Discontinued Ops	$0
Other Adjustments	-$3M
NET INCOME	$156M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$156M
D&A	$334M
EBIT	$337M
EBITDA	$671M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$156M
Depreciation & Amortization	$334M
Stock-Based Compensation	$0
Deferred Income Tax	$2M
Other Non-Cash Items	$301M
Change in Working Capital	-$76M
OPERATING CASH FLOW	$716M
Capital Expenditure	-$216M
Acquisitions (Net)	-$69M
Purchases of Investments	-$72M
Sales/Maturities of Investments	$0
Other Investing Activities	$5M
NET CASH FROM INVESTING	-$352M
Net Debt Issuance	$286.0K
Common Stock Repurchased	$0
Common Dividends Paid	-$347M
Other Financing Activities	-$9M
NET CASH FROM FINANCING	-$355M
FREE CASH FLOW	$501M
Net Change in Cash	$9M

Balance Sheet

Item	Amount
Cash & Equivalents	$33M
Short-Term Investments	$0
Net Receivables	$124M
Inventory	$121M
Other Current Assets	$30M
TOTAL CURRENT ASSETS	$315M
PP&E (Net)	$1.8B
Goodwill	$136M
Intangible Assets	$0
Long-Term Investments	$65M
Tax Assets	$0
Other Non-Current Assets	$45M
TOTAL NON-CURRENT ASSETS	$2.0B
TOTAL ASSETS	$2.4B
Account Payables	$84M
Short-Term Debt	$259M
Deferred Revenue	$0
Other Current Liabilities	$44M
TOTAL CURRENT LIABILITIES	$423M
Long-Term Debt	$578M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$290M
TOTAL NON-CURRENT LIABILITIES	$949M
TOTAL LIABILITIES	$1.4B
Common Stock	$1.3B
Additional Paid-In Capital	$0
Retained Earnings	$0
Treasury Stock	$0
Accum. Other Comp. Income	-$35M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$987M
Minority Interest	$3M
TOTAL EQUITY	$989M
TOTAL LIABILITIES & EQUITY	$2.4B
Total Debt	$919M
Net Debt	$886M