ARLP FY 2016 Earnings Report — Alliance Resource Partners, L.P. Revenue & Financial Results | Market Cap Arena

Alliance Resource Partners, L.P.ARLP

FY 2016 Earnings

Reported February 24, 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	$1.9B	—	$2.3B	—	-15.1%
Op. Income	$366M	—	$462M	—	-20.7%
Gross Margin	22.7%	—	23.3%	—	-0.6pp
Net Margin	13.0%	—	6.9%	—	6.2pp
EPS (Diluted)	$3.39	—	$2.11	—	60.7%
Free Cash Flow	$608M	—	$501M	—	21.5%

Revenue Flow

Item	Amount
REVENUE	$1.9B
Cost of Revenue	$1.5B
GROSS PROFIT	$438M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$73M
SG&A Expenses	$73M
Other Expenses	$0
Operating Expenses	$73M
Cost & Expenses	$1.6B
OPERATING INCOME	$366M
Interest Income	$10.0K
Interest Expense	$31M
Other Income/Expenses	-$26M
INCOME BEFORE TAX	$340M
Income Tax Expense	$13.0K
Net Income from Continuing Ops	$340M
Net Income from Discontinued Ops	$0
Other Adjustments	-$7M
NET INCOME	$252M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$252M
D&A	$323M
EBIT	$370M
EBITDA	$693M
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$1.9B
Cost of Revenue	$1.5B
GROSS PROFIT	$438M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$73M
SG&A Expenses	$73M
Other Expenses	$0
Operating Expenses	$73M
Cost & Expenses	$1.6B
OPERATING INCOME	$366M
Interest Income	$10.0K
Interest Expense	$31M
Other Income/Expenses	-$26M
INCOME BEFORE TAX	$340M
Income Tax Expense	$13.0K
Net Income from Continuing Ops	$340M
Net Income from Discontinued Ops	$0
Other Adjustments	-$7M
NET INCOME	$252M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$252M
D&A	$323M
EBIT	$370M
EBITDA	$693M
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$252M
Depreciation & Amortization	$323M
Stock-Based Compensation	$0
Deferred Income Tax	-$1M
Other Non-Cash Items	$105M
Change in Working Capital	$26M
OPERATING CASH FLOW	$704M
Capital Expenditure	-$95M
Acquisitions (Net)	$4M
Purchases of Investments	-$77M
Sales/Maturities of Investments	$0
Other Investing Activities	$3M
NET CASH FROM INVESTING	-$188M
Net Debt Issuance	-$260M
Common Stock Repurchased	$0
Common Dividends Paid	-$248M
Other Financing Activities	-$2M
NET CASH FROM FINANCING	-$509M
FREE CASH FLOW	$608M
Net Change in Cash	$6M

Balance Sheet

Item	Amount
Cash & Equivalents	$40M
Short-Term Investments	$0
Net Receivables	$153M
Inventory	$61M
Other Current Assets	$22M
TOTAL CURRENT ASSETS	$277M
PP&E (Net)	$1.6B
Goodwill	$136M
Intangible Assets	$0
Long-Term Investments	$139M
Tax Assets	$0
Other Non-Current Assets	$55M
TOTAL NON-CURRENT ASSETS	$1.9B
TOTAL ASSETS	$2.2B
Account Payables	$64M
Short-Term Debt	$177M
Deferred Revenue	$0
Other Current Liabilities	$44M
TOTAL CURRENT LIABILITIES	$327M
Long-Term Debt	$399M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$288M
TOTAL NON-CURRENT LIABILITIES	$773M
TOTAL LIABILITIES	$1.1B
Common Stock	$1.4B
Additional Paid-In Capital	$0
Retained Earnings	-$274M
Treasury Stock	$0
Accum. Other Comp. Income	-$39M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.1B
Minority Interest	$6M
TOTAL EQUITY	$1.1B
TOTAL LIABILITIES & EQUITY	$2.2B
Total Debt	$662M
Net Debt	$622M