BG FY 2007 Earnings Report — Bunge Global S.A. Revenue & Financial Results | Market Cap Arena

Bunge Global S.A.BG

FY 2007 Earnings

Reported March 3, 2008

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2007	Prior Q	FY 2006	QoQ Change	YoY Change
Revenue	$37.8B	—	$26.3B	—	44.0%
Op. Income	$1.2B	—	$593M	—	94.9%
Gross Margin	6.6%	—	6.0%	—	0.7pp
Net Margin	2.1%	—	2.0%	—	0.1pp
EPS (Diluted)	$5.95	—	$4.28	—	39.0%
Free Cash Flow	-$1.1B	—	-$792M	—	-35.0%

Revenue Flow

Item	Amount
REVENUE	$37.8B
Cost of Revenue	$35.3B
GROSS PROFIT	$2.5B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$1.4B
Other Expenses	$0
Operating Expenses	$1.4B
Cost & Expenses	$36.7B
OPERATING INCOME	$1.2B
Interest Income	$166M
Interest Expense	$353M
Other Income/Expenses	$45M
INCOME BEFORE TAX	$1.2B
Income Tax Expense	$310M
Net Income from Continuing Ops	$891M
Net Income from Discontinued Ops	$0
Other Adjustments	$33M
NET INCOME	$778M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$738M
D&A	$385M
EBIT	$1.6B
EBITDA	$1.9B
EPS	$6
EPS Diluted	$6

Income Statement

Item	Amount
REVENUE	$37.8B
Cost of Revenue	$35.3B
GROSS PROFIT	$2.5B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$1.4B
Other Expenses	$0
Operating Expenses	$1.4B
Cost & Expenses	$36.7B
OPERATING INCOME	$1.2B
Interest Income	$166M
Interest Expense	$353M
Other Income/Expenses	$45M
INCOME BEFORE TAX	$1.2B
Income Tax Expense	$310M
Net Income from Continuing Ops	$891M
Net Income from Discontinued Ops	$0
Other Adjustments	$33M
NET INCOME	$778M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$738M
D&A	$385M
EBIT	$1.6B
EBITDA	$1.9B
EPS	$6
EPS Diluted	$6

Cash Flow Statement

Item	Amount
Net Income	$778M
Depreciation & Amortization	$385M
Stock-Based Compensation	$48M
Deferred Income Tax	-$62M
Other Non-Cash Items	$3M
Change in Working Capital	-$1.6B
OPERATING CASH FLOW	-$411M
Capital Expenditure	-$658M
Acquisitions (Net)	-$192M
Purchases of Investments	-$39M
Sales/Maturities of Investments	$23M
Other Investing Activities	$72M
NET CASH FROM INVESTING	-$794M
Net Debt Issuance	$922M
Common Stock Repurchased	$0
Common Dividends Paid	-$80M
Other Financing Activities	$95M
NET CASH FROM FINANCING	$1.8B
FREE CASH FLOW	-$1.1B
Net Change in Cash	$616M

Balance Sheet

Item	Amount
Cash & Equivalents	$981M
Short-Term Investments	$0
Net Receivables	$2.9B
Inventory	$5.9B
Other Current Assets	$4.3B
TOTAL CURRENT ASSETS	$14.5B
PP&E (Net)	$4.2B
Goodwill	$354M
Intangible Assets	$139M
Long-Term Investments	$706M
Tax Assets	$903M
Other Non-Current Assets	$1.2B
TOTAL NON-CURRENT ASSETS	$7.5B
TOTAL ASSETS	$22.0B
Account Payables	$4.1B
Short-Term Debt	$1.1B
Deferred Revenue	$0
Other Current Liabilities	$2.6B
TOTAL CURRENT LIABILITIES	$8.8B
Long-Term Debt	$3.4B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$149M
Other Non-Current Liabilities	$1.6B
TOTAL NON-CURRENT LIABILITIES	$5.2B
TOTAL LIABILITIES	$14.0B
Common Stock	$1M
Additional Paid-In Capital	$2.8B
Retained Earnings	$3.0B
Treasury Stock	$0
Accum. Other Comp. Income	$669M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$7.9B
Minority Interest	$752M
TOTAL EQUITY	$7.9B
TOTAL LIABILITIES & EQUITY	$22.0B
Total Debt	$4.5B
Net Debt	$3.6B