BG FY 2011 Earnings Report — Bunge Global S.A. Revenue & Financial Results | Market Cap Arena

Bunge Global S.A.BG

FY 2011 Earnings

Reported February 27, 2012

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2011	Prior Q	FY 2010	QoQ Change	YoY Change
Revenue	$56.1B	—	—	—	—
Op. Income	$1.2B	—	—	—	—
Gross Margin	4.7%	—	—	—	—
Net Margin	1.7%	—	—	—	—
EPS (Diluted)	$5.85	—	—	—	—
Free Cash Flow	$1.5B	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$56.1B
Cost of Revenue	$53.5B
GROSS PROFIT	$2.6B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$1.4B
Other Expenses	$0
Operating Expenses	$1.4B
Cost & Expenses	$54.9B
OPERATING INCOME	$1.2B
Interest Income	$96M
Interest Expense	$295M
Other Income/Expenses	-$171M
INCOME BEFORE TAX	$1.0B
Income Tax Expense	$55M
Net Income from Continuing Ops	$965M
Net Income from Discontinued Ops	-$25M
Other Adjustments	$0
NET INCOME	$942M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$908M
D&A	$526M
EBIT	$1.3B
EBITDA	$1.8B
EPS	$6
EPS Diluted	$6

Income Statement

Item	Amount
REVENUE	$56.1B
Cost of Revenue	$53.5B
GROSS PROFIT	$2.6B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$1.4B
Other Expenses	$0
Operating Expenses	$1.4B
Cost & Expenses	$54.9B
OPERATING INCOME	$1.2B
Interest Income	$96M
Interest Expense	$295M
Other Income/Expenses	-$171M
INCOME BEFORE TAX	$1.0B
Income Tax Expense	$55M
Net Income from Continuing Ops	$965M
Net Income from Discontinued Ops	-$25M
Other Adjustments	$0
NET INCOME	$942M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$908M
D&A	$526M
EBIT	$1.3B
EBITDA	$1.8B
EPS	$6
EPS Diluted	$6

Cash Flow Statement

Item	Amount
Net Income	$940M
Depreciation & Amortization	$526M
Stock-Based Compensation	$49M
Deferred Income Tax	-$217M
Other Non-Cash Items	$95M
Change in Working Capital	$1.2B
OPERATING CASH FLOW	$2.6B
Capital Expenditure	-$1.1B
Acquisitions (Net)	-$236M
Purchases of Investments	-$55M
Sales/Maturities of Investments	$95M
Other Investing Activities	$101M
NET CASH FROM INVESTING	-$1.2B
Net Debt Issuance	-$824M
Common Stock Repurchased	-$120M
Common Dividends Paid	-$140M
Other Financing Activities	$35M
NET CASH FROM FINANCING	-$1.1B
FREE CASH FLOW	$1.5B
Net Change in Cash	$257M

Balance Sheet

Item	Amount
Cash & Equivalents	$835M
Short-Term Investments	$2.0B
Net Receivables	$3.0B
Inventory	$5.7B
Other Current Assets	$2.6B
TOTAL CURRENT ASSETS	$15.1B
PP&E (Net)	$5.1B
Goodwill	$893M
Intangible Assets	$220M
Long-Term Investments	$637M
Tax Assets	$1.2B
Other Non-Current Assets	$2.1B
TOTAL NON-CURRENT ASSETS	$10.1B
TOTAL ASSETS	$25.2B
Account Payables	$3.2B
Short-Term Debt	$2.7B
Deferred Revenue	$283M
Other Current Liabilities	$1.6B
TOTAL CURRENT LIABILITIES	$8.9B
Long-Term Debt	$3.3B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$134M
Other Non-Current Liabilities	$771M
TOTAL NON-CURRENT LIABILITIES	$4.3B
TOTAL LIABILITIES	$13.1B
Common Stock	$1M
Additional Paid-In Capital	$4.8B
Retained Earnings	$6.9B
Treasury Stock	-$120M
Accum. Other Comp. Income	-$610M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$11.7B
Minority Interest	$368M
TOTAL EQUITY	$12.1B
TOTAL LIABILITIES & EQUITY	$25.2B
Total Debt	$6.0B
Net Debt	$5.2B