BG FY 2014 Earnings Report — Bunge Global S.A. Revenue & Financial Results | Market Cap Arena

Bunge Global S.A.BG

FY 2014 Earnings

Reported March 2, 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	$57.2B	—	—	—	—
Op. Income	$930M	—	—	—	—
Gross Margin	4.6%	—	—	—	—
Net Margin	0.9%	—	—	—	—
EPS (Diluted)	$4.15	—	—	—	—
Free Cash Flow	$560M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$57.2B
Cost of Revenue	$54.5B
GROSS PROFIT	$2.6B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$1.7B
Other Expenses	$0
Operating Expenses	$1.7B
Cost & Expenses	$56.2B
OPERATING INCOME	$930M
Interest Income	$87M
Interest Expense	$347M
Other Income/Expenses	-$196M
INCOME BEFORE TAX	$734M
Income Tax Expense	$249M
Net Income from Continuing Ops	$485M
Net Income from Discontinued Ops	$32M
Other Adjustments	$0
NET INCOME	$515M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$467M
D&A	$607M
EBIT	$1.1B
EBITDA	$1.7B
EPS	$4
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$57.2B
Cost of Revenue	$54.5B
GROSS PROFIT	$2.6B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$1.7B
Other Expenses	$0
Operating Expenses	$1.7B
Cost & Expenses	$56.2B
OPERATING INCOME	$930M
Interest Income	$87M
Interest Expense	$347M
Other Income/Expenses	-$196M
INCOME BEFORE TAX	$734M
Income Tax Expense	$249M
Net Income from Continuing Ops	$485M
Net Income from Discontinued Ops	$32M
Other Adjustments	$0
NET INCOME	$515M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$467M
D&A	$607M
EBIT	$1.1B
EBITDA	$1.7B
EPS	$4
EPS Diluted	$4

Cash Flow Statement

Item	Amount
Net Income	$517M
Depreciation & Amortization	$607M
Stock-Based Compensation	$49M
Deferred Income Tax	-$45M
Other Non-Cash Items	-$131M
Change in Working Capital	$447M
OPERATING CASH FLOW	$1.4B
Capital Expenditure	-$839M
Acquisitions (Net)	-$96M
Purchases of Investments	-$196M
Sales/Maturities of Investments	$282M
Other Investing Activities	$164M
NET CASH FROM INVESTING	-$685M
Net Debt Issuance	-$591M
Common Stock Repurchased	-$300M
Common Dividends Paid	-$187M
Other Financing Activities	-$20M
NET CASH FROM FINANCING	-$1.1B
FREE CASH FLOW	$560M
Net Change in Cash	-$380M

Balance Sheet

Item	Amount
Cash & Equivalents	$362M
Short-Term Investments	$1.6B
Net Receivables	$2.2B
Inventory	$5.6B
Other Current Assets	$2.5B
TOTAL CURRENT ASSETS	$13.1B
PP&E (Net)	$5.1B
Goodwill	$349M
Intangible Assets	$256M
Long-Term Investments	$557M
Tax Assets	$565M
Other Non-Current Assets	$1.6B
TOTAL NON-CURRENT ASSETS	$8.4B
TOTAL ASSETS	$21.4B
Account Payables	$3.2B
Short-Term Debt	$2.3B
Deferred Revenue	$392M
Other Current Liabilities	$1.9B
TOTAL CURRENT LIABILITIES	$8.7B
Long-Term Debt	$2.9B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$177M
Other Non-Current Liabilities	$969M
TOTAL NON-CURRENT LIABILITIES	$4.0B
TOTAL LIABILITIES	$12.7B
Common Stock	$1M
Additional Paid-In Capital	$5.1B
Retained Earnings	$7.2B
Treasury Stock	-$420M
Accum. Other Comp. Income	-$4.1B
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$8.4B
Minority Interest	$281M
TOTAL EQUITY	$8.7B
TOTAL LIABILITIES & EQUITY	$21.4B
Total Debt	$5.2B
Net Debt	$4.8B