BG FY 2015 Earnings Report — Bunge Global S.A. Revenue & Financial Results | Market Cap Arena

Bunge Global S.A.BG

FY 2015 Earnings

Reported February 25, 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	$43.5B	—	$57.2B	—	-24.0%
Op. Income	$1.3B	—	$930M	—	35.3%
Gross Margin	6.2%	—	4.6%	—	1.6pp
Net Margin	1.8%	—	0.9%	—	0.9pp
EPS (Diluted)	$5.07	—	$4.15	—	22.2%
Free Cash Flow	-$39M	—	$560M	—	-107.0%

Revenue Flow

Item	Amount
REVENUE	$43.5B
Cost of Revenue	$40.8B
GROSS PROFIT	$2.7B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$1.4B
Other Expenses	$0
Operating Expenses	$1.4B
Cost & Expenses	$42.2B
OPERATING INCOME	$1.3B
Interest Income	$43M
Interest Expense	$258M
Other Income/Expenses	-$207M
INCOME BEFORE TAX	$1.1B
Income Tax Expense	$296M
Net Income from Continuing Ops	$755M
Net Income from Discontinued Ops	$35M
Other Adjustments	$0
NET INCOME	$791M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$738M
D&A	$545M
EBIT	$1.3B
EBITDA	$1.9B
EPS	$5
EPS Diluted	$5

Income Statement

Item	Amount
REVENUE	$43.5B
Cost of Revenue	$40.8B
GROSS PROFIT	$2.7B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$1.4B
Other Expenses	$0
Operating Expenses	$1.4B
Cost & Expenses	$42.2B
OPERATING INCOME	$1.3B
Interest Income	$43M
Interest Expense	$258M
Other Income/Expenses	-$207M
INCOME BEFORE TAX	$1.1B
Income Tax Expense	$296M
Net Income from Continuing Ops	$755M
Net Income from Discontinued Ops	$35M
Other Adjustments	$0
NET INCOME	$791M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$738M
D&A	$545M
EBIT	$1.3B
EBITDA	$1.9B
EPS	$5
EPS Diluted	$5

Cash Flow Statement

Item	Amount
Net Income	$790M
Depreciation & Amortization	$545M
Stock-Based Compensation	$46M
Deferred Income Tax	$16M
Other Non-Cash Items	-$194M
Change in Working Capital	-$593M
OPERATING CASH FLOW	$610M
Capital Expenditure	-$649M
Acquisitions (Net)	-$426M
Purchases of Investments	-$235M
Sales/Maturities of Investments	$498M
Other Investing Activities	$10M
NET CASH FROM INVESTING	-$802M
Net Debt Issuance	$882M
Common Stock Repurchased	-$300M
Common Dividends Paid	-$207M
Other Financing Activities	$19M
NET CASH FROM FINANCING	$360M
FREE CASH FLOW	-$39M
Net Change in Cash	$49M

Balance Sheet

Item	Amount
Cash & Equivalents	$411M
Short-Term Investments	$559M
Net Receivables	$2.0B
Inventory	$4.5B
Other Current Assets	$2.6B
TOTAL CURRENT ASSETS	$10.9B
PP&E (Net)	$4.3B
Goodwill	$418M
Intangible Assets	$326M
Long-Term Investments	$378M
Tax Assets	$417M
Other Non-Current Assets	$1.2B
TOTAL NON-CURRENT ASSETS	$7.0B
TOTAL ASSETS	$17.9B
Account Payables	$2.7B
Short-Term Debt	$1.8B
Deferred Revenue	$371M
Other Current Liabilities	$1.8B
TOTAL CURRENT LIABILITIES	$7.3B
Long-Term Debt	$2.9B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$209M
Other Non-Current Liabilities	$787M
TOTAL NON-CURRENT LIABILITIES	$3.9B
TOTAL LIABILITIES	$11.3B
Common Stock	$1M
Additional Paid-In Capital	$5.1B
Retained Earnings	$7.7B
Treasury Stock	-$720M
Accum. Other Comp. Income	-$6.4B
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$6.4B
Minority Interest	$211M
TOTAL EQUITY	$6.7B
TOTAL LIABILITIES & EQUITY	$17.9B
Total Debt	$4.8B
Net Debt	$4.4B