BHP Q2 2017 Earnings Report — BHP Group Limited Revenue & Financial Results | Market Cap Arena

BHP Group LimitedBHP

Q2 2017 Earnings

Reported December 30, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q2 2017	Q1 2017	Q2 2016	QoQ Change	YoY Change
Revenue	$19.3B	—	$16.0B	—	20.9%
Op. Income	$6.1B	—	-$7.0B	—	186.2%
Gross Margin	31.7%	—	7.6%	—	24.1pp
Net Margin	16.6%	—	-35.5%	—	52.1pp
EPS (Diluted)	$1.20	—	$-2.14	—	156.1%
Free Cash Flow	$5.0B	—	$892M	—	457.2%

Revenue Flow

Item	Amount
REVENUE	$19.3B
Cost of Revenue	$13.2B
GROSS PROFIT	$6.1B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$60M
Operating Expenses	$60M
Cost & Expenses	$13.2B
OPERATING INCOME	$6.1B
Interest Income	$62M
Interest Expense	$589M
Other Income/Expenses	-$577M
INCOME BEFORE TAX	$5.5B
Income Tax Expense	$2.0B
Net Income from Continuing Ops	$3.5B
Net Income from Discontinued Ops	$0
Other Adjustments	$138M
NET INCOME	$3.2B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$3.2B
D&A	$3.8B
EBIT	$5.9B
EBITDA	$9.7B
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$19.3B
Cost of Revenue	$13.2B
GROSS PROFIT	$6.1B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$60M
Operating Expenses	$60M
Cost & Expenses	$13.2B
OPERATING INCOME	$6.1B
Interest Income	$62M
Interest Expense	$589M
Other Income/Expenses	-$577M
INCOME BEFORE TAX	$5.5B
Income Tax Expense	$2.0B
Net Income from Continuing Ops	$3.5B
Net Income from Discontinued Ops	$0
Other Adjustments	$138M
NET INCOME	$3.2B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$3.2B
D&A	$3.8B
EBIT	$5.9B
EBITDA	$9.7B
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$3.2B
Depreciation & Amortization	$3.8B
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	$1.9B
Change in Working Capital	-$1.3B
OPERATING CASH FLOW	$7.7B
Capital Expenditure	-$2.7B
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$805M
NET CASH FROM INVESTING	-$1.9B
Net Debt Issuance	$0
Common Stock Repurchased	-$68M
Common Dividends Paid	-$374M
Other Financing Activities	-$280M
NET CASH FROM FINANCING	-$2.1B
FREE CASH FLOW	$5.0B
Net Change in Cash	$3.7B

Balance Sheet

Item	Amount
Cash & Equivalents	$14.0B
Short-Term Investments	$103M
Net Receivables	$3.8B
Inventory	$3.5B
Other Current Assets	$355M
TOTAL CURRENT ASSETS	$21.5B
PP&E (Net)	$82.2B
Goodwill	$0
Intangible Assets	$4.0B
Long-Term Investments	$3.5B
Tax Assets	$6.2B
Other Non-Current Assets	$2.2B
TOTAL NON-CURRENT ASSETS	$98.0B
TOTAL ASSETS	$119.5B
Account Payables	$5.1B
Short-Term Debt	$3.7B
Deferred Revenue	$153M
Other Current Liabilities	$3.2B
TOTAL CURRENT LIABILITIES	$12.0B
Long-Term Debt	$32.5B
Deferred Revenue NC	$210M
Deferred Tax Liabilities	$4.3B
Other Non-Current Liabilities	$12.6B
TOTAL NON-CURRENT LIABILITIES	$45.1B
TOTAL LIABILITIES	$57.1B
Common Stock	$2.2B
Additional Paid-In Capital	$0
Retained Earnings	$52.0B
Treasury Stock	-$11M
Accum. Other Comp. Income	$2.4B
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$56.6B
Minority Interest	$5.8B
TOTAL EQUITY	$62.4B
TOTAL LIABILITIES & EQUITY	$119.5B
Total Debt	$34.0B
Net Debt	$20.1B