C FY 2016 Earnings Report — Citigroup Inc. Revenue & Financial Results | Market Cap Arena

Citigroup Inc.C

FY 2016 Earnings

Reported February 24, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2016	Prior Q	FY 2015	QoQ Change	YoY Change
Revenue	$83.3B	—	$88.3B	—	-5.6%
Op. Income	$21.5B	—	$24.8B	—	-13.5%
Gross Margin	76.8%	—	78.4%	—	-1.5pp
Net Margin	17.9%	—	19.5%	—	-1.6pp
EPS (Diluted)	$4.74	—	$5.42	—	-12.5%
Free Cash Flow	$51.2B	—	$36.5B	—	40.1%

Revenue Flow

Item	Amount
REVENUE	$83.3B
Cost of Revenue	$19.3B
GROSS PROFIT	$64.0B
R&D Expenses	$0
Selling & Marketing	$1.6B
General & Administrative	$21.2B
SG&A Expenses	$22.8B
Other Expenses	$19.7B
Operating Expenses	$42.5B
Cost & Expenses	$61.8B
OPERATING INCOME	$21.5B
Interest Income	$58.0B
Interest Expense	$12.5B
Other Income/Expenses	$0
INCOME BEFORE TAX	$21.5B
Income Tax Expense	$6.4B
Net Income from Continuing Ops	$15.0B
Net Income from Discontinued Ops	-$58M
Other Adjustments	$0
NET INCOME	$14.9B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$13.6B
D&A	$3.7B
EBIT	$21.5B
EBITDA	$25.2B
EPS	$5
EPS Diluted	$5

Income Statement

Item	Amount
REVENUE	$83.3B
Cost of Revenue	$19.3B
GROSS PROFIT	$64.0B
R&D Expenses	$0
Selling & Marketing	$1.6B
General & Administrative	$21.2B
SG&A Expenses	$22.8B
Other Expenses	$19.7B
Operating Expenses	$42.5B
Cost & Expenses	$61.8B
OPERATING INCOME	$21.5B
Interest Income	$58.0B
Interest Expense	$12.5B
Other Income/Expenses	$0
INCOME BEFORE TAX	$21.5B
Income Tax Expense	$6.4B
Net Income from Continuing Ops	$15.0B
Net Income from Discontinued Ops	-$58M
Other Adjustments	$0
NET INCOME	$14.9B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$13.6B
D&A	$3.7B
EBIT	$21.5B
EBITDA	$25.2B
EPS	$5
EPS Diluted	$5

Cash Flow Statement

Item	Amount
Net Income	$15.0B
Depreciation & Amortization	$3.7B
Stock-Based Compensation	$0
Deferred Income Tax	$1.5B
Other Non-Cash Items	$13.2B
Change in Working Capital	$20.6B
OPERATING CASH FLOW	$53.9B
Capital Expenditure	-$2.8B
Acquisitions (Net)	$265M
Purchases of Investments	-$211.4B
Sales/Maturities of Investments	$197.7B
Other Investing Activities	-$38.0B
NET CASH FROM INVESTING	-$54.1B
Net Debt Issuance	$18.0B
Common Stock Repurchased	-$9.3B
Common Dividends Paid	-$2.3B
Other Financing Activities	$19.4B
NET CASH FROM FINANCING	$28.3B
FREE CASH FLOW	$51.2B
Net Change in Cash	$27.4B

Balance Sheet

Item	Amount
Cash & Equivalents	$160.5B
Short-Term Investments	$291.2B
Net Receivables	$30.7B
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$482.4B
PP&E (Net)	$0
Goodwill	$21.7B
Intangible Assets	$6.7B
Long-Term Investments	$663.5B
Tax Assets	$0
Other Non-Current Assets	$617.8B
TOTAL NON-CURRENT ASSETS	$1.3T
TOTAL ASSETS	$1.8T
Account Payables	$57.2B
Short-Term Debt	$172.5B
Deferred Revenue	$0
Other Current Liabilities	$1.1T
TOTAL CURRENT LIABILITIES	$1.3T
Long-Term Debt	$206.2B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$61.6B
TOTAL NON-CURRENT LIABILITIES	$267.8B
TOTAL LIABILITIES	$1.6T
Common Stock	$31M
Additional Paid-In Capital	$108.0B
Retained Earnings	$146.5B
Treasury Stock	-$16.3B
Accum. Other Comp. Income	-$32.4B
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$225.1B
Minority Interest	$1.0B
TOTAL EQUITY	$226.1B
TOTAL LIABILITIES & EQUITY	$1.8T
Total Debt	$378.7B
Net Debt	$218.2B