CCU Q1 2016 Earnings Report — Compañía Cervecerías Unidas S.A. Revenue & Financial Results | Market Cap Arena

Compañía Cervecerías Unidas S.A.CCU

Q1 2016 Earnings

Reported March 31, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q1 2016	Q4 2015	Q1 2015	QoQ Change	YoY Change
Revenue	$462M	—	—	—	—
Op. Income	$82M	—	—	—	—
Gross Margin	55.7%	—	—	—	—
Net Margin	10.8%	—	—	—	—
EPS (Diluted)	$0.27	—	—	—	—
Free Cash Flow	$74M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$462M
Cost of Revenue	$204M
GROSS PROFIT	$257M
R&D Expenses	$0
Selling & Marketing	$83M
General & Administrative	$39M
SG&A Expenses	$176M
Other Expenses	$0
Operating Expenses	$175M
Cost & Expenses	$379M
OPERATING INCOME	$82M
Interest Income	$0
Interest Expense	$3M
Other Income/Expenses	-$14M
INCOME BEFORE TAX	$69M
Income Tax Expense	$13M
Net Income from Continuing Ops	$56M
Net Income from Discontinued Ops	$0
Other Adjustments	-$144
NET INCOME	$50M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$50M
D&A	-$9M
EBIT	$82M
EBITDA	$73M
EPS	$0
EPS Diluted	$0

Income Statement

Item	Amount
REVENUE	$462M
Cost of Revenue	$204M
GROSS PROFIT	$257M
R&D Expenses	$0
Selling & Marketing	$83M
General & Administrative	$39M
SG&A Expenses	$176M
Other Expenses	$0
Operating Expenses	$175M
Cost & Expenses	$379M
OPERATING INCOME	$82M
Interest Income	$0
Interest Expense	$3M
Other Income/Expenses	-$14M
INCOME BEFORE TAX	$69M
Income Tax Expense	$13M
Net Income from Continuing Ops	$56M
Net Income from Discontinued Ops	$0
Other Adjustments	-$144
NET INCOME	$50M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$50M
D&A	-$9M
EBIT	$82M
EBITDA	$73M
EPS	$0
EPS Diluted	$0

Cash Flow Statement

Item	Amount
Net Income	$50M
Depreciation & Amortization	$21M
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	$29M
Change in Working Capital	$0
OPERATING CASH FLOW	$100M
Capital Expenditure	-$26M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$2M
NET CASH FROM INVESTING	-$24M
Net Debt Issuance	-$2M
Common Stock Repurchased	$0
Common Dividends Paid	-$26M
Other Financing Activities	-$13M
NET CASH FROM FINANCING	-$41M
FREE CASH FLOW	$74M
Net Change in Cash	$36M

Balance Sheet

Item	Amount
Cash & Equivalents	$251M
Short-Term Investments	$0
Net Receivables	$245M
Inventory	$202M
Other Current Assets	$251M
TOTAL CURRENT ASSETS	$747M
PP&E (Net)	$965M
Goodwill	$90M
Intangible Assets	$70M
Long-Term Investments	$57M
Tax Assets	-$217M
Other Non-Current Assets	$296M
TOTAL NON-CURRENT ASSETS	$1.3B
TOTAL ASSETS	$2.0B
Account Payables	$251M
Short-Term Debt	$57M
Deferred Revenue	-$251M
Other Current Liabilities	$120M
TOTAL CURRENT LIABILITIES	$429M
Long-Term Debt	$148M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$102M
TOTAL NON-CURRENT LIABILITIES	$270M
TOTAL LIABILITIES	$699M
Common Stock	$627M
Additional Paid-In Capital	$0
Retained Earnings	$692M
Treasury Stock	$0
Accum. Other Comp. Income	-$143M
Other Equity	$1.1K
TOTAL STOCKHOLDERS' EQUITY	$1.2B
Minority Interest	$134M
TOTAL EQUITY	$1.3B
TOTAL LIABILITIES & EQUITY	$2.0B
Total Debt	$206M
Net Debt	-$45M