ITUB Q1 2016 Earnings Report — Itaú Unibanco Holding S.A. Revenue & Financial Results | Market Cap Arena

Itaú Unibanco Holding S.A.ITUB

Q1 2016 Earnings

Reported March 30, 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	$10.4B	—	—	—	—
Op. Income	$2.2B	—	—	—	—
Gross Margin	45.4%	—	—	—	—
Net Margin	11.1%	—	—	—	—
EPS (Diluted)	$0.12	—	—	—	—
Free Cash Flow	$6.7B	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$10.4B
Cost of Revenue	$5.7B
GROSS PROFIT	$4.7B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$1.8B
SG&A Expenses	$1.8B
Other Expenses	$734M
Operating Expenses	$2.6B
Cost & Expenses	$8.2B
OPERATING INCOME	$2.2B
Interest Income	$7.8B
Interest Expense	$4.6B
Other Income/Expenses	$0
INCOME BEFORE TAX	$2.2B
Income Tax Expense	$1.0B
Net Income from Continuing Ops	$1.1B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.2B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.2B
D&A	$147M
EBIT	$2.2B
EBITDA	$2.3B
EPS	$0
EPS Diluted	$0

Income Statement

Item	Amount
REVENUE	$10.4B
Cost of Revenue	$5.7B
GROSS PROFIT	$4.7B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$1.8B
SG&A Expenses	$1.8B
Other Expenses	$734M
Operating Expenses	$2.6B
Cost & Expenses	$8.2B
OPERATING INCOME	$2.2B
Interest Income	$7.8B
Interest Expense	$4.6B
Other Income/Expenses	$0
INCOME BEFORE TAX	$2.2B
Income Tax Expense	$1.0B
Net Income from Continuing Ops	$1.1B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.2B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.2B
D&A	$147M
EBIT	$2.2B
EBITDA	$2.3B
EPS	$0
EPS Diluted	$0

Cash Flow Statement

Item	Amount
Net Income	$1.1B
Depreciation & Amortization	$147M
Stock-Based Compensation	-$58M
Deferred Income Tax	$192M
Other Non-Cash Items	$989M
Change in Working Capital	$4.3B
OPERATING CASH FLOW	$6.8B
Capital Expenditure	-$64M
Acquisitions (Net)	-$144M
Purchases of Investments	-$516M
Sales/Maturities of Investments	$873M
Other Investing Activities	$52M
NET CASH FROM INVESTING	$202M
Net Debt Issuance	-$1.6B
Common Stock Repurchased	-$40M
Common Dividends Paid	-$972M
Other Financing Activities	-$4.7B
NET CASH FROM FINANCING	-$2.5B
FREE CASH FLOW	$6.7B
Net Change in Cash	$5.1B

Balance Sheet

Item	Amount
Cash & Equivalents	$23.1B
Short-Term Investments	$93.7B
Net Receivables	$1.0B
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$118.4B
PP&E (Net)	$1.6B
Goodwill	$538M
Intangible Assets	$1.3B
Long-Term Investments	$115.7B
Tax Assets	$8.8B
Other Non-Current Assets	-$3.9B
TOTAL NON-CURRENT ASSETS	$124.0B
TOTAL ASSETS	$242.4B
Account Payables	$0
Short-Term Debt	$78.0B
Deferred Revenue	$363M
Other Current Liabilities	$53.7B
TOTAL CURRENT LIABILITIES	$132.1B
Long-Term Debt	$30.4B
Deferred Revenue NC	$363M
Deferred Tax Liabilities	$62M
Other Non-Current Liabilities	$56.3B
TOTAL NON-CURRENT LIABILITIES	$87.1B
TOTAL LIABILITIES	$219.3B
Common Stock	$17.2B
Additional Paid-In Capital	$283M
Retained Earnings	$4.5B
Treasury Stock	-$835M
Accum. Other Comp. Income	$1.7B
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$22.8B
Minority Interest	$357M
TOTAL EQUITY	$23.1B
TOTAL LIABILITIES & EQUITY	$242.4B
Total Debt	$108.4B
Net Debt	$85.3B