LYB FY 2011 Earnings Report — LyondellBasell Industries N.V. Revenue & Financial Results | Market Cap Arena

LyondellBasell Industries N.V.LYB

FY 2011 Earnings

Reported February 29, 2012

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2011	Prior Q	FY 2010	QoQ Change	YoY Change
Revenue	$48.2B	—	—	—	—
Op. Income	$4.3B	—	—	—	—
Gross Margin	11.3%	—	—	—	—
Net Margin	4.5%	—	—	—	—
EPS (Diluted)	$3.74	—	—	—	—
Free Cash Flow	$1.8B	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$48.2B
Cost of Revenue	$42.7B
GROSS PROFIT	$5.5B
R&D Expenses	$196M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$918M
Other Expenses	$0
Operating Expenses	$1.1B
Cost & Expenses	$43.8B
OPERATING INCOME	$4.3B
Interest Income	$37M
Interest Expense	$1.0B
Other Income/Expenses	-$806M
INCOME BEFORE TAX	$3.5B
Income Tax Expense	$1.1B
Net Income from Continuing Ops	$2.5B
Net Income from Discontinued Ops	-$332M
Other Adjustments	$0
NET INCOME	$2.1B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$2.1B
D&A	$931M
EBIT	$4.6B
EBITDA	$5.5B
EPS	$4
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$48.2B
Cost of Revenue	$42.7B
GROSS PROFIT	$5.5B
R&D Expenses	$196M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$918M
Other Expenses	$0
Operating Expenses	$1.1B
Cost & Expenses	$43.8B
OPERATING INCOME	$4.3B
Interest Income	$37M
Interest Expense	$1.0B
Other Income/Expenses	-$806M
INCOME BEFORE TAX	$3.5B
Income Tax Expense	$1.1B
Net Income from Continuing Ops	$2.5B
Net Income from Discontinued Ops	-$332M
Other Adjustments	$0
NET INCOME	$2.1B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$2.1B
D&A	$931M
EBIT	$4.6B
EBITDA	$5.5B
EPS	$4
EPS Diluted	$4

Cash Flow Statement

Item	Amount
Net Income	$2.1B
Depreciation & Amortization	$931M
Stock-Based Compensation	$0
Deferred Income Tax	$452M
Other Non-Cash Items	$21M
Change in Working Capital	-$675M
OPERATING CASH FLOW	$2.9B
Capital Expenditure	-$1.1B
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$29M
NET CASH FROM INVESTING	-$1.0B
Net Debt Issuance	-$2.1B
Common Stock Repurchased	$0
Common Dividends Paid	-$2.9B
Other Financing Activities	$27M
NET CASH FROM FINANCING	-$5.0B
FREE CASH FLOW	$1.8B
Net Change in Cash	-$3.2B

Balance Sheet

Item	Amount
Cash & Equivalents	$1.1B
Short-Term Investments	$0
Net Receivables	$4.5B
Inventory	$5.5B
Other Current Assets	$198M
TOTAL CURRENT ASSETS	$11.4B
PP&E (Net)	$7.3B
Goodwill	$585M
Intangible Assets	$1.2B
Long-Term Investments	$2.0B
Tax Assets	$20M
Other Non-Current Assets	$246M
TOTAL NON-CURRENT ASSETS	$11.4B
TOTAL ASSETS	$22.8B
Account Payables	$2.6B
Short-Term Debt	$52M
Deferred Revenue	$41M
Other Current Liabilities	$459M
TOTAL CURRENT LIABILITIES	$5.0B
Long-Term Debt	$4.0B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$917M
Other Non-Current Liabilities	$2.3B
TOTAL NON-CURRENT LIABILITIES	$7.2B
TOTAL LIABILITIES	$12.2B
Common Stock	$31M
Additional Paid-In Capital	$10.3B
Retained Earnings	$841M
Treasury Stock	-$124M
Accum. Other Comp. Income	-$427M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$10.6B
Minority Interest	$54M
TOTAL EQUITY	$10.6B
TOTAL LIABILITIES & EQUITY	$22.8B
Total Debt	$4.0B
Net Debt	$3.0B