LYB FY 2015 Earnings Report — LyondellBasell Industries N.V. Revenue & Financial Results | Market Cap Arena

LyondellBasell Industries N.V.LYB

FY 2015 Earnings

Reported February 16, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2015	Prior Q	FY 2014	QoQ Change	YoY Change
Revenue	$32.7B	—	$45.6B	—	-28.2%
Op. Income	$6.1B	—	$5.7B	—	6.7%
Gross Margin	21.5%	—	14.6%	—	6.9pp
Net Margin	13.7%	—	9.2%	—	4.5pp
EPS (Diluted)	$9.59	—	$7.99	—	20.0%
Free Cash Flow	$4.4B	—	$4.5B	—	-3.2%

Revenue Flow

Item	Amount
REVENUE	$32.7B
Cost of Revenue	$25.7B
GROSS PROFIT	$7.1B
R&D Expenses	$102M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$828M
Other Expenses	$0
Operating Expenses	$930M
Cost & Expenses	$26.6B
OPERATING INCOME	$6.1B
Interest Income	$33M
Interest Expense	$310M
Other Income/Expenses	$87M
INCOME BEFORE TAX	$6.2B
Income Tax Expense	$1.7B
Net Income from Continuing Ops	$4.5B
Net Income from Discontinued Ops	-$5M
Other Adjustments	$0
NET INCOME	$4.5B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$4.5B
D&A	$1.0B
EBIT	$6.5B
EBITDA	$7.6B
EPS	$10
EPS Diluted	$10

Income Statement

Item	Amount
REVENUE	$32.7B
Cost of Revenue	$25.7B
GROSS PROFIT	$7.1B
R&D Expenses	$102M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$828M
Other Expenses	$0
Operating Expenses	$930M
Cost & Expenses	$26.6B
OPERATING INCOME	$6.1B
Interest Income	$33M
Interest Expense	$310M
Other Income/Expenses	$87M
INCOME BEFORE TAX	$6.2B
Income Tax Expense	$1.7B
Net Income from Continuing Ops	$4.5B
Net Income from Discontinued Ops	-$5M
Other Adjustments	$0
NET INCOME	$4.5B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$4.5B
D&A	$1.0B
EBIT	$6.5B
EBITDA	$7.6B
EPS	$10
EPS Diluted	$10

Cash Flow Statement

Item	Amount
Net Income	$4.5B
Depreciation & Amortization	$1.0B
Stock-Based Compensation	$53M
Deferred Income Tax	$181M
Other Non-Cash Items	$457M
Change in Working Capital	-$370M
OPERATING CASH FLOW	$5.8B
Capital Expenditure	-$1.4B
Acquisitions (Net)	$0
Purchases of Investments	-$2.5B
Sales/Maturities of Investments	$2.8B
Other Investing Activities	$20M
NET CASH FROM INVESTING	-$1.1B
Net Debt Issuance	$1.0B
Common Stock Repurchased	-$4.7B
Common Dividends Paid	-$1.4B
Other Financing Activities	$171M
NET CASH FROM FINANCING	-$4.8B
FREE CASH FLOW	$4.4B
Net Change in Cash	-$107M

Balance Sheet

Item	Amount
Cash & Equivalents	$924M
Short-Term Investments	$1.1B
Net Receivables	$3.2B
Inventory	$4.1B
Other Current Assets	$116M
TOTAL CURRENT ASSETS	$9.8B
PP&E (Net)	$9.0B
Goodwill	$536M
Intangible Assets	$640M
Long-Term Investments	$2.1B
Tax Assets	$205M
Other Non-Current Assets	$469M
TOTAL NON-CURRENT ASSETS	$13.0B
TOTAL ASSETS	$22.8B
Account Payables	$1.6B
Short-Term Debt	$357M
Deferred Revenue	$57M
Other Current Liabilities	$108M
TOTAL CURRENT LIABILITIES	$4.3B
Long-Term Debt	$7.7B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$2.1B
Other Non-Current Liabilities	$2.0B
TOTAL NON-CURRENT LIABILITIES	$11.8B
TOTAL LIABILITIES	$16.2B
Common Stock	$31M
Additional Paid-In Capital	$10.2B
Retained Earnings	$9.8B
Treasury Stock	-$12.1B
Accum. Other Comp. Income	-$1.4B
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$6.5B
Minority Interest	$24M
TOTAL EQUITY	$6.6B
TOTAL LIABILITIES & EQUITY	$22.8B
Total Debt	$8.0B
Net Debt	$7.1B