LYB FY 2016 Earnings Report — LyondellBasell Industries N.V. Revenue & Financial Results | Market Cap Arena

LyondellBasell Industries N.V.LYB

FY 2016 Earnings

Reported February 17, 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	$29.2B	—	$32.7B	—	-10.9%
Op. Income	$5.1B	—	$6.1B	—	-17.3%
Gross Margin	20.5%	—	21.5%	—	-1.0pp
Net Margin	13.1%	—	13.7%	—	-0.5pp
EPS (Diluted)	$9.13	—	$9.59	—	-4.8%
Free Cash Flow	$3.4B	—	$4.4B	—	-23.6%

Revenue Flow

Item	Amount
REVENUE	$29.2B
Cost of Revenue	$23.2B
GROSS PROFIT	$6.0B
R&D Expenses	$99M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$833M
Other Expenses	$0
Operating Expenses	$932M
Cost & Expenses	$24.1B
OPERATING INCOME	$5.1B
Interest Income	$17M
Interest Expense	$322M
Other Income/Expenses	$173M
INCOME BEFORE TAX	$5.2B
Income Tax Expense	$1.4B
Net Income from Continuing Ops	$3.8B
Net Income from Discontinued Ops	-$10M
Other Adjustments	$0
NET INCOME	$3.8B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$3.8B
D&A	$1.1B
EBIT	$5.6B
EBITDA	$6.6B
EPS	$9
EPS Diluted	$9

Income Statement

Item	Amount
REVENUE	$29.2B
Cost of Revenue	$23.2B
GROSS PROFIT	$6.0B
R&D Expenses	$99M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$833M
Other Expenses	$0
Operating Expenses	$932M
Cost & Expenses	$24.1B
OPERATING INCOME	$5.1B
Interest Income	$17M
Interest Expense	$322M
Other Income/Expenses	$173M
INCOME BEFORE TAX	$5.2B
Income Tax Expense	$1.4B
Net Income from Continuing Ops	$3.8B
Net Income from Discontinued Ops	-$10M
Other Adjustments	$0
NET INCOME	$3.8B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$3.8B
D&A	$1.1B
EBIT	$5.6B
EBITDA	$6.6B
EPS	$9
EPS Diluted	$9

Cash Flow Statement

Item	Amount
Net Income	$3.8B
Depreciation & Amortization	$1.1B
Stock-Based Compensation	$38M
Deferred Income Tax	$357M
Other Non-Cash Items	-$64M
Change in Working Capital	$374M
OPERATING CASH FLOW	$5.6B
Capital Expenditure	-$2.2B
Acquisitions (Net)	$144M
Purchases of Investments	-$2.8B
Sales/Maturities of Investments	$2.7B
Other Investing Activities	-$58M
NET CASH FROM INVESTING	-$2.3B
Net Debt Issuance	$989M
Common Stock Repurchased	-$2.9B
Common Dividends Paid	-$1.4B
Other Financing Activities	-$5M
NET CASH FROM FINANCING	-$3.3B
FREE CASH FLOW	$3.4B
Net Change in Cash	-$49M

Balance Sheet

Item	Amount
Cash & Equivalents	$875M
Short-Term Investments	$1.1B
Net Receivables	$3.4B
Inventory	$3.8B
Other Current Assets	$183M
TOTAL CURRENT ASSETS	$9.6B
PP&E (Net)	$10.1B
Goodwill	$528M
Intangible Assets	$550M
Long-Term Investments	$2.0B
Tax Assets	$192M
Other Non-Current Assets	$426M
TOTAL NON-CURRENT ASSETS	$13.8B
TOTAL ASSETS	$23.4B
Account Payables	$2.0B
Short-Term Debt	$596M
Deferred Revenue	$22M
Other Current Liabilities	$113M
TOTAL CURRENT LIABILITIES	$4.5B
Long-Term Debt	$8.4B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$2.3B
Other Non-Current Liabilities	$2.1B
TOTAL NON-CURRENT LIABILITIES	$12.8B
TOTAL LIABILITIES	$17.4B
Common Stock	$31M
Additional Paid-In Capital	$10.2B
Retained Earnings	$12.3B
Treasury Stock	-$14.9B
Accum. Other Comp. Income	-$1.5B
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$6.0B
Minority Interest	$25M
TOTAL EQUITY	$6.1B
TOTAL LIABILITIES & EQUITY	$23.4B
Total Debt	$9.0B
Net Debt	$8.1B