LYB Q2 2017 Earnings Report — LyondellBasell Industries N.V. Revenue & Financial Results | Market Cap Arena

LyondellBasell Industries N.V.LYB

Q2 2017 Earnings

Reported July 28, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q2 2017	Q1 2017	Q2 2016	QoQ Change	YoY Change
Revenue	$8.4B	$8.4B	$7.3B	-0.3%	14.7%
Op. Income	$1.6B	$1.2B	$1.4B	30.3%	12.4%
Gross Margin	21.4%	17.1%	22.2%	4.4pp	-0.7pp
Net Margin	13.5%	9.5%	14.9%	4.0pp	-1.4pp
EPS (Diluted)	$2.81	$1.98	$2.56	41.9%	9.8%
Free Cash Flow	$1.2B	$192M	$698M	534.4%	74.5%

Revenue Flow

Item	Amount
REVENUE	$8.4B
Cost of Revenue	$6.6B
GROSS PROFIT	$1.8B
R&D Expenses	$25M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$200M
Other Expenses	$0
Operating Expenses	$225M
Cost & Expenses	$6.8B
OPERATING INCOME	$1.6B
Interest Income	$4M
Interest Expense	$95M
Other Income/Expenses	$16M
INCOME BEFORE TAX	$1.6B
Income Tax Expense	$459M
Net Income from Continuing Ops	$1.1B
Net Income from Discontinued Ops	-$4M
Other Adjustments	$0
NET INCOME	$1.1B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.1B
D&A	$286M
EBIT	$1.7B
EBITDA	$2.0B
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$8.4B
Cost of Revenue	$6.6B
GROSS PROFIT	$1.8B
R&D Expenses	$25M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$200M
Other Expenses	$0
Operating Expenses	$225M
Cost & Expenses	$6.8B
OPERATING INCOME	$1.6B
Interest Income	$4M
Interest Expense	$95M
Other Income/Expenses	$16M
INCOME BEFORE TAX	$1.6B
Income Tax Expense	$459M
Net Income from Continuing Ops	$1.1B
Net Income from Discontinued Ops	-$4M
Other Adjustments	$0
NET INCOME	$1.1B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.1B
D&A	$286M
EBIT	$1.7B
EBITDA	$2.0B
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$1.1B
Depreciation & Amortization	$286M
Stock-Based Compensation	$8M
Deferred Income Tax	$86M
Other Non-Cash Items	$23M
Change in Working Capital	$27M
OPERATING CASH FLOW	$1.6B
Capital Expenditure	-$407M
Acquisitions (Net)	-$21M
Purchases of Investments	-$433M
Sales/Maturities of Investments	$359M
Other Investing Activities	-$13M
NET CASH FROM INVESTING	-$515M
Net Debt Issuance	$0
Common Stock Repurchased	-$410M
Common Dividends Paid	-$361M
Other Financing Activities	-$51M
NET CASH FROM FINANCING	-$822M
FREE CASH FLOW	$1.2B
Net Change in Cash	$255M

Balance Sheet

Item	Amount
Cash & Equivalents	$734M
Short-Term Investments	$1.3B
Net Receivables	$3.1B
Inventory	$4.0B
Other Current Assets	$6M
TOTAL CURRENT ASSETS	$10.1B
PP&E (Net)	$10.6B
Goodwill	$559M
Intangible Assets	$499M
Long-Term Investments	$2.0B
Tax Assets	$0
Other Non-Current Assets	$398M
TOTAL NON-CURRENT ASSETS	$14.0B
TOTAL ASSETS	$24.1B
Account Payables	$1.8B
Short-Term Debt	$563M
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$4.1B
Long-Term Debt	$8.5B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$2.4B
Other Non-Current Liabilities	$2.3B
TOTAL NON-CURRENT LIABILITIES	$13.1B
TOTAL LIABILITIES	$17.3B
Common Stock	$31M
Additional Paid-In Capital	$10.2B
Retained Earnings	$13.5B
Treasury Stock	-$15.5B
Accum. Other Comp. Income	-$1.4B
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$6.9B
Minority Interest	$2M
TOTAL EQUITY	$6.9B
TOTAL LIABILITIES & EQUITY	$24.1B
Total Debt	$9.1B
Net Debt	$8.3B