LYB Q4 2016 Earnings Report — LyondellBasell Industries N.V. Revenue & Financial Results | Market Cap Arena

LyondellBasell Industries N.V.LYB

Q4 2016 Earnings

Reported February 17, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q4 2016	Q3 2016	Q4 2015	QoQ Change	YoY Change
Revenue	$7.7B	$7.4B	—	5.2%	—
Op. Income	$1.0B	$1.2B	—	-16.1%	—
Gross Margin	17.1%	19.9%	—	-2.7pp	—
Net Margin	9.8%	12.9%	—	-3.1pp	—
EPS (Diluted)	$1.87	$2.30	—	-18.7%	—
Free Cash Flow	$1.1B	$746M	—	53.6%	—

Revenue Flow

Item	Amount
REVENUE	$7.7B
Cost of Revenue	$6.4B
GROSS PROFIT	$1.3B
R&D Expenses	$26M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$253M
Other Expenses	$0
Operating Expenses	$279M
Cost & Expenses	$6.7B
OPERATING INCOME	$1.0B
Interest Income	$4M
Interest Expense	$85M
Other Income/Expenses	$4M
INCOME BEFORE TAX	$1.1B
Income Tax Expense	$282M
Net Income from Continuing Ops	$770M
Net Income from Discontinued Ops	-$7M
Other Adjustments	$0
NET INCOME	$763M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$762M
D&A	$273M
EBIT	$1.1B
EBITDA	$1.4B
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$7.7B
Cost of Revenue	$6.4B
GROSS PROFIT	$1.3B
R&D Expenses	$26M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$253M
Other Expenses	$0
Operating Expenses	$279M
Cost & Expenses	$6.7B
OPERATING INCOME	$1.0B
Interest Income	$4M
Interest Expense	$85M
Other Income/Expenses	$4M
INCOME BEFORE TAX	$1.1B
Income Tax Expense	$282M
Net Income from Continuing Ops	$770M
Net Income from Discontinued Ops	-$7M
Other Adjustments	$0
NET INCOME	$763M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$762M
D&A	$273M
EBIT	$1.1B
EBITDA	$1.4B
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$763M
Depreciation & Amortization	$273M
Stock-Based Compensation	$38M
Deferred Income Tax	$50M
Other Non-Cash Items	$53M
Change in Working Capital	$536M
OPERATING CASH FLOW	$1.7B
Capital Expenditure	-$567M
Acquisitions (Net)	-$144M
Purchases of Investments	-$255M
Sales/Maturities of Investments	$91M
Other Investing Activities	$105M
NET CASH FROM INVESTING	-$770M
Net Debt Issuance	$0
Common Stock Repurchased	-$437M
Common Dividends Paid	-$346M
Other Financing Activities	$1M
NET CASH FROM FINANCING	-$782M
FREE CASH FLOW	$1.1B
Net Change in Cash	$135M

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