RIO Q2 2016 Earnings Report — Rio Tinto Group Revenue & Financial Results | Market Cap Arena

Rio Tinto GroupRIO

Q2 2016 Earnings

Reported August 3, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q2 2016	Q1 2016	Q2 2015	QoQ Change	YoY Change
Revenue	$15.5B	—	$18.0B	—	-13.8%
Op. Income	$1.6B	—	$3.5B	—	-54.5%
Gross Margin	13.0%	—	22.1%	—	-9.1pp
Net Margin	11.1%	—	4.5%	—	6.6pp
EPS (Diluted)	$0.95	—	$0.44	—	115.9%
Free Cash Flow	$1.9B	—	$2.0B	—	-2.0%

Revenue Flow

Item	Amount
REVENUE	$15.5B
Cost of Revenue	$13.5B
GROSS PROFIT	$2.0B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$267M
Other Expenses	$0
Operating Expenses	$406M
Cost & Expenses	$13.9B
OPERATING INCOME	$1.6B
Interest Income	$330M
Interest Expense	$0
Other Income/Expenses	$14M
INCOME BEFORE TAX	$2.1B
Income Tax Expense	$357M
Net Income from Continuing Ops	$1.7B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.7B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.7B
D&A	$2.3B
EBIT	$1.6B
EBITDA	$3.9B
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$15.5B
Cost of Revenue	$13.5B
GROSS PROFIT	$2.0B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$267M
Other Expenses	$0
Operating Expenses	$406M
Cost & Expenses	$13.9B
OPERATING INCOME	$1.6B
Interest Income	$330M
Interest Expense	$0
Other Income/Expenses	$14M
INCOME BEFORE TAX	$2.1B
Income Tax Expense	$357M
Net Income from Continuing Ops	$1.7B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.7B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.7B
D&A	$2.3B
EBIT	$1.6B
EBITDA	$3.9B
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$1.7B
Depreciation & Amortization	$2.3B
Stock-Based Compensation	$64M
Deferred Income Tax	-$661M
Other Non-Cash Items	-$1.4B
Change in Working Capital	$597M
OPERATING CASH FLOW	$3.2B
Capital Expenditure	-$1.3B
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$681M
NET CASH FROM INVESTING	-$637M
Net Debt Issuance	-$1.9B
Common Stock Repurchased	$0
Common Dividends Paid	-$1.9B
Other Financing Activities	$106M
NET CASH FROM FINANCING	-$3.7B
FREE CASH FLOW	$1.9B
Net Change in Cash	-$1.1B

Balance Sheet

Item	Amount
Cash & Equivalents	$8.3B
Short-Term Investments	$134M
Net Receivables	$2.1B
Inventory	$3.1B
Other Current Assets	$287M
TOTAL CURRENT ASSETS	$13.9B
PP&E (Net)	$61.0B
Goodwill	$922M
Intangible Assets	$3.4B
Long-Term Investments	$6.1B
Tax Assets	$3.5B
Other Non-Current Assets	$1.6B
TOTAL NON-CURRENT ASSETS	$76.5B
TOTAL ASSETS	$90.4B
Account Payables	$5.6B
Short-Term Debt	$1.1B
Deferred Revenue	-$1.1B
Other Current Liabilities	$1.5B
TOTAL CURRENT LIABILITIES	$8.1B
Long-Term Debt	$20.8B
Deferred Revenue NC	-$20.8B
Deferred Tax Liabilities	$3.0B
Other Non-Current Liabilities	$17.4B
TOTAL NON-CURRENT LIABILITIES	$38.2B
TOTAL LIABILITIES	$46.3B
Common Stock	$4.3B
Additional Paid-In Capital	$4.3B
Retained Earnings	$18.9B
Treasury Stock	$0
Accum. Other Comp. Income	$10.0B
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$37.5B
Minority Interest	$6.6B
TOTAL EQUITY	$44.1B
TOTAL LIABILITIES & EQUITY	$90.4B
Total Debt	$21.9B
Net Debt	$13.6B