RIO Q4 2014 Earnings Report — Rio Tinto Group Revenue & Financial Results | Market Cap Arena

Rio Tinto GroupRIO

Q4 2014 Earnings

Reported March 6, 2015

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q4 2014	Q3 2014	Q4 2013	QoQ Change	YoY Change
Revenue	$23.3B	—	$26.7B	—	-12.5%
Op. Income	$5.8B	—	$7.3B	—	-20.5%
Gross Margin	27.1%	—	32.4%	—	-5.4pp
Net Margin	9.1%	—	7.3%	—	1.8pp
EPS (Diluted)	$1.14	—	$1.05	—	8.6%
Free Cash Flow	$4.5B	—	$3.5B	—	28.2%

Revenue Flow

Item	Amount
REVENUE	$23.3B
Cost of Revenue	$17.0B
GROSS PROFIT	$6.3B
R&D Expenses	$112M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$407M
Other Expenses	$0
Operating Expenses	$2.5B
Cost & Expenses	$19.5B
OPERATING INCOME	$5.8B
Interest Income	$367M
Interest Expense	$0
Other Income/Expenses	-$2.3B
INCOME BEFORE TAX	$3.5B
Income Tax Expense	$1.2B
Net Income from Continuing Ops	$2.2B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$2.1B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$2.1B
D&A	$2.4B
EBIT	$5.8B
EBITDA	$8.2B
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$23.3B
Cost of Revenue	$17.0B
GROSS PROFIT	$6.3B
R&D Expenses	$112M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$407M
Other Expenses	$0
Operating Expenses	$2.5B
Cost & Expenses	$19.5B
OPERATING INCOME	$5.8B
Interest Income	$367M
Interest Expense	$0
Other Income/Expenses	-$2.3B
INCOME BEFORE TAX	$3.5B
Income Tax Expense	$1.2B
Net Income from Continuing Ops	$2.2B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$2.1B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$2.1B
D&A	$2.4B
EBIT	$5.8B
EBITDA	$8.2B
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$2.1B
Depreciation & Amortization	$2.4B
Stock-Based Compensation	$79M
Deferred Income Tax	-$1.4B
Other Non-Cash Items	$2.9B
Change in Working Capital	$1.3B
OPERATING CASH FLOW	$8.8B
Capital Expenditure	-$4.3B
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$530M
NET CASH FROM INVESTING	-$3.8B
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	-$1.7B
Other Financing Activities	-$365M
NET CASH FROM FINANCING	-$2.1B
FREE CASH FLOW	$4.5B
Net Change in Cash	$2.8B

Balance Sheet

Item	Amount
Cash & Equivalents	$11.4B
Short-Term Investments	$157M
Net Receivables	$2.5B
Inventory	$4.3B
Other Current Assets	$1.5B
TOTAL CURRENT ASSETS	$21.1B
PP&E (Net)	$71.3B
Goodwill	$1.2B
Intangible Assets	$3.3B
Long-Term Investments	$5.0B
Tax Assets	$3.5B
Other Non-Current Assets	$2.3B
TOTAL NON-CURRENT ASSETS	$86.7B
TOTAL ASSETS	$107.8B
Account Payables	$2.6B
Short-Term Debt	$2.7B
Deferred Revenue	$7.3B
Other Current Liabilities	$3.7B
TOTAL CURRENT LIABILITIES	$12.6B
Long-Term Debt	$22.4B
Deferred Revenue NC	$110M
Deferred Tax Liabilities	$3.6B
Other Non-Current Liabilities	$18.2B
TOTAL NON-CURRENT LIABILITIES	$40.7B
TOTAL LIABILITIES	$53.2B
Common Stock	$4.8B
Additional Paid-In Capital	$4.3B
Retained Earnings	$26.1B
Treasury Stock	$0
Accum. Other Comp. Income	-$46.8B
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$46.3B
Minority Interest	$8.3B
TOTAL EQUITY	$54.6B
TOTAL LIABILITIES & EQUITY	$107.8B
Total Debt	$25.1B
Net Debt	$13.7B