RIO Q4 2016 Earnings Report — Rio Tinto Group Revenue & Financial Results | Market Cap Arena

Rio Tinto GroupRIO

Q4 2016 Earnings

Reported March 2, 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	$18.3B	—	$16.8B	—	8.5%
Op. Income	$4.4B	—	$503M	—	773.6%
Gross Margin	27.1%	—	17.4%	—	9.7pp
Net Margin	15.9%	—	-9.9%	—	25.8pp
EPS (Diluted)	$1.60	—	$-0.92	—	273.9%
Free Cash Flow	$3.5B	—	$2.7B	—	29.0%

Revenue Flow

Item	Amount
REVENUE	$18.3B
Cost of Revenue	$13.3B
GROSS PROFIT	$5.0B
R&D Expenses	$60M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$230M
Other Expenses	$0
Operating Expenses	$264M
Cost & Expenses	$13.6B
OPERATING INCOME	$4.4B
Interest Income	$451M
Interest Expense	$0
Other Income/Expenses	-$466M
INCOME BEFORE TAX	$4.2B
Income Tax Expense	$1.2B
Net Income from Continuing Ops	$3.0B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$2.9B
Net Income Deductions	-$166M
BOTTOM LINE NET INCOME	$3.1B
D&A	$2.4B
EBIT	$4.4B
EBITDA	$6.8B
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$18.3B
Cost of Revenue	$13.3B
GROSS PROFIT	$5.0B
R&D Expenses	$60M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$230M
Other Expenses	$0
Operating Expenses	$264M
Cost & Expenses	$13.6B
OPERATING INCOME	$4.4B
Interest Income	$451M
Interest Expense	$0
Other Income/Expenses	-$466M
INCOME BEFORE TAX	$4.2B
Income Tax Expense	$1.2B
Net Income from Continuing Ops	$3.0B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$2.9B
Net Income Deductions	-$166M
BOTTOM LINE NET INCOME	$3.1B
D&A	$2.4B
EBIT	$4.4B
EBITDA	$6.8B
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$2.9B
Depreciation & Amortization	$2.4B
Stock-Based Compensation	$61M
Deferred Income Tax	$1.0B
Other Non-Cash Items	$921M
Change in Working Capital	-$1.1B
OPERATING CASH FLOW	$5.2B
Capital Expenditure	-$1.7B
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$227M
NET CASH FROM INVESTING	-$1.5B
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	-$809M
Other Financing Activities	-$3.0B
NET CASH FROM FINANCING	-$3.8B
FREE CASH FLOW	$3.5B
Net Change in Cash	-$45M

Balance Sheet

Item	Amount
Cash & Equivalents	$6.8B
Short-Term Investments	$335M
Net Receivables	$3.3B
Inventory	$2.9B
Other Current Assets	$1.0B
TOTAL CURRENT ASSETS	$15.1B
PP&E (Net)	$59.6B
Goodwill	$951M
Intangible Assets	$2.6B
Long-Term Investments	$5.0B
Tax Assets	$3.7B
Other Non-Current Assets	$2.4B
TOTAL NON-CURRENT ASSETS	$74.2B
TOTAL ASSETS	$89.3B
Account Payables	$2.8B
Short-Term Debt	$696M
Deferred Revenue	$5.9B
Other Current Liabilities	$3.6B
TOTAL CURRENT LIABILITIES	$9.4B
Long-Term Debt	$16.9B
Deferred Revenue NC	$325M
Deferred Tax Liabilities	$3.1B
Other Non-Current Liabilities	$17.2B
TOTAL NON-CURRENT LIABILITIES	$34.1B
TOTAL LIABILITIES	$43.5B
Common Stock	$4.1B
Additional Paid-In Capital	$4.3B
Retained Earnings	$21.6B
Treasury Stock	$0
Accum. Other Comp. Income	-$50.9B
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$39.3B
Minority Interest	$6.4B
TOTAL EQUITY	$45.7B
TOTAL LIABILITIES & EQUITY	$89.3B
Total Debt	$17.6B
Net Debt	$10.8B