RIO Q4 2017 Earnings Report — Rio Tinto Group Revenue & Financial Results | Market Cap Arena

Rio Tinto GroupRIO

Q4 2017 Earnings

Reported March 1, 2018

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q4 2017	Q3 2017	Q4 2016	QoQ Change	YoY Change
Revenue	$20.7B	—	$18.3B	—	13.3%
Op. Income	$5.7B	—	$4.4B	—	29.3%
Gross Margin	30.8%	—	27.1%	—	3.7pp
Net Margin	26.3%	—	15.9%	—	10.5pp
EPS (Diluted)	$3.05	—	$1.60	—	90.6%
Free Cash Flow	$4.9B	—	$3.5B	—	37.5%

Revenue Flow

Item	Amount
REVENUE	$20.7B
Cost of Revenue	$14.3B
GROSS PROFIT	$6.4B
R&D Expenses	$58M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$270M
Other Expenses	$0
Operating Expenses	$1.9B
Cost & Expenses	$16.2B
OPERATING INCOME	$5.7B
Interest Income	$416M
Interest Expense	$0
Other Income/Expenses	$2.6B
INCOME BEFORE TAX	$7.9B
Income Tax Expense	$2.3B
Net Income from Continuing Ops	$5.6B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$5.5B
Net Income Deductions	$122M
BOTTOM LINE NET INCOME	$5.3B
D&A	$2.4B
EBIT	$7.6B
EBITDA	$8.0B
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$20.7B
Cost of Revenue	$14.3B
GROSS PROFIT	$6.4B
R&D Expenses	$58M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$270M
Other Expenses	$0
Operating Expenses	$1.9B
Cost & Expenses	$16.2B
OPERATING INCOME	$5.7B
Interest Income	$416M
Interest Expense	$0
Other Income/Expenses	$2.6B
INCOME BEFORE TAX	$7.9B
Income Tax Expense	$2.3B
Net Income from Continuing Ops	$5.6B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$5.5B
Net Income Deductions	$122M
BOTTOM LINE NET INCOME	$5.3B
D&A	$2.4B
EBIT	$7.6B
EBITDA	$8.0B
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$5.5B
Depreciation & Amortization	$2.4B
Stock-Based Compensation	$44M
Deferred Income Tax	$709M
Other Non-Cash Items	$462M
Change in Working Capital	-$753M
OPERATING CASH FLOW	$7.6B
Capital Expenditure	-$2.7B
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$1.9B
NET CASH FROM INVESTING	-$846M
Net Debt Issuance	$0
Common Stock Repurchased	-$1.8B
Common Dividends Paid	-$2.0B
Other Financing Activities	-$200M
NET CASH FROM FINANCING	-$4.0B
FREE CASH FLOW	$4.9B
Net Change in Cash	$2.8B

Balance Sheet

Item	Amount
Cash & Equivalents	$9.2B
Short-Term Investments	$1.1B
Net Receivables	$3.3B
Inventory	$3.5B
Other Current Assets	$1.5B
TOTAL CURRENT ASSETS	$19.2B
PP&E (Net)	$62.5B
Goodwill	$1.0B
Intangible Assets	$2.7B
Long-Term Investments	$3.7B
Tax Assets	$3.4B
Other Non-Current Assets	$3.2B
TOTAL NON-CURRENT ASSETS	$76.6B
TOTAL ASSETS	$95.7B
Account Payables	$3.3B
Short-Term Debt	$548M
Deferred Revenue	$7.5B
Other Current Liabilities	$5.0B
TOTAL CURRENT LIABILITIES	$11.3B
Long-Term Debt	$14.6B
Deferred Revenue NC	$331M
Deferred Tax Liabilities	$3.6B
Other Non-Current Liabilities	$18.6B
TOTAL NON-CURRENT LIABILITIES	$33.3B
TOTAL LIABILITIES	$44.6B
Common Stock	$4.4B
Additional Paid-In Capital	$4.3B
Retained Earnings	$23.8B
Treasury Stock	$0
Accum. Other Comp. Income	-$56.1B
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$44.7B
Minority Interest	$6.4B
TOTAL EQUITY	$51.1B
TOTAL LIABILITIES & EQUITY	$95.7B
Total Debt	$15.2B
Net Debt	$6.0B