SU FY 2018 Earnings Report — Suncor Energy Inc. Revenue & Financial Results | Market Cap Arena

Suncor Energy Inc.SU

FY 2018 Earnings

Reported December 30, 2018

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2018	Prior Q	FY 2017	QoQ Change	YoY Change
Revenue	$28.2B	—	$23.4B	—	20.6%
Op. Income	$9.0B	—	$7.6B	—	18.2%
Gross Margin	59.9%	—	62.0%	—	-2.0pp
Net Margin	8.5%	—	14.0%	—	-5.4pp
EPS (Diluted)	$1.48	—	$1.96	—	-24.6%
Free Cash Flow	$3.8B	—	$1.8B	—	114.2%

Revenue Flow

Item	Amount
REVENUE	$28.2B
Cost of Revenue	$11.3B
GROSS PROFIT	$16.9B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$7.9B
Other Expenses	$0
Operating Expenses	$7.9B
Cost & Expenses	$19.1B
OPERATING INCOME	$9.0B
Interest Income	$25M
Interest Expense	$623M
Other Income/Expenses	-$5.4B
INCOME BEFORE TAX	$3.6B
Income Tax Expense	$1.2B
Net Income from Continuing Ops	$2.4B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$2.4B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$2.4B
D&A	$4.4B
EBIT	$4.8B
EBITDA	$9.2B
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$28.2B
Cost of Revenue	$11.3B
GROSS PROFIT	$16.9B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$7.9B
Other Expenses	$0
Operating Expenses	$7.9B
Cost & Expenses	$19.1B
OPERATING INCOME	$9.0B
Interest Income	$25M
Interest Expense	$623M
Other Income/Expenses	-$5.4B
INCOME BEFORE TAX	$3.6B
Income Tax Expense	$1.2B
Net Income from Continuing Ops	$2.4B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$2.4B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$2.4B
D&A	$4.4B
EBIT	$4.8B
EBITDA	$9.2B
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$2.4B
Depreciation & Amortization	$4.2B
Stock-Based Compensation	-$86M
Deferred Income Tax	$322M
Other Non-Cash Items	$598M
Change in Working Capital	$298M
OPERATING CASH FLOW	$7.7B
Capital Expenditure	-$4.0B
Acquisitions (Net)	-$899M
Purchases of Investments	-$124M
Sales/Maturities of Investments	$0
Other Investing Activities	$80M
NET CASH FROM INVESTING	-$4.9B
Net Debt Issuance	$497M
Common Stock Repurchased	-$2.2B
Common Dividends Paid	-$1.7B
Other Financing Activities	$205M
NET CASH FROM FINANCING	-$3.2B
FREE CASH FLOW	$3.8B
Net Change in Cash	-$330M

Balance Sheet

Item	Amount
Cash & Equivalents	$1.6B
Short-Term Investments	$0
Net Receivables	$2.4B
Inventory	$2.3B
Other Current Assets	$0
TOTAL CURRENT ASSETS	$6.4B
PP&E (Net)	$56.0B
Goodwill	$2.1B
Intangible Assets	$124M
Long-Term Investments	$173M
Tax Assets	$94M
Other Non-Current Assets	$650M
TOTAL NON-CURRENT ASSETS	$59.1B
TOTAL ASSETS	$65.5B
Account Payables	$4.1B
Short-Term Debt	$2.5B
Deferred Revenue	$391M
Other Current Liabilities	$278M
TOTAL CURRENT LIABILITIES	$7.5B
Long-Term Debt	$9.6B
Deferred Revenue NC	$34M
Deferred Tax Liabilities	$8.8B
Other Non-Current Liabilities	$6.4B
TOTAL NON-CURRENT LIABILITIES	$25.8B
TOTAL LIABILITIES	$33.3B
Common Stock	$18.9B
Additional Paid-In Capital	$395M
Retained Earnings	$12.0B
Treasury Stock	$0
Accum. Other Comp. Income	$786M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$32.2B
Minority Interest	$0
TOTAL EQUITY	$32.2B
TOTAL LIABILITIES & EQUITY	$65.5B
Total Debt	$12.7B
Net Debt	$11.1B