SUZ FY 2016 Earnings Report — Suzano S.A. Revenue & Financial Results | Market Cap Arena

FY 2016 Earnings

Reported December 30, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2016	Prior Q	FY 2015	QoQ Change	YoY Change
Revenue	$2.0B	—	$2.0B	—	-3.3%
Op. Income	$263M	—	$612M	—	-57.1%
Gross Margin	33.5%	—	39.5%	—	-6.0pp
Net Margin	17.1%	—	-9.1%	—	26.2pp
EPS (Diluted)	$0.31	—	$-0.17	—	280.0%
Free Cash Flow	$135M	—	$178M	—	-23.9%

Revenue Flow

Item	Amount
REVENUE	$2.0B
Cost of Revenue	$1.3B
GROSS PROFIT	$660M
R&D Expenses	$0
Selling & Marketing	$59M
General & Administrative	$102M
SG&A Expenses	$161M
Other Expenses	$22M
Operating Expenses	$183M
Cost & Expenses	$1.5B
OPERATING INCOME	$263M
Interest Income	$0
Interest Expense	$152M
Other Income/Expenses	$224M
INCOME BEFORE TAX	$482M
Income Tax Expense	$145M
Net Income from Continuing Ops	$335M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$337M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$335M
D&A	$280M
EBIT	$696M
EBITDA	$748M
EPS	$0
EPS Diluted	$0

Income Statement

Item	Amount
REVENUE	$2.0B
Cost of Revenue	$1.3B
GROSS PROFIT	$660M
R&D Expenses	$0
Selling & Marketing	$59M
General & Administrative	$102M
SG&A Expenses	$161M
Other Expenses	$22M
Operating Expenses	$183M
Cost & Expenses	$1.5B
OPERATING INCOME	$263M
Interest Income	$0
Interest Expense	$152M
Other Income/Expenses	$224M
INCOME BEFORE TAX	$482M
Income Tax Expense	$145M
Net Income from Continuing Ops	$335M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$337M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$335M
D&A	$280M
EBIT	$696M
EBITDA	$748M
EPS	$0
EPS Diluted	$0

Cash Flow Statement

Item	Amount
Net Income	$337M
Depreciation & Amortization	$280M
Stock-Based Compensation	$559.8K
Deferred Income Tax	$107M
Other Non-Cash Items	$362M
Change in Working Capital	$145M
OPERATING CASH FLOW	$599M
Capital Expenditure	-$463M
Acquisitions (Net)	$7M
Purchases of Investments	-$210M
Sales/Maturities of Investments	$0
Other Investing Activities	$7M
NET CASH FROM INVESTING	-$666M
Net Debt Issuance	$162M
Common Stock Repurchased	$1.1B
Common Dividends Paid	-$60M
Other Financing Activities	$11M
NET CASH FROM FINANCING	$127M
FREE CASH FLOW	$135M
Net Change in Cash	$27M

Balance Sheet

Item	Amount
Cash & Equivalents	$322M
Short-Term Investments	$415M
Net Receivables	$431M
Inventory	$262M
Other Current Assets	$178M
TOTAL CURRENT ASSETS	$1.6B
PP&E (Net)	$3.2B
Goodwill	$9M
Intangible Assets	$35M
Long-Term Investments	$174.1K
Tax Assets	$921.9K
Other Non-Current Assets	$979M
TOTAL NON-CURRENT ASSETS	$4.3B
TOTAL ASSETS	$5.9B
Account Payables	$116M
Short-Term Debt	$317M
Deferred Revenue	$103M
Other Current Liabilities	$297M
TOTAL CURRENT LIABILITIES	$764M
Long-Term Debt	$2.5B
Deferred Revenue NC	$167M
Deferred Tax Liabilities	$311M
Other Non-Current Liabilities	$121M
TOTAL NON-CURRENT LIABILITIES	$3.1B
TOTAL LIABILITIES	$3.8B
Common Stock	$1.2B
Additional Paid-In Capital	$0
Retained Earnings	$327M
Treasury Stock	-$55M
Accum. Other Comp. Income	$371M
Other Equity	$461M
TOTAL STOCKHOLDERS' EQUITY	$2.0B
Minority Interest	$0
TOTAL EQUITY	$2.0B
TOTAL LIABILITIES & EQUITY	$5.9B
Total Debt	$2.8B
Net Debt	$2.5B