UL Q2 2017 Earnings Report — Unilever PLC Revenue & Financial Results | Market Cap Arena

Q2 2017 Earnings

Reported July 20, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q2 2017	Q1 2017	Q2 2016	QoQ Change	YoY Change
Revenue	$32.4B	—	$30.7B	—	5.5%
Op. Income	$5.7B	—	$4.4B	—	27.9%
Gross Margin	100.0%	—	100.0%	—	0.0pp
Net Margin	11.2%	—	9.6%	—	1.7pp
EPS (Diluted)	$1.27	—	$1.03	—	23.9%
Free Cash Flow	$1.8B	—	$1.2B	—	42.7%

Revenue Flow

Item	Amount
REVENUE	$32.4B
Cost of Revenue	$0
GROSS PROFIT	$32.4B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$242M
Other Expenses	$26.5B
Operating Expenses	$26.7B
Cost & Expenses	$26.7B
OPERATING INCOME	$5.7B
Interest Income	$282M
Interest Expense	$0
Other Income/Expenses	-$251M
INCOME BEFORE TAX	$5.4B
Income Tax Expense	$1.5B
Net Income from Continuing Ops	$3.9B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$3.6B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$3.6B
D&A	$892M
EBIT	$5.7B
EBITDA	$6.6B
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$32.4B
Cost of Revenue	$0
GROSS PROFIT	$32.4B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$242M
Other Expenses	$26.5B
Operating Expenses	$26.7B
Cost & Expenses	$26.7B
OPERATING INCOME	$5.7B
Interest Income	$282M
Interest Expense	$0
Other Income/Expenses	-$251M
INCOME BEFORE TAX	$5.4B
Income Tax Expense	$1.5B
Net Income from Continuing Ops	$3.9B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$3.6B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$3.6B
D&A	$892M
EBIT	$5.7B
EBITDA	$6.6B
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$3.6B
Depreciation & Amortization	$892M
Stock-Based Compensation	$185M
Deferred Income Tax	$0
Other Non-Cash Items	-$479M
Change in Working Capital	-$1.7B
OPERATING CASH FLOW	$2.6B
Capital Expenditure	-$786M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$248M
NET CASH FROM INVESTING	-$538M
Net Debt Issuance	$0
Common Stock Repurchased	-$1.5B
Common Dividends Paid	-$2.2B
Other Financing Activities	$2.4B
NET CASH FROM FINANCING	$161M
FREE CASH FLOW	$1.8B
Net Change in Cash	$972M

Balance Sheet

Item	Amount
Cash & Equivalents	$5.9B
Short-Term Investments	$965M
Net Receivables	$7.2B
Inventory	$4.9B
Other Current Assets	$1.5B
TOTAL CURRENT ASSETS	$19.4B
PP&E (Net)	$12.9B
Goodwill	$19.8B
Intangible Assets	$11.1B
Long-Term Investments	-$164M
Tax Assets	$1.5B
Other Non-Current Assets	$3.2B
TOTAL NON-CURRENT ASSETS	$48.4B
TOTAL ASSETS	$67.8B
Account Payables	$15.6B
Short-Term Debt	$5.9B
Deferred Revenue	$0
Other Current Liabilities	$497M
TOTAL CURRENT LIABILITIES	$23.2B
Long-Term Debt	$17.0B
Deferred Revenue NC	$4.7B
Deferred Tax Liabilities	$2.4B
Other Non-Current Liabilities	$3.3B
TOTAL NON-CURRENT LIABILITIES	$25.0B
TOTAL LIABILITIES	$48.2B
Common Stock	$566M
Additional Paid-In Capital	$153M
Retained Earnings	$29.2B
Treasury Stock	$0
Accum. Other Comp. Income	-$9.4B
Other Equity	-$20.4B
TOTAL STOCKHOLDERS' EQUITY	$18.9B
Minority Interest	$719M
TOTAL EQUITY	$19.7B
TOTAL LIABILITIES & EQUITY	$67.8B
Total Debt	$23.0B
Net Debt	$17.1B