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Income Statement

  Year Ending Dec 2016 (Update) Year Ending Dec 2015 (Update) Year Ending Dec 2014 (Restated) Year Ending Dec 2013 (Restated) Year Ending Dec 2012 (Restated)
Net Sales 4.01M 3.27M 2.38M 2.12M 2.82M
Revenue 4.01M 3.27M 2.38M 2.12M 2.82M
Total Revenue 4.01M 3.27M 2.38M 2.12M 2.82M
Cost of Revenue 2.63M 2.08M 1.23M 886.60 1.14M
Cost of Revenue, Total 2.63M 2.08M 1.23M 886.60 1.14M
Gross Profit 1.38M 1.19M 1.15M 1.24M 1.68M
Selling/General/Administrative Expense 716.55 661.38 546.30 549.33 812.49
Labor & Related Expense 54.18 79.93 21.69 24.98 51.85
Selling/General/Administrative Expenses, Total 770.73 741.30 567.99 574.31 864.34
Research & Development 183.37 102.20 112.71 97.47 219.14
Purchased R&D Written-Off
Litigation 23.95 24.58 42.08 -40.95 401.55
Impairment-Assets Held for Use 3.78M 1.14M 22.54 32.01 715.55
Impairment-Assets Held for Sale -- 18.87 -- --
Loss (Gain) on Sale of Assets - Operating
Other Unusual Expense (Income) 87.60 172.73 104.00 18.93 26.63
Unusual Expense (Income) 3.89M 1.36M 168.63 9.99 1.14M
Total Operating Expense 7.48M 4.28M 2.08M 1.57M 3.36M
Operating Income -3,471.52 -1,007.33 299.87 556.31 -547.15
Interest Expense - Non-Operating -456.40 -378.90 -183.24
Interest Expense, Net Non-Operating -456.40 -378.90 -183.24
Interest Income, Non-Operating 3.72 5.69 0.41
Investment Income, Non-Operating -1.80 19.84 18.38 1.50
Interest/Investment Income, Non-Operating 1.92 25.53 18.38 1.50 0.41
Interest Income (Expense), Net Non-Operating -227.11 -173.61
Interest Income (Expense), Net-Non-Operating, Total -454.48 -353.37 -208.74 -172.10 -182.83
Other Non-Operating Income (Expense) 2.14 -77.16 8.75 1.16 -0.44
Other, Net 2.14 -77.16 8.75 1.16 -0.44
Net Income Before Taxes -3,923.86 -1,437.86 99.88 385.37 -730.42
Income Tax – Total -700.08 -1,137.47 38.27 143.74 -36.42
Income After Tax -3,223.77 -300.40 61.61 241.62 -694.01
Minority Interest -0.02 0.28 -3.14 -52.93 --
Net Income Before Extraordinary Items -3,223.79 -300.12 58.47 188.70 -694.01
Discontinued Operations -123.28 -1,194.93 -779.79 -874.04 -46.33
Total Extraordinary Items -123.28 -1,194.93 -779.79 -874.04 -46.33
Net Income -3,347.07 -1,495.04 -721.32 -685.34 -740.34
Income Available to Common Excluding Extraordinary Items -3,223.79 -300.12 58.47 188.70 -694.01
Income Available to Common Stocks Including Extraordinary Items -3,347.07 -1,495.04 -721.32 -685.34 -740.34
Basic Weighted Average Shares 222.65 197.10 146.90 113.30 115.72
Basic EPS Excluding Extraordinary Items -14.48 -1.52 0.40 1.67 -6.00
Basic EPS Including Extraordinary Items -15.03 -7.59 -4.91 -6.05 -6.40
Dilution Adjustment --
Diluted Net Income -3,347.07 -1,495.04 -721.32 -685.34 -740.34
Diluted Weighted Average Shares 222.65 197.10 146.90 113.30 115.72
Diluted EPS Excluding Extraordinary Items -14.48 -1.52 0.40 1.67 -6.00
Diluted EPS Including Extraordinary Items -15.03 -7.59 -4.91 -6.05 -6.40
DPS - Common Stock Primary Issue -- -- --
Dividend per Share – Common Stock Issue 2
Gross Dividends - Common Stock -- -- -- -- --
Stock-Based Compensation, Supplemental 59.77 61.19 32.67 39.00 51.25
Interest Expense, Supplemental 456.40 378.90 183.24
Depreciation, Supplemental 106.86 71.45 112.94 131.52 285.52
Other Unusual Expense (Income), Supplemental 107.49 125.41 25.76 91.53 42.91
Non-Recurring Items, Total 107.49 125.41 25.76 91.53 42.91
Total Special Items 4.00M 1.48M 194.39 101.52 1.19M
Normalized Income Before Taxes 76.35 44.44 294.26 486.88 456.22
Effect of Special Items on Income Taxes 1.40M 518.81 74.48 37.87 415.32
Income Taxes Excluding Impact of Special Items 699.99 -618.66 112.75 181.61 378.91
Normalized Income After Taxes -623.64 663.10 181.52 305.28 77.31
Normalized Income Available to Common -623.65 663.38 178.38 252.35 77.31
Basic Normalized EPS -2.80 3.37 1.21 2.23 0.67
Diluted Normalized EPS -2.80 3.37 1.21 2.23 0.67
Amortization of Intangibles, Supplemental 876.45 561.30 218.71 124.15
Rental Expense, Supplemental 22.20 20.10 8.50 18.70 25.50
Advertising Expense, Supplemental 47.90 57.90 28.10 31.60 41.80
Equity in Affiliates, Supplemental 1.19 -3.22 8.33 1.48
Minority Interest, Supplemental -0.02 0.28 -3.14 -52.93 --
Research & Development Expense, Supplemental 183.37 102.20 112.71 97.47 219.14
Audit-Related Fees, Supplemental 11.26 11.57 5.77 3.28
Audit-Related Fees 0.01 0.64 3.03 0.06
Tax Fees, Supplemental 2.35 1.37 0.61 0.74
All Other Fees Paid to Auditor, Supplemental 0.01 0.01 0.42 --
Gross Margin 34.29 36.50 48.27 58.27 59.67
Operating Margin -86.57 -30.82 12.60 26.18 -19.43
Pretax Margin -97.85 -43.99 4.20 18.14 -25.94
Effective Tax Rate 38.31 37.30
Net Profit Margin -80.39 -9.18 2.46 8.88 -24.65
Normalized EBIT 528.69 474.97 494.25 657.83 639.49
Normalized EBITDA 1.51M 1.11M 825.90 913.49 925.01
Current Tax - Domestic 18.37 -308.91 30.39 93.21 129.14
Current Tax - Foreign 9.50 -5.60 16.27 10.98 2.48
Current Tax - Local 22.85 16.72 -2.55 -- 15.21
Current Tax - Total 50.72 -297.79 44.11 104.19 146.82
Deferred Tax - Domestic -661.48 -779.76 -31.92 36.37 -180.63
Deferred Tax - Foreign -0.24 -70.22 -7.74 -1.34 -1.03
Deferred Tax - Local -83.62 -9.38 -0.62 -- -7.44
Deferred Tax - Total -745.34 -859.35 -40.28 35.03 -189.10
Other Tax -5.46 19.68 34.44 4.52 5.86
Income Tax - Total -700.08 -1,137.47 38.27 143.74 -36.42
Defined Contribution Expense - Domestic 11.50 8.60 15.60
Total Pension Expense 11.50 8.60 15.60

In millions of USD (except for per share items)