Ameren (AEE) FY2016 results: revenue $6.1 billion, down 0.4% on the year
Ameren Corp. (AEE) reported revenue of $6.1 billion for fiscal 2016, the year ended 31 December 2016, down 0.4% on the year before. Net income was $653 million, up 3.7%, and diluted earnings per share $2.68. The figures are the company's own, from the 10-K it filed with the SEC on 28 February 2017.
Revenue
$6.1 billion
-0.4% on the year
FY2009FY2016
Operating margin
21.8%
20.6% a year earlier
FY2009FY2016
Net income
$653 million
+3.7% on the year
FY2009FY2016
Diluted EPS
$2.68
+3.5% on the year
FY2009FY2016
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Revenue
6,076
6,098
6,053
-0.4%
Operating income
1,322
1,259
1,254
+5.0%
Operating margin
21.8%
20.6%
20.7%
Interest expense
382
355
341
+7.6%
Pre-tax income
1,041
948
970
+9.8%
Income tax
382
363
377
+5.2%
Effective tax rate
36.7%
38.3%
38.9%
Net income
653
630
586
+3.7%
Net margin
10.7%
10.3%
9.7%
Diluted EPS
$2.68
$2.59
$2.40
+3.5%
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Operating cash flow
2,117
2,031
1,565
+4.2%
Capital expenditure
2,076
1,917
1,785
+8.3%
Free cash flow
41.0
114
-220
-64.0%
Free cash flow margin
0.7%
1.9%
-3.6%
Cash from investing
-2,158
-1,976
-1,717
Cash from financing
-258
232
127
Depreciation and amortisation
835
777
710
+7.5%
Share-based compensation
17.0
24.0
25.0
-29.2%
Buybacks
51.0
n/a
n/a
Dividends paid
416
402
390
+3.5%
Dividend per share
$1.72
$1.66
$1.61
+3.6%
Diluted shares, weighted
243m
244m
244m
-0.1%
Shares outstanding at period end
243m
243m
243m
0.0%
Balance sheet
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Shareholders' equity
7,103
6,946
6,713
+2.3%
Non-controlling interest
142
142
142
0.0%
Debt
7,834
7,576
6,919
+3.4%
Other liabilities
9,620
8,976
8,515
+7.2%
Total liabilities and equity
24,699
23,640
22,289
+4.5%
Fixed assets
20,113
18,799
17,424
+7.0%
Goodwill
411
411
411
0.0%
Securities held for sale or to maturity
478
477
476
+0.2%
Cash and equivalents
9.0
292
5.0
-96.9%
Receivables
437
388
423
+12.6%
Inventory
527
538
524
-2.0%
Other assets
2,724
2,735
3,026
-0.4%
Total assets
24,699
23,640
22,289
+4.5%
10-K for the year ended 31 December 2016, filed 28 February 2017: the filing.