Bunge Global SA (BG) FY2022 results: revenue $67.2 billion, up 13.7% on the year
Bunge Global SA (BG) reported revenue of $67.2 billion for fiscal 2022, the year ended 31 December 2022, up 13.7% on the year before. Net income was $1.6 billion, down 22.5%, and diluted earnings per share $10.51. The figures are the company's own, from the 10-K it filed with the SEC on 24 February 2023.
Revenue
$67.2 billion
+13.7% on the year
FY2015FY2022
Operating margin
n/a
FY2015FY2022
Net income
$1.6 billion
-22.5% on the year
FY2015FY2022
Diluted EPS
$10.51
-22.9% on the year
FY2015FY2022
this yearthe year beforeHover a bar for its figure.
$ 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
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
-5,549
-2,894
-3,536
Capital expenditure
555
399
365
+39.1%
Free cash flow
-6,104
-3,293
-3,901
Free cash flow margin
-9.1%
-5.6%
-9.4%
Cash from investing
6,499
5,113
1,813
+27.1%
Cash from financing
-769
-1,632
1,763
Depreciation and amortisation
408
424
435
-3.8%
Share-based compensation
65.0
61.0
71.0
+6.6%
Buybacks
200
100
100
+100.0%
Dividends paid
349
289
282
+20.8%
Dividend per share
$2.40
$2.08
$2.00
+15.4%
Diluted shares, weighted
153m
152m
150m
+0.5%
Shares outstanding at period end
150m
141m
140m
+6.3%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
9,224
7,669
6,069
+20.3%
Non-controlling interest
732
156
136
+369.2%
Redeemable equity
4.0
381
415
-99.0%
Debt
4,651
5,964
7,288
-22.0%
Operating lease liabilities
547
506
581
+8.1%
Finance lease liabilities
16.0
n/a
n/a
Other liabilities
9,406
9,143
9,166
+2.9%
Total liabilities and equity
24,580
23,819
23,655
+3.2%
Fixed assets
3,617
3,499
3,775
+3.4%
Goodwill
470
484
586
-2.9%
Intangible assets
360
431
529
-16.5%
Investments
282
716
482
-60.6%
Cash and equivalents
1,104
902
352
+22.4%
Receivables
2,829
2,112
1,717
+33.9%
Inventory
8,408
8,431
7,172
-0.3%
Other assets
7,510
7,244
9,042
+3.7%
Total assets
24,580
23,819
23,655
+3.2%
10-K for the year ended 31 December 2022, filed 24 February 2023: the filing.