Peabody Energy (BTU) FY2014 results: revenue $6.8 billion, down 3.2% on the year
Peabody Energy Corp. (BTU) reported revenue of $6.8 billion for fiscal 2014, the year ended 31 December 2014, down 3.2% on the year before. Net income was -$733 million, and diluted earnings per share $-41.08. The figures are the company's own, from the 10-K it filed with the SEC on 25 February 2015.
Revenue
$6.8 billion
-3.2% on the year
FY2007FY2014
Operating margin
-2.0%
-4.6% a year earlier
FY2007FY2014
Net income
-$733 million
FY2007FY2014
Diluted EPS
-$41.08
FY2007FY2014
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2014
FY2013
FY2012
On the year
Last 8 years
Revenue
6,792
7,014
8,078
-3.2%
Selling, general and administrative
227
244
269
-7.0%
Operating income
-135
-325
172
Operating margin
-2.0%
-4.6%
2.1%
Interest expense
427
408
406
+4.5%
Pre-tax income
-548
-734
-209
Income tax
147
-448
262
Net income
-733
-525
-586
Net margin
-10.8%
-7.5%
-7.3%
Diluted EPS
-$41.08
-$29.55
-$32.85
$ 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
FY2014
FY2013
FY2012
On the year
Last 8 years
Operating cash flow
337
722
1,515
-53.4%
Capital expenditure
194
328
986
-40.8%
Free cash flow
142
394
529
-63.9%
Free cash flow margin
2.1%
5.6%
6.6%
Cash from investing
-314
-516
-1,092
Cash from financing
-168
-322
-663
Depreciation and amortisation
656
740
663
-11.4%
Share-based compensation
46.1
50.9
45.4
-9.4%
Buybacks
4.7
0.0
99.9
Dividends paid
92.3
91.7
91.9
+0.7%
Dividend per share
$0.34
$5.10
$5.10
-93.3%
Diluted shares, weighted
18m
18m
18m
+0.5%
Shares outstanding at period end
272m
18m
18m
+1,408.9%
Balance sheet
$ million
FY2014
FY2013
FY2012
On the year
Last 8 years
Shareholders' equity
2,725
3,909
4,905
-30.3%
Non-controlling interest
1.7
39.2
33.9
-95.7%
Debt
5,966
6,002
6,253
-0.6%
Other liabilities
4,499
4,183
4,617
+7.6%
Total liabilities and equity
13,191
14,133
15,809
-6.7%
Fixed assets
10,577
11,082
11,802
-4.6%
Securities held for sale or to maturity
0.0
0.0
4.8
Cash and equivalents
298
444
559
-32.9%
Receivables
563
558
738
+0.9%
Inventory
406
507
548
-19.8%
Other assets
1,346
1,542
2,158
-12.7%
Total assets
13,191
14,133
15,809
-6.7%
10-K for the year ended 31 December 2014, filed 25 February 2015: the filing.