Coeur Mining (CDE) FY2015 results: revenue $561 million, down 11.7% on the year
Coeur Mining, Inc. (CDE) reported revenue of $561 million for fiscal 2015, the year ended 31 December 2015, down 11.7% on the year before. Net income was -$367 million, and diluted earnings per share $-2.83. The figures are the company's own, from the 10-K it filed with the SEC on 9 February 2017.
Revenue
$561 million
-11.7% on the year
FY2008FY2015
Operating margin
-121.0%
-321.5% a year earlier
FY2008FY2015
Net income
-$367 million
FY2008FY2015
Diluted EPS
-$2.83
FY2008FY2015
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Revenue
561
636
746
-11.7%
Cost of revenue
404
478
464
-15.5%
Gross profit
158
158
49.5
-0.1%
Gross margin
28.1%
24.8%
6.6%
Operating income
-679
-2,044
-845
Operating margin
-121.0%
-321.5%
-113.3%
Interest expense
45.0
47.5
41.3
-5.4%
Pre-tax income
-317
-1,615
-809
Income tax
-29.1
-428
-158
Net income
-367
-1,187
-651
Net margin
-65.4%
-186.7%
-87.2%
Diluted EPS
-$2.83
-$11.59
-$6.65
$ 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
FY2015
FY2014
FY2013
On the year
Last 8 years
Operating cash flow
114
53.5
114
+112.0%
Capital expenditure
89.0
64.2
101
+38.5%
Free cash flow
24.6
-10.7
13.2
Free cash flow margin
4.4%
-1.7%
1.8%
Cash from investing
-211
-81.7
-186
Cash from financing
29.0
93.0
154
-68.8%
Depreciation and amortisation
126
162
230
-22.5%
Share-based compensation
9.3
9.3
4.8
-0.2%
Buybacks
0.0
0.0
27.6
Diluted shares, weighted
130m
102m
98m
+26.5%
Balance sheet
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Shareholders' equity
421
554
1,731
-24.0%
Debt
480
451
309
+6.4%
Other liabilities
431
431
847
-0.0%
Total liabilities and equity
1,332
1,437
2,886
-7.2%
Fixed assets
196
228
486
-14.0%
Investments
n/a
n/a
0.0
Cash and equivalents
158
240
207
-34.0%
Receivables
86.0
108
81.1
-20.3%
Inventory
81.7
115
132
-28.9%
Other assets
810
746
1,980
+8.7%
Total assets
1,332
1,437
2,886
-7.2%
10-K for the year ended 31 December 2015, filed 9 February 2017: the filing.