Coeur Mining (CDE) FY2016 results: revenue $572 million, up 1.9% on the year
Coeur Mining, Inc. (CDE) reported revenue of $572 million for fiscal 2016, the year ended 31 December 2016, up 1.9% on the year before. Net income was $55 million, and diluted earnings per share $0.34. The figures are the company's own, from the 10-K it filed with the SEC on 9 February 2017.
Revenue
$572 million
+1.9% on the year
FY2009FY2016
Operating margin
-48.3%
-121.0% a year earlier
FY2009FY2016
Net income
$55 million
FY2009FY2016
Diluted EPS
$0.34
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
572
561
636
+1.9%
Cost of revenue
335
404
478
-17.0%
Gross profit
237
158
158
+50.1%
Gross margin
41.4%
28.1%
24.8%
Operating income
-276
-679
-2,044
Operating margin
-48.3%
-121.0%
-321.5%
Interest expense
36.9
45.0
47.5
-17.9%
Pre-tax income
-10.8
-317
-1,615
Income tax
-33.2
-29.1
-428
Net income
55.4
-367
-1,187
Net margin
9.7%
-65.4%
-186.7%
Diluted EPS
$0.34
-$2.83
-$11.59
$ 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
126
114
53.5
+10.8%
Capital expenditure
94.4
89.0
64.2
+6.1%
Free cash flow
31.4
24.6
-10.7
+27.9%
Free cash flow margin
5.5%
4.4%
-1.7%
Cash from investing
-77.5
-211
-81.7
Cash from financing
-80.2
29.0
93.0
Depreciation and amortisation
117
126
162
-7.5%
Share-based compensation
9.7
9.3
9.3
+4.8%
Buybacks
n/a
0.0
0.0
Diluted shares, weighted
163m
130m
102m
+26.1%
Balance sheet
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Shareholders' equity
768
421
554
+82.3%
Debt
199
480
451
-58.6%
Other liabilities
352
431
431
-18.4%
Total liabilities and equity
1,319
1,332
1,437
-1.0%
Fixed assets
193
196
228
-1.3%
Cash and equivalents
118
158
240
-25.3%
Receivables
53.4
86.0
108
-37.9%
Inventory
93.4
81.7
115
+14.3%
Other assets
860
810
746
+6.2%
Total assets
1,319
1,332
1,437
-1.0%
10-K for the year ended 31 December 2016, filed 9 February 2017: the filing.