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Linde (LIN) FY2016 results: revenue $10.5 billion

Linde plc (LIN) reported revenue of $10.5 billion for fiscal 2016, the year ended 31 December 2016. Net income was $1.5 billion, and diluted earnings per share $5.21. The figures are the company's own, from the 10-K it filed with the SEC on 18 March 2019.

Revenue
$10.5 billion
FY2016FY2016
Operating margin
21.3%
FY2016FY2016
Net income
$1.5 billion
FY2016FY2016
Diluted EPS
$5.21
FY2016FY2016

this yearthe year beforeHover a bar for its figure.

The year in brief

Income statement (profit and loss)

$ millionFY2016Last 8 years
Revenue10,534
Research and development92.0
Selling, general and administrative1,145
Operating income2,247
Operating margin21.3%
Interest expense208
Pre-tax income2,048
Income tax551
Effective tax rate26.9%
Net income1,500
Net margin14.2%
Diluted EPS$5.21
$ 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

$ millionFY2016Last 8 years
Operating cash flow2,789
Capital expenditure1,465
Free cash flow1,324
Free cash flow margin12.6%
Cash from investing-1,770
Cash from financing-659
Depreciation and amortisation1,122
Share-based compensation39.0
Buybacks228
Dividends paid856
Dividend per share$3.00
Diluted shares, weighted288m

Balance sheet

$ millionFY2016Last 8 years
Shareholders' equity5,441
Redeemable equity11.0
Fixed assets11,249
Goodwill3,117
Cash and equivalents524

10-K for the year ended 31 December 2016, filed 18 March 2019: the filing.