Alliant Energy (LNT) FY2016 results: revenue $3.3 billion, up 2.0% on the year
Alliant Energy Corp. (LNT) reported revenue of $3.3 billion for fiscal 2016, the year ended 31 December 2016, up 2.0% on the year before. Net income was $382 million, down 1.7%, and diluted earnings per share $1.64. The figures are the company's own, from the 10-K it filed with the SEC on 24 February 2017.
Revenue
$3.3 billion
+2.0% on the year
FY2009FY2016
Operating margin
16.7%
17.7% a year earlier
FY2009FY2016
Net income
$382 million
-1.7% on the year
FY2009FY2016
Diluted EPS
$1.64
-2.4% on the year
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
3,320
3,254
3,350
+2.0%
Operating income
554
577
544
-4.0%
Operating margin
16.7%
17.7%
16.2%
Interest expense
196
187
181
+4.9%
Pre-tax income
443
461
440
-3.9%
Income tax
59.4
70.4
44.3
-15.6%
Effective tax rate
13.4%
15.3%
10.1%
Net income
382
388
393
-1.7%
Net margin
11.5%
11.9%
11.7%
Diluted EPS
$1.64
$1.68
$1.73
-2.4%
$ 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
393
871
892
-54.9%
Capital expenditure
1,197
1,034
903
+15.7%
Free cash flow
-804
-163
-11.2
Free cash flow margin
-24.2%
-5.0%
-0.3%
Cash from investing
-720
-919
-918
Cash from financing
329
-3.1
73.2
Depreciation and amortisation
412
401
388
+2.6%
Share-based compensation
18.0
10.7
15.3
+68.2%
Dividends paid
266
247
226
+7.8%
Dividend per share
$1.18
$1.10
$1.02
+6.8%
Shares outstanding at period end
228m
227m
222m
+0.3%
Balance sheet
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Shareholders' equity
4,062
3,724
3,439
+9.1%
Non-controlling interest
n/a
200
202
Debt
4,564
3,995
3,909
+14.2%
Other liabilities
4,748
4,576
4,537
+3.8%
Total liabilities and equity
13,374
12,495
12,086
+7.0%
Fixed assets
10,279
9,519
8,938
+8.0%
Investments
338
346
345
-2.5%
Cash and equivalents
8.2
5.8
56.9
+41.4%
Receivables
493
398
427
+24.1%
Other assets
2,256
2,226
2,318
+1.3%
Total assets
13,374
12,495
12,086
+7.0%
10-K for the year ended 31 December 2016, filed 24 February 2017: the filing.