Financial Summary (All financials)
In millions, except per share items | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Sep-30-11 | Dec-31-10 | Sep-30-10 | Dec-31-09 |
Revenues | 9.8 | 9.6 | 9.8 | 22.7 | 14,086.2 | 23.3 | 12,863.5 | 12,657.0 |
Revenue growth | 2.4% | -2.3% | -56.9% | -2.4% | 9.5% | -99.8% | | 6.8% |
Cost of goods sold | 9.1 | 9.1 | 8.3 | 8.1 | 6,701.4 | 7.5 | 6,078.3 | 5,919.3 |
Gross profit | 0.7 | 0.5 | 1.5 | 14.7 | 7,384.9 | 15.8 | 6,785.1 | 6,737.7 |
Gross margin | 7.3% | 5.4% | 15.1% | 64.6% | 52.4% | 68.0% | 52.7% | 53.2% |
Sales and marketing | 0.2 | 0.2 | 0.2 | 0.2 | 188.1 | 0.2 | 184.7 | 144.1 |
General and administrative | 1.0 | 1.2 | 0.9 | 0.7 | 687.5 | 0.6 | 646.1 | 592.5 |
EBIT | -9.5 | -9.4 | -9.3 | -8.6 | 2,867.6 | -9.3 | 1,156.2 | 2,380.5 |
EBIT margin | -97.2% | -98.0% | -95.3% | -38.0% | 20.4% | -40.1% | 9.0% | 18.8% |
Pre-tax income | 2.5 | 2.2 | 2.5 | 2.7 | 2,661.7 | 0.8 | 836.7 | 1,989.3 |
Income taxes | -0.2 | -0.1 | -0.1 | 0.8 | 754.0 | 0.0 | -6.6 | 644.3 |
Tax rate | | | | 28.3% | 28.3% | | | 32.4% |
Net income | 2.7 | 2.3 | 2.6 | 1.9 | 1,907.8 | 0.8 | 843.3 | 1,345.1 |
Net margin | 27.5% | 24.1% | 26.5% | 8.4% | 13.5% | 3.6% | 6.6% | 10.6% |
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Diluted EPS | $1.52 | $1.13 | $1.09 | $0.75 | $0.75 | $0.34 | $0.34 | |
Shares outstanding (diluted) | 1.8 | 2.1 | 2.4 | 2.6 | 2,543.7 | 2.5 | 2,480.3 | |
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EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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