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Income Statement
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Allied Waste Industries, LLC (AW)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-07Dec-31-06Dec-31-05Dec-31-04Dec-31-03Dec-31-02Dec-31-01Dec-31-00
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    Disposal    5,908.5 5,514.05,247.75,190.8 
    Western  1,435.31,351.21,265.41,191.61,211.5 14.382.4
    Central        1,381.5 
    Other  4,633.44,557.3 4,322.4   5,625.1
Total revenues  6,068.75,908.55,612.25,514.05,386.35,190.85,231.45,707.5
            Revenue growth   [+]2.7%5.3%1.8%2.4%3.8%-0.8%-8.3%70.8%
Cost of goods sold  3,787.13,786.43,654.63,514.63,325.53,039.12,964.23,367.6
Gross profit  2,281.62,122.11,957.61,999.42,060.82,151.72,267.22,339.9
            Gross margin  37.6%35.9%34.9%36.3%38.3%41.5%43.3%41.0%
Selling, general and administrative  631.9587.3510.2553.7480.1462.7434.7430.8
Equity in earnings        -14.1-50.8
EBITDA   [+]1,609.21,512.31,447.41,445.71,580.71,698.31,711.41,831.8
            EBITDA margin  26.5%25.6%25.8%26.2%29.3%32.7%32.7%32.1%
Depreciation  553.5557.7543.6559.3546.0478.5448.8450.8
EBITA  1,055.7954.6903.8886.41,034.71,219.81,262.61,381.0
            EBITA margin  17.4%16.2%16.1%16.1%19.2%23.5%24.1%24.2%
Amortization of intangibles        226.7223.2
EBIT   [+]1,055.7954.6903.8886.41,034.71,219.81,035.91,157.7
            EBIT margin  17.4%16.2%16.1%16.1%19.2%23.5%19.8%20.3%
Other income (expense), net  -538.4-563.4-583.1-758.9-832.9-854.0-837.9-776.6
Pre-tax income  517.3391.2320.7127.5201.8365.8198.0381.2
Income taxes  207.1235.3131.172.288.7165.6162.4237.5
            Tax rate  40.0%60.1%40.9%56.6%44.0%45.3%82.0%62.3%
Minority interest  0.40.1-0.2-2.71.91.93.76.0
Earnings from continuing ops  272.3112.9137.036.4-452.0120.4-41.10.0
Earnings from discontinued ops  -36.25.114.8-8.7-11.516.826.6 
Net income  236.1118.0151.827.7-463.5137.2-14.50.0
            Net margin  3.9%2.0%2.7%0.5%-8.6%2.6%-0.3%0.0%
   
Basic EPS   [+]$0.74$0.32$0.42$0.12($2.22)$0.63($216,772.15)$0.00
Diluted EPS   [+]$0.61$0.31$0.42$0.11($2.22)$0.62($216,772.15)$0.00
   
Shares outstanding (basic)   [+]368.8356.7326.9315.0203.8190.20.00.2
Shares outstanding (diluted)   [+]443.0359.3330.1319.7203.8193.50.0188.8
   
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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