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Income Statement
Expand All numbers in thousands
Get access to 40+ years of historical data with Yahoo Finance Plus Essential. Learn more
BreakdownTTM12/31/202212/31/202112/31/202012/31/2019
Total Revenue
3,126,534
3,126,534
2,764,584
1,778,388
1,128,921
Cost of Revenue
1,685,412
1,685,412
1,355,984
970,169
633,697
Gross Profit
1,441,122
1,441,122
1,408,600
808,219
495,224
Operating Expense
1,972,010
1,972,010
1,173,500
828,472
560,283
Operating Income
-530,888
-530,888
235,100
-20,253 -65,059
Net Non-Operating Interest Income Expense
-5,161
-5,161
-2,980
-3,432
-2,366
Other Income Expense
43,766 43,766 4,467
5,233
6,506
Pretax Income
-492,283
-492,283
236,587
-18,452 -60,919
Tax Provision
5,722
5,722
-5,798
-945
-982
Net Income Common Stockholders
-498,005
-498,005
242,385
-17,507 -59,937
Diluted NI Available to Com Stockholders
-498,005
-498,005
242,385
-17,507
-59,937
Total Operating Income as Reported
-530,888
-530,888
235,100
-20,253 -65,059
Total Expenses
3,657,422
3,657,422
2,529,484
1,798,641
1,193,980
Net Income from Continuing & Discontinued Operation
-498,005
-498,005
242,385
-17,507 -59,937
Normalized Income
-498,005
-498,005
242,385
-17,507 -59,937
Interest Expense
5,161
5,161
2,980
3,432
2,366
Net Interest Income
-5,161
-5,161
-2,980
-3,432
-2,366
EBIT
-487,122
-487,122
239,567
-15,020 -58,553
EBITDA -382,964
-
-
-
-
Reconciled Cost of Revenue
1,685,412
1,685,412
1,355,984
970,169
633,697
Reconciled Depreciation
104,158
104,158
73,645 87,341 15,669
Net Income from Continuing Operation Net Minority Interest
-498,005
-498,005
242,385
-17,507 -59,937
Total Unusual Items Excluding Goodwill
0
-
-
-
0
Total Unusual Items
0
-
-
-
0
Normalized EBITDA
-382,964
-382,964
313,212
72,321 -42,884
Tax Rate for Calcs
0
0
0
0
0
Tax Effect of Unusual Items
0
0
0
0
0
Balance Sheet
Expand All numbers in thousands
Get access to 40+ years of historical data with Yahoo Finance Plus Essential. Learn more
Breakdown12/31/202212/31/202112/31/202012/31/2019
Total Assets
4,412,601
4,082,145
2,270,542
1,470,234
Total Liabilities Net Minority Interest
1,766,045
1,315,539
942,527
771,808
Total Equity Gross Minority Interest
2,646,556
2,766,606
1,328,015
698,426
Total Capitalization
2,646,556
2,846,591
1,417,883
793,168
Common Stock Equity
2,646,556
2,766,606
1,328,015
698,426
Capital Lease Obligations
584,651
394,724
307,936
301,694
Net Tangible Assets
2,133,390
2,520,961
1,192,776
547,642
Working Capital1,881,606
2,324,888
1,177,319
567,362
Invested Capital2,726,541
2,856,474
1,422,757
798,034
Tangible Book Value
2,133,390
2,520,961
1,192,776
547,642
Total Debt
664,636
484,592
402,678
401,302
Share Issued
140,027
135,137
128,004
119,897
Ordinary Shares Number
140,027
135,137
128,004
119,897
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South Sea Baubles has the following (incomplete) balance sheet and income statement.
BALANCE SHEET AT END OF YEAR
(Figures in $ millions)
2019
Assets
2018
Liabilities and Shareholders' Equity 2018
2019
Current assets
$ 102 $
200 Current liabilities
$ 74 $ 96
Net fixed assets
920
1,020 Long-term debt
660
870
INCOME STATEMENT, 2019
(Figures in S millions)
$ 2,010
1,090
410
Revenue
Cost of goods sold
Depreciation
Interest expense
252
a&b. What is shareholders' equity in 2018 and 2019?
c&d. What is net working capital in 2018 and 2019?
e. What are taxes paid in 2019? Assume the firm pays taxes equal to 21% of taxable income.
f. What is cash provided by operations during 2019?
g. Net fixed assets increased from $920 million to $1,020 million during 2019. What must have been South Sea's gross investment in
fixed assets during 2019?
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The following data are from annual reports of Jen's Jewelry Company:
2021
2020
2019
Total assets
$ 60,700
$ 52,000
11,100
$ 41,000
Total liabilities
Total stockholders' equity
Sales revenue
14,600
46,100
163,900
51,900
6,500
34,500
132,400
24,300
40,900
150,300
40,600
Net income
Compute Jen's net profit margin ratio for each year. (Round your answers to 2 decimal places.)
Year
Net Profit Margin Ratio
2021
2020
2019
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Information pertaining to Noskey Corporation's sales revenue follows:
November 2021
(Actual)
$ 180,000
December 2021
(Budgeted)
$ 160,000
500,000
January 2022
(Budgeted)
Cash sales
000'09
$ 540,000
Credit sales
$ 360,000
000'09
Total sales
000'099 2$
Management estimates 5% of credit sales to be uncollectible. Of collectible credit sales, 60% is collected in the month of sale and the
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Interest expense
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Student name:
Date:
ACTUAL
FORECAST
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Next Year
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Cost of Revenue
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Gross Profit
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Operating Expenses:
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