CELANESE CORPORATION CE Income Statement

Celanese corporation (CE)

Income statement / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09	Dec'08	Dec'07
Net sales
6,297	7,155	6,140	5,389	5,674	6,802	6,510	6,418	6,763	5,918	5,082	6,823	6,444
Cost of sales
4,691	5,183	4,629	3,984	4,356	5,186	5,145	5,237	5,346	4,750	4,079	5,567	4,999
Gross profit
1,606	1,972	1,511	1,405	1,318	1,616	1,365	1,181	1,417	1,168	1,003	1,256	1,445
Selling, general and administrative expenses
483	546	496	378	506	758	311	830	805	598	474	545	516
Amortization of intangible assets
24	24	20	9	11	20	32	51	62	61	77	76	72
Research and development expenses
67	72	73	78	119	86	85	104	98	70	70	75	73
Other (charges) gains, net
203	-9	59	8	351	-15	158	14	48	46	136	108	58
Foreign exchange gain (loss), net
7	0	-1	-1	4	-2	-6	-4	0	-3	2	-4	2
Gain (loss) on disposition of businesses and assets, net
-2	-5	-5	3	-9	-7	735	-3	-2	8	42	-8	20
Operating profit (loss)
834	1,334	857	934	326	758	1,508	175	402	398	290	440	748
Equity in net earnings (loss) of affiliates
182	233	183	155	181	246	180	242	192	168	99	172	82
Non-operating pension and other postretirement employee benefit (expense) income
20	62	-44	41	-	-	-	-	-	-	-	-	-
Interest expense
115	125	122	120	119	147	172	185	221	204	207	261	262
Refinancing expense
-4	-1	0	-6	0	-29	-1	-3	-	-	-	-	-
Refinancing expense
-	-	-	-	-	-	-	1	3	16	0	0	256
Interest income
6	6	2	2	1	1	1	2	3	7	8	31	44
Dividend income - equity investments
113	117	108	108	107	116	93	85	80	73	57	48	116
Other income (expense), net
-8	8	3	-2	-8	-4	0	5	14	7	4	3	-25
Earnings (loss) from continuing operations before tax
988	1,510	1,075	1,030	488	941	1,609	321	467	433	251	433	447
Income tax (provision) benefit
124	292	213	122	201	314	508	-55	41	72	-243	63	110
Earnings (loss) from continuing operations
864	1,218	862	908	287	627	1,101	376	426	361	494	370	337
Earnings (loss) from operation of discontinued operations
-8	-5	-16	-3	-3	-11	0	-6	2	-80	6	-120	40
Gain (loss) on disposition of discontinued operations
0	0	0	0	0	0	0	0	0	2	0	6	52
Income tax (provision) benefit from discontinued operations
-2	0	-3	-1	-1	-4	0	-2	1	-29	2	-24	2
Earnings (loss) from discontinued operations
-6	-5	-13	-2	-2	-7	0	-4	1	-49	4	-90	90
Net earnings (loss)
858	1,213	849	906	285	620	1,101	372	427	312	498	280	427
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest
6	6	6	6	-	-	-	-	-	-	-	-	-
Net (earnings) loss attributable to noncontrolling interests
6	6	6	6	-19	-4	0	0	0	0	0	-1	1
Net earnings (loss) attributable to Celanese Corporation
852	1,207	843	900	304	624	1,101	372	427	312	498	281	426
Cumulative preferred stock dividends
-	-	-	-	-	-	-	-	-	3	10	10	10
Net earnings (loss) available to common stockholders
-	-	-	-	-	-	-	-	-	309	488	271	416
Amounts attributable to Celanese Corporation
Earnings (loss) from continuing operations
858	1,212	856	902	306	631	1,101	376	426	361	494	371	336
Earnings (loss) from discontinued operations
-6	-5	-13	-2	-2	-7	0	-4	1	-49	4	-90	90
Net Income (Loss) Attributable to Parent
852	1,207	843	900	304	624	1,101	372	427	312	498	281	426
Earnings (loss) per common share - basic
Continuing operations
6.93	9.03	6.21	6.22	2.03	4.07	6.93	2.37	2.72	2.31	3.37	2.44	2.11
Discontinued operations
-0.05	-0.04	-0.10	-0.01	-0.01	-0.04	0.00	-0.02	0.01	-0.31	0.03	-0.61	0.58
Net earnings (loss) - basic
6.88	8.99	6.11	6.21	2.02	4.03	6.93	2.35	2.73	2.00	3.40	1.83	2.69
Earnings (loss) per common share - diluted
Continuing operations
6.89	8.95	6.19	6.19	2.01	4.04	6.91	2.35	2.68	2.28	3.14	2.27	1.96
Discontinued operations
-0.05	-0.04	-0.10	-0.01	-0.01	-0.04	0.00	-0.02	0.01	-0.31	0.03	-0.55	0.53
Net earnings (loss) - diluted
6.84	8.91	6.09	6.18	2.00	4.00	6.91	2.33	2.69	1.97	3.17	1.72	2.49
Weighted average shares - basic
123	134	137	144	150	155	158	158	156	154	143	148	154
Weighted Average Number of Shares Outstanding, Diluted
124	135	138	145	152	156	159	159	158	158	157	163	171