COVANTA HOLDING CORPORATION CVA Income Statement

Covanta holding corporation (CVA)

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
OPERATING REVENUES:
Total operating revenue
1,870	1,868	1,752	1,699	1,645	1,682	1,630	1,643	1,650	1,583	1,384	1,401
OPERATING EXPENSES:
Plant operating expense
1,371	1,321	1,271	1,177	1,129	1,055	992	967	962	943	821	774
Other operating expense, net
64	65	51	86	73	101	97	157	140	120	48	65
General and administrative expense
122	115	112	100	93	97	82	78	84	103	109	97
Depreciation and amortization expense
221	218	215	207	198	211	209	194	193	190	197	192
Net Interest Expense On Project Debt
-	-	-	-	-	10	13	27	31	38	45	47
Impairment charges
2	86	2	20	43	64	-	-	-	-	-	-
Impairment charges
-	-	-	-	-	-	-	-	-	34	-	-
Net write-offs (gains)
-	-	-	-	-	-	15	-57	0	-	-	-8
Total operating expense
1,780	1,805	1,651	1,590	1,536	1,528	1,408	1,366	1,410	1,428	1,220	1,168
Operating loss
90	63	101	109	109	154	222	277	240	155	164	232
Other income (expense):
Investment income
-	-	-	-	-	1	0	1	1	1	2	3
Interest expense
143	145	147	138	134	135	118	94	67	45	38	46
Non-cash convertible debt related expense
-	-	-	-	-	13	28	25	25	39	24	17
Net gain on sale of business and investments
49	217	-6	44	0	0	-	-	-	-	-	-
Gain (Loss) on Extinguishment of Debt
0	-15	-84	0	-2	-2	-1	-3	-1	-15	-	0
Other expense, net
-	-	-	-	-	1	-	-	-	-	-	-
Other (expense) income, net
1	-3	1	-1	-1	-	4	3	-20	0	-	-
Total other (expense) income
-93	54	-236	-95	-137	150	143	118	112	98	60	61
(Loss) income before income tax benefit (expense) and equity in net income from unconsolidated investments
-3	117	-135	14	-28	4	79	159	128	57	104	170
Income Tax Expense (Benefit)
-7	-29	-191	22	-84	15	43	31	35	24	42	79
Equity in net income from unconsolidated investments
6	6	1	4	13	10	6	10	5	2	3	0
Income from continuing operations
-	-	-	-	-	-	42	138	98	35	65	92
(Loss) income from discontinued operations, net of income tax expense
-	-	-	-	-	-	-52	-20	129	36	46	43
Net income
10	152	57	-4	69	-1	-10	118	227	71	111	135
Less: Net income from discontinued operations attributable to noncontrolling interests in subsidiaries
-	-	-	-	-	-	-	-	3	4	5	3
Net Income (Loss) Attributable to Noncontrolling Interest
-	-	-	-	1	1	-	-	8	9	9	6
Less: Net loss (income) from continuing operations attributable to noncontrolling interests in subsidiaries
-	-	-	-	-	-	1	2	5	5	4	3
Net Income (Loss) Attributable to Parent
-	-	-	-	68	-2	-9	116	219	62	102	128
Weighted Average Common Shares Outstanding:
Basic
131	130	130	129	132	130	129	132	141	153	154	153
Diluted
133	132	131	129	133	130	130	133	142	154	155	154
Earnings Per Share:
Amounts Attributable to Covanta Holding Corporation stockholders:
Continuing operations
-	-	-	-	-	-	43	136	93	30	61	89
Discontinued operations
-	-	-	-	-	-	-52	-20	126	32	41	39
NET INCOME ATTRIBUTABLE TO COVANTA HOLDING CORPORATION
-	-	-	-	68	-	-9	116	219	62	102	128
Earnings Per Share [Abstract]
Basic
Continuing operations
-	-	-	-	-	-	0.33	1.03	0.66	0.19	0.39	0.58
Discontinued operations
-	-	-	-	-	-	-0.40	-0.15	0.89	0.21	0.27	0.26
Basic
0.07	1.17	0.44	-0.03	0.52	-0.01	-0.07	0.88	1.55	0.40	0.66	0.84
Diluted
Continuing operations
-	-	-	-	-	-	0.33	1.02	0.66	0.19	0.39	0.57
Discontinued operations
-	-	-	-	-	-	-0.40	-0.15	0.88	0.21	0.27	0.26
Diluted
0.07	1.15	0.44	-0.03	0.51	-0.01	-0.07	0.87	1.54	0.40	0.66	0.83
Cash Dividend Declared Per Share
1.00	1.00	1.00	1.00	1.00	0.86	0.66	0.60	0.30	1.50	-	0.00
Waste and service revenue
Total operating revenue
1,393	1,327	1,231	1,187	1,104	1,032	1,008	1,010	1,008	981	916	931
Energy revenue
Total operating revenue
329	343	334	370	421	460	431	394	400	420	417	401
Recycled metals revenue
Total operating revenue
86	95	82	61	61	93	73	72	74	55	-	-
Other operating revenue
Total operating revenue
62	103	105	81	59	97	118	167	168	127	51	69