Interpublic group of companies, inc. (IPG)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08
REVENUE:
Net revenue

8,625

8,031

7,473

7,452

-

-

-

-

-

-

-

-

Billable expenses

1,596

1,682

1,574

1,603

-

-

-

-

-

-

-

-

Total revenue

10,221

9,714

9,047

9,056

7,613

7,537

7,122

6,956

7,014

6,507

6,007

6,962

OPERATING EXPENSES:
Salaries and related expenses

5,568

5,298

4,990

4,942

4,854

4,820

4,545

4,391

4,402

4,117

3,961

4,342

Office and other direct expenses

1,564

1,355

1,269

1,274

1,884

1,928

1,917

1,887

1,924

1,841

1,700

2,013

Billable expenses

1,596

1,682

1,574

1,603

-

-

-

-

-

-

-

-

Cost of services

8,729

8,336

7,834

7,821

-

-

-

-

-

-

-

-

Selling, general and administrative expenses

93

166

118

138

-

-

-

-

-

-

-

-

Depreciation and amortization

278

202

157

160

-

-

-

-

-

-

-

-

Restructuring charges

33

0

-0

-

-

-

60

-1

1

-

4

17

Total operating expenses

9,135

8,705

8,109

8,119

6,739

6,748

6,524

6,277

6,327

5,958

5,666

6,373

OPERATING INCOME

1,086

1,008

938

936

874

788

598

678

687

548

341

589

EXPENSES AND OTHER INCOME:
Interest expense

199

123

90

90

85

84

122

133

136

139

155

211

Interest income

34

21

19

20

22

27

24

29

37

28

35

90

Other Nonoperating Income (Expense)

-42

-69

-26

-40

-49

-10

-32

100

150

12

11

3

Total (expenses) and other income

-207

-170

-97

-110

-112

-67

-130

-3

51

-98

-108

-118

Income before income taxes

878

838

840

825

762

720

468

674

738

450

232

471

Provision for income taxes

204

199

271

196

282

216

181

213

190

171

90

156

Income of consolidated companies

673

638

569

628

479

504

286

461

548

279

142

314

Equity in net income (loss) of unconsolidated affiliates

0

-1

0

0

1

1

2

3

3

1

1

3

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

673

637

570

629

480

505

288

464

551

281

143

318

Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest

17

18

16

24

25

28

21

17

19

20

22

23

NET INCOME AVAILABLE TO IPG COMMON STOCKHOLDERS

656

618

554

605

454

477

267

446

532

261

121

295

Dividends on preferred stock

-

-

-

-

-

-

8

11

11

15

27

27

Benefit from preferred stock repurchased

-

-

-

-

-

-

-

-

-

-25

0

0

Allocation to participating securities

-

-

-

-

-

-

-

-

-

-

0

2

NET INCOME AVAILABLE TO IPG COMMON STOCKHOLDERS

-

-

-

-

-

-

259

435

520

271

93

265

Earnings Per Share [Abstract]
Earnings per share, Basic

1.70

1.61

1.42

1.52

1.11

1.14

0.62

1.01

1.12

0.57

0.20

0.57

Earnings per share, Diluted

1.68

1.59

1.40

1.48

1.09

1.12

0.61

0.94

0.99

0.47

0.19

0.52

Weighted-average number of common shares outstanding:
Weighted-average number of common shares outstanding, Basic

386

383

389

397

408

419

421

432

465

473

468

461

Weighted-average number of common shares outstanding, Diluted

391

389

397

408

415

425

429

481

540

542

508

518

Dividends declared per common share

-

-

-

-

0.48

0.38

0.30

0.24

0.24

0.00

0.00

-