MGM Resorts International MGM Income Statement

Mgm resorts international (MGM)

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
Retail
-	-	-	-	-	191	194	196	204	194	207	261
Other
-	-	-	-	-	507	490	482	485	459	478	564
Total revenues, gross
-	-	-	-	-	10,848	10,564	9,901	8,532	6,689	6,676	7,884
Less: Promotional allowances
-	-	-	-	-	766	754	740	683	633	665	675
Revenues
12,899	11,763	10,797	9,478	9,179	10,081	9,809	9,160	7,849	6,056	6,010	7,208
Expenses
Retail
-	-	-	-	-	99	107	112	124	120	134	168
Other
-	-	-	-	-	361	354	344	345	333	284	350
General and administrative
2,101	1,764	1,559	1,378	1,309	1,318	1,278	1,239	1,182	1,128	1,100	1,278
Corporate expense
-464	-419	-356	-312	-274	-238	216	235	174	124	143	109
NV Energy exit expense
0	0	-40	139	0	0	-	-	-	-	-	-
Preopening and start-up expenses
7	151	118	140	71	39	13	2	-0	4	53	23
Property transactions, net
275	9	50	17	35	41	124	696	178	1,451	1,328	1,210
Gain on REIT transactions, net
2,677	0	0	-	-	-	-	-	-	-	-	-
Goodwill impairment
-	-	-	-	1,467	0	-	-	-	-	-	-
Gain on Borgata transaction
-	-	-	430	0	0	-	-	-	-	-	-
Gain on MGM China transaction
-	-	-	-	-	-	-	-	3,496	-	-	-
Depreciation and amortization
1,304	1,178	993	849	819	815	849	927	817	633	689	778
Total expenses
9,078	10,441	9,231	7,928	9,590	8,822	8,741	9,022	3,883	7,136	6,886	7,434
Income from unconsolidated affiliates
119	147	146	528	258	63	68	-16	91	-78	-88	96
Operating income
3,940	1,469	1,712	2,078	-152	1,323	1,137	121	4,057	-1,158	-963	-129
Non-operating income (expense)
Interest expense, net of amounts capitalized
847	769	668	694	797	817	857	1,116	1,086	1,113	775	609
Non-operating items from unconsolidated affiliates
62	47	34	53	76	87	208	130	-119	-108	-47	34
Other, net
-183	-18	-48	-72	-15	-7	-9	-608	-19	165	-226	104
Total non-operating income (expense)
-1,093	-835	-751	-820	-890	-912	-1,075	-1,855	-1,225	-1,057	-1,048	-539
Income before income taxes
2,846	634	960	1,257	-1,042	410	62	-1,734	2,831	-2,216	-2,012	-668
Provision for income taxes
632	50	-1,127	21	-5	283	20	-117	-403	-778	-720	186
Net income
2,214	583	2,088	1,235	-1,037	127	41	-1,616	3,234	-1,437	-1,291	-
Less: Net (income) loss attributable to noncontrolling interests
165	117	136	135	-591	277	213	150	120	-	-	-
Net income attributable to MGM Resorts International
2,049	466	1,952	1,100	-445	-149	-171	-1,767	3,114	-1,437	-1,291	-855
Net income per share of common stock attributable to MGM Resorts International
Basic
3.90	0.82	3.38	1.94	-0.82	-0.31	-0.35	-3.62	6.37	-3.19	-3.41	-3.06
Diluted
3.88	0.81	3.34	1.92	-0.82	-0.31	-0.35	-3.62	5.62	-3.19	-3.41	-3.06
Weighted average common shares outstanding
Basic
524	544	572	568	542	-	-	-	-	-	-	-
Diluted
527	549	578	573	542	-	-	-	-	-	-	-
Dividends declared per common share
-	-	-	-	0.00	-	-	-	-	-	-	-
Casino [Member]
Revenues
6,517	5,753	5,016	4,108	4,060	5,878	5,875	5,319	4,002	2,479	2,650	2,975
Expenses
3,623	3,199	2,673	2,213	2,363	3,643	3,684	3,396	2,515	1,422	1,491	1,618
Rooms [Member]
Revenues
2,322	2,212	2,152	2,003	1,834	1,768	1,646	1,588	1,547	1,370	1,385	1,907
Expenses
829	791	748	697	677	548	516	507	485	423	427	533
Food and Beverage [Member]
Revenues
2,145	1,959	1,871	1,727	1,648	1,558	1,469	1,472	1,425	1,339	1,362	1,582
Expenses
1,661	1,501	1,414	1,310	1,271	908	844	844	829	774	775	930
Entertainment, Retail and Other [Member]
Revenues
1,477	1,412	1,354	1,242	1,237	560	522	483	514	486	493	546
Expenses
1,051	999	954	901	901	422	386	356	375	360	358	384
Reimbursed Costs [Member]
Revenues
436	425	402	397	398	383	364	357	351	359	99	47
Expenses
436	425	402	397	398	383	364	357	351	359	99	47