SXCP
SunCoke Energy Partners, L.P.

Market cap $839.02M
Enterprise value $1.6557B
Employees 565
Revenue $846M
EBITDA $225M
Income -$25.2M
EPS -0.55
P/E N/A
Forward P/E 9.92
EV/EBITDA 7.37
PEG 0.74
Earnings date 2018-04-18
Volume 125k / 231k
Relative vol. 0.54 ×
Profit margin -2.98%
Oper. margin 16.69%
Gross margin 30.62%
Sales Q/Q 20.35%
Sales Y/Y 0.72%
Est. EPS Q/Q -12.82%
Beta 1.60
Mean Recomm. 2.70
IPO year 2013
Country United States
RSI 27.27
Range $18.15 – $18.45
52 weeks $13.50 – $21.95
SMA 50 $19 +6.50%
SMA 200 $18 -2.02%
1 year target $22 +21.21%

Intraday

5 days

1 month

3 months

6 months

1 year

5 years

10 years

All time

Wednesday, 31 January 2018
-2.17%
accesswire
SunCoke Energy Partners LP to Host Earnings Call
ap
SunCoke posts 4Q profit
prnewswire
SunCoke Energy Partners, L.P. Announces Full-Year 2017 Results Above Guidance Range And Provides Guidance For Strong Full-Year 2018 Performance
prnewswire
SunCoke Energy, Inc. Announces Full-Year 2017 Results At Top End Of Guidance Range And Provides Guidance For Further Improvement In 2018
simplywall.st
What Investors Should Know About SunCoke Energy Partners LP’s Financial Strength
Monday, 22 January 2018
+6.00%
prnewswire
SunCoke Energy Partners, L.P. Declares Distribution Of $0.5940 Per Unit
Tuesday, 16 January 2018
-1.28%
marketrealist
Top MLP Gainers in the Week Ending January 12
Wednesday, 10 January 2018
+3.01%
prnewswire
SunCoke Energy, Inc. Announces Fourth Quarter 2017 Earnings Date
prnewswire
SunCoke Energy Partners, L.P. Announces Fourth Quarter 2017 Earnings Date
Tuesday, 26 December 2017
-0.28%
zacks
Top Ranked Income Stocks to Buy for December 26th
Thursday, 21 December 2017
+2.05%
zacks
Top Ranked Income Stocks to Buy for December 21st
Wednesday, 20 December 2017
+0.29%
zacks
Helix Energy's Siem Helix 2 to Begin Work for Petrobras
Tuesday, 19 December 2017
-0.88%
zacks
ExxonMobil, BHP Billiton to Terminate Marketing JV in 2019
zacks
Eni to Dispose of Gas Distribution Business in Hungary
Monday, 18 December 2017
-0.87%
zacks
BP and Lightsource Collaborate on Solar Power Development
Friday, 15 December 2017
-0.29%
zacks
SunCoke Energy Partners Terminal to Manage More Cargo
Thursday, 14 December 2017
-0.58%
prnewswire
SunCoke Energy Partners, L.P. Announces Pricing Of Private $70 Million Debt Offering
prnewswire
SunCoke Energy Partners, L.P. Announces Commencement Of Private $70 Million Debt Offering
Wednesday, 13 December 2017
-0.58%
zacks
BP Awards $800M Contract to Petrofac for CPF at Khazzan
prnewswire
SunCoke Energy Partners, L.P. Secures Barge Unloading Capabilities At Its Convent Marine Terminal
Monday, 11 December 2017
-0.29%
zacks
Top Ranked Income Stocks to Buy for December 11th
Monday, 4 December 2017
-0.87%
globenewswire
Analysis: Positioning to Benefit within Emerson Electric, Puma Biotechnology, Amgen, SunCoke Energy Partners, Carrols Restaurant Group, and First Financial — Research Highlights Growth, Revenue, and Consolidated Results
Saturday, 2 December 2017
simplywall.st
Is It The Right Time To Buy SunCoke Energy Partners LP ?
Friday, 24 November 2017
+0.58%
zacks
Is SunCoke Energy Partners a Great Stock for Value Investors?
Friday, 10 November 2017
+0.00%
nasdaq
Energy Market Commentary: Oil Prices Consolidating On OPEC Expectations
reuters
SunCoke Energy elects Michael G. Rippey as CEO
prnewswire
SunCoke Energy, Inc. Elects Michael G. Rippey As Chief Executive Officer And President; Frederick A. Henderson To Retire
prnewswire
SunCoke Energy Partners, L.P. Names Michael G. Rippey As Chairman, Chief Executive Officer And President; Frederick A. Henderson To Retire
reuters
BRIEF-Suncoke energy names Michael Rippey CEO
Thursday, 9 November 2017
+0.00%
zacks
Natural Resource's Q3 Earnings Miss, Revenues Beat
zacks
Natural Resource's Q3 Earnings Miss, Revenues Beat
Wednesday, 8 November 2017
-0.84%
seekingalpha
Are Buybacks Becoming Mainstream For Midstream?
Tuesday, 7 November 2017
+0.28%
nasdaq
Enbridge Energy Q3 Earnings Miss, Revenues Fall Y/Y
Monday, 6 November 2017
+0.28%
nasdaq
Enterprise Products Misses Earnings Estimates in Q3
Thursday, 26 October 2017
-0.55%
ap
SunCoke posts 3Q profit
reuters
Suncoke Energy Partners, L.P. qtrly ‍net income per common unit $0.45​
prnewswire
SunCoke Energy Partners, L.P. Announces Strongest Ever Quarterly Operating Performance With Third Quarter 2017 Results
Monday, 9 October 2017
+1.16%
prnewswire
SunCoke Energy Partners, L.P. Announces Third Quarter 2017 Earnings Date
Tuesday, 3 October 2017
-1.72%
yahoo video
Cramer's lightning round: Promotional activity works for ...
Friday, 25 August 2017
+0.58%
zacks
Implied Volatility Surging for SunCoke Energy, Inc. Stock Options
Tuesday, 15 August 2017
-1.80%
prnewswire
SunCoke Energy Partners GP LLC Announces Changes To Its Board Of Directors
prnewswire
SunCoke Energy, Inc. Announces Addition Of Susan R. Landahl To The Board Of Directors
Thursday, 10 August 2017
-5.22%
nasdaq
SunCoke Energy Partners, LP Ex-Dividend Date Scheduled for August 11, 2017
Monday, 7 August 2017
-0.82%
thestreet
SunCoke Energy Doesn't Look Very Sunny
realmoney.thestreet
Downgrade, Charts in Agreement on SunCoke Energy
Thursday, 27 July 2017
-1.89%
reuters
Suncoke Energy Partners qtrly ‍net loss attributable to co $12.9 mln
Thursday, 27 July 2017
-1.89%
reuters
SunCoke Energy Inc Q2 loss per share $0.38
Tuesday, 27 June 2017
+0.00%
nasdaq
Mid-Afternoon Market Update: NASDAQ Down 1.1%; Handy & Harman Shares Spike Higher
nasdaq
Statoil's Operations to Have Spinoffs in North Norway
Monday, 26 June 2017
-1.15%
nasdaq
Eni Sails Out First LNG Shipment from Jangkrik Field
Friday, 23 June 2017
-0.29%
nasdaq
Eni Fortifies Position in Kazakhstan with Strategic Tie-Ups
Thursday, 22 June 2017
+1.47%
nasdaq
Statoil's PDO of Njord and Bauge Gets Green Signal
Wednesday, 21 June 2017
+0.00%
nasdaq
Eni Expands Footprint in Mexico with New Block Wins
Monday, 19 June 2017
-0.58%
seekingalpha
SunCoke Energy Partners: Surprisingly, The 14.1% Yield Is Sustainable
Friday, 16 June 2017
+0.59%
nasdaq
BP, Reliance to Invest $6 Billion in Gas Blocks in India
Thursday, 15 June 2017
-3.13%
nasdaq
ExxonMobil Achieves Success with Production Test on Muruk 1
Monday, 5 June 2017
+0.88%
nasdaq
Williams Partners Issues Redemption of 4.875% Senior Notes
Thursday, 1 June 2017
+2.09%
nasdaq
Kinder Morgan Concludes its Initial Public Offering
Tuesday, 30 May 2017
-2.04%
nasdaq
Eni, Fincantieri to Form Research & Development Partnership
Thursday, 25 May 2017
-2.33%
reuters
BRIEF-Suncoke Energy Partners, co's units, others amended credit agreement
reuters
Suncoke Energy Partners, co's units, others amended credit agreement
Friday, 19 May 2017
+2.87%
reuters
Suncoke Energy Partners, L.P. pricing of downsized private $630 million debt offering
Saturday, 6 May 2017
seekingalpha
Dividend Stock Yields 15%, Attractive Valuations And Upside Potential, Goes Ex ...
Thursday, 20 April 2017
+10.39%
zacks
SunCoke Energy Beats on Q1 Earnings, Revenues Miss
reuters
Suncoke Energy posts Q1 earnings per share $0.02
Friday, 7 April 2017
-0.32%
fool
Why SunCoke Energy, Inc. Shares Dropped 11% in March and SunCoke Energy ...
Friday, 10 February 2017
+6.59%
nasdaq
SunCoke Energy Partners, LP Ex-Dividend Date Scheduled for February 13 ...
Wednesday, 1 February 2017
+1.22%
zacks
Is SunCoke Energy a Great Stock for Value Investors?
Thursday, 26 January 2017
-3.78%
reuters
Suncoke Energy Partners qtrly net income per common unit $0.78
reuters
Suncoke Energy Inc announces fourth quarter results
Tuesday, 24 January 2017
+2.73%
reuters
SunCoke Energy Partners L.P. issues statement regarding MLP qualifying income status
Monday, 23 January 2017
+0.28%
fool
Is There Any Growth Left for SunCoke Energy, Inc. and SunCoke Energy Partners ...
reuters
Suncoke Energy Partners issues statement regarding MLP qualifying income regulations
Monday, 12 December 2016
-6.19%
fool
Why Steel Industry Suppliers SunCoke Energy, Cliffs Natural Resources, and ...
Monday, 5 December 2016
+0.72%
reuters
BRIEF-Foxhill Capital Partners sends letter to SunCoke Energy
Wednesday, 30 November 2016
-1.49%
reuters
Capital Family Holdings offer from SXC to acquire SXCP is deeply inadequate
Monday, 7 November 2016
+0.00%
seekingalpha
An Analysis Of The Proposed Purchase Of SunCoke Energy Partners By SunCoke ...
Monday, 31 October 2016
-1.14%
reuters
SunCoke Energy proposes to acquire all publicly traded common units of SunCoke Energy Partners
Thursday, 20 October 2016
+0.30%
reuters
Suncoke Energy Partners reports Q3 revenue of $185.5 mln
Tuesday, 18 October 2016
+0.97%
reuters
SunCoke Energy declares distribution of $0.5940 per unit
Thursday, 6 October 2016
-1.65%
reuters
SunCoke Energy preliminary Q3 2016 take-or-pay deferred revenue is estimated to be $8.8 million
Thursday, 28 July 2016
-3.93%
reuters
Suncoke Energy Partners reports Q2 revenue $181.4 mln
Tuesday, 5 July 2016
+3.85%
reuters
Suncoke Energy says adjusted EBITDA will no longer include coal logistics deferred revenue
Thursday, 28 January 2016
-0.26%
reuters
SunCoke Energy Partners LP gives FY 2016 EBITDA guidance
Monday, 25 January 2016
-6.36%
reuters
SunCoke Energy Partners LP declares distribution of $0.5940 per unit
Friday, 23 October 2015
-2.24%
seekingalpha
SunCoke Energy Partners LP: Is The Yield Too Good To Be True?
Monday, 12 October 2015
-1.89%
reuters
SunCoke Energy Partners LP raises FY 2015 EBITDA guidance
Friday, 9 October 2015
+6.24%
reuters
SunCoke Energy Partners, L.P increases quarterly cash distribution
Tuesday, 21 July 2015
+6.57%
reuters
SunCoke Energy Partners L.P. to acquire gulf coast coal export hub and declares dividend
Friday, 18 January 2013
-3.95%
marketwatch
17.90
Thursday, 8 March 2012
nasdaq
SunCoke Energy Partners, LP Common Units Representing Limited partner ...
Sunday, 15 May 2011
marketwatch
10.67
Date
#
Company
Insider Title
Trans.
Transaction
Shares Price per share Total price Shares after Source
2018-01-05 Coal & Coke Llc Sun
10% owner
10% owner Buy 36,616 $17.65 $646,272
2018-01-05
28,391,062
2018-01-02 Coal & Coke Llc Sun
10% owner
10% owner Buy 51,059 $17.69 $903,234
2018-01-02
28,354,446
2017-12-28 Coal & Coke Llc Sun
10% owner
10% owner Buy 34,659 $17.60 $609,998
2017-12-28
28,303,387
2017-12-26 Coal & Coke Llc Sun
10% owner
10% owner Buy 30,100 $17.68 $532,168
2017-12-26
28,268,728
2017-12-21 Coal & Coke Llc Sun
10% owner
10% owner Buy 30,900 $17.39 $537,351
2017-12-21
28,238,628
2017-12-19 Coal & Coke Llc Sun
10% owner
10% owner Buy 34,000 $17.03 $579,020
2017-12-19
28,207,728
2017-12-14 Coal & Coke Llc Sun
10% owner
10% owner Buy 56,355 $17.10 $963,671
2017-12-14
28,173,728
2017-12-12 Coal & Coke Llc Sun
10% owner
10% owner Buy 39,869 $17.10 $681,760
2017-12-12
28,117,373
2017-12-08 Coal & Coke Llc Sun
10% owner
10% owner Buy 33,909 $17.09 $579,505
2017-12-08
28,077,504
2017-12-06 Coal & Coke Llc Sun
10% owner
10% owner Buy 42,267 $17.00 $718,539
2017-12-06
28,043,595
2017-12-01 Coal & Coke Llc Sun
10% owner
10% owner Buy 61,408 $17.15 $1,053,147
2017-12-01
28,001,328
2017-11-28 Coal & Coke Llc Sun
10% owner
10% owner Buy 57,168 $17.22 $984,433
2017-11-28
27,939,920
2017-11-22 Coal & Coke Llc Sun
10% owner
10% owner Buy 57,751 $17.16 $991,007
2017-11-22
27,882,752
2017-11-21 Coal & Coke Llc Sun
10% owner
10% owner Buy 17,105 $17.22 $294,548
2017-11-21
27,825,001
2017-11-16 Coal & Coke Llc Sun
10% owner
10% owner Buy 50,039 $17.05 $853,165
2017-11-16
27,807,896
2017-11-14 Coal & Coke Llc Sun
10% owner
10% owner Buy 32,211 $16.88 $543,722
2017-11-14
27,757,857
2017-11-09 Coal & Coke Llc Sun
10% owner
10% owner Buy 41,119 $17.69 $727,395
2017-11-09
27,725,646
2017-11-07 Coal & Coke Llc Sun
10% owner
10% owner Buy 28,200 $17.89 $504,498
2017-11-07
27,684,527
2017-11-02 Coal & Coke Llc Sun
10% owner
10% owner Buy 35,600 $17.90 $637,240
2017-11-02
27,656,327
2017-10-31 Coal & Coke Llc Sun
10% owner
10% owner Buy 19,876 $17.98 $357,370
2017-10-31
27,620,727
2017-10-26 Coal & Coke Llc Sun
10% owner
10% owner Buy 23,127 $17.97 $415,592
2017-10-26
27,600,851
2017-10-24 Coal & Coke Llc Sun
10% owner
10% owner Buy 18,284 $17.82 $325,821
2017-10-24
27,577,724
2017-10-19 Coal & Coke Llc Sun
10% owner
10% owner Buy 25,081 $17.76 $445,439
2017-10-19
27,559,440
2017-10-17 Coal & Coke Llc Sun
10% owner
10% owner Buy 16,700 $17.78 $296,926
2017-10-17
27,534,359
2017-10-12 Coal & Coke Llc Sun
10% owner
10% owner Buy 27,605 $17.61 $486,124
2017-10-12
27,517,659
2017-10-10 Coal & Coke Llc Sun
10% owner
10% owner Buy 16,525 $17.54 $289,849
2017-10-10
27,490,054
2017-10-05 Coal & Coke Llc Sun
10% owner
10% owner Buy 30,156 $17.31 $522,000
2017-10-05
27,473,529

Notable SEC filings of SunCoke Energy Partners, L.P.

Date Contents
Source
2017-11-13 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers; Financial Statements and Exhibits
2017-10-26 10-Q Quarterly report
2017-10-26 8-K Results of Operations and Financial Condition; Regulation FD Disclosure; Financial Statements and Exhibits
2017-10-17 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year; Financial Statements and Exhibits
2017-09-27 8-K Regulation FD Disclosure; Financial Statements and Exhibits
2017-08-15 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers; Regulation FD Disclosure; Financial Statements and Exhibits
2017-07-27 10-Q Quarterly report
2017-07-27 8-K Results of Operations and Financial Condition; Regulation FD Disclosure; Financial Statements and Exhibits
2017-07-18 8-K Other Events; Financial Statements and Exhibits
2017-05-25 8-K Entry into a Material Definitive Agreement; Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant; Other Events; Financial Statements and Exhibits
2017-05-16 8-K Regulation FD Disclosure; Financial Statements and Exhibits
2017-04-25 10-Q Quarterly report
2017-04-20 8-K Results of Operations and Financial Condition; Regulation FD Disclosure; Other Events; Financial Statements and Exhibits
2017-02-16 10-K Yearly report
2017-01-26 8-K Results of Operations and Financial Condition; Regulation FD Disclosure; Other Events; Financial Statements and Exhibits
2017-01-20 8-K Other Events; Financial Statements and Exhibits
2016-10-31 8-K Other Events; Financial Statements and Exhibits
2016-10-25 10-Q Quarterly report
2016-10-20 8-K Results of Operations and Financial Condition; Regulation FD Disclosure; Other Events; Financial Statements and Exhibits
2016-10-06 8-K Regulation FD Disclosure
2016-07-29 10-Q Quarterly report
2016-07-28 8-K Results of Operations and Financial Condition; Regulation FD Disclosure; Other Events; Financial Statements and Exhibits
2016-04-27 10-Q Quarterly report
2016-04-27 8-K Results of Operations and Financial Condition; Regulation FD Disclosure; Other Events; Financial Statements and Exhibits
2016-02-18 10-K Yearly report
2016-01-28 8-K Results of Operations and Financial Condition; Regulation FD Disclosure; Other Events; Financial Statements and Exhibits

SunCoke Partners, L.P executives

Insider Title Age Since Compensation
Fay West (47)
Chief Financial Officer, Senior Vice President of the General Partner since 2014
Chief Financial Officer, Senior Vice President of the General Partner 47 2014 $1,208,110
Katherine Gates (40)
Senior Vice President, Chief Compliance Officer, General Counsel since 2015
Senior Vice President, Chief Compliance Officer, General Counsel 40 2015 $741,060
Phillip Hardesty (54)
Senior Vice President - Sales and Commercial Operations, Director since 2015
Senior Vice President - Sales and Commercial Operations, Director 54 2015 $667,067
Gary Yeaw (59)
Senior Vice President of Human Resources since 2015
Senior Vice President of Human Resources 59 2015 $355,379
Nancy Snyder (62)
Independent Director of the General Partner since 2013
Independent Director of the General Partner 62 2013
Wayne Moore (59)
Independent Director of the General Partner since 2013
Independent Director of the General Partner 59 2013
C. Scott Hobbs (63)
Independent Director of the General Partner since 2013
Independent Director of the General Partner 63 2013
Allison Lausas (37)
Vice President, Controller since 2014
Vice President, Controller 37 2014
Michael Rippey (60)
Chairman of the Board, President, Chief Executive Officer of the General Partner since 2017
Chairman of the Board, President, Chief Executive Officer of the General Partner 60 2017
SunCoke Energy Partners, L.P. logo

SunCoke Energy Partners, L.P., a master limited partnership, produces and sells coke used in the blast furnace production of steel in the United States. It operates through two segments, Domestic Coke and Logistics. The company also provides metallurgical and thermal coal mixing and handling terminal services, as well as operates Convent Marine Terminal, an export terminal in the United States Gulf Coast located in Convent, Louisiana. In addition, it offers coal handling and/or mixing services to steel, coke, electric utility, and coal mining customers. The company was founded in 2012 and is headquartered in Lisle, Illinois. SunCoke Energy Partners, L.P. is a subsidiary of Sun Coal & Coke LLC.

Quarterly EPS estimates

Profit margin

Debt to assets

Cash flow

Balance sheet

(in millions) 2017Q4 2017Q3 2017Q2 2017Q1
Current assets
Cash $6.6 $26.9 $23.5 $46.2
Short term investments
Net receivables $47.9 $48.6 $48 $40.1
Inventory $79.4 $85.3 $82.5 $78.3
Other current assets $1.9 $5.2 $3.5 $4.2
Total current assets $135.8 $166 $157.5 $168.8
Long term investments
Property, plant & equipment $1,265.6 $1,268.6 $1,273.8 $1,281.8
Goodwill $73.5 $73.5 $73.5 $73.5
Intangible assets $166.2 $168.9 $171.5 $174.1
Other assets
Deferred long term asset charges $0.3 $0.8 $0.7 $0.8
Total assets $1,641.4 $1,677.8 $1,677 $1,699
Current liabilities
Accounts payable $73.5 $101 $83.5 $91.2
Short long term debt $2.6 $2.6 $3.7 $6.1
Other current liabilities $1.7 $16.6 $12 $5.6
Total current liabilities $77.8 $120.2 $99.2 $102.9
Long term debt $818.4 $816.3 $827.8 $803.7
Other liabilities
Deferred long term liabilities $129.3 $198.3 $200.4 $200.3
Minority interest $12.3 $11.4 $11.3 $11.5
Total liabilities $1,037.8 $1,146.2 $1,138.7 $1,118.4
Stockholders' equity
Stock option warrants
Common stock
Retained earnings
Treasury stock
Capital surplus
Other stockholder equity $603.6 $531.6 $538.3 $580.6
Total stockholder equity
Net tangible assets -$239.7 -$242.4 -$245 -$247.6
(in millions) 2017 2016 2015
Current assets
Cash $6.6 $41.8 $48.6
Short term investments
Net receivables $47.9 $39.7 $41.4
Inventory $79.4 $66.9 $77.1
Other current assets $1.9 $1.6 $2
Total current assets $135.8 $150 $169.1
Long term investments
Property, plant & equipment $1,265.6 $1,294.9 $1,326.5
Goodwill $73.5 $73.5 $67.7
Intangible assets $166.2 $176.7 $187.4
Other assets $0.5 $17.7
Deferred long term asset charges $0.3 $0.9 $0.5
Total assets $1,641.4 $1,696 $1,768.9
Current liabilities
Accounts payable $73.5 $78.1 $73.6
Short long term debt $2.6 $4.9 $1.1
Other current liabilities $1.7 $2.5 $2.1
Total current liabilities $77.8 $85.5 $76.8
Long term debt $818.4 $805.7 $894.5
Other liabilities
Deferred long term liabilities $129.3 $51.1 $52.6
Minority interest $12.3 $14.4 $15.6
Total liabilities $1,037.8 $956.7 $1,039.5
Stockholders' equity
Stock option warrants
Common stock
Retained earnings
Treasury stock
Capital surplus
Other stockholder equity $603.6 $739.3 $729.4
Total stockholder equity
Net tangible assets -$239.7 -$250.2 -$255.1

Income statement

(in millions) 2017Q4 2017Q3 2017Q2 2017Q1
Revenue
Total revenue $235.4 $214 $200.6 $195.6
Cost of revenue $155.7 $146.2 $149.4 $135.4
Gross profit $79.7 $67.8 $51.2 $60.2
Operating expenses
Research & development
Selling, general & administrative $8.1 $7.4 $8.5 $8.5
Non-recurring
Other operating expenses $20.3 $20.2 $21.5 $21.6
Total operating expenses
Operating income $51.3 $40.2 $21.2 $30.1
Income from continuing operations
Net other income -$0.1 -$19.9 -$19.9
EBIT $51.3 $40.1 $1.3 $30.1
Interest expense $14.7 $15.1 $14 $12.6
Income before tax $36.6 $25 -$12.7 $17.5
Income tax expense -$66.8 $1.7 -$0.2 $149.2
Minority interest $12.3 $11.4 $11.3 $11.5
Net income from continuing ops $101.5 $22.6 -$12.9 -$129.3
Non-recurring events
Discontinued operations
Extraordinary items
Effect of accounting change
Other items
Net income
EBITDA $101.5 $22.6 -$12.9 -$129.3
Income (for common shares) $96.2 $20.7 -$14.1 -$128
(in millions) 2017 2016 2015
Revenue
Total revenue $845.6 $779.7 $838.5
Cost of revenue $586.7 $517.2 $599.6
Gross profit $258.9 $262.5 $238.9
Operating expenses
Research & development
Selling, general & administrative $32.5 $38.7 $34.3
Non-recurring
Other operating expenses $83.6 $77.7 $67.4
Total operating expenses
Operating income $142.8 $146.1 $137.2
Income from continuing operations
Net other income -$20 $25 $0.7
EBIT $122.8 $171.1 $137.9
Interest expense $56.4 $47.7 $48.2
Income before tax $66.4 $123.4 $89.7
Income tax expense $83.9 $2 -$2.5
Minority interest $12.3 $14.4 $15.6
Net income from continuing ops -$18.1 $119.1 $86
Non-recurring events
Discontinued operations
Extraordinary items
Effect of accounting change
Other items
Net income
EBITDA -$18.1 $119.1 $86
Income (for common shares) -$25.2 $95.5 $77.4

Cash flow

(in millions) 2017Q4 2017Q3 2017Q2 2017Q1
Net income $101.5 $22.6 -$12.9 -$129.3
Operating activities
Depreciation $20.3 $20.2 $21.5 $21.6
Net income adjustments -$69.1 $1.7 $19.5 $149.2
Change in accounts receivable $3.8 -$0.1 -$5.8 -$0.4
Changes in liabilities -$44.6 $23.5 -$8.2 $14.6
Changes in inventory $5.9 -$2.8 -$4.2 -$11.4
Changes in other operating activities $4.3 -$4.7 $1.9 -$2.5
Total cash flow from operations $24 $61.1 $12.2 $39.4
Investing activities
Capital expenditures -$15.7 -$13.4 -$5.7 -$4.2
Investments
Other cash flows from investing $0.4 $0.4 $0.4 $0.1
Total cash flows from investing -$15.3 -$13.4 -$5.7 -$4.1
Financing activities
Dividends paid -$30.5 -$30 -$31.4 -$30
Sale and purchase of stock
Net borrowings $2.4 -$13.3 $16.1 -$0.9
Other cash flows from financing
Total cash flows from financing -$29 -$44.3 -$29.2 -$30.9
Effect of exchange rate
Change in cash and equivalents -$20.3 $3.4 -$22.7 $4.4
(in millions) 2017 2016 2015
Net income -$18.1 $119.1 $86
Operating activities
Depreciation $83.6 $77.7 $67.4
Net income adjustments $101.3 -$25.1 -$3.2
Change in accounts receivable -$2.5 $0.3 -$8.6
Changes in liabilities -$14.7 $5.1 -$13.7
Changes in inventory -$12.5 $10.2 $15
Changes in other operating activities -$1 -$6 $0.3
Total cash flow from operations $136.7 $183.6 $149.4
Investing activities
Capital expenditures -$39 -$37.1 -$42.3
Investments
Other cash flows from investing $0.5 $19.3 -$209.4
Total cash flows from investing -$38.5 -$17.8 -$251.7
Financing activities
Dividends paid -$121.9 -$119.9 -$108.1
Sale and purchase of stock $8.4 $19.5
Net borrowings $4.3 -$60.9 $211.5
Other cash flows from financing
Total cash flows from financing -$133.4 -$172.6 $117.6
Effect of exchange rate
Change in cash and equivalents -$35.2 -$6.8 $15.3
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