4th Quarter & Full-Year 2013 Business Update February 6, 2014
Fourth Quarter & FY 2013 Financial Highlights Fourth Quarter Results Revenue of 712.9 million Generated 51.1 million in operating income Net income of 25.5 million or 0.65 per diluted share Non-ethanol operating income of 28.2 million…
2013 Business Highlights Acquired three ethanol plants, adding 280 million gallons per year, a 37.8% increase, in ethanol production capacity Completed construction of 9.4 million bushels of grain storage capacity at six ethanol plants…
Ethanol Production Segment Q1-12 Q2-12 Q3-12 Q4-12 Q1-13 Q2-13 Q3-13 Q4-13 Gallons Sold (in millions) 169.6(1) 176.7 161.6 169.2 170.8 172.5 177.8 213.3 Operating Income (in millions) (9.9) (11.0) (7.5) 12.0 (2.3) 7.0 17.9 40.5…
Consolidated Income Statement Summary (in millions) Q4-2013 Q4-2012 Revenues 712.9 883.7 Gross profit 72.2 42.0 SG&A 21.1 20.7 Gain on the disposal of assets - 47.1 Operating income 51.1 68.4 Interest expense 9.9 8.8…
Condensed Consolidate Balance Sheet (in millions) ASSETS December 31, 2013 December 31, 2012 Current assets 633.3 568.0 Property and equipment, net 806.0 708.1 Other assets 92.7 73.6 Total assets 1,532.0 1,349.7 LIABILITIES…
Liquidity and Capital Structure (in millions) Q4-2013 Q4-2012 Gross Debt 735.2 663.3 Working Capital Financing 171.5 144.4 Term Debt 563.7 518.9 Cash & Equivalents 299.0 280.1 Net Debt 264.7 238.8 Stockholders Equity 545.3…
Industry & Current Business Outlook Exports for 2013 are estimated to be approximately 600 million gallons; 2014 exports are anticipated to be in the range of 600 million to 1 billion gallons Ethanol margin curve showing strength in…
Thank you for joining our call today. 10 4TH QUARTER AND FY EARNINGS 2013 CONFERENCE CALL 2.6.14
Non-GAAP Reconciliations (1) Green Plains uses certain Non-GAAP financial measures as defined by the Securities and Exchange Commission. These are measures of performance and not defined by accounting principles generally accepted in…
Loading...
