Albertsons Companies, Inc. (ACI) · 10+ Years of Financial statements

Income Statement	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Sales/Revenue/Turnover	3,712	20,055	27,199	58,734	59,678	59,925	60,534	62,455	69,690	71,887	77,650	79,238
+ Sales & Services Revenue	3,712	20,055	27,199	58,734	59,678	59,925	60,534	62,455	69,690	71,887	77,650	79,238
- Cost of Revenue	2,774	14,656	19,696	42,672	43,038	43,564	43,640	44,861	49,276	51,165	55,894	57,192
+ Cost of Goods & Services	2,774	14,656	19,696	42,672	43,038	43,564	43,640	44,861	49,276	51,165	55,894	57,192
Gross Profit	938	5,399	7,503	16,062	16,640	16,361	16,895	17,594	20,414	20,722	21,756	22,046
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	899	5,874	8,152	15,660	16,033	16,209	16,272	16,642	18,836	18,300	19,596	19,933
+ Selling, General & Admin	899	5,874	8,152	15,660	16,033	16,209	16,272	16,642	18,836	18,300	19,596	19,933
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income (Loss)	39	-475	-649	402	608	152	622	952	1,579	2,422	2,160	2,113
- Non-Operating (Income) Loss	7	-1,616	729	944	1,071	1,070	570	353	450	322	224	524
+ Interest Expense, Net	4	-390	633	950	919	819	788	658	517	458	388	476
+ Interest Expense	4	-390	633	956	919	819	800	679	534	462	456	492
- Interest Income	- -	- -	- -	6	- -	- -	12	21	17	3	69	16
+ Other Non-Op (Income) Loss	3	-1,226	96	-7	152	251	-218	-305	-67	-136	-164	47
Pretax Income	32	1,140	-1,379	-542	-464	-918	52	599	1,129	2,100	1,936	1,589
- Income Tax Expense (Benefit)	2	-573	-153	-40	-90	-964	-79	133	278	480	422	293
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	30	1,713	-1,225	-502	-373	46	131	466	850	1,620	1,514	1,296
- Net Extraordinary Losses (Gains)	-49	-20	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	49	20	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	-98	-39	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	79	1,733	-1,225	-502	-373	46	131	466	850	1,620	1,514	1,296
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	79	1,733	-1,225	-502	-373	46	131	466	850	1,620	1,514	1,296
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	336	303	1
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	79	1,733	-1,225	-502	-373	46	131	466	850	1,284	1,210	1,295
Basic Weighted Avg Shares	568	568	568	568	568	568	580	579	500	470	529	575
Basic EPS, GAAP	0.14	3.05	-2.16	-0.88	-0.66	0.08	0.23	0.8	1.7	2.73	2.29	2.25
Basic EPS from Cont Ops	0.05	3.02	-2.16	-0.88	-0.66	0.08	0.23	0.8	1.7	3.45	2.86	2.25
Diluted Weighted Avg Shares	584	584	584	584	584	584	581	580	578	475	534	581
Diluted EPS, GAAP	0.14	2.97	-2.1	-0.86	-0.64	0.08	0.23	0.8	1.47	2.7	2.27	2.23
Diluted EPS from Cont Ops	0.05	2.93	-2.1	-0.86	-0.64	0.08	0.23	0.8	1.47	3.41	2.83	2.23
EBITDA	56	201	69	2,015	2,412	2,050	2,361	3,214	3,697	4,727	4,619	4,557
EBITDA Margin (%)	1.5	1	0.25	3.43	4.04	3.42	3.9	5.15	5.31	6.58	5.95	5.75
EBITA	39	-475	-649	402	608	152	622	952	1,579	2,422	2,160	2,113
EBIT	39	-475	-649	402	608	152	622	952	1,579	2,422	2,160	2,113
Gross Margin (%)	25.26	26.92	27.59	27.35	27.88	27.3	27.91	28.17	29.29	28.83	28.02	27.82
Operating Margin (%)	1.04	-2.37	-2.39	0.68	1.02	0.25	1.03	1.52	2.27	3.37	2.78	2.67
Profit Margin (%)	2.13	8.64	-4.5	-0.86	-0.63	0.08	0.22	0.75	1.22	2.25	1.95	1.64
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	231,315	232,301	247,886	267,758	278,027
Dividend per Share	0.09	- -	0.06	- -	- -	0.44	- -	- -	0.32	0.69	8.01	0.48
Depreciation Expense	17	676	718	1,614	1,805	1,898	1,739	2,262	2,118	2,305	2,460	2,444

Balance Sheet	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Total Current Assets	- -	2,571	7,105	6,113	6,793	6,149	6,250	5,731	6,988	8,366	6,270	6,288
+ Cash, Cash Equivalents & STI	- -	307	1,126	580	1,219	670	926	471	1,717	2,902	456	189
+ Cash & Cash Equivalents	- -	307	1,126	580	1,219	670	926	471	1,717	2,902	456	189
+ ST Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	- -	296	632	648	631	615	586	525	551	561	688	724
+ Accounts Receivable, Net	- -	296	632	- -	- -	615	586	525	551	561	688	724
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	648	631	- -	- -	- -	- -	- -	- -	- -
+ Inventories	- -	1,840	4,157	4,422	4,464	4,421	4,333	4,352	4,301	4,501	4,782	4,945
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	1,840	4,157	4,422	4,464	4,421	4,333	4,352	4,301	4,501	4,782	4,945
+ Other ST Assets	- -	128	1,190	464	479	442	405	383	419	403	345	429
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	- -	6,788	18,574	17,657	16,962	15,664	14,527	19,004	19,610	19,757	19,898	19,934
+ Property, Plant & Equip, Net	- -	4,547	12,048	11,846	11,512	10,770	9,861	15,079	15,428	15,258	15,238	15,552
+ Property, Plant & Equip	- -	5,165	13,121	14,117	15,040	15,505	15,574	21,767	23,204	24,373	25,327	26,501
- Accumulated Depreciation	- -	618	1,072	2,271	3,528	4,735	5,713	6,688	7,776	9,115	10,090	10,949
+ LT Investments & Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	- -	2,242	6,525	5,810	5,450	4,893	4,665	3,924	4,182	4,499	4,660	4,382
+ Total Intangible Assets	- -	1,504	5,249	5,014	4,666	4,326	4,018	3,270	3,292	3,486	3,666	3,636
+ Goodwill	- -	71	1,014	1,131	1,168	1,183	1,183	1,183	1,183	1,201	1,201	1,201
+ Other Intangible Assets	- -	1,433	4,235	3,882	3,498	3,142	2,834	2,087	2,109	2,285	2,465	2,434
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	- -	738	1,276	797	784	568	648	654	890	1,013	994	746
Total Assets	- -	9,359	25,678	23,770	23,755	21,812	20,777	24,735	26,598	28,123	26,168	26,221
+ Payables & Accruals	- -	1,597	3,051	3,084	3,384	4,141	4,282	4,335	5,301	6,136	5,873	5,846
+ Accounts Payable	- -	1,064	2,764	2,780	3,035	2,833	2,919	2,891	3,487	4,237	4,173	4,218
+ Accrued Taxes	- -	150	288	304	349	324	309	318	339	345	382	325
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	- -	383	- -	- -	- -	984	1,055	1,126	1,475	1,555	1,317	1,303
+ ST Debt	- -	56	624	335	318	168	149	784	818	1,469	1,740	963
+ ST Borrowings	- -	32	624	335	318	168	149	138	131	751	1,001	217
+ ST Finance Leases	- -	24	121	- -	- -	- -	- -	646	687	719	740	746
+ Other ST Liabilities	- -	379	2,381	1,764	2,039	721	722	785	713	743	816	649
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	85	145	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	- -	293	2,236	1,764	2,039	721	722	785	713	743	816	649
Total Current Liabilities	- -	2,032	6,056	5,182	5,741	5,030	5,153	5,904	6,832	8,348	8,429	7,458
+ LT Debt	- -	3,638	11,945	11,892	12,019	11,708	10,438	13,896	13,649	12,556	13,221	13,277
+ LT Borrowings	- -	3,200	11,945	11,892	12,019	11,708	10,438	7,910	7,570	6,635	7,392	7,391
+ LT Finance Leases	- -	438	854	- -	- -	- -	- -	5,986	6,079	5,921	5,828	5,885
+ Other LT Liabilities	- -	1,930	5,509	5,083	4,624	3,677	3,736	2,657	3,948	3,513	2,862	2,739
+ Accrued Liabilities	- -	45	1,853	1,513	1,480	580	561	614	534	800	854	808
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	- -	1,885	3,656	3,570	3,144	3,097	3,174	2,043	3,414	2,713	2,008	1,932
Total Noncurrent Liabilities	- -	5,568	17,454	16,974	16,643	15,384	14,173	16,553	17,597	16,069	16,083	16,016
Total Liabilities	- -	7,599	23,510	22,157	22,384	20,414	19,326	22,457	24,429	24,417	24,512	23,474
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	844	681	46	- -
+ Share Capital & APIC	- -	- -	- -	- -	- -	1,776	1,817	1,830	1,905	2,038	2,079	2,136
+ Common Stock	- -	- -	- -	- -	- -	3	6	6	6	6	6	6
+ Additional Paid in Capital	- -	- -	- -	- -	- -	1,773	1,811	1,824	1,899	2,032	2,073	2,130
- Treasury Stock	- -	- -	- -	- -	- -	- -	26	26	1,907	1,647	352	304
+ Retained Earnings	- -	1,485	260	-242	-615	-569	-432	592	1,263	2,565	-185	828
+ Other Equity	- -	18	60	-113	-13	191	91	-118	64	69	69	88
Equity Before Minority Interest	- -	1,760	2,168	1,613	1,371	1,398	1,451	2,278	2,169	3,706	1,656	2,748
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	- -	1,760	2,168	1,613	1,371	1,398	1,451	2,278	2,169	3,706	1,656	2,748
Total Liabilities & Equity	- -	9,359	25,678	23,770	23,755	21,812	20,777	24,735	26,598	28,123	26,168	26,221
Shares Outstanding	584	584	584	584	584	584	581	479	466	488	570	576
Capital Leases - Total	- -	462	975	- -	- -	- -	- -	6,633	6,766	6,640	6,568	6,631
Net Debt	- -	2,925	11,443	11,647	11,119	11,206	9,660	7,577	5,984	4,484	7,937	7,420
Net Debt to Equity	- -	166.24	527.7	721.96	810.87	801.42	665.91	332.61	275.93	120.99	479.18	270.05
Tangible Common Equity Ratio	- -	3.25	-15.08	-18.13	-17.26	-16.74	-15.32	-4.62	-8.44	-1.87	-9.14	-3.93
Current Ratio	- -	1.27	1.17	1.18	1.18	1.22	1.21	0.97	1.02	1	0.74	0.84
Cash Conversion Cycle	- -	13.84	30.06	15.09	13.05	14.49	16.13	14.96	11.22	6.77	5.92	7.59
Number of Employees	- -	- -	- -	- -	- -	- -	- -	270,000	300,000	290,000	290,000	285,000

Cash Flow Statement	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
+ Net Income	79	1,733	-1,225	-502	-373	46	131	466	850	1,620	1,514	1,296
+ Depreciation & Amortization	17	676	718	1,614	1,805	1,898	1,739	2,262	2,118	2,305	2,460	2,444
+ Non-Cash Items	-42	-2,562	381	257	130	-704	-376	-310	-150	263	233	84
+ Stock-Based Compensation	- -	6	344	98	53	46	48	33	59	101	138	104
+ Deferred Income Taxes	- -	-658	-170	-90	-220	-1,094	-82	-6	-112	219	13	-113
+ Asset Impairment Charge	- -	- -	- -	- -	- -	142	- -	- -	- -	- -	- -	- -
+ Other Non-Cash Adj	-42	-1,910	207	249	296	202	-343	-337	-96	-57	82	92
+ Chg in Non-Cash Work Cap	-21	202	-39	-466	252	-222	194	-514	1,084	-675	-1,352	-1,164
+ (Inc) Dec in Accts Receiv	-11	11	-8	-16	-9	22	29	61	- -	-22	-127	-36
+ (Inc) Dec in Inventories	15	-40	-52	-245	3	46	80	-38	9	-314	-549	-215
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	-20	305	184	-244	234	-158	98	85	787	680	-164	100
+ Inc (Dec) in Other	-6	-74	-162	39	25	-131	-13	-622	287	-1,018	-512	-1,013
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	32	50	-165	902	1,814	1,019	1,688	1,904	3,902	3,513	2,854	2,660
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-29	-128	-328	-960	-1,415	-1,547	-1,363	-1,475	-1,630	-1,606	-2,154	-2,031
+ Acq of Fixed Prod Assets	-29	-128	-328	-960	-1,415	-1,547	-1,363	-1,475	-1,630	-1,606	-2,154	-2,031
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Change in LT Investment	- -	- -	- -	455	- -	- -	- -	- -	- -	- -	- -	- -
+ Dec in LT Investment	- -	- -	- -	455	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Acq & Div	- -	-464	-5,673	-711	-221	195	- -	- -	-98	-25	- -	- -
+ Cash from Divestitures	- -	- -	- -	- -	- -	344	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	-464	-5,673	-711	-221	-149	- -	- -	-98	-25	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	50	-189	57	404	556	883	1,276	1,097	156	93	177	285
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	21	-782	-5,945	-812	-1,080	-469	-87	-378	-1,572	-1,539	-1,977	-1,747
+ Dividends Paid	-50	- -	-34	- -	- -	-250	- -	- -	-160	-322	-4,237	-277
+ Net Cash From Debt	-21	873	5,909	-570	10	-550	-1,213	-1,912	-504	-409	928	-870
+ Cash From Debt	55	2,485	8,097	454	3,053	428	1,970	3,874	4,094	- -	2,150	150
+ Repayments of Debt	-76	-1,612	-2,188	-1,023	-3,044	-978	-3,183	-5,786	-4,598	-409	-1,222	-1,020
+ Cash (Repurchase) of Equity	- -	- -	- -	- -	- -	- -	-26	- -	-1,881	- -	- -	- -
+ Increase in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	- -	- -	- -	- -	- -	- -	-26	- -	-1,881	- -	- -	- -
+ Other Financing Activities	-7	129	1,054	-66	-107	-298	-75	-102	1,503	-59	-56	-36
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	-78	1,002	6,929	-636	-98	-1,098	-1,314	-2,014	-1,042	-790	-3,365	-1,183
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	-24	270	819	-546	636	-548	287	-489	1,289	1,185	-2,489	-271
EBITDA	56	201	69	2,015	2,412	2,050	2,361	3,214	3,697	4,727	4,619	4,557
EBITDA Margin (%)	1.5	1	0.25	3.43	4.04	3.42	3.9	5.15	5.31	6.58	5.95	5.75
Net Cash Paid for Acquisitions	- -	464	5,673	711	221	-195	- -	- -	98	25	- -	- -
Free Cash Flow	4	-79	-493	-58	399	-528	325	429	2,272	1,907	700	628
Free Cash Flow to Firm	8	- -	- -	- -	- -	- -	- -	957	2,674	2,263	1,057	1,030
Free Cash Flow to Equity	- -	794	5,416	-628	408	-1,078	-888	-1,483	2,612	999	689	-289
Free Cash Flow per Basic Share	0.01	-0.14	-0.87	-0.1	0.7	-0.93	0.56	0.74	4.54	4.06	1.32	1.09
Price/Free Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	1.73	2.74	2.15	2.53
Cash Flow to Net Income	0.41	0.03	0.13	-1.8	-4.86	22	12.87	4.08	4.59	2.17	1.89	2.05

Albertsons Companies, Inc.

ACI US

20.01

20.01