Cliffs Natural Resources (CLF) Income Statement

Income Statement for Cliffs Natural Resources  (CLF) 
$ 73.55   -2.68 (-3.52%) Volume: 2.98 m 4:04 PM EST Feb 10, 2012
After Hours:  $ 73.60   0.05 (+0.07%) Volume: 19.3 k 7:46 PM EST Feb 10, 2012
Statement: View:
Income [+] in Millions of Dollars
12/2010 12/2009 12/2008 12/2007 12/2006
Operating Revenue 4,682 2,342 3,609 2,275 1,922
Total Revenue 4,682 2,342 3,609 2,275 1,922
Adjustments to Revenue - - - - -
Cost of Revenue (2,836) (1,796) (2,248) (1,706) (1,424)
Cost of Sales With Depreciation 3,159 2,033 2,449 1,813 1,508
Gross Margin 1,846 546 1,361 569 497
Gross Operating Profit 1,846 546 1,361 569 497
Selling/General/Admin Expense (238) (121) (189) (114) (64)
Research & Development - - - - -
Advertising - - - - -
EBITDA (Operating Income Before Depreciation) 1,608 425 1,172 455 433
Depreciation & Amortization (322) (237) (201) (107) (83)
Depreciation, Unreconciled - - - - -
Amortization - - - - -
Amortization of Intangibles - - - - -
Operating Income 1,286 188 971 348 350
Operating Profit After Depreciation 1,286 188 971 348 350
Interest Income 10 11 26 20 17
Earnings from Equity Interest 41 - - (11) -
Other Income, Net 45 65 (276) 32 20
Income, Acquired in Process R&D - - - - -
Income, Restructuring and M&A - - - - -
Other Special Charges - - - 3 4
Total Income Before Interest Expense (EBIT) 1,381 264 721 392 391
Interest Expense (70) (39) (40) (23) (4)
Income Before Tax 1,312 225 681 370 388
Income Taxes (292) (21) (144) (84) (91)
Minority Interest 0 1 (21) (16) (17)
Preferred Securities of Subsidiary Trust - - - - -
Other Special Charges 1,298 291 716 381 388
Net Income from Continuing Operations 1,020 205 537 270 280
Net Income from Discontinued Operations - - - 0 0
Net Income from Total Operations 1,020 205 537 270 280
Normalized Income 1,020 205 537 267 276
Extraordinary Income/Loss - - - - -
Special Income/Charges - - - 3 4
Income from Cum. Effect of Acct Change - - - - -
Income from Tax Loss Carryforward - - - - -
Net Income Available for Common 1,020 205 536 265 274
Other Gains - - - - -
Total Net Income 1,020 205 516 270 280
Net Income Available for Common 1,020 205 536 265 274
Results [+] in Dollars (Preferred Dividends in Millions)
12/2010 12/2009 12/2008 12/2007 12/2006
Dividends Paid Per Share 0.51 0.26 0.35 0.25 0.24
Preferred Dividends - - 1 5 6
Basic EPS from Continuing Operations 7.54 1.64 5.07 3.19 3.26
Basic EPS from Discontinued Operations 0.00 0.00 0.00 0.00 0.01
Basic EPS from Extraordinary Income Gains/Losses 0.00 0.00 0.00 0.00 0.00
Basic EPS from Cumulative Effect of Accounting Change 0.00 0.00 0.00 0.00 0.00
Basic EPS from Tax Loss Carryforward 0.00 0.00 0.00 0.00 0.00
Basic EPS from Other Gains/Losses 0.00 0.00 0.00 0.00 0.00
Basic EPS from Total Net Income 7.54 1.64 5.07 3.19 3.27
Basic Normalized Net Income per Share 7.54 1.64 5.07 3.15 3.21
Basic EPS from Total Operations 7.54 1.64 5.07 3.19 3.27
Diluted EPS from Continuing Operations 7.49 1.63 4.76 2.57 2.60
Diluted EPS from Discontinued Operations 0.00 0.00 0.00 0.00 0.01
Diluted EPS from Extraordinary Gains/Losses 0.00 0.00 0.00 0.00 0.00
Diluted EPS from Cumulative Effect of Accounting Change 0.00 0.00 0.00 0.00 0.00
Diluted EPS from Tax Loss Carryforward 0.00 0.00 0.00 0.00 0.00
Diluted EPS from Other Gains/Losses 0.00 0.00 0.00 0.00 0.00
Diluted EPS from Total Net Income 7.49 1.63 4.76 2.57 2.60
Diluted Normalized Net Income per Share 7.49 1.63 4.76 2.54 2.56
Excise Tax - - - - -
Diluted EPS from Total Operations 7.49 1.63 4.76 2.57 2.60