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PEABODY ENERGY BTUQuarterlyData-website
1. PEABODY ENERGY CORPORATION
Quarterly Consolidated Statements of Operations
(Dollars in millions, except per share data)
Quarters Ended (Unaudited) (Audited) Peabody
March 31, June 30, Sept. 30, Dec. 31, Calendar Continuing
2004 2004 2004 2004 2004 Operations2
REVENUES
Sales $744.5 $898.6 $895.2 $1,006.8 $3,545.1 $2,680.9
Other revenues 27.8 18.2 23.8 16.7 86.5 82.2
Total revenues 772.3 916.8 919.0 1,023.5 3,631.6 2,763.1
COSTS AND EXPENSES
Operating costs and expenses 649.0 756.8 734.7 825.1 2,965.6 2,206.7
Depreciation, depletion and amortization 59.8 73.1 70.2 67.1 270.2 205.4
Asset retirement obligation expense 13.0 8.6 10.1 10.7 42.4 14.8
Selling and administrative expenses 27.8 32.1 33.6 49.5 143.0 84.5
Other operating income:
Net gain on disposal of assets (10.4) (1.9) (1.8) (9.7) (23.8) (18.1)
Income from equity affiliates (5.6) (3.7) (1.7) (1.4) (12.4) (0.1)
OPERATING PROFIT 38.7 51.8 73.9 82.2 246.6 269.9
Interest expense 21.3 24.6 25.0 25.9 96.8 89.0
Early debt extinguishment (gains) costs - - (0.6) 2.3 1.7 1.8
Interest income (0.9) (1.2) (1.1) (1.7) (4.9) (4.0)
INCOME BEFORE INCOME TAXES
AND MINORITY INTERESTS 18.3 28.4 50.6 55.7 153.0 183.1
Income tax provision (benefit) (5.7) (15.2) 7.0 (12.6) (26.5) 0.2
Minority interests 0.3 0.4 0.2 0.4 1.3 1.0
INCOME FROM CONTINUING OPERATIONS 23.7 43.2 43.4 67.9 178.2 181.9
Gain (loss) from discontinued operations, net of taxes (1.1) (1.7) - - (2.8) (5.6)
NET INCOME $22.6 $41.5 $43.4 $67.9 $175.4 $176.3
Diluted number of shares (weighted average in millions)1 228.62 261.75 263.12 264.90 254.81
Diluted EPS $0.10 $0.16 $0.17 $0.26 $0.70
1
EBITDA $111.5 $133.5 $154.2 $160.0 $559.2
Reflects the company's March 30, 2005 and February 22, 2006 two-for-one stock splits.
1
Adjusted for discontinued operations of Patriot Coal Corporation and the assets held for sale.
2
This information is intended to be reviewed in conjunction with the company's filings with the Securities and Exchange Commission.
2. PEABODY ENERGY CORPORATION
Quarterly Consolidated Income Statements
(Dollars in millions, except per share data)
Quarters Ended (Unaudited) (Audited) Peabody
March 31, June 30, Sept. 30, Dec. 31, Calendar Continuing
2005 2005 2005 2005 2005 Operations2
REVENUES
Sales $1,062.5 $1,089.8 $1,191.3 $1,201.7 $4,545.3 $3,516.2
Other revenues 15.0 19.0 32.2 33.0 99.2 81.7
Total revenues 1,077.5 1,108.8 1,223.5 1,234.7 4,644.5 3,597.9
COSTS AND EXPENSES
Operating costs and expenses 912.9 879.0 986.2 937.7 3,715.8 2,828.4
Depreciation, depletion and amortization 76.0 79.3 77.1 83.7 316.1 244.9
Asset retirement obligation expense 9.2 7.2 7.4 12.1 35.9 19.9
Selling and administrative expenses 37.8 40.7 57.0 54.4 189.9 132.7
Other operating income:
Net gain on disposal or exchange of assets (31.1) (16.5) (47.6) (6.3) (101.5) (44.4)
Income from equity affiliates (8.1) (10.2) (7.5) (4.3) (30.1) (15.2)
OPERATING PROFIT 80.8 129.3 150.9 157.4 518.4 431.6
Interest expense 25.6 25.2 25.3 26.8 102.9 98.0
Interest income (1.4) (1.8) (3.2) (4.2) (10.6) (9.1)
INCOME BEFORE INCOME TAXES
AND MINORITY INTERESTS 56.6 105.9 128.8 134.8 426.1 342.7
Income tax provision (benefit) 4.4 10.1 14.8 (28.4) 0.9 63.8
Minority interests 0.3 0.5 0.7 1.0 2.5 2.3
INCOME FROM CONTINUING OPERATIONS 51.9 95.3 113.3 162.2 422.7 276.6
Gain (loss) from discontinued operations, net of taxes - - - - - 142.4
NET INCOME $51.9 $95.3 $113.3 $162.2 $422.7 $419.0
266.80 267.62 268.52 268.98 268.01
Diluted number of shares (weighted average in millions)1
$0.19 $0.36 $0.42 $0.60 $1.58
Diluted EPS 1
EBITDA $166.0 $215.8 $235.4 $253.2 $870.4
Reflects the company's March 30, 2005 and February 22, 2006 two-for-one stock splits.
1
Adjusted for discontinued operations of Patriot Coal Corporation and the assets held for sale.
2
This information is intended to be reviewed in conjunction with the company's filings with the Securities and Exchange Commission.
3. PEABODY ENERGY CORPORATION
Quarterly Consolidated Income Statements
(Dollars in millions, except per share data)
Quarters Ended (Unaudited) (Audited) Peabody
March 31, June 30, Sept. 30, Dec. 31, Calendar Continuing
2006 2006 2006 2006 2006 Operations2
REVENUES
Sales $1,288.9 $1,293.7 $1,223.3 $1,339.1 $5,145.0 $3,944.8
Other revenues 22.9 22.7 41.7 24.0 111.3 106.0
Total revenues 1,311.8 1,316.4 1,265.0 1,363.1 5,256.3 4,050.8
COSTS AND EXPENSES
Operating costs and expenses 1,022.4 1,053.5 1,003.0 1,077.1 4,156.0 3,088.3
Depreciation, depletion and amortization 81.0 91.5 90.6 114.1 377.2 284.1
Asset retirement obligation expense 7.2 11.6 7.1 14.2 40.1 14.3
Selling and administrative expenses 46.5 40.8 31.5 57.1 175.9 127.9
Other operating income:
Net gain on disposal or exchange of assets (9.2) (50.0) (35.0) (37.9) (132.1) (53.5)
Income from equity affiliates (7.3) (6.7) (5.2) (4.7) (23.9) (22.8)
OPERATING PROFIT 171.2 175.7 173.0 143.2 663.1 612.5
Interest expense 27.4 25.7 26.4 63.9 143.4 137.7
Early debt extinguishment costs (gains) - (0.4) - 1.8 1.4 1.4
Interest income (2.6) (1.5) (1.9) (6.7) (12.7) (11.3)
INCOME BEFORE INCOME TAXES
AND MINORITY INTERESTS 146.4 151.9 148.5 84.2 531.0 484.7
Income tax provision (benefit) 11.5 (3.3) 2.7 (92.4) (81.5) (90.1)
Minority interests 4.7 1.8 3.8 1.5 11.8 0.6
INCOME FROM CONTINUING OPERATIONS 130.2 153.4 142.0 175.1 600.7 574.2
Gain (loss) from discontinued operations, net of taxes - - - - - 37.6
NET INCOME $130.2 $153.4 $142.0 $175.1 $600.7 $611.8
Diluted number of shares (weighted average in millions) 1 269.36 269.76 268.82 268.14 269.19
Diluted EPS $0.48 $0.57 $0.53 $0.65 $2.23
1
EBITDA $259.4 $278.8 $270.7 $271.5 $1,080.4
Reflects the company's February 22, 2006 two-for-one stock split.
1
Adjusted for discontinued operations of Patriot Coal Corporation and the assets held for sale.
2
This information is intended to be reviewed in conjunction with the company's filings with the Securities and Exchange Commission.
4. PEABODY ENERGY CORPORATION
Quarterly Consolidated Income Statements
(Dollars in millions, except per share data)
Quarters Ended (Unaudited) (Audited)
March 31, June 30, Sept. 30, Dec. 31, Year Ended
2007 2007 2007 2007 Dec. 31, 2007
REVENUES
Sales $1,059.5 $1,023.6 $1,138.0 $1,114.1 $4,335.1
Other revenues 50.3 45.2 60.5 54.0 210.0
Total revenues 1,109.8 1,068.8 1,198.5 1,168.1 4,545.1
COSTS AND EXPENSES
Operating costs and expenses 846.7 823.1 980.1 882.6 3,532.5
Depreciation, depletion and amortization 81.9 88.5 89.3 92.5 352.2
Asset retirement obligation expense 5.7 3.8 5.0 9.1 23.7
Selling and administrative expenses 31.7 32.1 33.2 50.1 147.1
Other operating income:
Net gain on disposal or exchange of assets (1.4) (53.0) (21.9) (12.3) (88.6)
Income from equity affiliates (2.2) (4.3) (2.9) (5.0) (14.5)
OPERATING PROFIT 147.4 178.6 115.7 151.1 592.7
Interest expense 57.5 58.6 58.7 60.2 235.0
Interest income (2.8) (1.5) (1.5) (1.3) (7.1)
INCOME BEFORE INCOME TAXES
AND MINORITY INTERESTS 92.7 121.5 58.5 92.2 364.8
Income tax provision (benefit) 11.1 17.0 6.7 (107.6) (72.9)
Minority interests (0.3) 4.8 (3.2) (3.6) (2.3)
INCOME FROM CONTINUING OPERATIONS 81.9 99.7 55.0 203.4 440.0
Income (loss) from discontinued operations, net of taxes 6.6 8.0 (22.7) (167.6) (175.7)
NET INCOME $88.5 $107.7 $32.3 $35.8 $264.3
Diluted number of shares (weighted average in millions) 268.12 268.71 268.94 270.54 269.17
Diluted EPS $0.30 $0.37 $0.20 $0.13 $0.98
EBITDA $235.0 $270.9 $210.0 $252.7 $968.6
This information is intended to be reviewed in conjunction with the company's filings with the Securities and Exchange Commission.
5. PEABODY ENERGY CORPORATION
Quarterly Consolidated Income Statements
(Dollars in millions, except per share data)
(Unaudited)
Quarter Ended
March 31, June 30, Sept. 30, Dec. 31, Year Ended
2008 2008 2008 2008 Dec. 31, 2008
REVENUES
Sales $1,189.7 $1,422.1 $1,761.8 $1,662.7 $6,036.3
Other revenues 86.3 108.8 143.9 218.1 557.1
Total revenues 1,276.0 1,530.9 1,905.7 1,880.8 6,593.4
COSTS AND EXPENSES
Operating costs and expenses 1,013.7 1,048.5 1,253.0 1,301.8 4,617.2
Depreciation, depletion and amortization 94.0 93.6 103.8 114.9 406.2
Asset retirement obligation expense 6.8 9.2 15.8 16.4 48.2
Selling and administrative expenses 50.9 43.1 44.2 63.6 201.8
Other operating income:
Net gain on disposal or exchange of assets (59.4) (3.6) (4.8) (5.1) (72.9)
(Income) loss from equity affiliates (2.7) (3.7) 3.5 3.0 -
OPERATING PROFIT 172.7 343.8 490.2 386.2 1,392.9
Interest expense 59.3 57.6 54.1 55.2 226.2
Interest income (1.1) (2.5) (3.5) (3.0) (10.1)
INCOME BEFORE INCOME TAXES
AND MINORITY INTERESTS 114.5 288.7 439.6 334.0 1,176.8
Income tax provision 44.1 43.6 60.2 37.9 185.8
Minority interests 0.9 2.5 2.3 0.5 6.2
INCOME FROM CONTINUING OPERATIONS 69.5 242.6 377.1 295.6 984.8
Loss from discontinued operations, net of taxes (12.3) (9.2) (7.5) (2.3) (31.3)
NET INCOME $57.2 $233.4 $369.6 $293.3 $953.5
Diluted number of shares (weighted average in millions) 272.14 272.66 272.62 267.39 271.28
Diluted EPS $0.26 $0.89 $1.38 $1.10 $3.51
EBITDA $273.5 $446.6 $609.8 $517.5 $1,847.3
This information is intended to be reviewed in conjunction with the company's filings with the Securities and Exchange Commission.