Preview File Edit View Go Tools Window Help Assignment 2.pdf Page 3 of 5 Q Search Assignment 2... wem Problem 1 (20%) ExxonMobil is an integrated oil and gas company that explores for, produces, and refines oil around the world. The company is the world's second largest refiner with a total global refining capacity of 4.7 million barrels of oil per day and one of the world's largest manufacturers of commodity and specialty chemicals. ExxonMobil reported the following amounts on its past ten years income statements: 2010-12-31 DATE Income Statement (Annual) 2011-12-31 CY2011 2012-12-31 CY2012 2013-12-31 CY2013 2014-12-31 CY2014 2015-12-31 CY2015 2016-12-31 CY2016 2017-12-31 CY2017 2018-12-31 C/2018 2016-12-31 CY2019 CY2010 451509 350353 10115 13977 U 4998. 327 394105 313470 8063 12598 237162 18.RO 56362 10649 0 23919 279332 2115 67733 11490 0 22174 370125 45729 277058 355798 93067 122141 146413 14983 0 U 40122 54104 259 247 0 13096 19,00 529 73257 21561 31061 31298 42206 Revenue Cost of Goods Sald Gross Profit SSEA Expense Research and Development Expense Operating income Non Operating interest Expense Non Operating Interest Income Other Income Expensel Earnings from continuing operations before taxes Provision for Income Taxes Net Earnings From Continuing Operations Net Earnings From Discontinued Operations Net Earrings Earnings Attributable to NonControlling interest Lxtraordinary Items Net Income Attributable to Exxan Mobil Carp Special Income Charges) Normalized Net Income 420426 332452 gy 12977 D 40802 IS 9 0 17419 57711 24253 33448 COM 239854 200528 183638 156927 SGZIG 43701 11501 20443 U U 22993 2771 311 453 0 0 9394 5651 21966 1969 5115 (406) 15551 8375 a 26551 8375 (4011 (SES D 5456 18674 [1174) 19949 0 9595 30953 0532 34082 293 0 17834 51630 12015 33615 0 33615 (10851 0 32520 3312 29208 29172 79726 31045 47581 0 47681 12801) 0 448M | 6613 38267 255583 199625 55958 11399 0 12765 890 0 3120 AUS 5282 14774 0 14774 1434 0 14340 0 21421 15811 33448 1868 11146) 31.399 (9881 0 30450 (926) 31246 D 19:48 113 0 19710 2135 12575 41060 (1802 42867 3,2580 (14299 34059 16150 2937 13213 7840 2196 5644 0 20840 892 19957 10476 3 lir Adritional items |Aanml. EBIT Reconciled Depreciation EBITDA Normalized EBIT Normalized EBITDA 2009 1899 53215 14760 67978 54044 68800 T3504 15582 39127 79353 15RB 94341 72440 88328 57720 171R2 74900 59199 76381 51916 17297 69213 48604 65901 18018 4025 19340 37388 229 30730 5226 28534 1927S 19893 39168 12140 32033 31719 18745 50454 30836 49581 ater 75307 90890 17022 36020 uste psitiv Perform a vertical analysis of the income statements. Preview File Edit View Go Tools Window Help Assignment 2.pdf Page 3 of 5 Q Search Assignment 2... wem Problem 1 (20%) ExxonMobil is an integrated oil and gas company that explores for, produces, and refines oil around the world. The company is the world's second largest refiner with a total global refining capacity of 4.7 million barrels of oil per day and one of the world's largest manufacturers of commodity and specialty chemicals. ExxonMobil reported the following amounts on its past ten years income statements: 2010-12-31 DATE Income Statement (Annual) 2011-12-31 CY2011 2012-12-31 CY2012 2013-12-31 CY2013 2014-12-31 CY2014 2015-12-31 CY2015 2016-12-31 CY2016 2017-12-31 CY2017 2018-12-31 C/2018 2016-12-31 CY2019 CY2010 451509 350353 10115 13977 U 4998. 327 394105 313470 8063 12598 237162 18.RO 56362 10649 0 23919 279332 2115 67733 11490 0 22174 370125 45729 277058 355798 93067 122141 146413 14983 0 U 40122 54104 259 247 0 13096 19,00 529 73257 21561 31061 31298 42206 Revenue Cost of Goods Sald Gross Profit SSEA Expense Research and Development Expense Operating income Non Operating interest Expense Non Operating Interest Income Other Income Expensel Earnings from continuing operations before taxes Provision for Income Taxes Net Earnings From Continuing Operations Net Earnings From Discontinued Operations Net Earrings Earnings Attributable to NonControlling interest Lxtraordinary Items Net Income Attributable to Exxan Mobil Carp Special Income Charges) Normalized Net Income 420426 332452 gy 12977 D 40802 IS 9 0 17419 57711 24253 33448 COM 239854 200528 183638 156927 SGZIG 43701 11501 20443 U U 22993 2771 311 453 0 0 9394 5651 21966 1969 5115 (406) 15551 8375 a 26551 8375 (4011 (SES D 5456 18674 [1174) 19949 0 9595 30953 0532 34082 293 0 17834 51630 12015 33615 0 33615 (10851 0 32520 3312 29208 29172 79726 31045 47581 0 47681 12801) 0 448M | 6613 38267 255583 199625 55958 11399 0 12765 890 0 3120 AUS 5282 14774 0 14774 1434 0 14340 0 21421 15811 33448 1868 11146) 31.399 (9881 0 30450 (926) 31246 D 19:48 113 0 19710 2135 12575 41060 (1802 42867 3,2580 (14299 34059 16150 2937 13213 7840 2196 5644 0 20840 892 19957 10476 3 lir Adritional items |Aanml. EBIT Reconciled Depreciation EBITDA Normalized EBIT Normalized EBITDA 2009 1899 53215 14760 67978 54044 68800 T3504 15582 39127 79353 15RB 94341 72440 88328 57720 171R2 74900 59199 76381 51916 17297 69213 48604 65901 18018 4025 19340 37388 229 30730 5226 28534 1927S 19893 39168 12140 32033 31719 18745 50454 30836 49581 ater 75307 90890 17022 36020 uste psitiv Perform a vertical analysis of the income statements
