DELPHI 2013 Annual Report Download - page 50

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ITEM 6. SELECTED FINANCIAL DATA
The following selected consolidated financial data of the Successor and the Predecessor have been derived from the
audited consolidated financial statements of the Successor and the Predecessor and should be read in conjunction with, and are
qualified by reference to, Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations and
the consolidated financial statements and notes thereto included elsewhere in this Annual Report. The financial information
presented may not be indicative of our future performance.
Successor (1) Predecessor (2)
Year ended December 31,
Period from
August 19 to
December 3
1, 2009 Period from January 1
to October 6, 2009
2013 2012 2011 2010
(dollars and shares in millions, except per share data)
(dollars and shares in
millions, except per share
data)
Statements of operations data:
Net sales ..................................................................... $ 16,463 $15,519 $16,041 $13,817 $ 3,421 $ 8,334
Depreciation and amortization ................................... 540 486 475 421 139 540
Operating income (loss) ............................................. 1,684 1,476 1,644 940 (10) (1,118)
Interest expense.......................................................... (143) (136) (123) (30) (8) —
Reorganization items, net........................................... — — — — — 10,210
Income (loss) from continuing operations.................. 1,301 1,160 1,223 703 (3) 9,391
Net income (loss)........................................................ 1,301 1,160 1,223 703 (3) 9,347
Net income attributable to noncontrolling interest..... 89 83 78 72 15 29
Net income (loss) attributable to Successor/
Predecessor ............................................................ 1,212 1,077 1,145 631 (18) 9,318
Net income (loss) per share data:
Income (loss) from continuing operations
attributable to Successor/Predecessor.................... $ 3.90 $ 3.34 $ 2.72 $ 0.92 $ (0.03) $ 16.58
Loss from discontinued operations attributable to
Successor/Predecessor ........................................... — — — — — (0.08)
Basic income (loss) per share attributable to
Successor/Predecessor ........................................... $ 3.90 $ 3.34 $ 2.72 $ 0.92 $ (0.03) $ 16.50
Diluted income (loss) per share attributable to
Successor/Predecessor ........................................... $ 3.89 $ 3.33 $ 2.72 $ 0.92 $ (0.03) $ 16.50
Weighted average shares outstanding......................... 311 323 421 686 685 565
Cash dividends declared and paid .............................. $ 0.68 $ — $ — $ — $ — $ —
Other financial data:
Capital expenditures................................................... $ 682 $ 705 $ 630 $ 500 $ 88 $ 321
EBITDA(3)................................................................. 2,224 1,962 2,119 1,361 129 (514)
Adjusted EBITDA(3) ................................................. 2,384 2,142 2,150 1,633 313 (229)
EBITDA margin(4)..................................................... 13.5% 12.6% 13.2% 9.9% 3.8% (6.2)%
Adjusted EBITDA margin(4)..................................... 14.5% 13.8% 13.4% 11.8% 9.1% (2.7)%
Net cash provided by (used in) operating activities ... 1,750 1,478 1,377 1,142 159 (257)
Net cash (used in) provided by investing activities.... (655) (1,631) (10) (911) 885 (1,052)
Net cash (used in) provided by financing activities ... (822) (105) (3,194) (126) 2,062 315
Successor (1)
As of
December 31,
2013
As of
December 31,
2012
As of
December 31,
2011
As of
December 31,
2010
As of
December 31,
2009
(in millions, except employee data)
Balance sheet and employment data:
Cash and cash equivalents ..................................... $ 1,389 $ 1,105 $ 1,363 $ 3,219 $ 3,107
Total assets............................................................. $ 11,047 $ 10,176 $ 9,128 $ 11,082 $ 10,307
Total debt ............................................................... $ 2,412 $ 2,464 $ 2,103 $ 289 $ 396
Working capital, as defined(5)............................... $ 1,160 $ 1,213 $ 1,116 $ 1,059 $ 1,217
Shareholders’ equity............................................... $ 3,434 $ 2,830 $ 2,171 $ 6,099 $ 5,366
Global employees(6).............................................. 117,000 118,000 104,000 99,700 104,800