Common-Size Income Statement
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ConocoPhillips, Common-Size Consolidated Income Statement
| 12 months ended | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales and other operating revenues | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | ||||||
| Purchased commodities | -42.86% | -42.18% | -42.03% | -42.07% | -41.61% | ||||||
| Production and operating expenses | -17.77% | -23.92% | -23.73% | -16.96% | -13.30% | ||||||
| Cost of operating revenues | -60.63% | -66.10% | -65.76% | -59.04% | -54.92% | ||||||
| Gross profit | 39.37% | 33.90% | 34.24% | 40.96% | 45.08% | ||||||
| Selling, general and administrative expenses | -1.93% | -3.05% | -3.22% | -1.40% | -1.57% | ||||||
| Exploration expenses | -3.22% | -8.08% | -14.18% | -3.89% | -2.26% | ||||||
| Depreciation, depletion and amortization | -23.52% | -38.25% | -30.82% | -15.86% | -13.66% | ||||||
| Impairments | -22.68% | -0.59% | -7.59% | -1.63% | -0.97% | ||||||
| Taxes other than income taxes | -2.78% | -3.12% | -3.05% | -3.98% | -5.30% | ||||||
| Accretion on discounted liabilities | -1.24% | -1.79% | -1.63% | -0.92% | -0.80% | ||||||
| Operating income (loss) | -16.00% | -20.98% | -26.27% | 13.29% | 20.52% | ||||||
| Equity in earnings of affiliates | 2.65% | 0.22% | 2.22% | 4.81% | 4.08% | ||||||
| Gain on dispositions | 7.48% | 1.52% | 2.00% | 0.19% | 2.28% | ||||||
| Interest income | 0.38% | 0.24% | 0.15% | 0.16% | 0.21% | ||||||
| Other, net | 1.43% | 0.84% | 0.27% | 0.54% | 0.48% | ||||||
| Other income | 1.82% | 1.08% | 0.42% | 0.70% | 0.69% | ||||||
| Interest and debt expense | -3.77% | -5.25% | -3.11% | -1.23% | -1.12% | ||||||
| Foreign currency transaction gains (losses) | -0.12% | 0.08% | 0.25% | 0.13% | 0.11% | ||||||
| Other expense | -1.04% | 0.00% | 0.00% | 0.00% | 0.00% | ||||||
| Income (loss) from continuing operations before income taxes | -8.98% | -23.34% | -24.49% | 17.88% | 26.55% | ||||||
| Income tax (provision) benefit | 6.26% | 8.32% | 9.70% | -6.82% | -11.78% | ||||||
| Income (loss) from continuing operations | -2.72% | -15.02% | -14.78% | 11.06% | 14.77% | ||||||
| Income from discontinued operations | 0.00% | 0.00% | 0.00% | 2.15% | 2.16% | ||||||
| Net income (loss) | -2.72% | -15.02% | -14.78% | 13.21% | 16.94% | ||||||
| Net income attributable to noncontrolling interests | -0.21% | -0.24% | -0.19% | -0.13% | -0.11% | ||||||
| Net income (loss) attributable to ConocoPhillips | -2.94% | -15.26% | -14.98% | 13.08% | 16.83% |
Based on: 10-K (filing date: 2018-02-20), 10-K (filing date: 2017-02-21), 10-K (filing date: 2016-02-23), 10-K (filing date: 2015-02-24), 10-K (filing date: 2014-02-25).
| Item | Description | The company |
|---|---|---|
| Operating income (loss) | The net result for the period of deducting operating expenses from operating revenues. | ConocoPhillips's operating income (loss) as a percentage of sales and other operating revenues increased from 2015 to 2016 and from 2016 to 2017. |
| Income (loss) from continuing operations before income taxes | Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. | ConocoPhillips's income (loss) from continuing operations before income taxes as a percentage of sales and other operating revenues increased from 2015 to 2016 and from 2016 to 2017. |
| Net income (loss) attributable to ConocoPhillips | The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. | ConocoPhillips's net income (loss) attributable to ConocoPhillips as a percentage of sales and other operating revenues declined from 2015 to 2016 but then increased from 2016 to 2017 exceeding 2015 level. |