TechnipFMC (FTI, 0RMV) β†’ Stock, financial statements
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TechnipFMC

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Financial statements β€” TechnipFMC

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20 ← 16 2020 2019 2018 2017 2016
Total Revenue
13B 13B 13B 15B 4.5B
Cost Of Revenue
11B 11B 10B 13B 3.5B
Gross Profit
1.8B 2.5B 2.3B 2.5B 1B
Research and Development
120M 160M 190M 210M 110M
Selling General and Admin
1.1B 1.2B 1.1B 1.1B 580M
Operating Expense
12B 12B 12B 14B 4.2B
Operating Income
660M 1.1B 950M 1.3B 320M
Other Income Expense Net
0 0 0 0 0
EBIT
720M 1.1B 1.1B 1.3B 320M
Interest Income
290M 450M 360M 320M 30M
Pretax Income
-3.1B -2.1B -1.5B 680M 130M
Income Tax
150M 280M 420M 550M 80M
Minority Interest
50M 3.1M 11M 21M -1.4M
Net Income
-3.3B -2.4B -1.9B 110M 38M
Net Income Basic
-3.3B -2.4B -1.9B 110M 38M
20 ← 16 2020 2019 2018 2017 2016
Current cash
4.8B 5.2B 5.5B 6.8B 1B
Short term investments
2B 2.1B 1.7B 2.6B 250M
Receivables
3.3B 3.1B 3.2B 2.5B 1.5B
Inventory
1.3B 1.4B 1.3B 990M 590M
Other current assets
2B 2.1B 1.7B 2.6B 250M
Current assets
11B 12B 12B 13B 3.3B
Long term investments
8.2B 12B 13B 15B 2.4B
Property plant equipment
2.9B 3.2B 3.3B 3.9B 1.3B
Goodwill
2.5B 5.6B 7.6B 8.9B 520M
Intangible assets
980M 1.1B 1.2B 1.3B 270M
Other assets
300M 330M 330M 420M 82M
Total assets
20B 24B 25B 28B 5.7B
Accounts payable
2.7B 2.7B 2.6B 4B 350M
Current long term debt
660M 500M 67M 77M 320M
Other current liabilities
7B 7B 6.5B 5.8B 1.1B
Total current liabilities
10B 10B 9.1B 9.8B 1.8B
Long term debt
3.3B 4B 4.1B 3.8B 910M
Other liabilities
740M 850M 850M 830M 290M
Minority Interest
100M 70M 70M 22M 15M
Total Liabilities
16B 16B 14B 15B 3.1B
Common stock
450M 450M 460M 470M 230M
Retained earning
-4.9B -1.6B 1.1B 3.4B 4.3B
Treasury stock
0 0 0 0 -1.6B
Capital surplus
β€’ β€’ β€’ β€’ β€’
Shareholder equity
4.2B 7.7B 10B 13B 2.6B
Net tangible assets
660M 970M 1.6B 3.1B 1.8B
20 ← 16 2020 2019 2018 2017 2016
Net Income
-3.3B -2.4B -1.9B 110M 38M
Depreciation
450M 510M 550M 610M 240M
Changes in receivables
210M -110M 720M 1.1B 1.5B
Changes in inventories
-150M 160M 260M 390M 590M
Cash change
-410M -300M -1.3B 5.8B 1B
Cash flow
660M 850M 190M 210M 270M
Capital expenditures
-290M -450M -370M -260M -120M
Investments
β€’ β€’ β€’ β€’ β€’
Investing activity other
β€’ β€’ β€’ β€’ β€’
Total investing cash flows
-180M -420M -460M 1.3B -190M
Dividends paid
59M β€’ β€’ β€’ β€’
Net borrowings
-2.8B -2.9B -3.1B -5.6B -44M
Other financing cash flows
β€’ β€’ β€’ β€’ β€’
Cash flow financing
-1.1B -780M -440M -1.1B 500K
Exchange rate effect
β€’ β€’ β€’ β€’ β€’

A leading British company in the field of industrial energy, a world leader in the field of underwater, marine and land technologies. Owns and operates 21 marine vessels, and 4 more are under construction. The corporation provides services to oil and gas companies: designs and builds onshore facilities for oil and gas production, processing and transportation. For the same purpose, floating platforms are being built and deep-sea exploration is being conducted.

In 2019, the corporation decides to split into two independent companies, RemainCo and SpinCo. The first will become an integrated supplier of technologies and services in the field of traditional energy, and the second-an engineering and construction structure that will deal with the global transition to alternative energy. This process was planned to be implemented during the first half of 2020, but due to the COVID-2019 pandemic, the company announced its temporary suspension.

The corporation also owns factories for the production of umbilical cable and flexible pipes in France, Brazil and Malaysia. Its operations centers are located all over the world: in Africa, Asia, Australia, the middle East, Europe, North and South America.