Vale S.A.

VALE ·Basic Materials, Other Industrial Metals & Mining
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2017 FY2016 FY2015 FY2012 FY2011 FY2010 FY2009 FY2008
Revenue $33.97B $27.49B $23.38B $48.75B $62.35B $48.22B $23.94B $38.51B
Cost of Revenue
Gross Profit
Gross Margin
Operating Expenses
Research & Development $1.48B $1.67B $878.0M $981.0M $1.09B
SG&A Expense $2.24B $2.33B $1.70B $1.13B $1.75B
Operating Income $10.93B $7.05B $-6.23B $9.22B $30.11B $21.70B $6.06B $14.75B
Operating Margin 32.2% 25.7% -26.6% 18.9% 48.3% 45.0% 25.3% 38.3%
Interest Expense
Pretax Income $7.83B $7.98B $-17.68B $5.42B $26.80B $20.31B $7.12B $13.22B
Income Tax Expense $1.50B $2.78B $-5.25B $-833.0M $5.28B $3.71B $2.10B $535.0M
Net Income $5.51B $3.98B $-12.13B $5.51B $22.89B $17.26B $5.35B $13.22B
Net Margin 16.2% 14.5% -51.9% 11.3% 36.7% 35.8% 22.3% 34.3%
EPS (Basic)
EPS (Diluted)
Shares Outstanding (Basic) 3.26B 5.18B 5.25B 5.21B 5.21B
Shares Outstanding (Diluted) 3.26B 5.18B 5.25B 5.21B 5.21B
Dividends Per Share
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