Financial
Highlights

  1. Total segment earnings before interest and tax (“EBIT”) and return on invested capital (“ROIC”) are non-GAAP financial measures. Reconciliations to the most directly comparable U.S. GAAP financial measures are presented above.
  2. Excludes discontinued operations and adjusted for certain gains & charges.

Total Segment EBIT Reconciliation

Year Ended December 31 (US $ in millions) 2013 2014 2015
Total segment EBIT, adjusted $1,291 $1,206 $1,229
Certain gains & charges 38 (250) 19
Interest income 76 87 43
Interest expense (363) (347) (258)
Income tax (904) (249) (296)
Income from discontinued operations, net of tax 97 32 35
Noncontrolling interests' share of interest and tax 71 36 19
Net income attributable to Bunge $ 306 $ 515 $ 791

ROIC Reconciliation

Year Ended December 31 2013 2014 2015
(US $ in millions) Excludes certain gains & charges Excludes certain gains & charges and Sugar & Bioenergy Excludes certain gains & charges Excludes certain gains & charges and Sugar & Bioenergy Excludes cetain gains & charges Excludes certain gains & charges and Sugar & Bioenergy
Income from continuing operations before income tax $ 1,014 $ 1,014 $ 734 $ 734 $ 1,051 $ 1,051
Interest expense 363 363 347 347 258 258
Certain gains & charges (38) (38) 250 250 (19) (19)
Sugar & Bioenergy EBIT 34 35 22
Operating income before income tax $ 1,339 $ 1,373 $ 1,331 $ 1,366 $ 1,290 $ 1,312
Tax Rate 30% 30% 28% 26% 27% 26%
Return $944 $968 $965 $1,011 $946 $976
Average total capital 1 16,179 13,145 14,639 12,058 11,344 9,794
ROIC 5.8% 7.4% 6.6% 8.4% 8.3% 10.0%

1. Trailing four-quarter average of total equity plus total debt.

Share