Illumina, Inc. Financial Statements — ILU.DE Stock

Income Statement	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
Sales/Revenue/Turnover	666	903	1,056	1,149	1,421	1,861	2,220	2,398	2,752	3,333	3,543	3,239	4,526	4,584	4,504
+ Sales & Services Revenue	666	903	1,056	1,149	1,421	1,861	2,220	2,398	2,752	3,333	3,543	3,239	4,526	4,584	4,504
- Cost of Revenue	206	301	346	375	509	564	671	732	926	1,033	1,076	1,036	1,372	1,612	1,760
+ Cost of Goods & Services	206	301	346	375	509	564	671	732	926	1,033	1,076	1,036	1,372	1,612	1,760
Gross Profit	461	602	709	774	912	1,298	1,549	1,666	1,826	2,300	2,467	2,203	3,154	2,972	2,744
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	335	398	459	517	658	854	917	1,088	1,220	1,417	1,482	1,623	3,277	2,618	2,966
+ Selling, General & Admin	176	220	262	286	381	466	516	584	674	794	835	941	2,092	1,297	1,612
+ Research & Development	141	178	197	231	277	388	401	504	546	623	647	682	1,185	1,321	1,354
+ Other Operating Expense	18	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income (Loss)	126	203	250	257	254	443	632	578	606	883	985	580	-123	354	-222
- Non-Operating (Income) Loss	11	18	117	34	95	-5	49	17	-437	-11	-133	-276	-1,007	4,690	895
+ Interest Expense, Net	13	16	28	22	35	38	38	23	18	13	-23	8	61	15	19
+ Interest Expense	24	25	35	38	40	42	43	33	37	57	52	49	61	26	77
- Interest Income	11	8	7	16	5	4	5	10	19	44	75	41	- -	11	58
+ Other Non-Op (Income) Loss	-1	2	90	12	60	-43	11	-6	-455	-24	-110	-284	-1,068	4,675	876
Pretax Income	114	185	133	223	159	449	583	561	1,043	894	1,118	856	884	-4,336	-1,117
- Income Tax Expense (Benefit)	42	60	46	71	34	95	125	133	365	112	128	200	122	68	44
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	72	125	87	151	125	353	458	428	678	782	990	656	762	-4,404	-1,161
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	-8	-70	-96	-88	-24	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	-8	-70	-96	-88	-24	- -	- -	- -	- -
Income (Loss) Incl. MI	72	125	87	151	125	353	466	498	774	870	1,014	656	762	-4,404	-1,161
- Minority Interest	- -	- -	- -	- -	- -	- -	4	35	48	44	12	- -	- -	- -	- -
Net Income, GAAP	72	125	87	151	125	353	462	463	726	826	1,002	656	762	-4,404	-1,161
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	72	125	87	151	125	353	462	463	726	826	1,002	656	762	-4,404	-1,161
Basic Weighted Avg Shares	123	124	123	123	125	136	145	147	146	147	147	147	150	157	158
Basic EPS, GAAP	0.59	1.01	0.7	1.23	1	2.61	3.19	3.15	4.97	5.62	6.82	4.46	5.08	-28.05	-7.35
Basic EPS from Cont Ops	0.59	1.01	0.7	1.23	1	2.61	3.16	2.92	4.64	5.32	6.73	4.46	5.08	-28.05	-7.35
Diluted Weighted Avg Shares	137	143	139	134	140	149	149	148	148	149	149	148	151	157	158
Diluted EPS, GAAP	0.53	0.87	0.62	1.13	0.9	2.37	3.1	3.13	4.91	5.54	6.72	4.43	5.05	-28.05	-7.35
Diluted EPS from Cont Ops	0.53	0.87	0.62	1.13	0.9	2.37	3.07	2.89	4.58	5.25	6.64	4.43	5.05	-28.05	-7.35
EBITDA	157	245	320	322	352	556	759	719	762	1,062	1,173	767	128	748	210
EBITDA Margin (%)	23.53	27.16	30.27	28.02	24.77	29.87	34.19	29.98	27.69	31.86	33.11	23.68	2.83	16.32	4.66
EBITA	126	203	250	257	254	443	632	578	606	883	985	580	-123	354	-222
EBIT	126	203	250	257	254	443	632	578	606	883	985	580	-123	354	-222
Gross Margin (%)	69.12	66.63	67.18	67.35	64.16	69.72	69.77	69.47	66.35	69.01	69.63	68.01	69.69	64.83	60.92
Operating Margin (%)	18.85	22.5	23.72	22.33	17.88	23.82	28.47	24.1	22.02	26.49	27.8	17.91	-2.72	7.72	-4.93
Profit Margin (%)	10.85	13.83	8.21	13.17	8.82	18.98	20.81	19.31	26.38	24.78	28.28	20.25	16.84	-96.07	-25.78
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Depreciation Expense	31	42	69	65	98	113	127	141	156	179	188	187	251	394	432

Balance Sheet	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
Total Current Assets	982	1,258	1,545	1,787	1,618	1,890	2,097	2,318	2,980	4,490	4,451	4,483	2,713	3,561	2,609
+ Cash, Cash Equivalents & STI	694	894	1,190	1,350	1,166	1,338	1,386	1,559	2,145	3,512	3,414	3,472	1,339	2,037	1,054
+ Cash & Cash Equivalents	145	249	303	434	712	636	769	735	1,225	1,144	2,042	1,810	1,232	2,011	1,048
+ ST Investments	549	645	887	916	454	702	617	824	920	2,368	1,372	1,662	107	26	6
+ Accounts & Notes Receiv	158	166	174	215	239	289	386	381	411	514	573	487	648	671	734
+ Accounts Receivable, Net	158	166	175	217	241	293	393	381	411	514	573	487	648	671	734
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	-1	-2	-2	-3	-8	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventories	93	142	129	159	154	191	271	300	333	386	359	372	431	568	587
+ Raw Materials	40	56	58	62	57	73	98	102	93	117	108	106	144	247	276
+ Work In Process	52	74	53	76	70	94	138	161	188	218	225	244	333	386	402
+ Finished Goods	11	24	17	21	27	24	35	37	52	51	26	22	32	28	30
+ Inventory Adjustments	-11	-12	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-78	-93	-121
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	38	56	52	63	59	71	54	78	91	78	105	152	295	285	234
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	448	581	651	779	1,401	1,450	1,591	1,962	2,277	2,469	2,865	3,102	12,504	8,691	7,502
+ Property, Plant & Equip, Net	117	130	143	166	203	265	343	713	931	1,075	1,444	1,454	1,696	1,744	1,551
+ Property, Plant & Equip	191	231	280	320	380	480	609	1,040	1,347	1,596	2,012	2,132	2,492	2,706	2,689
- Accumulated Depreciation	74	102	137	153	178	215	267	327	416	521	568	678	796	962	1,138
+ LT Investments & Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	331	451	508	613	1,199	1,185	1,248	1,249	1,346	1,394	1,421	1,648	10,808	6,947	5,951
+ Total Intangible Assets	257	348	428	500	1,054	1,039	1,026	1,018	946	1,016	969	1,039	10,363	6,524	5,538
+ Goodwill	213	278	322	369	723	725	753	776	771	831	824	897	7,113	3,239	2,545
+ Other Intangible Assets	44	70	106	130	331	314	274	242	175	185	145	142	3,250	3,285	2,993
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	74	103	79	113	145	145	222	231	400	378	452	609	445	423	413
Total Assets	1,430	1,839	2,196	2,566	3,019	3,340	3,688	4,281	5,257	6,959	7,316	7,585	15,217	12,252	10,111
+ Payables & Accruals	151	223	92	128	135	210	288	227	265	329	299	343	547	1,016	1,009
+ Accounts Payable	53	67	50	66	74	83	139	138	160	184	149	192	332	293	245
+ Accrued Taxes	- -	- -	19	23	30	39	44	32	50	82	86	68	98	97	79
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	98	156	23	39	31	88	104	57	55	63	64	83	117	626	685
+ ST Debt	290	312	- -	37	29	304	84	225	154	1,107	45	562	71	1,324	86
+ ST Borrowings	290	312	- -	37	29	304	75	2	10	1,107	- -	511	- -	1,248	- -
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	9	223	144	- -	45	51	71	76	86
+ Other ST Liabilities	- -	- -	135	140	158	208	238	253	327	368	321	339	475	433	475
+ Deferred Revenue	- -	- -	71	70	64	96	118	141	150	175	167	186	234	245	252
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	- -	- -	64	70	93	113	121	112	177	193	154	153	241	188	223
Total Current Liabilities	441	535	227	305	322	722	610	705	746	1,804	665	1,244	1,093	2,773	1,570
+ LT Debt	- -	- -	807	805	839	987	1,016	1,056	1,182	890	1,836	1,344	2,469	2,231	2,176
+ LT Borrowings	- -	- -	807	805	839	987	1,016	1,056	1,182	890	1,141	673	1,695	1,487	1,489
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	695	671	774	744	687
+ Other LT Liabilities	124	107	86	138	324	168	213	250	580	420	202	303	915	649	620
+ Accrued Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	124	107	86	138	324	168	213	250	580	420	202	303	915	649	620
Total Noncurrent Liabilities	124	107	894	943	1,164	1,155	1,229	1,306	1,762	1,310	2,038	1,647	3,384	2,880	2,796
Total Liabilities	566	641	1,121	1,248	1,486	1,877	1,839	2,011	2,508	3,114	2,703	2,891	4,477	5,653	4,366
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	1,639	1,893	2,252	2,422	2,564	2,175	2,499	2,735	2,835	3,292	3,562	3,817	8,940	9,209	9,557
+ Common Stock	1	2	2	2	2	2	2	2	2	2	2	2	2	2	2
+ Additional Paid in Capital	1,638	1,891	2,250	2,420	2,563	2,173	2,498	2,733	2,833	3,290	3,560	3,815	8,938	9,207	9,555
- Treasury Stock	498	542	1,110	1,188	1,240	1,272	1,674	2,022	2,341	2,616	3,021	3,848	3,702	3,755	3,792
+ Retained Earnings	-280	-155	-69	83	208	561	1,023	1,485	2,256	3,083	4,067	4,723	5,485	1,142	-19
+ Other Equity	3	2	2	2	1	-1	- -	-1	-1	-1	5	2	17	3	-1
Equity Before Minority Interest	864	1,198	1,075	1,319	1,533	1,463	1,849	2,197	2,749	3,758	4,613	4,694	10,740	6,599	5,745
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	73	- -	87	- -	- -	- -	- -	- -
Total Equity	864	1,198	1,075	1,319	1,533	1,463	1,849	2,270	2,749	3,845	4,613	4,694	10,740	6,599	5,745
Total Liabilities & Equity	1,430	1,839	2,196	2,566	3,019	3,340	3,688	4,281	5,257	6,959	7,316	7,585	15,217	12,252	10,111
Shares Outstanding	119	127	122	124	128	144	147	146	147	147	147	146	157	158	159
Capital Leases - Total	- -	- -	- -	- -	- -	- -	9	223	144	- -	740	722	845	820	773
Net Debt	146	63	504	408	157	655	322	323	-33	853	-901	-626	463	724	441
Net Debt to Equity	16.84	5.23	46.91	30.97	10.24	44.77	17.41	14.23	-1.2	22.18	-19.53	-13.34	4.31	10.97	7.68
Tangible Common Equity Ratio	51.76	56.98	36.6	39.63	24.38	18.41	30.9	38.37	41.82	47.6	57.41	55.84	7.77	1.31	4.53
Current Ratio	2.22	2.35	6.81	5.87	5.02	2.62	3.43	3.29	3.99	2.49	6.69	3.6	2.48	1.28	1.66
Cash Conversion Cycle	160.65	145.54	137.81	150.23	120.6	116.68	128.09	134.75	120.57	119.87	124.42	129.17	85.75	100.4	121.5
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Cash Flow Statement	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
+ Net Income	72	125	87	151	125	353	458	428	678	782	990	656	762	-4,404	-1,161
+ Depreciation & Amortization	31	42	69	65	98	113	127	141	156	179	188	187	251	394	432
+ Non-Cash Items	85	108	167	93	10	92	241	255	-154	199	67	164	-316	4,198	1,297
+ Stock-Based Compensation	61	72	92	94	106	153	133	129	164	193	194	194	754	366	380
+ Deferred Income Taxes	30	49	19	-22	-37	100	81	94	81	-18	11	117	-76	-23	-33
+ Asset Impairment Charge	- -	- -	- -	21	25	-2	- -	- -	23	- -	- -	- -	6	3,923	927
+ Other Non-Cash Adj	-6	-12	56	-1	-85	-159	27	32	-422	24	-138	-147	-1,000	-68	23
+ Chg in Non-Cash Work Cap	-16	-2	35	-18	153	-56	-40	-45	195	-18	-194	73	-152	204	-90
+ (Inc) Dec in Accts Receiv	-19	-8	-7	-34	-16	-50	-96	3	-26	-105	-58	89	-164	-12	-40
+ (Inc) Dec in Inventories	-21	-49	22	-24	6	-37	-81	-30	-33	-53	25	-12	-58	-135	-20
+ (Inc) Dec in Prepaid Assets	-3	3	-2	-3	2	7	-11	-1	8	5	-14	-20	-64	16	11
+ Inc (Dec) in Accts Payable	32	55	18	40	174	58	145	-26	91	148	-79	33	161	343	-29
+ Inc (Dec) in Other	-5	-4	4	4	-13	-34	3	9	155	-13	-68	-17	-27	-8	-12
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	172	273	358	292	386	501	786	779	875	1,142	1,051	1,080	545	392	478
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-56	-56	-80	-81	-91	-142	-143	-271	-312	-296	-209	-189	-208	-466	-196
+ Acq of Fixed Prod Assets	-53	-50	-78	-69	-79	-106	-143	-260	-310	-296	-209	-189	-208	-286	-195
+ Acq of Intangible Assets	-3	-7	-2	-12	-11	-36	- -	-11	-2	- -	- -	- -	- -	-180	-1
+ Net Change in LT Investment	-199	-130	-263	-27	449	-261	73	-226	-128	-1,417	968	-267	1,583	-40	-6
+ Dec in LT Investment	515	744	1,061	899	813	542	876	683	643	1,457	2,016	1,791	1,660	- -	- -
+ Inc in LT Investment	-714	-874	-1,324	-925	-364	-803	-803	-909	-771	-2,874	-1,048	-2,058	-77	-40	-6
+ Net Cash From Acq & Div	-1	-98	-58	-42	-428	-3	-37	-18	226	-100	-14	-98	-2,444	-85	-29
+ Cash from Divestitures	- -	- -	- -	41	96	- -	- -	- -	278	- -	15	- -	- -	- -	- -
+ Cash for Acq of Subs	-1	-98	-58	-83	-524	-3	-37	-18	-52	-100	-29	-98	-2,444	-85	-29
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-257	-285	-401	-150	-70	-407	-107	-515	-214	-1,813	745	-554	-1,069	-591	-231
+ Dividends Paid	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Debt	-10	- -	554	- -	-22	-142	-245	-61	-4	731	-550	- -	471	991	-1,235
+ Cash From Debt	- -	- -	903	- -	- -	1,132	- -	5	5	735	- -	- -	988	991	- -
+ Repayments of Debt	-10	- -	-350	- -	-22	-1,275	-245	-66	-9	-4	-550	- -	-517	- -	-1,235
+ Cash (Repurchase) of Equity	-136	58	-508	-28	44	-141	-202	-202	-180	-155	-265	-675	60	63	67
+ Increase in Capital Stock	39	102	62	54	94	96	72	47	71	46	59	61	60	63	67
+ Decrease in Capital Stock	-175	-44	-570	-83	-50	-237	-274	-249	-251	-201	-324	-736	- -	- -	- -
+ Other Financing Activities	47	58	52	17	-61	116	-98	-33	8	18	-82	-91	-582	-54	-42
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	-99	116	97	-11	-39	-167	-545	-296	-176	594	-897	-766	-51	1,000	-1,210
Effect of Foreign Exchange Rates	1	- -	- -	- -	- -	-3	-1	-2	5	-4	-1	8	-3	-22	- -
Net Changes in Cash	-183	104	54	131	278	-72	134	-32	485	-77	899	-240	-575	801	-963
Capital Expenditures	-56	-56	-80	-81	-91	-142	-143	-271	-312	-296	-209	-189	-208	-466	-196
EBITDA	157	245	320	322	352	556	759	719	762	1,062	1,173	767	128	748	210
EBITDA Margin (%)	23.53	27.16	30.27	28.02	24.77	29.87	34.19	29.98	27.69	31.86	33.11	23.68	2.83	16.32	4.66
Net Cash Paid for Acquisitions	1	98	58	42	428	3	37	18	-226	100	14	98	2,444	85	29
Free Cash Flow	116	216	279	211	296	359	643	508	563	846	842	891	337	-74	282
Free Cash Flow to Firm	131	233	301	237	327	392	677	533	587	896	888	929	390	- -	- -
Free Cash Flow to Equity	110	223	834	223	286	253	398	458	561	1,577	292	891	808	1,097	-952
Free Cash Flow per Basic Share	0.94	1.75	2.26	1.71	2.37	2.65	4.44	3.46	3.86	5.76	5.73	6.06	2.25	-0.47	1.78
Price/Free Cash Flow	16.71	28.42	22.42	25.82	22.06	15.34	9.56	8.08	8.16	6.46	39.39	43.18	76.04	36.62	33.3
Cash Flow to Net Income	2.38	2.18	4.13	1.93	3.08	1.42	1.7	1.68	1.21	1.38	1.05	1.65	0.72	-0.09	-0.41

Illumina, Inc.

Income Statement

Balance Sheet

Cash Flow Statement