The Kraft Heinz Company Financial Statements — KHC Stock

Income Statement	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	17,797	18,576	18,271	18,218	18,205	18,338	26,300	26,076	26,268	24,977	26,185	26,042	26,485	26,640
+ Sales & Services Revenue	17,797	18,576	18,271	18,218	18,205	18,338	26,300	26,076	26,268	24,977	26,185	26,042	26,485	26,640
- Cost of Revenue	11,777	12,813	12,499	11,395	13,360	12,577	17,154	17,043	17,347	16,830	17,008	17,360	18,363	17,714
+ Cost of Goods & Services	11,777	12,813	12,499	11,395	13,360	12,577	17,154	17,043	17,347	16,830	17,008	17,360	18,363	17,714
Gross Profit	6,020	5,763	5,772	6,823	4,845	5,761	9,146	9,033	8,921	8,147	9,177	8,682	8,122	8,926
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	3,063	2,937	2,961	2,124	2,956	3,122	3,527	2,927	2,839	2,700	3,327	3,367	3,426	3,745
+ Selling, General & Admin	3,063	2,937	2,961	2,124	2,956	3,122	3,527	2,927	2,839	2,700	3,327	3,367	3,426	3,745
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income (Loss)	2,957	2,826	2,811	4,699	1,889	2,639	5,619	6,106	6,082	5,447	5,850	5,315	4,696	5,181
- Non-Operating (Income) Loss	-45	-50	358	609	483	1,626	680	656	17,403	2,786	4,820	3,607	1,730	1,548
+ Interest Expense, Net	3	4	258	501	484	1,321	1,134	1,234	1,249	1,325	1,367	2,032	894	872
+ Interest Expense	3	4	258	501	484	1,321	1,134	1,234	1,284	1,361	1,394	2,047	921	912
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	35	36	27	15	27	40
+ Other Non-Op (Income) Loss	-48	-54	100	108	-1	305	-454	-578	16,154	1,461	3,453	1,575	836	676
Pretax Income	3,002	2,876	2,453	4,090	1,406	1,013	4,939	5,450	-11,321	2,661	1,030	1,708	2,966	3,633
- Income Tax Expense (Benefit)	1,112	1,101	811	1,375	363	366	1,333	-5,482	-1,067	728	669	684	598	787
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	1,890	1,775	1,642	2,715	1,043	647	3,606	10,932	-10,254	1,933	361	1,024	2,368	2,846
- Net Extraordinary Losses (Gains)	-1,644	- -	- -	- -	- -	26	20	-18	-124	-4	10	24	10	-18
+ Discontinued Operations	1,644	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	-3,288	- -	- -	- -	- -	26	20	-18	-124	-4	10	24	10	-18
Income (Loss) Incl. MI	3,534	1,775	1,642	2,715	1,043	621	3,586	10,950	-10,130	1,937	351	1,000	2,358	2,864
- Minority Interest	- -	- -	- -	- -	- -	-13	-10	9	62	2	-5	-12	-5	9
Net Income, GAAP	3,534	1,775	1,642	2,715	1,043	634	3,596	10,941	-10,192	1,935	356	1,012	2,363	2,855
- Preferred Dividends	- -	- -	- -	- -	- -	900	180	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	3,534	1,775	1,642	2,715	1,043	-266	3,416	10,941	-10,192	1,935	356	1,012	2,363	2,855
Basic Weighted Avg Shares	591	591	593	594	593	786	1,217	1,218	1,219	1,221	1,223	1,224	1,226	1,227
Basic EPS, GAAP	5.98	3	2.77	4.57	1.76	-0.34	2.81	8.98	-8.36	1.58	0.29	0.83	1.93	2.33
Basic EPS from Cont Ops	3.2	3	2.77	4.57	1.76	0.82	2.96	8.97	-8.41	1.58	0.3	0.84	1.93	2.32
Diluted Weighted Avg Shares	591	591	598	599	598	786	1,226	1,229	1,219	1,224	1,228	1,236	1,235	1,235
Diluted EPS, GAAP	5.98	3	2.75	4.53	1.74	-0.34	2.79	8.9	-8.36	1.58	0.29	0.82	1.91	2.31
Diluted EPS from Cont Ops	3.2	3	2.75	4.53	1.74	0.82	2.94	8.9	-8.41	1.58	0.29	0.83	1.92	2.3
EBITDA	3,311	3,190	3,239	5,092	2,274	3,379	6,956	7,137	7,065	6,441	6,819	6,225	5,629	6,142
EBITDA Margin (%)	18.6	17.17	17.73	27.95	12.49	18.43	26.45	27.37	26.9	25.79	26.04	23.9	21.25	23.06
EBITA	2,957	2,826	2,811	4,699	1,889	2,639	5,619	6,106	6,082	5,447	5,850	5,315	4,696	5,181
EBIT	2,957	2,826	2,811	4,699	1,889	2,639	5,619	6,106	6,082	5,447	5,850	5,315	4,696	5,181
Gross Margin (%)	33.83	31.02	31.59	37.45	26.61	31.42	34.78	34.64	33.96	32.62	35.05	33.34	30.67	33.51
Operating Margin (%)	16.62	15.21	15.39	25.79	10.38	14.39	21.37	23.42	23.15	21.81	22.34	20.41	17.73	19.45
Profit Margin (%)	19.86	9.56	8.99	14.9	5.73	3.46	13.67	41.96	-38.8	7.75	1.36	3.89	8.92	10.72
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	2.03	2.13	2.8	3.09	2.37	2.61	1.6	1.6	1.6	1.6	1.6
Depreciation Expense	354	364	428	393	385	740	1,337	1,031	983	994	969	910	933	961

Balance Sheet	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	- -	3,272	4,823	4,908	4,791	9,780	8,753	7,201	9,075	8,097	10,822	8,994	7,897	7,929
+ Cash, Cash Equivalents & STI	- -	- -	1,255	1,686	1,293	4,837	4,204	1,629	1,130	2,279	3,417	3,445	1,040	1,400
+ Cash & Cash Equivalents	- -	- -	1,255	1,686	1,293	4,837	4,204	1,629	1,130	2,279	3,417	3,445	1,040	1,400
+ ST Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	- -	903	1,089	1,048	1,080	1,454	1,158	1,812	2,281	1,973	2,063	1,957	2,120	2,112
+ Accounts Receivable, Net	- -	903	1,089	1,048	1,080	1,454	898	1,274	2,129	1,973	2,063	1,957	2,120	2,112
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	- -	- -	260	538	152	- -	- -	- -	- -	- -
+ Inventories	- -	1,943	1,928	1,616	1,775	2,618	2,684	2,760	2,667	2,721	2,773	2,729	3,651	3,614
+ Raw Materials	- -	562	535	453	481	563	542	560	510	511	701	779	1,240	1,247
+ Work In Process	- -	373	326	294	296	393	388	384	343	364	268	268	334	338
+ Finished Goods	- -	1,008	1,067	869	998	1,662	1,754	1,816	1,814	1,846	1,804	1,682	2,077	2,029
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	- -	426	551	558	643	871	707	1,000	2,997	1,124	2,569	863	1,086	803
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	- -	18,267	18,356	18,240	18,156	113,193	111,727	112,891	94,386	93,353	89,008	84,400	82,616	82,410
+ Property, Plant & Equip, Net	- -	4,278	4,204	4,115	4,192	6,524	6,688	7,061	7,078	7,055	6,876	6,806	6,740	7,122
+ Property, Plant & Equip	- -	8,169	8,402	7,822	8,043	7,430	8,518	9,150	9,662	10,242	10,439	10,674	10,952	11,925
- Accumulated Depreciation	- -	3,891	4,198	3,707	3,851	906	1,830	2,089	2,584	3,187	3,563	3,868	4,212	4,803
+ LT Investments & Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	- -	13,989	14,152	14,125	13,964	106,669	105,039	105,830	87,308	86,298	82,132	77,594	75,876	75,288
+ Total Intangible Assets	- -	13,946	13,827	13,734	13,638	105,171	103,422	104,257	85,971	84,198	79,756	74,838	73,482	72,907
+ Goodwill	- -	11,316	11,599	11,505	11,404	43,051	44,125	44,825	36,503	35,546	33,089	31,296	30,833	30,459
+ Other Intangible Assets	- -	2,630	2,228	2,229	2,234	62,120	59,297	59,432	49,468	48,652	46,667	43,542	42,649	42,448
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	- -	43	325	391	326	1,498	1,617	1,573	1,337	2,100	2,376	2,756	2,394	2,381
Total Assets	- -	21,539	23,179	23,148	22,947	122,973	120,480	120,092	103,461	101,450	99,830	93,394	90,513	90,339
+ Payables & Accruals	- -	2,022	2,592	2,546	2,372	5,280	5,415	5,470	5,283	5,034	5,722	6,366	5,861	5,618
+ Accounts Payable	- -	1,447	1,556	1,548	1,537	2,844	3,996	4,362	4,153	4,003	4,304	4,753	4,848	4,627
+ Accrued Taxes	- -	- -	- -	- -	- -	417	255	152	- -	- -	114	541	136	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	- -	575	1,036	998	835	2,019	1,164	956	1,130	1,031	1,304	1,072	877	991
+ ST Debt	- -	8	5	4	1,405	83	2,691	3,195	398	1,028	236	754	837	638
+ ST Borrowings	- -	8	5	4	1,405	83	2,691	3,195	398	1,028	236	754	837	638
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Liabilities	- -	542	1,009	860	996	1,569	1,395	1,489	1,822	1,813	2,103	1,944	2,330	1,781
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging

The Kraft Heinz Company

Income Statement

Balance Sheet