Olin Corporation Financial Statements — OLN 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	1,532	1,586	1,961	2,185	2,515	2,241	2,854	5,551	6,268	6,946	6,110	5,758	8,911	9,376	6,833
+ Sales & Services Revenue	1,532	1,586	1,961	2,185	2,515	2,241	2,854	5,551	6,268	6,946	6,110	5,758	8,911	9,376	6,833
- Cost of Revenue	1,223	1,350	1,574	1,748	2,034	1,853	2,487	4,944	5,555	5,822	5,439	5,375	6,616	7,194	5,668
+ Cost of Goods & Services	1,223	1,350	1,574	1,748	2,034	1,853	2,487	4,944	5,555	5,822	5,439	5,375	6,616	7,194	5,668
Gross Profit	309	236	387	437	481	388	368	606	714	1,124	671	383	2,294	2,182	1,166
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	135	134	160	168	190	165	186	347	370	430	416	421	416	378	364
+ Selling, General & Admin	135	134	161	169	190	166	186	347	370	431	417	422	417	394	407
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	- -	- -	- -	- -	- -	-1	- -	- -	- -	- -	- -	-1	-1	-16	-43
Operating Income (Loss)	174	102	227	268	292	223	182	259	344	694	254	-38	1,879	1,804	802
- Non-Operating (Income) Loss	-36	25	-152	43	42	60	175	293	227	256	291	982	340	128	242
+ Interest Expense, Net	10	24	29	25	38	42	96	188	216	242	242	292	348	142	177
+ Interest Expense	12	25	30	26	39	44	97	192	217	243	243	293	348	144	181
- Interest Income	1	1	1	1	1	1	1	3	2	2	1	- -	- -	2	4
+ Other Non-Op (Income) Loss	-47	- -	-182	18	4	18	79	105	11	15	49	690	-8	-13	66
Pretax Income	210	77	379	225	250	163	7	-34	117	437	-37	-1,020	1,539	1,676	559
- Income Tax Expense (Benefit)	74	12	138	76	71	58	8	-30	-432	109	-26	-50	242	349	107
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	136	65	242	150	179	105	-1	-4	550	328	-11	-970	1,297	1,327	452
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	-1	- -	- -	- -	- -	- -	- -	- -	- -	-16
+ Discontinued Operations	- -	- -	- -	- -	- -	1	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	-1	- -	- -	- -	- -	- -	- -	- -	- -	-16
Income (Loss) Incl. MI	136	65	242	150	179	106	-1	-4	550	328	-11	-970	1,297	1,327	468
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	8
Net Income, GAAP	136	65	242	150	179	106	-1	-4	550	328	-11	-970	1,297	1,327	460
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	136	65	242	150	179	106	-1	-4	550	328	-11	-970	1,297	1,327	460
Basic Weighted Avg Shares	78	79	80	80	80	79	103	165	166	167	162	158	159	145	126
Basic EPS, GAAP	1.74	0.82	3.02	1.87	2.24	1.34	-0.01	-0.02	3.31	1.97	-0.07	-6.14	8.15	9.16	3.66
Basic EPS from Cont Ops	1.74	0.82	3.02	1.87	2.24	1.34	-0.01	-0.02	3.31	1.97	-0.07	-6.14	8.15	9.16	3.59
Diluted Weighted Avg Shares	78	80	81	81	81	80	104	165	168	168	162	158	163	148	129
Diluted EPS, GAAP	1.73	0.81	2.99	1.85	2.21	1.33	-0.01	-0.02	3.26	1.95	-0.07	-6.14	7.96	8.94	3.57
Diluted EPS from Cont Ops	1.73	0.81	2.99	1.85	2.21	1.32	-0.01	-0.02	3.26	1.95	-0.07	-6.14	7.96	8.94	3.51
EBITDA	245	189	326	379	427	362	410	793	903	1,295	852	530	2,461	2,403	1,335
EBITDA Margin (%)	16.01	11.9	16.63	17.36	16.97	16.17	14.38	14.28	14.4	18.65	13.94	9.21	27.62	25.63	19.54
EBITA	174	102	227	268	292	223	182	259	344	694	254	-38	1,879	1,804	802
EBIT	174	102	227	268	292	223	182	259	344	694	254	-38	1,879	1,804	802
Gross Margin (%)	20.16	14.88	19.74	19.99	19.14	17.31	12.88	10.92	11.38	16.18	10.98	6.66	25.75	23.27	17.06
Operating Margin (%)	11.33	6.42	11.57	12.29	11.59	9.96	6.36	4.67	5.49	9.99	4.16	-0.66	21.08	19.24	11.73
Profit Margin (%)	8.86	4.09	12.32	6.85	7.1	4.72	-0.05	-0.07	8.77	4.72	-0.18	-16.84	14.55	14.15	6.73
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	0.8	0.8	0.8	0.8	0.8	0.8	0.77	0.8	0.8	0.8	0.8	0.8	0.8	0.8	0.8
Depreciation Expense	72	87	99	111	135	139	229	534	559	601	597	568	582	599	533

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	860	883	780	749	840	816	1,933	1,546	1,699	1,707	1,714	1,717	2,248	2,156	1,973
+ Cash, Cash Equivalents & STI	458	459	305	165	308	257	392	184	218	179	221	190	180	194	170
+ Cash & Cash Equivalents	458	459	305	165	308	257	392	184	218	179	221	190	180	194	170
+ ST Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	203	193	238	307	282	285	816	700	750	782	774	786	1,107	968	890
+ Accounts Receivable, Net	155	168	221	279	266	263	783	675	733	776	760	771	1,106	853	789
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	48	25	17	28	16	22	33	26	17	6	14	15	- -	115	101
+ Inventories	124	156	177	195	186	210	685	630	683	711	696	675	868	942	859
+ Raw Materials	81	87	111	107	117	102	178	131	141	133	175	230	296	339	331
+ Work In Process	23	25	32	25	26	32	106	111	128	140	121	133	155	200	154
+ Finished Goods	78	104	112	141	116	142	445	425	463	488	450	360	523	559	508
+ Inventory Adjustments	-58	-61	-78	-78	-73	-66	-44	-36	-49	-50	-50	-48	-106	-156	-134
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	75	76	61	82	64	64	40	31	48	35	23	67	93	53	54
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	1,072	1,166	1,669	2,029	1,963	1,882	7,356	7,216	7,519	7,290	7,474	6,554	6,269	5,888	5,740
+ Property, Plant & Equip, Net	695	675	885	1,034	988	931	3,953	3,705	3,576	3,482	3,702	3,532	3,286	3,030	2,864
+ Property, Plant & Equip	1,697	1,743	2,029	2,198	2,247	2,262	5,453	5,596	5,909	6,263	6,970	7,252	7,362	7,443	7,691
- Accumulated Depreciation	1,001	1,068	1,144	1,164	1,259	1,331	1,499	1,892	2,333	2,781	3,268	3,720	4,076	4,413	4,826
+ LT Investments & Receivables	- -	- -	28	29	22	23	25	27	28	9	- -	- -	- -	- -	- -
+ LT Investments	- -	- -	28	29	22	23	25	27	28	9	- -	- -	- -	- -	- -
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	376	491	756	965	954	928	3,377	3,485	3,915	3,799	3,772	3,022	2,983	2,858	2,876
+ Total Intangible Assets	300	300	647	900	885	871	2,852	2,748	2,698	2,631	2,568	1,820	1,752	1,695	1,670
+ Goodwill	300	300	627	747	747	747	2,174	2,118	2,120	2,120	2,120	1,420	1,421	1,421	1,424
+ Other Intangible Assets	- -	- -	19	153	138	124	678	630	578	512	448	399	332	274	246
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	76	191	110	65	68	57	526	737	1,216	1,168	1,204	1,202	1,231	1,163	1,206
Total Assets	1,932	2,049	2,450	2,778	2,803	2,698	9,289	8,763	9,218	8,997	9,188	8,271	8,518	8,044	7,713
+ Payables & Accruals	311	222	288	311	295	269	856	730	838	859	889	990	1,215	1,192	1,146
+ Accounts Payable	118	116	150	174	149	147	608	571	670	636	652	729	848	838	775

Olin Corporation

Income Statement

Balance Sheet