v3.3.1.900
QUARTERLY FINANCIAL INFORMATION (UNAUDITED) (TABLES)
12 Months Ended
Dec. 31, 2015
QUARTERLY FINANCIAL INFORMATION (UNAUDITED)  
Quarterly Financial Information (Unaudited)

 

                                                                                                                                                                                    

 

 

Quarter

 

 

 

(US$ in millions, except per share data)

 

First

 

Second

 

Third

 

Fourth

 

Year End

 

2015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net sales

 

$

10,806

 

$

10,782

 

$

10,762

 

$

11,105

 

$

43,455

 

Gross profit

 

 

710

 

 

535

 

 

745

 

 

703

 

 

2,693

 

Income (loss) from discontinued operations, net of tax

 

 

14

 

 

1

 

 

21

 

 

(1

)

 

35

 

Net income (loss)

 

 

260

 

 

93

 

 

234

 

 

203

 

 

790

 

Net income (loss) attributable to Bunge

 

 

263

 

 

86

 

 

239

 

 

203

 

 

791

 

Earnings per common share—basic(1)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

1.79

 

$

0.65

 

$

1.63

 

$

1.42

 

$

5.50

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Net income (loss) from continuing operations

 

$

1.61

 

$

0.50

 

$

1.45

 

$

1.33

 

$

4.90

 

Net income (loss) from discontinued operations

 

 

0.10

 

 

0.01

 

 

0.14

 

 

(0.01

)

 

0.24

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Net income (loss) to Bunge common shareholders

 

$

1.71

 

$

0.51

 

$

1.59

 

$

1.32

 

$

5.14

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Earnings per common share—diluted(1)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

1.69

 

$

0.64

 

$

1.54

 

$

1.35

 

$

5.19

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Net income (loss) from continuing operations

 

$

1.58

 

$

0.50

 

$

1.42

 

$

1.31

 

$

4.84

 

Net income (loss) from discontinued operations

 

 

0.09

 

 

 

 

0.14

 

 

(0.01

)

 

0.23

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Net income (loss) to Bunge common shareholders

 

$

1.67

 

$

0.50

 

$

1.56

 

$

1.30

 

$

5.07

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Weighted-average number of shares:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average number of shares outstanding—basic

 

 

145,164,587

 

 

143,726,689

 

 

143,361,057

 

 

142,466,906

 

 

143,671,546

 

Weighted-average number of shares outstanding—diluted

 

 

153,817,713

 

 

144,626,753

 

 

151,794,399

 

 

150,744,716

 

 

152,238,967

 

Market price:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

High

 

$

92.31

 

$

92.85

 

$

89.86

 

$

79.41

 

 

 

 

Low

 

$

78.50

 

$

83.16

 

$

68.94

 

$

61.81

 

 

 

 

2014

 

 


 

 

 


 

 

 


 

 

 


 

 

 


 

 

Net sales

 

$

13,461

 

$

16,793

 

$

13,676

 

$

13,231

 

$

57,161

 

Gross profit

 

 

414

 

 

793

 

 

719

 

 

695

 

 

2,621

 

Income (loss) from discontinued operations, net of tax

 

 

(5

)

 

15

 

 

27

 

 

(5

)

 

32

 

Net income (loss)

 

 

(19

)

 

277

 

 

304

 

 

(45

)

 

517

 

Net income (loss) attributable to Bunge

 

 

(13

)

 

288

 

 

294

 

 

(54

)

 

515

 

Earnings per common share—basic(1)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

(0.13

)

$

1.89

 

$

2.09

 

$

(0.31

)

$

3.54

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Net income (loss) from continuing operations

 

$

(0.15

)

$

1.75

 

$

1.77

 

$

(0.39

)

$

2.98

 

Net income (loss) from discontinued operations

 

 

(0.03

)

 

0.10

 

 

0.19

 

 

(0.04

)

 

0.22

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Net income (loss) to Bunge common shareholders

 

$

(0.18

)

$

1.85

 

$

1.96

 

$

(0.43

)

$

3.20

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Earnings per common share—diluted(1)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

(0.13

)

$

1.79

 

$

1.97

 

$

(0.31

)

$

3.51

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Net income (loss) from continuing operations

 

$

(0.15

)

$

1.71

 

$

1.73

 

$

(0.39

)

$

2.96

 

Net income (loss) from discontinued operations

 

 

(0.03

)

 

0.10

 

 

0.17

 

 

(0.04

)

 

0.21

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Net income (loss) to Bunge common shareholders

 

$

(0.18

)

$

1.81

 

$

1.90

 

$

(0.43

)

$

3.17

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Weighted-average number of shares:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average number of shares outstanding—basic

 

 

147,497,638

 

 

146,477,301

 

 

145,528,313

 

 

145,365,696

 

 

146,209,508

 

Weighted-average number of shares outstanding—diluted

 

 

147,497,638

 

 

155,039,427

 

 

154,189,825

 

 

145,365,696

 

 

147,230,778

 

Market price:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

High

 

$

81.92

 

$

81.38

 

$

86.36

 

$

92.91

 

 

 

 

Low

 

$

73.51

 

$

74.68

 

$

73.54

 

$

80.97

 

 

 

 


 

 

(1)          

Earnings per share to Bunge common shareholders for both basic and diluted is computed independently for each period presented. As a result, the sum of the quarterly earnings per share for the years ended December 31, 2015 and 2014 does not equal the total computed for the year.