Msg Life Ag
XHAM:MSGL
Income Statement
Earnings Waterfall
Msg Life Ag
Income Statement
Msg Life Ag
| Dec-2000 | Mar-2001 | Jun-2001 | Sep-2001 | Dec-2001 | Mar-2002 | Jun-2002 | Sep-2002 | Dec-2002 | Mar-2003 | Jun-2003 | Sep-2003 | Dec-2003 | Mar-2004 | Jun-2004 | Sep-2004 | Dec-2004 | Mar-2005 | Jun-2005 | Sep-2005 | Dec-2005 | Mar-2006 | Jun-2006 | Sep-2006 | Dec-2006 | Mar-2007 | Jun-2007 | Sep-2007 | Dec-2007 | Mar-2008 | Jun-2008 | Sep-2008 | Dec-2008 | Mar-2009 | Jun-2009 | Sep-2009 | Dec-2009 | Mar-2010 | Jun-2010 | Sep-2010 | Dec-2010 | Mar-2011 | Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Revenue |
85
N/A
|
87
+3%
|
90
+4%
|
94
+5%
|
95
+1%
|
103
+9%
|
111
+7%
|
120
+8%
|
130
+9%
|
131
+0%
|
130
-1%
|
131
+1%
|
120
-9%
|
107
-11%
|
94
-12%
|
74
-22%
|
68
-9%
|
68
+1%
|
68
-1%
|
68
+0%
|
61
-9%
|
59
-4%
|
58
-1%
|
58
+0%
|
61
+5%
|
62
+1%
|
61
-1%
|
62
+2%
|
64
+4%
|
64
+0%
|
65
+1%
|
65
-1%
|
65
+1%
|
64
-2%
|
61
-4%
|
63
+3%
|
73
+15%
|
87
+20%
|
104
+19%
|
114
+10%
|
119
+5%
|
118
-1%
|
122
+3%
|
131
+8%
|
139
+6%
|
146
+5%
|
145
-1%
|
142
-2%
|
137
-4%
|
132
-4%
|
132
0%
|
130
-1%
|
131
+1%
|
125
-5%
|
119
-5%
|
112
-6%
|
104
-6%
|
107
+3%
|
106
-1%
|
108
+2%
|
108
+0%
|
110
+2%
|
113
+3%
|
117
+3%
|
121
+4%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(7)
|
(4)
|
(1)
|
2
|
7
|
3
|
1
|
(3)
|
(6)
|
(5)
|
(4)
|
(3)
|
(3)
|
(0)
|
(1)
|
(0)
|
(2)
|
(4)
|
(3)
|
(4)
|
(0)
|
(0)
|
(1)
|
(1)
|
(3)
|
(2)
|
(2)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(4)
|
(6)
|
(11)
|
(14)
|
(15)
|
(16)
|
(16)
|
(17)
|
(18)
|
(19)
|
(19)
|
(18)
|
(18)
|
(16)
|
(15)
|
(16)
|
(17)
|
(15)
|
(13)
|
(10)
|
(7)
|
(7)
|
(7)
|
(9)
|
(11)
|
(13)
|
(14)
|
(16)
|
(15)
|
|
| Gross Profit |
77
N/A
|
83
+7%
|
89
+7%
|
96
+9%
|
102
+6%
|
107
+5%
|
112
+5%
|
117
+5%
|
125
+6%
|
126
+1%
|
126
+0%
|
129
+2%
|
117
-9%
|
107
-9%
|
93
-13%
|
74
-21%
|
66
-10%
|
65
-2%
|
65
+0%
|
64
-2%
|
61
-4%
|
58
-5%
|
57
-2%
|
57
N/A
|
58
+1%
|
59
+2%
|
59
0%
|
61
+3%
|
63
+3%
|
63
+0%
|
63
+1%
|
63
-1%
|
64
+2%
|
63
-2%
|
60
-4%
|
62
+3%
|
69
+11%
|
81
+17%
|
93
+15%
|
99
+7%
|
104
+5%
|
102
-2%
|
106
+4%
|
115
+8%
|
121
+6%
|
125
+3%
|
124
0%
|
123
-1%
|
119
-3%
|
116
-3%
|
117
+1%
|
114
-2%
|
115
+0%
|
110
-4%
|
106
-4%
|
101
-4%
|
97
-4%
|
100
+3%
|
99
-1%
|
99
+0%
|
97
-2%
|
98
+0%
|
99
+1%
|
101
+3%
|
106
+5%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(64)
|
(68)
|
(73)
|
(79)
|
(82)
|
(85)
|
(89)
|
(92)
|
(99)
|
(99)
|
(98)
|
(99)
|
(111)
|
(111)
|
(111)
|
(111)
|
(189)
|
(95)
|
(89)
|
(79)
|
(67)
|
(65)
|
(62)
|
(60)
|
(63)
|
(62)
|
(61)
|
(61)
|
(57)
|
(58)
|
(58)
|
(57)
|
(57)
|
(57)
|
(56)
|
(60)
|
(67)
|
(79)
|
(91)
|
(98)
|
(101)
|
(101)
|
(107)
|
(112)
|
(119)
|
(125)
|
(125)
|
(125)
|
(133)
|
(140)
|
(140)
|
(139)
|
(119)
|
(105)
|
(99)
|
(92)
|
(91)
|
(98)
|
(96)
|
(96)
|
(91)
|
(91)
|
(92)
|
(93)
|
(96)
|
|
| Selling, General & Administrative |
(43)
|
(46)
|
(49)
|
(53)
|
(56)
|
(59)
|
(62)
|
(64)
|
(67)
|
(69)
|
(72)
|
(75)
|
(75)
|
(75)
|
(73)
|
(70)
|
(66)
|
(60)
|
(55)
|
(49)
|
(44)
|
(42)
|
(40)
|
(40)
|
(40)
|
(40)
|
(40)
|
(40)
|
(40)
|
(40)
|
(41)
|
(42)
|
(42)
|
(42)
|
(42)
|
(45)
|
(51)
|
(61)
|
(71)
|
(75)
|
(96)
|
(77)
|
(80)
|
(84)
|
(113)
|
(95)
|
(96)
|
(98)
|
(131)
|
(100)
|
(102)
|
(101)
|
(119)
|
(90)
|
(85)
|
(79)
|
(93)
|
(77)
|
(76)
|
(76)
|
(76)
|
(76)
|
(77)
|
(78)
|
(81)
|
|
| Depreciation & Amortization |
(3)
|
(3)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(5)
|
(23)
|
(4)
|
(4)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(4)
|
(4)
|
(4)
|
(4)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(4)
|
(4)
|
(4)
|
(10)
|
(11)
|
(11)
|
(3)
|
(5)
|
(5)
|
(4)
|
(2)
|
(5)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(1)
|
(2)
|
|
| Other Operating Expenses |
(18)
|
(19)
|
(20)
|
(21)
|
(21)
|
(21)
|
(22)
|
(23)
|
(27)
|
(24)
|
(21)
|
(19)
|
(30)
|
(30)
|
(33)
|
(36)
|
(100)
|
(30)
|
(30)
|
(28)
|
(22)
|
(21)
|
(20)
|
(19)
|
(18)
|
(18)
|
(17)
|
(17)
|
(16)
|
(16)
|
(16)
|
(15)
|
(14)
|
(13)
|
(14)
|
(14)
|
(15)
|
(16)
|
(17)
|
(18)
|
(1)
|
(19)
|
(22)
|
(23)
|
(1)
|
(25)
|
(25)
|
(23)
|
3
|
(29)
|
(27)
|
(27)
|
3
|
(10)
|
(10)
|
(9)
|
3
|
(16)
|
(17)
|
(16)
|
(14)
|
(13)
|
(13)
|
(14)
|
(14)
|
|
| Operating Income |
14
N/A
|
15
+6%
|
16
+8%
|
18
+11%
|
21
+17%
|
22
+5%
|
23
+6%
|
25
+8%
|
26
+3%
|
27
+5%
|
27
+2%
|
29
+7%
|
7
-77%
|
(5)
N/A
|
(18)
-293%
|
(37)
-106%
|
(123)
-231%
|
(30)
+76%
|
(24)
+18%
|
(16)
+34%
|
(6)
+61%
|
(6)
-3%
|
(5)
+26%
|
(3)
+33%
|
(5)
-56%
|
(3)
+36%
|
(2)
+39%
|
(0)
+86%
|
5
N/A
|
5
-8%
|
5
+12%
|
5
-1%
|
7
+24%
|
6
-12%
|
4
-36%
|
2
-54%
|
2
-8%
|
1
-10%
|
2
+44%
|
2
-9%
|
3
+43%
|
1
-53%
|
(1)
N/A
|
2
N/A
|
2
-14%
|
2
+7%
|
1
-35%
|
(1)
N/A
|
(14)
-915%
|
(24)
-77%
|
(24)
+2%
|
(25)
-5%
|
(4)
+83%
|
4
N/A
|
7
+56%
|
10
+43%
|
6
-33%
|
2
-63%
|
3
+17%
|
3
+5%
|
6
+96%
|
7
+20%
|
7
-2%
|
8
+22%
|
10
+21%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
1
|
2
|
2
|
1
|
2
|
2
|
2
|
2
|
1
|
1
|
1
|
1
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
3
|
3
|
3
|
3
|
(3)
|
(3)
|
(2)
|
(3)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(60)
|
0
|
(87)
|
(87)
|
(27)
|
3
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(2)
|
(1)
|
(1)
|
(1)
|
0
|
(0)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
1
|
2
|
0
|
0
|
0
|
0
|
0
|
|
| Pre-Tax Income |
15
N/A
|
16
+8%
|
17
+7%
|
19
+10%
|
22
+16%
|
23
+5%
|
25
+6%
|
27
+9%
|
27
+0%
|
28
+4%
|
28
+1%
|
30
+6%
|
7
-76%
|
(4)
N/A
|
(18)
-334%
|
(98)
-439%
|
(124)
-27%
|
(118)
+5%
|
(113)
+5%
|
(44)
+61%
|
(5)
+89%
|
(6)
-34%
|
(5)
+28%
|
(3)
+29%
|
(5)
-61%
|
(3)
+36%
|
(2)
+36%
|
(1)
+76%
|
5
N/A
|
5
-6%
|
5
+12%
|
5
N/A
|
7
+27%
|
6
-10%
|
4
-35%
|
2
-55%
|
2
-15%
|
1
-19%
|
2
+57%
|
5
+161%
|
6
+11%
|
4
-28%
|
2
-57%
|
(0)
N/A
|
(0)
N/A
|
0
N/A
|
(1)
N/A
|
(2)
-57%
|
(20)
-895%
|
(25)
-24%
|
(24)
+3%
|
(25)
-5%
|
(8)
+70%
|
3
N/A
|
6
+74%
|
9
+49%
|
6
-33%
|
2
-65%
|
3
+23%
|
3
+21%
|
7
+111%
|
7
+3%
|
7
-3%
|
8
+16%
|
10
+26%
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(6)
|
(7)
|
(7)
|
(8)
|
(9)
|
(9)
|
(9)
|
(10)
|
(10)
|
(11)
|
(11)
|
(12)
|
(3)
|
2
|
7
|
16
|
1
|
2
|
(1)
|
(5)
|
3
|
0
|
0
|
(0)
|
3
|
3
|
3
|
3
|
0
|
0
|
0
|
(0)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(2)
|
(1)
|
(0)
|
1
|
3
|
3
|
1
|
(1)
|
(1)
|
(0)
|
0
|
(4)
|
(4)
|
(6)
|
(6)
|
1
|
2
|
2
|
8
|
(7)
|
(8)
|
(7)
|
(14)
|
(2)
|
(2)
|
(3)
|
(4)
|
(3)
|
|
| Income from Continuing Operations |
9
|
10
|
10
|
11
|
14
|
14
|
15
|
17
|
17
|
17
|
17
|
18
|
5
|
(2)
|
(11)
|
(82)
|
(123)
|
(116)
|
(113)
|
(49)
|
(2)
|
(6)
|
(4)
|
(3)
|
(2)
|
(0)
|
1
|
2
|
5
|
5
|
6
|
5
|
5
|
4
|
2
|
(0)
|
1
|
(1)
|
1
|
5
|
6
|
7
|
4
|
1
|
(1)
|
(1)
|
(2)
|
(2)
|
(25)
|
(29)
|
(30)
|
(31)
|
(7)
|
6
|
8
|
17
|
(1)
|
(6)
|
(5)
|
(11)
|
5
|
5
|
4
|
4
|
6
|
|
| Income to Minority Interest |
0
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Net Income (Common) |
9
N/A
|
10
+10%
|
10
+5%
|
11
+8%
|
14
+25%
|
14
+6%
|
15
+7%
|
17
+10%
|
17
-2%
|
17
+2%
|
17
+1%
|
18
+3%
|
4
-75%
|
(3)
N/A
|
(11)
-325%
|
(82)
-640%
|
(123)
-49%
|
(98)
+20%
|
(95)
+3%
|
(31)
+67%
|
(2)
+93%
|
(6)
-180%
|
(5)
+23%
|
(3)
+28%
|
(2)
+39%
|
(0)
+85%
|
1
N/A
|
2
+242%
|
5
+150%
|
5
-5%
|
6
+10%
|
5
-5%
|
5
-14%
|
4
-11%
|
2
-62%
|
(0)
N/A
|
1
N/A
|
(1)
N/A
|
1
N/A
|
5
+402%
|
6
+36%
|
7
+3%
|
4
-33%
|
1
-76%
|
(2)
N/A
|
(2)
+17%
|
(3)
-44%
|
(3)
+1%
|
(24)
-834%
|
(29)
-18%
|
(29)
-2%
|
(30)
-3%
|
(6)
+80%
|
6
N/A
|
8
+37%
|
18
+116%
|
(1)
N/A
|
(5)
-531%
|
(5)
+13%
|
(11)
-124%
|
5
N/A
|
5
+4%
|
4
-26%
|
4
+12%
|
6
+60%
|
|
| EPS (Diluted) |
1
N/A
|
1.09
+9%
|
1.14
+5%
|
1.23
+8%
|
1.54
+25%
|
1.62
+5%
|
1.74
+7%
|
1.91
+10%
|
1.87
-2%
|
1.91
+2%
|
1.93
+1%
|
1.98
+3%
|
0.47
-76%
|
-0.27
N/A
|
-1.37
-407%
|
-9.39
-585%
|
-12.9
-37%
|
-11.95
+7%
|
-10.57
+12%
|
-3.62
+66%
|
-0.21
+94%
|
-0.34
-62%
|
-0.23
+32%
|
-0.16
+30%
|
-0.1
+38%
|
-0.01
+90%
|
0.03
N/A
|
0.11
+267%
|
0.25
+127%
|
0.25
N/A
|
0.27
+8%
|
0.25
-7%
|
0.21
-16%
|
0.19
-10%
|
0.08
-58%
|
-0.01
N/A
|
0.04
N/A
|
-0.01
N/A
|
0.01
N/A
|
0.12
+1 100%
|
0.16
+33%
|
0.16
N/A
|
0.11
-31%
|
0.03
-73%
|
-0.05
N/A
|
-0.04
+20%
|
-0.06
-50%
|
-0.06
N/A
|
-0.59
-883%
|
-0.7
-19%
|
-0.72
-3%
|
-0.74
-3%
|
-0.14
+81%
|
0.15
N/A
|
0.21
+40%
|
0.44
+110%
|
-0.02
N/A
|
-0.13
-550%
|
-0.12
+8%
|
-0.26
-117%
|
0.12
N/A
|
0.12
N/A
|
0.09
-25%
|
0.1
+11%
|
0.16
+60%
|
|