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KINDER MORGAN ENERGY PARTNERS L P (KMP)

Income Statement Business | Geographic

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-13Dec-31-12Dec-31-11Dec-31-10Dec-31-09Dec-31-08Dec-31-07Dec-31-06
   10-K10-K10-K10-K10-K10-K/A10-K10-K
Revenues:  
    Natural Gas Pipelines  7,110.04,319.03,943.04,078.03,806.98,422.06,466.56,577.7
    CO2  1,857.01,677.01,416.01,246.0 1,133.0824.1736.5
    Products Pipelines  1,853.01,370.0914.0883.0826.6815.9844.4776.3
    Terminals  1,408.01,358.01,314.01,264.01,108.11,172.7963.7864.8
    Other  302.0311.0302.0268.01,261.8196.7119.093.4
Total revenues   [+]12,530.09,035.07,889.07,739.07,003.411,740.39,217.79,048.7
            Revenue growth   [+]38.7%14.5%1.9%10.5%-40.3%27.4%1.9%-7.2%
Cost of goods sold  7,128.04,634.04,768.01,366.01,136.21,282.81,262.1777.0
Gross profit  5,402.04,401.03,121.06,373.05,867.210,457.57,955.68,271.7
            Gross margin  43.1%48.7%39.6%82.3%83.8%89.1%86.3%91.4%
Selling, general and administrative   [+]560.0547.0473.0375.0330.3297.9278.7238.4
Equity in earnings  297.0295.0224.0136.0189.7160.8-69.7-74.0
EBITDA   [+]4,972.03,945.02,736.02,501.02,555.62,415.01,662.11,650.4
            EBITDA margin  39.7%43.7%34.7%32.3%36.5%20.6%18.0%18.2%
Depreciation and amortization  1,446.01,166.0955.0905.0850.8702.7547.0432.8
EBIT   [+]3,526.02,779.01,781.01,596.01,704.81,712.31,115.11,217.6
            EBIT margin  28.1%30.8%22.6%20.6%24.3%14.6%12.1%13.5%
Non-recurring items        377.1 
Interest expense, net   [+]726.0655.0502.0488.0409.0388.2391.4337.8
Other income (expense), net   [+]685.0-15.0-167.018.043.7-6.976.8139.0
Pre-tax income  3,485.02,109.01,112.01,126.01,339.51,317.2423.41,018.8
Income taxes  164.039.045.034.055.7-20.4-71.0-29.0
            Tax rate  4.7%1.8%4.0%3.0%4.2%   
Minority interest  -36.0-18.0-10.0-11.0   -15.4
Earnings from continuing ops  1,565.0-238.0-118.0196.01,283.82,657.4444.52.1
Earnings from discontinued ops   160.0201.0235.0 -1.3152.81,004.1
Net income  1,565.0-78.083.0431.01,283.82,656.1597.32.2
            Net margin  12.5%-0.9%1.1%5.6%18.3%22.6%6.5%0.0%
   
Basic EPS   [+]$3.76($0.68)($0.36)$0.64$1.18$3,910,015.93$444.50$2.11
Diluted EPS   [+]$3.76($0.68)($0.36)$0.64$1.18$3,910,015.93$444.50$2.11
   
Shares outstanding (basic)   [+]416.0351.0326.0307.91,088.00.01.01.0
Shares outstanding (diluted)   [+]416.0351.0326.0307.91,088.00.01.01.0
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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