Income Statement International Game Technology PLC

Equities

IGT

GB00BVG7F061

Casinos & Gaming

Market Closed - Nyse Other stock markets 21:00:02 15/01/2025 GMT			5-day change	1st Jan Change
17.51 ^USD	+0.23%		-1.13%	-0.85%

01-15	Sector Update: Consumer Stocks Advance Pre-Bell Wednesday	MT
01-15	Sector Update: Consumer	MT

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Published financial data: INTERNATIONAL GAME TECHNOLOGY PLC

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	4.79B	3.12B	4.09B	4.22B	4.31B
Total Revenues	4.79B	3.12B	4.09B	4.22B	4.31B
Cost of Goods Sold, Total	2.89B	1.98B	2.13B	2.22B	2.2B
Gross Profit	1.9B	1.14B	1.96B	2B	2.11B
Selling General & Admin Expenses, Total	887M	707M	810M	814M	834M
R&D Expenses	266M	191M	238M	255M	234M
Depreciation & Amortization - (IS)	-	-	-	-	-
Amortization of Goodwill and Intangible Assets - (IS)	-	-	-	-	-
Other Operating Expenses	-	4.33M	1M	4M	-
Other Operating Expenses, Total	1.15B	902M	1.05B	1.07B	1.07B
Operating Income	744M	234M	909M	927M	1.04B
Interest Expense, Total	-423M	-418M	-360M	-302M	-310M
Interest And Investment Income	13.29M	14.96M	13M	13M	25M
Net Interest Expenses	-410M	-403M	-347M	-289M	-285M
Income (Loss) On Equity Invest.	-	-	-	-	-
Currency Exchange Gains (Loss)	39.84M	-309M	66M	-36M	-75M
Other Non Operating Income (Expenses)	-9.61M	-5.16M	-6M	-2M	-8M
EBT, Excl. Unusual Items	365M	-483M	622M	600M	671M
Restructuring Charges	-24.86M	-45.04M	-6M	-6M	-37M
Merger & Related Restructuring Charges	-	-	-	-	-
Impairment of Goodwill	-99M	-296M	-	-	-
Gain (Loss) On Sale Of Investments	33.88M	-	-	-	-
Gain (Loss) On Sale Of Assets	27.7M	-	-	278M	-
Asset Writedown	-994K	-	-	-	-
Legal Settlements	-4.6M	-	-	-270M	-
Other Unusual Items	-11.94M	-23.26M	-87M	-13M	-5M
EBT, Incl. Unusual Items	285M	-848M	529M	589M	629M
Income Tax Expense	173M	27.7M	274M	175M	322M
Earnings From Continuing Operations	112M	-875M	255M	414M	307M
Earnings Of Discontinued Operations	-	41.44M	417M	-	-
Net Income to Company	112M	-834M	672M	414M	307M
Minority Interest	-131M	-63.93M	-190M	-139M	-151M
Net Income - (IS)	-19.02M	-898M	482M	275M	156M
Net Income to Common Incl Extra Items	-19.02M	-898M	482M	275M	156M
Net Income to Common Excl. Extra Items	-19.02M	-939M	65M	275M	156M
Per Share Items
Net EPS - Basic	-0.09	-4.39	2.35	1.36	0.78
Basic EPS - Continuing Operations	-0.09	-4.59	0.32	1.36	0.78
Basic Weighted Average Shares Outstanding	204M	205M	205M	202M	200M
Net EPS - Diluted	-0.09	-4.39	2.33	1.35	0.77
Diluted EPS - Continuing Operations	-0.09	-4.59	0.31	1.35	0.77
Diluted Weighted Average Shares Outstanding	204M	205M	207M	203M	203M
Normalized Basic EPS	0.48	-1.79	0.97	1.17	1.34
Normalized Diluted EPS	0.48	-1.79	0.96	1.16	1.32
Dividend Per Share	0.8	0.2	0.2	0.8	0.8
Payout Ratio	-859.41	-4.55	8.51	58.55	102.56
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
EBITDA	1.43B	774M	1.41B	1.4B	1.54B
EBITA	994M	419M	1.09B	1.1B	1.24B
EBIT	744M	234M	909M	927M	1.04B
EBITDAR	1.59B	869M	1.51B	1.48B	1.62B
Total Revenues (As Reported)	4.79B	3.12B	4.09B	4.22B	4.31B
Effective Tax Rate - (Ratio)	60.79	-3.27	51.8	29.71	51.19
Current Domestic Taxes	1.8M	-819K	-	3M	7M
Current Foreign Taxes	240M	107M	236M	248M	294M
Total Current Taxes	241M	106M	236M	251M	301M
Deferred Domestic Taxes	-78K	-190K	-	-	-
Deferred Foreign Taxes	-68.22M	-78.28M	38M	-77M	22M
Total Deferred Taxes	-68.29M	-78.47M	38M	-77M	22M
Normalized Net Income	97.18M	-366M	199M	236M	268M
Interest Capitalized	-	-	-	-	-
Interest on Long-Term Debt	418M	414M	324M	296M	300M
Non-Cash Pension Expense	-	-	-	-	-
Supplemental Operating Expense Items
Advertising Expense	41.4M	25M	-	-	-
Selling and Marketing Expenses	41.4M	-	-	-	-
Research And Development Expense From Footnotes	266M	191M	238M	255M	234M
Net Rental Expense, Total	158M	94.61M	94M	85M	84M
Imputed Operating Lease Interest Expense	64.83M	37.15M	34.99M	31.81M	34.71M
Imputed Operating Lease Depreciation	93.47M	57.47M	59.01M	53.19M	49.29M
Stock-Based Comp., COGS (Total)	2.56M	-1.42M	2M	2M	2M
Stock-Based Comp., R&D Exp. (Total)	2.54M	-1.3M	3M	2M	2M
Stock-Based Comp., SG&A Exp. (Total)	21.41M	-4.16M	30M	37M	38M
Stock-Based Comp., Other (Total)	-	-	-	-	-
Total Stock-Based Compensation	26.51M	-6.88M	35M	41M	42M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	663M	907M	591M	590M	572M
Total Cash And Short Term Investments	663M	907M	591M	590M	572M
Accounts Receivable, Total	1.28B	1.13B	1.12B	882M	888M
Other Receivables	177M	99.82M	250M	156M	107M
Notes Receivable	-	-	-	-	-
Total Receivables	1.46B	1.23B	1.37B	1.04B	995M
Inventory	162M	169M	183M	254M	317M
Prepaid Expenses	66.52M	48.14M	54M	44M	46M
Restricted Cash	231M	199M	218M	150M	167M
Other Current Assets, Total	53.77M	885M	70M	55M	26M
Total Current Assets	2.63B	3.44B	2.49B	2.13B	2.12B
Gross Property Plant And Equipment	4.01B	3.52B	3.35B	3.64B	3.72B
Accumulated Depreciation	-2.18B	-2B	-1.98B	-2.34B	-2.43B
Net Property Plant And Equipment	1.83B	1.52B	1.37B	1.29B	1.29B
Long-term Investments	-	-	-	-	-
Goodwill	5.45B	4.71B	4.66B	4.48B	4.51B
Other Intangibles, Total	3.37B	3.02B	2.55B	2.28B	2.28B
Accounts Receivable Long-Term	198M	159M	161M	157M	166M
Loans Receivable Long-Term	-	-	-	-	-
Deferred Tax Assets Long-Term	27.11M	33.12M	39M	38M	50M
Deferred Charges Long-Term	20.46M	23.94M	17M	9M	-
Other Long-Term Assets, Total	109M	78.79M	47M	44M	43M
Total Assets	13.64B	12.99B	11.32B	10.43B	10.46B
Liabilities
Accounts Payable, Total	1.12B	1.13B	1.04B	731M	797M
Accrued Expenses, Total	639M	514M	484M	496M	426M
Short-term Borrowings	3.19M	480K	52M	-	16M
Current Portion of Long-Term Debt	462M	393M	-	61M	-
Current Portion of Leases	59.17M	55.21M	49M	37M	47M
Current Income Taxes Payable	33.31M	26.12M	104M	32M	83M
Unearned Revenue Current, Total	67.82M	108M	104M	91M	69M
Other Current Liabilities	83.22M	393M	86M	400M	253M
Total Current Liabilities	2.47B	2.62B	1.91B	1.85B	1.69B
Long-Term Debt	7.6B	7.86B	6.48B	5.69B	5.66B
Long-Term Leases	347M	297M	296M	261M	230M
Unearned Revenue Non Current	65.86M	62.18M	47M	49M	43M
Pension & Other Post Retirement Benefits	-	-	-	-	-
Deferred Tax Liability Non Current	367M	333M	368M	305M	344M
Other Non Current Liabilities	311M	267M	249M	301M	549M
Total Liabilities	11.16B	11.43B	9.35B	8.45B	8.51B
Common Stock, Total	20.44M	20.48M	21M	21M	21M
Additional Paid In Capital	2.4B	2.35B	2.33B	2.2B	2.06B
Retained Earnings	-1.02B	-1.92B	-1.44B	-1.16B	-1.01B
Treasury Stock	-	-	-41M	-156M	-156M
Comprehensive Income and Other	263M	330M	412M	529M	521M
Total Common Equity	1.66B	777M	1.28B	1.43B	1.44B
Minority Interest	827M	784M	689M	550M	510M
Total Equity	2.48B	1.56B	1.97B	1.98B	1.95B
Total Liabilities And Equity	13.64B	12.99B	11.32B	10.43B	10.46B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	204M	205M	204M	200M	200M
ECS Total Common Shares Outstanding	204M	205M	204M	199M	200M
Book Value / Share	8.11	3.79	6.29	7.18	7.2
Tangible Book Value	-7.17B	-6.96B	-5.92B	-5.33B	-5.35B
Tangible Book Value Per Share	-35.06	-33.98	-29.07	-26.78	-26.68
Total Debt	8.47B	8.6B	6.87B	6.05B	5.95B
Net Debt	7.81B	7.7B	6.28B	5.46B	5.38B
Debt Equivalent of Unfunded Proj. Benefit Obligation	-	-	-	-	-
Debt Equivalent Oper. Leases	1.27B	757M	752M	680M	672M
Minority Interest, Total (Incl. Fin. Div)	827M	784M	689M	550M	510M
Equity Method Investments, Total	-	-	-	-	-
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Raw Materials, Total	86.88M	86.09M	108M	165M	207M
Inventories - Work In Process, Total	11.66M	23.21M	25M	24M	38M
Inventories - Finished Goods, Total	96.9M	103M	78M	87M	90M
Land - (BS)	2.61M	964K	1M	1M	1M
Buildings, Total	178M	71.1M	58M	60M	67M
Machinery, Total	3.37B	3.02B	2.87B	3.16B	3.28B
Full Time Employees	11.79K	11.03K	10.39K	10.68K	10.96K
Accumulated Allowance for Doubtful Accounts (Supple)	79.6M	58.42M	66M	53M	38M

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	-19.02M	-898M	482M	275M	156M
Depreciation & Amortization - CF	434M	355M	325M	301M	301M
Amortization of Goodwill and Intangible Assets - (CF)	250M	186M	178M	169M	199M
Depreciation & Amortization, Total	684M	540M	503M	470M	500M
Amortization of Deferred Charges, Total - (CF)	258M	257M	258M	230M	223M
(Gain) Loss From Sale Of Asset	-64.71M	-27K	-9M	-278M	-
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Asset Writedown & Restructuring Costs	99M	296M	-	-	-
Stock-Based Compensation (CF)	26.51M	-6.88M	35M	41M	41M
Net Cash From Discontinued Operations	-	271M	-31M	-	-
Other Operating Activities, Total	57.61M	280M	-157M	367M	268M
Change In Accounts Receivable	-58.21M	73.58M	-95M	45M	-5M
Change In Inventories	84.47M	16.63M	-13M	-65M	-59M
Change In Accounts Payable	7.18M	4.6M	-36M	-22M	48M
Change In Income Taxes	-	-	-	-83M	96M
Change in Other Net Operating Assets	18.68M	31.08M	41M	-81M	-228M
Cash from Operations	1.09B	866M	978M	899M	1.04B
Capital Expenditure	-442M	-255M	-238M	-317M	-399M
Sale of Property, Plant, and Equipment	124M	9.25M	21M	22M	16M
Cash Acquisitions	-	-	-	-142M	-
Divestitures	-	-	-	476M	-
Sale (Purchase) of Intangible assets	-	-	-	-	-
Other Investing Activities, Total	5.85M	-23.13M	853M	129M	-10M
Cash from Investing	-312M	-269M	636M	168M	-393M
Short Term Debt Issued, Total	-	67.14M	51M	-	13M
Long-Term Debt Issued, Total	1.4B	750M	1.36B	147M	610M
Total Debt Issued	1.4B	817M	1.41B	147M	623M
Short Term Debt Repaid, Total	-66.39M	-7.14M	-50M	-51M	-
Long-Term Debt Repaid, Total	-1.27B	-1.01B	-2.93B	-597M	-804M
Total Debt Repaid	-1.34B	-1.02B	-2.98B	-648M	-804M
Issuance of Common Stock	-	-	-	-	-
Repurchase of Common Stock	-	-	-41M	-115M	-
Common Dividends Paid	-164M	-40.89M	-41M	-161M	-160M
Common & Preferred Stock Dividends Paid	-164M	-40.89M	-41M	-161M	-160M
Other Financing Activities, Total	-270M	-194M	-242M	-288M	-297M
Cash from Financing	-376M	-438M	-1.9B	-1.06B	-638M
Foreign Exchange Rate Adjustments	-22.2M	75.77M	-37M	-70M	-11M
Miscellaneous Cash Flow Adjustments	-	-	-	-	1M
Net Change in Cash	382M	235M	-321M	-68M	-1M
Supplemental Items
Cash Interest Paid	400M	410M	369M	298M	294M
Cash Income Tax Paid (Refund)	235M	89.01M	188M	335M	205M
Levered Free Cash Flow	768M	83.8M	1.18B	1.1B	698M
Unlevered Free Cash Flow	1.01B	324M	1.39B	1.27B	891M
Change In Net Working Capital	-41.45M	337M	-283M	-282M	124M
Net Debt Issued / Repaid	57.3M	-203M	-1.57B	-501M	-181M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	3.41	1.1	4.67	5.33	6.21
Return on Total Capital	4.27	1.39	5.98	6.87	8.15
Return On Equity %	4.26	-43.27	14.44	20.96	15.62
Return on Common Equity	-1.1	-77.15	6.31	20.29	10.86
Margin Analysis
Gross Profit Margin %	39.66	36.46	47.88	47.34	48.89
SG&A Margin	18.54	22.69	19.81	19.27	19.35
EBITDA Margin %	29.85	24.85	34.53	33.06	35.71
EBITA Margin %	20.78	13.46	26.58	25.94	28.72
EBIT Margin %	15.56	7.5	22.23	21.94	24.11
Income From Continuing Operations Margin %	2.33	-28.1	6.24	9.8	7.12
Net Income Margin %	-0.4	-28.82	11.79	6.51	3.62
Net Avail. For Common Margin %