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AVANGRID, Inc.$51.98$.34.66%

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Income Statement for AVANGRID, Inc.
(Amounts are in millions) 12/2017 12/2016 12/2015
Press Release Press Release
Net Sales or Revenues $5,963.00 $6,018.00 $4,367.00
Cost of Goods Sold $3,549.00 $3,492.00 $2,780.00
Gross Profit $2,414.00 $2,526.00 $1,587.00
       
Research & Development Expense $0.00 $0.00 $0.00
Selling, General, & Admin. Expense $1,205.00 $528.00 $379.00
Income Before Depreciation $1,209.00 $1,998.00 $1,208.00
       
Depreciation, Depletion, Amortization $824.00 $804.00 $695.00
Non-Operating Income $18.00 $83.00 $55.00
Interest Expense $280.00 $268.00 $267.00
Pretax Income $123.00 $1,009.00 $301.00
       
Provision for Income Taxes ($259.00) $379.00 $34.00
Minority Interest $1.00 $0.00 $0.00
Investment Gains (Losses) $0.00 $0.00 $0.00
Other Income $0.00 $0.00 $0.00
Income Before Extraordinaries $382.00 $630.00 $267.00
       
Extraordinary Items & Disc. Operations $0.00 $0.00 $0.00
Net Income $381.00 $630.00 $267.00
       
Basic Earnings Per Share $1.23 $2.04 $1.05
Diluted Earnings Per Share $1.23 $2.04 $1.05
       
Weighted Average Basic Shares Outstanding 309.50 309.51 254.59
Weighted Average Diluted Shares Outstanding 309.70 309.82 254.61
       
Income Before Non-Recurring Items $682.00 $641.00 $521.00
Income From Non-Recurring Items ($301.00) ($11.00) ($254.00)
Diluted Earnings Per Share before extras $2.20 $2.07 $1.68
       
Dividend (preferred) N/A N/A N/A
Dividend (common) $533.96 $533.96 $0.00
Dividend Per Share (common) $1.73 $1.73 $0.00




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