Financial Statements for Meritor Inc

Search Images Videos Maps News Shopping Gmail More »

Help | Sign in

Recent Quotes

You have no recent quotes

chg | %

Meritor Inc financials

Watch this stock

Income Statement

Balance Sheet

Cash Flow

View: Quarterly Data | Annual Data

Hide charts

In Millions of USD (except for per share items)	3 months ending 2012-03-31	3 months ending 2011-12-31	3 months ending 2011-09-30	3 months ending 2011-06-30
Revenue	1,160.00	1,159.00	1,217.00	1,272.00
Other Revenue, Total	-	-	-	-
Total Revenue	1,160.00	1,159.00	1,217.00	1,272.00
Cost of Revenue, Total	1,026.00	1,053.00	1,099.00	1,137.00
Gross Profit	134.00	106.00	118.00	135.00
Selling/General/Admin. Expenses, Total	72.00	65.00	66.00	72.00
Research & Development	-	-	-	-
Depreciation/Amortization	-	-	-	-
Interest Expense(Income) - Net Operating	-	-	-	-
Unusual Expense (Income)	3.00	24.00	7.00	7.00
Other Operating Expenses, Total	1.00	1.00	0.00	0.00
Total Operating Expense	1,102.00	1,143.00	1,172.00	1,216.00
Operating Income	58.00	16.00	45.00	56.00
Interest Income(Expense), Net Non-Operating	-	-	-	-
Gain (Loss) on Sale of Assets	0.00	3.00	-	-
Other, Net	1.00	1.00	7.00	5.00
Income Before Tax	50.00	11.00	49.00	60.00
Income After Tax	33.00	-9.00	41.00	32.00
Minority Interest	-4.00	-4.00	-3.00	-5.00
Equity In Affiliates	-	-	-	-
Net Income Before Extra. Items	29.00	-13.00	38.00	27.00
Accounting Change	-	-	-	-
Discontinued Operations	-	-	-	-
Extraordinary Item	-	-	-	-
Net Income	20.00	-22.00	31.00	17.00
Preferred Dividends	-	-	-	-
Income Available to Common Excl. Extra Items	29.00	-13.00	38.00	27.00
Income Available to Common Incl. Extra Items	20.00	-22.00	31.00	17.00
Basic Weighted Average Shares	-	-	-	-
Basic EPS Excluding Extraordinary Items	-	-	-	-
Basic EPS Including Extraordinary Items	-	-	-	-
Dilution Adjustment	-	0.00	-	0.00
Diluted Weighted Average Shares	97.20	94.50	96.80	103.70
Diluted EPS Excluding Extraordinary Items	0.30	-0.14	0.39	0.26
Diluted EPS Including Extraordinary Items	-	-	-	-
Dividends per Share - Common Stock Primary Issue	0.00	0.00	0.00	0.00
Gross Dividends - Common Stock	-	-	-	-
Net Income after Stock Based Comp. Expense	-	-	-	-
Basic EPS after Stock Based Comp. Expense	-	-	-	-
Diluted EPS after Stock Based Comp. Expense	-	-	-	-
Depreciation, Supplemental	-	-	-	-
Total Special Items	-	-	-	-
Normalized Income Before Taxes	-	-	-	-
Effect of Special Items on Income Taxes	-	-	-	-
Income Taxes Ex. Impact of Special Items	-	-	-	-
Normalized Income After Taxes	-	-	-	-
Normalized Income Avail to Common	-	-	-	-
Basic Normalized EPS	-	-	-	-
Diluted Normalized EPS	0.32	0.01	0.44	0.30

In Millions of USD (except for per share items)	12 months ending 2011-09-30	12 months ending 2010-09-30	12 months ending 2009-09-30	12 months ending 2008-09-30
Revenue	4,622.00	3,530.00	3,020.00	4,819.00
Other Revenue, Total	-	-	-	-
Total Revenue	4,622.00	3,530.00	3,020.00	4,819.00
Cost of Revenue, Total	4,146.00	3,105.00	2,717.00	4,344.00
Gross Profit	476.00	425.00	303.00	475.00
Selling/General/Admin. Expenses, Total	278.00	281.00	202.00	308.00
Research & Development	-	-	-	-
Depreciation/Amortization	-	-	-	-
Interest Expense(Income) - Net Operating	-	-	-	-
Unusual Expense (Income)	22.00	6.00	74.00	0.00
Other Operating Expenses, Total	2.00	6.00	1.00	3.00
Total Operating Expense	4,448.00	3,398.00	2,994.00	4,655.00
Operating Income	174.00	132.00	26.00	164.00
Interest Income(Expense), Net Non-Operating	-	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	-
Other, Net	10.00	2.00	0.00	0.00
Income Before Tax	159.00	76.00	-52.00	115.00
Income After Tax	82.00	28.00	-720.00	-46.00
Minority Interest	-17.00	-14.00	-12.00	-15.00
Equity In Affiliates	-	-	-	-
Net Income Before Extra. Items	65.00	14.00	-732.00	-61.00
Accounting Change	-	-	-	-
Discontinued Operations	-	-	-	-
Extraordinary Item	-	-	-	-
Net Income	63.00	12.00	-1,188.00	-105.00
Preferred Dividends	-	-	-	-
Income Available to Common Excl. Extra Items	65.00	14.00	-732.00	-61.00
Income Available to Common Incl. Extra Items	63.00	12.00	-1,188.00	-105.00
Basic Weighted Average Shares	-	-	-	-
Basic EPS Excluding Extraordinary Items	-	-	-	-
Basic EPS Including Extraordinary Items	-	-	-	-
Dilution Adjustment	-	-	0.00	0.00
Diluted Weighted Average Shares	96.90	87.60	72.50	72.10
Diluted EPS Excluding Extraordinary Items	0.67	0.16	-10.10	-0.85
Diluted EPS Including Extraordinary Items	-	-	-	-
Dividends per Share - Common Stock Primary Issue	0.00	0.00	0.10	0.40
Gross Dividends - Common Stock	-	-	-	-
Net Income after Stock Based Comp. Expense	-	-	-	-
Basic EPS after Stock Based Comp. Expense	-	-	-	-
Diluted EPS after Stock Based Comp. Expense	-	-	-	-
Depreciation, Supplemental	-	-	-	-
Total Special Items	-	-	-	-
Normalized Income Before Taxes	-	-	-	-
Effect of Special Items on Income Taxes	-	-	-	-
Income Taxes Ex. Impact of Special Items	-	-	-	-
Normalized Income After Taxes	-	-	-	-
Normalized Income Avail to Common	-	-	-	-
Basic Normalized EPS	-	-	-	-
Diluted Normalized EPS	0.80	0.25	-9.42	-0.85

In Millions of USD (except for per share items)	As of 2012-03-31	As of 2011-12-31	As of 2011-09-30	As of 2011-06-30
Cash & Equivalents	109.00	211.00	217.00	201.00
Short Term Investments	-	-	-	-
Cash and Short Term Investments	109.00	211.00	217.00	201.00
Accounts Receivable - Trade, Net	703.00	611.00	712.00	839.00
Receivables - Other	-	-	-	-
Total Receivables, Net	712.00	620.00	721.00	850.00
Total Inventory	489.00	483.00	460.00	502.00
Prepaid Expenses	22.00	20.00	18.00	15.00
Other Current Assets, Total	34.00	43.00	43.00	45.00
Total Current Assets	1,366.00	1,377.00	1,459.00	1,613.00
Property/Plant/Equipment, Total - Gross	1,415.00	1,384.00	1,435.00	1,465.00
Accumulated Depreciation, Total	-1,011.00	-989.00	-1,014.00	-1,048.00
Goodwill, Net	433.00	428.00	431.00	438.00
Intangibles, Net	22.00	22.00	23.00	22.00
Long Term Investments	197.00	184.00	174.00	194.00
Other Long Term Assets, Total	78.00	82.00	88.00	87.00
Total Assets	2,565.00	2,553.00	2,663.00	2,838.00
Accounts Payable	809.00	771.00	841.00	905.00
Accrued Expenses	137.00	126.00	153.00	-
Notes Payable/Short Term Debt	21.00	84.00	84.00	84.00
Current Port. of LT Debt/Capital Leases	-	-	-	-
Other Current liabilities, Total	206.00	216.00	176.00	398.00
Total Current Liabilities	1,173.00	1,197.00	1,254.00	1,387.00
Long Term Debt	954.00	951.00	950.00	950.00
Capital Lease Obligations	-	-	-	-
Total Long Term Debt	954.00	951.00	950.00	950.00
Total Debt	975.00	1,035.00	1,034.00	1,034.00
Deferred Income Tax	95.00	93.00	92.00	88.00
Minority Interest	40.00	37.00	34.00	46.00
Other Liabilities, Total	1,288.00	1,295.00	1,329.00	1,376.00
Total Liabilities	3,550.00	3,573.00	3,659.00	3,847.00
Redeemable Preferred Stock, Total	-	-	-	-
Preferred Stock - Non Redeemable, Net	-	-	-	-
Common Stock, Total	96.00	94.00	94.00	93.00
Additional Paid-In Capital	898.00	899.00	897.00	897.00
Retained Earnings (Accumulated Deficit)	-1,159.00	-1,179.00	-1,157.00	-1,188.00
Treasury Stock - Common	-	-	-	-
Other Equity, Total	-820.00	-834.00	-829.00	-811.00
Total Equity	-985.00	-1,020.00	-995.00	-1,009.00
Total Liabilities & Shareholders' Equity	2,565.00	2,553.00	2,664.00	2,838.00
Shares Outs - Common Stock Primary Issue	-	-	-	-
Total Common Shares Outstanding	96.40	94.60	94.60	94.40

In Millions of USD (except for per share items)	As of 2011-09-30	As of 2010-09-30	As of 2009-09-30	As of 2008-09-30
Cash & Equivalents	217.00	343.00	95.00	497.00
Short Term Investments	-	-	-	-
Cash and Short Term Investments	217.00	343.00	95.00	497.00
Accounts Receivable - Trade, Net	712.00	579.00	694.00	1,114.00
Receivables - Other	-	-	-	-
Total Receivables, Net	721.00	590.00	702.00	1,122.00
Total Inventory	460.00	382.00	374.00	623.00
Prepaid Expenses	18.00	16.00	33.00	48.00
Other Current Assets, Total	43.00	390.00	112.00	162.00
Total Current Assets	1,459.00	1,721.00	1,316.00	2,452.00
Property/Plant/Equipment, Total - Gross	1,435.00	1,408.00	1,414.00	2,371.00
Accumulated Depreciation, Total	-1,014.00	-1,019.00	-969.00	-1,596.00
Goodwill, Net	431.00	432.00	438.00	522.00
Intangibles, Net	23.00	21.00	21.00	25.00
Long Term Investments	174.00	164.00	125.00	134.00
Other Long Term Assets, Total	88.00	97.00	97.00	664.00
Total Assets	2,663.00	2,879.00	2,505.00	4,674.00
Accounts Payable	841.00	670.00	674.00	1,337.00
Accrued Expenses	148.00	179.00	144.00	239.00
Notes Payable/Short Term Debt	84.00	0.00	97.00	240.00
Current Port. of LT Debt/Capital Leases	-	-	-	-
Other Current liabilities, Total	180.00	541.00	374.00	321.00
Total Current Liabilities	1,253.00	1,390.00	1,289.00	2,137.00
Long Term Debt	950.00	1,029.00	995.00	1,063.00
Capital Lease Obligations	-	-	-	-
Total Long Term Debt	950.00	1,029.00	995.00	1,063.00
Total Debt	1,034.00	1,029.00	1,092.00	1,303.00
Deferred Income Tax	92.00	94.00	73.00	4.00
Minority Interest	34.00	31.00	29.00	75.00
Other Liabilities, Total	1,329.00	1,389.00	1,314.00	933.00
Total Liabilities	3,658.00	3,933.00	3,700.00	4,212.00
Redeemable Preferred Stock, Total	-	-	-	-
Preferred Stock - Non Redeemable, Net	-	-	-	-
Common Stock, Total	94.00	92.00	72.00	72.00
Additional Paid-In Capital	897.00	886.00	699.00	625.00
Retained Earnings (Accumulated Deficit)	-1,157.00	-1,220.00	-1,232.00	-7.00
Treasury Stock - Common	-	-	-	-3.00
Other Equity, Total	-832.00	-816.00	-734.00	-225.00
Total Equity	-995.00	-1,054.00	-1,195.00	462.00
Total Liabilities & Shareholders' Equity	2,663.00	2,879.00	2,505.00	4,674.00
Shares Outs - Common Stock Primary Issue	-	-	-	-
Total Common Shares Outstanding	94.60	94.10	74.00	73.80

In Millions of USD (except for per share items)	6 months ending 2012-03-31	3 months ending 2011-12-31	12 months ending 2011-09-30
Net Income/Starting Line	6.00	-18.00	80.00
Depreciation/Depletion	33.00	17.00	66.00
Amortization	-	-	-
Deferred Taxes	-	-	25.00
Non-Cash Items	-11.00	4.00	-61.00
Changes in Working Capital	-74.00	2.00	-69.00
Cash from Operating Activities	-46.00	5.00	41.00
Capital Expenditures	-43.00	-25.00	-105.00
Other Investing Cash Flow Items, Total	44.00	13.00	-67.00
Cash from Investing Activities	1.00	-12.00	-172.00
Financing Cash Flow Items	0.00	0.00	6.00
Total Cash Dividends Paid	-	-	-
Issuance (Retirement) of Stock, Net	-	-	0.00
Issuance (Retirement) of Debt, Net	-65.00	-	0.00
Cash from Financing Activities	-65.00	0.00	6.00
Foreign Exchange Effects	2.00	1.00	-1.00
Net Change in Cash	-108.00	-6.00	-126.00
Cash Interest Paid, Supplemental	-	-	85.00
Cash Taxes Paid, Supplemental	-	-	45.00

In Millions of USD (except for per share items)	12 months ending 2011-09-30	12 months ending 2010-09-30	12 months ending 2009-09-30	12 months ending 2008-09-30
Net Income/Starting Line	80.00	26.00	-1,176.00	-46.00
Depreciation/Depletion	66.00	69.00	70.00	76.00
Amortization	-	-	-	-
Deferred Taxes	25.00	-16.00	641.00	82.00
Non-Cash Items	-61.00	32.00	369.00	-95.00
Changes in Working Capital	-69.00	100.00	-199.00	146.00
Cash from Operating Activities	41.00	211.00	-295.00	163.00
Capital Expenditures	-105.00	-55.00	-82.00	-98.00
Other Investing Cash Flow Items, Total	-67.00	-9.00	96.00	-62.00
Cash from Investing Activities	-172.00	-64.00	14.00	-160.00
Financing Cash Flow Items	6.00	-58.00	-120.00	125.00
Total Cash Dividends Paid	-	-	-	-29.00
Issuance (Retirement) of Stock, Net	0.00	209.00	0.00	0.00
Issuance (Retirement) of Debt, Net	0.00	-54.00	14.00	1.00
Cash from Financing Activities	6.00	97.00	-106.00	97.00
Foreign Exchange Effects	-1.00	4.00	-15.00	-12.00
Net Change in Cash	-126.00	248.00	-402.00	88.00
Cash Interest Paid, Supplemental	85.00	101.00	92.00	81.00
Cash Taxes Paid, Supplemental	45.00	45.00	27.00	23.00