Friday, June 23, 2017

The Largest United Kingdom (UK) Companies Preparing Their Financial Statements in US$s Earnings Down the Tubes in 2015 and 2016 ....................................................................................... Total Two-Year Audited Earnings in 2015 and 2016 Combined Were Only US$30 Bil ...................................................................................... Total Two-Year Audited Earnings in 2013 and 2014 Combined Were US$150 Bil ....................................................................................... Total Two-Year Audited Earnings in 2011 and 2012 Combined Were US$224 Bil ....................................................................................... Total Two-Year Audited Earnings in 2009 and 2010 Combined Were US$156 Bil ....................................................................................... Total Two-Year Audited Earnings in 2007 and 2008 Combined Were US$212 Bil .......................................................................................

The largest UK Companies dominating the UK earnings landscape are the ones reporting their financial statements in US$s.

For instance, the 21 UK Companies with market caps above US$10 Bil and reporting their financial statements in US$s generated Total Audited Earnings of US$139 Bil in 2011.

On the other hand, the 21 UK Companies with market caps above British Pounds 10 Bil and reporting their financial statements in British Pounds generated Total Audited Earnings of British Pounds 36 Bil in 2011.

On the positive side, 2016 Total Earnings of these 21 UK Companies reporting in US$s were up 163% from their severely-depressed 2015 Total Earnings.

From a review of company financial statements in the US SEC website and in company investor relations websites, along with a review of Google's fine financial website, below are the Audited Earnings (Losses) From Continuing Operations for each fiscal year (FYE) from 2007 through 2016 for each of the 21 UK Companies which had a stock market capitalization of more than US$10 Bil in mid 2016 and which also prepared their financial statements in US$s:


2016 2015 2014 2013 2012 2011 2010 2009 2008 2007


Most Audited Audited Audited Audited Audited Audited Audited Audited Audited Audited
UK Companies
Recent Net Net Net Net Net Net Net Net Net Net
Market Caps Above US$10 Bil 2016 Income Income Income Income Income Income Income Income Income Income
Reporting in US$s City HQs FYE (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss)

mil US$s mil US$s mil US$s mil US$s mil US$s mil US$s mil US$s mil US$s mil US$s mil US$s
Filing With US SEC






   



Royal Dutch Shell PLC London Dec16       4,777         2,200     14,730     16,526     26,960     31,185     20,474     12,718     26,476     31,926
Rio Tinto Limited London Dec16       4,776        (1,719)       6,499       1,079     (3,020)       6,800     15,195       5,335       4,609       7,746
HSBC Holdings plc London Dec16       3,446       15,096     14,705     17,800     15,334     17,944     14,191       6,694       6,498     20,455
AstraZeneca plc London Dec16       3,406         2,826       1,235       2,571       6,270       9,950       8,050       7,544       6,130       5,627
Carnival plc Southhampton Nov16       2,779         1,757       1,216       1,055       1,285       1,912       1,978       1,790       2,324       2,408
Liberty Global plc Hammersmith Dec16       1,767        (1,050)        (981)        (882)        (584)        (802)        (977)        (255)        (694)
Aon plc London Dec16       1,430         1,422       1,431       1,148       1,020       1,006          759          681          637          675
Delphi Automotive plc Kent Dec16       1,218         1,261       1,380       1,241       1,095       1,096          703        (822)     (1,984)     (1,692)
Smith & Nephew London Dec16          784            410          501          556          721          575          609          472          377          316
Shire plc Hampshire Dec16          604         1,338       3,283       1,420          806          883          588          504          170     (1,452)
Nielsen Holdings plc Oxford Dec16          507            575          381          431          242            85          154        (428)        (314)        (364)
Mylan NV Hertfordshire Dec16          480            848          933          627          643          539          346          248        (200)          216
Pentair plc London Dec16          452            397          357          355          (21)            (3)          190          116          259          212
Willis Towers Watson plc London Dec16          438            384          373          377        (433)          219          470          455          323          426
BP plc London Dec16          172        (6,400)       4,003     23,758     11,251     25,609     (3,669)     16,759     21,666     21,169
CNH Industrial NV London Dec16        (249)            248          708          828          876          639        

BHP Billiton PLC London Jun16     (6,207)         4,390     14,955     14,132     16,617     23,946     13,009       6,338     15,962     13,416













Total all 17 Filing with SEC

    20,580       23,983     65,709     83,022     79,062   121,583     72,070     58,149     82,239   101,084













Not Filing With US SEC











Anglo American plc London Dec16       1,926        (5,842)     (1,524)          426        (564)       7,922       8,119       2,912       6,120       8,172
Experian plc Nottingham Mar17          812            764          751          753          288          724          550          609          494          430
Standard Chartered plc London Dec16        (191)        (2,196)       2,705       4,200       4,985       4,933       4,414       3,477       3,511       2,989
Glencore plc London Dec16     (1,187)        (8,370)       2,444     (7,942)       1,152       4,268       4,106       1,729       1,068       6,426













Total all 4 Not Filing with SEC
      1,360      (15,644)       4,376     (2,563)       5,861     17,847     17,189       8,727     11,193     18,017













Total all 21 Reporting in US$s
    21,940         8,339     70,085     80,459     84,923   139,430     89,259     66,876     93,432   119,101













2016 Total Earnings % Changes:










….. Above 2015

163%








….. Below 2014

-69%







….. Below 2013

-73%







….. Below 2012

-74%







….. Below 2011

-84%







….. Below 2010

-75%







….. Below 2009

-67%







….. Below 2008

-77%







….. Below 2007

-82%

























Down From











 2015-16 







Two-Year Total Earnings Amount:










….. 2015-16

    30,279
   






….. 2013-14

  150,544    (120,265)    






….. 2011-12

  224,353    (194,074)    






….. 2009-10

    156,135      (125,856)







….. 2007-08

    212,533      (182,254)