Warner Music Statements
WM
Warner Music Income Statement
B
M
USD (except Earnings per share)
Financial
Revenue
Cost of sales
Gross profit
Research and development
Selling, general and administrative
Total operating expenses
Operating income
Interest expense
Other income
Income before tax
Provision for income taxes
Net income
Diluted earnings per share
Shares outstanding after dilution
1 554
100
830
53.4
724
46.6
—
0
437
28.1
517
33.3
207
13.3
-40
-2.6
4
0.3
171
11
30
1.9
137
8.8
0.265
517.88
1 494
100
791
52.9
703
47.1
—
0
420
28.1
503
33.7
200
13.4
-42
-2.8
37
2.5
114
7.6
18
1.2
95
6.4
0.183
517.84
1 748
100
880
50.3
868
49.7
—
0
450
25.7
531
30.4
337
19.3
-39
-2.2
-50
-2.9
265
15.2
72
4.1
157
9
0.304
516.46
1 586
100
845
53.3
741
46.7
—
0
451
28.4
530
33.4
211
13.3
-36
-2.3
36
2.3
212
13.4
58
3.7
150
9.5
0.29
516
1 564
100
850
54.3
714
45.7
—
0
439
28.1
525
33.6
189
12.1
-38
-2.4
20
1.3
167
10.7
43
2.7
120
7.7
0.23
515.9
1 399
100
721
51.5
678
48.5
—
0
430
30.7
513
36.7
165
11.8
-35
-2.5
-31
-2.2
58
4.1
21
1.5
33
2.4
0.06
515.9
1 488
100
761
51.1
727
48.9
—
0
419
28.2
503
33.8
224
15.1
-32
-2.2
-61
-4.1
172
11.6
48
3.2
120
8.1
0.23
515.1
1 497
100
799
53.4
698
46.6
—
0
453
30.3
535
35.7
163
10.9
-31
-2.07
55
3.7
187
12.5
37
2.5
146
9.8
0.28
514.8
1 432
100
766
53.5
666
46.5
—
0
433
30.2
520
36.3
146
10.2
-32
-2.2
50
3.5
164
11.5
39
2.7
122
8.5
0.24
514.8
1 376
100
697
50.7
679
49.3
—
0
424
30.8
513
37.3
166
12.1
-32
-2.3
-8
-0.6
126
9.2
34
2.5
91
6.6
0.18
514.8
1 614
100
818
50.7
796
49.3
—
0
476
29.5
557
34.5
239
14.8
-30
-1.9
54
3.3
263
16.3
75
4.6
185
11.5
0.36
514.9
1 376
100
752
54.7
624
45.3
—
0
445
32.3
524
38.1
100
7.3
-29
-2.1
-9
-0.7
52
3.8
22
1.6
28
2
0.05
514.4
1 340
100
681
50.8
659
49.2
—
0
418
31.2
497
37.1
162
12.1
-30
-2.2
-18
-1.3
102
7.6
41
3.1
60
4.5
0.12
514.4
1 250
100
623
49.8
627
50.2
—
0
399
31.9
476
38.1
151
12.1
-32
-2.6
49
3.9
168
13.4
51
4.1
116
9.3
0.23
514.3
1 335
100
686
51.4
649
48.6
—
0
382
28.6
453
33.9
196
14.7
-31
-2.3
-31
-2.3
134
10
35
2.6
96
7.2
0.19
514.4
1 126
100
606
53.8
520
46.2
—
0
365
32.4
432
38.4
88
7.8
-29
-2.6
-45
-4
-20
-1.8
-21
-1.9
-1
-0.09
—
510
1 010
100
527
52.2
483
47.8
—
0
854
84.6
916
90.7
-433
-42.9
-32
-3.2
-3
-0.3
-468
-46.3
51
5
-520
-51.5
-1.02
510
1 071
100
535
50
536
50
—
0
524
48.9
585
54.6
-49
-4.6
-33
-3.08
-4
-0.4
-86
-8.03
-12
-1.1
-74
-6.9
-0.15
510
1 256
100
665
52.9
591
47.1
—
0
355
28.3
426
33.9
165
13.1
-33
-2.6
-5
-0.4
127
10.1
5
0.4
120
9.6
0.24
510
1 124
100
639
56.9
485
43.1
—
0
390
34.7
456
40.6
29
2.6
-34
-3.02
19
1.7
14
1.2
-77
-6.9
90
8
0.18
510
1 058
100
577
54.5
481
45.5
—
0
357
33.7
423
40
58
5.5
-36
-3.4
-16
-1.5
2
0.2
-12
-1.1
13
1.2
0.03
510
1 090
100
559
51.3
531
48.7
—
0
340
31.2
409
37.5
122
11.2
-36
-3.3
29
2.7
115
10.6
48
4.4
67
6.1
0.13
510
1 203
100
626
52
577
48
—
0
362
30.1
430
35.7
147
12.2
-36
-3
28
2.3
136
11.3
50
4.2
86
7.1
0.17
510
1 039
100
583
56.1
456
43.9
—
0
384
37
440
42.3
16
1.5
-33
-3.2
2
0.2
-15
-1.4
-2
-0.2
-14
-1.3
-0.03
510
958
100
531
55.4
427
44.6
—
0
328
34.2
399
41.6
28
2.9
-33
-3.4
394
41.1
382
39.9
61
6.4
320
33.4
0.63
510
963
100
488
50.7
475
49.3
—
0
323
33.5
392
40.7
83
8.6
-36
-3.7
-6
-0.6
18
1.9
19
2
-3
-0.3
-0.01
510
1 045
569
476
—
321
386
90
-36
4
57
26
4
—
510
917
501
416
—
356
417
-1
-37
-19
-57
-19
-39
-0.08
510
917
519
398
—
283
347
51
-36
-21
-9
-152
141
0.28
510
825
415
410
—
269
332
78
-36
-19
23
3
19
0.04
510
917
496
421
—
264
327
94
-40
19
41
17
22
0.04
510
841
436
405
—
282
350
55
-42
-3
-8
-5
-4
-0.01
510
811
448
363
—
243
318
45
-43
-5
-3
4
-9
-0.02
510
745
374
371
—
244
319
52
-43
-1
27
15
11
0.02
510
849
449
400
—
263
338
62
-45
8
25
-3
27
0.05
510
750
375
375
—
262
338
37
-45
-9
-17
6
-23
-0.05
510
710
373
337
—
237
314
23
-45
-17
-39
4
-44
-0.09
510
677
318
359
—
238
315
44
-45
14
13
-6
18
0.04
510
829
445
384
—
296
361
23
-46
-9
-32
9
-42
-0.08
510
771
393
378
—
271
354
24
-46
-1
-23
1
-26
-0.05
510
788
417
371
—
305
386
-15
-48
4
-200
-16
-185
-0.36
510
653
319
334
—
260
339
-5
-54
-3
-62
-3
-60
-0.12
510
815
441
374
—
293
359
15
-55
-4
-44
-8
-37
-0.07
510
764
389
375
—
339
416
-41
-54
-1
-96
-39
-57
-0.11
510
663
369
294
—
225
286
8
-47
-2
-43
19
-63
-0.12
510
675
329
346
—
230
289
57
-49
-4
4
—
2
—
—
769
408
361
—
249
310
51
-53
-5
-90
-11
-80
—
—