Page 59 - New8814 GP 2011_AR-fnl

Basic HTML Version

39
39
The table below reflects selected operating segment financial information for the periods indicated (in thousands):
Revenue:
Ethanol production
Revenue fromexternal customers
$ 128,780
$
63,001
$
61,629
Intersegment revenue
2,005,141
1,052,424
669,708
Total segment revenue
2,133,921
1,115,425
731,337
Corn oil production
Revenue fromexternal customers
1,466
995
-
Intersegment revenue
43,391
707
-
Total segment revenue
44,857
1,702
-
Agribusiness
Revenue fromexternal customers
358,968
248,619
147,890
Intersegment revenue
195,172
122,133
74,076
Total segment revenue
554,140
370,752
221,966
Marketing and distribution
Revenue fromexternal customers
3,064,498
1,821,307
1,096,274
Intersegment revenue
467
293
-
Total segment revenue
3,064,965
1,821,600
1,096,274
Revenue including intersegment activity
5,797,883
3,309,479
2,049,577
Intersegment elimination
(2,244,171)
(1,175,557)
(743,784)
Revenue as reported
$ 3,553,712
$ 2,133,922
$ 1,305,793
Year EndedDecember 31,
2011
2010
2009
Gross profit:
Ethanol production
$
87,010
$ 105,079
$
47,825
Corn oil production
27,067
878
-
Agribusiness
34,749
25,199
22,561
Marketing and distribution
23,112
21,192
13,572
Intersegment eliminations
294
178
90
$ 172,232
$ 152,526
$
84,048
Operating income:
Ethanol production
$
73,242
$
93,410
$
38,778
Corn oil production
26,999
878
-
Agribusiness
11,721
5,614
8,847
Marketing and distribution
9,475
9,673
4,843
Intersegment eliminations
334
188
85
Corporate activities
(22,758)
(17,712)
(13,428)
$
99,013
$
92,051
$
39,125
39
The table below reflects selected operating segment financial information for the periods indicated (in thousands):
Revenue:
Ethanol production
Revenue from xt rnal customers
$ 128 780
$
63 001
$
1 629
Intersegment revenue
2 005 14
1 052 4
669 708
T tal segment revenue
2,133,921
1,115,425
731,337
Corn oil production
Revenue from xt rnal customers
1 466
995
Intersegment revenue
43 391
7
Total segment revenue
44,857
1,702
-
Agribusin ss
Revenue from xt rnal customers
358 968
248 619
147 890
Intersegment revenue
195 72
122 133
74 07
Total segment evenue
554,140
370,752
221,966
Marketi g and distribution
Revenue from xt rnal customers
3,064,498
1,821,307
1,096,274
Intersegment revenue
4 7
293
-
Total segment revenue
3,064,965
1,821,600
1,096,274
Revenue includ ng intersegment activity
5 797 883
3 309 479
2,0 9 577
Intersegment elimination
(2 244 171)
(1 75 557)
(743 84)
Revenue as reported
$ 3,553,712
$ 2,133,922
$ 1,305,793
Year EndedDecember 31,
2011
2010
2009
Gross pr fit:
Ethan
$
8 10
$ 105,0 9 $
47,825
Corn oil production
27 067
878
-
Ag ibusiness
34 749
25 9
22 61
Marketing and distribution
23,112
21,192
13,572
Intersegment eliminations
94
178
90
$ 172,232
$ 152,526
$
84,048
Operating income:
Ethan
$
73 242 $
93,410
$
38,778
Corn oil production
26 999
878
-
Ag ibusiness
11 721
5 14
8 7
Marketing and distribution
9,475
9,673
4,843
Intersegment el minations
334
188
85
Corporate activities
(22 758)
(17 712)
(13 4 8)
$
99,013
$
92,051
$
39,125