Innospec Inc. (IOSP) financial statements (2021 and earlier)

Company profile

Business Address 8310 SOUTH VALLEY HIGHWAY
ENGLEWOOD, CO 80112
State of Incorp. DE
Fiscal Year End December 31
SIC 28 - Chemicals And Allied Products (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments105761239010214246
Cash and cash equivalents105761239010213742
Short-term investments     55
Receivables221292280245154137164
Inventory, net of allowances, customer advances and progress billings220245248210174160185
Inventory220245248210174160185
Prepaid expense4323568
Deferred costs     (1) 
Other current assets01 1 2 
Other undisclosed current assets1515121361310
Total current assets:566630664562441459414
Noncurrent Assets
Operating lease, right-of-use asset4032
Property, plant and equipment2111991961961577681
Intangible assets, net (including goodwill)447477501525519436457
Goodwill371363365362375267276
Intangible assets, net (excluding goodwill)75114136163144169181
Deferred costs     11
Deferred income tax assets8 
Other noncurrent assets8675111
Defined benefit plan, assets for plan benefits485645
Other undisclosed noncurrent assets1181251051231511
Total noncurrent assets:831839810849740571586
TOTAL ASSETS:1,3971,4691,4731,4101,1811,0301,000
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities234286268238163144170
Accounts payable99122127118605288
Accrued liabilities130154132104948477
Taxes payable610916986
Debt 1123191211
Restructuring reserve7665766
Business combination, contingent consideration, liability    15546
Deferred revenue and credits0000
Other undisclosed current liabilities121     
Total current liabilities:252304297262183206223
Noncurrent Liabilities
Long-term debt and lease obligation2981188206261135141
Long-term debt, excluding current maturities 59186203259133139
Capital lease obligations23322
Operating lease, liability2922
Liabilities, other than long-term debt171116115104514671
Deferred revenue and credits1111
Accounts payable and accrued liabilities32364042   
Deferred tax liabilities, net    23
Deferred income tax liabilities47 
Liability for uncertainty in income taxes1616143246
Liability, pension and other postretirement and postemployment benefits2118161714910
Restructuring reserve52444441333128
Other liabilities3221112
Other undisclosed noncurrent liabilities05048453238 
Total noncurrent liabilities:200246351354345219212
Total liabilities:453550648616528425435
Stockholders' equity
Stockholders' equity attributable to parent944919825794654605516
Common stock0000000
Treasury stock, value(93)(93)(93)(93)(98)(92)(79)
Additional paid in capital336330325320315311309
Accumulated other comprehensive loss(57)(74)(76)(39)(126)(111)(106)
Retained earnings759756668605562496392
Stockholders' equity attributable to noncontrolling interest101000 
Total stockholders' equity:945919826794654605516
Other undisclosed liabilities and equity      50
TOTAL LIABILITIES AND EQUITY:1,3971,4691,4731,4101,1811,0301,000

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues1,1931,5131,4771,3078831,012961
Revenue, net1,3078831,012961
Cost of revenue
(Cost of Goods and Services Sold)
(850)(1,047)(1,042)(904)(551)(666)(659)
Gross profit:343466435403332346302
Operating expenses(309)(316)(302)(274)(227)(190)(190)
Operating income:34150134130105156113
Nonoperating income85571 2
Investment income, nonoperating      0
Other nonoperating income85571 2
Interest and debt expense(0)(1)(1)(1)(0)(1)(4)
Income from continuing operations before equity method investments, income taxes:41154138136106155111
Other undisclosed loss from continuing operations before income taxes(1)(4)(6)(8)(3)(3) 
Income from continuing operations before income taxes:40150132128103152111
Income tax expense(11)(38)(47)(66)(22)(33)(27)
Net income:2911285628112084
Net income (loss) attributable to noncontrolling interest(0)(0)00   
Net income available to common stockholders, diluted:2911285628112084

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:2911285628112084
Other comprehensive income (loss)171(37)88(15)(5)40
Comprehensive income:461144815066115124
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(0)(0)00   
Comprehensive income, net of tax, attributable to parent:461134815066115124

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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