The Andersons, Inc. (ANDE) financial statements (2022 and earlier)

Company profile

Business Address 1947 BRIARFIELD BOULEVARD
MAUMEE, OH 43537
State of Incorp. OH
Fiscal Year End December 31
SIC 515 - Farm-product Raw Materials (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments216295523356364
Cash and cash equivalents216295523356364
Restricted cash and investments     00
Receivables835660536207183195171
Inventory, net of allowances, customer advances and progress billings1,8151,3011,171691649683747
Inventory1,8151,3011,171691649683747
Derivative instruments and hedges, assets41132110851314550
Disposal group, including discontinued operation2110676038  
Other current assets74  51647290
Other undisclosed current assets      7
Total current assets:3,3722,4161,9451,0239991,0581,130
Noncurrent Assets
Finance lease, right-of-use asset 2624
Operating lease, right-of-use asset525676
Property, plant and equipment786879938477385450455
Long-term investments and receivables 2624242223217242
Long-term investments 2624242223217242
Intangible assets, net (including goodwill)246422486204232276304
Goodwill129136135666464
Intangible assets, net (excluding goodwill)117286351198226212240
Derivative instruments and hedges  10000
Disposal group, including discontinued operation, noncurrent assets43      
Other noncurrent assets69502122131010
Other undisclosed noncurrent assets 397385423311221218
Total noncurrent assets:1,1971,8561,9551,3691,1631,1751,230
TOTAL ASSETS:4,5694,2723,9012,3922,1622,2332,359
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities23016817679707070
Accrued liabilities23016817679707070
Deferred revenue358180 
Debt534479210227544828
Derivative instruments and hedges, liabilities1291474733302337
Due to related parties651228282414
Disposal group, including discontinued operation13      
Deferred revenue and credits33604967
Other undisclosed current liabilities1,193952994434498587672
Total current liabilities:2,4641,9321,440833739800888
Noncurrent Liabilities
Long-term debt and lease obligation, including:6009171,016496418397436
Long-term debt, excluding current maturities6009171,016496418397436
Finance lease, liability  22
Other undisclosed long-term debt and lease obligation  (22)    
Liabilities, other than long-term debt16622619818661245251
Deferred tax liabilities, net130 182186
Deferred income tax liabilities71170146
Liability, pension and other postretirement and postemployment benefits  2523273546
Disposal group, including discontinued operation, liabilities16      
Other liabilities79562632332818
Derivative instruments and hedges, liabilities  11101
Other undisclosed noncurrent liabilities313751 122  
Total noncurrent liabilities:7981,1801,265682601642687
Total liabilities:3,2623,1112,7051,5151,3391,4421,575
Stockholders' equity
Stockholders' equity attributable to parent1,072962974830815774764
Common stock0000000
Treasury stock, value(0)(1)(7)(35)(40)(45)(53)
Additional paid in capital369349345224225223223
Accumulated other comprehensive income (loss)1(12)(7)(6)(3)(12)(21)
Retained earnings703626643648633609615
Stockholders' equity attributable to noncontrolling interest2351992224681619
Total stockholders' equity:1,3081,1611,196877823791784
TOTAL LIABILITIES AND EQUITY:4,5694,2723,9012,3922,1622,2332,359

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues12,6128,2088,1703,0453,6863,9255
Revenue, net4553,6863,9254,198
Cost of revenue
(Cost of Goods and Services Sold)
(12,019)(7,804)(7,652)(2,743)(3,368)(3,579)(3,823)
Other undisclosed gross profit      4,193
Gross profit:593405518302319346376
Operating expenses(424)(399)(437)(258)(288)(318)(338)
Operating income:16968144312738
Nonoperating income33205516231546
Investment income, nonoperating  35    
Other nonoperating income33202016231546
Interest and debt expense(1)(0)(1)    
Income from continuing operations before equity method investments, income taxes:2012613560544284
Income (loss) from equity method investments51(7)27171032
Other undisclosed loss from continuing operations before income taxes(45)(51)(100)(34)(92)(30)(128)
Income (loss) from continuing operations before income taxes:161(24)2853(21)21(12)
Income tax expense (benefit)(29)10(13)(12)63(7)0
Income (loss) from continuing operations:132(14)15414314(11)
Income from discontinued operations4      
Net income (loss):136(14)15414314(11)
Net income (loss) attributable to noncontrolling interest(32)2230(0)(3)(2)
Net income (loss) attributable to parent:104818414312(13)
Other undisclosed net loss available to common stockholders, basic    (0)(0)(0)
Net income (loss) available to common stockholders, diluted:104818414312(13)

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss):136(14)15414314(11)
Other comprehensive income (loss)13(5)(1)(4)10834
Comprehensive income (loss):149(19)1438522322
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(32)2230(0)(3)(2)
Comprehensive income, net of tax, attributable to parent:11731738522021

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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