Resolute Forest Products Inc. company info

CIK 1393066
IRS Number 980526415
State of incorporation DE
Business address 111 DUKE STREET
SUITE 5000
Mail address 111 DUKE STREET
SUITE 5000

Short summary

Resolute Forest Products Inc. is a Quebec, Canada company, with head office located at 111 Duke Street Montreal, Quebec, Canada H3C 2MI. The company achieved a record breaking net income last year - 235.00 million USD. This is -379.76% higher than one reported in 2017. In 2018 the company owned a total of 3.80 billion USD worth of assets, including 1.12 billion USD worth of current assets. 2011 was the year when the company amassed the most assets.

Resolute Forest Products Inc. Income Statement

Name [in Millions USD]2009201020112012201320142015201620172018Trends
Cost of Goods and Services Sold 440442475
Selling, General and Administrative Expense 158149166155160149170165
Operating Income (Loss) 207-28-2-174-219-1849379
Interest expense 5974839566514741384947
Other Nonoperating Income (Expense) 93-31089-3
Income Tax Expense (Benefit) 19-39524-30-11984152
Net income 471-639-277-257-81-84235

Resolute Forest Products Inc. Balance Sheet

Name [in Millions USD]2009201020112012201320142015201620172018Trends
Cash and cash equivalents 2975102482633034044669
Accounts Receivable, Net, Current 521416376347387353
Inventories 512525579537547550547556
Deferred income taxes 1105432650
Property, Plant and Equipment, Gross 2,9113,0493,1833,2403,2573,3303,013
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 4717601,1981,4301,5141,7191,538
Goodwill 06181810
Other Assets, Noncurrent 191216126171138163206
Total assets 6,4736,1485,2474,6894,2454,1714,0253,802
Current assets 1,9591,6041,5461,4551,0861,0421,1081,118
Taxes Payable, Current 86135783
Total current liabilities 710552589472474419439441
Long-term Debt, Excluding Current Maturities 624602
Long-term Debt 722604595590
Deferred income taxes 75252532810
Total liabilities 2,9833,0582,4052,6162,3302,5612,3332,222
Common Stock, Value, Issued 000000
Retained Earnings (Accumulated Deficit) 44-1-644-906-1,176-1,331-1,212-1,156
Accumulated Other Comprehensive Income (Loss), Net of Tax 0-315-609-220-697-576-740-774-947

Resolute Forest Products Inc. Cash Flow

Name [in Millions USD]2009201020112012201320142015201620172018Trends
Net income 471-639-277-257-81-84235
Amortization of Intangible Assets 11343455
Deferred Income Tax Expense (Benefit) 15-36523-3631480164
Accounts receivable -87-91-62-106-87-263719
Inventories 3921-1631-1037-2346
Net Cash Provided by (Used in) Operating Activities 19826620618613881158435
Payments to Acquire Property, Plant, and Equipment 97169161193185249164155
Payments to Acquire Businesses, Net of Cash Acquired 0240015900
Net Cash Provided by (Used in) Investing Activities 245-75-151-161-352-273-192146
Proceeds from Issuance of Long-term Debt 8500059400
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 00000
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 00000
Proceeds from Issuance of Common Stock 0
Payments for Repurchase of Common Stock 067005900
Net Cash Provided by (Used in) Financing Activities -393-2974-7-621693-281
Cash and Cash Equivalents, Period Increase (Decrease) 50-1065915-279-23-29