CINCINNATI BELL INC company info

CIK 716133
IRS Number 311056105
State of incorporation OH
Business address 221 E FOURTH ST
None
CINCINNATI
OH
45202
Mail address P O BOX 2301
None
CINCINNATI
OH
45201

Short summary

CINCINNATI BELL INC is a Ohio company, with head office located at 221 E Fourth St Cincinnati, Ohio 45202. The company achieved a record breaking net income in 2015 - 353.70 million USD. In 2017 the company owned a total of 2.17 billion USD worth of assets, including 699.30 million USD worth of current assets. 2011 was the year when the company amassed the most assets. The company net sales last year amounted to 1.29 billion USD.

CINCINNATI BELL INC Income Statement

Name [in Millions USD]20072008200920102011201220132014201520162017Trends
Revenue, Net 1,3361,3771,462.401,473.901,256.901,161.501,167.801,185.801,288.50
Selling, General and Administrative Expense 285274.80270.90263.10269.50187.90204.20219.10218.70240.90
Operating Income (Loss) 305.20295.50299.30259.50270.10163.80115.801289338.10
Interest expense 139.70130.70185.20215218.90182145.90103.1075.7085.20
Other Nonoperating Income (Expense) -3.40-0.20-0.40-0.90-1.701.30-5.10-2.607.60-1.40
Income Tax Expense (Benefit) 73.6064.7038.902524.70-8.3081.40159.8061.1030.90
Net income 102.6089.6028.3018.6011.20-54.7075.60353.70102.1035.10

CINCINNATI BELL INC Balance Sheet

Name [in Millions USD]20072008200920102011201220132014201520162017Trends
Cash and cash equivalents 26.102.6017.1090.104.105.50347.2014.809.6058.2030.30
Accounts Receivable, Net, Current 165.90180194.80148.30162150157.50166.50241.30
Inventories 2218.6024.402616.8024.1023.1023.4031.90
Deferred income taxes 53.6033.3033.1029.906161.7022.90
Property, Plant and Equipment, Gross 3,399.803,6764,016.403,248.403,390.503,289.203,511.303,700
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment -2,135.402,275.502,4292,345.602,5312,313.702,425.802,571
Goodwill 345341.70290.6014.4014.4014.4014.3018.60149.40
Intangible Assets, Net (Excluding Goodwill) 243.10226.30203.4093.2090.500.300.200124.70
Other Assets, Noncurrent 72.4064.6059.6041.1038.8028.6018.402352.70
Total assets 2,602.902,658.502,702.702,145.402,176.901,509.601,423.201,481.702,166.10
Current assets 279.40339.70278.60231.50608.30272.50208.90273.30699.30
Accounts payable 91.8095.60119.70103.10105.10123.70142.50121.50205.10
Taxes Payable, Current 15.8014.5016.3014.1016.6012.601212.2017.50
Total current liabilities 292.60309.20331.40274.70270.60272.70256.90261.90368.20
Long-term Debt, Excluding Current Maturities 2,516.402,546.602,683.50
Long-term Debt 2,524.402,552.202,689.402,162.701,802.90
Deferred income taxes 011.40
Total liabilities 3,227.803,292.103,398.902,865.102,732.901,913.101,640.201,605.702,309.50
Common Stock, Value, Issued 2222.102.102.102.100.400.40
Retained Earnings (Accumulated Deficit) -3,234.50-3,207.20-3,202.90-3,244.70-3,142.30-2,947.10-2,749.60-2,669.60-2,661.70
Accumulated Other Comprehensive Income (Loss), Net of Tax -135.50-153.40-204.80-198.10-130.90-166.50-168-152.70-172.50

CINCINNATI BELL INC Cash Flow

Name [in Millions USD]20072008200920102011201220132014201520162017Trends
Net income 102.6089.6028.3018.6011.20-54.7075.60353.70102.1035.10
Depreciation 149160.80167.90180.40198.80126.30127.20141.30182190.40
Amortization of Intangible Assets 4.1011.6019.1018.602.100.400.300.202.50
Depreciation and amortization 164.90179.50199.50217.40169.60127.60141.60182.20193
Deferred Income Tax Expense (Benefit) 67.7066.7038.2027.8023.30-22.2071.50154.6078.3054
Accounts payable 15.80-6.404.6019.20-6.90-17.7038.70-17-13.1022.40
Net Cash Provided by (Used in) Operating Activities 403.90265.60300289.90212.7078.80175.20110.90173.20203.40
Payments to Acquire Property, Plant, and Equipment 230.90195.10149.70255.50367.20196.90182.30283.60286.40210.50
Payments to Acquire Businesses, Net of Cash Acquired 21.603.40526.700000167
Net Cash Provided by (Used in) Investing Activities -250.50-93.80-675.50-244.70-371.80-185.40392.60383.20-95.50-236.80
Proceeds from Issuance of Long-term Debt 23492.802,134.30052553600635943
Payments for Repurchase of Common Stock 76.8073.201010.400.300004.800
Net Cash Provided by (Used in) Financing Activities -172.80-155.50429.80-48.8010987.60-514.50-544.70-75.30420.20
Cash and Cash Equivalents, Period Increase (Decrease) -19.4016.3054.30-3.60-50.10-1953.30-50.502.30