Verso Paper Holdings LLC company info

CIK 1395864
IRS Number 562597634
State of incorporation DE
Business address 6775 LENOX COURT PARK, BUILDING E

Short summary

Verso Paper Holdings LLC is a Tennessee company, with head office located at 6775 Lenox Court Park, Building E Memphis, Tennessee 38115. In 2015 the company owned a total of 2.56 billion USD worth of assets, including 773.00 million USD worth of current assets. The company amassed the most assets last year, totalling up to 2.56 billion USD. The company net sales last year amounted to 3.12 billion USD, which means a 140.71% increase when compared to 2014.

Verso Paper Holdings LLC Income Statement

Name [in Millions USD]20082009201020112012201320142015Trends
Revenue, Net 1,360.851,605.321,722.491,474.611,388.901,2973,122
Selling, General and Administrative Expense 61.8971.0478.0674.4273.7869.95187
Operating Income (Loss) -77.44-3.8615.69-32.4234-175-155
Interest expense 123.37128.08126.61135.46137.73142270
Other Nonoperating Income (Expense) 307.310.88-26.04-7.38-8-390
Income Tax Expense (Benefit) 0.750.150.20-1.42-0.56-2.99-3
Net income 106.00-131.08-137.06-173.83-111.21-353-422

Verso Paper Holdings LLC Balance Sheet

Name [in Millions USD]20082009201020112012201320142015Trends
Cash and cash equivalents 119.54134.8456.3921.1510.146.971440
Accounts Receivable, Net, Current 113.2097100.7084
Inventories 195.74170.19160.24144.28110485
Property, Plant and Equipment, Gross 1,587.531,472.201,523.541,2352,731
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 652.83679.17780.59704874
Goodwill 18.7018.70
Other Assets, Noncurrent 68.0766.5854.9656.6155
Total assets 1,471.001,313.761,131.751,037.118552,559
Current assets 392.61306.97279.59257.88275.78773
Accounts payable 126.41107.1193.5280.8562.8188
Total current liabilities 234.83291.54170.65229.91300.41664
Long-term Debt, Excluding Current Maturities 1,257.591,203.481,259.381,302.051,296.910
Long-term Debt 1,203.481,259.381,235.171,296.91420
Deferred income taxes 8.106.776.1748
Total liabilities 1,544.091,555.581,490.671,586.531,661.623,830
Common Stock, Value, Issued 0.530.530.530.530.531
Retained Earnings (Accumulated Deficit) -274.02-436.80-554.40-760.67-980-1,490
Accumulated Other Comprehensive Income (Loss), Net of Tax -14.95-23.62-23.89-11.01-27.12-102

Verso Paper Holdings LLC Cash Flow

Name [in Millions USD]20082009201020112012201320142015Trends
Net income 106.00-131.08-137.06-173.83-111.21-353-422
Depreciation 124.90130.50117.20103.9090.20302
Amortization of Intangible Assets 1.301.100.900.8016
Depreciation and amortization 132.68127.37132.36118.18104.7390.90308
Deferred Income Tax Expense (Benefit) -47.61-47.09-65.05-133-126-173
Inventories -27.86-19.8924.36-28.276.18-17-15
Accounts payable -17.3620.62-14.19-17.81-8.06-22-91
Net Cash Provided by (Used in) Operating Activities 177.1673.4814.51-27-58-266
Payments to Acquire Property, Plant, and Equipment 34.2273.6590.2759.9140.6641.9664
Net Cash Provided by (Used in) Investing Activities -34.13-98.27-66.21-14-25111
Net Cash Provided by (Used in) Investing Activities, Continuing Operations -98.27-66.21-7.07-13.76-25.29
Proceeds from Issuance of Long-term Debt 352.8427.44394.62341.1900
Proceeds from Issuance of Common Stock 0.000.02000.11
Payments for Repurchase of Common Stock
Net Cash Provided by (Used in) Financing Activities -110.4725.47-6.22-978153
Cash and Cash Equivalents, Period Increase (Decrease) 32.560.68-57.91-33.34-50-5-2