WORLD FUEL SERVICES CORP company info

CIK 789460
IRS Number 592459427
State of incorporation FL
Business address 9800 N.W. 41ST STREET
None
MIAMI
FL
33178
Mail address 9800 N.W. 41ST STREET
None
MIAMI
FL
33178

Short summary

WORLD FUEL SERVICES CORP is a Florida company, with head office located at 9800 N.W. 41St Street Miami, Florida 33178. In 2016 the company owned a total of 5.26 billion USD worth of assets, including 3.59 billion USD worth of current assets and 1.58 billion USD worth of non-current assets. 2013 was the year when the company amassed the most assets.

WORLD FUEL SERVICES CORP Income Statement

Name [in Millions USD]2007200820092010201120122013201420152016Trends
Gross Profit 395.38375.59442.14635.00673.45752.76819.10861899
Operating Expenses 241.64221.60261.28378.03416.42488.40544.50615.30710.10
Operating Income (Loss) 153.74154.00180.87256.97257.02264.36269.10245.70188.90
Interest expense 5.4616.6120.0121.2031.2034.9043.70
Other Nonoperating Income (Expense) -7.71-0.421.41-2.941.67-0.4123.302-7.50
Income Tax Expense (Benefit) 32.3732.3531.0339.0038.2039.5151.1047.2015.70
Net income 105.04117.14146.87

WORLD FUEL SERVICES CORP Balance Sheet

Name [in Millions USD]2007200820092010201120122013201420152016Trends
Cash and cash equivalents 36.15352.81297.39149.74136.68232.48396.60489.70737.20619.30
Accounts Receivable, Net, Current 1,115.881,982.962,124.652,587.982,921.832,358.202,030.702,209.10
Inventories 140.69429.21557.39551.33702.62450.80373.50460
Deferred income taxes 13.4913.2415.2832.1222.83
Collateral Already Posted, Aggregate Fair Value 2.3028.9028.100
Property, Plant and Equipment, Gross 104.33141.93180.50214.02310.20365.90488.30
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 40.2251.2267.9884.34106.80140.30177.10
Goodwill 156.33330.21353.55467.75577.16650.30672.20883.40
Intangible Assets, Net (Excluding Goodwill) 68.80123.47103.74172.27167.20217.60210.90282.30
Other Assets, Noncurrent 15.2629.7941.1771.07
Total assets 1,943.443,362.063,887.894,529.145,538.535,102.504,748.505,263.60
Current assets 1,655.212,793.933,296.853,684.124,407.113,882.503,514.803,589.20
Non-current assets 498.58575.02826.37923.781,207.601,294.801,576.10
Accounts payable 947.211,646.851,774.512,210.532,567.661,897.401,520.101,729.50
Total current liabilities 1,088.131,880.762,087.742,504.582,971.912,316.101,911.702,094.70
Long-term Debt, Excluding Current Maturities 4.73167.02308.21260.65
Deferred income taxes 5.849.2721.7646.3149.4036.6016
Total liabilities 1,142.472,107.762,448.832,896.863,753.753,202.402,795.303,288
Common Stock, Value, Issued 0.600.710.720.730.720.700.700.70
Retained Earnings (Accumulated Deficit) 581.44738.81925.891,109.271,300.951,495.501,642.701,706.50
Accumulated Other Comprehensive Income (Loss), Net of Tax 2.685.89-14.60-25.19-20.43-74.50-118.60-138.10

WORLD FUEL SERVICES CORP Cash Flow

Name [in Millions USD]2007200820092010201120122013201420152016Trends
Net income 105.04117.14146.87
Depreciation and amortization 13.8716.9619.1140.5336.7144.7159.4063.4082.30
Depreciation 8.609.3015.5018.602230.3035.1042.50
Amortization of Intangible Assets 9.802518.1022.4029.1030.4039.70
Deferred Income Tax Expense (Benefit) -5.397.92-7.381.649.67-8.2410.805.30-36
Accounts receivable -706.91262.91329.11725.99-97.30328.97-460.70-483.20506.80
Inventories -75.7093.6158.92222.4590.8577.70-232.30-81.4049.50
Accounts payable -531.32242.61257.21581.95-45.18385.48-585.70-481.50423.40
Net Cash Provided by (Used in) Operating Activities 393.4577.92-35.70
Payments to Acquire Property, Plant, and Equipment 6.796.4912.4919.4928.4582.7250.155136.10
Payments to Acquire Businesses, Net of Cash Acquired 93.3751.98177.81122.70217.7876.95
Net Cash Provided by (Used in) Investing Activities -100.16-61.83-180.29
Net Cash Provided by (Used in) Investing Activities, Continuing Operations -61.83-180.29-144.63-246.62-174.56-297.10-144.70-428.50
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 7.156.8610.807.416.413.3011.60
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 7.156.8610.807.416.413.3011.60
Proceeds from Issuance of Common Stock 218.82
Payments for Repurchase of Common Stock 351070.5041.20
Payments of Ordinary Dividends, Common Stock 4.347.758.9110.6010.6910.6810.6015.3016.60
Net Cash Provided by (Used in) Financing Activities -13.37-34.44189.95
Cash and Cash Equivalents, Period Increase (Decrease) 278.20-15.51-25.95119.4010.20280.20116.10