SOLUTIA INC company info

CIK 1043382
IRS Number 431781797
State of incorporation DE
Business address 575 MARYVILLE CENTRE DRIVE
P O BOX 66760
Mail address P O BOX 66760

Short summary

SOLUTIA INC is a Missouri company, with head office located at 575 Maryville Centre Drive St. Louis, Missouri 63166-6760. The company achieved a record breaking net income last year - 262.00 million USD. This is 235.90% higher than one reported in 2010. In 2011 the company owned a total of 3.56 billion USD worth of assets, including 816.00 million USD worth of current assets. 2010 was the year when the company amassed the most assets. The company net sales last year amounted to 2.10 billion USD, which means a 7.54% increase when compared to 2010. The company allocated 24.00 million USD of its income to research and development.

SOLUTIA INC Income Statement

Name [in Millions USD]2008200920102011Trends
Revenue, Net 1,6181,9502,097
Gross Profit 477608634
Selling, General and Administrative Expense 225261250
Research and development 141824
Operating Income (Loss) 242331404
Interest expense 121139101
Other Nonoperating Income (Expense) 019-2
Income Tax Expense (Benefit) 173130
Net income -11378262

SOLUTIA INC Balance Sheet

Name [in Millions USD]2008200920102011Trends
Cash and cash equivalents 83127169108
Accounts Receivable, Net, Current 286264221
Inventories 283328384
Property, Plant and Equipment, Gross 1,1911,239
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 257-286
Intangible Assets, Net (Excluding Goodwill) 928948916
Other Assets, Noncurrent 10514990
Total assets 3,4053,6563,564
Current assets 786866816
Accounts payable 176194181
Total current liabilities 443427396
Long-term Debt, Excluding Current Maturities 1,5341,3621,338
Deferred income taxes 202248183
Common Stock, Value, Issued 111
Retained Earnings (Accumulated Deficit) -798-570-388
Accumulated Other Comprehensive Income (Loss), Net of Tax -321-112-248


Name [in Millions USD]2008200920102011Trends
Net income -11378262
Depreciation 788285
Depreciation and amortization 107117125
Deferred Income Tax Expense (Benefit) 1-7-17
Accounts receivable 45-4210
Inventories -742251
Net Cash Provided by (Used in) Operating Activities 251274222
Payments to Acquire Property, Plant, and Equipment 4466105
Payments to Acquire Businesses, Net of Cash Acquired 2371114
Net Cash Provided by (Used in) Investing Activities -21-429-158
Net Cash Provided by (Used in) Investing Activities, Continuing Operations -28-429-159
Proceeds from Issuance of Long-term Debt 4701,1440
Proceeds from Issuance of Common Stock 11900
Payments for Repurchase of Common Stock 247
Net Cash Provided by (Used in) Financing Activities -19127-144
Cash and Cash Equivalents, Period Increase (Decrease) 211-52-78