Attached files
| file | filename |
|---|---|
| EX-99.2 - EX-99.2 - Green Plains Inc. | d321955dex992.htm |
| 8-K/A - FORM 8-K/A - Green Plains Inc. | d321955d8ka.htm |
Exhibit 99.1
GREEN PLAINS INC.
SEGMENT OPERATIONS
(unaudited, in thousands)
| Three Months Ended December 31, |
Twelve Months Ended December 31, |
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| 2016 | 2015 | % Var. | 2016 | 2015 | % Var. | |||||||||||||||||||
| Revenues: |
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| Ethanol production |
$ | 698,618 | $ | 532,424 | 31.2 | % | $ | 2,409,102 | $ | 2,063,172 | 16.8 | % | ||||||||||||
| Agribusiness and energy services |
153,528 | 161,537 | (5.0 | ) | 709,907 | 698,833 | 1.6 | |||||||||||||||||
| Food and food ingredients |
87,257 | 50,897 | 71.4 | 318,181 | 219,385 | 45.0 | ||||||||||||||||||
| Partnership |
28,285 | 22,686 | 24.7 | 103,772 | 50,937 | 103.7 | ||||||||||||||||||
| Intersegment eliminations |
(35,590 | ) | (27,630 | ) | 28.8 | (130,081 | ) | (66,738 | ) | 94.9 | ||||||||||||||
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| 932,098 | 739,914 | 26.0 | 3,410,881 | 2,965,589 | 15.0 | |||||||||||||||||||
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| Gross margin: |
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| Ethanol production |
67,353 | 17,392 | 287.3 | 128,196 | 123,348 | 3.9 | ||||||||||||||||||
| Agribusiness and energy services |
21,125 | 18,232 | 15.9 | 59,369 | 59,363 | — | ||||||||||||||||||
| Food and food ingredients |
11,948 | 653 | * | 23,785 | 2,724 | * | ||||||||||||||||||
| Partnership |
28,285 | 22,686 | 24.7 | 103,772 | 50,937 | 103.7 | ||||||||||||||||||
| Intersegment eliminations |
402 | (38 | ) | * | (320 | ) | (150 | ) | 113.3 | |||||||||||||||
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| 129,113 | 58,925 | 119.1 | 314,802 | 236,222 | 33.3 | |||||||||||||||||||
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| Operating income (loss): |
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| Ethanol production |
35,798 | (3,398 | ) | * | 28,125 | 43,266 | (35.0 | ) | ||||||||||||||||
| Agribusiness and energy services |
13,295 | 12,142 | 9.5 | 34,039 | 37,253 | (8.6 | ) | |||||||||||||||||
| Food and food ingredients |
6,842 | (470 | ) | * | 16,436 | (952 | ) | * | ||||||||||||||||
| Partnership |
17,945 | 12,185 | 47.3 | 60,903 | 12,990 | 368.8 | ||||||||||||||||||
| Intersegment eliminations |
442 | — | * | (170 | ) | — | * | |||||||||||||||||
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| Segment operating income |
74,322 | 20,459 | 263.3 | 139,333 | 92,557 | 50.5 | ||||||||||||||||||
| Corporate activities |
(18,252 | ) | (7,721 | ) | 136.4 | (47,645 | ) | (31,480 | ) | 51.4 | ||||||||||||||
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| $ | 56,070 | $ | 12,738 | 340.2 | % | $ | 91,688 | $ | 61,077 | 50.1 | % | |||||||||||||
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| * | Percentage variance not considered meaningful. |