EMBRAER S.A. | CIK:0001355444 | 3

  • Filed: 3/23/2018
  • Entity registrant name: EMBRAER S.A. (CIK: 0001355444)
  • Generator: Donnelley Financial Solutions
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1355444/000119312518092436/0001193125-18-092436-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1355444/000119312518092436/erj-20171231.xml
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  • ifrs-full:DisclosureOfOperatingSegmentsExplanatory

    Statement of income data by operating segment – year ended December 31, 2017:

     

         Commercial
    Aviation
        Defense and
    Security
        Executive
    Jets
        Other     Total
    reportable
    Segments
        Unallocated     Total  

    Revenue

         3,371.9       950.7       1,484.9       31.8       5,839.3       —         5,839.3  

    Cost of sales and services

         (2,574.9 )      (895.2 )      (1,276.9 )      (26.4 )      (4,773.4 )      —         (4,773.4 ) 

    Gross profit

         797.0       55.5       208.0       5.4       1,065.9       —         1,065.9  

    Gross profit %

         23.6 %      5.8 %      14.0 %      17.0 %      18.3 %        18.3 % 

    Operating income (expense)

         (328.6 )      (109.0 )      (266.4 )      (16.1 )      (720.1 )      (16.5 )      (736.6 ) 

    Operating profit before financial income (expense)

         468.4       (53.5 )      (58.4 )      (10.7 )      345.8       (16.5 )      329.3  

    Financial income (expense), net

                   (47.6 )      (47.6 ) 

    Foreign exchange gain (loss), net

                   6.6       6.6  

    Profit before taxes on income

                     288.3  

    Income tax expense

                   (25.5 )      (25.5 ) 
                  

     

     

     

    Net income

                     262.8  
                  

     

     

     

    Statement of income data by operating segment – year ended December 31, 2016: 

         Commercial
    Aviation
        Defense and
    Security
        Executive
    Jets
        Other     Total
    reportable
    Segments
        Unallocated     Total  

    Revenue

         3,527.0       932.7       1,730.5       27.3       6,217.5       —         6,217.5  

    Cost of sales and services

         (2,719.1 )      (780.3 )      (1,463.6 )      (17.7 )      (4,980.7 )      —         (4,980.7 ) 

    Gross profit

         807.9       152.4       266.9       9.6       1,236.8       —         1,236.8  

    Gross profit %

         22.9 %      16.3 %      15.4 %      35.2 %      19.9 %        19.9 % 

    Operating income (expense)

         (322.8 )      (114.6 )      (243.6 )      (4.5 )      (685.5 )      (345.3 )      (1,030.8 ) 

    Operating profit before financial income (expense)

         485.1       37.8       23.3       5.1       551.3       (345.3 )      206.0  

    Financial income (expense), net

                   (51.4 )      (51.4 ) 

    Foreign exchange gain (loss), net

                   4.5       4.5  

    Loss before taxes on income

                     159.1  

    Income tax expense

                   8.7       8.7  
                  

     

     

     

    Net income

                     167.8  
                  

     

     

     

    Statement of income data by operating segment – year ended December 31, 2015:

     

                                 Total              
         Commercial     Defense and     Executive           reportable              
         Aviation     Security     Jets     Other     Segments     Unallocated     Total  

    Revenue

         3,348.7       811.1       1,718.6       49.7       5,928.1       —         5,928.1  

    Cost of sales and services

         (2,565.7 )      (785.4 )      (1,440.3 )      (25.4 )      (4,816.8 )      —         (4,816.8 ) 

    Gross profit

         783.0       25.7       278.3       24.3       1,111.3       —         1,111.3  

    Gross profit %

         23.4 %      3.2 %      16.2 %      48.9 %      18.7 %        18.7 % 

    Operating income ( expense )

         (434.9 )      (119.1 )      (220.2 )      (5.6 )      (779.8 )      —         (779.8 ) 

    Operating profit before financial income (expense)

         348.1       (93.4 )      58.1       18.7       331.5       —         331.5  

    Financial income (expense), net

                   (22.9 )      (22.9 ) 

    Foreign exchange gain (loss), net

                   27.6       27.6  

    Profit before taxes on income

                     336.2  

    Income tax expense

                   (255.4 )      (255.4 ) 
                  

     

     

     

    Net income

                     80.8