SOTHEBYS

Delisted

CIK 823094fmd_1BC5ZRN5YC5HSBCN6ZQJMCV4ZHServices · Services-Business Services, NECTemplate: Standard

Coverage: Jan 01, 2008 to Sep 30, 2019, 44 periods

Income Statement · Annual · Millions · USD
Line item	FY2009	FY2010	FY2011	FY2012	FY2013	FY2014	FY2015	FY2016	FY2017	FY2018
Total revenues	485	774	832	768	854	938	961	858	1,057	1,036
Total interest income	–	–	–	–	–	–	–	53	51	44
Cost of revenue	43	61	70	66	85	87	92	73	82	–
Net interest income	–	–	–	–	–	–	–	22	19	4
Gross profit	442	713	762	703	769	852	870	785	975	–
Provision for credit losses	–	–	–	0	0	(1)	0	0	0	0
Net interest income after provision	–	–	–	–	–	–	–	22	19	4
Compensation and benefits	196	253	269	273	297	311	303	316	319	343
Total operating expenses	432	500	560	554	631	712	760	743	892	854
Operating income	53	274	271	214	223	226	202	115	166	181
Interest expense	46	47	41	44	43	35	33	30	32	40
Interest and investment income	5	2	4	2	3	2	2	1	1	1
Other non-operating income (expense)	5	3	(1)	3	3	0	(1)	11	7	5
Income before taxes	15	233	233	175	187	222	169	97	142	133
Income tax expense	22	65	60	51	56	76	131	26	25	28
Net income from continuing operations	(7)	168	173	123	131	146	38	71	116	105
Net income	(7)	161	171	108	130	118	44	74	119	109
Net income to common shareholders	–	–	169	108	130	117	43	73	117	107