| Address:
|
5 WESTBROOK CORPORATE CENTER
|
| City: |
WESTCHESTER |
|
State: |
IL |
|
Zip Code: |
60154 |
| Telephone: |
708-551-2600 |
|
Description of Business
|
Primary SIC Code:
2040 |
| (As filed with the SEC)
|
|
|
Corn Products International, Inc. was incorporated as a Delaware corporation in
1997 and its common stock is traded on the New York Stock Exchange. Corn
Products International, Inc., together with its subsidiaries, manufactures and
sells a number of ingredients to a wide variety of food, beverage, brewing and
industrial customers.
For purposes of this report, unless the context otherwise requires, all
references herein to the "Company," "Corn Products," "we," "us," and "our" shall
mean Corn Products International, Inc. and its subsidiaries.
On October 1, 2010, the Company acquired National Starch, a global provider of
specialty starches from Akzo Nobel N.V., headquartered in the Netherlands.
National Starch is a recognized innovator in food ingredients and specialty
starches. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 09/2011 | 4.77 | 0.160 | 8.23 | | 06/2011 | 4.12 | 0.160 | 13.42 | | 03/2011 | 3.60 | 0.140 | 14.39 | | 12/2010 | 2.20 | 0.140 | 20.91 | | 09/2010 | 2.27 | 0.140 | 16.52 | | 06/2010 | 2.50 | 0.140 | 12.12 | | 03/2010 | 0.89 | 0.140 | 38.94 | | 12/2009 | 0.54 | 0.140 | 54.13 |
Key Financial Ratios and Statistics |
FYE:
12/31 |
| Profitability |
2010 |
Leverage |
2010 |
| Net Inc/Comm Equity | 0.15 | Total Liab/Total Assets | 0.61 | | Net Inc/Total Assets | 0.03 | Total Liab/Inv Cap | 0.76 | | Net Inc/Inv Cap | 0.04 | Total Liab/Comm Equity | 2.76 | | Pretax Inc/Net Sales | 0.06 | Interest Coverage Ratio | NA | | Net Inc/Net Sales | 0.04 | Curr Debt/Equity | 0.04 | | Cash Flow/Net Sales | 0.09 | LTD/Equity | 0.85 | | SG&A/NetSales | 0.08 | Total Debt/Equity | 0.90 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 7.18 | Quick Ratio | 1.21 | | Inventory Turnover | 6.80 | Current Ratio | 1.97 | | Inventory Day Sales | 0.01 | Net Rec/Curr Assets | 0.43 | | Net Sales/Work Cap | 5.07 | Inv/Curr Assets | 0.39 | | Net Sales/PP&E | 2.06 | | |
Income Statement (Millions) |
| |
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Total Revenues(Net Sales)
|
1,627.80
|
1,584.50
|
1,459.50
|
1,407.20
|
|
Cost of Goods Sold
|
1,351.80
|
1,312.70
|
1,161.30
|
1,161.40
|
|
Selling & Admin Exps
|
66.50
|
137.50
|
131.00
|
152.70
|
|
Operating Income
|
142.40
|
134.90
|
227.40
|
102.10
|
|
Interest Exp
|
NA
|
NA
|
NA
|
NA
|
|
Pretax Income
|
129.70
|
115.90
|
200.80
|
79.80
|
|
Other Income
|
-76.00
|
-15.90
|
33.60
|
51.70
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
87.80
|
79.30
|
153.60
|
51.80
|
|
Assets
|
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Cash & Short Term Investments
|
279.00
|
273.00
|
267.00
|
302.00
|
|
Receivables - Total
|
829.00
|
818.00
|
862.00
|
753.00
|
|
Inventories - Total
|
780.00
|
861.00
|
789.00
|
678.00
|
|
Total Current Assets
|
1,914.00
|
1,976.00
|
1,943.00
|
1,753.00
|
|
Net Property, Plant & Equipment
|
2,102.00
|
2,158.00
|
2,127.00
|
2,123.00
|
|
Total Assets
|
5,144.00
|
5,314.00
|
5,261.00
|
5,071.00
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
712.00
|
733.00
|
800.00
|
803.00
|
|
Debt in Current Liabilities
|
122.00
|
115.00
|
115.00
|
88.00
|
|
Total Current Liabilities
|
834.00
|
848.00
|
915.00
|
891.00
|
|
Long-Term Debt
|
1,751.00
|
1,653.00
|
1,640.00
|
1,681.00
|
|
Total Liabilities
|
3,073.00
|
3,035.00
|
3,084.00
|
3,095.00
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
27.00
|
27.00
|
26.00
|
26.00
|
|
Preferred Stock
|
0.00
|
0.00
|
0.00
|
0.00
|
|
Common Stock
|
1.00
|
1.00
|
1.00
|
1.00
|
|
Retained Earnings
|
1,332.00
|
1,256.00
|
1,189.00
|
1,046.00
|
|
Treasury Stock
|
-49.00
|
-4.00
|
-2.00
|
-1.00
|
|
Total Stockholders' Equity
|
2,071.00
|
2,279.00
|
2,177.00
|
1,976.00
|
|
Total Liabilities and Stockholders' Equity
|
5,144.00
|
5,314.00
|
5,261.00
|
5,071.00
|
Cash Flow Summary (Millions) |
|
Categories
|
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Net Cash Provided by Operating Activities
|
45.00
|
80.00
|
22.00
|
69.00
|
|
Net Cash Provided by Investing Activities
|
-70.00
|
-71.00
|
-33.00
|
-1,337.00
|
|
Net Cash Provided by Financing Activities
|
45.00
|
-4.00
|
-24.00
|
-19.00
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 12/2006 | 2,621.00 | 124.00 | 1.63 | | 12/2007 | 3,391.00 | 198.00 | 2.59 | | 12/2008 | 3,944.00 | 267.00 | 3.52 | | 12/2009 | 3,672.00 | 41.00 | 0.54 | | 12/2010 | 4,367.00 | 169.00 | 2.20 | | Growth Rates | 13.61 | 8.05 | 7.79 |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 347 | 63,114 | 83.28 |
|
Report Date :
2/6/2012
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