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Aptiv APTV Consolidation Eliminations — Payments Of Ordinary Dividends

Discontinued — last reported Q2 '18

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Other financials

Income statement

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Revenue$5.1B+5.4%
Gross profit$920.0M0.0%
Operating income$378.0M-15.6%
Net income$189.0M+1,818%
EPS (diluted)$0.88+1,860%

Balance sheet

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Cash & equivalents$3.2B+188%
Total debt$9.9B+17.1%
Total equity$9.2B+3.0%
Total assets$25.2B+9.1%

Cash flow

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Operating cash flow-$143.0M-152%
CapEx$219.0M+11.2%
Free cash flow-$362.0M-576%

Valuation

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Market cap$13.48B+8.4%
Enterprise value$20.19B+2.5%
P/E36.9×+28.9×
P/S0.7×0.0×

Profitability

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Gross margin18.9%-0.2pp
Operating margin5.4%-4.1pp
Net margin1.8%-6.2pp
FCF margin5.3%-3.4pp

Returns & leverage

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Return on equity4%-11.5pp
Debt / equity1.1×+0.1×
Current ratio2.1×+0.5×

Where this comes from

Reported directly by Aptiv in its filing.

Tagged under the XBRL concept us-gaap:PaymentsOfOrdinaryDividends.

The official record: Aptiv’s 10-Q, filed July 31, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does consolidation eliminations — payments of ordinary dividends mean?
This metric captures the elimination of ordinary dividend payments that are internal to the consolidated group. It ensures that the consolidated cash flow statement reflects only dividends paid to external shareholders of the parent company. This prevents the distortion of the group's capital return metrics by internal accounting entries.