Skip to content

General Mills GIS BR — Gain Loss On Indirect Tax

Discontinued — last reported Q4 '21

Similar metrics at other companies

BG
BGBrazil — Total assessment
$594M+28.9%
Amcor logo
AMCRBrazil — Other operating income, indirect taxes
$4.75M
Kimberly-Clark logo
KMBBrazil — Year under examination
$506.250.0%
Mercado Libre logo
MELIBrazil — Direct Contribution
$389M-28.2%
Corpay logo
CPAYBrazil — Revenue
$134.2M+23.6%
SBA Communications logo
SBACBR — Revenue
$70.7M+16.5%

Other financials

Income statement

See full
Revenue$4.4B-8.4%
Gross profit$1.4B-16.6%
Operating income$524.6M-41.2%
Net income$303.1M-51.6%
EPS (diluted)$0.56-50.0%

Balance sheet

See full
Cash & equivalents$785.5M+50.7%
Total debt$11.8B-3.4%
Total equity$9.3B+0.9%
Total assets$32.4B-0.9%

Cash flow

See full
Operating cash flow$397.9M-25.2%
CapEx$102.4M-1.4%
Free cash flow$295.5M-31.0%

Valuation

See full
Market cap$17.8B-27.8%
Enterprise value$28.85B-22.1%
P/E-1.6×
P/S-0.3×

Profitability

See full
Gross margin33%-2.3pp
Operating margin19%+0.7pp
Net margin12.1%-1.0pp

Returns & leverage

See full
Return on equity23.8%-3.6pp
Debt / equity1.3×-0.1×
Current ratio0.6×-0.1×

Where this comes from

Reported directly by General Mills in its filing.

Tagged under the XBRL concept gis:GainLossOnIndirectTax.

The official record: General Mills’s 10-K, filed June 30, 2022, on SEC EDGAR. View the filing →

Ask your AI about General Mills's br — gain loss on indirect tax.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is General Mills's BR — gain loss on indirect tax?
General Mills (GIS) reported BR — gain loss on indirect tax of $8.8M in Q1 2021.
What does BR — gain loss on indirect tax mean?
The net financial impact of indirect tax adjustments or settlements within the Brazil business operations.
How do you interpret BR — gain loss on indirect tax?
An increase in gains suggests favorable tax adjustments or successful recovery of indirect taxes, while an increase in losses indicates higher tax burdens or unfavorable regulatory changes.
How does BR — gain loss on indirect tax compare across companies?
Peers operating in emerging markets often report similar line items under 'other operating income/expense' or 'tax-related adjustments' to account for complex local tax regimes.