EX-99.1 2 ex-99d1.htm EX-99.1 ecl_ex99_1_042019

Exhibit 99.1

 

ECOLAB INC.

SELECTED CONSOLIDATED INCOME STATEMENT INFORMATION FOR EACH OF THE QUARTERLY PERIODS ENDED MARCH 31, JUNE 30, SEPTEMBER 30 AND DECEMBER 31, 2018 AND FOR THE TWELVE MONTHS ENDED DECEMBER 31, 2018 

(unaudited)

 

 

 

 

 

 

 

 

 

 

 

 

 

(millions)

 

2018

 

 

 

 

 

 

 

 

 

 

 

 

 

    

 

First Quarter Ended
March 31

 

Second Quarter Ended
June 30

 

Third
Quarter
Ended
September 30

 

Fourth Quarter Ended December 31

 

Twelve Months Ended December 31

Net sales

 

 

 

 

 

 

 

 

 

 

 

Product and equipment sales

 

 

$2,859.6

 

$3,060.5

 

$3,101.4

 

$3,107.1

 

$12,128.6

Service and lease sales

 

 

611.3

 

629.1

 

645.8

 

653.4

 

2,539.6

Total net sales

 

 

3,470.9

 

3,689.6

 

3,747.2

 

3,760.5

 

14,668.2

 

    

 

 

 

 

 

 

 

 

 

 

Cost of sales

 

 

 

 

 

 

 

 

 

 

 

Product and equipment cost of sales

 

 

1,696.2

 

1,751.6

 

1,809.8

 

1,820.9

 

7,078.5

Service and lease cost of sales

 

 

376.1

 

394.5

 

380.9

 

395.9

 

1,547.4

   Total cost of sales (including special charges)

 

 

2,072.3

 

2,146.1

 

2,190.7

 

2,216.8

 

8,625.9

 

 

 

 

 

 

 

 

 

 

 

 

Selling, general, and administrative expenses

 

 

1,018.3

 

1,036.8

 

964.7

 

948.8

 

3,968.6

Special (gains) and charges

 

 

26.0

 

12.1

 

75.6

 

13.0

 

126.7

Operating income

 

 

354.3

 

494.6

 

516.2

 

581.9

 

1,947.0

 

 

Notes:

Sales, cost of sales and selling, general and administrative expenses in the selected consolidated income statement information presented above for the first three quarters of 2018  includes immaterial revisions to amounts previously reported in the Company’s quarterly reports on Form 10-Q for each of the first three quarters of 2018. The revisions had no impact on previously reported total net sales or operating income.  The information for the fourth quarter and twelve month periods ended December 31, 2018 presented above align with the information reported in the Company’s 2018 fourth quarter earnings release and 2018 Form 10-K.