SOTHEBYS Income Statement | Understand Stock

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Financial Statements

In millions of USD, except per-share amounts

	FY2018 12 months to Dec 31, 2018	FY2017 12 months to Dec 31, 2017	FY2016 12 months to Dec 31, 2016	FY2015 12 months to Dec 31, 2015	FY2014 12 months to Dec 31, 2014
Revenues:
Principal
Agency commissions and fees
License fees
Revenue
Total Agency commissions and fees
Inventory sales
Other
Finance
Total revenues

Expenses:
Agency direct costs
Cost of inventory sales
Cost of revenue
Total Agency commissions and fees
Inventory sales
Cost of finance revenues
Marketing
Salaries and related
General and administrative
Depreciation and amortization
Restructuring charges, net
2014 Restructuring plan
Voluntary separation incentive programs
2014 Restructuring plan
Total restructuring charges, net

CEO separation and transition costs (see Note 23)
Special charges (net) (see Note 25)
Total expenses
Operating income
Interest income
Interest expense
Extinguishment of debt
Write-off of credit facility fees
Non-operating income
Income before taxes
Income tax expense
Equity in earnings of investees
Net income
Less: Net loss attributable to noncontrolling interest
Net income attributable to Sotheby's
Basic earnings per share - Sotheby's common shareholders (usd per share)
Diluted earnings per share - Sotheby's common shareholders (usd per share)
Cash dividends declared per common share (usd per share)

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