Delek US Holdings Inc
For the period ended Dec 31, 2023. Filed Feb 28, 2024.
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FY2023 · Filed Feb 28, 2024
DK$62.64-3.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Income
| Year Ended December 31, | |||
|---|---|---|---|
| 2023 | 2022 | 2021 | |
| Net revenues | $16,917.4 | $20,245.8 | $10,648.2 |
| Cost of sales: | |||
| Cost of materials and other | 15,112.0 | 18,355.6 | 9,643.9 |
| Operating expenses (excluding depreciation and amortization presented below) | 770.6 | 718.1 | 514.2 |
| Depreciation and amortization | 322.8 | 263.8 | 239.6 |
| Total cost of sales | 16,205.4 | 19,337.5 | 10,397.7 |
| Insurance proceeds | (20.3) | (31.2) | (23.3) |
| Operating expenses related to retail and wholesale business (excluding depreciation and amortization presented below) | 106.5 | 106.8 | 110.4 |
| General and administrative expenses | 286.4 | 332.5 | 200.4 |
| Depreciation and amortization | 28.8 | 23.2 | 25.0 |
| Asset impairment | 37.9 | — | — |
| Other operating income, net | (7.2) | (12.5) | (27.3) |
| Total operating costs and expenses | 16,637.5 | 19,756.3 | 10,682.9 |
| Operating income (loss) | 279.9 | 489.5 | (34.7) |
| Interest expense, net | 318.2 | 195.3 | 136.7 |
| Income from equity method investments | (86.2) | (57.7) | (18.3) |
| Other income, net | (3.9) | (2.5) | (15.8) |
| Total non-operating expense, net | 228.1 | 135.1 | 102.6 |
| Income (loss) before income tax expense (benefit) | 51.8 | 354.4 | (137.3) |
| Income tax expense (benefit) | 5.1 | 63.9 | (42.0) |
| Net income (loss) | 46.7 | 290.5 | (95.3) |
| Net income attributed to non-controlling interests | 26.9 | 33.4 | 33.0 |
| Net income (loss) attributable to Delek | $19.8 | $257.1 | $(128.3) |
| Basic income (loss) per share | $0.30 | $3.63 | $(1.73) |
| Diluted income (loss) per share | $0.30 | $3.59 | $(1.73) |
| Weighted average common shares outstanding: | |||
| Basic | 65,406,089 | 70,789,458 | 73,984,104 |
| Diluted | 65,975,301 | 71,516,361 | 73,984,104 |
F-6 |
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