Penske Automotive     Print Page | Close Window

SEC Filings

10-K
PENSKE AUTOMOTIVE GROUP, INC. filed this Form 10-K on 02/24/2017
Entire Document
 

Table of Contents

 

PENSKE AUTOMOTIVE GROUP, INC.

 

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)

 

(In millions, except share and per share amounts)

 

The combined results of operations and financial position of our equity method investees as of December 31 for each of the years presented are summarized as follows:

 

Condensed income statement information:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

 

    

2016

    

2015

    

2014

 

Revenues

 

$

7,397.2

 

$

6,770.3

 

$

6,620.1

 

Gross profit

 

 

1,670.4

 

 

2,396.8

 

 

2,181.4

 

Net income

 

 

411.5

 

 

398.5

 

 

357.2

 

 

 

Condensed balance sheet information:

 

 

 

 

 

 

 

 

 

 

 

December 31,

 

 

    

2016

    

2015

 

Current assets

 

$

1,188.2

 

$

1,069.0

 

Noncurrent assets

 

 

10,529.9

 

 

10,197.3

 

Total assets

 

$

11,718.1

 

$

11,266.3

 

Current liabilities

 

$

1,794.7

 

$

851.9

 

Noncurrent liabilities

 

 

7,393.6

 

 

8,105.5

 

Equity

 

 

2,529.8

 

 

2,308.9

 

Total liabilities and equity

 

$

11,718.1

 

$

11,266.3

 

 

 

 

 

F-25