Icahn Enterprises L.P. reported full year 2014 revenues of $19.2 billion and adjusted net loss attributable to Icahn Enterprises, after adding back the loss on extinguishment of debt, of $221 million, or an adjusted loss of $1.82 per depositary unit.
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For full year 2013, which did not have an adjustment for extinguishment of debt, revenues were $20.7 billion and net income attributable to Icahn Enterprises was $1.0 billion, or $9.07 per depositary unit. For full year 2014, net loss attributable to Icahn Enterprises was $373 million, or a loss of $3.08 per depositary unit.
Adjusted EBITDA attributable to Icahn Enterprises was $1.0 billion for full year 2014 compared to $1.9 billion for full year 2013. Adjusted EBIT attributable to Icahn Enterprises was $440 million for full year 2014 compared to $1.4 billion for full year 2013.
For the fourth quarter of 2014, which did not have any gains or losses on extinguishment of debt, revenues were $3.4 billion and net loss attributable to Icahn Enterprises was $478 million, or a loss of $3.84 per depositary unit.
For fourth quarter of 2013, revenues were $4.9 billion and adjusted net income attributable to Icahn Enterprises, after adding back the loss on extinguishment, was $225 million, or $1.92 per depositary unit. For the fourth quarter of 2013, net income attributable to Icahn Enterprises was $222 million, or $1.90 per depositary unit.
For the fourth quarter of 2014, Adjusted EBITDA attributable to Icahn Enterprises was $(220) million compared to $289 million in the fourth quarter of 2013.
For the fourth quarter of 2014, Adjusted EBIT attributable to Icahn Enterprises was $(366) million compared to $147 million in the fourth quarter of 2013.
On February 20, 2015, the board of directors of the general partner of Icahn Enterprises declared a quarterly distribution in the amount of $1.50 per depositary unit.
The quarterly distribution is payable in either cash or additional depositary units, at the election of each depositary unit holder and will be paid on or about April 22, 2015 to depositary unit holders of record at the close of business on March 9, 2015. ■