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Cme Group Inc. (CME) SEC Filing 10-K Annual report for the fiscal year ending Sunday, December 31, 2017

Cme Group Inc.

CIK: 1156375 Ticker: CME





Exhibit 99.1
 
cmegpressrelease1a01a11.jpg
 
 
Media contact
Investor contact
 
Anita Liskey, 312.466.4613
John Peschier, 312.930.8491
 
William Parke, 312.930.3467
CME-G
 
news@cmegroup.com
 
 
www.cmegroup.mediaroom.com
 

FOR IMMEDIATE RELEASE
CME Group Inc. Reports Fourth-Quarter and Full-Year 2017 Financial Results

CHICAGO, February 1, 2018 - CME Group Inc. (NASDAQ: CME) today reported revenue of
$900 million and operating income of $537 million for the fourth quarter of 2017. Fourth-quarter 2017 net income included a $2.6 billion net income tax benefit due to recognition of a reduction in deferred tax liabilities as a result of the Tax Cut and Jobs Act of 2017. Resulting net income was $2.9 billion and diluted earnings per share were $8.63. On an adjusted basis, net income was $383 million and diluted earnings per share were $1.12. Financial results presented on an adjusted basis for the fourth quarters of 2017 and 2016 exclude the net income tax benefit noted above and certain other items, which are detailed in the reconciliation of non-GAAP results.1 

Total revenue for full-year 2017 was $3.6 billion and operating income was $2.3 billion. Net Income was $4.1 billion and diluted earnings per share were $11.94. On an adjusted basis, net income of $1.6 billion, was up 6 percent compared with 2016, and diluted earnings per share of $4.77, was up 5 percent. This was due to 1 percent year-over-year growth in revenue, coupled with relatively flat operating expenses.

"Our primary goals in 2017 were to expand our global customer base, continue to innovate across our diverse product set and focus on operational efficiency," said CME
Group Chairman and Chief Executive Officer Terry Duffy.  "In a year of historically low volatility, we set annual volume records in three of our six asset classes as well as in total options.  We launched successful new products and saw growth in Europe and Asia out-pace that in the U.S.  We kept expenses relatively flat for the third straight year, and paid out more than $2 billion in dividends to our shareholders in 2017.  Looking ahead, 2018 is starting out strong, with average daily volume up more than 15 percent to date, driven by broad-based strength across our asset classes.”

Fourth-quarter 2017 average daily volume was 15.9 million contracts, down 2 percent compared with fourth-quarter 2016. Clearing and transaction fee revenue was $758 million,

1. A reconciliation of the non-GAAP financial results mentioned to the respective GAAP figures can be found within the Reconciliation of GAAP to non-GAAP Measures chart at the end of the financial statements and earnings presentation materials.
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The following information was filed by Cme Group Inc. (CME) on Thursday, February 1, 2018 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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Inside Cme Group Inc.'s 10-K Annual Report:

Financial Statements, Disclosures and Schedules

Inside this 10-K Annual Report

Dei Statement
Consolidated Balance Sheets
Consolidated Balance Sheets Balance Sheet Parenthicals
Consolidated Statements Of Cash Flows
Consolidated Statements Of Comprehensive Income
Consolidated Statements Of Income
Consolidated Statements Of Shareholders' Equity
Consolidated Statements Of Shareholders' Equity Equity Statement Parentheticals
Accumulated Other Comprehensive Income (loss)
Accumulated Other Comprehensive Income (loss) (schedule Of Accumulated Other Comprehensive Income) (details)
Accumulated Other Comprehensive Income (loss) (tables)
Capital Stock
Capital Stock (capital Stock) (details)
Capital Stock (narrative) (details)
Capital Stock (tables)
Commitments
Commitments (narrative) (details)
Commitments (non-cancelable Operating Leases And Contractual Obligations) (details)
Commitments (tables)
Contingencies
Debt
Debt (long-term Debt Maturities At Par Value) (details)
Debt (schedule Of Short-term And Long-term Debt) (details)
Debt (tables)
Earnings Per Share
Earnings Per Share (basic And Diluted Earnings Per Share) (details)
Earnings Per Share (tables)
Employee Benefit Plans
Employee Benefit Plans (accumulated Other Comprehensive Income (loss), Of The Prior Service Costs And Actuarial Losses) (details)
Employee Benefit Plans (anticipated Benefit Payments From The Plan In Future Years) (details)
Employee Benefit Plans (asset Allocation For The Plan) (details)
Employee Benefit Plans (change In Plan Assets) (details)
Employee Benefit Plans (components Of Net Pension Expense) (details)
Employee Benefit Plans (fair Value Of Plan Assets) (details)
Employee Benefit Plans (narrative) (details)
Employee Benefit Plans (summary Of The Change In Projected Benefit Obligation) (details)
Employee Benefit Plans (tables)
Employee Benefit Plans (target Allocation Percentages) (details)
Fair Value Measurements
Fair Value Measurements (debt Instruments) (details)
Fair Value Measurements (financial Instruments Measured At Fair Value On A Recurring Basis) (details)
Fair Value Measurements (narrative) (details)
Fair Value Measurements (reconciliation Using Significant Unobservable Inputs) (details)
Fair Value Measurements (tables)
Guarantees
Guarantees (details)
Income Taxes
Income Taxes (deferred Tax Assets (liabilities) ) (details)
Income Taxes (federal Income Tax Rate) (details)
Income Taxes (income Tax Provision) (details)
Income Taxes (reconciliation Of Unrecognized Tax Benefits) (details)
Income Taxes (summary Of Unrecognized Tax Benefits) (details)
Income Taxes (tables)
Income Taxes Income Taxes (narrative) (details)
Intangible Assets And Goodwill
Intangible Assets And Goodwill (components Of Intangible Assets) (details)
Intangible Assets And Goodwill (future Estimated Amortization Expense) (details)
Intangible Assets And Goodwill (narrative) (details)
Intangible Assets And Goodwill (tables)
Intangible Assets And Goodwill Intangible Assets And Goodwill (useful Lives Of Intangible Assets) (details)
Long-term Investments
Long-term Investments (details)
Marketable Securities
Marketable Securities (amortized Cost And Fair Value Of Marketable Securities) (details)
Marketable Securities (available-for-sale Securities) (details)
Marketable Securities (narrative) (details)
Marketable Securities (tables)
Organization And Business
Performance Bonds And Guaranty Fund Contributions
Performance Bonds And Guaranty Fund Contributions (cash And Securities Held As Performance Bonds And Guaranty Fund Contributions At Fair Value) (details)
Performance Bonds And Guaranty Fund Contributions (narrative) (details)
Performance Bonds And Guaranty Fund Contributions (performance Bond Deposits And Security Deposits) (details)
Performance Bonds And Guaranty Fund Contributions (tables)
Performance Bonds And Guaranty Fund Contributions Performance Bond Reinvestment (details)
Performance Bonds And Guaranty Fund Contributions Reinvested Collateral (tables)
Property
Property (details)
Property (tables)
Quarterly Information (unaudited)
Quarterly Information (unaudited) (details)
Quarterly Information (unaudited) (tables)
Schedule Ii???valuation And Qualifying Accounts
Schedule Ii???valuation And Qualifying Accounts Schedule Ii???valuation And Qualifying Accounts (details)
Stock-based Payments
Stock-based Payments (compensation Expense And Income Tax Benefit Recognized) (details)
Stock-based Payments (narrative) (details)
Stock-based Payments (restricted Stock Activity) (details)
Stock-based Payments (stock Option Activity) (details)
Stock-based Payments (tables)
Subsequent Events
Summary Of Significant Accounting Policies
Summary Of Significant Accounting Policies (narrative) (details)
Summary Of Significant Accounting Policies (policy)
Ticker: CME
CIK: 1156375
Form Type: 10-K Annual Report
Accession Number: 0001156375-18-000026
Submitted to the SEC: Wed Feb 28 2018 6:15:07 PM EST
Accepted by the SEC: Thu Mar 01 2018
Period: Sunday, December 31, 2017
Industry: Security And Commodity Brokers Dealers Exchanges And Services

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