Company: DK
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0001694426-25-000013
Chunk: 30

Company: Delek US Holdings, Inc.
Filing Date: 2025-02-26
Form: 10-K
Item: Item 7
Chunk 30
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 619.2 622.5 Depreciation and amortization265.5 234.2 205.4 Refining margin$635.6 $1,164.6 $1,350.5 

70 |

Management's Discussion and Analysis

Summary Financial and Other Information

The following table provides summary financial data for Delek (in millions):

Summary Statement of Operations Data (1)Year Ended December 31,202420232022Net revenues$11,852.2 $16,467.2 $19,801.0 Cost of sales: Cost of materials and other10,781.8 14,825.3 18,071.4 Operating expenses (excluding depreciation and amortization presented below)763.8 770.6 718.1 Depreciation and amortization349.7 322.8 263.8 Total cost of sales11,895.3 15,918.7 19,053.3 Insurance proceeds(20.6)(20.3)(31.2)Operating expenses related to wholesale business (excluding depreciation and amortization presented below)3.4 4.4 8.6 General and administrative expenses252.8 272.0 313.7 Depreciation and amortization24.8 16.7 11.2 Asset impairment243.5 37.9 — Other operating income, net(55.5)(6.9)(12.1)Total operating costs and expenses12,343.7 16,222.5 19,343.5 Operating (loss) income(491.5)244.7 457.5 Interest expense, net313.0 318.0 195.8 Income from equity method investments(92.2)(86.2)(57.7)Other income, net(6.3)(3.7)(2.4)Total non-operating expenses, net214.5 228.1 135.7 (Loss) income from continuing operations before income tax (benefit) expense(706.0)16.6 321.8 Income tax (benefit) expense(107.9)(3.0)56.4 (Loss) income from continuing operations, net of tax(598.1)19.6 265.4 Discontinued operations:Income from discontinued operations, including gain on sale