Huntsman Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

BUSINESS COMBINATIONS (Tables)

BUSINESS COMBINATIONS (Tables) (Rockwood Holdings, Inc)

3 Months Ended

Mar. 31, 2015

Allocation of acquisition cost to the assets acquired and liabilities assumed

The preliminary allocation of acquisition cost to the assets acquired and liabilities assumed is summarized as follows (dollars in millions):

Cash paid for Rockwood Acquisition	$	1,038
Expected purchase price adjustment receivable		(25	)

Expected net acquisition cost	$	1,013


Fair value of assets acquired and liabilities assumed:
Cash	$	78
Accounts receivable, net		220
Inventories		400
Prepaid expenses and other current assets		46
Property, plant and equipment		591
Intangible assets		33
Deferred income taxes, non-current		126
Other assets		9
Accounts payable		(146	)
Accrued expenses and other current liabilities		(80	)
Long-term debt, non-current		(3	)
Pension and related liabilities		(233	)
Deferred income taxes, non-current		(10	)
Other liabilities		(18	)

Total fair value of net assets acquired	$	1,013

Estimated pro forma revenues attributable

If the Rockwood Acquisition were to have occurred on January 1, 2013, the following estimated pro forma revenues and net income attributable to Huntsman Corporation and Huntsman International would have been reported (dollars in millions, except per share amounts):

	Pro Forma
	Three months ended March 31, 2014 (Unaudited)
Revenues	$	3,133
Net income attributable to Huntsman Corporation		69
Income per share:
Basic	$	0.29
Diluted		0.28

Huntsman International

Business Combinations

Estimated pro forma revenues attributable

	Pro Forma
	Three months ended March 31, 2014 (Unaudited)
Revenues	$	3,133
Net income attributable to Huntsman International		72