The Deloitte M&A Index Q3 2015 | 7 Corporate barometer Analysis of S&P Global 1200 company data: Figure 7. Company fundamentals, S&P Global 1200: Q1 2014 vs Q1 2015 average Average revenue growth fell from 0.3 per Average cash in hand ($bn) cent in the first quarter of 2014 to negative 6.35 6.2 per cent for the corresponding period 0 10 of 2015. 6.39 The average cash in hand per company Average EPS ($) decreased from $6.39 billion at the end of 0.77 the first quarter 2014 to $6.35 billion at the 0 1.0 end of the first quarter of 2015. The free cash 0.82 flow for the firm (FCFF) across the S&P Global 1200 shows a similar pattern, averaging Year-on-year average revenue growth (%) $401.5 million in Q1 2014 and $351.6 million 0.3% in Q1 2015. -7.0% 7.0% The average dividend payments per company -6.2% increased from $182 million in Q1 2014 to $201 million in Q1 2015, continuing the trend Average dividend paid ($m) of returning cash to shareholders. 182 100 300 The average EPS decreased from $0.82 in 201 Q1 2014 to $0.77 in Q1 2015. Average capital expenditure ($m) Finally, average capital expenditure per 394.2 company fell slightly from $401 million to 0 800.0 $394.2 million. 401.0 Average free cash flow for the firm (FCFF) ($m) 351.6 0 800.0 401.5 = Q1 2015 Average = Q1 2014 Average Source: Deloitte analysis based on data from Bloomberg