Ameren (AEE) FY2012 results: revenue $5.8 billion, down 6.0% on the year
Ameren Corp. (AEE) reported revenue of $5.8 billion for fiscal 2012, the year ended 31 December 2012, down 6.0% on the year before. Net income was -$974 million, and diluted earnings per share $-4.01. The figures are the company's own, from the 10-K it filed with the SEC on 1 March 2013.
Revenue
$5.8 billion
-6.0% on the year
FY2007FY2012
Operating margin
20.6%
16.8% a year earlier
FY2007FY2012
Net income
-$974 million
FY2007FY2012
Diluted EPS
-$4.01
FY2007FY2012
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2012
FY2011
FY2010
On the year
Last 8 years
Revenue
5,781
6,148
7,638
-6.0%
Operating income
1,188
1,033
916
+15.0%
Operating margin
20.6%
16.8%
12.0%
Interest expense
392
387
497
+1.3%
Pre-tax income
829
691
476
+20.0%
Income tax
307
254
325
+20.9%
Effective tax rate
37.0%
36.8%
68.3%
Net income
-974
519
139
Net margin
-16.8%
8.4%
1.8%
Diluted EPS
-$4.01
$2.15
$0.58
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2012
FY2011
FY2010
On the year
Last 8 years
Operating cash flow
1,690
1,878
1,823
-10.0%
Capital expenditure
1,063
881
1,042
+20.7%
Free cash flow
627
997
781
-37.1%
Free cash flow margin
10.8%
16.2%
10.2%
Cash from investing
-1,310
-1,048
-1,096
Cash from financing
-426
-1,120
-804
Depreciation and amortisation
633
602
746
+5.1%
Share-based compensation
29.0
17.0
15.0
+70.6%
Dividends paid
382
375
368
+1.9%
Dividend per share
$1.60
$1.55
$1.54
+2.9%
Diluted shares, weighted
243m
242m
239m
+0.4%
Shares outstanding at period end
243m
243m
240m
0.0%
Balance sheet
$ million
FY2012
FY2011
FY2010
On the year
Last 8 years
Shareholders' equity
6,616
7,919
7,730
-16.5%
Non-controlling interest
151
149
154
+1.3%
Debt
6,167
7,004
7,737
-12.0%
Other liabilities
9,296
8,651
7,894
+7.5%
Total liabilities and equity
22,230
23,723
23,515
-6.3%
Fixed assets
15,348
14,848
17,853
+3.4%
Goodwill
411
411
411
0.0%
Intangible assets
14.0
7.0
7.0
+100.0%
Securities held for sale or to maturity
445
430
n/a
+3.5%
Cash and equivalents
209
248
538
-15.7%
Receivables
354
424
517
-16.5%
Inventory
570
550
707
+3.6%
Other assets
4,879
6,805
3,482
-28.3%
Total assets
22,230
23,723
23,515
-6.3%
10-K for the year ended 31 December 2012, filed 1 March 2013: the filing.