Ameriprise Financial (AMP) FY2012 results: revenue $10.3 billion, up 0.2% on the year
Ameriprise Financial Inc. (AMP) reported revenue of $10.3 billion for fiscal 2012, the year ended 31 December 2012, up 0.2% on the year before. Net income was $1.0 billion, down 7.8%, and diluted earnings per share $4.62. The figures are the company's own, from the 10-K it filed with the SEC on 27 February 2013.
Revenue
$10.3 billion
+0.2% on the year
FY2007FY2012
Operating margin
12.5%
14.6% a year earlier
FY2007FY2012
Net income
$1.0 billion
-7.8% on the year
FY2007FY2012
Diluted EPS
$4.62
+2.0% on the year
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
10,259
10,239
9,582
+0.2%
Operating income
1,280
1,494
1,539
-14.3%
Operating margin
12.5%
14.6%
16.1%
Income tax
335
377
293
-11.1%
Net income
1,029
1,116
989
-7.8%
Net margin
10.0%
10.9%
10.3%
Diluted EPS
$4.62
$4.53
$3.77
+2.0%
$ 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
1,505
2,178
1,847
-30.9%
Capital expenditure
137
250
131
-45.2%
Free cash flow
1,368
1,928
1,716
-29.0%
Free cash flow margin
13.3%
18.8%
17.9%
Cash from investing
4,417
-1,146
-734
Cash from financing
-6,342
-1,111
-1,343
Depreciation and amortisation
225
110
330
+104.5%
Share-based compensation
134
145
158
-7.6%
Buybacks
1,381
1,495
582
-7.6%
Dividends paid
305
212
183
+43.9%
Dividend per share
$1.15
$1.15
$0.71
0.0%
Diluted shares, weighted
223m
246m
262m
-9.5%
Balance sheet
$ million
FY2012
FY2011
FY2010
On the year
Last 8 years
Shareholders' equity
9,092
8,988
10,725
+1.2%
Non-controlling interest
620
706
560
-12.2%
Deposits
n/a
n/a
8,779
Short-term borrowings
n/a
n/a
397
Debt
2,904
n/a
n/a
Other liabilities
122,113
122,613
110,731
-0.4%
Total liabilities and equity
134,729
132,307
131,192
+1.8%
Fixed assets
753
774
693
-2.7%
Goodwill
1,174
1,164
1,161
+0.9%
Intangible assets
241
282
325
-14.5%
Cash and equivalents
2,371
2,781
2,861
-14.7%
Other assets
130,190
127,306
126,152
+2.3%
Total assets
134,729
132,307
131,192
+1.8%
10-K for the year ended 31 December 2012, filed 27 February 2013: the filing.