Ares Management (ARES) FY2012 results: revenue $334 million
Ares Management Corp. (ARES) reported revenue of $334 million for fiscal 2012, the year ended 31 December 2012. Net income was $1.2 billion. The figures are the company's own, from the 10-K it filed with the SEC on 20 March 2015.
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
| $ million | FY2012 | Last 8 years |
|---|---|---|
| Revenue | 334 | |
| Operating income | -424 | |
| Operating margin | -127.1% | |
| Pre-tax income | 1,262 | |
| Income tax | 26.2 | |
| Effective tax rate | 2.1% | |
| Net income | 1,236 | |
| Net margin | 369.9% |
$ million except per share.
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Free 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 | Last 8 years |
|---|---|---|
| Share-based compensation | 52.0 |
Balance sheet
| $ million | FY2012 | Last 8 years |
|---|---|---|
| Other assets | 24,496 | |
| Total assets | 24,496 |
10-K for the year ended 31 December 2012, filed 20 March 2015: the filing.