ASML Holding N.V. (ASML) annual results, year to 31 December 2012: revenue EUR 4,732 million, from the 20-F
ASML Holding N.V. files a 20-F with the SEC once a year, in euros. In the year to 31 December 2012 it reported revenue of EUR 4,732 million ($6.1 billion at the year's average rate), down 16.3% on the year before. Its profit attributable to shareholders was EUR 1,146 million, down 21.9%, and diluted earnings per share EUR 2.68.
this yearthe year beforeIn euros as filed. Hover a bar for its figure.
Income statement (profit and loss)
| Year to | Dec 2011 | Dec 2012 |
|---|---|---|
| Revenue | 5,651 | 4,732 |
| Cost of sales | 3,202 | 2,726 |
| Gross profit | 2,449 | 2,005 |
| Research and development | 590 | 589 |
| Selling, general and administrative | 218 | 259 |
| Operating profit | 1,641 | 1,157 |
| Profit before tax | 1,649 | 1,151 |
| Income tax | 182 | 4.3 |
| Profit attributable to shareholders | 1,467 | 1,146 |
| Filing | 20-F | 20-F |
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A line the company does not file under the standard tag is left out rather than estimated.EUR per ordinary share, as filed.
Cash flow
| Year to | Dec 2011 | Dec 2012 |
|---|---|---|
| Cash from operations | 2,070 | 703 |
| Purchase of property, plant and equipment | 301 | 172 |
| Free cash flow | 1,770 | 532 |
| Cash from investing | -301 | -1,120 |
| Cash from financing | -992 | -546 |
| Depreciation and amortisation | 165 | 187 |
| Buybacks | 700 | 535 |
| Dividends paid | 173 | 189 |
| Filing | 20-F | 20-F |
EUR million. Free cash flow is cash from operations less the purchase of property, plant and equipment, arithmetic on the two filed lines.
Balance sheet
| Year to | Dec 2011 | Dec 2012 |
|---|---|---|
| Funded by | ||
| Equity attributable to shareholders | 3,444 | 4,067 |
| Other liabilities | 3,817 | 3,344 |
| Total equity and liabilities | 7,261 | 7,410 |
| Owned | ||
| Property, plant and equipment | 1,054 | 1,030 |
| Goodwill | 146 | 149 |
| Other intangible assets | 8.4 | 9.9 |
| Cash and cash equivalents | 2,732 | 1,768 |
| Trade and other receivables | 881 | 605 |
| Inventories | 1,625 | 1,857 |
| Other assets | 816 | 1,992 |
| Total assets | 7,261 | 7,410 |
| Filing | 20-F | 20-F |
EUR million, at each fiscal year end.
Ratios on the filed lines
| Year to | Dec 2011 | Dec 2012 |
|---|---|---|
| Gross margin | 43.3% | 42.4% |
| Operating margin | 29.0% | 24.4% |
| Net margin | 26.0% | 24.2% |
| Free cash flow margin | 31.3% | 11.2% |
| Return on year-end equity | 42.6% | 28.2% |
| Effective tax rate | 11.0% | 0.4% |
| Filing | 20-F | 20-F |
Arithmetic on the filed lines of the same year.
The exchange rates used
| Year to | Average over the year US dollars per EUR | At the year end US dollars per EUR |
|---|---|---|
| Dec 2007 | 1.3711 | 1.4603 |
| Dec 2008 | 1.4726 | 1.3919 |
| Dec 2009 | 1.3935 | 1.4332 |
| Dec 2010 | 1.3261 | 1.3269 |
| Dec 2011 | 1.3931 | 1.2973 |
| Dec 2012 | 1.2859 | 1.3186 |
| Dec 2013 | 1.3281 | 1.3779 |
| Dec 2014 | 1.3297 | 1.2101 |
| Dec 2015 | 1.1096 | 1.0859 |
| Dec 2016 | 1.1072 | 1.0552 |
| Dec 2017 | 1.1301 | 1.2022 |
| Dec 2018 | 1.1817 | 1.1456 |
| Dec 2019 | 1.1194 | 1.1227 |
| Dec 2020 | 1.1410 | 1.2230 |
| Dec 2021 | 1.1830 | 1.1318 |
| Dec 2022 | 1.0534 | 1.0698 |
| Dec 2023 | 1.0817 | 1.1062 |
| Dec 2024 | 1.0820 | 1.0351 |
| Dec 2025 | 1.1306 | 1.1736 |
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Profit and loss, cash flow and EPS use the average of the daily rates over each fiscal year; the balance sheet uses the rate on the year end, or the last one before it. Ratios are the same in either currency. The filed figures are the ones in euros.20-F for the year to 31 December 2012, filed 11 February 2015: the filing. The figures are in euros as filed.