Peabody Energy (BTU) FY2013 results: revenue $7.0 billion, down 13.2% on the year
Peabody Energy Corp. (BTU) reported revenue of $7.0 billion for fiscal 2013, the year ended 31 December 2013, down 13.2% on the year before. Net income was -$525 million, and diluted earnings per share $-29.55. The figures are the company's own, from the 10-K it filed with the SEC on 21 February 2014.
Revenue
$7.0 billion
-13.2% on the year
FY2007FY2013
Operating margin
-4.6%
2.1% a year earlier
FY2007FY2013
Net income
-$525 million
FY2007FY2013
Diluted EPS
-$29.55
FY2007FY2013
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2013
FY2012
FY2011
On the year
Last 8 years
Revenue
7,014
8,078
7,896
-13.2%
Selling, general and administrative
244
269
268
-9.2%
Operating income
-325
172
1,596
Operating margin
-4.6%
2.1%
20.2%
Interest expense
408
406
239
+0.7%
Pre-tax income
-734
-209
1,376
Income tax
-448
262
363
Effective tax rate
n/a
n/a
26.4%
Net income
-525
-586
958
Net margin
-7.5%
-7.3%
12.1%
Diluted EPS
-$29.55
-$32.85
$52.80
$ 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
FY2013
FY2012
FY2011
On the year
Last 8 years
Operating cash flow
722
1,515
1,633
-52.3%
Capital expenditure
328
986
847
-66.7%
Free cash flow
394
529
786
-25.5%
Free cash flow margin
5.6%
6.6%
10.0%
Cash from investing
-516
-1,092
-3,808
Cash from financing
-322
-663
1,678
Depreciation and amortisation
740
663
474
+11.6%
Share-based compensation
50.9
45.4
43.9
+12.1%
Buybacks
0.0
99.9
0.0
Dividends paid
91.7
91.9
92.1
-0.2%
Dividend per share
$5.10
$5.10
$5.10
0.0%
Diluted shares, weighted
18m
18m
18m
-0.3%
Shares outstanding at period end
18m
18m
18m
+0.6%
Balance sheet
$ million
FY2013
FY2012
FY2011
On the year
Last 8 years
Shareholders' equity
3,909
4,905
5,485
-20.3%
Non-controlling interest
39.2
33.9
30.7
+15.6%
Debt
6,002
6,253
6,658
-4.0%
Other liabilities
4,183
4,617
4,560
-9.4%
Total liabilities and equity
14,133
15,809
16,733
-10.6%
Fixed assets
11,082
11,802
11,252
-6.1%
Securities held for sale or to maturity
0.0
4.8
0.0
Cash and equivalents
444
559
799
-20.5%
Receivables
558
738
922
-24.4%
Inventory
507
548
444
-7.6%
Other assets
1,542
2,158
3,315
-28.5%
Total assets
14,133
15,809
16,733
-10.6%
10-K for the year ended 31 December 2013, filed 21 February 2014: the filing.