Coeur Mining (CDE) FY2012 results: revenue $895 million, up 262.7% on the year
Coeur Mining, Inc. (CDE) reported revenue of $895 million for fiscal 2012, the year ended 31 December 2012, up 262.7% on the year before. Net income was $49 million, up 66.1%, and diluted earnings per share $0.54. The figures are the company's own, from the 10-K it filed with the SEC on 21 February 2013.
Revenue
$895 million
+262.7% on the year
FY2008FY2012
Operating margin
17.4%
124.3% a year earlier
FY2008FY2012
Net income
$49 million
+66.1% on the year
FY2008FY2012
Diluted EPS
$0.54
+315.4% on the year
FY2008FY2012
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
895
247
515
+262.7%
Cost of revenue
455
109
258
+316.5%
Gross profit
222
138
116
+61.2%
Gross margin
24.8%
55.8%
22.5%
Operating income
156
307
74.9
-49.2%
Operating margin
17.4%
124.3%
14.5%
Interest expense
26.2
34.8
30.9
-24.7%
Pre-tax income
119
208
-92.7
-42.5%
Income tax
70.8
115
-9.5
-38.3%
Effective tax rate
59.3%
55.2%
n/a
Net income
48.7
29.3
-91.3
+66.1%
Net margin
5.4%
11.9%
-17.7%
Diluted EPS
$0.54
$0.13
-$1.05
+315.4%
$ 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
272
87.4
166
+210.8%
Capital expenditure
116
40.2
156
+187.6%
Free cash flow
156
47.2
9.6
+230.5%
Free cash flow margin
17.4%
19.1%
1.9%
Cash from investing
-133
-161
-132
Cash from financing
-188
-146
9.5
Depreciation and amortisation
216
55.8
142
+287.0%
Share-based compensation
8.0
8.1
7.2
-1.4%
Buybacks
20.0
0.0
0.0
Diluted shares, weighted
90m
90m
87m
-0.1%
Shares outstanding at period end
90m
90m
89m
+0.8%
Balance sheet
$ million
FY2012
FY2011
FY2010
On the year
Last 8 years
Shareholders' equity
2,198
2,137
2,041
+2.9%
Short-term borrowings
n/a
0.0
n/a
Debt
266
380
193
-29.9%
Other liabilities
757
748
923
+1.2%
Total liabilities and equity
3,221
3,264
3,158
-1.3%
Fixed assets
684
688
668
-0.6%
Investments
1.0
20.3
0.0
-95.1%
Cash and equivalents
125
175
66.1
-28.3%
Receivables
62.4
83.5
58.9
-25.2%
Inventory
171
133
118
+28.5%
Other assets
2,178
2,165
2,246
+0.6%
Total assets
3,221
3,264
3,158
-1.3%
10-K for the year ended 31 December 2012, filed 21 February 2013: the filing.