Charter Communications (CHTR) FY2013 results: revenue $8.2 billion, up 8.7% on the year
Charter Communications, Inc. (CHTR) reported revenue of $8.2 billion for fiscal 2013, the year ended 31 December 2013, up 8.7% on the year before. Net income was -$169 million, and diluted earnings per share $-1.65. The figures are the company's own, from the 10-K it filed with the SEC on 21 February 2014.
Revenue
$8.2 billion
+8.7% on the year
FY2010FY2013
Operating margin
11.1%
12.2% a year earlier
FY2010FY2013
Net income
-$169 million
FY2010FY2013
Diluted EPS
-$1.65
FY2010FY2013
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
8,155
7,504
7,204
+8.7%
Operating income
909
916
1,041
-0.8%
Operating margin
11.1%
12.2%
14.5%
Interest expense
846
907
963
-6.7%
Pre-tax income
-49.0
-47.0
-70.0
Income tax
120
257
299
-53.3%
Net income
-169
-304
-369
Net margin
-2.1%
-4.1%
-5.1%
Diluted EPS
-$1.65
-$3.05
-$3.39
$ 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
2,158
1,876
1,737
+15.0%
Capital expenditure
1,825
1,745
1,311
+4.6%
Free cash flow
333
131
426
+154.2%
Free cash flow margin
4.1%
1.7%
5.9%
Cash from investing
-2,443
-1,737
-1,366
Cash from financing
299
-134
-373
Depreciation and amortisation
1,854
1,713
1,592
+8.2%
Share-based compensation
48.0
50.0
36.0
-4.0%
Buybacks
15.0
11.0
733
+36.4%
Balance sheet
$ million
FY2013
FY2012
FY2011
On the year
Last 8 years
Shareholders' equity
151
149
409
+1.3%
Non-controlling interest
0.0
0.0
0.0
Debt
14,181
12,808
12,856
+10.7%
Other liabilities
2,963
2,642
2,340
+12.1%
Total liabilities and equity
17,295
15,599
15,605
+10.9%
Fixed assets
7,981
7,206
6,897
+10.8%
Goodwill
1,177
953
954
+23.5%
Intangible assets
1,475
1,500
1,767
-1.7%
Cash and equivalents
21.0
7.0
2.0
+200.0%
Receivables
234
234
268
0.0%
Other assets
6,407
5,699
5,717
+12.4%
Total assets
17,295
15,599
15,605
+10.9%
10-K for the year ended 31 December 2013, filed 21 February 2014: the filing.