Cencora (COR) FY2012 results: revenue $78.1 billion, down 0.8% on the year
Cencora, Inc. (COR) reported revenue of $78.1 billion for fiscal 2012, the year ended 30 September 2012, down 0.8% on the year before. Net income was $719 million, up 1.7%, and diluted earnings per share $2.80. The figures are the company's own, from the 10-K it filed with the SEC on 27 November 2012.
Revenue
$78.1 billion
-0.8% on the year
FY2007FY2012
Operating margin
1.7%
1.5% a year earlier
FY2007FY2012
Net income
$719 million
+1.7% on the year
FY2007FY2012
Diluted EPS
$2.80
+10.2% on the year
FY2007FY2012
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
78,081
78,696
76,496
-0.8%
Cost of revenue
75,446
76,237
74,218
-1.0%
Gross profit
2,635
2,459
2,278
+7.1%
Gross margin
3.4%
3.1%
3.0%
Selling, general and administrative
1,153
1,138
1,113
+1.3%
Operating income
1,304
1,190
1,087
+9.6%
Operating margin
1.7%
1.5%
1.4%
Pre-tax income
1,217
1,118
1,012
+8.8%
Income tax
455
420
385
+8.2%
Effective tax rate
37.4%
37.6%
38.1%
Net income
719
707
637
+1.7%
Net margin
0.9%
0.9%
0.8%
Diluted EPS
$2.80
$2.54
$2.22
+10.2%
$ 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
1,305
1,168
1,109
+11.8%
Capital expenditure
133
156
176
-14.6%
Free cash flow
1,172
1,012
933
+15.8%
Free cash flow margin
1.5%
1.3%
1.2%
Cash from investing
-948
-212
-184
Cash from financing
-1,117
-788
-275
Depreciation and amortisation
134
101
79.5
+32.6%
Share-based compensation
26.0
27.3
29.7
-4.9%
Buybacks
1,162
841
470
+38.3%
Dividends paid
133
118
90.6
+12.9%
Dividend per share
$0.52
$0.43
$0.32
+20.9%
Diluted shares, weighted
257m
278m
287m
-7.5%
Shares outstanding at period end
235m
261m
278m
-9.8%
Balance sheet
$ million
FY2012
FY2011
FY2010
On the year
Last 8 years
Shareholders' equity
2,457
2,867
2,954
-14.3%
Debt
1,396
1,365
1,344
+2.3%
Other liabilities
11,591
10,751
10,137
+7.8%
Total liabilities and equity
15,444
14,983
14,435
+3.1%
Fixed assets
744
664
712
+12.1%
Goodwill
2,943
2,497
2,475
+17.9%
Intangible assets
580
281
301
+106.9%
Cash and equivalents
1,067
1,826
1,658
-41.6%
Receivables
3,785
3,676
3,827
+3.0%
Inventory
5,472
5,320
5,210
+2.9%
Other assets
854
719
252
+18.7%
Total assets
15,444
14,983
14,435
+3.1%
10-K for the year ended 30 September 2012, filed 27 November 2012: the filing.