Douglas Emmett (DEI) FY2012 results: revenue $579 million, up 0.6% on the year
Douglas Emmett Inc. (DEI) reported revenue of $579 million for fiscal 2012, the year ended 31 December 2012, up 0.6% on the year before. Net income was $23 million, up 1481.1%, and diluted earnings per share $0.16. The figures are the company's own, from the 10-K it filed with the SEC on 27 February 2013.
Revenue
$579 million
+0.6% on the year
FY2008FY2012
Operating margin
30.4%
26.5% a year earlier
FY2008FY2012
Net income
$23 million
+1,481.1% on the year
FY2008FY2012
Diluted EPS
$0.16
+1,500.0% 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
579
575
571
+0.6%
Operating income
176
152
140
+15.3%
Operating margin
30.4%
26.5%
24.5%
Interest expense
147
148
167
-1.2%
Net income
22.9
1.5
-26.4
+1,481.1%
Net margin
4.0%
0.3%
-4.6%
Diluted EPS
$0.16
$0.01
-$0.22
+1,500.0%
$ 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
210
209
189
+0.7%
Capital expenditure
60.2
56.0
53.8
+7.5%
Free cash flow
150
153
135
-1.8%
Free cash flow margin
25.9%
26.6%
23.7%
Cash from investing
-91.5
-61.0
-305
Cash from financing
-153
-13.3
315
Depreciation and amortisation
185
206
225
-10.1%
Share-based compensation
10.6
8.0
10.1
+32.3%
Buybacks
n/a
0.0
0.0
Dividends paid
80.1
57.8
49.0
+38.6%
Dividend per share
$0.58
$0.46
$0.40
+26.1%
Diluted shares, weighted
173m
160m
123m
+8.2%
Shares outstanding at period end
141m
131m
124m
+7.8%
Balance sheet
$ million
FY2012
FY2011
FY2010
On the year
Last 8 years
Shareholders' equity
1,980
1,865
1,827
+6.1%
Non-controlling interest
411
451
472
-8.9%
Debt
3,441
3,624
n/a
-5.0%
Other liabilities
272
291
3,980
-6.6%
Total liabilities and equity
6,104
6,232
6,279
-2.1%
Intangible assets
4.7
6.4
9.4
-26.2%
Cash and equivalents
373
407
272
-8.3%
Other assets
5,726
5,818
5,998
-1.6%
Total assets
6,104
6,232
6,279
-2.1%
10-K for the year ended 31 December 2012, filed 27 February 2013: the filing.