Edison International (EIX) FY2012 results: revenue $11.9 billion, up 12.0% on the year
Edison International (EIX) reported revenue of $11.9 billion for fiscal 2012, the year ended 31 December 2012, up 12.0% on the year before. Net income was -$183 million, and diluted earnings per share $-0.56. The figures are the company's own, from the 10-K it filed with the SEC on 26 February 2013.
Revenue
$11.9 billion
+12.0% on the year
FY2007FY2012
Operating margin
19.3%
19.5% a year earlier
FY2007FY2012
Net income
-$183 million
FY2007FY2012
Diluted EPS
-$0.56
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
11,862
10,588
9,996
+12.0%
Operating income
2,285
2,061
1,819
+10.9%
Operating margin
19.3%
19.5%
18.2%
Interest expense
521
485
440
+7.4%
Pre-tax income
n/a
-264
1,657
Income tax
267
568
335
-53.0%
Effective tax rate
n/a
n/a
20.2%
Net income
-183
-37.0
1,256
Net margin
-1.5%
-0.3%
12.6%
Diluted EPS
-$0.56
-$0.11
$3.82
$ 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
3,334
3,906
3,477
-14.6%
Capital expenditure
4,149
4,122
3,780
+0.7%
Free cash flow
-815
-216
-303
Free cash flow margin
-6.9%
-2.0%
-3.0%
Cash from investing
-5,283
-4,933
-4,814
Cash from financing
650
1,107
1,053
-41.3%
Share-based compensation
33.0
30.0
24.0
+10.0%
Dividends paid
424
417
411
+1.7%
Dividend per share
$1.31
$1.28
$1.26
+2.1%
Diluted shares, weighted
330m
329m
329m
+0.3%
Shares outstanding at period end
326m
326m
326m
0.0%
Balance sheet
$ million
FY2012
FY2011
FY2010
On the year
Last 8 years
Shareholders' equity
11,191
11,086
11,494
+0.9%
Debt
9,406
9,263
12,534
+1.5%
Other liabilities
23,797
27,690
21,502
-14.1%
Total liabilities and equity
44,394
48,039
45,530
-7.6%
Fixed assets
30,273
27,644
30,184
+9.5%
Cash and equivalents
170
1,469
1,389
-88.4%
Receivables
762
768
931
-0.8%
Inventory
340
350
568
-2.9%
Other assets
12,849
17,808
12,458
-27.8%
Total assets
44,394
48,039
45,530
-7.6%
10-K for the year ended 31 December 2012, filed 26 February 2013: the filing.