Entergy (ETR) FY2012 results: revenue $10.3 billion, down 8.3% on the year
Entergy Corp. (ETR) reported revenue of $10.3 billion for fiscal 2012, the year ended 31 December 2012, down 8.3% on the year before. Net income was $847 million, down 37.1%, and diluted earnings per share $2.38. The figures are the company's own, from the 10-K it filed with the SEC on 27 February 2013.
Revenue
$10.3 billion
-8.3% on the year
FY2009FY2012
Operating margin
12.6%
17.9% a year earlier
FY2009FY2012
Net income
$847 million
-37.1% on the year
FY2009FY2012
Diluted EPS
$2.38
-37.0% on the year
FY2009FY2012
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
10,302
11,229
11,488
-8.3%
Operating income
1,301
2,013
2,267
-35.4%
Operating margin
12.6%
17.9%
19.7%
Interest expense
569
514
575
+10.8%
Pre-tax income
899
1,654
1,888
-45.6%
Income tax
30.9
286
617
-89.2%
Effective tax rate
3.4%
17.3%
32.7%
Net income
847
1,346
1,250
-37.1%
Net margin
8.2%
12.0%
10.9%
Diluted EPS
$2.38
$3.77
$3.33
-37.0%
$ 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
2,940
3,129
3,926
-6.0%
Capital expenditure
2,675
2,040
1,974
+31.1%
Free cash flow
266
1,089
1,952
-75.6%
Free cash flow margin
2.6%
9.7%
17.0%
Cash from investing
-3,640
-3,447
-2,574
Cash from financing
538
-282
-1,767
Depreciation and amortisation
1,329
1,293
1,282
+2.8%
Share-based compensation
n/a
n/a
9.2
Buybacks
0.0
235
879
Dividends paid
589
590
604
-0.1%
Dividend per share
$1.66
$1.66
$1.62
0.0%
Diluted shares, weighted
355m
357m
376m
-0.4%
Balance sheet
$ million
FY2012
FY2011
FY2010
On the year
Last 8 years
Shareholders' equity
9,197
8,961
8,496
+2.6%
Non-controlling interest
94.0
94.0
94.0
0.0%
Redeemable equity
281
281
n/a
0.0%
Debt
12,639
12,345
11,771
+2.4%
Other liabilities
20,992
19,021
18,324
+10.4%
Total liabilities and equity
43,203
40,702
38,685
+6.1%
Fixed assets
256
260
258
-1.7%
Goodwill
377
377
377
0.0%
Investments
4,929
4,510
4,300
+9.3%
Cash and equivalents
533
694
1,294
-23.3%
Receivables
1,002
1,002
1,036
-0.0%
Other assets
36,106
33,858
31,420
+6.6%
Total assets
43,203
40,702
38,685
+6.1%
10-K for the year ended 31 December 2012, filed 27 February 2013: the filing.