Gen Digital (GEN) FY2012 results: revenue $6.7 billion, up 8.7% on the year
Gen Digital Inc. (GEN) reported revenue of $6.7 billion for fiscal 2012, the year ended 30 March 2012, up 8.7% on the year before. Net income was $1.2 billion, up 98.8%, and diluted earnings per share $1.59. The figures are the company's own, from the 10-K it filed with the SEC on 21 May 2012.
Revenue
$6.7 billion
+8.7% on the year
FY2008FY2012
Operating margin
16.4%
14.2% a year earlier
FY2008FY2012
Net income
$1.2 billion
+98.8% on the year
FY2008FY2012
Diluted EPS
$1.59
+109.2% 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
6,730
6,190
5,985
+8.7%
Cost of revenue
1,082
1,045
1,105
+3.5%
Gross profit
5,648
5,145
4,880
+9.8%
Gross margin
83.9%
83.1%
81.5%
Research and development
969
862
857
+12.4%
Operating income
1,104
880
933
+25.5%
Operating margin
16.4%
14.2%
15.6%
Pre-tax income
n/a
729
865
Income tax
308
n/a
n/a
Net income
1,187
597
714
+98.8%
Net margin
17.6%
9.6%
11.9%
Diluted EPS
$1.59
$0.76
$0.87
+109.2%
$ 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
1,901
1,794
1,693
+6.0%
Capital expenditure
286
268
248
+6.7%
Free cash flow
1,615
1,526
1,445
+5.8%
Free cash flow margin
24.0%
24.7%
24.1%
Cash from investing
-318
-1,760
-65.0
Cash from financing
-1,386
-184
-441
Depreciation and amortisation
656
647
733
+1.4%
Share-based compensation
164
145
155
+13.1%
Buybacks
893
872
553
+2.4%
Diluted shares, weighted
748m
786m
819m
-4.8%
Shares outstanding at period end
724m
758m
798m
-4.5%
Balance sheet
$ million
FY2012
FY2011
FY2010
On the year
Last 8 years
Shareholders' equity
5,094
4,528
4,548
+12.5%
Non-controlling interest
78.0
77.0
0.0
+1.3%
Debt
2,039
2,583
1,871
-21.1%
Other liabilities
5,809
5,531
4,813
+5.0%
Total liabilities and equity
13,020
12,719
11,232
+2.4%
Fixed assets
1,100
1,050
949
+4.8%
Goodwill
5,826
5,494
4,605
+6.0%
Intangible assets
1,337
1,511
1,179
-11.5%
Investments
49.0
8.0
15.0
+512.5%
Cash and equivalents
3,162
2,950
3,029
+7.2%
Receivables
940
1,013
856
-7.2%
Inventory
28.0
30.0
25.0
-6.7%
Other assets
578
663
574
-12.8%
Total assets
13,020
12,719
11,232
+2.4%
10-K for the year ended 30 March 2012, filed 21 May 2012: the filing.