ICON plc (ICLR) annual results, year to 31 December 2013: revenue USD 1,336 million, from the 20-F
ICON plc files a 20-F with the SEC once a year, in US dollars. In the year to 31 December 2013 it reported revenue of USD 1,336 million, up 19.8% on the year before. Its profit attributable to shareholders was USD 103 million, up 85.5%, and diluted earnings per share USD 1.65.
this yearthe year beforeIn US dollars as filed. Hover a bar for its figure.
Income statement (profit and loss)
| Year to | Dec 2012 | Dec 2013 |
|---|---|---|
| Revenue | 1,115 | 1,336 |
| Cost of sales | 718 | 845 |
| Selling, general and administrative | 281 | 314 |
| Operating profit | 68.0 | 121 |
| Profit before tax | 67.2 | 121 |
| Income tax | 11.8 | 18.1 |
| Profit attributable to shareholders | 55.4 | 103 |
| Filing | 20-F | 20-F |
USD million, from the 20-F on the SEC's EDGAR, linked in the last row, on the US GAAP tags the company filed.
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A line the company does not file under the standard tag is left out rather than estimated.USD per ordinary share, as filed.
Cash flow
| Year to | Dec 2012 | Dec 2013 |
|---|---|---|
| Cash from operations | 113 | 221 |
| Purchase of property, plant and equipment | 30.8 | 29.5 |
| Free cash flow | 82.6 | 192 |
| Cash from investing | -121 | -184 |
| Cash from financing | -1.2 | 28.8 |
| Depreciation and amortisation | 42.8 | 46.5 |
| Buybacks | 15.6 | n/a |
| Filing | 20-F | 20-F |
USD million. Free cash flow is cash from operations less the purchase of property, plant and equipment, arithmetic on the two filed lines.
Balance sheet
| Year to | Dec 2012 | Dec 2013 |
|---|---|---|
| Funded by | ||
| Equity attributable to shareholders | 755 | 911 |
| Borrowings, as filed | n/a | 0.0 |
| Other liabilities | 448 | 532 |
| Total equity and liabilities | 1,202 | 1,442 |
| Owned | ||
| Property, plant and equipment | 168 | 161 |
| Goodwill | 315 | 358 |
| Cash and cash equivalents | 114 | 183 |
| Trade and other receivables | 285 | 343 |
| Inventories | 3.0 | 2.2 |
| Other assets | 316 | 397 |
| Total assets | 1,202 | 1,442 |
| Filing | 20-F | 20-F |
USD million, at each fiscal year end.
Ratios on the filed lines
| Year to | Dec 2012 | Dec 2013 |
|---|---|---|
| Operating margin | 6.1% | 9.1% |
| Net margin | 5.0% | 7.7% |
| Free cash flow margin | 7.4% | 14.4% |
| Return on year-end equity | 7.3% | 11.3% |
| Effective tax rate | 17.6% | 14.9% |
| Filing | 20-F | 20-F |
Arithmetic on the filed lines of the same year.
20-F for the year to 31 December 2013, filed 12 March 2014: the filing. The figures are in US dollars as filed.