Centrus Energy (LEU) FY2012 results: revenue $1.9 billion, up 16.3% on the year
Centrus Energy Corp. (LEU) reported revenue of $1.9 billion for fiscal 2012, the year ended 31 December 2012, up 16.3% on the year before. Net income was -$1.2 billion, and diluted earnings per share $-9.84. The figures are the company's own, from the 10-K it filed with the SEC on 18 March 2013.
Revenue
$1.9 billion
+16.3% on the year
FY2008FY2012
Operating margin
-61.9%
-15.5% a year earlier
FY2008FY2012
Net income
-$1.2 billion
FY2008FY2012
Diluted EPS
-$9.84
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
1,862
1,601
2,035
+16.3%
Cost of revenue
1,733
1,525
1,877
+13.6%
Gross profit
129
75.4
158
+71.6%
Gross margin
6.9%
4.7%
7.8%
Research and development
1,314
272
110
+383.8%
Selling, general and administrative
50.3
56.4
58.9
-10.8%
Operating income
-1,152
-249
33.7
Operating margin
-61.9%
-15.5%
1.7%
Interest expense
50.4
11.6
0.6
+334.5%
Pre-tax income
-1,201
-260
26.9
Income tax
-1.0
232
19.4
Effective tax rate
n/a
n/a
72.1%
Net income
-1,201
-491
7.5
Net margin
-64.5%
-30.7%
0.4%
Diluted EPS
-$9.84
-$102.31
$0.05
$ 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
143
56.3
22.5
+153.8%
Capital expenditure
4.3
153
162
-97.2%
Free cash flow
139
-96.5
-140
Free cash flow margin
7.4%
-6.0%
-6.9%
Cash from investing
125
-163
-145
Cash from financing
-12.4
-6.5
142
Depreciation and amortisation
37.5
50.1
43.3
-25.1%
Share-based compensation
5.1
8.0
9.0
-36.2%
Diluted shares, weighted
122m
5m
167m
+2,441.7%
Shares outstanding at period end
5m
5m
115m
+1.6%
Balance sheet
$ million
FY2012
FY2011
FY2010
On the year
Last 8 years
Shareholders' equity
-473
752
1,314
Debt
714
704
738
+1.4%
Other liabilities
2,026
2,093
1,796
-3.2%
Total liabilities and equity
2,266
3,549
3,848
-36.1%
Fixed assets
51.0
1,187
1,231
-95.7%
Goodwill
6.8
6.8
6.8
0.0%
Cash and equivalents
293
37.6
151
+679.0%
Receivables
135
162
309
-16.8%
Inventory
1,593
1,752
1,522
-9.1%
Other assets
188
404
628
-53.5%
Total assets
2,266
3,549
3,848
-36.1%
10-K for the year ended 31 December 2012, filed 18 March 2013: the filing.