Alliant Energy (LNT) FY2013 results: revenue $3.3 billion, up 5.9% on the year
Alliant Energy Corp. (LNT) reported revenue of $3.3 billion for fiscal 2013, the year ended 31 December 2013, up 5.9% on the year before. Net income was $376 million, up 12.1%, and diluted earnings per share $1.61. The figures are the company's own, from the 10-K it filed with the SEC on 25 February 2014.
Revenue
$3.3 billion
+5.9% on the year
FY2008FY2013
Operating margin
16.3%
16.8% a year earlier
FY2008FY2013
Net income
$376 million
+12.1% on the year
FY2008FY2013
Diluted EPS
$1.61
+11.8% on the year
FY2008FY2013
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2013
FY2012
FY2011
On the year
Last 8 years
Revenue
3,277
3,094
3,221
+5.9%
Operating income
534
520
513
+2.7%
Operating margin
16.3%
16.8%
15.9%
Interest expense
173
157
158
+10.3%
Pre-tax income
436
430
411
+1.3%
Income tax
53.9
89.4
69.2
-39.7%
Effective tax rate
12.4%
20.8%
16.9%
Net income
376
336
322
+12.1%
Net margin
11.5%
10.8%
10.0%
Diluted EPS
$1.61
$1.45
$1.37
+11.8%
$ 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
FY2013
FY2012
FY2011
On the year
Last 8 years
Operating cash flow
731
841
703
-13.1%
Capital expenditure
798
1,158
673
-31.1%
Free cash flow
-67.3
-317
29.3
Free cash flow margin
-2.1%
-10.2%
0.9%
Cash from investing
-755
-1,156
-652
Cash from financing
12.3
324
-198
-96.2%
Depreciation and amortisation
371
332
321
+11.6%
Share-based compensation
12.0
6.9
10.1
+73.9%
Dividends paid
208
199
188
+4.5%
Dividend per share
$0.94
$0.90
$0.85
+4.4%
Diluted shares, weighted
n/a
222m
221m
Shares outstanding at period end
222m
222m
222m
-0.0%
Balance sheet
$ million
FY2013
FY2012
FY2011
On the year
Last 8 years
Shareholders' equity
3,281
3,135
3,013
+4.7%
Non-controlling interest
1.8
1.8
1.8
0.0%
Redeemable equity
0.0
60.0
60.0
Debt
3,616
3,356
2,807
+7.8%
Other liabilities
4,214
4,233
3,806
-0.5%
Total liabilities and equity
11,112
10,786
9,688
+3.0%
Fixed assets
8,326
7,838
7,037
+6.2%
Investments
330
319
301
+3.3%
Cash and equivalents
9.8
21.2
11.4
-53.8%
Receivables
473
94.9
88.1
+398.7%
Other assets
1,973
2,512
2,250
-21.5%
Total assets
11,112
10,786
9,688
+3.0%
10-K for the year ended 31 December 2013, filed 25 February 2014: the filing.