Alliant Energy (LNT) FY2014 results: revenue $3.4 billion, up 2.2% on the year
Alliant Energy Corp. (LNT) reported revenue of $3.4 billion for fiscal 2014, the year ended 31 December 2014, up 2.2% on the year before. Net income was $393 million, up 4.5%, and diluted earnings per share $1.73. The figures are the company's own, from the 10-K it filed with the SEC on 25 February 2015.
Revenue
$3.4 billion
+2.2% on the year
FY2008FY2014
Operating margin
16.2%
16.3% a year earlier
FY2008FY2014
Net income
$393 million
+4.5% on the year
FY2008FY2014
Diluted EPS
$1.73
+7.1% on the year
FY2008FY2014
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2014
FY2013
FY2012
On the year
Last 8 years
Revenue
3,350
3,277
3,094
+2.2%
Operating income
544
534
520
+1.8%
Operating margin
16.2%
16.3%
16.8%
Interest expense
181
173
157
+4.5%
Pre-tax income
440
436
430
+0.9%
Income tax
44.3
53.9
89.4
-17.8%
Effective tax rate
10.1%
12.4%
20.8%
Net income
393
376
336
+4.5%
Net margin
11.7%
11.5%
10.8%
Diluted EPS
$1.73
$1.61
$1.45
+7.1%
$ 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
FY2014
FY2013
FY2012
On the year
Last 8 years
Operating cash flow
892
731
841
+22.0%
Capital expenditure
903
798
1,158
+13.1%
Free cash flow
-11.2
-67.3
-317
Free cash flow margin
-0.3%
-2.1%
-10.2%
Cash from investing
-918
-755
-1,156
Cash from financing
73.2
12.3
324
+495.1%
Depreciation and amortisation
388
371
332
+4.6%
Share-based compensation
15.3
12.0
6.9
+27.5%
Dividends paid
226
208
199
+8.4%
Dividend per share
$1.02
$0.94
$0.90
+8.5%
Diluted shares, weighted
n/a
n/a
222m
Shares outstanding at period end
222m
222m
222m
-0.0%
Balance sheet
$ million
FY2014
FY2013
FY2012
On the year
Last 8 years
Shareholders' equity
3,439
3,281
3,135
+4.8%
Non-controlling interest
202
1.8
1.8
+11,111.1%
Redeemable equity
n/a
0.0
60.0
Debt
3,909
3,616
3,356
+8.1%
Other liabilities
4,537
4,214
4,233
+7.7%
Total liabilities and equity
12,086
11,112
10,786
+8.8%
Fixed assets
8,938
8,326
7,838
+7.3%
Investments
345
330
319
+4.6%
Cash and equivalents
56.9
9.8
21.2
+480.6%
Receivables
427
473
94.9
-9.7%
Other assets
2,318
1,973
2,512
+17.5%
Total assets
12,086
11,112
10,786
+8.8%
10-K for the year ended 31 December 2014, filed 25 February 2015: the filing.