MDU Resources Group (MDU) FY2012 results: revenue $4.1 billion, up 0.6% on the year
MDU Resources Group Inc. (MDU) reported revenue of $4.1 billion for fiscal 2012, the year ended 31 December 2012, up 0.6% on the year before. Net income was -$754,000, and diluted earnings per share $-0.01. The figures are the company's own, from the 10-K it filed with the SEC on 28 February 2013.
Revenue
$4.1 billion
+0.6% on the year
FY2007FY2012
Operating margin
0.5%
10.0% a year earlier
FY2007FY2012
Net income
-$754,000
FY2007FY2012
Diluted EPS
-$0.01
FY2007FY2012
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
4,075
4,050
3,910
+0.6%
Operating income
19.2
406
411
-95.3%
Operating margin
0.5%
10.0%
10.5%
Interest expense
76.7
81.4
83.0
-5.7%
Pre-tax income
-45.5
336
367
Income tax
-31.1
110
123
Effective tax rate
n/a
32.8%
33.4%
Net income
-0.8
213
241
Net margin
-0.0%
5.3%
6.2%
Diluted EPS
-$0.01
$1.12
$1.27
$ 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
585
627
552
-6.7%
Capital expenditure
873
497
449
+75.6%
Free cash flow
-288
130
102
Free cash flow margin
-7.1%
3.2%
2.6%
Cash from investing
-888
-465
-408
Cash from financing
190
-221
-96.8
Depreciation and amortisation
359
343
329
+4.6%
Share-based compensation
4.0
3.5
3.4
+14.3%
Dividends paid
160
123
119
+29.6%
Dividend per share
$0.68
$0.66
$0.64
+3.1%
Diluted shares, weighted
189m
189m
188m
-0.0%
Balance sheet
$ million
FY2012
FY2011
FY2010
On the year
Last 8 years
Shareholders' equity
2,648
2,776
2,693
-4.6%
Non-controlling interest
0.0
n/a
n/a
Debt
1,773
1,425
1,527
+24.5%
Other liabilities
2,261
2,356
2,084
-4.0%
Total liabilities and equity
6,682
6,556
6,304
+1.9%
Fixed assets
4,499
4,285
4,115
+5.0%
Goodwill
636
635
635
+0.2%
Intangible assets
17.1
20.8
25.3
-17.8%
Investments
103
109
n/a
-5.6%
Cash and equivalents
49.0
163
222
-69.9%
Receivables
678
646
584
+4.9%
Inventory
317
274
253
+15.8%
Other assets
383
423
470
-9.5%
Total assets
6,682
6,556
6,304
+1.9%
10-K for the year ended 31 December 2012, filed 28 February 2013: the filing.