MGE Energy (MGEE) FY2012 results: revenue $541 million, down 0.9% on the year
MGE Energy Inc. (MGEE) reported revenue of $541 million for fiscal 2012, the year ended 31 December 2012, down 0.9% on the year before. Net income was $64 million, up 5.8%, and diluted earnings per share $1.86. The figures are the company's own, from the 10-K it filed with the SEC on 26 February 2013.
Revenue
$541 million
-0.9% on the year
FY2008FY2012
Operating margin
20.8%
19.7% a year earlier
FY2008FY2012
Net income
$64 million
+5.8% on the year
FY2008FY2012
Diluted EPS
$1.86
+5.7% on the year
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
541
546
533
-0.9%
Operating income
113
108
96.6
+4.5%
Operating margin
20.8%
19.7%
18.1%
Interest expense
19.5
20.2
16.2
-3.4%
Income tax
38.9
36.0
33.8
+8.1%
Net income
64.4
60.9
57.7
+5.8%
Net margin
11.9%
11.2%
10.8%
Diluted EPS
$1.86
$1.76
$2.50 basic
+5.7%
$ 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
146
131
124
+11.6%
Capital expenditure
98.4
65.2
60.1
+51.0%
Free cash flow
47.6
65.6
64.0
-27.5%
Free cash flow margin
8.8%
12.0%
12.0%
Cash from investing
-101
-66.4
-57.4
Cash from financing
-39.5
-30.4
-64.2
Share-based compensation
1.4
1.4
n/a
0.0%
Dividends paid
36.0
35.0
34.4
+2.6%
Dividend per share
$1.56
$1.52
$1.49
+2.6%
Diluted shares, weighted
23m
23m
23m
0.0%
Shares outstanding at period end
35m
n/a
n/a
Balance sheet
$ million
FY2012
FY2011
FY2010
On the year
Last 8 years
Shareholders' equity
579
551
525
+5.2%
Short-term borrowings
0.0
0.0
n/a
Debt
362
364
359
-0.7%
Other liabilities
646
543
434
+18.8%
Total liabilities and equity
1,587
1,459
1,318
+8.8%
Fixed assets
1,073
962
858
+11.6%
Cash and equivalents
46.4
41.2
7.1
+12.6%
Receivables
41.4
36.7
40.2
+12.6%
Other assets
426
419
413
+1.5%
Total assets
1,587
1,459
1,318
+8.8%
10-K for the year ended 31 December 2012, filed 26 February 2013: the filing.