NextEra Energy (NEE) FY2011 results: revenue $15.3 billion, up 0.2% on the year
NextEra Energy Inc. (NEE) reported revenue of $15.3 billion for fiscal 2011, the year ended 31 December 2011, up 0.2% on the year before. Net income was $1.9 billion, down 1.7%, and diluted earnings per share $1.15. The figures are the company's own, from the 10-K it filed with the SEC on 24 February 2014.
Revenue
$15.3 billion
+0.2% on the year
FY2007FY2011
Operating margin
21.3%
21.1% a year earlier
FY2007FY2011
Net income
$1.9 billion
-1.7% on the year
FY2007FY2011
Diluted EPS
$1.15
-3.2% on the year
FY2007FY2011
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2011
FY2010
FY2009
On the year
Last 8 years
Revenue
15,341
15,317
15,643
+0.2%
Operating income
3,261
3,227
2,594
+1.1%
Operating margin
21.3%
21.1%
16.6%
Pre-tax income
2,452
2,489
1,942
-1.5%
Income tax
529
532
327
-0.6%
Effective tax rate
21.6%
21.4%
16.8%
Net income
1,923
1,957
1,615
-1.7%
Net margin
12.5%
12.8%
10.3%
Diluted EPS
$1.15
$1.19
$0.99
-3.2%
$ 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
FY2011
FY2010
FY2009
On the year
Last 8 years
Operating cash flow
4,074
3,834
4,463
+6.3%
Cash from investing
-5,279
-5,284
-5,935
Cash from financing
1,280
1,514
1,175
-15.5%
Depreciation and amortisation
1,567
1,788
1,765
-12.4%
Share-based compensation
49.0
57.0
51.0
-14.0%
Buybacks
375
0.0
0.0
Dividends paid
920
823
766
+11.8%
Dividend per share
$0.55
$0.50
$0.47
+10.0%
Diluted shares, weighted
1,676m
1,652m
1,629m
+1.5%
Shares outstanding at period end
1,664m
1,684m
n/a
-1.2%
Balance sheet
$ million
FY2011
FY2010
FY2009
On the year
Last 8 years
Shareholders' equity
14,943
14,461
12,967
+3.3%
Debt
22,967
20,822
16,869
+10.3%
Other liabilities
19,278
17,711
18,622
+8.8%
Total liabilities and equity
57,188
52,994
48,458
+7.9%
Fixed assets
42,490
39,075
36,078
+8.7%
Goodwill
147
117
113
+25.6%
Intangible assets
115
277
253
-58.5%
Cash and equivalents
329
377
238
-12.7%
Receivables
1,372
1,509
1,431
-9.1%
Inventory
1,074
857
n/a
+25.3%
Other assets
11,661
10,782
10,345
+8.2%
Total assets
57,188
52,994
48,458
+7.9%
10-K for the year ended 31 December 2011, filed 24 February 2014: the filing.