NextEra Energy (NEE) FY2012 results: revenue $14.3 billion, down 7.1% on the year
NextEra Energy Inc. (NEE) reported revenue of $14.3 billion for fiscal 2012, the year ended 31 December 2012, down 7.1% on the year before. Net income was $1.9 billion, down 0.6%, and diluted earnings per share $1.14. The figures are the company's own, from the 10-K it filed with the SEC on 28 February 2013.
Revenue
$14.3 billion
-7.1% on the year
FY2007FY2012
Operating margin
23.0%
21.3% a year earlier
FY2007FY2012
Net income
$1.9 billion
-0.6% on the year
FY2007FY2012
Diluted EPS
$1.14
-0.7% on the year
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
14,256
15,341
15,317
-7.1%
Operating income
3,276
3,261
3,227
+0.5%
Operating margin
23.0%
21.3%
21.1%
Pre-tax income
2,603
2,452
2,489
+6.2%
Income tax
692
529
532
+30.8%
Effective tax rate
26.6%
21.6%
21.4%
Net income
1,911
1,923
1,957
-0.6%
Net margin
13.4%
12.5%
12.8%
Diluted EPS
$1.14
$1.15
$1.19
-0.7%
$ 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
3,992
4,074
3,834
-2.0%
Cash from investing
-8,928
-5,279
-5,284
Cash from financing
4,888
1,280
1,514
+281.9%
Depreciation and amortisation
1,518
1,567
1,788
-3.1%
Share-based compensation
57.0
49.0
57.0
+16.3%
Buybacks
19.0
375
0.0
-94.9%
Dividends paid
1,004
920
823
+9.1%
Dividend per share
$0.60
$0.55
$0.50
+9.1%
Diluted shares, weighted
1,677m
1,676m
1,652m
+0.0%
Shares outstanding at period end
1,696m
1,664m
1,684m
+1.9%
Balance sheet
$ million
FY2012
FY2011
FY2010
On the year
Last 8 years
Shareholders' equity
16,068
14,943
14,461
+7.5%
Debt
27,359
22,967
20,822
+19.1%
Other liabilities
21,012
19,278
17,711
+9.0%
Total liabilities and equity
64,439
57,188
52,994
+12.7%
Fixed assets
49,413
42,490
39,075
+16.3%
Goodwill
151
147
117
+2.7%
Intangible assets
96.0
115
277
-16.5%
Cash and equivalents
438
329
377
+33.1%
Receivables
1,487
1,372
1,509
+8.4%
Inventory
1,073
1,074
857
-0.1%
Other assets
11,781
11,661
10,782
+1.0%
Total assets
64,439
57,188
52,994
+12.7%
10-K for the year ended 31 December 2012, filed 28 February 2013: the filing.