Omnicom Group (OMC) FY2012 results: revenue $14.2 billion, up 2.5% on the year
Omnicom Group Inc. (OMC) reported revenue of $14.2 billion for fiscal 2012, the year ended 31 December 2012, up 2.5% on the year before. Net income was $998 million, up 4.8%, and diluted earnings per share $3.61. The figures are the company's own, from the 10-K it filed with the SEC on 19 February 2013.
Revenue
$14.2 billion
+2.5% on the year
FY2007FY2012
Operating margin
12.7%
12.0% a year earlier
FY2007FY2012
Net income
$998 million
+4.8% on the year
FY2007FY2012
Diluted EPS
$3.61
+8.4% 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
14,219
13,872
12,542
+2.5%
Operating income
1,804
1,671
1,460
+8.0%
Operating margin
12.7%
12.0%
11.6%
Interest expense
180
158
135
+13.7%
Pre-tax income
1,660
1,549
1,350
+7.1%
Income tax
527
506
460
+4.2%
Effective tax rate
31.8%
32.7%
34.1%
Net income
998
953
828
+4.8%
Net margin
7.0%
6.9%
6.6%
Diluted EPS
$3.61
$3.33
$2.70
+8.4%
$ 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
1,451
1,315
1,488
+10.3%
Capital expenditure
226
186
154
+22.0%
Free cash flow
1,225
1,130
1,334
+8.4%
Free cash flow margin
8.6%
8.1%
10.6%
Cash from investing
-350
-575
-294
Cash from financing
-220
-1,206
-537
Depreciation and amortisation
283
274
253
+3.3%
Share-based compensation
80.8
74.5
69.3
+8.5%
Buybacks
1,136
849
1,296
+33.9%
Dividends paid
398
269
230
+47.8%
Dividend per share
$1.20
$1.00
$0.80
+20.0%
Diluted shares, weighted
270m
283m
304m
-4.7%
Shares outstanding at period end
262m
273m
286m
-4.2%
Balance sheet
$ million
FY2012
FY2011
FY2010
On the year
Last 8 years
Shareholders' equity
3,461
3,504
3,580
-1.2%
Non-controlling interest
496
476
313
+4.2%
Short-term borrowings
n/a
n/a
50.2
Debt
4,455
3,193
2,465
+39.5%
Other liabilities
13,740
13,332
13,158
+3.1%
Total liabilities and equity
22,152
20,505
19,566
+8.0%
Fixed assets
724
683
653
+6.0%
Goodwill
8,844
8,456
7,809
+4.6%
Intangible assets
456
468
278
-2.6%
Investments
20.6
23.8
11.3
-13.4%
Cash and equivalents
2,678
1,781
2,289
+50.4%
Receivables
6,958
6,632
5,977
+4.9%
Other assets
2,471
2,461
2,548
+0.4%
Total assets
22,152
20,505
19,566
+8.0%
10-K for the year ended 31 December 2012, filed 19 February 2013: the filing.