Pursuit Attractions & Hospitality (PRSU) FY2013 results: revenue $953 million, down 5.3% on the year
Pursuit Attractions & Hospitality, Inc. (PRSU) reported revenue of $953 million for fiscal 2013, the year ended 31 December 2013, down 5.3% on the year before. Net income was $22 million, up 265.5%, and diluted earnings per share $1.06. The figures are the company's own, from the 10-K it filed with the SEC on 7 March 2014.
Revenue
$953 million
-5.3% on the year
FY2009FY2013
Operating margin
3.7%
2.9% a year earlier
FY2009FY2013
Net income
$22 million
+265.5% on the year
FY2009FY2013
Diluted EPS
$1.06
+265.5% on the year
FY2009FY2013
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2013
FY2012
FY2011
On the year
Last 8 years
Revenue
953
1,007
942
-5.3%
Cost of revenue
916
968
917
-5.4%
Gross profit
37.1
38.2
25.4
-2.8%
Gross margin
3.9%
3.8%
2.7%
Operating income
35.2
28.8
17.7
+22.1%
Operating margin
3.7%
2.9%
1.9%
Interest expense
1.2
1.3
1.5
-5.3%
Pre-tax income
27.6
23.1
13.2
+19.5%
Income tax
8.3
19.6
3.9
-57.6%
Effective tax rate
30.1%
84.6%
29.5%
Net income
21.6
5.9
9.2
+265.5%
Net margin
2.3%
0.6%
1.0%
Diluted EPS
$1.06
$0.29
$0.45
+265.5%
$ 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
FY2013
FY2012
FY2011
On the year
Last 8 years
Operating cash flow
6.1
69.2
34.7
-91.2%
Capital expenditure
36.1
27.7
21.5
+30.5%
Free cash flow
-30.1
41.5
13.2
Free cash flow margin
-3.2%
4.1%
1.4%
Cash from investing
-22.0
-49.5
-62.2
Cash from financing
-50.4
-8.3
-16.5
Depreciation and amortisation
28.0
30.1
29.1
-7.2%
Share-based compensation
5.2
7.2
4.4
-27.8%
Buybacks
1.3
1.7
5.2
-19.8%
Dividends paid
58.9
4.5
3.2
+1,222.7%
Dividend per share
$2.90
$0.28
$0.16
+935.7%
Diluted shares, weighted
20m
20m
20m
+1.3%
Balance sheet
$ million
FY2013
FY2012
FY2011
On the year
Last 8 years
Shareholders' equity
347
388
378
-10.5%
Non-controlling interest
9.1
9.0
8.3
+1.5%
Debt
22.6
3.6
3.2
+531.7%
Other liabilities
183
250
228
-26.9%
Total liabilities and equity
562
651
618
-13.6%
Fixed assets
190
197
174
-3.5%
Goodwill
130
138
134
-6.0%
Intangible assets
4.5
2.5
1.9
+77.7%
Cash and equivalents
45.8
114
100
-59.9%
Receivables
61.2
62.8
63.6
-2.5%
Inventory
28.0
35.7
35.8
-21.5%
Other assets
103
100
109
+2.2%
Total assets
562
651
618
-13.6%
10-K for the year ended 31 December 2013, filed 7 March 2014: the filing.