Prudential Financial (PRU) FY2012 results: revenue $84.8 billion, up 72.9% on the year
Prudential Financial Inc. (PRU) reported revenue of $84.8 billion for fiscal 2012, the year ended 31 December 2012, up 72.9% on the year before. Net income was $520 million, down 85.7%. The figures are the company's own, from the 10-K it filed with the SEC on 22 February 2013.
Revenue
$84.8 billion
+72.9% on the year
FY2007FY2012
Operating margin
0.8%
10.0% a year earlier
FY2007FY2012
Net income
$520 million
-85.7% on the year
FY2007FY2012
Diluted EPS
n/a
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
84,815
49,045
38,217
+72.9%
Operating income
676
4,924
4,140
-86.3%
Operating margin
0.8%
10.0%
10.8%
Interest expense
n/a
n/a
1,197
Income tax
213
1,515
1,243
-85.9%
Net income
520
3,632
3,001
-85.7%
Net margin
0.6%
7.4%
7.9%
$ 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
20,909
12,377
6,542
+68.9%
Cash from investing
-15,420
-13,295
-8,522
Cash from financing
-1,305
2,099
1,613
Depreciation and amortisation
302
290
-104
+4.1%
Share-based compensation
155
141
134
+9.9%
Buybacks
650
999
0.0
-34.9%
Dividends paid
768
704
575
+9.1%
Balance sheet
$ million
FY2012
FY2011
FY2010
On the year
Last 8 years
Shareholders' equity
38,575
34,253
32,415
+12.6%
Non-controlling interest
609
588
513
+3.6%
Debt
24,729
24,622
23,653
+0.4%
Other liabilities
645,385
560,781
483,273
+15.1%
Total liabilities and equity
709,298
620,244
539,854
+14.4%
Goodwill
873
888
707
-1.7%
Intangible assets
311
335
352
-7.2%
Securities held for sale or to maturity
305,604
259,755
200,209
+17.7%
Cash and equivalents
18,100
14,251
12,915
+27.0%
Other assets
384,410
345,015
325,671
+11.4%
Total assets
709,298
620,244
539,854
+14.4%
10-K for the year ended 31 December 2012, filed 22 February 2013: the filing.