STMicroelectronics N.V. (STM) annual results, year to 31 December 2008: revenue USD 9,842 million, from the 20-F
STMicroelectronics N.V. files a 20-F with the SEC once a year, in US dollars. In the year to 31 December 2008 it reported revenue of USD 9,842 million, down 1.6% on the year before. Its profit attributable to shareholders was USD -786 million, and diluted earnings per share USD -0.88.
this yearthe year beforeIn US dollars as filed. Hover a bar for its figure.
Income statement (profit and loss)
| Year to | Dec 2007 | Dec 2008 |
|---|---|---|
| Revenue | 10,001 | 9,842 |
| Cost of sales | 6,465 | 6,282 |
| Gross profit | 3,536 | 3,560 |
| Research and development | 1,802 | 2,152 |
| Selling, general and administrative | 1,099 | 1,187 |
| Operating profit | -545 | -198 |
| Income tax | -23.0 | -43.0 |
| Profit for the year | -471 | -780 |
| Profit attributable to shareholders | -477 | -786 |
| Filing | 20-F | 20-F |
USD million, from the 20-F on the SEC's EDGAR, linked in the last row, on the US GAAP tags the company filed.
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A line the company does not file under the standard tag is left out rather than estimated.USD per ordinary share, as filed.
Cash flow
| Year to | Dec 2007 | Dec 2008 |
|---|---|---|
| Cash from operations | 2,188 | 1,722 |
| Purchase of property, plant and equipment | 1,140 | 983 |
| Free cash flow | 1,048 | 739 |
| Cash from investing | -1,737 | -2,417 |
| Cash from financing | -296 | -67.0 |
| Depreciation and amortisation | 1,413 | 1,366 |
| Buybacks | n/a | 313 |
| Dividends paid | 269 | 240 |
| Filing | 20-F | 20-F |
USD million. Free cash flow is cash from operations less the purchase of property, plant and equipment, arithmetic on the two filed lines.
Balance sheet
| Year to | Dec 2007 | Dec 2008 |
|---|---|---|
| Funded by | ||
| Equity attributable to shareholders | 9,626 | 8,156 |
| Non-controlling interests | n/a | 276 |
| Other liabilities | n/a | 5,481 |
| Total equity and liabilities | n/a | 13,913 |
| Owned | ||
| Property, plant and equipment | n/a | 4,739 |
| Goodwill | n/a | 958 |
| Cash and cash equivalents | 1,855 | 1,009 |
| Trade and other receivables | n/a | 1,064 |
| Inventories | n/a | 1,840 |
| Other assets | n/a | 4,303 |
| Total assets | n/a | 13,913 |
| Filing | 20-F | 20-F |
USD million, at each fiscal year end.
Ratios on the filed lines
| Year to | Dec 2007 | Dec 2008 |
|---|---|---|
| Gross margin | 35.4% | 36.2% |
| Operating margin | -5.4% | -2.0% |
| Net margin | -4.8% | -8.0% |
| Free cash flow margin | 10.5% | 7.5% |
| Return on year-end equity | -5.0% | -9.6% |
| Filing | 20-F | 20-F |
Arithmetic on the filed lines of the same year.
20-F for the year to 31 December 2008, filed 7 March 2011: the filing. The figures are in US dollars as filed.