T-Mobile US (TMUS) FY2012 results: revenue $19.7 billion, down 4.4% on the year
T-Mobile US, Inc. (TMUS) reported revenue of $19.7 billion for fiscal 2012, the year ended 31 December 2012, down 4.4% on the year before. Net income was -$7.3 billion, and diluted earnings per share $-13.70. The figures are the company's own, from the 10-K it filed with the SEC on 25 February 2014.
Revenue
$19.7 billion
-4.4% on the year
FY2008FY2012
Operating margin
-32.4%
-20.8% a year earlier
FY2008FY2012
Net income
-$7.3 billion
FY2008FY2012
Diluted EPS
-$13.70
FY2008FY2012
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
19,719
20,618
4,069
-4.4%
Cost of revenue
2,930
2,913
2,318
+0.6%
Gross profit
16,789
17,705
1,751
-5.2%
Gross margin
85.1%
85.9%
43.0%
Selling, general and administrative
6,796
6,728
622
+1.0%
Operating income
-6,397
-4,279
719
Operating margin
-32.4%
-20.8%
17.7%
Interest expense
0.0
0.0
263
Pre-tax income
-6,986
-4,934
312
Income tax
350
-216
119
Effective tax rate
n/a
n/a
38.1%
Net income
-7,336
-4,718
193
Net margin
-37.2%
-22.9%
4.8%
Diluted EPS
-$13.70
-$8.81
$0.54
$ 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
3,862
4,980
994
-22.4%
Capital expenditure
2,901
2,729
790
+6.3%
Free cash flow
961
2,251
204
-57.3%
Free cash flow margin
4.9%
10.9%
5.0%
Cash from investing
-3,915
-4,699
-950
Cash from financing
57.0
0.0
-177
Depreciation and amortisation
3,187
2,982
450
+6.9%
Share-based compensation
0.0
0.0
46.5
Buybacks
4.3
4.9
1.9
-12.0%
Diluted shares, weighted
535m
535m
356m
0.0%
Shares outstanding at period end
364m
n/a
n/a
Balance sheet
$ million
FY2012
FY2011
FY2010
On the year
Last 8 years
Shareholders' equity
6,115
n/a
n/a
Debt
4,761
n/a
n/a
Other liabilities
22,746
n/a
n/a
Total liabilities and equity
33,622
n/a
n/a
Fixed assets
12,807
n/a
n/a
Goodwill
0.0
n/a
n/a
Intangible assets
79.0
n/a
n/a
Investments
245
300
392
-18.3%
Cash and equivalents
394
n/a
n/a
Receivables
2,678
n/a
n/a
Inventory
457
n/a
n/a
Other assets
16,962
n/a
3,701
Total assets
33,622
n/a
n/a
10-K for the year ended 31 December 2012, filed 25 February 2014: the filing.