Unum Group (UNM) FY2011 results: revenue $10.3 billion, up 0.8% on the year
Unum Group (UNM) reported revenue of $10.3 billion for fiscal 2011, the year ended 31 December 2011, up 0.8% on the year before. Net income was $284 million, down 67.7%, and diluted earnings per share $0.94. The figures are the company's own, from the 10-K it filed with the SEC on 24 February 2012.
Revenue
$10.3 billion
+0.8% on the year
FY2007FY2011
Operating margin
12.9%
13.0% a year earlier
FY2007FY2011
Net income
$284 million
-67.7% on the year
FY2007FY2011
Diluted EPS
$0.94
-65.1% on the year
FY2007FY2011
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2011
FY2010
FY2009
On the year
Last 8 years
Revenue
10,278
10,193
10,091
+0.8%
Operating income
1,323
1,327
1,281
-0.3%
Operating margin
12.9%
13.0%
12.7%
Interest expense
n/a
142
125
Pre-tax income
333
1,320
1,292
-74.7%
Income tax
49.1
441
440
-88.9%
Effective tax rate
14.7%
33.4%
34.0%
Net income
284
879
853
-67.7%
Net margin
2.8%
8.6%
8.4%
Diluted EPS
$0.94
$2.69
$2.57
-65.1%
$ 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
FY2011
FY2010
FY2009
On the year
Last 8 years
Operating cash flow
1,194
1,197
1,237
-0.3%
Capital expenditure
98.2
n/a
n/a
Free cash flow
1,096
n/a
n/a
Free cash flow margin
10.7%
n/a
n/a
Cash from investing
-410
-1,074
-1,214
Cash from financing
-720
-141
-1.5
Depreciation and amortisation
455
458
610
-0.7%
Share-based compensation
23.5
25.2
33.9
-6.7%
Buybacks
620
356
0.0
+74.1%
Dividends paid
121
115
104
+5.4%
Diluted shares, weighted
304m
327m
332m
-7.2%
Balance sheet
$ million
FY2011
FY2010
FY2009
On the year
Last 8 years
Shareholders' equity
8,170
8,485
8,500
-3.7%
Debt
2,882
2,856
2,550
+0.9%
Other liabilities
48,503
45,966
43,427
+5.5%
Total liabilities and equity
59,555
57,308
54,477
+3.9%
Fixed assets
493
477
444
+3.5%
Goodwill
201
201
202
0.0%
Investments
1,424
n/a
n/a
Cash and equivalents
117
53.6
71.6
+117.5%
Other assets
57,321
56,576
53,760
+1.3%
Total assets
59,555
57,308
54,477
+3.9%
10-K for the year ended 31 December 2011, filed 24 February 2012: the filing.