Unitil (UTL) FY2012 results: revenue $353 million, up 0.1% on the year
Unitil Corp. (UTL) reported revenue of $353 million for fiscal 2012, the year ended 31 December 2012, up 0.1% on the year before. Net income was $18 million, up 11.0%, and diluted earnings per share $1.43. The figures are the company's own, from the 10-K it filed with the SEC on 30 January 2013.
Revenue
$353 million
+0.1% on the year
FY2008FY2012
Operating margin
13.5%
13.4% a year earlier
FY2008FY2012
Net income
$18 million
+11.0% on the year
FY2008FY2012
Diluted EPS
$1.43
-4.7% on the year
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
353
353
358
+0.1%
Operating income
47.5
47.2
28.0
+0.6%
Operating margin
13.5%
13.4%
7.8%
Interest expense
22.3
22.0
22.1
+1.4%
Pre-tax income
29.2
n/a
n/a
Income tax
11.0
10.0
4.5
+9.5%
Effective tax rate
37.6%
n/a
n/a
Net income
18.2
16.4
9.6
+11.0%
Net margin
5.2%
4.6%
2.7%
Diluted EPS
$1.43
$1.50
$0.88
-4.7%
$ 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
66.7
45.9
25.9
+45.3%
Capital expenditure
68.5
57.1
49.6
+20.0%
Free cash flow
-1.8
-11.2
-23.7
Free cash flow margin
-0.5%
-3.2%
-6.6%
Cash from investing
-68.5
-57.1
-49.6
Cash from financing
4.1
9.8
24.9
-58.2%
Dividends paid
17.2
15.2
15.0
+13.2%
Dividend per share
$1.38
$1.38
$1.38
0.0%
Diluted shares, weighted
13m
11m
11m
+16.4%
Shares outstanding at period end
14m
11m
n/a
+25.8%
Balance sheet
$ million
FY2012
FY2011
FY2010
On the year
Last 8 years
Shareholders' equity
260
192
189
+35.8%
Redeemable equity
0.0
n/a
n/a
Short-term borrowings
n/a
87.9
66.8
Debt
337
288
289
+17.0%
Other liabilities
295
288
256
+2.3%
Total liabilities and equity
892
856
800
+4.2%
Cash and equivalents
9.8
7.5
8.9
+30.7%
Receivables
47.7
44.2
36.9
+7.9%
Other assets
835
804
755
+3.8%
Total assets
892
856
800
+4.2%
10-K for the year ended 31 December 2012, filed 30 January 2013: the filing.