AMKR FY 2007 Earnings Report — Amkor Technology, Inc. Revenue & Financial Results | Market Cap Arena

Amkor Technology, Inc.AMKR

FY 2007 Earnings

Reported February 25, 2008

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2007	Prior Q	FY 2006	QoQ Change	YoY Change
Revenue	$2.7B	—	$2.7B	—	0.4%
Op. Income	$391M	—	$385M	—	1.5%
Gross Margin	24.9%	—	24.7%	—	0.2pp
Net Margin	8.0%	—	6.2%	—	1.8pp
EPS (Diluted)	$1.11	—	$0.90	—	23.3%
Free Cash Flow	$367M	—	$208M	—	76.7%

Revenue Flow

Item	Amount
REVENUE	$2.7B
Cost of Revenue	$2.1B
GROSS PROFIT	$682M
R&D Expenses	$42M
Selling & Marketing	$0
General & Administrative	$251M
SG&A Expenses	$251M
Other Expenses	-$2M
Operating Expenses	$291M
Cost & Expenses	$2.3B
OPERATING INCOME	$391M
Interest Income	$0
Interest Expense	$124M
Other Income/Expenses	-$156M
INCOME BEFORE TAX	$235M
Income Tax Expense	$13M
Net Income from Continuing Ops	$220M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$220M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$220M
D&A	$289M
EBIT	$391M
EBITDA	$391M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$2.7B
Cost of Revenue	$2.1B
GROSS PROFIT	$682M
R&D Expenses	$42M
Selling & Marketing	$0
General & Administrative	$251M
SG&A Expenses	$251M
Other Expenses	-$2M
Operating Expenses	$291M
Cost & Expenses	$2.3B
OPERATING INCOME	$391M
Interest Income	$0
Interest Expense	$124M
Other Income/Expenses	-$156M
INCOME BEFORE TAX	$235M
Income Tax Expense	$13M
Net Income from Continuing Ops	$220M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$220M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$220M
D&A	$289M
EBIT	$391M
EBITDA	$391M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$220M
Depreciation & Amortization	$289M
Stock-Based Compensation	$4M
Deferred Income Tax	-$8M
Other Non-Cash Items	$14M
Change in Working Capital	$84M
OPERATING CASH FLOW	$603M
Capital Expenditure	-$236M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$5M
NET CASH FROM INVESTING	-$231M
Net Debt Issuance	-$242M
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	-$3M
NET CASH FROM FINANCING	-$208M
FREE CASH FLOW	$367M
Net Change in Cash	$165M

Balance Sheet

Item	Amount
Cash & Equivalents	$410M
Short-Term Investments	$0
Net Receivables	$398M
Inventory	$149M
Other Current Assets	$30M
TOTAL CURRENT ASSETS	$987M
PP&E (Net)	$1.5B
Goodwill	$673M
Intangible Assets	$20M
Long-Term Investments	$5M
Tax Assets	$16M
Other Non-Current Assets	$36M
TOTAL NON-CURRENT ASSETS	$2.2B
TOTAL ASSETS	$3.2B
Account Payables	$359M
Short-Term Debt	$152M
Deferred Revenue	$31M
Other Current Liabilities	$56M
TOTAL CURRENT LIABILITIES	$677M
Long-Term Debt	$1.6B
Deferred Revenue NC	$20M
Deferred Tax Liabilities	$2M
Other Non-Current Liabilities	$220M
TOTAL NON-CURRENT LIABILITIES	$1.9B
TOTAL LIABILITIES	$2.5B
Common Stock	$182.0K
Additional Paid-In Capital	$1.5B
Retained Earnings	-$822M
Treasury Stock	$0
Accum. Other Comp. Income	-$6M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$655M
Minority Interest	$7M
TOTAL EQUITY	$662M
TOTAL LIABILITIES & EQUITY	$3.2B
Total Debt	$1.8B
Net Debt	$1.4B