AMKR FY 2010 Earnings Report — Amkor Technology, Inc. Revenue & Financial Results | Market Cap Arena

Amkor Technology, Inc.AMKR

FY 2010 Earnings

Reported February 24, 2011

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2010	Prior Q	FY 2009	QoQ Change	YoY Change
Revenue	$2.9B	—	$2.2B	—	34.9%
Op. Income	$374M	—	$225M	—	65.9%
Gross Margin	22.6%	—	22.0%	—	0.5pp
Net Margin	7.9%	—	7.2%	—	0.7pp
EPS (Diluted)	$0.91	—	$0.67	—	35.8%
Free Cash Flow	$97M	—	$44M	—	122.6%

Revenue Flow

Item	Amount
REVENUE	$2.9B
Cost of Revenue	$2.3B
GROSS PROFIT	$664M
R&D Expenses	$48M
Selling & Marketing	$0
General & Administrative	$242M
SG&A Expenses	$242M
Other Expenses	$0
Operating Expenses	$290M
Cost & Expenses	$2.6B
OPERATING INCOME	$374M
Interest Income	$3M
Interest Expense	$101M
Other Income/Expenses	-$123M
INCOME BEFORE TAX	$251M
Income Tax Expense	$19M
Net Income from Continuing Ops	$232M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$232M
Net Income Deductions	$23M
BOTTOM LINE NET INCOME	$256M
D&A	$324M
EBIT	$352M
EBITDA	$676M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$2.9B
Cost of Revenue	$2.3B
GROSS PROFIT	$664M
R&D Expenses	$48M
Selling & Marketing	$0
General & Administrative	$242M
SG&A Expenses	$242M
Other Expenses	$0
Operating Expenses	$290M
Cost & Expenses	$2.6B
OPERATING INCOME	$374M
Interest Income	$3M
Interest Expense	$101M
Other Income/Expenses	-$123M
INCOME BEFORE TAX	$251M
Income Tax Expense	$19M
Net Income from Continuing Ops	$232M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$232M
Net Income Deductions	$23M
BOTTOM LINE NET INCOME	$256M
D&A	$324M
EBIT	$352M
EBITDA	$676M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$232M
Depreciation & Amortization	$324M
Stock-Based Compensation	$4M
Deferred Income Tax	$5M
Other Non-Cash Items	$14M
Change in Working Capital	-$35M
OPERATING CASH FLOW	$543M
Capital Expenditure	-$446M
Acquisitions (Net)	$13M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$13M
NET CASH FROM INVESTING	-$445M
Net Debt Issuance	-$91M
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$1M
NET CASH FROM FINANCING	-$90M
FREE CASH FLOW	$97M
Net Change in Cash	$10M

Balance Sheet

Item	Amount
Cash & Equivalents	$405M
Short-Term Investments	$0
Net Receivables	$410M
Inventory	$191M
Other Current Assets	$56M
TOTAL CURRENT ASSETS	$1.1B
PP&E (Net)	$1.5B
Goodwill	$0
Intangible Assets	$14M
Long-Term Investments	$30M
Tax Assets	$43M
Other Non-Current Assets	$51M
TOTAL NON-CURRENT ASSETS	$1.7B
TOTAL ASSETS	$2.7B
Account Payables	$443M
Short-Term Debt	$150M
Deferred Revenue	$34M
Other Current Liabilities	$59M
TOTAL CURRENT LIABILITIES	$772M
Long-Term Debt	$1.2B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$3M
Other Non-Current Liabilities	$111M
TOTAL NON-CURRENT LIABILITIES	$1.3B
TOTAL LIABILITIES	$2.1B
Common Stock	$183.0K
Additional Paid-In Capital	$1.5B
Retained Earnings	-$890M
Treasury Stock	-$284.0K
Accum. Other Comp. Income	$15M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$630M
Minority Interest	$7M
TOTAL EQUITY	$637M
TOTAL LIABILITIES & EQUITY	$2.7B
Total Debt	$1.4B
Net Debt	$1.4B