APC FY 2012 Earnings Report — ARKO Petroleum Corp. Class A Common Stock Revenue & Financial Results | Market Cap Arena

ARKO Petroleum Corp. Class A Common StockAPC

FY 2012 Earnings

Reported February 19, 2013

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2012	Prior Q	FY 2011	QoQ Change	YoY Change
Revenue	$13.4B	—	$14.0B	—	-4.0%
Op. Income	$3.7B	—	-$1.9B	—	299.3%
Gross Margin	100.0%	—	100.0%	—	0.0pp
Net Margin	17.8%	—	-19.0%	—	36.8pp
EPS (Diluted)	$4.76	—	$-5.32	—	189.5%
Free Cash Flow	$1.1B	—	-$3.1B	—	134.9%

Revenue Flow

Item	Amount
REVENUE	$13.4B
Cost of Revenue	$0
GROSS PROFIT	$13.4B
R&D Expenses	$1.9B
Selling & Marketing	$911M
General & Administrative	$335M
SG&A Expenses	$1.2B
Other Expenses	$1.7B
Operating Expenses	$4.9B
Cost & Expenses	$9.7B
OPERATING INCOME	$3.7B
Interest Income	$0
Interest Expense	$742M
Other Income/Expenses	-$162M
INCOME BEFORE TAX	$3.6B
Income Tax Expense	$1.1B
Net Income from Continuing Ops	$2.4B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$2.4B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$2.4B
D&A	$4.0B
EBIT	$4.3B
EBITDA	$8.2B
EPS	$5
EPS Diluted	$5

Income Statement

Item	Amount
REVENUE	$13.4B
Cost of Revenue	$0
GROSS PROFIT	$13.4B
R&D Expenses	$1.9B
Selling & Marketing	$911M
General & Administrative	$335M
SG&A Expenses	$1.2B
Other Expenses	$1.7B
Operating Expenses	$4.9B
Cost & Expenses	$9.7B
OPERATING INCOME	$3.7B
Interest Income	$0
Interest Expense	$742M
Other Income/Expenses	-$162M
INCOME BEFORE TAX	$3.6B
Income Tax Expense	$1.1B
Net Income from Continuing Ops	$2.4B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$2.4B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$2.4B
D&A	$4.0B
EBIT	$4.3B
EBITDA	$8.2B
EPS	$5
EPS Diluted	$5

Cash Flow Statement

Item	Amount
Net Income	$2.4B
Depreciation & Amortization	$4.0B
Stock-Based Compensation	$320M
Deferred Income Tax	-$159M
Other Non-Cash Items	$1.1B
Change in Working Capital	$769M
OPERATING CASH FLOW	$8.3B
Capital Expenditure	-$7.2B
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$373M
NET CASH FROM INVESTING	-$6.9B
Net Debt Issuance	$0
Common Stock Repurchased	-$2.5B
Common Dividends Paid	-$181M
Other Financing Activities	-$1.5B
NET CASH FROM FINANCING	-$1.7B
FREE CASH FLOW	$1.1B
Net Change in Cash	-$226M

Balance Sheet

Item	Amount
Cash & Equivalents	$2.5B
Short-Term Investments	$0
Net Receivables	$1.5B
Inventory	$0
Other Current Assets	$2.9B
TOTAL CURRENT ASSETS	$6.8B
PP&E (Net)	$38.4B
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$0
Tax Assets	$1.8B
Other Non-Current Assets	$5.6B
TOTAL NON-CURRENT ASSETS	$45.8B
TOTAL ASSETS	$52.6B
Account Payables	$3.0B
Short-Term Debt	$38M
Deferred Revenue	$8.8B
Other Current Liabilities	-$7.8B
TOTAL CURRENT LIABILITIES	$4.0B
Long-Term Debt	$13.3B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$8.8B
Other Non-Current Liabilities	$3.1B
TOTAL NON-CURRENT LIABILITIES	$25.1B
TOTAL LIABILITIES	$32.0B
Common Stock	$51M
Additional Paid-In Capital	$0
Retained Earnings	$13.8B
Treasury Stock	$0
Accum. Other Comp. Income	-$640M
Other Equity	$7.4B
TOTAL STOCKHOLDERS' EQUITY	$20.6B
Minority Interest	$0
TOTAL EQUITY	$20.6B
TOTAL LIABILITIES & EQUITY	$52.6B
Total Debt	$13.3B
Net Debt	$10.8B