ASML FY 2010 Earnings Report — ASML Holding N.V. Revenue & Financial Results | Market Cap Arena

ASML Holding N.V.ASML

FY 2010 Earnings

Reported December 30, 2010

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	$5.3B	—	—	—	—
Op. Income	$1.5B	—	—	—	—
Gross Margin	43.4%	—	—	—	—
Net Margin	22.7%	—	—	—	—
EPS (Diluted)	$3.53	—	—	—	—
Free Cash Flow	$946M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$5.3B
Cost of Revenue	$3.0B
GROSS PROFIT	$2.3B
R&D Expenses	$612M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$212M
Other Expenses	$0
Operating Expenses	$824M
Cost & Expenses	$3.8B
OPERATING INCOME	$1.5B
Interest Income	$18M
Interest Expense	$27M
Other Income/Expenses	-$10M
INCOME BEFORE TAX	$1.5B
Income Tax Expense	$258M
Net Income from Continuing Ops	$1.2B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.2B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.2B
D&A	$177M
EBIT	$1.5B
EBITDA	$1.7B
EPS	$4
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$5.3B
Cost of Revenue	$3.0B
GROSS PROFIT	$2.3B
R&D Expenses	$612M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$212M
Other Expenses	$0
Operating Expenses	$824M
Cost & Expenses	$3.8B
OPERATING INCOME	$1.5B
Interest Income	$18M
Interest Expense	$27M
Other Income/Expenses	-$10M
INCOME BEFORE TAX	$1.5B
Income Tax Expense	$258M
Net Income from Continuing Ops	$1.2B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.2B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.2B
D&A	$177M
EBIT	$1.5B
EBITDA	$1.7B
EPS	$4
EPS Diluted	$4

Cash Flow Statement

Item	Amount
Net Income	$1.2B
Depreciation & Amortization	$175M
Stock-Based Compensation	$0
Deferred Income Tax	$33M
Other Non-Cash Items	$93M
Change in Working Capital	-$396M
OPERATING CASH FLOW	$1.1B
Capital Expenditure	-$150M
Acquisitions (Net)	$4M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$0
NET CASH FROM INVESTING	-$146M
Net Debt Issuance	-$2M
Common Stock Repurchased	$0
Common Dividends Paid	-$101M
Other Financing Activities	$175M
NET CASH FROM FINANCING	$108M
FREE CASH FLOW	$946M
Net Change in Cash	$994M

Balance Sheet

Item	Amount
Cash & Equivalents	$2.3B
Short-Term Investments	$0
Net Receivables	$1.6B
Inventory	$1.8B
Other Current Assets	$30M
TOTAL CURRENT ASSETS	$5.8B
PP&E (Net)	$881M
Goodwill	$167M
Intangible Assets	$16M
Long-Term Investments	$119M
Tax Assets	$84M
Other Non-Current Assets	$194M
TOTAL NON-CURRENT ASSETS	$1.5B
TOTAL ASSETS	$7.3B
Account Payables	$657M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$1.8B
TOTAL CURRENT LIABILITIES	$2.5B
Long-Term Debt	$840M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$184M
Other Non-Current Liabilities	$455M
TOTAL NON-CURRENT LIABILITIES	$1.5B
TOTAL LIABILITIES	$4.0B
Common Stock	$46M
Additional Paid-In Capital	$557M
Retained Earnings	$2.8B
Treasury Stock	-$179M
Accum. Other Comp. Income	$57M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$3.3B
Minority Interest	$0
TOTAL EQUITY	$3.3B
TOTAL LIABILITIES & EQUITY	$7.3B
Total Debt	$840M
Net Debt	-$1.5B