ASML FY 2013 Earnings Report — ASML Holding N.V. Revenue & Financial Results | Market Cap Arena

ASML Holding N.V.ASML

FY 2013 Earnings

Reported December 30, 2013

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2013	Prior Q	FY 2012	QoQ Change	YoY Change
Revenue	$6.1B	—	—	—	—
Op. Income	$1.2B	—	—	—	—
Gross Margin	41.5%	—	—	—	—
Net Margin	19.4%	—	—	—	—
EPS (Diluted)	$2.74	—	—	—	—
Free Cash Flow	$986M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$6.1B
Cost of Revenue	$3.6B
GROSS PROFIT	$2.5B
R&D Expenses	$1.0B
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$364M
Other Expenses	-$75M
Operating Expenses	$1.3B
Cost & Expenses	$4.9B
OPERATING INCOME	$1.2B
Interest Income	$11M
Interest Expense	$39M
Other Income/Expenses	-$29M
INCOME BEFORE TAX	$1.2B
Income Tax Expense	$9M
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	$267M
EBIT	$1.1B
EBITDA	$1.4B
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$6.1B
Cost of Revenue	$3.6B
GROSS PROFIT	$2.5B
R&D Expenses	$1.0B
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$364M
Other Expenses	-$75M
Operating Expenses	$1.3B
Cost & Expenses	$4.9B
OPERATING INCOME	$1.2B
Interest Income	$11M
Interest Expense	$39M
Other Income/Expenses	-$29M
INCOME BEFORE TAX	$1.2B
Income Tax Expense	$9M
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	$267M
EBIT	$1.1B
EBITDA	$1.4B
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$1.2B
Depreciation & Amortization	$263M
Stock-Based Compensation	$0
Deferred Income Tax	-$26M
Other Non-Cash Items	$279M
Change in Working Capital	-$470M
OPERATING CASH FLOW	$1.2B
Capital Expenditure	-$246M
Acquisitions (Net)	-$519M
Purchases of Investments	-$1.1B
Sales/Maturities of Investments	$1.4B
Other Investing Activities	$0
NET CASH FROM INVESTING	-$431M
Net Debt Issuance	-$5M
Common Stock Repurchased	-$351M
Common Dividends Paid	-$253M
Other Financing Activities	$439M
NET CASH FROM FINANCING	-$132M
FREE CASH FLOW	$986M
Net Change in Cash	$776M

Balance Sheet

Item	Amount
Cash & Equivalents	$2.8B
Short-Term Investments	$825M
Net Receivables	$1.7B
Inventory	$3.0B
Other Current Assets	$50M
TOTAL CURRENT ASSETS	$8.5B
PP&E (Net)	$1.5B
Goodwill	$2.5B
Intangible Assets	$847M
Long-Term Investments	$100M
Tax Assets	$169M
Other Non-Current Assets	$318M
TOTAL NON-CURRENT ASSETS	$5.4B
TOTAL ASSETS	$14.0B
Account Payables	$759M
Short-Term Debt	$5M
Deferred Revenue	$0
Other Current Liabilities	$2.7B
TOTAL CURRENT LIABILITIES	$3.5B
Long-Term Debt	$1.3B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$443M
Other Non-Current Liabilities	$349M
TOTAL NON-CURRENT LIABILITIES	$2.1B
TOTAL LIABILITIES	$5.6B
Common Stock	$49M
Additional Paid-In Capital	$3.5B
Retained Earnings	$5.3B
Treasury Stock	-$443M
Accum. Other Comp. Income	-$51M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$8.4B
Minority Interest	$0
TOTAL EQUITY	$8.4B
TOTAL LIABILITIES & EQUITY	$14.0B
Total Debt	$1.3B
Net Debt	-$1.5B