AUBN FY 2012 Earnings Report — Auburn National Bancorporation, Inc. Revenue & Financial Results | Market Cap Arena

Auburn National Bancorporation, Inc.AUBN

FY 2012 Earnings

Reported March 22, 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	$40M	—	$36M	—	10.2%
Op. Income	$8M	—	$6M	—	46.2%
Gross Margin	69.7%	—	61.2%	—	8.5pp
Net Margin	17.1%	—	15.4%	—	1.7pp
EPS (Diluted)	$1.86	—	$1.52	—	22.4%
Free Cash Flow	$14M	—	$13M	—	7.9%

Revenue Flow

Item	Amount
REVENUE	$40M
Cost of Revenue	$12M
GROSS PROFIT	$28M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$9M
SG&A Expenses	$9M
Other Expenses	$10M
Operating Expenses	$19M
Cost & Expenses	$31M
OPERATING INCOME	$8M
Interest Income	$29M
Interest Expense	$8M
Other Income/Expenses	$0
INCOME BEFORE TAX	$8M
Income Tax Expense	$1M
Net Income from Continuing Ops	$7M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$7M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$7M
D&A	$837.0K
EBIT	$8M
EBITDA	$9M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$40M
Cost of Revenue	$12M
GROSS PROFIT	$28M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$9M
SG&A Expenses	$9M
Other Expenses	$10M
Operating Expenses	$19M
Cost & Expenses	$31M
OPERATING INCOME	$8M
Interest Income	$29M
Interest Expense	$8M
Other Income/Expenses	$0
INCOME BEFORE TAX	$8M
Income Tax Expense	$1M
Net Income from Continuing Ops	$7M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$7M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$7M
D&A	$837.0K
EBIT	$8M
EBITDA	$9M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$7M
Depreciation & Amortization	$837.0K
Stock-Based Compensation	$0
Deferred Income Tax	$624.0K
Other Non-Cash Items	$6M
Change in Working Capital	$515.0K
OPERATING CASH FLOW	$15M
Capital Expenditure	-$2M
Acquisitions (Net)	$0
Purchases of Investments	-$130M
Sales/Maturities of Investments	$178M
Other Investing Activities	-$27M
NET CASH FROM INVESTING	$19M
Net Debt Issuance	-$42M
Common Stock Repurchased	$0
Common Dividends Paid	-$3M
Other Financing Activities	$17M
NET CASH FROM FINANCING	-$28M
FREE CASH FLOW	$14M
Net Change in Cash	$7M

Balance Sheet

Item	Amount
Cash & Equivalents	$19M
Short-Term Investments	$259M
Net Receivables	$0
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$279M
PP&E (Net)	$11M
Goodwill	$0
Intangible Assets	$2M
Long-Term Investments	$394M
Tax Assets	$0
Other Non-Current Assets	$75M
TOTAL NON-CURRENT ASSETS	$481M
TOTAL ASSETS	$760M
Account Payables	$0
Short-Term Debt	$18M
Deferred Revenue	$0
Other Current Liabilities	$637M
TOTAL CURRENT LIABILITIES	$657M
Long-Term Debt	$32M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$0
TOTAL NON-CURRENT LIABILITIES	$32M
TOTAL LIABILITIES	$690M
Common Stock	$39.0K
Additional Paid-In Capital	$4M
Retained Earnings	$68M
Treasury Stock	-$7M
Accum. Other Comp. Income	$5M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$70M
Minority Interest	$0
TOTAL EQUITY	$70M
TOTAL LIABILITIES & EQUITY	$760M
Total Debt	$50M
Net Debt	$31M