AUBN FY 2013 Earnings Report — Auburn National Bancorporation, Inc. Revenue & Financial Results | Market Cap Arena

Auburn National Bancorporation, Inc.AUBN

FY 2013 Earnings

Reported March 24, 2014

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	$34M	—	$40M	—	-14.7%
Op. Income	$9M	—	$8M	—	15.0%
Gross Margin	79.4%	—	69.7%	—	9.7pp
Net Margin	21.1%	—	17.1%	—	4.0pp
EPS (Diluted)	$1.95	—	$1.86	—	4.8%
Free Cash Flow	$13M	—	$14M	—	-1.8%

Revenue Flow

Item	Amount
REVENUE	$34M
Cost of Revenue	$7M
GROSS PROFIT	$27M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$9M
SG&A Expenses	$9M
Other Expenses	$8M
Operating Expenses	$17M
Cost & Expenses	$24M
OPERATING INCOME	$9M
Interest Income	$27M
Interest Expense	$7M
Other Income/Expenses	$0
INCOME BEFORE TAX	$9M
Income Tax Expense	$2M
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	$827.0K
EBIT	$9M
EBITDA	$10M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$34M
Cost of Revenue	$7M
GROSS PROFIT	$27M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$9M
SG&A Expenses	$9M
Other Expenses	$8M
Operating Expenses	$17M
Cost & Expenses	$24M
OPERATING INCOME	$9M
Interest Income	$27M
Interest Expense	$7M
Other Income/Expenses	$0
INCOME BEFORE TAX	$9M
Income Tax Expense	$2M
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	$827.0K
EBIT	$9M
EBITDA	$10M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$7M
Depreciation & Amortization	$827.0K
Stock-Based Compensation	$0
Deferred Income Tax	$2M
Other Non-Cash Items	$4M
Change in Working Capital	$282.0K
OPERATING CASH FLOW	$14M
Capital Expenditure	-$462.0K
Acquisitions (Net)	$0
Purchases of Investments	-$123M
Sales/Maturities of Investments	$95M
Other Investing Activities	$16M
NET CASH FROM INVESTING	-$13M
Net Debt Issuance	-$38M
Common Stock Repurchased	$0
Common Dividends Paid	-$3M
Other Financing Activities	$33M
NET CASH FROM FINANCING	-$8M
FREE CASH FLOW	$13M
Net Change in Cash	-$8M

Balance Sheet

Item	Amount
Cash & Equivalents	$27M
Short-Term Investments	$271M
Net Receivables	$0
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$298M
PP&E (Net)	$10M
Goodwill	$0
Intangible Assets	$2M
Long-Term Investments	$380M
Tax Assets	$0
Other Non-Current Assets	$60M
TOTAL NON-CURRENT ASSETS	$453M
TOTAL ASSETS	$751M
Account Payables	$0
Short-Term Debt	$3M
Deferred Revenue	$0
Other Current Liabilities	$669M
TOTAL CURRENT LIABILITIES	$675M
Long-Term Debt	$12M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$0
TOTAL NON-CURRENT LIABILITIES	$12M
TOTAL LIABILITIES	$687M
Common Stock	$39.0K
Additional Paid-In Capital	$4M
Retained Earnings	$72M
Treasury Stock	-$7M
Accum. Other Comp. Income	-$5M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$64M
Minority Interest	$0
TOTAL EQUITY	$64M
TOTAL LIABILITIES & EQUITY	$751M
Total Debt	$16M
Net Debt	-$12M