BA FY 2006 Earnings Report — The Boeing Company Revenue & Financial Results | Market Cap Arena

The Boeing CompanyBA

FY 2006 Earnings

Reported February 16, 2007

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2006	Prior Q	FY 2005	QoQ Change	YoY Change
Revenue	$61.5B	—	—	—	—
Op. Income	$3.6B	—	—	—	—
Gross Margin	18.0%	—	—	—	—
Net Margin	3.6%	—	—	—	—
EPS (Diluted)	$2.85	—	—	—	—
Free Cash Flow	$5.8B	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$61.5B
Cost of Revenue	$50.5B
GROSS PROFIT	$11.1B
R&D Expenses	$3.3B
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$4.2B
Other Expenses	$0
Operating Expenses	$7.4B
Cost & Expenses	$57.9B
OPERATING INCOME	$3.6B
Interest Income	$0
Interest Expense	$240M
Other Income/Expenses	-$447M
INCOME BEFORE TAX	$3.2B
Income Tax Expense	$988M
Net Income from Continuing Ops	$2.2B
Net Income from Discontinued Ops	$0
Other Adjustments	$9M
NET INCOME	$2.2B
Net Income Deductions	-$18M
BOTTOM LINE NET INCOME	$2.2B
D&A	$1.5B
EBIT	$3.4B
EBITDA	$5.0B
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$61.5B
Cost of Revenue	$50.5B
GROSS PROFIT	$11.1B
R&D Expenses	$3.3B
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$4.2B
Other Expenses	$0
Operating Expenses	$7.4B
Cost & Expenses	$57.9B
OPERATING INCOME	$3.6B
Interest Income	$0
Interest Expense	$240M
Other Income/Expenses	-$447M
INCOME BEFORE TAX	$3.2B
Income Tax Expense	$988M
Net Income from Continuing Ops	$2.2B
Net Income from Discontinued Ops	$0
Other Adjustments	$9M
NET INCOME	$2.2B
Net Income Deductions	-$18M
BOTTOM LINE NET INCOME	$2.2B
D&A	$1.5B
EBIT	$3.4B
EBITDA	$5.0B
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$2.2B
Depreciation & Amortization	$1.5B
Stock-Based Compensation	$743M
Deferred Income Tax	-$1.5B
Other Non-Cash Items	$2.3B
Change in Working Capital	$2.2B
OPERATING CASH FLOW	$7.5B
Capital Expenditure	-$1.7B
Acquisitions (Net)	-$1.9B
Purchases of Investments	-$2.8B
Sales/Maturities of Investments	$2.9B
Other Investing Activities	$314M
NET CASH FROM INVESTING	-$3.2B
Net Debt Issuance	-$1.7B
Common Stock Repurchased	-$1.7B
Common Dividends Paid	-$956M
Other Financing Activities	$395M
NET CASH FROM FINANCING	-$3.6B
FREE CASH FLOW	$5.8B
Net Change in Cash	$706M

Balance Sheet

Item	Amount
Cash & Equivalents	$6.1B
Short-Term Investments	$268M
Net Receivables	$5.3B
Inventory	$8.1B
Other Current Assets	$3.2B
TOTAL CURRENT ASSETS	$23.0B
PP&E (Net)	$7.7B
Goodwill	$3.0B
Intangible Assets	$1.7B
Long-Term Investments	$4.1B
Tax Assets	$1.1B
Other Non-Current Assets	$11.3B
TOTAL NON-CURRENT ASSETS	$28.8B
TOTAL ASSETS	$51.8B
Account Payables	$16.2B
Short-Term Debt	$1.4B
Deferred Revenue	$670M
Other Current Liabilities	-$4.9B
TOTAL CURRENT LIABILITIES	$29.7B
Long-Term Debt	$8.2B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$9.2B
TOTAL NON-CURRENT LIABILITIES	$17.4B
TOTAL LIABILITIES	$47.1B
Common Stock	$5.1B
Additional Paid-In Capital	$4.7B
Retained Earnings	$18.5B
Treasury Stock	-$12.5B
Accum. Other Comp. Income	-$8.2B
Other Equity	-$2.8B
TOTAL STOCKHOLDERS' EQUITY	$4.7B
Minority Interest	$0
TOTAL EQUITY	$4.7B
TOTAL LIABILITIES & EQUITY	$51.8B
Total Debt	$9.5B
Net Debt	$3.4B