BA FY 2007 Earnings Report — The Boeing Company Revenue & Financial Results | Market Cap Arena

The Boeing CompanyBA

FY 2007 Earnings

Reported February 15, 2008

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2007	Prior Q	FY 2006	QoQ Change	YoY Change
Revenue	$66.4B	—	$61.5B	—	7.9%
Op. Income	$5.6B	—	$3.6B	—	53.3%
Gross Margin	19.5%	—	18.0%	—	1.5pp
Net Margin	6.1%	—	3.6%	—	2.5pp
EPS (Diluted)	$5.28	—	$2.85	—	85.3%
Free Cash Flow	$7.9B	—	$5.8B	—	35.0%

Revenue Flow

Item	Amount
REVENUE	$66.4B
Cost of Revenue	$53.4B
GROSS PROFIT	$13.0B
R&D Expenses	$3.9B
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$3.5B
Other Expenses	$0
Operating Expenses	$7.4B
Cost & Expenses	$60.8B
OPERATING INCOME	$5.6B
Interest Income	$0
Interest Expense	$196M
Other Income/Expenses	$538M
INCOME BEFORE TAX	$6.1B
Income Tax Expense	$2.1B
Net Income from Continuing Ops	$4.1B
Net Income from Discontinued Ops	$0
Other Adjustments	$16M
NET INCOME	$4.1B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$4.1B
D&A	$1.5B
EBIT	$6.3B
EBITDA	$7.8B
EPS	$5
EPS Diluted	$5

Income Statement

Item	Amount
REVENUE	$66.4B
Cost of Revenue	$53.4B
GROSS PROFIT	$13.0B
R&D Expenses	$3.9B
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$3.5B
Other Expenses	$0
Operating Expenses	$7.4B
Cost & Expenses	$60.8B
OPERATING INCOME	$5.6B
Interest Income	$0
Interest Expense	$196M
Other Income/Expenses	$538M
INCOME BEFORE TAX	$6.1B
Income Tax Expense	$2.1B
Net Income from Continuing Ops	$4.1B
Net Income from Discontinued Ops	$0
Other Adjustments	$16M
NET INCOME	$4.1B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$4.1B
D&A	$1.5B
EBIT	$6.3B
EBITDA	$7.8B
EPS	$5
EPS Diluted	$5

Cash Flow Statement

Item	Amount
Net Income	$4.1B
Depreciation & Amortization	$1.5B
Stock-Based Compensation	$287M
Deferred Income Tax	-$3.1B
Other Non-Cash Items	$4.2B
Change in Working Capital	$2.7B
OPERATING CASH FLOW	$9.6B
Capital Expenditure	-$1.7B
Acquisitions (Net)	-$75M
Purchases of Investments	-$5.7B
Sales/Maturities of Investments	$3.8B
Other Investing Activities	-$123M
NET CASH FROM INVESTING	-$3.8B
Net Debt Issuance	-$1.4B
Common Stock Repurchased	-$2.8B
Common Dividends Paid	-$1.1B
Other Financing Activities	$144M
NET CASH FROM FINANCING	-$4.9B
FREE CASH FLOW	$7.9B
Net Change in Cash	$924M

Balance Sheet

Item	Amount
Cash & Equivalents	$7.0B
Short-Term Investments	$2.3B
Net Receivables	$5.7B
Inventory	$9.6B
Other Current Assets	$2.7B
TOTAL CURRENT ASSETS	$27.3B
PP&E (Net)	$8.3B
Goodwill	$3.1B
Intangible Assets	$2.1B
Long-Term Investments	$4.1B
Tax Assets	$197M
Other Non-Current Assets	$14.0B
TOTAL NON-CURRENT ASSETS	$31.7B
TOTAL ASSETS	$59.0B
Account Payables	$16.7B
Short-Term Debt	$762M
Deferred Revenue	$253M
Other Current Liabilities	-$5.0B
TOTAL CURRENT LIABILITIES	$31.5B
Long-Term Debt	$7.5B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$1.2B
Other Non-Current Liabilities	$9.8B
TOTAL NON-CURRENT LIABILITIES	$18.4B
TOTAL LIABILITIES	$50.0B
Common Stock	$5.1B
Additional Paid-In Capital	$4.8B
Retained Earnings	$21.4B
Treasury Stock	-$14.8B
Accum. Other Comp. Income	-$4.6B
Other Equity	-$2.8B
TOTAL STOCKHOLDERS' EQUITY	$9.0B
Minority Interest	$0
TOTAL EQUITY	$9.0B
TOTAL LIABILITIES & EQUITY	$59.0B
Total Debt	$8.2B
Net Debt	$1.2B