FY 2020 Earnings

Reported March 18, 2021

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Metric	FY 2020	Prior Q	FY 2019	QoQ Change	YoY Change
Revenue	$8.9B	—	$6.6B	—	34.7%
Op. Income	$4.0B	—	$2.9B	—	36.9%
Gross Margin	48.6%	—	48.5%	—	0.0pp
Net Margin	10.2%	—	17.9%	—	-7.7pp
EPS (Diluted)	$0.00	—	$0.00	—	NaN%

Revenue Flow

Item	Amount
REVENUE	$8.9B
Cost of Revenue	$4.6B
GROSS PROFIT	$4.3B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$312M
SG&A Expenses	$312M
Other Expenses	$0
Operating Expenses	$312M
Cost & Expenses	$4.9B
OPERATING INCOME	$4.0B
Interest Income	$0
Interest Expense	-$1.2B
Other Income/Expenses	-$2.8B
INCOME BEFORE TAX	$1.2B
Income Tax Expense	$291M
Net Income from Continuing Ops	$904M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$904M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$904M
D&A	-$1.7B
EBIT	$16M
EBITDA	-$1.7B
EPS	$0
EPS Diluted	$0

Income Statement

Item	Amount
REVENUE	$8.9B
Cost of Revenue	$4.6B
GROSS PROFIT	$4.3B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$312M
SG&A Expenses	$312M
Other Expenses	$0
Operating Expenses	$312M
Cost & Expenses	$4.9B
OPERATING INCOME	$4.0B
Interest Income	$0
Interest Expense	-$1.2B
Other Income/Expenses	-$2.8B
INCOME BEFORE TAX	$1.2B
Income Tax Expense	$291M
Net Income from Continuing Ops	$904M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$904M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$904M
D&A	-$1.7B
EBIT	$16M
EBITDA	-$1.7B
EPS	$0
EPS Diluted	$0

Balance Sheet

Item	Amount
Cash & Equivalents	$867M
Short-Term Investments	$0
Net Receivables	$1.9B
Inventory	$221M
Other Current Assets	$0
TOTAL CURRENT ASSETS	$3.0B
PP&E (Net)	$31.6B
Goodwill	$6.6B
Intangible Assets	$11.8B
Long-Term Investments	$0
Tax Assets	$124M
Other Non-Current Assets	$0
TOTAL NON-CURRENT ASSETS	$50.1B
TOTAL ASSETS	$61.3B
Account Payables	$0
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$5.5B
TOTAL CURRENT LIABILITIES	$5.5B
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$4.6B
Other Non-Current Liabilities	$29.5B
TOTAL NON-CURRENT LIABILITIES	$34.1B
TOTAL LIABILITIES	$39.7B
Common Stock	$0
Additional Paid-In Capital	$0
Retained Earnings	$0
Treasury Stock	$0
Accum. Other Comp. Income	$0
Other Equity	$21.7B
TOTAL STOCKHOLDERS' EQUITY	$21.7B
Minority Interest	$0
TOTAL EQUITY	$21.7B
TOTAL LIABILITIES & EQUITY	$61.3B
Total Debt	$0
Net Debt	-$867M