BOH FY 2006 Earnings Report — Bank of Hawaii Corporation Revenue & Financial Results | Market Cap Arena

Bank of Hawaii CorporationBOH

FY 2006 Earnings

Reported February 22, 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	$789M	—	—	—	—
Op. Income	$287M	—	—	—	—
Gross Margin	77.1%	—	—	—	—
Net Margin	22.9%	—	—	—	—
EPS (Diluted)	$3.52	—	—	—	—
Free Cash Flow	$201M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$789M
Cost of Revenue	$181M
GROSS PROFIT	$608M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$189M
SG&A Expenses	$189M
Other Expenses	$131M
Operating Expenses	$321M
Cost & Expenses	$502M
OPERATING INCOME	$287M
Interest Income	$573M
Interest Expense	$170M
Other Income/Expenses	$0
INCOME BEFORE TAX	$287M
Income Tax Expense	$107M
Net Income from Continuing Ops	$180M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$180M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$180M
D&A	$16M
EBIT	$287M
EBITDA	$303M
EPS	$4
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$789M
Cost of Revenue	$181M
GROSS PROFIT	$608M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$189M
SG&A Expenses	$189M
Other Expenses	$131M
Operating Expenses	$321M
Cost & Expenses	$502M
OPERATING INCOME	$287M
Interest Income	$573M
Interest Expense	$170M
Other Income/Expenses	$0
INCOME BEFORE TAX	$287M
Income Tax Expense	$107M
Net Income from Continuing Ops	$180M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$180M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$180M
D&A	$16M
EBIT	$287M
EBITDA	$303M
EPS	$4
EPS Diluted	$4

Cash Flow Statement

Item	Amount
Net Income	$180M
Depreciation & Amortization	$16M
Stock-Based Compensation	$5M
Deferred Income Tax	$23M
Other Non-Cash Items	$8M
Change in Working Capital	-$24M
OPERATING CASH FLOW	$209M
Capital Expenditure	-$8M
Acquisitions (Net)	$0
Purchases of Investments	-$632M
Sales/Maturities of Investments	$651M
Other Investing Activities	-$463M
NET CASH FROM INVESTING	-$452M
Net Debt Issuance	$250M
Common Stock Repurchased	-$130M
Common Dividends Paid	-$77M
Other Financing Activities	$124M
NET CASH FROM FINANCING	$198M
FREE CASH FLOW	$201M
Net Change in Cash	-$45M

Balance Sheet

Item	Amount
Cash & Equivalents	$464M
Short-Term Investments	$2.6B
Net Receivables	$548M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$3.6B
PP&E (Net)	$126M
Goodwill	$35M
Intangible Assets	$19M
Long-Term Investments	$6.5B
Tax Assets	$0
Other Non-Current Assets	$319M
TOTAL NON-CURRENT ASSETS	$7.0B
TOTAL ASSETS	$10.6B
Account Payables	$23M
Short-Term Debt	$1.1B
Deferred Revenue	$0
Other Current Liabilities	$8.0B
TOTAL CURRENT LIABILITIES	$9.2B
Long-Term Debt	$225M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$453M
TOTAL NON-CURRENT LIABILITIES	$687M
TOTAL LIABILITIES	$9.9B
Common Stock	$566.0K
Additional Paid-In Capital	$475M
Retained Earnings	$631M
Treasury Stock	-$348M
Accum. Other Comp. Income	-$39M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$719M
Minority Interest	$0
TOTAL EQUITY	$719M
TOTAL LIABILITIES & EQUITY	$10.6B
Total Debt	$1.4B
Net Debt	$889M