C FY 2011 Earnings Report — Citigroup Inc. Revenue & Financial Results | Market Cap Arena

Citigroup Inc.C

FY 2011 Earnings

Reported February 24, 2012

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2011	Prior Q	FY 2010	QoQ Change	YoY Change
Revenue	$101.5B	—	$111.7B	—	-9.1%
Op. Income	$14.7B	—	$13.2B	—	11.7%
Gross Margin	64.9%	—	55.1%	—	9.9pp
Net Margin	10.9%	—	9.5%	—	1.4pp
EPS (Diluted)	$3.63	—	$3.50	—	3.7%
Free Cash Flow	$61.3B	—	$33.3B	—	84.1%

Revenue Flow

Item	Amount
REVENUE	$101.5B
Cost of Revenue	$35.6B
GROSS PROFIT	$65.9B
R&D Expenses	$0
Selling & Marketing	$2.3B
General & Administrative	$26.6B
SG&A Expenses	$28.9B
Other Expenses	$22.4B
Operating Expenses	$51.2B
Cost & Expenses	$86.8B
OPERATING INCOME	$14.7B
Interest Income	$71.9B
Interest Expense	$24.2B
Other Income/Expenses	$0
INCOME BEFORE TAX	$14.7B
Income Tax Expense	$3.6B
Net Income from Continuing Ops	$11.1B
Net Income from Discontinued Ops	$68M
Other Adjustments	$0
NET INCOME	$11.1B
Net Income Deductions	-$17M
BOTTOM LINE NET INCOME	$10.9B
D&A	$2.9B
EBIT	$14.7B
EBITDA	$17.6B
EPS	$4
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$101.5B
Cost of Revenue	$35.6B
GROSS PROFIT	$65.9B
R&D Expenses	$0
Selling & Marketing	$2.3B
General & Administrative	$26.6B
SG&A Expenses	$28.9B
Other Expenses	$22.4B
Operating Expenses	$51.2B
Cost & Expenses	$86.8B
OPERATING INCOME	$14.7B
Interest Income	$71.9B
Interest Expense	$24.2B
Other Income/Expenses	$0
INCOME BEFORE TAX	$14.7B
Income Tax Expense	$3.6B
Net Income from Continuing Ops	$11.1B
Net Income from Discontinued Ops	$68M
Other Adjustments	$0
NET INCOME	$11.1B
Net Income Deductions	-$17M
BOTTOM LINE NET INCOME	$10.9B
D&A	$2.9B
EBIT	$14.7B
EBITDA	$17.6B
EPS	$4
EPS Diluted	$4

Cash Flow Statement

Item	Amount
Net Income	$11.0B
Depreciation & Amortization	$2.9B
Stock-Based Compensation	$0
Deferred Income Tax	-$74M
Other Non-Cash Items	$15.5B
Change in Working Capital	$35.5B
OPERATING CASH FLOW	$64.8B
Capital Expenditure	-$3.4B
Acquisitions (Net)	$0
Purchases of Investments	-$314.3B
Sales/Maturities of Investments	$322.5B
Other Investing Activities	$6.4B
NET CASH FROM INVESTING	$11.3B
Net Debt Issuance	-$83.9B
Common Stock Repurchased	-$1M
Common Dividends Paid	-$107M
Other Financing Activities	$23.6B
NET CASH FROM FINANCING	-$56.6B
FREE CASH FLOW	$61.3B
Net Change in Cash	$729M

Balance Sheet

Item	Amount
Cash & Equivalents	$184.5B
Short-Term Investments	$265.2B
Net Receivables	$30.3B
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$480.0B
PP&E (Net)	$0
Goodwill	$25.4B
Intangible Assets	$9.2B
Long-Term Investments	$724.5B
Tax Assets	$0
Other Non-Current Assets	$634.8B
TOTAL NON-CURRENT ASSETS	$1.4T
TOTAL ASSETS	$1.9T
Account Payables	$56.7B
Short-Term Debt	$252.8B
Deferred Revenue	$0
Other Current Liabilities	$935.7B
TOTAL CURRENT LIABILITIES	$1.2T
Long-Term Debt	$323.5B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$125.5B
TOTAL NON-CURRENT LIABILITIES	$449.1B
TOTAL LIABILITIES	$1.7T
Common Stock	$29M
Additional Paid-In Capital	$105.8B
Retained Earnings	$90.5B
Treasury Stock	-$1.1B
Accum. Other Comp. Income	-$17.8B
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$177.8B
Minority Interest	$1.8B
TOTAL EQUITY	$179.6B
TOTAL LIABILITIES & EQUITY	$1.9T
Total Debt	$576.3B
Net Debt	$391.8B