CBT FY 2006 Earnings Report — Cabot Corporation Revenue & Financial Results | Market Cap Arena

Cabot CorporationCBT

FY 2006 Earnings

Reported December 14, 2006

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	$2.5B	—	—	—	—
Op. Income	$126M	—	—	—	—
Gross Margin	16.5%	—	—	—	—
Net Margin	3.5%	—	—	—	—
EPS (Diluted)	$1.28	—	—	—	—
Free Cash Flow	$64M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$2.5B
Cost of Revenue	$2.1B
GROSS PROFIT	$419M
R&D Expenses	$58M
Selling & Marketing	$0
General & Administrative	$235M
SG&A Expenses	$235M
Other Expenses	$0
Operating Expenses	$293M
Cost & Expenses	$2.4B
OPERATING INCOME	$126M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	-$29M
INCOME BEFORE TAX	$97M
Income Tax Expense	$9M
Net Income from Continuing Ops	$88M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$88M
Net Income Deductions	-$2M
BOTTOM LINE NET INCOME	$86M
D&A	$131M
EBIT	$126M
EBITDA	$257M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$2.5B
Cost of Revenue	$2.1B
GROSS PROFIT	$419M
R&D Expenses	$58M
Selling & Marketing	$0
General & Administrative	$235M
SG&A Expenses	$235M
Other Expenses	$0
Operating Expenses	$293M
Cost & Expenses	$2.4B
OPERATING INCOME	$126M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	-$29M
INCOME BEFORE TAX	$97M
Income Tax Expense	$9M
Net Income from Continuing Ops	$88M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$88M
Net Income Deductions	-$2M
BOTTOM LINE NET INCOME	$86M
D&A	$131M
EBIT	$126M
EBITDA	$257M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$88M
Depreciation & Amortization	$131M
Stock-Based Compensation	$26M
Deferred Income Tax	$2M
Other Non-Cash Items	$11M
Change in Working Capital	-$6M
OPERATING CASH FLOW	$252M
Capital Expenditure	-$188M
Acquisitions (Net)	$9M
Purchases of Investments	-$39M
Sales/Maturities of Investments	$56M
Other Investing Activities	-$3M
NET CASH FROM INVESTING	-$165M
Net Debt Issuance	-$11M
Common Stock Repurchased	-$39M
Common Dividends Paid	-$41M
Other Financing Activities	$2M
NET CASH FROM FINANCING	-$82M
FREE CASH FLOW	$64M
Net Change in Cash	$8M

Balance Sheet

Item	Amount
Cash & Equivalents	$189M
Short-Term Investments	$1M
Net Receivables	$534M
Inventory	$420M
Other Current Assets	$36M
TOTAL CURRENT ASSETS	$1.3B
PP&E (Net)	$964M
Goodwill	$31M
Intangible Assets	$5M
Long-Term Investments	$62M
Tax Assets	$100M
Other Non-Current Assets	$117M
TOTAL NON-CURRENT ASSETS	$1.3B
TOTAL ASSETS	$2.5B
Account Payables	$252M
Short-Term Debt	$92M
Deferred Revenue	$134M
Other Current Liabilities	$96M
TOTAL CURRENT LIABILITIES	$505M
Long-Term Debt	$459M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$20M
Other Non-Current Liabilities	$286M
TOTAL NON-CURRENT LIABILITIES	$765M
TOTAL LIABILITIES	$1.3B
Common Stock	$64M
Additional Paid-In Capital	$7M
Retained Earnings	$1.2B
Treasury Stock	-$5M
Accum. Other Comp. Income	-$48M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.2B
Minority Interest	$68M
TOTAL EQUITY	$1.3B
TOTAL LIABILITIES & EQUITY	$2.5B
Total Debt	$551M
Net Debt	$362M