CCJ FY 2010 Earnings Report — Cameco Corporation Revenue & Financial Results | Market Cap Arena

Cameco CorporationCCJ

FY 2010 Earnings

Reported December 30, 2010

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2010	Prior Q	FY 2009	QoQ Change	YoY Change
Revenue	$1.6B	—	$1.7B	—	-8.3%
Op. Income	$397M	—	$1.6B	—	-74.5%
Gross Margin	46.9%	—	42.8%	—	4.1pp
Net Margin	24.2%	—	47.5%	—	-23.3pp
EPS (Diluted)	$0.95	—	$2.06	—	-53.9%
Free Cash Flow	$27M	—	$218M	—	-87.6%

Revenue Flow

Item	Amount
REVENUE	$1.6B
Cost of Revenue	$825M
GROSS PROFIT	$728M
R&D Expenses	$4M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$114M
Other Expenses	$302M
Operating Expenses	$330M
Cost & Expenses	$1.2B
OPERATING INCOME	$397M
Interest Income	$15M
Interest Expense	$43M
Other Income/Expenses	-$8M
INCOME BEFORE TAX	$389M
Income Tax Expense	$20M
Net Income from Continuing Ops	$370M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$376M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$378M
D&A	$184M
EBIT	$436M
EBITDA	$610M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$1.6B
Cost of Revenue	$825M
GROSS PROFIT	$728M
R&D Expenses	$4M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$114M
Other Expenses	$302M
Operating Expenses	$330M
Cost & Expenses	$1.2B
OPERATING INCOME	$397M
Interest Income	$15M
Interest Expense	$43M
Other Income/Expenses	-$8M
INCOME BEFORE TAX	$389M
Income Tax Expense	$20M
Net Income from Continuing Ops	$370M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$376M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$378M
D&A	$184M
EBIT	$436M
EBITDA	$610M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$376M
Depreciation & Amortization	$184M
Stock-Based Compensation	$12M
Deferred Income Tax	$5M
Other Non-Cash Items	-$31M
Change in Working Capital	-$175M
OPERATING CASH FLOW	$371M
Capital Expenditure	-$344M
Acquisitions (Net)	$0
Purchases of Investments	-$498M
Sales/Maturities of Investments	$0
Other Investing Activities	$8M
NET CASH FROM INVESTING	-$834M
Net Debt Issuance	-$7M
Common Stock Repurchased	$0
Common Dividends Paid	-$78M
Other Financing Activities	-$32M
NET CASH FROM FINANCING	-$64M
FREE CASH FLOW	$27M
Net Change in Cash	-$530M

Balance Sheet

Item	Amount
Cash & Equivalents	$275M
Short-Term Investments	$646M
Net Receivables	$398M
Inventory	$397M
Other Current Assets	$31M
TOTAL CURRENT ASSETS	$1.9B
PP&E (Net)	$3.2B
Goodwill	$0
Intangible Assets	$69M
Long-Term Investments	$0
Tax Assets	$27M
Other Non-Current Assets	$460M
TOTAL NON-CURRENT ASSETS	$3.7B
TOTAL ASSETS	$5.6B
Account Payables	$285M
Short-Term Debt	$63M
Deferred Revenue	$67M
Other Current Liabilities	$65M
TOTAL CURRENT LIABILITIES	$442M
Long-Term Debt	$581M
Deferred Revenue NC	$52M
Deferred Tax Liabilities	$152M
Other Non-Current Liabilities	$331M
TOTAL NON-CURRENT LIABILITIES	$1.2B
TOTAL LIABILITIES	$1.7B
Common Stock	$1.1B
Additional Paid-In Capital	$1.4B
Retained Earnings	$2.6B
Treasury Stock	$0
Accum. Other Comp. Income	-$18M
Other Equity	$421M
TOTAL STOCKHOLDERS' EQUITY	$3.8B
Minority Interest	$130M
TOTAL EQUITY	$3.9B
TOTAL LIABILITIES & EQUITY	$5.6B
Total Debt	$751M
Net Debt	$475M