CE FY 2011 Earnings Report — Celanese Corporation Revenue & Financial Results | Market Cap Arena

Celanese CorporationCE

FY 2011 Earnings

Reported February 10, 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	$6.8B	—	—	—	—
Op. Income	$690M	—	—	—	—
Gross Margin	21.2%	—	—	—	—
Net Margin	9.0%	—	—	—	—
EPS (Diluted)	$3.82	—	—	—	—
Free Cash Flow	$434M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$6.8B
Cost of Revenue	$5.3B
GROSS PROFIT	$1.4B
R&D Expenses	$96M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$536M
Other Expenses	$646M
Operating Expenses	$742M
Cost & Expenses	$6.1B
OPERATING INCOME	$690M
Interest Income	$0
Interest Expense	$221M
Other Income/Expenses	$65M
INCOME BEFORE TAX	$755M
Income Tax Expense	$149M
Net Income from Continuing Ops	$606M
Net Income from Discontinued Ops	$1M
Other Adjustments	$0
NET INCOME	$607M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$607M
D&A	$62M
EBIT	$688M
EBITDA	$949M
EPS	$4
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$6.8B
Cost of Revenue	$5.3B
GROSS PROFIT	$1.4B
R&D Expenses	$96M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$536M
Other Expenses	$646M
Operating Expenses	$742M
Cost & Expenses	$6.1B
OPERATING INCOME	$690M
Interest Income	$0
Interest Expense	$221M
Other Income/Expenses	$65M
INCOME BEFORE TAX	$755M
Income Tax Expense	$149M
Net Income from Continuing Ops	$606M
Net Income from Discontinued Ops	$1M
Other Adjustments	$0
NET INCOME	$607M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$607M
D&A	$62M
EBIT	$688M
EBITDA	$949M
EPS	$4
EPS Diluted	$4

Cash Flow Statement

Item	Amount
Net Income	$607M
Depreciation & Amortization	$62M
Stock-Based Compensation	$0
Deferred Income Tax	$93M
Other Non-Cash Items	$44M
Change in Working Capital	-$418M
OPERATING CASH FLOW	$638M
Capital Expenditure	-$204M
Acquisitions (Net)	$157M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$394M
NET CASH FROM INVESTING	-$441M
Net Debt Issuance	-$196M
Common Stock Repurchased	-$31M
Common Dividends Paid	-$34M
Other Financing Activities	-$12M
NET CASH FROM FINANCING	-$253M
FREE CASH FLOW	$434M
Net Change in Cash	-$58M

Balance Sheet

Item	Amount
Cash & Equivalents	$682M
Short-Term Investments	$64M
Net Receivables	$1.1B
Inventory	$712M
Other Current Assets	$139M
TOTAL CURRENT ASSETS	$2.7B
PP&E (Net)	$3.3B
Goodwill	$760M
Intangible Assets	$197M
Long-Term Investments	$824M
Tax Assets	$421M
Other Non-Current Assets	$344M
TOTAL NON-CURRENT ASSETS	$5.8B
TOTAL ASSETS	$8.5B
Account Payables	$673M
Short-Term Debt	$144M
Deferred Revenue	$29M
Other Current Liabilities	$391M
TOTAL CURRENT LIABILITIES	$1.4B
Long-Term Debt	$2.9B
Deferred Revenue NC	$1.5B
Deferred Tax Liabilities	$92M
Other Non-Current Liabilities	$1.3B
TOTAL NON-CURRENT LIABILITIES	$5.8B
TOTAL LIABILITIES	$7.2B
Common Stock	$0
Additional Paid-In Capital	$627M
Retained Earnings	$2.4B
Treasury Stock	-$860M
Accum. Other Comp. Income	-$850M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.3B
Minority Interest	$0
TOTAL EQUITY	$1.3B
TOTAL LIABILITIES & EQUITY	$8.5B
Total Debt	$3.0B
Net Debt	$2.3B