CFFN FY 2011 Earnings Report — Capitol Federal Financial, Inc. Revenue & Financial Results | Market Cap Arena

Capitol Federal Financial, Inc.CFFN

FY 2011 Earnings

Reported November 29, 2011

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	$367M	—	$403M	—	-9.0%
Op. Income	$57M	—	$105M	—	-45.6%
Gross Margin	50.3%	—	47.1%	—	3.2pp
Net Margin	10.5%	—	16.8%	—	-6.4pp
EPS (Diluted)	$0.24	—	$0.41	—	-41.5%
Free Cash Flow	$53M	—	$51M	—	4.0%

Revenue Flow

Item	Amount
REVENUE	$367M
Cost of Revenue	$182M
GROSS PROFIT	$185M
R&D Expenses	$0
Selling & Marketing	$4M
General & Administrative	$57M
SG&A Expenses	$61M
Other Expenses	$66M
Operating Expenses	$127M
Cost & Expenses	$309M
OPERATING INCOME	$57M
Interest Income	$347M
Interest Expense	$178M
Other Income/Expenses	$0
INCOME BEFORE TAX	$57M
Income Tax Expense	$19M
Net Income from Continuing Ops	$38M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$38M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$38M
D&A	$4M
EBIT	$57M
EBITDA	$62M
EPS	$0
EPS Diluted	$0

Income Statement

Item	Amount
REVENUE	$367M
Cost of Revenue	$182M
GROSS PROFIT	$185M
R&D Expenses	$0
Selling & Marketing	$4M
General & Administrative	$57M
SG&A Expenses	$61M
Other Expenses	$66M
Operating Expenses	$127M
Cost & Expenses	$309M
OPERATING INCOME	$57M
Interest Income	$347M
Interest Expense	$178M
Other Income/Expenses	$0
INCOME BEFORE TAX	$57M
Income Tax Expense	$19M
Net Income from Continuing Ops	$38M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$38M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$38M
D&A	$4M
EBIT	$57M
EBITDA	$62M
EPS	$0
EPS Diluted	$0

Cash Flow Statement

Item	Amount
Net Income	$38M
Depreciation & Amortization	$4M
Stock-Based Compensation	$6M
Deferred Income Tax	-$10M
Other Non-Cash Items	$17M
Change in Working Capital	$9M
OPERATING CASH FLOW	$66M
Capital Expenditure	-$13M
Acquisitions (Net)	$0
Purchases of Investments	-$2.8B
Sales/Maturities of Investments	$1.8B
Other Investing Activities	$12M
NET CASH FROM INVESTING	-$933M
Net Debt Issuance	-$130M
Common Stock Repurchased	$0
Common Dividends Paid	-$150M
Other Financing Activities	$127M
NET CASH FROM FINANCING	$923M
FREE CASH FLOW	$53M
Net Change in Cash	$56M

Balance Sheet

Item	Amount
Cash & Equivalents	$121M
Short-Term Investments	$1.5B
Net Receivables	$29M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$1.6B
PP&E (Net)	$48M
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$7.5B
Tax Assets	$0
Other Non-Current Assets	$246M
TOTAL NON-CURRENT ASSETS	$7.8B
TOTAL ASSETS	$9.5B
Account Payables	$44M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$4.5B
TOTAL CURRENT LIABILITIES	$4.6B
Long-Term Debt	$2.9B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$20M
Other Non-Current Liabilities	$14M
TOTAL NON-CURRENT LIABILITIES	$2.9B
TOTAL LIABILITIES	$7.5B
Common Stock	$2M
Additional Paid-In Capital	$1.4B
Retained Earnings	$569M
Treasury Stock	$0
Accum. Other Comp. Income	$27M
Other Equity	-$51M
TOTAL STOCKHOLDERS' EQUITY	$1.9B
Minority Interest	$0
TOTAL EQUITY	$1.9B
TOTAL LIABILITIES & EQUITY	$9.5B
Total Debt	$2.9B
Net Debt	$2.8B