CIB FY 2007 Earnings Report — Grupo Cibest S.A. Revenue & Financial Results | Market Cap Arena

Grupo Cibest S.A.CIB

FY 2007 Earnings

Reported July 8, 2008

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2007	Prior Q	FY 2006	QoQ Change	YoY Change
Revenue	$1.8B	—	$1.2B	—	52.2%
Op. Income	$404M	—	$258M	—	56.7%
Gross Margin	58.9%	—	66.4%	—	-7.5pp
Net Margin	17.2%	—	18.0%	—	-0.9pp
EPS (Diluted)	$6.40	—	$4.60	—	39.1%
Free Cash Flow	-$419M	—	-$1.7B	—	74.9%

Revenue Flow

Item	Amount
REVENUE	$1.8B
Cost of Revenue	$725M
GROSS PROFIT	$1.0B
R&D Expenses	$0
Selling & Marketing	$19M
General & Administrative	$562M
SG&A Expenses	$562M
Other Expenses	$72M
Operating Expenses	$634M
Cost & Expenses	$1.4B
OPERATING INCOME	$404M
Interest Income	$1.3B
Interest Expense	$559M
Other Income/Expenses	$0
INCOME BEFORE TAX	$404M
Income Tax Expense	$101M
Net Income from Continuing Ops	$303M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$303M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$303M
D&A	$65M
EBIT	$404M
EBITDA	$469M
EPS	$6
EPS Diluted	$6

Income Statement

Item	Amount
REVENUE	$1.8B
Cost of Revenue	$725M
GROSS PROFIT	$1.0B
R&D Expenses	$0
Selling & Marketing	$19M
General & Administrative	$562M
SG&A Expenses	$562M
Other Expenses	$72M
Operating Expenses	$634M
Cost & Expenses	$1.4B
OPERATING INCOME	$404M
Interest Income	$1.3B
Interest Expense	$559M
Other Income/Expenses	$0
INCOME BEFORE TAX	$404M
Income Tax Expense	$101M
Net Income from Continuing Ops	$303M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$303M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$303M
D&A	$65M
EBIT	$404M
EBITDA	$469M
EPS	$6
EPS Diluted	$6

Cash Flow Statement

Item	Amount
Net Income	$303M
Depreciation & Amortization	$65M
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	$73M
Change in Working Capital	-$696M
OPERATING CASH FLOW	-$255M
Capital Expenditure	-$165M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$65M
Other Investing Activities	$24M
NET CASH FROM INVESTING	-$76M
Net Debt Issuance	$1.1B
Common Stock Repurchased	$0
Common Dividends Paid	-$112M
Other Financing Activities	$250M
NET CASH FROM FINANCING	$1.2B
FREE CASH FLOW	-$419M
Net Change in Cash	$899M

Balance Sheet

Item	Amount
Cash & Equivalents	$1.5B
Short-Term Investments	$0
Net Receivables	$311M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$1.8B
PP&E (Net)	$375M
Goodwill	$273M
Intangible Assets	$0
Long-Term Investments	$11.2B
Tax Assets	$0
Other Non-Current Assets	$932M
TOTAL NON-CURRENT ASSETS	$12.7B
TOTAL ASSETS	$14.6B
Account Payables	$558M
Short-Term Debt	$560M
Deferred Revenue	$0
Other Current Liabilities	$9.6B
TOTAL CURRENT LIABILITIES	$10.8B
Long-Term Debt	$2.1B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$156M
TOTAL NON-CURRENT LIABILITIES	$2.3B
TOTAL LIABILITIES	$13.1B
Common Stock	$86M
Additional Paid-In Capital	$0
Retained Earnings	$1.2B
Treasury Stock	$0
Accum. Other Comp. Income	$0
Other Equity	$81M
TOTAL STOCKHOLDERS' EQUITY	$1.5B
Minority Interest	$26M
TOTAL EQUITY	$1.5B
TOTAL LIABILITIES & EQUITY	$14.6B
Total Debt	$2.7B
Net Debt	$1.2B