CIB FY 2009 Earnings Report — Grupo Cibest S.A. Revenue & Financial Results | Market Cap Arena

Grupo Cibest S.A.CIB

FY 2009 Earnings

Reported June 11, 2010

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2009	Prior Q	FY 2008	QoQ Change	YoY Change
Revenue	$2.3B	—	$2.3B	—	1.7%
Op. Income	$480M	—	$492M	—	-2.6%
Gross Margin	54.6%	—	52.5%	—	2.1pp
Net Margin	15.1%	—	15.8%	—	-0.7pp
EPS (Diluted)	$7.12	—	$11.30	—	-37.0%
Free Cash Flow	$1.5B	—	-$216M	—	781.3%

Revenue Flow

Item	Amount
REVENUE	$2.3B
Cost of Revenue	$1.1B
GROSS PROFIT	$1.3B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$737M
SG&A Expenses	$737M
Other Expenses	$49M
Operating Expenses	$786M
Cost & Expenses	$1.8B
OPERATING INCOME	$480M
Interest Income	$1.8B
Interest Expense	$733M
Other Income/Expenses	$0
INCOME BEFORE TAX	$480M
Income Tax Expense	$129M
Net Income from Continuing Ops	$351M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$351M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$351M
D&A	$102M
EBIT	$480M
EBITDA	$581M
EPS	$7
EPS Diluted	$7

Income Statement

Item	Amount
REVENUE	$2.3B
Cost of Revenue	$1.1B
GROSS PROFIT	$1.3B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$737M
SG&A Expenses	$737M
Other Expenses	$49M
Operating Expenses	$786M
Cost & Expenses	$1.8B
OPERATING INCOME	$480M
Interest Income	$1.8B
Interest Expense	$733M
Other Income/Expenses	$0
INCOME BEFORE TAX	$480M
Income Tax Expense	$129M
Net Income from Continuing Ops	$351M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$351M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$351M
D&A	$102M
EBIT	$480M
EBITDA	$581M
EPS	$7
EPS Diluted	$7

Cash Flow Statement

Item	Amount
Net Income	$351M
Depreciation & Amortization	$102M
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	$106M
Change in Working Capital	$1.0B
OPERATING CASH FLOW	$1.6B
Capital Expenditure	-$127M
Acquisitions (Net)	$0
Purchases of Investments	-$958M
Sales/Maturities of Investments	$754M
Other Investing Activities	$19M
NET CASH FROM INVESTING	-$287M
Net Debt Issuance	-$649M
Common Stock Repurchased	$0
Common Dividends Paid	-$137M
Other Financing Activities	$0
NET CASH FROM FINANCING	-$786M
FREE CASH FLOW	$1.5B
Net Change in Cash	$489M

Balance Sheet

Item	Amount
Cash & Equivalents	$2.1B
Short-Term Investments	$0
Net Receivables	$320M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$2.4B
PP&E (Net)	$512M
Goodwill	$239M
Intangible Assets	$0
Long-Term Investments	$12.6B
Tax Assets	$0
Other Non-Current Assets	$1.5B
TOTAL NON-CURRENT ASSETS	$14.8B
TOTAL ASSETS	$17.3B
Account Payables	$577M
Short-Term Debt	$375M
Deferred Revenue	$0
Other Current Liabilities	$11.8B
TOTAL CURRENT LIABILITIES	$12.8B
Long-Term Debt	$2.7B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	-$175M
TOTAL NON-CURRENT LIABILITIES	$2.5B
TOTAL LIABILITIES	$15.3B
Common Stock	$86M
Additional Paid-In Capital	$0
Retained Earnings	$1.7B
Treasury Stock	$0
Accum. Other Comp. Income	$10M
Other Equity	$163M
TOTAL STOCKHOLDERS' EQUITY	$2.0B
Minority Interest	$30M
TOTAL EQUITY	$2.0B
TOTAL LIABILITIES & EQUITY	$17.3B
Total Debt	$3.0B
Net Debt	$984M