CIB FY 2010 Earnings Report — Grupo Cibest S.A. Revenue & Financial Results | Market Cap Arena

Grupo Cibest S.A.CIB

FY 2010 Earnings

Reported April 28, 2011

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	$2.0B	—	$2.3B	—	-15.9%
Op. Income	$543M	—	$480M	—	13.2%
Gross Margin	70.2%	—	54.6%	—	15.6pp
Net Margin	20.6%	—	15.1%	—	5.4pp
EPS (Diluted)	$8.14	—	$7.12	—	14.3%
Free Cash Flow	-$1.2B	—	$1.5B	—	-180.1%

Revenue Flow

Item	Amount
REVENUE	$2.0B
Cost of Revenue	$582M
GROSS PROFIT	$1.4B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$791M
SG&A Expenses	$791M
Other Expenses	$35M
Operating Expenses	$826M
Cost & Expenses	$1.4B
OPERATING INCOME	$543M
Interest Income	$1.4B
Interest Expense	$439M
Other Income/Expenses	$0
INCOME BEFORE TAX	$543M
Income Tax Expense	$142M
Net Income from Continuing Ops	$401M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$401M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$401M
D&A	$96M
EBIT	$543M
EBITDA	$638M
EPS	$8
EPS Diluted	$8

Income Statement

Item	Amount
REVENUE	$2.0B
Cost of Revenue	$582M
GROSS PROFIT	$1.4B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$791M
SG&A Expenses	$791M
Other Expenses	$35M
Operating Expenses	$826M
Cost & Expenses	$1.4B
OPERATING INCOME	$543M
Interest Income	$1.4B
Interest Expense	$439M
Other Income/Expenses	$0
INCOME BEFORE TAX	$543M
Income Tax Expense	$142M
Net Income from Continuing Ops	$401M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$401M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$401M
D&A	$96M
EBIT	$543M
EBITDA	$638M
EPS	$8
EPS Diluted	$8

Cash Flow Statement

Item	Amount
Net Income	$401M
Depreciation & Amortization	$96M
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	$43M
Change in Working Capital	-$1.4B
OPERATING CASH FLOW	-$856M
Capital Expenditure	-$320M
Acquisitions (Net)	$0
Purchases of Investments	-$1.1B
Sales/Maturities of Investments	$935M
Other Investing Activities	$112M
NET CASH FROM INVESTING	-$305M
Net Debt Issuance	$816M
Common Stock Repurchased	$0
Common Dividends Paid	-$140M
Other Financing Activities	$174M
NET CASH FROM FINANCING	$850M
FREE CASH FLOW	-$1.2B
Net Change in Cash	-$340M

Balance Sheet

Item	Amount
Cash & Equivalents	$1.7B
Short-Term Investments	$0
Net Receivables	$311M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$2.1B
PP&E (Net)	$609M
Goodwill	$210M
Intangible Assets	$0
Long-Term Investments	$15.3B
Tax Assets	$0
Other Non-Current Assets	$783M
TOTAL NON-CURRENT ASSETS	$16.9B
TOTAL ASSETS	$19.0B
Account Payables	$556M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$12.1B
TOTAL CURRENT LIABILITIES	$12.8B
Long-Term Debt	$3.6B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$372M
TOTAL NON-CURRENT LIABILITIES	$4.0B
TOTAL LIABILITIES	$16.8B
Common Stock	$86M
Additional Paid-In Capital	$0
Retained Earnings	$1.9B
Treasury Stock	$0
Accum. Other Comp. Income	$8M
Other Equity	$174M
TOTAL STOCKHOLDERS' EQUITY	$2.2B
Minority Interest	$20M
TOTAL EQUITY	$2.2B
TOTAL LIABILITIES & EQUITY	$19.0B
Total Debt	$3.6B
Net Debt	$1.9B