CIB FY 2012 Earnings Report — Grupo Cibest S.A. Revenue & Financial Results | Market Cap Arena

Grupo Cibest S.A.CIB

FY 2012 Earnings

Reported April 30, 2013

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2012	Prior Q	FY 2011	QoQ Change	YoY Change
Revenue	$2.8B	—	$2.3B	—	23.8%
Op. Income	$605M	—	$596M	—	1.6%
Gross Margin	60.9%	—	67.8%	—	-6.9pp
Net Margin	16.8%	—	20.3%	—	-3.5pp
EPS (Diluted)	$8.92	—	$9.43	—	-5.4%
Free Cash Flow	$160M	—	-$1.5B	—	110.7%

Revenue Flow

Item	Amount
REVENUE	$2.8B
Cost of Revenue	$1.1B
GROSS PROFIT	$1.7B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$1.1B
SG&A Expenses	$1.1B
Other Expenses	$65M
Operating Expenses	$1.1B
Cost & Expenses	$2.2B
OPERATING INCOME	$605M
Interest Income	$2.1B
Interest Expense	$808M
Other Income/Expenses	$0
INCOME BEFORE TAX	$605M
Income Tax Expense	$130M
Net Income from Continuing Ops	$475M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$475M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$475M
D&A	$151M
EBIT	$605M
EBITDA	$756M
EPS	$9
EPS Diluted	$9

Income Statement

Item	Amount
REVENUE	$2.8B
Cost of Revenue	$1.1B
GROSS PROFIT	$1.7B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$1.1B
SG&A Expenses	$1.1B
Other Expenses	$65M
Operating Expenses	$1.1B
Cost & Expenses	$2.2B
OPERATING INCOME	$605M
Interest Income	$2.1B
Interest Expense	$808M
Other Income/Expenses	$0
INCOME BEFORE TAX	$605M
Income Tax Expense	$130M
Net Income from Continuing Ops	$475M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$475M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$475M
D&A	$151M
EBIT	$605M
EBITDA	$756M
EPS	$9
EPS Diluted	$9

Cash Flow Statement

Item	Amount
Net Income	$475M
Depreciation & Amortization	$151M
Stock-Based Compensation	$0
Deferred Income Tax	-$7M
Other Non-Cash Items	$75M
Change in Working Capital	-$191M
OPERATING CASH FLOW	$502M
Capital Expenditure	-$342M
Acquisitions (Net)	$38M
Purchases of Investments	-$884M
Sales/Maturities of Investments	$972M
Other Investing Activities	$24M
NET CASH FROM INVESTING	-$166M
Net Debt Issuance	$94M
Common Stock Repurchased	$0
Common Dividends Paid	-$163M
Other Financing Activities	-$531M
NET CASH FROM FINANCING	-$139M
FREE CASH FLOW	$160M
Net Change in Cash	$123M

Balance Sheet

Item	Amount
Cash & Equivalents	$2.0B
Short-Term Investments	$0
Net Receivables	$2.9B
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$5.0B
PP&E (Net)	$976M
Goodwill	$159M
Intangible Assets	$0
Long-Term Investments	$17.8B
Tax Assets	$0
Other Non-Current Assets	$3.4B
TOTAL NON-CURRENT ASSETS	$22.3B
TOTAL ASSETS	$27.3B
Account Payables	$791M
Short-Term Debt	$13M
Deferred Revenue	$0
Other Current Liabilities	$17.9B
TOTAL CURRENT LIABILITIES	$18.8B
Long-Term Debt	$4.8B
Deferred Revenue NC	$73M
Deferred Tax Liabilities	$50M
Other Non-Current Liabilities	$306M
TOTAL NON-CURRENT LIABILITIES	$5.3B
TOTAL LIABILITIES	$24.1B
Common Stock	$86M
Additional Paid-In Capital	$0
Retained Earnings	$2.9B
Treasury Stock	$0
Accum. Other Comp. Income	$7M
Other Equity	$193M
TOTAL STOCKHOLDERS' EQUITY	$3.2B
Minority Interest	$0
TOTAL EQUITY	$3.2B
TOTAL LIABILITIES & EQUITY	$27.3B
Total Debt	$4.8B
Net Debt	$2.8B