CNK FY 2007 Earnings Report — Cinemark Holdings, Inc. Revenue & Financial Results | Market Cap Arena

Cinemark Holdings, Inc.CNK

FY 2007 Earnings

Reported March 28, 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	$1.7B	—	$1.2B	—	37.9%
Op. Income	$113M	—	$127M	—	-11.3%
Gross Margin	25.8%	—	27.1%	—	-1.3pp
Net Margin	5.3%	—	0.1%	—	5.2pp
EPS (Diluted)	$0.85	—	$0.01	—	8400.0%
Free Cash Flow	$130M	—	$49M	—	167.0%

Revenue Flow

Item	Amount
REVENUE	$1.7B
Cost of Revenue	$1.2B
GROSS PROFIT	$435M
R&D Expenses	$0
Selling & Marketing	-$5M
General & Administrative	$85M
SG&A Expenses	$80M
Other Expenses	$242M
Operating Expenses	$322M
Cost & Expenses	$1.6B
OPERATING INCOME	$113M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	$88M
INCOME BEFORE TAX	$201M
Income Tax Expense	$112M
Net Income from Continuing Ops	$90M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$89M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$89M
D&A	$154M
EBIT	$113M
EBITDA	$267M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$1.7B
Cost of Revenue	$1.2B
GROSS PROFIT	$435M
R&D Expenses	$0
Selling & Marketing	-$5M
General & Administrative	$85M
SG&A Expenses	$80M
Other Expenses	$242M
Operating Expenses	$322M
Cost & Expenses	$1.6B
OPERATING INCOME	$113M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	$88M
INCOME BEFORE TAX	$201M
Income Tax Expense	$112M
Net Income from Continuing Ops	$90M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$89M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$89M
D&A	$154M
EBIT	$113M
EBITDA	$267M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$89M
Depreciation & Amortization	$154M
Stock-Based Compensation	$6.1K
Deferred Income Tax	-$35M
Other Non-Cash Items	-$97M
Change in Working Capital	$164M
OPERATING CASH FLOW	$276M
Capital Expenditure	-$146M
Acquisitions (Net)	$0
Purchases of Investments	-$2M
Sales/Maturities of Investments	$0
Other Investing Activities	$241M
NET CASH FROM INVESTING	$93M
Net Debt Issuance	-$398M
Common Stock Repurchased	$0
Common Dividends Paid	-$33M
Other Financing Activities	-$2M
NET CASH FROM FINANCING	-$184M
FREE CASH FLOW	$130M
Net Change in Cash	$191M

Balance Sheet

Item	Amount
Cash & Equivalents	$338M
Short-Term Investments	$0
Net Receivables	$54M
Inventory	$7M
Other Current Assets	$5M
TOTAL CURRENT ASSETS	$414M
PP&E (Net)	$1.3B
Goodwill	$1.1B
Intangible Assets	$353M
Long-Term Investments	$4M
Tax Assets	$5M
Other Non-Current Assets	$72M
TOTAL NON-CURRENT ASSETS	$2.9B
TOTAL ASSETS	$3.3B
Account Payables	$51M
Short-Term Debt	$14M
Deferred Revenue	$173M
Other Current Liabilities	-$23M
TOTAL CURRENT LIABILITIES	$218M
Long-Term Debt	$1.5B
Deferred Revenue NC	$36M
Deferred Tax Liabilities	$168M
Other Non-Current Liabilities	$207M
TOTAL NON-CURRENT LIABILITIES	$2.0B
TOTAL LIABILITIES	$2.3B
Common Stock	$107.0K
Additional Paid-In Capital	$939M
Retained Earnings	$47M
Treasury Stock	$0
Accum. Other Comp. Income	$33M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.0B
Minority Interest	$16M
TOTAL EQUITY	$1.0B
TOTAL LIABILITIES & EQUITY	$3.3B
Total Debt	$1.6B
Net Debt	$1.3B