CNR FY 2007 Earnings Report — Core Natural Resources, Inc. Revenue & Financial Results | Market Cap Arena

Core Natural Resources, Inc.CNR

FY 2007 Earnings

Reported December 21, 2007

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	$1.6B	—	$1.6B	—	3.4%
Op. Income	$134M	—	$144M	—	-7.2%
Gross Margin	24.8%	—	24.4%	—	0.4pp
Net Margin	3.9%	—	4.7%	—	-0.8pp
EPS (Diluted)	$15.32	—	$17.24	—	-11.1%
Free Cash Flow	$96M	—	$94M	—	1.2%

Revenue Flow

Item	Amount
REVENUE	$1.6B
Cost of Revenue	$1.2B
GROSS PROFIT	$403M
R&D Expenses	$0
Selling & Marketing	-$29.0K
General & Administrative	$272M
SG&A Expenses	$272M
Other Expenses	-$71.0K
Operating Expenses	$272M
Cost & Expenses	$1.5B
OPERATING INCOME	$134M
Interest Income	$0
Interest Expense	$29M
Other Income/Expenses	-$29M
INCOME BEFORE TAX	$105M
Income Tax Expense	$41M
Net Income from Continuing Ops	$64M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$64M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$64M
D&A	$36M
EBIT	$134M
EBITDA	$169M
EPS	$16
EPS Diluted	$15

Income Statement

Item	Amount
REVENUE	$1.6B
Cost of Revenue	$1.2B
GROSS PROFIT	$403M
R&D Expenses	$0
Selling & Marketing	-$29.0K
General & Administrative	$272M
SG&A Expenses	$272M
Other Expenses	-$71.0K
Operating Expenses	$272M
Cost & Expenses	$1.5B
OPERATING INCOME	$134M
Interest Income	$0
Interest Expense	$29M
Other Income/Expenses	-$29M
INCOME BEFORE TAX	$105M
Income Tax Expense	$41M
Net Income from Continuing Ops	$64M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$64M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$64M
D&A	$36M
EBIT	$134M
EBITDA	$169M
EPS	$16
EPS Diluted	$15

Cash Flow Statement

Item	Amount
Net Income	$64M
Depreciation & Amortization	$36M
Stock-Based Compensation	$0
Deferred Income Tax	-$7M
Other Non-Cash Items	$9M
Change in Working Capital	$37M
OPERATING CASH FLOW	$138M
Capital Expenditure	-$42M
Acquisitions (Net)	-$20M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$6M
NET CASH FROM INVESTING	-$56M
Net Debt Issuance	$0
Common Stock Repurchased	-$36M
Common Dividends Paid	$0
Other Financing Activities	-$32M
NET CASH FROM FINANCING	-$32M
FREE CASH FLOW	$96M
Net Change in Cash	$50M

Balance Sheet

Item	Amount
Cash & Equivalents	$75M
Short-Term Investments	$0
Net Receivables	$158M
Inventory	$138M
Other Current Assets	$40M
TOTAL CURRENT ASSETS	$411M
PP&E (Net)	$262M
Goodwill	$616M
Intangible Assets	$44M
Long-Term Investments	$0
Tax Assets	$44M
Other Non-Current Assets	-$34M
TOTAL NON-CURRENT ASSETS	$932M
TOTAL ASSETS	$1.3B
Account Payables	$130M
Short-Term Debt	$22M
Deferred Revenue	$23M
Other Current Liabilities	$106M
TOTAL CURRENT LIABILITIES	$282M
Long-Term Debt	$475M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$47M
TOTAL NON-CURRENT LIABILITIES	$522M
TOTAL LIABILITIES	$803M
Common Stock	$200.0K
Additional Paid-In Capital	$0
Retained Earnings	$462M
Treasury Stock	$0
Accum. Other Comp. Income	$357.0K
Other Equity	$77M
TOTAL STOCKHOLDERS' EQUITY	$540M
Minority Interest	$0
TOTAL EQUITY	$540M
TOTAL LIABILITIES & EQUITY	$1.3B
Total Debt	$497M
Net Debt	$422M