CNR FY 2014 Earnings Report — Core Natural Resources, Inc. Revenue & Financial Results | Market Cap Arena

Core Natural Resources, Inc.CNR

FY 2014 Earnings

Reported December 22, 2014

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2014	Prior Q	FY 2013	QoQ Change	YoY Change
Revenue	$1.7B	—	$1.3B	—	28.5%
Op. Income	$262M	—	-$766.0K	—	34354.4%
Gross Margin	86.3%	—	21.0%	—	65.3pp
Net Margin	17.3%	—	-1.0%	—	18.3pp
EPS (Diluted)	$6.21	—	$-0.29	—	2241.4%
Free Cash Flow	$195M	—	$40M	—	390.2%

Revenue Flow

Item	Amount
REVENUE	$1.7B
Cost of Revenue	$230M
GROSS PROFIT	$1.5B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$79M
Other Expenses	$1.1B
Operating Expenses	$1.2B
Cost & Expenses	$1.4B
OPERATING INCOME	$262M
Interest Income	$135.0K
Interest Expense	$0
Other Income/Expenses	$150M
INCOME BEFORE TAX	$412M
Income Tax Expense	$121M
Net Income from Continuing Ops	$291M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$291M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$291M
D&A	$207M
EBIT	$412M
EBITDA	$619M
EPS	$6
EPS Diluted	$6

Income Statement

Item	Amount
REVENUE	$1.7B
Cost of Revenue	$230M
GROSS PROFIT	$1.5B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$79M
Other Expenses	$1.1B
Operating Expenses	$1.2B
Cost & Expenses	$1.4B
OPERATING INCOME	$262M
Interest Income	$135.0K
Interest Expense	$0
Other Income/Expenses	$150M
INCOME BEFORE TAX	$412M
Income Tax Expense	$121M
Net Income from Continuing Ops	$291M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$291M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$291M
D&A	$207M
EBIT	$412M
EBITDA	$619M
EPS	$6
EPS Diluted	$6

Cash Flow Statement

Item	Amount
Net Income	$291M
Depreciation & Amortization	$0
Stock-Based Compensation	$20M
Deferred Income Tax	$41M
Other Non-Cash Items	$181M
Change in Working Capital	$11M
OPERATING CASH FLOW	$544M
Capital Expenditure	-$349M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$221M
NET CASH FROM INVESTING	-$128M
Net Debt Issuance	$6M
Common Stock Repurchased	$0
Common Dividends Paid	-$422M
Other Financing Activities	$0
NET CASH FROM FINANCING	-$416M
FREE CASH FLOW	$195M
Net Change in Cash	-$130.0K

Balance Sheet

Item	Amount
Cash & Equivalents	$67M
Short-Term Investments	$6M
Net Receivables	$137M
Inventory	$132M
Other Current Assets	$50M
TOTAL CURRENT ASSETS	$391M
PP&E (Net)	$245M
Goodwill	$75M
Intangible Assets	$45M
Long-Term Investments	$0
Tax Assets	$20M
Other Non-Current Assets	-$17M
TOTAL NON-CURRENT ASSETS	$368M
TOTAL ASSETS	$759M
Account Payables	$0
Short-Term Debt	$3M
Deferred Revenue	$21M
Other Current Liabilities	$103M
TOTAL CURRENT LIABILITIES	$246M
Long-Term Debt	$233M
Deferred Revenue NC	-$111M
Deferred Tax Liabilities	$20M
Other Non-Current Liabilities	$124M
TOTAL NON-CURRENT LIABILITIES	$266M
TOTAL LIABILITIES	$512M
Common Stock	$700.0K
Additional Paid-In Capital	$0
Retained Earnings	-$372M
Treasury Stock	$0
Accum. Other Comp. Income	-$9M
Other Equity	$626M
TOTAL STOCKHOLDERS' EQUITY	$247M
Minority Interest	$0
TOTAL EQUITY	$247M
TOTAL LIABILITIES & EQUITY	$759M
Total Debt	$236M
Net Debt	$169M