CNX FY 2006 Earnings Report — CNX Resources Corporation Revenue & Financial Results | Market Cap Arena

CNX Resources CorporationCNX

FY 2006 Earnings

Reported February 20, 2007

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2006	Prior Q	FY 2005	QoQ Change	YoY Change
Revenue	$3.7B	—	—	—	—
Op. Income	$405M	—	—	—	—
Gross Margin	32.7%	—	—	—	—
Net Margin	11.0%	—	—	—	—
EPS (Diluted)	$2.20	—	—	—	—
Free Cash Flow	-$1M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$3.7B
Cost of Revenue	$2.5B
GROSS PROFIT	$1.2B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$91M
Other Expenses	$549M
Operating Expenses	$640M
Cost & Expenses	$3.1B
OPERATING INCOME	$405M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	$146M
INCOME BEFORE TAX	$551M
Income Tax Expense	$112M
Net Income from Continuing Ops	$438M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$409M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$409M
D&A	$300M
EBIT	$576M
EBITDA	$705M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$3.7B
Cost of Revenue	$2.5B
GROSS PROFIT	$1.2B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$91M
Other Expenses	$549M
Operating Expenses	$640M
Cost & Expenses	$3.1B
OPERATING INCOME	$405M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	$146M
INCOME BEFORE TAX	$551M
Income Tax Expense	$112M
Net Income from Continuing Ops	$438M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$409M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$409M
D&A	$300M
EBIT	$576M
EBITDA	$705M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$409M
Depreciation & Amortization	$300M
Stock-Based Compensation	$23M
Deferred Income Tax	$19M
Other Non-Cash Items	$18M
Change in Working Capital	-$104M
OPERATING CASH FLOW	$665M
Capital Expenditure	-$666M
Acquisitions (Net)	-$25M
Purchases of Investments	-$31M
Sales/Maturities of Investments	$0
Other Investing Activities	$60M
NET CASH FROM INVESTING	-$662M
Net Debt Issuance	-$5M
Common Stock Repurchased	-$116M
Common Dividends Paid	-$51M
Other Financing Activities	$39M
NET CASH FROM FINANCING	-$120M
FREE CASH FLOW	-$1M
Net Change in Cash	-$117M

Balance Sheet

Item	Amount
Cash & Equivalents	$224M
Short-Term Investments	$0
Net Receivables	$356M
Inventory	$149M
Other Current Assets	$119M
TOTAL CURRENT ASSETS	$914M
PP&E (Net)	$4.0B
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$84M
Tax Assets	$508M
Other Non-Current Assets	$201M
TOTAL NON-CURRENT ASSETS	$4.7B
TOTAL ASSETS	$5.7B
Account Payables	$225M
Short-Term Debt	$60M
Deferred Revenue	$13M
Other Current Liabilities	$390M
TOTAL CURRENT LIABILITIES	$740M
Long-Term Debt	$392M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$3.2B
TOTAL NON-CURRENT LIABILITIES	$3.7B
TOTAL LIABILITIES	$4.5B
Common Stock	$2M
Additional Paid-In Capital	$922M
Retained Earnings	$601M
Treasury Stock	-$82M
Accum. Other Comp. Income	-$376M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.1B
Minority Interest	$136M
TOTAL EQUITY	$1.2B
TOTAL LIABILITIES & EQUITY	$5.7B
Total Debt	$552M
Net Debt	$328M