CPAC FY 2010 Earnings Report — Cementos Pacasmayo S.A.A. Revenue & Financial Results | Market Cap Arena

Cementos Pacasmayo S.A.A.CPAC

FY 2010 Earnings

Reported December 30, 2010

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2010	Prior Q	FY 2009	QoQ Change	YoY Change
Revenue	$260M	—	$219M	—	18.7%
Op. Income	$97M	—	$66M	—	48.4%
Gross Margin	46.7%	—	46.4%	—	0.3pp
Net Margin	24.9%	—	19.5%	—	5.3pp
EPS (Diluted)	$0.87	—	$0.57	—	51.0%
Free Cash Flow	$20M	—	$26M	—	-22.4%

Revenue Flow

Item	Amount
REVENUE	$260M
Cost of Revenue	$139M
GROSS PROFIT	$121M
R&D Expenses	$0
Selling & Marketing	$5M
General & Administrative	$44M
SG&A Expenses	$49M
Other Expenses	-$3M
Operating Expenses	$46M
Cost & Expenses	$185M
OPERATING INCOME	$97M
Interest Income	$777.6K
Interest Expense	$4M
Other Income/Expenses	-$3M
INCOME BEFORE TAX	$95M
Income Tax Expense	$30M
Net Income from Continuing Ops	$65M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$65M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$65M
D&A	$11M
EBIT	$99M
EBITDA	$110M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$260M
Cost of Revenue	$139M
GROSS PROFIT	$121M
R&D Expenses	$0
Selling & Marketing	$5M
General & Administrative	$44M
SG&A Expenses	$49M
Other Expenses	-$3M
Operating Expenses	$46M
Cost & Expenses	$185M
OPERATING INCOME	$97M
Interest Income	$777.6K
Interest Expense	$4M
Other Income/Expenses	-$3M
INCOME BEFORE TAX	$95M
Income Tax Expense	$30M
Net Income from Continuing Ops	$65M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$65M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$65M
D&A	$11M
EBIT	$99M
EBITDA	$110M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$65M
Depreciation & Amortization	$11M
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	-$18M
Change in Working Capital	-$5M
OPERATING CASH FLOW	$52M
Capital Expenditure	-$32M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$26M
NET CASH FROM INVESTING	-$6M
Net Debt Issuance	-$12M
Common Stock Repurchased	$0
Common Dividends Paid	-$21M
Other Financing Activities	$1.2K
NET CASH FROM FINANCING	-$33M
FREE CASH FLOW	$20M
Net Change in Cash	$12M

Balance Sheet

Item	Amount
Cash & Equivalents	$45M
Short-Term Investments	$0
Net Receivables	$11M
Inventory	$47M
Other Current Assets	$0
TOTAL CURRENT ASSETS	$106M
PP&E (Net)	$319M
Goodwill	$0
Intangible Assets	$28M
Long-Term Investments	$24M
Tax Assets	$3M
Other Non-Current Assets	$848.7K
TOTAL NON-CURRENT ASSETS	$267M
TOTAL ASSETS	$373M
Account Payables	$14M
Short-Term Debt	$35M
Deferred Revenue	$0
Other Current Liabilities	$10M
TOTAL CURRENT LIABILITIES	$75M
Long-Term Debt	$39M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$15M
Other Non-Current Liabilities	$1M
TOTAL NON-CURRENT LIABILITIES	$70M
TOTAL LIABILITIES	$145M
Common Stock	$121M
Additional Paid-In Capital	$0
Retained Earnings	$66M
Treasury Stock	$0
Accum. Other Comp. Income	$5M
Other Equity	$87M
TOTAL STOCKHOLDERS' EQUITY	$228M
Minority Interest	$214.0K
TOTAL EQUITY	$228M
TOTAL LIABILITIES & EQUITY	$373M
Total Debt	$89M
Net Debt	$44M