CPB FY 2006 Earnings Report — Campbell Soup Company Revenue & Financial Results | Market Cap Arena

Campbell Soup CompanyCPB

FY 2006 Earnings

Reported October 11, 2006

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	$7.3B	—	—	—	—
Op. Income	$1.2B	—	—	—	—
Gross Margin	41.9%	—	—	—	—
Net Margin	10.4%	—	—	—	—
EPS (Diluted)	$1.85	—	—	—	—
Free Cash Flow	$917M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$7.3B
Cost of Revenue	$4.3B
GROSS PROFIT	$3.1B
R&D Expenses	$99M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$1.8B
Other Expenses	$0
Operating Expenses	$1.9B
Cost & Expenses	$6.2B
OPERATING INCOME	$1.2B
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	-$155M
INCOME BEFORE TAX	$1.0B
Income Tax Expense	$246M
Net Income from Continuing Ops	$755M
Net Income from Discontinued Ops	$11M
Other Adjustments	$0
NET INCOME	$766M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$766M
D&A	$289M
EBIT	$1.2B
EBITDA	$1.4B
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$7.3B
Cost of Revenue	$4.3B
GROSS PROFIT	$3.1B
R&D Expenses	$99M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$1.8B
Other Expenses	$0
Operating Expenses	$1.9B
Cost & Expenses	$6.2B
OPERATING INCOME	$1.2B
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	-$155M
INCOME BEFORE TAX	$1.0B
Income Tax Expense	$246M
Net Income from Continuing Ops	$755M
Net Income from Discontinued Ops	$11M
Other Adjustments	$0
NET INCOME	$766M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$766M
D&A	$289M
EBIT	$1.2B
EBITDA	$1.4B
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$766M
Depreciation & Amortization	$289M
Stock-Based Compensation	$0
Deferred Income Tax	$29M
Other Non-Cash Items	-$6M
Change in Working Capital	$148M
OPERATING CASH FLOW	$1.2B
Capital Expenditure	-$309M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$15M
NET CASH FROM INVESTING	-$294M
Net Debt Issuance	$233M
Common Stock Repurchased	-$506M
Common Dividends Paid	-$292M
Other Financing Activities	$11M
NET CASH FROM FINANCING	-$318M
FREE CASH FLOW	$917M
Net Change in Cash	$657M

Balance Sheet

Item	Amount
Cash & Equivalents	$657M
Short-Term Investments	$0
Net Receivables	$494M
Inventory	$728M
Other Current Assets	$233M
TOTAL CURRENT ASSETS	$2.1B
PP&E (Net)	$2.0B
Goodwill	$1.8B
Intangible Assets	$596M
Long-Term Investments	$0
Tax Assets	$1M
Other Non-Current Assets	$1.3B
TOTAL NON-CURRENT ASSETS	$5.6B
TOTAL ASSETS	$7.7B
Account Payables	$691M
Short-Term Debt	$1.1B
Deferred Revenue	$0
Other Current Liabilities	$152M
TOTAL CURRENT LIABILITIES	$2.9B
Long-Term Debt	$2.1B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$419M
Other Non-Current Liabilities	$561M
TOTAL NON-CURRENT LIABILITIES	$3.1B
TOTAL LIABILITIES	$6.0B
Common Stock	$20M
Additional Paid-In Capital	$352M
Retained Earnings	$6.5B
Treasury Stock	-$5.1B
Accum. Other Comp. Income	$4M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.8B
Minority Interest	$0
TOTAL EQUITY	$1.8B
TOTAL LIABILITIES & EQUITY	$7.7B
Total Debt	$3.2B
Net Debt	$2.6B