DINO FY 2006 Earnings Report — HF Sinclair Corporation Revenue & Financial Results | Market Cap Arena

HF Sinclair CorporationDINO

FY 2006 Earnings

Reported December 31, 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	$4.0B	—	—	—	—
Op. Income	$362M	—	—	—	—
Gross Margin	11.6%	—	—	—	—
Net Margin	6.6%	—	—	—	—
EPS (Diluted)	$2.29	—	—	—	—
Free Cash Flow	$125M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$4.0B
Cost of Revenue	$3.6B
GROSS PROFIT	$465M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$63M
Other Expenses	$40M
Operating Expenses	$103M
Cost & Expenses	$3.7B
OPERATING INCOME	$362M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	$22M
INCOME BEFORE TAX	$384M
Income Tax Expense	$137M
Net Income from Continuing Ops	$247M
Net Income from Discontinued Ops	$0
Other Adjustments	$20M
NET INCOME	$267M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$267M
D&A	$40M
EBIT	$385M
EBITDA	$424M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$4.0B
Cost of Revenue	$3.6B
GROSS PROFIT	$465M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$63M
Other Expenses	$40M
Operating Expenses	$103M
Cost & Expenses	$3.7B
OPERATING INCOME	$362M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	$22M
INCOME BEFORE TAX	$384M
Income Tax Expense	$137M
Net Income from Continuing Ops	$247M
Net Income from Discontinued Ops	$0
Other Adjustments	$20M
NET INCOME	$267M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$267M
D&A	$40M
EBIT	$385M
EBITDA	$424M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$267M
Depreciation & Amortization	$40M
Stock-Based Compensation	$0
Deferred Income Tax	$8M
Other Non-Cash Items	$6M
Change in Working Capital	-$48M
OPERATING CASH FLOW	$245M
Capital Expenditure	-$120M
Acquisitions (Net)	$49M
Purchases of Investments	-$212M
Sales/Maturities of Investments	$319M
Other Investing Activities	$0
NET CASH FROM INVESTING	$36M
Net Debt Issuance	$0
Common Stock Repurchased	-$175M
Common Dividends Paid	-$15M
Other Financing Activities	$12M
NET CASH FROM FINANCING	-$176M
FREE CASH FLOW	$125M
Net Change in Cash	$105M

Balance Sheet

Item	Amount
Cash & Equivalents	$154M
Short-Term Investments	$96M
Net Receivables	$407M
Inventory	$130M
Other Current Assets	$355.0K
TOTAL CURRENT ASSETS	$807M
PP&E (Net)	$405M
Goodwill	$0
Intangible Assets	$15M
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$10M
TOTAL NON-CURRENT ASSETS	$431M
TOTAL ASSETS	$1.2B
Account Payables	$508M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$654.0K
TOTAL CURRENT LIABILITIES	$559M
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$21M
Other Non-Current Liabilities	$192M
TOTAL NON-CURRENT LIABILITIES	$212M
TOTAL LIABILITIES	$772M
Common Stock	$718.0K
Additional Paid-In Capital	$67M
Retained Earnings	$746M
Treasury Stock	-$336M
Accum. Other Comp. Income	-$11M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$466M
Minority Interest	$0
TOTAL EQUITY	$466M
TOTAL LIABILITIES & EQUITY	$1.2B
Total Debt	$0
Net Debt	-$154M