DIS FY 2007 Earnings Report — The Walt Disney Company Revenue & Financial Results | Market Cap Arena

The Walt Disney CompanyDIS

FY 2007 Earnings

Reported September 29, 2007

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2007	Prior Q	FY 2006	QoQ Change	YoY Change
Revenue	$35.5B	—	$33.7B	—	5.2%
Op. Income	$6.8B	—	$5.4B	—	26.6%
Gross Margin	19.1%	—	15.9%	—	3.2pp
Net Margin	13.2%	—	10.0%	—	3.2pp
EPS (Diluted)	$2.25	—	$1.64	—	37.2%
Free Cash Flow	$3.9B	—	$4.8B	—	-19.0%

Revenue Flow

Item	Amount
REVENUE	$35.5B
Cost of Revenue	$28.7B
GROSS PROFIT	$6.8B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$0
Operating Expenses	$0
Cost & Expenses	$28.7B
OPERATING INCOME	$6.8B
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	$944M
INCOME BEFORE TAX	$7.7B
Income Tax Expense	$2.9B
Net Income from Continuing Ops	$4.7B
Net Income from Discontinued Ops	$13M
Other Adjustments	$177M
NET INCOME	$4.7B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$4.7B
D&A	$1.5B
EBIT	$6.8B
EBITDA	$8.3B
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$35.5B
Cost of Revenue	$28.7B
GROSS PROFIT	$6.8B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$0
Operating Expenses	$0
Cost & Expenses	$28.7B
OPERATING INCOME	$6.8B
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	$944M
INCOME BEFORE TAX	$7.7B
Income Tax Expense	$2.9B
Net Income from Continuing Ops	$4.7B
Net Income from Discontinued Ops	$13M
Other Adjustments	$177M
NET INCOME	$4.7B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$4.7B
D&A	$1.5B
EBIT	$6.8B
EBITDA	$8.3B
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$4.7B
Depreciation & Amortization	$1.5B
Stock-Based Compensation	$0
Deferred Income Tax	-$260M
Other Non-Cash Items	$534M
Change in Working Capital	-$36M
OPERATING CASH FLOW	$5.4B
Capital Expenditure	-$1.6B
Acquisitions (Net)	-$588M
Purchases of Investments	$0
Sales/Maturities of Investments	$1.5B
Other Investing Activities	-$2M
NET CASH FROM INVESTING	-$621M
Net Debt Issuance	$2.7B
Common Stock Repurchased	-$6.9B
Common Dividends Paid	-$637M
Other Financing Activities	$78M
NET CASH FROM FINANCING	-$3.5B
FREE CASH FLOW	$3.9B
Net Change in Cash	$1.3B

Balance Sheet

Item	Amount
Cash & Equivalents	$3.7B
Short-Term Investments	$0
Net Receivables	$5.0B
Inventory	$641M
Other Current Assets	$1.5B
TOTAL CURRENT ASSETS	$11.3B
PP&E (Net)	$17.4B
Goodwill	$22.1B
Intangible Assets	$7.6B
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$2.5B
TOTAL NON-CURRENT ASSETS	$49.6B
TOTAL ASSETS	$60.9B
Account Payables	$4.0B
Short-Term Debt	$3.3B
Deferred Revenue	$0
Other Current Liabilities	$2.8B
TOTAL CURRENT LIABILITIES	$11.4B
Long-Term Debt	$11.9B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$2.6B
Other Non-Current Liabilities	$2.4B
TOTAL NON-CURRENT LIABILITIES	$17.5B
TOTAL LIABILITIES	$28.9B
Common Stock	$24.2B
Additional Paid-In Capital	$0
Retained Earnings	$24.8B
Treasury Stock	-$18.1B
Accum. Other Comp. Income	-$157M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$30.8B
Minority Interest	$1.3B
TOTAL EQUITY	$32.0B
TOTAL LIABILITIES & EQUITY	$60.9B
Total Debt	$15.4B
Net Debt	$11.8B