EMBJ FY 2012 Earnings Report — Embraer S.A. Revenue & Financial Results | Market Cap Arena

Embraer S.A.EMBJ

FY 2012 Earnings

Reported December 30, 2012

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2012	Prior Q	FY 2011	QoQ Change	YoY Change
Revenue	$2.3B	—	—	—	—
Op. Income	$219M	—	—	—	—
Gross Margin	24.2%	—	—	—	—
Net Margin	5.6%	—	—	—	—
EPS (Diluted)	$0.72	—	—	—	—
Free Cash Flow	$0	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$2.3B
Cost of Revenue	$1.8B
GROSS PROFIT	$561M
R&D Expenses	$29M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$286M
Other Expenses	$246M
Operating Expenses	$561M
Cost & Expenses	$2.3B
OPERATING INCOME	$219M
Interest Income	$0
Interest Expense	$47M
Other Income/Expenses	$12M
INCOME BEFORE TAX	$231M
Income Tax Expense	$100M
Net Income from Continuing Ops	$131M
Net Income from Discontinued Ops	$0
Other Adjustments	-$301.0K
NET INCOME	$131M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$131M
D&A	$0
EBIT	$383M
EBITDA	$383M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$2.3B
Cost of Revenue	$1.8B
GROSS PROFIT	$561M
R&D Expenses	$29M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$286M
Other Expenses	$246M
Operating Expenses	$561M
Cost & Expenses	$2.3B
OPERATING INCOME	$219M
Interest Income	$0
Interest Expense	$47M
Other Income/Expenses	$12M
INCOME BEFORE TAX	$231M
Income Tax Expense	$100M
Net Income from Continuing Ops	$131M
Net Income from Discontinued Ops	$0
Other Adjustments	-$301.0K
NET INCOME	$131M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$131M
D&A	$0
EBIT	$383M
EBITDA	$383M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$131M
Depreciation & Amortization	$0
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	-$131M
Change in Working Capital	$0
OPERATING CASH FLOW	$0
Capital Expenditure	$0
Acquisitions (Net)	-$8M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$131M
NET CASH FROM INVESTING	$0
Net Debt Issuance	$176M
Common Stock Repurchased	$0
Common Dividends Paid	-$22M
Other Financing Activities	-$17M
NET CASH FROM FINANCING	$159M
FREE CASH FLOW	$0
Net Change in Cash	$0

Balance Sheet

Item	Amount
Cash & Equivalents	$676M
Short-Term Investments	$218M
Net Receivables	$203M
Inventory	$794M
Other Current Assets	$126M
TOTAL CURRENT ASSETS	$2.0B
PP&E (Net)	$654M
Goodwill	$15M
Intangible Assets	$346M
Long-Term Investments	$21M
Tax Assets	$0
Other Non-Current Assets	$876M
TOTAL NON-CURRENT ASSETS	$1.6B
TOTAL ASSETS	$3.6B
Account Payables	$285M
Short-Term Debt	$131M
Deferred Revenue	$389M
Other Current Liabilities	$530M
TOTAL CURRENT LIABILITIES	$1.0B
Long-Term Debt	$797M
Deferred Revenue NC	$78M
Deferred Tax Liabilities	$10M
Other Non-Current Liabilities	$372M
TOTAL NON-CURRENT LIABILITIES	$1.3B
TOTAL LIABILITIES	$2.3B
Common Stock	$0
Additional Paid-In Capital	$541M
Retained Earnings	$0
Treasury Stock	-$58M
Accum. Other Comp. Income	$735M
Other Equity	$8M
TOTAL STOCKHOLDERS' EQUITY	$1.2B
Minority Interest	$0
TOTAL EQUITY	$1.2B
TOTAL LIABILITIES & EQUITY	$3.5B
Total Debt	$928M
Net Debt	$252M