EPC FY 2009 Earnings Report — Edgewell Personal Care Company Revenue & Financial Results | Market Cap Arena

Edgewell Personal Care CompanyEPC

FY 2009 Earnings

Reported December 3, 2009

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2009	Prior Q	FY 2008	QoQ Change	YoY Change
Revenue	$4.0B	—	$4.3B	—	-7.6%
Op. Income	$611M	—	$665M	—	-8.1%
Gross Margin	46.5%	—	47.0%	—	-0.6pp
Net Margin	7.4%	—	7.6%	—	-0.2pp
EPS (Diluted)	$4.72	—	$5.59	—	-15.6%
Free Cash Flow	$350M	—	$307M	—	14.0%

Revenue Flow

Item	Amount
REVENUE	$4.0B
Cost of Revenue	$2.1B
GROSS PROFIT	$1.9B
R&D Expenses	$91M
Selling & Marketing	$415M
General & Administrative	$743M
SG&A Expenses	$1.2B
Other Expenses	$611M
Operating Expenses	$1.9B
Cost & Expenses	$4.0B
OPERATING INCOME	$611M
Interest Income	$0
Interest Expense	$145M
Other Income/Expenses	-$166M
INCOME BEFORE TAX	$445M
Income Tax Expense	$148M
Net Income from Continuing Ops	$298M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$298M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$298M
D&A	$130M
EBIT	$590M
EBITDA	$720M
EPS	$5
EPS Diluted	$5

Income Statement

Item	Amount
REVENUE	$4.0B
Cost of Revenue	$2.1B
GROSS PROFIT	$1.9B
R&D Expenses	$91M
Selling & Marketing	$415M
General & Administrative	$743M
SG&A Expenses	$1.2B
Other Expenses	$611M
Operating Expenses	$1.9B
Cost & Expenses	$4.0B
OPERATING INCOME	$611M
Interest Income	$0
Interest Expense	$145M
Other Income/Expenses	-$166M
INCOME BEFORE TAX	$445M
Income Tax Expense	$148M
Net Income from Continuing Ops	$298M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$298M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$298M
D&A	$130M
EBIT	$590M
EBITDA	$720M
EPS	$5
EPS Diluted	$5

Cash Flow Statement

Item	Amount
Net Income	$298M
Depreciation & Amortization	$130M
Stock-Based Compensation	$0
Deferred Income Tax	-$8M
Other Non-Cash Items	$58M
Change in Working Capital	$11M
OPERATING CASH FLOW	$489M
Capital Expenditure	-$140M
Acquisitions (Net)	-$275M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$3M
NET CASH FROM INVESTING	-$412M
Net Debt Issuance	-$408M
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$3M
NET CASH FROM FINANCING	$111M
FREE CASH FLOW	$350M
Net Change in Cash	$188M

Balance Sheet

Item	Amount
Cash & Equivalents	$359M
Short-Term Investments	$0
Net Receivables	$864M
Inventory	$667M
Other Current Assets	$154M
TOTAL CURRENT ASSETS	$2.1B
PP&E (Net)	$863M
Goodwill	$1.3B
Intangible Assets	$1.8B
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$45M
TOTAL NON-CURRENT ASSETS	$4.0B
TOTAL ASSETS	$6.1B
Account Payables	$232M
Short-Term Debt	$270M
Deferred Revenue	$374M
Other Current Liabilities	$566M
TOTAL CURRENT LIABILITIES	$1.2B
Long-Term Debt	$2.3B
Deferred Revenue NC	$421M
Deferred Tax Liabilities	$451M
Other Non-Current Liabilities	$67M
TOTAL NON-CURRENT LIABILITIES	$3.2B
TOTAL LIABILITIES	$4.4B
Common Stock	$1M
Additional Paid-In Capital	$1.6B
Retained Earnings	$2.0B
Treasury Stock	-$1.7B
Accum. Other Comp. Income	-$55M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.8B
Minority Interest	$0
TOTAL EQUITY	$1.8B
TOTAL LIABILITIES & EQUITY	$6.1B
Total Debt	$2.6B
Net Debt	$2.2B