FMC FY 2006 Earnings Report — FMC Corporation Revenue & Financial Results | Market Cap Arena

FMC CorporationFMC

FY 2006 Earnings

Reported March 28, 2007

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	$2.3B	—	—	—	—
Op. Income	$328M	—	—	—	—
Gross Margin	30.2%	—	—	—	—
Net Margin	5.6%	—	—	—	—
EPS (Diluted)	$0.85	—	—	—	—
Free Cash Flow	$139M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$2.3B
Cost of Revenue	$1.6B
GROSS PROFIT	$709M
R&D Expenses	$97M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$285M
Other Expenses	$0
Operating Expenses	$382M
Cost & Expenses	$2.0B
OPERATING INCOME	$328M
Interest Income	$0
Interest Expense	$252M
Other Income/Expenses	-$107M
INCOME BEFORE TAX	$220M
Income Tax Expense	$68M
Net Income from Continuing Ops	$152M
Net Income from Discontinued Ops	$0
Other Adjustments	-$13M
NET INCOME	$132M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$131M
D&A	$132M
EBIT	$262M
EBITDA	$394M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$2.3B
Cost of Revenue	$1.6B
GROSS PROFIT	$709M
R&D Expenses	$97M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$285M
Other Expenses	$0
Operating Expenses	$382M
Cost & Expenses	$2.0B
OPERATING INCOME	$328M
Interest Income	$0
Interest Expense	$252M
Other Income/Expenses	-$107M
INCOME BEFORE TAX	$220M
Income Tax Expense	$68M
Net Income from Continuing Ops	$152M
Net Income from Discontinued Ops	$0
Other Adjustments	-$13M
NET INCOME	$132M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$131M
D&A	$132M
EBIT	$262M
EBITDA	$394M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$132M
Depreciation & Amortization	$132M
Stock-Based Compensation	$0
Deferred Income Tax	$57M
Other Non-Cash Items	$63M
Change in Working Capital	-$120M
OPERATING CASH FLOW	$264M
Capital Expenditure	-$125M
Acquisitions (Net)	$5M
Purchases of Investments	-$200.0K
Sales/Maturities of Investments	$12M
Other Investing Activities	-$2M
NET CASH FROM INVESTING	-$110M
Net Debt Issuance	-$119M
Common Stock Repurchased	-$92M
Common Dividends Paid	-$21M
Other Financing Activities	-$7M
NET CASH FROM FINANCING	-$199M
FREE CASH FLOW	$139M
Net Change in Cash	-$41M

Balance Sheet

Item	Amount
Cash & Equivalents	$166M
Short-Term Investments	$0
Net Receivables	$538M
Inventory	$219M
Other Current Assets	$145M
TOTAL CURRENT ASSETS	$1.1B
PP&E (Net)	$1.0B
Goodwill	$164M
Intangible Assets	$0
Long-Term Investments	$22M
Tax Assets	$331M
Other Non-Current Assets	$126M
TOTAL NON-CURRENT ASSETS	$1.7B
TOTAL ASSETS	$2.7B
Account Payables	$301M
Short-Term Debt	$106M
Deferred Revenue	$236M
Other Current Liabilities	$204M
TOTAL CURRENT LIABILITIES	$703M
Long-Term Debt	$524M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$431M
TOTAL NON-CURRENT LIABILITIES	$954M
TOTAL LIABILITIES	$1.7B
Common Stock	$5M
Additional Paid-In Capital	$426M
Retained Earnings	$1.2B
Treasury Stock	-$525M
Accum. Other Comp. Income	-$57M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.0B
Minority Interest	$59M
TOTAL EQUITY	$1.1B
TOTAL LIABILITIES & EQUITY	$2.7B
Total Debt	$630M
Net Debt	$464M