HMC FY 2007 Earnings Report — Honda Motor Co., Ltd. Revenue & Financial Results | Market Cap Arena

Honda Motor Co., Ltd.HMC

FY 2007 Earnings

Reported July 18, 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	$69.5B	—	$62.1B	—	11.9%
Op. Income	$5.3B	—	$5.4B	—	-1.9%
Gross Margin	29.1%	—	29.2%	—	-0.2pp
Net Margin	5.3%	—	6.0%	—	-0.7pp
EPS (Diluted)	$2.03	—	$2.03	—	-0.1%
Free Cash Flow	$1.9B	—	$730M	—	163.2%

Revenue Flow

Item	Amount
REVENUE	$69.5B
Cost of Revenue	$49.3B
GROSS PROFIT	$20.2B
R&D Expenses	$3.5B
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$11.4B
Other Expenses	$738.1K
Operating Expenses	$14.8B
Cost & Expenses	$64.1B
OPERATING INCOME	$5.3B
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	-$370M
INCOME BEFORE TAX	$5.0B
Income Tax Expense	$1.8B
Net Income from Continuing Ops	$3.2B
Net Income from Discontinued Ops	$522M
Other Adjustments	$126M
NET INCOME	$3.7B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$3.7B
D&A	$2.3B
EBIT	$5.3B
EBITDA	$7.7B
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$69.5B
Cost of Revenue	$49.3B
GROSS PROFIT	$20.2B
R&D Expenses	$3.5B
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$11.4B
Other Expenses	$738.1K
Operating Expenses	$14.8B
Cost & Expenses	$64.1B
OPERATING INCOME	$5.3B
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	-$370M
INCOME BEFORE TAX	$5.0B
Income Tax Expense	$1.8B
Net Income from Continuing Ops	$3.2B
Net Income from Discontinued Ops	$522M
Other Adjustments	$126M
NET INCOME	$3.7B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$3.7B
D&A	$2.3B
EBIT	$5.3B
EBITDA	$7.7B
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$3.7B
Depreciation & Amortization	$2.3B
Stock-Based Compensation	$0
Deferred Income Tax	-$103M
Other Non-Cash Items	$414M
Change in Working Capital	-$682M
OPERATING CASH FLOW	$5.7B
Capital Expenditure	-$3.7B
Acquisitions (Net)	-$1.5B
Purchases of Investments	-$1.0B
Sales/Maturities of Investments	$1.4B
Other Investing Activities	-$2.2B
NET CASH FROM INVESTING	-$7.1B
Net Debt Issuance	$3.7B
Common Stock Repurchased	-$168M
Common Dividends Paid	-$880M
Other Financing Activities	$511.2K
NET CASH FROM FINANCING	$2.7B
FREE CASH FLOW	$1.9B
Net Change in Cash	$1.4B

Balance Sheet

Item	Amount
Cash & Equivalents	$5.9B
Short-Term Investments	$0
Net Receivables	$15.5B
Inventory	$7.4B
Other Current Assets	$3.6B
TOTAL CURRENT ASSETS	$32.9B
PP&E (Net)	$13.0B
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$29.5B
TOTAL NON-CURRENT ASSETS	$42.5B
TOTAL ASSETS	$75.4B
Account Payables	$7.1B
Short-Term Debt	$13.0B
Deferred Revenue	$5.1B
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$26.9B
Long-Term Debt	$11.9B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$7.8B
TOTAL NON-CURRENT LIABILITIES	$19.7B
TOTAL LIABILITIES	$46.6B
Common Stock	$540M
Additional Paid-In Capital	$1.1B
Retained Earnings	$29.2B
Treasury Stock	-$260M
Accum. Other Comp. Income	-$2.4B
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$28.1B
Minority Interest	$770M
TOTAL EQUITY	$28.9B
TOTAL LIABILITIES & EQUITY	$75.4B
Total Debt	$24.9B
Net Debt	$19.0B