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

Hexcel CorporationHXL

FY 2006 Earnings

Reported February 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	$1.2B	—	—	—	—
Op. Income	$121M	—	—	—	—
Gross Margin	22.2%	—	—	—	—
Net Margin	5.5%	—	—	—	—
EPS (Diluted)	$0.69	—	—	—	—
Free Cash Flow	-$17M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$1.2B
Cost of Revenue	$928M
GROSS PROFIT	$265M
R&D Expenses	$30M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$113M
Other Expenses	$0
Operating Expenses	$144M
Cost & Expenses	$1.1B
OPERATING INCOME	$121M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	-$34M
INCOME BEFORE TAX	$94M
Income Tax Expense	$34M
Net Income from Continuing Ops	$45M
Net Income from Discontinued Ops	$1M
Other Adjustments	$20M
NET INCOME	$66M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$66M
D&A	$45M
EBIT	$103M
EBITDA	$152M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$1.2B
Cost of Revenue	$928M
GROSS PROFIT	$265M
R&D Expenses	$30M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$113M
Other Expenses	$0
Operating Expenses	$144M
Cost & Expenses	$1.1B
OPERATING INCOME	$121M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	-$34M
INCOME BEFORE TAX	$94M
Income Tax Expense	$34M
Net Income from Continuing Ops	$45M
Net Income from Discontinued Ops	$1M
Other Adjustments	$20M
NET INCOME	$66M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$66M
D&A	$45M
EBIT	$103M
EBITDA	$152M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$66M
Depreciation & Amortization	$45M
Stock-Based Compensation	$0
Deferred Income Tax	$17M
Other Non-Cash Items	$9M
Change in Working Capital	-$23M
OPERATING CASH FLOW	$103M
Capital Expenditure	-$120M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$22M
Other Investing Activities	-$300.0K
NET CASH FROM INVESTING	-$99M
Net Debt Issuance	-$8M
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$0
NET CASH FROM FINANCING	$3M
FREE CASH FLOW	-$17M
Net Change in Cash	$5M

Balance Sheet

Item	Amount
Cash & Equivalents	$26M
Short-Term Investments	$0
Net Receivables	$170M
Inventory	$172M
Other Current Assets	$66M
TOTAL CURRENT ASSETS	$426M
PP&E (Net)	$370M
Goodwill	$76M
Intangible Assets	$0
Long-Term Investments	$11M
Tax Assets	$102M
Other Non-Current Assets	$28M
TOTAL NON-CURRENT ASSETS	$587M
TOTAL ASSETS	$1.0B
Account Payables	$96M
Short-Term Debt	$3M
Deferred Revenue	$96M
Other Current Liabilities	$100M
TOTAL CURRENT LIABILITIES	$219M
Long-Term Debt	$481M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$11M
TOTAL NON-CURRENT LIABILITIES	$492M
TOTAL LIABILITIES	$711M
Common Stock	$1M
Additional Paid-In Capital	$479M
Retained Earnings	-$157M
Treasury Stock	-$20M
Accum. Other Comp. Income	-$2M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$302M
Minority Interest	$0
TOTAL EQUITY	$302M
TOTAL LIABILITIES & EQUITY	$1.0B
Total Debt	$412M
Net Debt	$387M