IHS FY 2010 Earnings Report — IHS Holding Limited Revenue & Financial Results | Market Cap Arena

IHS Holding LimitedIHS

FY 2010 Earnings

Reported January 14, 2011

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2010	Prior Q	FY 2009	QoQ Change	YoY Change
Revenue	$1.1B	—	$967M	—	11.2%
Op. Income	$187M	—	$180M	—	3.9%
Gross Margin	57.4%	—	57.6%	—	-0.2pp
Net Margin	13.1%	—	14.0%	—	-0.8pp
EPS (Diluted)	$2.18	—	$2.11	—	3.3%
Free Cash Flow	$234M	—	$207M	—	13.2%

Revenue Flow

Item	Amount
REVENUE	$1.1B
Cost of Revenue	$458M
GROSS PROFIT	$618M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$358M
SG&A Expenses	$358M
Other Expenses	$0
Operating Expenses	$358M
Cost & Expenses	$816M
OPERATING INCOME	$187M
Interest Income	$0
Interest Expense	$2M
Other Income/Expenses	-$1M
INCOME BEFORE TAX	$185M
Income Tax Expense	$44M
Net Income from Continuing Ops	$141M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$141M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$141M
D&A	$59M
EBIT	$187M
EBITDA	$247M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$1.1B
Cost of Revenue	$458M
GROSS PROFIT	$618M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$358M
SG&A Expenses	$358M
Other Expenses	$0
Operating Expenses	$358M
Cost & Expenses	$816M
OPERATING INCOME	$187M
Interest Income	$0
Interest Expense	$2M
Other Income/Expenses	-$1M
INCOME BEFORE TAX	$185M
Income Tax Expense	$44M
Net Income from Continuing Ops	$141M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$141M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$141M
D&A	$59M
EBIT	$187M
EBITDA	$247M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$141M
Depreciation & Amortization	$59M
Stock-Based Compensation	$66M
Deferred Income Tax	$3M
Other Non-Cash Items	-$115M
Change in Working Capital	$110M
OPERATING CASH FLOW	$266M
Capital Expenditure	-$32M
Acquisitions (Net)	-$335M
Purchases of Investments	-$26M
Sales/Maturities of Investments	$0
Other Investing Activities	$22M
NET CASH FROM INVESTING	-$371M
Net Debt Issuance	$0
Common Stock Repurchased	-$26M
Common Dividends Paid	$0
Other Financing Activities	$182M
NET CASH FROM FINANCING	$182M
FREE CASH FLOW	$234M
Net Change in Cash	$77M

Balance Sheet

Item	Amount
Cash & Equivalents	$201M
Short-Term Investments	$0
Net Receivables	$257M
Inventory	$0
Other Current Assets	$95M
TOTAL CURRENT ASSETS	$553M
PP&E (Net)	$93M
Goodwill	$1.1B
Intangible Assets	$385M
Long-Term Investments	$0
Tax Assets	$34M
Other Non-Current Assets	-$1.6B
TOTAL NON-CURRENT ASSETS	$1.6B
TOTAL ASSETS	$553M
Account Payables	$36M
Short-Term Debt	$19M
Deferred Revenue	$34M
Other Current Liabilities	$490M
TOTAL CURRENT LIABILITIES	$578M
Long-Term Debt	$19M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$34M
Other Non-Current Liabilities	-$19M
TOTAL NON-CURRENT LIABILITIES	$34M
TOTAL LIABILITIES	$34M
Common Stock	$0
Additional Paid-In Capital	$0
Retained Earnings	$860M
Treasury Stock	$0
Accum. Other Comp. Income	-$125M
Other Equity	-$217M
TOTAL STOCKHOLDERS' EQUITY	$519M
Minority Interest	$0
TOTAL EQUITY	$519M
TOTAL LIABILITIES & EQUITY	$553M
Total Debt	$38M
Net Debt	-$163M