IHS FY 2011 Earnings Report — IHS Holding Limited Revenue & Financial Results | Market Cap Arena

IHS Holding LimitedIHS

FY 2011 Earnings

Reported January 23, 2012

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2011	Prior Q	FY 2010	QoQ Change	YoY Change
Revenue	$1.3B	—	$1.1B	—	23.3%
Op. Income	$172M	—	$187M	—	-7.6%
Gross Margin	57.9%	—	57.4%	—	0.4pp
Net Margin	10.2%	—	13.1%	—	-2.9pp
EPS (Diluted)	$2.06	—	$2.18	—	-5.5%
Free Cash Flow	$288M	—	$234M	—	22.8%

Revenue Flow

Item	Amount
REVENUE	$1.3B
Cost of Revenue	$558M
GROSS PROFIT	$767M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$453M
SG&A Expenses	$453M
Other Expenses	$700M
Operating Expenses	$1.2B
Cost & Expenses	$1.7B
OPERATING INCOME	$172M
Interest Income	$0
Interest Expense	$11M
Other Income/Expenses	-$10M
INCOME BEFORE TAX	$162M
Income Tax Expense	$27M
Net Income from Continuing Ops	$135M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$135M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$135M
D&A	$88M
EBIT	$173M
EBITDA	$261M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$1.3B
Cost of Revenue	$558M
GROSS PROFIT	$767M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$453M
SG&A Expenses	$453M
Other Expenses	$700M
Operating Expenses	$1.2B
Cost & Expenses	$1.7B
OPERATING INCOME	$172M
Interest Income	$0
Interest Expense	$11M
Other Income/Expenses	-$10M
INCOME BEFORE TAX	$162M
Income Tax Expense	$27M
Net Income from Continuing Ops	$135M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$135M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$135M
D&A	$88M
EBIT	$173M
EBITDA	$261M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$135M
Depreciation & Amortization	$88M
Stock-Based Compensation	$86M
Deferred Income Tax	-$2M
Other Non-Cash Items	$127M
Change in Working Capital	-$93M
OPERATING CASH FLOW	$342M
Capital Expenditure	-$54M
Acquisitions (Net)	-$730M
Purchases of Investments	-$32M
Sales/Maturities of Investments	$0
Other Investing Activities	$23M
NET CASH FROM INVESTING	-$793M
Net Debt Issuance	$0
Common Stock Repurchased	-$32M
Common Dividends Paid	$0
Other Financing Activities	$483M
NET CASH FROM FINANCING	$483M
FREE CASH FLOW	$288M
Net Change in Cash	$34M

Balance Sheet

Item	Amount
Cash & Equivalents	$235M
Short-Term Investments	$0
Net Receivables	$326M
Inventory	$0
Other Current Assets	$137M
TOTAL CURRENT ASSETS	$698M
PP&E (Net)	$128M
Goodwill	$1.7B
Intangible Assets	$515M
Long-Term Investments	$0
Tax Assets	$45M
Other Non-Current Assets	-$36M
TOTAL NON-CURRENT ASSETS	$2.4B
TOTAL ASSETS	$3.1B
Account Payables	$32M
Short-Term Debt	$145M
Deferred Revenue	$487M
Other Current Liabilities	$153M
TOTAL CURRENT LIABILITIES	$817M
Long-Term Debt	$659M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$124M
Other Non-Current Liabilities	$20M
TOTAL NON-CURRENT LIABILITIES	$803M
TOTAL LIABILITIES	$1.7B
Common Stock	$675.0K
Additional Paid-In Capital	$0
Retained Earnings	$931M
Treasury Stock	$0
Accum. Other Comp. Income	-$49M
Other Equity	$503M
TOTAL STOCKHOLDERS' EQUITY	$1.4B
Minority Interest	$0
TOTAL EQUITY	$1.4B
TOTAL LIABILITIES & EQUITY	$3.1B
Total Debt	$803M
Net Debt	$569M