IHS FY 2012 Earnings Report — IHS Holding Limited Revenue & Financial Results | Market Cap Arena

IHS Holding LimitedIHS

FY 2012 Earnings

Reported January 18, 2013

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2012	Prior Q	FY 2011	QoQ Change	YoY Change
Revenue	$1.5B	—	$1.3B	—	15.4%
Op. Income	$207M	—	$172M	—	20.2%
Gross Margin	59.2%	—	57.9%	—	1.3pp
Net Margin	10.3%	—	10.2%	—	0.1pp
EPS (Diluted)	$2.37	—	$2.06	—	15.0%
Free Cash Flow	$250M	—	$288M	—	-13.2%

Revenue Flow

Item	Amount
REVENUE	$1.5B
Cost of Revenue	$625M
GROSS PROFIT	$905M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$534M
SG&A Expenses	$534M
Other Expenses	$789M
Operating Expenses	$1.3B
Cost & Expenses	$1.9B
OPERATING INCOME	$207M
Interest Income	$0
Interest Expense	$21M
Other Income/Expenses	-$20M
INCOME BEFORE TAX	$188M
Income Tax Expense	$30M
Net Income from Continuing Ops	$158M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$158M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$158M
D&A	$118M
EBIT	$208M
EBITDA	$327M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$1.5B
Cost of Revenue	$625M
GROSS PROFIT	$905M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$534M
SG&A Expenses	$534M
Other Expenses	$789M
Operating Expenses	$1.3B
Cost & Expenses	$1.9B
OPERATING INCOME	$207M
Interest Income	$0
Interest Expense	$21M
Other Income/Expenses	-$20M
INCOME BEFORE TAX	$188M
Income Tax Expense	$30M
Net Income from Continuing Ops	$158M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$158M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$158M
D&A	$118M
EBIT	$208M
EBITDA	$327M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$158M
Depreciation & Amortization	$118M
Stock-Based Compensation	$122M
Deferred Income Tax	-$16M
Other Non-Cash Items	-$173M
Change in Working Capital	$106M
OPERATING CASH FLOW	$314M
Capital Expenditure	-$65M
Acquisitions (Net)	-$306M
Purchases of Investments	-$93M
Sales/Maturities of Investments	$0
Other Investing Activities	$89M
NET CASH FROM INVESTING	-$375M
Net Debt Issuance	$0
Common Stock Repurchased	-$93M
Common Dividends Paid	$0
Other Financing Activities	$179M
NET CASH FROM FINANCING	$179M
FREE CASH FLOW	$250M
Net Change in Cash	$110M

Balance Sheet

Item	Amount
Cash & Equivalents	$345M
Short-Term Investments	$0
Net Receivables	$372M
Inventory	$0
Other Current Assets	$147M
TOTAL CURRENT ASSETS	$864M
PP&E (Net)	$163M
Goodwill	$2.0B
Intangible Assets	$555M
Long-Term Investments	$0
Tax Assets	$55M
Other Non-Current Assets	-$47M
TOTAL NON-CURRENT ASSETS	$2.7B
TOTAL ASSETS	$3.5B
Account Payables	$52M
Short-Term Debt	$170M
Deferred Revenue	$515M
Other Current Liabilities	$139M
TOTAL CURRENT LIABILITIES	$877M
Long-Term Debt	$891M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$139M
Other Non-Current Liabilities	$28M
TOTAL NON-CURRENT LIABILITIES	$1.1B
TOTAL LIABILITIES	$2.0B
Common Stock	$676.0K
Additional Paid-In Capital	$0
Retained Earnings	$1.1B
Treasury Stock	$0
Accum. Other Comp. Income	-$47M
Other Equity	$542M
TOTAL STOCKHOLDERS' EQUITY	$1.6B
Minority Interest	$0
TOTAL EQUITY	$1.6B
TOTAL LIABILITIES & EQUITY	$3.5B
Total Debt	$1.1B
Net Debt	$716M