INTC FY 2012 Earnings Report — Intel Corporation Revenue & Financial Results | Market Cap Arena

Intel CorporationINTC

FY 2012 Earnings

Reported February 19, 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	$53.3B	—	$54.0B	—	-1.2%
Op. Income	$14.6B	—	$17.5B	—	-16.2%
Gross Margin	62.1%	—	62.5%	—	-0.4pp
Net Margin	20.6%	—	24.0%	—	-3.3pp
EPS (Diluted)	$2.13	—	$2.39	—	-10.9%
Free Cash Flow	$7.0B	—	$10.2B	—	-31.0%

Revenue Flow

Item	Amount
REVENUE	$53.3B
Cost of Revenue	$20.2B
GROSS PROFIT	$33.2B
R&D Expenses	$10.1B
Selling & Marketing	$2.0B
General & Administrative	$6.1B
SG&A Expenses	$8.1B
Other Expenses	$87M
Operating Expenses	$18.5B
Cost & Expenses	$38.7B
OPERATING INCOME	$14.6B
Interest Income	$97M
Interest Expense	$90M
Other Income/Expenses	$235M
INCOME BEFORE TAX	$14.9B
Income Tax Expense	$3.9B
Net Income from Continuing Ops	$11.0B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$11.0B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$11.0B
D&A	$308M
EBIT	$15.0B
EBITDA	$22.5B
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$53.3B
Cost of Revenue	$20.2B
GROSS PROFIT	$33.2B
R&D Expenses	$10.1B
Selling & Marketing	$2.0B
General & Administrative	$6.1B
SG&A Expenses	$8.1B
Other Expenses	$87M
Operating Expenses	$18.5B
Cost & Expenses	$38.7B
OPERATING INCOME	$14.6B
Interest Income	$97M
Interest Expense	$90M
Other Income/Expenses	$235M
INCOME BEFORE TAX	$14.9B
Income Tax Expense	$3.9B
Net Income from Continuing Ops	$11.0B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$11.0B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$11.0B
D&A	$308M
EBIT	$15.0B
EBITDA	$22.5B
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$11.0B
Depreciation & Amortization	$7.5B
Stock-Based Compensation	$1.1B
Deferred Income Tax	-$242M
Other Non-Cash Items	-$283M
Change in Working Capital	-$220M
OPERATING CASH FLOW	$18.9B
Capital Expenditure	-$11.8B
Acquisitions (Net)	-$976M
Purchases of Investments	-$25.6B
Sales/Maturities of Investments	$23.4B
Other Investing Activities	$907M
NET CASH FROM INVESTING	-$14.1B
Net Debt Issuance	$6.2B
Common Stock Repurchased	-$5.1B
Common Dividends Paid	-$4.3B
Other Financing Activities	$1.5B
NET CASH FROM FINANCING	-$1.4B
FREE CASH FLOW	$7.0B
Net Change in Cash	$3.4B

Balance Sheet

Item	Amount
Cash & Equivalents	$8.5B
Short-Term Investments	$9.7B
Net Receivables	$3.8B
Inventory	$4.7B
Other Current Assets	$4.6B
TOTAL CURRENT ASSETS	$31.4B
PP&E (Net)	$28.0B
Goodwill	$9.7B
Intangible Assets	$6.2B
Long-Term Investments	$4.9B
Tax Assets	$358M
Other Non-Current Assets	$3.8B
TOTAL NON-CURRENT ASSETS	$53.0B
TOTAL ASSETS	$84.4B
Account Payables	$3.0B
Short-Term Debt	$312M
Deferred Revenue	$1.9B
Other Current Liabilities	$3.0B
TOTAL CURRENT LIABILITIES	$12.9B
Long-Term Debt	$13.1B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$3.4B
Other Non-Current Liabilities	$3.7B
TOTAL NON-CURRENT LIABILITIES	$20.3B
TOTAL LIABILITIES	$33.1B
Common Stock	$19.5B
Additional Paid-In Capital	$0
Retained Earnings	$32.1B
Treasury Stock	$0
Accum. Other Comp. Income	-$399M
Other Equity	-$399M
TOTAL STOCKHOLDERS' EQUITY	$51.2B
Minority Interest	$0
TOTAL EQUITY	$51.2B
TOTAL LIABILITIES & EQUITY	$84.4B
Total Debt	$13.4B
Net Debt	$5.0B