ITUB FY 2006 Earnings Report — Itaú Unibanco Holding S.A. Revenue & Financial Results | Market Cap Arena

Itaú Unibanco Holding S.A.ITUB

FY 2006 Earnings

Reported December 30, 2006

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	$8.5B	—	—	—	—
Op. Income	$1.7B	—	—	—	—
Gross Margin	62.0%	—	—	—	—
Net Margin	13.9%	—	—	—	—
EPS (Diluted)	$0.17	—	—	—	—
Free Cash Flow	$610M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$8.5B
Cost of Revenue	$3.2B
GROSS PROFIT	$5.3B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$1.6B
SG&A Expenses	$1.6B
Other Expenses	$2.0B
Operating Expenses	$3.6B
Cost & Expenses	$6.8B
OPERATING INCOME	$1.7B
Interest Income	$5.6B
Interest Expense	$2.2B
Other Income/Expenses	$0
INCOME BEFORE TAX	$1.7B
Income Tax Expense	$480M
Net Income from Continuing Ops	$1.2B
Net Income from Discontinued Ops	$0
Other Adjustments	-$5M
NET INCOME	$1.2B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.2B
D&A	$244M
EBIT	$1.7B
EBITDA	$1.9B
EPS	$0
EPS Diluted	$0

Income Statement

Item	Amount
REVENUE	$8.5B
Cost of Revenue	$3.2B
GROSS PROFIT	$5.3B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$1.6B
SG&A Expenses	$1.6B
Other Expenses	$2.0B
Operating Expenses	$3.6B
Cost & Expenses	$6.8B
OPERATING INCOME	$1.7B
Interest Income	$5.6B
Interest Expense	$2.2B
Other Income/Expenses	$0
INCOME BEFORE TAX	$1.7B
Income Tax Expense	$480M
Net Income from Continuing Ops	$1.2B
Net Income from Discontinued Ops	$0
Other Adjustments	-$5M
NET INCOME	$1.2B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.2B
D&A	$244M
EBIT	$1.7B
EBITDA	$1.9B
EPS	$0
EPS Diluted	$0

Cash Flow Statement

Item	Amount
Net Income	$1.2B
Depreciation & Amortization	$244M
Stock-Based Compensation	$0
Deferred Income Tax	$114M
Other Non-Cash Items	$973M
Change in Working Capital	-$1.7B
OPERATING CASH FLOW	$720M
Capital Expenditure	-$111M
Acquisitions (Net)	$628M
Purchases of Investments	-$2.2B
Sales/Maturities of Investments	$2.0B
Other Investing Activities	-$3.7B
NET CASH FROM INVESTING	-$3.3B
Net Debt Issuance	$2.5B
Common Stock Repurchased	-$7M
Common Dividends Paid	-$352M
Other Financing Activities	$1.3B
NET CASH FROM FINANCING	$3.5B
FREE CASH FLOW	$610M
Net Change in Cash	$894M

Balance Sheet

Item	Amount
Cash & Equivalents	$5.2B
Short-Term Investments	$7.4B
Net Receivables	$0
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$12.6B
PP&E (Net)	$577M
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$19.1B
Tax Assets	$0
Other Non-Current Assets	$5.2B
TOTAL NON-CURRENT ASSETS	$26.2B
TOTAL ASSETS	$38.7B
Account Payables	$0
Short-Term Debt	$8.4B
Deferred Revenue	$0
Other Current Liabilities	$11.6B
TOTAL CURRENT LIABILITIES	$20.0B
Long-Term Debt	$3.6B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$9.3B
TOTAL NON-CURRENT LIABILITIES	$12.9B
TOTAL LIABILITIES	$32.9B
Common Stock	$0
Additional Paid-In Capital	$2.8B
Retained Earnings	$2.7B
Treasury Stock	-$226M
Accum. Other Comp. Income	$288M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$5.5B
Minority Interest	$287M
TOTAL EQUITY	$5.8B
TOTAL LIABILITIES & EQUITY	$38.7B
Total Debt	$12.0B
Net Debt	$6.8B