JHX FY 2012 Earnings Report — James Hardie Industries plc Revenue & Financial Results | Market Cap Arena

James Hardie Industries plcJHX

FY 2012 Earnings

Reported July 2, 2012

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	$1.2B	—	$1.2B	—	6.0%
Op. Income	$156M	—	$105M	—	48.5%
Gross Margin	32.9%	—	33.6%	—	-0.7pp
Net Margin	48.8%	—	-29.7%	—	78.6pp
EPS (Diluted)	$1.38	—	$-0.80	—	272.5%
Free Cash Flow	$351M	—	$97M	—	262.6%

Revenue Flow

Item	Amount
REVENUE	$1.2B
Cost of Revenue	$831M
GROSS PROFIT	$407M
R&D Expenses	$30M
Selling & Marketing	$382M
General & Administrative	-$191M
SG&A Expenses	$191M
Other Expenses	$30M
Operating Expenses	$252M
Cost & Expenses	$1.1B
OPERATING INCOME	$156M
Interest Income	$4M
Interest Expense	$11M
Other Income/Expenses	-$4M
INCOME BEFORE TAX	$151M
Income Tax Expense	-$453M
Net Income from Continuing Ops	$604M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$604M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$604M
D&A	$65M
EBIT	$162M
EBITDA	$228M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$1.2B
Cost of Revenue	$831M
GROSS PROFIT	$407M
R&D Expenses	$30M
Selling & Marketing	$382M
General & Administrative	-$191M
SG&A Expenses	$191M
Other Expenses	$30M
Operating Expenses	$252M
Cost & Expenses	$1.1B
OPERATING INCOME	$156M
Interest Income	$4M
Interest Expense	$11M
Other Income/Expenses	-$4M
INCOME BEFORE TAX	$151M
Income Tax Expense	-$453M
Net Income from Continuing Ops	$604M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$604M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$604M
D&A	$65M
EBIT	$162M
EBITDA	$228M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$604M
Depreciation & Amortization	$65M
Stock-Based Compensation	$8M
Deferred Income Tax	$11M
Other Non-Cash Items	$30M
Change in Working Capital	-$332M
OPERATING CASH FLOW	$387M
Capital Expenditure	-$36M
Acquisitions (Net)	-$14M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$300.0K
NET CASH FROM INVESTING	-$50M
Net Debt Issuance	-$59M
Common Stock Repurchased	-$19M
Common Dividends Paid	-$17M
Other Financing Activities	$0
NET CASH FROM FINANCING	-$84M
FREE CASH FLOW	$351M
Net Change in Cash	$247M

Balance Sheet

Item	Amount
Cash & Equivalents	$265M
Short-Term Investments	$0
Net Receivables	$158M
Inventory	$189M
Other Current Assets	$245M
TOTAL CURRENT ASSETS	$876M
PP&E (Net)	$675M
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$0
Tax Assets	$433M
Other Non-Current Assets	$336M
TOTAL NON-CURRENT ASSETS	$1.4B
TOTAL ASSETS	$2.3B
Account Payables	$67M
Short-Term Debt	$31M
Deferred Revenue	$0
Other Current Liabilities	$145M
TOTAL CURRENT LIABILITIES	$403M
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$101M
Other Non-Current Liabilities	$1.7B
TOTAL NON-CURRENT LIABILITIES	$1.8B
TOTAL LIABILITIES	$2.2B
Common Stock	$224M
Additional Paid-In Capital	$68M
Retained Earnings	-$215M
Treasury Stock	$0
Accum. Other Comp. Income	$49M
Other Equity	-$215M
TOTAL STOCKHOLDERS' EQUITY	$126M
Minority Interest	$0
TOTAL EQUITY	$126M
TOTAL LIABILITIES & EQUITY	$2.3B
Total Debt	$31M
Net Debt	-$235M