KALU FY 2010 Earnings Report — Kaiser Aluminum Corporation Revenue & Financial Results | Market Cap Arena

Kaiser Aluminum CorporationKALU

FY 2010 Earnings

Reported February 22, 2011

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2010	Prior Q	FY 2009	QoQ Change	YoY Change
Revenue	$1.1B	—	—	—	—
Op. Income	$44M	—	—	—	—
Gross Margin	12.3%	—	—	—	—
Net Margin	1.3%	—	—	—	—
EPS (Diluted)	$0.61	—	—	—	—
Free Cash Flow	$27M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$1.1B
Cost of Revenue	$947M
GROSS PROFIT	$132M
R&D Expenses	$64M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$64M
Other Expenses	$300.0K
Operating Expenses	$84M
Cost & Expenses	$1.0B
OPERATING INCOME	$44M
Interest Income	$300.0K
Interest Expense	$12M
Other Income/Expenses	-$13M
INCOME BEFORE TAX	$28M
Income Tax Expense	$14M
Net Income from Continuing Ops	$12M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$14M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$12M
D&A	$20M
EBIT	$37M
EBITDA	$60M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$1.1B
Cost of Revenue	$947M
GROSS PROFIT	$132M
R&D Expenses	$64M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$64M
Other Expenses	$300.0K
Operating Expenses	$84M
Cost & Expenses	$1.0B
OPERATING INCOME	$44M
Interest Income	$300.0K
Interest Expense	$12M
Other Income/Expenses	-$13M
INCOME BEFORE TAX	$28M
Income Tax Expense	$14M
Net Income from Continuing Ops	$12M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$14M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$12M
D&A	$20M
EBIT	$37M
EBITDA	$60M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$14M
Depreciation & Amortization	$20M
Stock-Based Compensation	$5M
Deferred Income Tax	$15M
Other Non-Cash Items	$34M
Change in Working Capital	-$21M
OPERATING CASH FLOW	$66M
Capital Expenditure	-$39M
Acquisitions (Net)	-$4M
Purchases of Investments	-$4M
Sales/Maturities of Investments	$0
Other Investing Activities	$1M
NET CASH FROM INVESTING	-$46M
Net Debt Issuance	$174M
Common Stock Repurchased	-$44M
Common Dividends Paid	-$19M
Other Financing Activities	-$26M
NET CASH FROM FINANCING	$85M
FREE CASH FLOW	$27M
Net Change in Cash	$105M

Balance Sheet

Item	Amount
Cash & Equivalents	$136M
Short-Term Investments	$0
Net Receivables	$88M
Inventory	$168M
Other Current Assets	$0
TOTAL CURRENT ASSETS	$471M
PP&E (Net)	$354M
Goodwill	$3M
Intangible Assets	$4M
Long-Term Investments	$0
Tax Assets	$231M
Other Non-Current Assets	$279M
TOTAL NON-CURRENT ASSETS	$871M
TOTAL ASSETS	$1.3B
Account Payables	$51M
Short-Term Debt	$1M
Deferred Revenue	$0
Other Current Liabilities	$31M
TOTAL CURRENT LIABILITIES	$142M
Long-Term Debt	$153M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$135M
TOTAL NON-CURRENT LIABILITIES	$288M
TOTAL LIABILITIES	$430M
Common Stock	$200.0K
Additional Paid-In Capital	$987M
Retained Earnings	$80M
Treasury Stock	-$72M
Accum. Other Comp. Income	$2M
Other Equity	-$85M
TOTAL STOCKHOLDERS' EQUITY	$912M
Minority Interest	$0
TOTAL EQUITY	$912M
TOTAL LIABILITIES & EQUITY	$1.3B
Total Debt	$155M
Net Debt	$19M