KALU FY 2012 Earnings Report — Kaiser Aluminum Corporation Revenue & Financial Results | Market Cap Arena

Kaiser Aluminum CorporationKALU

FY 2012 Earnings

Reported February 21, 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	$1.4B	—	—	—	—
Op. Income	$166M	—	—	—	—
Gross Margin	17.1%	—	—	—	—
Net Margin	6.3%	—	—	—	—
EPS (Diluted)	$4.45	—	—	—	—
Free Cash Flow	$108M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$1.4B
Cost of Revenue	$1.1B
GROSS PROFIT	$233M
R&D Expenses	$62M
Selling & Marketing	$0
General & Administrative	$62M
SG&A Expenses	$62M
Other Expenses	$3M
Operating Expenses	$67M
Cost & Expenses	$1.2B
OPERATING INCOME	$166M
Interest Income	$400.0K
Interest Expense	$29M
Other Income/Expenses	-$26M
INCOME BEFORE TAX	$140M
Income Tax Expense	$54M
Net Income from Continuing Ops	$86M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$86M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$86M
D&A	$27M
EBIT	$169M
EBITDA	$195M
EPS	$4
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$1.4B
Cost of Revenue	$1.1B
GROSS PROFIT	$233M
R&D Expenses	$62M
Selling & Marketing	$0
General & Administrative	$62M
SG&A Expenses	$62M
Other Expenses	$3M
Operating Expenses	$67M
Cost & Expenses	$1.2B
OPERATING INCOME	$166M
Interest Income	$400.0K
Interest Expense	$29M
Other Income/Expenses	-$26M
INCOME BEFORE TAX	$140M
Income Tax Expense	$54M
Net Income from Continuing Ops	$86M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$86M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$86M
D&A	$27M
EBIT	$169M
EBITDA	$195M
EPS	$4
EPS Diluted	$4

Cash Flow Statement

Item	Amount
Net Income	$86M
Depreciation & Amortization	$27M
Stock-Based Compensation	$6M
Deferred Income Tax	$52M
Other Non-Cash Items	-$18M
Change in Working Capital	$400.0K
OPERATING CASH FLOW	$152M
Capital Expenditure	-$44M
Acquisitions (Net)	$0
Purchases of Investments	-$85M
Sales/Maturities of Investments	$0
Other Investing Activities	$7M
NET CASH FROM INVESTING	-$122M
Net Debt Issuance	$220M
Common Stock Repurchased	-$2M
Common Dividends Paid	-$20M
Other Financing Activities	-$8M
NET CASH FROM FINANCING	$193M
FREE CASH FLOW	$108M
Net Change in Cash	$224M

Balance Sheet

Item	Amount
Cash & Equivalents	$273M
Short-Term Investments	$85M
Net Receivables	$127M
Inventory	$186M
Other Current Assets	$64M
TOTAL CURRENT ASSETS	$742M
PP&E (Net)	$384M
Goodwill	$37M
Intangible Assets	$35M
Long-Term Investments	$6M
Tax Assets	$102M
Other Non-Current Assets	$446M
TOTAL NON-CURRENT ASSETS	$1.0B
TOTAL ASSETS	$1.8B
Account Payables	$63M
Short-Term Debt	$0
Deferred Revenue	$7M
Other Current Liabilities	$3M
TOTAL CURRENT LIABILITIES	$162M
Long-Term Debt	$380M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$140M
TOTAL NON-CURRENT LIABILITIES	$520M
TOTAL LIABILITIES	$682M
Common Stock	$200.0K
Additional Paid-In Capital	$1.0B
Retained Earnings	$151M
Treasury Stock	-$72M
Accum. Other Comp. Income	-$26M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.1B
Minority Interest	$0
TOTAL EQUITY	$1.1B
TOTAL LIABILITIES & EQUITY	$1.8B
Total Debt	$380M
Net Debt	$107M