KMPR FY 2009 Earnings Report — Kemper Corporation Revenue & Financial Results | Market Cap Arena

Kemper CorporationKMPR

FY 2009 Earnings

Reported February 1, 2010

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2009	Prior Q	FY 2008	QoQ Change	YoY Change
Revenue	$2.9B	—	$2.7B	—	7.0%
Op. Income	$230M	—	-$90M	—	355.1%
Gross Margin	40.7%	—	35.6%	—	5.1pp
Net Margin	5.6%	—	-1.1%	—	6.7pp
EPS (Diluted)	$2.64	—	$-0.47	—	661.7%
Free Cash Flow	$519M	—	$98M	—	430.8%

Revenue Flow

Item	Amount
REVENUE	$2.9B
Cost of Revenue	$1.7B
GROSS PROFIT	$1.2B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$964M
Operating Expenses	$964M
Cost & Expenses	$2.7B
OPERATING INCOME	$230M
Interest Income	$0
Interest Expense	$242M
Other Income/Expenses	$0
INCOME BEFORE TAX	$230M
Income Tax Expense	$66M
Net Income from Continuing Ops	$162M
Net Income from Discontinued Ops	$3M
Other Adjustments	$0
NET INCOME	$165M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$165M
D&A	$344M
EBIT	$471M
EBITDA	$816M
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$2.9B
Cost of Revenue	$1.7B
GROSS PROFIT	$1.2B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$964M
Operating Expenses	$964M
Cost & Expenses	$2.7B
OPERATING INCOME	$230M
Interest Income	$0
Interest Expense	$242M
Other Income/Expenses	$0
INCOME BEFORE TAX	$230M
Income Tax Expense	$66M
Net Income from Continuing Ops	$162M
Net Income from Discontinued Ops	$3M
Other Adjustments	$0
NET INCOME	$165M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$165M
D&A	$344M
EBIT	$471M
EBITDA	$816M
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$165M
Depreciation & Amortization	$344M
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	-$275M
Change in Working Capital	-$70M
OPERATING CASH FLOW	$164M
Capital Expenditure	$355M
Acquisitions (Net)	-$190M
Purchases of Investments	-$895M
Sales/Maturities of Investments	$1.1B
Other Investing Activities	-$44M
NET CASH FROM INVESTING	$288M
Net Debt Issuance	-$100.0K
Common Stock Repurchased	-$69M
Common Dividends Paid	-$67M
Other Financing Activities	-$425M
NET CASH FROM FINANCING	-$492M
FREE CASH FLOW	$519M
Net Change in Cash	-$41M

Balance Sheet

Item	Amount
Cash & Equivalents	$144M
Short-Term Investments	$397M
Net Receivables	$642M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$1.2B
PP&E (Net)	$5.4B
Goodwill	$332M
Intangible Assets	$0
Long-Term Investments	$5.2B
Tax Assets	$60M
Other Non-Current Assets	-$5.5B
TOTAL NON-CURRENT ASSETS	$5.5B
TOTAL ASSETS	$8.6B
Account Payables	$0
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	-$448M
TOTAL CURRENT LIABILITIES	$108M
Long-Term Debt	$561M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	-$561M
TOTAL NON-CURRENT LIABILITIES	$561M
TOTAL LIABILITIES	$561M
Common Stock	$6M
Additional Paid-In Capital	$766M
Retained Earnings	$1.1B
Treasury Stock	$0
Accum. Other Comp. Income	$59M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.9B
Minority Interest	$0
TOTAL EQUITY	$1.9B
TOTAL LIABILITIES & EQUITY	$8.6B
Total Debt	$561M
Net Debt	$418M