KMPR FY 2013 Earnings Report — Kemper Corporation Revenue & Financial Results | Market Cap Arena

Kemper CorporationKMPR

FY 2013 Earnings

Reported February 14, 2014

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2013	Prior Q	FY 2012	QoQ Change	YoY Change
Revenue	$2.4B	—	$2.5B	—	-1.5%
Op. Income	$314M	—	$122M	—	156.9%
Gross Margin	29.8%	—	21.3%	—	8.5pp
Net Margin	9.0%	—	4.2%	—	4.8pp
EPS (Diluted)	$3.80	—	$1.74	—	118.4%
Free Cash Flow	$107M	—	$68M	—	56.7%

Revenue Flow

Item	Amount
REVENUE	$2.4B
Cost of Revenue	$1.7B
GROSS PROFIT	$723M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$257M
SG&A Expenses	$257M
Other Expenses	$152M
Operating Expenses	$409M
Cost & Expenses	$2.1B
OPERATING INCOME	$314M
Interest Income	$0
Interest Expense	$38M
Other Income/Expenses	$0
INCOME BEFORE TAX	$314M
Income Tax Expense	$100M
Net Income from Continuing Ops	$215M
Net Income from Discontinued Ops	$3M
Other Adjustments	$0
NET INCOME	$218M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$217M
D&A	$26M
EBIT	$353M
EBITDA	$378M
EPS	$4
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$2.4B
Cost of Revenue	$1.7B
GROSS PROFIT	$723M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$257M
SG&A Expenses	$257M
Other Expenses	$152M
Operating Expenses	$409M
Cost & Expenses	$2.1B
OPERATING INCOME	$314M
Interest Income	$0
Interest Expense	$38M
Other Income/Expenses	$0
INCOME BEFORE TAX	$314M
Income Tax Expense	$100M
Net Income from Continuing Ops	$215M
Net Income from Discontinued Ops	$3M
Other Adjustments	$0
NET INCOME	$218M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$217M
D&A	$26M
EBIT	$353M
EBITDA	$378M
EPS	$4
EPS Diluted	$4

Cash Flow Statement

Item	Amount
Net Income	$218M
Depreciation & Amortization	$26M
Stock-Based Compensation	$6M
Deferred Income Tax	$0
Other Non-Cash Items	-$44M
Change in Working Capital	-$77M
OPERATING CASH FLOW	$122M
Capital Expenditure	-$15M
Acquisitions (Net)	$15M
Purchases of Investments	-$967M
Sales/Maturities of Investments	$888M
Other Investing Activities	$84M
NET CASH FROM INVESTING	$5M
Net Debt Issuance	-$6M
Common Stock Repurchased	-$100M
Common Dividends Paid	-$55M
Other Financing Activities	$4M
NET CASH FROM FINANCING	-$157M
FREE CASH FLOW	$107M
Net Change in Cash	-$30M

Balance Sheet

Item	Amount
Cash & Equivalents	$67M
Short-Term Investments	$4.9B
Net Receivables	$193M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$5.5B
PP&E (Net)	$6.0B
Goodwill	$312M
Intangible Assets	$303M
Long-Term Investments	$5.7B
Tax Assets	$32M
Other Non-Current Assets	-$6.0B
TOTAL NON-CURRENT ASSETS	$6.0B
TOTAL ASSETS	$7.7B
Account Payables	$0
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	-$331M
TOTAL CURRENT LIABILITIES	$607M
Long-Term Debt	$607M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$5.0B
TOTAL NON-CURRENT LIABILITIES	$607M
TOTAL LIABILITIES	$5.6B
Common Stock	$6M
Additional Paid-In Capital	$695M
Retained Earnings	$1.2B
Treasury Stock	$0
Accum. Other Comp. Income	$135M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$2.1B
Minority Interest	$0
TOTAL EQUITY	$2.1B
TOTAL LIABILITIES & EQUITY	$7.7B
Total Debt	$607M
Net Debt	$540M