KMPR FY 2014 Earnings Report — Kemper Corporation Revenue & Financial Results | Market Cap Arena

Kemper CorporationKMPR

FY 2014 Earnings

Reported February 12, 2015

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2014	Prior Q	FY 2013	QoQ Change	YoY Change
Revenue	$2.2B	—	$2.4B	—	-9.5%
Op. Income	$160M	—	$314M	—	-49.0%
Gross Margin	27.8%	—	29.8%	—	-2.0pp
Net Margin	5.2%	—	9.0%	—	-3.8pp
EPS (Diluted)	$2.12	—	$3.80	—	-44.2%
Free Cash Flow	$122M	—	$107M	—	14.4%

Revenue Flow

Item	Amount
REVENUE	$2.2B
Cost of Revenue	$1.6B
GROSS PROFIT	$611M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$258M
SG&A Expenses	$258M
Other Expenses	$192M
Operating Expenses	$451M
Cost & Expenses	$2.0B
OPERATING INCOME	$160M
Interest Income	$0
Interest Expense	$47M
Other Income/Expenses	$0
INCOME BEFORE TAX	$160M
Income Tax Expense	$48M
Net Income from Continuing Ops	$113M
Net Income from Discontinued Ops	$2M
Other Adjustments	$0
NET INCOME	$115M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$114M
D&A	$23M
EBIT	$207M
EBITDA	$230M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$2.2B
Cost of Revenue	$1.6B
GROSS PROFIT	$611M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$258M
SG&A Expenses	$258M
Other Expenses	$192M
Operating Expenses	$451M
Cost & Expenses	$2.0B
OPERATING INCOME	$160M
Interest Income	$0
Interest Expense	$47M
Other Income/Expenses	$0
INCOME BEFORE TAX	$160M
Income Tax Expense	$48M
Net Income from Continuing Ops	$113M
Net Income from Discontinued Ops	$2M
Other Adjustments	$0
NET INCOME	$115M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$114M
D&A	$23M
EBIT	$207M
EBITDA	$230M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$115M
Depreciation & Amortization	$23M
Stock-Based Compensation	$6M
Deferred Income Tax	$0
Other Non-Cash Items	$76M
Change in Working Capital	-$80M
OPERATING CASH FLOW	$134M
Capital Expenditure	-$11M
Acquisitions (Net)	$43M
Purchases of Investments	-$921M
Sales/Maturities of Investments	$826M
Other Investing Activities	-$41M
NET CASH FROM INVESTING	-$104M
Net Debt Issuance	$144M
Common Stock Repurchased	-$114M
Common Dividends Paid	-$52M
Other Financing Activities	$2M
NET CASH FROM FINANCING	-$20M
FREE CASH FLOW	$122M
Net Change in Cash	$10M

Balance Sheet

Item	Amount
Cash & Equivalents	$76M
Short-Term Investments	$5.1B
Net Receivables	$187M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$5.7B
PP&E (Net)	$0
Goodwill	$312M
Intangible Assets	$303M
Long-Term Investments	$5.9B
Tax Assets	$0
Other Non-Current Assets	-$6.2B
TOTAL NON-CURRENT ASSETS	$6.2B
TOTAL ASSETS	$7.8B
Account Payables	$0
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	-$381M
TOTAL CURRENT LIABILITIES	$250M
Long-Term Debt	$752M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$22M
Other Non-Current Liabilities	$5.0B
TOTAL NON-CURRENT LIABILITIES	$774M
TOTAL LIABILITIES	$5.7B
Common Stock	$5M
Additional Paid-In Capital	$660M
Retained Earnings	$1.2B
Treasury Stock	$0
Accum. Other Comp. Income	$223M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$2.1B
Minority Interest	$0
TOTAL EQUITY	$2.1B
TOTAL LIABILITIES & EQUITY	$7.8B
Total Debt	$752M
Net Debt	$676M