LEO FY 2012 Earnings Report — BNY Mellon Strategic Municipals, Inc. Revenue & Financial Results | Market Cap Arena

BNY Mellon Strategic Municipals, Inc.LEO

FY 2012 Earnings

Reported September 29, 2012

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	$42M	—	$43M	—	-1.8%
Op. Income	$36M	—	$37M	—	-2.6%
Gross Margin	98.7%	—	98.9%	—	-0.1pp
Net Margin	217.8%	—	51.8%	—	166.0pp
EPS (Diluted)	$1.49	—	$0.36	—	313.9%
Free Cash Flow	$92M	—	$22M	—	312.7%

Revenue Flow

Item	Amount
REVENUE	$42M
Cost of Revenue	$540.0K
GROSS PROFIT	$42M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$6M
SG&A Expenses	$6M
Other Expenses	-$690.0K
Operating Expenses	$6M
Cost & Expenses	$6M
OPERATING INCOME	$36M
Interest Income	$0
Interest Expense	$40.0K
Other Income/Expenses	$56M
INCOME BEFORE TAX	$92M
Income Tax Expense	$0
Net Income from Continuing Ops	$92M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$92M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$92M
D&A	$56M
EBIT	$92M
EBITDA	$92M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$42M
Cost of Revenue	$540.0K
GROSS PROFIT	$42M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$6M
SG&A Expenses	$6M
Other Expenses	-$690.0K
Operating Expenses	$6M
Cost & Expenses	$6M
OPERATING INCOME	$36M
Interest Income	$0
Interest Expense	$40.0K
Other Income/Expenses	$56M
INCOME BEFORE TAX	$92M
Income Tax Expense	$0
Net Income from Continuing Ops	$92M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$92M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$92M
D&A	$56M
EBIT	$92M
EBITDA	$92M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$92M
Depreciation & Amortization	$0
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	-$92M
Change in Working Capital	$92M
OPERATING CASH FLOW	$92M
Capital Expenditure	$0
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$0
NET CASH FROM INVESTING	$0
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	-$33M
NET CASH FROM FINANCING	-$33M
FREE CASH FLOW	$92M
Net Change in Cash	$59M

Balance Sheet

Item	Amount
Cash & Equivalents	$0
Short-Term Investments	$0
Net Receivables	$13M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$13M
PP&E (Net)	$0
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$854M
Tax Assets	$0
Other Non-Current Assets	-$854M
TOTAL NON-CURRENT ASSETS	$854M
TOTAL ASSETS	$867M
Account Payables	$0
Short-Term Debt	$78M
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$78M
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$0
TOTAL NON-CURRENT LIABILITIES	$0
TOTAL LIABILITIES	$79M
Common Stock	$100.0K
Additional Paid-In Capital	$0
Retained Earnings	$0
Treasury Stock	$0
Accum. Other Comp. Income	$40M
Other Equity	$748M
TOTAL STOCKHOLDERS' EQUITY	$788M
Minority Interest	$0
TOTAL EQUITY	$788M
TOTAL LIABILITIES & EQUITY	$867M
Total Debt	$78M
Net Debt	$78M