LEU FY 2007 Earnings Report — Centrus Energy Corp. Revenue & Financial Results | Market Cap Arena

Centrus Energy Corp.LEU

FY 2007 Earnings

Reported February 26, 2008

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2007	Prior Q	FY 2006	QoQ Change	YoY Change
Revenue	$1.9B	—	$1.8B	—	4.3%
Op. Income	$115M	—	$179M	—	-35.7%
Gross Margin	14.9%	—	18.2%	—	-3.3pp
Net Margin	5.0%	—	5.7%	—	-0.7pp
EPS (Diluted)	$256.27	—	$332.61	—	-23.0%
Free Cash Flow	-$28M	—	$233M	—	-112.0%

Revenue Flow

Item	Amount
REVENUE	$1.9B
Cost of Revenue	$1.6B
GROSS PROFIT	$288M
R&D Expenses	$127M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$45M
Other Expenses	$0
Operating Expenses	$173M
Cost & Expenses	$1.8B
OPERATING INCOME	$115M
Interest Income	$34M
Interest Expense	$17M
Other Income/Expenses	$17M
INCOME BEFORE TAX	$132M
Income Tax Expense	$35M
Net Income from Continuing Ops	$97M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$97M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$97M
D&A	$40M
EBIT	$115M
EBITDA	$154M
EPS	$284
EPS Diluted	$256

Income Statement

Item	Amount
REVENUE	$1.9B
Cost of Revenue	$1.6B
GROSS PROFIT	$288M
R&D Expenses	$127M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$45M
Other Expenses	$0
Operating Expenses	$173M
Cost & Expenses	$1.8B
OPERATING INCOME	$115M
Interest Income	$34M
Interest Expense	$17M
Other Income/Expenses	$17M
INCOME BEFORE TAX	$132M
Income Tax Expense	$35M
Net Income from Continuing Ops	$97M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$97M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$97M
D&A	$40M
EBIT	$115M
EBITDA	$154M
EPS	$284
EPS Diluted	$256

Cash Flow Statement

Item	Amount
Net Income	$97M
Depreciation & Amortization	$40M
Stock-Based Compensation	$900.0K
Deferred Income Tax	-$41M
Other Non-Cash Items	-$900.0K
Change in Working Capital	$14M
OPERATING CASH FLOW	$109M
Capital Expenditure	-$137M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$33M
NET CASH FROM INVESTING	-$170M
Net Debt Issuance	$575M
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	-$13M
NET CASH FROM FINANCING	$776M
FREE CASH FLOW	-$28M
Net Change in Cash	$715M

Balance Sheet

Item	Amount
Cash & Equivalents	$886M
Short-Term Investments	$0
Net Receivables	$253M
Inventory	$1.2B
Other Current Assets	$108M
TOTAL CURRENT ASSETS	$2.4B
PP&E (Net)	$292M
Goodwill	$7M
Intangible Assets	$200.0K
Long-Term Investments	$97M
Tax Assets	$180M
Other Non-Current Assets	$81M
TOTAL NON-CURRENT ASSETS	$657M
TOTAL ASSETS	$3.1B
Account Payables	$47M
Short-Term Debt	$0
Deferred Revenue	$116M
Other Current Liabilities	$487M
TOTAL CURRENT LIABILITIES	$716M
Long-Term Debt	$725M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$338M
TOTAL NON-CURRENT LIABILITIES	$1.1B
TOTAL LIABILITIES	$1.8B
Common Stock	$12M
Additional Paid-In Capital	$1.2B
Retained Earnings	$215M
Treasury Stock	-$93M
Accum. Other Comp. Income	-$11M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.3B
Minority Interest	$0
TOTAL EQUITY	$1.3B
TOTAL LIABILITIES & EQUITY	$3.1B
Total Debt	$725M
Net Debt	-$161M