LPX FY 2006 Earnings Report — Louisiana-Pacific Corporation Revenue & Financial Results | Market Cap Arena

Louisiana-Pacific CorporationLPX

FY 2006 Earnings

Reported February 28, 2007

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2006	Prior Q	FY 2005	QoQ Change	YoY Change
Revenue	$2.2B	—	—	—	—
Op. Income	$110M	—	—	—	—
Gross Margin	18.3%	—	—	—	—
Net Margin	5.5%	—	—	—	—
EPS (Diluted)	$1.17	—	—	—	—
Free Cash Flow	-$53M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$2.2B
Cost of Revenue	$1.8B
GROSS PROFIT	$408M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$167M
SG&A Expenses	$167M
Other Expenses	$131M
Operating Expenses	$298M
Cost & Expenses	$2.1B
OPERATING INCOME	$110M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	$44M
INCOME BEFORE TAX	$154M
Income Tax Expense	$24M
Net Income from Continuing Ops	$130M
Net Income from Discontinued Ops	-$2M
Other Adjustments	-$4M
NET INCOME	$124M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$124M
D&A	$128M
EBIT	$124M
EBITDA	$252M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$2.2B
Cost of Revenue	$1.8B
GROSS PROFIT	$408M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$167M
SG&A Expenses	$167M
Other Expenses	$131M
Operating Expenses	$298M
Cost & Expenses	$2.1B
OPERATING INCOME	$110M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	$44M
INCOME BEFORE TAX	$154M
Income Tax Expense	$24M
Net Income from Continuing Ops	$130M
Net Income from Discontinued Ops	-$2M
Other Adjustments	-$4M
NET INCOME	$124M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$124M
D&A	$128M
EBIT	$124M
EBITDA	$252M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$124M
Depreciation & Amortization	$128M
Stock-Based Compensation	$0
Deferred Income Tax	-$29M
Other Non-Cash Items	-$11M
Change in Working Capital	-$28M
OPERATING CASH FLOW	$184M
Capital Expenditure	-$237M
Acquisitions (Net)	$0
Purchases of Investments	-$5.0B
Sales/Maturities of Investments	$4.9B
Other Investing Activities	$89M
NET CASH FROM INVESTING	-$248M
Net Debt Issuance	-$183M
Common Stock Repurchased	-$41M
Common Dividends Paid	-$63M
Other Financing Activities	$4M
NET CASH FROM FINANCING	-$279M
FREE CASH FLOW	-$53M
Net Change in Cash	-$342M

Balance Sheet

Item	Amount
Cash & Equivalents	$266M
Short-Term Investments	$797M
Net Receivables	$157M
Inventory	$222M
Other Current Assets	$53M
TOTAL CURRENT ASSETS	$1.5B
PP&E (Net)	$850M
Goodwill	$274M
Intangible Assets	$3M
Long-Term Investments	$0
Tax Assets	$364M
Other Non-Current Assets	$809M
TOTAL NON-CURRENT ASSETS	$1.9B
TOTAL ASSETS	$3.4B
Account Payables	$157M
Short-Term Debt	$400.0K
Deferred Revenue	$0
Other Current Liabilities	-$78M
TOTAL CURRENT LIABILITIES	$265M
Long-Term Debt	$645M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$364M
Other Non-Current Liabilities	$96M
TOTAL NON-CURRENT LIABILITIES	$1.1B
TOTAL LIABILITIES	$1.4B
Common Stock	$117M
Additional Paid-In Capital	$436M
Retained Earnings	$1.9B
Treasury Stock	-$284M
Accum. Other Comp. Income	-$72M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$2.1B
Minority Interest	$0
TOTAL EQUITY	$2.1B
TOTAL LIABILITIES & EQUITY	$3.4B
Total Debt	$648M
Net Debt	$382M