MDU FY 2006 Earnings Report — MDU Resources Group, Inc. Revenue & Financial Results | Market Cap Arena

MDU Resources Group, Inc.MDU

FY 2006 Earnings

Reported February 21, 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	$4.1B	—	—	—	—
Op. Income	$532M	—	—	—	—
Gross Margin	91.6%	—	—	—	—
Net Margin	7.8%	—	—	—	—
EPS (Diluted)	$1.74	—	—	—	—
Free Cash Flow	$151M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$4.1B
Cost of Revenue	$341M
GROSS PROFIT	$3.7B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$3.2B
Operating Expenses	$3.2B
Cost & Expenses	$3.5B
OPERATING INCOME	$532M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	-$49M
INCOME BEFORE TAX	$483M
Income Tax Expense	$165M
Net Income from Continuing Ops	$318M
Net Income from Discontinued Ops	$0
Other Adjustments	$8M
NET INCOME	$316M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$315M
D&A	$272M
EBIT	$523M
EBITDA	$781M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$4.1B
Cost of Revenue	$341M
GROSS PROFIT	$3.7B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$3.2B
Operating Expenses	$3.2B
Cost & Expenses	$3.5B
OPERATING INCOME	$532M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	-$49M
INCOME BEFORE TAX	$483M
Income Tax Expense	$165M
Net Income from Continuing Ops	$318M
Net Income from Discontinued Ops	$0
Other Adjustments	$8M
NET INCOME	$316M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$315M
D&A	$272M
EBIT	$523M
EBITDA	$781M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$316M
Depreciation & Amortization	$0
Stock-Based Compensation	$0
Deferred Income Tax	$40M
Other Non-Cash Items	$269M
Change in Working Capital	$35M
OPERATING CASH FLOW	$659M
Capital Expenditure	-$509M
Acquisitions (Net)	-$126M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$25M
NET CASH FROM INVESTING	-$660M
Net Debt Issuance	$41M
Common Stock Repurchased	$0
Common Dividends Paid	-$93M
Other Financing Activities	$3M
NET CASH FROM FINANCING	-$30M
FREE CASH FLOW	$151M
Net Change in Cash	-$33M

Balance Sheet

Item	Amount
Cash & Equivalents	$75M
Short-Term Investments	$0
Net Receivables	$625M
Inventory	$204M
Other Current Assets	$90M
TOTAL CURRENT ASSETS	$994M
PP&E (Net)	$3.0B
Goodwill	$228M
Intangible Assets	$23M
Long-Term Investments	-$6M
Tax Assets	$6M
Other Non-Current Assets	$665M
TOTAL NON-CURRENT ASSETS	$3.9B
TOTAL ASSETS	$4.9B
Account Payables	$290M
Short-Term Debt	$84M
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$654M
Long-Term Debt	$1.2B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$547M
Other Non-Current Liabilities	-$1.7B
TOTAL NON-CURRENT LIABILITIES	$2.1B
TOTAL LIABILITIES	$2.7B
Common Stock	$182M
Additional Paid-In Capital	$874M
Retained Earnings	$1.1B
Treasury Stock	-$4M
Accum. Other Comp. Income	-$6M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$2.2B
Minority Interest	$0
TOTAL EQUITY	$2.2B
TOTAL LIABILITIES & EQUITY	$4.9B
Total Debt	$1.3B
Net Debt	$1.2B