NCMINational CineMedia, Inc.

$315M

FY 2011 Earnings

Communication Services Advertising Agencies

Income Statement

Revenue

$435M+1.8% YoY

Gross Profit

$303M69.5% margin

Operating Income

$194M44.5% margin

Net Income

$32M7.2% margin

EPS (Diluted)

$5.80

Cash Flow

Operating Cash Flow

$162M

Free Cash Flow

$132M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$820M

Total Liabilities

$1.2B

Stockholders' Equity

-$428M

Cash & Equivalents

$66M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$435M	$428M	+1.8%
Gross Profit	$303M	$301M	+0.6%
Operating Income	$194M	$191M	+1.6%
Net Income	$32M	$29M	+7.9%

NCMI FY 2011 Earnings — National CineMedia, Inc. Revenue & Financial Results | Market Cap Arena