NEE FY 2010 Earnings Report — NextEra Energy, Inc. Revenue & Financial Results | Market Cap Arena

NextEra Energy, Inc.NEE

FY 2010 Earnings

Reported February 28, 2011

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2010	Prior Q	FY 2009	QoQ Change	YoY Change
Revenue	$15.3B	—	$15.6B	—	-2.1%
Op. Income	$3.2B	—	$2.6B	—	24.4%
Gross Margin	40.5%	—	52.7%	—	-12.2pp
Net Margin	12.8%	—	10.3%	—	2.5pp
EPS (Diluted)	$1.18	—	$0.99	—	19.2%
Free Cash Flow	$887M	—	$1.6B	—	-43.3%

Revenue Flow

Item	Amount
REVENUE	$15.3B
Cost of Revenue	$9.1B
GROSS PROFIT	$6.2B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$3.0B
Operating Expenses	$3.0B
Cost & Expenses	$12.1B
OPERATING INCOME	$3.2B
Interest Income	$91M
Interest Expense	$979M
Other Income/Expenses	-$738M
INCOME BEFORE TAX	$2.5B
Income Tax Expense	$532M
Net Income from Continuing Ops	$2.0B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$2.0B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$2.0B
D&A	$2.1B
EBIT	$3.5B
EBITDA	$5.5B
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$15.3B
Cost of Revenue	$9.1B
GROSS PROFIT	$6.2B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$3.0B
Operating Expenses	$3.0B
Cost & Expenses	$12.1B
OPERATING INCOME	$3.2B
Interest Income	$91M
Interest Expense	$979M
Other Income/Expenses	-$738M
INCOME BEFORE TAX	$2.5B
Income Tax Expense	$532M
Net Income from Continuing Ops	$2.0B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$2.0B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$2.0B
D&A	$2.1B
EBIT	$3.5B
EBITDA	$5.5B
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$2.0B
Depreciation & Amortization	$2.1B
Stock-Based Compensation	$0
Deferred Income Tax	$511M
Other Non-Cash Items	-$678M
Change in Working Capital	$237M
OPERATING CASH FLOW	$3.8B
Capital Expenditure	-$2.9B
Acquisitions (Net)	-$2.7B
Purchases of Investments	-$10.4B
Sales/Maturities of Investments	$7.4B
Other Investing Activities	$3.3B
NET CASH FROM INVESTING	-$5.3B
Net Debt Issuance	$1.8B
Common Stock Repurchased	$0
Common Dividends Paid	-$823M
Other Financing Activities	$204M
NET CASH FROM FINANCING	$1.5B
FREE CASH FLOW	$887M
Net Change in Cash	$64M

Balance Sheet

Item	Amount
Cash & Equivalents	$302M
Short-Term Investments	$0
Net Receivables	$2.6B
Inventory	$857M
Other Current Assets	$1.5B
TOTAL CURRENT ASSETS	$5.3B
PP&E (Net)	$39.1B
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$4.7B
Tax Assets	$0
Other Non-Current Assets	$3.9B
TOTAL NON-CURRENT ASSETS	$47.7B
TOTAL ASSETS	$53.0B
Account Payables	$1.1B
Short-Term Debt	$2.8B
Deferred Revenue	$47M
Other Current Liabilities	$2.1B
TOTAL CURRENT LIABILITIES	$6.9B
Long-Term Debt	$18.0B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$5.1B
Other Non-Current Liabilities	$8.5B
TOTAL NON-CURRENT LIABILITIES	$31.6B
TOTAL LIABILITIES	$38.5B
Common Stock	$4M
Additional Paid-In Capital	$5.4B
Retained Earnings	$8.9B
Treasury Stock	$0
Accum. Other Comp. Income	$166M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$14.5B
Minority Interest	$0
TOTAL EQUITY	$14.5B
TOTAL LIABILITIES & EQUITY	$53.0B
Total Debt	$20.8B
Net Debt	$20.5B