OGE FY 2014 Earnings Report — OGE Energy Corp. Revenue & Financial Results | Market Cap Arena

OGE Energy Corp.OGE

FY 2014 Earnings

Reported February 26, 2015

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2014	Prior Q	FY 2013	QoQ Change	YoY Change
Revenue	$2.5B	—	—	—	—
Op. Income	$537M	—	—	—	—
Gross Margin	37.0%	—	—	—	—
Net Margin	16.1%	—	—	—	—
EPS (Diluted)	$1.98	—	—	—	—
Free Cash Flow	$152M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$2.5B
Cost of Revenue	$1.5B
GROSS PROFIT	$907M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$370M
Operating Expenses	$370M
Cost & Expenses	$1.9B
OPERATING INCOME	$537M
Interest Income	$0
Interest Expense	$151M
Other Income/Expenses	$32M
INCOME BEFORE TAX	$569M
Income Tax Expense	$173M
Net Income from Continuing Ops	$396M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$396M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$396M
D&A	$281M
EBIT	$719M
EBITDA	$1.0B
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$2.5B
Cost of Revenue	$1.5B
GROSS PROFIT	$907M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$370M
Operating Expenses	$370M
Cost & Expenses	$1.9B
OPERATING INCOME	$537M
Interest Income	$0
Interest Expense	$151M
Other Income/Expenses	$32M
INCOME BEFORE TAX	$569M
Income Tax Expense	$173M
Net Income from Continuing Ops	$396M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$396M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$396M
D&A	$281M
EBIT	$719M
EBITDA	$1.0B
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$396M
Depreciation & Amortization	$281M
Stock-Based Compensation	-$3M
Deferred Income Tax	$177M
Other Non-Cash Items	-$20M
Change in Working Capital	-$110M
OPERATING CASH FLOW	$722M
Capital Expenditure	-$569M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$10M
Other Investing Activities	$700.0K
NET CASH FROM INVESTING	-$559M
Net Debt Issuance	$7M
Common Stock Repurchased	$0
Common Dividends Paid	-$184M
Other Financing Activities	$0
NET CASH FROM FINANCING	-$164M
FREE CASH FLOW	$152M
Net Change in Cash	-$1M

Balance Sheet

Item	Amount
Cash & Equivalents	$6M
Short-Term Investments	$0
Net Receivables	$334M
Inventory	$137M
Other Current Assets	$230M
TOTAL CURRENT ASSETS	$707M
PP&E (Net)	$7.0B
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$1.3B
Tax Assets	$0
Other Non-Current Assets	$453M
TOTAL NON-CURRENT ASSETS	$8.8B
TOTAL ASSETS	$9.5B
Account Payables	$179M
Short-Term Debt	$98M
Deferred Revenue	$74M
Other Current Liabilities	$90M
TOTAL CURRENT LIABILITIES	$573M
Long-Term Debt	$2.8B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$2.3B
Other Non-Current Liabilities	$687M
TOTAL NON-CURRENT LIABILITIES	$5.7B
TOTAL LIABILITIES	$6.3B
Common Stock	$1.1B
Additional Paid-In Capital	$1.1B
Retained Earnings	$2.2B
Treasury Stock	$0
Accum. Other Comp. Income	-$41M
Other Equity	-$1.1B
TOTAL STOCKHOLDERS' EQUITY	$3.2B
Minority Interest	$0
TOTAL EQUITY	$3.2B
TOTAL LIABILITIES & EQUITY	$9.5B
Total Debt	$2.9B
Net Debt	$2.8B