OHI FY 2007 Earnings Report — Omega Healthcare Investors, Inc. Revenue & Financial Results | Market Cap Arena

Omega Healthcare Investors, Inc.OHI

FY 2007 Earnings

Reported February 15, 2008

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2007	Prior Q	FY 2006	QoQ Change	YoY Change
Revenue	$160M	—	$136M	—	17.7%
Op. Income	$111M	—	$89M	—	24.9%
Gross Margin	100.0%	—	100.0%	—	0.0pp
Net Margin	43.5%	—	41.1%	—	2.4pp
EPS (Diluted)	$0.90	—	$0.78	—	15.4%
Free Cash Flow	$36M	—	-$123M	—	129.7%

Revenue Flow

Item	Amount
REVENUE	$160M
Cost of Revenue	$0
GROSS PROFIT	$160M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$11M
SG&A Expenses	$11M
Other Expenses	$37M
Operating Expenses	$49M
Cost & Expenses	$49M
OPERATING INCOME	$111M
Interest Income	$257.0K
Interest Expense	$44M
Other Income/Expenses	-$43M
INCOME BEFORE TAX	$68M
Income Tax Expense	-$7.0K
Net Income from Continuing Ops	$68M
Net Income from Discontinued Ops	$2M
Other Adjustments	$0
NET INCOME	$69M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$59M
D&A	$36M
EBIT	$112M
EBITDA	$148M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$160M
Cost of Revenue	$0
GROSS PROFIT	$160M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$11M
SG&A Expenses	$11M
Other Expenses	$37M
Operating Expenses	$49M
Cost & Expenses	$49M
OPERATING INCOME	$111M
Interest Income	$257.0K
Interest Expense	$44M
Other Income/Expenses	-$43M
INCOME BEFORE TAX	$68M
Income Tax Expense	-$7.0K
Net Income from Continuing Ops	$68M
Net Income from Discontinued Ops	$2M
Other Adjustments	$0
NET INCOME	$69M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$59M
D&A	$36M
EBIT	$112M
EBITDA	$148M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$69M
Depreciation & Amortization	$36M
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	-$17M
Change in Working Capital	-$4M
OPERATING CASH FLOW	$85M
Capital Expenditure	-$48M
Acquisitions (Net)	$0
Purchases of Investments	-$9M
Sales/Maturities of Investments	$9M
Other Investing Activities	$18M
NET CASH FROM INVESTING	-$30M
Net Debt Issuance	-$103M
Common Stock Repurchased	$0
Common Dividends Paid	-$81M
Other Financing Activities	$18M
NET CASH FROM FINANCING	-$53M
FREE CASH FLOW	$36M
Net Change in Cash	$1M

Balance Sheet

Item	Amount
Cash & Equivalents	$2M
Short-Term Investments	$0
Net Receivables	$65M
Inventory	$0
Other Current Assets	$2M
TOTAL CURRENT ASSETS	$69M
PP&E (Net)	$1.1B
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$14M
Tax Assets	$0
Other Non-Current Assets	$46M
TOTAL NON-CURRENT ASSETS	$1.1B
TOTAL ASSETS	$1.2B
Account Payables	$0
Short-Term Debt	$48M
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$70M
Long-Term Debt	$526M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$0
TOTAL NON-CURRENT LIABILITIES	$526M
TOTAL LIABILITIES	$596M
Common Stock	$7M
Additional Paid-In Capital	$826M
Retained Earnings	$362M
Treasury Stock	$0
Accum. Other Comp. Income	-$365M
Other Equity	-$362M
TOTAL STOCKHOLDERS' EQUITY	$586M
Minority Interest	$0
TOTAL EQUITY	$586M
TOTAL LIABILITIES & EQUITY	$1.2B
Total Debt	$574M
Net Debt	$572M