PG FY 2007 Earnings Report — The Procter & Gamble Company Revenue & Financial Results | Market Cap Arena

The Procter & Gamble CompanyPG

FY 2007 Earnings

Reported August 28, 2007

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	$76.5B	—	$68.2B	—	12.1%
Op. Income	$15.4B	—	$13.2B	—	16.6%
Gross Margin	52.0%	—	51.4%	—	0.6pp
Net Margin	13.5%	—	12.7%	—	0.8pp
EPS (Diluted)	$3.04	—	$2.64	—	15.2%
Free Cash Flow	$10.5B	—	$8.7B	—	20.5%

Revenue Flow

Item	Amount
REVENUE	$76.5B
Cost of Revenue	$36.7B
GROSS PROFIT	$39.8B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$24.3B
Other Expenses	$0
Operating Expenses	$24.3B
Cost & Expenses	$61.0B
OPERATING INCOME	$15.4B
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	-$740M
INCOME BEFORE TAX	$14.7B
Income Tax Expense	$4.4B
Net Income from Continuing Ops	$10.3B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$10.3B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$10.2B
D&A	$3.1B
EBIT	$15.4B
EBITDA	$18.6B
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$76.5B
Cost of Revenue	$36.7B
GROSS PROFIT	$39.8B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$24.3B
Other Expenses	$0
Operating Expenses	$24.3B
Cost & Expenses	$61.0B
OPERATING INCOME	$15.4B
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	-$740M
INCOME BEFORE TAX	$14.7B
Income Tax Expense	$4.4B
Net Income from Continuing Ops	$10.3B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$10.3B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$10.2B
D&A	$3.1B
EBIT	$15.4B
EBITDA	$18.6B
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$10.3B
Depreciation & Amortization	$3.1B
Stock-Based Compensation	$0
Deferred Income Tax	$253M
Other Non-Cash Items	$668M
Change in Working Capital	-$956M
OPERATING CASH FLOW	$13.4B
Capital Expenditure	-$2.9B
Acquisitions (Net)	-$492M
Purchases of Investments	$0
Sales/Maturities of Investments	$673M
Other Investing Activities	$281M
NET CASH FROM INVESTING	-$2.5B
Net Debt Issuance	-$4.2B
Common Stock Repurchased	-$5.6B
Common Dividends Paid	-$4.0B
Other Financing Activities	$0
NET CASH FROM FINANCING	-$12.5B
FREE CASH FLOW	$10.5B
Net Change in Cash	-$1.3B

Balance Sheet

Item	Amount
Cash & Equivalents	$5.4B
Short-Term Investments	$202M
Net Receivables	$6.6B
Inventory	$6.8B
Other Current Assets	$1.7B
TOTAL CURRENT ASSETS	$24.0B
PP&E (Net)	$19.5B
Goodwill	$56.6B
Intangible Assets	$33.6B
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$4.3B
TOTAL NON-CURRENT ASSETS	$114.0B
TOTAL ASSETS	$138.0B
Account Payables	$5.7B
Short-Term Debt	$12.0B
Deferred Revenue	$0
Other Current Liabilities	$12.4B
TOTAL CURRENT LIABILITIES	$30.7B
Long-Term Debt	$23.4B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$12.0B
Other Non-Current Liabilities	$5.1B
TOTAL NON-CURRENT LIABILITIES	$40.5B
TOTAL LIABILITIES	$71.3B
Common Stock	$4.0B
Additional Paid-In Capital	$59.0B
Retained Earnings	$41.8B
Treasury Stock	-$38.8B
Accum. Other Comp. Income	-$691M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$66.8B
Minority Interest	$0
TOTAL EQUITY	$66.8B
TOTAL LIABILITIES & EQUITY	$138.0B
Total Debt	$35.4B
Net Debt	$30.1B