RGLD FY 2012 Earnings Report — Royal Gold, Inc. Revenue & Financial Results | Market Cap Arena

Royal Gold, Inc.RGLD

FY 2012 Earnings

Reported August 8, 2013

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2012	Prior Q	FY 2011	QoQ Change	YoY Change
Revenue	$280M	—	$263M	—	6.5%
Op. Income	$172M	—	$158M	—	8.4%
Gross Margin	100.0%	—	67.9%	—	32.1pp
Net Margin	24.7%	—	35.2%	—	-10.5pp
EPS (Diluted)	$1.09	—	$1.61	—	-32.3%
Free Cash Flow	-$142M	—	-$115M	—	-23.7%

Revenue Flow

Item	Amount
REVENUE	$280M
Cost of Revenue	$0
GROSS PROFIT	$280M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$24M
SG&A Expenses	$24M
Other Expenses	$85M
Operating Expenses	$109M
Cost & Expenses	$109M
OPERATING INCOME	$172M
Interest Income	$3M
Interest Expense	$25M
Other Income/Expenses	-$34M
INCOME BEFORE TAX	$137M
Income Tax Expense	$64M
Net Income from Continuing Ops	$73M
Net Income from Discontinued Ops	$0
NET INCOME	$69M
BOTTOM LINE NET INCOME	$69M
D&A	$85M
EBIT	$171M
EBITDA	$256M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$280M
Cost of Revenue	$0
GROSS PROFIT	$280M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$24M
SG&A Expenses	$24M
Other Expenses	$85M
Operating Expenses	$109M
Cost & Expenses	$109M
OPERATING INCOME	$172M
Interest Income	$3M
Interest Expense	$25M
Other Income/Expenses	-$34M
INCOME BEFORE TAX	$137M
Income Tax Expense	$64M
Net Income from Continuing Ops	$73M
Net Income from Discontinued Ops	$0
NET INCOME	$69M
BOTTOM LINE NET INCOME	$69M
D&A	$85M
EBIT	$171M
EBITDA	$256M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$69M
Depreciation & Amortization	$85M
Stock-Based Compensation	$0
Deferred Income Tax	-$11M
Other Non-Cash Items	$25M
Change in Working Capital	$4M
OPERATING CASH FLOW	$173M
Capital Expenditure	-$314M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$5M
NET CASH FROM INVESTING	-$309M
Common Stock Repurchased	$0
Common Dividends Paid	-$44M
Other Financing Activities	-$4M
NET CASH FROM FINANCING	$425M
FREE CASH FLOW	-$142M
Net Change in Cash	$289M

Balance Sheet

Item	Amount
Cash & Equivalents	$664M
Short-Term Investments	$0
Net Receivables	$66M
Inventory	$0
Other Current Assets	$15M
TOTAL CURRENT ASSETS	$744M
PP&E (Net)	$2.1B
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$10M
Tax Assets	$0
Other Non-Current Assets	$31M
TOTAL NON-CURRENT ASSETS	$2.2B
TOTAL ASSETS	$2.9B
Account Payables	$3M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$32M
TOTAL CURRENT LIABILITIES	$35M
Long-Term Debt	$302M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$174M
Other Non-Current Liabilities	$23M
TOTAL NON-CURRENT LIABILITIES	$500M
TOTAL LIABILITIES	$535M
Common Stock	$30M
Additional Paid-In Capital	$0
Retained Earnings	$181M
Treasury Stock	$0
Accum. Other Comp. Income	-$5M
Other Equity	$2.1B
TOTAL STOCKHOLDERS' EQUITY	$2.3B
Minority Interest	$22M
TOTAL EQUITY	$2.4B
TOTAL LIABILITIES & EQUITY	$2.9B
Total Debt	$302M
Net Debt	-$362M