SKM FY 2014 Earnings Report — SK Telecom Co.,Ltd Revenue & Financial Results | Market Cap Arena

SK Telecom Co.,LtdSKM

FY 2014 Earnings

Reported December 31, 2014

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	$11.6B	—	—	—	—
Op. Income	$1.1B	—	—	—	—
Gross Margin	82.1%	—	—	—	—
Net Margin	10.5%	—	—	—	—
EPS (Diluted)	$3.11	—	—	—	—
Free Cash Flow	$364M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$11.6B
Cost of Revenue	$2.1B
GROSS PROFIT	$9.5B
R&D Expenses	$264M
Selling & Marketing	$281M
General & Administrative	$1.5B
SG&A Expenses	$1.8B
Other Expenses	$6.4B
Operating Expenses	$8.4B
Cost & Expenses	$10.5B
OPERATING INCOME	$1.1B
Interest Income	$41M
Interest Expense	$223M
Other Income/Expenses	$436M
INCOME BEFORE TAX	$1.5B
Income Tax Expense	$307M
Net Income from Continuing Ops	$1.2B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.2B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.2B
D&A	$2.0B
EBIT	$1.7B
EBITDA	$3.7B
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$11.6B
Cost of Revenue	$2.1B
GROSS PROFIT	$9.5B
R&D Expenses	$264M
Selling & Marketing	$281M
General & Administrative	$1.5B
SG&A Expenses	$1.8B
Other Expenses	$6.4B
Operating Expenses	$8.4B
Cost & Expenses	$10.5B
OPERATING INCOME	$1.1B
Interest Income	$41M
Interest Expense	$223M
Other Income/Expenses	$436M
INCOME BEFORE TAX	$1.5B
Income Tax Expense	$307M
Net Income from Continuing Ops	$1.2B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.2B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.2B
D&A	$2.0B
EBIT	$1.7B
EBITDA	$3.7B
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$1.2B
Depreciation & Amortization	$2.0B
Stock-Based Compensation	$0
Deferred Income Tax	$307M
Other Non-Cash Items	$153M
Change in Working Capital	-$446M
OPERATING CASH FLOW	$2.5B
Capital Expenditure	-$2.1B
Acquisitions (Net)	-$289M
Purchases of Investments	-$147M
Sales/Maturities of Investments	$50M
Other Investing Activities	$19M
NET CASH FROM INVESTING	-$2.5B
Net Debt Issuance	$88M
Common Stock Repurchased	$0
Common Dividends Paid	-$450M
Other Financing Activities	-$16M
NET CASH FROM FINANCING	-$378M
FREE CASH FLOW	$364M
Net Change in Cash	-$381M

Balance Sheet

Item	Amount
Cash & Equivalents	$563M
Short-Term Investments	$400M
Net Receivables	$2.1B
Inventory	$181M
Other Current Assets	$65M
TOTAL CURRENT ASSETS	$3.4B
PP&E (Net)	$7.1B
Goodwill	$1.3B
Intangible Assets	$1.7B
Long-Term Investments	$4.9B
Tax Assets	$17M
Other Non-Current Assets	$411M
TOTAL NON-CURRENT ASSETS	$15.4B
TOTAL ASSETS	$18.9B
Account Payables	$186M
Short-Term Debt	$646M
Deferred Revenue	$308M
Other Current Liabilities	$35M
TOTAL CURRENT LIABILITIES	$3.7B
Long-Term Debt	$3.9B
Deferred Revenue NC	$13M
Deferred Tax Liabilities	$300M
Other Non-Current Liabilities	$682M
TOTAL NON-CURRENT LIABILITIES	$4.9B
TOTAL LIABILITIES	$8.6B
Common Stock	$30M
Additional Paid-In Capital	$2.0B
Retained Earnings	$9.6B
Treasury Stock	-$1.5B
Accum. Other Comp. Income	-$3M
Other Equity	-$324M
TOTAL STOCKHOLDERS' EQUITY	$9.8B
Minority Interest	$501M
TOTAL EQUITY	$10.3B
TOTAL LIABILITIES & EQUITY	$18.9B
Total Debt	$4.6B
Net Debt	$4.0B