SKM FY 2015 Earnings Report — SK Telecom Co.,Ltd Revenue & Financial Results | Market Cap Arena

SK Telecom Co.,LtdSKM

FY 2015 Earnings

Reported December 31, 2015

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2015	Prior Q	FY 2014	QoQ Change	YoY Change
Revenue	$11.6B	—	$11.6B	—	-0.2%
Op. Income	$1.0B	—	$1.1B	—	-7.0%
Gross Margin	80.7%	—	82.1%	—	-1.4pp
Net Margin	8.9%	—	10.5%	—	-1.6pp
EPS (Diluted)	$2.59	—	$3.11	—	-16.6%
Free Cash Flow	$791M	—	$364M	—	117.5%

Revenue Flow

Item	Amount
REVENUE	$11.6B
Cost of Revenue	$2.2B
GROSS PROFIT	$9.3B
R&D Expenses	$213M
Selling & Marketing	$273M
General & Administrative	$1.6B
SG&A Expenses	$1.9B
Other Expenses	$6.2B
Operating Expenses	$8.3B
Cost & Expenses	$10.6B
OPERATING INCOME	$1.0B
Interest Income	$32M
Interest Expense	$223M
Other Income/Expenses	$364M
INCOME BEFORE TAX	$1.4B
Income Tax Expense	$351M
Net Income from Continuing Ops	$1.0B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.0B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.0B
D&A	$2.0B
EBIT	$1.6B
EBITDA	$3.6B
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$11.6B
Cost of Revenue	$2.2B
GROSS PROFIT	$9.3B
R&D Expenses	$213M
Selling & Marketing	$273M
General & Administrative	$1.6B
SG&A Expenses	$1.9B
Other Expenses	$6.2B
Operating Expenses	$8.3B
Cost & Expenses	$10.6B
OPERATING INCOME	$1.0B
Interest Income	$32M
Interest Expense	$223M
Other Income/Expenses	$364M
INCOME BEFORE TAX	$1.4B
Income Tax Expense	$351M
Net Income from Continuing Ops	$1.0B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.0B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.0B
D&A	$2.0B
EBIT	$1.6B
EBITDA	$3.6B
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$1.0B
Depreciation & Amortization	$2.0B
Stock-Based Compensation	$0
Deferred Income Tax	$351M
Other Non-Cash Items	$140M
Change in Working Capital	-$423M
OPERATING CASH FLOW	$2.6B
Capital Expenditure	-$1.8B
Acquisitions (Net)	$79M
Purchases of Investments	-$478M
Sales/Maturities of Investments	$177M
Other Investing Activities	$37M
NET CASH FROM INVESTING	-$1.9B
Net Debt Issuance	$292M
Common Stock Repurchased	-$331M
Common Dividends Paid	-$451M
Other Financing Activities	-$160M
NET CASH FROM FINANCING	-$651M
FREE CASH FLOW	$791M
Net Change in Cash	-$44M

Balance Sheet

Item	Amount
Cash & Equivalents	$519M
Short-Term Investments	$529M
Net Receivables	$2.1B
Inventory	$185M
Other Current Assets	$74M
TOTAL CURRENT ASSETS	$3.5B
PP&E (Net)	$7.0B
Goodwill	$1.3B
Intangible Assets	$1.6B
Long-Term Investments	$5.5B
Tax Assets	$12M
Other Non-Current Assets	$476M
TOTAL NON-CURRENT ASSETS	$15.8B
TOTAL ASSETS	$19.3B
Account Payables	$189M
Short-Term Debt	$650M
Deferred Revenue	$244M
Other Current Liabilities	$28M
TOTAL CURRENT LIABILITIES	$3.5B
Long-Term Debt	$4.4B
Deferred Revenue NC	$2M
Deferred Tax Liabilities	$363M
Other Non-Current Liabilities	$573M
TOTAL NON-CURRENT LIABILITIES	$5.4B
TOTAL LIABILITIES	$8.9B
Common Stock	$30M
Additional Paid-In Capital	$2.0B
Retained Earnings	$10.1B
Treasury Stock	-$1.5B
Accum. Other Comp. Income	$6M
Other Equity	-$314M
TOTAL STOCKHOLDERS' EQUITY	$10.3B
Minority Interest	$83M
TOTAL EQUITY	$10.4B
TOTAL LIABILITIES & EQUITY	$19.3B
Total Debt	$5.1B
Net Debt	$4.6B