TMUS FY 2008 Earnings Report — T-Mobile US, Inc. Revenue & Financial Results | Market Cap Arena

T-Mobile US, Inc.TMUS

FY 2008 Earnings

Reported March 2, 2009

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2008	Prior Q	FY 2007	QoQ Change	YoY Change
Revenue	$2.8B	—	$2.2B	—	23.1%
Op. Income	$468M	—	$460M	—	1.7%
Gross Margin	43.2%	—	44.3%	—	-1.1pp
Net Margin	5.4%	—	4.5%	—	0.9pp
EPS (Diluted)	$0.84	—	$0.55	—	52.7%
Free Cash Flow	-$836M	—	-$198M	—	-321.2%

Revenue Flow

Item	Amount
REVENUE	$2.8B
Cost of Revenue	$1.6B
GROSS PROFIT	$1.2B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$448M
Other Expenses	$274M
Operating Expenses	$722M
Cost & Expenses	$2.3B
OPERATING INCOME	$468M
Interest Income	$23M
Interest Expense	$179M
Other Income/Expenses	-$188M
INCOME BEFORE TAX	$279M
Income Tax Expense	$130M
Net Income from Continuing Ops	$149M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$149M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$149M
D&A	$255M
EBIT	$459M
EBITDA	$714M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$2.8B
Cost of Revenue	$1.6B
GROSS PROFIT	$1.2B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$448M
Other Expenses	$274M
Operating Expenses	$722M
Cost & Expenses	$2.3B
OPERATING INCOME	$468M
Interest Income	$23M
Interest Expense	$179M
Other Income/Expenses	-$188M
INCOME BEFORE TAX	$279M
Income Tax Expense	$130M
Net Income from Continuing Ops	$149M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$149M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$149M
D&A	$255M
EBIT	$459M
EBITDA	$714M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$149M
Depreciation & Amortization	$259M
Stock-Based Compensation	$41M
Deferred Income Tax	$124M
Other Non-Cash Items	$83M
Change in Working Capital	-$209M
OPERATING CASH FLOW	$447M
Capital Expenditure	-$1.3B
Acquisitions (Net)	-$25M
Purchases of Investments	$856.0K
Sales/Maturities of Investments	$37.0K
Other Investing Activities	$13M
NET CASH FROM INVESTING	-$1.3B
Net Debt Issuance	$62M
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$0
NET CASH FROM FINANCING	$75M
FREE CASH FLOW	-$836M
Net Change in Cash	-$772M

Balance Sheet

Item	Amount
Cash & Equivalents	$698M
Short-Term Investments	$0
Net Receivables	$35M
Inventory	$156M
Other Current Assets	$99M
TOTAL CURRENT ASSETS	$1.0B
PP&E (Net)	$2.8B
Goodwill	$0
Intangible Assets	$2.4B
Long-Term Investments	$11M
Tax Assets	$0
Other Non-Current Assets	$97M
TOTAL NON-CURRENT ASSETS	$5.4B
TOTAL ASSETS	$6.4B
Account Payables	$326M
Short-Term Debt	$17M
Deferred Revenue	$152M
Other Current Liabilities	$5M
TOTAL CURRENT LIABILITIES	$742M
Long-Term Debt	$3.1B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$390M
Other Non-Current Liabilities	$192M
TOTAL NON-CURRENT LIABILITIES	$3.6B
TOTAL LIABILITIES	$4.4B
Common Stock	$35.0K
Additional Paid-In Capital	$1.6B
Retained Earnings	$488M
Treasury Stock	$0
Accum. Other Comp. Income	-$33M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$2.0B
Minority Interest	$6M
TOTAL EQUITY	$2.0B
TOTAL LIABILITIES & EQUITY	$6.4B
Total Debt	$3.1B
Net Debt	$2.4B