TMUS FY 2012 Earnings Report — T-Mobile US, Inc. Revenue & Financial Results | Market Cap Arena

T-Mobile US, Inc.TMUS

FY 2012 Earnings

Reported March 1, 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	$19.7B	—	$20.6B	—	-4.4%
Op. Income	$824M	—	$748M	—	10.2%
Gross Margin	58.9%	—	58.3%	—	0.6pp
Net Margin	2.0%	—	1.5%	—	0.5pp
EPS (Diluted)	$2.14	—	$1.64	—	30.5%
Free Cash Flow	$341M	—	$106M	—	222.5%

Revenue Flow

Item	Amount
REVENUE	$19.7B
Cost of Revenue	$8.1B
GROSS PROFIT	$11.6B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$6.8B
SG&A Expenses	$6.8B
Other Expenses	$11.2B
Operating Expenses	$18.0B
Cost & Expenses	$26.1B
OPERATING INCOME	$824M
Interest Income	$2M
Interest Expense	$661M
Other Income/Expenses	-$217M
INCOME BEFORE TAX	$607M
Income Tax Expense	$213M
Net Income from Continuing Ops	$394M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$394M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$392M
D&A	$641M
EBIT	-$6.3B
EBITDA	-$3.1B
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$19.7B
Cost of Revenue	$8.1B
GROSS PROFIT	$11.6B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$6.8B
SG&A Expenses	$6.8B
Other Expenses	$11.2B
Operating Expenses	$18.0B
Cost & Expenses	$26.1B
OPERATING INCOME	$824M
Interest Income	$2M
Interest Expense	$661M
Other Income/Expenses	-$217M
INCOME BEFORE TAX	$607M
Income Tax Expense	$213M
Net Income from Continuing Ops	$394M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$394M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$392M
D&A	$641M
EBIT	-$6.3B
EBITDA	-$3.1B
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$394M
Depreciation & Amortization	$641M
Stock-Based Compensation	$38M
Deferred Income Tax	$217M
Other Non-Cash Items	-$14M
Change in Working Capital	-$95M
OPERATING CASH FLOW	$1.2B
Capital Expenditure	-$840M
Acquisitions (Net)	-$20M
Purchases of Investments	-$692M
Sales/Maturities of Investments	$756M
Other Investing Activities	$73M
NET CASH FROM INVESTING	-$723M
Net Debt Issuance	$2.5B
Common Stock Repurchased	-$4M
Common Dividends Paid	-$2.4B
Other Financing Activities	-$101M
NET CASH FROM FINANCING	-$33M
FREE CASH FLOW	$341M
Net Change in Cash	$425M

Balance Sheet

Item	Amount
Cash & Equivalents	$2.4B
Short-Term Investments	$245M
Net Receivables	$3.4B
Inventory	$457M
Other Current Assets	$1.3B
TOTAL CURRENT ASSETS	$5.5B
PP&E (Net)	$12.8B
Goodwill	$0
Intangible Assets	$14.6B
Long-Term Investments	$2M
Tax Assets	$0
Other Non-Current Assets	$643M
TOTAL NON-CURRENT ASSETS	$7.0B
TOTAL ASSETS	$10.2B
Account Payables	$3.5B
Short-Term Debt	$51M
Deferred Revenue	$290M
Other Current Liabilities	-$92M
TOTAL CURRENT LIABILITIES	$5.6B
Long-Term Debt	$4.7B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$3.6B
Other Non-Current Liabilities	$11.1B
TOTAL NON-CURRENT LIABILITIES	$21.9B
TOTAL LIABILITIES	$27.5B
Common Stock	$0
Additional Paid-In Capital	$29.2B
Retained Earnings	-$23.1B
Treasury Stock	$0
Accum. Other Comp. Income	$41M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$6.1B
Minority Interest	$0
TOTAL EQUITY	$6.1B
TOTAL LIABILITIES & EQUITY	$33.6B
Total Debt	$7.2B
Net Debt	$6.8B