TROX FY 2012 Earnings Report — Tronox Holdings plc Revenue & Financial Results | Market Cap Arena

Tronox Holdings plcTROX

FY 2012 Earnings

Reported February 28, 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	$1.8B	—	—	—	—
Op. Income	$25M	—	—	—	—
Gross Margin	14.4%	—	—	—	—
Net Margin	61.9%	—	—	—	—
EPS (Diluted)	$11.10	—	—	—	—
Free Cash Flow	-$48M	—	-$158M	—	69.6%

Revenue Flow

Item	Amount
REVENUE	$1.8B
Cost of Revenue	$1.6B
GROSS PROFIT	$264M
R&D Expenses	$9M
Selling & Marketing	$0
General & Administrative	$239M
SG&A Expenses	$239M
Other Expenses	-$7M
Operating Expenses	$239M
Cost & Expenses	$1.8B
OPERATING INCOME	$25M
Interest Income	$63M
Interest Expense	$0
Other Income/Expenses	$983M
INCOME BEFORE TAX	$1.0B
Income Tax Expense	-$125M
Net Income from Continuing Ops	$1.1B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.1B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.1B
D&A	$211M
EBIT	$1.1B
EBITDA	$1.3B
EPS	$11
EPS Diluted	$11

Income Statement

Item	Amount
REVENUE	$1.8B
Cost of Revenue	$1.6B
GROSS PROFIT	$264M
R&D Expenses	$9M
Selling & Marketing	$0
General & Administrative	$239M
SG&A Expenses	$239M
Other Expenses	-$7M
Operating Expenses	$239M
Cost & Expenses	$1.8B
OPERATING INCOME	$25M
Interest Income	$63M
Interest Expense	$0
Other Income/Expenses	$983M
INCOME BEFORE TAX	$1.0B
Income Tax Expense	-$125M
Net Income from Continuing Ops	$1.1B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.1B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.1B
D&A	$211M
EBIT	$1.1B
EBITDA	$1.3B
EPS	$11
EPS Diluted	$11

Cash Flow Statement

Item	Amount
Net Income	$1.1B
Depreciation & Amortization	$211M
Stock-Based Compensation	$31M
Deferred Income Tax	-$162M
Other Non-Cash Items	-$870M
Change in Working Capital	-$225M
OPERATING CASH FLOW	$118M
Capital Expenditure	-$166M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$114M
NET CASH FROM INVESTING	-$52M
Net Debt Issuance	$1.1B
Common Stock Repurchased	-$341M
Common Dividends Paid	-$61M
Other Financing Activities	-$231M
NET CASH FROM FINANCING	$490M
FREE CASH FLOW	-$48M
Net Change in Cash	$562M

Balance Sheet

Item	Amount
Cash & Equivalents	$716M
Short-Term Investments	$0
Net Receivables	$391M
Inventory	$914M
Other Current Assets	$114M
TOTAL CURRENT ASSETS	$2.2B
PP&E (Net)	$2.9B
Goodwill	$0
Intangible Assets	$326M
Long-Term Investments	$0
Tax Assets	$91M
Other Non-Current Assets	$59M
TOTAL NON-CURRENT ASSETS	$3.3B
TOTAL ASSETS	$5.5B
Account Payables	$189M
Short-Term Debt	$40M
Deferred Revenue	$0
Other Current Liabilities	$50M
TOTAL CURRENT LIABILITIES	$467M
Long-Term Debt	$1.6B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$222M
Other Non-Current Liabilities	$335M
TOTAL NON-CURRENT LIABILITIES	$2.2B
TOTAL LIABILITIES	$2.6B
Common Stock	$1M
Additional Paid-In Capital	$1.4B
Retained Earnings	$1.3B
Treasury Stock	$0
Accum. Other Comp. Income	-$95M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$2.6B
Minority Interest	$233M
TOTAL EQUITY	$2.9B
TOTAL LIABILITIES & EQUITY	$5.5B
Total Debt	$1.6B
Net Debt	$929M