TY FY 2013 Earnings Report — Tri-Continental Corporation Revenue & Financial Results | Market Cap Arena

Tri-Continental CorporationTY

FY 2013 Earnings

Reported December 30, 2013

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2013	Prior Q	FY 2012	QoQ Change	YoY Change
Revenue	$50M	—	—	—	—
Op. Income	$43M	—	—	—	—
Gross Margin	88.3%	—	—	—	—
Net Margin	627.5%	—	—	—	—
EPS (Diluted)	$5.01	—	—	—	—
Free Cash Flow	$313M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$50M
Cost of Revenue	$6M
GROSS PROFIT	$44M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$7M
SG&A Expenses	$7M
Other Expenses	$400.0K
Operating Expenses	$264M
Cost & Expenses	$264M
OPERATING INCOME	$43M
Interest Income	$0
Interest Expense	$270M
Other Income/Expenses	$270M
INCOME BEFORE TAX	$313M
Income Tax Expense	-$541M
Net Income from Continuing Ops	$312M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$312M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$312M
D&A	-$43M
EBIT	$584M
EBITDA	$268M
EPS	$5
EPS Diluted	$5

Income Statement

Item	Amount
REVENUE	$50M
Cost of Revenue	$6M
GROSS PROFIT	$44M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$7M
SG&A Expenses	$7M
Other Expenses	$400.0K
Operating Expenses	$264M
Cost & Expenses	$264M
OPERATING INCOME	$43M
Interest Income	$0
Interest Expense	$270M
Other Income/Expenses	$270M
INCOME BEFORE TAX	$313M
Income Tax Expense	-$541M
Net Income from Continuing Ops	$312M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$312M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$312M
D&A	-$43M
EBIT	$584M
EBITDA	$268M
EPS	$5
EPS Diluted	$5

Cash Flow Statement

Item	Amount
Net Income	$313M
Depreciation & Amortization	$0
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	-$313M
Change in Working Capital	$139M
OPERATING CASH FLOW	$313M
Capital Expenditure	$0
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$0
NET CASH FROM INVESTING	$0
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	-$61M
NET CASH FROM FINANCING	-$61M
FREE CASH FLOW	$313M
Net Change in Cash	$253M

Balance Sheet

Item	Amount
Cash & Equivalents	$0
Short-Term Investments	$0
Net Receivables	$16M
Inventory	$0
Other Current Assets	$255.3K
TOTAL CURRENT ASSETS	$16M
PP&E (Net)	$0
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$1.5B
Tax Assets	$0
Other Non-Current Assets	$437.2K
TOTAL NON-CURRENT ASSETS	$1.5B
TOTAL ASSETS	$1.5B
Account Payables	$6M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$204.1K
TOTAL CURRENT LIABILITIES	$6M
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$0
TOTAL NON-CURRENT LIABILITIES	$6M
TOTAL LIABILITIES	$6M
Common Stock	$31M
Additional Paid-In Capital	$0
Retained Earnings	-$224M
Treasury Stock	$0
Accum. Other Comp. Income	$0
Other Equity	$1.6B
TOTAL STOCKHOLDERS' EQUITY	$1.5B
Minority Interest	$0
TOTAL EQUITY	$1.5B
TOTAL LIABILITIES & EQUITY	$1.5B
Total Debt	$0
Net Debt	$0