UNMA FY 2011 Earnings Report — Unum Group 6.250% JR NT58 Revenue & Financial Results | Market Cap Arena

Unum Group 6.250% JR NT58UNMA

FY 2011 Earnings

Reported February 24, 2012

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2011	Prior Q	FY 2010	QoQ Change	YoY Change
Revenue	$10.3B	—	$10.2B	—	0.8%
Op. Income	$257M	—	$1.3B	—	-80.7%
Gross Margin	97.8%	—	97.0%	—	0.7pp
Net Margin	2.3%	—	8.7%	—	-6.4pp
EPS (Diluted)	$0.94	—	$2.72	—	-65.4%
Free Cash Flow	$1.2B	—	$1.2B	—	-0.3%

Revenue Flow

Item	Amount
REVENUE	$10.3B
Cost of Revenue	$231M
GROSS PROFIT	$10.0B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	-$9.8B
Operating Expenses	-$9.8B
Cost & Expenses	$231M
OPERATING INCOME	$257M
Interest Income	$0
Interest Expense	$143M
Other Income/Expenses	-$339M
INCOME BEFORE TAX	$257M
Income Tax Expense	$22M
Net Income from Continuing Ops	$284M
Net Income from Discontinued Ops	$0
Other Adjustments	-$49M
NET INCOME	$235M
Net Income Deductions	-$49M
BOTTOM LINE NET INCOME	$284M
D&A	$0
EBIT	$477M
EBITDA	$257M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$10.3B
Cost of Revenue	$231M
GROSS PROFIT	$10.0B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	-$9.8B
Operating Expenses	-$9.8B
Cost & Expenses	$231M
OPERATING INCOME	$257M
Interest Income	$0
Interest Expense	$143M
Other Income/Expenses	-$339M
INCOME BEFORE TAX	$257M
Income Tax Expense	$22M
Net Income from Continuing Ops	$284M
Net Income from Discontinued Ops	$0
Other Adjustments	-$49M
NET INCOME	$235M
Net Income Deductions	-$49M
BOTTOM LINE NET INCOME	$284M
D&A	$0
EBIT	$477M
EBITDA	$257M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$235M
Depreciation & Amortization	$81M
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	$877M
Change in Working Capital	$0
OPERATING CASH FLOW	$1.2B
Capital Expenditure	$0
Acquisitions (Net)	$0
Purchases of Investments	-$3.3B
Sales/Maturities of Investments	$1.3B
Other Investing Activities	$1.6B
NET CASH FROM INVESTING	-$410M
Net Debt Issuance	$3M
Common Stock Repurchased	-$620M
Common Dividends Paid	-$121M
Other Financing Activities	$3M
NET CASH FROM FINANCING	-$720M
FREE CASH FLOW	$1.2B
Net Change in Cash	$63M

Balance Sheet

Item	Amount
Cash & Equivalents	$0
Short-Term Investments	$474M
Net Receivables	$0
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$474M
PP&E (Net)	$0
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$10.5B
TOTAL NON-CURRENT ASSETS	$10.5B
TOTAL ASSETS	$11.0B
Account Payables	$0
Short-Term Debt	$3M
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$3M
Long-Term Debt	$1.6B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$803M
TOTAL NON-CURRENT LIABILITIES	$2.4B
TOTAL LIABILITIES	$2.4B
Common Stock	$36M
Additional Paid-In Capital	$0
Retained Earnings	$7.0B
Treasury Stock	$0
Accum. Other Comp. Income	$0
Other Equity	$1.5B
TOTAL STOCKHOLDERS' EQUITY	$8.6B
Minority Interest	$0
TOTAL EQUITY	$8.6B
TOTAL LIABILITIES & EQUITY	$11.0B
Total Debt	$1.6B
Net Debt	$1.6B