UNMA FY 2012 Earnings Report — Unum Group 6.250% JR NT58 Revenue & Financial Results | Market Cap Arena

Unum Group 6.250% JR NT58UNMA

FY 2012 Earnings

Reported February 22, 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	$10.5B	—	$10.3B	—	2.3%
Op. Income	$1.4B	—	$257M	—	442.3%
Gross Margin	16.3%	—	97.8%	—	-81.5pp
Net Margin	8.5%	—	2.3%	—	6.2pp
EPS (Diluted)	$3.17	—	$0.94	—	237.2%
Free Cash Flow	$1.3B	—	$1.2B	—	6.7%

Revenue Flow

Item	Amount
REVENUE	$10.5B
Cost of Revenue	$8.8B
GROSS PROFIT	$1.7B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$787M
Other Expenses	-$460M
Operating Expenses	$9.1B
Cost & Expenses	$9.1B
OPERATING INCOME	$1.4B
Interest Income	$0
Interest Expense	$145M
Other Income/Expenses	-$145M
INCOME BEFORE TAX	$1.2B
Income Tax Expense	$355M
Net Income from Continuing Ops	$894M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$894M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$894M
D&A	-$1.4B
EBIT	$1.4B
EBITDA	$0
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$10.5B
Cost of Revenue	$8.8B
GROSS PROFIT	$1.7B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$787M
Other Expenses	-$460M
Operating Expenses	$9.1B
Cost & Expenses	$9.1B
OPERATING INCOME	$1.4B
Interest Income	$0
Interest Expense	$145M
Other Income/Expenses	-$145M
INCOME BEFORE TAX	$1.2B
Income Tax Expense	$355M
Net Income from Continuing Ops	$894M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$894M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$894M
D&A	-$1.4B
EBIT	$1.4B
EBITDA	$0
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$894M
Depreciation & Amortization	$84M
Stock-Based Compensation	$24M
Deferred Income Tax	$0
Other Non-Cash Items	$401M
Change in Working Capital	$40M
OPERATING CASH FLOW	$1.4B
Capital Expenditure	-$105M
Acquisitions (Net)	$0
Purchases of Investments	-$3.9B
Sales/Maturities of Investments	$778M
Other Investing Activities	-$865M
NET CASH FROM INVESTING	-$970M
Net Debt Issuance	$320M
Common Stock Repurchased	-$497M
Common Dividends Paid	-$134M
Other Financing Activities	-$143M
NET CASH FROM FINANCING	-$449M
FREE CASH FLOW	$1.3B
Net Change in Cash	-$39M

Balance Sheet

Item	Amount
Cash & Equivalents	$77M
Short-Term Investments	$0
Net Receivables	$0
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$77M
PP&E (Net)	$502M
Goodwill	$202M
Intangible Assets	$1.8B
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	-$2.5B
TOTAL NON-CURRENT ASSETS	$2.5B
TOTAL ASSETS	$62.2B
Account Payables	$0
Short-Term Debt	$7M
Deferred Revenue	$0
Other Current Liabilities	-$7M
TOTAL CURRENT LIABILITIES	$7M
Long-Term Debt	$2.8B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	-$2.8B
TOTAL NON-CURRENT LIABILITIES	$2.8B
TOTAL LIABILITIES	$2.8B
Common Stock	$36M
Additional Paid-In Capital	$2.6B
Retained Earnings	$7.4B
Treasury Stock	-$2.0B
Accum. Other Comp. Income	$628M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$8.6B
Minority Interest	$0
TOTAL EQUITY	$8.6B
TOTAL LIABILITIES & EQUITY	$11.5B
Total Debt	$1.9B
Net Debt	$1.8B