UNMA FY 2015 Earnings Report — Unum Group 6.250% JR NT58 Revenue & Financial Results | Market Cap Arena

Unum Group 6.250% JR NT58UNMA

FY 2015 Earnings

Reported February 24, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2015	Prior Q	FY 2014	QoQ Change	YoY Change
Revenue	$10.7B	—	$10.5B	—	2.0%
Op. Income	$1.4B	—	$710M	—	96.1%
Gross Margin	96.8%	—	99.0%	—	-2.2pp
Net Margin	8.1%	—	3.8%	—	4.3pp
EPS (Diluted)	$3.50	—	$1.57	—	122.9%
Free Cash Flow	$1.2B	—	$1.1B	—	7.5%

Revenue Flow

Item	Amount
REVENUE	$10.7B
Cost of Revenue	$342M
GROSS PROFIT	$10.4B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$835M
Other Expenses	-$9.2B
Operating Expenses	$9.3B
Cost & Expenses	$9.3B
OPERATING INCOME	$1.4B
Interest Income	$0
Interest Expense	$153M
Other Income/Expenses	-$8.7B
INCOME BEFORE TAX	$1.2B
Income Tax Expense	$371M
Net Income from Continuing Ops	$867M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$867M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$867M
D&A	-$1.4B
EBIT	$1.4B
EBITDA	$0
EPS	$4
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$10.7B
Cost of Revenue	$342M
GROSS PROFIT	$10.4B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$835M
Other Expenses	-$9.2B
Operating Expenses	$9.3B
Cost & Expenses	$9.3B
OPERATING INCOME	$1.4B
Interest Income	$0
Interest Expense	$153M
Other Income/Expenses	-$8.7B
INCOME BEFORE TAX	$1.2B
Income Tax Expense	$371M
Net Income from Continuing Ops	$867M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$867M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$867M
D&A	-$1.4B
EBIT	$1.4B
EBITDA	$0
EPS	$4
EPS Diluted	$4

Cash Flow Statement

Item	Amount
Net Income	$867M
Depreciation & Amortization	$100M
Stock-Based Compensation	$24M
Deferred Income Tax	$0
Other Non-Cash Items	$46M
Change in Working Capital	$256M
OPERATING CASH FLOW	$1.3B
Capital Expenditure	-$100M
Acquisitions (Net)	-$54M
Purchases of Investments	-$4.5B
Sales/Maturities of Investments	$1.2B
Other Investing Activities	-$559M
NET CASH FROM INVESTING	-$713M
Net Debt Issuance	$45M
Common Stock Repurchased	-$418M
Common Dividends Paid	-$174M
Other Financing Activities	-$22M
NET CASH FROM FINANCING	-$569M
FREE CASH FLOW	$1.2B
Net Change in Cash	$10M

Balance Sheet

Item	Amount
Cash & Equivalents	$113M
Short-Term Investments	$0
Net Receivables	$0
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$113M
PP&E (Net)	$524M
Goodwill	$231M
Intangible Assets	$2.0B
Long-Term Investments	-$160M
Tax Assets	$160M
Other Non-Current Assets	$57.7B
TOTAL NON-CURRENT ASSETS	$60.5B
TOTAL ASSETS	$60.6B
Account Payables	$0
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$352M
Long-Term Debt	$2.4B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$0
TOTAL NON-CURRENT LIABILITIES	$2.4B
TOTAL LIABILITIES	$2.4B
Common Stock	$30M
Additional Paid-In Capital	$2.2B
Retained Earnings	$8.0B
Treasury Stock	-$1.6B
Accum. Other Comp. Income	$16M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$8.7B
Minority Interest	$0
TOTAL EQUITY	$8.7B
TOTAL LIABILITIES & EQUITY	$11.1B
Total Debt	$2.4B
Net Debt	$2.3B