2013 Q1 Form 10-Q Financial Statement

#000119312513211545 Filed on May 10, 2013

View on sec.gov

Income Statement

Concept 2013 Q1 2012 Q1
Revenue $6.082B $4.690B
YoY Change 29.68% -5.37%
Cost Of Revenue $2.981B $1.765B
YoY Change 68.9% -11.75%
Gross Profit $3.101B $2.925B
YoY Change 6.02% -1.02%
Gross Profit Margin 50.99% 62.37%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $471.0M $354.0M
YoY Change 33.05% 13.1%
% of Gross Profit 15.19% 12.1%
Operating Expenses $2.584B $2.544B
YoY Change 1.57% 45.12%
Operating Profit $508.0M $359.0M
YoY Change 41.5% -70.13%
Interest Expense $617.0M $189.0M
YoY Change 226.46% 8.0%
% of Operating Profit 121.46% 52.65%
Other Income/Expense, Net -$451.0M -$1.000M
YoY Change 45000.0% -98.85%
Pretax Income $57.00M $358.0M
YoY Change -84.08% -67.89%
Income Tax $56.00M $158.0M
% Of Pretax Income 98.25% 44.13%
Net Earnings -$4.000M $200.0M
YoY Change -102.0% -70.06%
Net Earnings / Revenue -0.07% 4.26%
Basic Earnings Per Share -$0.01 $0.28
Diluted Earnings Per Share -$0.01 $0.28
COMMON SHARES
Basic Shares Outstanding 855.0M shares 705.0M shares
Diluted Shares Outstanding 855.0M shares 707.0M shares

Balance Sheet

Concept 2013 Q1 2012 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $772.0M $721.0M
YoY Change 7.07% 48.05%
Cash & Equivalents $772.0M $721.0M
Short-Term Investments
Other Short-Term Assets $722.0M $5.704B
YoY Change -87.34% 1208.26%
Inventory $913.0M $942.0M
Prepaid Expenses
Receivables $2.835B $3.109B
Other Receivables $1.110B $1.339B
Total Short-Term Assets $9.274B $11.82B
YoY Change -21.51% 153.6%
LONG-TERM ASSETS
Property, Plant & Equipment $45.78B $42.11B
YoY Change 8.74% 37.83%
Goodwill $2.625B
YoY Change
Intangibles
YoY Change
Long-Term Investments $3.086B $3.235B
YoY Change -4.61% 337.16%
Other Assets $1.140B $17.85B
YoY Change -93.61% 2230.03%
Total Long-Term Assets $70.65B $65.81B
YoY Change 7.35% 40.88%
TOTAL ASSETS
Total Short-Term Assets $9.274B $11.82B
Total Long-Term Assets $70.65B $65.81B
Total Assets $79.92B $77.63B
YoY Change 2.96% 51.1%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.198B $2.263B
YoY Change -2.87% 70.02%
Accrued Expenses $1.430B $1.492B
YoY Change -4.16% 75.12%
Deferred Revenue
YoY Change
Short-Term Debt $233.0M $564.0M
YoY Change -58.69% 1028.0%
Long-Term Debt Due $2.164B $735.0M
YoY Change 194.42% -29.93%
Total Short-Term Liabilities $8.321B $9.052B
YoY Change -8.08% 117.02%
LONG-TERM LIABILITIES
Long-Term Debt $16.21B $450.0M
YoY Change 3502.22% -96.17%
Other Long-Term Liabilities $2.625B $18.22B
YoY Change -85.6% 1570.39%
Total Long-Term Liabilities $18.84B $450.0M
YoY Change 4085.56% -96.5%
TOTAL LIABILITIES
Total Short-Term Liabilities $8.321B $9.052B
Total Long-Term Liabilities $18.84B $450.0M
Total Liabilities $56.83B $55.62B
YoY Change 2.18% 48.89%
SHAREHOLDERS EQUITY
Retained Earnings $9.437B
YoY Change
Common Stock $16.65B
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $2.327B $2.327B
YoY Change 0.0% 0.0%
Treasury Stock Shares 35.00M shares
Shareholders Equity $21.09B $22.01B
YoY Change
Total Liabilities & Shareholders Equity $78.24B $77.63B
YoY Change 0.79% 51.1%

Cashflow Statement

Concept 2013 Q1 2012 Q1
OPERATING ACTIVITIES
Net Income -$4.000M $200.0M
YoY Change -102.0% -70.06%
Depreciation, Depletion And Amortization $471.0M $354.0M
YoY Change 33.05% 13.1%
Cash From Operating Activities $859.0M $994.0M
YoY Change -13.58% -580.19%
INVESTING ACTIVITIES
Capital Expenditures $1.447B $1.496B
YoY Change -3.28% 30.09%
Acquisitions
YoY Change
Other Investing Activities -$40.00M $54.00M
YoY Change -174.07% -460.0%
Cash From Investing Activities -$1.471B -$640.0M
YoY Change 129.84% -45.72%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $1.000M $451.0M
YoY Change -99.78% 45000.0%
Cash From Financing Activities -$102.0M -$649.0M
YoY Change -84.28% -348.66%
NET CHANGE
Cash From Operating Activities $859.0M $994.0M
Cash From Investing Activities -$1.471B -$640.0M
Cash From Financing Activities -$102.0M -$649.0M
Net Change In Cash -$714.0M -$295.0M
YoY Change 142.03% -73.78%
FREE CASH FLOW
Cash From Operating Activities $859.0M $994.0M
Capital Expenditures $1.447B $1.496B
Free Cash Flow -$588.0M -$502.0M
YoY Change 17.13% -63.01%

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