2012 Q2 Form 10-Q Financial Statement

#000103129612000040 Filed on August 07, 2012

View on sec.gov

Income Statement

Concept 2012 Q2 2011 Q2
Revenue $3.755B $4.060B
YoY Change -7.51% 29.34%
Cost Of Revenue $1.045B $1.220B
YoY Change -14.34% 14.77%
Gross Profit $2.693B $2.840B
YoY Change -5.18% 36.67%
Gross Profit Margin 71.72% 69.95%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $347.0M $279.0M
YoY Change 24.37% 46.84%
% of Gross Profit 12.89% 9.82%
Operating Expenses $2.150B $2.319B
YoY Change -7.29% 49.42%
Operating Profit $549.0M $521.0M
YoY Change 5.37% -0.95%
Interest Expense $274.0M -$214.0M
YoY Change -228.04% 57.35%
% of Operating Profit 49.91% -41.07%
Other Income/Expense, Net -$242.0M -$214.0M
YoY Change 13.08% 57.35%
Pretax Income $315.0M $307.0M
YoY Change 2.61% -21.28%
Income Tax $123.0M $114.0M
% Of Pretax Income 39.05% 37.13%
Net Earnings $187.0M $203.0M
YoY Change -7.88% -23.4%
Net Earnings / Revenue 4.98% 5.0%
Basic Earnings Per Share $0.45 $0.48
Diluted Earnings Per Share $0.45 $0.48
COMMON SHARES
Basic Shares Outstanding 417.0M shares 418.0M shares
Diluted Shares Outstanding 419.0M shares 420.0M shares

Balance Sheet

Concept 2012 Q2 2011 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $94.00M $398.0M
YoY Change -76.38% 41.64%
Cash & Equivalents $94.00M $476.0M
Short-Term Investments
Other Short-Term Assets $171.0M $1.020B
YoY Change -83.24% 395.15%
Inventory $921.0M $866.0M
Prepaid Expenses
Receivables $1.635B $1.578B
Other Receivables $263.0M $256.0M
Total Short-Term Assets $3.608B $4.118B
YoY Change -12.38% 32.24%
LONG-TERM ASSETS
Property, Plant & Equipment $30.77B $29.44B
YoY Change 4.51% 50.59%
Goodwill $6.444B $6.436B
YoY Change 0.12% 15.44%
Intangibles
YoY Change
Long-Term Investments $1.365B $1.105B
YoY Change 23.53% 2.79%
Other Assets $1.588B $5.504B
YoY Change -71.15% 567.15%
Total Long-Term Assets $10.15B $43.48B
YoY Change -76.65% 391.44%
TOTAL ASSETS
Total Short-Term Assets $3.608B $4.118B
Total Long-Term Assets $10.15B $43.48B
Total Assets $48.05B $47.60B
YoY Change 0.95% 38.1%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.052B $1.122B
YoY Change -6.24% 32.31%
Accrued Expenses $288.0M $331.0M
YoY Change -12.99%
Deferred Revenue
YoY Change
Short-Term Debt $1.890B $656.0M
YoY Change 188.11% -55.16%
Long-Term Debt Due $1.577B $2.058B
YoY Change -23.37% 31.0%
Total Short-Term Liabilities $6.082B $5.544B
YoY Change 9.7% 9.89%
LONG-TERM LIABILITIES
Long-Term Debt $15.16B $16.49B
YoY Change -8.08% 39.04%
Other Long-Term Liabilities $1.980B $7.392B
YoY Change -73.21% 504.91%
Total Long-Term Liabilities $13.30B $23.88B
YoY Change -44.33% 173.23%
TOTAL LIABILITIES
Total Short-Term Liabilities $6.082B $5.544B
Total Long-Term Liabilities $13.30B $23.88B
Total Liabilities $19.38B $34.60B
YoY Change -43.99% 150.96%
SHAREHOLDERS EQUITY
Retained Earnings $3.310B
YoY Change
Common Stock $9.756B
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $13.50B $13.00B
YoY Change
Total Liabilities & Shareholders Equity $48.05B $47.60B
YoY Change 0.95% 38.1%

Cashflow Statement

Concept 2012 Q2 2011 Q2
OPERATING ACTIVITIES
Net Income $187.0M $203.0M
YoY Change -7.88% -23.4%
Depreciation, Depletion And Amortization $347.0M $279.0M
YoY Change 24.37% 46.84%
Cash From Operating Activities $475.0M $540.0M
YoY Change -12.04% 53.41%
INVESTING ACTIVITIES
Capital Expenditures -$412.0M -$569.0M
YoY Change -27.59% 15.42%
Acquisitions
YoY Change
Other Investing Activities -$55.00M -$107.0M
YoY Change -48.6% -5450.0%
Cash From Investing Activities -$467.0M -$676.0M
YoY Change -30.92% 37.68%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 12.00M -489.0M
YoY Change -102.45% -544.55%
NET CHANGE
Cash From Operating Activities 475.0M 540.0M
Cash From Investing Activities -467.0M -676.0M
Cash From Financing Activities 12.00M -489.0M
Net Change In Cash 20.00M -625.0M
YoY Change -103.2% 2055.17%
FREE CASH FLOW
Cash From Operating Activities $475.0M $540.0M
Capital Expenditures -$412.0M -$569.0M
Free Cash Flow $887.0M $1.109B
YoY Change -20.02% 31.24%

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dei Current Fiscal Year End Date
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dei Document Fiscal Period Focus
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dei Document Period End Date
DocumentPeriodEndDate
2012-06-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0001031296
CY2012Q3 dei Entity Common Stock Shares Outstanding
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dei Entity Current Reporting Status
EntityCurrentReportingStatus
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dei Entity Filer Category
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Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
FIRSTENERGY CORP
dei Entity Voluntary Filers
EntityVoluntaryFilers
No
dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes

Files In Submission

Name View Source Status
0001031296-12-000040-index-headers.html Edgar Link pending
0001031296-12-000040-index.html Edgar Link pending
0001031296-12-000040.txt Edgar Link pending
0001031296-12-000040-xbrl.zip Edgar Link pending
fe-20120630.xml Edgar Link completed
fe-20120630.xsd Edgar Link pending
fe-20120630_cal.xml Edgar Link unprocessable
fe-20120630_def.xml Edgar Link unprocessable
fe-20120630_lab.xml Edgar Link unprocessable
fe-20120630_pre.xml Edgar Link unprocessable
fe-6302012x10q.htm Edgar Link pending
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FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
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report.css Edgar Link pending
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