$IMO
IMPERIAL OIL LTD

2012 Q2 Form 10-Q Financial Statement

#000119312512330149 Filed on August 02, 2012

View on sec.gov

Income Statement

Concept 2012 Q2 2011 Q2 2011 Q1
Revenue $1.133B $1.094B $6.871B
YoY Change 3.56% -82.18% 11.43%
Cost Of Revenue $6.232B $6.349B $5.274B
YoY Change -1.84% 27.75% 5.59%
Gross Profit $1.283B $1.425B $1.597B
YoY Change -9.96% 21.9% 36.38%
Gross Profit Margin 113.24% 130.26% 23.24%
Selling, General & Admin $247.0M $253.0M $321.0M
YoY Change -2.37% -4.53% 28.4%
% of Gross Profit 19.25% 17.75% 20.1%
Research & Development $18.00M $22.00M $37.00M
YoY Change -18.18% -26.67% -57.47%
% of Gross Profit 1.4% 1.54% 2.32%
Depreciation & Amortization $178.0M $190.0M $188.0M
YoY Change -6.32% -1.04% 3.3%
% of Gross Profit 13.87% 13.33% 11.77%
Operating Expenses $247.0M $253.0M $546.0M
YoY Change -2.37% -48.05% 5.2%
Operating Profit $1.036B $1.172B $1.051B
YoY Change -11.6% 71.85% 61.2%
Interest Expense $0.00 $1.000M $0.00
YoY Change -100.0%
% of Operating Profit 0.0% 0.09% 0.0%
Other Income/Expense, Net $0.00 -$1.000M
YoY Change -100.0%
Pretax Income $840.0M $959.0M $1.051B
YoY Change -12.41% 40.62% 61.44%
Income Tax $205.0M $233.0M $270.0M
% Of Pretax Income 24.4% 24.3% 25.69%
Net Earnings $635.0M $726.0M $781.0M
YoY Change -12.53% 40.43% 64.08%
Net Earnings / Revenue 56.05% 66.36% 11.37%
Basic Earnings Per Share $0.75 $0.86
Diluted Earnings Per Share $0.75 $0.85 $914.5K
COMMON SHARES
Basic Shares Outstanding 848.0M shares 847.7M 847.8M
Diluted Shares Outstanding 851.6M shares

Balance Sheet

Concept 2012 Q2 2011 Q2 2011 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $996.0M $419.0M $301.0M
YoY Change 137.71% 554.69% -43.63%
Cash & Equivalents $996.0M $419.0M $301.0M
Short-Term Investments
Other Short-Term Assets $814.0M $875.0M $899.0M
YoY Change -6.97% 15.44% 19.87%
Inventory $931.0M $1.014B $913.0M
Prepaid Expenses
Receivables $2.143B $2.301B $2.243B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $4.884B $4.609B $4.356B
YoY Change 5.97% 42.78% 13.41%
LONG-TERM ASSETS
Property, Plant & Equipment $21.17B $17.24B $16.53B
YoY Change 22.79% 22.03% 22.64%
Goodwill $204.0M
YoY Change
Intangibles
YoY Change
Long-Term Investments $928.0M $851.0M $854.0M
YoY Change 9.05% 13.47% 13.87%
Other Assets $58.00M $64.00M $64.00M
YoY Change -9.38% 6.67% 4.92%
Total Long-Term Assets $22.36B $18.36B $17.65B
YoY Change 21.79% 21.25% 21.79%
TOTAL ASSETS
Total Short-Term Assets $4.884B $4.609B $4.356B
Total Long-Term Assets $22.36B $18.36B $17.65B
Total Assets $27.24B $22.97B $22.01B
YoY Change 18.61% 25.03% 20.03%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $147.0M $3.999B $4.021B
YoY Change -96.32% 25.13% 16.62%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $364.0M $364.0M $229.0M
YoY Change 0.0% 82.91% 110.09%
Total Short-Term Liabilities $6.263B $5.472B $5.326B
YoY Change 14.46% 36.39% 25.52%
LONG-TERM LIABILITIES
Long-Term Debt $820.0M $845.0M $526.0M
YoY Change -2.96% 2813.79% 1653.33%
Other Long-Term Liabilities $3.856B $2.747B $2.880B
YoY Change 40.37% 13.19% 7.5%
Total Long-Term Liabilities $4.676B $3.592B $3.406B
YoY Change 30.18% 46.25% 25.73%
TOTAL LIABILITIES
Total Short-Term Liabilities $6.263B $5.472B $5.326B
Total Long-Term Liabilities $4.676B $3.592B $3.406B
Total Liabilities $12.58B $10.60B $10.24B
YoY Change 18.63% 32.94% 22.07%
SHAREHOLDERS EQUITY
Retained Earnings $15.35B
YoY Change
Common Stock $1.566B $1.520B
YoY Change 0.8%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $14.66B $12.36B $11.76B
YoY Change
Total Liabilities & Shareholders Equity $27.24B $22.97B $22.01B
YoY Change 18.61% 25.03% 20.03%

Cashflow Statement

Concept 2012 Q2 2011 Q2 2011 Q1
OPERATING ACTIVITIES
Net Income $635.0M $726.0M $781.0M
YoY Change -12.53% 40.43% 64.08%
Depreciation, Depletion And Amortization $178.0M $190.0M $188.0M
YoY Change -6.32% -1.04% 3.3%
Cash From Operating Activities $1.317B $656.0M $959.0M
YoY Change 100.76% 102.47% 4.92%
INVESTING ACTIVITIES
Capital Expenditures -$1.290B -$903.0M -$822.0M
YoY Change 42.86% 6.11% 1.11%
Acquisitions
YoY Change
Other Investing Activities $66.00M $10.00M $16.00M
YoY Change 560.0% -81.48% 166.67%
Cash From Investing Activities -$1.224B -$893.0M -$806.0M
YoY Change 37.07% 12.05% -0.12%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $60.00M $8.000M
YoY Change 650.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -142.0M 355.0M -119.0M
YoY Change -140.0% 11733.33% 38.37%
NET CHANGE
Cash From Operating Activities 1.317B 656.0M 959.0M
Cash From Investing Activities -1.224B -893.0M -806.0M
Cash From Financing Activities -142.0M 355.0M -119.0M
Net Change In Cash -49.00M 118.0M 34.00M
YoY Change -141.53% -125.11% 61.9%
FREE CASH FLOW
Cash From Operating Activities $1.317B $656.0M $959.0M
Capital Expenditures -$1.290B -$903.0M -$822.0M
Free Cash Flow $2.607B $1.559B $1.781B
YoY Change 67.22% 32.68% 3.13%

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dei Trading Symbol
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IMO
dei Entity Registrant Name
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IMPERIAL OIL LTD
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