2010 Form 10-K Financial Statement

#000078497711000009 Filed on February 25, 2011

View on sec.gov

Income Statement

Concept 2010 2009 Q4 2009
Revenue $1.783B $485.0M $1.804B
YoY Change -1.16% 8.02% 3.38%
Cost Of Revenue $1.003B $331.0M $1.122B
YoY Change -10.61% 22.59% 7.16%
Gross Profit $780.0M $154.0M $682.0M
YoY Change 14.37% -13.97% -2.29%
Gross Profit Margin 43.75% 31.75% 37.8%
Selling, General & Admin $186.0M $45.00M $179.0M
YoY Change 3.91% -6.25% -5.79%
% of Gross Profit 23.85% 29.22% 26.25%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $238.0M $51.00M $211.0M
YoY Change 12.8% -5.56% 1.44%
% of Gross Profit 30.51% 33.12% 30.94%
Operating Expenses $513.0M $116.0M $474.0M
YoY Change 8.23% -4.92% -1.46%
Operating Profit $267.0M $38.00M $208.0M
YoY Change 28.37% -33.33% -4.15%
Interest Expense $110.0M -$28.00M $104.0M
YoY Change 5.77% 21.74% 15.56%
% of Operating Profit 41.2% -73.68% 50.0%
Other Income/Expense, Net $17.00M $2.000M $21.00M
YoY Change -19.05% -133.33% -520.0%
Pretax Income $174.0M $12.00M $125.0M
YoY Change 39.2% -57.14% 2.46%
Income Tax $53.00M $4.000M $36.00M
% Of Pretax Income 30.46% 33.33% 28.8%
Net Earnings $125.0M $8.000M $95.00M
YoY Change 31.58% -60.0% 9.2%
Net Earnings / Revenue 7.01% 1.65% 5.27%
Basic Earnings Per Share $1.66 $1.31
Diluted Earnings Per Share $1.66 $106.2K $1.31
COMMON SHARES
Basic Shares Outstanding 75.28M shares 72.79M shares
Diluted Shares Outstanding 75.29M shares 72.85M shares

Balance Sheet

Concept 2010 2009 Q4 2009
SHORT-TERM ASSETS
Cash & Short-Term Investments $87.00M $87.00M $87.00M
YoY Change 0.0% -56.28% -56.28%
Cash & Equivalents $4.000M $31.00M $31.00M
Short-Term Investments $83.00M $56.00M $56.00M
Other Short-Term Assets $381.0M $94.00M $386.0M
YoY Change -1.3% -75.39% 1.05%
Inventory $56.00M $58.00M $58.00M
Prepaid Expenses
Receivables $137.0M $159.0M $159.0M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $661.0M $690.0M $690.0M
YoY Change -4.2% -15.85% -15.85%
LONG-TERM ASSETS
Property, Plant & Equipment $3.847B $3.858B $3.644B
YoY Change 5.57% 16.87% 17.74%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $97.00M
YoY Change 5.43%
Other Assets $697.0M $62.00M $624.0M
YoY Change 11.7% -90.83% -18.75%
Total Long-Term Assets $4.830B $4.482B $4.482B
YoY Change 7.76% 10.15% 10.15%
TOTAL ASSETS
Total Short-Term Assets $661.0M $690.0M $690.0M
Total Long-Term Assets $4.830B $4.482B $4.482B
Total Assets $5.491B $5.172B $5.172B
YoY Change 6.17% 5.79% 5.79%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $102.0M $187.0M $187.0M
YoY Change -45.45% -13.82% -13.82%
Accrued Expenses $125.0M $92.00M
YoY Change 55.93%
Deferred Revenue
YoY Change
Short-Term Debt $19.00M $0.00 $0.00
YoY Change -100.0% -100.0%
Long-Term Debt Due $10.00M $186.0M $186.0M
YoY Change -94.62% 30.99% 30.99%
Total Short-Term Liabilities $489.0M $620.0M $620.0M
YoY Change -21.13% -30.26% -30.26%
LONG-TERM LIABILITIES
Long-Term Debt $1.798B $1.558B $1.558B
YoY Change 15.4% 33.85% 33.85%
Other Long-Term Liabilities $1.160B $75.00M $1.095B
YoY Change 5.94% -93.63% -7.05%
Total Long-Term Liabilities $2.958B $1.633B $2.653B
YoY Change 11.5% -30.27% 13.28%
TOTAL LIABILITIES
Total Short-Term Liabilities $489.0M $620.0M $620.0M
Total Long-Term Liabilities $2.958B $1.633B $2.653B
Total Liabilities $3.899B $3.629B $3.630B
YoY Change 7.41% 2.66% 2.69%
SHAREHOLDERS EQUITY
Retained Earnings $719.0M
YoY Change
Common Stock $829.0M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.592B $1.542B $1.542B
YoY Change
Total Liabilities & Shareholders Equity $5.491B $5.172B $5.172B
YoY Change 6.17% 5.79% 5.79%

Cashflow Statement

Concept 2010 2009 Q4 2009
OPERATING ACTIVITIES
Net Income $125.0M $8.000M $95.00M
YoY Change 31.58% -60.0% 9.2%
Depreciation, Depletion And Amortization $238.0M $51.00M $211.0M
YoY Change 12.8% -5.56% 1.44%
Cash From Operating Activities $391.0M $9.000M $386.0M
YoY Change 1.3% -123.08% 110.93%
INVESTING ACTIVITIES
Capital Expenditures $450.0M -$152.0M $696.0M
YoY Change -35.34% 49.02% 81.72%
Acquisitions
YoY Change
Other Investing Activities $3.000M -$2.000M $4.000M
YoY Change -25.0% -33.33% -33.33%
Cash From Investing Activities -$430.0M -$154.0M -$700.0M
YoY Change -38.57% 46.67% 83.25%
FINANCING ACTIVITIES
Cash Dividend Paid $78.00M $72.00M
YoY Change 8.33% 20.0%
Common Stock Issuance & Retirement, Net $0.00 $170.0M
YoY Change -100.0%
Debt Paid & Issued, Net $186.0M $142.0M
YoY Change 30.99% 153.57%
Cash From Financing Activities $12.00M 130.0M $335.0M
YoY Change -96.42% -12.75% 146.32%
NET CHANGE
Cash From Operating Activities $391.0M 9.000M $386.0M
Cash From Investing Activities -$430.0M -154.0M -$700.0M
Cash From Financing Activities $12.00M 130.0M $335.0M
Net Change In Cash -$27.00M -15.00M $21.00M
YoY Change -228.57% -400.0% -133.33%
FREE CASH FLOW
Cash From Operating Activities $391.0M $9.000M $386.0M
Capital Expenditures $450.0M -$152.0M $696.0M
Free Cash Flow -$59.00M $161.0M -$310.0M
YoY Change -80.97% 155.56% 55.0%

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21000000 USD
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PORTLAND GENERAL ELECTRIC CO /OR/
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CY2010 dei Entity Filer Category
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125000000 USD
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122000000 USD
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174000000 USD
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27000000 USD
CY2008 us-gaap Increase Decrease In Margin Deposits Outstanding
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163000000 USD
CY2009 us-gaap Increase Decrease In Margin Deposits Outstanding
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