2012 Q2 Form 10-Q Financial Statement

#000119312512332254 Filed on August 02, 2012

View on sec.gov

Income Statement

Concept 2012 Q2 2011 Q2
Revenue $1.127B $853.9M
YoY Change 32.01% 11.14%
Cost Of Revenue $732.1M $617.5M
YoY Change 18.56%
Gross Profit $395.1M $236.4M
YoY Change 67.13%
Gross Profit Margin 35.05% 27.68%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $233.1M $162.7M
YoY Change 43.27% 4297.3%
% of Gross Profit 59.0% 68.82%
Operating Expenses $1.100B $903.3M
YoY Change 21.8% 19.88%
Operating Profit $31.00M -$47.30M
YoY Change -165.54%
Interest Expense -$15.90M -$10.80M
YoY Change 47.22% -7.69%
% of Operating Profit -51.29%
Other Income/Expense, Net
YoY Change
Pretax Income $15.10M -$58.10M
YoY Change -125.99% -1974.19%
Income Tax $1.300M -$27.40M
% Of Pretax Income 8.61%
Net Earnings $20.80M -$32.20M
YoY Change -164.6% -1500.0%
Net Earnings / Revenue 1.85% -3.77%
Basic Earnings Per Share $0.46 -$0.71
Diluted Earnings Per Share $0.46 -$0.71
COMMON SHARES
Basic Shares Outstanding 44.90M shares 45.40M shares
Diluted Shares Outstanding 45.40M shares 45.40M shares

Balance Sheet

Concept 2012 Q2 2011 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $520.8M $721.6M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill $184.6M
YoY Change
Intangibles
YoY Change
Long-Term Investments $7.131B $4.906B
YoY Change 45.35% 0.7%
Other Assets $394.0M $302.0M
YoY Change 30.46% 9.82%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $13.12B $8.981B
YoY Change 46.07% 7.26%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $580.0M $519.0M
YoY Change 11.75% 3.59%
LONG-TERM LIABILITIES
Long-Term Debt $917.0M $858.0M
YoY Change 6.88% 35.76%
Other Long-Term Liabilities $129.0M $127.0M
YoY Change 1.57% -4.51%
Total Long-Term Liabilities $1.046B $985.0M
YoY Change 6.19% 28.76%
TOTAL LIABILITIES
Total Short-Term Liabilities $580.0M $519.0M
Total Long-Term Liabilities $1.046B $985.0M
Total Liabilities $10.50B $6.496B
YoY Change 61.66% 7.87%
SHAREHOLDERS EQUITY
Retained Earnings $1.255B
YoY Change
Common Stock $600.0K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $723.8M
YoY Change
Treasury Stock Shares 16.00M shares
Shareholders Equity $2.618B $2.462B
YoY Change
Total Liabilities & Shareholders Equity $13.12B $8.981B
YoY Change 46.07% 7.26%

Cashflow Statement

Concept 2012 Q2 2011 Q2
OPERATING ACTIVITIES
Net Income $20.80M -$32.20M
YoY Change -164.6% -1500.0%
Depreciation, Depletion And Amortization $233.1M $162.7M
YoY Change 43.27% 4297.3%
Cash From Operating Activities $46.70M $78.60M
YoY Change -40.59% 185.82%
INVESTING ACTIVITIES
Capital Expenditures -$3.500M -$2.400M
YoY Change 45.83% 14.29%
Acquisitions
YoY Change
Other Investing Activities -$111.4M $170.6M
YoY Change -165.3% 293.09%
Cash From Investing Activities -$114.9M $168.2M
YoY Change -168.31% 307.26%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -27.20M 256.0M
YoY Change -110.63% -1597.08%
NET CHANGE
Cash From Operating Activities 46.70M 78.60M
Cash From Investing Activities -114.9M 168.2M
Cash From Financing Activities -27.20M 256.0M
Net Change In Cash -95.40M 502.8M
YoY Change -118.97% 872.53%
FREE CASH FLOW
Cash From Operating Activities $46.70M $78.60M
Capital Expenditures -$3.500M -$2.400M
Free Cash Flow $50.20M $81.00M
YoY Change -38.02% 173.65%

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dei Trading Symbol
TradingSymbol
THG
dei Entity Registrant Name
EntityRegistrantName
HANOVER INSURANCE GROUP, INC.
dei Amendment Flag
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dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Document Fiscal Period Focus
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dei Document Fiscal Year Focus
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2012
dei Document Type
DocumentType
10-Q
dei Document Period End Date
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dei Entity Central Index Key
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dei Current Fiscal Year End Date
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300000

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