2013 Q4 Form 10-Q Financial Statement

#000119312513422314 Filed on November 01, 2013

View on sec.gov

Income Statement

Concept 2013 Q4 2013 Q3 2012 Q3
Revenue $1.229B $1.202B $1.158B
YoY Change 3.8% 3.81% 4.49%
Cost Of Revenue $695.9M $708.4M
YoY Change -1.76% -3.61%
Gross Profit $505.9M $449.3M
YoY Change 12.6% 20.42%
Gross Profit Margin 42.1% 38.81%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $9.600M $243.9M $235.8M
YoY Change 0.0% 3.44% 6.07%
% of Gross Profit 48.21% 52.48%
Operating Expenses $1.124B $1.099B $1.090B
YoY Change -11.49% 0.84% -1.8%
Operating Profit $107.2M $62.90M
YoY Change 70.43% -867.07%
Interest Expense -$16.60M -$16.60M -$14.60M
YoY Change 9.21% 13.7% -16.09%
% of Operating Profit -15.49% -23.21%
Other Income/Expense, Net
YoY Change
Pretax Income $88.20M $90.60M $48.30M
YoY Change -182.89% 87.58% -288.67%
Income Tax $23.30M $24.80M $12.30M
% Of Pretax Income 26.42% 27.37% 25.47%
Net Earnings $70.10M $61.30M $40.40M
YoY Change -227.45% 51.73% -504.0%
Net Earnings / Revenue 5.7% 5.1% 3.49%
Basic Earnings Per Share $1.60 $1.40 $0.91
Diluted Earnings Per Share $1.57 $1.37 $0.89
COMMON SHARES
Basic Shares Outstanding 43.86M shares 43.80M shares 44.60M shares
Diluted Shares Outstanding 44.60M shares 45.20M shares

Balance Sheet

Concept 2013 Q4 2013 Q3 2012 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $486.2M $602.2M $462.0M
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 $184.9M $184.8M $184.8M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments $7.593B $7.355B $7.445B
YoY Change 1.54% -1.21% 11.65%
Other Assets $355.0M $384.0M $336.0M
YoY Change -10.8% 14.29% -2.04%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $13.38B $13.46B $13.33B
YoY Change -0.79% 1.0% 5.09%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $637.0M $638.0M $619.0M
YoY Change -17.91% 3.07% -8.02%
LONG-TERM LIABILITIES
Long-Term Debt $904.0M $939.0M $918.0M
YoY Change 6.48% 2.29% 1.77%
Other Long-Term Liabilities $121.0M $122.0M $126.0M
YoY Change -3.97% -3.17% -1.56%
Total Long-Term Liabilities $1.025B $1.061B $1.044B
YoY Change 5.13% 1.63% 1.36%
TOTAL LIABILITIES
Total Short-Term Liabilities $637.0M $638.0M $619.0M
Total Long-Term Liabilities $1.025B $1.061B $1.044B
Total Liabilities $10.78B $10.92B $10.63B
YoY Change -0.97% 2.71% 3.92%
SHAREHOLDERS EQUITY
Retained Earnings $1.349B $1.295B $1.282B
YoY Change 11.35% 1.02%
Common Stock $600.0K $600.0K $600.0K
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $762.9M $769.0M $732.3M
YoY Change 4.55% 5.01%
Treasury Stock Shares 16.80M shares 16.90M shares 16.20M shares
Shareholders Equity $2.595B $2.544B $2.699B
YoY Change
Total Liabilities & Shareholders Equity $13.38B $13.46B $13.33B
YoY Change -0.79% 1.0% 5.09%

Cashflow Statement

Concept 2013 Q4 2013 Q3 2012 Q3
OPERATING ACTIVITIES
Net Income $70.10M $61.30M $40.40M
YoY Change -227.45% 51.73% -504.0%
Depreciation, Depletion And Amortization $9.600M $243.9M $235.8M
YoY Change 0.0% 3.44% 6.07%
Cash From Operating Activities $202.0M $148.6M $145.3M
YoY Change -0.88% 2.27% -20.9%
INVESTING ACTIVITIES
Capital Expenditures -$5.900M -$6.300M -$4.500M
YoY Change -41.58% 40.0% -15.09%
Acquisitions
YoY Change
Other Investing Activities -$258.2M -$221.5M -$198.0M
YoY Change 966.94% 11.87% -287.15%
Cash From Investing Activities -$264.1M -$227.8M -$202.5M
YoY Change 669.97% 12.49% -301.49%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -56.00M -14.70M -17.60M
YoY Change -25.13% -16.48% -67.82%
NET CHANGE
Cash From Operating Activities 202.0M 148.6M 145.3M
Cash From Investing Activities -264.1M -227.8M -202.5M
Cash From Financing Activities -56.00M -14.70M -17.60M
Net Change In Cash -118.1M -93.90M -74.80M
YoY Change -224.71% 25.53% -132.59%
FREE CASH FLOW
Cash From Operating Activities $202.0M $148.6M $145.3M
Capital Expenditures -$5.900M -$6.300M -$4.500M
Free Cash Flow $207.9M $154.9M $149.8M
YoY Change -2.81% 3.4% -20.74%

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dei Trading Symbol
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dei Entity Registrant Name
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HANOVER INSURANCE GROUP, INC.
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dei Document Type
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2013-09-30
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