| Company "M" Income Statement | | Fiscal Year End: December 31, Amounts in $M USD | | | | | | | | | | | | | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | | | | | | | | | | | | | | | | | | | | Net Income | | 663.0 | 71.0 | (453.0) | 1,003.0 | 1,018.0 | 1,394.0 | | Depreciation & Amort. | | 916.0 | 951.0 | 799.0 | 723.0 | 766.0 | 843.0 | | Depreciation & Amort., Total | | 916.0 | 951.0 | 799.0 | 723.0 | 766.0 | 843.0 | | | | | | | | | | | Other Amortization | | - | 62.0 | 27.0 | 19.0 | 6.0 | 0 | | (Gain) Loss On Sale Of Invest. | | - | - | - | (16.0) | - | - | | Asset Writedown & Restructuring Costs | | 56.0 | 283.0 | 183.0 | 23.0 | 21.0 | 21.0 | | (Income) Loss on Equity Invest. | | (11.0) | (19.0) | (112.0) | (132.0) | (121.0) | (135.0) | | Other Operating Activities | | 63.0 | (19.0) | 138.0 | 103.0 | 151.0 | (36.0) | | Change in Acc. Receivable | | 36.0 | 826.0 | (38.0) | (589.0) | (909.0) | (298.0) | | Change In Inventories | | (97.0) | (124.0) | 14.0 | (164.0) | (282.0) | (334.0) | | Change in Acc. Payable | | (259.0) | (475.0) | 226.0 | 550.0 | 475.0 | 184.0 | | Change in Unearned Rev. | | (21.0) | (26.0) | (14.0) | (3.0) | (4.0) | (2.0) | | Change in Inc. Taxes | | 66.0 | (232.0) | 134.0 | 212.0 | (29.0) | 55.0 | | Change in Other Net Operating Assets | | 181.0 | (244.0) | (385.0) | 149.0 | 118.0 | 203.0 | | Cash from Ops. | | 1,593.0 | 1,054.0 | 519.0 | 1,878.0 | 1,210.0 | 1,895.0 | | | | | | | | | | | Capital Expenditure | | (741.0) | (739.0) | (616.0) | (746.0) | (1,236.0) | (1,324.0) | | Sale of Property, Plant, and Equipment | | 109.0 | 65.0 | 68.0 | 244.0 | 168.0 | 151.0 | | Cash Acquisitions | | (46.0) | (158.0) | (50.0) | (106.0) | (120.0) | (180.0) | | Divestitures | | - | - | - | (91.0) | (39.0) | 0 | | Invest. in Marketable & Equity Securt. | | (190.0) | (231.0) | (236.0) | (119.0) | 139.0 | 59.0 | | Net (Inc.) Dec. in Loans Originated/Sold | | - | - | - | - | - | - | | Other Investing Activities | | - | - | - | - | (184.0) | (212.0) | | Cash from Investing | | (868.0) | (1,063.0) | (834.0) | (818.0) | (1,272.0) | (1,506.0) | | | | | | | | | | | Short Term Debt Issued | | 16.0 | 827.0 | - | - | 150.0 | - | | Long-Term Debt Issued | | 12.0 | 3.0 | 5.0 | 22.0 | 11.0 | - | | Total Debt Issued | | 28.0 | 830.0 | 5.0 | 22.0 | 161.0 | 263.0 | | Short Term Debt Repaid | | - | - | (851.0) | (8.0) | - | - | | Long-Term Debt Repaid | | (79.0) | (354.0) | (296.0) | (71.0) | (24.0) | - | | Total Debt Repaid | | (79.0) | (354.0) | (1,147.0) | (79.0) | (24.0) | (152.0) | | | | | | | | | | | Issuance of Common Stock | | 1,560.0 | - | 2.0 | 48.0 | 59.0 | 6.0 | | Repurchase of Common Stock | | (1,334.0) | (247.0) | - | (323.0) | (407.0) | (143.0) | | | | | | | | | | | Common Dividends Paid | | (131.0) | (140.0) | (21.0) | (100.0) | (236.0) | (248.0) | | Total Dividends Paid | | (131.0) | (140.0) | (21.0) | (100.0) | (236.0) | (248.0) | | | | | | | | | | | Special Dividend Paid | | - | - | - | - | - | - | | Other Financing Activities | | - | - | (1.0) | (12.0) | (10.0) | (8.0) | | Cash from Financing | | 44.0 | 89.0 | (1,162.0) | (444.0) | (457.0) | (282.0) | | | | | | | | | | | Foreign Exchange Rate Adj. | | 300.0 | (277.0) | 60.0 | (5.0) | (37.0) | 13.0 | | Net Change in Cash | | 1,069.0 | (197.0) | (1,417.0) | 611.0 | (556.0) | 120.0 | | | | | | | | | | | | | | | | | | | | Ratios | | | | | | | | | | | Growth Rates | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | | Revenue Growth | % increase year over year | | | | | | | | Gross Profit | | | | | | | | EBITDA | | | | | | | | EBIT | | | | | | | | Net Income | | | | | | | | | | | | | | | | | Profitability | | | | | | | | | Return on Assets | | | | | | | | | Return on Equity | | | | | | | | | Gross Margin % | | | | | | | | | | | | | | | | | | Liquidity | | | | | | | | Current Ratio | | | | | | | | | Quick Ratio | | | | | | | | | Avg Days Sales Outstanding | | | | | | | | | Avg Days Payable Outstanding | | | | | | | | | | | | | | | | | | Long Term Solvency | | | | | | | | Total Debt / Equity | | | | | | | | | Total Debt/Tangible Net Worth | | | | | | | | | | | | | | | | | | Operational Efficiency | | | | | | | | | Accounts Receivable Turnover | | | | | | | | | Inventory Turnover | | | | | | | | | | | | | | | | |
