Time Warner Inc: (NYSE: TWX)
$60.47
0.40 (0.67%)
Volume 5,466,980
May 21 04:01 PM ET
Zacks Rank: 3-Hold 
| #3 |
Income Statements
Annual Income Statement
Fiscal Year End for TIME WARNER INC falls in the month of December .
All items in Millions except EPS data.
| 12/31/12 | 12/31/11 | 12/31/10 | 12/31/09 | 12/31/08 | |
|---|---|---|---|---|---|
| Sales | 28,729 | 28,974 | 26,888 | 25,785 | 46,984 |
| Cost Of Goods | 15,934 | 16,311 | 15,023 | 14,438 | 27,289 |
| Gross Profit | 12,795 | 12,663 | 11,865 | 11,347 | 19,695 |
| Selling & Adminstrative & Depr. & Amort Expenses | 6,877 | 6,858 | 6,437 | 6,802 | 35,652 |
| Income After Depreciation & Amortization | 5,918 | 5,805 | 5,428 | 4,545 | -15,957 |
| Non-Operating Income | -123 | -229 | -331 | -107 | 1,558 |
| Interest Expense | 1,253 | 1,210 | 1,178 | 1,155 | 2,250 |
| Pretax Income | 4,542 | 4,366 | 3,919 | 3,283 | -16,649 |
| Income Taxes | 1,526 | 1,484 | 1,348 | 1,194 | -3,247 |
| Minority Interest | -3 | -4 | -7 | 49 | 0 |
| Investment Gains/Losses | NA | 0 | 0 | 0 | 0 |
| Other Income/Charges | NA | 0 | 0 | 0 | 0 |
| Income From Cont. Operations | 3,016 | 2,882 | 2,571 | 2,089 | -13,402 |
| Extras & Discontinued Operations | 0 | 0 | 0 | 428 | 0 |
| Net Income | 3,019 | 2,886 | 2,578 | 2,468 | -13,402 |
| Depreciation Footnote | 12/31/12 | 12/31/11 | 12/31/10 | 12/31/09 | 12/31/08 |
|---|---|---|---|---|---|
| Income Before Depreciation & Amortization | 14,020 | 14,395 | 13,029 | 12,166 | -5,476 |
| Depreciation & Amortization (Cash Flow) | 8,102 | 8,590 | 7,601 | 7,621 | 10,481 |
| Income After Depreciation & Amortization | 5,918 | 5,805 | 5,428 | 4,545 | -15,957 |
| Earnings Per Share Data | 12/31/12 | 12/31/11 | 12/31/10 | 12/31/09 | 12/31/08 |
|---|---|---|---|---|---|
| Average Shares | 976.30 | 1,064.50 | 1,145.30 | 1,195.10 | 1,194.08 |
| Diluted EPS Before Non-Recurring Items | 3.28 | 2.89 | 2.41 | 1.83 | 2.97 |
| Diluted Net EPS | 3.09 | 2.71 | 2.25 | 2.06 | -11.22 |
Quarterly Income Statement
Fiscal year end for TIME WARNER INC falls in the month of December .
All items in Millions except EPS data.
| 03/31/13 | 12/31/12 | 09/30/12 | 06/30/12 | 03/31/12 | |
|---|---|---|---|---|---|
| Sales | 6,939.00 | 8,164.00 | 6,842.00 | 6,744.00 | 6,979.00 |
| Cost Of Goods | 3,750.00 | 4,436.00 | 3,657.00 | 3,865.00 | 3,976.00 |
| Gross Profit | 3,189.00 | 3,728.00 | 3,185.00 | 2,879.00 | 3,003.00 |
| SG&A, R&D, and Dept/Amort Expenses | 1,779.00 | 1,701.00 | 1,604.00 | 1,816.00 | 1,756.00 |
| Income After SG&A, R&D, and Dept/Amort Expenses | 1,410.00 | 2,027.00 | 1,581.00 | 1,063.00 | 1,247.00 |
| Non-Operating Income | -18.00 | -69.00 | -7.00 | -47.00 | 0.00 |
| Interest Expense | 290.00 | 307.00 | 318.00 | 308.00 | 320.00 |
| Pretax Income | 1,102.00 | 1,651.00 | 1,256.00 | 708.00 | 927.00 |
| Income Taxes | 382.00 | 483.00 | 418.00 | 279.00 | 346.00 |
| Minority Interest | 0.00 | 0.00 | 0.00 | -1.00 | -2.00 |
| Investment Gains/Losses | 0.00 | NA | 0.00 | 0.00 | 0.00 |
| Other Income/Charges | 0.00 | NA | 0.00 | 0.00 | 0.00 |
| Income From Cont. Operations | 720.00 | 1,168.00 | 838.00 | 430.00 | 583.00 |
| Extras & Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income | 720.00 | 1,168.00 | 838.00 | 430.00 | 583.00 |
| Earnings Per Share Data | 03/31/13 | 12/31/12 | 09/30/12 | 06/30/12 | 03/31/12 |
|---|---|---|---|---|---|
| Average Shares | 956.40 | 966.90 | 973.90 | 974.20 | 990.10 |
| Diluted EPS Before Non-Recurring Items | 0.82 | 1.17 | 0.86 | 0.59 | 0.67 |
| Diluted Net EPS | 0.75 | 1.21 | 0.86 | 0.44 | 0.59 |
