Bombardier Inc. Class A · TSX:BBD.A
Bombardier Inc. Class A — FY2011 Earnings Presentation
10 slides from Bombardier Inc. Class A's earnings presentation, Mar 1, 2012
Slide 1: Financial Results for the fourth quarter and fiscal year ended December 31, 2011
Financial Results for the fourth quarter and fiscal year ended December 31, 2011 Presentation to investors, financial analysts and media March 1, 2012
Slide 2: Forward-looking statements
Forward-looking statements This presentation includes forward looking statements, which may involve, but are not limited to: statements with respect to our objectives, guidance, targets, goals, priorities, markets and strategies, financial position, beliefs, prospects, plans, expectations, anticipat
Slide 3: Overview – Good overall performance by both groups
Overview – Good overall performance by both groups Highlights Consolidated revenues of $18.3 billion, compared to $17.9 billion last fiscal year EBITDA of $1.5 billion, compared to $1.6 billion last fiscal year EBIT of $1.2 billion, or 6.6% of revenues, compared to $1.2 billion, or 6.7%, last fiscal
Slide 4: Segmented information
Segmented information Fourth quarters ended Fiscal years ended (In millions of U.S. dollars) December 31, January 31, December 31, January 31, 2011 % 2011 % 2011 % 2011 % Revenues Aerospace 2,016 3,091 8,594 8,809 Transportation 2,300 2,495 9,753 9,083 Total Revenues 4,316 5,586 18,347 17,892 EBIT A
Slide 5: Financial results overview
Financial results overview Fourth quarters ended Fiscal years ended (In millions of U.S. dollars, except December 31, January 31, December 31, January 31, per share amounts) 2011 2011 2011 2011 Revenues 4,316 5,586 18,347 17,892 EBIT 293 427 1,202 1,205 Financing expense, net 33 38 162 208 EBT 260 3
Slide 6: Free cash flow
Free cash flow Fourth quarters ended Fiscal years ended (In millions of U.S. dollars) December 31, January 31, December 31, January 31, 2011 2011 2011 2011 Aerospace Cash flows from operating activities 442 1,045 867 1,013 Net additions to PPE & intangible assets (332) (283) (1,320) (1,008) Total Ae
Slide 7: We are proactively managing our liquidity
We are proactively managing our liquidity Solid liquidity position No major debt maturities before 2016 Short-term capital resources Debt Maturity Profile (notional amount) (as at - in billions of dollars) (as of December 31, 2011 - in millions of dollars) 4.7 0.5 4.1 3.9 3.6 3.5 0.7 0.5 New Debt Is
Slide 8: Excluding the effect of the lower discount rates, net retirement benefit liabilities would have decreased by $185 million
Excluding the effect of the lower discount rates, net retirement benefit liabilities would have decreased by $185 million Variation in net retirement benefit liabilities 3,213 (for fiscal years ended) (in millions of U.S. dollars) 365 OPEB* Unfunded Deficit before 1,452 569 Pension change in 1,946 (
Slide 9: Outlook for 2012
Outlook for 2012 Aerospace Deliveries of approximately 180 business jets and 55 commercial aircraft Expect EBIT margin of approximately 5% – with profitability higher in the second half of the year Cash flows from operations significant enough to substantially fund our investment in new programs est
Slide 10: Non-GAAP financial measure
Non-GAAP financial measure CAUTION REGARDING A NON-GAAP FINANCIAL MEASURE This presentation is based on reported earnings in accordance with IFRS and on Free Cash Flow which is not a GAAP financial measure. This measure is mainly derived from the consolidated financial statements, but does not have