3M Cogent, Inc. · Pasadena, CA United States (UTP NASDAQ: COGT)
Key 3M Cogent, Inc. Financials
| Company Type | Subsidiary -(UTP NASDAQ: COGT) Headquarters |
|---|---|
| Fiscal Year-End | December |
| 2009 Sales (mil.) | $129.6 |
| Employees | 434 |
3M Cogent, Inc. Income Statement
| Dec 09 | Dec 08 | Dec 07 | |
| Revenue | 129.6 | 125.7 | 105.8 |
| Cost of Goods Sold | 48.9 | 44.5 | 40.7 |
| Gross Profit | 80.7 | 81.2 | 65.1 |
| Gross Profit Margin | 62.3% | 64.6% | 61.5% |
| SG&A Expense | 23.7 | 23.3 | 29.3 |
| Depreciation & Amortization | 3.4 | 2.8 | 1.2 |
| Operating Income | 42.1 | 53.1 | 25.2 |
| Operating Margin | 32.5% | 42.2% | 23.8% |
| Nonoperating Income | 0.5 | 10.2 | (0.1) |
| Nonoperating Expenses | 10.5 | -- | -- |
| Income Before Taxes | 53.1 | 70.1 | 47.2 |
| Income Taxes | 20.7 | 24.9 | 18.5 |
| Net Income After Taxes | 32.5 | 45.2 | 28.6 |
| Continuing Operations | 32.5 | 45.2 | 28.6 |
| Discontinued Operations | -- | -- | -- |
| Total Operations | 32.5 | 45.2 | 28.6 |
| Total Net Income | 32.5 | 45.2 | 28.6 |
| Net Profit Margin | 25% | 35.9% | 27.1% |
| Diluted EPS from Total Net Income | 0.36 | 0.50 | 0.30 |
| Dividends per Share | -- | -- | -- |
All amounts in millions of US Dollars except per share amounts.
3M Cogent, Inc. Balance Sheet
| Assets | Dec 09 | Dec 08 | Dec 07 |
| Current Assets | |||
| Cash | 28.7 | 34.9 | 9.0 |
| Net Receivables | 22.1 | 31.9 | 33.0 |
| Inventories | 16.6 | 12.7 | 11.4 |
| Other Current Assets | 300.0 | 312.6 | 356.6 |
| Total Current Assets | 367.5 | 392.1 | 410.0 |
| Net Fixed Assets | 37.6 | 37.2 | 33.6 |
| Other Noncurrent Assets | 235.5 | 190.8 | 107.6 |
| Total Assets | 640.6 | 620.1 | 551.2 |
| Liabilities | Dec 09 | Dec 08 | Dec 07 |
| Current Liabilities | |||
| Accounts Payable | 4.5 | 4.6 | 3.8 |
| Short-Term Debt | -- | -- | -- |
| Other Current Liabilities | 51.6 | 71.0 | 31.4 |
| Total Current Liabilities | 56.1 | 75.6 | 35.2 |
| Long-Term Debt | -- | -- | -- |
| Other Noncurrent Liabilities | 32.4 | 25.0 | 5.7 |
| Total Liabilities | 88.5 | 100.7 | 41.0 |
| Shareholder's Equity | |||
| Preferred Stock Equity | 0.0 | -- | -- |
| Common Stock Equity | 552.1 | 519.5 | 510.2 |
| Total Equity | 552.1 | 519.5 | 510.2 |
| Shares Outstanding (thou.) | 89,548.4 | 89,700.3 | 94,861.8 |
All amounts in millions of US Dollars except per share amounts.
3M Cogent, Inc. Cash Flow Statement
| Dec 09 | Dec 08 | Dec 07 | |
| Net Operating Cash Flow | 58 | 89 | 36 |
| Net Investing Cash Flow | (60.8) | (23.0) | (35.5) |
| Net Financing Cash Flow | (3.8) | (40.7) | (10.7) |
| Net Change in Cash | (6.1) | 25.9 | (9.8) |
| Depreciation & Amortization | 3.4 | 2.8 | 1.2 |
| Capital Expenditures | (2.8) | (5.3) | (2.3) |
| Cash Dividends Paid |
All amounts in millions of US Dollars except per share amounts.