GLG Partners, Inc. · New York, NY United States
Key GLG Partners, Inc. Financials
| Company Type | Subsidiary - Headquarters |
|---|---|
| Fiscal Year-End | December |
| 2009 Sales (mil.) | $300.9 |
| 2009 Employees | 346 |
GLG Partners, Inc. Income Statement
| Dec 09 | Dec 08 | Dec 07 | |
| Revenue | 300.9 | 495.0 | 1,040.1 |
| Cost of Goods Sold | 638.0 | 874.9 | 810.2 |
| Gross Profit | (337.1) | (379.9) | 229.9 |
| Gross Profit Margin | -112% | -76.8% | 22.1% |
| SG&A Expense | 94.2 | 121.7 | 108.9 |
| Depreciation & Amortization | 2.8 | 2.9 | 2.3 |
| Operating Income | (434.1) | (579.7) | 121.0 |
| Operating Margin | -144.3% | -117.1% | 11.6% |
| Nonoperating Income | 84.1 | 0.0 | 10.1 |
| Nonoperating Expenses | (11.5) | (16.6) | -- |
| Income Before Taxes | (361.5) | (596.3) | 123.3 |
| Income Taxes | (2.1) | 14.2 | 64.0 |
| Net Income After Taxes | (359.4) | (610.5) | 59.3 |
| Continuing Operations | (319.0) | (629.7) | 92.6 |
| Discontinued Operations | -- | -- | -- |
| Total Operations | (319.0) | (629.7) | 92.6 |
| Total Net Income | (319.0) | (629.7) | 92.6 |
| Net Profit Margin | -106% | -127.2% | 8.9% |
| Diluted EPS from Total Net Income | (1.45) | (2.97) | 0.23 |
| Dividends per Share | 0.0 | 0.08 | -- |
All amounts in millions of US Dollars except per share amounts.
GLG Partners, Inc. Balance Sheet
| Assets | Dec 09 | Dec 08 | Dec 07 |
| Current Assets | |||
| Cash | 263.8 | 316.2 | 429.4 |
| Net Receivables | 104.5 | 42.1 | 389.8 |
| Inventories | -- | -- | -- |
| Other Current Assets | 51.6 | 47.4 | 59.8 |
| Total Current Assets | 419.9 | 405.7 | 879.0 |
| Net Fixed Assets | 12.9 | 14.1 | 9.1 |
| Other Noncurrent Assets | 68.0 | 69.9 | 96.1 |
| Total Assets | 500.8 | 489.7 | 984.1 |
| Liabilities | Dec 09 | Dec 08 | Dec 07 |
| Current Liabilities | |||
| Accounts Payable | -- | -- | 37.6 |
| Short-Term Debt | 12.3 | 40.0 | -- |
| Other Current Liabilities | 240.2 | 295.9 | 261.5 |
| Total Current Liabilities | 252.5 | 335.9 | 299.2 |
| Long-Term Debt | 521.4 | 530.0 | 570.0 |
| Other Noncurrent Liabilities | 24.6 | 0.0 | 23.1 |
| Total Liabilities | 798.5 | 865.9 | 892.3 |
| Shareholder's Equity | |||
| Preferred Stock Equity | 0.0 | 0.0 | 0.0 |
| Common Stock Equity | (297.8) | (376.3) | 91.9 |
| Total Equity | (297.8) | (376.2) | 91.9 |
| Shares Outstanding (thou.) | 252,358.6 | 245,347.7 | 64,800.0 |
All amounts in millions of US Dollars except per share amounts.
GLG Partners, Inc. Cash Flow Statement
| Dec 09 | Dec 08 | Dec 07 | |
| Net Operating Cash Flow | (92) | 77 | 376 |
| Net Investing Cash Flow | 58.0 | 7.5 | (124.9) |
| Net Financing Cash Flow | (23.0) | (177.4) | (95.4) |
| Net Change in Cash | (56.9) | (92.6) | 156.3 |
| Depreciation & Amortization | 2.8 | 2.9 | 2.3 |
| Capital Expenditures | (2.5) | (7.9) | (5.2) |
| Cash Dividends Paid | 0.0 | (134.6) |
All amounts in millions of US Dollars except per share amounts.