EX-99.5 7 ex995item6selectedfinancia.htm ITEM 6: SELECTED FINANCIAL DATA EX 99.5 Item 6: Selected Financial Information


Exhibit 99.5
Item 6. Selected Financial Data                                
The following financial data should be read in conjunction with our consolidated financial statements, the related notes and “Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations” included elsewhere in this Report. The historical results are not necessarily indicative of the results to be expected for any future period.
 
Year Ended June 30,
 
2014 (a)(b)(c)
 
2013 (b)(c)
 
2012 (c)
 
2011
 
2010
 
(In thousands, except share and per share data)
Consolidated Statements of Operations Data:
 
 
 

 
 

 
 

 
 

Revenue
$
1,270,236

 
$
1,167,478

 
$
1,020,269

 
$
817,009

 
$
670,035

Net income attributable to Cimpress N.V.
43,696

 
29,435

 
43,994

 
82,109

 
67,741

Net income per share attributable to Cimpress N.V.:
 
 
 
 
 

 
 

 
 

Basic
$
1.33

 
$
0.89

 
$
1.16

 
$
1.89

 
$
1.56

Diluted
$
1.28

 
$
0.85

 
$
1.13

 
$
1.83

 
$
1.49

Shares used in computing net income per share attributable to Cimpress N.V.:
 
 
 
 
 

 
 

 
 

Basic
32,873,234

 
33,209,172

 
37,813,504

 
43,431,326

 
43,365,872

Diluted
34,239,909

 
34,472,004

 
38,953,179

 
44,951,199

 
45,336,561


 
Year Ended June 30,
 
2014 (a)(b)(c)
 
2013 (b)(c)
 
2012 (c)
 
2011
 
2010
 
(In thousands)
Consolidated Statements of Cash Flows Data:
 
 
 

 
 

 
 

 
 

Net cash provided by operating activities
$
148,580

 
$
140,012

 
$
140,641

 
$
162,633

 
$
153,701

Purchases of property, plant and equipment
(72,122
)
 
(78,999
)
 
(46,420
)
 
(37,405
)
 
(101,326
)
Purchases of ordinary shares
(42,016
)
 
(64,351
)
 
(309,701
)
 
(56,935
)
 
—

Business acquisitions, net of cash acquired
(216,384
)
 
—

 
(180,675
)
 
—

 
(6,496
)
Net proceeds (payments) of debt
207,946

 
8,051

 
227,181

 
(5,222
)
 
(13,848
)

 
As of June 30,
 
2014 (a)(b)(c)
 
2013 (b)(c)
 
2012 (c)
 
2011
 
2010
 
(In thousands)
Consolidated Balance Sheet Data:
 
 
 

 
 

 
 

 
 

Cash, cash equivalents and marketable securities (d)
$
76,365

 
$
50,065

 
$
62,203

 
$
237,081

 
$
172,331

Working capital (d)
(83,560
)
 
(54,795
)
 
(26,381
)
 
178,485

 
111,369

Total assets
988,985

 
601,567

 
592,429

 
555,900

 
477,889

Total long-term debt, excluding current portion
410,484

 
230,000

 
229,000

 
—

 
—

Total shareholders’ equity
232,457

 
189,561

 
189,287

 
450,093

 
376,114

___________________
(a) Includes the impact of the acquisitions of Printdeal B.V. on April 1, 2014 and Pixartprinting S.p.A. on April 3, 2014, as well as our investment in a joint business arrangement with Plaza Create Co. Ltd. in February 2014. See Notes 8 and 16 in our accompanying financial statements in this Report for a discussion of these transactions.
(b) Includes the impact of our July 10, 2012 equity investment in Namex Limited ("Namex"). During the fourth quarter of fiscal 2014 we disposed of this investment and recognized a loss on the sale of $12.7 million. See Note 15 in our accompanying financial statements in this Report for a discussion of this investment.
(c) Includes the impact of the acquisitions of Albumprinter Holding B.V. on October 31, 2011 and Webs, Inc. on December 28, 2011. See Note 8 in our accompanying financial statements in this Report for a discussion of these acquisitions.
(d) We define working capital as current assets less current liabilities. Our working capital profile has evolved since fiscal 2011 as we have made long-term investments that seek to drive shareholder value through acquisitions, ordinary share purchases, and other strategic initiatives. We have financed these investments through a mix of cash on hand, cash flows generated from operations and external debt financing.