01—Abstract
Summary
Summary of the 20-F/A filed April 12, 2012. Cited figures are marked; the original filing is the authoritative source.
This filing is an amendment (10-K/A) to NXP Semiconductors N.V.'s (NXPI) 2011 Form 20-F, filed on April 12, 2012.
The amendment's sole purpose is to add Exhibit 101, which contains the company's financial information for the year ended December 31, 2011, formatted in eXtensible Business Reporting Language (XBRL). This filing does not introduce new financial data or updates beyond the original report filed on March 13, 2012. For investors, the key takeaway is that this document is primarily a technical filing to comply with XBRL requirements.
The underlying financial performance and business conditions for the fiscal year 2011 are detailed in the original Form 20-F. Investors seeking insights into NXPI's 2011 performance should refer to that earlier filing, which includes consolidated statements of operations, comprehensive income, balance sheets, cash flows, and equity, along with related notes.
02—Key points
Key Highlights
- Amendment to 2011 Form 20-F filed to include XBRL financial data (Exhibit 101).
- No new financial information or updates beyond the original March 13, 2012 filing.
- The filing confirms NXPI is a well-known seasoned issuer.
- NXPI is a large accelerated filer, indicating significant market capitalization and reporting history.
- Financial statements are prepared using International Financial Reporting Standards (IFRS).
- The company has filed all required reports for the preceding 12 months and past 90 days.
- Ordinary shares are listed on The NASDAQ Global Select Market.
03—One dollar
Follow one dollar
Of each $1.00 of revenue in FY2011, NXP Semiconductors N.V. kept $0.09.
- Revenue$4.17B100.0%
- Cost of revenue−$2.26B54.3%
- Gross profit$1.91B45.7%
- Operating costs−$1.55B37.1%
- Operating income$357.0M8.6%
- Interest, other & tax$33.0M0.8%
- Net income$390.0M9.4%
Where FY2011 revenue went
$4.17B- Cost of revenue: $2.29B, 55% of revenue
- SG&A: $918.0M, 22% of revenue
- R&D: $635.0M, 15% of revenue
- Operating income: $357.0M, 8.6% of revenue
Kept 8.6% as operating income
Full revenue history →04—Financials
Financial Highlights
Figures from 10-K/AFY2011filed April 12, 2012Financial Statements
FY2011 against FY2010
| Line item | FY2011FY2010 | Change |
|---|---|---|
| Revenue | $4.17B$4.39B | −5.1% |
| Cost of Revenue | $2.29B$2.58B | −11.3% |
| Gross Profit | $1.91B$1.82B | +4.6% |
| R&D Expenses | $635.00M$568.00M | +11.8% |
| SG&A Expenses | $918.00M$966.00M | −5.0% |
| Operating Income | $357.00M$273.00M | +30.8% |
| Interest Expense | $312.00M$320.00M | −2.5% |
| Net Income | $390.00M-$456.00M | +185.5% |
| EPS (Basic) | $1.57$-1.99 | +178.9% |
| EPS (Diluted) | $1.57— | — |
| Shares Outstanding (Basic) | 248.81M229.28M | +8.5% |
| Shares Outstanding (Diluted) | 248.81M— | — |
05—Questions
Frequently Asked Questions
What is the purpose of this Amendment No. 1 to the 2011 Form 20-F?
The sole purpose of this Amendment No. 1 is to add Exhibit 101 to Item 19, which provides the company's financial information for the fiscal year ended December 31, 2011, in eXtensible Business Reporting Language (XBRL) format. This is a technical filing and does not contain new financial data or updates beyond the original Form 20-F filed on March 13, 2012.
Where can I find the actual financial results for NXP Semiconductors for the year ended December 31, 2011?
The actual financial results, including the consolidated statements of operations, comprehensive income, balance sheets, cash flows, and changes in equity for the year ended December 31, 2011, are detailed in the original Form 20-F filed by NXP Semiconductors N.V. on March 13, 2012. This amendment only adds the XBRL version of that information.
What accounting standards does NXP Semiconductors use?
NXP Semiconductors N.V. prepares its financial statements using International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board.
Is NXP Semiconductors a large, established company based on this filing?
Yes, based on the filing, NXP Semiconductors is designated as a 'large accelerated filer,' which generally indicates a significant public float and market capitalization, suggesting it is a well-established public company with substantial reporting history.
06—Continue