01—Abstract
Summary
Summary of the 20-F/A filed March 27, 2013. 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) 2012 Annual Report on Form 20-F.
The amendment's primary purpose is to add Exhibit 101, which contains the financial information from the original 20-F filing formatted in eXtensible Business Reporting Language (XBRL). The amendment does not introduce new financial information or updates beyond the original filing, which was submitted on March 1, 2013, and covers the fiscal year ended December 31, 2012. Investors should refer to the original 20-F filing for detailed financial performance and strategic insights for the period.
Key takeaways from the original filing's scope include the presentation of consolidated financial statements (operations, comprehensive income, balance sheets, cash flows, and equity) for the fiscal years ending 2010, 2011, and 2012, along with related notes. The company confirmed its status as a well-known seasoned issuer and an accelerated filer, preparing its statements under International Financial Reporting Standards (IFRS).
02—Key points
Key Highlights
- This filing is an amendment to the 2012 Annual Report on Form 20-F, primarily to include XBRL formatted financial data as Exhibit 101.
- The amendment does not alter or update the financial disclosures from the original Form 20-F filed on March 1, 2013.
- The report covers the fiscal year ended December 31, 2012, presenting consolidated financial statements for 2010, 2011, and 2012.
- NXP Semiconductors N.V. is incorporated in the Netherlands and its common shares are registered on The NASDAQ Global Select Market.
- The company has 251,751,500 ordinary shares outstanding as of December 31, 2012.
- NXP is classified as a well-known seasoned issuer and an accelerated filer.
- Financial statements are prepared in accordance with International Financial Reporting Standards (IFRS).
03—One dollar
Follow one dollar
For each $1.00 of revenue in FY2012, NXP Semiconductors N.V. lost $0.03.
- Revenue$4.36B100.0%
- Cost of revenue−$2.37B54.4%
- Gross profit$1.99B45.6%
- Operating costs−$1.58B36.2%
- Operating income$412.0M9.5%
- Interest, other & tax−$527.0M12.1%
- Net income−$115.0M2.6%
Where FY2012 revenue went
$4.36B- Cost of revenue: $2.37B, 54% of revenue
- SG&A: $977.0M, 22% of revenue
- R&D: $628.0M, 14% of revenue
- Operating income: $412.0M, 9.5% of revenue
Kept 9.5% as operating income
Full revenue history →04—Financials
Financial Highlights
Figures from 10-K/AFY2012filed March 27, 2013Financial Statements
FY2012 against FY2011
| Line item | FY2012FY2011 | Change |
|---|---|---|
| Revenue | $4.36B$4.17B | +4.5% |
| Cost of Revenue | $2.37B$2.29B | +3.6% |
| Gross Profit | $1.99B$1.91B | +4.3% |
| R&D Expenses | $628.00M$635.00M | −1.1% |
| SG&A Expenses | $977.00M$918.00M | +6.4% |
| Operating Income | $412.00M$357.00M | +15.4% |
| Interest Expense | $270.00M$312.00M | −13.5% |
| Net Income | -$115.00M$390.00M | −129.5% |
| EPS (Basic) | $-0.46$1.57 | −129.3% |
| EPS (Diluted) | $-0.46$1.57 | −129.3% |
| Shares Outstanding (Basic) | 248.06M248.81M | −0.3% |
| Shares Outstanding (Diluted) | 248.06M248.81M | −0.3% |
05—Questions
Frequently Asked Questions
What is the main purpose of this filing (10-K/A)?
This filing, Amendment No. 1 to the Form 20-F, is solely for the purpose of adding Exhibit 101. This exhibit provides the financial information from the original 2012 Annual Report (filed March 1, 2013) in XBRL format, as required by SEC regulations. No new financial data or updates to previous disclosures are being made in this amendment.
What period does this report cover?
This amendment pertains to the fiscal year ended December 31, 2012. The financial data being referenced and formatted in XBRL are for the years ended December 31, 2010, 2011, and 2012, and balance sheets as of December 31, 2011 and 2012.
Where can I find the actual financial performance and business details for 2012?
For detailed financial performance, business overview, risk factors, and management discussion, investors should refer to the original NXP Semiconductors N.V. Form 20-F filed on March 1, 2013. This amendment only provides an updated exhibit with the same financial information in a different format (XBRL).
What accounting standards does NXP Semiconductors use?
NXP Semiconductors N.V. prepares its financial statements in accordance with International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board.
06—Continue