Attached files
| file | filename |
|---|---|
| 8-K - 8-K - Booz Allen Hamilton Holding Corp | finanicalinformation080520.htm |
Exhibit 99.1 - Financial Information
($ in millions) | Actual 6/30/2013 | Pro Forma 6/30/2013 | ||
Cash & Equivalents | $385.4 | $385.4 | ||
Revolver ($500) | — | — | ||
Term Loan A | 697.8 | 697.8 | ||
Term Loan B | 1,017.3 | 1,017.3 | ||
Total Debt | $1,715.1 | $1,715.1 | ||
Deferred Payment Obligation(1) | 80.0 | 80.0 | ||
Total Debt + DPO | $1,795.1 | $1,795.1 | ||
LTM Financials | ||||
Consolidated EBITDA | $574.8 | $574.8 | ||
Capital Expenditures | 31.6 | 31.6 | ||
Interest Expense | 78.9 | 69.4 | ||
Credit Statistics | ||||
Senior Secured Debt/Consolidated EBITDA | 3.0x | 3.0x | ||
(Total Debt + DPO)/Consolidated EBITDA | 3.1x | 3.1x | ||
Consolidated Net Total Leverage(2) | 2.7x | 2.5x | ||
Net Interest Coverage Ratio(3) | 7.3x | 8.3x | ||
Note:
(1) | Deferred Payment Obligation balance reflects principal amount only. |
(2) | Consolidated Net Total Leverage is calculated as follows: Total Debt, excluding Deferred Payment Obligation, less an adjustment for cash and cash equivalents (up to $150 million of cash and cash equivalents as of 6/30/2013 and up to $250 million for Pro Forma 6/30/2013) divided by Consolidated EBITDA. |
(3) | Consolidated EBITDA divided by Interest Expense. |
Reconciliation to Consolidated EBITDA ($MM) | |||||||||
Fiscal Year Ended March 31 | LTM | ||||||||
2011A | 2012A | 2013A | 06/30/2013 | ||||||
Net Income | $84.6 | $240.0 | $233.2 | $235.7 | |||||
Income tax expense | 43.4 | 103.9 | 149.2 | 155.9 | |||||
Interest and other expense, net | 131.1 | 47.4 | 69.2 | 78.9 | |||||
Depreciation & Amortization | 49.9 | 57.5 | 59.6 | 61.3 | |||||
Certain stock-based compensation expenses | 48.7 | 31.0 | 25.0 | 23.1 | |||||
Transaction expenses | 64.4 | 1.0 | 2.7 | 2.7 | |||||
Purchase accounting adjustments | 35.6 | 20.1 | 17.1 | 15.1 | |||||
Nonrecurring items & other | 1.8 | 10.9 | 2.0 | 2.1 | |||||
Consolidated EBITDA | $459.5 | $511.8 | $558.0 | $574.8 | |||||
Note:
Consolidated EBITDA includes the pro forma results for Booz Allen Hamilton Engineering Services ("BES") for July 1, 2012 through November 30, 2012.