Citizens Financial Corporation

CFIN

CFINCitizens Financial Corporation US flag

Other OTC

7,600.00

USD

+100.00

- -

38.00MMarket Cap

Income Statement (USD)

API Chat

	1996 Y	1997 Y	1998 Y	1999 Y	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y
Sales/Revenue/Turnover	23	24	27	36	31	27	42	42	37	33	29
+ Sales & Services Revenue	23	24	27	36	31	27	42	42	37	33	29
- Cost of Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cost of Goods & Services	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Profit	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Income	-2	- -	-5	- -	-1	7	3	-1	-1	-1	- -
- Operating Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Selling, General & Admin	4	4	4	5	6	6	6	7	8	7	7
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	-4	-4	-4	-5	-6	-6	-6	-7	-8	-7	-7
Operating Income (Loss)	2	- -	5	- -	1	-7	-3	1	1	1	- -
- Non-Operating (Income) Loss	1	-2	- -	-9	1	1	- -	- -	- -	1	- -
+ Interest Expense, Net	1	- -	- -	1	1	1	- -	- -	- -	- -	- -
+ Interest Expense	1	- -	- -	1	1	1	- -	- -	- -	- -	- -
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	- -	-3	- -	-9	- -	- -	- -	- -	- -	- -	- -
Pretax Income	1	2	4	9	- -	-8	-3	1	- -	- -	- -
- Income Tax Expense (Benefit)	- -	- -	1	2	- -	-2	-1	- -	- -	- -	- -
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	1	2	3	6	- -	-6	-3	1	- -	- -	-1
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	1	2	3	6	- -	-6	-3	1	- -	- -	-1
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	1	2	3	6	- -	-6	-3	1	- -	- -	-1
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	1	2	3	6	- -	-6	-3	1	- -	- -	-1
EBIT	2	- -	5	- -	1	-7	-3	1	1	1	- -
EBITDA	2	- -	5	- -	1	-7	-3	1	1	1	- -
EBITDA Margin (%)	9.42	- -	16.65	- -	3.89	-27.23	-7.18	2.41	1.5	2.11	0.02
EBITA	2	-1	4	- -	1	-8	-3	1	- -	- -	- -
Gross Margin (%)	100	100	100	100	100	100	100	100	100	100	100
Operating Margin (%)	9.42	- -	16.65	- -	3.89	-27.23	-7.18	2.41	1.5	2.11	0.02
Profit Margin (%)	4.81	8.39	12.1	17.76	0.76	-22.68	-6.11	1.71	0.68	0.39	-2.86
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	70.1	94.59	53.48	- -	- -	- -	- -	- -	- -	- -	- -
Depreciation Expense	- -	1	1	- -	- -	1	- -	- -	1	1	- -
Basic Weighted Avg Shares	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS, GAAP	164.98	367.47	577.55	897.53	35	-892.5	-374.99	105	37.5	20	-127.5
Basic EPS from Cont Ops	258.82	462.05	631.03	897.53	35	-847.74	-374.99	105	37.5	20	-127.5
Diluted Weighted Avg Shares	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted EPS, GAAP	155	367.47	455.03	897.53	35	-892.5	-374.99	105	37.5	20	-127.5
Diluted EPS from Cont Ops	243.17	462.05	497.16	897.53	35	-847.74	-374.99	105	37.5	20	-127.5

Balance Sheet (USD)

API Chat

	1996 Y	1997 Y	1998 Y	1999 Y	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y
Total Current Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash, Cash Equivalents & STI	4	7	9	19	21	19	7	9	5	4	8
+ Cash & Cash Equivalents	3	6	8	19	20	18	7	9	5	4	8
+ ST Investments	1	1	1	1	1	1	1	1	1	- -	- -
+ Accounts & Notes Receiv	2	2	4	4	4	6	3	4	3	3	3
+ Accounts Receivable, Net	2	2	4	4	4	6	3	4	3	3	3
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	-6	-9	-13	-23	-25	-25	-11	-13	-8	-7	-11
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Property, Plant & Equip, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Property, Plant & Equip	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Accumulated Depreciation	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Investments & Receivables	56	59	95	93	85	86	112	121	125	122	111
+ LT Investments	56	59	95	93	85	86	112	121	125	122	111
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	-56	-59	-95	-93	-85	-86	-112	-121	-125	-122	-111
+ Total Intangible Assets	- -	- -	1	1	1	1	1	1	1	1	1
+ Goodwill	- -	- -	1	1	1	1	1	1	1	1	1
+ Other Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	-56	-59	-96	-94	-85	-87	-113	-121	-125	-122	-111
Total Assets	80	85	129	138	136	137	148	159	157	153	147
+ Payables & Accruals	3	3	4	2	2	2	2	2	2	2	2
+ Accounts Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accrued Taxes	1	- -	1	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	2	3	4	2	2	2	2	2	2	2	2
+ ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Borrowings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Liabilities	-3	-3	-4	-2	-2	-2	-2	-2	-2	-2	-2
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	-3	-3	-4	-2	-2	-2	-2	-2	-2	-2	-2
Total Current Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Debt	4	4	7	8	8	7	8	7	6	5	6
+ LT Borrowings	4	4	7	8	8	7	8	7	6	5	6
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Liabilities	-4	-4	-7	-8	-8	-7	-8	-7	-6	-5	-6
+ Accrued Liabilities	- -	1	1	2	- -	1	- -	2	1	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	-4	-4	-8	-10	-8	-8	-8	-9	-7	-5	-6
Total Noncurrent Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Liabilities	70	70	108	110	112	117	131	138	138	136	133
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	6	6	10	10	9	9	9	9	9	9	8
+ Common Stock	1	1	2	2	2	2	2	2	2	2	2
+ Additional Paid in Capital	5	5	8	8	8	7	7	7	7	7	7
- Treasury Stock	1	1	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Retained Earnings	4	6	9	15	15	9	7	7	8	8	7
+ Other Equity	- -	3	3	3	-2	2	2	5	3	1	-1
Equity Before Minority Interest	11	14	22	28	23	20	18	21	20	17	14
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	11	14	22	28	23	20	18	21	20	17	14
Total Liabilities & Equity	80	85	129	138	136	137	148	159	157	153	147
Shares Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt	1	-3	-2	-10	-12	-11	1	-1	1	2	-2
Net Debt to Equity	12.2	-18.65	-8.24	-36.37	-51.96	-56.68	6.08	-6.99	5.57	10.57	-17.2
Tangible Common Equity Ratio	13.04	16.79	16.46	19.85	16.65	14.17	11.51	12.7	12.14	10.81	9.12
Current Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Cash Flow Statement (USD)

API Chat

	1996 Y	1997 Y	1998 Y	1999 Y	2000 Y	2001 Y	2002 Y	2003 Y	2004 Y	2005 Y	2006 Y
+ Net Income	1	2	3	6	- -	-6	-3	1	- -	- -	-1
+ Depreciation & Amortization	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Non-Cash Items	- -	- -	-2	-5	- -	14	17	5	-1	- -	1
+ Stock-Based Compensation	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Income Taxes	- -	- -	- -	1	-2	1	- -	- -	- -	- -	- -
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Cash Adj	- -	- -	-2	-6	1	13	17	5	-1	1	1
+ Chg in Non-Cash Work Cap	- -	- -	- -	-1	- -	-2	2	- -	2	- -	-3
+ (Inc) Dec in Accts Receiv	- -	- -	- -	- -	- -	-2	2	- -	- -	- -	- -
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	1	- -	- -	-1	-1	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Other	- -	- -	- -	- -	1	- -	- -	- -	2	-1	-3
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	2	2	2	- -	- -	6	17	6	1	- -	-2
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	1	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	1	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	- -	- -	-4	-4	-1	- -	- -	- -	-1	- -	- -
+ Acq of Fixed Prod Assets	- -	- -	-1	- -	-1	- -	- -	- -	-1	- -	- -
+ Acq of Intangible Assets	- -	- -	-4	-3	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-1
+ Increase in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-1
+ Net Change in LT Investment	-4	3	3	15	4	-5	-28	-2	- -	-11	-6
+ Dec in LT Investment	41	31	49	97	96	27	55	88	58	24	18
+ Inc in LT Investment	-45	-28	-46	-82	-92	-32	-82	-91	-58	-36	-24
+ Net Cash From Acq & Div	- -	- -	-4	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	-4	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	- -	- -	3	- -	1	- -	- -	- -	-2	12	14
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-4	3	-2	11	4	-6	-28	-3	-2	- -	8
+ Dividends Paid	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Debt	- -	- -	4	1	-1	-1	1	-1	-1	- -	- -
+ Cash From Debt	5	1	4	2	- -	- -	2	1	- -	1	1
+ Repayments of Debt	-5	-1	- -	-2	-1	-1	-1	-2	-1	-1	-1
+ Other Financing Activities	-4	-1	-2	-1	-2	-1	-1	-1	-1	-1	-1
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	-4	-2	2	-1	-3	-2	- -	-2	-2	-2	-1
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	-7	3	2	10	1	-2	-12	2	-4	-1	4
EBITDA	2	- -	5	- -	1	-7	-3	1	1	1	- -
EBITDA Margin (%)	9.42	- -	16.65	- -	3.89	-27.23	-7.18	2.41	1.5	2.11	0.02
Free Cash Flow	1	2	-3	-3	-2	6	17	6	- -	- -	-3
Net Cash Paid for Acquisitions	- -	- -	4	- -	- -	- -	- -	- -	- -	- -	- -
Free Cash Flow to Firm	2	2	-2	-3	-1	- -	- -	- -	- -	- -	- -
Free Cash Flow to Equity	- -	1	5	1	-2	5	17	5	- -	- -	-2
Free Cash Flow per Basic Share	317.3	453.09	-519.28	-440.31	-245.63	891.55	2,408.89	881.08	-9.95	9.7	-382.08
Price/Free Cash Flow	3.36	2.65	2.3	5.08	27.07	2.18	0.52	2.36	6.34	48.68	-4.77
Cash Flow to Net Income	1.42	1.1	0.49	0.06	-1.96	-1.03	-6.44	8.53	3.57	1.04	2.81
Capital Expenditures	- -	- -	-4	-4	-1	- -	- -	- -	-1	- -	- -