Financial Highlights 

Balance Sheet | Income Statement | Cash Flow | Summary Financials
 
(Dollars in millions, except per share data)
 
 

Income Statement

2013

2012

2011

Net Sales

$4,341.2

$4,987.0

$5,170.2

Net Income Attributable to The Timken Co

$262.7

$495.5

$454.3

Earnings Per Share:

Diluted Earnings per Share

$2.74

$5.07

$4.59

 

 

 

 

Net Income Per Share

$2.74

$5.07

$4.59

Balance Sheet

2013

2012

2011

Assets

Total Current Assets

$1,937.5

$2,162.0

$2,292.9

Net PP&E

1,558.1

1,405.3

1,308.9

Total other Assets

982.3

676.9

725.6

Total Assets

$4,477.9

$4,244.2

$4,327.4

 

Liabilities and Shareholders' Equity

Total Current Liabilities

$980.1

$667.8

$819.9

Long-Term Debt

206.6

455.1

478.8

Total Liabilities

1,829.3

1,997.6

2,284.9

Total Shareholders' Equity

2,636.6

2,232.2

2,028.3

Total Liabilities & Shareholders' Equity

$4,477.9

$4,244.2

$4,327.4

 

 

 

 

 

Cash Flow

2013

2012

2011

Net Cash Provided by Operating Activities

$430.0

$624.1

$209.4

Net Cash Used by Investing Activities

($376.0)

($297.7)

($508.0)

Net Cash Used by Financing Activities

($249.3)

($208.6)

($104.3)

Free cash flow (1)

$104.2

$326.9

$4.1

 

 

 

 

 

 

(1) Management believes that free cash flow is useful to investors because it is a meaningful indicator of cash generated from operating activities that is available for the execution of its business strategy.  Free cash flow is defined as net cash provided by operating activities, less capital expenditures and cash dividends paid to shareholders.  A reconciliation of this measure can be found under the cash flow summary.