NCR Corporation was founded in 1884 and is headquartered in Duluth, US

CEO and Chairman

SVP, CFO and Chief Accounting Officer

SVP, Global Professional Services

EVP, NCR Software Executive Officer

EVP, Hardware Product Operations

SVP & Chief Technology Officer, Software Solutions

SVP & Chief Information Officer

EVP, Chief Administration Office and Chief Human Resources Officer

EVP, Global Sales

President, Chief Operating Officer

EVP, Services, Hardware Solutions and Enterprise Quality

SVP, General Counsel and Secretary

NCR Corporation has offices in Duluth, Mason, Atlanta, Alpharetta and in 153 other locations

Duluth, US (HQ)

3097 Satellite Blvd, GA 30096, USA

NCR Corporation's revenue was reported to be $1.5 b in Q1, 2017

USD

## Revenue (Q1, 2017) | 1.5 b |

## Gross profit (Q1, 2017) | 837 m |

## Gross profit margin (Q1, 2017), % | 57% |

## Net income (Q1, 2017) | 57 m |

## EBIT (Q1, 2017) | 117 m |

## Market capitalization (18-Aug-2017) | 5.3 b |

## Cash (31-Mar-2017) | 401 m |

NCR Corporation's current market capitalization is $5.3 b.

- Source: SEC Filings

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Revenue | 6.1 b | 6.6 b | 6.4 b | 6.5 b |

## Revenue growth, % | 8% | (3%) | 3% | |

## Cost of goods sold | 2.2 b | 2.7 b | 2.8 b | 2.7 b |

## Gross profit | 4 b | 3.9 b | 3.5 b | 3.9 b |

## Gross profit Margin, % | 65% | 59% | 56% | 59% |

## R&D expense | 242 m | |||

## General and administrative expense | 926 m | |||

## Operating expense total | 1.2 b | |||

## EBIT | 666 m | 353 m | 135 m | 599 m |

## EBIT margin, % | 11% | 5% | 2% | 9% |

## Interest expense | 103 m | 181 m | 173 m | 170 m |

## Pre tax profit | 554 m | 137 m | (95 m) | 379 m |

## Income tax expense | 98 m | (48 m) | 55 m | 92 m |

## Net Income | 447 m | 195 m | (174 m) | 274 m |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Revenue | 1.7 b | 1.6 b | 1.5 b | 1.6 b | 1.6 b | 1.4 b | 1.6 b | 1.7 b | 1.5 b |

## Cost of goods sold | 647 m | 696 m | 603 m | 914 m | 644 m | 622 m | 657 m | 672 m | 641 m |

## Gross profit | 1 b | 951 m | 873 m | 690 m | 969 m | 822 m | 963 m | 1 b | 837 m |

## Gross profit Margin, % | 61% | 58% | 59% | 43% | 60% | 57% | 59% | 60% | 57% |

## R&D expense | 64 m | 59 m | 55 m | 67 m | 53 m | 53 m | 50 m | 56 m | 67 m |

## General and administrative expense | 247 m | 232 m | 225 m | 339 m | 224 m | 224 m | 229 m | 225 m | 229 m |

## Operating expense total | 311 m | 291 m | 280 m | 406 m | 277 m | 277 m | 279 m | 281 m | 296 m |

## EBIT | 169 m | 41 m | 95 m | (266 m) | 168 m | 101 m | 163 m | 189 m | 117 m |

## EBIT margin, % | 10% | 2% | 6% | (17%) | 10% | 7% | 10% | 11% | 8% |

## Interest expense | 46 m | 46 m | 44 m | 45 m | 42 m | 46 m | 43 m | 41 m | 39 m |

## Pre tax profit | 120 m | (19 m) | 44 m | (311 m) | 140 m | 71 m | |||

## Income tax expense | 29 m | (19 m) | 2 m | 32 m | 16 m | 13 m | 31 m | 31 m | 14 m |

## Net Income | 91 m | 15 m | 42 m | (343 m) | 99 m | 32 m | 74 m | 107 m | 57 m |

- Source: SEC Filings

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Cash | 528 m | 511 m | 328 m | 498 m |

## Accounts Receivable | 1.3 b | 1.4 b | 1.3 b | 1.3 b |

## Inventories | 790 m | 669 m | 643 m | 699 m |

## Current Assets | 4.3 b | 3.1 b | 2.5 b | 2.8 b |

## PP&E | 352 m | 396 m | 322 m | 287 m |

## Goodwill | 1.5 b | 2.8 b | 2.7 b | 2.7 b |

## Total Assets | 8.1 b | 8.6 b | 7.6 b | 7.7 b |

## Accounts Payable | 670 m | 712 m | 657 m | 781 m |

## Total Debt | 3.4 b | 3.7 b | 3.3 b | 3.1 b |

## Current Liabilities | 1.9 b | 2.1 b | 1.8 b | 2 b |

## Total Liabilities | 6.1 b | |||

## Additional Paid-in Capital | 433 m | 442 m | 32 m | |

## Retained Earnings | 1.4 b | 1.6 b | 869 m | 867 m |

## Total Equity | 1.8 b | 1.9 b | 726 m | 699 m |

## Debt to Equity Ratio | 1.9 x | 1.9 x | 4.5 x | 4.4 x |

## Debt to Assets Ratio | 0.4 x | 0.4 x | 0.4 x | 0.4 x |

## Financial Leverage | 4.5 x | 4.6 x | 10.5 x | 11 x |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Cash | 483 m | 424 m | 462 m | 425 m | 303 m | 333 m | 332 m | 318 m | 401 m |

## Accounts Receivable | 1.5 b | 1.5 b | 1.4 b | 1.4 b | 1.4 b | 1.3 b | 1.4 b | 1.4 b | 1.3 b |

## Inventories | 816 m | 777 m | 676 m | 709 m | 718 m | 725 m | 765 m | 776 m | 800 m |

## Current Assets | 3.4 b | 3.2 b | 3.1 b | 3 b | 2.9 b | 2.7 b | 2.8 b | 2.8 b | 2.8 b |

## PP&E | 402 m | 398 m | 351 m | 348 m | 338 m | 302 m | 290 m | 289 m | 288 m |

## Goodwill | 2.8 b | 2.8 b | 2.8 b | 2.8 b | 2.8 b | 2.7 b | 2.7 b | 2.7 b | 2.7 b |

## Total Assets | 8.8 b | 8.6 b | 8.5 b | 8.1 b | 7.9 b | 7.8 b | 7.8 b | 7.7 b | 7.7 b |

## Accounts Payable | 678 m | 705 m | 642 m | 695 m | 691 m | 649 m | 676 m | 718 m | 765 m |

## Current Liabilities | 2 b | 2 b | 2 b | 1.9 b | 1.8 b | 2 b | 2 b | 2 b | 2.2 b |

## Additional Paid-in Capital | 438 m | 446 m | 447 m | 470 m | 485 m | 21 m | |||

## Retained Earnings | 1.5 b | 1.5 b | 1.6 b | 1.3 b | 1.4 b | 687 m | 730 m | 822 m | 716 m |

## Total Equity | 1.6 b | 1.7 b | 538 m | 560 m | 675 m | 535 m | |||

## Financial Leverage | 5 x | 4.7 x | 14.4 x | 13.8 x | 11.4 x | 14.4 x |

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Net Income | 447 m | 195 m | (174 m) | 274 m |

## Depreciation and Amortization | 344 m | |||

## Inventories | 10 m | 121 m | (46 m) | (86 m) |

## Cash From Operating Activities | 281 m | 524 m | 681 m | 894 m |

## Purchases of PP&E | (116 m) | (118 m) | (79 m) | (73 m) |

## Cash From Investing Activities | (2.1 b) | (788 m) | (209 m) | (189 m) |

## Long-term Borrowings | (1.4 b) | |||

## Cash From Financing Activities | 1.4 b | 284 m | (583 m) | (467 m) |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Net Income | 91 m | 15 m | 42 m | (343 m) | 99 m | 32 m | 74 m | 107 m | 57 m |

## Accounts Receivable | 1.4 b | 1.4 b | 1.3 b | 1.4 b | 1.4 b | 1.3 b | |||

## Inventories | 709 m | 718 m | 725 m | 765 m | 776 m | 800 m | |||

## Accounts Payable | 695 m | 691 m | 649 m | 676 m | 718 m | 765 m |

Y, 2017 | |
---|---|

## Financial Leverage | 14.4 x |

NCR Corporation's Active Users was reported to be 645 m in Feb, 2017. NCR Corporation's Backlog was reported to be $1.4 b in FY, 2016, which is a 24% increase from the previous period. NCR Corporation's Transactions' Volume was reported to be $120 b in FY, 2016

- Source: Company Filings, SEC Filings

Source: 148 public H-1B filings from NCR Corporation

December 19, 2016

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