Business Context and Reporting Period
This Form 8-K filing by National CineMedia, Inc. (NCM Inc.) dated May 9, 2008, discloses select unaudited summarized financial information for its subsidiary, National CineMedia, LLC ("NCM LLC"). The data covers the quarter ended March 27, 2008, and is provided to assist NCM LLC's founding members with potential reporting requirements.
Key Financial Metrics
| Metric | Value (in millions) |
|---|---|
| Revenue | $62.7 |
| Expenses | $45.0 |
| Operating Income | $17.7 |
| Interest Expense, Net | $13.5 |
| Net Income | $4.2 |
Calculated Margins: Operating margin is approximately 28.2% ($17.7M / $62.7M). Net margin is approximately 6.7% ($4.2M / $62.7M). The filing text does not provide specific data on cash flow, total debt, or liquidity positions.
Material Changes
The filing text does not provide comparative financial data for the prior period; therefore, material changes in revenue, profit, or expenses cannot be determined from this document.
Outlook, Risks, and Commentary
The filing contains no management commentary, forward-looking guidance, or specific risk factors. The disclosure is limited to the presentation of historical financial results for the quarter ended March 27, 2008. No unusual items or contingencies are described in the text.
Investor Verification Checklist
- Verify the full audited financial statements for NCM LLC to confirm the unaudited figures presented.
- Obtain prior period financial data to analyze year-over-year or quarter-over-quarter performance trends.
- Review the company's balance sheet to assess total debt levels and liquidity, as these are not included in this summary.
- Confirm the relationship and reporting obligations between NCM Inc. and NCM LLC's founding members.