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Reliant Resources, Inc.
1111 Lousiana, Houston, TX 77002 * (713) 207-3000
Business Description The company is a rapidly growing provider of electricity and energy services with a focus on the competitive segments of the electric power industry in the United States and Europe.
Offering
Information

Company has
gone public

Trading As  RRI (NYSE) Industry  Utilities (SIC 4911)
Type of Stock Offered  Common Shares Filing Date  10/16/2000
Domestic Shares Offered  52,000,000 Offer Date  4/30/2001
Foreign Shares Offered  0 Filing Range  $28.00 - $30.00
Company Shares  52,000,000 Offer Price  $30.00
Selling Shrhldrs Shares  0 Gross Spread  $1.500
Gross Proceeds  $1,560,000,000 Selling  $0.900
Expenses  $10,058,600 Reallowance  $0.100
Post-IPO Shares  292,000,000 Employees  - -
Spun out from Reliant Energy
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
Goldman, Sachs & Co. Lead Manager (212) 902-5959
ABN Amro Roth Co-manager (212) 314-1080
Banc of America Securities LLC Co-manager (415) 627-2100
CS First Boston Co-manager (212) 325-2000
Deutsch Banc Alex. Brown Co-manager (410) 727-1700
Merrill Lynch & Co. Co-manager (212) 449-4600
UBS Warburg LLC Co-manager  
Income
Statement
and
Cash Flow
Summary
  Prior
Audited
Income
Latest
Unaudited
Income
  Full Year Audited Figures 6 Months Ending
Figures in U.S. millions except per share data     12/31/1997 12/31/1998 12/31/1999 6/30/1999 6/30/2000
Revenues   - - 1.312 4.357 7.973 2.908 5.856
Income from Oper.   - - -0.006 0.048 0.047 - 0.181
Net Income   - - -0.004 0.027 0.031 -0.004 0.085
E.P.S   - - - - - - -
Revenue Growth (%)      - - 232.09 82.993   101.38
Net Income Growth (%)      - - - 14.81   -
Oper. Profit Margin (%)    - - - 1.10 0.59 3.09 -
Net Profit Margin (%)    - - - 0.62 0.39 1.45 -
Cash Flow - Oper.     -47.69 1.24 99.81
Cash Flow - Inv.     -75.86 -370.30 -1,425.60
Cash Flow - Fin.     125.09 383.52 1,363.77
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 12/31/1999 Financial Ratios
Total Assets    5.75 Current Assets    1.60 Current Ratio    0.71
Total Liab.    4.89 Current Liab.    2.27 Debt Ratio    85.15%
Total Equity    0.85 Working Cap.    -0.66 Debt to Equity Ratio    5.74
Cash    55.24    Return on Assets   1.48%
Use Of
Proceeds
The proceeds from the proposed offering will be used for general corporate purposes including development activities and acquisitions.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Baker & Botts
Bank's Law Firm  Vinson & Elkins
Auditor  Deloitte & Touche
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Principal
Shareholders
Name of Shareholder% Owned
Before
% Owned
After
Reliant Energy 100.00 82.20
Note: represents ownership of 5% or more prior to the offering.

Last updated: 9/14/2001 2:48:06 PM
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