34.1%
30-Nov-11
36.5%
30-Nov-10
31.7%
31-Aug-11
RETURN ON INVESTED CAPITAL
462.3%
30-Nov-11
488.6%
30-Nov-10
463.1%
31-Aug-11
X
RETURN ON WORKING CAPITAL
55.3%
30-Nov-11
55.2%
30-Nov-10
53.1%
31-Aug-11
74.9%
30-Nov-10
76.3%
31-Aug-11
BLENDED GROSS MARGIN
2.3
30-Nov-11
2.5
30-Nov-10
2.8
31-Aug-11
NET INVENTORY DAYS
7.5%
30-Nov-10
6.9%
31-Aug-11
WORKING CAPITAL INTENSITY
8.4
30-Nov-11
X
OPERATING MARGIN
77.8%
30-Nov-11
7.4%
30-Nov-11
8.8
30-Nov-10
8.7
31-Aug-11
WORKING CAPITAL TURN
+
22.5%
30-Nov-11
19.6%
30-Nov-10
23.2%
31-Aug-11
43.7
30-Nov-11
COST STRUCTURE
46.0
30-Nov-11
46.8
30-Nov-10
41.3
30-Nov-10
41.8
31-Aug-11
WORKING CAPITAL DAYS
45.7
31-Aug-11
DAYS SALES OUTSTANDING (DSO)
-
4.6
30-Nov-11
8.1
30-Nov-10
6.7
31-Aug-11
DAYS PURCHASE OUTSTANDING (DPO)
462.3%
30-Nov-11
488.6%
30-Nov-10
RETURN ON WORKING CAPITAL
55.3%
55.2%
8.4
8.8
30-Nov-11
30-Nov-10
30-Nov-11
30-Nov-10
OPERATING MARGIN
77.8%
30-Nov-11
74.9%
30-Nov-10
BLENDED GROSS MARGIN
2.3
30-Nov-11
2.5
30-Nov-10
NET INVENTORY DAYS
WORKING CAPITAL TURN
+
22.5%
30-Nov-11
19.6%
30-Nov-10
43.7
30-Nov-11
COST STRUCTURE
46.0
30-Nov-11
46.8
30-Nov-10
DAYS SALES OUTSTANDING (DSO)
41.3
30-Nov-10
WORKING CAPITAL DAYS
-
4.6
30-Nov-11
8.1
30-Nov-10
DAYS PURCHASE OUTSTANDING (DPO)
Simplified Income Statement
Quarter ended
30-Nov-11
US$'m
30-Nov-10
Net sales and other income
Cost of sales
Gross profit/ margin
Operating, Selling and General and Administrative expenses
Operating profit
8,792
(1,956)
6,836
(1,974)
4,862
%
100.0%
-22.2%
77.8%
-22.5%
55.3%
Research and development
Operating profit after R&D
(1,102)
3,760
-12.5%
42.8%
Growth
Revenue
Gross profit
Costs
Operating profit
12Q2 vs 11Q2 12Q2 vs
2.4%
6.4%
17.1%
2.6%
12Q1
5.0%
7.0%
1.7%
9.4%
US$'m
8,582
(2,157)
6,425
(1,686)
4,739
%
100.0%
-25.1%
74.9%
-19.6%
55.2%
(1,119)
3,620
-13.0%
42.2%
31-Aug-11
US$'m
8,374
(1,988)
6,386
(1,941)
4,445
%
100.0%
-23.7%
76.3%
-23.2%
53.1%
(1,050)
3,395
-12.5%
40.5%
Simplified Balance Sheet
As at
Cash and cash equivalents
Short-term investments
Property, plant and equipment
Goodwill and intangible assets
Other assets/liabilities
Investment in non working capital
Stock/Inventory
Debtors/ Accounts Receivables
Creditors/ Accounts Payable
Investment in working capital
30-Nov-11
US$'m
30-Nov-10
US$'m
13,286
17,726
2,900
29,146
10,420
14,425
2,870
29,415
13,162
18,498
2,930
29,493
(10,220)
52,838
(9,125)
48,005
(11,894)
52,189
218
4,434
(445)
4,207
Days
2.3
46.0
-4.6
43.7
236
4,406
(762)
3,880
Days
2.5
46.8
-8.1
41.3
31-Aug-11
US$'m
259
4,194
(614)
3,839
Net Assets
57,045
51,885
56,028
Shareholders funds/ equity
Borrowings
Invested Capital
42,267
14,778
34,850
17,035
41,239
14,789
57,045
51,885
56,028
Days
2.8
45.7
-6.7
41.8