Indicators | 2008 | 2007 | 2006 | 2005 |
2004 | |
(USD mln) | ||||||
FINANCIAL | ||||||
Net sales | 11699 | 7719 | 6046 | 4376 | 4460 | |
Gross profit | 5391 | 3742 | 2971 | 2044 | 2380 | |
Operating | 4061 | 2998 | 2243 | 1844 |
2197 | |
Income before | 3132 | 3157 | 2621 | 1892 | 2338 | |
Net income | 2279 | 2247 | 2066 | 1381 | 1773 | |
EBITDA 1 | 4538 | 3366 | 2631 | 2083 | 2379 | |
KEY FINANCIAL | ||||||
Total assets | 14065 | 13076 | 8717 | 6211 | 5166 | |
Equity | 8690 | 8992 | 6809 | 5114 | 4220 | |
Equity as | 62% | 69% | 78% | 82% |
82% | |
Current liquidity | 1.8 | 1.5 | 3.1 | 5.6 | 4.8 | |
Quick liquidity | 1.3 | 1.0 | 2.2 | 4.7 |
3.9 | |
Accounts | 50 | 67 | 56 |
54 | 40 | |
Inventory | 88 | 107 | 95 | 92 | 77 | |
PROFITABILITY | ||||||
Operating | 35% | 39% | 37% | 42% | 49% | |
Net income | 19% | 29% | 34% | 32% | 40% | |
EBITDA margin | 39% | 44% | 44% | 48% |
53% | |
Return on | 17% | 21% | 28% | 24% |
43% | |
Return on | 26% | 28% | 35% | 30% |
52% | |
EBITDA to | 32% | 31% | 35% | 37% | 58% | |
Earnings per | 0.3802 | 0.3750 | 0.3447 | 0.2305 | 0.2958 | |
1 EBITDA is calculated as the sum total of net profit, net interest expense, income tax, loss on disposal of fixed assets, impairment losses, accretion expense on asset retirement obligation, depreciation and amortization (without gain | (loss) on investments, income from discontinued operations, gain from disposal of subsidiaries and gain on loan restructuring).
2 Current liquidity ratio is calculated as current assets as at the yearend, excluding restricted cash, divided by current liabilities as at the yearend.
3 Quick liquidity ratio is calculated as current assets as at the yearend, excluding restricted cash, less inventory, divided by current liabilities as at the yearend.
4 Accounts receivable days are calculated as simple average receivables, divided by sales revenue, multiplied by 365.
5 Inventory days are calculated as simple average inventory divided by production cost, multiplied by 365.
6 Return on assets is calculated as net income divided by simple average assets.
7 Return on equity is calculated as net income divided by simple average equity.
8 EBITDA to Assets is calculated as EBITDA divided by simple average assets.
