Financial Summary (All financials)
In millions, except per share items | Dec-31-08 | Dec-31-07 | Dec-31-06 | Dec-31-05 | Dec-31-04 | Jun-30-03 | Jun-30-02 | Jun-30-01 |
Revenues | 3,197.0 | 3,455.6 | 3,444.0 | 3,388.9 | 3,375.8 | 3,157.9 | 2,383.1 | 2,855.8 |
Revenue growth | -7.5% | 0.3% | 1.6% | 0.4% | | 32.5% | -16.6% | |
Cost of goods sold | 5,039.0 | 5,953.2 | 5,757.3 | 6,032.2 | 5,644.8 | 4,891.0 | 3,546.8 | 4,274.3 |
Gross profit | -1,841.9 | -2,497.6 | -2,313.3 | -2,643.3 | -2,269.0 | -1,733.1 | -1,163.7 | -1,418.5 |
Gross margin | -57.6% | -72.3% | -67.2% | -78.0% | -67.2% | -54.9% | -48.8% | -49.7% |
Selling, general and administrative | 550.8 | 701.3 | 748.3 | 750.9 | 641.2 | 550.1 | 477.2 | 475.1 |
EBITA | 128.5 | -232.8 | -197.7 | -363.3 | -82.0 | 170.9 | 144.4 | 254.4 |
EBITA margin | 4.0% | -6.7% | -5.7% | -10.7% | -2.4% | 5.4% | 6.1% | 8.9% |
Amortization of intangibles | | | 1.5 | 2.3 | 3.5 | 45.1 | 3.0 | 18.2 |
EBIT | 128.5 | -232.8 | -199.3 | -365.6 | -85.4 | 125.8 | 141.4 | 236.2 |
EBIT margin | 4.0% | -6.7% | -5.8% | -10.8% | -2.5% | 4.0% | 5.9% | 8.3% |
Pre-tax income | 36.7 | -290.5 | -181.0 | -599.5 | -534.4 | 98.0 | 118.7 | 136.8 |
Income taxes | 68.8 | 72.2 | 32.4 | 122.1 | 11.8 | 65.3 | 80.3 | 101.9 |
Tax rate | 187.4% | | | | | 66.7% | 67.6% | 74.5% |
Net income | -32.1 | -362.7 | -213.4 | -721.6 | -546.2 | 32.7 | -41.5 | -128.0 |
Net margin | -1.0% | -10.5% | -6.2% | -21.3% | -16.2% | 1.0% | -1.7% | -4.5% |
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Diluted EPS | ($7.18) | ($83.90) | ($50.30) | ($3.59) | ($2.77) | $0.18 | ($0.26) | ($1.19) |
Shares outstanding (diluted) | 4.5 | 4.3 | 4.2 | 201.0 | 197.0 | 185.6 | 158.7 | 107.9 |
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EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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