|
In US $ million, except per share data and ratios
| Fiscal |
|
2009 |
|
|
2008 |
|
|
2007 |
|
|
2006 |
|
|
2005 |
|
|
2004 |
| INCOME STATEMENT |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net sales |
$ |
1,038.3 |
|
$ |
1,249.7 |
|
$ |
964.4 |
|
$ |
773.2 |
|
$ |
653.9 |
|
$ |
533.4 |
| EBITDA(1) |
$ |
160.6 |
|
$ |
249.8 |
|
$ |
194.0 |
|
$ |
166.4 |
|
$ |
128.6 |
|
$ |
98.9 |
| Net earnings(2) |
$ |
95.3 |
|
$ |
146.4 |
|
$ |
129.1 |
|
$ |
106.3 |
|
$ |
85.8 |
|
$ |
59.9 |
| Diluted earnings per share(2)(3) |
$ |
0.79 |
|
$ |
1.20 |
|
$ |
1.06 |
|
$ |
0.88 |
|
$ |
0.71 |
|
$ |
0.50 |
| Adjusted net earnings(1)(2) |
$ |
99.7 |
|
$ |
151.3
|
|
$ |
156.4 |
|
$ |
126.3 |
|
$ |
93.8 |
|
$ |
66.4 |
| Adjusted diluted earnings per share(1)(2) |
$ |
0.82 |
|
$ |
1.24 |
|
$ |
1.29 |
|
$ |
1.04 |
|
$ |
0.78 |
|
$ |
0.56 |
| CASH FLOW |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Operating cash flow(2)(4) |
$ |
159.5 |
|
$ |
191.2 |
|
$ |
167.7 |
|
$ |
158.0 |
|
$ |
122.0 |
|
$ |
87.8 |
Change in non-cash
working capital balances (2) |
$ |
9.7 |
|
$ |
47.7 |
|
$ |
(79.1) |
|
$ |
(64.6) |
|
$ |
(29.6) |
|
$ |
(29.6) |
| Capital expenditures |
$ |
(44.9) |
|
$ |
(97.0) |
|
$ |
(134.3) |
|
$ |
(80.2) |
|
$ |
(86.1) |
|
$ |
(53.7) |
| Free cash flow(1) |
$ |
132.2 |
|
$ |
148.4 |
|
$ |
(43.5) |
|
$ |
18.5 |
|
$ |
9.4 |
|
$ |
5.1 |
| FINANCIAL POSITION |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total assets (2) |
$ |
1,082.4 |
|
$ |
1,095.0 |
|
$ |
867.7 |
|
$ |
718.9 |
|
$ |
596.5 |
|
$ |
488.1 |
| Long-term debt (including current portion) |
$ |
4.4 |
|
$ |
53.0 |
|
$ |
59.7 |
|
$ |
33.9 |
|
$ |
47.1 |
|
$ |
56.6 |
| Cash in excess of total indebt - edness (Net indebtedness)(1) |
$ |
95.3 |
|
$ |
(40.6) |
|
$ |
(50.4) |
|
$ |
(8.3) |
|
$ |
18.7 |
|
$ |
4.1 |
| Shareholders' equity(2) |
$ |
910.8 |
|
$ |
811.5 |
|
$ |
661.1 |
|
$ |
529.0 |
|
$ |
419.5 |
|
$ |
326.7 |
| FINANCIAL RATIOS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| EBITDA margin |
|
15.5% |
|
|
20.0 % |
|
|
20.1 % |
|
|
21.5 % |
|
|
19.7 % |
|
|
18.5 % |
| Net debt to EBITDA |
|
n.a. |
|
|
0.2 x |
|
|
0.3 x |
|
|
0.0 x |
|
|
n.a. |
|
|
0.0 x. |
| Net earnings margin |
|
9.2% |
|
|
11.7 % |
|
|
13.4 % |
|
|
13.7 % |
|
|
13.1 % |
|
|
11.2 % |
| Return on shareholders' equity |
|
11.3% |
|
|
19.8 % |
|
|
22.0 % |
|
|
22.4 % |
|
|
23.5 % |
|
|
20.6 % |
(1)EDITDA, Adjusted net earnings, Adjusted diluted earnings per share, Free cash flow and Cash in excess of total indebtedness (Net indebtedness) are non-GAAP measures. See “Non-GAAP Measures” on page 8 of the 2009 Management’s Discussion and Analysis.
(2)Reflects the impact of the change in accounting policy as described in Note 1 (b) to the 2009 audited Consolidated Financial Statements.
(3) All per share data reflect the effect of the stock splits in May 2007 and May 2005.
(4) Cash flows from operating activities before net changes in non-cash working capital balances.
n.a. Not Applicable
Certain minor rounding variances exist between the financial statements and this summary.
|
