RAFHAN VERTICAL ANALYSIS

PROFIT AND LOSS ACCOUNTS

2009 2008

Sales - Net 11,428,104 10,746,826

Cost of sales -8,992,742 -8,005,580
Gross profit 2,435,362 2,741,246
Distribution cost -116,884 -160,563
Administrative expenses -187,535 -165,510
Operating profit 2,130,943 2,415,173
Other operating income 79,259 90,911
2,210,202 2,506,084
Finance cost -48,766 -36,123
Other operating expenses -149,572 -170,896
Profit before taxation 2,011,864 2,299,065
Taxation -714,784 -806,700
Profit after taxation 1,297,080 1,492,365
Earnings per share - Basic and diluted (Rupees) 140.43 161.57

RAFHAN VERTICAL ANALYSIS

BALANCE SHEETS
2009 2008
NON CURRENT ASSETS
Property, plant and equipment 1,765,365 1,553,156
Capital work in progress 987,851 503,559
Employees retirement benefits 15,784 71,957
Long term loans 3,564 791
Total Non Current Assets 2,772,564 2,129,463

CURRENT ASSETS
Stores and spares 277,972 279,768
Stock in trade 1,166,118 2,406,062
Trade debts 315,365 343,604
Loan advances 11,840 24,493
Trade deposits 22,227 26,256
Other recievables 65,029 63,995
Cash and bank balances 673,409 13,730
Total Current assets 2,531,960 3,157,908
Total Assets 5304524 5,287,371

CURRENT LIABILITIES
Trade and other payables 734,202 765,924
Mark up accrued on short term running finances 8,601 8,522
Short term running finances secured - 493,709
Provision for taxation 293,670 205,502
Total current liabilities 1,036,473 1,473,657
Working capital 1,495,487 1,684,251
Total capital employed 4,268,051 3,813,714
Non Current liabilities
Deffered taxation 260,321 235,273
Net capital employed 4,007,730 3,578,441
REPRESENTED BY:
SHARE CAPITAL AND RESERVES
Share capital 92,364 92,364
Reserves 3,915,366 3,486,077
Total liabilities 1,296,794 1,708,930
Total liabilities & owner's equity 5304524 5,287,371

RAFHAN HORIZONTAL ANALYSIS

PROFIT AND LOSS ACCOUNTS
2009 2008

Sales - Net 11,428,104 10,746,826

Cost of sales -8,992,742 -8,005,580
Gross profit 2,435,362 2,741,246
Distribution cost -116,884 -160,563
Administrative expenses -187,535 -165,510
Operating profit 2,130,943 2,415,173
Other operating income 79,259 90,911
2,210,202 2,506,084
Finance cost -48,766 -36,123
Other operating expenses -149,572 -170,896
Profit before taxation 2,011,864 2,299,065
Taxation -714,784 -806,700
Profit after taxation 1,297,080 1,492,365
Earnings per share - Basic and diluted (Rupees) 140.43 161.57

RAFHAN HORIZONTAL ANALYSIS

BALANCE SHEETS
2009 2008
NON CURRENT ASSETS
Property, plant and equipment 1,765,365 1,553,156
Capital work in progress 987,851 503,559
Employees retirement benefits 15,784 71,957
Long term loans 3,564 791
Total Non Current Assets 2,772,564 2,129,463

CURRENT ASSETS
Stores and spares 277,972 279,768
Stock in trade 1,166,118 2,406,062
Trade debts 315,365 343,604
Loan advances 11,840 24,493
Trade deposits 22,227 26,256
Other recievables 65,029 63,995
Cash and bank balances 673,409 13,730
Total Current assets 2,531,960 3,157,908
Total Assets 5304524 5,287,371

CURRENT LIABILITIES
Trade and other payables 734,202 765,924
Mark up accrued on short term running finances 8,601 8,522
Short term running finances secured - 493,709
Provision for taxation 293,670 205,502
Total current liabilities 1,036,473 1,473,657
Working capital 1,495,487 1,684,251
Total capital employed 4,268,051 3,813,714
Non Current liabilities
Deffered taxation 260,321 235,273
Net capital employed 4,007,730 3,578,441
REPRESENTED BY:
SHARE CAPITAL AND RESERVES
Share capital 92,364 92,364
Reserves 3,915,366 3,486,077
Total liabilities 1,296,794 1,708,930
Total liabilities & owner's equity 5304524 5,287,371
 ANALYSIS
ACCOUNTS
2007 2009 2008 2007

7,578,339 100% 100% 100%

-5,480,167 78.70% 74.50% 72.30%
2,098,172 21.30% 25.50% 27.70%
-190,583 1.00% 1.50% 2.50%
-152,950 1.60% 1.50% 2.00%
1,754,639 18.60% 22.50% 23.20%
62,862 0.70% 0.80% 0.80%
1,817,501
-11,807 0.40% 0.30% 0.20%
-124,593 1.30% 1.60% 1.60%
1,681,101 17.60% 21.40% 22.20%
-591,917 6.30% 7.50% 7.80%
1,089,184 11.30% 13.90% 14.40%
117.92

ANALYSIS

2007 2009 2008 2007

1,501,737 33.30% 29.40% 38.10%

88,892 18.60% 9.50% 2.30%
96,537 0.30% 1.40% 2.40%
1,460 0.10% 0.00% 0.00%
1,688,626

218,821 5.20% 5.30% 5.50%

1,361,821 22.00% 45.50% 34.50%
328,389 5.90% 6.50% 8.30%
42,534 0.20% 0.50% 0.40%
0 0.40% 0.50% 0.00%
0 1.20% 1.20% 0.00%
305,420 12.70% 0.30% 7.70%
2,256,985 47.73% 59.72% 57.20%
3,945,611 100% 100% 100%

589,359 13.80% 14.50% 14.80%

61 0.20% 0.20% 0.00%
 – 0.00% 9.30% 0.00%
78,158 5.50% 4% 2%
667,578
1,589,407
3,278,033

252,337 4.90% 4.40% 6.40%

3,025,696

92,364 1.70% 1.70% 2.30%

2,933,332 73.80% 65.90% 74.40%
919,915
3,945,611 100% 100% 100%

AL ANALYSIS
ACCOUNTS
2007 2009 2008 2007

7,578,339 151% 142% 100%

-5,480,167 164% 146% 100%
2,098,172 116% 131% 100%
-190,583 61% 84% 100%
-152,950 123% 108% 100%
1,754,639 121% 138% 100%
62,862 126% 145% 100%
1,817,501 122% 138% 100%
-11,807 413% 306% 100%
-136,400 110% 125% 100%
1,681,101 120% 137% 100%
-591,917 121% 136% 100%
1,089,184 119% 137% 100%
117.92 119% 137% 100%

AL ANALYSIS

2007 2009 2008 2007

1,501,737 118% 103% 100%

88,892 1111% 566% 100%
96,537 16% 75% 100%
1,460 244% 51% 100%
 1,688,626 164% 126% 100%

218,821 127% 128% 100%

1,361,821 86% 177% 100%
328,389 96% 105% 100%
42,534 28% 58% 100%
0
0
305,420 220% 4% 100%
2,256,985 112% 140% 100%
3,945,611 134% 134% 100%

589,359 125% 130% 100%

61 14100% 13970% 100%
–
78,158 376% 263% 100%
667,578 155% 221% 100%
1,589,407 94% 106% 100%
3,278,033 130% 116% 100%

252,337 103% 93% 100%

3,025,696 132% 118% 100%

92,364 100% 100% 100%

2,933,332 133% 119% 100%
919,915 141% 186% 100%
3,945,611 134% 134% 100%
 Rafhan Ration Analysis

1) current ratio current assets

current liabilites
times

2) quick ratio (current assets-invertory)

current liability
times

3) inventory turnover ratio sales

inventory
times

4) days sales outstanding receivables

annual sales/365
days

5) fixed assests turnover ratio sales

fixed assets
times

6) total asset turnover ratio sales

total assets
times

7) debt ratio total liabilities * 100

total assets
percent

8) time intrest earned ratio EBIT

Intrest Charges
times
9) net profit ratio Net Income *100
Sales
percent

10) return on assets Net Income *100

Total Assets
percent

11) Price Per Earning Share Maket price

Earning per share
times

12) basic earning power ratio EBIT *100

Total Assets
percent

13) return on equity Net income *100

common equity
percent

14) gross profit ratio Gross Profit *100

Sales
percent

15) operating profit ratio operating profit *100

sale

16) operating ratio (Operating expenses + CGS) *100

sales
percent

Operating expenses= gross profit - operating profit

17) administrative expense ratio administrative expense*100

sales
percent

18) selling and distribution expenses ratioselling and distribution exp *100
 sales
percent

19) sales/equity ratio sales

equity
times

20) Book value per share market price

book value
times

21) stock turnover cost of good sold

average stock
times

22) working capital turn over ratio sales

net working capital
times

net working capital= current assets - current liabilities

23) debtors turnover ratio net sales

debtors
days

24) debtors collection period debtors *365

net sales
days

25) debt to equity ratio debt *100

equity
percent

26) long term debt to equity long term debt *100

equity
percent
 Industry average
2009 2008 2007 2009

2531960 3,099,295 2256985

1036473 1473657 667578
2.44286151207026 2.103131868542 3.38085587002567 1.043

(2531960-1166118) (3099295-2406062) (2256985-1361821)

1036473 1473657 667578
2.13 0.47 1.3 0.62

11428104 10746826 7578339

1166118 2406062 1361821
9.80012657381157 4.46656237453565 5.56485690850707 4.2

315365 343604 328389

(11428104/365) (10746826/365) (7578339/365)
10.0723816479094 11.6700000539694 15.8163926158489 14.4

11428104 10746826 7578339

1765365 1553156 1501737
6.4735077448573 6.91934744481559 5.04638228930898 50.6

11428104 10746826 7578339

5304524 5287371 3945611
2.15440706838163 2.03254623138796 1.9207010016953 1.32

1296794 1708930 919915

5304524 5287371 3945611
24.4469437785558 32.3209776654598 23.3148934347557 68.54

2060630 2335188 1692908

48766 36123 11807
42.2554648730673 64.6454613404202 143.381722706869 1.5
 1297080 1492365 1089184
11428104 10746826 7578339
11.3499142114913 13.8865652053918 14.3723314568008 0.09

1297080 1492365 1089184

5304524 5287371 3945611
24.4523354027619 28.2250857751423 27.6049514257741 0.12

1485 2381.42 2255

140.43 161.57 117.92
10.574663533433 14.7392461471808 19.1231343283582 2.6

2060630 2335188 1692908

5304524 5287371 3945611
38.8466524046267 44.1653895669511 42.9061050367104 9.74

1297080 1492365 1089184

4007730 3578441 3025696
32.3644556893803 41.7043343735442 35.9978001755629 0.27

2435642 2741246 2098172

11428104 10746826 7578339
21.3127391910329 25.5074940266084 27.6864363022029 16.3

2130943 2415173 1754639

11428104 10746826 7578339
18.6465138924182 22.4733609718814 23.1533453438808

929744100 833165300 582370000

11428104 10746826 7578339
81.3559362077909 77.5266390281186 76.8466546561192 93.8

304699 326073 343533

187535 165510 152950

11428104 10746826 7578339
1.6409983668332 1.54008262532584 2.01825228457054 3.05

116884 160563 190583

 11428104 10746826 7578339
1.02277683157241 1.4940504294012 2.5148386737516 10.2

11428104 10746826 7578339

4007730 3578441 3025696
2.85151544639983 3.0032145283379 2.50465975431768 4.5

1485 2381 2255

433.91 387.43 327.58
3.4223686939688 6.14562630668766 6.88381464069846 3.05

8992742 8005580 5480167

1166118 2406062 1361821
7.71169126966568 3.32725424365623 4.02414634522452 4.9

11428104 10746826 7578339

1495487 1625638 1589407
7.64172741053583 6.61083586874815 4.76802920837772

1495487 1625638 1589407

11428104 10746826 7578339

315365 343604 328389
36.2377055158309 31.276777918767 23.0773229310361 22.3

315365 343604 328389

11428104 10746826 7578339
10.0723816479094 11.6700000539694 15.8163926158489 16.3

1296794 1708930 919915

4007730 3578441 3025696 125
32.3573194801047 47.7562715160038 30.4034179243387

260321 235273 252337

4007730 3578441 3025696 18.7
6.49547249939492 6.574734640029 8.33980016498683
2008 2007

1.156 0.985

0.677 0.6

3.5 5

16.4 15.04

40.8 5.54

1.42 1.41

60.85 50.42

1.9 1.7
0.08 0.09

0.12 0.13

6.5 1.9

9.28 9.9

0.27 0.28

15.9 16.5

94 92.5

3.6 3.2
10.9 9.5

4 3.03

4.5 2.5

3.02 3.5

23.6 22

15 16.9

129 117

19 21.03
 MITCHELL'S VERTICAL ANALYSIS
PROFIT AND LOSS ACCOUNTS
2009 2008 2007

Sales 1,278,678,610 1038637296 866,618,994

Cost of sales -1043682073 -848823705 706,265,864
Gross profit 234,996,537 189,813,591 160,353,130
Administration expenses -49,699,971 -40,779,924 -33,477,739
Distribution and marketing expenses -124,290,843 -108184873 -67,198,560
Other operating expenses -1,947,763 -1,535,470 -2,655,207
Other operating income 12,962,644 6,123,349 4,011,847
Profit from operations 72,020,604 45,436,673 61,033,471
Finance cost -53,487,027 -32,323,268 -21,267,849
Profit before tax 18,533,577 13,113,405 39,765,622
Taxation -4,481,935 -4,775,865 -14,100,000
Profit for the year 14,051,642 8,337,540 25,665,622

MITCHELL'S VERTICAL ANALYSIS

BALANCE SHEETS
2009 2008 2007

EQUITY AND LIABILITIES

CAPITAL AND RESERVES
Authorised capital
10,000,000shares of Rs 10 each 100,000,000 100,000,000 100,000,000
Issued, subscribed and paid up capital 50,400,000 50,400,000 50,400,000
Reserves 9,635,878 9,635,878 9,635,878
Unappropriated profit 209,806,010 200,794,368 202,536,828
269,841,888 260,830,246 262,572,706
NON-CURRENT LIABILITIES
Long term loan - secured - 7,368,418 22,105,260
Deferred liabilities 50,478,690 49,607,813 40,685,326
50,478,690 56,976,231 62,790,586
CURRENT LIABILITIES
long term loans - secured - 14,736,842 14,736,842
Short term finances - secured 307,671,564 288,711,025 145,860,708
Trade and other payables 87,816,200 89,805,848 89,142,916
Accrued finance cost 12,099,523 10,311,523 3,284,782
407,587,287 403,565,238 253,025,248

Total Liabilities 727,907,865 721,371,715 578,388,540

NON-CURRENT ASSETS
Property, plant and equipment 321,687,827 322,282,388 265,025,533
Intangible assets 1,325,725 1,657,156 2,071,446
Long term loans and deposits 1,110,482 716,334 377,223
biological assets 5,397,600 5,132,000 5,251,100
329,521,634 329,787,878 272,725,302
Current assets
Stores, spares and loose tools 12,781,281 13,305,761 10,904,510
Stock in trade 260,382,527 288,698,972 185,037,159
Trade debts 58,674,183 39,067,739 45,932,040
Advances, deposits, prepayments 53,330,558 39,601,514 37,123,955
and other receivables Cash and bank balances 13,217,682 10,909,851 26,665,574
398,386,231 391,583,837 305,663,238

Total Assets 727,907,865 721,371,715 578,388,540

MITCHELL'S HORIZONTAL ANALYSIS

PROFIT AND LOSS ACCOUNTS
2009 2008 2007

Sales 1278678610 1,038,637,296 866,618,994

Cost of sales 1,043,682,073 848,823,705 706,265,864
Gross profit 234,996,537 189,813,591 160,353,130
Administration expenses 49,699,971 40,779,924 33,477,739
Distribution and marketing expenses 124,290,843 108,184,873 67,198,560
Other operating expenses 1,947,763 1,535,470 2,655,207
Other operating income 12,962,644 6,123,349 4,011,847
Profit from operations 72,020,604 45,436,673 61,033,471
Finance cost 53,487,027 32,323,268 21,267,849
Profit before tax 18,533,577 13,113,405 39,765,622
Taxation 4,481,935 4,775,865 14,100,000
Profit for the year 14,051,642 8,337,540 25,665,622

MITCHELL'S HORIZONTAL ANALYSIS

BALANCE SHEETS
2009 2008 2007
EQUITY AND LIABILITIES
CAPITAL AND RESERVES
Authorised capital
10,000,000(ordinary shares of Rs 10 each 100,000,000 100,000,000 100,000,000
Issued, subscribed and paid up capital 50,400,000 50,400,000 50,400,000
Reserves 9,635,878 9,635,878 9,635,878
Unappropriated profit 209,806,010 200,794,368 202,536,828
269,841,888 260,830,246 262,572,706
NON-CURRENT LIABILITIES
Long term loan - secured - 7,368,418 22,105,260
Deferred liabilities 50,478,690 49,607,813 40,685,326
50,478,690 56,976,231 62,790,586
CURRENT LIABILITIES
Current portion of long term loans - secured - 14,736,842 14,736,842
Short term running finances - secured 307,671,564 288,711,025 145,860,708
Trade and other payables 87,816,200 89,805,848 89,142,916
Accrued finance cost 12,099,523 10,311,523 3,284,782
407,587,287 403,565,238 253,025,248

Total liabilities 727,907,865 721,371,715 578,388,540

ASSETS
NON-CURRENT ASSETS
Property, plant and equipment 321,687,827 322,282,388 265,025,533
Intangible assets 1,325,725 1,657,156 2,071,446
Long term loans and deposits 1,110,482 716,334 377,223
biological assets 5,397,600 5,132,000 5,251,100
329,521,634 329,787,878 272,725,302
CURRENT ASSETS
Stores, spares and loose tools 12,781,281 13,305,761 10,904,510
Stock in trade 260,382,527 288,698,972 185,037,159
Trade debts 58,674,183 39,067,739 45,932,040
Advances, deposits, prepayments 53,330,558 39,601,514 37,123,955
and other receivables Cash and bank balances 13,217,682 10,909,851 26,665,574
398,386,231 391,583,837 305,663,238

Total assets 727,907,865 721,371,715 578,388,540

 2009 2008 2007

100% 100% 100%

81.62% 81.72% 81.49%
18.37% 18.27% 18.50%
3.80% 3.90% 3.80%
9.77% 10.41% 7.75%
0.15% 0.14% 0.30%
1% 0.58% 0.46%
5.60% 4.30% 7.04%
4.18% 3.11% 2.45%
1.44% 1.20% 4.58%
0.35% 0.45% 1.62%
0.10% 0.80% 2.96%

NALYSIS

2009 2008 2007

6.93% 1.02% 3.82%

6.93% 6.87% 7.03%
10.85%

42.26% 889% 2.54%

12.06% 40% 25.21%
1.66% 12.44% 35.23%
55.90% 1% 0.56%
55.94% 43.74%

100% 100.00% 100%

44.19% 44.67% 45.82%

0.18% 0.22% 0.35%
 s 0.09% 0.06%
0.74% 0.71% 0.90%
45.26% 45.71% 47.15%

1.75% 1.84% 1.80%

35.77% 40.02% 31.99%
8.06% 5.41% 7.90%
7.32% 5.48% 6.41%
1.81% 1.50% 4.60%
54.73% 54.28% 52.84%
100%
100% 100% 100%

L ANALYSIS

2009 2008 2007

148% 120% 100%

148% 120% 100%
147% 118% 100%
148% 122% 100%
185% 161% 100%
73% 58% 100%
323% 153% 100%
118% 74% 100%
251% 152% 100%
47% 33% 100%
32% 34% 100%
55% 32% 100%

2009 2008 2007

100% 100% 100%

100% 100% 100%
100% 100% 100%
104% 99% 100%
103% 99% 100%

33% 100%
124% 122% 100%
80% 90% 100%

100% 100%
211% 198% 100%
99% 101% 100%
368% 314% 100%
161% 159% 100%

126% 125% 100%

121% 122% 100%

64% 80% 100%
294% 190% 100%
103% 98% 100%
121% 121% 100%

117% 122% 100%

141% 156% 100%
128% 85% 100%
144% 107% 100%
50% 41% 100%
130% 128% 100%

126% 125% 100%

 Mitchlle's Ratio Analysis

1) current ratio current assets

current liabilites
times

2) quick ratio (current assets-invertory)

current liability
times

3) inventory turnover ratio sales

inventory
times

4) days sales outstanding receivables

annual sales/365
days

5) fixed assests turnover ratio sales

fixed assets
times

6) total asset turnover ratio sales

total assets
times

7) debt ratio total liabilities * 100

total assets
percent

8) time intrest earned ratio EBIT

Intrest Charges
times
9) net profit ratio Net Income *100
Sales
percent

10) return on assets Net Income *100

Total Assets
percent

11) Price Per Earning Share Maket price

Earning per share
times

12) basic earning power ratio EBIT *100

Total Assets
percent

13) return on equity Net income *100

common equity
percent

14) gross profit ratio Gross Profit *100

Sales
percent

15) operating profit ratio operating profit *100

sale

16) operating ratio (Operating expenses + CGS) *100

sales
percent

Operating expenses= gross profit - operating profit

17) administrative expense ratio administrative expense*100

sales
percent

18) selling and distribution expenses ratio selling and distribution exp *100
 sales
percent

19) sales/equity ratio sales

equity
times

20) Book value per share market price

book value
times

21) stock turnover cost of good sold

average stock
times

22) working capital turn over ratio sales

net working capital
times

net working capital= current assets - current liabilities

23) debtors turnover ratio net sales

debtors
days

24) debtors collection period debtors *365

net sales
days

25) debt to equity ratio debt *100

equity
percent

26) long term debt to equity long term debt *100

equity
percent
 398386231 391583837 305663238
407587287 403565238 253025248
0.977425556945794 0.970311117331667 1.2080345357472

(398386231-260382527) (391583837-288698972) (305663238-185037159)

407587287 403565238 253025248
0.33 0.2549 0.476

1278678601 1038637296 866618994

260382527 288698972 185037159
4.91076961166446 3.59764805813025 4.6834862720736

58674183 39067739 45932040

(1278678610/365) (1038637296/365) (866618994/365)
16.7486001779603 13.7292631315254 19.3455194451923

1278678601 1038637296 866618994

321,687,827 322,282,388 265,025,533
3.9749051523793 3.22275536818971 3.2699452924032

1278678601 1038637296 866618994

727907865 721371715 578388540
1.75664896957804 1.43980873439153 1.4983336184358

458065977 460541469 315815834

727907865 721371715 578388540
62.9291149368197 63.8424628279194 54.6027129099066

72020604 45436673 61033471

53487027 32323268 21267849
1.34650602285298 1.40569551940107 2.86975288380127
 14051642 8337540 2566622
1278678610 1038637296 866618994
1.09891898481042 0.802738360360208 0.296164983432154

14051642 8337540 25665622

727907865 721371715 578388540
1.93041491590423 1.15578970267777 4.43743612209191

10 10 10
2.97 1.65 5.09
3.36700336700337 6.06060606060606 1.96463654223969

72020604 45436673 61033471

727907865 721371715 578388540
9.89419230962699 6.29864909521716 10.5523306184455

14051642 8337540 25665622

269841888 260830246 262572706
5.20736128261895 3.19653879404768 9.77467246728988

234996537 189813591 160353130

1278678610 1038637296 866618994
18.3780768022701 18.2752527500226 18.5033020404812

72020604 45436673 61033471

1278678610 1038637296 866618994
5.63242424145971 4.37464292635993 7.04271097478392

120665800600 99320062300 80558552300

1278678610 1038637296 866618994
94.3675757585403 95.6253570736401 92.9572890252161

162975933 144376918 99319659

49699971 40779924 33477739

1278678610 1038637296 866618994
3.88682274117341 3.92629112752369 3.86302853177483

124290843 108184873 67198560

 1278678610 1038637296 866618994
9.72025667966715 10.4160396912995 7.7541065295414

1278678610 1038637296 866618994

269841888 260830246 262572706
4.7386216405364 3.98204315614532 3.30049153699928

10 10 10
2.79 1.65 5.09
3.584229390681 6.06060606060606 1.96463654223969

1043682073 848823705 706265864

260382527 288698972 185032159
4.00826462906246 2.94016878245067 3.81698980229702

1278678610 1038637296 866618994

-9201056 -11981401 52637990
-138.970853997628 -86.6874663488852 16.4637554359503

-9201056 -11981401 52637990

1278678610 1038637296 866618994

58674183 39067739 45932040
21.792866037862 26.5855491662827 18.8674179069774

58674183 39067739 45932040

1278678610 1038637296 866618994
16.7486001779603 13.7292631315254 19.3455194451923

458065977 460541469 315815834

269841888 260830246 262572706
169.753473189455 176.567509352424 120.277480021096

50478690 56976231 62,790,586

269841888 260830246 262572706
18.7067657931596 21.8441809850534 23.9135997631071
Industry average
2009 2008 2007

1.043 1.156 0.985

0.62 0.677 0.6

4.2 3.5 5

14.4 16.4 15.04

5.06 4.08 5.54

1.32 1.42 1.41

68.54 60.85 50.42

1.5 1.9 1.7

0.09 0.08 0.09

0.12 0.12 0.13

2.6 6.5 1.9

9.74 9.28 9.9

0.27 0.27 0.28

16.3 15.9 16.5

93.8 94 92.5

3.05 3.6 3.2

10.2 10.9 9.5

4.5 4 3.03

3.05 4.5 2.5

4.9 3.02 3.5

22.3 23.6 22

16.3 15 16.9

125 129 117

18.7 19 21.03