Income Statement, FY16–FY25

Revenue, costs and profitability, exactly as reported in each year's audited accounts. Negative figures shown in (brackets).

10 financial years

Line item	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue
Total Revenue	5.0B	5.1B	5.5B	6.1B	6.8B	8.8B	9.3B	8.2B	9.0B	9.6B
Costs and Expenses
Cost of Revenue	–	–	(918M)	(995M)	(1.1B)	(1.6B)	(1.6B)	(1.3B)	(1.5B)	(1.6B)
Gross Profit	5.0B	5.1B	4.6B	5.1B	5.7B	7.1B	7.7B	6.9B	7.5B	8.1B
Operating Expenses	(4.4B)	(4.5B)	(3.9B)	(4.4B)	(4.9B)	(5.2B)	(5.6B)	(5.9B)	(6.7B)	(7.2B)
Operating Income	665M	644M	695M	808M	812M	1.9B	2.2B	1.0B	882M	931M
Other Income/Expenses
Interest Expense	(67M)	(68M)	(78M)	(86M)	(113M)	(93M)	(80M)	(87M)	(151M)	(181M)
Profit Before Taxes	598M	576M	617M	722M	699M	1.8B	2.1B	931M	731M	751M
Income Tax	(132M)	(133M)	(132M)	(163M)	(157M)	(481M)	(562M)	(223M)	(187M)	(207M)
Net Income	451M	428M	476M	550M	528M	1.3B	1.5B	685M	511M	514M
Per Share Data
Basic EPS	1.1	1.027	1.126	1.225	1.111	2.755	3.055	1.458	1.073	1.07
Diluted EPS	1.093	1.021	1.122	1.221	1.106	2.731	3.025	1.45	1.072	1.067
Shares Outstanding (in millions)
Basic Shares	410M	417M	422M	449M	475M	477M	478M	470M	476M	480M
Diluted Shares	413M	419M	424M	450M	477M	481M	483M	472M	477M	481M

Balance Sheet, FY16–FY25

Assets, liabilities and shareholders' equity at each financial year end. Negative figures shown in (brackets).

10 financial years

Line item	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Current Assets
Cash & Cash Equivalents	290M	438M	313M	737M	1.2B	900M	780M	798M	645M	674M
Short-term Investments	–	–	–	–	–	–	–	–	–	–
Accounts Receivable	704M	717M	747M	828M	987M	1.1B	1.2B	1.0B	1.4B	1.5B
Inventories	89M	96M	107M	120M	163M	224M	216M	199M	209M	227M
Total Current Assets	1.1B	1.3B	1.2B	1.8B	2.5B	2.3B	2.3B	2.1B	2.4B	2.6B
Non-Current Assets
Property, Plant & Equipment (Net)	958M	1.1B	1.2B	1.3B	1.2B	1.3B	1.3B	1.5B	1.7B	1.8B
Investments	56M	38M	40M	88M	92M	108M	145M	176M	198M	231M
Intangible Assets	5.2B	5.4B	5.7B	6.8B	7.0B	6.7B	7.4B	7.8B	9.1B	9.8B
Goodwill	–	–	–	–	–	–	–	–	–	–
Total Non-Current Assets	6.2B	6.6B	7.0B	8.2B	9.7B	9.5B	10.2B	10.9B	12.5B	13.4B
Total Assets	7.4B	7.9B	8.2B	10.0B	12.1B	11.8B	12.6B	13.0B	14.8B	16.1B
Current Liabilities
Short-term Debt & Overdrafts	476M	821M	4M	826M	364M	229M	–	–	297M	81M
Trade Payables	494M	510M	519M	627M	984M	1.0B	1.0B	960M	1.2B	1.3B
Total Current Liabilities	1.2B	1.6B	868M	1.8B	2.1B	2.2B	2.1B	1.9B	2.3B	2.2B
Non-Current Liabilities
Long-term Debt	2.1B	2.1B	2.8B	2.2B	2.9B	1.6B	1.6B	1.7B	2.7B	3.4B
Total Non-Current Liabilities	2.4B	2.3B	3.1B	2.6B	4.4B	3.0B	3.0B	3.2B	4.4B	5.4B
Total Liabilities	3.6B	4.0B	3.9B	4.5B	6.5B	5.3B	5.1B	5.1B	6.8B	7.6B
Shareholders' Equity
Share Capital	2.8B	2.9B	3.0B	4.0B	4.0B	4.1B	3.9B	3.8B	4.1B	4.1B
Retained Earnings	872M	997M	1.1B	1.3B	1.4B	2.3B	3.4B	3.6B	3.6B	3.5B
Total Shareholders' Equity	3.7B	3.9B	4.3B	5.5B	5.7B	6.5B	7.4B	7.9B	8.1B	8.5B
Total Liabilities & Equity	7.4B	7.9B	8.2B	10.0B	12.1B	11.8B	12.6B	13.0B	14.8B	16.1B

Cash Flow, FY16–FY25

Cash generated and spent across operating, investing and financing activities. Negative figures shown in (brackets).

10 financial years

Line item	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Operating Activities
Net Income	–	–	–	–	–	–	–	–	–	–
Cash from Operating Activities	708M	736M	768M	847M	1.4B	2.0B	2.2B	1.5B	1.1B	1.3B
Investing Activities
Investments in PPE	(322M)	(337M)	(226M)	(282M)	(235M)	(274M)	(287M)	(389M)	(471M)	(336M)
Cash from Investing Activities	(786M)	(673M)	(464M)	(1.1B)	(335M)	(387M)	(989M)	(580M)	(1.8B)	(578M)
Financing Activities
Debt Repayments	(632M)	328M	(952M)	(1.2B)	(1.3B)	(1.4B)	(576M)	(290M)	(745M)	(1.8B)
Share Repurchases	–	–	–	–	–	–	(303M)	(131M)	(10M)	–
Dividends Paid	(219M)	(281M)	(240M)	(374M)	(412M)	(426M)	(471M)	(491M)	(559M)	(567M)
Cash from Financing Activities	120M	84M	(428M)	675M	(532M)	(2.0B)	(1.4B)	(873M)	581M	(690M)
Cash Position
Cash at Beginning of Period	249M	290M	438M	313M	737M	1.2B	900M	780M	798M	645M
Cash at End of Period	290M	438M	313M	737M	1.2B	900M	780M	798M	645M	674M
Free Cash Flow
Free Cash Flow (Reported)	385M	399M	542M	566M	1.1B	1.8B	1.9B	1.1B	601M	961M
Free Cash Flow (Calculated)	385M	399M	542M	566M	1.1B	1.8B	1.9B	1.1B	601M	961M

Data is general information only, not financial advice. Figures are as reported in company filings (some ASX companies report in USD); share prices are AUD.