5 Year Financial History

5 Year Financial History

ALUMINA LIMITED AND CONTROLLED ENTITIES

 

201020091 2008 2007 2006
as at 31 December $USmillions$USmillions $millions $millions $millions
Revenue from continuing operations 1.4 4.4 3.5 2.6 1.4
Other income 2.1 11.5 0.4 0.2 -
Share of net profits of associates accounted for using the equity method 84.5 1.6 242.6 494.6 546.6
Finance cost (38.7) (31.0) (48.8) (45.7) (25.1)
Change in fair value of derviatives - - (7.9) - -
General and administrative expenses (14.7) (10.5) (19.2) (13.8) (10.7)
Income tax credit/(expenses) - 0.3 (2.6) (1.5) (1.1)
Net profit attributable to members of Alumina Limited 34.6 (23.7) 168.0 436.4 511.1
Non-operating non-cash items2 2.1 24.0 33.6 (30.8) 58.3
Underlying earnings2 36.7 0.3 201.6 405.6 569.4
Total assets 3,542.5 3,504.2 3,898.6 2,688.6 2,357.6
Total liabilities 471.0 585.9 1,105.8 1,024.7 603
Net assets 3,071.5 2,918.3 2,792.8 1,663.7 1,754.6
Shareholders' funds 3,071.5 2,918.3 2,792.8 1,663.9 1,754.6
Dividends provided for or paid 91.6 - 273.8 275.6 233.2
Dividends received from AWAC 234.4 135.6 356.0 444.9 521.1
Statistics
Dividends declared per ordinary share US 6c US 1.8c 12c 24c 22c
Dividend payout ratio (Cash dividends) 271% - 146% 63% 46%
Earnings per ordinary share 1.4c (1.1c) 12.9c 35.7c 43.8c
Return on equity3 1.2% Negative 0.9% 8.5% 25.5% 31.1%
Gearing (net debt to equity) 10% 8.7% 27% 36% 20%
Net tangible assets backing per share $1.15 $1.09 $1.71 $1.21 $1.25

 

1Alumina Limited's functional and presentation currency is now US dollars. 2009 results have been restated to present them in US dollars. Prior years are disclosed in Australian dollars.

2Underlying earnings has been calculated by adjusting reported net profit amounts relating to non-cash entries which do not reflect the operations of the Company.  These non-cash entries related to mark-to market valuations of AWAC embedded derivatives, and adjustments resulting from actuarial assessment of market value of assets held in AWAC employee benefit plans.

3Based on net profit attributable to members of Alumina Limited.