Tabcorp Holdings Limited
These figures are reproduced from the 2008 Annual Report and should be read in conjunction with that report.
| Financial summary for year ending 30 June |
2008 |
2007 |
2006 |
2005 |
2004 |
|---|---|---|---|---|---|
| Total Revenue |
4,042.4 |
3,883.7 |
3,834.8 |
3,817.1 |
2,500.0 |
| EBITDA - pre impairment/goodwill |
1,075.2 |
947.8 |
1,059.1 |
1,046.2 |
739.0 |
| Profit before interest and tax |
174.7 |
803.3 |
851.5 |
806.6 |
570.0 |
| Profit after income tax |
(164.6) |
450.4 |
543.4 |
433.4 |
311.0 |
| Profit after income tax (pre impairment/goodwill) (1) |
543.0 |
452.6 |
611.9 |
526.6 |
370.7 |
| Dividend (2) |
493.4 |
493.5 |
467.2 |
423.4 |
330.3 |
|
|
|
|
|
| |
| Cash and deposits |
173.2 |
202.2 |
206.6 |
209.4 |
197.0 |
| Other current assets |
105.0 |
80.5 |
72.0 |
120.4 |
158.4 |
| Licences and other intangibles |
1,040.1 |
1,516.9 |
1,522.0 |
1,440.0 |
1,118.6 |
| Goodwill |
3,190.6 |
3,384.6 |
3,384.6 |
3,444.3 |
1,280.6 |
| Other non current assets |
1,612.8 |
1,542.3 |
1,486.8 |
1,558.9 |
1,591.3 |
| Total assets |
6,121.7 |
6,726.5 |
6,672.0 |
6,773.0 |
4,345.9 |
| Current interest bearing liabilities |
- |
390.0 |
390.0 |
390.0 |
742.0 |
| Other current liabilities |
560.2 |
514.9 |
506.2 |
483.9 |
307.1 |
| Non current interest bearing liabilities |
2,269.7 |
1,950.6 |
2,029.6 |
2,143.6 |
1,130.0 |
| Other non current liabilities |
521.0 |
486.8 |
383.3 |
496.9 |
190.8 |
| Total liabilities |
3,350.9 |
3,342.3 |
3,309.1 |
3,514.4 |
2,369.9 |
| Shareholders' funds |
2,770.8 |
3,384.2 |
3,362.9 |
3,258.6 |
1,975.9 |
| Capital expenditure - payments |
222.0 |
166.8 |
236.1 |
119.5 |
101.2 |
|
cents |
cents |
cents |
cents |
cents | |
| Earnings per share - pre impairment/goodwill (1) |
103.4 |
86.2 |
116.6 |
101.9 |
92.5 |
| Earnings per share - post impairment/goodwill (1) |
(31.4) |
85.8 |
103.6 |
83.9 |
77.6 |
| Dividends per share (2) |
94.0 |
94.0 |
89.0 |
81.0 |
71.0 |
| Operating cash flow per share (3) |
82.0 |
84.2 |
89.4 |
104.9 |
84.7 |
| Return on shareholders' funds - pre impairment/goodwill (1,4) |
17.0% |
13.4% |
18.1% |
15.6% |
21.5% |
| Return on shareholders' funds - post impairment/goodwill (1,4) |
(5.1%) |
13.3% |
16.1% |
12.9% |
18.1% |
| Net assets per share |
$5.28 |
$6.45 |
$6.41 |
$6.25 |
$4.67 |
|
|
|
|
|
| |
| Operating revenue (5) |
$million |
$million |
$million |
$million |
$million |
| Wagering |
1,469.9 |
1,464.1 |
1,403.3 |
1,413.2 |
446.2 |
| Gaming |
1,133.6 |
1,081.8 |
1,046.6 |
1,032.2 |
933.5 |
| Casinos |
1,357.5 |
1,291.4 |
1,330.1 |
1,274.9 |
1,065.3 |
| Unallocated/elimination |
(4.0) |
(2.3) |
(3.1) |
40.3 |
17.8 |
| Total |
3,957.0 |
3,835.0 |
3,776.9 |
3,760.6 |
2,462.8 |
EBITDA - Earnings before interest, tax, depreciation and amortisation. AIFRS used as basis for preparation for 2005 and 2006 data whilst AGAAP used for 2004 and years prior.
1 - After income tax before impairment (AIFRS) or goodwill amortisation (AGAAP).
2 - Dividends attributable to the year, but which may be payable after the end of the period. 2008 includes a special dividend declared in August 2008
3 – Net operating cash flow per the statement of cashflows does not include payments for property, plant and equipment, and intangibles, whereas these items are included in the calculation for the operating cash flow per share ratio.
4 - Tab Limited was acquired in July 2004 and 12 months results are included in Tabcorp's 2005 consolidated results. For the purposes of the 2005 calculations, shareholders' funds at the end of 2004 have been increased by $1,176 million, as if the acquisition had occurred at 30 June 2004. If this adjustment was not made, the reported return on shareholders' funds (pre goodwill) would be 18.7% and the reported return on shareholders' funds (post goodwill) would be 13.1%.
5 – Operating revenue includes both external and internal operating revenue.
