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Financial Highlights
For the year ended 31 March 2015 2014
(Restated)
Change
Operating results (US$ million)
Revenue 1,879.8 1,898.9 -1.0%
Gross profit 610.5 634.3 -3.8%
Operating profit 220.1 226.6 -2.9%
Profit before taxation 221.7 228.0 -2.8%
Profit attributable to shareholders of the Company 198.1 203.8 -2.8%
Financial position (US$ million)
Cash generated from operations 250.4 257.2 -2.6%
Deposits and cash 294.2 322.9 -8.9%
Shareholders’ funds 540.8 562.4 -3.8%
Per share data (US cents)
Earnings per share – basic 78.9 81.3 -3.0%
Earnings per share – diluted 78.9 81.3 -3.0%
Dividend per share – interim and final 78.0 80.0 -2.5%
Other data (US$ million)
Capital expenditure 30.9 30.1 2.7%
R&D expenditure 56.1 58.0 -3.3%
Key ratios (%)
Gross profit margin 32.5 33.4 -0.9% pts
Operating profit margin 11.7 11.9 -0.2% pts
Net profit margin* 10.5 10.7 -0.2% pts
EBITDA/Revenue 13.4 13.6 -0.2% pts
Return on shareholders’ funds 36.6 36.2 0.4% pts
* Net profit margin is calculated as profit attributable to shareholders of the Company as a percentage of revenue
Prot Attributable to Shareholders
of the Company and Net Prot
Margin in Last 5 Years
US$ million
*Restated
Prot attributable to shareholder
s
of the Company (US$ million)
Net prot margin (%)
250
200
150
100
50
011 12 13 14 15
202.0 191.9 201.5 203.8* 198.1
20
16
12
8
4
0
%
11.8
10.8 10.8 10.7 10.5
Gross Prot and Gross Prot Margin
in Last 5 Years
US$ million
Gross prot (US$ million)
Gross prot margin (%)
700
600
500
400
300
200
100
011 12 13 14 15
566.9 570.8
597.8
634.3 610.5
70
60
50
40
30
20
10
0
%
33.1 32.0 32.2 33.4 32.5
Group Revenue in Last 5 Years
US$ million
2,100
1,800
1,500
1,200
900
600
300
011 12 13 14 15
1,712.8 1,784.5 1,858.0 1,898.9 1,879.8
1VTech Holdings Limited Annual Report 2015