Vtech 2007 Annual Report Download - page 3

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VTech Holdings Ltd
Annual Report 2007 1
• Record revenue and profi t
• Group revenue increased by 21.5%
to US$1,463.8 million
• Profi t attributable to shareholders rose
by 42.0% to US$182.9 million
• Net profi t margin expanded 1.8%
points to 12.5%
• Net cash, after special dividend
of US$71.7 million, rose to
US$246.5 million
• Final dividend of US41.0 cents per
share, total dividend per share for
the year (includes special dividend
of US30.0 cents) up 150.0%
For the year ended 31st March 2007 2006 Change
Operating results (US$ million)
Revenue 1,463.8 1,204.6 21.5%
Gross profi t 540.0 446.7 20.9%
Operating profi t 194.0 136.2 42.4%
Profi t before taxation 201.5 140.1 43.8%
Profi t attributable to shareholders 182.9 128.8 42.0%
Financial position (US$ million)
Cash generated from operations 196.9 182.9 7.7%
Net cash 246.5 242.4 1.7%
Shareholders’ funds 343.3 306.2 12.1%
Per share data (US cents)
Earnings per share – basic 76.6 54.9 39.5%
Earnings per share – diluted 75.1 54.3 38.3%
Dividend per share
– Interim and fi nal 50.0 32.0 56.3%
– Special 30.0 Nil N/A
Other data (US$ million)
Capital expenditure 37.2 32.1 15.9%
R&D expenditure 45.2 40.3 12.2%
Key ratios (%)
Gross profi t margin 36.9 37.1 -0.2% pts
Operating profi t margin 13.3 11.3 2.0% pts
Net profi t margin 12.5 10.7 1.8% pts
EBITDA/Revenue 14.9 12.9 2.0% pts
Return on shareholders’ funds 53.3 42.1 11.2% pts
EARNINGS PER SHARE
IN LAST 5 YEARS
GROUP REVENUE
IN LAST 5 YEARS
(2007 vs 2006) (2007 vs 2006) (2007 vs 2006)
DIVIDENDS PER SHARE
IN LAST 5 YEARS
39.5%150.0%21.5%
US cents
US cents
US$ million
80
60
50
30
40
10
20
0
70
03
18.1
04
20.5
05
25.2
06
54.9
07
76.6
0
20
40
60
80
03 04 05 06 07
3.5
10.0 13.0
32.0
80.0
0
300
600
900
1,200
1,500
03 04 05 06 07
866.5 915.2
1,022.0
1,204.6
1,463.8
Financial Highlights
02VtechFinancialHighlights(E)11 2007/7/511:43:42PM