Assets

Fiscal year is October-September. All values USD

2015 2016 2017 2018 2019
millions.
 Cash & Short Term Investments 41.6B 67.16B 74.18B 66.3B 100.58B
Cash Only 13.19B 12.27B 14.52B 19.66B 28.12B
Short-Term Investments 28.41B 54.89B 59.67B 46.64B 72.46B
 Total Accounts Receivable 30.34B 29.3B 35.67B 49B 45.8B
Accounts Receivables, Net 16.85B 15.75B 17.87B 23.19B 22.93B

Accounts Receivables, Gross 16.93B 15.81B 17.93B 23.19B 22.93B

Bad Debt/Doubtful Accounts (82M) (53M) (58M) - -

Other Receivables 13.49B 13.55B 17.8B 25.81B 22.88B

Inventories 2.35B 2.13B 4.86B 3.96B 4.11B
Finished Goods 2.35B 2.13B 4.86B 3.96B 4.11B
Work in Progress - - - - -
Raw Materials - - - - -
Progress Payments & Other - - - - -
Other Current Assets 15.09B 8.28B 13.94B 12.09B 12.33B

Miscellaneous Current Assets 15.09B 8.28B 13.94B 12.09B 12.33B

Total Current Assets 89.38B 106.87B 128.65B 131.34B 162.82B

2015 2016 2017 2018 2019
Net Property, Plant & Equipment 22.47B 27.01B 33.78B 41.3B 37.38B

Property, Plant & Equipment - Gross 49.26B 61.25B 75.08B 90.4B 95.96B

Buildings 6.96B 10.19B 13.59B 16.22B 17.09B

Land & Improvements - - - - -
Computer Software and Equipment - - - - -
Other Property, Plant & Equipment 5.26B 6.52B 7.28B 8.21B 9.08B
Accumulated Depreciation 26.79B 34.24B 41.29B 49.1B 58.58B
Total Investments and Advances 164.07B 170.43B 194.71B 170.8B 106.7B

Other Long-Term Investments 164.07B 170.43B 194.71B 170.8B 106.7B

Long-Term Note Receivable - - - - -

Intangible Assets 9.01B 8.62B 8.02B - -
Net Goodwill 5.12B 5.41B 5.72B - -
Net Other Intangibles 3.89B 3.21B 2.3B - -
Other Assets 5.56B 8.76B 10.16B 22.28B 31.62B
Tangible Other Assets 5.56B 8.76B 10.16B 22.28B 31.62B
 Total Assets 290.48B 321.69B 375.32B 365.73B 338.52B

Liabilities & Shareholders'

Equity
2015 2016 2017 2018 2019
ST Debt & Current Portion LT Debt 11B 11.61B 18.47B 20.75B 16.24B
Short Term Debt 8.5B 8.11B 11.98B 11.96B 5.98B
 Current Portion of Long Term Debt 2.5B 3.5B 6.5B 8.78B 10.26B

 Accounts Payable 35.49B 37.29B 49.05B 55.89B 46.24B

Income Tax Payable - - - - -
Other Current Liabilities 34.12B 30.11B 33.29B 40.23B 43.24B
Dividends Payable - - - - -
Accrued Payroll - - - - -

Miscellaneous Current Liabilities 34.12B 30.11B 33.29B 40.23B 43.24B

 Total Current Liabilities 80.61B 79.01B 100.81B 116.87B 105.72B

Long-Term Debt 53.46B 75.43B 97.21B 93.74B 91.81B

Long-Term Debt excl. Capitalized Leases 53.46B 75.43B 97.21B 93.74B 91.81B

Non-Convertible Debt 53.46B 75.43B 97.21B 93.74B 91.81B

Convertible Debt - - - - -

Capitalized Lease Obligations - - - - -

Provision for Risks & Charges - - - 33.59B 29.55B

Deferred Taxes 32.26B 34.72B 39.91B 11.52B 16.92B
Deferred Taxes - Credit 32.26B 34.72B 39.91B 11.52B 16.92B
Deferred Taxes - Debit - - - - -
Other Liabilities 4.79B 4.29B 3.34B 2.87B 4.04B

Other Liabilities (excl. Deferred Income) 1.17B 1.36B 504M 71M 4.04B

Deferred Income 3.62B 2.93B 2.84B 2.8B -

 Total Liabilities 171.12B 193.44B 241.27B 258.58B 248.03B
Non-Equity Reserves - - - - -
Preferred Stock (Carrying Value) - - - - -

Redeemable Preferred Stock - - - - -

Non-Redeemable Preferred Stock - - - - -

 Common Equity (Total) 119.36B 128.25B 134.05B 107.15B 90.49B

Common Stock Par/Carry Value 27.42B 31.25B 35.87B 40.2B 45.17B

Retained Earnings 92.28B 96.36B 98.33B 70.4B 45.9B

ESOP Debt Guarantee - - - - -

Cumulative Translation
(653M) (578M) (354M) (1.06B) (1.46B)
Adjustment/Unrealized For. Exch. Gain

Unrealized Gain/Loss Marketable

(464M) 1.17B 328M (3.21B) 707M
Securities
Revaluation Reserves - - - - -
Treasury Stock - - - - -
 Total Shareholders' Equity 119.36B 128.25B 134.05B 107.15B 90.49B
Accumulated Minority Interest - - - - -
Total Equity 119.36B 128.25B 134.05B 107.15B 90.49B
Liabilities & Shareholders' Equity 290.48B 321.69B 375.32B 365.73B 338.52B
Fiscal year is October-September. All values USD millions. 2015 2016 2017

 Sales/Revenue 231.28B 214.23B 228.57B

 Cost of Goods Sold (COGS) incl. D&A 142.26B 131.51B 141.7B
COGS excluding D&A 131.76B 121.71B 132.3B

Depreciation & Amortization Expense 10.5B 9.8B 9.4B

Depreciation 9.2B 8.3B 8.2B

Amortization of Intangibles 1.3B 1.5B 1.2B
 Gross Income 89.03B 82.72B 86.87B
2015 2016 2017
 SG&A Expense 22.4B 24.24B 26.84B

Research & Development 8.07B 10.05B 11.58B

Other SG&A 14.33B 14.19B 15.26B

Other Operating Expense - - -
Unusual Expense - (548M) -
EBIT after Unusual Expense - 59.03B -

Non Operating Income/Expense 3.7B (200M) 1.18B

Non-Operating Interest Income 2.92B 4B 5.2B

Equity in Affiliates (Pretax) - - -
 Interest Expense 733M 1.46B 2.32B
Gross Interest Expense 733M 1.46B 2.32B
Interest Capitalized - - -
 Pretax Income 72.52B 61.37B 64.09B
Income Tax 19.12B 15.69B 15.74B

Income Tax - Current Domestic 13B 8.64B 8.1B

Income Tax - Current Foreign 4.74B 2.11B 1.67B

Income Tax - Deferred Domestic 3.19B 4.91B 5.98B

Income Tax - Deferred Foreign (1.81B) 33M (16M)

Income Tax Credits - - -

Equity in Affiliates - - -

Other After Tax Income (Expense) - - -

Consolidated Net Income 53.39B 45.69B 48.35B

Minority Interest Expense - - -
 Net Income 53.39B 45.69B 48.35B
Extraordinaries & Discontinued Operations - - -

Extra Items & Gain/Loss Sale Of

- - -
Assets

Cumulative Effect -
- - -
Accounting Chg

Discontinued Operations - - -

Net Income After Extraordinaries 53.39B 45.69B 48.35B

Preferred Dividends - - -

Net Income Available to Common 53.39B 45.69B 48.35B

 EPS (Basic) 9.28 8.35 9.27

Basic Shares Outstanding 5.75B 5.47B 5.22B
 EPS (Diluted) 9.22 8.31 9.21
Diluted Shares Outstanding 5.79B 5.5B 5.25B
 EBITDA 77.13B 68.28B 69.43B
2018 2019

265.81B 259.97B
163.83B 162.26B
154.53B 150.96B

9.3B 11.3B

9.3B 11.3B
- -
101.98B 97.7B
2018 2019
30.94B 34.46B

14.24B 16.22B

16.71B 18.25B
- -
- -
- -

(585M) 1.11B

5.69B 4.96B
- -
3.24B 3.58B
3.24B 3.58B
- -
72.9B 65.74B
13.37B 10.48B

41.98B 6.86B

3.99B 3.96B

(33.77B) (3.01B)

1.18B 2.67B

- -
- -

- -

59.53B 55.26B
- -
59.53B 55.26B
- -

- -

- -

- -

59.53B 55.26B
 - -

59.53B 55.26B

12.01 11.97
4.96B 4.62B
11.91 11.89
5B 4.65B
80.34B 74.54B
Operating Activities
Fiscal year is October-September. All values USD
2015 2016 2017 2018 2019
millions.
 Net Income before Extraordinaries 53.39B 45.69B 48.35B 59.53B 55.26B
Depreciation, Depletion & Amortization 11.26B 10.51B 10.16B 10.9B 12.55B
Depreciation and Depletion - - - 10.9B 12.55B
Amortization of Intangible Assets - - - - -
Deferred Taxes & Investment Tax Credit 1.38B 4.94B 5.97B (32.59B) (340M)
Deferred Taxes 1.38B 4.94B 5.97B (32.59B) (340M)
Investment Tax Credit - - - - -
Other Funds 3.59B 4.21B 4.67B 4.9B 5.42B
Funds from Operations 69.62B 65.34B 69.15B 42.74B 72.88B
Extraordinaries - - - - -
Changes in Working Capital 11.65B 484M (5.55B) 34.69B (3.49B)
Receivables (3.12B) 1.04B (6.35B) (13.33B) 3.18B
Accounts Payable 5.4B 1.79B 9.62B 9.18B (1.92B)
Other Assets/Liabilities 9.61B (2.57B) (6.1B) 38.02B (4.45B)
 Net Operating Cash Flow 81.27B 65.82B 63.6B 77.43B 69.39B

Investing Activities
2015 2016 2017 2018 2019
 Capital Expenditures (11.49B) (13.55B) (12.8B) (13.31B) (10.5B)
Capital Expenditures (Fixed Assets) (11.25B) (12.73B) (12.45B) (13.31B) (10.5B)
Capital Expenditures (Other Assets) (241M) (814M) (344M) - -
Net Assets from Acquisitions (343M) (297M) (329M) (721M) (624M)
Sale of Fixed Assets & Businesses - - - - -
Purchase/Sale of Investments (44.42B) (30.63B) (33.15B) 30.85B 58.09B
Purchase of Investments (166.4B) (142.43B) (159.49B) (73.23B) (40.63B)
Sale/Maturity of Investments 121.99B 111.79B 126.34B 104.07B 98.72B
Other Uses (26M) (1.5B) (395M) (745M) (1.08B)
Other Sources - - 220M - -
 Net Investing Cash Flow (56.27B) (45.98B) (46.45B) 16.07B 45.9B

Financing Activities
2015 2016 2017 2018 2019
Cash Dividends Paid - Total (11.56B) (12.15B) (12.77B) (13.71B) (14.12B)
Common Dividends (11.56B) (12.15B) (12.77B) (13.71B) (14.12B)
Preferred Dividends - - - - -
Change in Capital Stock (34.71B) (29.23B) (32.35B) (72.07B) (66.12B)

Repurchase of Common & Preferred Stk. (35.25B) (29.72B) (32.9B) (72.74B) (66.9B)

Sale of Common & Preferred Stock 543M 495M 555M 669M 781M
Proceeds from Stock Options 543M 495M 555M 669M 781M
Other Proceeds from Sale of Stock - - - - -
Issuance/Reduction of Debt, Net 29.31B 22.06B 29.01B 432M (7.82B)
 Change in Current Debt 2.19B (397M) 3.85B (37M) (5.98B)
Change in Long-Term Debt 27.11B 22.45B 25.16B 469M (1.84B)
Issuance of Long-Term Debt 27.11B 24.95B 28.66B 6.97B 6.96B
Reduction in Long-Term Debt - (2.5B) (3.5B) (6.5B) (8.81B)
Other Funds (750M) (1.16B) (1.25B) (2.53B) (2.92B)
Other Uses (1.5B) (1.57B) (1.87B) (2.53B) (2.92B)
Other Sources 749M 407M 627M - -
 Net Financing Cash Flow (17.72B) (20.48B) (17.35B) (87.88B) (90.98B)
Exchange Rate Effect - - - - -
Miscellaneous Funds - - - - -
Net Change in Cash 7.28B (636M) (195M) 5.62B 24.31B
 Free Cash Flow 70.02B 53.09B 51.15B 64.12B 58.9B