ED INCOME STATEMENTS 20090630 20100630 3062011 3062012 76694 77567 81104 83680

Ed income statements 20090630 20100630 3062011

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ED INCOME STATEMENTS 2009/06/30 2010/06/30 30/6/2011 30/6/2012 76694 77567 81104 83680 38,690 37,919 39,859 42,391 38,004 39,648 41,245 41,289 13,247 13989 14529 15466 7,519 8795 9135 8779 1,864 1,233 2,086 2,176 22,630 24,017 25750 26421 15,374 15,631 15,495 14,868 3,733 4,017 3,299 3,468 (178) (27) -57 -130 511 355 315.78 292.22 4,066 4,345 3,557 3,630 11,309 11,286 11,937.60 11,238.12
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469 70 151 343 - - (178) (27) -57 -130 291 43 94 213 - - -409 -555 (276.0) (269.0) (84.0) - (69.2) (225.6) -409 -555 11,239.3 11,060.1 11,528.60 10,683.12 1358.0 946.0 831.0 769.0 (14.0) (12.0) 1,344.0 934.0 831.0 769.0 (510.7) (354.9) -315.78 -292.22 833.3 579.1 515.22 476.78 192.0 219.0 233.0 256.0 1,025.3 798.1 748.22 732.78 (86.0) (110.0) 2,756.0 1,790.0 229.0 1,587.0 12,884.0 11,942.0 11,009.4 11,537.3
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Consolidated Statements of Cash Flows Amounts in millions; Years ended June 30 2012 2011 2010 2009 2008 Cash and cash equivalents, beginning of year 2768 2879 4781 3313 5354 Operating activities Net earnings 10904 11927 12846 13436 12075 Depreciation and amortization 3204 2838 3108 3082 3166 Share-based compensation expense 377 414 453 516 555 Deferred income taxes -65 128 36 596 1214 Gain on sale of businesses -2106 -203 -2670 -2377 -284 Goodwill and indefinite lived intangible asset impairment charges 1576 Change in accounts receivable -427 -426 -14 415 432 Change in inventories 77 -501 86 721 -1050 Change in accounts payable, accrued and other liabilities -22 358 2446 -742 297 Change in other operating assets and liabilities -444 -1221 -356 -758 -1270 Other 210 16 196 30 -127 Total operating activities 13284 13330 16131 14919 15008 Investing activities Capital expenditures -3964 -3306 -3067 -3238 -3046 Proceeds from asset sales 2893 225 3068 1087 928 Acquisitions, net of cash acquired -134 -474 -425 -368 -381 Change in investments 112 73 -173 166 (50 Total investing activities -1093 -3482 -597 -2353 -2549 Financing activities Dividends to shareholders -6139 -5767 -5458 -5044 -4655 Change in short-term debt -3412 151 -1798 -2420 2650 Additions to long-term debt 3985 1536 3830 4926 7088 Reductions of long-term debt -2549 -206 -8546 -2587 -11747 Treasury stock purchases -4024 -7039 -6004 -6370 -10047 Impact of stock options and other 1729 1203 662 681 1867
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Total financing activities -10410 -10122 -17314 -10814 -14844 Effect of exchange rate changes on cash and cash equivalents -113 163 -122 -284 344 Change in cash and cash equivalents 1668 -111 -1902 1468 -2041 Cash and cash equivalents, end of year 4436 2768 2879 4781 3313 Supplemental disclosure Cash payments for: Interest 740 806 1184 1226 1373 Income taxes 4348 2992 4175 3248 3499 Assets acquired through non-cash capital leases 24 13 20 8 13 Divestiture of coffee business in exchange for shares of P&G stock - - - 2466 -
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Method 1 C-I=OI-Dnoa Method 2 C-I=Dnfa-NFI+d OI NOA C-I NFO NFI D C-I 2008 11,999 ### 2008 33,561.3 1,075.0 (4,479.0) 2009 11,309 95491.72 3,786 2009 32,376.72 1,025.3 (4,852.0) 2,642.15 2010 11,286 88274.37 4,068 2010 27,086.37 798.1 (5,239.0) -849.43 2011 11,937.60 97041.08 3,170.89 2011 29,278.08 748.22 (5,534.0) 6,977.49 2012 11,238.12 88990.09 3,187.13 2012 25,389.09 732.78 (5,883.0) 1,261.23
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No. Ratios Definition Formula For P&G 2008 For P&G 2009 For P&G 2010 For P&G 2011 1 Dividend payout ratio 29.46% 76.63% 63.31% 31.27% 2 Total payout ratio 95.54% 216.17% 135.87% 71.05% 3 Dividends-to-Book Value Div./(BV of CSE+Div.) 6.06% 7.14% 7.89% 7.54% 4 Total Payout-to-Book Value 26.45% 27.70% 22.53% 22.76% 5 Retention ratio 1 - Dividends payout ratio 70.54% 23.37% 36.69% 68.73% 6 ROCE 22.34% 9.55% 13.32% 27.44% 7 Net investment rate 16.87% 19.21% 15.84% 15.47% 8 Growth rate of CSE 3.64% -9.15% -3.09% 10.90% 9 RNOA Return on Net Op 11.32% 12.04% 12.44% 10 Core RNOA Core Return on N 15.49% 17.01% 16.72% 11 NBC Net Borrowing Co 3.26% 3.45% 2.83% 2.74% 12 PM Operating profit OI after tax / Sales 18.78% 0.00% 14.26% 14.21% Div./Comprehensive income (Div. + Stock repurchases) / Comprehensive income (Div. + Stock repurchases) / (BV of CSE + Div. + Stock repurchases) Comprehensive income / [(CSE t + CSE t-1 )/2] Net transactions with shareholders / Beginning BV of CSE Change in CSE / Beginning CSE Operating income after tax / [(NOA t +NOA t-1 )/2] Core operating income after tax / [(NOA t +NOA t- 1 )/2] NFE after tax / [(NFO t +NFO t-1 )/2]
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13 Net Comprehensive Profit Margin 18.31% 16.80% 15.40% 13.57% 14 OLLEV Operating Liabili 36.73% 36.40% 42.17% 39.88% 15 Capitalization ratio NOA/CSE 148.32% 151.34% 144.36% 143.09% 16 FLEV Financial Liabilit 49.75% 47.86% 43.70% 41.62% 17 Short-term borrowing rate (after #NAME? #NAME? #NAME? #NAME?
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