Financial Results
Rio Tinto Group's revenues and earnings have grown substantially in the 2003–2010 time period, with one of the largest increase attributable to the company's 2007 acquisition of Alcan. Although operating margin is significantly impacted by the market prices of the various commodities it produces, Rio Tinto has remained profitable over its recent history and consistently generated positive cash flows from operations.
2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | |
---|---|---|---|---|---|---|---|---|---|
Gross Sales Revenue | 09,228 | 014,530 | 020,742 | 025,440 | 033,518 | 058,065 | 044,036 | 060,323 | 060,537 |
Underlying Profit Before Tax | 01,968 | 03,017 | 07,094 | 09,719 | 09,947 | 015,977 | 07,860 | 020,577 | 013,214 |
Underlying Net Earnings | 01,382 | 02,272 | 04,955 | 07,338 | 07,443 | 010,303 | 06,298 | 013,987 | 05,826 |
Cash Flow From Operations | 03,486 | 04,452 | 08,257 | 010,923 | 012,569 | 020,668 | 013,834 | 023,530 | 027,388 |
Operating Margin | 0019% | 0024% | 0037% | 0042% | 0034% | 0032% | 0017% | 0036% | 0023% |
Read more about this topic: Rio Tinto Group
Famous quotes containing the words financial and/or results:
“One of the reforms to be carried out during the incoming administration is a change in our monetary and banking laws, so as to secure greater elasticity in the forms of currency available for trade and to prevent the limitations of law from operating to increase the embarrassment of a financial panic.”
—William Howard Taft (18571930)
“Nothing is as difficult as to achieve results in this world if one is filled full of great tolerance and the milk of human kindness. The person who achieves must generally be a one-ideaed individual, concentrated entirely on that one idea, and ruthless in his aspect toward other men and other ideas.”
—Corinne Roosevelt Robinson (18611933)