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:
“... aside from the financial aspect, [there] is more: the life of my work. I feel that is all I came into the world for, and have failed dismally if it is not a success.”
—Mary E. Wilkins Freeman (18521930)
“There is not a single rule, however plausible, and however firmly grounded in epistemology, that is not violated at some time or other. It becomes evident that such violations are not accidental events, they are not results of insufficient knowledge or of inattention which might have been avoided. On the contrary, we see that they are necessary for progress.”
—Paul Feyerabend (19241994)