Financial Summary (All financials)
In millions, except per share items | Mar-31-04 | Mar-31-03 | Mar-31-02 |
Revenues | 12,804.5 | 12,203.9 | 10,699.9 |
Revenue growth | 4.9% | 14.1% | |
Cost of goods sold | 7,827.3 | 9,231.1 | 8,988.1 |
Gross profit | 4,977.2 | 2,972.8 | 1,711.8 |
Gross margin | 38.9% | 24.4% | 16.0% |
Selling, general and administrative | 3,771.8 | 4,013.7 | 3,748.6 |
Research and development | -252.2 | -391.3 | -529.0 |
EBIT | 2,577.2 | 452.6 | -408.2 |
EBIT margin | 20.1% | 3.7% | -3.8% |
Pre-tax income | 675.8 | 42.4 | -609.2 |
Income taxes | 0.0 | 0.0 | 0.0 |
Tax rate | 0.0% | 0.0% | 0.0% |
Net income | 0.0 | 0.0 | 0.0 |
Net margin | 0.0% | 0.0% | 0.0% |
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EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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