Years ending						05-06	05-06	05-06	05-06	06-07	06-07	06-07	06-07	07-08	07-08	07-08	07-08	04-05	05-06	06-07	07-08
Jan						1 Qtr	2 Qtr	3 Qtr	4 Qtr	1 Qtr	2 Qtr	3 Qtr	4 Qtr	1 Qtr	2 Qtr	3 Qtr	4 Qtr	Year	Year	Year	Year
PERFORMANCE REVIEW						(Annualized where appropriate)
As % total sales:
-Gross margin						37.5	34.5	33.0	33.2	33.5	33.5	34.5	34.5	35.5	35.5	36.5	36.5	22.4	34.3	34.1	36.0
-Income from operations						1.3	0.9	2.2	5.7	4.5	4.2	5.1	5.6	6.9	6.8	8.2	8.4	(20.6)	2.7	4.9	7.6
-Net income before taxes						(0.5)	(1.8)	(0.7)	9.4	5.7	13.7	6.8	13.5	8.6	8.1	20.5	9.9	(22.7)	2.0	10.2	12.0
-Selling/freight expenses						10.1	9.3	8.6	7.9	7.7	7.6	7.3	7.1	6.9	6.8	6.6	6.5	11.9	8.9	7.4	6.7
Projected sales as % breakeven						104	103	107	121	115	114	117	119	124	124	129	130	52	109	117	127
Headcount						7	8	9	9	9	10	11	12	13	14	15	17	-	9	12	17
Changes over previous year (%):
-Sales						-	-	-	-	31	32	34	30	49	47	42	38	-	65	32	43
-Net income before taxes						-	-	-	-	na	na	na	88	126	(13)	326	1	-	na	554	69
-Transfers to reserves						-	-	-	-	na	na	na	(11)	126	(56)	326	(71)	-	na	459	53
-Owner's equity						-	-	-	-	17	68	81	70	74	30	49	42	-	14	70	42
-Dividends per share						-	-	-	-	-	-	-	-	-	-	-	-	-	na	na	150
-Earnings per share						-	-	-	-	-	-	-	-	-	-	-	-	-	na	488	54
Net income before taxes/total assets (% pa)						(1.0)	(3.6)	(1.3)	18.8	10.5	23.5	12.8	26.8	17.8	17.3	44.2	22.4	(29.7)	3.5	17.3	24.2
Return on owners' equity (% pa)						(2.8)	(9.1)	(4.1)	47.5	26.1	49.7	25.9	43.5	33.9	33.3	73.9	24.7	(68.5)	8.3	31.9	37.7
Annual sales/total assets (times)						1.9	2.0	1.9	2.0	1.8	1.7	1.9	2.0	2.1	2.1	2.1	2.3	1.3	1.7	1.7	2.0
Annual sales/net fixed assets (times)						3.6	3.6	3.4	3.9	3.9	4.1	3.6	4.1	4.7	4.2	4.8	5.3	2.7	3.4	3.6	4.7
Net debt as percentage of					#REF!
owners' equity						65	74	106	79	60	18	41	35	31	49	23	21	48	79	35	21
Interest cover (times)						na	na	na	4.8	3.5	8.4	4.6	10.0	7.6	6.5	16.9	12.0	na	2.0	6.4	10.7
Current asset ratio (times)						1.3	1.2	1.2	2.0	1.5	1.9	1.6	1.7	1.8	1.5	2.0	2.0	1.1	2.0	1.7	2.0
Accounts receivable (days sales)						37	41	41	40	45	45	45	45	45	45	45	45	62	47	52	50
Inventory (days sales)						33	30	27	24	28	29	31	33	36	36	36	36	47	28	38	40
Accounts payable (days costs & expenses)						16	17	18	18	20	20	20	20	20	20	20	20	28	20	23	22
Cumulative issued shares (000s)						103	103	103	103	103	123	123	123	123	123	123	123	100	103	123	123
Net assets per share ($)						1.12	1.09	1.08	1.23	1.31	1.53	1.64	1.75	1.91	2.00	2.45	2.48	1.11	1.23	1.75	2.48
Earnings per share ($)						-	-	-	-	-	-	-	-	-	-	-	-	(0.76)	0.10	0.61	0.93
Dividend per share ($)						-	-	-	-	-	-	-	-	-	-	-	-			0.08	0.20
Dividend cover (times)						-	-	-	-	-	-	-	-	-	-	-	-	na	na	6.9	4.6