Years ending						2007	2007	2007	2007	2008	2008	2008	2008	2009	2009	2009	2009	2004	2005	2006	2007	2008	2009	2010	2011
Dec						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	Year	Year	Year	Year
PERFORMANCE REVIEW						(Annualized where appropriate)
As % total sales:
-Gross margin						47.8	49.2	51.2	53.1	52.4	52.4	52.4	52.3	52.2	52.0	51.9	51.8	41.6	31.6	44.3	50.7	52.4	52.0	51.0	51.0
-Income from operations						0.3	4.2	8.4	13.2	11.2	11.2	11.3	10.9	10.4	11.0	10.5	10.9	(5.5)	(26.8)	(7.2)	7.4	11.1	10.7	9.9	11.7
-Net income before taxes						(0.1)	4.7	8.3	12.8	10.8	10.9	12.9	10.6	10.2	10.6	10.2	10.7	(7.0)	(25.8)	(6.9)	7.3	11.3	10.5	9.6	11.4
-Research & development						5.6	5.5	5.3	5.0	4.9	5.1	5.3	5.4	5.5	5.5	5.6	5.6	8.6	6.3	5.5	5.3	5.2	5.5	na	na
-Selling/freight expenses						11.6	11.0	10.5	9.9	10.5	10.5	10.4	10.3	10.2	10.0	9.8	9.7	8.6	13.9	13.1	10.6	10.4	9.9	na	na
Projected sales as % breakeven						109	119	131	144	139	138	138	139	137	139	139	140	97	61	97	127	138	139	138	146
Headcount						262	295	330	368	388	399	409	424	438	454	467	481	-	104	219	368	424	481	497	538
Changes over previous year (%):
-Sales						-	-	-	-	80	63	48	36	32	33	33	31	-	74	121	118	54	32	20	15
-Net income before taxes						-	-	-	-	na	276	130	13	26	30	5	32	-	na	na	na	139	22	10	37
-Transfers to reserves						-	-	-	-	na	336	147	na	26	30	5	na	-	na	na	na	87	9	4	40
-Owners' equity						-	-	-	-	114	66	74	42	40	38	34	32	-	(4)	130	82	42	32	25	28
-Dividends per share						-	-	-	-	-	-	-	-	-	-	-	-	-	na	na	na	233	25	20	33
-Earnings per share						-	-	-	-	-	-	-	-	-	-	-	-	-	na	na	na	108	15	10	37
Net income before taxes/total assets (% pa)						na	12.1	23.5	38.9	28.9	28.7	36.3	25.6	25.5	30.8	25.0	27.0	na	na	na	17.6	24.5	24.0	23.3	27.1
Return on owners' equity (% pa)						(5.5)	20.0	40.3	67.7	55.9	52.5	57.2	23.7	50.3	49.2	44.8	16.1	(14.7)	(97.9)	(25.3)	29.3	45.4	39.4	34.5	36.9
Annual sales/total assets (times)						2.8	2.6	2.8	3.0	2.7	2.6	2.8	2.4	2.5	2.9	2.4	2.5	1.2	1.6	1.9	2.4	2.2	2.3	2.4	2.4
Annual sales/net fixed assets (times)						6.7	5.5	6.7	8.2	6.5	7.2	8.0	5.9	6.3	7.0	5.2	5.8	2.8	3.2	4.8	6.6	5.3	5.2	5.3	5.2
Net debt as percentage of
owners' equity						41	28	28	10	3	na	na	na	na	9	na	na	33	60	25	10	na	na	13	na
Interest cover (times)						na	12.1	20.1	43.7	84.7	220.6	357.1	na	na	64.0	91.9	436.5	na	na	na	19.9	236.2	154.2	53.3	67.7
Current asset ratio (times)						1.3	1.4	1.6	1.8	1.4	1.6	2.2	1.2	1.4	1.9	1.3	1.2	1.5	1.6	1.8	1.8	1.2	1.2	1.3	1.4
Accounts receivable (days sales)						44	44	44	44	44	44	44	44	44	44	44	44	45	52	61	55	49	48	48	48
Inventory (days sales)						31	30	29	28	29	29	29	29	29	29	29	29	95	40	43	35	32	32	32	32
Accounts payable (days costs & expenses)						28	27	27	27	27	27	27	27	27	27	27	27	31	30	37	32	30	30	30	30
Cumulative issued shares (000s)						1,200	1,350	1,350	1,350	1,350	1,350	1,350	1,350	1,350	1,350	1,350	1,350	500	800	1,200	1,350	1,350	1,350	1,350	1,350
Net assets per share ($)						2.01	2.66	2.96	3.29	3.83	4.41	5.14	4.68	5.35	6.10	6.87	6.19	2.21	1.33	2.04	3.29	4.68	6.19	7.76	9.96
Earnings per share ($)						-	-	-	-	-	-	-	-	-	-	-	-	(0.32)	(1.60)	(0.62)	1.02	2.13	2.44	2.68	3.68
Dividend per share ($)						-	-	-	-	-	-	-	-	-	-	-	-				0.22	0.74	0.93	1.11	1.48
Dividend cover (times)						-	-	-	-	-	-	-	-	-	-	-	-	na	na	na	4.3	2.9	2.6	2.4	2.5