Investor Presentaiton
Notes
(#) Constant currency removes the impact of exchange
rate movements to facilitate comparability of operational
performance for the Group. This is done in three parts: a)
by converting the current year net profit of entities in the
group that have reporting currencies other than US
Dollars, at the rates that were applicable to the prior
comparable period (translation currency effect); b) by
restating material transactions booked by the group that
are impacted by exchange rate movements at the rate
that would have applied to the transaction if it had
occurred in the prior comparable period (transaction
currency effect); and c) by adjusting for current year
foreign currency gains and losses. The sum of translation
currency effect, transaction currency effect and foreign
currency gains and losses is the amount by which
reported net profit is adjusted to calculate the operational
result.
General Disclaimer Non-IFRS
There are references to IFRS (International Financial
Reporting Standards) and non-IFRS financial information
in this document. Non-IFRS financial measures are
financial measures other than those defined or specified
under any relevant accounting standard and may not be
directly comparable with other companies' information.
Non-IFRS financial measures are used to enhance the
comparability of information between reporting periods,
and enable further insight and a different perspective
into the financial performance. Non-IFRS financial
information should be considered in addition to, and is
not intended to be a substitute for, IFRS financial
information and measures. Non-IFRS financial measures
are not subject to audit or review.
Summary NPAT attributable to members
of parent entity
Reported net profit after tax
Currency effect
Constant currency net profit after tax*
$1,901m
$41m
$1,942m
Average exchange rates for major currencies for half year
ended 31 December 2023/31 December 2022 include:
USD/EUR (0.92/0.99), USD/AUD (1.53/1.49), USD/CHF
(0.89/0.97), USD/CNY (7.24/6.97) and USD/GBP (0.80/0.85).
Summary NPATA' attributable to
members of the parent entity
Reported net profit after tax
US$m
1,901
Amortisation of acquired intellectual property
102
Unwind of inventory fair value uplift
21
Summary Revenue
Acquisition and integration costs
19
Reported revenue
$8,053m
Currency effect
($99m)
Constant currency revenue*
$7,954m
Income tax credit on above adjustments
(26)
NPATA attributable to members of the parent
entity
2,017
Currency effect attributable to members
of the parent entity
*Constant currency net profit after tax and
constant currency sales have not been audited or
reviewed in accordance with Australian Auditing
Standards.
39
Constant Currency # NPATA¹attributable to
members of the parent entity
2,056
1. NPATA is defined as the statutory net profit after tax before impairment and amortisation of acquired intellectual property, business acquisition and integration costs and unwind of the inventory fair value uplift
21 Driven by Our Promise
CSLView entire presentation