Annual results 2010

Financial highlights

•  Revenue $3,74 billion (2009: $4,19 billion)
• EBITDA $109 million (2009: $126 million)
• Underlying* earnings per share 30,3 US cents (2009: 33.1 US cents)
• Second half underlying* earnings per share up 77%
• Net cash $186 million (2009: $36 million)
• Capital distribution per share 12 US cents (2009: 12 US cents)

*Excluding goodwill and intangibles impairment, amortisation of acquired intangible assets, profit or loss on sale of assets
and businesses, fair value movements on acquisition related financial instruments and unrealised foreign exchange movements

Operational highlights

• Strong recovery in second half of financial year
• Group continues to benefit from international scale and business diversification
• All divisions have returned to revenue growth
• Very strong operational cash generation
• Continued geographic expansion; Logicalis establishes pan Asian footprint
• Increased predictability and reduced volatility in financial performance