Baxter International Inc. (BAX)

$ 70.88
   
  • Change Today:
    $0.15
  • 52 Week High: $73.04
  • 52 Week Low: $49.92
  • Currency: US Dollars
  • Shares Issued: 541.95m
  • Volume: 1,853,604
  • Market Cap: $38,414m
  • RiskGrade: 85
  • Beta: 0.78

Fundamentals - based on IFRS

  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Income Statement 31-Dec-12 31-Dec-11 31-Dec-10 31-Dec-09 31-Dec-08
Continuing Operations          
Revenue 14,190.00 13,893.00 12,843.00 12,562.00 12,348.00
Operating Profit/(Loss) 2,976.00 2,863.00 1,977.00 2,832.00 2,538.00
Profit Before Tax 2,889.00 2,809.00 1,890.00 2,734.00 2,462.00
Profit After Tax 2,326.00 2,256.00 1,427.00 2,215.00 2,025.00
           
Earnings per Share - Basic 422.00¢ 391.00¢ 241.00¢ 363.00¢ 322.00¢
Earnings per Share - Adjusted 422.00¢ 391.00¢ 241.00¢ 363.00¢ 322.00¢
           
Dividend per Share 157.00¢ 126.50¢ 118.00¢ 107.00¢ 91.30¢
  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Balance Sheet 31-Dec-12 31-Dec-11 31-Dec-10 31-Dec-09 31-Dec-08
Assets          
Non-Current Assets          
Property, Plant & Equipment 6,098.00 5,525.00 5,260.00 5,159.00 4,609.00
Intangible Assets 3,316.00 3,143.00 2,515.00 2,338.00 2,044.00
Other Non-Current Assets 1,716.00 1,755.00 1,725.00 1,586.00 1,604.00
  11,130.00 10,423.00 9,500.00 9,083.00 8,257.00
Current Assets          
Inventories 2,803.00 2,628.00 2,371.00 2,557.00 2,361.00
Cash at Bank & in Hand 3,270.00 2,905.00 2,685.00 2,786.00 2,131.00
Other Current Assets 3,187.00 3,117.00 2,933.00 2,928.00 2,656.00
  9,260.00 8,650.00 7,989.00 8,271.00 7,148.00
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 20,390.00 19,073.00 17,489.00 17,354.00 15,405.00
Current Liabilities          
Borrowings 350.00 446.00 24.00 711.00 394.00
Other Current Liabilities 4,409.00 4,411.00 4,017.00 3,753.00 3,241.00
           
Current Liabilities 4,759.00 4,857.00 4,041.00 4,464.00 3,635.00
           
Net Current Assets c4,501.00 c3,793.00 c3,948.00 c3,807.00 c3,513.00
           
Borrowings 5,580.00 4,749.00 4,363.00 3,440.00 3,362.00
Other Non-Current Liabilities 3,073.00 2,639.00 2,289.00 2,030.00 2,117.00
Non-Current Liabilities 8,653.00 7,388.00 6,652.00 5,470.00 5,479.00
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 13,412.00 12,245.00 10,693.00 9,934.00 9,114.00
           
Net Assets 6,978.00 6,828.00 6,796.00 7,420.00 6,291.00
           
Shareholders Funds 6,938.00 6,585.00 6,567.00 7,191.00 6,229.00
           
Minority Interests/Other Equity 40.00 243.00 229.00 229.00 62.00
Total Equity 6,978.00 6,828.00 6,796.00 7,420.00 6,291.00
Cash Flow 31-Dec-12 31-Dec-11 31-Dec-10 31-Dec-09 31-Dec-08
Net Cash Flow From Operating Activities 3,106.00 2,817.00 3,003.00 2,909.00 2,515.00
Net Cash Flow from Investing Activities (1,569.00) (1,427.00) (1,264.00) (1,146.00) (993.00)
Net Cash Flow from Financing Activities (1,172.00) (1,170.00) (1,840.00) (1,108.00) (1,930.00)
Net Increase/Decrease In Cash 365.00 220.00 (101.00) 655.00 (408.00)
Ratios - based on IFRS 31-Dec-12 31-Dec-11 31-Dec-10 31-Dec-09 31-Dec-08
Continuing Operations          
PE Ratio - Adjusted 15.8 12.7 21.0 16.2 16.6
PEG - Adjusted 2.0 0.2 n/a 1.2 0.8
Earnings per Share Growth - Adjusted 8% 62% -34% 13% 22%
Dividend Cover 2.69 3.09 2.04 3.39 3.53
Revenue per Share 2,618.31¢ 2,563.51¢ 2,369.77¢ 2,317.92¢ 2,278.43¢
Pre-Tax Profit per Share 533.07¢ 518.31¢ 348.74¢ 504.47¢ 454.28¢
Operating Margin 20.97% 20.61% 15.39% 22.54% 20.55%
Return on Capital Employed 30.12% 31.63% 21.80% 29.61% 30.76%
           
Dividend Yield 2.4% 2.6% 2.3% 1.8% 1.7%
Dividend per Share Growth 24.11% 7.20% 10.28% 17.20% 26.81%
Operating Cash Flow per Share 573.11¢ 519.79¢ 554.11¢ 536.76¢ 464.06¢
Cash Incr/Decr per Share 67.35¢ 40.59¢ (18.64¢) 120.86¢ (75.28¢)
Net Asset Value per Share (exc. Intangibles) 675.71¢ 679.95¢ 789.92¢ 937.72¢ 783.65¢
Net Gearing 38.34% 34.78% 25.92% 18.98% 26.09%

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Forecast figures based on normalised accounts.

 

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