Archies Key Ratios

Dupont Analysis

Metric	Mar 2004	Mar 2005	Mar 2006	Mar 2007	Mar 2008
ROE	10.92%	12.60%	13.73%	12.33%	11.01%
PAT margin	6.88%	7.50%	8.84%	8.44%	7.67%
Asset Turnover	0.84x	0.93x	0.96x	0.99x	0.96x
Leverage	1.70x	1.60x	1.62x	1.66x	1.66x

Metric	Mar 2004	Mar 2005	Mar 2006	Mar 2007	Mar 2008
Inventory Days	172.3	161.5	156.9	146.7	139.9
Receivable Days	91.0	69.5	53.0	43.2	34.9
Payable Days	139.3	92.8	95.2	89.6	81.9
Cash Conversion Cycle	123.9	138.2	114.7	100.4	92.9

Metric	Mar 2004	Mar 2005	Mar 2006	Mar 2007	Mar 2008
ROE	10.92%	12.60%	13.73%	12.33%	11.01%
ROCE	17.71%	20.28%	20.53%	17.99%	15.85%
ROA	6.41%	7.87%	8.47%	7.41%	6.64%