Ratios

Dupont Analysis

Metric	Mar 2004	Mar 2005	Mar 2006	Mar 2007	Mar 2008
ROE	0.66%	2.09%	7.47%	1.42%	6.24%
PAT margin	2.11%	3.19%	2.10%	2.86%	0.28%
Asset Turnover	2.10x	0.79x	3.13x	0.24x	1.43x
Leverage	1.10x	1.29x	1.42x	1.83x	2.06x

Metric	Mar 2004	Mar 2005	Mar 2006	Mar 2007	Mar 2008
Inventory Days	12.5	35.1	6.3	0.0	3.3
Receivable Days	1.2	27.9	7.9	3.1	4.6
Payable Days	0.8	15.0	5.7	41.3	9.6
Cash Conversion Cycle	12.9	48.0	8.5	-38.2	-1.7

Metric	Mar 2004	Mar 2005	Mar 2006	Mar 2007	Mar 2008
ROE	0.66%	2.09%	7.47%	1.42%	6.24%
ROCE	0.97%	3.11%	15.23%	2.38%	7.38%
ROA	0.60%	1.61%	5.25%	0.78%	3.02%