comparative financial information

The additional information in this section is for the information of shareholders. The information is based on, but does not form part of, the 2008 Financial Report.

Caltex Australia Limited consolidated results	2008	2007	2006	2005	2004
Profit and loss ($ million)
Historical cost operating profit before significant items, interest and income tax expense	104	965	707	811	687
Interest income	4	7	3	4	1
Borrowing costs	(60)	(46)	(49)	(27)	(41)
Historical cost income tax expense before significant items	(13)	(280)	(195)	(214)(i)	(190)(i)
Historical cost operating profit after tax and before significant items	34	646	466	574	457
Significant items (net of tax)	–	–	–	21(i)	113(i)
Historical cost operating profit/(loss) after income tax	34	646	466	595	570
Dividends
Amount paid and payable ($/share)	0.36	0.80	0.80	0.46	0.39
Times covered (excl. significant items)	0.35	2.99	2.16	4.62	4.34
Dividend payout ratio – replacement cost basis(ii)	52%	49%	50%	30%	30%
Dividend franking percentage	100%	100%	100%	100%	100%
Other data
Total revenue	23,891	19,342	18,665	15,895	13,624
Earnings per share – historical cost ($m)	12.7	239.4	172.6	220.2	211.1
Earnings per share – replacement cost ($m)	68.9	164.3	159.2	153.4	129.7
Earnings before interest and tax – historical cost basis ($m) (excl. individually material tax items)	104	965	707	811	687
Earnings before interest and tax – replacement cost basis ($m)	321	675	655	583	536
Operating cash flow per share ($/share)	1.4	2.2	1.7	2.3	1.7
Interest cover – historical cost basis	1.8	24.7	15.5	34.8	17.2
Interest cover – replacement cost basis	6.7	18.3	15.4	26.0	14.4
Return on capital employed – historical cost basis (%)(iii)	1	19	16	23	27
Return on capital employed – replacement cost basis (%)(iii)	5	13	14	16	17
Equity attributable to members of the company ($m)	2,592	2,817	2,432	2,129	1,635
Total equity ($m)	2,602	2,829	2,443	2,138	1,645
Return on equity attributable to members of the parent entity after tax, excluding significant items (%)	1	23	19	27	28
Total assets ($m)	4,922	5,330	4,417	4,079	3,245
Net tangible asset backing ($/share)	9.29	10.14	8.80	7.73	5.98
Debt ($m)	864	596	595	458	461
Net debt ($m)	832	582	539	429	447
Net debt to net debt plus equity (%)	24	17	18	17	21

1. Includes a significant item of $21 million in 2005 ($113 million in 2004) relating to an income tax benefit upon entry into the tax consolidation regime.
2. Dividend payout ratio – replacement cost basis calculated as follows:
   
        Dividends paid and payable in respect of financial year     
                  Replacement cost profit after income tax
   
   
3. Return of capital employed is calculated as follows:
   
                                  Net profit after tax                                       
                                   Net debt + equity