| Mar'18 | Mar'17 | Mar'16 | Mar'15 | Mar'14 | Mar'13 | Mar'12 | Mar'11 | Mar'10 |
|---|---|---|---|---|---|---|---|---|
Assets | ||||||||
Current assets: | ||||||||
Cash and cash equivalents | ||||||||
281,600 | 78,900 | 107,100 | 67,000 | 167,500 | 153,700 | 265,400 | 18,600 | 19,200 |
Restricted cash and cash equivalents | ||||||||
5,000 | 5,000 | 5,000 | 5,000 | 3,200 | 2,500 | 140,400 | 800 | 600 |
Restricted cash and cash equivalents - Asbestos | ||||||||
26,600 | 108,900 | 17,000 | 22,000 | 60,200 | 126,400 | 59,000 | 56,100 | 44,500 |
Restricted short-term investments - Asbestos | ||||||||
38,400 | 0 | - | - | 100 | 7,100 | 6,000 | 5,800 | 13,300 |
Accounts and other receivables, net of provision for doubtful trade debts of US$1.3 million and US$0.9 million as of 31 March 2018 and 31 March 2017 | ||||||||
202,700 | 199,500 | 173,300 | 133,300 | 139,200 | 149,000 | 137,700 | 138,100 | 155,000 |
Inventories | ||||||||
255,700 | 202,900 | 193,000 | 218,000 | 186,500 | 172,100 | 179,800 | 161,500 | 149,100 |
Prepaid expenses and other current assets | ||||||||
25,400 | 28,300 | 18,100 | 24,300 | 32,000 | 19,200 | 18,800 | 31,600 | 25,600 |
Insurance receivable - Asbestos | ||||||||
5,100 | 5,700 | 16,700 | 16,700 | 28,000 | 22,200 | 19,900 | 13,700 | 16,700 |
Workers compensation - Asbestos | ||||||||
2,100 | 2,900 | 4,100 | 4,500 | 4,300 | 900 | 500 | 300 | 100 |
Deferred income taxes | ||||||||
- | - | - | 17,300 | 21,600 | 24,900 | 15,900 | 21,100 | 24,000 |
Deferred income taxes - Asbestos | ||||||||
- | - | - | 15,900 | 16,500 | 18,600 | 23,000 | 10,500 | 16,400 |
Total current assets | ||||||||
842,600 | 632,100 | 534,300 | 524,000 | 659,100 | 696,600 | 866,400 | 458,100 | 464,500 |
Restricted cash and cash equivalents | ||||||||
- | - | - | - | 1,800 | 2,500 | 3,500 | 4,500 | 4,700 |
Property, plant and equipment, net | ||||||||
992,100 | 879,000 | 867,000 | 880,100 | 702,800 | 658,900 | 674,700 | 707,700 | 710,600 |
Insurance receivable - Asbestos | ||||||||
52,800 | 58,100 | 149,000 | 161,900 | 198,100 | 209,400 | 208,600 | 188,600 | 185,100 |
Workers compensation - Asbestos | ||||||||
28,800 | 40,400 | 46,800 | 45,500 | 47,600 | 60,700 | 83,400 | 90,400 | 98,800 |
Deferred income taxes | ||||||||
29,900 | 26,900 | 25,900 | 12,900 | 11,700 | 20,600 | 11,100 | 27,300 | 3,200 |
Deferred income taxes - Asbestos | ||||||||
382,900 | 356,600 | 384,900 | 389,300 | 455,200 | 434,100 | 421,500 | 451,400 | 420,000 |
Deposit with Australian Taxation Office | ||||||||
- | - | - | - | - | - | - | - | 247,200 |
Other assets | ||||||||
21,900 | 19,600 | 21,500 | 30,800 | 27,700 | 30,400 | 40,800 | 32,600 | 44,700 |
Total assets | ||||||||
2,351,000 | 2,012,700 | 2,029,400 | 2,044,500 | 2,104,000 | 2,113,200 | 2,310,000 | 1,960,600 | 2,178,800 |
Liabilities and Shareholders Deficit | ||||||||
Current liabilities: | ||||||||
Accounts payable and accrued liabilities | ||||||||
193,300 | 173,500 | 127,200 | 149,600 | 142,000 | 103,700 | 92,600 | 106,400 | 100,900 |
Short-term debt - Asbestos | ||||||||
0 | 52,400 | 50,700 | 13,600 | 47,000 | - | - | - | - |
Dividends payable | ||||||||
- | - | - | - | 124,600 | - | - | - | - |
Current portion of long-term debt - Asbestos | ||||||||
- | - | - | - | - | - | 30,900 | - | 95,000 |
Accrued payroll and employee benefits | ||||||||
61,800 | 60,500 | 63,000 | 60,600 | 55,400 | 44,000 | 45,400 | 40,900 | 42,100 |
Accrued product warranties | ||||||||
7,300 | 9,400 | 12,200 | 8,900 | 7,700 | 6,600 | 7,400 | 6,100 | 6,700 |
Income taxes payable | ||||||||
3,200 | 1,900 | 4,800 | 1,800 | 5,400 | 6,000 | 81,700 | 3,900 | 34,900 |
Asbestos liability | ||||||||
114,100 | 116,400 | 125,900 | 131,600 | 134,500 | 135,000 | 125,300 | 111,100 | 106,700 |
Workers compensation - Asbestos | ||||||||
2,100 | 2,900 | 4,100 | 4,500 | 4,300 | 900 | 500 | 300 | 100 |
Other liabilities | ||||||||
12,800 | 11,800 | 11,900 | 7,300 | 20,400 | 26,700 | 19,300 | 53,800 | 27,700 |
Total current liabilities | ||||||||
394,600 | 428,800 | 399,800 | 377,900 | 541,300 | 322,900 | 403,100 | 322,500 | 414,100 |
Long-term debt | ||||||||
884,400 | 564,500 | 501,800 | 397,500 | - | - | - | 59,000 | 59,000 |
Deferred income taxes | ||||||||
66,400 | 94,800 | 82,100 | 88,900 | 93,000 | 95,400 | 100,500 | 108,100 | 113,500 |
Accrued product warranties | ||||||||
45,500 | 37,200 | 33,100 | 26,300 | 23,700 | 20,500 | 19,600 | 20,100 | 18,200 |
Income taxes payable | ||||||||
25,900 | 0 | - | - | - | - | - | - | - |
Asbestos liability | ||||||||
1,101,000 | 1,043,300 | 1,176,300 | 1,290,000 | 1,571,700 | 1,558,700 | 1,537,300 | 1,587,000 | 1,512,500 |
Workers compensation - Asbestos | ||||||||
28,800 | 40,400 | 46,800 | 45,500 | 47,600 | 60,700 | 83,400 | 90,400 | 98,800 |
Australian Taxation Office - amended assessment | ||||||||
- | - | - | - | - | - | - | 190,400 | 0 |
Other liabilities | ||||||||
25,900 | 15,900 | 14,700 | 21,000 | 25,700 | 36,800 | 39,700 | 37,600 | 80,600 |
Total liabilities | ||||||||
2,572,500 | 2,224,900 | 2,254,600 | 2,247,100 | 2,303,000 | 2,095,000 | 2,183,600 | 2,415,100 | 2,296,700 |
Commitments and contingencies (Note 13) | ||||||||
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - |
Shareholders deficit: | ||||||||
Common stock, Euro 0.59 par value, 2.0 billion shares authorized; 441,524,118 shares issued and outstanding at 31 March 2018 and 440,843,275 shares issued and outstanding at 31 March 2017 | ||||||||
229,500 | 229,100 | 231,400 | 231,200 | 230,600 | 227,300 | 224,000 | 222,500 | 221,100 |
Additional paid-in capital | ||||||||
185,600 | 173,800 | 164,400 | 153,200 | 139,700 | 101,100 | 67,600 | 52,500 | 39,500 |
Accumulated deficit | ||||||||
-635,300 | -612,900 | -621,800 | -586,600 | -602,400 | -357,600 | -214,600 | -784,700 | -437,700 |
Accumulated other comprehensive loss | ||||||||
-1,300 | -2,200 | 800 | -400 | 33,100 | 47,400 | 49,400 | 55,200 | 59,200 |
Total shareholders deficit | ||||||||
-221,500 | -212,200 | -225,200 | -202,600 | -199,000 | 18,200 | 126,400 | -454,500 | -117,900 |
Total liabilities and shareholders deficit | ||||||||
2,351,000 | 2,012,700 | 2,029,400 | 2,044,500 | 2,104,000 | 2,113,200 | 2,310,000 | 1,960,600 | 2,178,800 |