Polar Capital Statements
PO
Polar Capital Income Statement
B
M
GBP (except Earnings per share)
Financial
Revenue
Cost of sales
Gross profit
Research and development
Selling, general and administrative
Total operating expenses
Operating income
Interest expense
Other income
Income before tax
Provision for income taxes
Net income
Diluted earnings per share
Shares outstanding after dilution
110.97
100
12.223
11
98.743
89
—
0
—
0
65.007
58.6
33.736
30.4
-0.103
-0.09
—
0
33.633
30.3
8.474
7.6
25.159
22.7
0.258
97.542
86.6
100
10.4
12
76.2
88
—
0
—
0
55.1
63.6
21.2
24.5
-0.1
-0.1
—
0
21.1
24.4
5.4
6.2
15.6
18
0.16
97.8
95.7
100
10.4
10.9
85.3
89.1
—
0
—
0
62.9
65.7
22.4
23.4
-0.2
-0.2
—
0
22.2
23.2
3.7
3.9
18.5
19.3
0.19
99.3
89.7
100
11
12.3
78.8
87.8
—
0
—
0
55.7
62.1
23
25.6
—
0
—
0
23
25.6
5.9
6.6
17.1
19.1
0.17
98
122.7
100
11.9
9.7
110.8
90.3
—
0
—
0
80.5
65.6
30.4
24.8
—
0
—
0
30.4
24.8
6.8
5.5
23.6
19.2
0.23
100.7
102.9
100
10.7
10.4
92.2
89.6
—
0
—
0
60.5
58.8
31.7
30.8
—
0
—
0
31.7
30.8
6.4
6.2
25.4
24.7
0.25
100.2
135.7
100
9.3
6.9
126.4
93.1
—
0
—
0
77.5
57.1
48.9
36
—
0
—
0
48.9
36
8
5.9
40.9
30.1
0.41
98.8
74.1
100
6.1
8.2
68.1
91.9
—
0
—
0
41
55.3
27
36.4
—
0
—
0
27
36.4
5.2
7
21.8
29.4
0.22
97.1
80.7
100
5.8
7.2
74.9
92.8
—
0
—
0
48.9
60.6
25.9
32.1
—
0
—
0
25.9
32.1
5.7
7.1
20.3
25.2
0.21
94.7
72.1
100
5.5
7.6
66.5
92.2
—
0
—
0
41.6
57.7
24.9
34.5
—
0
—
0
24.9
34.5
5
6.9
19.9
27.6
0.2
99.9
103.6
100
6.6
6.4
96.9
93.5
—
0
—
0
60.2
58.1
36.8
35.5
—
0
—
0
36.8
35.5
6.4
6.2
30.4
29.3
0.32
95.8
75
100
6
8
68.9
91.9
—
0
—
0
41.6
55.5
27.3
36.4
—
0
—
0
27.3
36.4
5.3
7.1
22
29.3
0.22
99.6
90.3
100
4.8
5.3
85.5
94.7
—
0
-4
-4.4
56
62
29.5
32.7
—
0
—
0
29.5
32.7
5.9
6.5
23.7
26.2
0.25
94.3
46.8
100
3.1
6.6
43.8
93.4
—
0
4
0
32
68.3
11.8
25.1
—
0
—
0
11.8
25.1
2.6
5.6
9.1
19.5
0.1
94.9
40.2
100
2.6
6.5
37.6
93.5
—
0
2
5
25.6
63.7
12
29.9
—
0
—
0
12
29.9
1.9
4.7
10
24.9
0.11
94.7
35.1
100
3
8.5
32.1
91.5
—
0
2.1
6
23.6
67.2
8.5
24.2
—
0
—
0
8.5
24.2
2.5
7.1
6
17.1
0.06
94.2
43.8
100
3.7
8.4
40.1
91.6
—
0
1.7
3.9
28.1
64.2
11.9
27.2
—
0
—
0
11.9
27.2
2.9
6.6
9
20.5
0.1
92.6
40.7
100
4
9.8
36.8
90.4
—
0
1.6
3.9
25
61.4
11.7
28.7
—
0
—
0
11.7
28.7
2.5
6.1
9.2
22.6
0.1
94.4
56.4
100
4.3
7.6
52.1
92.4
—
0
1.4
2.5
32.6
57.8
19.5
34.6
—
0
—
0
19.5
34.6
4.7
8.3
14.8
26.2
0.16
93.1
40.6
100
4.6
11.3
36
88.7
—
0
1.1
2.7
24.4
60.1
11.6
28.6
—
0
—
0
11.6
28.6
2.5
6.2
9.1
22.4
0.1
94.9
62
100
4
6.5
58
93.5
—
0
0.9
1.5
35.3
56.9
22.7
36.6
—
0
—
0
22.7
36.6
5.4
8.7
17.3
27.9
0.2
88.2
31.9
100
2.4
7.5
29.5
92.5
—
0
0.6
1.9
19.4
60.8
10.1
31.7
—
0
—
0
10.1
31.7
2.4
7.5
7.7
24.1
0.08
94.3
34.9
100
1.5
4.3
33.4
95.7
—
0
0.6
1.7
21.9
62.8
11.5
33
—
0
—
0
11.6
33.2
2.8
8
8.8
25.2
0.1
88.8
18.1
100
1.4
7.7
16.7
92.3
—
0
0.3
1.7
12.8
70.7
3.9
21.5
—
0
—
0
3.8
21
0.9
5
2.8
15.5
0.03
88.8
21.5
100
0.8
3.7
20.7
96.3
—
0
0.3
1.4
15
69.8
5.7
26.5
—
0
—
0
5.7
26.5
1.5
7
4.2
19.5
0.05
85.2
18.5
100
1.5
8.1
17.1
92.4
—
0
0.3
1.6
13
70.3
4
21.6
—
0
—
0
3.9
21.1
1
5.4
2.9
15.7
0.03
88.1
27.8
100
1.4
5
26.4
95
—
0
0.1
0.4
19.2
69.1
7.2
25.9
—
0
—
0
7.2
25.9
2.3
8.3
5
18
0.07
73.7
12.1
100
0.9
7.4
11.3
93.4
—
0
0.4
3.3
9.3
76.9
2
16.5
—
0
—
0
2
16.5
0.6
5
1.4
11.6
0.02
80.8
15.6
100
0.8
5.1
14.8
94.9
—
0
0.4
2.6
11.1
71.2
3.7
23.7
—
0
—
0
3.7
23.7
1.1
7.1
2.6
16.7
0.04
74.3
7.3
100
0.3
4.1
7
95.9
—
0
0.2
2.7
7.5
102.7
-0.6
-8.2
—
0
—
0
-0.6
-8.2
-0.1
-1.4
-0.4
-5.5
-0.01
71
39.3
100
0.4
1
38.9
99
—
0
-1.5
-3.8
27.8
70.7
11.1
28.2
—
0
—
0
11.1
28.2
3.1
7.9
8
20.4
0.11
72.5
12.6
100
0.4
3.2
12.2
96.8
—
0
0.5
4
11.2
88.9
1
7.9
—
0
—
0
1
7.9
0.6
4.8
0.4
3.2
0.01
75.5
33
100
0.8
2.4
32.1
97.3
—
0
0.6
1.8
22.5
68.2
9.6
29.1
0.9
2.7
—
0
10.5
31.8
3.5
10.6
7.1
21.5
0.1
74.1
14.6
100
1.1
7.5
13.5
92.5
—
0
0.6
4.1
10.4
71.2
3.1
21.2
0.8
5.5
—
0
3.9
26.7
1.4
9.6
2.6
17.8
0.04
71.4
31.5
100
1.2
3.8
30.2
95.9
—
0
0.5
1.6
22
69.8
8.2
26
0.8
2.5
—
0
9
28.6
2
6.3
7
22.2
0.12
57.8
9.8
100
1
10.2
8.9
90.8
—
0
—
0
7.9
80.6
0.9
9.2
0.3
3.1
—
0
1.2
12.2
0.5
5.1
0.7
7.1
0.01
58.9
34
100
—
0
—
0
—
0
—
0
8.9
26.2
25.1
73.8
0.3
0.9
—
0
25.4
74.7
3.5
10.3
6.7
19.7
0.11
63.4
7
100
—
0
—
0
—
0
—
0
5.5
78.6
1.4
20
0.1
1.4
—
0
1.5
21.4
0.5
7.1
1
14.3
0.02
63.4