Apple Inc. Balance Sheet Extracts and Some Ratios

PERIOD ENDING	Sep-11	Sep-10	Sep-09	Sep-08
All numbers in thousands
Inventories	776,000	1,051,000	455,000	509,000
Receivables	11,717,000	9,924,000	5,057,000	4,704,000
Total Current Assets	44,988,000	41,678,000	31,555,000	34,690,000
Total Assets	116,371,000	75,183,000	47,501,000	39,572,000
Total Current Liabilities	27,970,000	20,722,000	11,506,000	14,092,000
Total Non-Current Liabilities	11,786,000	6,670,000	4,355,000	4,450,000
Total Liabilities	39,756,000	27,392,000	15,861,000	18,542,000
Total Equity	76,615,000	47,791,000	31,640,000	21,030,000
Total Revenues	108,249,000	65,225,000	42,905,000	32,479,000
Cost of Sales	62,617,000	38,514,000	24,949,000	20,861,000
Total Net Income	25,922,000	14,013,000	8,235,000	4,834,000
Revenue on Assets	0.93	0.87	0.90	0.82
Asset Turnover	1.08	1.15	1.11	1.22
Return on Assets	0.22	0.19	0.17	0.12
Return on Equity	0.34	0.29	0.26	0.23
Receivables Turnover	9.24	6.57	8.48	6.90
Inventory Turnover	80.69	36.65	54.83	40.98
Current Ratio	1.61	2.01	2.74	2.46
Quick Ratio	1.58	1.96	2.70	2.43
Financial Leverage	1.52	1.57	1.50	1.88