Financial Highlights

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SELECTED FINANCIAL DATA

FINANCIAL HIGHLIGHTS - Australian $

(In millions, except per share data)
Fiscal Year Ended June 30, 2009 2008 2007 2006 2005
Revenue $76,719 $68,266 $65,766 $59,054 $53,256
Operating income** 26,734 25,163 23,720 21,844 19,510
Net income 19,127 19,977 18,094 16,802 16,402
Diluted earnings per share 2.13 2.11 1.83 1.60 1.50
Cash dividends declared per share 0.68 0.50 0.51 0.47 4.55
Cash and cash equivalents and short-term investments 38,927 24,781 27,962 46,895 49,552
Total assets 96,414 76,235 75,451 95,541 92,951
Long-term obligations 13,983 (a) 6,934 9,937 9,679 7,643
Stockholders’ equity 48,967 38,002 37,142 55,054 63,155

(a) Includes $4.64 billion of debt securities issued in May 2009. See Note 12 - Debt of the Notes to Financial Statements.

* Cash and cash equivalents and short-term investments, Total assets, Long-term obiligations and Stockholders' equity are translated using the June 30 exchange rate. All other items have been translated using the average rate for the fiscal year.

** Effective July 1, 2008, we began presenting gains and losses resulting from foreign currency remeasurements as a component of other income (expense) (i.e. outside of Operating income). Prior to July 1, 2008, we included gains and losses resulting from foreign currency remeasurements as a component of sales and marketing expense (i.e. within Operating income). Prior period amounts have been recast to conform to the current period presentation.

This Consolidated Financial Highlights table has been converted into Australian currency. This presentation is intended only to provide additional information.  These financial highlights are not a complete presentation of the Company's financial position and results of operations.  A complete set of the Company’s primary financial statements prepared in accordance with generally accepted accounting principles in the United States of America, and included in filings with the United States Securities and Exchange Commission, can be found in The Microsoft 2009 Annual Report to Shareholders (including Form 10-K) which is available on this Web site. Copies may also be obtained by writing to the Company.