Corporate Performance Basic Summary Comparison [Updates]

Although 2011 reported performance updates are still in progress with more than 80% of selected company performance reflected [including reported third quarter YTD], it was important to provide the comparison in support of the societal and economic analyses themes. A few important notes to include in an effort to prevent misinterpretations of the available and accessible information comparison objectives:

• Selected company adjustment related to the 2010 and 2011 comparison include a movement of Banco Bradesco to the Latin America Innovative Technology segment of Financial Capital Profitability;
• Reflected performance correction to 15.6% for 2010 Corporacion GEO;
• Recognition of variability in reporting operating profit among industries and regions relative to EBIT and EBITDA where comparatively available impacting mostly Bank and Telecommunication companies analysis [amortization of financial performance reserve expense and historical Merger & Acquisition costs].

Also, consistent with the initial explanation basis of methods and specific comparative interpretations, non-weighted averages were calculated from equity exchange listed companies to provide a sampled reflection of performance relative to economic categorization by competitive geographic development regions.

Note the similar and improving total performance in comparing 2011 updates to 2010 with variability within the category segments and business phases not inconsistent with societal economic development activities of regional geographic industry relationships. The benefit from this analysis structure provides the performance summary relative to optimization impact explanations consistent with the Basic Summary of the Business Process guide: 

Idea Development & Resource Acquisition <==> Wealth + Equity Ownership Distributions

Resource Conversions [Product Development + Manufacturing] <==> Labor + Wages and Employment

Distribution <==> Infrastructure Development [Taxation Revenue Impact] 

Financial Capital Profitability <==> Global Development and Financial Investment