Kernel (KER PW) reported its audited financials for 1H FY12 yesterday in a filing after market close. Revenue was USD 985.9 mln (in line with the unaudited figure reported in mid February), EBIT amounted to USD 116.4 mln (0.7% below the unaudited figure), and net income was USD 92.2 mln (1.5% above the unaudited figure).