ADT 2005 Annual Report Download - page 2
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SENIOR MANAgEMENT TEAM
BOARD OF DIRECTO R S
REgISTERED & PRINCIPAL EXECUTIVE OFFICE
INDEPENDENT AUDITORS
ShAREhOLDER SERVICES STOCk EXChANgES
TyCO ON ThE INTERNET
TRADEMARkS
CORPORATE DATA
NON-gAAP MEASURES
FREE CASh FLOw RECONCILIATION
ORgANIC gROw Th RECONCILIATI O N
CAUTION CONCERNINg FORwARD-LOOkINg STATEMENTS NET DEBT RECONCILIATION
FORM 10-k AND SEC AND NySE CERTIFICATI O N S
Design: VSA Partners, New York Photos: Chris Buck, Michael Hemberger, Corbis, Getty Images, Veer Inc. Printing: ADP Graphic Communications Printed on 30% post-consumer recycled paper.
SELECTED FINANCIAL DATA
(in US$ Millions Except per Share Data) 2003 2004 2005
Net Revenue $34,256 $38,411 $39,727
Income from
Continuing Operations 882 2,948 3,199
Net Income 980 2,879 3,032
Diluted Earnings per Share
from Continuing Operations 0.44 1.38 1.51
Diluted Earnings per Share 0.49 1.35 1.43
Total Assets 62,997 63,667 62,621
Total Liabilities 36,515 33,307 30,110
Shareholders’ Equity 26,369 30,292 32,450
DEBT & CASH
(In US$ Billions)
Cash & Cash Equivalents
Total Debt
$4.2
$20.8
$4.5
$16.6
$3.2
$12.6
2003
2004
2005
NET REVENUE
BY SEGMENT
(In US$ Billions)
Electronics
Fire & Security
Healthcare
Engineered Products & Services
Total = $39.7 billion
$9.5
$11.5
$6.5
$12.2
BILLION OF TOTAL NET REVENUE IN 2005
TOTAL NET REVENUE
(In US$ Billions)
$34.3
$38.4 $39.7
2003
2004
2005
2003
2004
2005
OPERATING MARGIN
13.6%
8.4%
14.6%
MILLION OF R&D INVESTMENT IN 2005
2005 Financial Highlights
OUR PRIORITIES
Organic Growth: Focus on growing Tyco’s businesses
while creating shareholder value.
Operational Excellence: Implement initiatives to
achieve best-in-class operating practices and leverage
company-wide opportunities.
Financial Strength & Flexibility: Consistently achieve
outstanding performance in revenues, earnings, cash
fl ow, and all other key fi nancial metrics.
Building Teams & Corporate Culture: Attract and
retain employees who demonstrate the highest
standards of excellence, integrity, and accountability.