ADT 2010 Annual Report Download - page 121

Item 6. Selected Financial Data
The following table sets forth selected consolidated financial data of Tyco. This data is derived
from Tyco’s Consolidated Financial Statements for the years ended September 24, 2010, September 25,
2009, September 26, 2008, September 28, 2007 and September 29, 2006, respectively. Tyco has a 52 or
53-week fiscal year that ends on the last Friday in September. Fiscal years 2010, 2009, 2008, 2007 and
2006 were all 52-week years. Fiscal 2011 will be a 53-week year which will end on September 30, 2011.
During the third quarter of fiscal 2010, we entered into an agreement to sell our European water
business. The business met the held for sale and discontinued operations criteria and therefore has
been included in discontinued operations in all periods presented below. In the third quarter of fiscal
2007, we completed the spin-offs of Covidien and Tyco Electronics, formerly our Healthcare and
Electronics businesses, respectively. These businesses are classified as discontinued operations in fiscal
2007 and 2006. Net income (loss) attributable to Tyco common shareholders for 2007 and 2006 includes
income (loss) from discontinued operations of $814 million and $2.8 billion, respectively, primarily
related to the Healthcare and Electronics businesses. This selected financial data should be read in
conjunction with Tyco’s Consolidated Financial Statements and related Notes included elsewhere in this
Annual Report as well as the section of this Annual Report titled Item 7. Management’s Discussion
and Analysis of Financial Condition and Results of Operations.
2010 2009(1) 2008 2007(2) 2006
Consolidated Statements of Operations Data:
Net revenue ............................ $17,016 $16,882 $19,733 $18,055 $16,699
Income (loss) from continuing operations
attributable to Tyco common shareholders ..... 1,125 (1,845) 1,062 (2,556) 775
Net income (loss) attributable to Tyco common
shareholders .......................... 1,132 (1,798) 1,553 (1,742) 3,590
Basic earnings per share attributable to Tyco
common shareholders:
Income (loss) from continuing operations ....... 2.32 (3.90) 2.19 (5.16) 1.54
Net income (loss) ........................ 2.33 (3.80) 3.21 (3.52) 7.14
Diluted earnings per share attributable to Tyco
common shareholders:
Income (loss) from continuing operations ....... 2.31 (3.90) 2.18 (5.16) 1.51
Net income (loss) ........................ 2.32 (3.80) 3.19 (3.52) 6.95
Cash dividends per share .................... 0.86 0.84 0.65 1.60 1.60
Consolidated Balance Sheet Data (End of Year):
Total assets ............................. $27,128 $25,553 $28,804 $32,815 $63,011
Long-term debt .......................... 3,652 4,029 3,709 4,080 8,856
Total Tyco shareholders’ equity ............... 14,084 12,941 15,494 15,624 35,387
(1) Loss from continuing operations attributable to Tyco common shareholders for the year ended September 25, 2009 includes
goodwill and intangible asset impairment charges of $2.7 billion, which was recorded during the quarter ended March 27,
2009.
(2) Loss from continuing operations attributable to Tyco common shareholders for the year ended September 28, 2007 includes
a class action settlement charge, net of $2.9 billion.
2010 Financials 33