Alcoa 1997 Annual Report Download - page 52

50
11-Ye ar Su m m ar y o f Fina ncial an d Oth er Dat a
(dolla rs in m illion s, except p er-s h ar e a m ou n t s a n d in got p r ice s)
Fo r t h e yea r e nde d De ce m b er 31 1997 199 6 19 95
Operating Results Sa les a n d op e rat in g r eve nu e s $13,319.2 $13,061.0 $12,499.7
Ot h er in com e (los s) 162.5 67.4 155.2
Cost of goo d s sold a n d op erat in g ex pe n s es 10,155.8 9,966.0 9,360.1
Sellin g, gen e ra l a dm in ist r at ive a n d ot h e r ex p en s es 670.6 708.8 707.6
Re sea rch a n d develop m e nt e xp e n se s 143.2 165.5 141.3
Dep r ec iat ion a n d de plet ion 734.9 747.2 712.9
Inte rest exp en s e 140.9 133.7 119.8
Ta x e s o n in c om e 528.7 360.7 445.9
Ot h er t a xe s 130.1 126.6 126.8
Spe cia l ite m s — (in com e) exp en se (95.5) 198.9 16.2
Incom e from op erat ion s 1,073.0 721.0 1,024.3
Min or it y in te rest s (267.9) (206.1) (233.8)
Ext ra ord in a r y lo ss e s a n d accou n t in g ch a n ge s * — ——
Net in com e (loss) 805.1 514.9 790.5
Alcoa’s average r ea lize d p r ice p er p ou n d for a lu m in u m in got .75 .73 .81
Average U.S.marketpriceperpound foraluminum ingot (Metals Week) .77 .71 .86
Dividends Declared Prefer r ed st ock 2.1 2.1 2.1
Com m on st ock 168.3 232.1 160.4
Financial Position Wo rk in g c ap it a l 1,964.4 1,907.8 2,089.5
Pr op e r t ie s, p la nt s a n d e qu ip m e n t 6,666.5 7,077.5 6,929.7
Ot h er a s set s (liab ilit ie s), n et (1,314.6) (1,222.6) (1,749.6)
Tot a l a sset s 13,070.6 13,449.9 13,643.4
Lo n g-t e r m d eb t (n o n cu r r e n t) 1,457.2 1,689.8 1,215.5
Min or it y in te rest s 1,439.7 1,610.5 1,609.4
Sh a r e h old e r s’ e qu it y 4,419.4 4,462.4 4,444.7
Com mon Share Data
(dollar s p er sh a r e)
Basic ea r n ings per sh are 4.66 2.94 4.43
Diluted ea r n ings per sh are 4.62 2.91 4.39
Dividen d s declared .975 1.33 .90
Book va lu e (b as ed on yea r-e n d ou t st an d in g sh a res) 25.93 25.54 24.89
Pr ice ran ge: High 89
5
⁄
8
66
1
⁄
4
60
1
⁄
4
Low 64
1
⁄
4
49
1
⁄
8
36
7
⁄
8
Sh ar eh olde rs (n u m b er) 95,800 88,300 83,600
Avera ge sh a re s ou t st a n d in g (t h ou sa n d s) 172,226 174,334 178,018
Operating Data
(t h o u s a n d s o f m e t r ic t on s)
Alu m in a sh ip m e nt s 7,223 6,406 6,407
Alu m inu m p rodu ct sh ipm e nt s:
Pr im a r y 920 901 673
Fa br ica te d a n d fin ish ed p rodu ct s 2,036 1,940 1,909
Tot a l 2,956 2,841 2,582
Pr im a r y a lu m in u m cap ac it y:
Con solidate d 2,108 2,101 1,905
Tot a l, in clu d in g a ffiliat es’ a n d ot h e rs’ s ha re of jo in t ve nt u re s 2,652 2,642 2,428
Pr im a r y a lu m in u m p rodu ct ion :
Con solidate d 1,725 1,708 1,506
Tot a l, in clu d in g a ffiliat es’ a n d ot h e rs’ s ha re of jo in t ve nt u re s 2,254 2,240 2,037
Other Statistics Cap ita l exp end itu res $912 $996 $887
Nu m be r of em p loye es 81,600 76,800 72,000
Pret a x p r ofit on r eve nu e s (%) 11.9 8.2 11.6
Re t u r n on ave r a ge sh a r e h old e r s’ e qu it y (%) 18.1 11.6 18.5
Ret u r n on ave rage inve sted cap it a l (%) 15.5 11.0 15.9
*Reflects t he cu m u lat ive effect s of th e accou n t in g ch an ges for p ost ret irem e nt ben efit s a nd in com e t axes in 1992