Alcoa 1998 Annual Report Download - page 67

65
Trademarks in this report:
AlcoaTand the Alcoa
corporate symbol are
registered trademarks of
Alcoa Inc.
Editor: Bonita Cersosimo
The Financials: Randall Killeen
Contributors: Darlene Johnson,
Emilio Ruocco, Joyce Saltzman
Design: Arnold Saks Associates
Photo page 5: Courtesy of
PPG Industries
Editorial consulting: Alan VanDine
Financial typography:
Hamilton Phototype
Printing: Graphic Arts Center
Printed in USA 9903
Form A07-15904
Q1999 Alcoa
4Pages 25-64 are printed
on recycled paper.
Index
A
Accounting policies 43
Accounting standards changes 44
Acquisitions 29, 36, 44
Alumina and chemicals segment
30, 47
Alumina production 29*
Aluminum capacity 54
Aluminum product shipments
30*, 31, 32, 54
Aluminum production 54
Annual meeting 63
Audit Committee report 38
Auditor’s report 38
B
Balance sheet 40
Board of directors 60
Book value 54
Business units 62
C
Capital expenditures 36*, 54
Capital resources 35
Cash flow 35*, 36, 37, 41
Cash from operations 35*, 41
Common stock
book value 1, 54
dividends 1, 28, 54, 63, 64*
earnings per share 1, 28, 46, 54
market value inside front cover*
quarterly market prices 64
share activity 42
shares outstanding 1, 42, 54, 64
stock options 44, 46
stock split 44
Comprehensive income 42
Cost of goods sold 32
Current ratio 1
D
Debt
long-term 35*, 36, 45
as percent of capital 1, 35*
Depreciation expense 36*, 43, 47
Derivatives 33, 43, 51
Directors 60
Dividend reinvestment 63
Dividends 1, 28, 54, 63, 64*
E
Earnings per common share 1,
28, 46, 54
Employees, number of 1, 33*,
53*, 54
Engineered products segment 31,
47
Environmental expenditures
34, 43, 52
Export sales 47
Extraordinary losses 28
F
Financial data
balance sheet 40
cash flows 41
11-year summary 54
highlights 1
income statement 39
notes 43-53
quarterly 53, 64
selected five-year 28
share activity 42
shareholders’ equity 42
Financial instruments 51
Financial summary, 11-year 54
Financing activities 35
Fixed assets 45
Flat-rolled products segment 31, 47
Foreign currency 33, 44, 51
G
Geographic area information 1*, 49
Glossary 61
H
Health care benefits 50
I
Income statement 39
Income taxes 33, 49
Intangibles 43, 46
Interest costs 32, 43, 51
Interest coverage ratio 1
Inventories 43, 45
Investing activities 36
L
Lease expense 51
Letter to shareholders 2
Liabilities
contingent 46
noncurrent 46
LIFO 43, 45
Liquidity 35
M
Management’s report 38
Market information 1*, 26*, 27*
Minority interests 46
N
NewsBriefs 5-24
O
Officers 60-61
Operating locations 56-59
Operating results 29-32
Other income 33
Other segment 32, 47
P
Pension plans 50
Postretirement benefits 50
Preferred stock 42, 46
Pretax profit on revenues 54
Price/earnings
(P/E) ratio 1
Primary metals segment 30, 47
Properties, plants and
equipment 45
Publications 63
Q
Quarterly data 53, 64
R
Realized prices for aluminum
ingot 28, 30*, 31
Research and development 32, 39
Retained earnings 42
Return on invested capital 54
Return on shareholders’ equity 1,
54, 63*
Revenues
by geographic area 1*, 49
by market 1*
by segment 29*, 30-32, 47
Risk factors 33
S
Segment information 29-32, 49
Selected financial data 28
Selling and general administrative
expenses 32, 54
Share activity 42
Shareholder information 63
dividend reinvestment 63
dividends 1, 28, 54, 63, 64*
return on equity 54, 63*
services 64
Shareholders, number of 1, 54, 64
Shareholders’ equity 42
Shares outstanding 42
Shipments of aluminum
products 30*, 31, 32, 54
Special Items 31, 32, 45
Stock information 63
See also Common stock
Stock options 44, 46
Stock split 44
Stock transfer agents 64
T
Taxes 33, 49
Treasury shares 42
W
Worldwide operations 56-59
*Chart