Avon 2001 Annual Report Download - page 1

Download and view the complete annual report

Please find page 1 of the 2001 Avon annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 49

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49

PAGE 24
The Financial Section
2
4
6
8
10
Net SalesConstant vs.
Actual U.S. Dollars
$ In billions
Base year = 1998
98 99 00 01 02
Net Sales, Constant U.S. Dollars
(excludes currency translation)
Net Sales, Actual U.S. Dollars
200
400
600
800
1000
1200
Business Unit
Operating Profit
$ In millions
98 99 00 01 02
2002 Results by
Geographic Region
North America
Latin America
Europe
Pacific
Net Sales
Business Unit Operating Profit
39%
37%
33%
18 %
12 %
28%
20%
13 %
.17
.34
.51
.68
.85
Dividends Paid
Per Common Share
In dollars
98 99 00 01 02
45
90
135
180
225
Capital Expenditures
$ In millions
98 99 00 01 02
3
6
9
12
15
Year-End Market
Capitalization
$ In billions
98 99 00 01 02
Contents
25 Managements
Discussion and
Analysis of Financial
Condition and Results
of Operations
25 Cautionary Statement
25 Critical Accounting
Estimates
26 Business
27 Results of Operations
Consolidated
30 Segment Review
34 Liquidity and Capital
Resources
37 Foreign Operations
38 Risk Management
Strategies and Market
Rate Sensitive
Instruments
40 Accounting Changes
40 Contingencies
41 Disclosure Controls
and Procedures
42 Results of Operations
by Quarter
43 Market Prices Per
Share of Common
Stock by Quarter
44 Consolidated
Statements of Income
45 Consolidated Balance
Sheets
46 Consolidated
Statements of
Cash Flows
47 Consolidated
Statements of Changes
in Shareholders
(Deficit) Equity
48 Notes to Consolidated
Financial Statements
73 Report of Management
and Report of
Independent
Accountants
74 Eleven-Year Review

Page 1 highlights