Avon 2003 Annual Report Download - page 2
Download and view the complete annual report
Please find page 2 of the 2003 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.-
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
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
 |
 |
22 Report of Management
23 Report of Independent Auditors
24 Management’s Discussion and Analysis of
Financial Condition and Results of Operations
24 Cautionary Statement
24 Introduction
25 Critical Accounting Estimates
27 Business
28 Results of Operations – Consolidated
33 Segment Review
43 Liquidity and Capital Resources
45 Foreign Operations
46 Risk Management Strategies and Market Rate
Sensitive Instruments
48 Accounting Changes
49 Contingencies
51 Other Information
51 Disclosure Controls and Procedures
52 Results of Operations by Quarter (Unaudited)
53 Market Prices Per Share of Common Stock
by Quarter
54 Consolidated Statements of Income
56 Consolidated Balance Sheets
58 Consolidated Statements of Cash Flows
60 Consolidated Statements of Changes in
Shareholders’ Equity (Deficit)
62 Notes to Consolidated Financial Statements
98 Eleven-Year Review
Contents
unleashing growth 21
Year-End Market
Capitalization
$ In billions
4
8
12
16
20
99 00 01 02 03
Dividends Paid
Per Common Share
In dollars
.20
.40
.60
.80
1.00
99 00 01 02 03
Capital Expenditures
$ In millions
45
90
135
180
225
99 00 01 02 03