Avon 2005 Annual Report Download - page 54

Download and view the complete annual report

Please find page 54 of the 2005 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 57

  • 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

ELEVEN-YEAR฀REVIEW
In millions, except per share and employee data 2005(2) 2004 2003 2002(3) 2001(4) 2000 1999(5) 1998(5) 1997 1996 1995
Income Data
Net sales $8,065.2 $7,656.2 $6,773.7 $6,142.4 $5,957.8 $5,681.7 $5,289.1 $5,212.7 $5,079.4 $4,814.2 $4,492.1
Other revenue(1) 84.4 91.6 71.4 57.7 42.5 40.9 38.8 35.0 — — —
Total revenue 8,149.6 7,747.8 6,845.1 6,200.1 6,000.3 5,722.6 5,327.9 5,247.7 5,079.4 4,814.2 4,492.1
Operating profit 1,149.0 1,229.0 1,042.8 863.5 763.2 789.9 523.1 473.2 537.8 538.0 500.8
Interest expense 54.1 33.8 33.3 52.0 71.1 84.7 43.2 34.7 35.5 33.2 34.6
Income from continuing operations before taxes, minority interest
and cumulative effect of accounting changes 1,124.2 1,187.5 993.5 835.6 689.7 692.2 480.3 455.9 534.9 510.4 465.0
Income from continuing operations before minority interest
and cumulative effect of accounting changes 854.5 856.9 674.6 543.3 449.4 490.0 286.6 265.1 337.0 319.0 288.6
Income from continuing operations before cumulative effect
of accounting changes 847.6 846.1 664.8 534.6 444.9 485.8 286.6 270.0 338.8 317.9 286.1
Loss from discontinued operations, net — — — — — — — — — — (29.6)
Cumulative effect of accounting changes, net — — — — (.3)(6) (6.7)(7) — — — — —
Net income $ 847.6 $ 846.1 $ 664.8 $ 534.6 $ 444.6 $ 479.1 $ 286.6 $ 270.0 $ 338.8 $ 317.9 $ 256.5
Earnings per share–basic
Continuing operations $ 1.82 $ 1.79 $ 1.41 $ 1.13 $ .94 $ 1.02 $ .56 $ .52 $ .64 $ .59 $ .52
Discontinued operations — — — — — — — — — — (.05)
Cumulative effect of accounting changes — — — — — (.01) — — — — —
Net income $ 1.82 $ 1.79 $ 1.41 $ 1.13 $ .94 $ 1.01 $ .56 $ .52 $ .64 $ .59 $ .47
Earnings per share–diluted(8)
Continuing operations $ 1.81 $ 1.77 $ 1.39 $ 1.11 $ .92 $ 1.01 $ .55 $ .51 $ .63 $ .59 $ .52
Discontinued operations — — — — — — — — — — (.05)
Cumulative effect of accounting changes — — — — — (.01) — — — — —
Net income $ 1.81 $ 1.77 $ 1.39 $ 1.11 $ .92 $ 1.00 $ .55 $ .51 $ .63 $ .59 $ .47
Cash dividends per common share $ .66 $ .56 $ .42 $ .40 $ .38 $ .37 $ .36 $ .34 $ .32 $ .29 $ .26
Footnotes can be found on pages 76 and 77.