Avon 2005 Annual Report Download - page 55
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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.