Avon 2009 Annual Report Download - page 67
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CONSOLIDATED STATEMENTS OF INCOME
(In millions, except per share data)
Years ended December 31 2009 2008 2007
Net sales $10,284.7 $10,588.9 $9,845.2
Other revenue 98.1 101.2 93.5
Total revenue 10,382.8 10,690.1 9,938.7
Costs, expenses and other:
Cost of sales 3,888.3 3,949.1 3,941.2
Selling, general and administrative expenses 5,476.3 5,401.7 5,124.8
Operating profit 1,018.2 1,339.3 872.7
Interest expense 104.8 100.4 112.2
Interest income (20.2) (37.1) (42.2)
Other expense, net 7.1 37.7 6.6
Total other expenses 91.7 101.0 76.6
Income before taxes 926.5 1,238.3 796.1
Income taxes 298.3 362.7 262.8
Net income 628.2 875.6 533.3
Net income attributable to noncontrolling interests (2.4) (.3) (2.6)
Net income attributable to Avon $625.8 $875.3 $530.7
Earnings per share:
Basic $1.45 $2.04 $1.22
Diluted $1.45 $2.03 $1.21
Weighted-average shares outstanding:
Basic 426.90 426.36 433.47
Diluted 428.54 428.25 436.02
The accompanying notes are an integral part of these statements.
AVON2009 F-3