Avon 2010 Annual Report Download - page 67

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CONSOLIDATED STATEMENTS OF INCOME
(In millions, except per share data)
Years ended December 31 2010 2009 2008
Net sales $10,731.3 $10,084.8 $10,385.1
Other revenue 131.5 120.4 122.4
Total revenue 10,862.8 10,205.2 10,507.5
Costs, expenses and other:
Cost of sales 4,041.3 3,825.5 3,883.9
Selling, general and administrative expenses 5,748.4 5,374.1 5,299.1
Operating profit 1,073.1 1,005.6 1,324.5
Interest expense 87.1 104.8 100.4
Interest income (14.0) (20.2) (37.1)
Other expense, net 54.6 7.3 38.2
Total other expenses 127.7 91.9 101.5
Income from continuing operations, before taxes 945.4 913.7 1,223.0
Income taxes 350.2 294.5 340.5
Income from continuing operations, net of tax 595.2 619.2 882.5
Discontinued operations, net of tax 14.1 9.0 (6.9)
Net Income 609.3 628.2 875.6
Net income attributable to noncontrolling interests (3.0) (2.4) (.3)
Net income attributable to Avon $ 606.3 $ 625.8 $ 875.3
Earnings per share:
Basic from continuing operations $ 1.37 $ 1.43 $ 2.04
Basic from discontinued operations .04 .02 (.01)
Basic attributable to Avon $ 1.40 $ 1.45 $ 2.04
Diluted from continuing operations $ 1.36 $ 1.43 $ 2.03
Diluted from discontinued operations .03 .02 (.01)
Diluted attributable to Avon $ 1.39 $ 1.45 $ 2.03
Weighted-average shares outstanding:
Basic 428.75 426.90 426.36
Diluted 431.35 428.54 428.25
The accompanying notes are an integral part of these statements.
A V O N 2010 F-3