Avon 2013 Annual Report Download - page 77

Download and view the complete annual report

Please find page 77 of the 2013 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 130

  • 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
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130

CONSOLIDATED STATEMENTS OF CHANGES
IN SHAREHOLDERS’ EQUITY
(In millions, except per share data)
Common Stock Additional
Paid-In
Capital
Retained
Earnings
Accumulated
Other
Comprehensive
Loss
Treasury Stock Non-
controlling
Interests Total
Shares Amount Shares Amount
Balances at December 31, 2010 743.3 $186.6 $2,024.2 $4,610.8 $(605.8) 313.8 $(4,559.3) $16.1 $1,672.6
Net income 513.6 4.2 517.8
Other comprehensive loss (248.6) (0.4) (249.0)
Dividends – $0.92 per share (398.3) (398.3)
Exercise / vesting and expense of share-based
compensation 1.6 0.7 53.7 – 0.7 55.1
Repurchase of common stock 0.3 (7.7) (7.7)
Purchases and sales of noncontrolling interests,
net of dividends paid of $5.1 (5.1) (5.1)
Income tax benefits – stock transactions (0.2) (0.2)
Balances at December 31, 2011 744.9 $187.3 $2,077.7 $4,726.1 $(854.4) 314.1 $(4,566.3) $14.8 $1,585.2
Net (loss) income (42.5) 4.3 (38.2)
Other comprehensive (loss) income (22.3) 0.6 (21.7)
Dividends – $0.75 per share (325.8) (325.8)
Exercise / vesting and expense of share-based
compensation 1.8 1.0 44.3 (0.1) 3.2 48.5
Repurchase of common stock 0.5 (8.8) (8.8)
Purchases and sales of noncontrolling interests,
net of dividends paid of $3.5 (3.5) (3.5)
Income tax benefits – stock transactions (2.4) (2.4)
Balances at December 31, 2012 746.7 $188.3 $2,119.6 $4,357.8 $(876.7) 314.5 $(4,571.9) $16.2 $1,233.3
Net (loss) income (56.4) 4.5 (51.9)
Other comprehensive income (loss) 6.3 (1.1) 5.2
Dividends – $0.24 per share (104.7) (104.7)
Exercise / vesting and expense of share-based
compensation 2.1 1.1 59.5 (0.1) 0.1 60.7
Repurchase of common stock 0.5 (9.4) (9.4)
Purchases and sales of noncontrolling interests,
net of dividends paid of $2.2 (2.2) (2.2)
Income tax benefits – stock transactions (3.5) (3.5)
Balances at December 31, 2013 748.8 $189.4 $2,175.6 $4,196.7 $(870.4) 314.9 $(4,581.2) $17.4 $1,127.5
The accompanying notes are an integral part of these statements.
A V O N 2013 F-7