CVS 2004 Annual Report Download - page 30
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Please find page 30 of the 2004 CVS 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.fiscal year ended
JAN.1,JAN.3,DEC.28,
2005 2004 2002
In millions, except per share amounts (52 WEEKS)(53 WEEKS)(52 WEEKS)
Net sales $30,594.3 $ 26,588.0 $ 24,181.5
Cost of goods sold, buying and warehousing costs 22,563.1 19,725.0 18,112.7
Gross margin 8,031.2 6,863.0 6,068.8
Selling, general and administrative expenses 6,079.7 5,097.7 4,552.3
Depreciation and amortization 496.8 341.7 310.3
Total operating expenses 6,576.5 5,439.4 4,862.6
Operating profit 1,454.7 1,423.6 1,206.2
Interest expense, net 58.3 48.1 50.4
Earnings before income tax provision 1,396.4 1,375.5 1,155.8
Income tax provision 477.6 528.2 439.2
Net earnings 918.8 847.3 716.6
Preference dividends, net of income tax benefit 14.2 14.6 14.8
Net earnings available to common shareholders $ 904.6 $ 832.7 $ 701.8
BASIC EARNINGS PER COMMON SHARE:
Net earnings $2.27 $ 2.11 $ 1.79
Weighted average common shares outstanding 398.6 394.4 392.3
DILUTED EARNINGS PER COMMON SHARE:
Net earnings $2.20 $ 2.06 $ 1.75
Weighted average common shares outstanding 415.4 407.7 405.3
DIVIDENDS DECLARED PER COMMON SHARE $0.265 $ 0.230 $ 0.230
See accompanying notes to consolidated financial statements.
Consolidated Statements of Operations
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