Energizer 2002 Annual Report Download - page 26

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DOLLARS SHARES
2002 2001 2000 2002 2001 2000
Ralston’s net investment:
Balance at beginning of year $– $ – $ 1,312.9
Net earnings –– 121.6
Net transactions with Ralston –– (732.8)
Foreign currency translation adjustment –– (1.4)
Distribution to Ralston’s shareholders at spin-off –– (700.3)
Ending balance –– –
Common stock:
Balance at beginning of year 1.0 1.0 – 95,564 95,553 –
Distribution to Ralston’s shareholders at spin-off –– 1.0 –– 95,553
Activity under stock plans –– – 212 11 –
Ending balance 1.0 1.0 1.0 95,776 95,564 95,553
Additional paid-in capital:
Balance at beginning of year 784.1 783.9 –
Distribution to Ralston’s shareholders at spin-off –– 783.9
Activity under stock plans 5.7 0.2 –
Ending balance 789.8 784.1 783.9
Retained earnings
Balance at beginning of year 17.5 59.8 –
Net earnings 186.4 (39.0) 59.8
Activity under stock plans (1.5) – –
Elimination of international one-month lag (Note 2) –(3.3) –
Ending balance 202.4 17.5 59.8
Common stock in treasury:
Balance at beginning of year (79.6) – – (3,845) – –
Treasury stock purchased (103.3) (79.6) – (3,789) (3,845) –
Activity under stock plans 6.9 – – 314 ––
Ending balance (176.0) (79.6) – (7,320) (3,845) –
Accumulated other comprehensive income:
Cumulative translation adjustment:
Balance at beginning of year (114.0) (105.4) –
Distribution to Ralston’s shareholders at spin-off –– (84.6)
Foreign currency translation adjustment 3.3 (8.6) (20.8)
Ending Balance (110.7) (114.0) (105.4)
Minimum pension liability:
Balance at beginning of year (1.1) (1.1) –
Adjustment (0.6) – (1.1)
Ending balance (1.7) (1.1) (1.1)
Total accumulated other comprehensive income (112.4) (115.1) (106.5)
Total shareholders equity $ 704.8 $ 607.9 $ 738.2
The above financial statement should be read in conjunction with the Notes to Consolidated Financial Statements.
Energizer Holdings, Inc.
Consolidated Statement of Shareholders Equity
(Dollars in millions, shares in thousands)
ENR 2002 Annual Report Page 24