Hess 1999 Annual Report Download - page 33

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31
Statement of Consolidated Changes in Common Stock
and Capital in Excess of Par Value
Amerada Hess Corporation and Consolidated Subsidiaries
Common st ock
Capit al in
Number of excess of
Thousands of dollars shares Amount par value
Balance at January 1, 1997 93,073,305 $93,073 $754,559
Awards of nonvested common stock to employees (net) 719,000 719 38,145
Common stock acquired and retired (2,368,100) (2,368) (19,419)
Employee stock options exercised 27,000 27 1,346
Balance at December 31, 1997 91,451,205 91,451 774,631
Cancellations of nonvested common stock awards (net) (26,000) (26) (1,292)
Common stock acquired and retired (1,071,500) (1,071) (9,073)
Employee stock options exercised 3,000 3 146
Balance at December 31, 1998 90,356,705 90,357 764,412
Cancellations of nonvested common stock awards (net) (2,500) (3) (102)
Employee stock options exercised 322,200 322 17,961
Balance at December 31, 1999 90,676,405 $90,676 $782,271
Statement of Consolidated Comprehensive Income
For t he Years Ended December 31
Thousands of dollars 1999 1998 1997
Components of Comprehensive Income (Loss)
Net income (loss) $437,616 $(458,893) $ 7,500
Change in foreign currency translation adjustment (6,703) (2,035) (35,467)
Comprehensive Income (Loss) $430,913 $(460,928) $(27,967)
See accompanying notes to consolidated financial statements.