Hess 2002 Annual Report Download - page 56

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54
TEN-YEAR SUMMARY OF FINANCIAL DATA
Amerada Hess Corporation and Consolidated Subsidiaries
Millions of dollars, except per share data 2002 2001 2000
Selected Balance Sheet Data at Year-End
Cash and cash equivalents $ 197 $ 37 $ 312
Working capital 203 228 577
Property, plant and equipment
Exploration and production $14,699 $15,194 $10,499
Refining and marketing 1,450 1,433 1,399
Total
—
at cost 16,149 16,627 11,898
Less reserves 9,117 8,462 7,575
Property, plant and equipment
—
net $ 7,032 $ 8,165 $ 4,323
Total assets $13,262 $15,369 $10,274
Total debt 4,992 5,665 2,050
Stockholders’ equity 4,249 4,907 3,883
Stockholders’ equity per common share $ 47.46 $ 55.11 $ 43.58
Summarized Statement of Cash Flows
Net cash provided by operating activities $ 1,965 $ 1,960 $ 1,795
Cash flows from investing activities
Capital expenditures
Exploration and production (1,404) (5,061) (783)
Refining and marketing (130) (160) (155)
Total capital expenditures (1,534) (5,221) (938)
Proceeds from sales of property, plant and equipment and other 438 16 36
Net cash provided by (used in) investing activities (1,096) (5,205) (902)
Cash flows from financing activities
Debt with maturities of 90 days or less
—
increase (decrease) (581) 564 (131)
Debt with maturities of greater than 90 days
Borrowings 637 2,595 20
Repayments (686) (54) (296)
Cash dividends paid (107) (94) (54)
Common stock acquired
—
(100) (220)
Stock options exercised 28 59 59
Net cash provided by (used in) financing activities (709) 2,970 (622)
Net increase (decrease) in cash and cash equivalents $ 160 $ (275) $ 271
Stockholder Data at Year-End
Number of common shares outstanding (thousands) 89,193 88,757 88,744
Number of stockholders (based on number of holders of record) 7,272 6,481 7,709
Market price of common stock $ 55.05 $ 62.50 $ 73.06