IBM 2002 Annual Report Download - page 14

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Financial Highlights international business machines corporation and Subsidiary Companies
($ in millions except per share amounts)
for the year 2002 2001
Revenue $«81,186 $«83,067
Income from continuing operations 5,334 8,146
Loss from discontinued operations (1,755) (423)
Net income 3,579 7,723
Earnings/(loss) per share of common stock:
Assuming dilution:
Continuing operations 3.07 4.59
Discontinued operations (1.01) (0.24)
Total 2.06 4.35
Basic:
Continuing operations 3.13 4.69
Discontinued operations (1.03) (0.24)
Total 2.10 4.45
Net cash provided by operating activities from continuing operations 13,788 13,966
Investment in plant, rental machines and other property
for continuing operations 4,753 5,400
Cash dividends paid on common stock 1,005 956
Per share of common stock 0.59 0.55
at year end
Cash, cash equivalents and current marketable securities 5,975 6,393
Total assets 96,484 90,303*
Working capital 7,102 7,342
Total debt 26,017 27,151
Stockholders’ equity 22,782 23,448*
Common shares outstanding
—
basic (in millions) 1,722 1,723
Market capitalization 133,483 208,438
Stock price per common share 77.50 120.96
Number of employees in IBM/wholly owned subsidiaries 315,889 319,876
*Reclassified to conform with 2002 presentation.