IBM 2004 Annual Report Download - page 43

Download and view the complete annual report

Please find page 43 of the 2004 IBM 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.

Page out of 100

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100

International Business Machines Corporation and Subsidiary Companies
41
ibm annual report 2004
CONSOLIDATED STATEMENT OF EARNINGS (continued)
(Dollars in millions except per share amounts)
FOR THE YEAR ENDED DECEMBER 31: Notes 2004 2003 2002
Earnings/(Loss) per Share of Common Stock:
Assuming Dilution:
Continuing operations t$«««««4.94 $«««««4.34 $«««««3.07
Discontinued operations t(0.01) (0.02) (1.01)
Total t$«««««4.93 $«««««4.32 $«««««2.06
Basic:
Continuing operations t$«««««5.04 $«««««4.42 $«««««3.13
Discontinued operations t(0.01) (0.02) (1.03)
Total t$«««««5.03 $«««««4.40 $«««««2.10
Weighted-Average Number of Common Shares Outstanding:
Assuming dilution 1,708,872,279 1,756,090,689 1,730,941,054
Basic 1,674,959,086 1,721,588,628 1,703,244,345
The accompanying notes on pages 49 through 91 are an integral part of the financial statements.