IBM 2005 Annual Report Download - page 102

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_101_101
Five-YearComparisonofSelectedFinancialData
(Dollarsinmillionsexceptpershareamounts)
FORTHEYEAR: 2005 2004 2003 2002 2001
Revenue $«««91,134 $«««96,293 $«««89,131 $«81,186 $«83,067
Incomefromcontinuingoperations $«««««7,994 $«««««7,497 $«««««6,588 $«««4,156 $«««6,931
Loss fromdiscontinuedoperations (24) (18) (30) (1,780) (447)
Incomebeforecumulativeeffectofchange
inaccountingprinciple 7,970 7,479 6,558 2,376 6,484
Cumulativeeffectofchangein
accountingprinciple** (36) ————
Netincome $«««««7,934 $«««««7,479 $«««««6,558 $«««2,376 $«««6,484
Earnings/(loss)pershareofcommonstock:
Assumingdilution:
Continuingoperations $«««««««4.91 $«««««««4.39 $«««««««3.76 $«««««2.43 $«««««3.94
Discontinuedoperations (0.01) (0.01) (0.02) (1.04) (0.25)
Beforecumulativeeffectofchange
inaccountingprinciple 4.90 4.38 3.74 1.39 3.69
Cumulativeeffectofchange
inaccountingprinciple** (0.02) ————
Total $«««««««4.87* $«««««««4.38 $«««««««3.74 $«««««1.39 $«««««3.69
Basic:
Continuingoperations $«««««««4.99 $«««««««4.48 $«««««««3.83 $«««««2.44 $«««««3.99
Discontinuedoperations (0.02) (0.01) (0.02) (1.05) (0.26)
Beforecumulativeeffectofchange
inaccountingprinciple 4.98* 4.47 3.81 1.40* 3.74*
Cumulativeeffectofchange
inaccountingprinciple** (0.02) ————
Total $«««««««4.96 $«««««««4.47 $«««««««3.81 $«««««1.40 $«««««3.74
Cashdividendspaidoncommonstock $«««««1,250 $«««««1,174 $«««««1,085 $«««1,005 $««««««956
Pershareofcommonstock 0.78 0.70 0.63 0.59 0.55
Investmentinplant,rentalmachines
andotherproperty $«««««3,842 $«««««4,368 $«««««4,398 $«««5,022 $«««5,660
Returnonstockholders’equity 24.5% 24.4% 24.5% 9.8% 28.5%
ATENDOFYEAR: 2005 2004 2003 2002 2001
Totalassets $«105,748 $«111,003 $«106,021 $«97,814 $«91,207
Netinvestmentinplant,rentalmachines
andotherproperty 13,756 15,175 14,689 14,440 16,504
Workingcapital 10,509 7,357 7,205 6,927 7,483
Totaldebt 22,641 22,927 23,632 26,017 27,151
Stockholders’equity 33,098 31,688 29,531 24,112 24,352
* Doesnottotalduetorounding.
** ReflectsimplementationofFASBInterpretationNo.47.Seenote B,“AccountingChanges,” onpages61 and62 foradditionalinformation.