IBM 2013 Annual Report Download - page 148
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147
Five-Year Comparison of Selected Financial Data
International Business Machines Corporation and Subsidiary Companies
($ in millions except per share amounts)
For the year ended December 31: 2013 2012 2011 2010 2009
Revenue $ 99,751 $104,507 $106,916 $ 99,870 $ 95,758
Net income $ 16,483 $ 16,604 $ 15,855 $ 14,833 $ 13,425
Operating (non-GAAP) earnings* $ 17,959 $ 17,627 $ 16,318 $ 15,023 $ 13,452
Earnings per share of common stock
Assuming dilution $ 14.94 $ 14.37 $ 13.06 $ 11.52 $ 10.01
Basic $ 15.06 $ 14.53 $ 13.25 $ 11.69 $ 10.12
Diluted operating (non-GAAP)* $ 16.28 $ 15.25 $ 13.44 $ 11.67 $ 10.03
Cash dividends paid on common stock $ 4,058 $ 3,773 $ 3,473 $ 3,177 $ 2,860
Per share of common stock 3.70 3.30 2.90 2.50 2.15
Investment in property, plant and equipment $ 3,623 $ 4,082 $ 4,108 $ 4,185 $ 3,447
Return on IBM stockholders’ equity 83.8% 81.6% 71.2% 66.8% 80.4%
At December 31: 2013 2012 2011 2010 2009
Total assets $126,223 $119,213 $116,433 $113,452 $109,022
Net investment in property, plant and equipment $ 13,821 $ 13,996 $ 13,883 $ 14,096 $ 14,165
Working capital $ 11,196 $ 5,807 $ 8,805 $ 7,554 $ 12,933
Total debt $ 39,718 $ 33,269 $ 31,320 $ 28,624 $ 26,099
Total equity $ 22,929 $ 18,984 $ 20,236 $ 23,172 $ 22,755
* Refer to page 62 of the company’s first-quarter 2011 Form 10-Q filed on April 26, 2011 for the reconciliation of non-GAAP financial information for the years 2009 and 2010 and
“GAAP Reconciliation,” on page 63 for the reconciliation of non-GAAP financial information for 2011. Also see “GAAP Reconciliation,” on page 46 for the reconciliation of non-GAAP
financial information for 2013 and 2012.