Kodak 2004 Annual Report Download - page 49
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Please find page 49 of the 2004 Kodak 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.Financials
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2 0 0 4 S U M M A R Y A N N U A L R E P O R T
nConsolidatedStatementofEarnings
EastmanKodakCompany
FortheYearEndedDecember31,
200420032002
(inmillions,exceptpersharedata) (Restated)
Netsales $ 13,517 $ 12,909 $ 12,549
Costofgoodssold 9,548 8,734 8,022
Grossprofit 3,969 4,175 4,527
Selling,generalandadministrativeexpenses 2,507 2,618 2,504
Researchanddevelopmentcosts 854 776 757
Restructuringcostsandother 695 479 98
(Loss)earningsfromcontinuingoperationsbefore
interest,otherincome(charges),netandincometaxes (87) 302 1,168
Interestexpense 168 147 173
Otherincome(charges),net 161 (51) (101)
(Loss)earningsfromcontinuingoperationsbeforeincometaxes (94) 104 894
(Benefit)provisionforincometaxes (175) (85) 133
Earningsfromcontinuingoperations $ 81 $ 189 $ 761
Earningsfromdiscontinuedoperations,netofincometaxes $ 475 $ 64 $ 9
NetEarnings $ 556 $ 253 $ 770
Basicnetearningspershare:
Continuingoperations $ .28 $ .66 $ 2.61
Discontinuedoperations 1.66 .22 .03
Total $ 1.94 $ .88 $ 2.64
Dilutednetearningspershare:
Continuingoperations $ .28 $ .66 $ 2.61
Discontinuedoperations 1.66 .22 .03
Total $ 1.94 $ .88 $ 2.64
Cashdividendspershare $ .50 $ 1.15 $ 1.80
Theaccompanyingnotesareanintegralpartoftheseconsolidatedfinancialstatements.