ManpowerGroup 2004 Annual Report Download - page 61

Download and view the complete annual report

Please find page 61 of the 2004 ManpowerGroup 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 98

  • 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

MANPOWER INC. 2004 Annual Report59
Year Ended December 31 2004 2003 2002
Revenues from services $ 14,930.0 $ 12,184.5 $ 10,610.9
Cost of services 12,141.9 10,047.7 8,700.5
Gross profit 2,788.1 2,136.8 1,910.4
Selling and administrative expenses 2,392.3 1,878.9 1,675.6
Operating profit 395.8 257.9 234.8
Interest and other expense 26.3 35.8 46.8
Earnings before income taxes 369.5 222.1 188.0
Provision for income taxes 123.8 84.4 74.8
Net earnings $ 245.7 $ 137.7 $ 113.2
Net earnings per share $2.76$ 1.77 $ 1.48
Net earnings per share – diluted $2.59$ 1.69 $ 1.42
The accompanying notes to consolidated financial statements are an integral part of these statements.
CONSOLIDATED STATEMENTS OF OPERATIONS
in millions, except per share data