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34 Manpower฀2006฀Annual฀Report
Year฀Ended฀December฀31 2006 2005 2004
Revenues฀from฀Services $฀ 17,562.5 $฀ 15,845.4 $฀ 14,675.0
฀ Cost฀of฀services 14,416.5 13,013.6 12,005.7
Gross฀profit 3,146.0 2,831.8 2,669.3
฀ Selling฀and฀administrative฀expenses 2,613.9 2,403.0 2,271.5
Operating฀profit 532.1 428.8 397.8
฀ Interest฀and฀other฀expense 50.2 41.8 26.2
Earnings฀before฀income฀taxes฀and฀discontinued฀operations 481.9 387.0 371.6
฀ Provision฀for฀income฀taxes 176.2 131.9 124.3
Net฀earnings฀from฀continuing฀operations 305.7 255.1 247.3
Income฀(loss)฀from฀discontinued฀operations,฀net฀of฀income฀taxes 92.3 5.0 ฀ (1.6)
Net฀earnings $฀ 398.0 $฀ 260.1 $฀ 245.7
Net฀earnings฀per฀share฀-฀basic:
฀ Continuing฀operations $฀ 3.55 $฀ 2.89 $฀ 2.78
฀ Discontinued฀operations 1.07 0.06 (0.02)
฀ Total $฀ 4.62 $฀ 2.95 $฀ 2.76
Net฀earnings฀per฀share฀-฀diluted:
฀ Continuing฀operations $฀ 3.48 $฀ 2.81 $฀ 2.61
฀ Discontinued฀operations 1.06 0.06 (0.02)
฀ Total $฀ 4.54 $฀ 2.87 $฀ 2.59
Weighted฀average฀shares฀-฀basic 86.2 88.1 88.9
Weighted฀average฀shares฀-฀diluted 87.7 91.1 96.8
The฀accompanying฀notes฀to฀consolidatedfinancialstatements฀are฀an฀integralpart฀of฀these฀statements.
CON SOLID ATED฀STATEME NTS฀OFOPERATION S
inmillion s,฀except฀per฀sha redata
Consolidated฀Statements฀of฀Operations฀