ManpowerGroup 2006 Annual Report Download - page 41

Download and view the complete annual report

Please find page 41 of the 2006 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 72

  • 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

฀ 37
Manpower฀2006฀Annual฀Report
Common฀Stock
Shares฀Issued Par฀Value
Capital฀in฀Excess฀
of฀Par฀Value
Retained฀
Earnings฀
(Accumulated฀
Deficit)
Accumulated฀
Other฀
Comprehensive฀
Income฀(Loss) Treasury฀Stock Total
Balance,฀December฀31,฀2003 88,604,575 $฀ 0.9 $฀ 1,732.5 $฀ (167.6) $฀ 28.3 $฀ (283.8) $฀1,310.3
Comprehensive฀Income:
฀ Net฀earnings 245.7
฀ Foreign฀currency฀translation 86.3
฀ Unrealized฀loss฀on฀derivatives,฀฀
฀ ฀ net฀of฀tax (2.5)
฀ Unrealized฀gain฀on฀investments,฀฀
฀ ฀ net฀of฀tax 3.4
฀ Minimum฀pension฀liability฀adjustment,฀฀
฀ ฀ net฀of฀tax (6.1)
Total฀comprehensive฀income 326.8
Issuances฀for฀acquisitions 8,850,612 0.1 487.8 487.9
Issuances฀under฀equity฀plans,฀฀
฀ including฀tax฀benefits 2,781,448 76.1 76.1
Dividends฀($0.30฀per฀share) (27.1) (27.1)
Balance,฀December฀31,฀2004 100,236,635 1.0 2,296.4 51.0 109.4 (283.8) 2,174.0
Comprehensive฀Income:
฀ Net฀earnings 260.1
฀ Foreign฀currency฀translation (117.8)
฀ Unrealized฀gain฀on฀derivatives,฀฀
฀ ฀ net฀of฀tax 3.0
฀ Unrealized฀gain฀on฀investments,฀฀
฀ ฀ net฀of฀tax 2.2
฀ Minimum฀pension฀liability฀adjustment,฀฀
฀ ฀ net฀of฀tax (7.8)
Total฀comprehensive฀income 139.7
Issuances฀under฀equity฀plans,฀฀
฀ including฀tax฀benefits 1,003,178 31.1 31.1
Issuances฀for฀settlement฀of฀฀
฀ convertible฀debentures 19.2 41.4 60.6
Dividends฀($0.47฀per฀share) (41.2) (41.2)
Repurchases฀of฀common฀stock (217.6) (217.6)
Balance,฀December฀31,฀2005 101,239,813 1.0 2,346.7 269.9 (11.0) (460.0) 2,146.6
Comprehensive฀Income:
฀ Net฀earnings 398.0
฀ Foreign฀currency฀translation 131.8
฀ Unrealized฀gain฀on฀derivatives,฀฀
฀ ฀ net฀of฀tax 2.0
฀ Unrealized฀gain฀on฀investments,฀฀
฀ ฀ net฀of฀tax 3.6
฀ Minimum฀pension฀liability฀adjustment,฀฀
฀ ฀ net฀of฀tax 0.9
Total฀comprehensive฀income 536.3
Adjustment฀to฀initially฀apply฀SFAS฀฀
฀ ฀ No.฀158,฀net฀of฀tax (6.7) (6.7)
Issuances฀under฀equity฀plans,฀
฀ ฀including฀tax฀benefits 1,366,612 51.5 10.8 62.3
Share-based฀compensation฀expense 22.5 22.5
Dividends฀($0.59฀per฀share) (50.9) (50.9)
Repurchases฀of฀common฀stock (235.9) (235.9)
Balance,฀December฀31,฀2006 102,606,425 $฀ 1.0 $฀ 2,420.7 $฀ 617.0 $฀ 120.6 $฀ (685.1) $฀2,474.2
The฀accompanying฀notes฀to฀consolidated฀financial฀statements฀are฀an฀integral฀part฀of฀these฀statements.
CON SOLID ATED฀STATEME NTS฀OF฀SHAREHO LDERS ’฀EQUIT Y
dol lars฀in ฀mi llions,฀except฀share฀and ฀pe r฀share฀data
Consolidated฀Statements฀of฀Shareholders’฀Equity฀