PNC Bank 2005 Annual Report Download - page 67

CONSOLIDATED STATEMENT OF SHAREHOLDERS' EQUITY
THE PNC FINANCIAL SERVICES GROUP, INC.
Shares Outstanding Deferred Accumulated Other
Common Common Capital Retained Compensation Comprehensive Treasury
In millions Stock Stock Surplus Earnings Expense Income (Loss) Stock Total
Balance at January 1, 2003 (a) 285 $1,764 $1,101 $7,187 $(9) $321 $(3,505) $6,859
Net income 1,001 1,001
Net unrealized securities losses (176) (176)
Net unrealized losses on cash
flow hedge derivatives (87) (87)
Other 2 2
Comprehensive income 740
Cash dividends declared
Common (545) (545)
Preferred (1) (1)
Treasury stock activity (8) (1) (395) (396)
Tax benefit of stock option plans 6 6
Stock options granted 12 12
Subsidiary stock transactions (10) (10)
Deferred compensation expense (20) (20)
Balance at December 31, 2003 (a) 277 1,764 1,108 7,642 (29) 60 (3,900) 6,645
Net income 1,197 1,197
Net unrealized securities losses (69) (69)
Net unrealized losses on cash
flow hedge derivatives (42) (42)
Other (3) (3)
Comprehensive income 1,083
Cash dividends declared
Common (565) (565)
Preferred (1) (1)
Treasury stock activity 6 116 176 292
Tax benefit of stock option plans 15 15
Stock options granted 22 22
Subsidiary stock transactions 4 4
Deferred compensation expense (22) (22)
Balance at December 31, 2004 (a) 283 1,764 1,265 8,273 (51) (54) (3,724) 7,473
Net income 1,325 1,325
Net unrealized securities losses (174) (174)
Net unrealized losses on cash
flow hedge derivatives (32) (32)
Other (7) (7)
Comprehensive income 1,112
Cash dividends declared
Common (574) (574)
Preferred (1) (1)
Treasury stock activity 10 61 468 529
Tax benefit of stock option plans 7 7
Stock options granted 30 30
Subsidiary stock transactions (5) (5)
Deferred compensation expense (8) (8)
Balance at December 31, 2005 (a) 293 $1,764 $1,358 $9,023 $(59) $(267) $(3,256) $8,563
(a) Our preferred stock outstanding as of December 31, 2005, 2004, and 2003 and January 1, 2003 was less than $.5 million at each date and, therefore, is excluded from this presentation.
See accompanying Notes To Consolidated Financial Statements.
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