Proctor and Gamble 2006 Annual Report Download - page 65

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Millions of dollars except per share amounts or otherwise specified.
The Procter &Gamble Company and Subsidiaries 63
NOTE 13
QUARTERLY RESULTS (UNAUDITED)
Quarters ended Sept 30 Dec 31 Mar 31 Jun 30 Total Year
NET SALES 2005 – 2006 $14,793 $18,337 $17,250 $17,842 $68,222
2004 – 2005 13,744 14,452 14,287 14,258 56,741
OPERATING INCOME 2005 – 2006 3,057 3,892 3,351 2,949 13,249
2004 – 2005 2,789 2,982 2,542 2,156 10,469
NET EARNINGS (1) 2005 – 2006 2,029 2,546 2,211 1,898 8,684
2004 – 2005 1,942 1,975 1,614 1,392 6,923
DILUTED NET EARNINGS PER COMMON SHARE 2005 – 2006 $ 0.77 $ 0.72 $ 0.63 $ 0.55 $ 2.64
2004 – 2005 0.70 0.72 0.59 0.52 2.53
(1) The June 30, 2005 quarter includes a $295 tax provision related to foreign earnings to be repatriated under AJCA, partially offset by a reversal of a tax provision initially recorded in the March 31, 2005
quarter for anticipated dividends from foreign subsidiaries that were subsequently incorporated into our AJCA repatriation plans.
Notes to Consolidated Financial Statements