Quest Diagnostics 2003 Annual Report Download - page 2

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FINANCIAL HIGHLIGHTS
Years Ended December 31
(in millions, except per share data) 2003 2002 % Increase
Net Revenues $ 4,738 $ 4,108 15%
Net Income 437 322 36%
Operating Income 796 592 34%
Net Earnings Per Diluted Share 4.12 3.23 28%
* Reflects adjustment for the change in goodwill accounting. In addition, these measures exclude losses on debt extinguishment and
provisions for restructurings and other special charges. A reconciliation of these measures and the most directly comparable financial
measures under generally accepted accounting principles can be found following the attached 2003 Annual Report on Form 10-K.
Net Revenues
($ billions) Net Income*
($ millions) Net Earnings
Per Diluted Share*
(dollars)
Compound Annual
Growth Rate
(1999-2003) 21%61%46%46%
Operating
Income*
($ millions)