Sunoco 2004 Annual Report Download - page 3

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1
Financial Highlights
(Dollars and shares in millions,
except per share amounts) 2004 2003 2002 2001 2000
Operating Results
Sales and other operating revenue $25,468 $17,969 $14,299 $14,063 $14,514
Net income (loss) $605 $312 $(47) $398 $422
Net cash provided by operating activities $1,747 $1,000 $547 $779 $778
Capital program (including acquisitions) $1,263 $787 $439 $1,039 $465
Dividends paid $86 $79 $76 $82 $87
Share repurchases $568 $136 $— $393 $144
Financial Position, Year End
Total assets $8,079 $7,053 $6,441 $6,019 $5,537
Total debt $1,482 $1,601 $1,455 $1,444 $935
Shareholders’ equity $1,607 $1,556 $1,394 $1,642 $1,702
Capital employed $3,089 $3,157 $2,849 $3,086 $2,637
Per Share Data
Net income (loss) — diluted $8.08 $4.03 $(.62) $4.85 $4.82
Cash dividends on common stock $1.15* $1.025* $1.00 $1.00 $1.00
Shareholders’ equity $23.18 $20.64 $18.24 $21.74 $20.06
Market price of common stock at December 31 $81.71 $51.15 $33.18 $37.34 $33.69
Other Data, Year End
Return on average capital employed
(based on net income (loss)) 21.0% 12.4% 0.9% 15.4% 18.1%
Shares outstanding 69.3 75.4 76.4 75.5 84.8
Number of employees 14,200 14,900 14,000 14,200 12,300
*The Company increased the quarterly dividend paid on common stock from $.25 per share ($1.00 per year) to $.275 per
share ($1.10 per year) for the fourth quarter of 2003 and then to $.30 per share ($1.20 per year) for the third quarter of 2004
and to $.40 per share ($1.60 per year) for the second quarter of 2005.