Sunoco 2004 Annual Report Download - page 77

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Quarterly Financial and Stock Market Information (Unaudited)
(Millions of Dollars, Except Per Share Amounts and Common Stock Prices)
2004 2003
First
Quarter
Second
Quarter
Third
Quarter
Fourth
Quarter
First
Quarter
Second
Quarter
Third
Quarter
Fourth
Quarter
Sales and other operating revenue
(including consumer excise taxes) $5,232 $6,265 $6,575 $7,396 $4,589 $4,189 $4,630 $4,561
Gross profit* $362 $631 $431 $562 $331 $334 $432 $300
Net income $89 $234 $104** $178 $86 $81 $109*** $36†
Net income per share of common
stock:
Basic $1.18 $3.10 $1.40 $2.50 $1.12 $1.05 $1.41 $.47
Diluted $1.17 $3.07 $1.39 $2.48 $1.12 $1.04 $1.40 $.47
Cash dividends per share of common
stock $.275 $.275 $.30 $.30 $.25 $.25 $.25 $.275
Common stock price††—high $64.48 $65.70 $74.37 $84.51 $38.04 $39.00 $41.42 $52.60
—low $50.51 $58.26 $58.76 $70.52 $29.67 $35.40 $35.93 $40.10
—end of period $62.38 $63.62 $73.98 $81.71 $36.57 $37.74 $40.22 $51.15
* Gross profit equals sales and other operating revenue less cost of products sold and operating expenses; depreciation, depletion and amortization; and consumer excise,
payroll and other applicable taxes.
** Includes an $18 million after-tax gain on an income tax settlement, an $8 million after-tax loss on divestment of the Company’s one-third interest in BEF and a $34 million
after-tax loss from the early extinguishment of debt in connection with a debt restructuring.
*** Includes a $15 million after-tax provision for write-down of the BEF MTBE production facility to its estimated fair value.
†Includes a $9 million after-tax gain associated with a retail marketing divestment program in the Midwest and a $17 million after-tax provision primarily for write-down of the
assets of the plasticizer business to their estimated fair values less costs to sell.
†† The Company’s common stock is principally traded on the New York Stock Exchange, Inc. under the symbol “SUN.” The Company had approximately 23,500 holders of record
of common stock as of January 31, 2005.
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