TJ Maxx 2004 Annual Report Download - page 57

Download and view the complete annual report

Please find page 57 of the 2004 TJ Maxx annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 90

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90

The TJX Companies, Inc.
Consolidated Statements of Income
Fiscal Year Ended
January 29, January 31, January 25,
Amounts In Thousands Except Per Share Amounts 2005 2004 2003
(53 Weeks)
Net sales $14,913,483 $13,327,938 $11,981,207
Cost of sales, including buying and occupancy costs 11,371,747 10,077,194 9,079,579
Selling, general and administrative expenses 2,436,286 2,155,166 1,938,531
Interest expense, net 25,757 27,252 25,373
Income before provision for income taxes 1,079,693 1,068,326 937,724
Provision for income taxes 415,549 409,961 359,336
Net income $ 664,144 $ 658,365 $ 578,388
Basic earnings per share:
Net income $ 1.36 $ 1.30 $ 1.09
Weighted average common shares-basic 488,809 508,359 532,241
Diluted earnings per share -See Note A
Net income $ 1.30 $ 1.25 $ 1.05
Weighted average common shares-diluted 512,649 529,779 554,645
Cash dividends declared per share $ .18 $ .14 $ .12
The accompanying notes are an integral part of the financial statements.
F-3