Tyson Foods 2003 Annual Report Download - page 33

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Tyson Foods, Inc. 31
consolidated statements of income
TYSON FOODS, INC. 2003 ANNUAL REPORT
in millions, except per share data
Three years ended September 27, 2003 2003 2002 2001
Sales $ 24,549 $ 23,367 $ 10,563
Cost of Sales 22,805 21,550 9,660
1,744 1,817 903
Operating Expenses:
Selling, general and administrative 831 877 587
Other charges 76 53 –
Operating Income 837 887 316
Other Expense (Income):
Interest 296 305 144
Other 18 (11) 7
314 294 151
Income Before Income Taxes and Minority Interest 523 593 165
Provision for Income Taxes 186 210 58
Minority Interest ––19
Net Income $ 337 $ 383 $ 88
Weighted Average Shares Outstanding:
Basic 346 348 221
Diluted 352 355 222
Earnings Per Share:
Basic $ 0.98 $ 1.10 $ 0.40
Diluted $ 0.96 $ 1.08 $ 0.40
See accompanying notes.