UPS 2006 Annual Report Download - page 3

Download and view the complete annual report

Please find page 3 of the 2006 UPS 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 111

  • 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
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111

(in millions, except for per-share amounts) 2006 2005 % Change
Revenue $47,547 $42,581 11.7
Operating expenses 40,912 36,438 12.3
Net income 4,202 3,870 8.6
Diluted earnings per share 3.86 3.47 11.2
Dividends declared per share 1.52 1.32 15.2
Assets 33,210 34,947 (5.0)
Long-term debt 3,133 3,159 (0.8)
Shareowners’ equity 15,482 16,884 (8.3)
Capital expenditures 3,085 2,187 41.1
Cash and investments 1,983 3,041 (34.8)
UPS FACTS
• Founded: 1907
• Employees: 428,000
• Customers: 7.9 million
• ups.com average: 15 million
on-line tracking
requests daily
• Operating facilities: 3,000 worldwide
• Access points: 150,000 worldwide
• Aircraft: 282 (Eighth-largest
airline in the world)
• Package delivery vehicles: 94,500
• Freight vehicles: 6,800 tractors;
22,800 trailers
FINANCIAL HIGHLIGHTS
2006 HIGHLIGHTS
• Produced record revenue, operating profi t, and
earnings per share.
• Delivered the most packages in UPS history,
almost four billion.
• Expanded operations in Europe.
• Incorporated heavy air freight acquisition into
UPS air network.
• Rebranded LTL freight acquisition to
UPS Freight.
• Began a fi ve-year, $1 billion expansion of our
fl agship air hub in Louisville, KY, to increase
sorting capacity by 60 percent to 487,000
packages per hour.
A global leader in providing transportation
solutions, UPS helps synchronize commerce
for its customers.
1