UPS 2009 Annual Report Download - page 34
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Item 6. Selected Financial Data
The following table sets forth selected financial data for each of the five years in the period ended
December 31, 2009 (amounts in millions, except per share amounts). This financial data should be read together
with our consolidated financial statements and related notes, Management’s Discussion and Analysis of Financial
Condition and Results of Operations, and other financial data appearing elsewhere in this report.
Years Ended December 31,
2009 2008 2007 2006 2005
Selected Income Statement Data
Revenue:
U.S. Domestic Package ......................... $28,158 $31,278 $30,985 $30,456 $28,610
International Package ........................... 9,699 11,293 10,281 9,089 7,977
Supply Chain & Freight ......................... 7,440 8,915 8,426 8,002 5,994
Total revenue ................................. 45,297 51,486 49,692 47,547 42,581
Operating expenses:
Compensation and benefits ...................... 25,640 26,063 31,745 24,421 22,517
Other ........................................ 15,856 20,041 17,369 16,491 13,921
Total operating expenses ........................ 41,496 46,104 49,114 40,912 36,438
Operating profit (loss):
U.S. Domestic Package ......................... 2,138 3,907 (1,531) 4,923 4,493
International Package ........................... 1,367 1,580 1,831 1,710 1,494
Supply Chain and Freight ........................ 296 (105) 278 2 156
Total operating profit ........................... 3,801 5,382 578 6,635 6,143
Other income (expense):
Investment income ............................. 10 75 99 86 104
Interest expense ............................... (445) (442) (246) (211) (172)
Income before income taxes .......................... 3,366 5,015 431 6,510 6,075
Income tax expense ................................ (1,214) (2,012) (49) (2,308) (2,205)
Net income ....................................... $ 2,152 $ 3,003 $ 382 $ 4,202 $ 3,870
Per share amounts:
Basic earnings per share ......................... $ 2.16 $ 2.96 $ 0.36 $ 3.87 $ 3.48
Diluted earnings per share ....................... $ 2.14 $ 2.94 $ 0.36 $ 3.86 $ 3.47
Dividends declared per share ..................... $ 1.80 $ 1.80 $ 1.68 $ 1.52 $ 1.32
Weighted average shares outstanding:
Basic ........................................ 998 1,016 1,057 1,085 1,113
Diluted ...................................... 1,004 1,022 1,063 1,089 1,116
As of December 31,
2009 2008 2007 2006 2005
Selected Balance Sheet Data
Cash and marketable securities ....................... $ 2,100 $ 1,049 $ 2,604 $ 1,983 $ 3,041
Total assets ....................................... 31,883 31,879 39,042 33,210 34,947
Long-term debt .................................... 8,668 7,797 7,506 3,133 3,159
Shareowners’ equity ................................ 7,696 6,780 12,183 15,482 16,884
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