United Healthcare 2002 Annual Report Download - page 66

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{ 65 }
UnitedHealth Group
FINANCIAL PERFORMANCE AT A GLANCE
GROWTH & PROFITS — CONSOLIDATED
1
(in millions, except per share data) 2002 2001 2000
Revenues
$ 25,020
$23,454 $21,122
Earnings From Operations
$ 2,186
$1,566 $1,200
Operating Margin
8.7%
6.7% 5.7%
Return on Net Assets
37.5%
30.7% 25.5%
Net Earnings
$ 1,352
$913 $705
Net Margin
5.4%
3.9% 3.3%
Diluted Net Earnings per Share
$ 4.25
$2.79 $2.10
GROWTH & PROFITS — BY SEGMENT
(in millions) 2002 2001 2000
HEALTH CARE SERVICES
Revenues
$ 21,644
$20,494 $18,696
Earnings From Operations
$ 1,336
$944 $739
Operating Margin
6.2%
4.6% 4.0%
Return on Net Assets
35.7%
29.2% 24.6%
UNIPRISE
Revenues
$ 2,713
$2,462 $2,140
Earnings From Operations
$ 509
$374 $289
Operating Margin
18.8%
15.2% 13.5%
Return on Net Assets
47.9%
37.2% 30.6%
SPECIALIZED CARE SERVICES
Revenues
$ 1,509
$1,254 $974
Earnings From Operations
$ 286
$214 $174
Operating Margin
19.0%
17.1% 17.9%
Return on Net Assets
50.7%
59.1% 68.8%
INGENIX
Revenues
$ 491
$447 $375
Earnings From Operations
$55
$48 $32
Operating Margin
11.2%
10.7% 8.5%
Return on Net Assets
7.6%
7.5% 5.2%
CAPITAL ITEMS1
(in millions, except per share data) 2002 2001 2000
Cash Flows From Operating Activities
$ 2,423
$1,844 $1,521
Capital Expenditures
$ 419
$425 $245
Consideration Paid or Issued for Acquisitions
$ 869
$255 $76
Debt-to-Total-Capital Ratio
28.5%
28.9% 24.7%
Return on Shareholders’ Equity
33.0%
24.5% 19.0%
Year-End Market Capitalization
$ 25,005
$21,841 $19,470
Year-End Common Share Price
$ 83.50
$70.77 $61.38
1Excludes nonrecurring items in 2000, as described in footnote 1 at the bottom of page 19.