World Fuel Services 2007 Annual Report Download - page 89

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64435 TX 81WORLD FUEL SERVICES
ANNUAL REPORT
28-Feb-2008 00:14 EST
CLN PSTAM
RR Donnelley ProFile SER kirkw0cm 6*
PMT 2C
CHMFBUAC350855
9.9.26
WORLD FUEL SERVICES CORPORATION AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
Information concerning our revenue, income from operations, depreciation and amortization and capital
expenditures by segment is as follows (in thousands):
For the Year ended December 31,
2007 2006 2005
Revenue:
Marine segment ....................................... $ 7,665,801 $ 5,785,095 $4,467,695
Aviation segment ...................................... 5,460,838 4,579,337 3,938,266
Land segment ........................................ 602,916 420,704 327,986
$13,729,555 $10,785,136 $8,733,947
Income from operations:
Marine segment ....................................... $ 50,844 $ 44,225 $ 35,360
Aviation segment ...................................... 60,796 56,648 39,882
Land segment ........................................ 1,237 1,138 942
112,877 102,011 76,184
Corporate overhead .................................... (26,989) (25,365) (19,564)
$ 85,888 $ 76,646 $ 56,620
Depreciation and amortization:
Marine segment, includes allocation from corporate .......... $ 2,255 $ 2,335 $ 2,084
Aviation segment, includes allocation from corporate ......... 1,543 1,023 518
Land segment, includes allocation from corporate ............ 157 83 6
Corporate ............................................ 2,946 1,425 1,218
$ 6,901 $ 4,866 $ 3,826
Capital expenditures:
Marine segment ....................................... $ 1,642 $ 1,049 $ 421
Aviation segment ...................................... 1,010 1,802 616
Land segment ........................................ 59 223 —
Corporate ............................................ 13,726 15,374 6,472
$ 16,437 $ 18,448 $ 7,509
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