Xerox 2013 Annual Report Download - page 3

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1
Xerox 2013 Annual Report
(in millions, except EPS) 2013 2012
Total revenue $21,435 $21,737
Equipment sales 3,359 3,476
Annuity revenue 18,076 18,261
Net income from continuing operations – Xerox 1,185 1,184
Adjusted net income* – Xerox 1,390 1,387
Diluted earnings per share from continuing operations 0.93 0.87
Adjusted earnings per share* 1.09 1.02
Net cash provided by operating activities 2,375 2,580
Adjusted operating margin* 8.9% 9.5%
* See Non-GAAP Measures on page 9 for the reconciliation of the difference between this financial measure that is not in compliance with Generally Accepted
Accounting Principles (GAAP) and the most directly comparable financial measure calculated in accordance with GAAP.
Note: 2012 has been restated to reflect the 2013 disposition of our North American (Canada and U.S.) and Western European Paper business as
Discontinued Operations.
Financial Highlights
technology
CSI
blue
(forensic DNA investigation)
is derived from Xerox
imaging technology
light
Xerox ranked 3rd in
FORTUNE magazine's 2013
World's Most
Admired
computer
category
Companies
Xerox is developing
smart packaging
products that track
temperatures
& relay info about
consumption
when a package is
opened
Xerox is developing
smart packaging
products that track
temperatures
& relay info about
consumption
when a package is
opened
ACS now Xerox Services
grew from one office to
25 years
almost 500 in just
Xerox
93%
recycled
of its nonhazardous
waste in 2012