ADP 2000 Annual Report Download - page 3

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$3,613
$4,193
$4,926
$5,540
$6,288
96 97 98 99 00
Total Revenues
(In millions)
1
Diluted EPS Operating Cash Flow
(In millions)
$ 674
$ 680
$ 783
$ 854
$1,070
96 97 98 99 00
$0.76
$0.85
$0.98
$1.13
$1.31
96 97 98 99 00
financial highlights
(In thousands, except per share amounts and number of employees)
Years ended June 30, 2000 1999 % Increase
Total revenues $ 6,287,512 $ 5,540,141 13%
Net earnings $ 840,800 $ 714,172* 18%
Basic earnings per share $ 1.34 $ 1.16* 16%
Diluted earnings per share $ 1.31 $ 1.13* 16%
Cash dividends $ 212,578 $ 181,133 17%
Cash dividends per share $ .33875 $ .295 15%
Basic shares outstanding 626,766 615,630
Diluted shares outstanding 646,098 636,892
Return on equity 19.7% 18.7%
At year end:
Cash, cash equivalents and marketable securities $ 2,452,549 $ 2,169,040
Working capital $ 1,767,784 $ 907,864
Total assets* * $ 6,429,927 $ 5,824,820
Long-term debt $ 132,017 $ 145,765
Shareholders’ equity $ 4,582,818 $ 4,007,941
Number of employees 40,000 37,000
* Excludes non-recurring charges in 1999 totaling approximately $17 million (after-tax) associated with certain acquisitions and dispositions. Including these non-recurring charges,
1999 net earnings were $697 million and diluted earnings per share were $1.10. See Note 3 to the consolidated financial statements.
* * Before funds held for clients.