Albertsons 2006 Annual Report Download - page 47

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SUPERVALU INC. and Subsidiaries
FIVE YEAR FINANCIAL AND OPERATING SUMMARY
2006 2005 2004 2003 2002
Statement of Earnings Data (a)
Net sales $19,863,599 $19,543,240 $20,209,679 $19,160,368 $20,293,040
Cost of sales 16,977,352 16,681,472 17,372,429 16,567,397 17,704,197
Selling and administrative expenses 2,446,634 2,228,944 2,220,329 2,020,110 2,037,771
Gain on sale of WinCo Foods, Inc. — (109,238) — — —
Restructure and other charges 4,455 26,416 15,523 2,918 46,300
Operating earnings 435,158 715,646 601,398 569,943 504,772
Interest, net 106,010 114,782 146,518 161,939 172,774
Earnings before income taxes 329,148 600,864 454,880 408,004 331,998
Provision for income taxes 122,979 215,041 174,742 150,962 133,672
Net earnings 206,169 385,823 280,138 257,042 198,326
Net earnings per common share—basic 1.52 2.86 2.09 1.92 1.49
Net earnings per common share—diluted 1.46 2.71 2.01 1.86 1.47
Balance Sheet Data (a)
Inventories (FIFO) (b) $ 1,114,164 $ 1,180,602 $ 1,214,122 $ 1,194,791 $ 1,178,817
Working capital (b) 821,335 643,477 361,394 288,572 36,031
Net property, plant and equipment 1,968,872 2,190,888 2,126,429 2,209,046 2,197,425
Total assets 6,038,271 6,273,962 6,161,771 5,896,245 5,796,249
Long-term debt (c) 1,405,971 1,578,867 1,633,721 2,019,658 1,875,873
Stockholders’ equity 2,619,453 2,510,561 2,209,574 2,009,240 1,899,138
Other Statistics (a)
Net earnings as a percent of net sales 1.04% 1.97% 1.39% 1.34% 0.98%
Return on average stockholders’ equity 7.95% 16.24% 13.29% 12.97% 10.70%
Book value per common share $ 19.20 $ 18.53 $ 16.40 $ 15.03 $ 14.29
Current ratio (b) 1.55:1 1.40:1 1.20:1 1.19:1 1.02:1
Debt to capital ratio (d) 36.7% 40.1% 46.7% 51.8% 54.3%
Dividends declared per common share $ 0.64 $ 0.60
1
⁄
4
$ 0.57
3
⁄
4
$ 0.56
3
⁄
4
$ 0.55
3
⁄
4
Weighted average common shares
outstanding—basic 136,077 135,003 133,975 133,730 132,940
Weighted average common shares
outstanding—diluted 145,699 144,924 143,236 142,695 136,405
Depreciation and amortization $ 310,678 $ 303,039 $ 301,589 $ 297,056 $ 340,750
Capital expenditures (e) $ 365,332 $ 325,688 $ 371,464 $ 439,438 $ 388,658
Net cash provided by operating activities $ 674,057 $ 791,566 $ 846,826 $ 583,510 $ 702,964
Net cash used in investing activities $ (258,476) $ (161,814) $ (271,604) $ (330,623) $ (235,129)
Net cash used in financing activities $ (193,397) $ (457,793) $ (312,454) $ (235,870) $ (466,060)
F-2