Albertsons 2007 Annual Report Download - page 68

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SU
PERVAL
U
IN
C
. AND
S
ubsidiarie
s
F
IVE YEAR FINAN
C
IAL AND
O
PERATIN
GSU
MMAR
Y
(
In millions
)
200
7
2006
2005
2004
2003
S
tatement of Earnings Data
(
a
)
N
et sales $37
,
406 $19
,
864 $19
,
543 $20
,
210 $19
,
16
0
C
ost of sales 29
,
267 16
,
977 16
,
681 17
,
373 16
,
567
S
elling and administrative expenses
6
,834 2,448 2,229 2,220 2,020
G
a
i
nonsa
l
eo
f
W
i
nCo Foo
d
s, Inc. — — 109 — —
R
estructure and other char
g
es — 4 26 16 3
O
perating earnings 1,30
5
43
5
716 601
5
7
0
I
nterest, net
55
8 106 11
5
146 16
2
E
arnin
g
s before income taxes 747 329 601 455 408
P
rovision for income taxes 2
9
5 123 215 175 15
1
N
et earnings 4
5
2 206 386 280 2
5
7
N
et earnin
g
s per common share—diluted 2.32 1.46 2.71 2.01 1.8
6
B
alance Sheet Data
(
a
)
I
nventories
(
FIFO
)(
b
)
$ 2,927 $ 1,114 $ 1,181 $ 1,214 $ 1,19
5
W
orkin
g
capital (b) 67 821 643 361 289
P
roperty, plant and equipment, net 8,41
5
1,969 2,191 2,126 2,209
T
otal assets 21
,
702 6
,
153 6
,
274 6
,
162 5
,
89
6
L
on
g
-term debt (c) 9,192 1,406 1,579 1,634 2,020
S
tockholders’ equity
5
,306 2,619 2,
5
11 2,210 2,009
O
ther Statistics
(
a
)
N
et earn
i
ngs as a percent o
f
net sa
l
es 1.21% 1.04% 1.97% 1.39% 1.34%
R
eturn on average stockholders’ equity 9.61% 7.9
5
% 16.24% 13.29% 12.97%
B
ook value
p
er common share $ 25.40 $ 19.20 $ 18.53 $ 16.40 $ 15.0
3
C
urrent ratio
(
b
)
0.99:1 1.51:1 1.40:1 1.20:1 1.19:
1
D
ebt to capital ratio (d) 64.1% 36.7% 40.1% 46.7%
5
1.8%
D
ividends declared
p
er common share $0.6575 $0.6400 $0.6025 $0.5775 $0.567
5
W
ei
g
hted avera
g
e common shares outstandin
g
—diluted 196 146 145 143 143
D
epreciation and amortization
$
879
$
311
$
303
$
302
$
297
C
apital expenditures (e)
$
927
$
365
$
326
$
371
$
43
9
N
et cash provided b
y
operatin
g
activities $ 801 $ 695 $ 801 $ 847 $ 584
N
et cash used in investing activities
$
(2,760)
$
(258)
$
(162)
$
(272)
$
(331)
N
et cash provided by (used in) financing activities
$
1,443
$
(193)
$
(458)
$
(312)
$
(236)
F-
2