Alcoa 1999 Annual Report Download - page 3

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1
Financial and Operating Highlights
(dollars in millions, except share amounts)
BY MARKET
25% Transportation
20% Packaging
18% Distribution and Other
13% Aluminum Ingot
13% Building and Construction
11% Alumina and Chemicals
BY COUNTRY
64% U.S.
9% Australia
6% Spain
4% Brazil
3% Germany
14% Other
1999 Revenues: $16.3 Billion
13%
11%
25%
20%
18%
3%
64%
14%
6%
9%
4%
1999 1998 % change
Sales $16,323 $15,340 6
Income from operations 1,296 1,091 19
Net income 1,054 853 24
Per common share:
Basic earnings 2.87 2.44 18
Diluted earnings 2.82 2.42 17
Dividends paid .805 .75 7
Book value 17.03 16.36 4
Total assets 17,066 17,463 (2)
Capital expenditures 920 932 (1)
Cash flow from operations 2,236 2,197 2
Return on average shareholders’ equity 17.2% 16.3% 6
Debt as a percent of invested capital 28% 32% (13)
Interest coverage ratio 8.3 7.4 12
Current assets / liabilities ratio 1.6 to 1 1.5 to 1 –
Price/earnings (P/E) ratio 29.4 15.4 91
Shipments of aluminum products (000 metric tons) 4,478 3,951 13
Number of shareholders 185,000 119,000 55
Average common shares outstanding (000) 366,944 349,114 5
Number of employees 107,700 103,500 4
13%