Alcoa 2006 Annual Report Download - page 2

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%
2006 2005 change
Sales $ 30,379 $ 25,568 19
Income from continuing operations 2,161 1,257 72
Total assets 37,183 33,696 10
Capital expenditures from continuing operations 3,201 2,116 51
Cash provided from continuing operations 2,563 1,644 56
Per common share data:
Basic:
Income from continuing operations 2.49 1.44 73
Net income 2.59 1.41 84
Diluted:
Income from continuing operations 2.47 1.43 73
Net income 2.57 1.40 84
Dividends paid .60 .60 –
Book value * 16.80 15.30 10
Number of shareholders 248,000 271,000 (8)
Average common shares outstanding – basic (000) 868,820 871,721 –
Number of employees 123,000 129,000 (5)
Financial and Operating Highlights
dollars in millions, except per-share amounts
* Book value = (Total shareholders’ equity minus Preferred stock) divided by Common stock outstanding, end of year
Alcoa at a Glance
• Alcoa is the world’s leading producer and
manager of primary aluminum, fabricated
aluminum, and alumina facilities and is
active in all major aspects of the industry.
• Alcoa serves the aerospace, automotive,
packaging, building and construction,
commercial transportation, and industrial
markets, bringing design, engineering,
production, and other capabilities of
Alcoa’s businesses as a single solution to
customers.
• In addition to aluminum products
and components, Alcoa also makes and
markets consumer brands including
Reynolds Wrap®, Alcoa®wheels, and
Baco®household wraps. Among its
other businesses are closures, fastening
systems, precision castings, and electrical
distribution systems for cars and trucks.
• The Company has 123,000 employees
in 44 countries. For more information,
go to www.alcoa.com
Contents
1 Letter to Shareowners
5 Delivering Now…
and Building for the Future
18 News
22 Trends in Major Markets
24 Selected Financial Data
78 Directors
79 Officers
80 Shareowner Information
IBC Vision and Values
Alcoans on the Cover
From top, counter clockwise:
Mark Power, Point Henry, Australia;
Henry Hu, Hangzhou, China; Oscar
Vasquez, Torrance, California, USA;
Helio Leandro Martins, Poços de
Caldas, Brazil; Sharon Brown, Jamaica;
Massimo Pecci, Fusina, Italy
$8.3
$6.2
$5.5
$4.4
$3.2
$2.8
Engineered
Solutions
Extruded
and End
Products
Primary
Metals
Flat-Rolled
Products
Alumina
Packaging
and
Consumer
57%
6%
13%
24%
United
States Europe
Pacific
Other Americas
By Segment
billions
By Geographic Area
percent
2006 Revenues: $30.4 Billion