Avnet 2001 Annual Report Download - page 58

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5656
Avnet, Inc. and Subsidiaries
Notes to Consolidated Financial Statements (Continued)
June 29, June 30, July 2,
Years Ended 2001 2000 1999
(In millions)
Sales:
Electronics Marketing $ 8,286.6 $ 7,105.2 $ 5,113.3
Computer Marketing 2,855.6 2,139.4 1,692.4
Avnet Applied Computing 1,671.8 670.4 —
$12,814.0 $9,915.0 $6,805.7
Operating income:
Electronics Marketing $ 532.3 $ 421.7 $ 275.1
Computer Marketing 86.4 57.9 51.0
Avnet Applied Computing 63.9 20.5 —
Corporate and special charges (428.9) (132.1) (143.6)
$ 253.7 $ 368.0 $ 182.5
Assets:
Electronics Marketing $ 3,211.9 $3,338.5 $ 1,789.6
Computer Marketing 880.6 839.9 572.6
Avnet Applied Computing 423.8 226.8 —
Corporate 1,347.8 1,529.2 1,201.2
$ 5,864.1 $5,934.4 $3,563.4
Capital expenditures:
Electronics Marketing $ 83.1 $ 42.5 $ 52.7
Computer Marketing 20.3 14.4 10.1
Avnet Applied Computing 4.0 1.7 —
Corporate 18.0 33.9 16.3
$ 125.4 $ 92.5 $ 79.1
Depreciation & amortization expense:
Electronics Marketing $ 45.3 $ 30.3 $ 19.6
Computer Marketing 14.6 10.4 8.7
Avnet Applied Computing 1.0 .1 —
Corporate 58.5 42.7 29.1
$ 119.4 $ 83.5 $ 57.4
Sales, by geographic area, are as follows:
Americas $ 8,746.0 $7,420.9 $5,344.2
EMEA (Europe, Middle East and Africa) 3,511.6 2,055.9 1,241.2
Asia/Pacific 556.4 438.2 220.3
$12,814.0 $9,915.0 $6,805.7
Assets, by geographic area, are as follows:
Americas $ 3,946.0 $4,486.9 $2,895.0
EMEA (Europe, Middle East and Africa) 1,532.8 1,165.8 535.5
Asia/Pacific 385.3 281.7 132.9
$ 5,864.1 $5,934.4 $3,563.4
The above segment data includes the operations of Kent which are included primarily in the EM and CM data in all periods presented.