Chevron 2005 Annual Report Download - page 6

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Millions of dollars, except per-share amounts 2005 2004 % Change
Net income $ 14,099 $ 13,328 6 %
Sales and other operating revenues $ 193,641 $ 150,865 28 %
Capital and exploratory expenditures* $ 11,063 $ 8,315 33 %
Total assets at year-end $ 125,833 $ 93,208 35 %
Total debt at year-end $ 12,870 $ 11,272 14 %
Stockholders’ equity at year-end $ 62,676 $ 45,230 39 %
Cash provided by operating activities $ 20,105 $ 14,690 37 %
Common shares outstanding at year-end (Thousands) 2,218,519 2,092,952 6 %
Per-share data
Net income – diluted $ 6.54 $ 6.28 4 %
Cash dividends $ 1.75 $ 1.53 14 %
Stockholders’ equity $ 28.25 $ 21.61 31 %
Common stock price at year-end $ 56.77 $ 52.51 8 %
Total debt to total debt-plus-equity ratio 17.0% 19.9%
Return on average stockholders’ equity 26.1% 32.7%
Return on capital employed (ROCE) 21.9% 25.8%
*Includes equity in affi liates
CHEVRON FINANCIAL HIGHLIGHTS
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CAPITAL & EXPLORATORY
EXPENDITURES*
Billions of dollars
Capital and exploratory expendi-
tures increased 33 percent from
2004. Years 2001 and 2002 were
higher due to additional investments
in equity affiliates Tengizchevroil
and Dynegy Inc.
*Includes equity in affiliates but
excludes cost of Unocal acquisition
Chemicals & Other
Refining, Marketing & Transportation
Exploration & Production
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