Dow Chemical 2009 Annual Report Download - page 3

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2009 Annual Report 1
1.50
0.60
1.68
4.35
1.34
Total Sales
$46,644
Basics Portfolio
$16,633
Basic Plastics
$9,925
Basic Chemicals
$2,467
Hydrocarbons and Energy
$4,241
Performance Portfolio
$28,916
Electronic and Specialty Materials
$4,614
Coatings and Infrastructure
$4,788
Health and Agricultural Sciences
$4,537
Performance Systems
$5,854
Performance Products
$9,123
Corporate: $1,095
Net Income from
Continuing Operations
(dollars in millions)
Per Share Data
(dollars)
05
Earnings – Excluding Certain Items
and Discontinued Operations2
Earnings – Diluted
Dividends Declared
Net Sales
(dollars in millions)
05
46,186
06
49,009
07
53,375
08
57,361
09
44,875
05
4,594
06
3,796
07
2,962
08
626
09
566
4.62
3.82
06
4.23
2.99
07
3.74
1.635
0.62
08
1.79
0.32
09
0.63
Financial Highlights
2009 2008
Pro Forma1 Net Sales (dollars in millions) $46,644 $66,924
Net Income from Continuing Operations (dollars in millions) $566 $626
Earnings per Share – Diluted, Excluding Certain Items and
Discontinued Operations2
$0.63 $1.79
Dividends Declared per Share $0.60 $1.68
Debt-to-Capital Ratio 51% 46%
2009 Pro Forma1 Sales by Operating Segment (dollars in millions)
1
The pro forma historical information reflects the combination of Dow and Rohm and Haas Company, assuming the acquisition had been consummated on January 1, 2008, and the
treatment of the sale of Dow’s Calcium Chloride business as discontinued operations.
2 A reconciliation to the most directly comparable U.S. GAAP measure is provided on the Internet at www.dow.com in the Financial Reports page of the Investor Relations section.
The forward-looking statements contained in this document involve risks and uncertainties that may affect the Company's operations, markets, products, services, prices and other factors
as discussed more fully elsewhere and in filings with the U.S. Securities and Exchange Commission. These risks and uncertainties include, but are not limited to, economic, competitive, legal,
governmental and technological factors. Accordingly, there is no assurance that the Company's expectations will be realized. The Company assumes no obligation to provide revisions to
any forward-looking statements should circumstances change, except as otherwise required by securities and other applicable laws. References to "Dow" or the "Company" mean The Dow
Chemical Company and its consolidated subsidiaries, unless otherwise expressly noted.