E-Z-GO 2003 Annual Report Download - page 5

Download and view the complete annual report

Please find page 5 of the 2003 E-Z-GO annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 76

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76

3
As a multi-industry
company of powerful
aerospace and indus-
trial manufacturing
brands supported by a
commercial finance
company, we will
deliver exceptional
shareholder value by
building world-class
competencies in enter-
prise management and
portfolio management.
(Dollars in millions, except per share amounts) 2003 2002
(1)
Revenues $ 9,859 $ 10,350
Segment profit(2) $ 762 $ 898
Segment profit margin(2) 7.7% 8.7%
Income from continuing operations(3) $ 401 $ 566
Free cash flow(4) $ 483 $ 314
Return on invested capital (ROIC)(5) 8.6% 9.4%
(1)
Diluted earnings per share:
From continuing operations(7) $ 2.05 $ 2.62
From continuing operations before special items(6) $ 2.78 $ 3.20
Dividends per share $ 1.30 $ 1.30
Footnotes to this table can be found on the inside back cover of this annual report.
We will deliver exceptional shareholder value by building world-class competencies in:
Enterprise management managing our businesses to generate high returns on invested capi-
tal through a focus on customers, people and process
Portfolio management identifying, selecting, acquiring and integrating the right mix of busi-
nesses that will drive higher performance while benefiting from our enterprise management
capabilities