Fifth Third Bank 2005 Annual Report Download - page 54

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CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY
Fifth Third Bancorp
52
Accumulated
Other
Common Preferred Capital Retained Comprehensive Treasury
($ in millions, except per share data) Stock Stock Surplus Earnings Income Stock Tota
l
Balance at December 31, 2002 $1,295 9 2,010 5,465 369 (544) 8,604
Net income 1,665 1,665
Other comprehensive income (489) (489)
Comprehensive income 1,176
Cash dividends declared:
Common stock at $1.13 per share (645) (645)
Preferred stock (1) (1)
Shares acquired for treasury (655) (655)
Stock-based compensation expense 110 110
Stock-based awards exercised, including treasury shares issued (136) 233 97
Loans issued related to the exercise of stock-based awards, net (34) (34)
Change in corporate tax benefit related to stock-based compensation 18 18
Other (4) (3) 4 (3)
Balance at December 31, 2003 1,295 9 1,964 6,481 (120) (962) 8,667
Net income 1,525 1,525
Other comprehensive income (49) (49)
Comprehensive income 1,476
Cash dividends declared:
Common stock at $1.31 per share (735) (735)
Preferred stock (1) (1)
Shares acquired for treasury (987) (987)
Stock-based compensation expense 87 87
Restricted stock grants (33) 33 -
Stock-based awards exercised, including treasury shares issued (133) 222 89
Change in corporate tax benefit related to stock-based compensation 11 11
Shares issued in business combinations 36 281 317
Other 2 (1) (1) -
Balance at December 31, 2004 1,295 9 1,934 7,269 (169) (1,414) 8,924
Net income 1,549 1,549
Other comprehensive income (244) (244)
Comprehensive income 1,305
Cash dividends declared:
Common stock at $1.46 per share (810) (810)
Preferred stock (1) (1)
Shares acquired for treasury 97 (1,746) (1,649)
Stock-based compensation expense 65 65
Restricted stock grants (43) 43 -
Stock-based awards exercised, including treasury shares issued (121) 206 85
Loans repaid related to the exercise of stock-based awards, net 11 11
Change in corporate tax benefit related to stock-based compensation 6 6
Shares issued in business combinations 11 85 1,413 1,509
Retirement of shares (11) (208) 219 -
Other 1 1
Balance at December 31, 2005 $1,295 9 1,827 8,007 (413) (1,279) 9,446
See Notes to Consolidated Financial Statements