Sunoco 2003 Annual Report Download - page 3

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1
Financial Highlights
(Dollars and shares in millions,
except per share amounts) 2003 2002 2001 2000 1999
Operating Results
Sales and other operating revenue $17,866 $14,299 $14,063 $14,514 $10,045
Net income (loss) $312 $(47) $398 $422 $97
Net cash provided by operating activities $993 $547 $779 $778 $499
Capital program (including acquisitions) $785 $439 $1,039 $465 $410
Dividends paid $79 $76 $82 $87 $90
Share repurchases $136 $— $393 $144 $19
Financial Position, Year End
Total assets $6,922 $6,441 $6,019 $5,537 $5,289
Total debt $1,453 $1,455 $1,444 $935 $1,029
Shareholders’ equity $1,556 $1,394 $1,642 $1,702 $1,506
Capital employed $3,009 $2,849 $3,086 $2,637 $2,535
Per Share Data
Net income (loss) — diluted $4.03 $(.62) $4.85 $4.82 $1.07
Cash dividends on common stock $1.025* $1.00 $1.00 $1.00 $1.00
Shareholders’ equity $20.64 $18.24 $21.74 $20.06 $16.76
Market price of common stock at December 31 $51.15 $33.18 $37.34 $33.69 $23.50
Other Data, Year End
Return on average capital employed
(based on net income (loss)) 13.0% 0.9% 15.4% 18.1% 6.0%
Shares outstanding 75.4 76.4 75.5 84.8 89.9
Number of employees 14,900 14,000 14,200 12,300 11,300
*Commencing with the fourth quarter of 2003, the Company increased the quarterly dividend paid on common stock
from $.25 per share ($1.00 per year) to $.275 per share ($1.10 per year).