Sunoco 2007 Annual Report Download - page 72

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Selected Financial Data
(Millions of Dollars or Shares, Except Per-Share Amounts) 2007 2006 2005 2004 2003
Statement of Income Data:
Sales and other operating revenue
(including consumer excise taxes) $44,470 $38,636 $33,754 $25,468 $17,969
Net income* $891 $979 $974 $605 $312
Per-Share Data**:
Net income:
Basic $7.44 $7.63 $7.13 $4.08 $2.03
Diluted $7.43 $7.59 $7.08 $4.04 $2.01
Cash dividends on common stock*** $1.075 $.95 $.75 $.575 $.5125
Balance Sheet Data:
Cash and cash equivalents $648 $263 $919 $405 $431
Total assets $12,426 $10,982 $9,931 $8,079 $7,053
Short-term borrowings and current portion
of long-term debt $4 $282 $177 $103 $103
Long-term debt $1,724 $1,705 $1,234 $1,379 $1,498
Shareholders’ equity $2,533 $2,075 $2,051 $1,607 $1,556
Outstanding shares of common stock** 117.6 121.3 133.1 138.7 150.8
Shareholders’ equity per outstanding share** $21.54 $17.11 $15.41 $11.59 $10.32
* Includes an after-tax gain related to the prior issuance of Sunoco Logistics Partners L.P. limited partnership units totaling $90 million in 2007, after-tax gains related to income
tax matters totaling $18 and $18 million in 2005 and 2004, respectively, an after-tax gain associated with a retail marketing divestment program in the Midwest totaling $9
million in 2003, an after-tax loss associated with a phenol supply contract dispute totaling $56 million in 2005, after-tax provisions for asset write-downs and other matters
totaling $32, $8 and $32 million in 2007, 2004 and 2003, respectively, and an after-tax loss from early extinguishment of debt totaling $34 million in 2004. (See Notes 2, 3, 4
and 12 to the consolidated financial statements.)
** Share and per-share data presented for all periods reflect the effect of a two-for-one stock split, which was effected in the form of a common stock dividend distributed on
August 1, 2005. (See Note 16 to the consolidated financial statements.)
*** The Company increased the quarterly cash dividend paid on common stock from $.125 per share ($.50 per year) to $.1375 per share ($.55 per year) beginning with the fourth
quarter of 2003 and then to $.15 per share ($.60 per year) beginning with the third quarter of 2004, to $.20 per share ($.80 per year) beginning with the second quarter of 2005,
to $.25 per share ($1.00 per year) beginning with the second quarter of 2006, to $.275 per share ($1.10 per year) beginning with the second quarter of 2007 and to $.30 per
share ($1.20 per year) beginning with the second quarter of 2008.
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