Sunoco 2008 Annual Report Download - page 106

Download and view the complete annual report

Please find page 106 of the 2008 Sunoco 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 120

  • 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
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120

Sunoco, Inc. and Subsidiaries
Quarterly Financial and Stock Market Information (Unaudited)
(Millions of Dollars, Except Per-Share Amounts and Common Stock Prices)
2008 2007
First
Quarter
Second
Quarter
Third
Quarter
Fourth
Quarter
First
Quarter
Second
Quarter
Third
Quarter
Fourth
Quarter
Sales and other operating revenue
(including consumer excise taxes) . . . $12,796 $16,061 $16,092 $9,103 $9,135 $10,724 $11,475 $13,136
Gross profit* ....................... $122 $336 $1,148 $794 $371 $1,057 $588 $314
Net income (loss) ................... $(59) $82** $549*** $204$175†† $509 $216 $(9)†††
Net income (loss) per share of
common stock:
Basic ........................... $(.50) $.70 $4.70 $1.75 $1.44 $4.21 $1.82 $(.08)
Diluted .......................... $(.50) $.70 $4.70 $1.74 $1.44 $4.20 $1.81 $(.08)
Cash dividends per share of
common stock .................... $.275 $.30 $.30 $.30 $.25 $.275 $.275 $.275
Common stock price#— high ......... $73.68 $56.90 $49.44 $44.19 $71.88 $86.40 $85.00 $78.80
low.......... $47.93 $36.71 $31.68 $21.30 $56.68 $70.03 $60.69 $62.25
end of period . . $52.47 $40.69 $35.58 $43.46 $70.44 $79.68 $70.78 $72.44
*Gross profit equals sales and other operating revenue less cost of products sold; operating expenses; depreciation, depletion and amortization; and
consumer excise, payroll and other applicable taxes.
**Includes an $11 million after-tax gain related to an insurance recovery and a $10 million after-tax gain related to income tax matters.
***Includes a $10 million after-tax provision for asset write-downs.
Includes a $139 million after-tax provision for asset write-downs, a $16 million after-tax gain related to income tax matters and a $14 million after-tax gain
related to the prior issuance of Sunoco Logistics L.P. limited partnership units.
††Includes a $90 million after-tax gain related to the prior issuance of Sunoco Logistics Partners L.P. limited partnership units.
†††Includes a $32 million after-tax provision for asset write-downs and other matters.
#The Company’s common stock is principally traded on the New York Stock Exchange, Inc. under the symbol “SUN.” The Company had approximately
20,300 holders of record of common stock as of January 30, 2009.
98