Union Pacific 2001 Annual Report Download - page 24

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TEN-YEAR FINANCIAL SUMMARY[a]
22
Millions of Dollars,
Except Per Share Amounts and as Indicated 2001 2000[b] 1999 1998[c] 1997 1996
For the Year
Operating Revenue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $11,973 $11,878 $11,237 $10,514 $11,079 $ 8,786
Operating Income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,072 1,903 1,804 (171) 1,144 1,432
Income from Continuing Operations . . . . . . . . . . . . 966 842 783 (633) 432 733
Net Income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 966 842 810 (633) 432 904
Per Share – Basic:
Income from Continuing Operations . . . . . . . . . 3.90 3.42 3.17 (2.57) 1.76 3.38
Net Income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3.90 3.42 3.28 (2.57) 1.76 4.17
Per Share – Diluted:
Income from Continuing Operations . . . . . . . . . 3.77 3.34 3.12 (2.57) 1.74 3.36
Net Income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3.77 3.34 3.22 (2.57) 1.74 4.14
Dividends Per Share . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.80 0.80 0.80 0.80 1.72 1.72
Operating Cash Flow . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,992 2,053 1,869 565 1,600 1,657
At Year-End
Tot a l Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $31,551 $30,917 $30,192 $29,590 $28,860 $27,990
Total Debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8,080 8,351 8,640 8,692 8,518 8,027
Common Shareholders’ Equity . . . . . . . . . . . . . . . . . . . 9,575 8,662 8,001 7,393 8,225 8,225
Equity Per Common Share . . . . . . . . . . . . . . . . . . . . . . . . 38.26 35.09 32.29 29.88 33.30 33.35
Additional Data
Rail Commodity Revenue . . . . . . . . . . . . . . . . . . . . . . . . . $10,391 $10,270 $ 9,851 $ 9,072 $ 9,712 $ 7,419
Trucking Revenue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,143 1,113 1,062 1,034 946 961
Rail Carloads (thousands) . . . . . . . . . . . . . . . . . . . . . . . . . 8,916 8,901 8,556 7,998 8,453 6,632
Trucking Shipments (thousands) . . . . . . . . . . . . . . . . . 7,981 7,495 7,708 7,789 7,506 8,223
Rail Operating Ratio (%) . . . . . . . . . . . . . . . . . . . . . . . . . . 80.7 82.3 82.0 95.4 87.4 79.1
Trucking Operating Ratio (%)[f] . . . . . . . . . . . . . . . . . 95.3 95.2 98.1 94.8 96.8 104.9
Average Number of Employees (thousands) . . . . 60.4 61.8 64.2 65.1 65.6 54.8
Revenue Per Employee (thousands) . . . . . . . . . . . . . . 198.2 192.2 175.0 161.5 168.9 160.3
Financial Ratios (%)
Debt to Capital Employed . . . . . . . . . . . . . . . . . . . . . . . . . 42.2 45.1 47.6 49.4 50.9 49.4
Return on Avg. Common Shareholders’ Equity . . 10.6 10.1 10.5 (8.1) 5.3 12.4
[a] Data included the effects of the acquisitions of Motor Cargo as of
November 30, 2001, Southern Pacific Rail Corporation as of October 1,
1996, Chicago and North Western Transportation Company as of May 1,
1995 and Skyway Freight Systems, Inc. as of May 31, 1993, and reflects the
disposition of the Corporation’s natural resources subsidiary in 1996 and
waste management subsidiary in 1995 and Skyway Freight Systems in 1998.
[b] 2000 operating income and net income included $115 million pre-tax
($72 million after-tax) work force reduction charge (see note 15 to the
Consolidated Financial Statements in Form 10-K).
[c] 1998 operating loss and net loss included a $547 million pre- and after-
tax charge for the revaluation of Overnite goodwill.
Union Pacific Corporation and Subsidiary Companies
[d] 1994 net income included a net after-tax loss of $404 million from
the sale of the Corporation’s waste management operations.
[e] 1993 net income included a net after-tax charge for the adoption of
changes in accounting methods for income taxes, postretirement benefits
other than pensions and revenue recognition, and a one-time charge for
the deferred tax effect of the Omnibus Budget Reconciliation Act of 1993.
[f] Excluded goodwill amortization in all years, and the revaluation of
goodwill in 1998.