Union Pacific 2002 Annual Report Download - page 40

14
PART II
Item 5. Market for the Registrant’s Common Equity and Related Shareholder Matters
The common stock of the Corporation is traded on the New York Stock Exchange under the symbol “UNP”. The following
table sets forth, for the quarters indicated, the dividends declared and the high and low sales prices of the Corporation’s
common stock.
2002 - Dollars Per Share Mar. 31 June 30 Sep. 30 Dec. 31
Dividends................................................................................ $0.20 $0.20 $0.20 $0.23
Common stock price:
High ................................................................................... 65.15 64.97 64.87 62.15
Low..................................................................................... 56.01 54.54 53.00 54.95
2001 - Dollars Per Share
Dividends................................................................................ $0.20 $0.20 $0.20 $0.20
Common stock price:
High ................................................................................... 57.10 60.70 58.24 57.50
Low..................................................................................... 48.81 50.00 43.75 44.60
At January 31, 2003, there were 253,834,768 shares of outstanding common stock and approximately 34,184 common
shareholders of record. At that date, the closing price of the common stock on the New York Stock Exchange was $57.06.
The Corporation has paid dividends to its common shareholders during each of the past 103 years. In the fourth quarter of
2002, the Board of Directors voted to increase the quarterly dividends by 15% to 23 cents per share. The Corporation
declared dividends of $210 million in 2002 and $199 million in 2001. The Corporation is subject to certain restrictions
related to the payment of cash dividends. The amount of retained earnings available for dividends under the most restrictive
test was $5.2 billion and $4.1 billion at December 31, 2002 and 2001, respectively.
Item 6. Selected Financial Data
The following table presents, as of and for the years ended December 31, selected financial data for the Corporation for each
of the last 10 years. The selected financial data should be read in conjunction with Management’s Discussion and Analysis
of Financial Condition and Results of Operations, Item 7, and with the Consolidated Financial Statements and notes thereto,
Item 8. The information below is not necessarily indicative of the results of future operations.
Millions of Dollars, Except Per Share Amounts, Ratios and Employee Statistics
2002[b] 2001 2000[c] 1999 1998[d] 1997 1996 1995 1994[e] 1993[f]
For the Year Ended December 31[a]
Operating revenue........................ 12,491 11,973 11,878 11,237 10,514 11,079 8,786 7,486 6,492 6,002
Operating income (loss).............. 2,324 2,072 1,903 1,804 (171) 1,144 1,432 1,242 1,145 1,015
Income (loss) [g].......................... 1,341 966 842 783 (633) 432 733 619 568 412
Net income (loss)........................ 1,341 966 842 810 (633) 432 904 946 546 530
Per share – basic:
Income (loss) [g]..................... 5.32 3.90 3.42 3.17 (2.57) 1.76 3.38 3.02 2.77 2.01
Net income (loss).................... 5.32 3.90 3.42 3.28 (2.57) 1.76 4.17 4.62 2.66 2.59
Per share – diluted:
Income (loss) [g]..................... 5.05 3.77 3.34 3.12 (2.57) 1.74 3.36 3.01 2.76 2.00
Net income (loss).................... 5.05 3.77 3.34 3.22 (2.57) 1.74 4.14 4.60 2.66 2.58
Dividends per share ..................... 0.83 0.80 0.80 0.80 0.80 1.72 1.72 1.72 1.66 1.54
Operating cash flow ..................... 2,250 1,992 2,053 1,869 565 1,600 1,657 1,454 1,079 975
At December 31[a]
Total assets .................................... 32,764 31,551 30,917 30,192 29,590 28,860 27,990 19,500 14,543 13,797
Total debt ...................................... 7,704 8,080 8,351 8,640 8,692 8,518 8,027 6,364 4,479 4,105
Common shareholders’ equity .... 10,651 9,575 8,662 8,001 7,393 8,225 8,225 6,364 5,131 4,885
Equity per common share ........... 41.99 38.26 35.09 32.29 29.88 33.30 33.35 30.96 24.92 23.81