Valero 2006 Annual Report Download - page 3

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Please find page 3 of the 2006 Valero 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.

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OPERATING REVENUES $ 91,833 $ 82,162
OPERATING INCOME $ 8,010 $ 5,459
NET INCOME $ 5,463 $ 3,590
EARNINGS PER COMMON SHARE –
ASSUMING DILUTION $ 8.64 $ 6.10
TOTAL ASSETS $ 37,753 $ 32,798
STOCKHOLDERS’ EQUITY $ 18,605 $ 15,050
CAPITAL EXPENDITURES AND DEFERRED
TURNAROUND AND CATALYST COSTS $ 3,756 $ 2,574
2006 2005
(Millions of Dollars, Except per Share Amounts)
S U M M A RY A N N U A L R E P O R T
In an effort to provide shareholders with more effective communications,
Valero Energy Corporation has adopted a summary annual report format, which
provides condensed financial disclosure. The company’s full financial statements
are contained in its Annual Report on Form 10-K for the year ended
December 31, 2006, which is provided to all shareholders.
Best Earnings in Valero’s History
Our Financial Highlights