Valero 2008 Annual Report Download - page 6

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Financial Summary
[MILLIONS OF DOLLARS, EXCEPT PER SHARE AMOUNTS]
2008
As Reported
2008
Adjusted*
2007
As Reported
OPERATING REVENUES $ 119,114 $ 119,114 $ 95,327
GOODWILL IMPAIRMENT LOSS $ 4,069 $ – $ –
OPERATING INCOME $ 563 $ 4,632 $ 6,918
NET INCOME LOSS $ (1,131) $ 2,879 $ 5,234
EARNINGS LOSS PER COMMON SHARE
ASSUMING DILUTION $ (2.16) $ 5.42 $ 8.88
TOTAL ASSETS $ 34,417 $ 42,722
STOCKHOLDERS’ EQUITY $ 15,620 $ 18,507
CAPITAL EXPENDITURES AND DEFERRED
TURNAROUND AND CATALYST COSTS $ 3,198 $ 2,778
*The data in this column exclude the e ects of our goodwill impairment loss that we recognized in the fourth quarter of 2008. The goodwill impairment loss is
described in Note 8 of the notes to our consolidated  nancial statements for the year ended December 31, 2008.
SUMMARY ANNUAL REPORT
This summary annual report format provides only a  nancial summary. The company’s full, audited  nancial statements
are contained in its Annual Report on Form 10-K for the year ended December 31, 2008, which has been  led with the
SEC and made available to all stockholders. This information is also available at www.valero.com.