World Fuel Services 2002 Annual Report Download - page 72

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Information concerning our operations by business segment is as follows (in thousands):
For the Nine Months
Ended December 31, For the Year Ended March 31,
2002 2001 2002 2001 2000
(Unaudited)
Revenue:
Marine fuel services 1,026,162$ 727,035$ 983,986$ 1,004,572$ 738,557$
Aviation fuel services 520,735 286,746 381,079 524,670 461,740
Total 1,546,897$ 1,013,781$ 1,365,065$ 1,529,242$ 1,200,297$
Income from operations:
Marine fuel services 9,932$ 11,288$ 14,964$ 13,161$ 7,516$
Aviation fuel services 14,103 8,950 13,709 11,790 4,440
Corporate overhead (10,249) (5,332) (7,384) (10,799) (5,038)
Total 13,786$ 14,906$ 21,289$ 14,152$ 6,918$
Depreciation and amortization:
Marine fuel services 911$ 194$ 478$ 822$ 923$
Aviation fuel services 169 184 242 435 528
Corporate 1,142 918 1,219 1,093 979
Total 2,222$ 1,296$ 1,939$ 2,350$ 2,430$
Capital expenditures:
Marine fuel services 540$ 183$ 837$ 1,276$ 211$
Aviation fuel services 180 184 218 251 240
Corporate 2,035 611 381 1,157 1,409
Total 2,755$ 978$ 1,436$ 2,684$ 1,860$
A
s o
f
December 31, March 31, March 31,
2002 2002 2001
Accounts and notes receivable, net:
Marine fuel services, net of allowance for bad debts of
$5,319 at December 31, 2002, $5,217 at March 31, 2002,
and $5,157 at March 31, 2001 118,548$ 100,912$ 77,898$
Aviation fuel services, net of allowance for bad debts of
$5,793 at December 31, 2002, $5,795 at March 31, 2002,
and $6,010 at March 31, 2001 58,812 31,674 47,965
Total 177,360$ 132,586$ 125,863$
Goodwill, identifiable intangible asset, and investment goodwill:
Marine fuel services, net of accumulated amoritzation of
$2,798 at December 31, 2002, $2,522 at March 31, 2002,
and $2,430 at March 31, 2001 30,123$ 30,399$ 19,246$
Aviation fuel services, net of accumulated amortization
of $1,134 for each period presented 8,209 8,209 8,256
Total 38,332$ 38,608$ 27,502$
Total assets:
Marine fuel services 187,155$ 170,561$ 114,424$
Aviation fuel services 108,999 69,736 78,448
Corporate, including discontinued operation assets of
$1,750 at March 31, 2001 16,133 17,626 29,293
312,287$ 257,923$ 222,165$
Page 64 of 70