American Express 2007 Annual Report Download - page 2

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CONSOLIDATED FINANCIAL HIGHLIGHTS
Various forward-looking statements are made in this Annual Report, which generally include the words “believe,” “expect,” “anticipate,” “optimistic,”
“intend,” “plan,” “aim,” “will,” “may,” “should,” “could,” “would,” “likely,” and similar expressions. Certain factors that may affect these forward-looking
statements, including American Express Company’s ability to achieve its goals referred to herein, are discussed on page 63.
(Millions, except per share amounts and employees) 2007 2006 % Inc/(Dec)
Revenues net of interest expense $ 27,731 $ 25,154 10%
Income from continuing operations $ 4,048 $ 3,611 12%
(Loss) Income from discontinued operations $ (36) $ 96 #
Net income $ 4,012 $ 3,707 8%
Diluted earnings per common share
from continuing operations $ 3.39 $ 2.92 16%
Diluted (loss) earnings per common share
from discontinued operations $ (0.03) $ 0.07 #
Diluted earnings per share $ 3.36 $ 2.99 12%
Cash dividends declared per common share $ 0.63 $ 0.57 11%
Book value per common share $ 9.53 $ 8.76 9%
Average common shares outstanding for
diluted earnings per common share 1,196 1,238 (3)%
Total assets $ 149,830 $ 128,329 17%
Shareholders’ equity $ 11,029 $ 10,511 5%
Common share cash dividends declared $ 740 $ 692 7%
Common share repurchases $ 3,572 $ 4,093 (13)%
Return on average equity 37. 3% 34.7%
Number of employees 67,700 65,400 4%
# denotes a variance of more than 100%.
DILUTED EARNINGS PER
SHARE FROM CONTINUING
OPERATIONS
RETURN ON AVERAGE
EQUITY
REVENUES NET OF
INTEREST EXPENSE
(in billions)
AMERICAN EXPRESS COMPANY
20.6%
22.0%
25.4%
34.7%
37.3%
03 04 05 06 07
03 04 05 06 07
$1.75
$2.05
$2.43
$2.92
$3.39
$18.1
$20.4
$22.4
$25.2
$27.7
03 04 05 06 07