Proctor and Gamble 2006 Annual Report Download - page 2

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Contents
Letter to Shareholders 2
Capability &Opportunity 7
P&G’s Billion-Dollar Brands 16
Financial Contents 21
Corporate Officers 64
Board of Directors 65
Shareholder Information 66
11-Year Financial Summary 67
P&GataGlance 68
Financial Highlights
FINANCIAL SUMMARY (UNAUDITED)
Amounts in millions, except per share amounts; Years ended June 30 2006 2005 2004 2003 2002
Net Sales $68,222 $56,741 $51,407 $43,377 $40,238
Operating Income 13,249 10,469 9,382 7,312 6,073
Net Earnings 8,684 6,923 6,156 4,788 3,910
Net Earnings Margin 12.7% 12.2% 12.0% 11.0% 9.7%
Basic Net Earnings Per Common Share $2.79 $ 2.70 $ 2.34 $ 1.80 $ 1.46
Diluted Net Earnings Per Common Share 2.64 2.53 2.20 1.70 1.39
Dividends Per Common Share 1.15 1.03 0.93 0.82 0.76
NET SALES
(in billions of dollars)
04
4
0
4 4
006
68.2
0
40
DILUTED NET EARNINGS
(per common share)
040
0
006
2.64
0
0
OPERATING CASH FLOW
(in billions of dollars)
040
4
06
11.4
0 0