Safeway 1997 Annual Report Download - page 27

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Retained
Additional Cumulative Earnings Unexercised Total
Common Stock Paid-in Translation (Accumulated Treasury Stock Warrants Stockholders’
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(In millions) Shares Amount Capital Adjustments Deficit) Shares Cost Purchased Equity
Balance, year-end 1994 419.2 $4.2 $ 652.4 $ 29.1 $ (41.9) $ 643.8
Options and warrants
exercised 8.0 – 29.4 – – 29.4
Stock bonuses 0.2 – 1.0 – – 1.0
Unexercised warrants
purchased – – – – – $(196.2) (196.2)
Net income – – – – 326.3 – 326.3
Translation adjustments – – – (8.8) – – (8.8)
Balance, year-end 1995 427.4 4.2 682.8 20.3 284.4 (196.2) 795.5
Options and warrants
exercised 15.4 0.2 64.3 – – – 64.5
Stock bonuses – – 1.0 – – – 1.0
Unexercised warrants
purchased – – – – – (126.5) (126.5)
Net income – – – – 460.6 – 460.6
Translation adjustments – – – (8.3) – – (8.3)
Balance, year-end 1996 442.8 4.4 748.1 12.0 745.0 (322.7) 1,186.8
Shares issued
for acquisition of
The Vons Companies, Inc. 83.2 0.8 1,692.2 – – – 1,693.0
Equity in Vons’ pre-merger
earnings due to timing
of recording earnings – – – – 12.6 – 12.6
Treasury stock purchased – – – – – (64.0) $(1,376.0) – (1,376.0)
Options and warrants
exercised 11.4 0.1 26.8 – – 2.8 59.4 – 86.3
Stock bonuses – – 0.3 – – – – – 0.3
Net income – – – – 557.4 – – – 557.4
Translation adjustments – – – (11.4) – – (11.4)
Balance, year-end 1997 537.4 $5.3 $2,467.4 $ 0.6 $1,315.0 (61.2) $(1,316.6) $(322.7) $ 2,149.0
See accompanying notes to consolidated financial statements.
SAFEWAY INC. AND SUBSIDIARIES
Consolidated Statements of Stockholders’ Equity
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