Safeway 2000 Annual Report Download - page 3

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1
FINANCIAL HIGHLIGHTS
FOR THE YEAR:
Sales $31,976.9 $28,859.9 $24,484.2
Gross profit 9,494.5 8,510.7 7,124.5
Operating profit 2,281.7 1,997.9 1,601.7
Net income 1,091.9 970.9 806.7
Diluted earnings per share 2.13 1.88 1.59
Capital expenditures (Note 1) 1,755.7 1,485.6 1,189.7
AT YEAR-END:
Common shares outstanding (in millions) (Note 2) 504.1 493.6 490.3
Retail square feet (in millions) 73.6 70.8 61.6
Number of stores 1,688 1,659 1,497
Note 1: Defined in the table on page 16 under “Capital Expenditure Program.”
Note 2: Net of 64.3 million, 65.4 million and 60.6 million shares held in treasury in 2000, 1999 and 1998, respectively.
52 Weeks 52 Weeks 52 Weeks
(Dollars in millions, except per-share amounts) 2000 1999 1998
96 97 98 99 00
DILUTED EARNINGS
PER SHARE
(Before extraordinary loss)
$2.13
$1.88
$1.59
$1.25
$0.97
$2.50
2.00
1.50
1.00
0.50
96 97 98 99 00
OPERATING
CASH FLOW*
(% of sales)
9.76%
9.35%
8.75%
7.70%
7.18%
10%
8.75%
7.5%
6.25%
5%
96
6.83x
97 98 99 00
*Defined on page 21
INTEREST
COVERAGE RATIO*
7.45x
7.18x
6.94x
9.11x
10x
8x
6x
4x
2x