Avon 2003 Annual Report Download - page 79

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98
Eleven-Year Review
eleven-year review
In millions, except per share and employee data
2003(3) 2002(4) 2001(5) 2000
Income data
Net sales $6,804.6 $6,170.6 $ 5,957.8 $5,681.7
Other revenue(1) 71.4 57.7 42.5 40.9
Total revenue 6,876.0 6,228.3 6,000.3 5,722.6
Operating profit(2) 1,042.8 863.5 763.2 789.9
Interest expense 33.3 52.0 71.1 84.7
Income from continuing operations before taxes, minority interest
and cumulative effect of accounting changes 993.5 835.6 689.7 692.2
Income from continuing operations before minority interest and
cumulative effect of accounting changes 674.6 543.3 449.4 490.0
Income from continuing operations before cumulative effect
of accounting changes 664.8 534.6 444.9 485.8
(Loss) income from discontinued operations, net ————
Cumulative effect of accounting changes, net —— (.3)(7) (6.7)(8)
Net income $ 664.8 $ 534.6 $ 444.6 $ 479.1
Earnings (loss) per share–basic (10) (11)
Continuing operations $ 2.82 $ 2.26 $ 1.88 $ 2.04
Discontinued operations ————
Cumulative effect of accounting changes —— — (.03)
Net income $ 2.82 $ 2.26 $ 1.88 $ 2.01
Earnings (loss) per share–diluted (10) (11) (12)
Continuing operations $ 2.78 $ 2.22 $ 1.85 $ 2.02
Discontinued operations ————
Cumulative effect of accounting changes —— — (.03)
Net income $ 2.78 $ 2.22 $ 1.85 $ 1.99