
Merrill: Confidence...


| Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
| Sales | 7.65B | 5.64B | 4.49B | 4.24B |
| Cost of Sales | 4.92B | 3.85B | 3.08B | 2.87B |
| Gross Operating Profit | 2.73B | 1.79B | 1.41B | 1.37B |
| Selling, General, and Administrative Expenses | 1.79B | 1.10B | 710.20M | 719.20M |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income before D & A (EBITDA) | 944.10M | 694.60M | 699.00M | 654.80M |
| Depreciation & Amortization | 319.00M | 194.40M | 156.40M | 155.50M |
| Interest Income | 12.00M | 0.00 | 0.00 | 0.00 |
| Other Income - Net | -89.60M | -14.20M | -45.20M | -7.50M |
| Special Income / Charges | -1.89B | 0.00 | 0.00 | 0.00 |
| Total Income Before Interest Expenses (EBIT) | -1.49B | 433.20M | 505.00M | 484.80M |
| Interest Expense | 384.70M | 217.10M | 161.60M | 154.90M |
| Pre-Tax Income | -1.87B | 216.10M | 343.40M | 329.90M |
| Income Taxes | -261.90M | 67.00M | 87.50M | 85.60M |
| Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing Operations | -1.61B | 149.10M | 255.90M | 244.30M |
| Net Income From Discontinued Operations | 199.80M | 0.00 | 0.00 | 0.00 |
| Net Income From Total Operations | -1.41B | 149.10M | 255.90M | 244.30M |
| Extraordinary Income/Losses | 0.00 | 0.00 | 0.00 | 0.00 |
| Income From Cum. Effect of Acct. Change | 0.00 | 0.00 | 0.00 | 0.00 |
| Income From Tax Loss Carryforward | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Gains / Losses | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Net Income | -1.41B | 149.10M | 255.90M | 244.30M |
| Normalized Income (Net Income From Continuing Operations, Ex. Special Income / Charge) |
424.70M | 201.90M | 248.30M | 251.30M |
| Preferred Dividends | ||||
|---|---|---|---|---|
| Net Income Available To Common | -1.61B | 149.10M | 255.90M | 244.30M |
| Basic EPS from Continuing Ops. | -8.35 | 0.89 | 1.61 | 1.54 |
| Basic EPS from Discontinued Ops. | 1.04 | 0.00 | 0.00 | 0.00 |
| Basic EPS from Total Operations | -7.31 | 0.89 | 1.61 | 1.54 |
| Basic EPS from Extraordinary Inc. | 0.00 | 0.00 | 0.00 | 0.00 |
| Basic EPS from Cum Effect of Accounting Change | 0.00 | 0.00 | 0.00 | 0.00 |
| Basic EPS from Tax Loss Carryf'd. | 0.00 | 0.00 | 0.00 | 0.00 |
| Basic EPS from Other Gains (Losses) | 0.00 | 0.00 | 0.00 | 0.00 |
| Basic EPS, Total | -7.31 | 0.89 | 1.61 | 1.54 |
| Basic Normalized Net Income/Share | 2.20 | 1.21 | 1.56 | 1.58 |
| EPS fr Continuing Ops. | -8.35 | 0.80 | 1.44 | 1.35 |
| EPS fr Discontinued Ops | 1.04 | 0.00 | 0.00 | 0.00 |
| EPS fr Total Ops. | -7.31 | 0.80 | 1.44 | 1.35 |
| EPS fr Extraord. Inc. | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS fr Cum Effect of Accounting Change | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS fr Tax Loss Carfd. | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS fr Other Gains (L) | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS, Total | -7.31 | 0.80 | 1.44 | 1.35 |
| Diluted Normalized Net Inc/Shr (Net Income From Continuing Operations, Ex. Special Income / Charge) |
2.20 | 1.08 | 1.40 | 1.39 |
| Dividends Paid per Share | 0.52 | 0.52 | 0.50 | 0.48 |