1、2013 ANNUAL REPORTVISIBLE GROWTHPerformance Highlights(dollars in millions,except per share data)Year Ended December 31 2013 2012 2011FINANCIAL HIGHLIGHTSRevenues$16,054$17,078$16,888Income Attributable to Common Stock 2,1881,925 4,508Diluted Net Income per Common Share 5.504.9211.47Adjusted Earning
2、s*3,1703,7674,651Adjusted Earnings per Diluted Common Share*7.929.4811.83Net Cash Provided by Operating Activities 9,8358,5049,953Changes in Operating Assets and Liabilities (81)1,741281Cash from Operations Before Changes inOperating Assets and Liabilities*$9,754$10,245$10,234Total Assets$61,637$60,
3、737$52,051Long-term Debt 9,67211,3556,785Total Equity 35,39331,33128,993Dividends Declared per Common Share 0.800.680.60OPERATIONAL HIGHLIGHTSTotal Capital Expenditures$12,047$14,608$11,793(including acquisitions,gas gathering,transmission and processing facilities and capitalized interest)Natural G
4、as Production(MMcf/d)2,0972,2932,262Oil and NGL Production(Mbbls/d)411396 371Proved Reserves(MMboe)2,646 2,852 2,990*Non-GAAP Financial Measure:This Annual Report discusses Apaches cash from operations before changes in operating assets and liabilities.Management believes the information is useful f
5、or investors because it is used internally and widely accepted by those following the oil and gas industry as a financial indicator of the companys ability to generate cash to internally fund exploration and development activities,fund dividend programs and service debt.It is also used by research a
6、nalysts to value and compare oil and gas exploration and production companies,and is frequently included in published research when providing investment recommendations.Cash from operations before changes in operating assets and liabilities,therefore,is an additional measure of liquidity but is not