金宝汤公司Campbell Soup Company (CPB) 2008年年度报告「NYSE」.pdf

1、campbell soup company2008 Annual ReportFocused to Win20082007(millions of dollars,except per share amounts)53 Weeks52 WeeksResults of OperationsNet sales$7,998$7,385Gross profit$3,171$3,001Percent of sales39.6%40.6%Earnings before interest and taxes$1,098$1,243Earnings from continuing operations$671

2、$792Per sharediluted$1.76$2.00Earnings from discontinued operations$494$62Per sharediluted$1.30$0.16Net earnings$1,165$854Per sharediluted$3.06$2.16Other InformationNet cash provided by operating activities$766$674Capital expenditures$298$334Dividends per share$0.88$0.80The 2008 Earnings from contin

3、uing operations were impacted by the following:a$107($.28 per share)restructuring chargeand related costs associated with initiatives to improve operational efficiency and long-term profitability and a$13($.03 pershare)benefit from the favorable resolution of a tax contingency.The 2008 results of di

4、scontinued operations included a$462($1.21 per share)gain from the sale of the Godiva Chocolatier business.The 2007 Earnings from continuing operations were impacted by the following:a$13($.03 per share)benefit from the reversalof legal reserves due to favorable results in litigation;a$25($.06 per s

5、hare)benefit from a tax settlement of bilateral advancepricing agreements;and a$14($.04 per share)gain from the sale of an idle manufacturing facility.The 2007 results ofdiscontinued operations included a$24($.06 per share)gain from the sale of the businesses in the United Kingdom andIreland and$7($

6、.02 per share)tax benefit from the resolution of audits in the United Kingdom.See page 7 for a reconciliation of the impact of these items on reported results.Financial Highlights1campbell soup companyAt Campbell,we believe the key tosustainable success,more than ever,isfocus:on core strengths,major