金宝汤公司Campbell Soup Company (CPB) 2006年年度报告「NYSE」.pdf

1、1 Campbell Place,Camden,NJ 08103-1799 Campbell Soup Company 2006 Annual ReportCampbell Soup Company 2006 Annual Report On the moveIn 2006,our Company is On trend,On target&On demandOur Quality Growth Strategies1 Expand our icon brands within Simple Meals and Baked Snacks.2 Trade consumers up to high

2、er levels of satisfaction centered on convenience,wellness,and quality.3 Make our products more broadly available in existing and new markets.4 Increase margins by improving price realization and company-wide productivity.5 Improve overall organizational diversity,engagement,excellence,and agility.F

3、inancial Highlights(millions of dollars,except per share amounts)2006 2005Results of OperationsNet sales$7,343$7,072Gross profi t$3,075$2,897 Percent of sales 41.9%41.0%Earnings before interest and taxes$1,151$1,132Earnings from continuing operations$755$644 Per share diluted$1.82$1.56Earnings from

4、discontinued operations$11$63 Per share diluted$0.03$0.15Net earnings$766$707 Per share diluted$1.85$1.71Other InformationNet cash provided by operating activities$1,226$990Capital expenditures$309$332Dividends per share$0.72$0.68The 2006 Earnings from continuing operations were impacted by the foll

5、owing:a$60($.14 per share)benefi t from the favorable resolution of a U.S.tax contingency;an$8($.02 per share)benefi t from a change in inventory accounting method;incremental tax expense of$13($.03 per share)associated with the repatriation of non-U.S.earnings under the American Jobs Creation Act;a

6、nd a$14($.03 per share)tax benefi t related to higher levels of foreign tax credits,which can be utilized as a result of the sale of the businesses in the United Kingdom and Ireland.The 2006 results of discontinued operations included$56 of deferred tax expense due to book/tax basis differences and$