Deere & Co. (DE) 2013财年年度报告「NYSE」.pdf

1、FEET ON THE GROUNDEYES ON THE HORIZONDeere&Company Annual Report 2013Deere&Company One John Deere Place Moline,Illinois 61265(309)765-8000 www.JohnDDEERE&COMPANYANNUAL REPORT 20132013 AR_wrap around cover.indd 112/19/13 3:48 PM2Net Sales and Revenues(MM)201120122013$32,013$36,157$37,795SVA(MM)201120

2、122013$2,527$2,776$3,390Net Income(MM)201120122013$2,800$3,065$3,537*Net income attributable to Deere&Company.About the Cover“Feet on the Ground,Eyes on the Horizon”describes our approach to doing business.Feet on the ground means maintaining focus on operational excellence and delivering quality pr

3、oducts and services for customers like Helmut Seitz(pictured)of Guarapuava,Paran,Brazil.Eyes on the horizon refers to expanding our market presence and pursuing attractive growth opportunities around the world.FEET ON THE GROUNDDividends Declared(U.S.dollars per share)Net sales and revenues grew 5%i

4、n 2013,helped by higher sales of agricultural equipment and increased financial-services revenues.Net income*jumped 15%,to a new high.It was Deeres third consecutive year of record earnings.On a per-share basis,earnings were up 19%,benefiting from fewer shares outstanding.Strong profits,plus the dis

5、ciplined use of assets and the skillful execution of business plans,propelled SVA*,or Shareholder Value Added,to a new high in 2013.SVA represents operating profit less an implied charge for capital.In 2013,Deere boosted its quarterly dividend rate by 11%.It was the 11th dividend increase since 2004

6、.Over thistime,the company returnedabout 60%of the equipmentoperations cash flow toinvestors through dividendsand share repurchases netof issuances.*Non-GAAP financial measure.See page 14 for details.$1.52$1.79$1.992011201220132013_AR_CS6_Final_1220new.indd 21/3/14 1:16 PM3EYES ON THE HORIZONMore th