1、A Newdirection forFLUOR1999 Annual ReportFLUORCOMPANY DESCRIPTIONFluorCorporation is a professional services companyoffering a diverse range of value-added,knowledge-based services from traditional engineering,pro-curement and construction(EPC)to total asset management.Additionally,the company is a
2、majorU.S.producer of low-sulfur coal.The company is orga-nized into four Strategic Business Enterprises:FluorDaniel,Fluor Global Services,A.T.Massey Coal,and Fluor Signature Services.Fluor Daniel provides EPC services where it cancreate distinct value for a select group of clients across15 primary i
3、ndustry segments.Fluor Global Services provides a diverse,but inte-grated portfolio of services to clients outside their tra-ditional EPC value chain,focused on leading edgebusiness asset and operations management solutionsto optimize the total life cycle of their asset base.A.T.Massey is an acknowl
4、edged leader in theU.S.coal industry.Located in Central Appalachia,Massey produces high-quality,low-sulfur steam coalfor the electric-generating industry and industrial cus-tomers,and metallurgical coal for the steel industry.Fluor Signature Services provides administrativeand business support servi
5、ces to Fluor operating units,with the additional objective to expand marketing ofits services to external clients.TABLE OF CONTENTS1Financial Highlights2Chairmans Letter to Shareholders6Fluor At-A-Glance8Fluor Daniel Review13Fluor Global Services Review18Operating Statistics:Fluor Daniel&Fluor Globa
6、l Services20A.T.Massey Review23Operating Statistics:A.T.Massey24Fluor Signature Services26Financial Overview27Selected Financial Data3.0095969798996.09.012.012.415.09697989913.514.311.09.3?REVENUES?($in billions)?0309596979899456039 7/87538 13/1641 1/865 1/256 1/215?CLOSING?STOCK PRICE?(dollars)?0.2