International Paper Co (IP) 2000年年度报告「NYSE」.pdf

1、OO2ANNUAL REPORTFinancial HighlightsInternational PaperDollar amounts and shares in millions,except per share amounts20001999Financial SummaryNet Sales$28,180$24,573Operating Profit2,712(a)1,808(a)Earnings Before Income Taxes,Minority Interest and Extraordinary Items723(b)448(d)Net Earnings142(b,c)1

2、83(d,e)Total Assets42,10930,268Common ShareholdersEquity12,03410,304Return on Investment Before Extraordinary Items3.3%(b)2.6%(d)Return on Investment Before Special and Extraordinary Items5.3%4.0%Per Share of Common StockEarnings Before Extraordinary Items$0.82(b)$0.48(d)EarningsAssuming Dilution0.3

3、2(b,c)0.44(d,e)Cash Dividends1.001.01(f)Common ShareholdersEquity24.8524.85Shareholder ProfileShareholders of Record at December 3139,48632,881Shares Outstanding at December 31484.2414.6Average Shares Outstanding449.6413.0(a)See the operating profit table on page 30 for details of operatingprofit by

4、 industry segment.Results of equity investees are notincluded in operating profit.(b)Includes a charge before taxes and minority interest of$949 million($589 million after taxes and minority interest)for asset shutdowns ofexcess internal capacity,cost reduction actions,and additions toexisting Mason

5、ite legal reserves,a$54 million pre-tax charge($33million after taxes)for merger-related expenses and a$34 million pre-tax credit($21 million after taxes)for the reversals of reserves nolonger required.(c)Includes an extraordinary gain of$385 million before taxes andminority interest($134 million af

6、ter taxes and minority interest)on thesale of our investment in Scitex and Carter Holt Harveys sale of itsshare of COPEC,an extraordinary loss of$460 million before taxes($310 million after taxes)related to the impairment of our Zandersand Masonite businesses to be sold,an extraordinary pre-tax gain