史赛克Stryker Corporation (SYK) 2007年年度报告「NYSE」.pdf

1、Stryker 2007 Annual ReportStryker Corporation2825 Airview BoulevardKalamazoo,MI 49002Telephone269 385 Stryker Corporation 2007 Annual Report 2006 2007%ChangeNet sales$5,147.2$6,000.5 16.6Earnings before income taxes 1,093.8 1,370.1 25.3Income taxes 322.4 383.4 18.9Net earnings from continuing operat

2、ions 771.4 986.7 27.9Adjusted net earnings from continuing operations 1 824.1 999.4 21.3Diluted net earnings from continuing operations per share of common stock:Reported$1.87$2.37 26.7 Adjusted 1$2.00$2.40 20.0Dividends declared .22 .33 50.0Cash and marketable securities 1,414.8 2,410.8 70.4 Financ

3、ial Highlights(in millions,except per share amounts)1 Adjusted to exclude the intangible asset impairment charge recorded in 2007 and the purchased in-process research and development charge recorded in 2006.8%13%16%21%18%15%12%17%1,00002,0003,0004,0005,0006,000Net Sales from Continuing Operations$M

4、illions000102030405060727%21%27%29%33%20%21%20%$0.50$0.0000*Adjusted to exclude certain charges,including intangible asset impairment,in-process research and development,income taxes on repatriation of foreign earnings and acquisition-related and restructuring items.01020304050607$1.00$1.50$2.00$2.5

5、0Adjusted Diluted EPS*from Continuing Operations$0.04$0.05$0.06$0.07$0.09$0.11$0.22$0.10$0.00$0.20$0.30$0.40$0.50Dividend History00010203040506$0.33071,567%20%28%34%4%44%21%27%$0.50$0.00$1.00$1.50$2.00$2.50Diluted EPS from Continuing Operations0001020304050607 Contents 2 Letter to Shareholders 7 A M

6、essage from Stryker Chairman John W.Brown 8 Spine Solutions in Korea 12 Supporting U.S.Surgeons Medical Missions 16 i-Suites in France 20 The Homer Stryker Center 23 Financial ReviewLeft to right:John W.Brown,Jerome H.Grossman,M.D.,William U.Parfet,Ronda E.Stryker,Donald M.Engelman,Ph.D.,Stephen P.M