1、Synchronizing Global Commerce2006UPS Annual ReportAR06 cover03_02.indd13/13/0711:42:58 AMChief Executive Offi cer Letter UPS Products and Services Chief Financial Offi cer Letter UPS Business Philosophy Board of Directors and Senior Management Annual Report on Form 10-K2 6 8 111213TABLE OF CONTENTSS
2、YNCHRONIZING GLOBAL COMMERCEAt UPS,service excellence is a way of life.But performing a service fl awlessly is not enough for customers today.As the worlds largest package delivery company and a global leader in supply chain services,we make it our business to know what customers need to best serve
3、their own customers,and then we offer a range of solutions to meet those needs.We operate in more than 200 countries and territories worldwide,providing time-defi nite delivery of a single letter,small package,and heavy freight via air or ground.And,the company provides services to manage a customer
4、s supply chain,including air,ocean,ground,and rail transportation;customs brokerage;distribution;and post-sales support.By leveraging the capabilities of our global transportation network,we help synchronize commerce for our customers.(in millions,except for per-share amounts)2006 2005%ChangeRevenue
5、$47,547$42,581 11.7 Operating expenses 40,912 36,438 12.3 Net income 4,202 3,870 8.6 Diluted earnings per share 3.86 3.47 11.2 Dividends declared per share 1.52 1.32 15.2 Assets 33,210 34,947(5.0)Long-term debt 3,133 3,159(0.8)Shareowners equity 15,482 16,884(8.3)Capital expenditures 3,085 2,187 41.
6、1 Cash and investments 1,983 3,041(34.8)UPS FACTS Founded:1907 Employees:428,000 Customers:7.9 million average:15 million on-line tracking requests daily Operating facilities:3,000 worldwide Access points:150,000 worldwide Aircraft:282(Eighth-largest airline in the world)Package delivery vehicles:94