Brunswick Corporation (BC) 2006年年度报告「NYSE」.pdf

1、Brunswick Corporation1 North Field CourtLake Forest,Illinois 60045-4811Brunswick Corporation 2006 Annual Report on Form 10-KBRUNSWICK CORPORATION 2006 HIGHLIGHTS*(Amounts in millions,exceptpercent and per share amounts)200620052005-2006%Change20042004-2005%ChangeCorporate HighlightsNet sales$5,665.0

2、$5,606.91%$5,058.111%Operating earnings$341.2$468.7(27)%$394.819%Net earnings(1)$263.2$371.1(29)%$263.841%Diluted earnings per share(1)$2.78$3.76(26)%$2.7139%Diluted shares94.798.8(4)%97.32%Operating margin6.0%8.4%7.8%Total debt-to-capitalization ratio28.0%26.8%30.2%Market capitalization at year end

3、$2,899.7$3,887.1(25)%$4,791.6(19)%Share price at year end$31.90$40.66(22)%$49.50(18)%Basic shares outstanding at year end90.995.6(5)%96.8(1)%Segment Highlights(2)BoatNet sales$2,864.4$2,783.43%$2,285.022%Operating earnings$135.6$192.5(30)%$150.428%Operating margin4.7%6.9%6.6%Marine EngineNet sales$2

4、,271.3$2,300.6(1)%$2,165.86%Operating earnings$193.8$250.5(23)%$237.26%Operating margin8.5%10.9%11.0%FitnessNet sales$593.1$551.48%$558.8(1)%Operating earnings$57.8$56.13%$44.227%Operating margin9.7%10.2%7.9%Bowling&BilliardsNet sales$458.3$464.5(1)%$442.45%Operating earnings$22.1$37.2(41)%$41.7(11)

5、%Operating margin4.8%8.0%9.4%*Results from continuing operations.(1)Diluted earnings per share from continuing operations in 2006,2005 and 2004 include benefits of$0.50,$0.31 and$0.10,respectively,fromtax-related items.Diluted earnings per share in 2005 include a$0.32 benefit from the sale of securi

6、ties.See the Annual Report on Form 10-Kincluded herein.(2)Segment net sales exclude intercompany eliminations.See Note 5Segment Information in the Annual Report on Form 10-K.CORPORATEOVERVIEWBrunswick Corporation is a leading producer of marine products,fitness equipment and bowling and billiardspro