1、KANSAS CITY SOUTHERN2002 ANNUAL REPORTK A N S A S C I T Y S O U T H E R N427 West 12th StreetKansas City,Missouri Kansas City Southernis a transportation holdingcompany whose primary subsidiary,The Kansas CitySouthern Railway Company,is one of seven Class I railroads in the United States.KCS also ha
2、s investments in Grupo TFM in Mexico and thePanama Canal Railway Company in Panama.The combined North American rail network comprises approximately 6,000 miles of rail lines that link commercial and industrial markets in the United States and Mexico.Cover Story:This years annual report cover is high
3、lighted by a photograph of a painting by Anthony Benton Gude,grandsonof Thomas Hart Benton,a well-known Kansas City artist.The work celebrates Kansas City Southerns historic linkbetween the oil fields of the Gulf region and the corn andgrain fields of Americas heartland.Silhouetted in the clouds is
4、the facial profile of Arthur E.Stilwell,the founder of Kansas City Southern.2 0 0 2F I N A N C I A L H I G H L I G H T S(i)The information included in this table of KCSs financial highlights includes only the continuing operations of the Company unless otherwise indicated.Certain information has bee
5、n reclassified to conform to the current year presentation.Common share and per share information have been restated for all periods presented to reflect the spin-off of Stilwell Financial Inc.(“Stilwell”)on July 12,2000,as well as the one-for-two reverse stock split effective July 12,2000.(ii)Net i
6、ncome for 2000,1999,and 1998 includes income from the discontinued operations of Stilwell.Net income for 2001 includes a$0.4 million charge for the cumulative effect of accounting change.(iii)The total assets and stockholdersequity presented herein include the net assets of Stilwell of$814.6 million