Kansas City Southern (KSU) 2002年年度报告「NYSE」.pdf

1、K A N S A S C I T Y S O U T H E R N2 0 0 3 A N N U A L R E P O R TO P E R A T I N G F O R T H E L O N G H A U LKansas 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 has i

2、nvestments 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:Frank Newman,Carman,Baton Rouge,LA.2002 Robert

3、Fenton Houser2 0 0 3F 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 been reclassified to conform to the current year presentation.Comm

4、on share and per share information have been restated for all periods presented to reflect the spin-off of StilwellFinancial Inc.(“Stilwell”)on July 12,2000,as well as the one-for-two reverse stock split effective July 12,2000.(ii)Net income for 2000 and 1999,includes income from the discontinued op

5、erations of Stilwell.Net income for 2003 and 2001 includes an$8.9 million benefit and a$0.4 millioncharge,respectively,for the cumulative effect of accounting change.(iii)The total assets and stockholders equity presented herein include the net assets of Stilwell of$814.6 million as of December 31,1

6、999.(iv)The book value per share was calculated by dividing a)the total of common stockholders equity less the equity attributable to Stilwell as outlined in(iii)above by b)the number of shares outstanding.Dollars in Millions,Except per Share Amounts,Years Ended December 3120032002200120001999OPERAT