Kansas City Southern (KSU) 2005年年度报告「NYSE」.pdf

1、20 0 5 Annual Re po r tK A N S A S C I T Y S O U T H E R NKansas City Southern is a transportation holding company that has railroad investments in the U.S.,Mexico and Panama.Its primary U.S.hold-ing is The Kansas City Southern Railway Company,serving the central and south central U.S.Its inter-nati

2、onal holdings include Kansas City Southern de Mxico,serving northeastern and central Mexico and the port cities of Lzaro Crdenas,Tampico and Veracruz,and a 50 percent interest in Panama Canal Railway Company,providing ocean-to-ocean freight and passenger service along the Panama Canal.Kansas City So

3、utherns North American rail holdings and strategic alliances are primary components of a NAFTA Railway system,linking the commercial and industrial centers of the U.S.,Canada and Mexico.2 0 0 5 F 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 highlight

4、s includes only the continuing operations of the Company unless otherwise indicated.Certain information has been 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

5、Inc.(“Stilwell”)on July 12,2000,as well as the one-for-two reverse stock split effective July 12,2000.(ii)Net income for 2003 and 2001 includes an$8.9 million benefit and a$0.4 million charge,respectively,for the cumulative effect of accounting change.(iii)Total stockholders equity restated for prio

6、r period adjustment through 2002.Dollars in Millions,Except per Share Amounts,Years Ended December 31 2005 2004 2003 2002 OPERATIONS(i)Revenues$1,352.0$639.5$581.3$566.2 Operating income 62.3 83.5 29.1 48.0 Income from continuing operations before cumulative effect of accounting change 83.1 24.4 3.3