World Kinect Corporation (WKC) 2005年年度报告「NYSE」.pdf

1、2005Annual ReportWorldRelationshipsFuelingaroundtheMISSION STATEMENTTo create value for our business partners in energy andtransportation by delivering innovative solutions andlogistics through a global team of local professionals.CORPORATE OVERVIEWWorld Fuel Services is a global leader in the downs

2、treammarketing,logistics and financing of aviation and marinefuel products and related services.As the marketer of choicein the aviation and shipping industries,World Fuel Servicesprovides fuel and services at more that 2,500 airports andseaports worldwide.With 42 offices strategically locatedthroug

3、hout the world,World Fuel Services offers ourcustomers a value-added outsource service for the supply,quality control,logistical support and price riskmanagement of marine and aviation fuel.Mission Statement/Corporate Overview2005 World Fuel Services Annual Report650 People42Offices23CountriesGLOBAL

4、 LocationsFINANCIAL HighlightsAs of,and for the year ended December 31,200320042005Income Statement DataRevenue$2,671,557$5,654,373$8,733,947Gross Profit101,123129,956178,664Income from Operations27,63237,97256,620Net Income22,16128,55939,609Diluted Earnings Per Share0.991.221.57Diluted Weighted Ave

5、rage Shares22,33823,45425,214Balance Sheet DataTotal Current Assets$354,663$648,068$948,310Total Assets400,850712,1711,014,001Total Current Liabilities246,595466,985635,556Total Liabilities251,132523,668660,654Stockholders Equity149,718188,503353,347Financial RatiosBook Value Per Share$6.94$8.25$12.

6、91Current Ratio1.41.41.5Debt/Equity Ratio2.4%27.4%5.9%Return on Assets5.9%4.9%4.4%Return on Equity15.9%16.9%15.4%REVENUES($in millions)03040510,0008,0006,0004,0002,0000$2,671.6$5,654.4$8,733.92005 World Fuel Services Annual Reportpage 1(In thousands,except diluted earnings per share and financial ra