| Income Statement for The Dow Chemical Company (DOW) | | | | After Hours: $ 18.60 | 0.00 (0.00%) | Volume: 494.66 k | 7:27 PM EST Dec 2, 2008 | | | | | | | Income | in Millions of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Operating Revenue | 53,513 | 49,124 | 46,307 | 40,161 | 32,632 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (44,282) | (39,502) | (36,252) | (32,237) | (26,337) | | Gross Operating Profit | 9,231 | 9,622 | 10,055 | 7,924 | 6,295 | | | Selling/General/Admin Expense | (1,864) | (1,663) | (1,545) | (1,436) | (1,392) | | Research & Development | (1,305) | (1,164) | (1,073) | (1,022) | (981) | | EBITDA | 6,062 | 6,795 | 7,437 | 5,466 | 3,922 | | Depreciation & Amortization | (2,190) | (2,074) | (2,079) | (2,088) | (1,903) | | EBIT | 3,872 | 4,721 | 5,358 | 3,378 | 2,019 | | Interest Income | 130 | 185 | 138 | 86 | 92 | | Other Income, Net | 324 | 314 | 755 | 136 | 146 | | Total Income Avail For Interest Expense | 4,813 | 5,588 | 7,101 | 4,543 | 2,579 | | Interest Expense | (584) | (616) | (702) | (747) | (828) | | Pre-Tax Income | 4,229 | 4,972 | 6,399 | 3,796 | 1,751 | | Income Taxes | (1,244) | (1,155) | (1,782) | (877) | 82 | | Minority Interest | (98) | (93) | (82) | (122) | (94) | | Net Income from Continuing Operations | 2,887 | 3,724 | 4,535 | 2,797 | 1,739 | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | 2,887 | 3,724 | 4,535 | 2,797 | 1,739 | | | Normalized Income | 3,522 | 4,315 | 4,649 | 2,777 | 1,739 | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | (635) | (591) | (114) | 20 | - | | Income from Cum. Effect of Acct Change | - | - | (20) | - | (9) | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | 2,887 | 3,724 | 4,515 | 2,797 | 1,730 | | | Results | in Dollars (Preferred Dividends in Millions) | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Dividends Paid Per Share | 1.97 | 1.46 | 1.34 | 1.34 | 1.34 | | Preferred Dividends | - | - | - | - | - | | | Basic EPS from Continuing Operations | 3.03 | 3.87 | 4.71 | 2.98 | 1.89 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | 3.03 | 3.87 | 4.71 | 2.98 | 1.89 | | | Diluted EPS from Continuing Operations | 2.99 | 3.82 | 4.64 | 2.93 | 1.88 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | 2.99 | 3.82 | 4.64 | 2.93 | 1.88 | | | |