| Income Statement for International Business Machines Corp
(IBM)
|
|
|
|
|
After Hours:
$ 126.74
|
-0.22
(-0.17%)
|
Volume: 64.07 k
|
7:15 PM EST Nov 20, 2009
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|
| Income |
in Millions of Dollars |
|
|
12/2008 |
12/2007 |
12/2006 |
12/2005 |
12/2004 |
|
| Operating Revenue |
103,630 |
98,786 |
91,424 |
91,134 |
96,293 |
| Adjustments to Revenue |
- |
- |
- |
- |
- |
| Cost of Revenue |
(52,519) |
(51,856) |
(48,146) |
(49,414) |
(55,346) |
| Gross Operating Profit |
51,111 |
46,930 |
43,278 |
41,720 |
40,947 |
|
| Selling/General/Admin Expense |
(23,386) |
(22,060) |
(20,259) |
(21,314) |
(19,384) |
| Research & Development |
(6,337) |
(6,153) |
(6,107) |
(5,842) |
(5,673) |
| EBITDA |
21,388 |
18,717 |
16,912 |
14,564 |
15,890 |
| Depreciation & Amortization |
(5,450) |
(5,201) |
(4,983) |
(5,188) |
(4,915) |
| EBIT |
15,938 |
13,516 |
11,929 |
9,376 |
10,975 |
| Interest Income |
343 |
565 |
536 |
- |
180 |
| Other Income, Net |
1,107 |
1,019 |
1,123 |
3,070 |
1,012 |
| Total Income Avail For Interest Expense |
17,388 |
15,100 |
13,595 |
12,446 |
12,167 |
| Interest Expense |
(673) |
(611) |
(278) |
(220) |
(139) |
| Pre-Tax Income |
16,715 |
14,489 |
13,317 |
12,226 |
12,028 |
| Income Taxes |
(4,381) |
(4,071) |
(3,901) |
(4,232) |
(3,580) |
| Minority Interest |
- |
- |
- |
- |
- |
| Net Income from Continuing Operations |
12,334 |
10,418 |
9,416 |
7,994 |
8,448 |
| Net Income from Discontinued Operations |
- |
- |
76 |
(24) |
(18) |
| Net Income from Total Operations |
12,334 |
10,418 |
9,492 |
7,970 |
8,430 |
|
| Normalized Income |
12,334 |
10,418 |
9,409 |
7,994 |
8,448 |
| Extraordinary Income |
- |
- |
- |
- |
- |
| Special Income/Charges |
- |
- |
7 |
- |
- |
| Income from Cum. Effect of Acct Change |
- |
- |
- |
(36) |
- |
| Income from Tax Loss Carryforward |
- |
- |
- |
- |
- |
| Other Gains |
- |
- |
- |
- |
- |
| Total Net Income |
12,334 |
10,418 |
9,492 |
7,934 |
8,430 |
|
| Results |
in Dollars (Preferred Dividends in Millions) |
|
|
12/2008 |
12/2007 |
12/2006 |
12/2005 |
12/2004 |
|
| Dividends Paid Per Share |
1.90 |
1.50 |
1.10 |
0.78 |
0.70 |
| Preferred Dividends |
- |
- |
- |
- |
- |
|
| Basic EPS from Continuing Operations |
9.07 |
7.32 |
6.15 |
4.99 |
5.04 |
| Basic EPS from Discontinued Operations |
0.00 |
0.00 |
0.05 |
-0.02 |
-0.01 |
| Basic EPS from Total Operations |
9.07 |
7.32 |
6.20 |
4.97 |
5.03 |
|
| Diluted EPS from Continuing Operations |
8.93 |
7.18 |
6.06 |
4.91 |
4.94 |
| Diluted EPS from Discontinued Operations |
0.00 |
0.00 |
0.05 |
-0.01 |
-0.01 |
| Diluted EPS from Total Operations |
8.93 |
7.18 |
6.11 |
4.90 |
4.93 |
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