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1、TYSON FOODS,INC.2006 ANNUAL REPORTOpportunities on the TableTYSON FOODS,INC.2210 WEST OAKLAWN DRIVE,SPRINGDALE,ARKANSAS 72762-TYSON FOODS,INC.2006 ANNUAL REPORTTyson Foods,Inc.(NYSE:TSN),founded in1935 with headquarters in Springdale,Arkansas,is theworlds largest processor and marketer of chicken,be
2、ef and pork,thesecond-largest food production company in the Fortune 500 and a member ofthe S&P 500.The Company produces a wide variety of protein-based and preparedfood products,which are marketed under the“Powered by Tyson”strategy.Tyson is therecognized market leader in the retail and foodservice
3、 markets it serves,providing productsand service to customers throughout the United States and more than 80 countries.Thecompany has approximately 107,000 Team Members employed at more than 300 facilities andoffices in the United States and around the world.Through its Core Values,Code of Conductand
4、 Team Member Bill of Rights,Tyson strives to operate with integrity and trust and iscommitted to creating value for its shareholders,customers and Team Members.TheCompany also strives to be faith-friendly,provide a safe work environment andserve as stewards of the animals,land and environment entrus
5、ted to it.Our vision is to be the worlds first choice for protein solutionswhile maximizing shareholder value.2006 Financial HighlightsTYSON FOODS,INC.2006 ANNUAL REPORTin millions,except per share data200620052004Sales$25,559$26,014$26,441Gross profit9281,7201,883Operating income(loss)(77)745917Inc
6、ome tax expense(benefit)(102)156232Cumulative effect of change in accountingprinciple,net of tax(5)Net income(loss)(196)372403Diluted earnings(loss)per share(0.58)1.041.13Shareholders equity4,4404,6714,292Book value per share12.5113.1912.19Total assets11,12110,50410,464Depreciation and amortization5