嘉德诺Cardinal Health Inc. (CAH) 1998财年年度报告「NYSE」.pdf

1、Customer Focused1998 Annual Report to Shareholders1998$12,926,7782,991,360 15,918,138416,016$247,081$1,384,5323,961,077272,575$1,625,198 3.22%16.70%$2.22$0.11 111,447 1997$10,968,0422,469,13813,437,180333,178$184,599$1,097,6773,091,750 277,766$1,334,730 3.04%15.40%$1.69$0.095 109,118 Summary of Oper

2、ationsRevenue:(1)Operating revenueBulk deliveries to customer warehousesTotal revenueMergers-related costs and other special chargesOperating earnings(2)Net earnings(2)Balance SheetWorking capitalTotal assetsLong-term obligationsShareholders equityPerformance RatiosOperating earnings(2)Return on ave

3、rage equity(2)Per Share ResultsDiluted net earnings(2)(3)Dividends declaredWeighted Average Number of Shares Outstanding(3)DilutedSee Note 1 of“Notes to Consolidated Financial Statements”regarding“Basis of Presentation.”(1)The Company,beginning in fiscal 1998,is reporting bulk deliveries to customer

4、 warehouses as part of total revenue.Previously,only the gross margin from such sales had been classified in revenue.Such sales have been reclassified into revenue and cost of product sold for all periods presented.See Note 1 of“Notes to Consolidated Financial Statements”for a further discussion.(2)

5、Mergers-related and other special charges have been recorded in connection with various business combinations and facilityrationalizations,the impact of which is included in the amounts summarized above.See“Managements Discussion andAnalysis of Financial Condition and Results of Operations”and Note

6、2 of“Notes to Consolidated Financial Statements”for further analysis of special charges.(3)Effective for the fiscal year ended June 30,1998,the Company adopted SFAS No.128,“Earnings per Share.”In accordance with SFAS No.128,diluted EPS has been restated for all periods presented.Chairmans Letter to