MDC Holdings Inc. (MDC) 2006年年度报告「NYSE」.pdf

1、2 0 0 6 a n n u a l r e p o r tM.D.C.HolDings,inC./riCHMonD aMeriCan HoMes strengtH anD vision s i n C e 1 9 7 2M D C M i s s i o n s t a t e M e n tThe mission of MDC is to build and finance the highest quality homes at affordable prices,designed to meet our customers needs.Our objectives are to cr

2、eate homeowner satisfaction and lasting value for our customers,increase returns for our shareowners and provide a rewarding work environment for our employees that encourages the pursuit of excellence,personal growth,teamwork and support of the communities in which we live.l e t t e r f r o M M a n

3、 a g e M e n ts t r e n g t H01000200030004000500096980246East9697989900010203040506M I L L I O N S$923$970$1,263$1,568$1,752$2,126$2,316$2,923$4,013$4,893$4,802TOTAL REVENUE9697989900010203040506M I L L I O N S$20$22$36$89$123$156$167$212$391$506$214010020030040050060096980246EastNET INCOME96979899

4、00010203040506$.51$.57$.86$2.08$2.95$3.64$3.83$4.90$8.79$10.99$4.6602468101296980246EastDILUTED EARNINGS PER SHAREDuring 2006,the generally robust home demand characteristics of the last several years gave way to an increasingly competitive environment in many of the countrys key homebuilding market

5、s.Nevertheless,even in the face of these difficult circumstances,we closed 13,123 homes and generated more than$4.8 billion in revenues in 2006.And,although significantly lower than the record levels achieved in the last couple of years,both our net income of$214.3 million and earnings per share of$

6、4.66 are among the four best annual earnings results in our Companys history.We reached these 2006 earnings despite recognizing$88 million in after-tax charges for asset impairments and project cost write-offs.More importantly,throughout the year,we continued to protect our investment grade financia