|
CONSOLIDATED STATEMENTS OF INCOME
(In millions of US dollars)
| |
Three Months Ended
|
Nine Months Ended
|
| |
Sept. 30, 2000 |
Oct. 2 , 1999 |
Sept. 30, 2000 |
Oct. 2 , 1999 |
| Net sales |
2,027.3 |
1,266.5 |
5,589.6 |
3,552.5 |
| Other revenues |
14.7
|
7.7
|
31.9 |
25.6 |
| NET REVENUES |
2,042.0 |
1,274.2 |
5,621.5 |
3,578.1 |
| Cost of sales |
-1,077.1
|
-766.8
|
-3,063.8
|
-2,172.1
|
| GROSS PROFIT |
964.9 |
507.4 |
2,557.7 |
1,406.0 |
| Selling, general & administrative |
-174.0 |
-136.8 |
-510.6 |
-386.2 |
| Research & development |
-259.8 |
-205.5 |
-740.0 |
-601.8 |
| Other income and expenses |
-19.3
|
5
|
-87.6
|
36.0
|
| Total Operating Expenses |
-453.1
|
-337.3
|
-1,338.2
|
-952.0
|
| OPERATING INCOME |
511.8 |
170.1 |
1,219.5 |
454.0 |
| Net interest income (expenses) |
7.3 |
8.2 |
37.7 |
17.9 |
| INCOME BEFORE INCOME |
|
|
|
|
| TAXES AND MINORITY INTERESTS |
519.1 |
178.3 |
1,257.2 |
471.9 |
| Income tax expense |
-103.6
|
-41.6
|
-265.6
|
-106.9
|
| INCOME BEFORE MINORITY INTERESTS |
415.5 |
136.7 |
991.6 |
365.0 |
| Minority interests |
-0.2
|
-1.4
|
-1.4
|
-2.0
|
| NET INCOME |
415.3
|
135.3
|
990.2
|
363.0
|
| |
|
|
|
|
| EARNINGS PER SHARE (BASIC) * |
0.47 |
0.16 |
1.12 |
0.42 |
| EARNINGS PER SHARE (DILUTED)* |
0.45 |
0.15 |
1.08 |
0.41 |
| NUMEBR OF WEIGHTED AVERAGE SHARES USED IN CALCULATING DILUITED
EARNINGS PER SHARE |
934.0 |
896.2 |
934.0 |
891.7 |
* All per share figures have been adjusted to reflect the 2-for-1
stock split effected in June 1999 and the 3-for-1 stock split effected
in May 2000. |
|
|
|
|
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