金宝汤公司Campbell Soup Company (CPB) 2007年年度报告「NYSE」.pdf

1、campbell soup company2007 Annual ReportAspiring to be extraordinary1 Campbell Place,Camden,NJ 08103-1799 campbell soup company 2007 annual report(millions of dollars,except per share amounts)2007 2006Results of OperationsNet sales$7,867$7,343Gross profit$3,296$3,070 Percent of sales 41.9%41.8%Earnin

2、gs before interest and taxes$1,293$1,151Earnings from continuing operations$823$755 Per share diluted$2.08$1.82Earnings from discontinued operations$31$11 Per share diluted$0.08$0.03Net earnings$854$766 Per share diluted$2.16$1.85Other InformationNet cash provided by operating activities$674$1,226Ca

3、pital expenditures$334$309Dividends per share$0.80$0.72The 2007 Earnings from continuing operations were impacted by the following:a$14($.04 per share)gain from the sale of an idle manufacturing facility;a$25($.06 per share)benefit from a tax settlement of bilateral advance pricing agreements;and a$

4、13($.03 per share)benefit from the reversal of legal reserves due to favorable results in litigation.The 2007 results of discontinued operations included a$24($.06 per share)gain from the sale of the businesses in the United Kingdom and Ireland and$7($.02 per share)tax benefit from the resolution of

5、 audits in the United Kingdom.The 2006 Earnings from continuing operations were impacted by the following:a$60($.14 per share)benefit from the favorable resolution of a U.S.tax contingency;an$8($.02 per share)benefit from a change in inventory accounting method;incremental tax expense of$13($.03 per

6、 share)associated with the repatriation of non-U.S.earnings under the American Jobs Creation Act;and a$14($.03 per share)tax benefit related to higher levels of foreign tax credits,which could be utilized as a result of the sale of the businesses in the United Kingdom and Ireland.The 2006 results of