HP Reports Fourth Quarter 2004 Results

               HEWLETT-PACKARD COMPANY AND SUBSIDIARIES
             CONSOLIDATED CONDENSED STATEMENTS OF EARNINGS
                              (Unaudited)
                (In millions except per share amounts)
                                                              
                                            Twelve months ended      
                                                 October 31,          
                                            -------------------
                                           2004           2003(a) 
                                           ----           ----      
Net revenue                              $79,905        $73,061 

Costs and expenses:
  Cost of sales                           60,340         53,858      
  Research and development                 3,506          3,651     
  Selling, general and administrative     11,024         11,012  
  Amortization of purchased intangible 
   assets                                    603            563      
  Restructuring charges                      114            800    
  Acquisition-related charges                 54            280   
  In-process research and development 
   charges                                    37              1 
                                          ------         ------    
     Total costs and expenses             75,678         70,165   
                                          ------         ------      

Earnings from operations                   4,227          2,896    

Interest and other, net                       35             21     
Gains (losses) on investments                  4            (29)
Dispute settlement                           (70)             -
                                          ------         ------

Earnings before taxes                      4,196          2,888     

Provision for taxes                          699            349 
                                          ------         ------   

Net earnings                              $3,497         $2,539  
                                          ======         ======  

Net earnings per share:
  Basic                                    $1.16          $0.83    
  Diluted                                  $1.15          $0.83    
                                
Cash dividends declared per share          $0.32               $0.32        

Weighted-average  shares  used  to  
  compute  net  earnings  per  share:  
    Basic                                                                        3,024                    3,047            
    Diluted                                                                    3,055                    3,063            

(a)  Certain  reclassifications  have  been  made  to  prior  year  amounts  in
order  to  conform  to  the  current  year  presentation.
 


« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9  Next Page »



Review Article Be the first to review this article

EMA:

Featured Video
Editorial
Peggy AycinenaWhat Would Joe Do?
by Peggy Aycinena
Retail Therapy: Jump starting Black Friday
Peggy AycinenaIP Showcase
by Peggy Aycinena
REUSE 2016: Addressing the Four Freedoms
More Editorial  
Jobs
AE-APPS SUPPORT/TMM for EDA Careers at San Jose-SOCAL-AZ, CA
Principal Circuit Design Engineer for Rambus at Sunnyvale, CA
Development Engineer-WEB SKILLS +++ for EDA Careers at North Valley, CA
ACCOUNT MANAGER MUNICH GERMANY EU for EDA Careers at MUNICH, Germany
Manager, Field Applications Engineering for Real Intent at Sunnyvale, CA
FAE FIELD APPLICATIONS SAN DIEGO for EDA Careers at San Diego, CA
Upcoming Events
Zuken Innovation World 2017, April 24 - 26, 2017, Hilton Head Marriott Resort & Spa in Hilton Head Island, SC at Hilton Head Marriott Resort & Spa Hilton Head Island NC - Apr 24 - 26, 2017
CST Webinar Series



Internet Business Systems © 2016 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy