Portuguese - ADM
Portuguese - ADM
Portuguese - ADM
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Archer Daniels Midland Company<br />
Consolidated Statements of Earnings<br />
37<br />
Year Ended June 30<br />
2008 2007 2006<br />
(In millions, except per share amounts)<br />
Net sales and other operating income $69,816 $44,018 $36,596<br />
Cost of products sold 65,974 40,781 33,630<br />
Gross Profit 3,842 3,237 2,966<br />
Selling, general and administrative expenses 1,419 1,195 1,193<br />
Other income - net (201) (1,112) (82)<br />
Earnings Before Income Taxes 2,624 3,154 1,855<br />
Income taxes 822 992 543<br />
Net Earnings $ 1,802 $ 2,162 $ 1,312<br />
Average number of shares outstanding – basic 644 651 654<br />
Average number of shares outstanding – diluted 646 656 656<br />
Basic earnings per common share $ 2.80 $ 3.32 $ 2.01<br />
Diluted earnings per common share $ 2.79 $ 3.30 $ 2.00<br />
See notes to consolidated financial statements.
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