X hits on this document

67 views

0 shares

0 downloads

0 comments

22 / 32

Full Year Financial Highlights

  • 2005 full year sales of $12.6 billion, an increase of 5% from 2004

  • GAAP net earnings of $204 million or $1.99 per diluted share, which includes:

    • One-time favorable items for $18 million reduction in litigation reserves

and tax benefit of $17 million

    • Loss on retirement of debt of $7 million

  • Net earnings excluding these items were $176 million or $1.72 per diluted share(1)

  • Net debt at year-end was $2.6 billion(2)

  • Achieved 2005 financial and operational commitments

  • Made significant progress toward advancing our four Strategic Priorities – Best Quality, Lowest Cost, Global Reach and Innovative Technology

  • (1)

    For reconciliation of GAAP equivalent, see slide 23 of this presentation.

  • (2)

    Net debt is equal to total indebtedness (including receivables facility) minus cash, cash equivalents and marketable securities. For net debt reconciliation to closest GAAP

equivalent, please refer to the reconciliation on slide 32 of this presentation.

22

© TRW Automotive Holdings Corp. 2006

Document info
Document views67
Page views67
Page last viewedFri Dec 02 18:36:32 UTC 2016
Pages32
Paragraphs940
Words3558

Comments