| Income Statement for Pearson PLC |
| (Amounts are in millions) |
|
12/ |
|
12/ |
|
12/ |
|
|
 |
|
|
|
|
| Net Sales or Revenues |
|
$5,816.35 |
|
$6,169.33 |
|
$6,831.57 |
| Cost of Goods Sold |
|
$2,662.66 |
|
$2,836.64 |
|
$3,028.95 |
|
|
|
|
|
|
|
| Gross Profit |
|
$3,153.69 |
|
$3,332.68 |
|
$3,802.62 |
| |
|
|
|
|
|
|
| Research & Development Expense |
|
$0.00 |
|
$0.00 |
|
$0.00 |
| Selling, General, & Admin. Expense |
|
$2,672.97 |
|
$3,395.03 |
|
$3,201.73 |
|
|
|
|
|
|
|
| Income Before Depreciation |
|
$480.72 |
|
($62.34) |
|
$600.90 |
| |
|
|
|
|
|
|
| Depreciation, Depletion, Amortization |
|
$0.00 |
|
$0.00 |
|
$0.00 |
| Non-Operating Income |
|
$203.63 |
|
($3,271.69) |
|
($1,110.05) |
| Interest Expense |
|
$141.77 |
|
$131.46 |
|
$152.90 |
|
|
|
|
|
|
|
| Pretax Income |
|
$542.58 |
|
($3,465.50) |
|
($662.06) |
| |
|
|
|
|
|
|
| Provision for Income Taxes |
|
$16.75 |
|
($300.88) |
|
($123.85) |
| Minority Interest |
|
$2.58 |
|
$2.71 |
|
$0.00 |
| Investment Gains (Losses) |
|
$0.00 |
|
$0.00 |
|
$0.00 |
| Other Income |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
|
|
|
|
|
|
| Income Before Extraordinaries |
|
$525.83 |
|
($3,164.63) |
|
($538.21) |
| |
|
|
|
|
|
|
| Extraordinary Items & Disc. Operations |
|
$0.00 |
|
$0.00 |
|
$1,796.58 |
|
|
|
|
|
|
|
| Net Income |
|
$523.25 |
|
($3,167.34) |
|
$1,258.37 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
| Basic Earnings Per Share |
|
$0.64 |
|
($3.89) |
|
$1.55 |
| Diluted Earnings Per Share |
|
$0.64 |
|
($3.89) |
|
$1.55 |
| |
|
|
|
|
|
|
| Weighted Average Basic Shares Outstanding |
|
813.40 |
|
814.80 |
|
813.24 |
| Weighted Average Diluted Shares Outstanding |
|
813.70 |
|
814.80 |
|
814.10 |
| |
|
|
|
|
|
|
| Income Before Non-Recurring Items |
|
$566.90 |
|
$595.48 |
|
$874.36 |
| Income From Non-Recurring Items |
|
($43.81) |
|
($3,500.77) |
|
($1,412.43) |
| Diluted Earnings Per Share before extras |
|
$0.70 |
|
$0.73 |
|
$1.07 |
| |
|
|
|
|
|
|
| Dividend (preferred) |
|
N/A |
|
N/A |
|
N/A |
| Dividend (common) |
|
$404.80 |
|
$598.00 |
|
$652.58 |
| Dividend Per Share (common) |
|
$0.50 |
|
$0.73 |
|
$0.79 |
|
