霍尼韦尔Honeywell International Inc. (HON) 2006年年度报告「NYSE」.pdf

1、2006Annual ReportPerformanceGreat positions in good industries with technologies aligned with global mega-trends that matter to customers.Consistent and sustainable financial performance in sales,marginexpansion,earnings per share and free cash flow.Disciplined and balanced cash deployment that retu

2、rned more than$2.6billion to shareowners in 2006 through dividends and share repurchases.Growth initiatives and common operational processes have improvedquality,delivery,value and technology for customers,while strengthening our financial performance.A One Honeywell culture that attracts and retain

3、s the best and brightest people around the world.(Dollars and Shares in Millions,Except Per Share Amounts)200620052004Sales$31,367$27,652$25,593Net Income$2,083$1,638$1,246Diluted Earnings Per Common Share$2.52$1.92$1.45Cash Dividends Per Common Share$0.9075$0.825$0.75Book Value Per Common Share$12.

4、13$12.98$12.68Total Assets$30,941$31,633$30,570Cash Flows from Operating Activities$3,211$2,442$2,253Common Shares Outstanding at Year-End 801829850Employees at Year-End 118,000116,000109,000Financial HighlightsSales by Business Segment(percent)Automation and Control Solutions 35%Specialty Materials

5、 15%Aerospace 35%Transportation Systems 15%Profits by Business Segment(percent)Automation and Control Solutions 29%Specialty Materials 13%Aerospace 44%Transportation Systems 14%2003 2004 2005 2006EPS19%CAGR(in U.S.$Billions)(1)We define free cash flow as cash provided by operating activities,less ca

6、sh expenditures for property,plant and equipment.2003 2004 2005 2006Free Cash Flow(1)17%CAGR(in U.S.$Billions)2003 2004 2005 2006Sales11%CAGR$1.5$1.6$2.5$1.8$23.1$25.6$27.7$31.4$2.52$1.92$1.45$1.501PerformanceHoneywell made great progress this year in executing our growthstrategy.We reached a new fi