INCOME STATEMENT

2007 2007 (%) 2006 2006 (%) 2005 2005 (%) 2004 2004 (%)
($) ($) ($) ($)
Net Sales 9411 100 7787 100 6369 100 5294 100
Operating Costs 7509 79.79 6120 78.59 4963 77.92 4160 78.58
Selling., general and administrative expense 489 5.20 479 6.15 362 5.68 304 5.74
Earnings before interest, taxes, depreciation, and amortization (EBITDA) 1413 15.01 1188 15.26 1044 16.39 830 15.68
Depreciation and amortization 467 4.96 387 4.97 340 5.34 280 5.29
Earnings before interest and taxes (EBIT) 946 10.05 801 10.29 704 11.05 550 10.39
Non-operating income/expense (Income from Equity Investees and Net 152 1.62 117 1.50 93 1.46 75 1.42
Interest)
Less Interest 0.45 11 0.14 1 0.016 0 0
Earnings before taxes (EBT) 1056 11.22 907 11.65 796 12.50 625 11.81
Taxes 384 4.08 325 4.17 302 4.74 232 4.38
Net Income before preferred dividends 672 7.14 582 7.47 494 7.76 393 7.42
Preferred Dividends
Income from continuing operations before extraordinary items 672 7.14 582 7.47 494 7.76 393 7.42
Adjustment for extraordinary items 17 0.22
Net Income before preferred dividends 672 7.14 565 7.26 494 7.76 393 7.42

Common dividends 0 0 0 0 0 0 0
Addtion to retained earnings 672 7.14 565 7.26 494 7.76 393 7.42

Per-share Data
Earnings per share, Basic (EPS) - not onclude diluted stocks 0.9 0.74 0.63 0.49
Dividends per share (DPS) 0 0 0 0
Book Value of Equity per share (BVPS) 3.04 2.91 2.65 3.12
BALANCE SHEET
2007 ($) 2007 (%) 2006 ($) 2006 (%) 2005 ($) 2005 (%) 2004 ($) 2004 (%)

Assets
Cash and equivalents 281 5.26 313 7.07 174 4.96 145 4.28
short-term investment 157 2.94 141 3.18 133 3.79 508 14.99
Accounts receivables 288 5.39 224 5.06 191 5.44 140 4.13
Inventories 692 12.95 636 14.36 546 15.54 423 12.48
Prepaid Insurance and Lease 149 2.79 127 2.87 94 2.68 71 2.09
Deferred Income taxes (net) -Income 129 2.41 89 2.01 71 2.02 64 1.89
taxes not paid
Total current assets 1696 31.74 1530 34.55 1209 34.41 1351 39.85
Long term investment (available for sale) 21 0.39 6 0.14 60 1.71 136 4.01
Equity and other investment 259 4.85 219 4.94 202 5.75 168 4.96
Net plant and equipment (net of 2890 54.09 2288 51.66 1842 52.42 1551 45.75
depreciation)
Other assets 219 4.10 187 4.22 73 2.08 87 2.57
Other intangible assets (cash deposits 42 0.79 38 0.86 35 1 28 0.83
from unearned sale)
Goodwill 216 4.04 161 3.64 93 2.65 69 2.04
Total assets 5343 100 4429 100 3514 100 3390 100

Liabilities and equity

Accounts payable 391 7.32 341 7.70 221 6.29 199 5.87
Commercial paper and short term 710 13.29 700 15.80 277 7.89 0 0
borrowings (Notes Payable)
Accruals (Compensation, Occupancy) 664 12.43 568 12.82 475 13.52 362 10.68
Accrued taxes 93 1.74 94 2.12 78 2.22 63 1.86
Other Liabilities 296 5.54 231 5.22 175 4.99 121 3.57
Current portion of long term debt 1 0.02 2 0.05 1 0.03 1 0.03
Total current liabilities 2155 40.33 1936 43.71 1227 34.92 746 22.01
Deferred Income taxes 0 0 0 0 0 0 21 0.62
Long term bonds 550 10.29 2 0.05 3 0.09 4 0.12
Other long term liabilities (Deferred Rent, 354 6.63 263 5.94 194 5.52 145 4.28
asset retirement obligations, etc.)
Total debt 3059 57.25 2201 49.70 1424 40.52 916 27.02
Common stock (50,000,000 shares) 1 0.019 1 0.02 0 0 0 0
Paid in capital 39 0.73 39 0.89 130 3.70 996 29.38
Retained earnings (include repurchase of 2244 42 2188 49.40 1960 55.78 1478 43.60
common stocks)
Total common equity 2284 42.75 2228 50.30 2090 59.48 2474 72.98
Total liabilities and equity 5343 100 4429 100 3514 100 3390 100