Condensed Consolidated Statement of Earnings

YourCorp and Subsidiaries
 

For the years ended August 31
In millions, except per share amounts
2006 2005 2004

Net revenue:
spacerProducts $41,446 $36,015 $33,585
spacerServices 7,336 6,355 5,834

spacerTotal net revenue 48,782 42,370 39,419

Costs and expenses:
spacerCost of products sold 29,727 25,305 24,044
spacerCost of services 5,137 4,415 3,746
spacerResearch and development 2,646 2,440 2,380
spacerSelling, general and administrative 7,383 6,522 5,850

spacerTotal costs and expenses 44,893 38,682 36,020

Earnings from operations 3,889 3,688 3,399
Interest income and other, net 993 708 530
Interest expense 257 202 235

Earnings from continuing operations before taxes 4,625 4,194 3,694
Provision for taxes 1,064 1,090 1,016

Net earnings from continuing operations 3,561 3,104 2,678
Net earnings from discontinued operations 136 387 267

Net earnings $3,697 $3,491 $2,945

Net earnings per share-Continuing operations:
spacerBasic
$1.80 $1.54 $1.29
spacerDiluted $1.73 $1.49 $1.26
Net earnings per share-Discontinued operations:
spacerBasic
$0.07 $0.19 $0.13
spacerDiluted $0.07 $0.18 $0.13
Net earnings per share-Total:
spacerBasic
$1.87 $1.73 $1.42
spacerDiluted $1.80 $1.67 $1.39
Average number of shares and share equivalents:
spacerBasic
1,979 2,018 2,068
spacerDiluted 2,077 2,105 2,144


All share and per-share amounts reflect the retroactive effects of all stock
splits including the two-for-one stock split in the form of a stock dividend
effective August 27, 2006.