Water Comps 2q09 V23

Comparable Companies Analysis Company Ticker Country FYE

Calgon Carbon CCC USA 12/31/08

Danaher DHR USA 12/31/08

ITT Corp ITT USA 12/31/08

Pentair PNR USA 12/31/08

Nalco NLC USA 12/31/08

Roper Industries ROP USA 12/31/08

Flowserve FLS USA 12/31/08

Hawkins HWKN USA 3/29/09

Polypore PPO USA 1/3/09

Idex IEX USA 12/31/08

Itron ITRI USA 12/31/08

Badger Meter BMI USA 12/31/08

Price (6/22/09) 52-week high % below high 52-week low % above low

$12.79 $23.03 80.1% $9.11 40.4%

$59.47 $85.00 42.9% $47.20 26.0%

$43.06 $69.73 61.9% $31.94 34.8%

$24.96 $41.00 64.3% $17.23 44.9%

$15.37 $25.90 68.5% $7.80 97.1%

$44.08 $70.48 59.9% $34.85 26.5%

$72.13 $145.45 101.6% $37.18 94.0%

$21.98 $21.53 (2.0%) $12.42 77.0%

$10.04 $29.26 191.4% $2.38 321.8%

$23.04 $40.75 76.9% $16.67 38.2%

$54.26 $105.99 95.3% $34.25 58.4%

$43.84 $62.74 43.1% $17.58 149.4%

Shares Out Market Cap

54.210 $693.3

318.745 $18,955.8

182.000 $7,836.9

98.280 $2,453.1

138.150 $2,123.4

90.540 $3,991.0

56.028 $4,041.3

10.250 $225.3

44.380 $445.6

80.610 $1,857.3

36.800 $1,996.8

14.810 $649.3

$9.6 13.9 ($4.3)

$2,918.0 976.0 $1,942.0

$1,977.4 911.0 $1,066.4

$999.8 34.7 $965.1

$3,190.3 163.3 $3,027.0

$1,234.1 177.5 $1,056.5

$569.3 201.5 $367.7

$0.0 29.5 ($29.5)

$793.1 96.1 $697.1

$543.6 63.1 $480.5

$976.4 102.1 $874.4

$18.3 6.1 $12.2

$0.0 0.0

$0.0 0.0

$0.0 0.0

$121.9 0.0

$17.8 0.0

$0.0 0.0

$7.2 0.0

$0.0 0.0

$3.2 0.0

$0.0 0.0

$0.0 0.0

$0.0 0.0

$689.1

$20,897.8

$8,903.3

$3,540.1

$5,168.2

$5,047.5

$4,416.2

$195.8

$1,145.8

$2,337.7

$2,871.1

$661.5

97.3%

38.0%

33.0%

100.0%

38.6%

53.6%

6.0%

29.1%

26.0%

47.0%

33.5%

100.0%

NA

0.20%

1.97%

2.88%

0.91%

0.75%

1.50%

2.37%

NA

2.08%

NA

1.00%

TEV / LTM EBITDA

10.5x

11.6x

7.2x

12.4x

9.2x

10.9x

6.9x

5.2x

12.0x

10.0x

14.1x

15.6x

Debt / LTM EBITDA Net Debt / LTM EBITDA Debt to Total Capital

0.1x (0.1x) 1.4%

1.6x 1.1x 13.3%

1.6x 0.9x 20.1%

3.5x 3.4x 29.0%

5.7x 5.4x 60.0%

2.7x 2.3x 23.6%

0.9x 0.6x 12.3%

0.0x (0.8x) 0.0%

8.3x 7.3x 64.0%

2.3x 2.1x 22.6%

4.8x 4.3x 32.8%

0.4x 0.3x 2.7%

LTM PE P/E Excl Extra, High - Last 5 Yrs.: P/E Excl Extra, Low - Last 5 Yrs.:

22.6x NA NA

14.8x 28.8x 12.8x

9.9x NA NA

11.1x NA NA

NM NA NA

14.5x 36.2x 15.5x

9.0x 88.2x 6.5x

9.6x NA NA

NM NA NA

16.5x 26.2x 11.7x

370.5x NA NA

24.9x NA NA

Total Debt Cash Net Debt Minority Interests Preferred Stock TEV 2008 - % of Water Related Revenues Dividend yield

LTM FCF Yield

NM

8.7%

10.7%

8.3%

11.9%

9.6%

6.0%

4.5%

8.9%

10.0%

5.8%

NM

ROE LTM 2008 3-year average 5-year average 10-year average

16.2% 20.6% 8.4% 4.3% 2.9%

13.4% 14.5% 18.2% 18.8% 18.5%

18.8% 19.7% 20.0% 20.9% 22.5%

11.2% 13.4% 12.7% 12.3% 10.6%

(29.8%) (30.6%) (0.7%) (1.7%) NA

14.7% 16.0% 16.1% 15.3% 16.9%

31.6% 34.2% 24.2% 16.4% 10.1%

27.6% 27.5% 16.1% 14.5% 12.8%

(7.4%) (5.2%) (12.1%) (7.1%) NA

9.2% 11.3% 14.5% 14.7% 14.6%

0.6% 3.7% 3.4% 5.0% 1.7%

26.5% 27.3% 25.1% 24.5% 19.9%

ROIC LTM 2008 3-year average 5-year average 10-year average

12.8% 12.2% 6.4% 4.5% 4.6%

8.0% 8.6% 11.8% 12.1% 10.7%

10.7% 9.3% 11.9% 12.2% 10.6%

3.5% 5.0% 6.9% 6.7% 5.6%

7.0% 7.6% 7.0% 5.7% NA

7.2% 8.2% 8.0% 7.4% 8.6%

20.6% 19.8% 12.8% 9.1% 8.3%

20.6% 20.6% 8.4% 6.7% 6.7%

3.0% 3.9% 4.6% 4.3% NA

7.5% 8.9% 10.4% 10.2% 8.8%

1.4% 2.2% 4.9% 5.6% 1.7%

18.2% 17.8% 14.1% 12.1% 6.9%

(42.6%) (20.9%) 100.0% 101.1% 122.4%

129.1% 126.4% 125.3% 124.2% 134.3%

106.3% 111.2% 111.2% 105.3% 91.2%

91.6% 59.0% 95.9% 109.0% 160.0%

(72.8%) (43.8%) 103.9% 93.8% NA

139.5% 141.1% 128.6% 143.2% 137.1%

54.1% 63.1% 90.0% 239.0% 324.0%

43.6% 43.6% 57.2% 56.6% 62.9%

(158.3%) (266.0%) 2808.7% 1433.9% NA

164.2% 149.4% 121.4% 123.7% 144.5%

2141.7% 462.3% 24.8% (109.4%) 5.2%

(21.8%) (47.2%) 18.0% 23.5% 60.0%

Christy FCF Model Value Premium/(Discount) to Intrinsic

N/A 100.0%

$60.90 (2.4%)

$43.57 (1.2%)

$20.18 19.1%

$16.34 (6.3%)

$50.34 (14.2%)

$86.60 (20.1%)

$30.18 (37.3%)

$12.56 (25.1%)

$26.41 (14.6%)

$47.01 13.4%

N/A 100.0%

ValuePro (Kenny & Drew) Premium/(Discount) to Intrinsic

$11.92 6.8%

$74.40 (25.1%)

$74.97 (74.1%)

$28.97 (16.1%)

$23.52 (53.0%)

$53.88 (22.2%)

$97.91 (35.7%)

$26.49 (20.5%)

$12.12 (20.7%)

$33.06 (43.5%)

$48.20 11.2%

$28.66 34.6%

ValuePro DEFAULT Premium/(Discount) to Intrinsic

$6.72 47.5%

$82.25 (38.3%)

$80.95 (88.0%)

$35.67 (42.9%)

$47.54 (209.3%)

$62.33 (41.4%)

$169.49 (135.0%)

$43.43 (97.6%)

$0.00 100.0%

$35.86 (55.6%)

$81.72 (50.6%)

$40.11 8.5%

FCF Conversion (FCF/NI) LTM 2008 3-year average 5-year average 10-year average Valuation

Note: If Current Price is at greater than (20%) discount to intrinsic value, cell is color coded in green.

Reuters Knowledge Company Comparison Valuation Ratios

LFI: LFY: Curr P/E Excl Extra, LTM: P/E Excl Extra, High - Last 5 Yrs.: P/E Excl Extra, Low - Last 5 Yrs.: Beta 5Yr Monthly: Curr Price/Rev/Shr, LTM: Curr Price/Bk Val/Shr, Tot Eqty, LFI: Curr Price/Tang Bk, Tot Eqty, LFI: Curr Price/CF/Shr, LTM: Curr Price/FCF/Shr, LTM: % Owned Institutions: Dividend (%)

Dividend Yield: Annual Dividend - 5 Yr. Avg: Dividend 5 Yr. Growth Rate: Dividend Payout Ratio, LTM: Growth Rates (%)

Revenue, %Yr/Yr, LFI: Revenue, %Yr/Yr, LTM: Revenue - 5 Yr. Growth Rate: EPS, %Yr/Yr, LFI: EPS, %Yr/Yr, LTM: EPS - 5 Yr. Growth Rate: Capex, 5 Yr.Avg: Financial Strength

Quick Ratio, LFI: Curr Ratio, LFI: LT Debt/Tot Eqty, LFI: Tot Debt/Tot Eqty, LFI: EBIT Interest Cover, LFY: Management Effectiveness (%)

ROA Tot Assets, LTM: ROA Tot Assets, 5 Yr. Avg.: ROC Tot LT Cap, LTM: ROC Tot LT Cap, 5 Yr. Avg.: ROE Comm Eqty, LTM: ROE Comm Eqty, 5 Yr. Avg.: Profitability Ratios (%)

Gross Profit % Margin, LFI: Gross Profit % Margin, 5 Yr. Avg.: EBITDA % Margin, LTM: EBITDA % Margin, 5 Yr. Avg.: Oper Income % Margin, LFI: Oper Income % Margin, 5 Yr. Avg:

CCC

3/31/2009 ### 22.22 NA NA 1.04 1.72 2.66 3.07 14.87 -90.31 CCC

n/a 0.04 -0 CCC

0.33 11.76 9.59 -46.85 20.38 46.92 30.61 CCC

1.48 2.96 0 3.75 40.05 CCC

7.93 1.91 10.49 2.43 13.78 4.19 CCC

32.46 29.35 16.36 10.4 12.24 4.5

DHR

ITT

PNR

NLC

4/3/2009 3/31/2009 3/28/2009 3/31/2009 12/31/200 12/31/200 ### ### 8 8 15.78 10.42 12.16 -28.76 NA NA NA 12.84 NA NA NA 0.87 1.1 1.13 1.4 1.57 0.71 0.84 0.54 2.15 2.59 1.41 5.92 ----11.99 7.5 8.48 -11.98 11.46 19.68 9.47 74.16 80.46 77.03 88.96 DHR

0.19 0.09 19.14 2.99 DHR

-13.24 6.62 19.12 -13.29 1.91 18.57 19.25 DHR

1.36 1.82 28.4 29.17 16.88 DHR

7.2 8.76 8.51 10.92 13.06 16.4 DHR

47.01 44.79 17.32 17.92 14.61 15.56

ITT

1.87 0.48 16.95 16.95 ITT

-8.88 17.52 17.76 9.25 18.66 16.52 12.78 ITT

0.82 1.03 14.79 62.69 11.54 ITT

7.5 6.85 12.33 11.16 21.5 19.85 ITT

27.64 28.06 12.64 12.68 10.03 10.36

PNR

2.57 0.56 10.65 30.74 PNR

-23.65 -4.9 15.33 -66.58 0.09 21.3 4.01 PNR

1.41 2.28 52.66 53.08 -PNR

5.47 5.71 6.36 6.77 11.47 11.96 PNR

26.7 29.74 11.04 13.02 8.24 10.64

NLC

0.84 0.06 --NLC

-13.13 1.95 8.77 -17.9 -371.09 -5.63 NLC

1.48 2.04 831.94 851.88 -0.14 NLC

-6.21 -0.59 -7.12 -0.67 -45.09 -4.95 NLC

43.74 44.92 3.82 13.3 -0.83 7.69

Income Income Income Income Income Income

Bef Tax % Margin, LFI: Bef Tax % Margin, 5 Yr. Avg.: Aft Tax % Margin, LFI: Aft Tax % Margin, 5 Yr. Avg.: Tax % Rate, LTM: Tax % Rate, 5 Yr. Avg.:

11.17 2.76 7.44 2 33.4 27.81

Efficiency

CCC

Tot Revenue/Employee, LTM: Income Aft Tax/Employee, LTM: Receivable Turnover, LTM: Inventory Turnover, LTM: Asset Turnover, LTM:

426.14 31.71 6.48 2.92 1.07

13.74 14.79 10.4 11 24.33 25.64 DHR

244.46 25.42 6.46 5.37 0.69

9.04 9.51 6.91 6.85 23.6 27.97 ITT

280.53 19.38 6.26 9.27 1.09

9.89 9.59 7.1 6.58 28.18 31.37 PNR

214.67 15.24 5.66 5.59 0.77

-7.05 0.48 -8.34 -0.94 -296.19 NLC

346.74 -28.93 5.56 6.19 0.74

ROP

FLS

HWKN

3/31/2009 3/31/2009 3/29/2009 12/31/200 8 ### 3/29/2009 15.58 10.02 9.11 36.15 88.18 NA 15.45 6.53 NA 0.67 1.5 0.55 1.83 0.98 0.75 2.04 3.09 2.06 -9.51 2.2 11.08 8.33 7.36 11.63 23.87 41.94 95 92.16 36.29 ROP

0.7 0.24 10.83 10.11 ROP

-6.92 4.72 28.54 -16.42 5.58 32.42 23.59 ROP

1.36 1.74 53.17 60.5 5.96 ROP

7.18 6.94 8.58 8.37 14.08 14.02 ROP

49.69 50.62 24.74 23.98 20.34 19.73

FLS

1.33 0.32 -12.72 FLS

3.16 13.97 14.75 7.59 45.56 53.31 34.55 FLS

0.93 1.59 38.69 40.48 23.82 FLS

11.94 5.95 18.43 8.65 31.68 17.39 FLS

35.7 33.12 15.69 11.1 14.24 9.66

HWKN

PPO

PPO

2.49 0.44 7.63 22.75 HWKN

39.31 52.34 21.58 189.19 174.99 32.34 23.74 HWKN

2.31 3.02 0 0 -HWKN

19.1 11.29 24.06 13.96 24.82 14.19 HWKN

20 22.52 15.09 12.22 13.13 9.57

IEX

ITRI

BMI

4/4/2009 3/31/2009 3/31/2009 3/31/2009 12/31/200 12/31/200 1/3/2009 8 8 ### -17.98 357.85 22.47 NA 26.16 NA NA NA 11.73 NA NA -1.34 1.71 1.37 0.85 1.38 1.14 2.11 1.23 1.73 1.92 4.99 ---6.85 16.54 12.25 12.14 17.51 12.34 13.68 17.98 -49.68 95 95 68.4 IEX

n/a 0 --PPO

-25.06 4.2 6.72 -74.3 -370.63 -7.27 PPO

2.32 3.26 196.88 198.2 0.62 PPO

-1.68 -0.62 -1.8 -0.66 -6.8 -4.7 PPO

39.85 34.64 15.65 21.92 6.1 11.1

ITRI

1.95 0.4 14.04 34.77 IEX

-12.12 3.39 13.3 -41.45 -28.8 13.92 6.5 IEX

1.62 2.58 46.98 47.13 10.19 IEX

5.36 8.04 5.92 9.05 9.45 13.51 IEX

37.72 41.03 16.18 20.02 12.7 17.16

BMI

n/a 0 -0 ITRI

-18.8 1.4 43.21 -1,975.40 120.84 10.74 45.79 ITRI

1.18 1.56 87.53 90.39 1.21 ITRI

0.18 1.08 0.23 1.27 0.55 3.25 ITRI

33.35 36.34 13.56 14.19 4.46 5.4

1.11 0.32 8.58 23.83 BMI

-4.52 10.33 8.73 14.82 17.17 24.11 49.46 BMI

1.01 1.86 2.51 15.69 28.43 BMI

14.72 11.88 19.82 16.72 24.22 22.96 BMI

36.21 34.76 18 16.12 15.37 13.12

S&P 500

17.22 32.07 10.2 1 1.9 3.36 5.89 11.6 20.96 69.12 S&P 500

2.79 1.94 14.06 31.17 Index

-8.54 2.4 14.03 -13.65 -6.31 19.51 13.2 S&P 500

1.32 1.87 67.5 88.4 11.9 S&P 500

7.25 8.92 10.27 12.72 17.84 20.65 S&P 500

45.65 45.81 20.94 22.93 15.38 18.98

18.19 17.19 12.15 11.45 33.23 33.4 ROP

287.19 34.89 6.3 5.87 0.59

13.18 7.87 9.93 5.4 24.69 31.37

13.25 10.18 8.24 6.42 37.83 36.89

FLS

HWKN

300.33 29.81 5.57 3.33 1.2

1,015.56 83.66 10.8 13.07 2.32

-3.66 -3.06 -4.38 -1.65 --PPO

n/a n/a 5.47 4.81 0.38

11.79 15.84 7.79 10.41 33.89 34.26

0.48 1.41 0.3 1.48 38.23 -5.19

IEX

ITRI

248.61 19.37 6.46 4.62 0.69

209.16 0.62 5.73 6.94 0.62

14.83 12.53 9.42 7.77 36.5 38 BMI

226.6 21.34 8.06 4.49 1.56

14.06 18.27 9.58 12.59 29.83 30.81 S&P 500

954.08 107.23 10.38 11.19 0.97

Revenue Breakdown KEY

Primary purpose is water Partial purpose is water

DHR

Segment Professional Instrumentation Medical Technologies Industrial Technologies Tools & Components Total

ITT

Segment Defence Electronics & Services Fluid Technology Motion & Flow Control

2008 38.0% 26.0% 26.0% 10.0% 100.0%

2007 32.0% 27.0% 29.0% 12.0% 100.0%

2006 31.0% 23.0% 32.0% 14.0% 100.0%

2005 32.0% 15.0% 37.0% 16.0% 100.0%

2008 54.0% 33.0% 13.0%

2007 46.0% 39.0% 15.0%

2006 47.0% 39.0% 14.0%

2005 46.0% 40.0% 14.0%

100.0%

100.0%

100.0%

100.0%

2008 47.0% 32.0% 21.0%

2007 47.0% 33.0% 20.0%

2006 46.0% 35.0% 19.0%

2005 35.0% 34.0% 19.0% 12.0%

Total

100.0%

100.0%

100.0%

100.0%

PNR

Segment Water Technical Products Total

2008 65.8% 34.2% 100.0%

2007 68.0% 32.0% 100.0%

2006 66.9% 33.1% 100.0%

2005 72.3% 27.7% 100.0%

NLC

Segment Industrial & Institutional Services Energy Services Paper Services Other Total

2008 43.0% 35.8% 18.4% 2.7% 100.0%

2007 44.8% 32.7% 19.9% 2.6% 100.0%

2006 44.2% 31.9% 20.9% 3.0% 100.0%

2005 45.2% 27.2% 21.1% 6.5% 100.0%

Total Water-Related Revenues Industrial & Institutional Services Energy Services Paper Services

2008 80.3% 13.0% 6.7%

2007 77.3% 14.7% 8.0%

2006 79.4% 12.5% 8.2%

2005 81.4% 9.9% 8.7%

100.0%

100.0%

100.0%

100.0%

2008

2007

2006

2005

Total Fluid Technology Segment Water & Wastewater Residential & Commercial Water Industrial Process Treatments

Total

ROP

Segment

Industrial Technology Energy Systems and Control Scientific and Industrial Imaging RF Technology Total

29.8% 23.8% 16.3% 30.1% 100.0%

30.7% 24.6% 17.9% 26.9% 100.0%

32.3% 20.2% 19.9% 27.5% 100.0%

34.1% 21.4% 17.2% 27.3% 100.0%

FLS

Segment Oil & Gas Chemical General Industries Power Generation Water Total

2008 39.0% 17.0% 23.0% 15.0% 6.0% 100.0%

2007 39.0% 19.0% 24.0% 12.0% 6.0% 100.0%

2006 43.0% 15.0% 23.0% 13.0% 6.0% 100.0%

2005 35.0% 19.0% 25.0% 14.0% 7.0% 100.0%

HWKN

Segment Industrial Water Treatment Pharmaceutical Total

2009 70.9% 29.1%

2008 66.7% 33.3%

100.0%

100.0%

2007 59.5% 35.1% 5.4% 100.0%

2006 58.7% 34.1% 7.1% 100.0%

Segment Energy Storage Separations Media Total

2008 74.0% 26.0% 100.0%

2007 71.0% 29.0% 100.0%

2006 72.0% 28.0% 100.0%

2005 72.0% 28.0% 100.0%

PPO

* 2004 consits of Jan. 4-May 1, 2004 and May 2, 2004 -January 1, 2005

IEX

Segment Fluid & Metering Technologies Health & Science Technologies Dispensing Equipment Fire & Safety/Diversified Products Total

2008 47.0% 22.0% 11.0% 20.0% 100.0%

2007 41.8% 24.0% 13.0% 21.1% 100.0%

2006 37.5% 26.3% 13.8% 22.4% 100.0%

2005 37.7% 23.2% 15.6% 23.5% 100.0%

ITRI

Segment Electricity- Itron NA Electricity- Actaris Gas Water Total

2008 19.1% 31.2% 16.2% 33.5% 100.0%

2007 27.2% 29.0% 13.9% 29.9% 100.0%

2006 100.0%

2005 100.0%

100.0%

100.0%

Segment Residential & Commercial Industrial Total

2008 83.0% 17.0% 100.0%

2007 79.2% 20.8% 100.0%

2006 80.9% 19.1% 100.0%

2005 79.9% 20.1% 100.0%

BMI

CCC

Segment Activated Carbon and Service Equipment Consumer Total

2008 85.5% 11.8% 2.7% 100.0%

2007 84.2% 11.8% 4.0% 100.0%

2006 83.9% 12.0% 4.1% 100.0%

2005 83.2% 12.7% 4.1% 100.0%

2004 33.0% 10.0% 38.0% 19.0% 100.0%

2008 2007 4860.8 3537.9 3277 2998 3265.5 3153.4 1294.2 1336.6 $12,697.50 $11,025.90

2006 2906.5 2220 2988.8 1350.8 $9,466.10

2005 2600.6 1181.5 2908.1 1294.5 $7,984.70

2004 2290.6 672.9 2619.5 1306.3 $6,889.30

2004 40.0% 43.0% 17.0%

2008 6282.3 3840.6 1583.4

2007 4176.2 3509.1 1332.5

2006 3659.3 3070.1 1092.9

2005 3224.2 2799.1 1030.9

2004 2414 2560.1 1003.1

100.0%

$11,706.30

$9,017.80

$7,822.30

$7,054.20

$5,977.20

2004 34.0% 35.0% 20.0% 11.0%

2008 1805.08 1228.99 806.53

2007 1649.28 1158 701.82

2006 1412.25 1074.54 583.32

2005 979.69 951.69 531.83 335.89

2004 870.43 896.04 512.02 281.61

100.0%

$3,840.60

$3,509.10

$3,070.10

$2,799.10

$2,560.10

2004 68.6% 31.4% 100.0%

2008 2206.14 1145.83 $3,351.98

2007 2230.77 1050.13 $3,280.90

2006 2023.36 999.24 $3,022.60

2005 2131.51 815.07 $2,946.58

2004 1563.39 714.74 $2,278.13

2004 46.0% 26.6% 21.9% 5.5% 100.0%

2008 1813.4 1506.4 776.9 115.7 $4,212.40

2007 1753.2 1279.2 779 101.1 $3,912.50

2006 1593.9 1147.8 753.9 107 $3,602.60

2005 1497.4 901 699.2 214.8 $3,312.40

2004 1396.1 806.6 662.9 167.7 $3,033.30

2004 84.9% 7.1% 8.0%

2008 1305.65 210.9 108.77

2007 1279.84 243.05 132.43

2006 1243.24 195.13 128.16

2005 1182.95 144.16 125.86

2004 1061.04 88.73 99.44

100.0%

$1,625.31

$1,655.31

$1,566.53

$1,452.96

$1,249.20

2004

2008

2007

2006

2005

2004

47.2% 28.7% 22.5% 1.6% 100.0%

687.62 548.21 375.54 694.99 $2,306.37

644.44 516.42 376.16 565.03 $2,102.05

549.99 343.7 338.91 468.14 $1,700.73

496.06 311.2 249.9 396.57 $1,453.73

458.02 278.78 217.75 15.21 $969.76

2004 32.0% 18.0% 28.0% 16.0% 6.0% 100.0%

2008 1744.67 760.5 1028.91 671.03 268.41 $4,473.50

2007 1467.45 714.91 903.05 451.52 225.76 $3,762.70

2006 1316.27 459.17 704.05 397.94 183.67 $3,061.10

2005 943.36 512.11 673.83 377.34 188.67 $2,695.30

2004 807.2 454.05 706.3 403.6 151.35 $2,522.50

2005 55.6% 36.0% 8.3% 100.0%

2009 201.6 82.76

2008 124.6 62.07

$284.36

$186.66

2007 95.39 56.37 8.64 $160.41

2006 84.19 48.95 10.19 $143.33

2005 64.13 41.53 9.62 $115.28

2004 68.0% 32.0% 100.0%

2008 451.77 158.73 $610.50

2007 381.34 155.76 $537.10

2006 345.38 134.32 $479.70

2005 311.4 121.1 $432.50

2004 333.47 156.93 $490.40

2004 38.9% 20.8% 16.0% 24.2% 100.0%

2008 697.7 331.59 163.86 300.46 $1,493.62

2007 $570.31 327.17 177.95 288.42 $1,363.85

2006 435.53 304.89 159.79 260.08 $1,160.30

2005 383.16 235.5 158.11 238.99 $1,015.77

2004 352.15 188.29 145.09 219.01 $904.54

2004 100.0%

2007 398.39 423.91 204.1 437.64 $1,464.05

2006 644

2005 552.7

2004 399

100.0%

2008 364.31 595.05 309.67 640.59 $1,909.61

$644.00

$552.70

$399.00

2004 79.6% 20.4% 100.0%

2008 232 47.6 $279.60

2007 185.9 48.9 $234.80

2006 185.88 43.9 $229.78

2005 162.7 41 $203.70

2004 150.1 38.6 $188.70

2004 83.0% 13.5% 3.5% 100.0%

2008 342.33 47.29 10.66 $400.27

2007 295.61 41.33 14.19 $351.12

2006 265.28 37.88 12.96 $316.12

2005 241.93 36.87 12.03 $290.84

2004 245.5 39.94 10.44 $295.88

FCF Analsysis - George C. Christy Template - Water Companies Company: CCC

(000,000's)

(All whole numbers except per share and return numbers) 2009

2008

2007

2006

ADJUSTMENTS TO GAAP CASH FLOW Cash provided by operating activities (Net CFO)

$25.6

$29.4

$(5.8)

$(10.0)

$(1.1)

$3.2

(14.9)

(9.6)

(1.5)

--

--

--

(2.1)

0.3

2.8

Changes in Working Capital / Other Accounts receivable Inventories Prepaid Expenses Other Assets Accounts payable

--

--

--

Accrued Expenses

(6.2)

(7.8)

(11.4)

Payable/Accrued

2.6

5.4

(6.6)

Taxes Payable

--

--

--

Other Liabilities

--

--

--

0.1

1.7

1.9

Other Assets & Liabilities, Net Other Operating Cash Flow

--

--

--

$30.5

$11.1

$11.6

7.6%

3.1%

3.7%

$56.1

$40.5

$5.8

$(56.3)

$(33.0)

$(11.8)

$(12.9)

$(56.3)

$(33.0)

$(11.8)

$(12.9)

Total Changes in Working Capital / Other % of Revenues Operating Cash Flow (OCF) Capital expenditures (Capex) Adjustments to Capex: Adjusted Capex FROM THE BALANCE SHEET Accounts receivable

$64.5

$57.6

$55.0

Inventories

93.7

81.3

70.3

Accounts payable

39.7

39.4

36.6

$118.6

$99.4

$88.8

Net of receivables, inventories and payables Net as % of Revenues Total debt FREE CASH FLOW STATEMENT

2009

Revenues

30%

28%

28%

$10.4

$76.9

$74.8

2008

2007

2006

$416.6

$400.3

$351.1

$316.1

Cash Operating Costs

358.2

344.2

310.7

310.3

Operating Cash Flow

58.4

56.1

40.5

5.8

∆ Working Capital

31.7

30.5

11.1

11.6

(56.3)

(33.0)

(11.8)

(12.9)

$(29.6)

$(7.4)

$17.6

$(18.7)

Capex Free Cash Flow Weighted avg. shares - diluted

54.2

53.4

50.6

39.9

Free Cash Flow per share (FCS)

$(0.55)

$(0.14)

$0.35

$(0.47)

Stock price

$12.79 -4.3%

GAAP Data

2009

2008

2007

2006

EPS

$0.59

$0.67

$0.31

$(0.23)

Net Income

$33.0

$35.6

$15.5

$(9.0)

139%

53%

N/A

-12%

116%

N/A

N/A

EPS as % of OCF per share

55%

64%

39%

N/A

EPS as % of FCS

N/A

N/A

89%

N/A

Net Income as % of Net CFO % ∆ EPS

Percentages

2009

2008

2007

2006

% Δ Revenues

4.1%

14.0%

11.1%

8.7%

% Δ Cash Operating Costs

4.1%

10.8%

0.1%

12.8%

% Δ Operating Cash Flow

4.1%

38.6%

596.4%

(63.4%)

70.4%

180.0%

(8.3%)

(19.6%)

N/A

N/A

N/A

N/A

1.5%

5.6%

26.6%

0.8%

N/A

N/A

N/A

N/A

14.0%

14.0%

11.5%

1.8%

(13.5%)

(8.2%)

(3.4%)

(4.1%)

(7.1%)

(1.9%)

5.0%

(5.9%)

% Δ Capex % Δ Free Cash Flow % ∆ in # of diluted shares % Δ FCS OCF Margin (OCF as % of Revenues) Capex as % of Revenues FCF Margin (FCF as % of Revenues) Per Share Data

2009

Revenues

2008

2007

2006

$7.68

$7.50

$6.94

$7.92

Cash Operating Costs

6.61

6.45

6.14

7.77

Operating Cash Flow

1.08

1.05

0.80

0.15

(1.04)

(0.62)

(0.23)

(0.32)

$(0.55)

$(0.14)

$0.35

$(0.47)

Capex Free Cash Flow Incremental Data

2009

2008

2007

2006

Incremental OCF per $1 of additional Rev.

$0.14

$0.32

$0.99

N/A

Incremental FCF per $1 of additional Rev.

N/A

N/A

$1.04

N/A

Company's Reinvestment Return

2009

Incremental OCF

2008

2007

2006

$2.3

$15.6

$34.7

N/A

(24.5)

(2.5)

(0.7)

(1.3)

Reinvestment Return

N/A

N/A

N/A

N/A

Reinvestment Return on Prior Year's Capex

N/A

83%

N/A

N/A

Reinvestment (∆ WC + Capex)

CASH SOURCES AND CASH DEPLOYMENTS CASH SOURCES

2009

2008

2007

2006

Free Cash Flow

$(29.6)

$(7.4)

$17.6

$(18.7)

Total Cash Sources

$(29.6)

$(7.4)

$17.6

$(18.7)

N/A

N/A

100%

N/A

FCF as a % of Total Cash Sources CASH DEPLOYMENTS Acquisitions

2009

2008

2007

2006

Acquisitions

$-

Acquired firm(s) projected FCS ∆ in # of shares

$-

$-

$-

$0.02 2009

2008

Buybacks

$(1.8)

Stock price

2007

2006

$(1.2)

$(0.2)

$(0.1)

5.1

3.1

0.5

$12.79

# of shares purchased

(0.1)

Shares issued

2.9

Stock price

$12.79

# of shares issued

0.2

Net ∆ in # of shares

0.4

Weighted avg. shares - diluted

53.8

53.4

50.6

39.9

∆ FCS due to ∆ in # of shares

N/A

N/A

$(0.09)

N/A

∆ Share value due to ∆ in # of shares

N/A

Dividends

2009

2008

Dividends Weighted avg. shares - diluted Dividend paid per share Dividend Yield

2006

$-

$-

$-

53.8

53.4

50.6

39.9

$-

$-

$-

$-

0.0%

(Dividends + Debt Service) as % of FCF Debt

2007

$-

N/A 2009

2008

Interest paid Debt Repayments

2007 $4.8

$5.3

$4.6

-

(11.0)

-

(165.6)

1.5

156.5

Borrowings

-

Total Cash Sources

2006

$1

$(29.6)

Total Cash Deployed

(1.8)

∆ in Debt

27.9

11.0

1.5

322.1

∆ in Debt per share

$0.52

$0.21

$0.03

$8.07

∆ Share value due to ∆ Debt per share

-4.1%

OPERATIONS

2009

Free Cash Flow per share (FCS)

2008

2007

$(0.55)

$(0.14)

(0.41)

(0.49)

0.82

N/A

N/A

(0.09)

∆ FCS due to existing operations

N/A

N/A

0.91

∆ FCS due to acquisition(s)

0.02

∆ FCS due to existing operations + acquisition(s)

N/A

∆ Share value due to ∆ Operations' FCS

N/A

∆ FCS from previous year Less ∆ FCS due to ∆ in # of shares

INVESTOR RETURN Stock price

2009 $12.79

∆ Share value due to ∆ in # of shares

N/A

Dividend Yield

0.0%

∆ Share value due to ∆ Debt per share

-4.1%

∆ Share value due to ∆ Operations' FCS

N/A

Total Investor Return

N/A

Target price

N/A

RETURN MULTIPLE Treasuries

5 Years 2.5%

$0.35

Investor Return Multiple versus Treasuries Corporate Bonds - AAA Investor Return Multiple versus AAA's Corporate Bonds - AA Investor Return Multiple versus AA's Corporate Bonds - A Investor Return Multiple versus A's Copyright © by George C. Christy. All rights reserved.

3.1% 4.1% 4.7% -

Water Companies Company: DHR

(000,000's)

2005

(All whole numbers except per share and return numbers) 2009

2008

ADJUSTMENTS TO GAAP CASH FLOW $12.8

Cash provided by operating activities (Net CFO)

$1,859.0

Changes in Working Capital / Other $4.3 (13.0) -2.8

Accounts receivable

$71.4

Inventories

33.1

Prepaid Expenses

(4.8)

Other Assets

--

--

Accounts payable

3.7

(4.5)

Accrued Expenses

(15.0)

5.4

Payable/Accrued

--

--

Taxes Payable

--

--

Other Liabilities

--

Other Assets & Liabilities, Net

--

2.1 -$3.0 1.0%

Other Operating Cash Flow

--

Total Changes in Working Capital / Other

$(88.4)

% of Revenues

$15.9

Operating Cash Flow (OCF)

$(16.0)

Capital expenditures (Capex)

(0.7%) $1,770.6 $(164.7)

$(193.8)

$(164.7)

$(193.8)

Adjustments to Capex: $(16.0)

Adjusted Capex FROM THE BALANCE SHEET

$51.2

Accounts receivable

67.7

Inventories

36.2

Accounts payable

$82.7 28% $83.9 2005

1,142.3 1,109.0

Net of receivables, inventories and payables

$1,927.9

Net as % of Revenues

15%

Total debt FREE CASH FLOW STATEMENT

$290.8

$1,894.6

Revenues

$2,619.3 2009

2008

$11,199.6

$12,697.5

275.0

Cash Operating Costs

9,637.9

10,926.9

15.9

Operating Cash Flow

1,561.7

1,770.6

3.0

∆ Working Capital

(78.0)

(88.4)

(164.7)

(193.8)

$1,475.1

$1,665.3

Weighted avg. shares - diluted

318.7

335.9

Free Cash Flow per share (FCS)

$4.63

$4.96

(16.0)

Capex

$(3.2)

Free Cash Flow

39.6 $(0.08)

Stock price

$59.47 7.8%

GAAP Data

2009

2008

$(0.27)

EPS

$(10.5)

Net Income

$3.46

$3.95

$1,147.4

$1,317.6

Net Income as % of Net CFO

71%

% ∆ EPS

-12%

6%

EPS as % of OCF per share

71%

75%

EPS as % of FCS

75%

80%

Percentages

2005

2008

(11.8%)

15.2%

% Δ Cash Operating Costs

(11.8%)

15.1%

% Δ Operating Cash Flow

(11.8%)

15.6%

% Δ Capex

(15.0%)

19.6%

% Δ Free Cash Flow

(11.4%)

12.2%

% ∆ in # of diluted shares

(5.1%)

1.9%

% Δ FCS

(6.7%)

10.1%

OCF Margin (OCF as % of Revenues)

13.9%

13.9%

Capex as % of Revenues

(1.5%)

(1.5%)

FCF Margin (FCF as % of Revenues)

13.2%

13.1%

Per Share Data $7.34

2009

% Δ Revenues

2009

Revenues

2008 $35.14

$37.81 32.53

6.94

Cash Operating Costs

30.24

0.40

Operating Cash Flow

4.90

5.27

Capex

(0.52)

(0.58)

Free Cash Flow

$4.63

$4.96

(0.40) $(0.08)

Incremental Data

2009

2008

Incremental OCF per $1 of additional Rev.

N/A

$0.14

Incremental FCF per $1 of additional Rev.

N/A

$0.11

Company's Reinvestment Return

2009

Incremental OCF

2008 N/A

$238.4

(242.7)

(282.2)

Reinvestment Return

N/A

N/A

Reinvestment Return on Prior Year's Capex

N/A

N/A

Reinvestment (∆ WC + Capex)

CASH SOURCES AND CASH DEPLOYMENTS CASH SOURCES

2009 $1,475.1

$1,665.3

Total Cash Sources

$1,475.1

$1,665.3

100%

100%

FCF as a % of Total Cash Sources 2005

2008

Free Cash Flow

CASH DEPLOYMENTS Acquisitions

2009

2008

$(0.9)

Acquisitions

$(360.6)

Acquired firm(s) projected FCS 2005

∆ in # of shares $-

2009

2008

Buybacks

$(74.2)

Stock price

$59.47

# of shares purchased 3.1

243.5

82.4

$59.47

# of shares issued

4.1

Net ∆ in # of shares

5.3

Weighted avg. shares - diluted

341.2

335.9

∆ FCS due to ∆ in # of shares

$(0.07)

$(0.10)

∆ Share value due to ∆ in # of shares 2005

$(74.2)

(1.2)

Shares issued Stock price

39.6

$(423.2)

$0.00

Dividends

-1.6% 2009

2008

$3.6

Dividends

$40.9

$38.3

39.6

Weighted avg. shares - diluted

341.2

335.9

Dividend paid per share

$0.12

$0.11

$0.09

Dividend Yield

0.2%

(Dividends + Debt Service) as % of FCF 2005

Debt $5.1 (109.5) 108.8

7% 2009

2008

Interest paid Debt Repayments

$59

$72.0

-

(259.3)

Borrowings Total Cash Sources

72.7 $1,475.1

Total Cash Deployed 218.3

∆ in Debt

$5.51

∆ in Debt per share

(393.9) (1,868.9)

332.0

$(5.48)

$0.99

∆ Share value due to ∆ Debt per share OPERATIONS

9.2% 2009

2008

Free Cash Flow per share (FCS)

$4.63

∆ FCS from previous year

(0.33)

0.45

Less ∆ FCS due to ∆ in # of shares

(0.07)

(0.10)

∆ FCS due to existing operations

(0.26)

0.55

∆ FCS due to acquisition(s)

0.00

∆ FCS due to existing operations + acquisition(s)

(0.26)

∆ Share value due to ∆ Operations' FCS

-5.2%

INVESTOR RETURN Stock price

2009 $59.47

∆ Share value due to ∆ in # of shares

-1.6%

Dividend Yield

0.2%

∆ Share value due to ∆ Debt per share

9.2%

∆ Share value due to ∆ Operations' FCS

-5.2%

Total Investor Return Target price RETURN MULTIPLE Treasuries

2.6% $60.90 5 Years 2.5%

$4.96

Investor Return Multiple versus Treasuries Corporate Bonds - AAA

1.0 3.1%

Investor Return Multiple versus AAA's

N/A

Corporate Bonds - AA

4.1%

Investor Return Multiple versus AA's

N/A

Corporate Bonds - A

4.7%

Investor Return Multiple versus A's

N/A

numbers except per share and return numbers) 2007

Company: ITT 2006

(000,000's)

2005

ADJUSTMENTS TO GAAP CASH FLOW $1,645.8

$1,547.3

$1,203.8

Cash provided by operating activities (Net CFO) Changes in Working Capital / Other

$(72.6)

$(48.3)

$(66.5)

38.1

3.7

(20.6)

Accounts receivable Inventories

38.6

(15.0)

(38.3)

Prepaid Expenses

--

--

--

103.8

75.9

136.3

Accounts payable

5.7

98.1

7.1

Accrued Expenses

--

--

--

Payable/Accrued

--

--

--

Taxes Payable

--

--

--

Other Liabilities

--

--

--

Other Assets & Liabilities, Net

--

--

--

Other Operating Cash Flow

$(113.6)

$(114.5)

$(18.0)

(1.0%)

(1.2%)

(0.2%)

$1,532.2

$1,432.8

$1,185.8

Operating Cash Flow (OCF)

$(162.1)

$(136.4)

$(119.7)

Capital expenditures (Capex)

Other Assets

Total Changes in Working Capital / Other % of Revenues

Adjustments to Capex: $(162.1)

$(136.4)

$(119.7)

Adjusted Capex

$1,984.4

$1,654.7

$1,407.9

1,193.6

988.7

825.3

Inventories

1,125.6

932.9

782.9

Accounts payable

$2,052.4

$1,710.6

$1,450.3

FROM THE BALANCE SHEET

19%

18%

18%

$3,726.2

$2,433.7

$1,041.7

2007

2006

2005

Accounts receivable

Net of receivables, inventories and payables Net as % of Revenues Total debt FREE CASH FLOW STATEMENT

$11,025.9

$9,466.1

$7,871.5

9,493.7

8,033.3

6,685.7

Revenues Cash Operating Costs

1,532.2

1,432.8

1,185.8

Operating Cash Flow

(113.6)

(114.5)

(18.0)

(162.1)

(136.4)

(119.7)

$1,483.7

$1,410.8

$1,084.1

329.5

325.3

328.0

Weighted avg. shares - diluted

$4.50

$4.34

$3.31

Free Cash Flow per share (FCS)

∆ Working Capital Capex Free Cash Flow

Stock price

2007

2006

GAAP Data

$3.72

$3.44

$2.73

$1,214.0

$1,109.2

$885.6

74%

72%

Net Income as % of Net CFO

8%

26%

% ∆ EPS

80%

78%

EPS as % of OCF per share

83%

79%

EPS as % of FCS

2007

2006

EPS Net Income

Percentages

16.5%

20.3%

% Δ Revenues

18.2%

20.2%

% Δ Cash Operating Costs

6.9%

20.8%

% Δ Operating Cash Flow

18.8%

13.9%

% Δ Capex

5.2%

30.1%

% Δ Free Cash Flow

1.3%

(0.8%)

% ∆ in # of diluted shares

3.8%

31.2%

% Δ FCS

13.9%

15.1%

OCF Margin (OCF as % of Revenues)

(1.5%)

(1.4%)

Capex as % of Revenues

13.5%

14.9%

FCF Margin (FCF as % of Revenues)

2007

2006

2005

Per Share Data

$33.47

$29.10

$24.00

28.82

24.70

20.38

Cash Operating Costs

4.65

4.41

3.62

Operating Cash Flow

(0.49)

(0.42)

(0.37)

Capex

$4.50

$4.34

$3.31

Free Cash Flow

2007

2006

Revenues

Incremental Data

$0.06

$0.15

Incremental OCF per $1 of additional Rev.

$0.05

$0.20

Incremental FCF per $1 of additional Rev.

2007

2006

Company's Reinvestment Return

$99.4

$247.0

Incremental OCF

(275.7)

(250.9)

Reinvestment (∆ WC + Capex)

N/A

N/A

Reinvestment Return

N/A

N/A

Reinvestment Return on Prior Year's Capex CASH SOURCES AND CASH DEPLOYMENTS

2007

2006

CASH SOURCES

$1,483.7

$1,410.8

Free Cash Flow

$1,483.7

$1,410.8

Total Cash Sources

100%

100%

2007

2006

FCF as a % of Total Cash Sources 2005

CASH DEPLOYMENTS Acquisitions

$(3,599.8)

$(2,740.1)

$(885.1)

Acquisitions Acquired firm(s) projected FCS

2007

2006

$(117.5)

2005 $-

∆ in # of shares

$(257.7)

Buybacks Stock price # of shares purchased

733.0

98.4

59.9

Shares issued Stock price # of shares issued Net ∆ in # of shares

329.5

325.3

$(0.06)

$0.04

328.0

Weighted avg. shares - diluted ∆ FCS due to ∆ in # of shares ∆ Share value due to ∆ in # of shares

2007

2006

2005

Dividends

$34.3

$24.6

$21.6

Dividends

329.5

325.3

328.0

Weighted avg. shares - diluted

$0.10

$0.08

$0.07

Dividend paid per share Dividend Yield (Dividends + Debt Service) as % of FCF

2007

2006

2005

Debt

$95.0

$48.0

$43.0

(10.6)

(459.4)

(648.0)

493.7

757.5

355.8

Interest paid Debt Repayments Borrowings Total Cash Sources Total Cash Deployed

504.3

1,216.9

1,003.7

$1.53

$3.74

$3.06

∆ in Debt ∆ in Debt per share ∆ Share value due to ∆ Debt per share

2007

OPERATIONS $4.50 0.17 (0.06) 0.22

Free Cash Flow per share (FCS) ∆ FCS from previous year Less ∆ FCS due to ∆ in # of shares ∆ FCS due to existing operations ∆ FCS due to acquisition(s) ∆ FCS due to existing operations + acquisition(s) ∆ Share value due to ∆ Operations' FCS INVESTOR RETURN Stock price ∆ Share value due to ∆ in # of shares Dividend Yield ∆ Share value due to ∆ Debt per share ∆ Share value due to ∆ Operations' FCS Total Investor Return Target price RETURN MULTIPLE Treasuries

Investor Return Multiple versus Treasuries Corporate Bonds - AAA Investor Return Multiple versus AAA's Corporate Bonds - AA Investor Return Multiple versus AA's Corporate Bonds - A Investor Return Multiple versus A's

(All whole numbers except per share and return numbers) 2009

2008

2007

2006

2005

$1,110.5

$781.9

$860.9

$681.6

$(112.9)

$(236.7)

$(61.2)

$(183.9)

70.4

111.8

(101.4)

(26.2)

--

--

--

--

(21.9)

(106.0)

(74.0)

(16.2)

--

--

--

--

--

--

--

--

61.3

137.2

246.4

120.5

--

--

--

--

(0.8)

47.2

30.7

7.6

--

--

--

--

(3.9)

11.1

7.4

(0.4)

$7.8

$35.4

$(47.9)

$98.6

0.1%

0.4%

(0.6%)

1.4%

$1,118.3

$817.3

$813.0

$780.2

$(246.3)

$(248.7)

$(239.3)

$(177.1)

$(164.4)

$(246.3)

$(248.7)

$(239.3)

$(177.1)

$(164.4)

$1,961.1

$1,935.0

$1,288.9

$1,197.7

803.8

887.6

726.5

622.9

1,234.6

1,296.8

929.4

751.5

$1,530.3

$1,525.8

$1,086.0

$1,069.1

2009

13%

17%

14%

15%

$2,146.9

$3,566.0

$1,097.4

$1,266.9

2008

2007

2006

2005

$10,843.8

$11,694.8

$9,003.3

$7,807.9

$7,040.8

9,806.9

10,576.5

8,186.0

6,994.9

6,260.6

1,036.9

1,118.3

817.3

813.0

780.2

7.2

7.8

35.4

(47.9)

98.6

(246.3)

(248.7)

(239.3)

(177.1)

(164.4)

$783.4

$861.8

$542.6

$683.8

$517.2

182.0

183.4

184.0

187.4

188.5

$4.30

$4.70

$2.95

$3.65

$2.74

$43.06 10.0% 2009

2008

2007

2006

$3.43

$4.23

$3.44

$2.67

$2.81

$633.6

$775.2

$633.0

$499.7

$528.8

58%

70%

81%

-19%

23%

29%

-5%

60%

69%

77%

62%

80%

90%

117%

73%

2009

2008

2006

29.9%

15.3%

10.9%

(7.3%)

29.2%

17.0%

11.7%

(7.3%)

36.8%

0.5%

4.2%

(0.9%)

3.9%

35.1%

7.7%

(9.1%)

58.8%

(20.6%)

32.2%

(0.8%)

(0.3%)

(1.8%)

(0.6%)

(8.4%)

59.3%

(19.2%)

33.0%

9.6%

9.6%

9.1%

10.4%

(2.3%)

(2.1%)

(2.7%)

(2.3%)

7.2%

7.4%

6.0%

8.8%

2009

2008

2007

2006

2005

$59.58

$63.77

$48.93

$41.66

$37.35

53.88

57.67

44.49

37.33

33.21

5.70

6.10

4.44

4.34

4.14

(1.35)

(1.36)

(1.30)

(0.95)

(0.87)

$4.30

$4.70

$2.95

$3.65

$2.74

2009

2008

2007

2006

N/A

$0.11

$0.00

$0.04

N/A

$0.12

N/A

$0.22

2009

2008

2007

2006

N/A

$301.0

$4.3

$32.8

(239.1)

(240.9)

(203.9)

(225.0)

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

2009

2009

2007

(7.3%)

2008

2007

2006

$783.4

$861.8

$542.6

$683.8

$783.4

$861.8

$542.6

$683.8

100%

100%

100%

100%

2008

2007

2006

2005

$(81.4)

$(275.7)

$(2,009.2)

$(89.5)

$(69.0)

$0.01 2009

2008 $(75.0)

2007

2006

2005

$(75.0)

$(299.0)

$(210.0)

$(334.4)

34.4

65.4

69.0

151.9

187.0

183.4

184.0

187.4

188.5

$(0.08)

$0.02

$0.05

$0.02

$43.06 (1.7) 80.2 $43.06 1.9 3.6

-2.0% 2009

2008

2007

2006

2005

$159.0

$127.3

$101.7

$81.3

$66.5

187.0

183.4

184.0

187.4

188.5

$0.85

$0.69

$0.55

$0.43

$0.35

2.0% 33% 2009

2008

2007

2006

2005

$102

$135.5

$96.0

$80.4

$73.8

-

(23.3)

(15.2)

(13.3)

(17.6)

0.6

0.5

0.5

0.4

$783.4 2.6 (780.8)

23.9

15.7

13.8

18.0

$(4.18)

$0.13

$0.09

$0.07

$0.10

9.7% 2009

2008

2007

$4.30

$4.70

$2.95

(0.39)

1.75

(0.70)

(0.08)

0.02

0.05

(0.31)

1.73

(0.75)

0.01 (0.31) -6.5% 2009 $43.06 -2.0% 2.0% 9.7% -6.5% 3.2% $43.57 5 Years 2.5%

1.3 3.1% 1.0 4.1% N/A 4.7% N/A

Company: PNR

(000,000's)

(All whole numbers except per share and return numbers) 2009

2008

2007

2006

ADJUSTMENTS TO GAAP CASH FLOW Cash provided by operating activities (Net CFO)

$204.2

$341.3

$231.5

Changes in Working Capital / Other Accounts receivable

$(18.3)

$(19.1)

$15.5

Inventories

(33.3)

14.7

(45.8)

Prepaid Expenses

(27.4)

2.2

(5.0)

--

--

--

Accounts payable

(2.0)

19.5

(18.4)

Accrued Expenses

(29.2)

8.8

(11.5)

--

--

--

(4.4)

2.9

10.4

Other Assets

Payable/Accrued Taxes Payable Other Liabilities

9.3

(3.2)

6.1

18.2

13.0

3.4

--

--

--

$87.1

$(38.7)

$45.4

2.6%

(1.2%)

1.5%

$291.3

$302.6

$276.9

$(49.5)

$(53.1)

$(61.5)

$(50.9)

$(49.5)

$(53.1)

$(61.5)

$(50.9)

Other Assets & Liabilities, Net Other Operating Cash Flow Total Changes in Working Capital / Other % of Revenues Operating Cash Flow (OCF) Capital expenditures (Capex) Adjustments to Capex: Adjusted Capex FROM THE BALANCE SHEET Accounts receivable

$461.1

$461.4

$422.1

Inventories

417.3

379.0

398.9

Accounts payable

217.9

227.8

206.3

$660.5

$612.6

$614.7

Net of receivables, inventories and payables Net as % of Revenues Total debt FREE CASH FLOW STATEMENT Revenues

2009

20%

19%

20%

$954.1

$1,060.6

$744.1

2008

2007

2006

$2,715.4

$3,352.0

$3,280.9

$3,022.6

Cash Operating Costs

2,479.4

3,060.7

2,978.3

2,745.7

Operating Cash Flow

236.0

291.3

302.6

276.9

70.5

87.1

(38.7)

45.4

(49.5)

(53.1)

(61.5)

(50.9)

$115.9

$151.1

$279.8

$180.6

98.3

99.1

100.2

101.4

$1.18

$1.53

$2.79

$1.78

∆ Working Capital Capex Free Cash Flow Weighted avg. shares - diluted Free Cash Flow per share (FCS) Stock price

$24.96 4.7%

GAAP Data

2009

2008

2007

2006

EPS Net Income

$1.42

$2.59

$2.12

$1.84

$139.6

$256.4

$212.1

$186.3 80%

Net Income as % of Net CFO % ∆ EPS EPS as % of OCF per share EPS as % of FCS Percentages

126%

62%

-45%

22%

15%

2%

59%

88%

70%

67%

120%

170%

76%

103%

2009

2008

2007

2006

% Δ Revenues

(19.0%)

2.2%

8.5%

2.6%

% Δ Cash Operating Costs

(19.0%)

2.8%

8.5%

2.7%

% Δ Operating Cash Flow

(19.0%)

(3.7%)

9.3%

1.4%

(6.8%)

(13.7%)

20.9%

(18.5%)

(23.3%)

(46.0%)

54.9%

(2.6%)

% Δ Capex % Δ Free Cash Flow % ∆ in # of diluted shares % Δ FCS

(0.8%)

(1.1%)

(1.1%)

(1.2%)

(22.7%)

(45.4%)

56.7%

(1.4%)

8.7%

8.7%

9.2%

9.2%

(1.8%)

(1.6%)

(1.9%)

(1.7%)

4.3%

4.5%

8.5%

6.0%

OCF Margin (OCF as % of Revenues) Capex as % of Revenues FCF Margin (FCF as % of Revenues) Per Share Data

2009

Revenues

2008

2007

2006

$27.63

$33.83

$32.74

$29.82

Cash Operating Costs

25.23

30.89

29.72

27.09

Operating Cash Flow

2.40

2.94

3.02

2.73

Capex

(0.50)

(0.54)

(0.61)

(0.50)

Free Cash Flow

$1.18

$1.53

$2.79

$1.78

Incremental Data

2009

2008

2007

2006

Incremental OCF per $1 of additional Rev.

N/A

N/A

$0.10

$0.05

Incremental FCF per $1 of additional Rev.

N/A

N/A

$0.38

N/A

Company's Reinvestment Return

2009

2008

2007

2006

Incremental OCF

N/A

N/A

$25.7

$3.9

Reinvestment (∆ WC + Capex)

21.0

34.0

(100.2)

(5.5)

Reinvestment Return

N/A

N/A

N/A

N/A

Reinvestment Return on Prior Year's Capex

N/A

N/A

N/A

N/A

CASH SOURCES AND CASH DEPLOYMENTS CASH SOURCES

2009

2008

2007

2006

Free Cash Flow

$115.9

$151.1

$279.8

$180.6

Total Cash Sources

$115.9

$151.1

$279.8

$180.6

100%

100%

100%

100%

FCF as a % of Total Cash Sources CASH DEPLOYMENTS Acquisitions

2009

2008

2007

2006

Acquisitions

$(2.2)

Acquired firm(s) projected FCS

$0.01

∆ in # of shares

2009

$(2.0)

2008

Buybacks

$(37.5)

Stock price

$24.96

# of shares purchased

$(487.6)

2007

$(29.3)

2006

$(50.0)

$(40.6)

$(59.4)

1.6

4.2

3.0

(1.5)

Shares issued

4.4

Stock price

$24.96

# of shares issued

0.2

Net ∆ in # of shares

1.7

Weighted avg. shares - diluted

100.7

99.1

100.2

101.4

∆ FCS due to ∆ in # of shares

$(0.02)

$0.02

$0.03

$0.02

∆ Share value due to ∆ in # of shares Dividends

-1.7% 2009

2008

2007

2006

Dividends

$72.5

$67.3

$59.9

$56.6

Weighted avg. shares - diluted

100.7

99.1

100.2

101.4

Dividend paid per share

$0.72

$0.68

$0.60

$0.56

Dividend Yield

2.9%

(Dividends + Debt Service) as % of FCF

115%

Debt

2009

2008

Interest paid

$66.0

$51.4

-

(805.0)

(954.1)

(631.8)

715.0

1,269.4

609.0

(83.1)

1,520.0

2,223.5

1,240.7

$(0.82)

$15.34

$22.19

$12.24

Borrowings $115.9

Total Cash Deployed

32.8

∆ in Debt ∆ in Debt per share ∆ Share value due to ∆ Debt per share OPERATIONS

2006

$63.9

Debt Repayments Total Cash Sources

2007

$60

3.3% 2009

2008

2007

Free Cash Flow per share (FCS)

$1.18

$1.53

$2.79

∆ FCS from previous year

(0.35)

(1.27)

1.01

Less ∆ FCS due to ∆ in # of shares

(0.02)

0.02

0.03

∆ FCS due to existing operations

(0.33)

(1.28)

0.98

∆ FCS due to acquisition(s)

0.01

∆ FCS due to existing operations + acquisition(s)

(0.32)

∆ Share value due to ∆ Operations' FCS INVESTOR RETURN Stock price

-20.7% 2009 $24.96

∆ Share value due to ∆ in # of shares

-1.7%

Dividend Yield

2.9%

∆ Share value due to ∆ Debt per share ∆ Share value due to ∆ Operations' FCS

3.3% -20.7%

Total Investor Return

-16.2%

Target price

$20.18

RETURN MULTIPLE Treasuries

5 Years 2.5%

Investor Return Multiple versus Treasuries

N/A

Corporate Bonds - AAA

3.1%

Investor Return Multiple versus AAA's

N/A

Corporate Bonds - AA

4.1%

Investor Return Multiple versus AA's

N/A

Corporate Bonds - A

4.7%

Investor Return Multiple versus A's

N/A

Company: NLC

(000,000's)

2005

(All whole numbers except per share and return numbers) 2009

2008

ADJUSTMENTS TO GAAP CASH FLOW $247.9

Cash provided by operating activities (Net CFO)

$283.1

Changes in Working Capital / Other $(21.0) (19.2) (0.1) --

Accounts receivable

$(18.0)

Inventories

(92.8)

Prepaid Expenses

--

Other Assets

--

6.6

Accounts payable

(7.0)

(22.5)

Accrued Expenses

--

Payable/Accrued

--

10.4

Taxes Payable

--

21.1

Other Liabilities

(0.4)

Other Assets & Liabilities, Net

--

-$25.1 0.9%

-23.6

Other Operating Cash Flow

--

Total Changes in Working Capital / Other

$94.2

% of Revenues

$273.0

Operating Cash Flow (OCF)

$(62.5)

Capital expenditures (Capex)

2.2% $377.3 $(120.0)

$(133.1)

$(120.0)

$(133.1)

Adjustments to Capex: $(62.5)

Adjusted Capex FROM THE BALANCE SHEET

$423.9

Accounts receivable

$774.0

349.3

Inventories

411.8

207.3

Accounts payable

299.2

$565.8 19% $752.6 2005

Net of receivables, inventories and payables Net as % of Revenues

21%

Total debt FREE CASH FLOW STATEMENT

$2,946.6

$886.6

Revenues

$3,223.4 2009

2008

$3,869.1

$4,212.4

2,673.6

Cash Operating Costs

3,522.6

3,835.1

273.0

Operating Cash Flow

346.6

377.3

25.1 (62.5) $185.4

∆ Working Capital

86.5

94.2

Capex

(120.0)

(133.1)

Free Cash Flow

$140.0

$150.0

102.6

Weighted avg. shares - diluted

138.2

140.1

$1.81

Free Cash Flow per share (FCS)

$1.01

$1.07

Stock price

$15.37 6.6%

GAAP Data

2009

2008

$1.80 $185.1

EPS Net Income

$1.02

$(2.45)

$146.6

$(342.6)

Net Income as % of Net CFO

N/A

% ∆ EPS

N/A

N/A

EPS as % of OCF per share

41%

N/A

101%

N/A

EPS as % of FCS Percentages

2009 (8.1%)

7.7%

% Δ Cash Operating Costs

(8.1%)

8.4%

% Δ Operating Cash Flow

(8.1%)

0.8%

% Δ Capex

(9.8%)

16.1%

% Δ Free Cash Flow

(6.6%)

(28.2%)

% ∆ in # of diluted shares

(1.4%)

(4.5%)

% Δ FCS

(5.3%)

(24.8%)

OCF Margin (OCF as % of Revenues) Capex as % of Revenues FCF Margin (FCF as % of Revenues) 2005

Per Share Data $28.71

2008

% Δ Revenues

9.0%

9.0%

(3.1%)

(3.2%)

3.6%

3.6%

2009

Revenues

2008 $28.01

$30.07 27.37

26.05

Cash Operating Costs

25.50

2.66

Operating Cash Flow

2.51

2.69

(0.61)

Capex

(0.87)

(0.95)

$1.81

Free Cash Flow

$1.01

$1.07

Incremental Data

2009

2008

Incremental OCF per $1 of additional Rev.

N/A

$0.01

Incremental FCF per $1 of additional Rev.

N/A

N/A

Company's Reinvestment Return

2009

Incremental OCF

2008 N/A

$2.9

(33.5)

(38.9)

Reinvestment Return

N/A

N/A

Reinvestment Return on Prior Year's Capex

N/A

N/A

Reinvestment (∆ WC + Capex)

CASH SOURCES AND CASH DEPLOYMENTS CASH SOURCES

2009 $140.0

$150.0

Total Cash Sources

$140.0

$150.0

100%

100%

FCF as a % of Total Cash Sources 2005

2008

Free Cash Flow

CASH DEPLOYMENTS Acquisitions

2009

2008

$(150.5)

Acquisitions

$(42.9)

Acquired firm(s) projected FCS 2005

∆ in # of shares $(25.0)

2009

2008

Buybacks

$(95.7)

Stock price

$15.37

# of shares purchased 8.7

-

--

$15.37

# of shares issued

0

Net ∆ in # of shares

6.2

Weighted avg. shares - diluted

146.3

140.1

∆ FCS due to ∆ in # of shares

$(0.04)

$0.05

∆ Share value due to ∆ in # of shares 2005

$(103.3)

(6.2)

Shares issued Stock price

102.6

$(21.7)

$0.01

Dividends

-4.4% 2009

2008

$53.1

Dividends

$20.5

$19.6

102.6

Weighted avg. shares - diluted

146.3

140.1

$0.52

Dividend paid per share

$0.14

$0.14

2005

Dividend Yield

0.9%

(Dividends + Debt Service) as % of FCF

165%

Debt $44.4 (396.0) 413.3

2009

2008

Interest paid Debt Repayments

$210

$213.7

-

(70.8)

Borrowings

34.0

Total Cash Sources

$140.0

Total Cash Deployed

(118.1)

809.3

∆ in Debt

(258.1)

104.8

$7.89

∆ in Debt per share

$(1.76)

$0.75

∆ Share value due to ∆ Debt per share OPERATIONS

11.5% 2009

2008

Free Cash Flow per share (FCS)

$1.01

$1.07

∆ FCS from previous year

(0.06)

(0.35)

Less ∆ FCS due to ∆ in # of shares

(0.04)

0.05

∆ FCS due to existing operations

(0.01)

(0.40)

∆ FCS due to acquisition(s)

0.01

∆ FCS due to existing operations + acquisition(s)

(0.01)

∆ Share value due to ∆ Operations' FCS

-0.7%

INVESTOR RETURN Stock price

2009 $15.37

∆ Share value due to ∆ in # of shares

-4.4%

Dividend Yield

0.9%

∆ Share value due to ∆ Debt per share

11.5%

∆ Share value due to ∆ Operations' FCS

-0.7%

Total Investor Return Target price RETURN MULTIPLE Treasuries

7.2% $16.34 5 Years 2.5%

Investor Return Multiple versus Treasuries Corporate Bonds - AAA Investor Return Multiple versus AAA's Corporate Bonds - AA Investor Return Multiple versus AA's Corporate Bonds - A Investor Return Multiple versus A's

2.9 3.1% 2.3 4.1% 1.7 4.7% 1.6

numbers except per share and return numbers) 2007

Company: ROP 2006

(000,000's)

2005

ADJUSTMENTS TO GAAP CASH FLOW $323.4

$284.8

$199.9

Cash provided by operating activities (Net CFO) Changes in Working Capital / Other

$(55.4)

$(40.6)

$(59.9)

6.2

(15.4)

(8.1)

Accounts receivable

--

--

--

Prepaid Expenses

--

--

-

Other Assets

7.3

(8.8)

29.8

Accounts payable

--

--

--

Accrued Expenses

--

--

--

Payable/Accrued

--

--

--

Taxes Payable

--

--

-

Other Liabilities

(9.1)

12.9

(72.5)

--

--

--

$51.0

$51.9

$110.7

1.3%

1.4%

3.3%

$374.4

$336.7

$310.6

Operating Cash Flow (OCF)

$(114.6)

$(93.4)

$(74.6)

Capital expenditures (Capex)

Inventories

Other Assets & Liabilities, Net Other Operating Cash Flow Total Changes in Working Capital / Other % of Revenues

Adjustments to Capex: $(114.6)

$(93.4)

$(74.6)

Adjusted Capex

$805.6

$695.3

$622.3

350.4

340.7

313.2

Inventories

316.4

288.2

285.4

Accounts payable

$839.6

$747.8

$650.1

FROM THE BALANCE SHEET

21%

21%

20%

$3,324.1

$3,188.8

$3,266.8

2007

2006

2005

Accounts receivable

Net of receivables, inventories and payables Net as % of Revenues Total debt FREE CASH FLOW STATEMENT

$3,912.5

$3,602.6

$3,312.4

3,538.1

3,265.9

3,001.8

Revenues Cash Operating Costs

374.4

336.7

310.6

Operating Cash Flow

51.0

51.9

110.7

∆ Working Capital

(114.6)

(93.4)

(74.6)

Capex

$208.8

$191.4

$125.3

146.7

146.7

146.6

Weighted avg. shares - diluted

$1.42

$1.30

$0.85

Free Cash Flow per share (FCS)

Free Cash Flow

Stock price

2007

2006

GAAP Data

$0.88

$0.67

$0.33

EPS

$129.0

$98.9

$47.8

Net Income

40%

35%

31%

103%

34%

29%

EPS as % of OCF per share

62%

51%

EPS as % of FCS

2007

Net Income as % of Net CFO % ∆ EPS

2006

Percentages

8.6%

8.8%

% Δ Revenues

8.3%

8.8%

% Δ Cash Operating Costs

11.2%

8.4%

% Δ Operating Cash Flow

22.7%

25.2%

% Δ Capex

9.1%

52.8%

% Δ Free Cash Flow

0.0%

0.1%

9.1%

52.6%

9.6%

9.3%

(2.9%)

(2.6%)

5.3%

5.3%

2007

2006

% ∆ in # of diluted shares % Δ FCS OCF Margin (OCF as % of Revenues) Capex as % of Revenues FCF Margin (FCF as % of Revenues) 2005

Per Share Data

$26.67

$24.56

$22.59

24.12

22.26

20.48

Cash Operating Costs

2.55

2.30

2.12

Operating Cash Flow

(0.78)

(0.64)

(0.51)

Capex

$1.42

$1.30

$0.85

Free Cash Flow

2007

2006

Revenues

Incremental Data

$0.12

$0.09

Incremental OCF per $1 of additional Rev.

$0.06

$0.23

Incremental FCF per $1 of additional Rev.

2007

2006

Company's Reinvestment Return

$37.7

$26.1

Incremental OCF

(63.6)

(41.5)

Reinvestment (∆ WC + Capex)

N/A

N/A

Reinvestment Return

N/A

N/A

Reinvestment Return on Prior Year's Capex CASH SOURCES AND CASH DEPLOYMENTS

2007

2007

2006

CASH SOURCES

$208.8

$191.4

Free Cash Flow

$208.8

$191.4

Total Cash Sources

100%

100% 2006

FCF as a % of Total Cash Sources 2005

CASH DEPLOYMENTS Acquisitions

$(28.3)

$(6.4)

$-

Acquisitions Acquired firm(s) projected FCS

2007

2006

$(108.0)

2005 $-

∆ in # of shares --

Buybacks Stock price # of shares purchased

--

-

-

Shares issued Stock price # of shares issued Net ∆ in # of shares

146.7

146.7

$-

$(0.00)

146.6

Weighted avg. shares - diluted ∆ FCS due to ∆ in # of shares ∆ Share value due to ∆ in # of shares

2007

2006

2005

Dividends

$20.0

$-

$-

146.7

146.7

146.6

$0.14

$-

$-

Dividends Weighted avg. shares - diluted Dividend paid per share Dividend Yield (Dividends + Debt Service) as % of FCF

2007

2006

2005

Debt

$227.8

$226.3

$217.6

Interest paid

(40.1)

(205.6)

(145.8)

Debt Repayments

50.2

-

24.3

Borrowings Total Cash Sources Total Cash Deployed

90.3

205.6

170.1

∆ in Debt

$0.62

$1.40

$1.16

∆ in Debt per share ∆ Share value due to ∆ Debt per share

2007

OPERATIONS $1.42 0.12 0.12

Free Cash Flow per share (FCS) ∆ FCS from previous year Less ∆ FCS due to ∆ in # of shares ∆ FCS due to existing operations ∆ FCS due to acquisition(s) ∆ FCS due to existing operations + acquisition(s) ∆ Share value due to ∆ Operations' FCS INVESTOR RETURN Stock price ∆ Share value due to ∆ in # of shares Dividend Yield ∆ Share value due to ∆ Debt per share ∆ Share value due to ∆ Operations' FCS Total Investor Return Target price RETURN MULTIPLE Treasuries

Investor Return Multiple versus Treasuries Corporate Bonds - AAA Investor Return Multiple versus AAA's Corporate Bonds - AA Investor Return Multiple versus AA's Corporate Bonds - A Investor Return Multiple versus A's

(All whole numbers except per share and return numbers) 2009

2008

2007

2006

2005

$434.4

$343.8

$262.5

$281.3

$14.6

$(21.2)

$(34.6)

$(10.5)

(9.7)

(31.5)

(14.4)

9.9

--

--

--

--

--

--

--

--

--

--

--

--

--

--

--

--

9.2

14.2

32.9

11.2

(0.2)

23.8

(4.5)

41.6

--

--

--

-

--

--

--

--

(0.1)

(5.5)

(7.7)

0.3

$(13.9)

$20.1

$28.3

$(52.5)

(0.6%)

1.0%

1.7%

(3.6%)

$420.5

$363.9

$290.8

$228.8

$(25.2)

$(30.1)

$(30.1)

$(32.2)

$(24.8)

$(25.2)

$(30.1)

$(30.1)

$(32.2)

$(24.8)

$438.0

$420.0

$353.8

$257.2

185.9

174.1

168.3

131.8

121.8

115.8

96.1

71.7

$502.1

$478.4

$425.9

$317.4

2009

22%

23%

25%

22%

$1,267.5

$1,058.6

$1,026.8

$894.3

2008

2007

2006

2005

$2,157.2

$2,306.4

$2,102.1

$1,700.7

$1,453.7

1,763.9

1,885.8

1,738.2

1,409.9

1,224.9

393.3

420.5

363.9

290.8

228.8

(13.0)

(13.9)

20.1

28.3

(52.5)

(25.2)

(30.1)

(30.1)

(32.2)

(24.8)

$381.1

$404.4

$313.7

$230.4

$256.5

90.5

93.7

93.2

90.9

87.9

$4.21

$4.32

$3.36

$2.54

$2.92

$44.08 9.5% 2009

2008

2007

2006

$2.63

$3.06

$2.68

$2.13

$1.74

$239.3

$286.5

$250.0

$193.3

$153.2

66%

73%

74%

-14%

14%

26%

22%

61%

68%

69%

67%

62%

71%

80%

84%

2009

2008

2007

2006

(6.5%)

9.7%

23.6%

(6.5%)

8.5%

23.3%

15.1%

(6.5%)

15.6%

25.1%

27.1%

(16.0%)

(0.2%)

(6.3%)

29.8%

(5.8%)

28.9%

36.2%

(10.2%)

(3.4%)

0.5%

2.6%

3.4%

(2.5%)

28.3%

32.7%

(13.2%)

18.2%

18.2%

17.3%

17.1%

(1.2%)

(1.3%)

(1.4%)

(1.9%)

17.7%

17.5%

14.9%

13.5%

2009

2008

2007

2006

2005

$23.83

$24.61

$22.55

$18.71

$16.54

19.48

20.13

18.64

15.51

13.94

4.34

4.49

3.90

3.20

2.60

(0.28)

(0.32)

(0.32)

(0.35)

(0.28)

$4.21

$4.32

$3.36

$2.54

$2.92

2009

2008

2007

2006

N/A

$0.28

$0.18

$0.25

N/A

$0.44

$0.21

N/A

2009

2008

2007

2006

N/A

$56.6

$73.1

$62.0

(38.2)

(44.0)

(10.0)

(3.9)

N/A

N/A

N/A

N/A

N/A

N/A

N/A

1776%

2009

2009

17.0%

2008

2007

2006

$381.1

$404.4

$313.7

$230.4

$381.1

$404.4

$313.7

$230.4

100%

100%

100%

100%

2008

2007

2006

2005

$(327.8)

$(704.8)

$(106.9)

$(352.1)

$(329.9)

$0.01 2009

2008 $-

2007

2006

2005

$-

$-

$-

$-

-

-

-

-

87.9

$44.08 0 $44.08 0 93.7 $-

93.7

93.2

90.9

$(0.02)

$(0.09)

$(0.09)

0.0% 2009

2008

2007

2006

2005

$30.9

$26.9

$23.7

$21.0

93.7

93.7

93.2

90.9

$18.8 87.9

$0.33

$0.29

$0.25

$0.23

$0.21

0.7% 19% 2009

2008

2007

2006

2005

$43

$39.1

$50.2

$43.7

$38.6

-

(908.6)

(65.5)

(32.8)

(32.8)

850.0

93.1

158.4

40.6

(678.0)

1,758.6

158.6

191.2

73.4

$(7.24)

$18.77

$1.70

$2.10

$0.83

$381.1 (296.9)

16.4% 2009

2008

2007

$4.21

$4.32

(0.11)

0.95

0.83

(0.02)

(0.09)

0.97

0.92

(0.11) 0.01 (0.10) -2.2% 2009 $44.08 0.0% 0.7% 16.4% -2.2% 14.9% $50.34 5 Years 2.5%

$3.36

6.0 3.1% 4.8 4.1% 3.6 4.7% 3.2

Company: FLS

(000,000's)

(All whole numbers except per share and return numbers) 2009

2008

2007

2006

ADJUSTMENTS TO GAAP CASH FLOW Cash provided by operating activities (Net CFO)

$406.0

$417.4

$163.2

$(195.1)

$(82.4)

$(40.8)

(195.5)

(101.8)

(98.4)

Prepaid Expenses

(21.7)

(26.6)

(6.6)

Other Assets

(18.2)

(9.8)

(8.9)

Changes in Working Capital / Other Accounts receivable Inventories

Accounts payable

99.8

75.2

58.7

Accrued Expenses

228.9

230.6

76.7

Payable/Accrued

--

--

--

Taxes Payable

--

--

--

31.5

19.0

(11.4)

Other Assets & Liabilities, Net

--

--

--

Other Operating Cash Flow

--

--

--

$70.2

$(104.2)

$30.6

1.6%

(2.8%)

1.0%

$476.3

$313.2

$193.8

$(104.8)

$(126.9)

$(89.0)

$(73.5)

$(104.8)

$(126.9)

$(89.0)

$(73.5)

$551.8

Other Liabilities

Total Changes in Working Capital / Other % of Revenues Operating Cash Flow (OCF) Capital expenditures (Capex) Adjustments to Capex: Adjusted Capex FROM THE BALANCE SHEET Accounts receivable

$808.5

$666.7

Inventories

834.6

680.2

547.4

Accounts payable

598.5

513.2

412.9

$1,044.6

$833.8

$686.3

Net of receivables, inventories and payables Net as % of Revenues Total debt FREE CASH FLOW STATEMENT Revenues

2009

23%

22%

22%

$573.4

$558.0

$564.6

2008

2007

2006

$4,471.1

$4,473.5

$3,762.7

$3,061.1

Cash Operating Costs

3,995.1

3,997.2

3,449.5

2,867.3

Operating Cash Flow

476.0

476.3

313.2

193.8

70.2

70.2

(104.2)

30.6

Capex

(104.8)

(126.9)

(89.0)

(73.5)

Free Cash Flow

$301.0

$279.1

$328.4

$89.7

∆ Working Capital

Weighted avg. shares - diluted Free Cash Flow per share (FCS) Stock price

56.0

57.2

57.3

56.9

$5.37

$4.88

$5.73

$1.58

$72.13 7.4%

GAAP Data

2009

2008

2007

2006

EPS Net Income

$7.27

$7.74

$4.46

$2.00

$415.2

$442.4

$255.8

$114.0

Net Income as % of Net CFO % ∆ EPS EPS as % of OCF per share EPS as % of FCS Percentages

109%

61%

70%

74%

123%

120%

86%

93%

82%

59%

135%

159%

78%

127%

-6%

2009

2008

2007

2006

% Δ Revenues

(0.1%)

18.9%

22.9%

13.6%

% Δ Cash Operating Costs

(0.1%)

15.9%

20.3%

11.9%

% Δ Operating Cash Flow

(0.1%)

52.1%

61.6%

46.1%

(17.4%)

42.7%

21.0%

49.2%

7.8%

(15.0%)

266.3%

14.7%

% Δ Capex % Δ Free Cash Flow % ∆ in # of diluted shares

(2.0%)

(0.2%)

0.7%

0.4%

% Δ FCS

10.1%

(14.8%)

263.8%

14.2%

OCF Margin (OCF as % of Revenues)

10.6%

10.6%

8.3%

6.3%

Capex as % of Revenues

(2.3%)

(2.8%)

(2.4%)

(2.4%)

6.7%

6.2%

8.7%

2.9%

FCF Margin (FCF as % of Revenues) Per Share Data

2009

Revenues

2008

2007

2006

$79.80

$78.23

$65.68

$53.79

Cash Operating Costs

71.31

69.91

60.21

50.38

Operating Cash Flow

8.50

8.33

5.47

3.41

Capex

(1.87)

(2.22)

(1.55)

(1.29)

Free Cash Flow

$5.37

$4.88

$5.73

$1.58

Incremental Data

2009

2008

2007

2006

Incremental OCF per $1 of additional Rev.

N/A

$0.23

$0.17

$0.17

Incremental FCF per $1 of additional Rev.

N/A

N/A

$0.34

$0.03

Company's Reinvestment Return

2009

Incremental OCF

2008

2007

2006

N/A

$163.1

$119.4

$61.1

(34.6)

(56.7)

(193.2)

(42.9)

Reinvestment Return

N/A

N/A

N/A

N/A

Reinvestment Return on Prior Year's Capex

N/A

N/A

N/A

N/A

Reinvestment (∆ WC + Capex)

CASH SOURCES AND CASH DEPLOYMENTS CASH SOURCES

2009

2008

2007

2006

Free Cash Flow

$301.0

$279.1

$328.4

$89.7

Total Cash Sources

$301.0

$279.1

$328.4

$89.7

100%

100%

100%

100%

FCF as a % of Total Cash Sources CASH DEPLOYMENTS Acquisitions

2009

2008

2007

2006

Acquisitions

$-

Acquired firm(s) projected FCS ∆ in # of shares

2009

2008

Buybacks

$(172.0)

Stock price

$72.13

# of shares purchased

2007

$(165.0)

-

Stock price

$(8.0)

2006 $(44.8)

$(63.2)

-

-

-

$72.13

# of shares issued

0

Net ∆ in # of shares

2.4

Weighted avg. shares - diluted ∆ FCS due to ∆ in # of shares

59.6

57.2

57.3

56.9

$(0.21)

$0.01

$(0.04)

$(0.01)

∆ Share value due to ∆ in # of shares

-4.2% 2009

2008

Dividends Weighted avg. shares - diluted Dividend paid per share

2007 $57.2

$34.4

$-

59.6

57.2

57.3

56.9

$1.08

$1.00

$0.60

$-

1.5%

(Dividends + Debt Service) as % of FCF

38% 2009

2008

Interest paid Debt Repayments

2007

2006

$50

$49.6

$59.6

$63.9

-

(5.7)

(2.8)

(105.3)

Borrowings

-

Total Cash Sources

2006

$64.3

Dividend Yield

Debt

$(2.3)

(2.4)

Shares issued

Dividends

$-

$0.02

-

-

$301.0

Total Cash Deployed

(107.7)

∆ in Debt

(408.7)

5.7

2.8

105.3

∆ in Debt per share

$(6.86)

$0.10

$0.05

$1.85

∆ Share value due to ∆ Debt per share OPERATIONS

9.5% 2009

2008

Free Cash Flow per share (FCS)

2007

$5.37

$4.88

0.49

(0.85)

4.16

(0.21)

0.01

(0.04)

∆ FCS due to existing operations

0.70

(0.86)

4.19

∆ FCS due to acquisition(s)

0.02

∆ FCS due to existing operations + acquisition(s)

0.72

∆ FCS from previous year Less ∆ FCS due to ∆ in # of shares

∆ Share value due to ∆ Operations' FCS INVESTOR RETURN Stock price

14.7% 2009 $72.13

∆ Share value due to ∆ in # of shares

-4.2%

Dividend Yield

1.5%

∆ Share value due to ∆ Debt per share

9.5%

∆ Share value due to ∆ Operations' FCS

14.7%

Total Investor Return Target price RETURN MULTIPLE Treasuries

21.6% $86.60 5 Years 2.5%

$5.73

Investor Return Multiple versus Treasuries Corporate Bonds - AAA Investor Return Multiple versus AAA's Corporate Bonds - AA Investor Return Multiple versus AA's Corporate Bonds - A Investor Return Multiple versus A's Copyright © by George C. Christy. All rights reserved.

8.7 3.1% 6.9 4.1% 5.2 4.7% 4.6

Company: HWKN

(000,000's)

2005

(All whole numbers except per share and return numbers) 2009

2008

ADJUSTMENTS TO GAAP CASH FLOW $127.5

Cash provided by operating activities (Net CFO)

$24.4

Changes in Working Capital / Other $(37.2) (20.6)

Accounts receivable

$(5.1)

Inventories

3.7

Prepaid Expenses

3.8

Other Assets

(7.8) ---

28.8

Accounts payable

1.8

47.6

Accrued Expenses

2.8

--

Payable/Accrued

--

--

Taxes Payable

--

(31.4)

Other Liabilities

--

Other Assets & Liabilities, Net

--

Other Operating Cash Flow

$5.2 0.2%

-(0.1) --

Total Changes in Working Capital / Other

$8.4

% of Revenues

$132.7

Operating Cash Flow (OCF)

$(49.3)

Capital expenditures (Capex)

2.9% $32.8 $(11.4)

$(14.2)

Adjustments to Capex: $(49.3)

(5.0%)

Adjusted Capex

$(11.4)

$(14.2)

FROM THE BALANCE SHEET $473.0

Accounts receivable

416.4

Inventories

316.7

Accounts payable

$572.7 21% $665.1 2005

20.0 14.4

Net of receivables, inventories and payables

$34.4

Net as % of Revenues

12%

Total debt FREE CASH FLOW STATEMENT

$2,695.3

$28.9

$2009

Revenues

2008 $284.4

$284.4

2,562.6

Cash Operating Costs

251.6

251.6

132.7

Operating Cash Flow

32.8

32.8

5.2

∆ Working Capital

8.4

8.4

(49.3)

Capex

(11.4)

(14.2)

$78.2

Free Cash Flow

$13.0

$10.2

56.7 $1.38

Weighted avg. shares - diluted Free Cash Flow per share (FCS) Stock price

10.3

10.3

$1.27

$1.00

$21.98 5.8%

GAAP Data

2009

2008

$0.91

EPS

$1.19

$2.29

$51.4

Net Income

$12.2

$23.4

-48%

176%

Net Income as % of Net CFO

96%

% ∆ EPS EPS as % of OCF per share

37%

72%

EPS as % of FCS

93%

230%

Percentages

2009 0.0%

% Δ Cash Operating Costs

0.0%

46.9%

% Δ Operating Cash Flow

0.0%

113.0%

(19.8%)

145.8%

27.5%

58.9%

% Δ Capex % Δ Free Cash Flow % ∆ in # of diluted shares % Δ FCS

0.0%

0.4%

27.5%

58.3%

11.5%

11.5%

Capex as % of Revenues

(4.0%)

(5.0%)

4.6%

3.6%

Per Share Data $47.54

52.3%

OCF Margin (OCF as % of Revenues) FCF Margin (FCF as % of Revenues) 2005

2008

% Δ Revenues

2009

Revenues

2008 $27.74

$27.74 24.54

45.20

Cash Operating Costs

24.54

2.34

Operating Cash Flow

3.20

3.20

(0.87)

Capex

(1.11)

(1.39)

$1.38

Free Cash Flow

$1.27

$1.00

Incremental Data

2009

2008

Incremental OCF per $1 of additional Rev.

N/A

$0.18

Incremental FCF per $1 of additional Rev.

N/A

$0.04

Company's Reinvestment Return

2009

2008

Incremental OCF

N/A

$17.4

Reinvestment (∆ WC + Capex)

(3.0)

(5.8)

Reinvestment Return

N/A

N/A

Reinvestment Return on Prior Year's Capex

N/A

672%

CASH SOURCES AND CASH DEPLOYMENTS CASH SOURCES

2005

2009

2008

Free Cash Flow

$13.0

$10.2

Total Cash Sources

$13.0

$10.2

FCF as a % of Total Cash Sources

100%

100%

CASH DEPLOYMENTS Acquisitions

2009

2008

$-

Acquisitions

$-

Acquired firm(s) projected FCS 2005

∆ in # of shares $-

2009 $-

# of shares purchased

0

Shares issued

-

# of shares issued

0

Net ∆ in # of shares

-

Weighted avg. shares - diluted

10.3

∆ FCS due to ∆ in # of shares

$-

Dividends $56.7 $-

2005 (628.5) 600.0

10.3 $(0.00)

0.0% 2009

2008

Dividends

$5.3

Weighted avg. shares - diluted

10.3

10.3

$0.52

$0.52

Dividend paid per share Dividend Yield

2.4%

(Dividends + Debt Service) as % of FCF

41%

Debt $73.0

-

$21.98

∆ Share value due to ∆ in # of shares 2005

$-

$21.98

Stock price

56.7

2008

Buybacks Stock price

-

$-

$0.10

2009

$5.3

2008

Interest paid

$-

$-

Debt Repayments

-

-

Borrowings

-

Total Cash Sources

$13.0

Total Cash Deployed 1,228.5

∆ in Debt

$21.67

∆ in Debt per share

5.3

∆ Share value due to ∆ Debt per share OPERATIONS

-

-

$-

$-

0.0% 2009

2008

Free Cash Flow per share (FCS)

$1.27

∆ FCS from previous year

$1.00

0.27

0.37

-

(0.00)

∆ FCS due to existing operations

0.27

0.37

∆ FCS due to acquisition(s)

0.10

∆ FCS due to existing operations + acquisition(s)

0.37

Less ∆ FCS due to ∆ in # of shares

∆ Share value due to ∆ Operations' FCS INVESTOR RETURN Stock price

37.3% 2009 $21.98

∆ Share value due to ∆ in # of shares

0.0%

Dividend Yield

2.4%

∆ Share value due to ∆ Debt per share

0.0%

∆ Share value due to ∆ Operations' FCS

37.3%

Total Investor Return Target price RETURN MULTIPLE Treasuries

39.7% $30.18 5 Years 2.5%

Investor Return Multiple versus Treasuries

15.9

Corporate Bonds - AAA

3.1%

Investor Return Multiple versus AAA's

12.8

Corporate Bonds - AA

4.1%

Investor Return Multiple versus AA's Corporate Bonds - A Investor Return Multiple versus A's Copyright © by George C. Christy. All rights reserved.

9.6 4.7% 8.5

numbers except per share and return numbers) 2007

Company: PPO 2006

(000,000's)

2005

ADJUSTMENTS TO GAAP CASH FLOW $12.2

$8.7

$9.5

Cash provided by operating activities (Net CFO) Changes in Working Capital / Other

$(3.0)

$(3.5)

$(2.5)

(1.0)

(2.3)

(1.9)

--

--

--

Prepaid Expenses

--

--

--

Other Assets

0.1

2.6

2.1

Accounts payable

0.7

0.7

0.5

Accrued Expenses

--

--

--

Payable/Accrued

--

--

--

Taxes Payable

--

--

--

Other Liabilities

0.0

(1.8)

0.2

--

--

--

$3.2

$4.2

$1.6

1.7%

2.8%

1.1%

$15.4

$13.0

$11.1

Operating Cash Flow (OCF) Capital expenditures (Capex)

$(5.8)

$(4.7)

$(7.0)

(3.1%)

(3.1%)

(4.8%)

$(5.8)

$(4.7)

$(7.0)

$23.8

$19.7

$16.2

14.0

12.8

10.5

11.8

10.9

8.7

$26.0

$21.6

$17.9

14%

14%

13%

$-

$-

$-

Accounts receivable Inventories

Other Assets & Liabilities, Net Other Operating Cash Flow Total Changes in Working Capital / Other % of Revenues

Adjustments to Capex: Adjusted Capex FROM THE BALANCE SHEET

2007

2006

2005

Accounts receivable Inventories Accounts payable Net of receivables, inventories and payables Net as % of Revenues Total debt FREE CASH FLOW STATEMENT

$186.7

$151.8

$143.3

171.3

138.8

132.3

Cash Operating Costs

15.4

13.0

11.1

Operating Cash Flow

3.2

4.2

1.6

(5.8)

(4.7)

(7.0)

Capex

$6.4

$4.0

$2.5

Free Cash Flow Weighted avg. shares - diluted

10.2

10.2

10.2

$0.63

$0.40

$0.25

Revenues

∆ Working Capital

Free Cash Flow per share (FCS) Stock price

2007

2006

GAAP Data

$0.83

$0.76

$0.87

$8.5

$7.7

$8.9

70%

88%

Net Income as % of Net CFO

9%

-13%

% ∆ EPS

55%

60%

132%

191%

2007

EPS Net Income

EPS as % of OCF per share EPS as % of FCS

2006

Percentages

23.0%

5.9%

% Δ Revenues

23.4%

4.9%

% Δ Cash Operating Costs

18.7%

17.4%

% Δ Operating Cash Flow

23.2%

(32.5%)

59.2%

61.0%

% Δ Free Cash Flow

% Δ Capex

0.4%

(0.4%)

% ∆ in # of diluted shares

58.5%

61.6%

% Δ FCS

8.3%

8.5%

(3.1%)

(3.1%)

3.4%

2.7%

2007

2006

OCF Margin (OCF as % of Revenues) Capex as % of Revenues FCF Margin (FCF as % of Revenues) 2005

Per Share Data

$18.28

$14.92

$14.04

16.77

13.65

12.96

Cash Operating Costs

1.51

1.28

1.08

Operating Cash Flow

(0.57)

(0.46)

(0.68)

Capex

$0.63

$0.40

$0.25

Free Cash Flow

2007

2006

Revenues

Incremental Data

$0.07

$0.23

Incremental OCF per $1 of additional Rev.

$0.07

$0.18

Incremental FCF per $1 of additional Rev.

2007

2006

Company's Reinvestment Return

$2.4

$1.9

Incremental OCF

(2.6)

(0.5)

Reinvestment (∆ WC + Capex)

N/A

N/A

Reinvestment Return

N/A

N/A

Reinvestment Return on Prior Year's Capex CASH SOURCES AND CASH DEPLOYMENTS

2007

2007

2006

CASH SOURCES

$6.4

$4.0

Free Cash Flow

$6.4

$4.0

Total Cash Sources

100%

100% 2006

FCF as a % of Total Cash Sources 2005

CASH DEPLOYMENTS Acquisitions

$(6.0)

$-

--

Acquisitions Acquired firm(s) projected FCS

2007

2006 $-

2005 $-

∆ in # of shares $-

Buybacks Stock price # of shares purchased

-

-

-

Shares issued Stock price # of shares issued Net ∆ in # of shares

10.2

10.2

$(0.00)

$0.00

10.2

Weighted avg. shares - diluted ∆ FCS due to ∆ in # of shares ∆ Share value due to ∆ in # of shares

2007

2006

2005

Dividends

$4.9

$4.5

$4.1

Dividends

10.2

10.2

10.2

Weighted avg. shares - diluted

$0.48

$0.44

$0.40

Dividend paid per share Dividend Yield (Dividends + Debt Service) as % of FCF

2007

2006

2005

Debt

$-

$-

$-

-

-

-

Interest paid Debt Repayments

-

-

-

Borrowings Total Cash Sources Total Cash Deployed

-

-

-

$-

$-

$-

∆ in Debt ∆ in Debt per share ∆ Share value due to ∆ Debt per share

2007

OPERATIONS $0.63 0.23 (0.00) 0.24

Free Cash Flow per share (FCS) ∆ FCS from previous year Less ∆ FCS due to ∆ in # of shares ∆ FCS due to existing operations ∆ FCS due to acquisition(s) ∆ FCS due to existing operations + acquisition(s) ∆ Share value due to ∆ Operations' FCS INVESTOR RETURN Stock price ∆ Share value due to ∆ in # of shares Dividend Yield ∆ Share value due to ∆ Debt per share ∆ Share value due to ∆ Operations' FCS Total Investor Return Target price RETURN MULTIPLE Treasuries

Investor Return Multiple versus Treasuries Corporate Bonds - AAA Investor Return Multiple versus AAA's Corporate Bonds - AA Investor Return Multiple versus AA's Corporate Bonds - A Investor Return Multiple versus A's Copyright © by George C. Christy. All rights reserved.

(All whole numbers except per share and return numbers) 2009

2008

2007

2006

$94.7

$69.3

$50.0

$64.2

$20.1

$(7.0)

$(7.7)

$10.4

(5.4)

8.3

(2.7)

(4.3)

(0.6)

1.2

(3.7)

(3.9)

--

--

--

--

--

--

--

--

--

--

--

--

(18.6)

(13.9)

(0.0)

(19.4)

(0.9)

1.9

(1.0)

12.1

--

--

--

--

--

--

--

--

3.9

7.2

4.4

4.0

$1.4

$2.4

$10.7

$1.1

0.2%

0.5%

2.2%

0.3%

$96.1

$71.7

$60.7

$65.3

$(25.0)

$(48.0)

$(29.8)

$(24.0)

$(13.0)

$(25.0)

$(48.0)

$(29.8)

$(24.0)

$(13.0)

$106.7

$115.6

$102.1

$88.4

70.4

64.3

67.7

60.5

23.8

33.8

25.5

23.2

$153.3

$146.2

$144.4

$125.7

2009

25%

27%

30%

29%

$803.3

$822.8

$1,048.9

$1,002.8

2008

2007

2006

2005

$503.1

$610.5

$534.7

$478.2

$432.5

424.0

514.5

462.9

417.5

367.2

79.2

96.1

71.7

60.7

65.3

1.1

1.4

2.4

10.7

1.1

(25.0)

(48.0)

(29.8)

(24.0)

(13.0)

$53.0

$46.7

$39.5

$26.0

$51.2

44.4

42.8

33.2

25.3

25.3

$1.19

$1.09

$1.19

$1.03

$2.02

$10.04 11.9% 2009

2005

2008

2007

2006

$0.47

$(0.41)

$0.01

$(1.17)

$(0.12)

$19.0

$(17.6)

$0.5

$(29.6)

$(2.9)

N/A

1%

N/A

N/A

N/A

N/A

N/A

26%

N/A

0%

N/A

39%

N/A

1%

N/A

2009

2008

2007

2006

(17.6%)

14.2%

11.8%

(17.6%)

11.1%

10.9%

13.7%

(17.6%)

33.9%

18.3%

(7.1%)

(47.9%)

61.1%

24.3%

84.1%

13.6%

18.1%

52.0%

(49.2%)

3.7%

28.7%

31.3%

0.2%

9.5%

(8.2%)

15.7%

(49.3%)

15.7%

15.7%

13.4%

12.7%

(5.0%)

(7.9%)

(5.6%)

(5.0%)

10.5%

7.6%

7.4%

5.4%

2009

2008

2007

2006

2005

$11.34

$14.27

$16.09

$18.89

$17.12

9.55

12.03

13.93

16.50

14.53

1.78

2.25

2.16

2.40

2.58

(0.56)

(1.12)

(0.90)

(0.95)

(0.52)

$1.19

$1.09

$1.19

$1.03

$2.02

2009

2008

2007

2006

N/A

$0.32

$0.20

N/A

N/A

$0.09

$0.24

N/A

2009

2008

2007

2006

N/A

$24.3

$11.1

N/A

(23.9)

(46.7)

(27.4)

(13.3)

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

2009

2009

10.6%

2008

2007

2006

$53.0

$46.7

$39.5

$26.0

$53.0

$46.7

$39.5

$26.0

100%

100%

100%

100%

2008

2007

2006

2005

$(24.1)

$(85.8)

$(5.5)

$-

$-

$0.02 2009

2008 $-

2007

2006

2005

$-

$(0.3)

$-

$-

84.9

264.9

0.4

-

25.3

$10.04 0 87.5 $10.04 8.7 8.7 51.5

42.8

33.2

25.3

$(0.21)

$(0.31)

$(0.37)

$(0.00)

-20.4% 2009

2008

2007

2006

2005

$-

$-

$-

$-

$-

51.5

42.8

33.2

25.3

25.3

$0.00

$-

$-

$-

$-

0.0% 116% 2009

2008

2007

2006

2005

$62

$62.4

$65.4

$65.9

$57.3

-

(20.7)

(372.6)

(3.4)

(50.4)

-

370.0

-

-

$53.0 (24.1) (77.1)

20.7

742.6

3.4

50.4

$(1.50)

$0.48

$22.34

$0.14

$1.99

14.9% 2009

2008

2007

$1.19

$1.09

0.10

(0.10)

0.16

(0.21)

(0.31)

(0.37)

0.31

0.22

0.53

0.02 0.33 30.5% 2009 $10.04 -20.4% 0.0% 14.9% 30.5% 25.1% $12.56 5 Years 2.5%

$1.19

10.1 3.1% 8.1 4.1% 6.1 4.7% 5.4

Company: IEX

(000,000's)

(All whole numbers except per share and return numbers) 2009

2008

2007

2006

ADJUSTMENTS TO GAAP CASH FLOW Cash provided by operating activities (Net CFO)

$224.1

$197.2

$160.0

$19.7

$(8.7)

$(14.4)

(9.7)

(3.5)

(7.2)

Prepaid Expenses

--

--

--

Other Assets

--

--

--

Accounts payable

(6.4)

0.8

(0.7)

Accrued Expenses

Changes in Working Capital / Other Accounts receivable Inventories

0.6

4.1

15.8

Payable/Accrued

--

--

--

Taxes Payable

--

--

--

Other Liabilities

--

--

--

5.9

1.8

(2.3)

Other Assets & Liabilities, Net Other Operating Cash Flow

--

--

--

$(10.1)

$5.5

$8.8

(0.7%)

0.4%

0.8%

$214.0

$202.8

$168.8

$(24.2)

$(27.8)

$(24.5)

$(21.2)

$(24.2)

$(27.8)

$(24.5)

$(21.2)

$205.3

$193.3

$166.5

214.2

177.4

160.7

87.3

84.2

75.4

$332.1

$286.6

$251.7

Total Changes in Working Capital / Other % of Revenues Operating Cash Flow (OCF) Capital expenditures (Capex) Adjustments to Capex: Adjusted Capex FROM THE BALANCE SHEET Accounts receivable Inventories Accounts payable Net of receivables, inventories and payables Net as % of Revenues Total debt FREE CASH FLOW STATEMENT Revenues

2009

22%

21%

22%

$554.0

$454.7

$362.0

2008

2007

2006

$1,343.8

$1,489.5

$1,358.6

Cash Operating Costs

1,150.7

1,275.5

1,155.9

986.1

Operating Cash Flow

193.1

214.0

202.8

168.8

∆ Working Capital Capex Free Cash Flow Weighted avg. shares - diluted Free Cash Flow per share (FCS) Stock price

$1,154.9

(9.1)

(10.1)

5.5

8.8

(24.2)

(27.8)

(24.5)

(21.2)

$178.0

$196.3

$172.7

$138.8

80.6

82.3

82.1

81.0

$2.21

$2.38

$2.10

$1.71

$23.04 9.6%

GAAP Data

2009

2008

2007

2006

EPS

$1.47

$1.60

$1.90

$1.65

$116.6

$131.4

$155.9

$133.7

59%

79%

84%

% ∆ EPS

-8%

-16%

15%

20%

EPS as % of OCF per share

61%

62%

77%

79%

EPS as % of FCS

67%

67%

90%

96%

Net Income Net Income as % of Net CFO

Percentages

2009

2008

2007

2006

% Δ Revenues

(9.8%)

9.6%

17.6%

14.2%

% Δ Cash Operating Costs

(9.8%)

10.3%

17.2%

13.8%

% Δ Operating Cash Flow

(9.8%)

5.6%

20.1%

16.7%

(13.1%)

13.6%

15.6%

(5.9%)

% Δ Free Cash Flow

(9.3%)

13.6%

24.4%

13.5%

% ∆ in # of diluted shares

(2.1%)

0.3%

1.4%

2.4%

% Δ FCS

(7.4%)

13.3%

22.8%

10.8%

% Δ Capex

OCF Margin (OCF as % of Revenues)

14.4%

14.4%

14.9%

14.6%

Capex as % of Revenues

(1.8%)

(1.9%)

(1.8%)

(1.8%)

FCF Margin (FCF as % of Revenues)

13.2%

13.2%

12.7%

12.0%

Per Share Data

2009

Revenues

2008

2007

2006

$16.67

$18.09

$16.55

$14.26

Cash Operating Costs

14.27

15.49

14.08

12.18

Operating Cash Flow

2.40

2.60

2.47

2.08

Capex

(0.30)

(0.34)

(0.30)

(0.26)

Free Cash Flow

$2.21

$2.38

$2.10

$1.71

Incremental Data

2009

2008

2007

2006

Incremental OCF per $1 of additional Rev.

N/A

$0.09

$0.17

$0.17

Incremental FCF per $1 of additional Rev.

N/A

$0.18

$0.17

$0.11

Company's Reinvestment Return

2009

Incremental OCF

2008

2007

2006

N/A

$11.3

$33.9

$24.2

(33.3)

(38.0)

(19.0)

(12.4)

Reinvestment Return

N/A

N/A

N/A

N/A

Reinvestment Return on Prior Year's Capex

N/A

N/A

N/A

N/A

Reinvestment (∆ WC + Capex)

CASH SOURCES AND CASH DEPLOYMENTS CASH SOURCES

2009

2008

2007

2006

Free Cash Flow

$178.0

$196.3

$172.7

$138.8

Total Cash Sources

$178.0

$196.3

$172.7

$138.8

100%

100%

100%

100%

FCF as a % of Total Cash Sources CASH DEPLOYMENTS Acquisitions

2009

2008

2007

2006

Acquisitions

$(237.3)

Acquired firm(s) projected FCS ∆ in # of shares

2009

2008

Buybacks

$(50.0)

Stock price

$23.04

# of shares purchased

2007 $(50.0)

-

Stock price

$(359.8)

2006 $-

$-

-

-

-

$23.04

# of shares issued

0

Net ∆ in # of shares

2.2

Weighted avg. shares - diluted ∆ FCS due to ∆ in # of shares

84.5

82.3

82.1

81.0

$(0.06)

$(0.01)

$(0.03)

$(0.04)

∆ Share value due to ∆ in # of shares

-2.6% 2009

2008

Dividends Weighted avg. shares - diluted Dividend paid per share

2007 $39.1

$39.0

84.5

82.3

82.1

81.0

$0.48

$0.48

$0.48

$0.40

2.1%

(Dividends + Debt Service) as % of FCF

35% 2009

2008

Interest paid Debt Repayments

2006

$40.6

Dividend Yield

Debt

$(86.2)

(2.2)

Shares issued

Dividends

$(392.8)

$0.01

2007

$32.1

2006

$22

$20.1

$23.0

$15.6

-

(563.2)

(166.4)

(337.2)

483.0

47.0

245.7

Borrowings Total Cash Sources

$178.0

Total Cash Deployed

(246.7)

∆ in Debt

(424.7)

1,046.3

213.4

582.9

∆ in Debt per share

$(5.03)

$12.71

$2.60

$7.20

∆ Share value due to ∆ Debt per share

21.8%

OPERATIONS

2009

2008

2007

Free Cash Flow per share (FCS)

$2.21

$2.38

∆ FCS from previous year

(0.18)

0.28

0.39

Less ∆ FCS due to ∆ in # of shares

(0.06)

(0.01)

(0.03)

∆ FCS due to existing operations

(0.12)

0.29

0.42

∆ FCS due to acquisition(s)

0.01

∆ FCS due to existing operations + acquisition(s)

(0.11)

∆ Share value due to ∆ Operations' FCS

-4.6%

INVESTOR RETURN Stock price

2009 $23.04

∆ Share value due to ∆ in # of shares

-2.6%

Dividend Yield

2.1%

∆ Share value due to ∆ Debt per share

21.8%

∆ Share value due to ∆ Operations' FCS

-4.6%

Total Investor Return

16.7%

Target price RETURN MULTIPLE Treasuries

$26.41 5 Years 2.5%

$2.10

Investor Return Multiple versus Treasuries Corporate Bonds - AAA Investor Return Multiple versus AAA's Corporate Bonds - AA Investor Return Multiple versus AA's Corporate Bonds - A Investor Return Multiple versus A's Copyright © by George C. Christy. All rights reserved.

6.7 3.1% 5.4 4.1% 4.0 4.7% 3.6

Company: ITRI

(000,000's)

2005

(All whole numbers except per share and return numbers) 2009

2008

ADJUSTMENTS TO GAAP CASH FLOW $144.9

Cash provided by operating activities (Net CFO)

$193.2

Changes in Working Capital / Other $(18.2) (3.3)

Accounts receivable

$19.9

Inventories

4.9

--

Prepaid Expenses

--

Other Assets

-

0.0

Accounts payable

--

21.6

Accrued Expenses

--

Payable/Accrued

--

Taxes Payable

--

Other Liabilities

0.2 -$(0.3) (0.0%)

--

-(6.6) -9.4

Other Assets & Liabilities, Net

(21.4)

Other Operating Cash Flow

--

Total Changes in Working Capital / Other

$(6.2)

% of Revenues

$144.6

Operating Cash Flow (OCF)

$(22.5)

Capital expenditures (Capex)

(0.3%) $187.0 $(59.4)

$(63.4)

$(59.4)

$(63.4)

Adjustments to Capex: $(22.5)

Adjusted Capex FROM THE BALANCE SHEET

$129.4 123.3 66.9 $185.9 18% $160.0 2005

Accounts receivable

164.2

Accounts payable

200.7

Net of receivables, inventories and payables

$284.8

Net as % of Revenues

15%

Total debt FREE CASH FLOW STATEMENT

$1,011.3

$321.3

Inventories

Revenues

$1,190.0 2009

2008

$1,694.2

$1,909.6

866.6

Cash Operating Costs

1,528.3

1,722.7

144.6

Operating Cash Flow

165.9

187.0

(0.3) (22.5) $122.4 79.1 $1.55

∆ Working Capital Capex Free Cash Flow Weighted avg. shares - diluted Free Cash Flow per share (FCS) Stock price

(5.5)

(6.2)

(59.4)

(63.4)

$111.9

$129.7

36.8

35.0

$3.04

$3.71

$54.26 5.6%

GAAP Data

2009

2008

$1.37 $108.6

EPS Net Income

$0.04

$0.80

$1.3

$28.1

Net Income as % of Net CFO

15%

% ∆ EPS

-95%

N/A

EPS as % of OCF per share

1%

15%

EPS as % of FCS

1%

22%

Percentages

2009 (11.3%)

30.4%

% Δ Cash Operating Costs

(11.3%)

29.7%

% Δ Operating Cash Flow

(11.3%)

37.4%

(6.3%)

56.2%

(13.7%)

39.9%

5.3%

18.2%

(18.1%)

18.4%

% Δ Capex % Δ Free Cash Flow % ∆ in # of diluted shares % Δ FCS OCF Margin (OCF as % of Revenues) Capex as % of Revenues FCF Margin (FCF as % of Revenues) 2005

Per Share Data $12.79

2008

% Δ Revenues

9.8%

9.8%

(3.5%)

(3.3%)

6.6%

6.8%

2009

Revenues

2008 $46.04

$54.64 49.29

10.96

Cash Operating Costs

41.53

1.83

Operating Cash Flow

4.51

5.35

(0.28)

Capex

(1.61)

(1.81)

$1.55

Free Cash Flow

$3.04

$3.71

Incremental Data

2009

2008

Incremental OCF per $1 of additional Rev.

N/A

$0.11

Incremental FCF per $1 of additional Rev.

N/A

$0.08

Company's Reinvestment Return

2009

Incremental OCF

2008 N/A

$50.9

(64.9)

(69.6)

Reinvestment Return

N/A

N/A

Reinvestment Return on Prior Year's Capex

N/A

N/A

Reinvestment (∆ WC + Capex)

CASH SOURCES AND CASH DEPLOYMENTS CASH SOURCES

2009 $111.9

$129.7

Total Cash Sources

$111.9

$129.7

100%

100%

FCF as a % of Total Cash Sources 2005

2008

Free Cash Flow

CASH DEPLOYMENTS Acquisitions

2009

2008

$(1.2)

2005

Acquisitions

$(8.0)

Acquired firm(s) projected FCS

$0.03

∆ in # of shares --

2009

2008

Buybacks

$-

Stock price

0

Shares issued

168.0

Stock price

3.1

Net ∆ in # of shares

3.1

Weighted avg. shares - diluted ∆ FCS due to ∆ in # of shares

38.0

35.0

$(0.26)

$(0.67)

∆ Share value due to ∆ in # of shares 2005

Dividends $24.9 79.1 $0.31

2005

2009

2008

Weighted avg. shares - diluted Dividend paid per share

35.0

$0.00

$-

(Dividends + Debt Service) as % of FCF

55%

(71.8)

Debt Repayments

2009

2008 $62

$72.3

-

(388.4)

Borrowings

-

Total Cash Sources

$111.9

Total Cash Deployed $1.03

$-

38.0 0.0%

Interest paid

81.8

$-

Dividend Yield

Debt

10.0

-8.9%

Dividends

$14.0

324.5

$54.26

# of shares issued 79.1

$-

$54.26

# of shares purchased -

$(6.9)

(8.0)

∆ in Debt

(120.0)

388.4

∆ in Debt per share

$(3.15)

$11.11

∆ Share value due to ∆ Debt per share OPERATIONS

5.8% 2009

2008

Free Cash Flow per share (FCS)

$3.04

∆ FCS from previous year

(0.67)

0.58

Less ∆ FCS due to ∆ in # of shares

(0.26)

(0.67)

∆ FCS due to existing operations

(0.41)

1.25

∆ FCS due to acquisition(s)

0.03

∆ FCS due to existing operations + acquisition(s)

(0.38)

∆ Share value due to ∆ Operations' FCS INVESTOR RETURN Stock price

-10.3% 2009 $54.26

∆ Share value due to ∆ in # of shares

-8.9%

Dividend Yield

0.0%

∆ Share value due to ∆ Debt per share ∆ Share value due to ∆ Operations' FCS

5.8% -10.3%

Total Investor Return

-13.4%

Target price

$47.01

RETURN MULTIPLE Treasuries

5 Years 2.5%

$3.71

Investor Return Multiple versus Treasuries

N/A

Corporate Bonds - AAA

3.1%

Investor Return Multiple versus AAA's

N/A

Corporate Bonds - AA

4.1%

Investor Return Multiple versus AA's

N/A

Corporate Bonds - A

4.7%

Investor Return Multiple versus A's

N/A

Copyright © by George C. Christy. All rights reserved.

numbers except per share and return numbers) 2007

Company: BMI 2006

(000,000's)

2005

ADJUSTMENTS TO GAAP CASH FLOW $133.3

$94.8

$79.6

Cash provided by operating activities (Net CFO) Changes in Working Capital / Other

$(40.7)

$(3.3)

$(14.2)

19.4

(1.6)

(4.0)

Accounts receivable

--

--

--

Prepaid Expenses

-

-

-

Other Assets

--

--

--

Accounts payable

--

--

--

Accrued Expenses

10.0

(8.3)

4.4

--

--

--

4.6

6.3

13.2

Other Liabilities

4.0

1.1

(5.2)

Other Assets & Liabilities, Net

--

--

--

$2.7

$5.7

$5.7

0.2%

0.9%

1.0%

$136.0

$100.5

$85.3

Operating Cash Flow (OCF)

$(40.6)

$(31.7)

$(32.0)

Capital expenditures (Capex)

Inventories

Payable/Accrued Taxes Payable

Other Operating Cash Flow Total Changes in Working Capital / Other % of Revenues

Adjustments to Capex: $(40.6)

$(31.7)

$(32.0)

Adjusted Capex

$339.0

$109.9

$104.4

169.2

52.5

49.5

Inventories

199.0

35.8

46.2

Accounts payable

$309.3

$126.6

$107.7

FROM THE BALANCE SHEET

21%

20%

19%

$1,590.5

$469.3

$166.9

2007

2006

2005

Accounts receivable

Net of receivables, inventories and payables Net as % of Revenues Total debt FREE CASH FLOW STATEMENT

$1,464.1

$644.0

$552.7

1,328.0

543.6

467.4

Cash Operating Costs

136.0

100.5

85.3

Operating Cash Flow

2.7

5.7

5.7

(40.6)

(31.7)

(32.0)

Capex

$92.7

$63.0

$47.7

Free Cash Flow

29.6

26.3

24.8

$3.13

$2.40

$1.92

Revenues

∆ Working Capital

Weighted avg. shares - diluted Free Cash Flow per share (FCS) Stock price

2007

2006

GAAP Data

$(0.55)

$1.28

$1.33

EPS

$(16.1)

$33.8

$33.1

Net Income

N/A

36%

Net Income as % of Net CFO

N/A

-4%

% ∆ EPS

N/A

33%

EPS as % of OCF per share

N/A

53%

EPS as % of FCS

2007

2006

Percentages

127.3%

16.5%

% Δ Revenues

144.3%

16.3%

% Δ Cash Operating Costs

35.4%

17.8%

% Δ Operating Cash Flow

27.9%

(0.7%)

% Δ Capex

47.1%

32.3%

% Δ Free Cash Flow

12.6%

6.1%

30.7%

24.7%

% Δ FCS

9.3%

15.6%

OCF Margin (OCF as % of Revenues)

(2.8%)

(4.9%)

Capex as % of Revenues

6.3%

9.8%

2007

2006

% ∆ in # of diluted shares

FCF Margin (FCF as % of Revenues) 2005

Per Share Data

$49.49

$24.51

$22.30

44.90

20.68

18.86

Cash Operating Costs

4.60

3.82

3.44

Operating Cash Flow

(1.37)

(1.21)

(1.29)

Capex

$3.13

$2.40

$1.92

Free Cash Flow

2007

2006

Revenues

Incremental Data

$0.04

$0.17

Incremental OCF per $1 of additional Rev.

$0.04

$0.17

Incremental FCF per $1 of additional Rev.

2007

2006

Company's Reinvestment Return

$35.5

$15.2

Incremental OCF

(37.9)

(26.0)

Reinvestment (∆ WC + Capex)

N/A

N/A

Reinvestment Return

N/A

N/A

Reinvestment Return on Prior Year's Capex CASH SOURCES AND CASH DEPLOYMENTS

2007

2007

2006

CASH SOURCES

$92.7

$63.0

Free Cash Flow

$92.7

$63.0

Total Cash Sources

100%

100%

FCF as a % of Total Cash Sources

2006

2005

CASH DEPLOYMENTS Acquisitions

$(1,716.3)

$(21.1)

$-

Acquisitions Acquired firm(s) projected FCS

2007

2006 $-

2005 $-

∆ in # of shares $-

Buybacks Stock price # of shares purchased

247.6

15.3

84.7

Shares issued Stock price # of shares issued Net ∆ in # of shares

29.6

26.3

$(0.39)

$(0.15)

24.8

Weighted avg. shares - diluted ∆ FCS due to ∆ in # of shares ∆ Share value due to ∆ in # of shares

2007

2006

2005

Dividends

$-

$-

$-

29.6

26.3

24.8

$-

$-

$-

Dividends Weighted avg. shares - diluted Dividend paid per share Dividend Yield (Dividends + Debt Service) as % of FCF

2007

2006

2005

Debt

$76.3

$5.2

$14.3

(76.1)

(42.7)

(126.2)

1,159.0

345.0

14.8

Interest paid Debt Repayments Borrowings Total Cash Sources Total Cash Deployed

1,235.1

387.7

141.0

∆ in Debt

$41.76

$14.75

$5.69

∆ in Debt per share ∆ Share value due to ∆ Debt per share

2007

OPERATIONS $3.13 0.74 (0.39) 1.13

Free Cash Flow per share (FCS) ∆ FCS from previous year Less ∆ FCS due to ∆ in # of shares ∆ FCS due to existing operations ∆ FCS due to acquisition(s) ∆ FCS due to existing operations + acquisition(s) ∆ Share value due to ∆ Operations' FCS INVESTOR RETURN Stock price ∆ Share value due to ∆ in # of shares Dividend Yield ∆ Share value due to ∆ Debt per share ∆ Share value due to ∆ Operations' FCS Total Investor Return Target price RETURN MULTIPLE Treasuries

Investor Return Multiple versus Treasuries Corporate Bonds - AAA Investor Return Multiple versus AAA's Corporate Bonds - AA Investor Return Multiple versus AA's Corporate Bonds - A Investor Return Multiple versus A's Copyright © by George C. Christy. All rights reserved.

(All whole numbers except per share and return numbers) 2009

2008

2007

2006

$27.1

$28.3

$16.8

$18.4

$(6.0)

$0.3

$1.4

$(4.3)

(5.6)

0.2

(1.5)

2.7

0.4

(0.1)

0.3

(0.3)

--

--

--

--

--

--

--

--

--

--

--

--

--

--

--

--

--

--

--

--

4.0

2.1

(1.4)

(1.3)

--

--

--

--

--

--

--

--

$7.3

$(2.6)

$1.2

$3.3

2.6%

(1.1%)

0.5%

1.6%

$34.3

$25.7

$18.0

$21.7

$(8.0)

$(38.9)

$(16.0)

$(11.1)

$(9.1)

$(8.0)

$(38.9)

$(16.0)

$(11.1)

$(9.1)

$35.8

$30.6

$29.3

$27.1

39.3

34.1

33.3

27.4

13.2

11.4

10.6

9.8

$61.9

$53.4

$52.0

$44.6

2009

22%

23%

23%

22%

$25.2

$16.7

$23.0

$28.7

2008

2007

2006

2005

$272.8

$279.6

$234.8

$229.8

$203.6

239.3

245.2

209.2

211.8

182.0

33.5

34.3

25.7

18.0

21.7

7.1

7.3

(2.6)

1.2

3.3

(8.0)

(38.9)

(16.0)

(11.1)

(9.1)

$18.4

$(11.8)

$12.3

$5.7

$9.3

14.8

14.8

14.6

14.4

14.0

$1.24

$(0.80)

$0.84

$0.40

$0.66

$43.84 2.8% 2009

2005

2008

2007

2006

$1.88

$1.69

$1.26

$1.15

$1.15

$26.9

$25.1

$18.4

$16.6

$16.2

99%

93%

65%

11%

34%

10%

0%

83%

73%

72%

92%

151%

N/A

150%

291%

2009

2008

2007

2006

(2.4%)

19.0%

2.2%

(2.4%)

17.2%

(1.2%)

16.4%

(2.4%)

33.8%

42.6%

(17.1%)

(79.4%)

143.5%

44.4%

21.7%

N/A

N/A

116.3%

(38.6%)

(0.2%)

1.5%

1.6%

2.6%

N/A

N/A

112.9%

(40.2%)

12.3%

12.3%

10.9%

7.8%

(2.9%)

(13.9%)

(6.8%)

(4.8%)

6.7%

(4.2%)

5.2%

2.5%

2009

2008

2007

2006

2005

$18.42

$18.84

$16.06

$15.97

$14.52

16.16

16.52

14.31

14.72

12.98

2.26

2.31

1.76

1.25

1.55

(0.54)

(2.62)

(1.09)

(0.77)

(0.65)

$1.24

$(0.80)

$0.84

$0.40

$0.66

2009

2008

2007

2006

N/A

$0.19

$1.51

N/A

N/A

N/A

$1.31

N/A

2009

2008

2007

2006

N/A

$8.7

$7.7

N/A

(0.9)

(31.6)

(18.6)

(9.8)

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

2009

2009

12.8%

2008

2007

2006

$18.4

$(11.8)

$12.3

$5.7

$18.4

$(11.8)

$12.3

$5.7

100%

N/A

100%

100%

2008

2007

2006

2005

$-

$-

$-

$-

$-

$0.07 2009

2008 $-

2007

2006

2005

--

$-

$-

$(3.3)

0.2

0.2

0.6

1.3

14.0

$43.84 0 0.6 $43.84 0.0 0.0 14.9

14.8

14.6

14.4

$(0.00)

N/A

$(0.01)

$(0.01)

-0.1% 2009

2008

2007

2006

2005

$6.5

$5.9

$4.9

$4.3

14.9

14.8

14.6

14.4

$3.9 14.0

$0.44

$0.39

$0.33

$0.30

$0.28

1.0% 46% 2009

2008

2007

2006

2005

$2

$1.5

$1.7

$1.6

-

(5.7)

(1.9)

(14.9)

15.0

-

-

$2.3 (7.4) 10.0

$18.4 6.5 (11.9)

20.7

1.9

14.9

17.4

$(0.80)

$1.39

$0.13

$1.04

$1.24

1.8% 2009

2008

2007

$1.24

$(0.80)

2.04

(1.64)

0.45

(0.00)

N/A

(0.01)

2.04

N/A

0.46

0.07 2.11 N/A 2009 $43.84 -0.1% 1.0% 1.8% N/A N/A N/A 5 Years 2.5%

$0.84

3.1% 4.1% 4.7% -

All Financial Reports

Calgon Carbon Corp Income Statement - Annual Standardised in Millions of US Dollar Fiscal Period: 2008 2007 2006 2005 2004 2003 Period End Date: 12/31/2008 12/31/2007 12/31/2006 12/31/2005 12/31/2004 12/31/2003 Period Length: 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months Update Type: Update Update Update Reclassified Restated Restated Update Date: 12/31/2008 12/31/2007 12/31/2006 12/31/2006 12/31/2005 12/31/2004 Source 10-K 10-K 10-K 10-K 10-K 10-K/A Source Date: 3/13/2009 3/17/2008 4/25/2007 4/25/2007 3/30/2006 4/25/2007 Complete Statement: Complete Complete Complete Complete Complete Complete Auditor Code: DT DT DT DT DT DT Net Sales 400.270 351.120 316.120 290.840 295.880 253.180 Gross Revenue ------Sales Returns and Allowances ------Excise Tax Receipts ------Revenue 400.270 351.120 316.120 290.840 295.880 253.180 Interest Income, Non-Bank ------Other Revenue ------Other Revenue, Total ------Total Revenue 400.270 351.120 316.120 290.840 295.880 253.180 Cost of Revenue 266.890 242.270 236.670 215.330 207.520 174.010 Excise Taxes Payments ------Cost of Revenue, Total 266.890 242.270 236.670 215.330 207.520 174.010 Gross Profit 133.390 108.850 79.450 75.510 88.350 79.170 Selling/General/Administrative Expense 64.150 61.350 62.000 59.550 54.540 49.730 Labor & Related Expense ------Advertising Expense ------Selling/General/Admin. Expenses, Total 64.150 61.350 62.000 59.550 54.540 49.730 Research & Development 4.130 3.700 4.250 4.510 3.800 3.960 Depreciation 16.670 17.250 18.930 21.040 22.000 18.850 Amortization of Intangibles ------Amortization of Acquisition Costs ------Depreciation/Amortization 16.670 17.250 18.930 21.040 22.000 18.850 Interest Expense - Operating ------Interest Capitalized - Operating ------Interest Expense, Net - Operating ------Interest Income - Operating ------Investment Income - Operating ------Interest/Investment Income - Operating ------Interest Expense(Income) - Net Operating ------Interest Exp.(Inc.),Net-Operating, Total ------Purchased R&D Written-Off ------Restructuring Charge -0.000 0.010 0.410 0.000 0.450 Litigation ------Impairment-Assets Held for Use 0.000 0.000 6.940 2.160 0.000 0.000 Impairment-Assets Held for Sale ------Other Unusual Expense (Income) (9.250) 0.000 (8.070) 1.000 0.000 -Unusual Expense (Income) (9.250) 0.000 (1.130) 3.570 0.000 0.450 Foreign Currency Adjustment ------Unrealized Losses (Gains) ------Minimum Pension Liability Adjustment -------

Loss(Gain) on Sale of Assets - Operating Other Operating Expense Other, Net Other Operating Expenses, Total Total Operating Expense Operating Income Interest Expense - Non-Operating Interest Capitalized - Non-Operating Interest Expense, Net Non-Operating Interest Income - Non-Operating Investment Income - Non-Operating Interest/Invest Income - Non-Operating Interest Income(Exp), Net Non-Operating Interest Inc.(Exp.),Net-Non-Op., Total Gain (Loss) on Sale of Assets Foreign Currency Adjustment Unrealized Gains (Losses) Minimum Pension Liability Adjustment Other Non-Operating Income (Expense) Other, Net Net Income Before Taxes Provision for Income Taxes Net Income After Taxes Minority Interest Equity In Affiliates U.S. GAAP Adjustment Net Income Before Extra. Items Accounting Change Discontinued Operations Extraordinary Item Tax on Extraordinary Items Total Extraordinary Items Net Income Preferred Dividends General Partners' Distributions Miscellaneous Earnings Adjustment Pro Forma Adjustment Interest Adjustment - Primary EPS Total Adjustments to Net Income Income Available to Com Excl ExtraOrd Income Available to Com Incl ExtraOrd Basic Weighted Average Shares Basic EPS Excluding Extraordinary Items Basic EPS Including Extraordinary Items Dilution Adjustment Diluted Net Income Diluted Weighted Average Shares Diluted EPS Excluding ExtraOrd Items Diluted EPS Including ExtraOrd Items DPS - Common Stock Primary Issue Dividends per Share - Com Stock Issue 2 Dividends per Share - Com Stock Issue 3 Dividends per Share - Com Stock Issue 4 Special DPS - Common Stock Primary Issue

----342.590 57.680 (4.070) 0.400 (3.670) 1.500 -1.500 -(2.170) ----(2.700) (2.700) 52.810 18.100 34.710 -0.850 -35.560 -2.790 --2.790 38.360 ------35.560 38.360 44.680 0.800 0.860 0.000 38.360 53.390 0.670 0.720 0.000 -----

----324.570 26.560 (5.710) 0.200 (5.510) 1.700 -1.700 -(3.810) ----(1.440) (1.440) 21.300 7.830 13.480 -1.980 -15.450 -(0.170) --(0.170) 15.290 ------15.450 15.290 39.790 0.390 0.380 0.000 15.290 50.560 0.310 0.300 0.000 -----

----320.730 (4.610) (5.980) 0.000 (5.980) 0.820 -0.820 -(5.160) ----(2.210) (2.210) (11.970) (2.680) (9.300) 0.000 0.290 -(9.010) -1.210 --1.210 (7.800) ------(9.010) (7.800) 39.930 (0.230) (0.200) 0.000 (7.800) 39.930 (0.230) (0.200) 0.000 -----

----304.000 (13.160) (4.890) -(4.890) 0.720 -0.720 -(4.170) ----(2.140) (2.140) (19.470) (9.690) (9.780) 0.000 (0.730) -(10.510) -3.090 --3.090 (7.420) ------(10.510) (7.420) 39.620 (0.270) (0.190) 0.000 (7.420) 39.620 (0.270) (0.190) 0.090 -----

----287.870 8.010 (3.410) -(3.410) 0.700 1.000 1.700 -(1.710) ----(3.240) (3.240) 3.060 (0.850) 3.900 0.070 --3.970 -1.920 --1.920 5.890 ------3.970 5.890 39.050 0.100 0.150 0.000 5.890 39.460 0.100 0.150 0.120 -----

----247.000 6.180 (2.340) -(2.340) 0.790 0.430 1.220 -(1.130) ----(1.720) (1.720) 3.330 (0.300) 3.630 0.180 --3.810 -0.680 --0.680 4.490 ------3.810 4.490 39.000 0.100 0.120 0.000 4.490 39.160 0.100 0.110 0.120 -----

Special DPS - Common Stock Issue 2 Special DPS - Common Stock Issue 3 Special DPS - Common Stock Issue 4 Gross Dividends - Common Stock (Gain) Loss on Sale of Assets, Suppl. Impairment-Assets Held for Sale, Suppl. Impairment-Assets Held for Use, Suppl. Litigation Charge, Supplemental Purchased R&D Written-Off, Supplemental Restructuring Charge, Supplemental Other Unusual Expense(Income), Suppl. Non-Recurring Items, Supplemental, Total Total Special Items Normalized Income Before Taxes Effect of Special Items on Income Taxes Inc Tax Ex Impact of Sp Items Normalized Income After Taxes Normalized Inc. Avail to Com. Basic Normalized EPS Diluted Normalized EPS Pro Forma Stock Compensation Expense Net Income after Stock Based Comp. Exp. Basic EPS after Stock Based Comp. Exp. Diluted EPS after Stock Based Comp. Exp. Stock-Based Compensation, Supplemental Interest Expense, Supplemental Interest Capitalized, Supplemental Depreciation, Supplemental Funds From Operations - REIT Amort of Acquisition Costs, Supplemental Amort of Intangibles, Supplemental Rental Expense, Supplemental EPS, Supplemental Advertising Expense, Supplemental Equity in Affiliates, Supplemental Minority Interest, Supplemental Research & Development Exp, Supplemental Audit Fees Audit-Related Fees Tax Fees All Other Fees Reported Recurring Revenue Reported Net Premiums Written Reported Total Revenue Reported Operating Revenue Reported Total Cost of Revenue Reported Total Sales, General & Admin. Reported Gross Profit Reported Operating Profit Reported Operating Profit Margin Reported Ordinary Profit Reported Net Income After Tax Reported Basic EPS Reported Diluted EPS

---0.000 --------(9.250) 43.560 (3.170) 14.930 28.630 29.480 0.660 0.550 ----2.880 3.670 (0.400) 15.100 --1.500 7.300 --0.850 -4.130 0.960 0.060 0.000 0.000 -------57.680 ------

---0.000 --------0.000 21.300 0.000 7.830 13.480 15.450 0.390 0.310 ----2.890 5.510 (0.200) 15.100 --1.800 5.700 --1.980 -3.700 1.290 0.110 0.010 0.000 -------(26.560) ------

---0.000 --------(1.130) (13.100) (0.390) (3.070) (10.030) (9.740) (0.240) (0.240) ----1.310 5.980 0.000 17.240 --1.700 6.600 --0.290 0.000 4.250 1.330 0.030 0.010 0.000 -------(4.610) ------

---3.560 --------3.570 (15.900) 1.250 (8.440) (7.460) (8.190) (0.210) (0.210) 0.510 (7.930) (0.200) (0.200) -4.890 -20.160 --1.900 8.200 --(0.730) 0.000 4.510 0.920 0.000 0.040 0.000 -------(13.160) ------

---4.690 --------0.000 3.060 0.000 (0.850) 3.900 3.970 0.100 0.100 0.980 4.910 0.130 0.120 -3.410 -21.130 --2.000 4.900 --1.000 0.070 3.800 1.100 0.040 0.380 0.000 --------------

---4.680 --------0.450 3.780 0.160 (0.140) 3.930 4.100 0.110 0.100 0.000 4.480 0.120 0.110 -2.340 -18.590 --0.260 5.400 --0.430 0.180 3.960 0.540 0.060 0.260 0.000 --------------

Reported Net Business Profits

--

--

--

--

--

--

Balance Sheet (Differentiates) Annual - Standardised in Millions of US Dollar Fiscal Period: 2008 2007 2006 2005 2004 2003 Period End Date: 12/31/2008 12/31/2007 12/31/2006 12/31/2005 12/31/2004 12/31/2003 Update Type: Update Update Reclassified Update Reclassified Reclassified Update Date: 12/31/2008 12/31/2007 12/31/2007 12/31/2005 12/31/2005 12/31/2004 Source 10-K 10-K 10-K 10-K 10-K 10-K/A Source Date: 3/13/2009 3/17/2008 3/17/2008 3/30/2006 3/30/2006 4/25/2007 Complete Statement: Complete Complete Complete Complete Complete Complete Auditor Code: DT DT DT DT DT DT Cash ------Cash & Equivalents 16.750 30.300 5.630 5.450 8.780 8.950 Short Term Investments ------Cash and Short Term Investments 16.750 30.300 5.630 5.450 8.780 8.950 Accounts Receivable - Trade, Gross 63.900 58.030 55.220 53.400 60.460 49.870 Provision for Doubtful Accounts (1.600) (2.830) (1.980) (2.170) (2.900) (3.740) Accounts Receivable - Trade, Net 64.520 57.550 55.040 51.220 57.550 46.130 Notes Receivable - Short Term ------Receivables - Other ------Total Receivables, Net 64.520 57.550 55.040 51.220 57.550 46.130 Inventories - Finished Goods 66.480 58.960 53.750 51.150 43.590 39.220 Inventories - Work In Progress ------Inventories - Raw Materials 27.240 22.320 16.590 16.500 13.910 12.590 Inventories - Other ------LIFO Reserve ------Total Inventory 93.730 81.280 70.340 67.660 57.500 51.810 Prepaid Expenses ------Restricted Cash - Current ------Deferred Income Tax - Current Asset 9.240 9.250 5.760 8.450 7.940 9.060 Discountinued Operations - Current Asset ------Other Current Assets 16.690 11.300 11.950 32.830 37.520 15.150 Other Current Assets, Total 25.930 20.550 17.710 41.280 45.460 24.210 Total Current Assets 200.920 189.680 148.710 165.600 169.290 131.110 Buildings - Gross 29.790 29.360 28.250 27.840 25.930 24.420 Land/Improvements - Gross 12.840 13.380 12.960 10.580 11.330 12.240 Machinery/Equipment - Gross 338.810 341.620 323.120 312.310 325.400 320.200 Construction in Progress - Gross 25.700 10.050 11.630 11.640 4.780 7.470 Leases - Gross ------Natural Resources - Gross ------Other Property/Plant/Equipment - Gross ------Property/Plant/Equipment, Total - Gross 407.130 394.410 375.960 362.370 367.440 364.330 Accumulated Depreciation, Total (284.170) (288.900) (269.860) (253.620) (247.110) (235.370) Property/Plant/Equipment, Total - Net 122.960 105.510 106.100 108.750 120.330 128.960 Goodwill - Gross ------Accumulated Goodwill Amortization ------Goodwill, Net 26.340 27.850 27.500 33.870 34.070 18.370 Intangibles - Gross 15.490 15.780 14.740 15.170 15.380 4.720 Accumulated Intangible Amortization (9.560) (8.020) (6.220) (5.120) (3.200) (1.210) Intangibles, Net 5.930 7.760 8.520 10.050 12.180 3.510 LT Investment - Affiliate Companies 11.750 8.590 6.970 7.220 8.140 6.800 LT Investments - Other ------Long Term Investments 11.750 8.590 6.970 7.220 8.140 6.800

Note Receivable - Long Term Deferred Charges Pension Benefits - Overfunded Defered Income Tax - Long Term Asset Discontinued Operations - LT Asset Restricted Cash - Long Term Other Long Term Assets Other Long Term Assets, Total Total Assets Accounts Payable Payable/Accrued Accrued Expenses Notes Payable/Short Term Debt Current Port. of LT Debt/Capital Leases Dividends Payable Customer Advances Security Deposits Income Taxes Payable Other Payables Deferred Income Tax - Current Liability Discontinued Operations - Curr Liability Other Current Liabilities Other Current liabilities, Total Total Current Liabilities Long Term Debt Capital Lease Obligations Total Long Term Debt Total Debt Deferred Income Tax - LT Liability Deferred Income Tax Minority Interest Reserves Pension Benefits - Underfunded Other Long Term Liabilities Discontinued Operations - Liabilities Other Liabilities, Total Total Liabilities Redeemable Preferred Stock Redeemable Convertible Preferred Stock Redeemable Preferred Stock, Total Preferred Stock - Non Redeemable Convertible Preferred Stock - Non Rdmbl Treasury Stock - Preferred General Partner Preferred Stock - Non Redeemable, Net Common Stock Limited Partner Common Stock, Total Additional Paid-In Capital Retained Earnings (Accumulated Deficit) Treasury Stock - Common ESOP Debt Guarantee Unrealized Gain (Loss) Translation Adjustment

---13.130 --6.570 19.700 387.600 -39.650 10.660 1.610 8.780 ---1.090 ---4.640 5.730 66.420 0.000 -0.000 10.380 0.240 0.240 --68.200 --68.200 134.860 --------0.570 -0.570 144.040 143.190 (28.620) --17.090

---6.420 --2.330 8.750 348.140 -39.440 10.640 1.500 62.510 ---1.940 ---3.730 5.670 119.760 12.930 -12.930 76.940 1.360 1.360 --41.840 --41.840 175.890 --------0.430 -0.430 77.300 104.940 (27.420) --21.840

---20.230 --4.340 24.560 322.360 -36.610 7.970 0.000 0.000 ---8.420 ---2.520 10.940 55.530 74.840 -74.840 74.840 1.680 1.680 --42.450 --42.450 174.490 --------0.430 -0.430 70.350 94.040 (27.240) --19.280

---18.680 --3.700 22.380 347.870 -36.160 11.420 0.000 0 ---10.780 ---10.940 21.720 69.300 83.930 -83.930 83.930 1.390 1.390 --42.700 --42.700 197.310 --------0.430 -0.430 69.910 101.830 (27.130) ----

---16.410 --3.490 19.890 363.900 -35.450 7.380 0.000 0 ---12.740 ---8.880 21.610 64.440 84.600 -84.600 84.600 8.240 8.240 --38.750 --38.750 196.030 --------0.420 -0.420 65.520 112.800 (27.130) ----

---9.980 --3.480 13.460 302.200 -31.570 8.020 0.600 0 ---9.730 ---2.530 12.260 52.460 53.600 -53.600 54.200 11.820 11.820 0.280 -22.170 --22.170 140.320 --------0.420 -0.420 64.670 111.600 (27.130) ----

Other Equity Minimum Pension Liability Adjustment Other Comprehensive Income Other Equity, Total Total Equity Total Liabilities & Shareholders' Equity Shares Outs - Common Stock Primary Issue Shares Outstanding - Common Issue 2 Shares Outstanding - Common Issue 3 Shares Outstanding - Common Issue 4 Total Common Shares Outstanding Treas Shares - Common Stock Prmry Issue Treasury Shares - Common Issue 2 Treasury Shares - Common Issue 3 Treasury Shares - Common Issue 4 Shares Outstanding - Preferred Issue 1 Shares Outstanding - Preferred Issue 2 Shares Outstanding - Preferred Issue 3 Shares Outstanding - Preferred Issue 4 Shares Outstanding - Preferred Issue 5 Shares Outstanding - Preferred Issue 6 Total Preferred Shares Outstanding Treasury Shares - Preferred Issue 1 Treasury Shares - Preferred Issue 2 Treasury Shares - Preferred Issue 3 Treasury Shares - Preferred Issue 4 Treasury Shares - Preferred Issue 5 Treasury Shares - Preferred Issue 6 Full-Time Employees Part-Time Employees Number of Common Shareholders Accumulated Goodwill Amortization Suppl. Accumulated Intangible Amort, Suppl. Deferred Revenue - Current Deferred Revenue - Long Term Total Risk-Weighted Capital Tier 1 Capital % Total Capital % Trading Account Credit Exposure Non-Performing Loans Assets under Management Reported Total Assets Reported Total Liabilities Shareholders' Equity Excl. Stock Subscr. Reported Shareholder's Equity Reported Net Assets Reported Net Assets to Total Assets Reported Return on Assets Reported Return on Equity

------(22.720) (4.760) (8.410) ---(0.830) (0.070) (0.570) 5.530 16.250 12.310 (6.450) 17.010 10.310 5.530 16.250 12.310 252.740 172.250 147.870 150.560 167.870 161.870 387.600 348.140 322.360 347.870 363.900 302.200 54.060 40.220 39.730 39.670 39.170 39.010 ------------------54.060 40.220 39.730 39.670 39.170 39.010 2.900 2.830 2.820 2.790 2.790 2.790 ------------------------------------------------------------------------------------------------943.000 868.000 847.000 972.000 1,150.000 937.000 ------1,325.000 1,345.000 1,385.000 1,427.000 1,808.000 1,834.000 ------9.560 8.020 6.220 5.120 3.200 1.210 -------------------------------------------------------------------------------------------------------

Cash Flow (Indirect) - Annual - Standardised in Millions of US Dollar [+] Add Item Fiscal Period: 2008 2007 2006 2005 2004 2003 Period End Date: 12/31/2008 12/31/2007 12/31/2006 12/31/2005 12/31/2004 12/31/2003 Period Length: 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months

Update Type: Update Update Update Update Reclassified Update Update Date: 12/31/2008 12/31/2007 12/31/2006 12/31/2005 12/31/2005 12/31/2003 Source 10-K 10-K 10-K 10-K 10-K 10-K Source Date: 3/13/2009 3/17/2008 4/25/2007 3/30/2006 3/30/2006 3/11/2004 Complete Statement: Complete Complete Complete Complete Complete Complete Auditor Code: DT DT DT DT DT DT Net Income/Starting Line 38.360 15.290 (7.800) (7.420) 5.890 4.490 Depreciation 16.670 17.250 18.940 22.060 23.130 19.790 Depreciation/Depletion 16.670 17.250 18.940 22.060 23.130 19.790 Amortization of Intangibles ------Amortization of Acquisition Costs ------Amortization 0 0 0 0 0 0 Deferred Taxes 3.350 3.200 (0.970) (6.280) (2.370) (0.460) Accounting Change -----0.000 Discontinued Operations ------Extraordinary Item ------Unusual Items (4.350) 0.000 (7.360) 2.480 (0.340) 0.240 Purchased R&D ------Equity in Net Earnings (Loss) (0.850) (1.980) (0.290) 0.730 (1.000) (0.430) Other Non-Cash Items 2.900 6.700 3.290 4.300 4.580 4.620 Non-Cash Items (2.310) 4.730 (4.360) 7.500 3.240 4.430 Accounts Receivable (9.980) (1.100) 3.230 4.270 (3.470) 1.240 Inventories (14.930) (9.560) (1.510) (13.010) (2.080) (0.650) Prepaid Expenses ------Other Assets (2.070) 0.290 2.800 2.790 1.410 (5.720) Accounts Payable ------Accrued Expenses (6.220) (7.790) (11.400) (4.530) (4.910) (6.800) Payable/Accrued 2.610 5.390 (6.630) 5.350 (2.610) 4.270 Taxes Payable ------Other Liabilities ------Other Assets & Liabilities, Net 0.090 1.720 1.910 2.110 1.840 1.180 Other Operating Cash Flow ------Changes in Working Capital (30.500) (11.040) (11.590) (3.030) (9.810) (6.480) Cash from Operating Activities 25.570 29.410 (5.790) 12.840 20.070 21.770 Purchase of Fixed Assets (33.010) (11.790) (12.860) (16.000) (12.410) (8.680) Purchase/Acquisition of Intangibles --0.000 0.000 (0.690) -Software Development Costs ------Capital Expenditures (33.010) (11.790) (12.860) (16.000) (13.100) (8.680) Acquisition of Business 0 0.000 0.000 (0.860) (35.250) 0.000 Sale of Business ------Sale of Fixed Assets 0.910 0.510 1.210 1.360 1.530 0.640 Sale/Maturity of Investment 0.000 0.000 21.270 0.000 0.000 -Investment, Net ------Purchase of Investments ------Sale of Intangible Assets ------Intangible, Net ------Other Investing Cash Flow 0.000 0.000 4.600 0.000 0.000 -Other Investing Cash Flow Items, Total 0.910 0.510 27.070 0.500 (33.720) 0.640 Cash from Investing Activities (32.100) (11.280) 14.210 (15.500) (46.820) (8.040) Other Financing Cash Flow 2.120 0.940 0.000 0.000 --Financing Cash Flow Items 2.120 0.940 0.000 0.000 --Cash Dividends Paid - Common ------Cash Dividends Paid - Preferred ------Total Cash Dividends Paid 0 0.000 0.000 (3.560) (4.690) (4.680)

Sale/Issuance of Common Repurchase/Retirement of Common Common Stock, Net Sale/Issuance of Preferred Repurchase/Retirement of Preferred Preferred Stock, Net Sale/Issuance of Common/Preferred Repurch./Retirement of Common/Preferred Options Exercised Warrants Converted Treasury Stock Issuance (Retirement) of Stock, Net Short Term Debt Issued Short Term Debt Reduction Short Term Debt, Net Long Term Debt Issued Long Term Debt Reduction Long Term Debt, Net Total Debt Issued Total Debt Reduction Issuance (Retirement) of Debt, Net Cash from Financing Activities Foreign Exchange Effects Net Change in Cash Net Cash - Beginning Balance Net Cash - Ending Balance Cash Interest Paid Cash Taxes Paid Reported Cash from Operating Activities Reported Cash from Investing Activities Reported Cash from Financing Activities

5.120 (1.190) 3.930 --------3.930 ---0.000 (11.000) (11.000) --(11.000) (4.950) (2.080) (13.550) 30.300 16.750 4.800 15.300 ----

3.090 (0.190) 2.900 --------2.900 ---1.500 0.000 1.500 --1.500 5.350 1.190 24.670 5.630 30.300 5.340 1.810 ----

0.460 (0.110) 0.360 --------0.360 ---156.520 (165.610) (9.090) --(9.090) (8.730) 0.490 0.190 5.450 5.630 4.560 0.670 ----

3.050 0.000 3.050 --------3.050 ---108.820 (109.500) (0.680) --(0.680) (1.180) 0.500 (3.330) 8.780 5.450 5.070 0.360 ----

0.860 0.000 0.860 --------0.860 ---171.900 (141.560) 30.340 --30.340 26.510 0.070 (0.170) 8.950 8.780 3.350 1.460 ----

-----------------(3.400) --(3.400) (8.080) (0.790) 4.860 4.090 8.950 2.310 1.340 ----

2008

2007

2006

2005

2004

2003

20.6% 10.2% 12.2%

10.4% 4.8% 8.4%

(6.0%) (2.6%) (1.3%)

(6.3%) (2.9%) (0.4%)

2.5% 1.3% 3.6%

2.5% 1.3% 2.8%

$10.4 0.0 -252.7 $263.1

$64.0 12.9 -172.3 $249.2

$0.0 74.8 -147.9 $222.7

$0.0 83.9 -150.6 $234.5

$0.0 84.6 -167.9 $252.5

$0.6 53.6 -161.9 $216.1

$1.52

$1.41

$1.42

$1.24

$1.17

$1.17

Net Income Revenue Profit Margin

$36 400 8.9%

$15 351 4.4%

($9) 316 (2.9%)

($11) 291 (3.6%)

$4 296 1.3%

$4 253 1.5%

Revenue Total Assets

$400 388

$351 348

$316 322

$291 348

$296 364

$253 302

ROE ROA ROIC

Short-term Debt Long-Term Debt Preferred Stock Equity Common Stock Equity Invested Capital $ Revenue / $ Invested Capital DuPont ROE Analysis

Asset Utilization

1.0x

1.0x

1.0x

0.8x

0.8x

0.8x

9.2%

4.4%

(2.8%)

(3.0%)

1.1%

1.3%

388 172 2.3x

348 148 2.4x

322 151 2.1x

348 168 2.1x

364 162 2.2x

302 153 2.0x

20.6% 8.4% 4.3% 2.9%

10.4%

(6.0%)

(6.3%)

2.5%

2.5%

Gross Profit SG&A R&D D&A Taxes NOPAT

$133 $64 $4 $17 $18 $30

$109 $61 $4 $17 $8 $19

$79 $62 $4 $19 ($3) ($3)

$76 $60 $5 $22 ($10) ($1)

$88 $55 $4 $23 ($1) $8

$79 $50 $4 $20 ($0) $6

ST debt LT debt Equity Invested Capital

$10 $0 $253 $263

$64 $13 $172 $249

$0 $75 $148 $223

$0 $84 $151 $234

$0 $85 $168 $252

$1 $54 $162 $216

ROIC 3-year average 5-year average 10-year average

12.2% 6.4% 4.5% 4.6%

8.4%

(1.3%)

(0.4%)

3.6%

2.8%

$26 ($33) ($7)

$29 ($12) $18

($6) ($13) ($19)

$13 ($16) ($3)

$20 ($13) $7

$22 ($9) $13

$36

$15

($9)

($11)

$4

$4

114.0%

207.0%

30.1%

175.6%

343.6%

Return on Assets Total Assets Beginning Common Equity Leverage Return on Equity 3-year average 5-year average 10-year average

OCF Capex FCF Net Income FCF Conversion (FCF/NI) 3-year average 5-year average 10-year average Assumptions Growth Rate Net Operating Profit Margin Tax Rate Dep % of Revs. Investment Rate % of Revs. Working Cap. % of Revs 10 year average OCF Std. dev of 10 year OCF Beta

(20.9%) 100.0% 101.1% 122.4% 2008 14.0% 12.1% 34.3% 4.2% 8.2% 29.6% $22 $12 0.55

3-year 11.3% 6.0% 31.1% 5.0% 5.2% 28.7%

Average 5-year 10- year 9.8% 3.2% 3.5% 4.1% 35.8% 33.7% 6.1% 6.9% 5.1% 4.5% 28.3% 26.4%

2008

2007

2006

2005

2004

2003

$400 14.0%

$351 11.1%

$316 8.7%

$291 (1.7%)

$296 16.9%

$253 (1.9%)

$36 $0 $36 100.0%

$15 $0 $15 100.0%

($9) $0 ($9) 100.0%

($11) $4 ($14) 133.9%

$4 $5 ($1) NA

$4 $5 ($1) NA

ROE

20.6%

10.4%

(6.0%)

(6.3%)

2.5%

2.5%

Growth (b*ROE)

20.6%

10.4%

(6.0%)

(8.4%)

0.0%

0.0%

Clean Operating Income % of Revenues

$48 12.1%

$27 7.6%

($6) (1.8%)

($10) (3.3%)

$8 2.7%

$7 2.6%

Taxes % of Pre-tax income

$18 34.3%

$8 36.8%

($3) 22.4%

($10) 49.8%

($1) NA

($0) NA

Depreciation % of Revenues

$17 4.2%

$17 4.9%

$19 6.0%

$22 7.6%

$23 7.8%

$20 7.8%

Capex % of Revenues

($33) 8.2%

($12) 3.4%

($13) 4.1%

($16) 5.5%

($13) 4.4%

($9) 3.4%

$65 94 40 $119 29.6%

$58 81 39 $99 28.3%

$55 70 37 $89 28.1%

$51 68 36 $83 28.4%

$58 58 35 $80 26.9%

$46 52 32 $66 26.2%

Revenue growth Net Income Dividends Retained Earning Retention Rate

Accounts Receivable Inventories Payables Working Capital % of Revenues

2002 2001 2000 1999 12/31/2002 12/31/2001 12/31/2000 12/31/1999 12 Months 12 Months 12 Months 12 Months Update Update Update Update 12/31/2002 12/31/2001 12/31/2000 12/31/1999 10-K 10-K 10-K 10-K 3/31/2003 3/29/2002 4/3/2001 3/27/2000 Complete Complete Complete Complete DT DT DT PWCL 258.090 270.590 268.980 296.150 ------------258.090 270.590 268.980 296.150 ------------258.090 270.590 268.980 296.150 177.970 183.510 173.810 196.190 ----177.970 183.510 173.810 196.190 80.130 87.090 95.170 99.960 47.720 45.490 49.540 55.150 --------47.720 45.490 49.540 55.150 4.110 5.600 7.430 7.740 19.040 20.340 20.600 22.880 --------19.040 20.340 20.600 22.880 ------------------------------------0.120 0.320 (2.280) 29.840 ----------------0.120 0.320 (2.280) 29.840 -------------

1998 12/31/1998 12 Months Update 12/31/1998 10-K 3/25/1999 Complete PW 301.040 ---301.040 ---301.040 188.130 -188.130 112.910 56.080 --56.080 8.440 21.610 --21.610 ---------7.350 ----7.350 ----

1997 12/31/1997 12 Months Restated 12/31/1998 10-K 3/25/1999 Complete PW 327.500 ---327.500 ---327.500 202.780 -202.780 124.720 56.210 --56.210 8.330 20.440 --20.440 ---------1.530 ----1.530 ----

1996 12/31/1996 12 Months Restated 12/31/1998 10-K 3/25/1999 Complete PW 290.200 ---290.200 ---290.200 181.520 -181.520 108.680 50.280 --50.280 6.520 19.050 --19.050 ---------0.000 ----0.000 ----

1995 1994 1993 12/31/1995 12/31/1994 12/31/1993 12 Months 12 Months 12 Months Update Update Update 12/31/1995 12/31/1994 12/31/1993 10-K --3/25/1996 --Complete Complete Complete PWCL --291.900 274.240 269.420 ---------291.900 274.240 269.420 ---------291.900 274.240 269.420 184.220 177.370 164.480 ---184.220 177.370 164.480 107.680 96.870 104.940 50.200 46.520 45.530 ------50.200 46.520 45.530 5.590 6.290 6.510 18.450 19.030 18.160 ------18.450 19.030 18.160 ---------------------------0.000 41.760 1.730 ------------0.000 41.760 1.730 ----------

----248.950 9.150 (2.570) -(2.570) 0.580 (0.010) 0.570 -(2.000) ----(1.730) (1.730) 5.420 1.320 4.110 0.110 --4.220 (30.930) ---(30.930) (26.700) ------4.220 (26.700) 38.940 0.110 (0.690) 0.000 (26.700) 39.130 0.110 (0.680) 0.120 -----

----255.260 15.340 (3.350) -(3.350) 0.190 (0.450) (0.250) -(3.600) ----(0.120) (0.120) 11.620 3.590 8.030 (0.050) --7.970 0.000 ---0.000 7.970 ------7.970 7.970 38.810 0.210 0.210 0.000 7.970 39.160 0.200 0.200 0.200 -----

----249.100 19.890 (4.970) -(4.970) 0.150 (0.680) (0.530) -(5.500) ----0.310 0.310 14.690 4.500 10.200 (0.340) --9.850 0.000 ---0.000 9.850 ------9.850 9.850 38.810 0.250 0.250 -9.850 38.870 0.250 0.250 0.150 -----

----311.800 (15.650) (4.890) -(4.890) 0.100 -0.100 -(4.800) ----(2.520) (2.520) (22.970) (9.340) (13.630) (0.100) --(13.730) -----(13.730) ------(13.730) (13.730) 38.780 (0.350) (0.350) 0.000 (13.730) 38.780 (0.350) (0.350) 0.290 -----

----281.600 19.440 (4.770) -(4.770) 0.180 -0.180 -(4.590) ----(1.830) (1.830) 13.020 4.700 8.320 (0.050) --8.270 -----8.270 ------8.270 8.270 39.500 0.210 0.210 -8.270 39.520 0.210 0.210 0.320 -----

----289.290 38.210 (4.060) -(4.060) 0.330 -0.330 -(3.730) ----(1.440) (1.440) 33.040 11.660 21.380 0.110 --21.480 -----21.480 ------21.480 21.480 39.700 0.540 0.540 -21.480 39.700 0.540 0.540 0.320 -----

----257.360 32.830 (0.750) -(0.750) 1.550 -1.550 -0.800 ----(0.740) (0.740) 32.890 11.830 21.060 0.000 --21.060 -----21.060 ------21.060 21.060 40.270 0.520 0.520 -21.060 40.270 0.520 0.520 0.320 -----

----258.460 33.440 (0.620) -(0.620) 1.470 -1.470 -0.850 ----(2.040) (2.040) 32.250 10.910 21.350 0.000 --21.350 -----21.350 ------21.350 21.350 40.420 0.530 0.530 0.000 21.350 40.480 0.530 0.530 0.800 -----

-0.000 -0.000 290.970 (16.730) (0.750) -(0.750) ----(0.750) ----(1.110) (1.110) (18.590) (9.980) (8.610) 0.000 --(8.610) 0.000 -0.000 -0.000 (8.610) ---0.000 -0.000 (8.610) (8.610) 40.640 (0.210) (0.210) 0.000 (8.610) 40.640 (0.210) (0.210) 0.160 -----

-1.820 -1.820 238.230 31.190 (0.980) -(0.980) ----(0.980) ----0.580 0.580 30.790 11.640 19.150 0.000 --19.150 0.000 -0.000 -0.000 19.150 ---0.000 -0.000 19.150 19.150 41.000 0.470 0.470 0.000 19.150 41.000 0.470 0.470 0.160 -----

---4.670 --------0.120 5.540 0.030 1.340 4.200 4.310 0.110 0.110 0.490 (27.190) (0.700) (0.690) -2.570 -18.790 -0.000 0.250 5.120 --(0.190) 0.110 4.110 0.430 0.050 0.270 0.000 --------------

---7.760 --------2.600 14.220 0.100 3.690 10.530 10.480 0.270 0.270 0.700 7.280 0.190 0.190 -3.350 -17.940 -2.280 0.120 6.890 ---(0.050) 5.600 0.260 0.360 -0.510 --------------

---5.820 --------0.000 14.690 (0.700) 3.800 10.900 10.550 0.270 0.270 0.200 9.650 0.250 0.250 -4.970 -18.190 -2.280 0.120 7.030 ---(0.340) 7.430 0.250 0.560 -0.480 --------------

---11.250 --------32.140 9.170 10.440 1.100 8.070 7.970 0.210 0.210 0.470 (14.200) (0.370) (0.370) -4.890 -20.580 -2.300 -7.600 ---(0.100) 7.740 ------------------

---12.630 --------9.750 22.760 2.650 7.350 15.410 15.360 0.390 0.390 0.230 8.040 0.200 0.200 -4.770 -19.210 -2.400 -7.100 ---(0.050) 8.440 ------------------

---12.700 --------3.940 36.980 0.540 12.200 24.780 24.890 0.630 0.630 0.270 21.220 0.530 0.530 -4.060 -18.030 -2.410 -7.200 ---0.110 8.330 ------------------

---12.880 --------0.300 33.190 0.000 11.830 21.360 21.360 0.530 0.530 0.320 20.740 0.520 0.510 -0.750 -19.050 -0.300 -7.140 ---0.000 6.520 ------------------

------------0.000 32.250 0.000 10.910 21.350 21.350 0.530 0.530 -----0.620 -18.450 ---6.830 ---0.000 5.590 ------------------

------------41.760 23.180 14.620 4.640 18.540 18.540 0.460 0.460 -----0.750 -19.030 -------0.000 6.290 ------------------

------------1.730 32.520 0.660 12.290 20.230 20.230 0.490 0.490 -----0.980 -18.160 -------0.000 6.510 ------------------

--

--

--

--

--

--

--

--

--

--

2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 12/31/2002 12/31/2001 12/31/2000 12/31/1999 12/31/1998 12/31/1997 12/31/1996 12/31/1995 12/31/1994 12/31/1993 Update Restated Restated Restated Update Restated Reclassified Update Update Update 12/31/2002 12/31/2002 12/31/2001 12/31/2000 12/31/1998 12/31/1998 12/31/1997 12/31/1995 12/31/1994 12/31/1993 10-K 10-K 10-K 10-K 10-K 10-K 10-K 10-K --3/31/2003 3/31/2003 3/29/2002 4/3/2001 3/25/1999 3/25/1999 3/25/1998 3/25/1996 --Complete Complete Complete Complete Complete Complete Complete Complete Complete Complete DT DT DT DT PW PW PWCL PWCL ------------4.090 3.570 4.330 4.190 1.330 7.980 15.440 40.090 45.380 21.790 ----------4.090 3.570 4.330 4.190 1.330 7.980 15.440 40.090 45.380 21.790 48.500 46.860 53.540 62.730 59.750 -----(3.010) (2.620) (2.630) (3.840) (3.280) -----45.490 44.230 50.910 58.890 56.460 67.890 59.360 55.780 50.860 48.900 --------------------45.490 44.230 50.910 58.890 56.460 67.890 59.360 55.780 50.860 48.900 39.600 34.530 31.340 34.280 44.870 38.040 30.350 29.680 ------------9.060 7.580 5.600 9.450 12.940 11.520 16.120 13.960 ----------------------48.670 42.100 36.940 43.730 57.820 49.560 46.470 43.640 41.670 47.650 --------------------7.710 9.720 ------------------10.460 14.630 12.390 9.030 14.240 14.160 13.650 8.520 11.230 14.600 18.170 24.350 12.390 9.030 14.240 14.160 13.650 8.520 11.230 14.600 116.420 114.260 104.570 115.850 129.840 139.590 134.920 148.030 149.130 132.940 23.240 22.340 22.920 23.390 22.770 22.320 21.820 21.500 20.790 20.470 11.190 10.140 13.380 13.920 13.520 13.070 12.740 13.050 12.690 13.590 306.380 295.970 287.120 288.240 324.730 303.470 275.340 261.840 245.950 249.240 4.000 7.560 6.420 -------------------------------------344.820 336.020 329.840 325.550 361.020 338.870 309.910 296.400 279.440 283.300 (209.970) (192.360) (178.490) (163.800) (171.770) (151.240) (136.340) (120.450) (100.290) (86.810) 134.850 143.660 151.350 161.750 189.250 187.630 173.560 175.950 179.150 196.490 --------------------17.170 70.060 74.310 76.620 78.340 80.970 72.660 ---4.190 4.250 -----0.180 --(0.950) (0.700) -----(0.070) --3.240 3.550 -----0.110 0.000 0.000 7.040 0.000 ------------------7.040 0.000 ---------

---7.730 --4.180 11.910 290.630 -25.470 8.700 0.000 0.000 ---2.910 ---1.870 4.780 38.950 57.600 -57.600 57.600 16.880 16.880 0.060 -23.820 --23.820 137.310 --------0.420 -0.420 64.450 111.800 (27.130) ----

---7.390 --0.630 8.020 339.550 -24.980 6.990 8.760 1.280 ---1.890 ---3.850 5.740 47.740 54.360 -54.360 64.400 39.860 39.860 0.000 -13.780 --13.780 155.740 --------0.420 -0.420 63.810 143.170 (27.130) ----

------9.900 9.900 340.120 -26.470 8.610 9.120 10.180 ---5.190 ---4.290 9.490 63.860 48.080 -48.080 67.380 29.460 29.460 1.940 -11.790 --11.790 155.140 --------0.420 -0.420 63.410 142.960 (27.130) ----

------7.290 7.290 361.510 -29.860 8.620 0.000 4.600 ---2.400 ---19.240 21.640 64.720 76.120 -76.120 80.720 26.650 26.650 1.880 -11.020 --11.020 180.390 --------0.420 -0.420 63.370 138.940 (27.120) ----

------9.560 9.560 406.990 33.700 -10.140 0.000 22.130 ---0.930 ---4.910 5.840 71.820 71.100 -71.100 93.230 42.640 42.640 1.620 -9.830 --9.830 197.010 --------0.420 -0.420 62.870 163.910 (26.990) ----

------10.850 10.850 419.040 47.560 -14.250 0.000 9.620 ---4.630 ---6.280 10.910 82.340 72.300 -72.300 81.910 37.180 37.180 1.380 -6.460 --6.460 199.660 --------0.420 -0.420 62.870 168.280 (20.070) ----

------16.110 16.110 397.250 35.850 -12.900 0.000 4.450 ---5.200 ---7.850 13.050 66.250 65.840 -65.840 70.290 40.520 40.520 0.000 --7.750 -7.750 180.360 --------0.410 -0.410 62.100 162.100 (20.070) --12.350

------13.910 13.910 338.000 28.250 -13.550 0.000 8.510 ---1.520 ---11.620 13.130 63.450 5.610 -5.610 14.120 41.960 41.960 ---8.800 -8.800 119.810 --------0.410 -0.410 61.990 153.340 (12.330) --14.780

------15.210 15.210 343.480 28.620 -10.690 0.000 3.270 ---0.500 ---22.760 23.260 65.850 6.400 -6.400 9.670 34.340 34.340 ---9.750 -9.750 116.340 ---0.000 ---0.000 0.410 -0.410 61.990 164.330 (12.330) --12.750

------7.900 7.900 337.330 23.940 -8.890 0.000 2.520 ---2.130 ---0.790 2.930 38.280 6.480 -6.480 8.990 35.720 35.720 ---9.790 -9.790 90.260 ---0.000 ---0.000 0.410 -0.410 61.340 179.430 (1.620) --7.500

--------------------3.790 3.540 5.340 5.510 9.780 7.890 ----3.790 3.540 5.340 5.510 9.780 7.890 12.350 14.780 12.750 7.500 153.320 183.810 184.990 181.120 209.990 219.380 216.900 218.190 227.150 247.070 290.630 339.550 340.120 361.510 406.990 419.040 397.250 338.000 343.480 337.330 38.960 38.860 38.810 38.800 38.740 39.740 39.670 40.420 40.420 40.950 ------------------------------38.960 38.860 38.810 38.800 38.740 39.740 39.670 40.420 40.420 40.950 2.790 2.790 2.790 2.780 2.760 ---------------------------------------------------------------------------------------------------------------------------------------------------------------------976.000 960.000 995.000 1,185.000 1,195.000 1,341.000 1,297.000 1,097.000 1,267.000 1,320.000 ----------1,833.000 1,841.000 1,871.000 1,861.000 803.000 866.000 984.000 1,102.000 1,306.000 1,470.000 --8.580 6.480 4.340 2.360 0.250 ---0.950 0.700 -----0.070 ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 12/31/2002 12/31/2001 12/31/2000 12/31/1999 12/31/1998 12/31/1997 12/31/1996 12/31/1995 12/31/1994 12/31/1993 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months

Update Update Update Update Update Reclassified Reclassified Update Update Update 12/31/2002 12/31/2001 12/31/2000 12/31/1999 12/31/1998 12/31/1998 12/31/1998 12/31/1995 12/31/1994 12/31/1993 10-K 10-K 10-K 10-K 10-K 10-K 10-K 10-K --3/31/2003 3/29/2002 4/3/2001 3/27/2000 3/25/1999 3/25/1999 3/25/1999 3/25/1996 --Complete Complete Complete Complete Complete Complete Complete Complete Complete Complete DT DT DT PWCL PW PW PW PWCL --(26.700) 7.970 9.850 (13.730) 8.270 21.480 21.060 21.350 (8.610) 19.150 19.040 20.340 20.600 22.880 21.610 20.440 19.330 18.530 19.560 18.680 19.040 20.340 20.600 22.880 21.610 20.440 19.330 18.530 19.560 18.680 --------------------0 0 0 0 0 0 0 0 0 0 0.470 2.400 2.660 (11.790) 5.220 3.530 1.580 7.230 (14.840) 3.120 30.930 ----0.000 0.000 0.000 0.000 0.000 --------------------(0.940) (2.080) (17.070) 26.340 (0.620) (0.540) (3.010) (12.850) 41.180 0.000 ----------0.190 ---------3.470 1.810 1.270 2.160 0.420 0.490 0.520 0.450 0.700 1.370 33.650 (0.280) (15.800) 28.500 (0.200) (0.060) (2.480) (12.400) 41.870 1.370 (1.880) 5.690 6.420 (3.310) 12.600 (3.260) 3.960 (3.960) (1.960) 2.900 (8.230) (6.040) 6.150 11.120 (7.250) (7.320) (0.360) (0.210) 1.860 (4.300) ----------3.890 (2.790) (2.970) 3.510 (0.180) (2.220) 0.090 2.760 1.240 1.770 --------------------2.360 (3.370) 4.040 0.850 (14.320) 6.370 4.930 3.360 4.850 (2.890) --------------------(1.600) 0.570 0.100 0.920 1.160 (1.420) (1.720) (1.050) (0.410) 1.280 ----------(5.460) (5.940) 13.750 13.100 (7.990) (7.850) 6.900 0.910 5.580 (1.260) 21.000 24.500 31.050 38.960 26.920 37.540 46.390 35.610 43.560 41.070 (11.440) (12.560) (9.450) (8.580) (19.380) (34.480) (14.380) (12.680) (7.110) (15.110) --------------------(11.440) (12.560) (9.450) (8.580) (19.380) (34.480) (14.380) (12.680) (7.110) (15.110) 0.000 (3.400) 0.000 (0.810) (6.060) (4.550) (92.630) 0.000 0.000 0.000 ----------1.300 0.930 0.260 1.820 0.830 1.610 1.010 0.700 1.360 1.080 ------------------------------------------------------------1.300 (2.470) 0.260 1.010 (5.230) (2.940) (91.630) 0.700 1.360 1.080 (10.140) (15.040) (9.200) (7.580) (24.600) (37.420) (106.000) (11.980) (5.760) (14.030) ---0.000 0.000 0.770 0.120 0.000 0.230 0.140 ---0.000 0.000 0.770 0.120 0.000 0.230 0.140 --------------------(4.670) (7.760) (7.760) (12.410) (12.710) (12.700) (12.730) (32.340) (6.490) (6.560)

-----------------(3.220) --(3.220) (7.890) (2.440) 0.530 3.570 4.090 2.500 0.220 ----

-0.000 0.000 --------0.000 -----(2.040) --(2.040) (9.800) (0.430) (0.770) 4.330 3.570 3.420 0.770 ----

-(0.060) (0.060) --------(0.060) -----(12.210) --(12.210) (20.030) (1.690) 0.140 4.190 4.330 4.980 (1.560) ----

-(0.130) (0.130) --------(0.130) -----(13.240) --(13.240) (25.780) (2.730) 2.870 1.330 4.190 5.140 (0.750) ----

-(6.920) (6.920) --------(6.920) -----11.180 --11.180 (8.450) (0.530) (6.660) 7.980 1.330 4.740 7.580 ----

0.000 0.000 0.000 -0.000 0.000 -----0.000 ----0.000 5.200 -0.000 5.200 (6.730) (0.850) (7.460) --3.770 9.270 ----

0.000 (7.740) (7.740) -0.000 0.000 -----(7.740) ----0.000 56.070 -0.000 56.070 35.720 (0.750) (24.650) --0.770 5.290 ----

0.000 0.000 0.000 -0.000 0.000 -----0.000 ----0.000 4.000 -0.000 4.000 (28.340) (0.580) (5.290) --0.920 0.800 ----

0.000 (10.710) (10.710) -0.000 0.000 -----(10.710) ----0.000 0.600 -0.000 0.600 (16.380) 2.160 23.580 --0.430 4.010 ----

0.000 (1.620) (1.620) -0.000 0.000 -----(1.620) ----(3.770) (3.770) -0.000 (3.770) (11.810) (1.660) 13.570 --0.990 4.310 ----

2002

2001

2000

1999

1998

1997

1996

1995

1994

1993

2.3% 1.2% 3.2%

4.3% 2.3% 4.8%

5.4% 2.7% 5.0%

(6.5%) (3.4%) 7.8%

3.8% 2.0% 7.3%

9.9% 5.4% 9.8%

9.7% 6.2% 8.9%

9.4% 6.2% 9.5%

(3.5%) (2.6%) 13.5%

8.0% 5.7% 9.0%

$0.0 57.6 -153.3 $210.9

$10.0 54.4 -183.8 $248.2

$19.3 48.1 -185.0 $252.4

$4.6 76.1 -181.1 $261.8

$22.1 71.1 -210.0 $303.2

$9.6 72.3 -219.4 $301.3

$4.5 65.8 -216.9 $287.2

$8.5 5.6 -218.2 $232.3

$3.3 6.4 0.0 227.2 $236.8

$2.5 6.5 0.0 247.1 $256.1

$1.22

$1.09

$1.07

$1.13

$0.99

$1.09

$1.01

$1.26

$1.16

$1.05

$4 258 1.6%

$8 271 2.9%

$10 269 3.7%

($14) 296 (4.6%)

$8 301 2.7%

$21 328 6.6%

$21 290 7.3%

$21 292 7.3%

($9) 274 (3.1%)

$19 269 7.1%

$258 291

$271 340

$269 340

$296 362

$301 407

$328 419

$290 397

$292 338

$274 343

$269 337

0.9x

0.8x

0.8x

0.8x

0.7x

0.8x

0.7x

0.9x

0.8x

0.8x

1.5%

2.3%

2.9%

(3.8%)

2.0%

5.1%

5.3%

6.3%

(2.5%)

5.7%

291 184 1.6x

340 185 1.8x

340 181 1.9x

362 210 1.7x

407 219 1.9x

419 217 1.9x

397 218 1.8x

338 227 1.5x

343 247 1.4x

337 239 1.4x

2.3%

4.3%

5.4%

(6.5%)

3.8%

9.9%

9.7%

9.4%

(3.5%)

8.0%

$80 $48 $4 $19 $1 $8

$87 $45 $6 $20 $4 $12

$95 $50 $7 $21 $5 $13

$100 $55 $8 $23 ($9) $24

$113 $56 $8 $22 $5 $22

$125 $56 $8 $20 $12 $28

$109 $50 $7 $19 $12 $21

$108 $50 $6 $19 $11 $22

$97 $47 $6 $20 ($10) $34

$105 $46 $7 $19 $12 $23

$0 $58 $153 $211

$10 $54 $184 $248

$19 $48 $185 $252

$5 $76 $181 $262

$22 $71 $210 $303

$10 $72 $219 $301

$4 $66 $217 $287

$9 $6 $218 $232

$3 $6 $227 $237

$3 $6 $247 $256

3.2%

4.8%

5.0%

7.8%

7.3%

9.8%

8.9%

9.5%

13.5%

9.0%

$21 ($11) $10

$25 ($13) $12

$31 ($9) $22

$39 ($9) $30

$27 ($19) $8

$38 ($34) $3

$46 ($14) $32

$36 ($13) $23

$44 ($7) $36

$41 ($15) $26

$4

$8

$10

($14)

$8

$21

$21

$21

($9)

$19

226.5%

149.8%

219.3% (221.3%)

91.2%

14.2%

152.0%

107.4% (423.3%)

135.6%

2002

2001

2000

1999

1998

1997

1996

1995

1994

1993

$258 (4.6%)

$271 0.6%

$269 (9.2%)

$296 (1.6%)

$301 (8.1%)

$328 12.9%

$290 (0.6%)

$292 6.4%

$274 1.8%

$269 (9.7%)

$4 $5 ($0) NA

$8 $8 $0 2.6%

$10 $8 $2 21.2%

($14) $12 ($26) 190.4%

$8 $13 ($4) NA

$21 $13 $9 40.9%

$21 $13 $8 39.6%

$21 $32 ($11) NA

($9) $6 ($15) 175.4%

$19 $7 $13 65.7%

2.3%

4.3%

5.4%

(6.5%)

3.8%

9.9%

9.7%

9.4%

(3.5%)

8.0%

0.0%

0.1%

1.2%

(12.4%)

0.0%

4.0%

3.8%

0.0%

(6.1%)

5.3%

$9 3.6%

$16 5.8%

$18 6.5%

$14 4.8%

$27 8.9%

$40 12.1%

$33 11.3%

$33 11.5%

$25 9.1%

$35 12.9%

$1 24.4%

$4 30.9%

$5 30.6%

($9) 40.7%

$5 36.1%

$12 35.3%

$12 36.0%

$11 33.8%

($10) 53.7%

$12 37.8%

$19 7.4%

$20 7.5%

$21 7.7%

$23 7.7%

$22 7.2%

$20 6.2%

$19 6.7%

$19 6.3%

$20 7.1%

$19 6.9%

($11) 4.4%

($13) 4.6%

($9) 3.5%

($9) 2.9%

($19) 6.4%

($34) 10.5%

($14) 5.0%

($13) 4.3%

($7) 2.6%

($15) 5.6%

$45 49 25 $69 26.6%

$44 42 25 $61 22.7%

$51 37 26 $61 22.8%

$59 44 30 $73 24.6%

$56 58 34 $81 26.8%

$68 50 48 $70 21.3%

$59 46 36 $70 24.1%

$56 44 28 $71 24.4%

$51 42 29 $64 23.3%

$49 48 24 $73 27.0%

1992 1991 1990 1989 12/31/1992 12/31/1991 12/31/1990 12/31/1989 12 Months 12 Months 12 Months 12 Months Update Update Update Update 12/31/1992 12/31/1991 12/31/1990 12/31/1989 --------Complete Complete Complete Complete ----298.370 308.370 284.900 253.390 ------------298.370 308.370 284.900 253.390 ------------298.370 308.370 284.900 253.390 176.730 183.360 165.260 141.220 ----176.730 183.360 165.260 141.220 121.640 125.010 119.640 112.170 47.440 45.370 41.200 42.550 --------47.440 45.370 41.200 42.550 6.210 5.900 5.640 4.730 16.140 12.490 10.380 8.200 --------16.140 12.490 10.380 8.200 ------------------------------------5.200 0.000 0.000 0.000 ----------------5.200 0.000 0.000 0.000 -------------

-1.540 -1.540 253.260 45.120 (1.350) -(1.350) ----(1.350) ----0.220 0.220 43.990 15.360 28.640 0.000 --28.640 (10.650) -0.000 -(10.650) 17.980 ---0.000 -0.000 28.640 17.980 40.850 0.700 0.440 0.000 17.980 40.850 0.700 0.440 0.160 -----

-0.370 -0.370 247.490 60.890 (1.040) -(1.040) ----(1.040) ----0.870 0.870 60.710 22.610 38.100 0.000 --38.100 0.000 -0.000 -0.000 38.100 ---0.000 -0.000 38.100 38.100 40.710 0.940 0.940 0.000 38.100 40.710 0.940 0.940 0.160 -----

-0.230 -0.230 222.700 62.200 (1.340) -(1.340) ----(1.340) ----2.330 2.330 63.190 23.640 39.550 0.000 --39.550 0.000 -(1.240) -(1.240) 38.310 ---0.000 -0.000 39.550 38.310 40.570 0.970 0.940 0.000 38.310 40.570 0.970 0.940 0.150 -----

-0.460 -0.460 197.170 56.220 (3.520) -(3.520) ----(3.520) ----2.700 2.700 55.410 20.210 35.210 0.000 --35.210 0.000 -0.000 -0.000 35.210 ---0.000 -0.000 35.210 35.210 40.510 0.870 0.870 0.000 35.210 40.510 0.870 0.870 0.110 -----

------------5.200 49.190 1.810 17.170 32.020 32.020 0.780 0.780 -----1.350 -16.140 -------0.000 6.210 ------------------

------------0.000 60.710 0.000 22.610 38.100 38.100 0.940 0.940 -----1.040 -12.490 -------0.000 5.900 ------------------

------------0.000 63.190 0.000 23.640 39.550 39.550 0.970 0.970 -----1.340 -10.380 -------0.000 5.640 ------------------

------------0.000 55.410 0.000 20.210 35.210 35.210 0.870 0.870 -----3.520 -8.200 -------0.000 4.730 ------------------

--

--

--

--

1992 1991 1990 1989 12/31/1992 12/31/1991 12/31/1990 12/31/1989 Update Update Update Update 12/31/1992 12/31/1991 12/31/1990 12/31/1989 --------Complete Complete Complete Complete --------8.230 8.250 21.990 44.170 ----8.230 8.250 21.990 44.170 --------51.800 58.570 61.460 49.420 --------51.800 58.570 61.460 49.420 --------------------43.350 37.590 36.610 29.450 ----------------16.370 19.120 8.980 6.150 16.370 19.120 8.980 6.150 119.740 123.530 129.040 129.200 20.350 9.620 9.080 7.910 13.930 9.780 8.850 6.100 241.410 239.690 171.000 121.120 ----------------275.680 259.090 188.920 135.120 (71.220) (57.320) (44.640) (33.100) 204.460 201.770 144.290 102.010 --------------------0.000 0.000 0.000 0.000 -------------

------10.320 10.320 334.520 26.880 -11.200 0.000 6.420 ---0.580 ---0.000 0.580 45.080 6.800 -6.800 13.220 34.120 34.120 ---9.710 -9.710 95.700 ---0.000 ---0.000 0.410 -0.410 60.760 166.840 0.000 --10.810

------10.670 10.670 335.960 31.120 -13.010 0.000 0.220 ---2.130 ---0.000 2.130 46.480 27.650 -27.650 27.870 20.730 20.730 ---10.200 -10.200 105.050 ---0.000 ---0.000 0.410 -0.410 60.660 155.390 0.000 --14.460

------11.760 11.760 285.080 30.250 -10.490 0.000 0.220 ---5.940 ---0.000 5.940 46.890 11.220 -11.220 11.430 15.510 15.510 ---11.680 -11.680 85.290 ---0.000 ---0.000 0.200 -0.200 60.780 123.800 0.000 --15.010

------2.530 2.530 233.740 22.960 -6.550 0.000 4.640 ---4.460 ---0.000 4.460 38.620 17.700 -17.700 22.340 8.730 8.730 ---7.000 -7.000 72.040 ---0.000 ---0.000 0.200 -0.200 60.480 91.580 0.000 --9.440

---10.810 238.820 334.520 40.900 ---40.900 ----------------------------------------

---14.460 230.910 335.960 40.750 ---40.750 ----------------------------------------

---15.010 199.790 285.080 40.640 ---40.640 ----------------------------------------

---9.440 161.700 233.740 40.510 ---40.510 ----------------------------------------

1992 1991 1990 1989 12/31/1992 12/31/1991 12/31/1990 12/31/1989 12 Months 12 Months 12 Months 12 Months

Update Update Update Update 12/31/1992 12/31/1991 12/31/1990 12/31/1989 --------Complete Complete Complete Complete ----17.980 38.100 39.550 35.210 16.650 12.990 10.810 8.960 16.650 12.990 10.810 8.960 --------0 0 0 0 4.620 5.500 3.910 (0.480) 10.650 0.000 0.000 0.000 --------0.000 0.000 0.000 0.000 --------0.730 0.640 1.790 11.870 11.390 0.640 1.790 11.870 6.780 2.880 (10.520) (6.060) (5.760) (0.980) (7.090) (2.810) ----2.750 (10.130) (2.840) (1.930) --------(7.610) (0.420) 12.220 2.190 --------(1.400) (1.430) (2.330) 0.940 ----(5.230) (10.070) (10.560) (7.690) 45.410 47.160 45.510 47.860 (24.050) (70.570) (47.590) (24.320) --------(24.050) (70.570) (47.590) (24.320) 0.000 0.000 (5.030) 0.000 ----1.270 0.660 0.670 0.620 ------------------------1.270 0.660 (4.350) 0.620 (22.780) (69.910) (51.950) (23.700) 0.110 0.080 (0.900) 0.000 0.110 0.080 (0.900) 0.000 --------(6.540) (6.520) (6.090) (4.410)

0.000 0.000 0.000 -0.000 0.000 -----0.000 ----(13.420) (13.420) -0.000 (13.420) (19.850) (2.800) (0.020) --1.350 14.920 ----

0.000 0.000 0.000 -0.000 0.000 -----0.000 ----(127.560) 16.970 -0.000 16.970 10.530 (1.530) (13.740) --1.030 22.390 ----

0.000 0.000 0.000 -0.000 0.000 -----0.000 ----(30.520) (10.640) -0.000 (10.640) (17.620) 1.870 (22.190) --1.850 20.690 ----

0.000 0.000 0.000 -0.000 0.000 -----0.000 ----(14.550) (8.240) -0.000 (8.240) (12.650) 0.140 11.660 --3.370 20.560 ---1989

1992

1991

1990

12.4% 8.5% 13.9%

19.1% 13.4% 18.1%

24.5% 16.9% 20.8%

$6.4 6.8 0.0 238.8 $252.0

$0.2 27.7 0.0 230.9 $258.8

$0.2 11.2 0.0 199.8 $211.2

$4.6 17.7 0.0 161.7 $184.0

$1.18

$1.19

$1.35

$1.38

$29 298 9.6%

$38 308 12.4%

$40 285 13.9%

$35 253 13.9%

$298 335

$308 336

$285 285

$253 234

0.9x

0.9x

1.0x

1.1x

8.6%

11.3%

13.9%

15.1%

335 231 1.4x

336 200 1.7x

285 162 1.8x

234 NA NA

12.4%

19.1%

24.5%

NA

$122 $47 $6 $17 $15 $36

$125 $45 $6 $13 $23 $38

$120 $41 $6 $11 $24 $38

$112 $43 $5 $9 $20 $36

$6 $7 $239 $252

$0 $28 $231 $259

$0 $11 $200 $211

$5 $18 $162 $184

13.9%

18.1%

20.8%

NA

$45 ($24) $21

$47 ($71) ($23)

$46 ($48) ($2)

$48 ($24) $24

$29

$38

$40

$35

74.6%

(61.4%)

(5.3%)

66.9%

1992

1991

1990

$298 (3.2%)

$308 8.2%

$285 12.4%

$253

1989

$29 $7 $22 77.2%

$38 $7 $32 82.9%

$40 $6 $33 84.6%

$35 $4 $31 87.5%

12.4%

19.1%

24.5%

0.0%

9.6%

15.8%

20.7%

0.0%

$52 17.4%

$61 19.9%

$62 21.9%

$57 22.4%

$15 34.9%

$23 37.2%

$24 37.4%

$20 36.5%

$17 5.6%

$13 4.2%

$11 3.8%

$9 3.5%

($24) 8.1%

($71) 22.9%

($48) 16.7%

($24) 9.6%

$52 43 27 $68 22.9%

$59 38 31 $65 21.1%

$61 37 30 $68 23.8%

$49 29 23 $56

All Financial Reports

Calgon Carbon Corp Income Statement - Interim Standardised in Millions of US Dollar Fiscal Period: Period End Date: Period Length: Update Type: Update Date: Source Source Date: Complete Statement: Net Sales Gross Revenue Sales Returns and Allowances Excise Tax Receipts Revenue Interest Income, Non-Bank Other Revenue Other Revenue, Total Total Revenue Cost of Revenue Excise Taxes Payments Cost of Revenue, Total Gross Profit Selling/General/Administrative Expense Labor & Related Expense Advertising Expense Selling/General/Admin. Expenses, Total Research & Development Depreciation Amortization of Intangibles Amortization of Acquisition Costs Depreciation/Amortization Interest Expense - Operating Interest Capitalized - Operating Interest Expense, Net - Operating Interest Income - Operating Investment Income - Operating Interest/Investment Income - Operating Interest Expense(Income) - Net Operating Interest Exp.(Inc.),Net-Operating, Total Purchased R&D Written-Off Restructuring Charge Litigation Impairment-Assets Held for Use Impairment-Assets Held for Sale Other Unusual Expense (Income) Unusual Expense (Income) Foreign Currency Adjustment Unrealized Losses (Gains) Minimum Pension Liability Adjustment Loss(Gain) on Sale of Assets - Operating

2009 Q1 2008 Q4 2008 Q3 2008 Q2 3/31/2009 12/31/2008 9/30/2008 6/30/2008 3 Months 3 Months 3 Months 3 Months Update Update Update Update 3/31/2009 12/31/2008 9/30/2008 6/30/2008 10-Q 10-K 10-Q 10-Q 5/6/2009 3/13/2009 11/10/2008 8/11/2008 Complete Complete Complete Complete 90.630 102.390 99.070 108.480 ------------90.630 102.390 99.070 108.480 ------------90.630 102.390 99.070 108.480 61.210 68.640 65.460 71.020 ----61.210 68.640 65.460 71.020 29.420 33.760 33.610 37.460 15.750 16.510 16.290 16.150 --------15.750 16.510 16.290 16.150 0.960 1.010 1.030 1.000 3.780 4.510 4.040 4.200 --------3.780 4.510 4.040 4.200 ----------------------------------------------------0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 -----------------

2008 Q1 2007 Q4 3/31/2008 12/31/2007 3 Months 3 Months Restated Update 3/31/2009 12/31/2007 10-Q 10-K 5/6/2009 3/17/2008 Complete Complete 90.330 94.810 ------90.330 94.810 ------90.330 94.810 61.770 66.650 --61.770 66.650 28.570 28.150 15.200 17.430 ----15.200 17.430 1.090 -3.930 4.230 ----3.930 4.230 -------------------0.000 ---0.000 --(9.250) 0.000 (9.250) 0.000 ---------

Other Operating Expense Other, Net Other Operating Expenses, Total Total Operating Expense Operating Income Interest Expense - Non-Operating Interest Capitalized - Non-Operating Interest Expense, Net Non-Operating Interest Income - Non-Operating Investment Income - Non-Operating Interest/Invest Income - Non-Operating Interest Income(Exp), Net Non-Operating Interest Inc.(Exp.),Net-Non-Op., Total Gain (Loss) on Sale of Assets Foreign Currency Adjustment Unrealized Gains (Losses) Minimum Pension Liability Adjustment Other Non-Operating Income (Expense) Other, Net Net Income Before Taxes Provision for Income Taxes Net Income After Taxes Minority Interest Equity In Affiliates U.S. GAAP Adjustment Net Income Before Extra. Items Accounting Change Discontinued Operations Extraordinary Item Tax on Extraordinary Items Total Extraordinary Items Net Income Preferred Dividends General Partners' Distributions Miscellaneous Earnings Adjustment Pro Forma Adjustment Interest Adjustment - Primary EPS Total Adjustments to Net Income Income Available to Com Excl ExtraOrd Income Available to Com Incl ExtraOrd Basic Weighted Average Shares Basic EPS Excluding Extraordinary Items Basic EPS Including Extraordinary Items Dilution Adjustment Diluted Net Income Diluted Weighted Average Shares Diluted EPS Excluding ExtraOrd Items Diluted EPS Including ExtraOrd Items DPS - Common Stock Primary Issue Dividends per Share - Com Stock Issue 2 Dividends per Share - Com Stock Issue 3 Dividends per Share - Com Stock Issue 4 Special DPS - Common Stock Primary Issue Special DPS - Common Stock Issue 2

---81.700 8.940 (0.020) -(0.020) 0.130 -0.130 -0.110 ----(0.430) (0.430) 8.610 3.080 5.530 -0.440 -5.970 -----5.970 ------5.970 5.970 54.120 0.110 0.110 -5.970 56.080 0.110 0.110 0.000 ------

---90.670 11.720 (0.220) -(0.220) 0.250 -0.250 -0.030 ----(0.980) (0.980) 10.780 2.960 7.820 -0.520 -8.340 -(0.440) --(0.440) 7.890 ------8.340 7.890 53.250 0.160 0.150 -7.890 55.660 0.150 0.140 0.000 ------

---86.810 12.260 (0.980) -(0.980) 0.400 -0.400 -(0.580) ----(1.160) (1.160) 10.520 4.020 6.500 -0.040 -6.540 -(0.210) --(0.210) 6.330 ------6.540 6.330 44.620 0.150 0.140 -6.330 53.800 0.120 0.120 0.000 ------

---92.370 16.100 (1.200) -(1.200) 0.430 -0.430 -(0.780) ----(0.480) (0.480) 14.840 4.890 9.960 -(0.140) -9.820 -3.450 --3.450 13.260 ------9.820 13.260 40.560 0.240 0.330 -13.260 52.020 0.190 0.250 0.000 ------

---72.730 17.600 (2.090) -(2.090) 0.430 -0.430 -(1.660) ----(0.090) (0.090) 15.850 5.920 9.940 -0.440 -10.370 -----10.370 ------10.370 10.370 40.240 0.260 0.260 -10.370 51.760 0.200 0.200 0.000 ------

---88.310 6.500 ------(0.750) (0.750) ----(0.150) (0.150) 5.610 1.900 3.700 -0.210 -3.910 -(0.070) --(0.070) 3.840 ------3.910 3.840 39.960 0.100 0.100 -3.840 51.100 0.080 0.080 0.000 ------

Special DPS - Common Stock Issue 3 Special DPS - Common Stock Issue 4 Gross Dividends - Common Stock (Gain) Loss on Sale of Assets, Suppl. Impairment-Assets Held for Sale, Suppl. Impairment-Assets Held for Use, Suppl. Litigation Charge, Supplemental Purchased R&D Written-Off, Supplemental Restructuring Charge, Supplemental Other Unusual Expense(Income), Suppl. Non-Recurring Items, Supplemental, Total Total Special Items Normalized Income Before Taxes Effect of Special Items on Income Taxes Inc Tax Ex Impact of Sp Items Normalized Income After Taxes Normalized Inc. Avail to Com. Basic Normalized EPS Diluted Normalized EPS Pro Forma Stock Compensation Expense Net Income after Stock Based Comp. Exp. Basic EPS after Stock Based Comp. Exp. Diluted EPS after Stock Based Comp. Exp. Stock-Based Compensation, Supplemental Interest Expense, Supplemental Interest Capitalized, Supplemental Depreciation, Supplemental Funds From Operations - REIT Amort of Acquisition Costs, Supplemental Amort of Intangibles, Supplemental Rental Expense, Supplemental EPS, Supplemental Advertising Expense, Supplemental Equity in Affiliates, Supplemental Minority Interest, Supplemental Research & Development Exp, Supplemental Audit Fees Audit-Related Fees Tax Fees All Other Fees Reported Recurring Revenue Reported Net Premiums Written Reported Total Revenue Reported Operating Revenue Reported Total Cost of Revenue Reported Total Sales, General & Admin. Reported Gross Profit Reported Operating Profit Reported Operating Profit Margin Reported Ordinary Profit Reported Net Income After Tax Reported Basic EPS Reported Diluted EPS Reported Net Business Profits

--0.000 --------0.000 8.610 0.000 3.080 5.530 5.970 0.110 0.110 ----0.540 0.020 -3.480 --0.300 ---0.440 -0.960 -------------------

--0.000 --------0.000 10.780 0.000 2.960 7.820 8.340 0.160 0.150 ----0.640 0.220 -4.210 --0.300 ---0.520 -1.010 -------------------

--0.000 --------0.000 10.520 0.000 4.020 6.500 6.540 0.150 0.120 ----0.710 0.980 -3.640 --0.400 ---0.040 -1.030 -------------------

--0.000 --------0.000 14.840 0.000 4.890 9.960 9.820 0.240 0.190 ----0.710 1.200 -3.800 --0.400 ---(0.140) -1.000 -------------------

--0.000 --------(9.250) 6.600 (3.450) 2.470 4.140 4.580 0.110 0.090 ----0.820 2.090 -3.530 --0.400 ---0.440 -1.090 -------------------

--0.000 --------0.000 5.610 0.000 1.900 3.700 3.910 0.100 0.080 ----0.600 1.290 -4.230 --0.300 ---0.210 -1.000 -------------------

Balance Sheet (Differentiates) Interim - Standardised in Millions of US Dollar Fiscal Period: Period End Date: Update Type: Update Date: Source Source Date: Complete Statement: Cash Cash & Equivalents Short Term Investments Cash and Short Term Investments Accounts Receivable - Trade, Gross Provision for Doubtful Accounts Accounts Receivable - Trade, Net Notes Receivable - Short Term Receivables - Other Total Receivables, Net Inventories - Finished Goods Inventories - Work In Progress Inventories - Raw Materials Inventories - Other LIFO Reserve Total Inventory Prepaid Expenses Restricted Cash - Current Deferred Income Tax - Current Asset Discountinued Operations - Current Asset Other Current Assets Other Current Assets, Total Total Current Assets Buildings - Gross Land/Improvements - Gross Machinery/Equipment - Gross Construction in Progress - Gross Leases - Gross Natural Resources - Gross Other Property/Plant/Equipment - Gross Property/Plant/Equipment, Total - Gross Accumulated Depreciation, Total Property/Plant/Equipment, Total - Net Goodwill - Gross Accumulated Goodwill Amortization Goodwill, Net Intangibles - Gross Accumulated Intangible Amortization Intangibles, Net LT Investment - Affiliate Companies LT Investments - Other Long Term Investments Note Receivable - Long Term Deferred Charges

64.810 2009 Q1 2008 Q4 2008 Q3 2008 Q2 3/31/2009 12/31/2008 9/30/2008 6/30/2008 Update Restated Update Update 3/31/2009 3/31/2009 9/30/2008 6/30/2008 10-Q 10-Q 10-Q 10-Q 5/6/2009 5/6/2009 11/10/2008 8/11/2008 Complete Complete Complete Complete ----13.870 16.750 37.260 38.550 ----13.870 16.750 37.260 38.550 63.010 63.900 63.820 67.040 (1.800) (1.600) (2.470) (2.480) 65.020 64.520 63.140 66.430 --------65.020 64.520 63.140 66.430 71.760 66.480 64.040 63.490 ----26.970 27.240 24.350 23.240 --------98.730 93.730 88.380 86.730 --------9.250 8.910 8.890 8.680 ----11.170 16.690 16.190 14.540 20.420 25.600 25.080 23.230 198.050 200.590 213.860 214.940 ------------------------------------130.580 122.960 114.340 112.260 --------26.220 26.340 27.270 27.810 14.980 14.990 15.750 15.790 (9.380) (9.060) (9.310) (8.830) 5.590 5.930 6.440 6.960 11.090 11.750 8.890 8.460 ----11.090 11.750 8.890 8.460 ---------

2008 Q1 2007 Q4 3/31/2008 12/31/2007 Update Update 3/31/2008 12/31/2007 10-Q 10-K 5/8/2008 3/17/2008 Complete Complete --35.140 30.300 --35.140 30.300 59.140 58.030 (2.860) (2.830) 58.520 57.550 ----58.520 57.550 60.080 58.960 --23.680 22.320 ----83.760 81.280 ----9.190 9.250 --10.470 11.300 19.660 20.550 197.080 189.680 ------------------110.830 105.510 ----27.780 27.850 15.780 15.780 (8.420) (8.020) 7.370 7.760 8.970 8.590 --8.970 8.590 -----

Pension Benefits - Overfunded Defered Income Tax - Long Term Asset Discontinued Operations - LT Asset Restricted Cash - Long Term Other Long Term Assets Other Long Term Assets, Total Total Assets Accounts Payable Payable/Accrued Accrued Expenses Notes Payable/Short Term Debt Current Port. of LT Debt/Capital Leases Dividends Payable Customer Advances Security Deposits Income Taxes Payable Other Payables Deferred Income Tax - Current Liability Discontinued Operations - Curr Liability Other Current Liabilities Other Current liabilities, Total Total Current Liabilities Long Term Debt Capital Lease Obligations Total Long Term Debt Total Debt Deferred Income Tax - LT Liability Deferred Income Tax Minority Interest Reserves Pension Benefits - Underfunded Other Long Term Liabilities Discontinued Operations - Liabilities Other Liabilities, Total Total Liabilities Redeemable Preferred Stock Redeemable Convertible Preferred Stock Redeemable Preferred Stock, Total Preferred Stock - Non Redeemable Convertible Preferred Stock - Non Rdmbl Treasury Stock - Preferred General Partner Preferred Stock - Non Redeemable, Net Common Stock Limited Partner Common Stock, Total Additional Paid-In Capital Retained Earnings (Accumulated Deficit) Treasury Stock - Common ESOP Debt Guarantee Unrealized Gain (Loss) Translation Adjustment Other Equity Minimum Pension Liability Adjustment

-13.850 --6.030 19.880 391.400 -43.540 7.450 1.610 7.990 ---1.890 ---4.480 6.370 66.970 --0.000 9.600 0.170 0.170 0 -68.150 --68.150 135.280 --0 -----0.570 -0.570 154.830 139.980 (29.180) ------

-13.130 --6.570 19.700 387.260 -39.650 10.660 1.610 7.900 ---1.090 ---4.640 5.730 65.540 --0.000 9.510 0.240 0.240 --68.200 --68.200 133.990 --------0.570 -0.570 153.770 134.010 (28.620) ------

--3.370 3.190 ----6.030 7.440 9.390 10.640 380.200 381.060 --38.590 39.840 9.730 9.930 1.610 1.600 32.920 65.740 ------1.170 0.980 ------4.820 4.580 5.990 5.550 88.830 122.660 0.000 10.000 --0.000 10.000 34.530 77.340 0.400 1.070 0.400 1.070 ----39.020 40.600 ----39.020 40.600 128.260 174.330 ----------------0.530 0.440 --0.530 0.440 129.340 82.340 135.400 129.070 (28.250) (28.250) -----------

-5.780 --2.590 8.370 360.400 -37.140 8.940 1.570 62.660 ---2.320 ---3.860 6.170 116.480 12.930 -12.930 77.150 0.950 0.950 --41.180 --41.180 171.530 --------0.430 -0.430 79.970 115.810 (28.250) ------

-6.420 --2.330 8.750 348.140 -39.440 10.640 1.500 62.510 ---1.940 ---3.730 5.670 119.760 12.930 -12.930 76.940 1.360 1.360 --41.840 --41.840 175.890 --------0.430 -0.430 77.300 104.940 (27.420) ------

Other Comprehensive Income Other Equity, Total Total Equity Total Liabilities & Shareholders' Equity Shares Outs - Common Stock Primary Issue Shares Outstanding - Common Issue 2 Shares Outstanding - Common Issue 3 Shares Outstanding - Common Issue 4 Total Common Shares Outstanding Treas Shares - Common Stock Prmry Issue Treasury Shares - Common Issue 2 Treasury Shares - Common Issue 3 Treasury Shares - Common Issue 4 Shares Outstanding - Preferred Issue 1 Shares Outstanding - Preferred Issue 2 Shares Outstanding - Preferred Issue 3 Shares Outstanding - Preferred Issue 4 Shares Outstanding - Preferred Issue 5 Shares Outstanding - Preferred Issue 6 Total Preferred Shares Outstanding Treasury Shares - Preferred Issue 1 Treasury Shares - Preferred Issue 2 Treasury Shares - Preferred Issue 3 Treasury Shares - Preferred Issue 4 Treasury Shares - Preferred Issue 5 Treasury Shares - Preferred Issue 6 Full-Time Employees Part-Time Employees Number of Common Shareholders Accumulated Goodwill Amortization Suppl. Accumulated Intangible Amort, Suppl. Deferred Revenue - Current Deferred Revenue - Long Term Total Risk-Weighted Capital Tier 1 Capital % Total Capital % Trading Account Credit Exposure Non-Performing Loans Assets under Management Reported Total Assets Reported Total Liabilities Shareholders' Equity Excl. Stock Subscr. Reported Shareholder's Equity Reported Net Assets Reported Net Assets to Total Assets Reported Return on Assets Reported Return on Equity

(10.080) (10.080) 256.120 391.400 54.210 ---54.210 2.950 --------------------9.380 ------------------

(6.450) (6.450) 253.280 387.260 54.060 ---54.060 2.900 --------------------9.060 ------------------

14.920 23.130 14.920 23.130 251.940 206.730 380.200 381.060 49.710 40.700 ------49.710 40.700 2.880 2.880 ----------------------------------------9.310 8.830 -----------------------------------

20.910 20.910 188.870 360.400 40.450 ---40.450 2.880 --------------------8.420 ------------------

17.010 17.010 172.250 348.140 40.220 ---40.220 2.830 --------------------8.020 ------------------

Cash Flow (Indirect) - Interim - Standardised in Millions of US Dollar [+] Add Item Fiscal Period: Period End Date: Period Length: Update Type: Update Date:

2009 Q1 2008 Q4 3/31/2009 12/31/2008 3 Months 12 Months Update Update 3/31/2009 12/31/2008

2008 Q3 9/30/2008 9 Months Update 9/30/2008

2008 Q2 2008 Q1 2007 Q4 6/30/2008 3/31/2008 12/31/2007 6 Months 3 Months 12 Months Update Reclassified Update 6/30/2008 3/31/2009 12/31/2007

Source 10-Q Source Date: 5/6/2009 Complete Statement: Complete Net Income/Starting Line 5.970 Depreciation 3.780 Depreciation/Depletion 3.780 Amortization of Intangibles -Amortization of Acquisition Costs -Amortization 0 Deferred Taxes (0.860) Accounting Change -Discontinued Operations -Extraordinary Item -Unusual Items -Purchased R&D -Equity in Net Earnings (Loss) (0.440) Other Non-Cash Items 1.900 Non-Cash Items 1.460 Accounts Receivable (1.220) Inventories (6.000) Prepaid Expenses -Other Assets 5.800 Accounts Payable -Accrued Expenses -Payable/Accrued (1.450) Taxes Payable 0.890 Other Liabilities (0.510) Other Assets & Liabilities, Net 0.850 Other Operating Cash Flow -Changes in Working Capital (1.650) Cash from Operating Activities 8.700 Purchase of Fixed Assets (11.130) Purchase/Acquisition of Intangibles -Software Development Costs -Capital Expenditures (11.130) Acquisition of Business 0 Sale of Business -Sale of Fixed Assets -Sale/Maturity of Investment -Investment, Net -Purchase of Investments -Sale of Intangible Assets -Intangible, Net -Other Investing Cash Flow -Other Investing Cash Flow Items, Total -Cash from Investing Activities (11.130) Other Financing Cash Flow 0.490 Financing Cash Flow Items 0.490 Cash Dividends Paid - Common -Cash Dividends Paid - Preferred -Total Cash Dividends Paid -Sale/Issuance of Common 0.430 Repurchase/Retirement of Common (0.570) Common Stock, Net (0.140)

10-K 10-Q 10-Q 3/13/2009 11/10/2008 8/11/2008 Complete Complete Complete 38.360 30.460 24.140 16.670 12.160 8.130 16.670 12.160 8.130 ------0 0 0 3.350 2.580 3.480 ---------(4.350) (4.350) (4.350) ---(0.850) 0.060 0.100 2.900 1.630 2.810 (2.310) (2.660) (1.440) (9.980) (6.690) (7.650) (14.930) (8.080) (3.740) ---(2.070) (10.780) (5.430) ------2.610 0.310 (0.550) -3.100 0.650 (6.220) --0.090 3.500 0.560 ---(30.500) (18.640) (16.170) 25.570 23.900 18.130 (33.010) (20.640) (11.800) ------(33.010) (20.640) (11.800) 0 0 0 ---0.910 0.580 0.330 ---------------0.000 --0.910 0.580 0.330 (32.100) (20.060) (11.470) 2.120 1.500 0.970 2.120 1.500 0.970 ---------5.120 --(1.190) (0.820) (0.820) 3.930 (0.820) (0.820)

10-Q 5/6/2009 Complete 10.370 3.930 3.930 --0 0.920 -----(0.440) 1.340 0.900 0.030 (1.310) -1.320 --(5.520) 2.120 (4.130) 1.200 -(6.310) 9.810 (6.620) --(6.620) 0 ---------(6.620) 0.740 0.740 ---1.100 0.000 1.100

10-K 3/17/2008 Complete 15.290 17.250 17.250 --0 3.200 ---0.000 -(1.980) 6.700 4.730 (1.100) (9.560) -0.290 --5.390 -(7.790) 1.720 -(11.040) 29.410 (11.790) --(11.790) 0.000 -0.510 -----0.000 0.510 (11.280) 0.940 0.940 --0.000 3.090 (0.190) 2.900

Sale/Issuance of Preferred Repurchase/Retirement of Preferred Preferred Stock, Net Sale/Issuance of Common/Preferred Repurch./Retirement of Common/Preferred Options Exercised Warrants Converted Treasury Stock Issuance (Retirement) of Stock, Net Short Term Debt Issued Short Term Debt Reduction Short Term Debt, Net Long Term Debt Issued Long Term Debt Reduction Long Term Debt, Net Total Debt Issued Total Debt Reduction Issuance (Retirement) of Debt, Net Cash from Financing Activities Foreign Exchange Effects Net Change in Cash Net Cash - Beginning Balance Net Cash - Ending Balance Cash Interest Paid Cash Taxes Paid Reported Cash from Operating Activities Reported Cash from Investing Activities Reported Cash from Financing Activities

--------(0.140) ---------0.350 (0.800) (2.880) 16.750 13.870 0.300 0.700 ----

--------3.930 ---0.000 (11.000) (11.000) --(11.000) (4.950) (2.080) (13.550) 30.300 16.750 4.800 15.300 ----

2009 Q1

2008 Q4

16.2% 8.5% 12.8%

20.4% 10.1% 12.3%

19.0% 9.2% 11.1%

18.8% 8.9% 10.5%

$9.6 0.0 -256.1 $265.7

$9.5 0.0 -253.3 $262.8

$34.5 0.0 -251.9 $286.5

$ Revenue / $ Invested Capital

$1.51

$1.52

LTM EBITDA

$65.6

ROE ROA ROIC

Short-term Debt Long-Term Debt Preferred Stock Equity Common Stock Equity Invested Capital

-----5.120 --4.300 ---0.000 0.000 0.000 --0.000 5.800 (2.680) 6.960 30.300 37.260 ------

-----2.540 --1.720 ---0.000 0.000 0.000 --0.000 2.690 (1.110) 8.250 30.300 38.550 2.300 7.600 ----

--------1.100 ---------1.850 (0.210) 4.830 30.300 35.140 2.100 2.700 ----

--------2.900 ---1.500 0.000 1.500 --1.500 5.350 1.190 24.670 5.630 30.300 5.340 1.810 ----

2008 Q3 2008 Q2

2008 Q1

2007 Q4

16.0% 7.4% 8.3%

10.4% 4.8% 8.4%

$67.3 10.0 -206.7 $284.1

$64.2 12.9 -188.9 $266.0

$64.0 12.9 -172.3 $249.2

$1.37

$1.33

$1.35

$1.41

DuPont ROE Analysis Net Income Revenue Profit Margin

$31 401 7.7%

$35 400 8.8%

$31 393 7.8%

$29 378 7.7%

$24 358 6.6%

$15 351 4.4%

Revenue Total Assets Asset Utilization

$401 391 1.0x

$400 387 1.0x

$393 380 1.0x

$378 381 1.0x

$358 360 1.0x

$351 348 1.0x

Return on Assets

7.8%

9.1%

8.1%

7.6%

6.6%

4.4%

391 189 2.1x

387 172 2.2x

380 161 2.4x

381 155 2.5x

360 148 2.4x

348 148 2.4x

16.2%

20.4%

19.0%

18.8%

16.0%

10.4%

Gross Profit SG&A R&D D&A Taxes NOPAT

$134 $65 $4 $17 $15 $34

$133 $64 $4 $17 $18 $31

$128 $65 $3 $16 $17 $26

$121 $64 $3 $17 $13 $24

$113 $63 $3 $17 $11 $19

$109 $62 $3 $17 $8 $19

ST debt LT debt Equity Invested Capital

$10 $0 $256 $266

$10 $0 $253 $263

$35 $0 $252 $286

$67 $10 $207 $284

$64 $13 $189 $266

$64 $13 $172 $249

ROIC

12.8%

12.3%

11.1%

10.5%

8.3%

8.4%

OCF Capex FCF

$24 ($38) ($13)

$26 ($33) ($7)

$36 ($25) $12

$35 ($19) $16

$36 ($16) $19

$29 ($12) $18

$31

$35

$31

$29

$24

$15

(42.6%)

(21.2%)

38.0%

54.7%

81.4%

114.1%

Total Assets Beginning Common Equity Leverage Return on Equity

Net Income FCF Conversion (FCF/NI)

2007 Q3 9/30/2007 3 Months Update 9/30/2007 10-Q 11/9/2007 Complete 84.860 ---84.860 ---84.860 57.640 -57.640 27.220 15.310 --15.310 0.970 4.430 --4.430 ---------0.000 ---0.000 0.000 -----

2007 Q2 6/30/2007 3 Months Update 6/30/2007 10-Q 8/9/2007 Complete 88.430 ---88.430 ---88.430 59.560 -59.560 28.870 15.010 --15.010 0.910 4.330 --4.330 ---------0.000 ---0.000 0.000 -----

2007 Q1 2006 Q4 2006 Q3 2006 Q2 2006 Q1 2005 Q4 2005 Q3 2005 Q2 3/31/2007 12/31/2006 9/30/2006 6/30/2006 3/31/2006 12/31/2005 9/30/2005 6/30/2005 3 Months 3 Months 3 Months 3 Months 3 Months 3 Months 3 Months 3 Months Update Reclassified Reclassified Reclassified Reclassified Restated Restated Restated 3/31/2007 12/31/2007 9/30/2007 6/30/2007 3/31/2007 12/31/2006 9/30/2006 6/30/2006 10-Q 10-K 10-Q 10-Q 10-Q 10-K 10-Q 10-Q/A 6/5/2007 3/17/2008 11/9/2007 8/9/2007 6/5/2007 4/25/2007 12/13/2006 11/28/2006 Complete Complete Complete Complete Complete Complete Complete Complete 83.030 79.350 79.680 80.510 76.580 71.260 68.870 77.660 ------------------------83.030 79.350 79.680 80.510 76.580 71.260 68.870 77.660 ------------------------83.030 79.350 79.680 80.510 76.580 71.260 68.870 77.660 58.420 60.400 58.900 59.960 57.410 55.140 51.290 56.090 --------58.420 60.400 58.900 59.960 57.410 55.140 51.290 56.090 24.610 18.950 20.780 20.550 19.170 16.120 17.580 21.570 14.610 14.510 16.550 16.570 14.370 15.660 14.070 13.990 ----------------14.610 14.510 16.550 16.570 14.370 15.660 14.070 13.990 0.830 0.860 1.150 1.040 1.200 1.190 1.070 1.170 4.260 4.620 4.720 4.790 4.800 4.990 5.100 5.420 ----------------4.260 4.620 4.720 4.790 4.800 4.990 5.100 5.420 ------------------------------------------------------------------------0.000 0.000 0.000 0.000 0.010 (0.010) 0.070 0.110 ---------6.940 ---0.000 0.000 0.000 --------0.000 0.000 (3.170) (4.900) -0.000 1.000 0.000 0.000 6.940 (3.170) (4.900) 0.010 (0.010) 1.070 0.110 ---------------------------------

---78.340 6.520 (1.360) -(1.360) 0.460 -0.460 -(0.910) ----(0.480) (0.480) 5.130 0.400 4.730 -0.310 -5.040 -(0.100) --(0.100) 4.950 ------5.040 4.950 40.360 0.120 0.120 -4.950 50.360 0.100 0.100 0.000 ------

---79.800 8.630 (1.410) -(1.410) 0.400 -0.400 -(1.010) ----(0.410) (0.410) 7.210 3.150 4.060 -0.400 -4.460 -0.000 --0.000 4.460 ------4.460 4.460 40.290 0.110 0.110 -4.460 47.750 0.090 0.090 0.000 ------

---78.120 4.910 (1.450) -(1.450) 0.300 -0.300 -(1.150) ----(0.400) (0.400) 3.360 2.380 0.980 -1.050 -2.030 -0.000 --0.000 2.030 ------2.030 2.030 40.220 0.050 0.050 0.000 2.030 42.660 0.050 0.050 0.000 ------

---87.340 (7.990) (1.350) -(1.350) 0.270 -0.270 -(1.080) ----(0.190) (0.190) (9.260) (1.520) (7.740) -0.080 -(7.670) -(0.700) --(0.700) (8.360) ------(7.670) (8.360) 40.090 (0.190) (0.210) 0.000 (8.360) 40.090 (0.190) (0.210) 0.000 ------

---78.140 1.540 (1.530) -(1.530) 0.230 -0.230 -(1.300) ----(0.660) (0.660) (0.410) 0.110 (0.530) -0.030 -(0.500) -0.040 --0.040 (0.460) ------(0.500) (0.460) 39.880 (0.010) (0.010) 0.000 (0.460) 39.880 (0.010) (0.010) 0.000 ------

---77.470 3.040 (1.520) -(1.520) 0.230 -0.230 -(1.290) ----(0.510) (0.510) 1.240 (0.930) 2.160 -(0.020) -2.140 -0.300 --0.300 2.440 ------2.140 2.440 39.880 0.050 0.060 0.000 2.440 40.080 0.050 0.060 0.000 ------

---77.780 (1.210) (1.570) -(1.570) 0.090 -0.090 -(1.490) ----(0.840) (0.840) (3.540) (0.350) (3.190) -0.200 -(2.990) -1.580 --1.580 (1.410) ------(2.990) (1.410) 39.850 (0.080) (0.040) 0.000 (1.410) 39.850 (0.080) (0.040) 0.000 ------

---76.970 (5.710) (1.310) -(1.310) 0.160 -0.160 -(1.150) ----(0.860) (0.860) (7.720) (3.180) (4.540) 0.000 (1.750) -(6.290) -0.640 --0.640 (5.650) ------(6.290) (5.650) 40.210 (0.160) (0.140) 0.000 (5.650) 40.210 (0.160) (0.140) 0.000 ------

---72.600 (3.730) (1.250) -(1.250) 0.170 -0.170 -(1.080) ----(0.650) (0.650) (5.460) (5.020) (0.430) 0.000 0.400 -(0.040) -(0.320) --(0.320) (0.350) ------(0.040) (0.350) 39.570 0.000 (0.010) 0.000 (0.350) 39.570 0.000 (0.010) 0.030 ------

---76.770 0.890 (1.240) -(1.240) 0.210 -0.210 -(1.030) ----(0.230) (0.230) (0.370) (0.220) (0.160) 0.000 0.350 -0.190 -1.800 --1.800 2.000 ------0.190 2.000 39.480 0.000 0.050 0.000 2.000 40.090 0.000 0.050 0.030 ------

--0.000 --------0.000 5.130 0.000 0.400 4.730 5.040 0.120 0.100 ----0.400 1.360 -3.930 --0.500 ---0.310 -0.970 -------------------

--0.000 --------0.000 7.210 0.000 3.150 4.060 4.460 0.110 0.090 ----0.960 1.410 -3.830 --0.500 ---0.400 -0.910 -------------------

--0.000 --------0.000 3.360 0.000 2.380 0.980 2.030 0.050 0.050 ----0.930 1.450 -3.860 --0.400 ---1.050 -0.830 -------------------

--0.000 --------6.940 (2.320) 2.430 0.910 (3.230) (3.160) (0.080) (0.080) -----0.880 -4.240 --0.400 ---0.080 -0.320 -------------------

--0.000 --------(3.170) (3.590) (1.110) (1.000) (2.590) (2.560) (0.060) (0.060) -----1.530 -4.320 --0.400 ---0.030 -1.150 -------------------

--0.000 --------(4.900) (3.660) (1.710) (2.640) (1.020) (1.050) (0.030) (0.030) -----1.520 -4.390 --0.400 ---(0.020) -1.040 -------------------

--0.000 --------0.010 (3.530) 0.000 (0.340) (3.190) (2.990) (0.070) (0.070) -----1.570 -4.300 --0.500 ---0.200 -1.200 -------------------

--0.000 --------(0.010) (7.730) 0.000 (3.190) (4.550) (6.290) (0.160) (0.160) 0.110 (5.760) (0.150) (0.150) -1.310 -4.790 --0.400 ---(1.750) 0.000 1.190 -------------------

--1.190 --------1.070 (4.390) 0.370 (4.650) 0.260 0.660 0.020 0.020 0.090 (0.450) (0.010) (0.010) -1.250 -4.600 --0.500 ---0.400 0.000 1.070 -------------------

--1.190 --------0.110 (0.270) 0.040 (0.180) (0.090) 0.260 0.010 0.010 0.190 1.810 0.050 0.050 -1.240 -5.420 --0.500 ---0.350 0.000 1.170 -------------------

2007 Q3 9/30/2007 Update 9/30/2007 10-Q 11/9/2007 Complete -19.370 -19.370 58.920 (3.110) 58.160 --58.160 60.380 -17.850 --78.230 --9.900 -10.170 20.070 175.820 ---------103.190 --27.970 15.820 (7.600) 8.210 9.010 -9.010 ---

2007 Q2 6/30/2007 Update 6/30/2007 10-Q 8/9/2007 Complete -16.630 -16.630 62.570 (2.700) 61.540 --61.540 52.540 -18.920 --71.470 --6.970 -10.880 17.850 167.490 ---------102.690 --27.770 15.790 (7.140) 8.650 8.940 -8.940 ---

2007 Q1 2006 Q4 2006 Q3 2006 Q2 2006 Q1 2005 Q4 3/31/2007 12/31/2006 9/30/2006 6/30/2006 3/31/2006 12/31/2005 Update Reclassified Update Update Update Update 3/31/2007 12/31/2007 9/30/2006 6/30/2006 3/31/2006 12/31/2005 10-Q 10-K 10-Q 10-Q/A 10-Q/A 10-K 6/5/2007 3/17/2008 12/13/2006 11/28/2006 11/28/2006 3/30/2006 Complete Complete Complete Complete Complete Complete ------8.900 5.630 5.070 4.480 4.380 5.450 ------8.900 5.630 5.070 4.480 4.380 5.450 61.990 55.220 60.040 58.690 57.560 53.400 (2.200) (1.980) (2.210) (2.120) (2.340) (2.170) 59.790 55.040 57.830 56.570 55.220 51.220 ------------59.790 55.040 57.830 56.570 55.220 51.220 54.310 53.750 55.000 52.810 51.410 51.150 ------19.050 16.590 16.030 16.520 18.050 16.500 ------------73.370 70.340 71.030 69.330 69.460 67.660 ------------7.170 5.760 9.830 10.260 10.200 8.450 ------11.430 11.950 12.380 11.960 15.390 32.830 18.600 17.710 22.200 22.220 25.580 41.280 160.660 148.710 156.130 152.600 154.650 165.600 ------------------------------------------------------103.480 106.100 107.070 108.980 107.960 108.750 ------------27.540 27.500 34.510 34.480 33.880 33.870 16.410 14.740 15.400 15.300 15.190 15.170 (7.330) (6.220) (6.550) (6.040) (5.610) (5.120) 9.090 8.520 8.850 9.260 9.590 10.050 8.330 6.970 6.980 7.130 7.510 7.220 ------8.330 6.970 6.980 7.130 7.510 7.220 -------------

2005 Q3 9/30/2005 Update 9/30/2005 10-Q/A 3/27/2006 Complete -8.180 -8.180 57.330 (2.970) 54.360 --54.360 54.870 -13.880 --68.750 --8.080 -12.230 20.310 151.600 ---------114.310 --34.980 --10.580 9.260 -9.260 ---

2005 Q2 6/30/2005 Update 6/30/2005 10-Q/A 3/27/2006 Complete -7.600 -7.600 73.480 (2.960) 70.510 --70.510 50.570 -13.930 --64.500 --5.980 -14.230 20.210 162.820 ---------118.300 --34.670 --11.090 8.820 -8.820 ---

---5.330 8.310 11.090 ------4.400 3.170 3.330 9.730 11.490 14.430 333.920 327.020 323.520 0.000 0.000 -33.710 33.820 38.660 9.250 9.060 7.840 63.820 63.650 62.960 0 0 0 ---------2.770 2.380 4.880 ---------3.960 3.650 2.720 6.730 6.020 7.600 113.500 112.560 117.060 12.930 12.930 12.930 ---12.930 12.930 12.930 76.740 76.570 75.890 0.000 1.930 1.690 0.000 1.930 1.690 ------46.070 44.300 43.660 ------46.070 44.300 43.660 172.500 171.710 175.340 ------------------------0.430 0.430 0.430 ---0.430 0.430 0.430 73.860 72.700 71.270 101.880 96.590 91.730 (27.390) (27.390) (27.310) ----------------

-20.230 --4.340 24.560 322.360 -36.610 7.970 0.000 0.000 ---8.420 ---2.520 10.940 55.530 74.840 -74.840 74.840 1.680 1.680 --42.450 --42.450 174.490 --------0.430 -0.430 70.350 94.040 (27.240) ------

-18.060 --5.580 23.640 337.170 -36.470 8.800 0.000 0 ---12.320 ---1.180 13.500 58.770 81.690 -81.690 81.690 1.050 1.050 0.000 -40.190 --40.190 181.700 --------0.430 -0.430 71.270 102.400 (27.240) ------

-17.150 --3.660 20.810 333.250 -37.370 9.470 67.110 0 ---12.400 ---1.920 14.310 128.260 2.930 -2.930 70.040 1.190 1.190 --45.150 --45.150 177.520 --------0.430 -0.430 71.060 102.860 (27.240) ------

-15.240 --3.760 19.000 332.590 -38.090 11.150 68.570 0 ---11.510 ---6.100 17.610 135.430 2.930 -2.930 71.500 1.110 1.110 --43.040 --43.040 182.500 --------0.430 -0.430 70.060 100.420 (27.360) ------

-18.680 --3.700 22.380 347.870 -36.160 11.420 0.000 0 ---10.780 ---10.940 21.720 69.300 83.930 -83.930 83.930 1.390 1.390 0.000 -42.700 --42.700 197.310 --------0.430 -0.430 69.910 101.830 (27.130) ------

-14.890 --3.410 18.300 339.030 -25.830 12.140 83.280 0 ---10.640 ---4.510 15.150 136.400 2.930 -2.930 86.200 3.080 3.080 --34.830 --34.830 177.230 --------0.420 -0.420 69.840 107.480 (27.130) ------

-14.110 --3.440 17.550 353.250 -35.070 7.030 0.000 0 ---12.750 ---5.280 18.030 60.120 86.500 -86.500 86.500 4.230 4.230 --40.310 --40.310 191.150 --------0.420 -0.420 69.540 109.030 (27.130) ------

12.650 12.980 12.070 12.650 12.980 12.070 161.420 155.310 148.190 333.920 327.020 323.520 39.880 39.830 39.710 ---------39.880 39.830 39.710 2.850 2.840 2.840 ------------------------------------------------------------7.600 7.140 7.330 ---------------------------------------------------2007 Q3 9/30/2007 9 Months Update 9/30/2007

2007 Q2 6/30/2007 6 Months Update 6/30/2007

10.310 10.310 147.870 322.360 39.730 ---39.730 2.820 --------------------6.220 ------------------

8.620 8.620 155.470 337.170 39.700 ---39.700 2.820 --------------------6.550 ------------------

8.630 8.630 155.730 333.250 39.700 ---39.700 2.820 --------------------6.040 ------------------

6.540 6.540 150.090 332.590 39.680 ---39.680 2.820 --------------------5.610 ------------------

5.530 5.530 150.560 347.870 39.670 ---39.670 2.790 --------------------5.120 ------------------

11.170 11.170 161.790 339.030 39.660 ---39.660 2.790 ---------------------------------------

10.240 10.240 162.100 353.250 39.620 ---39.620 2.790 ---------------------------------------

2007 Q1 2006 Q4 3/31/2007 12/31/2006 3 Months 12 Months Update Update 3/31/2007 12/31/2006

2006 Q3 9/30/2006 9 Months Update 9/30/2006

2006 Q2 2006 Q1 2005 Q4 6/30/2006 3/31/2006 12/31/2005 6 Months 3 Months 12 Months Update Reclassified Update 6/30/2006 3/31/2007 12/31/2005

2005 Q3 9/30/2005 9 Months Update 9/30/2005

2005 Q2 6/30/2005 6 Months Update 6/30/2005

10-Q 10-Q 10-Q 10-K 10-Q 10-Q 11/9/2007 8/9/2007 6/5/2007 4/25/2007 12/13/2006 11/28/2006 Complete Complete Complete Complete Complete Complete 11.440 6.500 2.030 (7.800) 0.560 1.020 13.020 8.590 4.260 18.940 14.310 9.590 13.020 8.590 4.260 18.940 14.310 9.590 ------------0 0 0 0 0 0 5.650 4.430 0.300 (0.970) 0.840 1.500 ------------------(0.270) 0.000 0.000 (7.360) (14.000) (11.620) ------(1.770) (1.460) (1.050) (0.290) (0.210) (0.180) 1.690 0.880 0.520 3.290 2.280 2.220 (0.350) (0.570) (0.530) (4.360) (11.930) (9.580) (1.890) (6.010) (4.530) 3.230 (0.080) (1.990) (6.510) (0.650) (2.820) (1.510) (3.020) (1.230) ------(4.990) (0.760) 0.550 2.800 (1.770) (1.780) ------------(2.570) 0.370 1.900 (6.630) (4.720) (4.370) --0.740 ------(11.400) (10.590) -3.090 0.580 1.520 1.910 1.330 1.730 ------(12.880) (6.470) (2.640) (11.590) (18.860) (7.650) 16.890 12.470 3.420 (5.790) (15.080) (5.110) (7.640) (4.450) (1.970) (12.860) (9.990) (7.300) ---0.000 --------(7.640) (4.450) (1.970) (12.860) (9.990) (7.300) ---0.000 0.000 0.000 ------0.190 0.160 0.150 1.210 0.680 0.420 ------------------------------0.000 0.000 0.000 25.860 25.810 25.810 0.190 0.160 0.150 27.070 26.480 26.220 (7.450) (4.290) (1.820) 14.210 16.500 18.920 0.000 0.000 0.000 0.000 (3.230) -0.000 0.000 0.000 0.000 (3.230) ----------------0.000 0.000 0.000 --0.000 0.460 --(0.160) (0.160) (0.070) (0.110) (0.110) (0.110) (0.160) (0.160) (0.070) 0.360 (0.110) (0.110)

10-Q 6/5/2007 Complete (1.410) 4.800 4.800 --0 1.270 ---(6.080) -(0.200) 1.150 (5.130) (1.800) (2.680) -(1.040) --(1.230) 0.730 -2.370 -(3.660) (4.130) (3.090) --(3.090) --0.050 -----19.120 19.170 16.080 ------0.000 0.000

10-K 3/30/2006 Complete (7.420) 22.060 22.060 --0 (6.280) ---2.480 -0.730 4.300 7.500 4.270 (13.010) -2.790 --5.350 -(4.530) 2.110 -(3.030) 12.840 (16.000) 0.000 -(16.000) (0.860) -1.360 -----0.000 0.500 (15.500) ----(3.560) 3.050 0.000 3.050

10-Q/A 3/27/2006 Complete (1.770) 16.870 16.870 --0 (4.410) ---1.980 -(1.020) 3.580 4.540 6.960 (6.230) -3.310 --(11.220) -(3.710) 1.030 -(9.850) 5.380 (8.170) 0.000 -(8.170) (0.860) -1.120 -----0.000 0.260 (7.900) 0.000 0.000 --(3.560) -0.000 0.000

10-Q/A 3/27/2006 Complete (1.410) 11.510 11.510 --0 (4.850) ---2.030 -(0.620) 2.450 3.850 (11.640) (1.890) -3.350 --0.180 --1.990 -(8.000) 1.100 (5.480) 0.000 -(5.480) (0.860) -0.710 -----0.000 (0.150) (5.630) ----(2.370) -0.000 0.000

-----1.210 --1.060 ---6.230 (4.330) 1.910 --1.910 2.960 1.340 13.740 5.630 19.370 5.100 0.800 ----

-----0.710 --0.550 ---5.930 (4.200) 1.740 --1.740 2.290 0.520 11.000 5.630 16.630 2.700 0.700 ----

-----0.000 --(0.070) ---5.140 (4.100) 1.050 --1.050 0.980 0.690 3.270 5.630 8.900 2.200 0.200 ----

--------0.360 ---156.520 (165.610) (9.090) --(9.090) (8.730) 0.490 0.190 5.450 5.630 4.560 0.670 ----

-----0.460 --0.360 ---150.340 (149.340) 1.000 --1.000 (1.880) 0.090 (0.380) 5.450 5.070 4.160 0.690 ----

-----0.470 --0.360 ---61.040 (74.930) (13.890) --(13.890) (13.530) (1.240) (0.960) 5.450 4.480 3.090 0.480 ----

-----0.030 --0.030 ---32.300 (44.730) (12.430) --(12.430) (12.400) (0.610) (1.060) 5.450 4.380 1.600 0.000 ----

--------3.050 ---108.820 (109.500) (0.680) --(0.680) (1.180) 0.500 (3.330) 8.780 5.450 5.070 0.360 ----

-----2.990 --2.990 ---83.490 (81.890) 1.600 --1.600 1.030 0.890 (0.600) 8.780 8.180 3.770 0.360 ----

-----2.690 --2.690 ---55.700 (53.800) 1.900 --1.900 2.220 1.130 (1.180) 8.780 7.600 2.260 0.240 ----

2007 Q3 2007 Q2 2007 Q1

2006 Q4

2006 Q3

2006 Q2

2006 Q1

2005 Q4

2005 Q3

2005 Q2

2.5% 1.1% 6.1%

(1.1%) (0.5%) 3.0%

(2.7%) (1.2%) 0.1%

(6.0%) (2.6%) (1.3%)

(4.7%) (2.3%) (2.5%)

(4.4%) (2.0%) (1.0%)

(5.6%) (2.6%) (0.2%)

(6.3%) (2.9%) (0.4%)

(3.2%) (1.5%) 0.4%

(2.4%) (1.1%) 0.8%

$63.8 12.9 -161.4 $238.2

$63.7 12.9 -155.3 $231.9

$63.0 12.9 -148.2 $224.1

$0.0 74.8 -147.9 $222.7

$0.0 81.7 -155.5 $237.2

$67.1 2.9 -155.7 $225.8

$68.6 2.9 -150.1 $221.6

$0.0 83.9 -150.6 $234.5

$83.3 2.9 -161.8 $248.0

$0.0 86.5 -162.1 $248.6

$1.41

$1.43

$1.44

$1.42

$1.30

$1.32

$1.33

$1.24

$1.06

$1.12

$4 336 1.1%

($2) 330 (0.5%)

($4) 323 (1.2%)

($9) 316 (2.9%)

($8) 308 (2.5%)

($7) 297 (2.4%)

($9) 294 (3.1%)

($11) 291 (3.6%)

($5) 264 (2.0%)

($4) 278 (1.4%)

$336 334 1.0x

$330 327 1.0x

$323 324 1.0x

$316 322 1.0x

$308 337 0.9x

$297 333 0.9x

$294 333 0.9x

$291 348 0.8x

$264 339 0.8x

$278 353 0.8x

1.2%

(0.5%)

(1.2%)

(2.8%)

(2.3%)

(2.2%)

(2.7%)

(3.0%)

(1.5%)

(1.1%)

334 155 2.1x

327 156 2.1x

324 150 2.2x

322 151 2.1x

337 162 2.1x

333 162 2.1x

333 162 2.1x

348 168 2.1x

339 164 2.1x

353 162 2.2x

2.5%

(1.1%)

(2.7%)

(6.0%)

(4.7%)

(4.4%)

(5.6%)

(6.3%)

(3.2%)

(2.4%)

$100 $59 $4 $18 $4 $15

$93 $61 $4 $18 $4 $7

$85 $62 $4 $18 $0 $0

$79 $62 $4 $19 ($3) ($3)

$77 $63 $5 $20 ($4) ($6)

$73 $61 $5 $20 ($9) ($2)

$74 $58 $5 $21 ($9) ($1)

$76 $60 $5 $22 ($10) ($1)

$76 $55 $4 $23 ($8) $1

$81 $55 $4 $23 ($3) $2

$64 $13 $161 $238

$64 $13 $155 $232

$63 $13 $148 $224

$0 $75 $148 $223

$0 $82 $155 $237

$67 $3 $156 $226

$69 $3 $150 $222

$0 $84 $151 $234

$83 $3 $162 $248

$0 $87 $162 $249

6.1%

3.0%

0.1%

(1.3%)

(2.5%)

(1.0%)

(0.2%)

(0.4%)

0.4%

0.8%

$26 ($11) $16

$12 ($10) $2

$2 ($12) ($10)

($6) ($13) ($19)

($8) ($18) ($25)

$7 ($18) ($11)

$11 ($17) ($6)

$13 ($16) ($3)

$11 ($9) $2

$9 ($11) ($2)

$4

($2)

($4)

($9)

($8)

($7)

($9)

($11)

($5)

($4)

406.0% (106.0%)

249.5%

206.8%

333.0%

155.8%

68.5%

30.0%

(29.8%)

56.9%

2005 Q1 2004 Q4 3/31/2005 12/31/2004 3 Months 3 Months Restated Restated 3/31/2006 12/31/2005 10-Q/A 10-K 11/28/2006 3/30/2006 Complete Complete 73.060 44.510 ------73.060 44.510 ------73.060 44.510 52.820 27.900 --52.820 27.900 20.240 16.610 15.830 11.540 ----15.830 11.540 1.070 0.970 5.530 5.190 ----5.530 5.190 ------------------0.250 0.000 --2.160 0.000 ----2.410 0.000 ---------

2004 Q3 2004 Q2 9/30/2004 6/30/2004 3 Months 3 Months Update Reclassified 9/30/2004 6/30/2005 10-Q 10-Q/A 11/9/2004 3/27/2006 Complete Complete 83.000 97.130 ------83.000 97.130 ------83.000 97.130 60.230 69.380 --60.230 69.380 22.760 27.750 13.310 14.750 ----13.310 14.750 0.930 0.940 5.660 5.850 ----5.660 5.850 ------------------0.000 0.000 --0.000 0.000 ----0.000 0.000 ---------

---77.660 (4.610) (1.090) -(1.090) 0.180 -0.180 -(0.910) ----(0.400) (0.400) (5.920) (1.270) (4.650) 0.000 0.270 -(4.380) -0.970 --0.970 (3.410) ------(4.380) (3.410) 39.200 (0.110) (0.090) 0.000 (3.410) 39.200 (0.110) (0.090) 0.030 ------

---45.610 (1.100) (0.980) -(0.980) 0.170 -0.170 -(0.810) ----(0.660) (0.660) (2.560) (1.390) (1.170) 0.020 0.150 -(1.000) -1.920 --1.920 0.920 ------(1.000) 0.920 39.100 (0.030) 0.020 0.000 0.920 39.100 (0.030) 0.020 0.030 ------

---80.130 2.870 (0.930) -(0.930) 0.160 -0.160 -(0.770) ----(0.900) (0.900) 1.210 (0.100) 1.310 0.030 (0.070) -1.270 -----1.270 ------1.270 1.270 39.050 0.030 0.030 0.000 1.270 39.370 0.030 0.030 0.030 ------

---90.920 6.210 (0.820) -(0.820) 0.160 -0.160 -(0.660) ----(0.900) (0.900) 4.650 0.810 3.840 0.010 0.400 -4.250 -----4.250 ------4.250 4.250 39.040 0.110 0.110 0.000 4.250 39.280 0.110 0.110 0.030 ------

--1.180 --------2.410 (3.510) 0.840 (0.420) (3.090) (2.810) (0.070) (0.070) 0.130 3.540 (0.090) (0.090) -1.090 -5.530 --0.500 ---0.270 0.000 1.070 -------------------

--1.170 --------0.000 (2.560) 0.000 (1.390) (1.170) (1.000) (0.030) (0.030) (0.220) 1.140 0.030 0.020 -0.980 -5.190 -------0.020 0.970 -------------------

--1.170 --------0.000 1.210 0.000 (0.100) 1.310 1.270 0.030 0.030 0.460 0.800 0.020 0.020 -0.930 -5.660 -------0.030 0.930 -------------------

--1.170 --------0.000 4.650 0.000 0.810 3.840 4.250 0.110 0.110 0.410 3.840 0.100 0.100 -0.820 -5.850 -------0.010 0.940 -------------------

2005 Q1 2004 Q4 3/31/2005 12/31/2004 Update Reclassified 3/31/2005 12/31/2005 10-Q/A 10-K 3/27/2006 3/30/2006 Complete Complete --7.740 8.780 --7.740 8.780 64.140 60.460 (3.100) (2.900) 61.040 57.550 ----61.040 57.550 53.160 43.590 --14.400 13.910 ----67.560 57.500 ----6.410 7.940 --18.390 37.520 24.800 45.460 161.130 169.290 ------------------121.940 120.330 ----34.950 34.070 ----11.710 12.180 8.200 8.140 --8.200 8.140 -----

2004 Q3 9/30/2004 Update 9/30/2004 10-Q 11/9/2004 Complete -4.950 -4.950 64.710 (4.610) 60.100 --60.100 -----60.040 --10.170 -17.480 27.650 152.740 ---------131.080 --36.750 --12.780 8.020 -8.020 ---

2004 Q2 6/30/2004 Update 6/30/2004 10-Q 8/4/2004 Complete -8.910 -8.910 70.450 (3.950) 66.500 --66.500 -----58.360 --9.060 -14.860 23.910 157.670 ---------131.530 --36.310 --13.370 8.230 -8.230 ---

-15.520 --3.400 18.920 356.850 -34.560 8.610 0.000 0 ---12.700 ---4.860 17.560 60.730 87.700 -87.700 87.700 5.780 5.780 0.000 -40.640 --40.640 194.840 --------0.420 -0.420 67.200 108.220 (27.130) ------

-16.410 --3.490 19.890 363.900 -35.450 7.380 0.000 0 ---12.740 ---8.880 21.610 64.440 84.600 -84.600 84.600 8.240 8.240 --38.750 --38.750 196.030 --------0.420 -0.420 65.520 112.800 (27.130) ------

-8.430 --3.700 12.130 353.500 -36.270 9.200 0.600 0 ---9.480 ---2.320 11.800 57.870 84.900 -84.900 85.500 11.480 11.480 0.350 -35.100 --35.100 189.700 --------0.420 -0.420 64.960 113.060 (27.130) ------

-9.980 --2.340 12.320 359.430 -40.460 9.970 0.600 0 ---9.310 ---3.210 12.520 63.560 86.000 -86.000 86.600 10.900 10.900 0.340 -36.310 --36.310 197.100 --------0.420 -0.420 64.860 112.960 (27.130) ------

13.300 13.300 162.010 356.850 39.480 ---39.480 2.790 ---------------------------------------

16.250 16.250 167.870 363.900 39.170 ---39.170 2.790 ---------------------------------------

12.500 12.500 163.800 353.500 39.070 ---39.070 2.790 ---------------------------------------

11.220 11.220 162.330 359.430 39.030 ---39.030 2.790 ---------------------------------------

2005 Q1 2004 Q4 2004 Q3 2004 Q2 3/31/2005 12/31/2004 9/30/2004 6/30/2004 3 Months 12 Months 9 Months 6 Months Update Reclassified Reclassified Reclassified 3/31/2005 12/31/2005 9/30/2005 6/30/2005

10-Q/A 3/27/2006 Complete (3.410) 5.820 5.820 --0 (3.230) ---2.160 -(0.270) 1.600 3.490 (0.400) (3.780) -(1.040) --(0.850) --1.010 -(5.060) (2.390) (1.740) 0.000 -(1.740) (0.530) -0.400 -----0.000 (0.130) (1.870) ----(1.180) ----

10-K 3/30/2006 Complete 5.890 23.130 23.130 --0 (2.370) ---(0.340) -(1.000) 4.580 3.240 (3.470) (2.080) -1.410 --(2.610) -(4.910) 1.840 -(9.810) 20.070 (12.410) (0.690) -(13.100) (35.250) -1.530 -----0.000 (33.720) (46.820) ----(4.690) 0.860 0.000 0.860

10-Q/A 3/27/2006 Complete 4.970 16.810 16.810 --0 (5.470) ---(0.470) -(0.850) 2.970 1.650 (3.440) 2.250 -(2.620) --4.400 -(4.280) 0.450 -(3.230) 14.730 (11.440) (0.670) -(12.110) (35.420) -0.440 ------(34.990) (47.090) ----(3.510) ----

10-Q/A 3/27/2006 Complete 3.700 11.160 11.160 --0 (6.130) ---(0.300) -(0.920) 1.820 0.610 (10.190) 3.620 -1.140 --8.940 --(0.370) -3.150 12.480 (6.990) (0.670) -(7.660) (35.370) -0.110 ------(35.260) (42.920) ----(2.340) ----

-----1.680 --1.680 ---23.500 (20.400) 3.100 --3.100 3.600 (0.380) (1.040) 8.780 7.740 1.280 0.040 ----

--------0.860 ---171.900 (141.560) 30.340 --30.340 26.510 0.070 (0.170) 8.950 8.780 3.350 1.460 ----

-----0.290 --0.290 ---142.700 (111.460) 31.240 --31.240 28.020 0.340 (4.010) 8.950 4.950 2.390 1.420 ----

-----0.190 --0.190 ---119.200 (86.860) 32.340 --32.340 30.190 0.200 (0.050) 8.950 8.910 1.480 1.230 ----

2005 Q1

2004 Q4

2004 Q3

2004 Q2

$0.0 87.7 -162.0 $249.7

$0.0 84.6 -167.9 $252.5

$0.6 84.9 -163.8 $249.3

$0.6 86.0 -162.3 $248.9

$0 $88 $162 $250

$0 $85 $168 $252

$1 $85 $164 $249

$1 $86 $162 $249

All Financial Reports

Danaher Corp Income Statement - Annual Standardised in Millions of US Dollar Fiscal Period: Period End Date: Period Length: Update Type: Update Date: Source Source Date: Complete Statement: Auditor Code: Net Sales Gross Revenue Sales Returns and Allowances Excise Tax Receipts Revenue Interest Income, Non-Bank Other Revenue Other Revenue, Total Total Revenue Cost of Revenue Excise Taxes Payments Cost of Revenue, Total Gross Profit Selling/General/Administrative Expense Labor & Related Expense Advertising Expense Selling/General/Admin. Expenses, Total Research & Development Depreciation Amortization of Intangibles Amortization of Acquisition Costs Depreciation/Amortization Interest Expense - Operating Interest Capitalized - Operating Interest Expense, Net - Operating Interest Income - Operating Investment Income - Operating Interest/Investment Income - Operating Interest Expense(Income) - Net Operating Interest Exp.(Inc.),Net-Operating, Total Purchased R&D Written-Off Restructuring Charge Litigation Impairment-Assets Held for Use Impairment-Assets Held for Sale Other Unusual Expense (Income) Unusual Expense (Income) Foreign Currency Adjustment Unrealized Losses (Gains) Minimum Pension Liability Adjustment

2008 2007 12/31/2008 12/31/2007 12 Months 12 Months Update Update 12/31/2008 12/31/2007 10-K 10-K 2/25/2009 2/21/2008 Complete Complete EY EY 12,697.460 11,025.920 ------12,697.460 11,025.920 ------12,697.460 11,025.920 6,757.260 5,985.020 --6,757.260 5,985.020 5,940.190 5,040.900 3,345.270 2,713.100 ----3,345.270 2,713.100 725.440 601.420 --------------------0.000 (14.340) 0.000 (14.340) ---------------------

2006 12/31/2006 12 Months Restated 12/31/2007 10-K 2/21/2008 Complete EY 9,466.060 ---9,466.060 ---9,466.060 5,269.000 -5,269.000 4,197.060 2,273.230 --2,273.230 440.000 ----------(16.380) (16.380) -----------

2005 12/31/2005 12 Months Restated 12/31/2007 10-K 2/21/2008 Complete EY 7,871.500 ---7,871.500 ---7,871.500 4,467.300 -4,467.300 3,404.200 1,777.720 --1,777.720 374.310 ----------4.600 4.600 -----------

2004 12/31/2004 12 Months Update 12/31/2004 10-K 3/7/2005 Complete EY 6,889.300 ---6,889.300 ---6,889.300 3,996.640 -3,996.640 2,892.670 1,795.670 --1,795.670 0 -------------0.000 ---0.000 (8.140) ----

Loss(Gain) on Sale of Assets - Operating Other Operating Expense Other, Net Other Operating Expenses, Total Total Operating Expense Operating Income Interest Expense - Non-Operating Interest Capitalized - Non-Operating Interest Expense, Net Non-Operating Interest Income - Non-Operating Investment Income - Non-Operating Interest/Invest Income - Non-Operating Interest Income(Exp), Net Non-Operating Interest Inc.(Exp.),Net-Non-Op., Total Gain (Loss) on Sale of Assets Foreign Currency Adjustment Unrealized Gains (Losses) Minimum Pension Liability Adjustment Other Non-Operating Income (Expense) Other, Net Net Income Before Taxes Provision for Income Taxes Net Income After Taxes Minority Interest Equity In Affiliates U.S. GAAP Adjustment Net Income Before Extra. Items Accounting Change Discontinued Operations Extraordinary Item Tax on Extraordinary Items Total Extraordinary Items Net Income Preferred Dividends General Partners' Distributions Miscellaneous Earnings Adjustment Pro Forma Adjustment Interest Adjustment - Primary EPS Total Adjustments to Net Income Income Available to Com Excl ExtraOrd Income Available to Com Incl ExtraOrd Basic Weighted Average Shares Basic EPS Excluding Extraordinary Items Basic EPS Including Extraordinary Items Dilution Adjustment Diluted Net Income Diluted Weighted Average Shares Diluted EPS Excluding ExtraOrd Items Diluted EPS Including ExtraOrd Items DPS - Common Stock Primary Issue Dividends per Share - Com Stock Issue 2 Dividends per Share - Com Stock Issue 3 Dividends per Share - Com Stock Issue 4 Special DPS - Common Stock Primary Issue

----10,827.980 1,869.480 (130.170) -(130.170) 10.000 -10.000 -(120.170) ------1,749.310 431.680 1,317.630 ---1,317.630 -0.000 --0.000 1,317.630 ------1,317.630 1,317.630 319.360 4.130 4.130 10.370 1,328.000 335.860 3.950 3.950 0.120 -----

----9,285.210 1,740.710 (109.700) -(109.700) 6.090 -6.090 -(103.610) ------1,637.100 423.100 1,214.000 ---1,214.000 -155.910 --155.910 1,369.900 ------1,214.000 1,369.900 311.230 3.900 4.400 10.030 1,379.940 329.460 3.720 4.190 0.110 -----

--(8.140) ---------7,965.850 6,623.920 5,784.170 1,500.210 1,247.580 1,105.130 (79.380) (44.540) (54.980) ---(79.380) (44.540) (54.980) 8.010 14.710 7.570 ---8.010 14.710 7.570 ---(71.370) (29.830) (47.420) ------------------1,428.840 1,217.740 1,057.720 319.640 332.130 311.720 1,109.210 885.610 746.000 ---------1,109.210 885.610 746.000 ---12.820 12.190 -------12.820 12.190 -1,122.030 897.800 746.000 ------------------1,109.210 885.610 746.000 1,122.030 897.800 746.000 307.980 308.910 308.960 3.600 2.870 2.410 3.640 2.910 2.410 9.340 8.800 8.600 1,131.370 906.600 754.600 325.250 327.980 327.700 3.440 2.730 2.300 3.480 2.760 2.300 0.080 0.070 0.060 -------------

Special DPS - Common Stock Issue 2 Special DPS - Common Stock Issue 3 Special DPS - Common Stock Issue 4 Gross Dividends - Common Stock (Gain) Loss on Sale of Assets, Suppl. Impairment-Assets Held for Sale, Suppl. Impairment-Assets Held for Use, Suppl. Litigation Charge, Supplemental Purchased R&D Written-Off, Supplemental Restructuring Charge, Supplemental Other Unusual Expense(Income), Suppl. Non-Recurring Items, Supplemental, Total Total Special Items Normalized Income Before Taxes Effect of Special Items on Income Taxes Inc Tax Ex Impact of Sp Items Normalized Income After Taxes Normalized Inc. Avail to Com. Basic Normalized EPS Diluted Normalized EPS Pro Forma Stock Compensation Expense Net Income after Stock Based Comp. Exp. Basic EPS after Stock Based Comp. Exp. Diluted EPS after Stock Based Comp. Exp. Stock-Based Compensation, Supplemental Interest Expense, Supplemental Interest Capitalized, Supplemental Depreciation, Supplemental Funds From Operations - REIT Amort of Acquisition Costs, Supplemental Amort of Intangibles, Supplemental Rental Expense, Supplemental EPS, Supplemental Advertising Expense, Supplemental Equity in Affiliates, Supplemental Minority Interest, Supplemental Research & Development Exp, Supplemental Audit Fees Audit-Related Fees Tax Fees All Other Fees Reported Recurring Revenue Reported Net Premiums Written Reported Total Revenue Reported Operating Revenue Reported Total Cost of Revenue Reported Total Sales, General & Admin. Reported Gross Profit Reported Operating Profit Reported Operating Profit Margin Reported Ordinary Profit Reported Net Income After Tax Reported Basic EPS Reported Diluted EPS

---38.260 ---------1,749.310 -431.680 1,317.630 1,317.630 4.130 3.950 ----86.000 130.170 -194.000 --145.290 110.000 ----725.440 10.240 1.380 2.220 0.000 -------1,869.480 ------

---34.280 ---------1,637.100 -423.100 1,214.000 1,214.000 3.900 3.720 ----73.350 109.700 -173.940 --94.550 103.000 ----601.420 9.100 0.390 3.150 0.000 -------1,740.710 ------

------24.590 21.550 ------------------1,428.840 1,217.740 --319.640 332.130 1,109.210 885.610 1,109.210 885.610 3.600 2.870 3.440 2.730 -29.500 -868.300 -2.810 -2.670 67.190 -79.380 44.540 --151.520 139.240 ----64.170 36.000 84.000 68.000 --------440.000 374.310 7.870 -0.210 -2.200 -0.000 ---------------1,500.210 1,247.580 -----------

---17.730 --------(8.140) 1,049.580 (2.400) 309.320 740.260 740.260 2.400 2.290 26.640 717.510 2.320 2.220 -54.980 -129.490 --26.640 62.000 ----294.000 6.790 2.190 2.750 0.000 --------------

Reported Net Business Profits

--

--

--

--

--

2008 12/31/2008 Update 12/31/2008 10-K 2/25/2009 Complete EY -392.850 -392.850 2,015.320 (120.730) 1,894.590 --1,894.590 544.000 211.350 386.960 --1,142.310 757.370 -----4,187.120 691.770 106.470 1,793.620 ----2,591.860 (1,483.200) 1,108.650 --9,210.580 2,910.260 (390.830) 2,519.420 ----

2007 12/31/2007 Update 12/31/2007 10-K 2/21/2008 Complete EY -239.110 -239.110 2,093.170 (108.780) 1,984.380 --1,984.380 547.740 195.330 450.540 --1,193.620 632.660 -----4,049.770 679.580 105.100 1,726.430 ----2,511.100 (1,402.460) 1,108.630 --9,241.010 2,834.760 (269.780) 2,564.970 ----

2006 12/31/2006 Reclassified 12/31/2007 10-K 2/21/2008 Complete EY -317.810 -317.810 1,757.090 (102.370) 1,654.730 --1,654.730 429.740 182.810 376.160 --988.710 475.500 -----3,436.740 546.470 73.800 1,515.720 ----2,135.990 (1,267.370) 868.620 --6,560.240 1,864.590 (166.270) 1,698.320 ----

2005 12/31/2005 Reclassified 12/31/2006 10-K 3/1/2007 Complete PWCL -315.550 -315.550 1,498.970 (91.120) 1,407.860 --1,407.860 314.770 178.630 331.860 --825.260 396.350 -----2,945.020 474.360 66.670 1,337.920 ----1,878.950 (1,130.780) 748.170 --4,474.990 --834.150 ----

2004 12/31/2004 Update 12/31/2004 10-K 3/7/2005 Complete EY -609.120 -609.120 1,309.490 (78.420) 1,231.070 --1,231.070 281.330 138.260 284.410 --704.000 374.510 -----2,918.690 451.680 55.710 1,260.610 ----1,768.000 (1,015.040) 752.970 --3,970.270 --760.260 ----

Balance Sheet (Differentiates) Annual - Standardised in Millions of US Dollar Fiscal Period: Period End Date: Update Type: Update Date: Source Source Date: Complete Statement: Auditor Code: Cash Cash & Equivalents Short Term Investments Cash and Short Term Investments Accounts Receivable - Trade, Gross Provision for Doubtful Accounts Accounts Receivable - Trade, Net Notes Receivable - Short Term Receivables - Other Total Receivables, Net Inventories - Finished Goods Inventories - Work In Progress Inventories - Raw Materials Inventories - Other LIFO Reserve Total Inventory Prepaid Expenses Restricted Cash - Current Deferred Income Tax - Current Asset Discountinued Operations - Current Asset Other Current Assets Other Current Assets, Total Total Current Assets Buildings - Gross Land/Improvements - Gross Machinery/Equipment - Gross Construction in Progress - Gross Leases - Gross Natural Resources - Gross Other Property/Plant/Equipment - Gross Property/Plant/Equipment, Total - Gross Accumulated Depreciation, Total Property/Plant/Equipment, Total - Net Goodwill - Gross Accumulated Goodwill Amortization Goodwill, Net Intangibles - Gross Accumulated Intangible Amortization Intangibles, Net LT Investment - Affiliate Companies LT Investments - Other Long Term Investments

Note Receivable - Long Term Deferred Charges Pension Benefits - Overfunded Defered Income Tax - Long Term Asset Discontinued Operations - LT Asset Restricted Cash - Long Term Other Long Term Assets Other Long Term Assets, Total Total Assets Accounts Payable Payable/Accrued Accrued Expenses Notes Payable/Short Term Debt Current Port. of LT Debt/Capital Leases Dividends Payable Customer Advances Security Deposits Income Taxes Payable Other Payables Deferred Income Tax - Current Liability Discontinued Operations - Curr Liability Other Current Liabilities Other Current liabilities, Total Total Current Liabilities Long Term Debt Capital Lease Obligations Total Long Term Debt Total Debt Deferred Income Tax - LT Liability Deferred Income Tax Minority Interest Reserves Pension Benefits - Underfunded Other Long Term Liabilities Discontinued Operations - Liabilities Other Liabilities, Total Total Liabilities Redeemable Preferred Stock Redeemable Convertible Preferred Stock Redeemable Preferred Stock, Total Preferred Stock - Non Redeemable Convertible Preferred Stock - Non Rdmbl Treasury Stock - Preferred General Partner Preferred Stock - Non Redeemable, Net Common Stock Limited Partner Common Stock, Total Additional Paid-In Capital Retained Earnings (Accumulated Deficit) Treasury Stock - Common ESOP Debt Guarantee Unrealized Gain (Loss) Translation Adjustment

------------------------464.350 507.550 300.230 160.780 464.350 507.550 300.230 160.780 17,490.130 17,471.940 12,864.150 9,163.110 1,108.960 1,125.600 932.870 782.850 ----1,397.000 1,266.420 1,515.990 1,301.780 0.000 0.000 0.000 0.000 66.160 330.480 10.860 183.950 ----------------------------172.980 177.350 --172.980 177.350 --2,745.100 2,899.850 2,459.710 2,268.590 2,553.170 3,395.760 2,422.860 857.770 ----2,553.170 3,395.760 2,422.860 857.770 2,619.330 3,726.240 2,433.720 1,041.720 --------------------2,383.300 2,090.630 1,336.920 956.400 ----2,383.300 2,090.630 1,336.920 956.400 7,681.570 8,386.250 6,219.490 4,082.760 --------------------------------3.540 3.530 3.410 3.390 ----3.540 3.530 3.410 3.390 1,812.960 1,718.720 1,027.450 861.880 8,095.160 6,820.760 5,421.810 4,324.370 -----------------

------91.710 91.710 8,493.890 612.070 -1,165.460 0.000 424.760 ---------2,202.290 925.540 -925.540 1,350.300 -----746.390 -746.390 3,874.210 --------3.370 -3.370 1,052.150 3,448.120 ---116.040

Other Equity Minimum Pension Liability Adjustment Other Comprehensive Income Other Equity, Total Total Equity Total Liabilities & Shareholders' Equity Shares Outs - Common Stock Primary Issue Shares Outstanding - Common Issue 2 Shares Outstanding - Common Issue 3 Shares Outstanding - Common Issue 4 Total Common Shares Outstanding Treas Shares - Common Stock Prmry Issue Treasury Shares - Common Issue 2 Treasury Shares - Common Issue 3 Treasury Shares - Common Issue 4 Shares Outstanding - Preferred Issue 1 Shares Outstanding - Preferred Issue 2 Shares Outstanding - Preferred Issue 3 Shares Outstanding - Preferred Issue 4 Shares Outstanding - Preferred Issue 5 Shares Outstanding - Preferred Issue 6 Total Preferred Shares Outstanding Treasury Shares - Preferred Issue 1 Treasury Shares - Preferred Issue 2 Treasury Shares - Preferred Issue 3 Treasury Shares - Preferred Issue 4 Treasury Shares - Preferred Issue 5 Treasury Shares - Preferred Issue 6 Full-Time Employees Part-Time Employees Number of Common Shareholders Accumulated Goodwill Amortization Suppl. Accumulated Intangible Amort, Suppl. Deferred Revenue - Current Deferred Revenue - Long Term Total Risk-Weighted Capital Tier 1 Capital % Total Capital % Trading Account Credit Exposure Non-Performing Loans Assets under Management Reported Total Assets Reported Total Liabilities Shareholders' Equity Excl. Stock Subscr. Reported Shareholder's Equity Reported Net Assets Reported Net Assets to Total Assets Reported Return on Assets Reported Return on Equity

----------(103.100) 542.690 191.990 (109.280) -(103.100) 542.690 191.990 (109.280) 116.040 9,808.560 9,085.690 6,644.660 5,080.350 4,619.680 17,490.130 17,471.940 12,864.150 9,163.110 8,493.890 318.380 317.980 308.240 305.570 308.920 ---------------318.380 317.980 308.240 305.570 308.920 36.110 34.620 32.980 32.980 28.030 --------------------------------------------------------------------------------50,300.000 50,000.000 45,000.000 40,000.000 35,000.000 -----3,059.000 3,193.000 3,300.000 3,400.000 2,600.000 -----390.830 269.780 166.270 ----------------------------------------------------------------------------------------

Cash Flow (Indirect) - Annual - Standardised in Millions of US Dollar [+] Add Item Fiscal Period: Period End Date: Period Length:

2008 12/31/2008 12 Months

2007 12/31/2007 12 Months

2006 2005 12/31/2006 12/31/2005 12 Months 12 Months

2004 12/31/2004 12 Months

Update Type: Update Date: Source Source Date: Complete Statement: Auditor Code: Net Income/Starting Line Depreciation Depreciation/Depletion Amortization of Intangibles Amortization of Acquisition Costs Amortization Deferred Taxes Accounting Change Discontinued Operations Extraordinary Item Unusual Items Purchased R&D Equity in Net Earnings (Loss) Other Non-Cash Items Non-Cash Items Accounts Receivable Inventories Prepaid Expenses Other Assets Accounts Payable Accrued Expenses Payable/Accrued Taxes Payable Other Liabilities Other Assets & Liabilities, Net Other Operating Cash Flow Changes in Working Capital Cash from Operating Activities Purchase of Fixed Assets Purchase/Acquisition of Intangibles Software Development Costs Capital Expenditures Acquisition of Business Sale of Business Sale of Fixed Assets Sale/Maturity of Investment Investment, Net Purchase of Investments Sale of Intangible Assets Intangible, Net Other Investing Cash Flow Other Investing Cash Flow Items, Total Cash from Investing Activities Other Financing Cash Flow Financing Cash Flow Items Cash Dividends Paid - Common Cash Dividends Paid - Preferred Total Cash Dividends Paid

Update Update Reclassified Reclassified Reclassified 12/31/2008 12/31/2007 12/31/2007 12/31/2007 12/31/2006 10-K 10-K 10-K 10-K 10-K 2/25/2009 2/21/2008 2/21/2008 2/21/2008 3/1/2007 Complete Complete Complete Complete Complete EY EY EY EY EY 1,317.630 1,369.900 1,122.030 897.800 746.000 194.000 173.940 151.520 139.240 129.490 194.000 173.940 151.520 139.240 129.490 145.290 94.550 64.170 36.000 26.640 -----145.290 94.550 64.170 36.000 26.640 27.690 29.870 24.150 102.910 176.060 -----0.000 (209.440) 3.700 2.340 ---------------------86.000 73.350 67.190 7.500 8.100 86.000 (136.090) 70.890 9.850 8.100 71.400 (72.560) (48.260) (66.530) (110.010) 33.120 38.090 3.680 (20.610) 65.530 (4.770) 38.600 (14.960) (38.260) (25.360) -----3.710 103.800 75.930 136.320 65.320 (15.040) 5.660 98.090 7.090 (48.540) -------------------------88.420 113.600 114.480 18.000 (53.070) 1,859.030 1,645.780 1,547.250 1,203.800 1,033.220 (193.780) (162.070) (136.410) (119.730) (115.910) ----------(193.780) (162.070) (136.410) (119.730) (115.910) (423.210) (3,599.780) (2,740.140) (885.080) (1,591.720) 0.000 301.280 98.490 22.100 43.100 1.090 15.540 9.990 18.780 30.890 -------------------------48.500 (0.720) (1.300) (1.470) -(373.620) (3,283.690) (2,632.960) (845.670) (1,517.730) (567.400) (3,445.760) (2,769.370) (965.410) (1,633.630) ----------(38.260) (34.280) (24.590) (21.550) (17.730) -----(38.260) (34.280) (24.590) (21.550) (17.730)

Sale/Issuance of Common Repurchase/Retirement of Common Common Stock, Net Sale/Issuance of Preferred Repurchase/Retirement of Preferred Preferred Stock, Net Sale/Issuance of Common/Preferred Repurch./Retirement of Common/Preferred Options Exercised Warrants Converted Treasury Stock Issuance (Retirement) of Stock, Net Short Term Debt Issued Short Term Debt Reduction Short Term Debt, Net Long Term Debt Issued Long Term Debt Reduction Long Term Debt, Net Total Debt Issued Total Debt Reduction Issuance (Retirement) of Debt, Net Cash from Financing Activities Foreign Exchange Effects Net Change in Cash Net Cash - Beginning Balance Net Cash - Ending Balance Cash Interest Paid Cash Taxes Paid Reported Cash from Operating Activities Reported Cash from Investing Activities Reported Cash from Financing Activities

ROE ROA ROIC

Short-term Debt Long-Term Debt Preferred Stock Equity Common Stock Equity Invested Capital $ Revenue / $ Invested Capital

82.430 (74.170) 8.270 --------8.270 ---72.650 (259.340) (1,092.260) --(1,092.260) (1,122.250) (15.630) 153.750 239.110 392.850 72.000 390.000 ----

733.030 (117.490) 615.540 --------615.540 ---493.710 (10.560) 1,130.900 --1,130.900 1,712.170 9.110 (78.700) 317.810 239.110 95.000 335.000 ----

98.420 0.000 98.420 --------98.420 ---757.490 (459.370) 1,145.020 --1,145.020 1,218.840 5.540 2.260 315.550 317.810 48.000 204.000 ----

59.930 (257.700) (197.770) --------(197.770) 0.000 -0.000 355.750 (647.990) (292.240) --(292.240) (511.560) (20.400) (293.560) 609.120 315.550 43.000 168.000 ----

45.960 0.000 45.960 --------45.960 0.000 -0.000 130.000 (196.280) (66.280) --(66.280) (38.060) 17.430 (621.040) 1,230.160 609.120 46.200 126.900 ----

2008

2007

2006

2005

2004

14.5% 7.5% 8.6%

18.3% 9.4% 11.4%

21.8% 12.1% 15.5%

19.2% 10.4% 12.5%

20.5% 10.8% 12.7%

$66.2 2,553.2 -9,808.6 $12,427.9

$330.5 3,395.8 -9,085.7 $12,811.9

$10.9 2,422.9 -6,644.7 $9,078.4

$184.0 857.8 -5,080.4 $6,122.1

$424.8 925.5 -4,619.7 $5,970.0

$1.02

$0.86

$1.04

$1.29

$1.15

$1,318 12,697 10.4%

$1,214 11,026 11.0%

$1,109 9,466 11.7%

$886 7,872 11.3%

$746 6,889 10.8%

$12,697 17,490

$11,026 17,472

$9,466 12,864

$7,872 9,163

$6,889 8,494

DuPont ROE Analysis Net Income Revenue Profit Margin Revenue Total Assets

Asset Utilization

0.7x

0.6x

0.7x

0.9x

0.8x

7.5%

6.9%

8.6%

9.7%

8.8%

17,490 9,086 1.9x

17,472 6,645 2.6x

12,864 5,080 2.5x

9,163 4,620 2.0x

8,494 3,647 2.3x

14.5% 18.2% 18.8% 18.5%

18.3%

21.8%

19.2%

20.5%

$5,940 $3,345 $725 $339 $432 $1,099

$5,041 $2,713 $601 $268 $423 $1,035

$4,197 $2,273 $440 $216 $320 $949

$3,404 $1,778 $374 $175 $332 $745

$2,893 $1,796 $0 $156 $312 $629

ST debt LT debt Equity Invested Capital

$66 $2,553 $9,809 $12,428

$330 $3,396 $9,086 $12,812

$11 $2,423 $6,645 $9,078

$184 $858 $5,080 $6,122

$425 $926 $4,620 $5,970

ROIC 3-year average 5-year average 10-year average

8.6% 11.8% 12.1% 10.7%

11.4%

15.5%

12.5%

12.7%

OCF Capex FCF

$1,859 ($194) $1,665

$1,646 ($162) $1,484

$1,547 ($136) $1,411

$1,204 ($120) $1,084

$1,033 ($116) $917

Net Income

$1,318

$1,214

$1,109

$886

$746

FCF Conversion (FCF/NI) 3-year average 5-year average 10-year average

126.4% 125.3% 124.2% 134.3%

122.2%

127.2%

122.4%

Return on Assets Total Assets Beginning Common Equity Leverage Return on Equity 3-year average 5-year average 10-year average Gross Profit SG&A R&D D&A Taxes NOPAT

Assumptions Growth Rate Net Operating Profit Margin Tax Rate Dep % of Revs. Investment Rate % of Revs. Working Cap. % of Revs 10 year average OCF Std. dev of 10 year OCF Beta

2008 15.2% 12.1% 24.7% 2.7% 1.5% 15.2% $1,040 $507 0.49

3-year 17.3% 12.9% 24.3% 2.5% 1.5% 17.3%

Average 5-year 10- year 19.3% 15.6% 13.2% 12.3% 25.9% 31.1% 2.4% 3.0% 1.5% 1.8% 17.9% 19.1%

123.0%

2008

2007

2006

2005

2004

$12,697 15.2%

$11,026 16.5%

$9,466 20.3%

$7,872 14.3%

$6,889 30.1%

$1,318 $38 $1,279 97.1%

$1,214 $34 $1,180 97.2%

$1,109 $25 $1,085 97.8%

$886 $22 $864 97.6%

$746 $18 $728 97.6%

ROE

14.5%

18.3%

21.8%

19.2%

20.5%

Growth (b*ROE)

14.1%

17.8%

21.3%

18.7%

20.0%

$1,530 12.1%

$1,458 13.2%

$1,268 13.4%

$1,077 13.7%

$941 13.7%

$432 24.7%

$423 25.8%

$320 22.4%

$332 27.3%

$312 29.5%

Depreciation % of Revenues

$339 2.7%

$268 2.4%

$216 2.3%

$175 2.2%

$156 2.3%

Capex % of Revenues

($194) 1.5%

($162) 1.5%

($136) 1.4%

($120) 1.5%

($116) 1.7%

$1,895 1,142 1,109 $1,928 15.2%

$1,984 1,194 1,126 $2,052 18.6%

$1,655 989 933 $1,711 18.1%

$1,408 825 783 $1,450 18.4%

$1,231 704 612 $1,323 19.2%

Revenue growth Net Income Dividends Retained Earning Retention Rate

Clean Operating Income % of Revenues Taxes % of Pre-tax income

Accounts Receivable Inventories Payables Working Capital % of Revenues

2003 12/31/2003 12 Months Update 12/31/2003 10-K 3/10/2004 Complete EY 5,293.880 ---5,293.880 ---5,293.880 3,154.810 -3,154.810 2,139.070 1,316.360 --1,316.360 0 -------------0.000 ---(22.500) (23.290) ----

2002 12/31/2002 12 Months Update 12/31/2002 10-K 3/28/2003 Complete EY 4,577.230 ---4,577.230 ---4,577.230 2,791.180 -2,791.180 1,786.060 1,097.370 --1,097.370 0 -------------(6.270) ---0.000 (12.430) ----

2001 12/31/2001 12 Months Update 12/31/2001 10-K405 3/28/2002 Complete AA 3,782.440 ---3,782.440 ---3,782.440 2,338.030 -2,338.030 1,444.420 872.680 --872.680 0 -------------69.730 ---0.000 69.730 ----

2000 12/31/2000 12 Months Update 12/31/2000 10-K405 3/29/2001 Complete AA 3,777.780 ---3,777.780 ---3,777.780 2,315.730 -2,315.730 1,462.050 909.900 --909.900 0 -------------0.000 ----0.000 ----

1999 12/31/1999 12 Months Update 12/31/1999 10-K405 3/21/2000 Complete AA 3,197.240 ---3,197.240 ---3,197.240 1,960.820 -1,960.820 1,236.420 778.410 --778.410 0 -------------0.000 ----0.000 ----

1998 1997 1996 1995 12/31/1998 12/31/1997 12/31/1996 12/31/1995 12 Months 12 Months 12 Months 12 Months Restated Restated Restated Update 12/31/1999 12/31/1999 12/31/1998 12/31/1995 10-K405 10-K405 10-K 10-K 3/21/2000 3/21/2000 3/19/1999 1/26/1996 Complete Complete Complete Complete AA AA AA AA 3,047.060 2,619.100 2,233.190 1,486.770 ------------3,047.060 2,619.100 2,233.190 1,486.770 ------------3,047.060 2,619.100 2,233.190 1,486.770 1,889.230 1,663.490 1,409.690 1,039.620 ----1,889.230 1,663.490 1,409.690 1,039.620 1,157.830 955.610 823.500 447.150 773.720 636.260 556.090 266.890 --------773.720 636.260 556.090 266.890 0 0 0 0 -----------------------------------------------------------------------------------------

(0.790) ---4,447.880 846.000 (59.050) -(59.050) 10.090 -10.090 -(48.960) ------797.040 260.200 536.830 ---536.830 0.000 0.000 --0.000 536.830 ------536.830 536.830 306.790 1.750 1.750 8.410 545.250 323.140 1.690 1.690 0.050 -----

(6.160) -------------0.000 ---------------0.000 -3,876.110 3,280.430 3,225.630 2,739.230 2,662.950 2,299.750 1,965.790 1,306.510 701.120 502.010 552.150 458.010 384.110 319.350 267.410 180.260 (53.930) (48.150) --------------(53.930) (48.150) ------10.270 22.400 --------------10.270 22.400 --------(29.230) (16.670) (26.310) (12.990) (16.810) (7.200) (43.650) (25.750) (29.230) (16.670) (26.310) (12.990) (16.810) (7.200) ----------------------------------0.000 (11.780) (40.800) 0.000 ----0.000 (11.780) (40.800) 0.000 --657.470 476.260 522.920 429.560 317.010 306.350 250.590 173.060 223.330 178.600 198.710 167.940 124.820 117.780 96.240 67.290 434.140 297.670 324.210 261.620 192.190 188.580 154.360 105.770 ------------------------434.140 297.670 324.210 261.620 192.190 188.580 154.360 105.770 (173.750) 0.000 ------30.000 0.000 ----79.810 2.550 ----------------(143.750) 0.000 ----79.810 2.550 290.390 297.670 324.210 261.620 192.190 188.580 234.170 108.320 ------------------------------------------------434.140 297.670 324.210 261.620 192.190 188.580 154.360 105.770 290.390 297.670 324.210 261.620 192.190 188.580 234.170 108.320 300.450 287.260 284.940 283.660 279.630 279.450 265.900 234.650 1.440 1.040 1.140 0.920 0.690 0.670 0.580 0.450 0.970 1.040 1.140 0.920 0.690 0.670 0.880 0.460 7.900 7.250 0.000 0.000 0.000 0.000 0.000 0.000 298.290 304.910 324.210 261.620 192.190 188.580 234.170 108.320 316.960 303.700 291.000 292.180 287.970 286.960 272.250 239.450 1.390 1.000 1.110 0.900 0.670 0.660 0.570 0.440 0.940 1.000 1.110 0.900 0.670 0.660 0.860 0.450 0.050 0.040 0.040 0.040 0.050 0.050 0.020 0.020 ---------------------------------

---15.330 --------(23.290) 773.750 (7.600) 252.600 521.150 521.150 1.700 1.640 26.760 510.080 1.660 1.600 -59.050 -133.440 --11.130 56.000 ----207.000 2.720 0.600 1.440 0.000 --------------

---13.520 --------(12.430) 645.040 (4.220) 219.100 425.930 425.930 1.420 1.370 20.960 413.180 1.380 1.330 -53.930 -129.570 --8.180 56.000 ----174.000 0.910 0.050 0.510 0.050 --------------

---11.680 --------134.430 610.700 26.150 204.750 405.950 405.950 1.410 1.360 20.340 277.320 0.970 0.940 -48.150 -178.390 -64.710 -42.000 ----119.000 0.480 1.140 -0.810 --------------

---10.020 --------48.590 571.510 0.000 198.710 372.800 372.800 1.310 1.280 17.900 306.310 1.080 1.060 ---149.720 -48.590 -35.000 ----138.000 0.470 0.100 -0.580 --------------

---9.910 --------37.270 466.830 0.000 167.940 298.890 298.890 1.050 1.020 10.700 250.920 0.890 0.860 ---126.420 -37.270 -34.000 ----119.000 ------------------

---12.840 --------34.270 351.280 0.000 124.820 226.460 226.460 0.810 0.790 7.800 184.390 0.660 0.640 ---114.530 -34.270 -32.000 ----121.000 ------------------

---14.530 --------25.790 332.140 0.000 117.780 214.360 214.360 0.770 0.750 5.300 183.280 0.660 0.640 ---98.340 -25.790 -25.000 ----96.000 ------------------

---11.510 --------22.800 273.390 0.000 96.240 177.150 177.150 0.670 0.650 1.400 232.770 0.880 0.860 ---82.420 -22.800 -23.000 ----77.000 ------------------

---4.670 --------14.480 187.540 0.000 67.290 120.250 120.250 0.510 0.500 -------58.530 -14.480 -16.070 ----36.400 ------------------

--

2003 12/31/2003 Update 12/31/2003 10-K 3/10/2004 Complete EY -1,230.160 -1,230.160 932.440 (64.340) 868.100 --868.100 191.490 121.760 222.970 --536.230 307.670 -----2,942.150 326.110 43.950 1,142.910 ----1,512.970 (939.600) 573.370 --3,064.110 --277.860 ----

--

--

--

--

--

--

--

--

2002 2001 2000 1999 1998 1997 1996 1995 12/31/2002 12/31/2001 12/31/2000 12/31/1999 12/31/1998 12/31/1997 12/31/1996 12/31/1995 Reclassified Update Update Update Restated Restated Update Update 12/31/2003 12/31/2001 12/31/2000 12/31/1999 12/31/1999 12/31/1998 12/31/1996 12/31/1995 10-K 10-K405 10-K405 10-K405 10-K405 10-K 10-K 10-K 3/10/2004 3/28/2002 3/29/2001 3/21/2000 3/21/2000 3/19/1999 1/29/1997 1/26/1996 Complete Complete Complete Complete Complete Complete Complete Complete EY AA AA AA AA AA AA AA --------810.460 706.560 176.920 260.280 47.800 70.820 26.440 7.940 --------810.460 706.560 176.920 260.280 47.800 70.820 26.440 7.940 822.660 629.320 741.210 572.740 509.540 422.860 281.540 238.080 (63.640) (44.000) (37.000) (28.000) (24.000) (19.000) (14.870) (13.430) 759.030 585.320 704.210 544.740 485.540 403.860 266.670 224.650 ----------------759.030 585.320 704.210 544.740 485.540 403.860 266.670 224.650 165.060 131.320 152.510 128.130 130.460 99.980 88.080 89.930 119.870 95.120 95.400 67.440 75.770 67.060 49.680 51.900 200.650 181.800 212.700 129.100 131.250 98.080 66.470 60.050 ----------------485.590 408.240 460.610 324.670 337.480 265.120 204.240 201.890 332.190 174.500 132.560 72.430 60.870 92.250 49.390 31.990 ----------------------------------------2,387.270 1,874.620 1,474.310 1,202.120 931.700 832.050 546.740 466.470 350.290 287.660 248.020 209.120 207.930 158.870 107.340 93.310 37.800 31.640 29.690 25.600 26.610 23.930 17.460 15.020 1,041.210 945.700 930.390 818.200 768.990 601.690 413.640 352.180 --------------------------------1,429.300 1,264.990 1,208.100 1,052.910 1,003.530 784.490 538.440 460.500 (831.920) (731.420) (632.570) (552.720) (493.330) (381.000) (218.830) (168.570) 597.380 533.570 575.530 500.190 510.200 403.490 319.610 291.940 -- 2,602.660 2,108.900 1,488.290 1,446.760 992.350 885.410 680.270 -(310.000) (245.000) (196.000) (159.000) (129.000) (92.580) (72.130) 2,776.770 2,292.660 1,863.900 1,292.290 1,287.760 863.350 792.820 608.140 ----------------230.930 --------------------------------

------32.560 32.560 6,890.050 472.990 -892.620 0.000 14.390 ---------1,380.000 1,284.500 -1,284.500 1,298.880 -----578.840 -578.840 3,243.340 --------1.680 -1.680 999.790 2,719.850 ---(74.610)

------36.800 36.800 6,029.150 366.590 -786.180 0.000 112.540 ---------1,265.310 1,197.420 -1,197.420 1,309.960 -----556.810 -556.810 3,019.550 --------1.670 -1.670 915.560 2,198.350 ---(105.970)

------------------------------------------119.640 117.940 52.480 111.200 84.980 105.900 119.440 119.640 117.940 52.480 111.200 84.980 105.900 119.440 4,820.480 4,031.680 3,047.070 2,840.860 2,183.880 1,765.070 1,485.990 235.500 262.100 213.210 161.780 152.070 110.190 92.290 -------709.440 674.810 461.980 479.740 392.320 347.620 296.880 0.000 0.000 0.000 0.000 0.000 0.000 0.000 72.360 81.630 33.600 59.720 35.910 16.760 14.970 ---------------------------------------------------------------1,017.290 1,018.540 708.790 701.250 580.300 474.570 404.140 1,119.330 713.560 341.040 443.920 163.110 219.570 268.620 -------1,119.330 713.560 341.040 443.920 163.110 219.570 268.620 1,191.690 795.190 374.630 503.640 199.020 236.330 283.590 -----------------------------------455.270 357.250 288.490 294.910 301.250 270.670 226.930 -------455.270 357.250 288.490 294.910 301.250 270.670 226.930 2,591.900 2,089.350 1,338.320 1,440.070 1,044.660 964.810 899.680 --------------------------------------------------------1.570 1.560 1.540 1.530 1.460 0.640 0.630 -------1.570 1.560 1.540 1.530 1.460 0.640 0.630 375.280 364.430 420.040 332.060 344.840 333.590 315.210 1,921.470 1,635.480 1,321.280 1,069.570 806.170 506.770 304.360 -----(49.600) (37.490) --------------(69.740) (59.130) (34.110) (2.370) (13.260) 8.860 3.600

---(74.610) 3,646.710 6,890.050 307.360 ---307.360 28.030 ----------------30,000.000 -2,600.000 --------------------

------------------------(105.970) (69.740) (59.130) (34.110) (2.370) (13.260) 8.860 3.600 3,009.600 2,228.590 1,942.330 1,708.750 1,400.790 1,139.220 800.260 586.310 6,029.150 4,820.480 4,031.680 3,047.070 2,840.860 2,183.880 1,765.070 1,485.990 305.060 286.630 284.030 284.880 283.400 269.480 235.560 234.010 ------------------------305.060 286.630 284.030 284.880 283.400 269.480 235.560 234.010 28.030 28.030 27.270 23.190 23.190 23.190 21.190 19.610 --------------------------------------------------------------------------------------------------------------------------------29,000.000 23,000.000 24,000.000 19,000.000 18,000.000 13,200.000 11,600.000 10,500.000 --------2,800.000 3,000.000 3,200.000 3,500.000 3,000.000 3,000.000 3,000.000 3,000.000 -310.000 245.000 196.000 159.000 129.000 92.580 72.130 -116.000 -----------------------------------------------------------------------------------------------------------------------------------------------

2003 12/31/2003 12 Months

2002 2001 2000 1999 1998 1997 1996 1995 12/31/2002 12/31/2001 12/31/2000 12/31/1999 12/31/1998 12/31/1997 12/31/1996 12/31/1995 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months

Update Update Update Update Update Restated Restated Restated Update 12/31/2003 12/31/2002 12/31/2001 12/31/2000 12/31/1999 12/31/1999 12/31/1999 12/31/1998 12/31/1995 10-K 10-K 10-K405 10-K405 10-K405 10-K405 10-K405 10-K 10-K 3/10/2004 3/28/2003 3/28/2002 3/29/2001 3/21/2000 3/21/2000 3/21/2000 3/19/1999 1/26/1996 Complete Complete Complete Complete Complete Complete Complete Complete Complete EY EY AA AA AA AA AA AA AA 536.830 290.390 297.670 324.210 261.620 192.190 188.580 154.360 105.770 133.440 129.570 178.390 149.720 126.420 114.530 98.340 82.420 58.530 133.440 129.570 178.390 149.720 126.420 114.530 98.340 82.420 58.530 ------------------0 0 0 0 0 0 0 0 0 ---------0.000 173.750 -------0.000 (30.000) ------2.550 ---------------------------------------------0.000 143.750 ------2.550 1.510 59.030 142.310 (15.930) (60.330) 4.410 (50.980) (18.230) (20.100) 21.060 77.540 66.830 (38.450) 11.150 13.850 10.740 40.190 (15.590) 38.400 (71.540) (62.640) (78.600) --------------58.210 54.010 (38.140) (0.080) 45.850 (13.870) 22.960 11.150 0.630 72.100 27.600 24.050 171.370 ------------------------------------34.390 41.580 73.550 ---------(15.920) 42.370 191.270 146.640 132.420 38.310 31.060 45.970 56.270 17.190 7.310 861.540 710.350 608.470 512.250 419.110 352.680 343.180 253.970 174.160 (80.340) (65.430) (84.460) (103.720) (88.910) (101.610) (96.950) (63.980) (59.170) ------------------(80.340) (65.430) (84.460) (103.720) (88.910) (101.610) (96.950) (63.980) (59.170) (312.280) (1,158.130) (439.810) (708.590) (64.830) (532.370) (147.240) (246.430) (207.940) 11.650 52.560 32.830 1.800 0.000 16.250 0.000 155.000 0.000 12.930 26.470 3.870 15.220 -----------------------------------------------------------(287.710) (1,079.100) (403.120) (691.580) (64.830) (516.120) (147.240) (91.430) (207.940) (368.050) (1,144.530) (487.570) (795.300) (153.740) (617.730) (244.180) (155.410) (267.110) ------------------(15.330) (13.520) (11.680) (10.020) (9.910) (12.840) (14.530) (11.220) (4.670) ---------(15.330) (13.520) (11.680) (10.020) (9.910) (12.840) (14.530) (11.220) (4.670)

50.500 0.000 50.500 --------50.500 ---5.260 (150.770) (145.510) --(145.510) (110.340) 36.540 419.690 810.460 1,230.160 47.400 93.680 ----

512.110 0.000 512.110 --------512.110 ---37.530 (19.820) 17.710 --17.710 516.300 21.790 103.900 706.560 810.460 44.020 98.770 ----

28.170 (17.300) 10.870 --------10.870 ---517.560 (107.050) 410.520 --410.520 409.710 (0.970) 529.640 176.920 706.560 38.790 52.050 ----

26.580 (82.170) (55.590) --------(55.590) ---340.410 (74.320) 266.090 --266.090 200.480 (0.790) (83.360) 260.280 176.920 21.060 40.100 ----

87.990 0.000 87.990 --------87.990 -----(129.850) --(129.850) (51.780) (1.100) 212.480 47.800 260.280 16.350 114.620 ----

30.550 (2.070) 28.480 --------28.480 -----214.910 --214.910 230.540 1.730 (32.780) 80.580 47.800 26.500 79.300 ----

9.080 (80.220) (71.150) --------(71.150) -----(10.800) --(10.800) (96.470) (1.450) 1.070 79.510 80.580 14.880 86.160 ----

8.890 (12.110) (3.220) --------(3.220) -----(55.370) --(55.370) (69.800) (0.300) 28.460 39.060 67.520 17.460 91.580 ----

3.560 0.000 3.560 --------3.560 -----98.300 --98.300 97.190 0.110 4.340 3.600 7.940 13.700 69.850 ----

2003

2002

2001

2000

1999

1998

1997

1996

1995

17.8% 8.9% 9.9%

19.5% 9.0% 9.8%

15.3% 7.4% 7.8%

19.0% 10.6% 9.8%

18.7% 9.2% 8.6%

16.9% 8.8% 10.8%

23.6% 10.7% 10.0%

26.3% 10.4% 10.2%

22.2% 9.6% 8.2%

$14.4 1,284.5 -3,646.7 $4,945.6

$112.5 1,197.4 -3,009.6 $4,319.6

$72.4 1,119.3 -2,228.6 $3,420.3

$81.6 713.6 -1,942.3 $2,737.5

$33.6 341.0 -1,708.8 $2,083.4

$59.7 443.9 -1,400.8 $1,904.4

$35.9 163.1 -1,139.2 $1,338.2

$16.8 219.6 -800.3 $1,036.6

$15.0 268.6 -586.3 $869.9

$1.07

$1.06

$1.11

$1.38

$1.53

$1.60

$1.96

$2.15

$1.71

$537 5,294 10.1%

$434 4,577 9.5%

$298 3,782 7.9%

$324 3,778 8.6%

$262 3,197 8.2%

$192 3,047 6.3%

$189 2,619 7.2%

$154 2,233 6.9%

$106 1,487 7.1%

$5,294 6,890

$4,577 6,029

$3,782 4,820

$3,778 4,032

$3,197 3,047

$3,047 2,841

$2,619 2,184

$2,233 1,765

$1,487 1,486

0.8x

0.8x

0.8x

0.9x

1.0x

1.1x

1.2x

1.3x

1.0x

7.8%

7.2%

6.2%

8.0%

8.6%

6.8%

8.6%

8.7%

7.1%

6,890 3,010 2.3x

6,029 2,229 2.7x

4,820 1,942 2.5x

4,032 1,709 2.4x

3,047 1,401 2.2x

2,841 1,139 2.5x

2,184 800 2.7x

1,765 586 3.0x

1,486 476 3.1x

17.8%

19.5%

15.3%

19.0%

18.7%

16.9%

23.6%

26.3%

22.2%

$2,139 $1,316 $0 $133 $260 $429

$1,786 $1,097 $0 $130 $223 $336

$1,444 $873 $0 $178 $179 $215

$1,462 $910 $0 $150 $199 $204

$1,236 $778 $0 $126 $168 $164

$1,158 $774 $0 $115 $125 $145

$956 $636 $0 $98 $118 $103

$824 $556 $0 $82 $96 $89

$447 $267 $0 $59 $67 $54

$14 $1,285 $3,647 $4,946

$113 $1,197 $3,010 $4,320

$72 $1,119 $2,229 $3,420

$82 $714 $1,942 $2,738

$34 $341 $1,709 $2,083

$60 $444 $1,401 $1,904

$36 $163 $1,139 $1,338

$17 $220 $800 $1,037

$15 $269 $586 $870

9.9%

9.8%

7.8%

9.8%

8.6%

10.8%

10.0%

10.2%

8.2%

$862 ($80) $781

$710 ($65) $645

$608 ($84) $524

$512 ($104) $409

$419 ($89) $330

$353 ($102) $251

$343 ($97) $246

$254 ($64) $190

$174 ($59) $115

$537

$434

$298

$324

$262

$192

$189

$154

$106

145.5%

148.6%

176.0%

126.0%

126.2%

130.6%

130.6%

123.1%

108.7%

2003

2002

2001

2000

1999

1998

1997

1996

1995

$5,294 15.7%

$4,577 21.0%

$3,782 0.1%

$3,778 18.2%

$3,197 4.9%

$3,047 16.3%

$2,619 17.3%

$2,233 50.2%

$1,487 33.5%

$537 $15 $522 97.1%

$434 $14 $421 96.9%

$298 $12 $286 96.1%

$324 $10 $314 96.9%

$262 $10 $252 96.2%

$192 $13 $179 93.3%

$189 $15 $174 92.3%

$154 $11 $143 92.7%

$106 $5 $101 95.6%

17.8%

19.5%

15.3%

19.0%

18.7%

16.9%

23.6%

26.3%

22.2%

17.3%

18.9%

14.7%

18.4%

18.0%

15.7%

21.7%

24.4%

21.2%

$689 13.0%

$559 12.2%

$393 10.4%

$402 10.7%

$332 10.4%

$270 8.8%

$221 8.4%

$185 8.3%

$122 8.2%

$260 32.6%

$223 34.0%

$179 37.5%

$199 38.0%

$168 39.1%

$125 39.4%

$118 38.4%

$96 38.4%

$67 38.9%

$133 2.5%

$130 2.8%

$178 4.7%

$150 4.0%

$126 4.0%

$115 3.8%

$98 3.8%

$82 3.7%

$59 3.9%

($80) 1.5%

($65) 1.4%

($84) 2.2%

($104) 2.7%

($89) 2.8%

($102) 3.3%

($97) 3.7%

($64) 2.9%

($59) 4.0%

$868 536 473 $931 17.6%

$759 486 367 $878 19.2%

$585 408 236 $758 20.0%

$704 461 262 $903 23.9%

$545 325 213 $656 20.5%

$486 337 162 $661 21.7%

$404 265 152 $517 19.7%

$267 204 110 $361 16.2%

$225 202 92 $334 22.5%

1994 1993 1992 1991 1990 1989 12/31/1994 12/31/1993 12/31/1992 12/31/1991 12/31/1990 12/31/1989 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months Restated Restated Update Update Update Update 12/31/1995 12/31/1995 12/31/1992 12/31/1991 12/31/1990 12/31/1989 ------------Complete Complete Complete Complete Complete Complete ------1,113.970 937.630 955.520 837.390 845.320 749.050 ------------------1,113.970 937.630 955.520 837.390 845.320 749.050 ------0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 1,113.970 937.630 955.520 837.390 845.320 749.050 791.870 678.580 707.360 635.020 598.940 518.250 ------791.870 678.580 707.360 635.020 598.940 518.250 322.100 259.060 248.160 202.370 246.380 230.800 197.670 172.000 177.090 161.570 165.480 136.880 ------------197.670 172.000 177.090 161.570 165.480 136.880 0 0 0 0 0 0 -------------------------------------------------------------------------------------------------------------------------------------

-0.000 -0.000 989.550 124.430 ------(3.200) (3.200) ----0.000 0.000 121.230 48.910 72.320 ---72.320 0.000 9.330 --9.330 81.650 ------72.320 81.650 233.310 0.310 0.350 0.000 81.650 233.310 0.310 0.350 0.020 -----

-0.000 -0.000 850.580 87.060 ------(5.360) (5.360) ----0.000 0.000 81.700 33.670 48.030 ---48.030 (36.000) 5.720 --(30.280) 17.750 ------48.030 17.750 231.170 0.210 0.080 0.000 17.750 231.170 0.210 0.080 0.020 -----

-3.500 -3.500 887.950 67.570 ------(10.860) (10.860) ----0.000 0.000 56.700 25.100 31.600 ---31.600 0.000 0.000 --0.000 31.600 ------31.600 31.600 229.780 0.140 0.140 0.000 31.600 229.780 0.140 0.140 0.000 -----

-0.000 -0.000 796.580 40.800 ------(14.470) (14.470) ----0.000 0.000 26.330 13.010 13.320 ---13.320 0.000 0.000 --0.000 13.320 ------13.320 13.320 228.470 0.060 0.060 0.000 13.320 228.470 0.060 0.060 0.000 -----

-0.000 -0.000 764.420 80.900 ------(18.810) (18.810) ----0.000 0.000 62.090 26.380 35.710 ---35.710 0.000 0.000 --0.000 35.710 ------35.710 35.710 212.850 0.170 0.170 0.000 35.710 212.850 0.170 0.170 0.000 -----

-0.000 -0.000 655.130 93.920 ------(22.170) (22.170) ----7.320 7.320 79.070 31.950 47.120 ---47.120 0.000 14.000 --14.000 61.120 ------47.120 61.120 190.060 0.250 0.320 0.000 61.120 190.060 0.250 0.320 0.000 -----

-------------121.230 -48.910 72.320 72.320 0.310 0.310 -------42.550 ---------------------------

-------------81.700 -33.670 48.030 48.030 0.210 0.210 -------38.400 ---------------------------

---0.000 ---------56.700 -25.100 31.600 31.600 0.140 0.140 -------37.110 ---------------------------

---0.000 ---------26.330 -13.010 13.320 13.320 0.060 0.060 -------33.160 ---------------------------

---0.000 ---------62.090 -26.380 35.710 35.710 0.170 0.170 -------25.610 ---------------------------

---0.000 ---------79.070 -31.950 47.120 47.120 0.250 0.250 -------19.150 ---------------------------

--

--

--

--

--

--

1994 1993 1992 1991 1990 1989 12/31/1994 12/31/1993 12/31/1992 12/31/1991 12/31/1990 12/31/1989 Restated Update Update Update Update Update 12/31/1995 12/31/1993 12/31/1992 12/31/1991 12/31/1990 12/31/1989 ------------Complete Complete Complete Complete Complete Complete ------------3.600 6.770 1.690 0.000 0.590 4.750 ------3.600 6.770 1.690 0.000 0.590 4.750 ------------168.160 135.450 116.790 92.600 97.470 81.010 ------------168.160 135.450 116.790 92.600 97.470 81.010 ------------------------------134.940 107.570 101.320 109.620 125.120 74.290 50.670 27.980 10.210 13.920 14.210 8.750 ------------------0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 357.370 277.760 230.010 216.150 237.380 168.800 76.920 72.770 79.220 74.260 70.450 57.190 9.310 7.270 6.360 6.760 6.730 4.920 291.680 278.260 221.330 199.480 169.750 96.190 ------------------------377.900 358.300 306.910 280.490 246.940 158.300 (133.740) (122.630) (94.150) (73.640) (51.110) (33.110) 244.170 235.670 212.760 206.860 195.820 125.200 ------------431.500 337.570 320.450 306.840 305.530 203.920 -------------------------------------

------72.610 72.610 1,105.650 78.110 -228.510 0.000 68.770 ---------375.390 116.520 -116.520 185.290 -----137.640 -137.640 629.550 0.000 -0.000 -----0.630 -0.630 311.650 200.720 (37.490) --0.590

------21.480 21.480 872.470 72.450 -160.690 0.000 2.240 ---------235.370 131.350 -131.350 133.590 -----142.090 -142.090 508.810 0.000 -0.000 -----0.310 -0.310 279.530 123.100 (37.490) --(1.780)

------6.600 6.600 769.820 62.400 -118.530 0.000 31.460 ---------212.390 137.310 -137.310 168.770 -----71.740 -71.740 421.440 0.000 -0.000 -----0.310 -0.310 278.230 108.760 (37.490) --(1.430)

------5.110 5.110 734.960 66.110 -105.480 0.000 2.290 ---------173.880 182.210 -182.210 184.510 -----59.610 -59.610 415.700 0.000 -0.000 -----0.310 -0.310 275.370 77.160 (37.490) --3.910

------5.760 5.760 744.500 72.380 -108.060 0.000 0.950 ---------181.380 186.110 -186.110 187.050 -----72.020 -72.020 439.500 0.000 -0.000 -----0.310 -0.310 273.300 63.840 (37.490) --5.050

------9.230 9.230 507.150 52.440 -90.820 0.000 0.690 ---------143.950 143.030 -143.030 143.720 -----28.450 -28.450 315.430 0.000 -0.000 -----0.250 -0.250 184.420 28.130 (22.250) --1.180

---0.590 476.100 1,105.650 233.180 ---233.180 ----------------------------------------

---(1.780) 363.670 872.470 227.590 ---227.590 ----------------------------------------

---(1.430) 348.380 769.820 227.190 ---227.190 ----------------------------------------

---3.910 319.250 734.960 226.040 ---226.040 ----------------------------------------

---5.050 305.000 744.500 225.320 ---225.320 ----------------------------------------

---1.180 191.720 507.150 185.540 ---185.540 ----------------------------------------

1994 1993 1992 1991 1990 1989 12/31/1994 12/31/1993 12/31/1992 12/31/1991 12/31/1990 12/31/1989 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months

Restated Restated Update Update Update Update 12/31/1995 12/31/1995 12/31/1992 12/31/1991 12/31/1990 12/31/1989 ------------Complete Complete Complete Complete Complete Complete ------72.320 48.030 31.600 13.320 35.710 47.120 42.550 38.400 37.110 33.160 25.610 19.150 42.550 38.400 37.110 33.160 25.610 19.150 ------------0 0 0 0 0 0 ------------9.330 5.720 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 ------------------------9.330 5.720 0.000 0.000 0.000 0.000 (15.790) 0.640 (27.890) 3.820 6.490 (4.250) (0.940) 6.950 9.210 15.050 (0.510) 13.320 ------------8.710 (0.220) (0.730) (5.370) 6.760 (0.160) ------------------------------24.160 29.190 23.610 (18.180) (4.070) 7.940 16.150 36.550 4.200 (4.680) 8.670 16.840 140.350 128.690 72.910 41.810 69.990 83.110 (34.810) (33.380) (33.920) (41.760) (32.990) (22.890) ------------(34.810) (33.380) (33.920) (41.760) (32.990) (22.890) (136.060) (53.960) (22.510) 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 50.300 0.000 0.000 0.000 0.000 0.000 0.750 ------(22.030) 0.000 0.000 0.000 0.000 0.000 ------------------0.000 0.000 0.000 0.000 0.000 (6.350) (158.090) (53.960) (22.510) 0.000 0.000 44.710 (192.900) (87.340) (56.430) (41.760) (32.990) 21.820 0.000 0.000 (0.470) 0.000 (0.310) 0.000 0.000 0.000 (0.470) 0.000 (0.310) 0.000 (3.420) (2.560) 0.000 0.000 0.000 0.000 ------(3.420) (2.560) 0.000 0.000 0.000 0.000

0.990 0.000 0.990 --------0.990 ----0.000 51.700 --51.700 49.270 0.270 (3.000) --9.510 65.840 ----

1.300 0.000 1.300 --------1.300 ----(65.180) (35.180) --(35.180) (36.440) (0.010) 4.910 --10.680 37.330 ----

2.860 0.000 2.860 --------2.860 ----(117.310) (17.310) --(17.310) (14.910) 0.120 1.690 --12.210 20.220 ----

2.070 0.000 2.070 --------2.070 ----(2.550) (2.550) --(2.550) (0.470) (0.160) (0.580) --19.320 6.100 ----

2.300 0.260 (15.240) (22.250) (12.940) (21.990) ----------------(12.940) (21.990) --------(26.270) (105.060) (26.270) (105.060) ----(26.270) (105.060) (39.530) (127.050) (1.640) 2.730 (4.170) (19.400) ----21.670 31.810 13.220 19.280 -------

1994

1993

1992

1991

1990

19.9% 8.3% 6.6%

13.8% 6.2% 2.9%

9.9% 4.3% 1.8%

4.4% 1.8% (1.1%)

18.6% 7.0% 8.6%

1989

$68.8 116.5 -476.1 $661.4

$2.2 131.4 -363.7 $497.3

$31.5 137.3 -348.4 $517.2

$2.3 182.2 -319.3 $503.8

$1.0 186.1 -305.0 $492.1

$0.7 143.0 -191.7 $335.4

$1.68

$1.89

$1.85

$1.66

$1.72

$2.23

$72 1,114 6.5%

$48 938 5.1%

$32 956 3.3%

$13 837 1.6%

$36 845 4.2%

$47 749 6.3%

$1,114 1,106

$938 872

$956 770

$837 735

$845 745

$749 507

1.0x

1.1x

1.2x

1.1x

1.1x

1.5x

6.5%

5.5%

4.1%

1.8%

4.8%

9.3%

1,106 364 3.0x

872 348 2.5x

770 319 2.4x

735 305 2.4x

745 192 3.9x

507 NA NA

19.9%

13.8%

9.9%

4.4%

18.6%

NA

$322 $198 $0 $43 $49 $33

$259 $172 $0 $38 $34 $15

$248 $177 $0 $37 $25 $9

$202 $162 $0 $33 $13 ($5)

$246 $165 $0 $26 $26 $29

$231 $137 $0 $19 $32 $43

$69 $117 $476 $661

$2 $131 $364 $497

$31 $137 $348 $517

$2 $182 $319 $504

$1 $186 $305 $492

$1 $143 $192 $335

6.6%

2.9%

1.8%

(1.1%)

8.6%

NA

$140 ($35) $106

$129 ($33) $95

$73 ($34) $39

$42 ($42) $0

$70 ($33) $37

$83 ($23) $60

$72

$48

$32

$13

$36

$47

145.9%

198.4%

123.4%

0.4%

103.6%

127.8%

1994

1993

1992

1991

1990

$1,114 18.8%

$938 (1.9%)

$956 14.1%

$837 (0.9%)

$845 12.9%

$749

1989

$72 $3 $69 95.3%

$48 $3 $45 94.7%

$32 $0 $32 100.0%

$13 $0 $13 100.0%

$36 $0 $36 100.0%

$47 $0 $47 100.0%

19.9%

13.8%

9.9%

4.4%

18.6%

0.0%

18.9%

13.1%

9.9%

4.4%

18.6%

0.0%

$82 7.4%

$49 5.2%

$34 3.6%

$8 0.9%

$55 6.5%

$75 10.0%

$49 40.3%

$34 41.2%

$25 44.3%

$13 49.4%

$26 42.5%

$32 40.4%

$43 3.8%

$38 4.1%

$37 3.9%

$33 4.0%

$26 3.0%

$19 2.6%

($35) 3.1%

($33) 3.6%

($34) 3.5%

($42) 5.0%

($33) 3.9%

($23) 3.1%

$168 135 78 $225 20.2%

$135 108 72 $171 18.2%

$117 101 62 $156 16.3%

$93 110 66 $136 16.3%

$97 125 72 $150 17.8%

$81 74 52 $103

All Financial Reports

Danaher Corp Income Statement - Interim Standardised in Millions of US Dollar Fiscal Period: Period End Date: Period Length: Update Type: Update Date: Source Source Date: Complete Statement: Net Sales Gross Revenue Sales Returns and Allowances Excise Tax Receipts Revenue Interest Income, Non-Bank Other Revenue Other Revenue, Total Total Revenue Cost of Revenue Excise Taxes Payments Cost of Revenue, Total Gross Profit Selling/General/Administrative Expense Labor & Related Expense Advertising Expense Selling/General/Admin. Expenses, Total Research & Development Depreciation Amortization of Intangibles Amortization of Acquisition Costs Depreciation/Amortization Interest Expense - Operating Interest Capitalized - Operating Interest Expense, Net - Operating Interest Income - Operating Investment Income - Operating Interest/Investment Income - Operating Interest Expense(Income) - Net Operating Interest Exp.(Inc.),Net-Operating, Total Purchased R&D Written-Off Restructuring Charge Litigation Impairment-Assets Held for Use Impairment-Assets Held for Sale Other Unusual Expense (Income) Unusual Expense (Income) Foreign Currency Adjustment Unrealized Losses (Gains) Minimum Pension Liability Adjustment Loss(Gain) on Sale of Assets - Operating

2009 Q1 4/3/2009 3 Months Update 4/3/2009 10-Q 4/23/2009 Complete 2,627.740 ---2,627.740 ---2,627.740 1,369.140 -1,369.140 1,258.610 757.500 --757.500 160.900 ------------------------

2008 Q4 12/31/2008 3 Months Update 12/31/2008 10-K 2/25/2009 Complete 3,176.510 ---3,176.510 ---3,176.510 1,724.900 -1,724.900 1,451.610 860.490 --860.490 167.470 ------------------------

2008 Q3 9/26/2008 3 Months Update 9/26/2008 10-Q 10/16/2008 Complete 3,208.180 ---3,208.180 ---3,208.180 1,697.610 -1,697.610 1,510.570 806.420 --806.420 182.010 ------------------0.000 ---0.000

2008 Q2 6/27/2008 3 Months Update 6/27/2008 10-Q 7/17/2008 Complete 3,283.900 ---3,283.900 ---3,283.900 1,723.600 -1,723.600 1,560.300 859.970 --859.970 189.870 ------------------0.000 ---0.000

2008 Q1 3/28/2008 3 Months Update 3/28/2008 10-Q 4/17/2008 Complete 3,028.870 ---3,028.870 ---3,028.870 1,611.160 -1,611.160 1,417.720 818.390 --818.390 186.100 ------------------------

Other Operating Expense Other, Net Other Operating Expenses, Total Total Operating Expense Operating Income Interest Expense - Non-Operating Interest Capitalized - Non-Operating Interest Expense, Net Non-Operating Interest Income - Non-Operating Investment Income - Non-Operating Interest/Invest Income - Non-Operating Interest Income(Exp), Net Non-Operating Interest Inc.(Exp.),Net-Non-Op., Total Gain (Loss) on Sale of Assets Foreign Currency Adjustment Unrealized Gains (Losses) Minimum Pension Liability Adjustment Other Non-Operating Income (Expense) Other, Net Net Income Before Taxes Provision for Income Taxes Net Income After Taxes Minority Interest Equity In Affiliates U.S. GAAP Adjustment Net Income Before Extra. Items Accounting Change Discontinued Operations Extraordinary Item Tax on Extraordinary Items Total Extraordinary Items Net Income Preferred Dividends General Partners' Distributions Miscellaneous Earnings Adjustment Pro Forma Adjustment Interest Adjustment - Primary EPS Total Adjustments to Net Income Income Available to Com Excl ExtraOrd Income Available to Com Incl ExtraOrd Basic Weighted Average Shares Basic EPS Excluding Extraordinary Items Basic EPS Including Extraordinary Items Dilution Adjustment Diluted Net Income Diluted Weighted Average Shares Diluted EPS Excluding ExtraOrd Items Diluted EPS Including ExtraOrd Items DPS - Common Stock Primary Issue Dividends per Share - Com Stock Issue 2 Dividends per Share - Com Stock Issue 3 Dividends per Share - Com Stock Issue 4 Special DPS - Common Stock Primary Issue Special DPS - Common Stock Issue 2

---2,287.530 340.220 (24.060) -(24.060) 0.670 -0.670 -(23.390) ------316.830 79.120 237.710 ---237.710 -----237.710 ------237.710 237.710 319.340 0.740 0.740 2.460 240.170 333.480 0.720 0.720 0.030 ------

---2,752.860 423.650 (25.430) -(25.430) 4.000 -4.000 -(21.430) ------402.220 96.530 305.690 ---305.690 -0.000 --0.000 305.690 ------305.690 305.690 319.520 0.960 0.960 1.820 307.510 333.590 0.920 0.920 0.030 ------

---2,686.040 522.140 (30.220) -(30.220) 1.070 -1.070 -(29.150) ------492.990 121.000 371.990 ---371.990 -0.000 --0.000 371.990 ------371.990 371.990 319.890 1.160 1.160 2.590 374.580 337.330 1.110 1.110 0.030 ------

---2,773.430 510.460 (33.850) -(33.850) 1.410 -1.410 -(32.440) ------478.020 114.570 363.450 ---363.450 -0.000 --0.000 363.450 ------363.450 363.450 319.230 1.140 1.140 3.390 366.840 336.550 1.090 1.090 0.030 ------

---2,615.650 413.220 (40.670) -(40.670) 3.520 -3.520 -(37.150) ------376.080 99.570 276.510 ---276.510 -0.000 --0.000 276.510 ------276.510 276.510 318.800 0.870 0.870 2.560 279.070 335.970 0.830 0.830 0.030 ------

Special DPS - Common Stock Issue 3 Special DPS - Common Stock Issue 4 Gross Dividends - Common Stock (Gain) Loss on Sale of Assets, Suppl. Impairment-Assets Held for Sale, Suppl. Impairment-Assets Held for Use, Suppl. Litigation Charge, Supplemental Purchased R&D Written-Off, Supplemental Restructuring Charge, Supplemental Other Unusual Expense(Income), Suppl. Non-Recurring Items, Supplemental, Total Total Special Items Normalized Income Before Taxes Effect of Special Items on Income Taxes Inc Tax Ex Impact of Sp Items Normalized Income After Taxes Normalized Inc. Avail to Com. Basic Normalized EPS Diluted Normalized EPS Pro Forma Stock Compensation Expense Net Income after Stock Based Comp. Exp. Basic EPS after Stock Based Comp. Exp. Diluted EPS after Stock Based Comp. Exp. Stock-Based Compensation, Supplemental Interest Expense, Supplemental Interest Capitalized, Supplemental Depreciation, Supplemental Funds From Operations - REIT Amort of Acquisition Costs, Supplemental Amort of Intangibles, Supplemental Rental Expense, Supplemental EPS, Supplemental Advertising Expense, Supplemental Equity in Affiliates, Supplemental Minority Interest, Supplemental Research & Development Exp, Supplemental Audit Fees Audit-Related Fees Tax Fees All Other Fees Reported Recurring Revenue Reported Net Premiums Written Reported Total Revenue Reported Operating Revenue Reported Total Cost of Revenue Reported Total Sales, General & Admin. Reported Gross Profit Reported Operating Profit Reported Operating Profit Margin Reported Ordinary Profit Reported Net Income After Tax Reported Basic EPS Reported Diluted EPS Reported Net Business Profits

--9.560 ---------316.830 -79.120 237.710 237.710 0.740 0.720 ----23.930 24.060 -45.390 --35.410 -----160.900 -----------340.220 -------

--9.550 ---------402.220 -96.530 305.690 305.690 0.960 0.920 ----21.980 25.430 -48.870 --35.360 -----167.470 -------------------

--9.590 --------0.000 492.990 0.000 121.000 371.990 371.990 1.160 1.110 ----21.620 30.220 -47.350 --37.180 -----182.010 -----------522.140 -------

--9.570 --------0.000 478.020 0.000 114.570 363.450 363.450 1.140 1.090 ----21.570 33.850 -47.700 --35.740 -----189.870 -----------510.460 -------

--9.550 ---------376.080 -99.570 276.510 276.510 0.870 0.830 ----20.830 40.670 -50.080 --37.010 -----186.100 -----------413.220 -------

Balance Sheet (Differentiates) Interim - Standardised in Millions of US Dollar Fiscal Period: Period End Date: Update Type: Update Date: Source Source Date: Complete Statement: Cash Cash & Equivalents Short Term Investments Cash and Short Term Investments Accounts Receivable - Trade, Gross Provision for Doubtful Accounts Accounts Receivable - Trade, Net Notes Receivable - Short Term Receivables - Other Total Receivables, Net Inventories - Finished Goods Inventories - Work In Progress Inventories - Raw Materials Inventories - Other LIFO Reserve Total Inventory Prepaid Expenses Restricted Cash - Current Deferred Income Tax - Current Asset Discountinued Operations - Current Asset Other Current Assets Other Current Assets, Total Total Current Assets Buildings - Gross Land/Improvements - Gross Machinery/Equipment - Gross Construction in Progress - Gross Leases - Gross Natural Resources - Gross Other Property/Plant/Equipment - Gross Property/Plant/Equipment, Total - Gross Accumulated Depreciation, Total Property/Plant/Equipment, Total - Net Goodwill - Gross Accumulated Goodwill Amortization Goodwill, Net Intangibles - Gross Accumulated Intangible Amortization Intangibles, Net LT Investment - Affiliate Companies LT Investments - Other Long Term Investments Note Receivable - Long Term Deferred Charges

2009 Q1 4/3/2009 Update 4/3/2009 10-Q 4/23/2009 Complete -975.950 -975.950 --1,707.130 --1,707.130 506.220 220.460 407.120 --1,133.800 680.400 -----4,497.280 -------2,582.160 (1,504.470) 1,077.690 --9,123.050 --2,474.910 ------

2008 Q4 12/31/2008 Update 12/31/2008 10-K 2/25/2009 Complete -392.850 -392.850 --1,894.590 --1,894.590 544.000 211.350 386.960 --1,142.310 757.370 -----4,187.120 -------2,591.860 (1,483.200) 1,108.650 --9,210.580 --2,519.420 ------

2008 Q3 9/26/2008 Update 9/26/2008 10-Q 10/16/2008 Complete -286.520 -286.520 --2,100.800 --2,100.800 567.250 264.000 443.610 --1,274.850 458.900 -----4,121.070 -------2,589.810 (1,483.500) 1,106.310 --9,266.690 --2,624.660 ------

2008 Q2 6/27/2008 Update 6/27/2008 10-Q 7/17/2008 Complete -284.100 -284.100 --2,094.320 --2,094.320 574.790 261.920 460.750 --1,297.460 515.850 -----4,191.730 -------2,621.540 (1,489.650) 1,131.890 --9,463.470 --2,697.920 ------

2008 Q1 3/28/2008 Update 3/28/2008 10-Q 4/17/2008 Complete -233.820 -233.820 --2,099.510 --2,099.510 596.610 208.930 486.760 --1,292.300 529.650 -----4,155.270 -------2,598.780 (1,471.050) 1,127.740 --9,480.870 --2,585.010 ------

Pension Benefits - Overfunded Defered Income Tax - Long Term Asset Discontinued Operations - LT Asset Restricted Cash - Long Term Other Long Term Assets Other Long Term Assets, Total Total Assets Accounts Payable Payable/Accrued Accrued Expenses Notes Payable/Short Term Debt Current Port. of LT Debt/Capital Leases Dividends Payable Customer Advances Security Deposits Income Taxes Payable Other Payables Deferred Income Tax - Current Liability Discontinued Operations - Curr Liability Other Current Liabilities Other Current liabilities, Total Total Current Liabilities Long Term Debt Capital Lease Obligations Total Long Term Debt Total Debt Deferred Income Tax - LT Liability Deferred Income Tax Minority Interest Reserves Pension Benefits - Underfunded Other Long Term Liabilities Discontinued Operations - Liabilities Other Liabilities, Total Total Liabilities Redeemable Preferred Stock Redeemable Convertible Preferred Stock Redeemable Preferred Stock, Total Preferred Stock - Non Redeemable Convertible Preferred Stock - Non Rdmbl Treasury Stock - Preferred General Partner Preferred Stock - Non Redeemable, Net Common Stock Limited Partner Common Stock, Total Additional Paid-In Capital Retained Earnings (Accumulated Deficit) Treasury Stock - Common ESOP Debt Guarantee Unrealized Gain (Loss) Translation Adjustment Other Equity Minimum Pension Liability Adjustment

--------------------500.180 464.350 501.920 509.610 504.130 500.180 464.350 501.920 509.610 504.130 17,673.110 17,490.130 17,620.650 17,994.610 17,853.020 930.820 1,108.960 1,148.490 1,193.580 1,144.650 -----1,466.760 1,569.980 1,546.750 1,587.300 1,535.670 0.000 0.000 0.000 0.000 0.000 77.180 66.160 316.380 312.650 301.120 ---------------------------------------------2,474.760 2,745.100 3,011.620 3,093.520 2,981.440 2,840.790 2,553.170 2,391.300 2,740.060 3,204.140 -----2,840.790 2,553.170 2,391.300 2,740.060 3,204.140 2,917.970 2,619.330 2,707.680 3,052.700 3,505.270 ----------0 --------------2,354.610 2,383.300 2,045.490 2,086.760 2,092.840 -----2,354.610 2,383.300 2,045.490 2,086.760 2,092.840 7,670.160 7,681.570 7,448.410 7,920.330 8,278.430 ----------0 -----------------------------3.550 3.540 3.540 3.540 3.530 -----3.550 3.540 3.540 3.540 3.530 1,854.090 1,812.960 1,854.910 1,804.010 1,766.830 8,323.310 8,095.160 7,799.020 7,436.620 7,082.740 -------------------------------

Other Comprehensive Income Other Equity, Total Total Equity Total Liabilities & Shareholders' Equity Shares Outs - Common Stock Primary Issue Shares Outstanding - Common Issue 2 Shares Outstanding - Common Issue 3 Shares Outstanding - Common Issue 4 Total Common Shares Outstanding Treas Shares - Common Stock Prmry Issue Treasury Shares - Common Issue 2 Treasury Shares - Common Issue 3 Treasury Shares - Common Issue 4 Shares Outstanding - Preferred Issue 1 Shares Outstanding - Preferred Issue 2 Shares Outstanding - Preferred Issue 3 Shares Outstanding - Preferred Issue 4 Shares Outstanding - Preferred Issue 5 Shares Outstanding - Preferred Issue 6 Total Preferred Shares Outstanding Treasury Shares - Preferred Issue 1 Treasury Shares - Preferred Issue 2 Treasury Shares - Preferred Issue 3 Treasury Shares - Preferred Issue 4 Treasury Shares - Preferred Issue 5 Treasury Shares - Preferred Issue 6 Full-Time Employees Part-Time Employees Number of Common Shareholders Accumulated Goodwill Amortization Suppl. Accumulated Intangible Amort, Suppl. Deferred Revenue - Current Deferred Revenue - Long Term Total Risk-Weighted Capital Tier 1 Capital % Total Capital % Trading Account Credit Exposure Non-Performing Loans Assets under Management Reported Total Assets Reported Total Liabilities Shareholders' Equity Excl. Stock Subscr. Reported Shareholder's Equity Reported Net Assets Reported Net Assets to Total Assets Reported Return on Assets Reported Return on Equity

(177.990) (103.100) 514.760 830.120 721.500 (177.990) (103.100) 514.760 830.120 721.500 10,002.960 9,808.560 10,172.240 10,074.280 9,574.600 17,673.110 17,490.130 17,620.650 17,994.610 17,853.020 318.745 318.380 319.610 318.940 318.430 ---------------318.745 318.380 319.610 318.940 318.430 -36.110 --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Cash Flow (Indirect) - Interim - Standardised in Millions of US Dollar [+] Add Item Fiscal Period: Period End Date: Period Length: Update Type: Update Date:

2009 Q1 4/3/2009 3 Months Update 4/3/2009

2008 Q4 12/31/2008 12 Months Update 12/31/2008

2008 Q3 9/26/2008 9 Months Update 9/26/2008

2008 Q2 6/27/2008 6 Months Update 6/27/2008

2008 Q1 3/28/2008 3 Months Update 3/28/2008

Source Source Date: Complete Statement: Net Income/Starting Line Depreciation Depreciation/Depletion Amortization of Intangibles Amortization of Acquisition Costs Amortization Deferred Taxes Accounting Change Discontinued Operations Extraordinary Item Unusual Items Purchased R&D Equity in Net Earnings (Loss) Other Non-Cash Items Non-Cash Items Accounts Receivable Inventories Prepaid Expenses Other Assets Accounts Payable Accrued Expenses Payable/Accrued Taxes Payable Other Liabilities Other Assets & Liabilities, Net Other Operating Cash Flow Changes in Working Capital Cash from Operating Activities Purchase of Fixed Assets Purchase/Acquisition of Intangibles Software Development Costs Capital Expenditures Acquisition of Business Sale of Business Sale of Fixed Assets Sale/Maturity of Investment Investment, Net Purchase of Investments Sale of Intangible Assets Intangible, Net Other Investing Cash Flow Other Investing Cash Flow Items, Total Cash from Investing Activities Other Financing Cash Flow Financing Cash Flow Items Cash Dividends Paid - Common Cash Dividends Paid - Preferred Total Cash Dividends Paid Sale/Issuance of Common Repurchase/Retirement of Common Common Stock, Net

10-Q 4/23/2009 Complete 237.710 45.390 45.390 35.410 -35.410 -------23.930 23.930 198.890 (1.970) 75.780 -(150.520) (147.920) -----(25.760) 316.680 (36.410) --(36.410) 0.000 -0.330 --(33.980) --0.000 (33.640) (70.050) --(9.560) -(9.560) 17.200 0 17.200

10-K 2/25/2009 Complete 1,317.630 194.000 194.000 145.290 -145.290 27.690 -0.000 ----86.000 86.000 71.400 33.120 (4.770) -3.710 (15.040) -----88.420 1,859.030 (193.780) --(193.780) (423.210) 0.000 1.090 --0.000 --48.500 (373.620) (567.400) --(38.260) -(38.260) 82.430 (74.170) 8.270

10-Q 10/16/2008 Complete 1,011.950 145.120 145.120 109.930 -109.930 --0.000 ----64.020 64.020 (82.290) (64.120) 143.910 -14.390 6.760 -----18.650 1,349.670 (118.180) --(118.180) (241.190) -0.920 --0.000 --48.500 (191.770) (309.950) --(28.710) -(28.710) 72.190 0.000 72.190

10-Q 7/17/2008 Complete 639.950 97.780 97.780 72.760 -72.760 --0.000 ----42.400 42.400 (37.230) (68.150) 91.230 -34.030 42.180 -----62.050 914.930 (83.870) --(83.870) (101.550) -0.500 --0.000 --48.500 (52.550) (136.410) --(19.120) -(19.120) 42.900 0.000 42.900

10-Q 4/17/2008 Complete 276.510 50.080 50.080 37.010 -37.010 --0.000 ----20.830 20.830 (55.360) (60.260) 82.880 -(10.380) (8.150) -----(51.270) 333.160 (38.960) --(38.960) (62.570) -0.220 --0.000 --48.500 (13.840) (52.800) --(9.550) -(9.550) 27.290 0 27.290

Sale/Issuance of Preferred Repurchase/Retirement of Preferred Preferred Stock, Net Sale/Issuance of Common/Preferred Repurch./Retirement of Common/Preferred Options Exercised Warrants Converted Treasury Stock Issuance (Retirement) of Stock, Net Short Term Debt Issued Short Term Debt Reduction Short Term Debt, Net Long Term Debt Issued Long Term Debt Reduction Long Term Debt, Net Total Debt Issued Total Debt Reduction Issuance (Retirement) of Debt, Net Cash from Financing Activities Foreign Exchange Effects Net Change in Cash Net Cash - Beginning Balance Net Cash - Ending Balance Cash Interest Paid Cash Taxes Paid Reported Cash from Operating Activities Reported Cash from Investing Activities Reported Cash from Financing Activities

ROE ROA ROIC

Short-term Debt Long-Term Debt Preferred Stock Equity Common Stock Equity Invested Capital $ Revenue / $ Invested Capital LTM EBITDA

----------------17.200 8.270 -------72.650 -(259.340) 318.790 (1,092.260) ----318.790 (1,092.260) 326.420 (1,122.250) 10.040 (15.630) 583.090 153.750 392.850 239.110 975.950 392.850 16.860 72.000 33.810 390.000 -------

--------72.190 -----(1,034.890) --(1,034.890) (991.400) (0.910) 47.410 239.110 286.520 59.970 253.280 ----

--------42.900 -----(754.800) --(754.800) (731.010) (2.510) 44.990 239.110 284.100 36.590 147.450 ----

--------27.290 -----(303.180) --(303.180) (285.440) (0.210) (5.290) 239.110 233.820 19.260 27.760 ----

2009 Q1

2008 Q4

2008 Q3

2008 Q2

2008 Q1

13.4% 7.2% 8.0%

14.5% 7.5% 8.6%

16.5% 9.7% 11.3%

17.7% 9.8% 11.7%

17.6% 9.5% 11.2%

$77.2 2,840.8 -10,003.0 $12,920.9

$66.2 2,553.2 -9,808.6 $12,427.9

$316.4 2,391.3 -10,172.2 $12,879.9

$312.7 2,740.1 -10,074.3 $13,127.0

$301.1 3,204.1 -9,574.6 $13,079.9

$0.95

$1.02

$0.98

$0.93

$0.88

$1,796.5

DuPont ROE Analysis Net Income Revenue Profit Margin

$1,279 12,296 10.4%

$1,318 12,697 10.4%

$1,332 12,662 10.5%

$1,295 12,185 10.6%

$1,239 11,533 10.7%

Revenue Total Assets Asset Utilization

$12,296 17,673 0.7x

$12,697 17,490 0.7x

$12,662 17,621 0.7x

$12,185 17,995 0.7x

$11,533 17,853 0.6x

Return on Assets

7.2%

7.5%

7.6%

7.2%

6.9%

17,673 9,575 1.8x

17,490 9,086 1.9x

17,621 8,053 2.2x

17,995 7,334 2.5x

17,853 7,047 2.5x

13.4%

14.5%

16.5%

17.7%

17.6%

$5,781 $3,284 $700 $333 $411 $1,052

$5,940 $3,345 $725 $339 $432 $1,099

$5,939 $3,254 $775 $333 $450 $1,128

$5,678 $3,103 $724 $312 $432 $1,107

$5,319 $2,886 $664 $293 $430 $1,047

$77 $2,841 $10,003 $12,921

$66 $2,553 $9,809 $12,428

$316 $2,391 $10,172 $12,880

$313 $2,740 $10,074 $13,127

$301 $3,204 $9,575 $13,080

8.0%

8.6%

11.3%

11.7%

11.2%

OCF Capex FCF

$1,843 ($191) $1,651

$1,859 ($194) $1,665

$1,921 ($180) $1,741

$1,869 ($176) $1,693

$1,656 ($170) $1,486

Net Income

$1,279

$1,318

$1,332

$1,295

$1,239

FCF Conversion (FCF/NI)

129.1%

126.4%

130.7%

130.7%

120.0%

Total Assets Beginning Common Equity Leverage Return on Equity Gross Profit SG&A R&D D&A Taxes NOPAT ST debt LT debt Equity Invested Capital ROIC

2007 Q4 12/31/2007 3 Months Update 12/31/2007 10-K 2/21/2008 Complete 3,141.180 ---3,141.180 ---3,141.180 1,690.650 -1,690.650 1,450.530 769.180 --769.180 216.580 ------------------0.000 ---0.000

2007 Q3 9/28/2007 3 Months Update 9/28/2007 10-Q 10/18/2007 Complete 2,731.150 ---2,731.150 ---2,731.150 1,481.940 -1,481.940 1,249.210 655.120 --655.120 131.160 ------------------0.000 ---0.000

2007 Q2 6/29/2007 3 Months Restated 3/28/2008 10-Q 4/17/2008 Complete 2,631.890 ---2,631.890 ---2,631.890 1,430.630 -1,430.630 1,201.250 642.980 --642.980 129.720 ------------------(14.340) ---(14.340)

2007 Q1 3/30/2007 3 Months Restated 3/28/2008 10-Q 4/17/2008 Complete 2,521.700 ---2,521.700 ---2,521.700 1,381.800 -1,381.800 1,139.900 645.830 --645.830 123.960 ------------------------

2006 Q4 12/31/2006 3 Months Restated 12/31/2007 10-K 2/21/2008 Complete 2,625.390 ---2,625.390 ---2,625.390 1,445.570 -1,445.570 1,179.830 627.790 --627.790 109.830 ------------------0.000 ---0.000

2006 Q3 9/29/2006 3 Months Restated 9/28/2007 10-Q 10/18/2007 Complete 2,408.500 ---2,408.500 ---2,408.500 1,319.390 -1,319.390 1,089.100 584.560 --584.560 118.680 ------------------(0.760) ---(0.760)

2006 Q2 2006 Q1 6/30/2006 3/31/2006 6 Months 3 Months Restated Update 9/28/2007 3/31/2006 10-Q 10-Q 10/18/2007 4/20/2006 Complete Complete 4,432.170 2,143.660 ------4,432.170 2,143.660 ------4,432.170 2,143.660 2,504.040 1,226.970 --2,504.040 1,226.970 1,928.130 916.690 1,060.870 619.620 ----1,060.870 619.620 211.500 -------------------------------------(15.620) 0.000 ------(15.620) 0.000

---2,676.410 464.770 (32.790) -(32.790) 2.740 -2.740 -(30.060) ------434.710 114.490 320.230 ---320.230 -0.000 --0.000 320.230 ------320.230 320.230 315.440 1.020 1.020 2.500 322.730 334.010 0.970 0.970 0.030 ------

---2,268.220 462.930 (25.670) -(25.670) 0.820 -0.820 -(24.850) ------438.080 103.580 334.500 ---334.500 -149.220 --149.220 483.720 ------334.500 483.720 310.320 1.080 1.560 2.550 486.270 328.140 1.030 1.480 0.030 ------

---2,189.000 442.890 (23.950) -(23.950) 0.950 -0.950 -(23.000) ------419.890 112.240 307.660 ---307.660 -3.500 --3.500 311.150 ------307.660 311.150 309.470 0.990 1.010 2.480 313.630 327.740 0.950 0.960 0.030 ------

---2,151.590 370.120 (27.290) -(27.290) 1.590 -1.590 -(25.700) ------344.410 92.800 251.620 ---251.620 -3.190 --3.190 254.800 ------251.620 254.800 309.670 0.810 0.820 2.450 257.250 327.950 0.770 0.780 0.020 ------

---2,183.190 442.210 (25.810) -(25.810) 1.240 -1.240 -(24.580) ------417.630 97.620 320.010 ---320.010 -3.710 --3.710 323.720 ------320.010 323.720 308.890 1.040 1.050 3.530 327.240 327.220 0.990 1.000 0.020 ------

---2,021.870 386.630 (26.480) -(26.480) 0.940 -0.940 -(25.540) ------361.090 97.110 263.980 ---263.980 -4.100 --4.100 268.070 ------263.980 268.070 308.340 0.860 0.870 2.530 270.600 325.740 0.820 0.830 0.020 ------

------3,760.790 1,846.590 671.380 297.070 (27.080) (9.790) --(27.080) (9.790) 5.830 1.840 --5.830 1.840 --(21.250) (7.960) ------------650.130 289.110 124.900 73.390 525.220 215.720 ------525.220 215.720 --5.020 -----5.020 -530.240 215.720 ------------525.220 215.720 530.240 215.720 307.350 306.840 1.710 0.700 1.730 0.700 4.470 0.000 534.710 215.720 324.020 324.050 1.630 0.670 1.650 0.670 0.040 0.020 -----------

--9.540 --------0.000 434.710 0.000 114.490 320.230 320.230 1.020 0.970 ----22.560 32.790 -47.940 --30.140 -----216.580 -----------464.770 -------

--9.310 --------0.000 438.080 0.000 103.580 334.500 334.500 1.080 1.030 ----15.740 25.670 -42.340 --21.520 -----131.160 -----------462.930 -------

--9.240 --------(14.340) 405.560 (3.830) 108.400 297.150 297.150 0.960 0.910 ----17.620 23.950 -41.900 --21.610 -----129.720 -----------442.890 -------

--6.180 ---------344.410 -92.800 251.620 251.620 0.810 0.770 ----17.430 27.290 -41.770 --21.280 -----123.960 -----------370.120 -------

--6.160 --------0.000 417.630 0.000 97.620 320.010 320.010 1.040 0.990 -----25.810 ----------109.830 -----------442.210 -------

--6.160 --------(0.760) 360.320 (0.210) 96.910 263.420 263.420 0.850 0.820 -----26.480 -54.300 --------118.680 -----------386.630 -------

--12.270 --------(15.620) 634.510 (3.000) 121.900 512.600 512.600 1.670 1.600 -----27.080 -98.270 --------211.500 -----------671.380 -------

--6.120 --------0.000 289.110 0.000 73.390 215.720 215.720 0.700 0.670 0.000 215.720 0.700 0.670 -9.790 -36.610 --9.760 -----------------297.070 -------

2007 Q4 12/31/2007 Update 12/31/2007 10-K 2/21/2008 Complete -239.110 -239.110 --1,984.380 --1,984.380 547.740 195.330 450.540 --1,193.620 632.660 -----4,049.770 -------2,511.100 (1,402.460) 1,108.630 --9,241.010 --2,564.970 ------

2007 Q3 9/28/2007 Update 9/28/2007 10-Q 10/18/2007 Complete -209.280 -209.280 --1,826.710 --1,826.710 466.890 198.610 415.330 --1,080.830 269.230 -----3,386.050 -------2,274.990 (1,372.580) 902.410 --7,336.700 --1,844.250 ------

2007 Q2 6/29/2007 Update 6/29/2007 10-Q 7/19/2007 Complete -174.150 -174.150 --1,732.190 --1,732.190 428.920 193.400 426.550 --1,048.860 323.820 -----3,279.010 -------2,234.370 (1,346.660) 887.710 --6,879.820 --1,760.350 ------

2007 Q1 3/30/2007 Update 3/30/2007 10-Q 4/19/2007 Complete -197.560 -197.560 --1,682.870 --1,682.870 440.360 195.860 413.890 --1,050.110 375.530 -----3,306.070 -------2,180.960 (1,292.250) 888.710 --6,855.950 --1,742.140 ------

2006 Q4 12/31/2006 Reclassified 9/28/2007 10-Q 10/18/2007 Complete -317.810 -317.810 --1,654.730 --1,654.730 429.740 182.810 376.160 --988.710 475.500 -----3,436.740 -------2,135.990 (1,267.370) 868.620 --6,560.240 --1,698.320 ------

2006 Q3 9/29/2006 Update 9/29/2006 10-Q 10/19/2006 Complete -263.950 -263.950 --1,595.580 --1,595.580 444.010 195.060 381.910 --1,020.980 347.780 -----3,228.290 -------2,096.610 (1,250.160) 846.450 --6,157.210 --1,584.370 ------

2006 Q2 2006 Q1 6/30/2006 3/31/2006 Update Update 6/30/2006 3/31/2006 10-Q 10-Q 7/20/2006 4/20/2006 Complete Complete --284.730 260.820 --284.730 260.820 ----1,561.320 1,388.560 ----1,561.320 1,388.560 434.150 345.320 193.250 188.290 382.440 352.970 ----1,009.850 886.580 388.320 465.160 ----------3,244.220 3,001.130 --------------2,081.070 1,932.730 (1,225.250) (1,179.590) 855.830 753.140 ----6,361.360 4,561.310 ----1,274.700 882.100 -----------

--------------------------------507.550 305.630 339.810 295.350 300.230 206.250 176.150 156.500 507.550 305.630 339.810 295.350 300.230 206.250 176.150 156.500 17,471.940 13,775.040 13,146.690 13,088.220 12,864.150 12,022.570 11,912.260 9,354.180 1,125.600 1,016.020 987.800 949.340 932.870 844.470 820.960 807.250 --------1,443.770 1,056.040 1,015.620 1,118.640 1,515.990 1,506.400 1,435.790 1,341.370 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 330.480 20.360 25.370 30.510 10.860 13.810 280.340 6.590 ------------------------------------------------------------------------2,899.850 2,092.420 2,028.790 2,098.500 2,459.710 2,364.680 2,537.090 2,155.210 3,395.760 1,926.850 2,133.200 2,294.830 2,422.860 2,261.540 2,382.720 863.950 --------3,395.760 1,926.850 2,133.200 2,294.830 2,422.860 2,261.540 2,382.720 863.950 3,726.240 1,947.210 2,158.580 2,325.340 2,433.720 2,275.360 2,663.060 870.540 ----------------------------------------2,090.630 1,702.420 1,650.640 1,648.150 1,336.920 1,244.950 1,132.930 960.690 --------2,090.630 1,702.420 1,650.640 1,648.150 1,336.920 1,244.950 1,132.930 960.690 8,386.250 5,721.690 5,812.640 6,041.480 6,219.490 5,871.170 6,052.740 3,979.850 ----------------------------------------------------------------3.530 3.450 3.430 3.420 3.410 3.410 3.400 3.390 --------3.530 3.450 3.430 3.420 3.410 3.410 3.400 3.390 1,718.720 1,125.990 1,006.850 1,081.630 1,027.450 989.650 951.830 904.020 6,820.760 6,510.070 6,035.660 5,733.750 5,421.810 5,104.260 4,842.340 4,533.970 -------------------------------------------------

542.690 413.850 288.120 227.950 191.990 54.090 61.950 (67.050) 542.690 413.850 288.120 227.950 191.990 54.090 61.950 (67.050) 9,085.690 8,053.350 7,334.060 7,046.740 6,644.660 6,151.400 5,859.520 5,374.330 17,471.940 13,775.040 13,146.690 13,088.220 12,864.150 12,022.570 11,912.260 9,354.180 317.980 310.400 308.180 309.200 308.240 307.800 340.310 306.400 ------------------------317.980 310.400 308.180 309.200 308.240 307.800 340.310 306.400 34.620 ---32.980 -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------2007 Q4 12/31/2007 12 Months Update 12/31/2007

2007 Q3 9/28/2007 9 Months Reclassified 9/26/2008

2007 Q2 6/29/2007 6 Months Reclassified 6/27/2008

2007 Q1 3/30/2007 3 Months Reclassified 3/28/2008

2006 Q4 12/31/2006 12 Months Reclassified 12/31/2007

2006 Q3 9/29/2006 9 Months Reclassified 9/28/2007

2006 Q2 6/30/2006 6 Months Update 6/30/2006

2006 Q1 3/31/2006 3 Months Update 3/31/2006

10-K 2/21/2008 Complete 1,369.900 173.940 173.940 94.550 -94.550 29.870 -(209.440) ----73.350 (136.090) (72.560) 38.090 38.600 -103.800 5.660 -----113.600 1,645.780 (162.070) --(162.070) (3,576.560) 301.280 15.540 --(23.220) --(0.720) (3,283.690) (3,445.760) --(34.280) -(34.280) 733.030 (117.490) 615.540

10-Q 10/16/2008 Complete 1,049.680 126.000 126.000 64.410 -64.410 --(209.440) ----50.790 (158.650) (73.320) (35.770) 158.480 -35.010 (91.380) -----(6.980) 1,074.460 (100.190) --(100.190) (790.600) -14.120 --(23.220) --298.920 (500.780) (600.970) --(24.740) -(24.740) 165.270 (117.490) 47.780

10-Q 7/17/2008 Complete 565.960 83.660 83.660 42.890 -42.890 --(2.320) ----35.050 32.730 (22.680) (10.920) 90.750 -11.930 (102.660) -----(33.570) 691.660 (69.670) --(69.670) (349.760) -11.740 --(23.220) --(0.720) (361.950) (431.620) --(15.420) -(15.420) 61.850 (117.490) (55.640)

10-Q 10-K 10-Q 10-Q 4/17/2008 2/21/2008 10/18/2007 7/20/2006 Complete Complete Complete Complete 254.800 1,122.030 798.310 530.240 41.770 151.520 152.570 98.270 41.770 151.520 152.570 98.270 21.280 64.170 ------21.280 64.170 0 0 -24.150 ------(2.900) 3.700 2.920 -----------------17.430 67.190 49.520 29.570 14.530 70.890 52.440 29.570 13.270 (48.260) (27.920) 4.860 (23.330) 3.680 (47.440) (40.210) 27.720 (14.960) 96.040 79.730 ----(18.430) 75.930 0.000 (19.720) (8.720) 98.090 60.060 (31.100) --------------------(9.480) 114.480 80.730 (6.440) 322.900 1,547.250 1,084.050 651.630 (31.170) (136.410) (98.570) (59.320) --------(31.170) (136.410) (98.570) (59.320) (297.020) (2,656.040) (2,173.180) (2,126.920) -98.490 --0.240 9.990 7.870 3.140 ---------(84.100) (84.100) (84.100) --------(0.270) (1.300) 97.770 98.490 (297.050) (2,632.960) (2,151.650) (2,109.400) (328.220) (2,769.370) (2,250.220) (2,168.720) --------(6.180) (24.590) (18.430) (12.270) ----(6.180) (24.590) (18.430) (12.270) 36.760 98.420 78.270 60.410 -0.000 0.000 0.000 36.760 98.420 78.270 60.410

10-Q 4/20/2006 Complete 215.720 36.610 36.610 9.760 -9.760 -------13.700 13.700 42.880 (46.890) -35.890 15.300 14.250 -----61.430 337.220 (27.580) --(27.580) (128.120) -0.650 --(84.100) ---(211.570) (239.150) --(6.120) -(6.120) 28.450 -28.450

--------615.540 647.760 -647.760 493.710 (10.560) 483.140 --1,130.900 1,712.170 9.110 (78.700) 317.810 239.110 95.000 335.000 ----

--------47.780 -----(610.460) --(610.460) (587.410) 5.390 (108.530) 317.810 209.280 39.460 295.500 ----

--------(55.640) -----(331.730) --(331.730) (402.800) (0.910) (143.670) 317.810 174.150 29.070 212.400 ----

--------36.760 -----(145.220) --(145.220) (114.650) (0.270) (120.250) 317.810 197.560 11.600 26.460 ----

--------98.420 846.900 -846.900 757.490 (459.370) 298.120 --1,145.020 1,218.840 5.540 2.260 315.550 317.810 48.000 204.000 ----

--------78.270 -----1,050.660 --1,050.660 1,110.500 4.060 (51.600) 315.550 263.950 30.610 128.850 ----

--------60.410 ---4,548.080 (3,114.370) 1,433.720 --1,433.720 1,481.850 4.410 (30.820) 315.550 284.730 15.630 71.640 ----

--------28.450 ---119.560 -(176.620) --(176.620) (154.290) 1.490 (54.730) 315.550 260.820 1.920 (2.780) ----

2007 Q4

2007 Q3

2007 Q2

2007 Q1

2006 Q4

2006 Q3

2006 Q2

2006 Q1

18.3% 9.4% 11.4%

19.7% 10.1% 12.4%

19.5% 9.6% 11.5%

25.3% 14.5% 19.4%

26.1% 14.5% 19.1%

25.2% 13.9% 18.5%

25.4% 14.1% 17.7%

19.5% 10.7% 13.0%

$330.5 3,395.8 -9,085.7 $12,811.9

$20.4 1,926.9 -8,053.4 $10,000.6

$25.4 2,133.2 -7,334.1 $9,492.6

$30.5 2,294.8 -7,046.7 $9,372.1

$10.9 2,422.9 -6,644.7 $9,078.4

$13.8 2,261.5 -6,151.4 $8,426.8

$280.3 2,382.7 -5,859.5 $8,522.6

$6.6 864.0 -5,374.3 $6,244.9

$0.86

$1.05

$1.07

$1.28

$1.28

$1.33

$1.27

$1.33

$1,214 11,026 11.0%

$1,214 10,510 11.5%

$1,143 10,187 11.2%

$1,361 11,988 11.4%

$1,325 11,610 11.4%

$1,257 11,248 11.2%

$1,221 10,806 11.3%

$925 8,302 11.1%

$11,026 17,472 0.6x

$10,510 13,775 0.8x

$10,187 13,147 0.8x

$11,988 13,088 0.9x

$11,610 12,864 0.9x

$11,248 12,023 0.9x

$10,806 11,912 0.9x

$8,302 9,354 0.9x

6.9%

8.8%

8.7%

10.4%

10.3%

10.5%

10.3%

9.9%

17,472 6,645 2.6x

13,775 6,151 2.2x

13,147 5,860 2.2x

13,088 5,374 2.4x

12,864 5,080 2.5x

12,023 4,994 2.4x

11,912 4,801 2.5x

9,354 4,739 2.0x

18.3%

19.7%

19.5%

25.3%

26.1%

25.2%

25.4%

19.5%

$5,041 $2,713 $601 $268 $423 $1,035

$4,770 $2,572 $495 $254 $406 $1,044

$4,610 $2,501 $482 $244 $400 $983

$5,337 $2,919 $564 $232 $412 $1,209

$5,114 $2,893 $440 $216 $393 $1,172

$4,906 $2,871 $330 $194 $389 $1,122

$4,665 $2,810 $212 $183 $377 $1,083

$3,587 $2,287 $0 $176 $339 $785

$330 $3,396 $9,086 $12,812

$20 $1,927 $8,053 $10,001

$25 $2,133 $7,334 $9,493

$31 $2,295 $7,047 $9,372

$11 $2,423 $6,645 $9,078

$14 $2,262 $6,151 $8,427

$280 $2,383 $5,860 $8,523

$7 $864 $5,374 $6,245

11.4%

12.4%

11.5%

19.4%

19.1%

18.5%

17.7%

13.0%

$1,646 ($162) $1,484

$1,538 ($138) $1,400

$1,587 ($147) $1,441

$1,533 ($140) $1,393

$1,547 ($136) $1,411

$1,385 ($131) $1,254

$1,261 ($122) $1,139

$1,229 ($121) $1,108

$1,214

$1,214

$1,143

$1,361

$1,325

$1,257

$1,221

$925

122.2%

115.3%

126.0%

102.4%

106.5%

99.8%

93.2%

119.7%

2005 Q4 2005 Q3 2005 Q2 2005 Q1 12/31/2005 9/30/2005 7/1/2005 4/1/2005 3 Months 3 Months 3 Months 3 Months Update Update Update Update 12/31/2005 9/30/2005 7/1/2005 4/1/2005 10-K 10-Q 10-Q 10-Q 3/15/2006 10/20/2005 7/21/2005 4/21/2005 Complete Complete Complete Complete 2,263.750 1,966.380 1,928.630 1,825.950 ------------2,263.750 1,966.380 1,928.630 1,825.950 ------------2,263.750 1,966.380 1,928.630 1,825.950 1,291.400 1,118.500 1,079.020 1,050.760 ----1,291.400 1,118.500 1,079.020 1,050.760 972.360 847.870 849.600 775.180 606.300 523.610 537.160 508.680 --------606.300 523.610 537.160 508.680 ----------------------------------------------------------------------------13.930 4.580 (8.580) (5.340) ------------13.930 4.580 (8.580) (5.340)

2004 Q4 12/31/2004 3 Months Update 12/31/2004 10-K 3/7/2005 Complete 1,979.580 ---1,979.580 ---1,979.580 1,143.880 -1,143.880 835.700 521.740 --521.740 ------------------0.000 (2.040) ---(2.040)

2004 Q3 2004 Q2 10/1/2004 7/2/2004 3 Months 3 Months Update Update 10/1/2004 7/2/2004 10-Q 10-Q 10/21/2004 7/22/2004 Complete Complete 1,745.290 1,621.250 ------1,745.290 1,621.250 ------1,745.290 1,621.250 1,005.290 935.540 --1,005.290 935.540 739.990 685.710 452.130 414.830 ----452.130 414.830 --------------------------------------(4.050) (1.360) ------(4.050) (1.360)

------------1,911.630 1,646.690 1,607.610 1,554.110 352.130 319.680 321.020 271.840 (9.430) (9.200) (12.820) (13.490) ----(9.430) (9.200) (12.820) (13.490) 2.660 3.050 7.680 1.320 ----2.660 3.050 7.680 1.320 ----(6.770) (6.150) (5.130) (12.170) ------------------------345.360 313.530 315.890 259.660 93.660 84.710 86.870 71.410 251.700 228.820 229.020 188.260 ------------251.700 228.820 229.020 188.260 --------------------251.700 228.820 229.020 188.260 ------------------------251.700 228.820 229.020 188.260 251.700 228.820 229.020 188.260 306.510 309.590 309.640 309.880 0.820 0.740 0.740 0.610 0.820 0.740 0.740 0.610 4.380 2.210 2.190 2.230 256.080 231.030 231.210 190.490 325.200 328.630 328.720 329.390 0.790 0.700 0.700 0.580 0.790 0.700 0.700 0.580 0.020 0.020 0.020 0.020 ---------------------

---1,663.580 316.000 (14.200) -(14.200) 2.710 -2.710 -(11.490) ------304.520 86.790 217.730 ---217.730 -----217.730 ------217.730 217.730 309.500 0.700 0.700 2.170 219.900 329.080 0.670 0.670 0.020 ------

---1,453.360 291.920 (13.620) -(13.620) 2.530 -2.530 -(11.090) ------280.830 80.040 200.790 ---200.790 -----200.790 ------200.790 200.790 309.130 0.650 0.650 2.160 202.950 327.970 0.620 0.620 0.020 ------

---1,349.000 272.240 (12.720) -(12.720) 0.810 -0.810 -(11.910) ------260.330 78.100 182.230 ---182.230 -----182.230 ------182.230 182.230 308.830 0.590 0.590 2.140 184.380 327.270 0.560 0.560 0.020 ------

--6.110 --------13.930 359.290 3.780 97.430 261.860 261.860 0.850 0.820 9.270 242.430 0.790 0.750 -9.430 -43.350 ----------------------------

--6.180 --------4.580 318.110 1.240 85.950 232.160 232.160 0.750 0.710 8.220 220.610 0.710 0.680 -9.200 -43.500 ----------------------------

--4.630 --------(8.580) 307.310 (2.360) 84.510 222.800 222.800 0.720 0.680 6.100 222.920 0.720 0.680 -12.820 -44.390 ----------------------------

--4.640 --------(5.340) 254.330 (1.470) 69.940 184.390 184.390 0.600 0.570 5.910 182.340 0.590 0.560 -13.490 -45.740 ----------------------------

--4.630 --------(2.040) 302.480 (0.580) 86.200 216.270 216.270 0.700 0.660 7.170 210.560 0.680 0.640 -14.200 -38.890 ----------------------------

--4.630 --------(4.050) 276.780 (1.160) 78.880 197.890 197.890 0.640 0.610 7.080 193.720 0.630 0.600 -13.620 -41.080 ----------------------------

--4.620 --------(1.360) 258.970 (0.410) 77.690 181.280 181.280 0.590 0.560 7.260 174.980 0.570 0.540 -15.200 -38.250 ----------------------------

2005 Q4 2005 Q3 2005 Q2 2005 Q1 12/31/2005 9/30/2005 7/1/2005 4/1/2005 Reclassified Update Update Update 6/30/2006 9/30/2005 7/1/2005 4/1/2005 10-Q 10-Q 10-Q 10-Q 7/20/2006 10/20/2005 7/21/2005 4/21/2005 Complete Complete Complete Complete ----315.550 275.620 808.660 673.070 ----315.550 275.620 808.660 673.070 --------1,407.860 1,364.320 1,176.580 1,164.670 --------1,407.860 1,364.320 1,176.580 1,164.670 314.770 345.860 284.450 303.230 178.630 168.540 154.600 152.940 331.860 363.920 313.660 291.000 --------825.260 878.330 752.710 747.170 396.350 281.670 302.210 332.040 --------------------2,945.020 2,799.940 3,040.150 2,916.960 ----------------------------1,878.950 1,860.920 1,803.340 1,824.950 (1,130.780) (1,123.000) (1,097.000) (1,094.000) 748.170 737.920 706.340 730.950 --------4,474.990 4,474.700 4,052.280 4,098.050 --------834.150 852.900 742.490 765.410 ---------------------

2004 Q4 2004 Q3 2004 Q2 12/31/2004 10/1/2004 7/2/2004 Update Update Update 12/31/2004 10/1/2004 7/2/2004 10-K 10-Q 10-Q 3/7/2005 10/21/2004 7/22/2004 Complete Complete Complete ---609.120 531.610 303.290 ---609.120 531.610 303.290 ------1,231.070 1,110.280 1,094.030 ------1,231.070 1,110.280 1,094.030 281.330 331.760 328.530 138.260 161.860 167.930 284.410 293.100 287.300 ------704.000 786.720 783.750 374.510 260.800 280.570 ---------------2,918.690 2,689.410 2,461.640 ---------------------1,768.000 1,723.300 1,723.160 (1,015.040) (1,008.000) (996.000) 752.970 715.300 727.160 ------3,970.270 3,786.040 3,856.560 ------760.260 654.430 556.830 ----------------

----160.780 160.780 9,163.110 782.850 -1,301.780 0.000 183.950 ---------2,268.590 857.770 -857.770 1,041.720 -----956.400 -956.400 4,082.760 --------3.390 -3.390 861.880 4,324.370 -------

----157.620 157.620 9,023.080 719.830 -1,360.930 0.000 118.810 ---------2,199.560 935.650 -935.650 1,054.460 -----893.710 -893.710 4,028.930 --------3.380 -3.380 998.420 4,078.780 -------

----124.870 124.870 8,666.140 654.380 -1,206.110 0.000 371.720 ---------2,232.200 931.480 -931.480 1,303.200 -----701.120 -701.120 3,864.800 --------3.380 -3.380 1,031.120 3,856.130 -------

----111.340 111.340 8,622.700 647.050 -1,163.490 0.000 396.400 ---------2,206.930 927.540 -927.540 1,323.930 -----749.310 -749.310 3,883.770 --------3.370 -3.370 1,067.290 3,631.740 -------

----91.710 91.710 8,493.890 612.070 -1,165.460 0.000 424.760 ---------2,202.290 925.540 -925.540 1,350.300 -----746.390 -746.390 3,874.210 --------3.370 -3.370 1,052.150 3,448.120 -------

----77.300 77.300 7,922.470 578.610 -1,110.090 0.000 389.750 ---------2,078.460 918.390 -918.390 1,308.140 -----740.940 -740.940 3,737.790 --------3.370 -3.370 1,037.760 3,235.030 -------

----81.020 81.020 7,683.210 586.990 -1,098.370 0.000 18.320 ---------1,703.680 1,282.310 -1,282.310 1,300.630 -----713.820 -713.820 3,699.810 --------3.360 -3.360 1,024.790 3,038.860 -------

(109.280) (86.430) (89.290) 36.530 (109.280) (86.430) (89.290) 36.530 5,080.350 4,994.150 4,801.340 4,738.930 9,163.110 9,023.080 8,666.140 8,622.700 305.570 309.590 308.600 309.200 ------------305.570 309.590 308.600 309.200 32.980 ------------------------------------------------------------------------------------------------------------------------------------------------------------

116.040 116.040 4,619.680 8,493.890 308.920 ---308.920 28.030 ---------------------------------------

(91.470) (91.470) 4,184.680 7,922.470 308.620 ---308.620 ----------------------------------------

(83.610) (83.610) 3,983.400 7,683.210 308.270 ---308.270 ----------------------------------------

2005 Q4 12/31/2005 12 Months Reclassified 12/31/2007

2004 Q4 12/31/2004 12 Months Reclassified 12/31/2006

2004 Q3 10/1/2004 9 Months Update 10/1/2004

2004 Q2 7/2/2004 6 Months Update 7/2/2004

2005 Q3 9/30/2005 9 Months Update 9/30/2005

2005 Q2 2005 Q1 7/1/2005 4/1/2005 6 Months 3 Months Update Reclassified 7/1/2005 3/31/2006

10-K 10-Q 2/21/2008 10/20/2005 Complete Complete 897.800 646.100 139.240 133.630 139.240 133.630 36.000 ---36.000 0 102.910 ---2.340 ---------7.500 -9.850 -(66.530) (14.140) (20.610) (81.760) (38.260) 62.990 --136.320 71.410 7.090 84.230 ----------18.000 122.730 1,203.800 902.450 (119.730) (87.150) ----(119.730) (87.150) (885.080) (812.290) 22.100 -18.780 15.500 ----0.000 0.000 ----(1.470) 22.100 (845.670) (774.700) (965.410) (861.850) ----(21.550) (15.440) --(21.550) (15.440) 59.930 37.740 (257.700) (96.700) (197.770) (58.960)

10-Q 7/21/2005 Complete 417.280 90.130 90.130 --0 -------4.320 4.320 36.690 (54.130) 36.610 -53.930 9.760 -----82.860 594.590 (56.920) --(56.920) (296.030) -9.010 --0.000 --22.100 (264.910) (321.830) --(9.270) -(9.270) 24.230 (49.580) (25.350)

10-Q 10-K 10-Q 10-Q 4/20/2006 3/1/2007 10/21/2004 7/22/2004 Complete Complete Complete Complete 188.260 746.000 528.270 327.480 45.740 129.490 117.240 76.160 45.740 129.490 117.240 76.160 -26.640 ------0 26.640 0 0 -176.060 --------------------------2.050 8.100 --2.050 8.100 --70.400 (110.010) (49.770) (38.460) (32.140) 65.530 (44.280) (45.240) -(25.360) 97.910 67.580 20.820 ---32.640 65.320 57.930 67.450 (15.780) (48.540) 61.790 43.780 --------------------75.950 (53.070) 123.590 95.110 311.990 1,033.220 769.100 498.750 (25.950) (115.910) (70.120) (43.160) --------(25.950) (115.910) (70.120) (43.160) (213.880) (1,591.720) (1,373.250) (1,343.920) -43.100 0.000 0.000 6.380 30.890 20.060 11.250 ---------0.000 ------------0.000 -(207.500) (1,517.730) (1,353.190) (1,332.670) (233.450) (1,633.630) (1,423.300) (1,375.830) --------(4.640) (17.730) (13.100) (8.470) ----(4.640) (17.730) (13.100) (8.470) 13.080 45.960 33.940 23.230 -0.000 0.000 0.000 13.080 45.960 33.940 23.230

--------(197.770) 0.000 -0.000 355.750 (647.990) (292.240) --(292.240) (511.560) (20.400) (293.560) 609.120 315.550 43.000 168.000 ----

--------(58.960) ---222.480 -(277.920) --(277.920) (352.320) (21.780) (333.490) 609.120 275.620 37.310 119.150 ----

--------(25.350) ---0.000 (9.430) (9.430) --(9.430) (44.050) (29.170) 199.540 609.120 808.660 13.670 86.070 ----

--------13.080 -----(8.870) --(8.870) (0.430) (14.160) 63.960 609.120 673.070 2.080 27.480 ----

--------45.960 0.000 -0.000 130.000 (196.280) (66.280) --(66.280) (38.060) 17.430 (621.040) 1,230.160 609.120 46.200 126.900 ----

--------33.940 ---130.000 -(62.660) --(62.660) (41.820) (2.520) (698.550) 1,230.160 531.610 37.050 74.360 ----

--------23.230 ---130.000 -(60.560) --(60.560) (45.810) (3.980) (926.870) 1,230.160 303.290 12.680 49.790 ----

2005 Q4

2005 Q3

2005 Q2

2005 Q1

2004 Q4

2004 Q3

2004 Q2

19.4% 10.6% 12.7%

20.6% 10.9% 13.0%

21.0% 10.9% 13.0%

$184.0 857.8 -5,080.4 $6,122.1

$118.8 935.7 -4,994.2 $6,048.6

$371.7 931.5 -4,801.3 $6,104.5

$396.4 927.5 -4,738.9 $6,062.9

$424.8 925.5 -4,619.7 $5,970.0

$389.8 918.4 -4,184.7 $5,492.8

$18.3 1,282.3 -3,983.4 $5,284.0

$1.30

$1.27

$1.23

$898 7,985 11.2%

$864 7,701 11.2%

$836 7,479 11.2%

$7,985 9,163 0.9x

$7,701 9,023 0.9x

$7,479 8,666 0.9x

9.8%

9.6%

9.6%

9,163 4,620 2.0x

9,023 4,185 2.2x

8,666 3,983 2.2x

19.4%

20.6%

21.0%

$3,445 $2,176 $0 $175 $337 $757

$3,308 $2,091 $0 $173 $330 $715

$3,200 $2,020 $0 $170 $325 $686

$184 $858 $5,080 $6,122

$119 $936 $4,994 $6,049

$372 $931 $4,801 $6,105

12.7%

13.0%

13.0%

$1,204 ($120) $1,084

$1,167 ($133) $1,034

$1,129 ($130) $999

$898

$864

$836

120.7%

119.7%

119.6%

$396 $928 $4,739 $6,063

$425 $926 $4,620 $5,970

$390 $918 $4,185 $5,493

$18 $1,282 $3,983 $5,284

All Financial Reports

ITT Corp Income Statement - Annual Standardised in Millions of US Dollar Fiscal Period: Period End Date: Period Length: Update Type: Update Date: Source Source Date: Complete Statement: Auditor Code: Net Sales Gross Revenue Sales Returns and Allowances Excise Tax Receipts Revenue Interest Income, Non-Bank Other Revenue Other Revenue, Total Total Revenue Cost of Revenue Excise Taxes Payments Cost of Revenue, Total Gross Profit Selling/General/Administrative Expense Labor & Related Expense Advertising Expense Selling/General/Admin. Expenses, Total Research & Development Depreciation Amortization of Intangibles Amortization of Acquisition Costs Depreciation/Amortization Interest Expense - Operating Interest Capitalized - Operating Interest Expense, Net - Operating Interest Income - Operating Investment Income - Operating Interest/Investment Income - Operating Interest Expense(Income) - Net Operating Interest Exp.(Inc.),Net-Operating, Total Purchased R&D Written-Off Restructuring Charge Litigation Impairment-Assets Held for Use Impairment-Assets Held for Sale Other Unusual Expense (Income) Unusual Expense (Income) Foreign Currency Adjustment Unrealized Losses (Gains) Minimum Pension Liability Adjustment

2008 12/31/2008 12 Months Update 12/31/2008 10-K 2/25/2009 Complete DT 11,694.800 ---11,694.800 ---11,694.800 8,439.400 -8,439.400 3,255.400 1,723.500 --1,723.500 244.300 -------------77.500 ----77.500 ----

2007 12/31/2007 12 Months Update 12/31/2007 10-K 2/28/2008 Complete EY 9,003.300 ---9,003.300 ---9,003.300 6,435.000 -6,435.000 2,568.300 1,342.700 --1,342.700 182.300 -------------66.100 ----66.100 ----

2006 12/31/2006 12 Months Update 12/31/2006 10-K 2/28/2007 Complete DT 7,807.900 ---7,807.900 ---7,807.900 5,618.400 -5,618.400 2,189.500 1,175.900 --1,175.900 160.900 -------------51.700 ----51.700 ----

2005 2004 12/31/2005 12/31/2004 12 Months 12 Months Restated Restated 12/31/2006 12/31/2006 10-K 10-K 2/28/2007 2/28/2007 Complete Complete DT DT 7,040.800 5,965.500 ------7,040.800 5,965.500 ------7,040.800 5,965.500 5,072.600 4,297.100 --5,072.600 4,297.100 1,968.200 1,668.400 1,032.000 924.600 ----1,032.000 924.600 156.800 126.700 --------------------------53.900 29.300 --------53.900 29.300 -------

Loss(Gain) on Sale of Assets - Operating Other Operating Expense Other, Net Other Operating Expenses, Total Total Operating Expense Operating Income Interest Expense - Non-Operating Interest Capitalized - Non-Operating Interest Expense, Net Non-Operating Interest Income - Non-Operating Investment Income - Non-Operating Interest/Invest Income - Non-Operating Interest Income(Exp), Net Non-Operating Interest Inc.(Exp.),Net-Non-Op., Total Gain (Loss) on Sale of Assets Foreign Currency Adjustment Unrealized Gains (Losses) Minimum Pension Liability Adjustment Other Non-Operating Income (Expense) Other, Net Net Income Before Taxes Provision for Income Taxes Net Income After Taxes Minority Interest Equity In Affiliates U.S. GAAP Adjustment Net Income Before Extra. Items Accounting Change Discontinued Operations Extraordinary Item Tax on Extraordinary Items Total Extraordinary Items Net Income Preferred Dividends General Partners' Distributions Miscellaneous Earnings Adjustment Pro Forma Adjustment Interest Adjustment - Primary EPS Total Adjustments to Net Income Income Available to Com Excl ExtraOrd Income Available to Com Incl ExtraOrd Basic Weighted Average Shares Basic EPS Excluding Extraordinary Items Basic EPS Including Extraordinary Items Dilution Adjustment Diluted Net Income Diluted Weighted Average Shares Diluted EPS Excluding ExtraOrd Items Diluted EPS Including ExtraOrd Items DPS - Common Stock Primary Issue Dividends per Share - Com Stock Issue 2 Dividends per Share - Com Stock Issue 3 Dividends per Share - Com Stock Issue 4 Special DPS - Common Stock Primary Issue

----10,484.700 1,210.100 (140.800) -(140.800) 31.300 -31.300 -(109.500) ----(13.100) (13.100) 1,087.500 312.300 775.200 ---775.200 -19.500 --19.500 794.700 ------775.200 794.700 180.700 4.290 4.400 0.000 794.700 183.400 4.230 4.330 0.700 -----

------------8,026.100 7,006.900 6,315.300 977.200 801.000 725.500 (114.900) (86.200) (75.000) ---(114.900) (86.200) (75.000) 49.600 25.400 42.700 ---49.600 25.400 42.700 ---(65.300) (60.800) (32.300) ------------(13.400) (12.900) (19.700) (13.400) (12.900) (19.700) 898.500 727.300 673.500 265.500 227.600 144.700 633.000 499.700 528.800 ---------633.000 499.700 528.800 0.000 0.000 (6.500) 109.100 81.400 (162.800) ------109.100 81.400 (169.300) 742.100 581.100 359.500 ------------------633.000 499.700 528.800 742.100 581.100 359.500 180.600 184.300 184.600 3.500 2.710 2.860 4.110 3.150 1.950 0.000 0.000 -742.100 581.100 359.500 184.000 187.400 188.500 3.440 2.670 2.810 4.030 3.100 1.910 0.560 0.440 0.360 -------------

----5,377.700 587.800 (50.400) -(50.400) 22.500 20.800 43.300 -(7.100) ----(17.700) (17.700) 563.000 154.800 408.200 ---408.200 0.000 24.100 --24.100 432.300 ------408.200 432.300 184.600 2.210 2.340 -432.300 188.800 2.160 2.290 0.340 -----

Special DPS - Common Stock Issue 2 Special DPS - Common Stock Issue 3 Special DPS - Common Stock Issue 4 Gross Dividends - Common Stock (Gain) Loss on Sale of Assets, Suppl. Impairment-Assets Held for Sale, Suppl. Impairment-Assets Held for Use, Suppl. Litigation Charge, Supplemental Purchased R&D Written-Off, Supplemental Restructuring Charge, Supplemental Other Unusual Expense(Income), Suppl. Non-Recurring Items, Supplemental, Total Total Special Items Normalized Income Before Taxes Effect of Special Items on Income Taxes Inc Tax Ex Impact of Sp Items Normalized Income After Taxes Normalized Inc. Avail to Com. Basic Normalized EPS Diluted Normalized EPS Pro Forma Stock Compensation Expense Net Income after Stock Based Comp. Exp. Basic EPS after Stock Based Comp. Exp. Diluted EPS after Stock Based Comp. Exp. Stock-Based Compensation, Supplemental Interest Expense, Supplemental Interest Capitalized, Supplemental Depreciation, Supplemental Funds From Operations - REIT Amort of Acquisition Costs, Supplemental Amort of Intangibles, Supplemental Rental Expense, Supplemental EPS, Supplemental Advertising Expense, Supplemental Equity in Affiliates, Supplemental Minority Interest, Supplemental Research & Development Exp, Supplemental Audit Fees Audit-Related Fees Tax Fees All Other Fees Reported Recurring Revenue Reported Net Premiums Written Reported Total Revenue Reported Operating Revenue Reported Total Cost of Revenue Reported Total Sales, General & Admin. Reported Gross Profit Reported Operating Profit Reported Operating Profit Margin Reported Ordinary Profit Reported Net Income After Tax Reported Basic EPS Reported Diluted EPS

---127.300 --------77.500 1,165.000 22.260 334.560 830.440 830.440 4.600 4.530 ----30.800 140.800 -178.300 --100.000 133.300 ----244.300 10.840 1.030 1.010 0.000 -------1,210.100 ------

---101.700 --------66.100 964.600 19.530 285.030 679.570 679.570 3.760 3.690 ----34.600 114.900 -150.100 --35.300 99.200 ----182.300 8.640 0.950 0.660 0.000 -------977.200 ------

---81.300 --------51.700 779.000 16.180 243.780 535.220 535.220 2.900 2.860 ----22.900 86.200 -144.900 --26.700 85.100 ----160.900 7.730 2.960 0.440 0.000 --------------

---66.500 --------53.900 727.400 11.580 156.280 571.120 571.120 3.090 3.030 25.900 333.600 1.810 1.770 -75.000 -152.900 --21.500 81.600 ----156.800 7.450 1.850 0.780 0.010 --------------

---62.800 --------29.300 592.300 8.060 162.860 429.440 429.440 2.330 2.270 22.200 410.200 2.220 2.170 -50.400 -142.600 --10.400 80.300 ----126.700 ------------------

Reported Net Business Profits

--

--

--

--

--

2008 12/31/2008 Update 12/31/2008 10-K 2/25/2009 Complete DT -964.900 -964.900 1,909.400 (41.200) 1,868.200 -92.900 1,961.100 196.200 323.000 365.500 (80.900) -803.800 --203.400 -131.000 334.400 4,064.200 575.900 59.000 1,851.100 132.400 --82.300 2,700.700 (1,706.800) 993.900 --3,831.300 817.200 (200.700) 616.500 8.400 -8.400

2007 12/31/2007 Reclassified 12/31/2008 10-K 2/25/2009 Complete DT -1,840.000 -1,840.000 1,843.300 (36.200) 1,807.100 -127.900 1,935.000 209.400 304.000 470.800 (96.600) -887.600 --105.900 -161.300 267.200 4,929.800 573.300 58.700 1,831.400 93.300 --76.500 2,633.200 (1,652.900) 980.300 --3,829.700 835.100 (102.100) 733.000 9.300 -9.300

2006 12/31/2006 Restated 12/31/2007 10-K 2/28/2008 Complete DT -937.100 -937.100 1,225.700 (31.300) 1,194.400 -94.500 1,288.900 202.900 266.700 338.900 (82.000) -726.500 --79.800 183.200 102.800 365.800 3,318.300 495.300 51.300 1,649.300 93.400 --62.700 2,352.000 (1,519.000) 833.000 --2,336.800 281.400 (68.200) 213.200 ----

2005 12/31/2005 Restated 12/31/2006 10-K 2/28/2007 Complete DT -451.000 -451.000 1,086.500 (34.100) 1,052.400 -145.300 1,197.700 151.900 265.400 287.700 (82.100) -622.900 --73.700 474.400 66.900 615.000 2,886.600 454.000 54.800 1,529.200 67.800 --52.700 2,158.500 (1,376.500) 782.000 --2,227.300 251.800 (40.300) 211.500 ----

2004 12/31/2004 Restated 12/31/2005 10-K 3/10/2006 Complete DT -262.900 -262.900 1,063.400 (33.800) 1,029.600 -81.300 1,110.900 181.300 284.300 319.100 (99.000) -685.700 --107.100 262.000 59.700 428.800 2,488.300 478.100 62.000 1,768.400 60.700 --57.900 2,427.100 (1,555.100) 872.000 --2,492.000 255.600 (18.800) 236.800 ----

Balance Sheet (Differentiates) Annual - Standardised in Millions of US Dollar Fiscal Period: Period End Date: Update Type: Update Date: Source Source Date: Complete Statement: Auditor Code: Cash Cash & Equivalents Short Term Investments Cash and Short Term Investments Accounts Receivable - Trade, Gross Provision for Doubtful Accounts Accounts Receivable - Trade, Net Notes Receivable - Short Term Receivables - Other Total Receivables, Net Inventories - Finished Goods Inventories - Work In Progress Inventories - Raw Materials Inventories - Other LIFO Reserve Total Inventory Prepaid Expenses Restricted Cash - Current Deferred Income Tax - Current Asset Discountinued Operations - Current Asset Other Current Assets Other Current Assets, Total Total Current Assets Buildings - Gross Land/Improvements - Gross Machinery/Equipment - Gross Construction in Progress - Gross Leases - Gross Natural Resources - Gross Other Property/Plant/Equipment - Gross Property/Plant/Equipment, Total - Gross Accumulated Depreciation, Total Property/Plant/Equipment, Total - Net Goodwill - Gross Accumulated Goodwill Amortization Goodwill, Net Intangibles - Gross Accumulated Intangible Amortization Intangibles, Net LT Investment - Affiliate Companies LT Investments - Other Long Term Investments

Note Receivable - Long Term Deferred Charges Pension Benefits - Overfunded Defered Income Tax - Long Term Asset Discontinued Operations - LT Asset Restricted Cash - Long Term Other Long Term Assets Other Long Term Assets, Total Total Assets Accounts Payable Payable/Accrued Accrued Expenses Notes Payable/Short Term Debt Current Port. of LT Debt/Capital Leases Dividends Payable Customer Advances Security Deposits Income Taxes Payable Other Payables Deferred Income Tax - Current Liability Discontinued Operations - Curr Liability Other Current Liabilities Other Current liabilities, Total Total Current Liabilities Long Term Debt Capital Lease Obligations Total Long Term Debt Total Debt Deferred Income Tax - LT Liability Deferred Income Tax Minority Interest Reserves Pension Benefits - Underfunded Other Long Term Liabilities Discontinued Operations - Liabilities Other Liabilities, Total Total Liabilities Redeemable Preferred Stock Redeemable Convertible Preferred Stock Redeemable Preferred Stock, Total Preferred Stock - Non Redeemable Convertible Preferred Stock - Non Rdmbl Treasury Stock - Preferred General Partner Preferred Stock - Non Redeemable, Net Common Stock Limited Partner Common Stock, Total Additional Paid-In Capital Retained Earnings (Accumulated Deficit) Treasury Stock - Common ESOP Debt Guarantee Unrealized Gain (Loss) Translation Adjustment

245.000 236.300 ------1.700 675.600 --608.500 29.700 136.100 70.800 --------110.700 129.000 563.200 893.700 720.900 834.300 699.300 964.500 10,480.200 11,552.700 7,400.600 7,071.900 1,234.600 1,296.800 929.400 751.500 ----991.200 958.900 839.400 715.500 1,665.700 2,906.900 586.600 742.000 13.300 176.100 10.400 8.900 ------------30.200 40.900 105.600 192.800 ----26.700 8.200 0.200 10.000 --96.700 190.300 68.800 68.500 68.900 0.000 125.700 117.600 271.400 393.100 4,030.500 5,456.300 2,637.200 2,611.000 467.900 483.000 500.400 516.000 ----467.900 483.000 500.400 516.000 2,146.900 3,566.000 1,097.400 1,266.900 182.900 310.100 --182.900 310.100 ----------2,141.600 764.600 735.500 721.800 597.400 593.900 658.100 499.700 ----2,739.000 1,358.500 1,393.600 1,221.500 7,420.300 7,607.900 4,531.200 4,348.500 --------------------------------180.600 180.700 182.600 184.600 ----180.600 180.700 182.600 184.600 ----4,203.000 3,528.800 3,029.500 2,666.000 --------0.600 0.700 (0.300) (0.500) 209.800 431.000 154.900 (6.300)

---209.600 --983.900 1,193.500 7,282.600 688.100 -698.900 716.100 13.100 ---283.100 --69.700 2.000 354.800 2,471.000 542.800 -542.800 1,272.000 ----1,362.000 563.800 -1,925.800 4,939.600 --------184.600 -184.600 -2,496.800 --(0.600) 182.600

Other Equity Minimum Pension Liability Adjustment Other Comprehensive Income Other Equity, Total Total Equity Total Liabilities & Shareholders' Equity Shares Outs - Common Stock Primary Issue Shares Outstanding - Common Issue 2 Shares Outstanding - Common Issue 3 Shares Outstanding - Common Issue 4 Total Common Shares Outstanding Treas Shares - Common Stock Prmry Issue Treasury Shares - Common Issue 2 Treasury Shares - Common Issue 3 Treasury Shares - Common Issue 4 Shares Outstanding - Preferred Issue 1 Shares Outstanding - Preferred Issue 2 Shares Outstanding - Preferred Issue 3 Shares Outstanding - Preferred Issue 4 Shares Outstanding - Preferred Issue 5 Shares Outstanding - Preferred Issue 6 Total Preferred Shares Outstanding Treasury Shares - Preferred Issue 1 Treasury Shares - Preferred Issue 2 Treasury Shares - Preferred Issue 3 Treasury Shares - Preferred Issue 4 Treasury Shares - Preferred Issue 5 Treasury Shares - Preferred Issue 6 Full-Time Employees Part-Time Employees Number of Common Shareholders Accumulated Goodwill Amortization Suppl. Accumulated Intangible Amort, Suppl. Deferred Revenue - Current Deferred Revenue - Long Term Total Risk-Weighted Capital Tier 1 Capital % Total Capital % Trading Account Credit Exposure Non-Performing Loans Assets under Management Reported Total Assets Reported Total Liabilities Shareholders' Equity Excl. Stock Subscr. Reported Shareholder's Equity Reported Net Assets Reported Net Assets to Total Assets Reported Return on Assets Reported Return on Equity

-----(1,534.100) (196.400) (497.300) (120.400) (520.400) -----(1,324.300) 234.600 (342.400) (126.700) (337.800) 3,059.900 3,944.800 2,869.400 2,723.400 2,343.000 10,480.200 11,552.700 7,400.600 7,071.900 7,282.600 181.700 181.500 183.020 184.640 184.580 ---------------181.700 181.500 183.020 184.640 184.580 25.200 25.400 26.610 52.830 ---------------------------------------------------------------------------------40,800.000 39,700.000 37,500.000 40,900.000 44,000.000 -----21,381.000 22,125.000 23,014.000 25,985.000 25,511.000 -----200.700 102.100 68.200 40.300 18.800 --------------------------------------------------------------------------------------

Cash Flow (Indirect) - Annual - Standardised in Millions of US Dollar [+] Add Item Fiscal Period: Period End Date: Period Length:

2008 12/31/2008 12 Months

2007 2006 2005 12/31/2007 12/31/2006 12/31/2005 12 Months 12 Months 12 Months

2004 12/31/2004 12 Months

Update Type: Update Date: Source Source Date: Complete Statement: Auditor Code: Net Income/Starting Line Depreciation Depreciation/Depletion Amortization of Intangibles Amortization of Acquisition Costs Amortization Deferred Taxes Accounting Change Discontinued Operations Extraordinary Item Unusual Items Purchased R&D Equity in Net Earnings (Loss) Other Non-Cash Items Non-Cash Items Accounts Receivable Inventories Prepaid Expenses Other Assets Accounts Payable Accrued Expenses Payable/Accrued Taxes Payable Other Liabilities Other Assets & Liabilities, Net Other Operating Cash Flow Changes in Working Capital Cash from Operating Activities Purchase of Fixed Assets Purchase/Acquisition of Intangibles Software Development Costs Capital Expenditures Acquisition of Business Sale of Business Sale of Fixed Assets Sale/Maturity of Investment Investment, Net Purchase of Investments Sale of Intangible Assets Intangible, Net Other Investing Cash Flow Other Investing Cash Flow Items, Total Cash from Investing Activities Other Financing Cash Flow Financing Cash Flow Items Cash Dividends Paid - Common Cash Dividends Paid - Preferred Total Cash Dividends Paid

Update Update Update Reclassified Reclassified 12/31/2008 12/31/2007 12/31/2006 12/31/2006 12/31/2006 10-K 10-K 10-K 10-K 10-K 2/25/2009 2/28/2008 2/28/2007 2/28/2007 2/28/2007 Complete Complete Complete Complete Complete DT EY DT DT DT 794.700 742.100 581.100 359.500 432.300 278.300 185.400 171.600 174.400 153.000 278.300 185.400 171.600 174.400 153.000 ----------0 0 0 0 0 19.700 (34.100) 30.300 94.900 102.400 -0.000 0.000 6.500 0.000 (28.600) (125.300) (1.200) 131.500 30.300 -----23.400 14.600 8.300 11.900 4.000 ----------30.800 34.600 22.900 1.500 1.700 25.600 (76.100) 30.000 151.400 36.000 (112.900) (236.700) (61.200) (183.900) -70.400 111.800 (101.400) (26.200) ------(21.900) (106.000) (74.000) (16.200) (55.200) ----------61.300 137.200 246.400 120.500 ------(0.800) 47.200 30.700 7.600 (56.700) ----(84.700) (3.900) 11.100 7.400 (0.400) (14.000) (7.800) (35.400) 47.900 (98.600) (210.600) 1,110.500 781.900 860.900 681.600 513.100 (248.700) (239.300) (177.100) (164.400) (126.100) ----------(248.700) (239.300) (177.100) (164.400) (126.100) (275.700) (2,009.200) (89.500) (69.000) (1,010.000) -----21.600 283.600 226.600 24.900 4.300 --0.000 0.000 24.900 --------------------(2.000) 2.800 (15.600) (20.200) (36.000) (256.100) (1,722.800) 121.500 (64.300) (1,016.800) (504.800) (1,962.100) (55.600) (228.700) (1,142.900) 5.800 13.100 17.200 (1.600) 0.200 5.800 13.100 17.200 (1.600) 0.200 (120.900) (96.600) (77.600) (65.600) (61.800) -----(120.900) (96.600) (77.600) (65.600) (61.800)

Sale/Issuance of Common Repurchase/Retirement of Common Common Stock, Net Sale/Issuance of Preferred Repurchase/Retirement of Preferred Preferred Stock, Net Sale/Issuance of Common/Preferred Repurch./Retirement of Common/Preferred Options Exercised Warrants Converted Treasury Stock Issuance (Retirement) of Stock, Net Short Term Debt Issued Short Term Debt Reduction Short Term Debt, Net Long Term Debt Issued Long Term Debt Reduction Long Term Debt, Net Total Debt Issued Total Debt Reduction Issuance (Retirement) of Debt, Net Cash from Financing Activities Foreign Exchange Effects Net Change in Cash Net Cash - Beginning Balance Net Cash - Ending Balance Cash Interest Paid Cash Taxes Paid Reported Cash from Operating Activities Reported Cash from Investing Activities Reported Cash from Financing Activities

ROE ROA ROIC

Short-term Debt Long-Term Debt Preferred Stock Equity Common Stock Equity Invested Capital $ Revenue / $ Invested Capital

34.400 (75.000) (40.600) --------(40.600) --(1,229.000) 0.600 (23.300) (22.700) --(1,251.700) (1,407.400) (73.400) (875.100) 1,840.000 964.900 135.500 281.600 ----

65.400 (299.000) (233.600) --------(233.600) --2,311.900 0.500 (15.200) (14.700) --2,297.200 1,980.100 103.000 902.900 937.100 1,840.000 96.000 313.600 ----

69.000 (210.000) (141.000) --------(141.000) --(155.600) 0.500 (13.300) (12.800) --(168.400) (369.800) 50.600 486.100 451.000 937.100 80.400 197.300 ----

151.900 (334.400) (182.500) --------(182.500) --27.200 0.400 (17.600) (17.200) --10.000 (239.700) (25.100) 188.100 262.900 451.000 73.800 49.800 ----

76.800 (159.600) (82.800) --------(82.800) --553.200 120.300 (68.300) 52.000 --605.200 460.800 17.700 (151.300) 414.200 262.900 45.200 52.400 ----

2008

2007

2006

2005

2004

19.7% 6.7% 9.3%

22.1% 8.6% 14.9%

18.3% 7.1% 11.4%

22.6% 7.3% 12.7%

22.1% 6.9% 12.6%

$1,679.0 467.9 -3,059.9 $5,206.8

$3,083.0 483.0 -3,944.8 $7,510.8

$597.0 500.4 -2,869.4 $3,966.8

$750.9 516.0 -2,723.4 $3,990.3

$729.2 542.8 -2,343.0 $3,615.0

$2.25

$1.20

$1.97

$1.76

$1.65

$775 11,695 6.6%

$633 9,003 7.0%

$500 7,808 6.4%

$529 7,041 7.5%

$408 5,966 6.8%

$11,695 10,480

$9,003 11,553

$7,808 7,401

$7,041 7,072

$5,966 7,283

DuPont ROE Analysis Net Income Revenue Profit Margin Revenue Total Assets

Asset Utilization

1.1x

0.8x

1.1x

1.0x

0.8x

7.4%

5.5%

6.8%

7.5%

5.6%

10,480 3,945 2.7x

11,553 2,869 4.0x

7,401 2,723 2.7x

7,072 2,343 3.0x

7,283 1,848 3.9x

19.7% 20.0% 20.9% 22.5%

22.1%

18.3%

22.6%

22.1%

Gross Profit SG&A R&D D&A Taxes NOPAT

$3,255 $1,724 $244 $278 $312 $697

$2,568 $1,343 $182 $185 $266 $592

$2,190 $1,176 $161 $172 $228 $454

$1,968 $1,032 $157 $174 $145 $460

$1,668 $925 $127 $153 $155 $309

ST debt LT debt Equity Invested Capital

$1,679 $468 $3,060 $5,207

$3,083 $483 $3,945 $7,511

$597 $500 $2,869 $3,967

$751 $516 $2,723 $3,990

$729 $543 $2,343 $3,615

ROIC 3-year average 5-year average 10-year average

9.3% 11.9% 12.2% 10.6%

14.9%

11.4%

12.7%

12.6%

$1,111 ($249) $862

$782 ($239) $543

$861 ($177) $684

$682 ($164) $517

$513 ($126) $387

$775

$633

$500

$529

$408

111.2% 111.2% 105.3% 91.2%

85.7%

136.8%

97.8%

94.8%

Return on Assets Total Assets Beginning Common Equity Leverage Return on Equity 3-year average 5-year average 10-year average

OCF Capex FCF Net Income FCF Conversion (FCF/NI) 3-year average 5-year average 10-year average Assumptions Growth Rate Net Operating Profit Margin Tax Rate Dep % of Revs. Investment Rate % of Revs. Working Cap. % of Revs 10 year average OCF Std. dev of 10 year OCF Beta

2008 29.9% 8.6% 28.7% 2.4% 2.1% 12.3% $607 $284 0.47

3-year 18.7% 9.0% 29.9% 2.2% 2.4% 13.5%

Average 5-year 10- year 17.9% 10.4% 8.7% 7.7% 27.7% 29.9% 2.3% 3.1% 2.3% 3.0% 14.2% 16.1%

2008

2007

2006

2005

2004

$11,695 29.9%

$9,003 15.3%

$7,808 10.9%

$7,041 18.0%

$5,966 15.5%

Net Income Dividends Retained Earning Retention Rate

$775 $121 $654 84.4%

$633 $97 $536 84.7%

$500 $78 $422 84.5%

$529 $66 $463 87.6%

$408 $62 $346 84.9%

ROE

19.7%

22.1%

18.3%

22.6%

22.1%

Growth (b*ROE)

16.6%

18.7%

15.5%

19.8%

18.7%

$1,009 8.6%

$858 9.5%

$681 8.7%

$605 8.6%

$464 7.8%

$312 28.7%

$266 29.5%

$228 31.3%

$145 21.5%

$155 27.5%

Depreciation % of Revenues

$278 2.4%

$185 2.1%

$172 2.2%

$174 2.5%

$153 2.6%

Capex % of Revenues

($249) 2.1%

($239) 2.7%

($177) 2.3%

($164) 2.3%

($126) 2.1%

$1,868 804 1,235 $1,437 12.3%

$1,807 888 1,297 $1,398 15.5%

$1,194 727 929 $992 12.7%

$1,052 623 752 $924 13.1%

$1,030 686 688 $1,027 17.2%

Revenue growth

Clean Operating Income % of Revenues Taxes % of Pre-tax income

Accounts Receivable Inventories Payables Working Capital % of Revenues

2003 12/31/2003 12 Months Restated 12/31/2005 10-K 3/10/2006 Complete DT 5,163.500 ---5,163.500 ---5,163.500 3,733.100 -3,733.100 1,430.400 788.600 --788.600 115.200 -------------27.600 -0.000 --27.600 ----

2002 12/31/2002 12 Months Restated 12/31/2004 10-K 3/11/2005 Complete DT 4,962.700 ---4,962.700 ---4,962.700 3,195.800 -3,195.800 1,766.900 712.700 --712.700 518.000 -------------(3.500) ----(3.500) ----

2001 12/31/2001 12 Months Update 12/31/2001 10-K405 3/26/2002 Complete AA 4,676.000 ---4,676.000 ---4,676.000 3,045.000 -3,045.000 1,631.000 671.000 --671.000 425.000 --41.000 41.000 ---------98.000 ----98.000 ----

2000 12/31/2000 12 Months Reclassified 12/31/2001 10-K405 3/26/2002 Complete AA 4,829.000 ---4,829.000 ---4,829.000 3,195.000 -3,195.000 1,634.000 714.000 --714.000 391.000 --36.000 36.000 ---------0.000 ----0.000 ----

1999 12/31/1999 12 Months Reclassified 12/31/2001 10-K405 3/26/2002 Complete AA 4,632.000 ---4,632.000 ---4,632.000 3,266.000 -3,266.000 1,366.000 666.000 --666.000 264.000 --25.000 25.000 ---------(5.000) ----(5.000) ----

1998 12/31/1998 12 Months Update 12/31/1998 10-K 3/29/1999 Complete AA 4,493.000 ---4,493.000 ---4,493.000 3,166.000 -3,166.000 1,327.000 730.000 --730.000 268.000 -------------399.000 ----399.000 ----

1997 12/31/1997 12 Months Restated 12/31/1998 10-K 3/29/1999 Complete AA 4,208.000 ---4,208.000 ---4,208.000 2,983.000 -2,983.000 1,225.000 664.000 --664.000 267.000 -------------138.000 ----138.000 ----

1996 12/31/1996 12 Months Restated 12/31/1998 10-K 3/29/1999 Complete AA 3,745.000 ---3,745.000 ---3,745.000 2,690.000 -2,690.000 1,055.000 564.000 --564.000 266.000 -------------0.000 ----0.000 ----

1995 12/31/1995 12 Months Reclassified 12/31/1996 10-K405 3/26/1997 Complete AA 8,884.000 ---8,884.000 ---8,884.000 7,155.000 -7,155.000 1,729.000 768.000 --768.000 514.000 -----------------0.000 0.000 ----

--------------------4,664.500 4,423.000 4,280.000 4,336.000 4,216.000 499.000 539.700 396.000 493.000 416.000 (43.200) (56.500) (69.000) (93.000) (85.000) -----(43.200) (56.500) (69.000) (93.000) (85.000) 53.300 24.100 7.000 18.000 38.000 0.000 0.000 ---53.300 24.100 7.000 18.000 38.000 -----10.100 (32.400) (62.000) (75.000) (47.000) --------------------(8.500) 3.600 (1.000) 2.000 1.000 (8.500) 3.600 (1.000) 2.000 1.000 500.600 510.900 333.000 420.000 370.000 130.300 129.600 117.000 155.000 137.000 370.300 381.300 216.000 265.000 233.000 ---------------370.300 381.300 216.000 265.000 233.000 0.000 ----33.600 (1.400) 60.000 0.000 0.000 ----------33.600 (1.400) 60.000 0.000 0.000 403.900 379.900 276.000 265.000 233.000 ------------------------------370.300 381.300 216.000 265.000 233.000 403.900 379.900 276.000 265.000 233.000 184.200 182.000 176.200 175.800 178.400 2.010 2.100 1.230 1.510 1.310 2.190 2.090 1.570 1.510 1.310 -----403.900 379.900 276.000 265.000 233.000 188.200 187.200 181.200 180.000 184.000 1.970 2.040 1.190 1.470 1.270 2.150 2.030 1.520 1.470 1.270 0.320 0.300 0.300 0.300 0.300 ---------------------

-4.000 -4.000 4,567.000 (74.000) (126.000) -(126.000) 43.000 (1.000) 42.000 -(84.000) ----(2.000) (2.000) (160.000) (62.000) (98.000) ---(98.000) 0.000 1,630.000 --1,630.000 1,532.000 ------(98.000) 1,532.000 226.200 (0.430) 6.770 0.000 1,532.000 226.200 (0.430) 6.770 0.300 -----

--16.000 (22.000) --16.000 (22.000) 4,068.000 3,498.000 140.000 247.000 (133.000) (169.000) --(133.000) (169.000) 18.000 33.000 (2.000) 1.000 16.000 34.000 --(117.000) (135.000) --------(4.000) 0.000 (4.000) 0.000 19.000 112.000 8.000 44.000 11.000 68.000 ------11.000 68.000 (6.000) 0.000 102.000 156.000 ----96.000 156.000 107.000 224.000 ------------11.000 68.000 107.000 224.000 236.800 235.800 0.050 0.290 0.450 0.950 --107.000 224.000 242.000 240.800 0.050 0.280 0.440 0.930 0.300 0.300 ---------

-2.000 -2.000 8,439.000 445.000 (175.000) -(175.000) 40.000 (235.000) (195.000) -(370.000) ----(5.000) (5.000) 70.000 50.000 20.000 ---20.000 0.000 994.000 (307.000) -687.000 707.000 (17.000) ----(17.000) 3.000 690.000 221.200 0.010 3.120 -690.000 223.200 0.010 3.090 0.500 -----

---59.000 --------27.600 528.200 7.180 137.480 390.720 390.720 2.120 2.080 6.000 397.900 2.160 2.110 -43.200 -159.600 -0.000 2.700 64.500 ----115.200 ------------------

---54.800 --------(3.500) 507.400 (0.890) 128.710 378.690 378.690 2.080 2.020 21.400 358.500 1.970 1.920 -56.500 -170.500 --0.900 60.100 ----518.000 ------------------

---53.000 --------139.000 472.000 34.430 151.430 321.000 321.000 1.820 1.770 27.000 250.000 1.420 1.380 -69.000 -213.000 -41.000 -50.000 ----425.000 3.000 0.000 6.000 3.000 --------------

---53.000 --------36.000 456.000 0.000 155.000 301.000 301.000 1.710 1.670 12.000 253.000 1.440 1.410 -93.000 -202.000 -36.000 -56.000 ----391.000 ------------------

---53.000 --------20.000 390.000 (1.850) 135.150 255.000 255.000 1.430 1.390 11.000 222.000 1.250 1.210 -85.000 -144.000 -25.000 37.000 52.000 ----264.000 ------------------

---68.000 --------399.000 239.000 139.650 77.650 161.350 161.350 0.710 0.710 12.000 1,520.000 6.720 6.720 -126.000 -158.000 --38.000 45.000 ----268.000 ------------------

---71.000 --------138.000 157.000 58.110 66.110 90.890 90.890 0.380 0.380 9.000 99.000 0.420 0.410 -133.000 -167.000 --30.000 55.000 ----267.000 ------------------

---71.000 --------0.000 112.000 0.000 44.000 68.000 68.000 0.290 0.280 8.000 215.000 0.910 0.890 -169.000 -178.000 --10.000 49.000 ----266.000 ------------------

---104.000 --------0.000 70.000 0.000 50.000 20.000 3.000 0.010 0.010 (15.000) 705.000 3.110 3.080 -175.000 -390.000 --33.000 87.000 ---0.000 514.000 ------------------

--

--

--

--

--

--

--

--

--

2003 12/31/2003 Reclassified 12/31/2004 10-K 3/11/2005 Complete DT -414.200 -414.200 932.800 (28.700) 904.100 -67.400 971.500 157.000 182.300 312.600 (76.100) -575.800 --68.200 8.300 68.900 145.400 2,106.900 465.000 60.500 1,861.300 68.200 --45.100 2,500.100 (1,608.100) 892.000 --1,629.100 83.200 (8.400) 74.800 ----

2002 12/31/2002 Reclassified 12/31/2003 10-K 3/11/2004 Complete DT -202.200 -202.200 811.200 (27.700) 783.500 -84.800 868.300 147.600 195.900 280.300 (70.900) -552.900 --52.600 -77.100 129.700 1,753.100 409.900 60.300 1,717.000 73.300 --44.300 2,304.800 (1,463.600) 841.200 --1,550.500 80.600 (5.700) 74.900 ----

2001 12/31/2001 Reclassified 12/31/2002 10-K 3/27/2003 Complete DT -121.000 -121.000 767.000 (22.000) 745.000 -29.000 774.000 151.000 142.000 270.000 (67.000) -496.000 ----67.000 67.000 1,458.000 366.000 55.000 1,554.000 93.000 --33.000 2,101.000 (1,311.000) 790.000 --1,415.000 48.000 (5.000) 43.000 ----

2000 12/31/2000 Update 12/31/2000 10-K405 3/26/2001 Complete AA -89.000 -89.000 820.000 (21.000) 799.000 -16.000 815.000 182.000 183.000 210.000 (44.000) -531.000 ----71.000 71.000 1,506.000 371.000 59.000 1,202.000 100.000 --394.000 2,126.000 (1,260.000) 866.000 1,475.000 (102.000) 1,373.000 -------

1999 12/31/1999 Update 12/31/1999 10-K405 3/28/2000 Complete AA -182.000 -182.000 739.000 (22.000) 717.000 -118.000 835.000 204.000 287.000 229.000 (174.000) -546.000 ----66.000 66.000 1,629.000 343.000 66.000 1,186.000 86.000 --369.000 2,050.000 (1,204.000) 846.000 1,271.000 (65.000) 1,206.000 -------

1998 12/31/1998 Update 12/31/1998 10-K 3/29/1999 Complete AA -881.000 -881.000 754.000 (23.000) 731.000 -112.000 843.000 206.000 512.000 210.000 (349.000) -579.000 ----80.000 80.000 2,383.000 347.000 52.000 1,296.000 104.000 --509.000 2,308.000 (1,315.000) 993.000 916.000 (51.000) 865.000 -------

1997 12/31/1997 Restated 12/31/1998 10-K 3/29/1999 Complete AA -192.000 -192.000 719.000 (19.000) 700.000 -27.000 727.000 275.000 379.000 219.000 (301.000) -572.000 ----83.000 83.000 1,574.000 366.000 61.000 1,277.000 96.000 --489.000 2,289.000 (1,258.000) 1,031.000 901.000 (41.000) 860.000 -------

1996 12/31/1996 Update 12/31/1996 10-K405 3/26/1997 Complete AA -122.000 -122.000 1,194.000 (37.000) 1,157.000 -33.000 1,190.000 402.000 435.000 301.000 (281.000) -857.000 ----121.000 121.000 2,290.000 808.000 102.000 3,449.000 264.000 --469.000 5,092.000 (2,925.000) 2,167.000 393.000 (43.000) 350.000 -------

1995 12/31/1995 Reclassified 12/31/1996 10-K405 3/26/1997 Complete AA -94.000 -94.000 1,254.000 (38.000) 1,216.000 -41.000 1,257.000 417.000 421.000 333.000 (263.000) -908.000 ----243.000 243.000 2,502.000 888.000 115.000 3,425.000 297.000 --330.000 5,055.000 (2,820.000) 2,235.000 395.000 (32.000) 363.000 -------

---------------373.200 493.700 311.000 384.000 374.000 ----------861.600 676.200 490.000 482.000 475.000 1,234.800 1,169.900 801.000 866.000 849.000 5,937.600 5,389.600 4,507.000 4,611.000 4,530.000 633.100 484.000 401.000 386.000 383.000 -----652.700 725.300 728.000 824.000 753.000 138.600 281.800 514.000 556.000 598.000 2.900 17.800 3.000 74.000 12.000 ---------------253.500 221.300 251.000 393.000 365.000 ----------1.100 ----4.600 0.000 ---259.200 221.300 251.000 393.000 365.000 1,686.500 1,730.200 1,897.000 2,233.000 2,111.000 460.900 492.200 456.000 408.000 479.000 -----460.900 492.200 456.000 408.000 479.000 602.400 791.800 973.000 1,038.000 1,089.000 --------------------1,403.900 1,629.000 395.000 401.000 382.000 538.600 400.900 385.000 358.000 459.000 -----1,942.500 2,029.900 780.000 759.000 841.000 4,089.900 4,252.300 3,133.000 3,400.000 3,431.000 ----------------------------------------92.300 91.800 89.000 88.000 88.000 -----92.300 91.800 89.000 88.000 88.000 -----2,277.100 1,939.100 1,514.000 1,307.000 1,114.000 ----------(0.600) (1.700) ---81.100 (107.200) ----

---367.000 0.000 -442.000 809.000 5,050.000 396.000 -933.000 201.000 50.000 ---570.000 ----570.000 2,150.000 515.000 -515.000 766.000 ----420.000 663.000 -1,083.000 3,748.000 --------96.000 -96.000 0.000 1,272.000 --(1.000) (67.000)

---295.000 931.000 -367.000 1,593.000 5,058.000 409.000 -702.000 1,641.000 0 ---143.000 ----143.000 2,895.000 531.000 -531.000 2,172.000 ----429.000 380.000 -809.000 4,235.000 --------118.000 -118.000 397.000 189.000 --2.000 117.000

---205.000 --480.000 685.000 5,492.000 732.000 -874.000 836.000 0 ---97.000 ----97.000 2,539.000 583.000 -583.000 1,419.000 110.000 110.000 --1,127.000 334.000 -1,461.000 4,693.000 --------118.000 -118.000 418.000 151.000 ---111.000

---218.000 --561.000 779.000 5,879.000 781.000 -1,072.000 646.000 0 ---162.000 ----162.000 2,661.000 961.000 -961.000 1,607.000 121.000 121.000 --1,134.000 375.000 -1,509.000 5,252.000 --------117.000 -117.000 399.000 0.000 ---111.000

-(602.200) -(521.100) 1,847.700 5,937.600 184.540 ---184.540 -----------------39,000.000 -30,553.000 -8.400 ------------------

-(784.700) -(891.900) 1,137.300 5,389.600 183.650 ---183.650 -----------------38,000.000 -33,243.000 -5.700 ------------------

-(19.000) (208.000) (227.000) 1,376.000 4,509.000 177.600 ---177.600 -----------------38,000.000 -34,869.000 -5.000 ------------------

--(184.000) (184.000) 1,211.000 4,611.000 175.820 ---175.820 -----------------42,000.000 -36,917.000 102.000 -------------------

----(103.000) -(103.000) (67.000) 1,099.000 1,300.000 4,530.000 5,048.000 175.820 191.940 ------175.820 191.940 ----------------------------------38,000.000 33,000.000 --38,871.000 52,371.000 65.000 51.000 -------------------------------------

2003 2002 2001 2000 1999 12/31/2003 12/31/2002 12/31/2001 12/31/2000 12/31/1999 12 Months 12 Months 12 Months 12 Months 12 Months

1998 12/31/1998 12 Months

------117.000 111.000 823.000 798.000 5,058.000 5,491.000 236.900 236.880 ------236.900 236.880 ----------------------------------35,000.000 59,000.000 --52,371.000 56,958.000 41.000 43.000 -------------------------------------

---111.000 627.000 5,879.000 234.140 ---234.140 -----------------35,400.000 -52,218.000 32.000 -------------------

1997 1996 12/31/1997 12/31/1996 12 Months 12 Months

1995 12/31/1995 12 Months

Reclassified Reclassified Reclassified Reclassified Update 12/31/2005 12/31/2004 12/31/2002 12/31/2002 12/31/1999 10-K 10-K 10-K 10-K 10-K405 3/10/2006 3/11/2005 3/27/2003 3/27/2003 3/28/2000 Complete Complete Complete Complete Complete DT DT DT DT AA 403.900 379.900 277.000 265.000 233.000 162.300 170.500 213.000 202.000 144.000 162.300 170.500 213.000 202.000 144.000 ----37.000 -----0 0 0 0 37.000 168.000 126.000 27.000 44.000 43.000 0.000 ---0.000 15.000 17.300 (78.000) (9.000) (284.000) -----6.000 (35.600) 71.000 (26.000) (65.000) ---------------21.000 (18.300) (7.000) (35.000) (349.000) -----6.500 ---------(201.800) (56.800) 21.000 (2.000) ---------------------24.500 (33.400) (5.000) (34.000) --33.100 (69.000) (27.000) 5.000 2.200 9.800 2.000 (7.000) (54.000) (168.600) (47.300) (51.000) (70.000) (49.000) 586.600 610.800 459.000 406.000 59.000 (136.300) (152.700) (174.000) (181.000) (228.000) ----------(136.300) (152.700) (174.000) (181.000) (228.000) (46.200) (159.200) (91.000) (192.000) (545.000) -----16.900 11.600 43.000 48.000 108.000 43.500 0.000 -----------------------(19.000) (3.200) 2.000 (1.000) 5.000 (4.800) (150.800) (46.000) (145.000) (432.000) (141.100) (303.500) (220.000) (326.000) (660.000) -0.000 1.000 (1.000) 30.000 -0.000 1.000 (1.000) 30.000 (58.000) (54.300) (53.000) (53.000) (56.000) -----(58.000) (54.300) (53.000) (53.000) (56.000)

Update Reclassified Reclassified 12/31/1998 12/31/1998 12/31/1998 10-K 10-K 10-K 3/29/1999 3/29/1999 3/29/1999 Complete Complete Complete AA AA AA 1,533.000 108.000 223.000 158.000 167.000 178.000 158.000 167.000 178.000 38.000 30.000 10.000 ---38.000 30.000 10.000 (136.000) (44.000) 54.000 0.000 6.000 0.000 (708.000) 103.000 (105.000) ---(1,116.000) 137.000 0.000 ---------(1,824.000) 246.000 (105.000) ---------------------------(138.000) 100.000 (68.000) (66.000) (4.000) 2.000 (204.000) 96.000 (66.000) (435.000) 603.000 294.000 (213.000) (213.000) (176.000) ------(213.000) (213.000) (176.000) (80.000) (1,026.000) 0.000 ---3,745.000 21.000 133.000 ---------------4.000 (1.000) 0.000 3,669.000 (1,006.000) 133.000 3,456.000 (1,219.000) (43.000) 40.000 36.000 31.000 40.000 36.000 31.000 (71.000) (71.000) (53.000) ---(71.000) (71.000) (53.000)

Update 12/31/1995 10-K405 3/25/1996 Complete AA 708.000 390.000 390.000 33.000 -33.000 30.000 0.000 (1,405.000) 307.000 245.000 --2.000 (851.000) ---------(6.000) (96.000) (102.000) 208.000 (450.000) --(450.000) (15.000) 12,675.000 ------(2.000) 12,658.000 12,208.000 96.000 96.000 (193.000) -(193.000)

45.300 (69.700) (24.400) --------(24.400) --(144.100) 0.300 (42.700) (42.400) --(186.500) (268.900) 35.400 212.000 202.200 414.200 43.900 26.600 ----

93.300 (32.300) 61.000 --------61.000 --(235.800) 0.700 (3.300) (2.600) --(238.400) (231.700) 5.300 80.900 121.300 202.200 51.500 22.400 ----

104.000 (151.000) (47.000) --------(47.000) --(32.000) 6.000 (77.000) (71.000) --(103.000) (202.000) (4.000) 33.000 89.000 121.000 78.000 85.000 ----

27.000 (54.000) (27.000) --------(27.000) --(44.000) 1.000 (21.000) (20.000) --(64.000) (145.000) (28.000) (93.000) 182.000 89.000 82.000 109.000 ----

--(403.000) (831.000) (403.000) (831.000) ----------------(403.000) (831.000) ----426.000 (1,420.000) 3.000 9.000 (84.000) (61.000) (81.000) (52.000) ----345.000 (1,472.000) (84.000) (2,334.000) (15.000) 2.000 (699.000) 689.000 881.000 192.000 182.000 881.000 76.000 122.000 42.000 107.000 -------

-(68.000) (68.000) --------(68.000) --1,059.000 1.000 (260.000) (259.000) --800.000 697.000 (11.000) 70.000 122.000 192.000 112.000 84.000 ----

--(11.000) (35.000) (11.000) (35.000) ----------------(11.000) (35.000) ----(111.000) (803.000) 1.000 250.000 (67.000) (11,982.000) (66.000) (11,732.000) ----(177.000) (12,535.000) (210.000) (12,667.000) (12.000) 23.000 28.000 (228.000) 94.000 322.000 122.000 94.000 159.000 147.000 24.000 314.000 -------

2003

2002

2001

2000

1999

1998

1997

1996

1995

32.6% 6.9% 12.1%

27.7% 8.5% 10.1%

17.8% 4.7% 9.1%

24.1% 5.8% 7.9%

17.9% 4.6% 5.7%

(11.9%) (1.9%) 6.5%

1.4% 0.2% 4.0%

10.8% 1.2% (0.3%)

0.1% 0.0% (0.3%)

$141.5 460.9 -1,847.7 $2,450.1

$299.6 492.2 -1,137.3 $1,929.1

$517.0 456.0 -1,376.0 $2,349.0

$630.0 408.0 -1,211.0 $2,249.0

$610.0 479.0 -1,099.0 $2,188.0

$251.0 515.0 -1,300.0 $2,066.0

$1,641.0 531.0 -823.0 $2,995.0

$836.0 583.0 -798.0 $2,217.0

$646.0 961.0 -627.0 $2,234.0

$2.11

$2.57

$1.99

$2.15

$2.12

$2.17

$1.41

$1.69

$3.98

$370 5,164 7.2%

$381 4,963 7.7%

$216 4,676 4.6%

$265 4,829 5.5%

$233 4,632 5.0%

($98) 4,493 (2.2%)

$11 4,208 0.3%

$68 3,745 1.8%

$3 8,884 0.0%

$5,164 5,938

$4,963 5,390

$4,676 4,507

$4,829 4,611

$4,632 4,530

$4,493 5,050

$4,208 5,058

$3,745 5,492

$8,884 5,879

0.9x

0.9x

1.0x

1.0x

1.0x

0.9x

0.8x

0.7x

1.5x

6.2%

7.1%

4.8%

5.7%

5.1%

(1.9%)

0.2%

1.2%

0.1%

5,938 1,137 5.2x

5,390 1,376 3.9x

4,507 1,211 3.7x

4,611 1,099 4.2x

4,530 1,300 3.5x

5,050 823 6.1x

5,058 798 6.3x

5,492 627 8.8x

5,879 5,459 1.1x

32.6%

27.7%

17.8%

24.1%

17.9%

(11.9%)

1.4%

10.8%

0.1%

$1,430 $789 $115 $162 $130 $234

$1,767 $713 $518 $171 $130 $236

$1,631 $671 $425 $213 $117 $205

$1,634 $714 $391 $202 $155 $172

$1,366 $666 $264 $181 $137 $118

$1,327 $730 $268 $196 ($62) $195

$1,225 $664 $267 $197 $8 $89

$1,055 $564 $266 $188 $44 ($7)

$1,729 $768 $514 $423 $50 ($26)

$142 $461 $1,848 $2,450

$300 $492 $1,137 $1,929

$517 $456 $1,376 $2,349

$630 $408 $1,211 $2,249

$610 $479 $1,099 $2,188

$251 $515 $1,300 $2,066

$1,641 $531 $823 $2,995

$836 $583 $798 $2,217

$646 $961 $627 $2,234

12.1%

10.1%

9.1%

7.9%

5.7%

6.5%

4.0%

(0.3%)

(0.3%)

$587 ($136) $450

$611 ($153) $458

$459 ($174) $285

$406 ($181) $225

$59 ($228) ($169)

($435) ($213) ($648)

$603 ($213) $390

$294 ($176) $118

$208 ($450) ($242)

$370

$381

$216

$265

$233

($98)

$11

$68

$3

121.6%

120.1%

131.9%

84.9%

(72.5%)

661.2%

3545.5%

173.5%

(8066.7%)

2003

2002

2001

2000

1999

1998

1997

1996

1995

$5,164 4.0%

$4,963 6.1%

$4,676 (3.2%)

$4,829 4.3%

$4,632 3.1%

$4,493 6.8%

$4,208 12.4%

$3,745 (57.8%)

$8,884 14.5%

$370 $58 $312 84.3%

$381 $54 $327 85.8%

$216 $53 $163 75.5%

$265 $53 $212 80.0%

$233 $56 $177 76.0%

($98) $71 ($169) 172.4%

$11 $71 ($60) NA

$68 $53 $15 22.1%

$3 $193 ($190) NA

32.6%

27.7%

17.8%

24.1%

17.9%

(11.9%)

1.4%

10.8%

0.1%

27.5%

23.8%

13.5%

19.3%

13.6%

(20.5%)

0.0%

2.4%

0.0%

$364 7.1%

$366 7.4%

$322 6.9%

$327 6.8%

$255 5.5%

$133 3.0%

$97 2.3%

$37 1.0%

$24 0.3%

$130 26.0%

$130 25.4%

$117 35.1%

$155 36.9%

$137 37.0%

($62) 38.8%

$8 42.1%

$44 39.3%

$50 71.4%

$162 3.1%

$171 3.4%

$213 4.6%

$202 4.2%

$181 3.9%

$196 4.4%

$197 4.7%

$188 5.0%

$423 4.8%

($136) 2.6%

($153) 3.1%

($174) 3.7%

($181) 3.7%

($228) 4.9%

($213) 4.7%

($213) 5.1%

($176) 4.7%

($450) 5.1%

$904 576 633 $847 16.4%

$784 553 484 $852 17.2%

$745 496 401 $840 18.0%

$799 531 386 $944 19.5%

$717 546 383 $880 19.0%

$731 579 396 $914 20.3%

$700 572 409 $863 20.5%

$1,157 857 732 $1,282 34.2%

$1,216 908 781 $1,343 15.1%

1994 12/31/1994 12 Months Restated 10/15/1995 --Complete -7,758.000 ---7,758.000 ---7,758.000 6,190.000 -6,190.000 1,568.000 716.000 --716.000 417.000 -----------------0.000 0.000 ----

1993 12/31/1993 12 Months Restated 10/15/1995 --Complete -6,621.000 ---6,621.000 ---6,621.000 5,647.000 -5,647.000 974.000 655.000 --655.000 0.000 -----------------0.000 0.000 ----

1992 1991 1990 1989 12/31/1992 12/31/1991 12/31/1990 12/31/1989 12 Months 12 Months 12 Months 12 Months Restated Restated Restated Restated 10/15/1995 12/31/1993 12/31/1992 12/31/1990 --------Complete Complete Complete Complete ----6,845.000 21,536.000 20,604.000 20,005.000 ------------6,845.000 21,536.000 20,604.000 20,005.000 ------------6,845.000 21,536.000 20,604.000 20,005.000 5,968.000 20,540.000 19,517.000 18,563.000 ----5,968.000 20,540.000 19,517.000 18,563.000 877.000 996.000 1,087.000 1,442.000 686.000 0.000 0.000 0.000 --------686.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 --------------------------------------------------------------------0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 -------------

-17.000 -17.000 7,340.000 418.000 (115.000) -(115.000) 68.000 (21.000) 47.000 -(68.000) ------350.000 148.000 202.000 0.000 --202.000 (11.000) 831.000 0.000 -820.000 1,022.000 (34.000) ----(34.000) 168.000 988.000 230.400 0.730 4.290 14.000 1,002.000 249.800 0.730 4.010 0.990 -----

-90.000 -90.000 6,392.000 229.000 (153.000) -(153.000) 121.000 3.000 124.000 -(29.000) ------200.000 65.000 135.000 0.000 --135.000 0.000 828.000 (50.000) -778.000 913.000 (36.000) ----(36.000) 99.000 877.000 240.000 0.410 3.650 14.000 891.000 280.000 0.400 3.180 0.990 -----

----75.000 (73.000) (80.000) (30.000) ----75.000 (73.000) (80.000) (30.000) 6,729.000 20,467.000 19,437.000 18,533.000 116.000 1,069.000 1,167.000 1,472.000 (180.000) (177.000) (124.000) (211.000) ----(180.000) (177.000) (124.000) (211.000) ----1,030.000 1.000 342.000 (17.000) 1,030.000 1.000 342.000 (17.000) ----850.000 (176.000) 218.000 (228.000) ------------------------966.000 893.000 1,385.000 1,244.000 311.000 166.000 303.000 254.000 655.000 727.000 1,082.000 990.000 0.000 (32.000) (61.000) (63.000) --------655.000 695.000 1,021.000 927.000 (625.000) 0.000 0.000 0.000 (915.000) 54.000 (98.000) (5.000) 0.000 0.000 0.000 0.000 ----(1,540.000) 54.000 (98.000) (5.000) (885.000) 749.000 923.000 922.000 (30.000) (39.000) (38.000) (25.000) ----------------(30.000) (39.000) (38.000) (25.000) 625.000 656.000 983.000 902.000 (915.000) 710.000 885.000 897.000 234.000 243.000 253.000 275.000 2.670 2.700 3.890 3.280 (3.910) 2.920 3.500 3.260 5.000 16.000 15.000 16.000 (910.000) 726.000 900.000 913.000 264.000 264.600 274.400 290.000 2.390 2.540 3.640 3.170 (3.450) 2.740 3.280 3.150 0.920 0.860 0.820 0.760 -----------------

---228.000 --------0.000 350.000 0.000 148.000 202.000 168.000 0.730 0.730 -----115.000 -343.000 --30.000 74.000 ---0.000 417.000 ------------------

------------0.000 200.000 0.000 65.000 135.000 99.000 0.410 0.400 -----153.000 -287.000 --36.000 ----0.000 0.000 ------------------

------------0.000 966.000 0.000 311.000 655.000 625.000 2.670 2.390 -----180.000 -315.000 -------0.000 0.000 ------------------

------------0.000 893.000 0.000 166.000 727.000 656.000 2.700 2.540 -----177.000 -465.000 -------(32.000) 0.000 ------------------

------------0.000 1,385.000 0.000 303.000 1,082.000 983.000 3.890 3.640 -----124.000 -506.000 -------(61.000) 0.000 ------------------

------------0.000 1,244.000 0.000 254.000 990.000 902.000 3.280 3.170 -----211.000 -480.000 -------(63.000) 0.000 ------------------

--

1994 12/31/1994 Restated 10/15/1995 --Complete --322.000 -322.000 1,148.000 (36.000) 1,112.000 -26.000 1,138.000 452.000 480.000 355.000 (297.000) -990.000 ----80.000 80.000 2,530.000 788.000 106.000 3,224.000 262.000 --249.000 4,629.000 (2,515.000) 2,114.000 --365.000 -------

--

--

--

--

--

1993 1992 1991 1990 1989 12/31/1993 12/31/1992 12/31/1991 12/31/1990 12/31/1989 Restated Restated Restated Update Update 10/15/1995 12/31/1993 12/31/1992 12/31/1990 12/31/1989 ----------Complete Complete Complete Complete Complete ----------240.000 882.000 369.000 498.000 616.000 -----240.000 882.000 369.000 498.000 616.000 ----------1,661.000 14,683.000 14,258.000 13,816.000 12,948.000 ----------1,661.000 14,683.000 14,258.000 13,816.000 12,948.000 -------------------------910.000 1,108.000 1,260.000 1,294.000 1,324.000 --------------------70.000 43,659.000 30,314.000 26,148.000 23,613.000 70.000 43,659.000 30,314.000 26,148.000 23,613.000 2,881.000 60,332.000 46,201.000 41,756.000 38,501.000 ---------------------------------------------1,733.000 3,306.000 4,357.000 7,287.000 6,824.000 ----------73.000 0.000 0.000 0.000 0.000 -------------------------------

---------------161.000 37.000 0.000 0.000 0.000 5,458.000 7,918.000 0.000 0.000 0.000 -----407.000 339.000 4,925.000 3,461.000 0.000 6,026.000 8,294.000 4,925.000 3,461.000 0.000 11,035.000 12,981.000 68,563.000 54,019.000 49,043.000 774.000 591.000 3,957.000 3,939.000 3,695.000 -----753.000 705.000 0.000 0.000 0.000 928.000 977.000 11,043.000 10,287.000 9,529.000 0 0 0 0 0 ---------------95.000 0.000 0.000 0.000 0.000 --------------------95.000 0.000 0.000 0.000 0.000 2,550.000 2,273.000 15,000.000 14,226.000 13,224.000 1,712.000 1,994.000 4,890.000 5,147.000 4,477.000 -----1,712.000 1,994.000 4,890.000 5,147.000 4,477.000 2,640.000 2,971.000 15,933.000 15,434.000 14,006.000 90.000 94.000 0.000 0.000 0.000 90.000 94.000 0.000 0.000 0.000 ----------998.000 ----226.000 970.000 41,426.000 25,925.000 22,796.000 -----1,224.000 970.000 41,426.000 25,925.000 22,796.000 5,576.000 5,331.000 61,316.000 45,298.000 40,497.000 ---------------655.000 673.000 687.000 967.000 973.000 ---------------655.000 673.000 687.000 967.000 973.000 106.000 118.000 119.000 114.000 114.000 -----106.000 118.000 119.000 114.000 114.000 0.000 0.000 76.000 8.000 0.000 6,749.000 7,588.000 7,058.000 8,202.000 8,087.000 ----------(1,938.000) (523.000) (601.000) (677.000) (719.000) (113.000) (206.000) (92.000) 107.000 91.000

---0.000 0.000 -0.000 0.000 45,325.000 3,202.000 -0.000 8,475.000 0 ---0.000 ----0.000 11,677.000 4,538.000 -4,538.000 13,013.000 0.000 0.000 ---21,053.000 -21,053.000 37,268.000 ---977.000 ---977.000 123.000 -123.000 204.000 7,629.000 --(647.000) (229.000)

------------------(113.000) (206.000) (92.000) 107.000 91.000 (229.000) 5,459.000 7,650.000 7,247.000 8,721.000 8,546.000 8,057.000 11,035.000 12,981.000 68,563.000 54,019.000 49,043.000 45,325.000 211.340 235.120 238.120 228.840 228.340 245.520 ------------------211.340 235.120 238.120 228.840 228.340 245.520 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------1994 12/31/1994 12 Months

1993 12/31/1993 12 Months

1992 12/31/1992 12 Months

1991 12/31/1991 12 Months

1990 12/31/1990 12 Months

1989 12/31/1989 12 Months

Restated 10/15/1995 --Complete -1,022.000 343.000 343.000 30.000 -30.000 87.000 11.000 321.000 0.000 0.000 --0.000 332.000 --------0.000 (18.000) (7.000) (25.000) 1,789.000 (407.000) --(407.000) (418.000) 853.000 -0.000 0.000 0.000 --(15.000) 420.000 13.000 (5.000) (5.000) (280.000) -(280.000)

Restated 10/15/1995 --Complete -913.000 287.000 287.000 36.000 -36.000 83.000 0.000 (1,324.000) 50.000 (13.000) --6.000 (1,281.000) --------0.000 83.000 11.000 94.000 132.000 (337.000) --(337.000) 0.000 862.000 -0.000 0.000 0.000 --3.000 865.000 528.000 82.000 82.000 (277.000) -(277.000)

Restated Restated Update Restated 10/15/1995 12/31/1993 12/31/1990 12/31/1990 --------Complete Complete Complete Complete ----(885.000) 749.000 923.000 922.000 315.000 465.000 506.000 480.000 315.000 465.000 506.000 480.000 0.000 0.000 0.000 0.000 ----0.000 0.000 0.000 0.000 395.000 10.000 53.000 (105.000) 625.000 0.000 0.000 0.000 12.000 19.000 0.000 0.000 0.000 0.000 0.000 0.000 (950.000) (211.000) (362.000) (25.000) --------5.000 350.000 115.000 92.000 (308.000) 158.000 (247.000) 67.000 --------------------------------0.000 763.000 686.000 1,039.000 81.000 314.000 298.000 88.000 132.000 (303.000) (280.000) (55.000) 213.000 774.000 704.000 1,072.000 (270.000) 2,156.000 1,939.000 2,436.000 (351.000) (658.000) (742.000) (603.000) --------(351.000) (658.000) (742.000) (603.000) 0.000 0.000 0.000 0.000 1,028.000 26.000 895.000 206.000 ----0.000 16,460.000 9,932.000 11,782.000 0.000 (335.000) 0.000 0.000 0.000 (19,458.000) (12,263.000) (14,075.000) --------(1.000) (1,088.000) (1,049.000) (1,148.000) 1,027.000 (4,395.000) (2,485.000) (3,235.000) 676.000 (5,053.000) (3,227.000) (3,838.000) (98.000) 1,761.000 1,204.000 865.000 (98.000) 1,761.000 1,204.000 865.000 (270.000) (267.000) (268.000) (238.000) ----(270.000) (267.000) (268.000) (238.000)

-(1,016.000) (1,016.000) --0.000 -----(1,016.000) --(66.000) 0.000 (381.000) (381.000) --(447.000) (1,748.000) 28.000 82.000 240.000 322.000 112.000 243.000 ----

-(306.000) (306.000) --0.000 -----(306.000) --166.000 11.000 (237.000) (226.000) --(60.000) (561.000) (8.000) 91.000 --110.000 162.000 ----

-(105.000) (105.000) --0.000 -----(105.000) --170.000 5.000 (75.000) (70.000) --100.000 (373.000) (37.000) (4.000) --139.000 174.000 ----

-(6.000) (6.000) --0.000 -----(6.000) --(878.000) 3,314.000 (1,119.000) 2,195.000 --1,317.000 2,805.000 1.000 (91.000) --1,081.000 157.000 ----

-(490.000) (490.000) --0.000 -----(490.000) --584.000 1,519.000 (1,261.000) 258.000 --842.000 1,288.000 30.000 30.000 --1,093.000 301.000 ----

-(703.000) (703.000) --700.000 -----(3.000) --(368.000) 1,839.000 (656.000) 1,183.000 --815.000 1,439.000 4.000 41.000 --1,070.000 337.000 ---1989

1994

1993

1992

1991

1990

2.2% 1.3% (0.8%)

1.4% 0.1% (0.3%)

7.2% 1.2% (1.8%)

7.7% 1.3% 1.6%

12.2% 2.2% 1.3%

$928.0 1,712.0 655.0 5,459.0 $8,754.0

$977.0 1,994.0 673.0 7,650.0 $11,294.0

$11,043.0 4,890.0 687.0 7,247.0 $23,867.0

$10,287.0 5,147.0 967.0 8,721.0 $25,122.0

$9,529.0 4,477.0 973.0 8,546.0 $23,525.0

$8,475.0 4,538.0 977.0 8,057.0 $22,047.0

$0.89

$0.59

$0.29

$0.86

$0.88

$0.91

$168 7,758 2.2%

$99 6,621 1.5%

$625 6,845 9.1%

$656 21,536 3.0%

$983 20,604 4.8%

$902 20,005 4.5%

$7,758 11,035

$6,621 12,981

$6,845 68,563

$21,536 54,019

$20,604 49,043

$20,005 45,325

0.7x

0.5x

0.1x

0.4x

0.4x

0.4x

1.5%

0.8%

0.9%

1.2%

2.0%

2.0%

11,035 7,650 1.4x

12,981 7,247 1.8x

68,563 8,721 7.9x

54,019 8,546 6.3x

49,043 8,057 6.1x

45,325 NA NA

2.2%

1.4%

7.2%

7.7%

12.2%

NA

$1,568 $716 $417 $373 $148 ($86)

$974 $655 $0 $323 $65 ($69)

$877 $686 $0 $315 $311 ($435)

$996 $0 $0 $465 $166 $365

$1,087 $0 $0 $506 $303 $278

$1,442 $0 $0 $480 $254 $708

$928 $1,712 $5,459 $8,099

$977 $1,994 $7,650 $10,621

$11,043 $4,890 $7,247 $23,180

$10,287 $5,147 $8,721 $24,155

$9,529 $4,477 $8,546 $22,552

$8,475 $4,538 $8,057 $21,070

(0.8%)

(0.3%)

(1.8%)

1.6%

1.3%

NA

$1,789 ($407) $1,382

$132 ($337) ($205)

($270) ($351) ($621)

$2,156 ($658) $1,498

$1,939 ($742) $1,197

$2,436 ($603) $1,833

$168

$99

$625

$656

$983

$902

822.6%

(207.1%)

(99.4%)

228.4%

121.8%

203.2%

1994

1993

1992

1991

1990

$7,758 17.2%

$6,621 (3.3%)

$6,845 (68.2%)

$21,536 4.5%

$20,604 3.0%

$20,005

1989

$168 $280 ($112) NA

$99 $277 ($178) NA

$625 $270 $355 56.8%

$656 $267 $389 59.3%

$983 $268 $715 72.7%

$902 $238 $664 73.6%

2.2%

1.4%

7.2%

7.7%

12.2%

0.0%

0.0%

0.0%

4.1%

4.6%

8.9%

0.0%

$62 0.8%

($4) (0.1%)

($124) (1.8%)

$531 2.5%

$581 2.8%

$962 4.8%

$148 42.3%

$65 32.5%

$311 32.2%

$166 18.6%

$303 21.9%

$254 20.4%

$373 4.8%

$323 4.9%

$315 4.6%

$465 2.2%

$506 2.5%

$480 2.4%

($407) 5.2%

($337) 5.1%

($351) 5.1%

($658) 3.1%

($742) 3.6%

($603) 3.0%

$1,112 990 774 $1,328 17.1%

$1,661 910 591 $1,980 29.9%

$14,683 1,108 3,957 $11,834 172.9%

$14,258 1,260 3,939 $11,579 53.8%

$13,816 1,294 3,695 $11,415 55.4%

$12,948 1,324 3,202 $11,070

All Financial Reports

ITT Corp Income Statement - Interim Standardised in Millions of US Dollar Fiscal Period: Period End Date: Period Length: Update Type: Update Date: Source Source Date: Complete Statement: Net Sales Gross Revenue Sales Returns and Allowances Excise Tax Receipts Revenue Interest Income, Non-Bank Other Revenue Other Revenue, Total Total Revenue Cost of Revenue Excise Taxes Payments Cost of Revenue, Total Gross Profit Selling/General/Administrative Expense Labor & Related Expense Advertising Expense Selling/General/Admin. Expenses, Total Research & Development Depreciation Amortization of Intangibles Amortization of Acquisition Costs Depreciation/Amortization Interest Expense - Operating Interest Capitalized - Operating Interest Expense, Net - Operating Interest Income - Operating Investment Income - Operating Interest/Investment Income - Operating Interest Expense(Income) - Net Operating Interest Exp.(Inc.),Net-Operating, Total Purchased R&D Written-Off Restructuring Charge Litigation Impairment-Assets Held for Use Impairment-Assets Held for Sale Other Unusual Expense (Income) Unusual Expense (Income) Foreign Currency Adjustment Unrealized Losses (Gains) Minimum Pension Liability Adjustment Loss(Gain) on Sale of Assets - Operating

2009 Q1 3/31/2009 3 Months Update 3/31/2009 10-Q 4/27/2009 Complete 2,557.100 ---2,557.100 ---2,557.100 1,888.000 -1,888.000 669.100 384.000 --384.000 52.900 -------------10.700 ----10.700 -----

2008 Q4 12/31/2008 3 Months Update 12/31/2008 10-K 2/25/2009 Complete 2,945.000 ---2,945.000 ---2,945.000 2,128.300 -2,128.300 816.700 440.100 --440.100 71.800 -------------61.600 ----61.600 -----

2008 Q3 9/30/2008 3 Months Update 9/30/2008 10-Q 10/27/2008 Complete 2,879.300 ---2,879.300 ---2,879.300 2,068.600 -2,068.600 810.700 417.000 --417.000 60.700 -------------5.000 ----5.000 -----

2008 Q2 6/30/2008 3 Months Update 6/30/2008 10-Q 7/25/2008 Complete 3,064.100 ---3,064.100 ---3,064.100 2,197.000 -2,197.000 867.100 445.800 --445.800 59.200 -------------7.300 ----7.300 -----

2008 Q1 3/31/2008 3 Months Update 3/31/2008 10-Q 4/25/2008 Complete 2,806.400 ---2,806.400 ---2,806.400 2,045.500 -2,045.500 760.900 420.600 --420.600 52.600 -------------3.600 ----3.600 -----

Other Operating Expense Other, Net Other Operating Expenses, Total Total Operating Expense Operating Income Interest Expense - Non-Operating Interest Capitalized - Non-Operating Interest Expense, Net Non-Operating Interest Income - Non-Operating Investment Income - Non-Operating Interest/Invest Income - Non-Operating Interest Income(Exp), Net Non-Operating Interest Inc.(Exp.),Net-Non-Op., Total Gain (Loss) on Sale of Assets Foreign Currency Adjustment Unrealized Gains (Losses) Minimum Pension Liability Adjustment Other Non-Operating Income (Expense) Other, Net Net Income Before Taxes Provision for Income Taxes Net Income After Taxes Minority Interest Equity In Affiliates U.S. GAAP Adjustment Net Income Before Extra. Items Accounting Change Discontinued Operations Extraordinary Item Tax on Extraordinary Items Total Extraordinary Items Net Income Preferred Dividends General Partners' Distributions Miscellaneous Earnings Adjustment Pro Forma Adjustment Interest Adjustment - Primary EPS Total Adjustments to Net Income Income Available to Com Excl ExtraOrd Income Available to Com Incl ExtraOrd Basic Weighted Average Shares Basic EPS Excluding Extraordinary Items Basic EPS Including Extraordinary Items Dilution Adjustment Diluted Net Income Diluted Weighted Average Shares Diluted EPS Excluding ExtraOrd Items Diluted EPS Including ExtraOrd Items DPS - Common Stock Primary Issue Dividends per Share - Com Stock Issue 2 Dividends per Share - Com Stock Issue 3 Dividends per Share - Com Stock Issue 4 Special DPS - Common Stock Primary Issue Special DPS - Common Stock Issue 2

---2,335.600 221.500 (26.400) -(26.400) 4.300 -4.300 -(22.100) ----(2.900) (2.900) 196.500 10.000 186.500 ---186.500 -(2.400) --(2.400) 184.100 ------186.500 184.100 182.000 1.020 1.010 -184.100 183.200 1.020 1.000 0.210 ------

---2,701.800 243.200 (39.500) -(39.500) 6.700 -6.700 -(32.800) ----(2.500) (2.500) 207.900 32.400 175.500 ---175.500 -10.000 --10.000 185.500 ------175.500 185.500 180.500 0.970 1.030 -185.500 182.400 0.960 1.020 0.180 ------

---2,551.300 328.000 (29.300) -(29.300) 8.300 -8.300 -(21.000) ----(3.900) (3.900) 303.100 98.600 204.500 ---204.500 -11.800 --11.800 216.300 ------204.500 216.300 180.600 1.130 1.200 0.000 216.300 183.800 1.110 1.180 0.180 ------

---2,709.300 354.800 (31.400) -(31.400) 7.900 -7.900 -(23.500) ----(3.700) (3.700) 327.600 103.300 224.300 ---224.300 -(3.300) --(3.300) 221.000 ------224.300 221.000 181.000 1.240 1.220 -221.000 184.300 1.220 1.200 0.180 ------

---2,522.300 284.100 (40.600) -(40.600) 8.400 -8.400 -(32.200) ----(3.000) (3.000) 248.900 78.000 170.900 ---170.900 -1.000 --1.000 171.900 ------170.900 171.900 180.700 0.950 0.950 0.000 171.900 183.400 0.930 0.940 0.180 ------

Special DPS - Common Stock Issue 3 Special DPS - Common Stock Issue 4 Gross Dividends - Common Stock (Gain) Loss on Sale of Assets, Suppl. Impairment-Assets Held for Sale, Suppl. Impairment-Assets Held for Use, Suppl. Litigation Charge, Supplemental Purchased R&D Written-Off, Supplemental Restructuring Charge, Supplemental Other Unusual Expense(Income), Suppl. Non-Recurring Items, Supplemental, Total Total Special Items Normalized Income Before Taxes Effect of Special Items on Income Taxes Inc Tax Ex Impact of Sp Items Normalized Income After Taxes Normalized Inc. Avail to Com. Basic Normalized EPS Diluted Normalized EPS Pro Forma Stock Compensation Expense Net Income after Stock Based Comp. Exp. Basic EPS after Stock Based Comp. Exp. Diluted EPS after Stock Based Comp. Exp. Stock-Based Compensation, Supplemental Interest Expense, Supplemental Interest Capitalized, Supplemental Depreciation, Supplemental Funds From Operations - REIT Amort of Acquisition Costs, Supplemental Amort of Intangibles, Supplemental Rental Expense, Supplemental EPS, Supplemental Advertising Expense, Supplemental Equity in Affiliates, Supplemental Minority Interest, Supplemental Research & Development Exp, Supplemental Audit Fees Audit-Related Fees Tax Fees All Other Fees Reported Recurring Revenue Reported Net Premiums Written Reported Total Revenue Reported Operating Revenue Reported Total Cost of Revenue Reported Total Sales, General & Admin. Reported Gross Profit Reported Operating Profit Reported Operating Profit Margin Reported Ordinary Profit Reported Net Income After Tax Reported Basic EPS Reported Diluted EPS Reported Net Business Profits

-----------10.700 207.200 0.550 10.550 196.660 196.660 1.080 1.070 ----8.100 26.400 -66.200 --26.200 -----52.900 -----------221.500 -------

-----------61.600 269.500 9.600 42.000 227.500 227.500 1.260 1.250 ----7.600 39.500 -42.100 --20.400 -----71.800 -------------------

-----------5.000 308.100 1.630 100.230 207.870 207.870 1.150 1.130 ----8.200 29.300 -43.600 --23.600 -----60.700 -------------------

-----------7.300 334.900 2.300 105.600 229.300 229.300 1.270 1.240 ----6.900 31.400 -42.400 --35.000 -----59.200 -----------354.800 -------

-----------3.600 252.500 1.130 79.130 173.370 173.370 0.960 0.950 ----8.100 40.600 -50.200 --21.000 -----52.600 -----------284.100 -------

Balance Sheet (Differentiates) Interim - Standardised in Millions of US Dollar Fiscal Period: Period End Date: Update Type: Update Date: Source Source Date: Complete Statement: Cash Cash & Equivalents Short Term Investments Cash and Short Term Investments Accounts Receivable - Trade, Gross Provision for Doubtful Accounts Accounts Receivable - Trade, Net Notes Receivable - Short Term Receivables - Other Total Receivables, Net Inventories - Finished Goods Inventories - Work In Progress Inventories - Raw Materials Inventories - Other LIFO Reserve Total Inventory Prepaid Expenses Restricted Cash - Current Deferred Income Tax - Current Asset Discountinued Operations - Current Asset Other Current Assets Other Current Assets, Total Total Current Assets Buildings - Gross Land/Improvements - Gross Machinery/Equipment - Gross Construction in Progress - Gross Leases - Gross Natural Resources - Gross Other Property/Plant/Equipment - Gross Property/Plant/Equipment, Total - Gross Accumulated Depreciation, Total Property/Plant/Equipment, Total - Net Goodwill - Gross Accumulated Goodwill Amortization Goodwill, Net Intangibles - Gross Accumulated Intangible Amortization Intangibles, Net LT Investment - Affiliate Companies LT Investments - Other Long Term Investments Note Receivable - Long Term Deferred Charges

2009 Q1 3/31/2009 Update 3/31/2009 10-Q 4/27/2009 Complete -911.000 -911.000 1,818.900 (42.800) 1,776.100 -77.500 1,853.600 196.500 344.700 369.000 (84.000) -826.200 --203.000 -159.300 362.300 3,953.100 584.300 56.800 1,817.700 104.900 --87.700 2,651.400 (1,690.900) 960.500 --3,798.800 808.300 (223.800) 584.500 8.100 -8.100 ---

2008 Q4 12/31/2008 Update 12/31/2008 10-K 2/25/2009 Complete -964.900 -964.900 1,909.400 (41.200) 1,868.200 -92.900 1,961.100 196.200 323.000 365.500 (80.900) -803.800 --203.400 -131.000 334.400 4,064.200 575.900 59.000 1,851.100 132.400 --82.300 2,700.700 (1,706.800) 993.900 --3,831.300 817.200 (200.700) 616.500 8.400 -8.400 ---

2008 Q3 9/30/2008 Update 9/30/2008 10-Q 10/27/2008 Complete -957.300 -957.300 1,865.300 (36.300) 1,829.000 -92.200 1,921.200 219.300 355.400 413.300 (106.100) -881.900 --103.000 -157.400 260.400 4,020.800 584.500 61.500 1,887.500 91.600 --85.900 2,711.000 (1,739.600) 971.400 --3,872.200 827.600 (179.800) 647.800 7.600 -7.600 ---

2008 Q2 6/30/2008 Update 6/30/2008 10-Q 7/25/2008 Complete -877.700 -877.700 1,970.500 (35.700) 1,934.800 -103.900 2,038.700 235.200 342.500 450.700 (105.000) -923.400 --104.500 -180.200 284.700 4,124.500 592.400 63.200 1,932.100 84.400 --91.500 2,763.600 (1,774.800) 988.800 --3,910.400 827.400 (158.700) 668.700 9.000 -9.000 ---

2008 Q1 3/31/2008 Update 3/31/2008 10-Q 4/25/2008 Complete -899.600 -899.600 1,908.700 (29.500) 1,879.200 -105.100 1,984.300 257.300 335.100 437.000 (69.100) -960.300 --105.900 -193.200 299.100 4,143.300 575.800 64.300 1,902.900 99.300 --83.900 2,726.200 (1,740.900) 985.300 --3,891.400 812.100 (127.400) 684.700 ------

Pension Benefits - Overfunded Defered Income Tax - Long Term Asset Discontinued Operations - LT Asset Restricted Cash - Long Term Other Long Term Assets Other Long Term Assets, Total Total Assets Accounts Payable Payable/Accrued Accrued Expenses Notes Payable/Short Term Debt Current Port. of LT Debt/Capital Leases Dividends Payable Customer Advances Security Deposits Income Taxes Payable Other Payables Deferred Income Tax - Current Liability Discontinued Operations - Curr Liability Other Current Liabilities Other Current liabilities, Total Total Current Liabilities Long Term Debt Capital Lease Obligations Total Long Term Debt Total Debt Deferred Income Tax - LT Liability Deferred Income Tax Minority Interest Reserves Pension Benefits - Underfunded Other Long Term Liabilities Discontinued Operations - Liabilities Other Liabilities, Total Total Liabilities Redeemable Preferred Stock Redeemable Convertible Preferred Stock Redeemable Preferred Stock, Total Preferred Stock - Non Redeemable Convertible Preferred Stock - Non Rdmbl Treasury Stock - Preferred General Partner Preferred Stock - Non Redeemable, Net Common Stock Limited Partner Common Stock, Total Additional Paid-In Capital Retained Earnings (Accumulated Deficit) Treasury Stock - Common ESOP Debt Guarantee Unrealized Gain (Loss) Translation Adjustment Other Equity Minimum Pension Liability Adjustment

16.000 1.700 708.300 696.600 -602.800 608.500 42.900 42.000 36.200 ----------374.000 355.700 365.900 363.200 1,054.400 992.800 965.900 1,117.100 1,101.800 1,090.600 10,297.800 10,480.200 10,636.900 10,803.200 10,795.300 1,231.300 1,234.600 1,267.300 1,336.000 1,341.000 -----926.200 991.200 976.200 981.800 921.100 1,510.900 1,679.000 1,662.300 1,799.000 1,990.300 0 0 0 0 0 ---------------69.100 30.200 76.500 62.000 101.400 -----28.200 26.700 8.000 6.200 7.500 -----68.800 68.800 68.500 68.500 68.500 166.100 125.700 153.000 136.700 177.400 3,834.500 4,030.500 4,058.800 4,253.500 4,429.800 466.500 467.900 479.100 480.700 482.500 -----466.500 467.900 479.100 480.700 482.500 1,977.400 2,146.900 2,141.400 2,279.700 2,472.800 124.900 182.900 312.400 314.500 -124.900 182.900 312.400 314.500 -0 ---------2,134.700 2,141.600 746.500 765.900 775.400 582.900 597.400 627.800 616.800 906.700 -----2,717.600 2,739.000 1,374.300 1,382.700 1,682.100 7,143.500 7,420.300 6,224.600 6,431.400 6,594.400 ----------0 -----------------------------180.900 180.600 180.400 180.500 180.800 -----180.900 180.600 180.400 180.500 180.800 -----4,358.700 4,203.000 4,035.500 3,854.500 3,680.900 ----------0.600 0.600 0.500 0.700 0.700 138.300 209.800 379.800 524.200 530.700 -----(1,524.200) (1,534.100) (183.900) (188.100) (192.200)

Other Comprehensive Income Other Equity, Total Total Equity Total Liabilities & Shareholders' Equity Shares Outs - Common Stock Primary Issue Shares Outstanding - Common Issue 2 Shares Outstanding - Common Issue 3 Shares Outstanding - Common Issue 4 Total Common Shares Outstanding Treas Shares - Common Stock Prmry Issue Treasury Shares - Common Issue 2 Treasury Shares - Common Issue 3 Treasury Shares - Common Issue 4 Shares Outstanding - Preferred Issue 1 Shares Outstanding - Preferred Issue 2 Shares Outstanding - Preferred Issue 3 Shares Outstanding - Preferred Issue 4 Shares Outstanding - Preferred Issue 5 Shares Outstanding - Preferred Issue 6 Total Preferred Shares Outstanding Treasury Shares - Preferred Issue 1 Treasury Shares - Preferred Issue 2 Treasury Shares - Preferred Issue 3 Treasury Shares - Preferred Issue 4 Treasury Shares - Preferred Issue 5 Treasury Shares - Preferred Issue 6 Full-Time Employees Part-Time Employees Number of Common Shareholders Accumulated Goodwill Amortization Suppl. Accumulated Intangible Amort, Suppl. Deferred Revenue - Current Deferred Revenue - Long Term Total Risk-Weighted Capital Tier 1 Capital % Total Capital % Trading Account Credit Exposure Non-Performing Loans Assets under Management Reported Total Assets Reported Total Liabilities Shareholders' Equity Excl. Stock Subscr. Reported Shareholder's Equity Reported Net Assets Reported Net Assets to Total Assets Reported Return on Assets Reported Return on Equity

-----(1,385.900) (1,324.300) 195.900 336.100 338.500 3,154.300 3,059.900 4,412.300 4,371.800 4,200.900 10,297.800 10,480.200 10,636.900 10,803.200 10,795.300 182.000 181.700 181.560 181.690 181.610 ---------------182.000 181.700 181.560 181.690 181.610 -25.200 -------------------------------------------------------------------------------------------------------223.800 200.700 179.800 158.700 127.400 --------------------------------------------------------------------------------------

Cash Flow (Indirect) - Interim - Standardised in Millions of US Dollar [+] Add Item Fiscal Period: Period End Date: Period Length: Update Type: Update Date:

2009 Q1 3/31/2009 3 Months Update 3/31/2009

2008 Q4 12/31/2008 12 Months Update 12/31/2008

2008 Q3 9/30/2008 9 Months Update 9/30/2008

2008 Q2 6/30/2008 6 Months Update 6/30/2008

2008 Q1 3/31/2008 3 Months Update 3/31/2008

Source Source Date: Complete Statement: Net Income/Starting Line Depreciation Depreciation/Depletion Amortization of Intangibles Amortization of Acquisition Costs Amortization Deferred Taxes Accounting Change Discontinued Operations Extraordinary Item Unusual Items Purchased R&D Equity in Net Earnings (Loss) Other Non-Cash Items Non-Cash Items Accounts Receivable Inventories Prepaid Expenses Other Assets Accounts Payable Accrued Expenses Payable/Accrued Taxes Payable Other Liabilities Other Assets & Liabilities, Net Other Operating Cash Flow Changes in Working Capital Cash from Operating Activities Purchase of Fixed Assets Purchase/Acquisition of Intangibles Software Development Costs Capital Expenditures Acquisition of Business Sale of Business Sale of Fixed Assets Sale/Maturity of Investment Investment, Net Purchase of Investments Sale of Intangible Assets Intangible, Net Other Investing Cash Flow Other Investing Cash Flow Items, Total Cash from Investing Activities Other Financing Cash Flow Financing Cash Flow Items Cash Dividends Paid - Common Cash Dividends Paid - Preferred Total Cash Dividends Paid Sale/Issuance of Common Repurchase/Retirement of Common Common Stock, Net

10-Q 4/27/2009 Complete 184.100 66.200 66.200 --0 (3.800) -1.800 -(15.200) --8.100 (5.300) 75.600 (44.200) -(46.500) --(16.800) -(6.500) -9.700 (28.700) 212.500 (47.700) --(47.700) (1.600) -10.300 -----2.000 10.700 (37.000) (1.400) (1.400) (31.800) -(31.800) 2.400 0 2.400

10-K 2/25/2009 Complete 794.700 278.300 278.300 --0 19.700 -(28.600) -23.400 --30.800 25.600 (112.900) 70.400 -(0.800) --61.300 -(21.900) -(3.900) (7.800) 1,110.500 (248.700) --(248.700) (275.700) -21.600 -----(2.000) (256.100) (504.800) 5.800 5.800 (120.900) -(120.900) 34.400 (75.000) (40.600)

10-Q 10/27/2008 Complete 609.200 215.800 215.800 --0 48.300 -(15.200) -(21.400) --23.200 (13.400) (16.900) 1.300 -(36.600) --57.400 -17.700 -7.500 30.400 890.300 (136.600) --(136.600) (241.000) -11.500 -----1.700 (227.800) (364.400) 5.100 5.100 (89.100) -(89.100) 31.600 (75.000) (43.400)

10-Q 7/25/2008 Complete 392.900 148.600 148.600 --0 16.500 -(5.800) -(17.800) --15.000 (8.600) (68.400) (15.000) -(29.100) --34.800 -5.400 -5.000 (67.300) 482.100 (79.400) --(79.400) (229.000) -2.300 -----(1.200) (227.900) (307.300) 0.800 0.800 (57.200) -(57.200) 22.000 0.000 22.000

10-Q 4/25/2008 Complete 171.900 71.200 71.200 --0 63.900 -(0.500) -(11.000) --8.100 (3.400) (2.700) (49.700) -(27.400) --0.900 -(3.800) -(1.100) (83.800) 219.800 (33.900) --(33.900) (195.900) -3.200 -----0.800 (191.900) (225.800) (1.200) (1.200) (25.400) -(25.400) 4.300 0.000 4.300

Sale/Issuance of Preferred Repurchase/Retirement of Preferred Preferred Stock, Net Sale/Issuance of Common/Preferred Repurch./Retirement of Common/Preferred Options Exercised Warrants Converted Treasury Stock Issuance (Retirement) of Stock, Net Short Term Debt Issued Short Term Debt Reduction Short Term Debt, Net Long Term Debt Issued Long Term Debt Reduction Long Term Debt, Net Total Debt Issued Total Debt Reduction Issuance (Retirement) of Debt, Net Cash from Financing Activities Foreign Exchange Effects Net Change in Cash Net Cash - Beginning Balance Net Cash - Ending Balance Cash Interest Paid Cash Taxes Paid Reported Cash from Operating Activities Reported Cash from Investing Activities Reported Cash from Financing Activities

ROE ROA ROIC

Short-term Debt Long-Term Debt Preferred Stock Equity Common Stock Equity Invested Capital $ Revenue / $ Invested Capital LTM EBITDA

----------------------------------------2.400 (40.600) (43.400) 22.000 4.300 ----------(166.200) (1,229.000) (1,254.100) (1,143.500) (972.500) 0.000 0.600 0.500 0.500 0.500 (2.600) (23.300) (15.400) (14.500) (14.100) (2.600) (22.700) (14.900) (14.000) (13.600) ----------(168.800) (1,251.700) (1,269.000) (1,157.500) (986.100) (199.600) (1,407.400) (1,396.400) (1,191.900) (1,008.400) (29.800) (73.400) (12.200) 54.800 74.000 (53.900) (875.100) (882.700) (962.300) (940.400) 964.900 1,840.000 1,840.000 1,840.000 1,840.000 911.000 964.900 957.300 877.700 899.600 25.500 135.500 84.200 64.300 34.700 15.100 281.600 244.200 161.300 14.100 ---------------2009 Q1

2008 Q4

2008 Q3

2008 Q2

2008 Q1

18.8% 7.3% 10.7%

19.7% 6.7% 9.3%

21.1% 8.5% 12.4%

22.7% 8.8% 13.6%

23.0% 8.6% 14.2%

$1,510.9 466.5 -3,154.3 $5,131.7

$1,679.0 467.9 -3,059.9 $5,206.8

$1,662.3 479.1 -4,412.3 $6,553.7

$1,799.0 480.7 -4,371.8 $6,651.5

$1,990.3 482.5 -4,200.9 $6,673.7

$2.23

$2.25

$1.72

$1.59

$1.46

$1,232.1

DuPont ROE Analysis Net Income Revenue Profit Margin

$791 11,446 6.9%

$775 11,695 6.6%

$728 11,279 6.5%

$692 10,580 6.5%

$667 9,739 6.8%

Revenue Total Assets Asset Utilization

$11,446 10,298 1.1x

$11,695 10,480 1.1x

$11,279 10,637 1.1x

$10,580 10,803 1.0x

$9,739 10,795 0.9x

Return on Assets

7.7%

7.4%

6.8%

6.4%

6.2%

10,298 4,201 2.5x

10,480 3,945 2.7x

10,637 3,451 3.1x

10,803 3,049 3.5x

10,795 2,906 3.7x

18.8%

19.7%

21.1%

22.7%

23.0%

Gross Profit SG&A R&D D&A Taxes NOPAT

$3,164 $1,687 $245 $273 $244 $715

$3,255 $1,724 $244 $278 $312 $697

$3,139 $1,648 $225 $267 $370 $630

$2,970 $1,558 $211 $245 $345 $611

$2,745 $1,443 $195 $212 $282 $612

ST debt LT debt Equity Invested Capital

$1,511 $467 $3,154 $5,132

$1,679 $468 $3,060 $5,207

$1,662 $479 $4,412 $6,554

$1,799 $481 $4,372 $6,652

$1,990 $483 $4,201 $6,674

ROIC

10.7%

9.3%

12.4%

13.6%

14.2%

OCF Capex FCF

$1,103 ($263) $841

$1,111 ($249) $862

$1,185 ($268) $917

$1,120 ($252) $868

$997 ($245) $752

$791

$775

$728

$692

$667

106.3%

111.2%

126.0%

125.4%

112.8%

Total Assets Beginning Common Equity Leverage Return on Equity

Net Income FCF Conversion (FCF/NI)

2007 Q4 2007 Q3 2007 Q2 2007 Q1 2006 Q4 2006 Q3 2006 Q2 2006 Q1 2005 Q4 12/31/2007 9/30/2007 6/30/2007 3/31/2007 12/31/2006 9/30/2006 6/30/2006 3/31/2006 12/31/2005 3 Months 3 Months 3 Months 3 Months 3 Months 9 Months 3 Months 3 Months 3 Months Update Update Update Update Update Reclassified Reclassified Restated Restated 12/31/2007 9/30/2007 6/30/2007 3/31/2007 12/31/2006 12/31/2007 6/30/2007 3/31/2007 12/31/2006 10-K 10-Q 10-Q 10-Q 10-K 10-K 10-Q 10-Q 10-K 2/28/2008 10/26/2007 7/30/2007 5/4/2007 2/28/2007 2/28/2008 7/30/2007 5/4/2007 2/28/2007 Complete Complete Complete Complete Complete Complete Complete Complete Complete 2,528.700 2,181.200 2,223.100 2,070.300 2,051.300 5,756.600 1,964.000 1,791.500 1,845.500 ---------------------------2,528.700 2,181.200 2,223.100 2,070.300 2,051.300 5,756.600 1,964.000 1,791.500 1,845.500 ---------------------------2,528.700 2,181.200 2,223.100 2,070.300 2,051.300 5,756.600 1,964.000 1,791.500 1,845.500 1,828.100 1,540.100 1,580.700 1,486.100 1,458.900 4,159.500 1,413.000 1,308.700 1,281.300 ---------1,828.100 1,540.100 1,580.700 1,486.100 1,458.900 4,159.500 1,413.000 1,308.700 1,281.300 700.600 641.100 642.400 584.200 592.400 1,597.100 551.000 482.800 564.200 364.200 327.600 330.900 320.000 331.700 844.200 284.100 263.100 310.100 ------------------364.200 327.600 330.900 320.000 331.700 844.200 284.100 263.100 310.100 52.400 46.800 42.800 40.300 41.300 119.600 39.300 38.600 40.400 ---------------------------------------------------------------------------------------------------------------------35.000 7.200 17.500 6.400 19.700 32.000 10.400 11.900 10.800 ------------------------------------35.000 7.200 17.500 6.400 19.700 32.000 10.400 11.900 10.800 -------------------------------------

---------------------------2,279.700 1,921.700 1,971.900 1,852.800 1,851.600 5,155.300 1,746.800 1,622.300 1,642.600 249.000 259.500 251.200 217.500 199.700 601.300 217.200 169.200 202.900 (46.200) (25.800) (19.100) (23.800) (25.400) (60.800) (21.500) (19.900) (23.100) ---------(46.200) (25.800) (19.100) (23.800) (25.400) (60.800) (21.500) (19.900) (23.100) 18.600 12.600 10.200 8.200 10.600 14.800 4.800 3.700 6.400 ---------18.600 12.600 10.200 8.200 10.600 14.800 4.800 3.700 6.400 ---------(27.600) (13.200) (8.900) (15.600) (14.800) (46.000) (16.700) (16.200) (16.700) ------------------------------------(2.800) (4.600) (2.100) (3.900) 0.700 (13.600) (4.300) (5.200) (6.800) (2.800) (4.600) (2.100) (3.900) 0.700 (13.600) (4.300) (5.200) (6.800) 218.600 241.700 240.200 198.000 185.600 541.700 196.200 147.800 179.400 90.200 73.100 41.000 61.200 63.700 163.900 61.700 44.900 56.900 128.400 168.600 199.200 136.800 121.900 377.800 134.500 102.900 122.500 ---------------------------128.400 168.600 199.200 136.800 121.900 377.800 134.500 102.900 122.500 ----0.000 ---(6.500) 29.900 61.500 14.500 3.200 18.900 62.500 6.400 53.000 (200.000) ------------------29.900 61.500 14.500 3.200 18.900 62.500 6.400 53.000 (206.500) 158.300 230.100 213.700 140.000 140.800 440.300 140.900 155.900 (84.000) ------------------------------------------------------128.400 168.600 199.200 136.800 121.900 377.800 134.500 102.900 122.500 158.300 230.100 213.700 140.000 140.800 440.300 140.900 155.900 (84.000) 180.500 180.200 180.300 181.200 184.000 184.300 184.300 184.600 184.500 0.710 0.940 1.100 0.750 0.660 2.050 0.730 0.560 0.660 0.880 1.280 1.190 0.770 0.770 2.390 0.760 0.840 (0.460) -0.000 -0.000 -----158.300 230.100 213.700 140.000 140.800 440.300 140.900 155.900 (84.000) 183.900 183.700 183.700 184.300 187.100 187.400 187.200 187.800 188.100 0.700 0.920 1.080 0.740 0.650 2.020 0.720 0.550 0.650 0.860 1.250 1.160 0.760 0.750 2.350 0.750 0.830 (0.450) 0.140 0.140 0.140 0.140 0.110 0.330 0.110 0.110 0.090 ----------------------------------------------

-----------35.000 253.600 14.440 104.640 148.960 148.960 0.830 0.810 -----46.200 -35.700 --15.000 -----52.400 -----------249.000 -------

-----------7.200 248.900 2.180 75.280 173.620 173.620 0.960 0.950 ----7.900 25.800 -40.600 --5.300 -----46.800 -----------259.500 -------

-----------17.500 257.700 2.990 43.990 213.710 213.710 1.190 1.160 ----11.200 19.100 -37.200 --7.400 -----42.800 -----------251.200 -------

-----------6.400 204.400 1.980 63.180 141.220 141.220 0.780 0.770 ----7.500 23.800 -36.600 --7.600 -----40.300 -----------217.500 -------

-----------19.700 205.300 6.760 70.460 134.840 134.840 0.730 0.720 -----25.400 -44.500 --------41.300 -------------------

-----------32.000 573.700 9.680 173.580 400.120 400.120 2.170 2.140 -----60.800 -127.100 --------119.600 -----------601.300 -------

-----------10.400 206.600 3.270 64.970 141.630 141.630 0.770 0.760 -----21.500 -33.500 --6.500 -----39.300 -----------217.200 -------

-----------11.900 159.700 3.620 48.520 111.190 111.190 0.600 0.590 -----19.900 -38.100 --6.100 -----38.600 -----------169.200 -------

-----------10.800 190.200 3.430 60.330 129.880 129.880 0.700 0.690 -----23.100 -46.600 --------40.400 -------------------

2007 Q4 2007 Q3 2007 Q2 2007 Q1 12/31/2007 9/30/2007 6/30/2007 3/31/2007 Reclassified Update Update Update 6/30/2008 9/30/2007 6/30/2007 3/31/2007 10-Q 10-Q 10-Q 10-Q 7/25/2008 10/26/2007 7/30/2007 5/4/2007 Complete Complete Complete Complete ----1,840.000 1,440.100 1,113.300 1,050.200 ----1,840.000 1,440.100 1,113.300 1,050.200 1,843.300 1,435.800 1,373.500 1,294.900 (36.200) (34.000) (29.900) (27.700) 1,807.100 1,401.800 1,343.600 1,267.200 ----127.900 92.100 85.600 81.300 1,935.000 1,493.900 1,429.200 1,348.500 209.400 213.800 201.900 207.300 304.000 273.100 289.800 282.700 470.800 401.200 354.900 355.900 (96.600) (109.000) (93.700) (84.000) ----887.600 779.100 752.900 761.900 --------105.900 87.700 83.900 83.400 -5.900 183.600 184.900 161.300 131.100 116.000 136.900 267.200 224.700 383.500 405.200 4,929.800 3,937.800 3,678.900 3,565.800 573.300 527.700 499.700 494.500 58.700 58.200 52.800 51.500 1,831.400 1,750.200 1,688.300 1,667.500 93.300 90.200 86.000 81.500 --------76.500 75.000 71.400 66.300 2,633.200 2,501.300 2,398.200 2,361.300 (1,652.900) (1,626.000) (1,572.100) (1,539.200) 980.300 875.300 826.100 822.100 --------3,829.700 2,600.100 2,348.000 2,338.400 835.100 390.500 284.000 282.200 (102.100) (92.300) (84.200) (76.000) 733.000 298.200 199.800 206.200 9.300 -------9.300 ------------

2006 Q4 2006 Q3 2006 Q2 2006 Q1 12/31/2006 9/30/2006 6/30/2006 3/31/2006 Reclassified Update Update Update 6/30/2007 9/30/2006 6/30/2006 3/31/2006 10-Q 10-Q 10-Q 10-Q 7/30/2007 11/7/2006 8/7/2006 5/10/2006 Complete Complete Complete Complete ----937.100 792.500 755.000 623.800 ----937.100 792.500 755.000 623.800 1,225.700 1,206.200 1,435.800 1,349.200 (31.300) (29.400) (31.900) (31.900) 1,194.400 1,176.800 1,403.900 1,317.300 ----94.500 93.700 --1,288.900 1,270.500 1,403.900 1,317.300 202.900 179.500 182.100 177.300 266.700 287.600 283.400 283.500 338.900 344.200 349.800 331.800 (82.000) (94.100) (87.000) (85.600) ----726.500 717.200 728.300 707.000 --------79.800 69.000 74.300 73.200 183.200 205.200 0.000 0.000 102.800 89.200 99.000 102.900 365.800 363.400 173.300 176.100 3,318.300 3,143.600 3,060.500 2,824.200 495.300 476.800 512.900 498.400 51.300 51.200 51.900 58.500 1,649.300 1,588.600 1,701.900 1,652.900 93.400 72.900 79.000 68.900 --------62.700 57.900 66.700 65.300 2,352.000 2,247.400 2,412.400 2,344.000 (1,519.000) (1,471.800) (1,572.300) (1,514.700) 833.000 775.600 840.100 829.300 --------2,336.800 2,308.900 2,348.400 2,284.800 281.400 299.000 262.800 260.600 (68.200) (61.100) (52.900) (50.200) 213.200 237.900 209.900 210.400 ---------------------

2005 Q4 12/31/2005 Reclassified 12/31/2006 10-K 2/28/2007 Complete -451.000 -451.000 1,086.500 (34.100) 1,052.400 -145.300 1,197.700 151.900 265.400 287.700 (82.100) -622.900 --73.700 474.400 66.900 615.000 2,886.600 454.000 54.800 1,529.200 67.800 --52.700 2,158.500 (1,376.500) 782.000 --2,227.300 251.800 (40.300) 211.500 ------

675.600 29.700 --365.300 1,070.600 11,552.700 1,296.800 -958.900 3,083.000 0 ---40.900 -8.200 -68.500 117.600 5,456.300 483.000 -483.000 3,566.000 310.100 310.100 --764.600 593.900 -1,358.500 7,607.900 --------180.700 -180.700 -3,528.800 --0.700 431.000 -(196.400)

-196.000 --689.900 885.900 8,597.300 1,016.400 -860.500 1,143.800 0 ---73.200 -1.900 1.500 68.900 145.500 3,166.200 491.400 -491.400 1,635.200 ----716.800 771.900 -1,488.700 5,146.300 --------180.400 -180.400 -3,378.600 --(0.300) 352.700 -(460.400)

-190.100 --664.000 854.100 7,906.900 984.400 -772.600 962.600 0 ---99.400 -0.800 94.100 68.900 263.200 2,982.800 486.000 -486.000 1,448.600 ----715.800 673.300 -1,389.100 4,857.900 --------180.300 -180.300 -3,159.200 --(0.300) 182.500 -(472.700)

-163.100 --633.700 796.800 7,729.300 953.100 -799.700 914.600 0 ---194.200 -0.000 98.800 68.900 361.900 3,029.300 486.600 -486.600 1,401.200 ----718.200 588.900 -1,307.100 4,823.000 --------181.300 -181.300 -3,040.000 --(0.500) 170.500 -(485.000)

-136.100 --563.200 699.300 7,400.600 929.400 -839.400 597.000 0 ---105.600 -0.200 96.700 68.900 271.400 2,637.200 500.400 -500.400 1,097.400 ----735.500 658.100 -1,393.600 4,531.200 --------182.600 -182.600 -3,029.500 --(0.300) 154.900 -(497.300)

-95.500 --974.700 1,070.200 7,536.200 833.700 -853.000 595.300 0 ---147.400 -47.000 99.600 -294.000 2,576.000 511.700 -511.700 1,107.000 ----737.000 560.500 -1,297.500 4,385.200 --------184.300 -184.300 -3,002.400 --(0.500) 85.200 -(120.400)

-90.900 --976.500 1,067.400 7,526.300 869.200 -788.600 900.100 0 ---147.900 -9.700 0.000 -157.600 2,715.500 516.200 -516.200 1,416.300 ----745.900 521.700 -1,267.600 4,499.300 --------184.200 -184.200 -2,871.800 --(0.600) 92.000 -(120.400)

-90.000 --985.400 1,075.400 7,224.100 816.800 -785.500 819.500 0 ---167.400 -8.000 0.000 -175.400 2,597.200 514.400 -514.400 1,333.900 ----735.400 515.900 -1,251.300 4,362.900 --------184.700 -184.700 -2,785.300 --(0.500) 12.100 -(120.400)

-70.800 --893.700 964.500 7,071.900 751.500 -715.500 750.900 0 ---192.800 -10.000 190.300 0.000 393.100 2,611.000 516.000 -516.000 1,266.900 ----721.800 499.700 -1,221.500 4,348.500 --------184.600 -184.600 -2,666.000 --(0.500) (6.300) -(120.400)

---------234.600 (107.700) (290.200) (314.500) (342.400) (35.200) (28.400) (108.300) (126.700) 3,944.800 3,451.000 3,049.000 2,906.300 2,869.400 3,151.000 3,027.000 2,861.200 2,723.400 11,552.700 8,597.300 7,906.900 7,729.300 7,400.600 7,536.200 7,526.300 7,224.100 7,071.900 181.500 181.270 181.080 182.110 183.020 184.720 184.640 185.130 184.640 ---------------------------181.500 181.270 181.080 182.110 183.020 184.720 184.640 185.130 184.640 25.400 ---26.610 ---52.830 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------102.100 92.300 84.200 76.000 68.200 61.100 52.900 50.200 40.300 ---------------------------------------------------------------------------------------------------------------------------------------------------------2007 Q4 12/31/2007 12 Months Update 12/31/2007

2007 Q3 9/30/2007 9 Months Update 9/30/2007

2007 Q2 6/30/2007 6 Months Update 6/30/2007

2007 Q1 2006 Q4 3/31/2007 12/31/2006 3 Months 12 Months Update Update 3/31/2007 12/31/2006

2006 Q3 2006 Q2 2006 Q1 2005 Q4 9/30/2006 6/30/2006 3/31/2006 12/31/2005 9 Months 6 Months 3 Months 12 Months Update Reclassified Reclassified Reclassified 9/30/2006 6/30/2007 3/31/2007 12/31/2006

10-K 10-Q 2/28/2008 10/26/2007 Complete Complete 742.100 583.800 185.400 134.700 185.400 134.700 ----0 0 (34.100) (62.700) --(125.300) (81.900) --14.600 (4.700) ----34.600 26.600 (76.100) (60.000) (236.700) (116.400) 111.800 17.700 --47.200 (84.900) ----137.200 70.200 --(106.000) (1.400) --11.100 6.400 (35.400) (108.400) 781.900 487.400 (239.300) (108.200) ----(239.300) (108.200) (2,009.200) (395.700) --283.600 232.400 ----------2.800 (4.100) (1,722.800) (167.400) (1,962.100) (275.600) 13.100 9.600 13.100 9.600 (96.600) (71.300) --(96.600) (71.300) 65.400 55.200 (299.000) (299.000) (233.600) (243.800)

10-Q 7/30/2007 Complete 353.700 88.800 88.800 --0 (58.500) -(13.300) -(1.700) --18.700 3.700 (130.600) (29.400) -(82.000) --4.400 -(11.800) -5.500 (243.900) 143.800 (66.300) --(66.300) (4.400) -2.600 -----(2.100) (3.900) (70.200) 10.300 10.300 (45.800) -(45.800) 49.000 (287.600) (238.600)

10-Q 5/4/2007 Complete 140.000 44.200 44.200 --0 1.600 -1.800 -(4.800) --7.500 4.500 (54.700) (34.400) -(89.100) --0.100 -(13.700) -5.800 (186.000) 4.300 (28.100) --(28.100) (4.400) -1.000 -----(2.700) (6.100) (34.200) 7.000 7.000 (20.300) -(20.300) 31.300 (186.500) (155.200)

10-K 2/28/2007 Complete 581.100 171.600 171.600 --0 30.300 0.000 (1.200) -8.300 --22.900 30.000 (61.200) (101.400) -30.700 --246.400 -(74.000) -7.400 47.900 860.900 (177.100) --(177.100) (89.500) -226.600 -----(15.600) 121.500 (55.600) 17.200 17.200 (77.600) -(77.600) 69.000 (210.000) (141.000)

10-Q 11/7/2006 Complete 440.300 127.100 127.100 --0 14.000 -8.700 -(4.200) --16.700 21.200 (68.500) (76.900) -(82.900) --176.300 -9.300 -(1.300) (44.000) 558.600 (95.200) --(95.200) (75.200) -223.700 -----(13.600) 134.900 39.700 13.500 13.500 (57.300) -(57.300) 53.000 (136.400) (83.400)

10-Q 7/30/2007 Complete 296.800 84.200 84.200 --0 (35.200) -(8.100) -(3.200) --10.800 (0.500) (117.300) (50.100) -(95.500) --61.700 -0.600 -4.500 (196.100) 149.200 (60.900) --(60.900) (74.000) -230.100 -----(11.800) 144.300 83.400 12.600 12.600 (37.000) -(37.000) 50.900 (130.200) (79.300)

10-Q 5/4/2007 Complete 155.900 42.300 42.300 --0 (28.800) -(29.400) -(3.300) --4.300 (28.400) (42.600) (43.800) -(113.100) --28.100 -(6.800) -9.800 (168.400) (27.400) (28.400) --(28.400) (23.700) -225.300 -----(5.100) 196.500 168.100 7.100 7.100 (16.600) -(16.600) 36.900 (68.800) (31.900)

10-K 2/28/2007 Complete 359.500 174.400 174.400 --0 94.900 6.500 131.500 -11.900 --1.500 151.400 (183.900) (26.200) -7.600 --120.500 -(16.200) -(0.400) (98.600) 681.600 (164.400) --(164.400) (69.000) -24.900 -----(20.200) (64.300) (228.700) (1.600) (1.600) (65.600) -(65.600) 151.900 (334.400) (182.500)

--------(233.600) --2,311.900 0.500 (15.200) (14.700) --2,297.200 1,980.100 103.000 902.900 937.100 1,840.000 96.000 313.600 ----

--------(243.800) --532.800 0.400 (7.200) (6.800) --526.000 220.500 70.700 503.000 937.100 1,440.100 65.200 238.000 ----

--------(238.600) --353.100 0.300 (2.000) (1.700) --351.400 77.300 25.300 176.200 937.100 1,113.300 44.600 160.700 ----

--------(155.200) --305.600 0.300 (1.700) (1.400) --304.200 135.700 7.300 113.100 937.100 1,050.200 14.700 59.600 ----

--------(141.000) --(155.600) 0.500 (13.300) (12.800) --(168.400) (369.800) 50.600 486.100 451.000 937.100 80.400 197.300 ----

--------(83.400) --(157.200) 0.000 (2.200) (2.200) --(159.400) (286.600) 29.800 341.500 451.000 792.500 53.200 149.900 ----

--------(79.300) --147.300 0.100 (0.900) (0.800) --146.500 42.800 28.600 304.000 451.000 755.000 36.900 141.900 ----

--------(31.900) --67.300 0.000 (0.500) (0.500) --66.800 25.400 6.700 172.800 451.000 623.800 13.100 75.800 ----

--------(182.500) --27.200 0.400 (17.600) (17.200) --10.000 (239.700) (25.100) 188.100 262.900 451.000 73.800 49.800 ----

2007 Q4

2007 Q3

2007 Q2

2007 Q1

2006 Q4

2006 Q3

2006 Q2

2006 Q1

2005 Q4

22.1% 8.6% 14.9%

19.9% 8.3% 13.2%

27.6% 11.1% 18.9%

26.9% 10.7% 18.6%

27.1% 10.4% 18.9%

29.8% 9.8% 19.3%

21.8% 6.8% 12.4%

26.9% 8.5% 15.9%

27.8% 8.9% 16.9%

$3,083.0 483.0 -3,944.8 $7,510.8

$1,143.8 491.4 -3,451.0 $5,086.2

$962.6 486.0 -3,049.0 $4,497.6

$914.6 486.6 -2,906.3 $4,307.5

$597.0 500.4 -2,869.4 $3,966.8

$595.3 511.7 -3,151.0 $4,258.0

$900.1 516.2 -3,027.0 $4,443.3

$819.5 514.4 -2,861.2 $4,195.1

$750.9 516.0 -2,723.4 $3,990.3

$1.20

$1.68

$2.69

$2.75

$2.92

$2.67

$1.65

$2.11

$2.21

$633 9,003 7.0%

$627 8,526 7.3%

$836 12,101 6.9%

$771 11,842 6.5%

$737 11,563 6.4%

$738 11,358 6.5%

$513 7,336 7.0%

$632 8,832 7.2%

$650 8,807 7.4%

$9,003 11,553 0.8x

$8,526 8,597 1.0x

$12,101 7,907 1.5x

$11,842 7,729 1.5x

$11,563 7,401 1.6x

$11,358 7,536 1.5x

$7,336 7,526 1.0x

$8,832 7,224 1.2x

$8,807 7,072 1.2x

5.5%

7.3%

10.6%

10.0%

10.0%

9.8%

6.8%

8.7%

9.2%

11,553 2,869 4.0x

8,597 3,151 2.7x

7,907 3,027 2.6x

7,729 2,861 2.7x

7,401 2,723 2.7x

7,536 2,477 3.0x

7,526 2,357 3.2x

7,224 2,344 3.1x

7,072 2,343 3.0x

22.1%

19.9%

27.6%

26.9%

27.1%

29.8%

21.8%

26.9%

27.8%

$2,568 $1,343 $182 $185 $266 $592

$2,460 $1,310 $171 $179 $239 $561

$3,416 $1,827 $244 $176 $330 $839

$3,325 $1,780 $241 $174 $351 $780

$3,223 $1,723 $239 $172 $334 $756

$3,195 $1,702 $238 $174 $327 $755

$2,063 $1,085 $157 $162 $186 $473

$2,451 $1,295 $195 $168 $190 $603

$2,438 $1,295 $201 $174 $156 $611

$3,083 $483 $3,945 $7,511

$1,144 $491 $3,451 $5,086

$963 $486 $3,049 $4,498

$915 $487 $2,906 $4,308

$597 $500 $2,869 $3,967

$595 $512 $3,151 $4,258

$900 $516 $3,027 $4,443

$820 $514 $2,861 $4,195

$751 $516 $2,723 $3,990

14.9%

13.2%

18.9%

18.6%

18.9%

19.3%

12.4%

15.9%

16.9%

$782 ($239) $543

$790 ($190) $600

$856 ($183) $673

$893 ($177) $716

$861 ($177) $684

$844 ($164) $679

$670 ($161) $508

$642 ($166) $476

$682 ($164) $517

$633

$627

$836

$771

$737

$738

$513

$632

$650

85.7%

95.7%

80.5%

92.8%

92.8%

92.1%

99.0%

75.4%

79.5%

2005 Q3 2005 Q2 2005 Q1 2004 Q4 9/30/2005 6/30/2005 3/31/2005 12/31/2004 3 Months 6 Months 3 Months 3 Months Restated Restated Restated Restated 9/30/2006 9/30/2006 3/31/2006 12/31/2006 10-Q 10-Q 10-Q 10-K 11/7/2006 11/7/2006 5/10/2006 2/28/2007 Complete Complete Complete Complete 1,734.600 3,460.700 1,765.900 1,144.400 ------------1,734.600 3,460.700 1,765.900 1,144.400 ------------1,734.600 3,460.700 1,765.900 1,144.400 1,270.000 2,521.300 1,296.400 1,121.800 ----1,270.000 2,521.300 1,296.400 1,121.800 464.600 939.400 469.500 22.600 227.400 494.500 262.900 218.200 --------227.400 494.500 262.900 218.200 38.200 78.200 44.300 -----------------------------------------------------19.000 24.100 18.400 5.000 ----------------19.000 24.100 18.400 5.000 -----------------

2004 Q3 2004 Q2 9/30/2004 6/30/2004 3 Months 3 Months Restated Restated 9/30/2005 6/30/2005 10-Q 10-Q 11/7/2005 8/5/2005 Complete Complete 1,663.200 1,646.800 ------1,663.200 1,646.800 ------1,663.200 1,646.800 1,097.300 1,074.600 --1,097.300 1,074.600 565.900 572.200 242.700 235.700 ----242.700 235.700 150.200 166.400 --------------------------5.600 14.000 --------5.600 14.000 ---------

---------1,554.600 3,118.100 1,622.000 180.000 342.600 143.900 (17.900) (34.000) (20.100) ---(17.900) (34.000) (20.100) 16.600 19.700 14.200 ---16.600 19.700 14.200 ---(1.300) (14.300) (5.900) ------------(2.400) (10.500) (5.000) (2.400) (10.500) (5.000) 176.300 317.800 133.000 22.900 64.900 11.600 153.400 252.900 121.400 ---------153.400 252.900 121.400 ---35.900 1.300 (4.900) ------35.900 1.300 (4.900) 189.300 254.200 116.500 ------------------153.400 252.900 121.400 189.300 254.200 116.500 184.800 184.400 184.600 0.830 1.370 0.660 1.020 1.380 0.630 --0.000 189.300 254.200 116.500 188.900 188.400 188.500 0.810 1.340 0.640 1.000 1.350 0.620 0.090 0.180 0.090 ----------------

---(334.500) --(334.500) --1,010.500 1,495.800 1,490.700 133.900 167.400 156.100 (16.500) (12.800) (10.800) ---(16.500) (12.800) (10.800) 3.700 4.200 5.400 20.800 0.000 -24.500 4.200 5.400 ---8.000 (8.600) (5.400) ------------(6.900) (4.100) (3.100) (6.900) (4.100) (3.100) 135.000 154.700 147.600 39.700 44.400 34.000 95.300 110.300 113.600 ---------95.300 110.300 113.600 0.000 --26.300 (0.500) (1.600) ------26.300 (0.500) (1.600) 121.600 109.800 112.000 ------------------95.300 110.300 113.600 121.600 109.800 112.000 184.400 184.600 184.800 0.520 0.600 0.610 0.660 0.590 0.610 0.000 0.000 0.000 121.600 109.800 112.000 188.600 188.600 189.000 0.510 0.580 0.600 0.640 0.580 0.590 0.090 0.090 0.090 ----------------

-----------19.000 195.300 2.470 25.370 169.930 169.930 0.920 0.900 -----17.900 -31.400 --------38.200 -------------------

-----------24.100 341.900 4.920 69.820 272.080 272.080 1.480 1.440 -----34.000 -96.400 --------78.200 -------------------

-----------18.400 151.400 1.610 13.210 138.200 138.200 0.750 0.730 2.700 113.800 0.620 0.600 -20.100 -44.600 --4.600 -----44.300 -------------------

-----------5.000 140.000 1.470 41.170 98.830 98.830 0.540 0.520 2.100 119.500 0.650 0.630 -16.500 -7.800 ----------------------------

-----------5.600 160.300 1.610 46.010 114.290 114.290 0.620 0.610 2.000 107.800 0.590 0.570 -12.800 -48.600 --------150.200 -------------------

-----------14.000 161.600 3.220 37.220 124.380 124.380 0.670 0.660 15.000 97.000 0.530 0.520 -10.800 -48.000 --------166.400 -------------------

2005 Q3 2005 Q2 2005 Q1 9/30/2005 6/30/2005 3/31/2005 Update Update Update 9/30/2005 6/30/2005 3/31/2005 10-Q 10-Q 10-Q 11/7/2005 8/5/2005 5/10/2005 Complete Complete Complete ---470.300 384.200 336.300 ---470.300 384.200 336.300 ------1,312.700 1,309.300 1,238.800 ------1,312.700 1,309.300 1,238.800 158.000 165.000 177.700 283.600 300.200 290.400 331.500 325.300 331.700 (79.800) (94.400) (90.100) ---693.300 696.100 709.700 ------78.700 99.300 99.900 0.000 0.000 3.800 91.800 93.900 89.200 170.500 193.200 192.900 2,646.800 2,582.800 2,477.700 535.600 506.200 515.600 62.700 60.800 63.700 1,954.500 1,925.000 1,974.400 87.500 81.200 75.400 ------57.800 55.300 55.500 2,698.100 2,628.500 2,684.600 (1,756.600) (1,719.200) (1,741.700) 941.500 909.300 942.900 ------2,467.800 2,447.300 2,488.700 ------225.400 231.100 237.700 ----------------

2004 Q4 12/31/2004 Restated 12/31/2005 10-K 3/10/2006 Complete -262.900 -262.900 --1,110.900 --1,110.900 181.300 284.300 319.100 (99.000) -685.700 --107.100 262.000 59.700 428.800 2,488.300 478.100 62.000 1,768.400 60.700 --57.900 2,427.100 (1,555.100) 872.000 --2,492.000 --236.800 ------

2004 Q3 2004 Q2 9/30/2004 6/30/2004 Update Update 9/30/2004 6/30/2004 10-Q 10-Q 11/5/2004 8/6/2004 Complete Complete --253.900 219.500 --253.900 219.500 ----1,249.000 1,213.900 ----1,249.000 1,213.900 165.600 -265.900 -322.500 -(99.900) ---654.100 632.300 ----71.900 68.100 --84.200 80.700 156.100 148.800 2,313.100 2,214.500 493.300 461.800 62.700 58.800 1,905.700 1,866.900 86.300 73.100 ----55.700 55.200 2,603.700 2,515.800 (1,680.200) (1,653.700) 923.500 862.100 ----2,438.000 1,793.700 ----264.600 154.100 -----------

-238.100 --1,016.800 1,254.900 7,536.400 782.000 -797.000 898.000 0 ---144.200 --0.000 10.600 154.800 2,631.800 543.100 -543.100 1,441.100 ----1,369.400 515.200 -1,884.600 5,059.500 --------92.300 -92.300 0.000 2,877.000 --(0.600) 28.600 -(520.400)

-233.200 --1,092.800 1,326.000 7,496.500 764.300 -729.000 887.700 0 ---269.800 ---10.300 280.100 2,661.100 561.300 -561.300 1,449.000 ----1,362.900 554.400 -1,917.300 5,139.700 --------92.400 -92.400 0.000 2,770.700 --(0.700) 14.800 -(520.400)

-235.400 --1,080.300 1,315.700 7,462.700 712.700 -755.900 905.000 0 ---266.500 --3.800 0.200 270.500 2,644.100 535.600 -535.600 1,440.600 ----1,374.100 564.700 -1,938.800 5,118.500 --------92.300 -92.300 3.400 2,653.400 --(0.700) 116.200 -(520.400)

-209.600 --983.900 1,193.500 7,282.600 688.100 -698.900 729.200 0 ---283.100 --69.700 2.000 354.800 2,471.000 542.800 -542.800 1,272.000 ----1,362.000 563.800 -1,925.800 4,939.600 --------184.600 -184.600 -2,496.800 --(0.600) 182.600 -(520.400)

--366.200 375.700 ----930.000 925.300 1,296.200 1,301.000 7,235.400 6,325.400 713.400 733.800 --698.700 651.600 1,019.500 359.700 0 0 ------294.100 271.900 ------3.100 2.400 297.200 274.300 2,728.800 2,019.400 442.900 440.500 --442.900 440.500 1,462.400 800.200 --------1,524.400 1,403.200 502.100 533.000 --2,026.500 1,936.200 5,198.200 4,396.100 ----------------92.300 92.300 --92.300 92.300 --2,492.100 2,402.100 ----(0.700) (0.800) 55.700 37.900 --(602.200) (602.200)

---(491.800) (505.600) (404.200) 2,476.900 2,356.800 2,344.200 7,536.400 7,496.500 7,462.700 184.690 184.730 184.570 ---------184.690 184.730 184.570 ----------------------------------------------------------------------------------------------------------------------

-(337.800) 2,343.000 7,282.600 184.580 ---184.580 ----------------------------------------

--(546.500) (564.300) 2,037.200 1,929.300 7,235.400 6,325.400 184.560 184.560 ------184.560 184.560 -------------------------------------------------------------------------------

2005 Q3 2005 Q2 2005 Q1 9/30/2005 6/30/2005 3/31/2005 9 Months 6 Months 3 Months Reclassified Reclassified Reclassified 9/30/2006 6/30/2006 3/31/2006

2004 Q4 12/31/2004 12 Months Reclassified 12/31/2006

2004 Q3 2004 Q2 9/30/2004 6/30/2004 9 Months 6 Months Reclassified Reclassified 9/30/2005 6/30/2005

10-Q 11/7/2006 Complete 443.500 127.800 127.800 --0 85.700 -(118.500) -11.700 --0.900 (105.900) (171.800) (18.700) -(98.100) --139.900 -(11.300) -5.500 (154.500) 396.600 (95.300) --(95.300) (38.400) -9.100 -----(8.900) (38.200) (133.500) (1.800) (1.800) (48.900) -(48.900) 133.400 (288.500) (155.100)

10-Q 8/7/2006 Complete 254.200 96.400 96.400 --0 15.600 -11.300 -3.000 --0.600 14.900 (183.000) (29.300) -(104.700) --99.400 -(2.100) -(0.200) (219.900) 161.200 (64.100) --(64.100) (1.500) -7.700 -----(7.800) (1.600) (65.700) (0.100) (0.100) (49.800) -(49.800) 56.300 (118.200) (61.900)

10-Q 10-K 10-Q 5/10/2006 2/28/2007 11/7/2005 Complete Complete Complete 116.500 432.300 310.700 49.200 153.000 145.200 49.200 153.000 145.200 ------0 0 0 (12.500) 102.400 60.600 -0.000 -9.400 30.300 (6.800) ---8.800 4.000 0.400 ------0.300 1.700 -18.500 36.000 (6.400) (82.500) (84.700) (140.600) (17.300) -(51.000) ---(110.500) (56.700) (94.400) ------55.400 -55.000 ---(5.200) (55.200) (44.300) ---0.200 (14.000) 9.400 (159.900) (210.600) (265.900) 11.800 513.100 244.200 (26.400) (126.100) (100.000) ------(26.400) (126.100) (100.000) (1.200) (1,010.000) (994.600) ---3.600 4.300 5.100 -24.900 0.000 ------------(1.300) (36.000) 0.200 1.100 (1,016.800) (989.300) (25.300) (1,142.900) (1,089.300) (0.300) 0.200 0.000 (0.300) 0.200 0.000 (33.200) (61.800) (46.100) ---(33.200) (61.800) (46.100) 35.700 76.800 61.500 (82.400) (159.600) (131.500) (46.700) (82.800) (70.000)

10-Q 8/5/2005 Complete 200.900 96.600 96.600 --0 38.000 -(4.300) -1.000 ---(3.300) (193.600) (37.300) -(104.800) --63.900 -(9.100) -1.900 (279.000) 53.200 (63.400) --(63.400) (257.300) -4.700 -----0.300 (252.300) (315.700) (0.100) (0.100) (30.500) -(30.500) 56.400 (114.700) (58.300)

--------(155.100) --173.900 0.400 (4.500) (4.100) --169.800 (36.000) (19.700) 207.400 262.900 470.300 44.700 10.800 ----

--------(61.900) --163.500 0.400 (4.600) (4.200) --159.300 47.500 (21.700) 121.300 262.900 384.200 25.300 49.200 ----

--------(46.700) --179.300 0.400 (3.400) (3.000) --176.300 96.100 (9.200) 73.400 262.900 336.300 11.400 24.800 ----

--------(82.800) --553.200 120.300 (68.300) 52.000 --605.200 460.800 17.700 (151.300) 414.200 262.900 45.200 52.400 ----

--------(70.000) --855.500 1.100 (52.100) (51.000) --804.500 688.400 (3.600) (160.300) 414.200 253.900 28.900 54.000 ----

--------(58.300) --199.600 0.900 (36.200) (35.300) --164.300 75.400 (7.600) (194.700) 414.200 219.500 21.500 32.300 ----

2005 Q3

2005 Q2

2005 Q1

2004 Q4

2004 Q3

2004 Q2

30.6% 8.6% 7.4%

30.1% 9.2% 7.1%

$898.0 543.1 -2,476.9 $3,918.0

$887.7 561.3 -2,356.8 $3,805.8

$905.0 535.6 -2,344.2 $3,784.8

$729.2 542.8 -2,343.0 $3,615.0

$1,019.5 442.9 -2,037.2 $3,499.6

$359.7 440.5 -1,929.3 $2,729.5

$2.07

$2.11

$623 8,106 7.7%

$580 8,034 7.2%

$8,106 7,536 1.1x

$8,034 7,497 1.1x

8.3%

7.7%

7,536 2,037 3.7x

7,497 1,929 3.9x

30.6%

30.1%

$1,896 $1,203 $161 $136 $139 $258

$1,997 $1,218 $273 $153 $161 $193

$898 $543 $2,477 $3,918

$888 $561 $2,357 $3,806

7.4%

7.1%

$666 ($121) $544

$621 ($127) $494

$623

$580

87.3%

85.2%

$905 $536 $2,344 $3,785

$729 $543 $2,343 $3,615

$1,020 $443 $2,037 $3,500

$360 $441 $1,929 $2,730

All Financial Reports

Pentair Inc Income Statement - Annual Standardised in Millions of US Dollar Fiscal Period: 2008 2007 2006 2005 2004 Period End Date: 12/31/2008 12/31/2007 12/31/2006 12/31/2005 12/31/2004 Period Length: 12 Months 12 Months 12 Months 12 Months 12 Months Update Type: Update Restated Restated Reclassified Update Update Date: 12/31/2008 12/31/2008 12/31/2008 12/31/2007 12/31/2004 Source 10-K 10-K 10-K 10-K 10-K Source Date: 2/24/2009 2/24/2009 2/24/2009 2/26/2008 3/11/2005 Complete Statement: Complete Complete Complete Complete Complete Auditor Code: DT DT DT DT DT Net Sales 3,351.980 3,280.900 3,022.600 2,946.580 2,278.130 Gross Revenue -----Sales Returns and Allowances -----Excise Tax Receipts -----Revenue 3,351.980 3,280.900 3,022.600 2,946.580 2,278.130 Interest Income, Non-Bank -----Other Revenue -----Other Revenue, Total -----Total Revenue 3,351.980 3,280.900 3,022.600 2,946.580 2,278.130 Cost of Revenue 2,337.430 2,268.210 2,126.550 2,098.560 1,623.420 Excise Taxes Payments -----Cost of Revenue, Total 2,337.430 2,268.210 2,126.550 2,098.560 1,623.420 Gross Profit 1,014.550 1,012.700 896.060 848.020 654.710 Selling/General/Administrative Expense 606.980 576.830 526.570 478.370 376.020 Labor & Related Expense -----Advertising Expense -----Selling/General/Admin. Expenses, Total 606.980 576.830 526.570 478.370 376.020 Research & Development 62.450 56.820 56.550 46.040 31.450 Depreciation -----Amortization of Intangibles -----Amortization of Acquisition Costs -----Depreciation/Amortization -----Interest Expense - Operating -----Interest Capitalized - Operating -----Interest Expense, Net - Operating -----Interest Income - Operating -----Investment Income - Operating -----Interest/Investment Income - Operating -----Interest Expense(Income) - Net Operating -----Interest Exp.(Inc.),Net-Operating, Total -----Purchased R&D Written-Off -----Restructuring Charge -----Litigation 20.440 0.000 0.000 --Impairment-Assets Held for Use -----Impairment-Assets Held for Sale -----Other Unusual Expense (Income) 4.610 0.000 0.000 --Unusual Expense (Income) 25.050 0.000 0.000 --Foreign Currency Adjustment -----Unrealized Losses (Gains) -----Minimum Pension Liability Adjustment ------

Loss(Gain) on Sale of Assets - Operating Other Operating Expense Other, Net Other Operating Expenses, Total Total Operating Expense Operating Income Interest Expense - Non-Operating Interest Capitalized - Non-Operating Interest Expense, Net Non-Operating Interest Income - Non-Operating Investment Income - Non-Operating Interest/Invest Income - Non-Operating Interest Income(Exp), Net Non-Operating Interest Inc.(Exp.),Net-Non-Op., Total Gain (Loss) on Sale of Assets Foreign Currency Adjustment Unrealized Gains (Losses) Minimum Pension Liability Adjustment Other Non-Operating Income (Expense) Other, Net Net Income Before Taxes Provision for Income Taxes Net Income After Taxes Minority Interest Equity In Affiliates U.S. GAAP Adjustment Net Income Before Extra. Items Accounting Change Discontinued Operations Extraordinary Item Tax on Extraordinary Items Total Extraordinary Items Net Income Preferred Dividends General Partners' Distributions Miscellaneous Earnings Adjustment Pro Forma Adjustment Interest Adjustment - Primary EPS Total Adjustments to Net Income Income Available to Com Excl ExtraOrd Income Available to Com Incl ExtraOrd Basic Weighted Average Shares Basic EPS Excluding Extraordinary Items Basic EPS Including Extraordinary Items Dilution Adjustment Diluted Net Income Diluted Weighted Average Shares Diluted EPS Excluding ExtraOrd Items Diluted EPS Including ExtraOrd Items DPS - Common Stock Primary Issue Dividends per Share - Com Stock Issue 2 Dividends per Share - Com Stock Issue 3 Dividends per Share - Com Stock Issue 4 Special DPS - Common Stock Primary Issue

--------------------3,031.900 2,901.850 2,709.660 2,622.970 2,030.890 320.070 379.050 312.940 323.610 247.240 (61.460) (69.900) (51.040) (45.570) (37.930) -----(61.460) (69.900) (51.040) (45.570) (37.930) 2.030 1.510 0.740 0.580 0.720 106.610 (2.870) (3.330) 4.900 0.000 108.640 (1.360) (2.590) 5.470 0.720 -----47.170 (71.260) (53.630) (40.090) (37.210) --------------------(0.110) (1.230) 0.360 --(0.110) (1.230) 0.360 --367.140 306.560 259.680 283.520 210.030 108.340 94.440 73.420 98.470 73.010 258.800 212.120 186.250 185.050 137.020 (2.430) 0.000 0.000 ------------256.360 212.120 186.250 185.050 137.020 -----(27.630) (1.190) (2.520) 0.000 34.200 ----------(27.630) (1.190) (2.520) 0.000 34.200 228.730 210.930 183.730 185.050 171.230 ------------------------------256.360 212.120 186.250 185.050 137.020 228.730 210.930 183.730 185.050 171.230 97.890 98.760 99.780 100.670 99.320 2.620 2.150 1.870 1.840 1.380 2.340 2.140 1.840 1.840 1.720 ---0.000 -228.730 210.930 183.730 185.050 171.230 99.070 100.210 101.370 102.620 101.710 2.590 2.120 1.840 1.800 1.350 2.310 2.100 1.810 1.800 1.680 0.680 0.600 0.560 0.520 0.430 ---------------------

Special DPS - Common Stock Issue 2 Special DPS - Common Stock Issue 3 Special DPS - Common Stock Issue 4 Gross Dividends - Common Stock (Gain) Loss on Sale of Assets, Suppl. Impairment-Assets Held for Sale, Suppl. Impairment-Assets Held for Use, Suppl. Litigation Charge, Supplemental Purchased R&D Written-Off, Supplemental Restructuring Charge, Supplemental Other Unusual Expense(Income), Suppl. Non-Recurring Items, Supplemental, Total Total Special Items Normalized Income Before Taxes Effect of Special Items on Income Taxes Inc Tax Ex Impact of Sp Items Normalized Income After Taxes Normalized Inc. Avail to Com. Basic Normalized EPS Diluted Normalized EPS Pro Forma Stock Compensation Expense Net Income after Stock Based Comp. Exp. Basic EPS after Stock Based Comp. Exp. Diluted EPS after Stock Based Comp. Exp. Stock-Based Compensation, Supplemental Interest Expense, Supplemental Interest Capitalized, Supplemental Depreciation, Supplemental Funds From Operations - REIT Amort of Acquisition Costs, Supplemental Amort of Intangibles, Supplemental Rental Expense, Supplemental EPS, Supplemental Advertising Expense, Supplemental Equity in Affiliates, Supplemental Minority Interest, Supplemental Research & Development Exp, Supplemental Audit Fees Audit-Related Fees Tax Fees All Other Fees Reported Recurring Revenue Reported Net Premiums Written Reported Total Revenue Reported Operating Revenue Reported Total Cost of Revenue Reported Total Sales, General & Admin. Reported Gross Profit Reported Operating Profit Reported Operating Profit Margin Reported Ordinary Profit Reported Net Income After Tax Reported Basic EPS Reported Diluted EPS

---67.280 --------25.050 392.190 7.390 115.740 276.450 274.020 2.800 2.770 ----20.600 61.460 -59.670 --24.000 37.520 --(3.040) (2.430) 62.450 4.580 0.140 1.220 0.000 ------1,014.550 324.690 ------

---59.910 --------0.000 306.560 0.000 94.440 212.120 212.120 2.150 2.120 ----22.900 69.900 -57.600 --21.800 34.690 --(2.870) 0.000 56.820 3.990 0.270 0.920 0.000 ------1,012.700 379.050 ------

---56.580 --------0.000 259.680 0.000 73.420 186.250 186.250 1.870 1.840 ----25.300 51.040 -55.680 --13.200 35.990 --(3.330) 0.000 56.550 ----------896.060 312.940 ------

---53.130 ---------283.520 -98.470 185.050 185.050 1.840 1.800 ----24.200 45.570 -56.570 --11.700 33.650 --(0.540) -46.040 ----------848.020 323.610 ------

---43.130 ---------210.030 -73.010 137.020 137.020 1.380 1.350 11.400 159.830 1.610 1.570 -37.930 -47.060 --7.500 27.710 ----31.450 3.350 0.600 1.670 0.400 --------------

Reported Net Business Profits

--

--

--

--

--

Balance Sheet (Differentiates) Annual - Standardised in Millions of US Dollar Fiscal Period: 2008 2007 2006 2005 2004 Period End Date: 12/31/2008 12/31/2007 12/31/2006 12/31/2005 12/31/2004 Update Type: Update Reclassified Update Update Update Update Date: 12/31/2008 12/31/2008 12/31/2006 12/31/2005 12/31/2004 Source 10-K 10-K 10-K 10-K 10-K Source Date: 2/24/2009 2/24/2009 2/26/2007 3/1/2006 3/11/2005 Complete Statement: Complete Complete Complete Complete Complete Auditor Code: DT DT DT DT DT Cash -----Cash & Equivalents 39.340 70.800 54.820 48.500 31.500 Short Term Investments -----Cash and Short Term Investments 39.340 70.800 54.820 48.500 31.500 Accounts Receivable - Trade, Gross 486.240 488.880 456.390 454.900 432.430 Provision for Doubtful Accounts (25.160) (27.470) (34.250) (31.050) (35.970) Accounts Receivable - Trade, Net 461.080 461.410 422.130 423.850 396.460 Notes Receivable - Short Term -----Receivables - Other -----Total Receivables, Net 461.080 461.410 422.130 423.850 396.460 Inventories - Finished Goods 151.250 134.140 157.210 153.510 161.870 Inventories - Work In Progress 53.240 50.790 55.140 49.420 34.990 Inventories - Raw Materials 212.790 194.090 186.510 146.390 126.820 Inventories - Other -----LIFO Reserve -----Total Inventory 417.290 379.020 398.860 349.310 323.680 Prepaid Expenses 63.110 35.800 31.240 24.390 24.430 Restricted Cash - Current -----Deferred Income Tax - Current Asset 51.350 50.510 50.580 48.970 49.070 Discountinued Operations - Current Asset 0.000 40.490 --0.000 Other Current Assets -----Other Current Assets, Total 51.350 91.000 50.580 48.970 49.070 Total Current Assets 1,032.180 1,038.020 957.630 895.020 825.140 Buildings - Gross 204.760 210.410 181.340 168.780 167.990 Land/Improvements - Gross 32.950 35.040 28.990 24.430 34.230 Machinery/Equipment - Gross 580.630 548.040 521.250 483.640 464.970 Construction in Progress - Gross 24.380 30.170 38.310 21.330 23.340 Leases - Gross -----Natural Resources - Gross -----Other Property/Plant/Equipment - Gross -----Property/Plant/Equipment, Total - Gross 842.710 823.660 769.880 698.170 690.530 Accumulated Depreciation, Total (498.830) (461.970) (439.510) (386.330) (354.230) Property/Plant/Equipment, Total - Net 343.880 361.690 330.370 311.840 336.300 Goodwill - Gross -----Accumulated Goodwill Amortization -----Goodwill, Net 2,101.850 1,999.120 1,718.770 1,718.210 1,620.400 Intangibles - Gross 594.420 541.920 320.270 286.440 269.950 Accumulated Intangible Amortization (78.910) (54.900) (33.260) (19.910) (11.820) Intangibles, Net 515.510 487.030 287.010 266.530 258.130 LT Investment - Affiliate Companies -----LT Investments - Other -----Long Term Investments ------

Note Receivable - Long Term Deferred Charges Pension Benefits - Overfunded Defered Income Tax - Long Term Asset Discontinued Operations - LT Asset Restricted Cash - Long Term Other Long Term Assets Other Long Term Assets, Total Total Assets Accounts Payable Payable/Accrued Accrued Expenses Notes Payable/Short Term Debt Current Port. of LT Debt/Capital Leases Dividends Payable Customer Advances Security Deposits Income Taxes Payable Other Payables Deferred Income Tax - Current Liability Discontinued Operations - Curr Liability Other Current Liabilities Other Current liabilities, Total Total Current Liabilities Long Term Debt Capital Lease Obligations Total Long Term Debt Total Debt Deferred Income Tax - LT Liability Deferred Income Tax Minority Interest Reserves Pension Benefits - Underfunded Other Long Term Liabilities Discontinued Operations - Liabilities Other Liabilities, Total Total Liabilities Redeemable Preferred Stock Redeemable Convertible Preferred Stock Redeemable Preferred Stock, Total Preferred Stock - Non Redeemable Convertible Preferred Stock - Non Rdmbl Treasury Stock - Preferred General Partner Preferred Stock - Non Redeemable, Net Common Stock Limited Partner Common Stock, Total Additional Paid-In Capital Retained Earnings (Accumulated Deficit) Treasury Stock - Common ESOP Debt Guarantee Unrealized Gain (Loss) Translation Adjustment

----0.000 -59.790 59.790 4,053.210 217.900 -169.560 0.000 0.620 ---5.450 --0.000 104.980 110.430 498.500 953.470 -953.470 954.090 146.560 146.560 121.390 -304.860 129.750 0.000 434.610 2,154.530 --------16.380 -16.380 451.240 1,457.680 -----

----------------32.520 -0.000 0.390 ----82.240 71.200 62.150 80.210 114.760 71.200 62.150 80.610 4,000.610 3,364.980 3,253.760 3,120.580 227.790 206.290 207.320 195.290 ----205.150 180.310 184.480 188.960 13.590 14.560 0.000 0.000 5.080 7.630 4.140 11.960 ------------15.000 22.490 17.520 27.400 --------3.700 0.000 0.190 0.190 90.020 90.000 111.030 103.080 108.720 112.500 128.740 130.670 560.320 521.280 524.670 526.880 1,041.930 721.870 748.480 724.150 ----1,041.930 721.870 748.480 724.150 1,060.590 744.060 752.610 736.110 166.920 109.780 125.790 142.870 166.920 109.780 125.790 142.870 0.000 -------198.190 255.520 226.730 205.020 118.390 86.530 70.460 70.800 4.000 0.000 2.030 3.050 320.580 342.040 299.210 278.880 2,089.740 1,694.980 1,698.150 1,672.780 --------------------------------16.540 16.630 16.870 16.830 ----16.540 16.630 16.870 16.830 476.240 488.540 518.750 517.370 1,296.230 1,148.130 1,020.980 889.060 -----------------

Other Equity Minimum Pension Liability Adjustment Other Comprehensive Income Other Equity, Total Total Equity Total Liabilities & Shareholders' Equity Shares Outs - Common Stock Primary Issue Shares Outstanding - Common Issue 2 Shares Outstanding - Common Issue 3 Shares Outstanding - Common Issue 4 Total Common Shares Outstanding Treas Shares - Common Stock Prmry Issue Treasury Shares - Common Issue 2 Treasury Shares - Common Issue 3 Treasury Shares - Common Issue 4 Shares Outstanding - Preferred Issue 1 Shares Outstanding - Preferred Issue 2 Shares Outstanding - Preferred Issue 3 Shares Outstanding - Preferred Issue 4 Shares Outstanding - Preferred Issue 5 Shares Outstanding - Preferred Issue 6 Total Preferred Shares Outstanding Treasury Shares - Preferred Issue 1 Treasury Shares - Preferred Issue 2 Treasury Shares - Preferred Issue 3 Treasury Shares - Preferred Issue 4 Treasury Shares - Preferred Issue 5 Treasury Shares - Preferred Issue 6 Full-Time Employees Part-Time Employees Number of Common Shareholders Accumulated Goodwill Amortization Suppl. Accumulated Intangible Amort, Suppl. Deferred Revenue - Current Deferred Revenue - Long Term Total Risk-Weighted Capital Tier 1 Capital % Total Capital % Trading Account Credit Exposure Non-Performing Loans Assets under Management Reported Total Assets Reported Total Liabilities Shareholders' Equity Excl. Stock Subscr. Reported Shareholder's Equity Reported Net Assets Reported Net Assets to Total Assets Reported Return on Assets Reported Return on Equity

----------(26.620) 121.870 16.700 (0.990) 24.530 (26.620) 121.870 16.700 (0.990) 24.530 1,898.680 1,910.870 1,670.000 1,555.610 1,447.790 4,053.210 4,000.610 3,364.980 3,253.760 3,120.580 98.280 99.220 99.780 101.200 100.970 ---------------98.280 99.220 99.780 101.200 100.970 0.000 ------------------------------------------------------------------------------------14,700.000 16,000.000 14,800.000 14,700.000 12,900.000 -----3,835.000 3,817.000 3,907.000 3,922.000 3,995.000 -----78.910 54.900 33.260 19.910 11.820 --------------------------------------------------------------------------------------

Cash Flow (Indirect) - Annual - Standardised in Millions of US Dollar [+] Add Item Fiscal Period: 2008 2007 2006 2005 2004 Period End Date: 12/31/2008 12/31/2007 12/31/2006 12/31/2005 12/31/2004 Period Length: 12 Months 12 Months 12 Months 12 Months 12 Months

Update Type: Update Reclassified Reclassified Update Reclassified Update Date: 12/31/2008 12/31/2008 12/31/2008 12/31/2005 12/31/2005 Source 10-K 10-K 10-K 10-K 10-K Source Date: 2/24/2009 2/24/2009 2/24/2009 3/1/2006 3/1/2006 Complete Statement: Complete Complete Complete Complete Complete Auditor Code: DT DT DT DT DT Net Income/Starting Line 228.730 210.930 183.730 185.050 171.230 Depreciation 59.670 57.600 55.680 56.570 47.060 Depreciation/Depletion 59.670 57.600 55.680 56.570 47.060 Amortization of Intangibles 27.610 25.560 18.180 16.000 7.500 Amortization of Acquisition Costs -----Amortization 27.610 25.560 18.180 16.000 7.500 Deferred Taxes 40.750 (16.650) (10.610) 5.900 16.740 Accounting Change -----Discontinued Operations (2.610) 5.920 4.540 (0.630) (20.270) Extraordinary Item -----Unusual Items (109.140) (1.930) (0.360) (5.440) 0.000 Purchased R&D -----Equity in Net Earnings (Loss) 3.040 2.870 3.330 --Other Non-Cash Items 43.230 18.270 22.370 15.510 6.350 Non-Cash Items (65.480) 25.120 29.880 9.440 (13.930) Accounts Receivable (18.250) (19.070) 15.470 (20.950) 26.920 Inventories (33.310) 14.710 (45.770) (19.200) (52.000) Prepaid Expenses (27.390) 2.180 (5.010) (0.120) 2.180 Other Assets -----Accounts Payable (1.970) 19.480 (18.410) 6.630 17.270 Accrued Expenses (29.210) 8.760 (11.490) (22.490) 7.590 Payable/Accrued -----Taxes Payable (4.410) 2.850 10.350 10.360 6.350 Other Liabilities 9.290 (3.210) 6.110 21.120 20.390 Other Assets & Liabilities, Net 18.170 13.020 3.350 (0.440) 6.790 Other Operating Cash Flow -----Changes in Working Capital (87.080) 38.720 (45.400) (25.090) 35.490 Cash from Operating Activities 204.220 341.280 231.460 247.860 264.090 Purchase of Fixed Assets (53.090) (61.520) (50.890) (62.470) (48.870) Purchase/Acquisition of Intangibles -----Software Development Costs -----Capital Expenditures (53.090) (61.520) (50.890) (62.470) (48.870) Acquisition of Business (2.030) (487.560) (29.290) (150.530) (869.160) Sale of Business 37.910 0.000 (24.010) (10.160) 773.400 Sale of Fixed Assets 4.740 5.200 0.650 17.110 0.000 Sale/Maturity of Investment ---23.840 0.000 Investment, Net (0.010) (5.540) (6.370) (2.070) 0.060 Purchase of Investments -----Sale of Intangible Assets -----Intangible, Net -----Other Investing Cash Flow -----Other Investing Cash Flow Items, Total 40.610 (487.910) (59.010) (121.810) (95.700) Cash from Investing Activities (12.480) (549.420) (109.900) (184.290) (144.560) Other Financing Cash Flow (0.110) (1.880) 0.000 --Financing Cash Flow Items (0.110) (1.880) 0.000 --Cash Dividends Paid - Common (67.280) (59.910) (56.580) (53.130) (43.130) Cash Dividends Paid - Preferred -----Total Cash Dividends Paid (67.280) (59.910) (56.580) (53.130) (43.130)

Sale/Issuance of Common Repurchase/Retirement of Common Common Stock, Net Sale/Issuance of Preferred Repurchase/Retirement of Preferred Preferred Stock, Net Sale/Issuance of Common/Preferred Repurch./Retirement of Common/Preferred Options Exercised Warrants Converted Treasury Stock Issuance (Retirement) of Stock, Net Short Term Debt Issued Short Term Debt Reduction Short Term Debt, Net Long Term Debt Issued Long Term Debt Reduction Long Term Debt, Net Total Debt Issued Total Debt Reduction Issuance (Retirement) of Debt, Net Cash from Financing Activities Foreign Exchange Effects Net Change in Cash Net Cash - Beginning Balance Net Cash - Ending Balance Cash Interest Paid Cash Taxes Paid Reported Cash from Operating Activities Reported Cash from Investing Activities Reported Cash from Financing Activities

ROE ROA ROIC

Short-term Debt Long-Term Debt Preferred Stock Equity Common Stock Equity Invested Capital $ Revenue / $ Invested Capital

1.620 (50.000) (48.380) -----5.590 --(42.790) --(16.990) 715.000 (805.020) (90.020) --(107.010) (217.200) (5.990) (31.450) 70.800 39.340 63.850 80.770 ----

4.200 (40.640) (36.440) -----7.390 --(29.050) --(1.830) 1,269.430 (954.080) 315.350 --313.520 222.690 1.430 15.980 54.820 70.800 66.040 98.800 ----

3.040 (59.360) (56.320) -----4.070 --(52.250) --13.830 608.980 (631.760) (22.780) --(8.950) (117.780) 2.550 6.320 48.500 54.820 51.380 77.230 ----

8.680 0.000 (25.000) (4.200) (16.320) (4.200) ----------8.380 10.860 ----(7.940) 6.660 ----0.000 (4.160) 413.280 1,193.320 (395.980) (1,290.520) 17.300 (97.200) ----17.300 (101.360) (43.780) (137.830) (2.790) 1.810 17.010 (16.490) 31.500 47.990 48.500 31.500 44.400 49.340 79.410 63.490 -------

2008

2007

2006

2005

2004

13.4% 6.4% 5.0%

12.7% 6.3% 8.3%

12.0% 5.7% 7.2%

12.8% 5.9% 7.0%

10.9% 4.9% 5.8%

$0.6 953.5 -1,898.7 $2,852.8

$18.7 1,041.9 -1,910.9 $2,971.5

$22.2 721.9 -1,670.0 $2,414.1

$4.1 748.5 -1,555.6 $2,308.2

$12.0 724.2 -1,447.8 $2,183.9

$1.17

$1.10

$1.25

$1.28

$1.04

$256 3,352 7.6%

$212 3,281 6.5%

$186 3,023 6.2%

$185 2,947 6.3%

$137 2,278 6.0%

$3,352 4,053

$3,281 4,001

$3,023 3,365

$2,947 3,254

$2,278 3,121

DuPont ROE Analysis Net Income Revenue Profit Margin Revenue Total Assets

Asset Utilization

0.8x

0.8x

0.9x

0.9x

0.7x

6.3%

5.3%

5.5%

5.7%

4.4%

Total Assets Beginning Common Equity Leverage

4,053 1,911 2.1x

4,001 1,670 2.4x

3,365 1,556 2.2x

3,254 1,448 2.2x

3,121 1,261 2.5x

Return on Equity 3-year average 5-year average 10-year average

13.4% 12.7% 12.3% 10.6%

12.7%

12.0%

12.8%

10.9%

Gross Profit SG&A R&D D&A Taxes NOPAT

$1,015 $607 $62 $87 $108 $150

$1,013 $577 $57 $83 $94 $201

$896 $527 $57 $74 $73 $166

$848 $478 $46 $73 $98 $153

$655 $376 $31 $55 $73 $120

ST debt LT debt Equity Invested Capital

$1 $953 $1,899 $2,853

$19 $1,042 $1,911 $2,971

$22 $722 $1,670 $2,414

$4 $748 $1,556 $2,308

$12 $724 $1,448 $2,184

ROIC 3-year average 5-year average 10-year average

5.0% 6.9% 6.7% 5.6%

8.3%

7.2%

7.0%

5.8%

OCF Capex FCF

$204 ($53) $151

$341 ($62) $280

$231 ($51) $181

$248 ($62) $185

$264 ($49) $215

Net Income

$256

$212

$186

$185

$137

59.0% 95.9% 109.0% 160.0%

131.9%

97.0%

100.2%

Return on Assets

FCF Conversion (FCF/NI) 3-year average 5-year average 10-year average Assumptions Growth Rate Net Operating Profit Margin Tax Rate Dep % of Revs. Investment Rate % of Revs. Working Cap. % of Revs 10 year average OCF Std. dev of 10 year OCF Beta

2008 2.2% 7.7% 29.5% 2.6% 1.6% 19.7% $238 $54 0.23

3-year 4.4% 8.2% 29.5% 2.5% 1.7% 19.6%

Average 5-year 10- year 16.3% 9.8% 8.3% 7.0% 31.6% 32.9% 2.5% 3.0% 1.9% 2.3% 20.2% 22.9%

157.1%

2008

2007

2006

2005

2004

$3,352 2.2%

$3,281 8.5%

$3,023 2.6%

$2,947 29.3%

$2,278 38.7%

Net Income Dividends Retained Earning Retention Rate

$256 $67 $189 73.8%

$212 $60 $152 71.8%

$186 $57 $130 69.6%

$185 $53 $132 71.3%

$137 $43 $94 68.5%

ROE

13.4%

12.7%

12.0%

12.8%

10.9%

Growth (b*ROE)

9.9%

9.1%

8.3%

9.1%

7.4%

Clean Operating Income % of Revenues

$258 7.7%

$296 9.0%

$239 7.9%

$251 8.5%

$193 8.5%

$108 29.5%

$94 30.8%

$73 28.3%

$98 34.7%

$73 34.8%

Depreciation % of Revenues

$87 2.6%

$83 2.5%

$74 2.4%

$73 2.5%

$55 2.4%

Capex % of Revenues

($53) 1.6%

($62) 1.9%

($51) 1.7%

($62) 2.1%

($49) 2.1%

$461 417 218 $660 19.7%

$461 379 228 $613 18.7%

$422 399 206 $615 20.3%

$424 349 207 $566 19.2%

$396 324 195 $525 23.0%

Revenue growth

Taxes % of Pre-tax income

Accounts Receivable Inventories Payables Working Capital % of Revenues

2003 2002 2001 2000 1999 1998 1997 1996 1995 12/31/2003 12/31/2002 12/31/2001 12/31/2000 12/31/1999 12/31/1998 12/31/1997 12/31/1996 12/31/1995 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months Restated Restated Reclassified Reclassified Restated Restated Update Update Update 12/31/2004 12/31/2004 12/31/2002 12/31/2002 12/31/2000 12/31/2000 12/31/1997 12/31/1996 12/31/1995 10-K 10-K 10-K 10-K 10-K 10-K 10-K 10-K405 10-K405 3/11/2005 3/11/2005 3/17/2003 3/17/2003 3/19/2001 3/19/2001 3/27/1998 3/31/1997 3/27/1996 Complete Complete Complete Complete Complete Complete Complete Complete Complete DT DT DT DT DT DT DT DT DT 1,642.990 1,488.450 2,574.080 2,705.630 2,116.070 1,689.640 1,839.060 1,567.070 1,402.870 ---------------------------1,642.990 1,488.450 2,574.080 2,705.630 2,116.070 1,689.640 1,839.060 1,567.070 1,402.870 ---------------------------1,642.990 1,488.450 2,574.080 2,705.630 2,116.070 1,689.640 1,839.060 1,567.070 1,402.870 1,196.760 1,107.210 1,967.950 2,051.520 1,529.420 1,227.430 1,290.800 1,098.060 996.580 ---------1,196.760 1,107.210 1,967.950 2,051.520 1,529.420 1,227.430 1,290.800 1,098.060 996.580 446.230 381.240 606.140 654.120 586.650 462.210 548.260 469.000 406.300 253.090 230.990 377.100 396.110 339.710 281.080 357.130 310.610 276.680 ------------------253.090 230.990 377.100 396.110 339.710 281.080 357.130 310.610 276.680 22.930 18.950 31.170 31.190 22.170 16.890 21.330 15.480 13.370 -----------------------------------------------------------------------------------------------------------------------40.110 24.790 23.050 0.000 -----------------------------------------40.110 24.790 23.050 0.000 -------------------------------

----------------1,472.780 1,357.160 2,416.320 2,503.600 170.210 131.300 157.760 202.030 (26.780) (29.070) (62.450) (76.390) ----(26.780) (29.070) (62.450) (76.390) 0.390 0.660 0.960 1.490 0.000 ---0.390 0.660 0.960 1.490 ----(26.400) (28.410) (61.490) (74.900) ------------------(2.990) ---(2.990) -143.820 102.880 93.290 127.130 45.670 27.880 35.770 45.260 98.150 75.000 57.520 81.870 ------------98.150 75.000 57.520 81.870 --0.000 (1.220) 43.200 54.900 (24.650) (24.760) --------43.200 54.900 (24.650) (25.980) 141.350 129.900 32.870 55.890 ------------------------98.150 75.000 57.520 81.870 141.350 129.900 32.870 55.890 97.880 98.470 98.090 97.090 1.000 0.760 0.590 0.840 1.440 1.320 0.340 0.580 --0.000 0.000 141.350 129.900 32.870 55.890 99.620 99.490 98.590 97.290 0.990 0.750 0.580 0.840 1.420 1.310 0.330 0.570 0.410 0.370 0.350 0.330 -----------------

--------------------1,914.340 1,525.400 1,669.250 1,424.150 1,286.620 201.730 164.240 169.800 142.920 116.250 (45.050) (21.270) (22.260) (19.540) (21.860) -----(45.050) (21.270) (22.260) (19.540) (21.860) 1.470 1.410 0.530 1.220 7.310 --10.310 --1.470 1.410 10.840 1.220 7.310 -----(43.580) (19.860) (11.420) (18.320) (14.550) ------------------------------158.140 144.390 158.380 124.600 101.690 60.060 53.670 66.780 50.090 41.190 98.090 90.720 91.600 74.510 60.500 ---------------98.090 90.720 91.600 74.510 60.500 0.000 0.000 0.000 0.000 0.000 5.220 16.120 0.000 0.000 16.700 ----------5.220 16.120 0.000 0.000 16.700 103.310 106.840 91.600 74.510 77.200 -(4.270) (4.870) (4.930) (5.200) ---------------------(4.270) (4.870) (4.930) (5.200) 98.090 86.450 86.730 69.580 55.300 103.310 102.570 86.730 69.580 72.000 87.610 76.890 75.980 74.980 73.620 1.120 1.120 1.140 0.930 0.750 1.180 1.330 1.140 0.930 0.980 0.000 3.660 4.190 4.240 4.440 103.310 106.230 90.920 73.820 76.440 88.570 86.300 86.130 85.500 84.760 1.110 1.040 1.060 0.860 0.700 1.170 1.230 1.060 0.860 0.900 0.320 0.300 0.270 0.250 0.200 ---------------------

---40.490 ---------143.820 -45.670 98.150 98.150 1.000 0.990 5.600 135.750 1.390 1.360 -26.780 -40.810 --1.500 24.410 ----22.930 2.090 0.480 1.370 0.530 --------------

---36.420 ---------102.880 -27.880 75.000 75.000 0.760 0.750 3.410 126.490 1.290 1.270 -29.070 -38.580 --0.700 22.210 ----18.950 ------------------

---34.330 --------76.210 169.500 15.380 51.150 118.350 118.350 1.210 1.200 3.900 28.970 0.300 0.300 -62.450 -62.670 -36.110 5.570 32.100 ----31.170 1.020 0.750 0.480 2.330 --------------

---32.040 --------61.250 188.380 8.830 54.090 134.290 134.290 1.380 1.380 3.630 52.260 0.540 0.540 -76.390 -59.900 -36.460 2.680 35.380 ----31.190 ------------------

---28.200 --------47.460 205.600 8.750 68.810 136.790 136.790 1.560 1.540 2.790 100.520 1.150 1.140 -45.050 -56.080 -24.410 1.580 25.020 ----22.170 ------------------

---23.060 --------13.910 158.300 0.000 53.670 104.630 100.370 1.310 1.210 1.970 104.880 1.310 1.210 -21.270 -46.570 -13.910 1.570 20.700 ----16.890 ------------------

---20.510 --------13.570 171.950 0.000 66.780 105.170 100.300 1.320 1.210 1.700 89.900 1.120 1.040 -22.260 -53.720 -13.570 0.540 15.740 ----21.330 ------------------

---18.740 --------11.400 136.000 0.000 50.090 85.900 80.980 1.080 1.000 1.390 73.120 0.910 0.850 -19.540 -47.930 -11.400 0.200 11.400 ----15.480 ------------------

------------7.250 108.950 0.000 41.190 67.750 62.550 0.850 0.790 -----21.860 -41.570 -7.250 0.110 13.120 ----13.370 ------------------

--

--

--

--

--

--

--

--

--

2003 2002 2001 2000 1999 1998 1997 1996 1995 12/31/2003 12/31/2002 12/31/2001 12/31/2000 12/31/1999 12/31/1998 12/31/1997 12/31/1996 12/31/1995 Reclassified Update Update Update Restated Update Update Update Update 12/31/2004 12/31/2002 12/31/2001 12/31/2000 12/31/2000 12/31/1998 12/31/1997 12/31/1996 12/31/1995 10-K 10-K 10-K405 10-K 10-K 10-K 10-K 10-K405 10-K405 3/11/2005 3/17/2003 3/19/2002 3/19/2001 3/19/2001 3/12/1999 3/27/1998 3/31/1997 3/27/1996 Complete Complete Complete Complete Complete Complete Complete Complete Complete DT DT DT DT DT DT DT DT DT ---------47.990 39.650 39.840 34.940 63.020 32.040 34.340 22.970 36.650 ---------47.990 39.650 39.840 34.940 63.020 32.040 34.340 22.970 36.650 275.320 420.470 412.720 486.720 516.480 406.920 381.670 306.400 370.340 (23.840) (16.680) (14.140) (18.640) (14.240) (10.860) (12.450) (7.350) (7.840) 251.480 403.790 398.580 468.080 502.240 396.060 369.220 299.060 362.500 ------------------251.480 403.790 398.580 468.080 502.240 396.060 369.220 299.060 362.500 94.570 169.690 167.760 233.170 201.040 147.780 131.850 159.620 134.460 17.330 39.840 38.760 48.390 46.950 64.420 58.050 47.690 40.800 54.960 83.670 94.400 110.940 104.840 66.380 76.520 49.410 37.430 ------------------166.860 293.200 300.920 392.500 352.830 278.580 266.410 256.720 212.690 18.850 17.130 20.980 22.440 13.230 -------------30.870 55.230 69.950 72.580 51.360 30.400 23.400 23.080 26.020 313.400 1.800 5.330 101.260 143.840 -0.000 0.000 0.000 -----11.490 12.000 12.430 9.390 344.270 57.030 75.280 173.840 195.200 41.890 35.400 35.510 35.410 829.450 810.810 835.600 1,091.800 1,126.500 748.570 705.370 614.260 647.240 132.770 161.520 152.870 149.620 146.040 131.990 120.000 110.980 100.360 14.830 16.970 16.690 17.240 20.320 15.700 14.280 19.310 18.280 397.740 568.000 518.140 496.180 455.080 419.420 374.970 364.950 312.250 15.410 37.180 21.300 25.680 35.770 25.880 19.110 30.670 21.220 ---------------------------560.750 783.670 709.010 688.720 657.220 592.990 528.350 525.920 452.110 (327.640) (432.350) (379.510) (335.730) (289.430) (284.730) (234.800) (227.070) (185.380) 233.110 351.320 329.500 352.980 367.780 308.260 293.550 298.850 266.730 --- 1,235.610 1,255.500 1,244.260 535.800 473.940 335.060 308.240 --(147.400) (114.400) (80.200) (61.310) (44.660) (36.690) (25.860) 997.180 1,218.340 1,088.210 1,141.100 1,164.060 474.490 429.280 298.370 282.380 102.850 22.930 -------(4.360) (3.740) -------98.490 19.190 -------------0.000 0.000 0.000 ------0.000 40.760 33.040 ------0.000 40.760 33.040

----------------539.890 -------82.560 114.790 118.890 58.140 622.450 114.790 118.890 58.140 2,780.680 2,514.450 2,372.200 2,644.030 93.040 171.710 179.150 250.090 ----99.740 121.820 112.480 126.390 0.000 0.690 0.000 108.140 73.630 60.490 8.730 24.000 ------------14.910 12.070 6.250 5.490 --------155.900 ---60.220 109.430 121.830 134.690 231.030 121.500 128.080 140.180 497.450 476.200 428.430 648.790 732.860 673.910 714.980 781.830 ----732.860 673.910 714.980 781.830 806.490 735.090 723.710 913.970 60.640 31.730 34.130 37.130 60.640 31.730 34.130 37.130 --------126.460 167.120 117.850 93.530 62.210 59.770 61.810 72.150 39.580 ---228.250 226.890 179.660 165.680 1,519.200 1,408.730 1,357.200 1,633.430 --------------------------------8.250 8.200 8.190 8.120 ----8.250 8.200 8.190 8.120 492.620 482.700 478.540 468.430 760.970 660.110 566.630 568.080 -----------------

-----------------12.110 ------------48.170 23.350 32.550 36.770 23.110 48.170 23.350 44.660 36.770 23.110 2,706.520 1,554.670 1,472.860 1,289.010 1,252.490 220.940 155.960 152.590 98.150 90.850 -----142.550 178.850 189.720 145.650 148.460 150.610 0.000 0.000 0.000 120.730 27.180 52.870 34.700 32.930 18.950 ---------------16.180 7.110 15.160 24.920 17.810 ---------------130.390 ----146.580 7.110 15.160 24.920 17.810 687.860 394.790 392.180 301.640 396.800 857.300 288.030 294.550 279.890 219.900 -----857.300 288.030 294.550 279.890 219.900 1,035.080 340.900 329.250 312.820 359.580 6.630 0.450 ---6.630 0.450 -------------90.510 102.430 97.610 --73.450 59.600 57.970 143.640 132.940 -----163.960 162.040 155.570 143.640 132.940 1,715.750 845.300 842.300 725.160 749.640 ----------------53.640 59.700 62.060 65.660 ----------------53.640 59.700 62.060 65.660 8.050 6.420 6.370 6.290 6.170 -----8.050 6.420 6.370 6.290 6.170 456.520 184.150 186.490 179.140 169.830 544.240 469.130 389.420 322.750 271.250 -------(6.320) (14.440) (21.070) ------(3.960) (5.090) 8.050 11.020

--------(0.360) (45.280) (38.360) (34.040) (0.360) (45.280) (38.360) (34.040) 1,261.480 1,105.720 1,015.000 1,010.590 2,780.680 2,514.450 2,372.200 2,644.030 99.010 98.440 98.220 97.420 ------------99.010 98.440 98.220 97.420 --------------------------------------------------------------------12,300.000 11,900.000 11,700.000 13,100.000 ----3,980.000 4,092.000 4,229.000 4,271.000 --147.400 114.400 4.360 3.740 2.860 ----------------------------------------------------------------------

----------(18.030) ----(18.030) (3.960) (5.090) 8.050 11.020 990.770 709.370 630.560 563.850 502.860 2,706.520 1,554.670 1,472.860 1,289.010 1,252.490 96.630 77.010 76.370 75.430 74.070 ---------------96.630 77.010 76.370 75.430 74.070 -------------------------------------------------------------------------------------13,900.000 10,500.000 10,433.000 9,770.000 9,150.000 -----4,395.000 4,432.000 4,119.000 --80.200 61.310 44.660 36.690 25.860 -------------------------------------------------------------------------------------------

2003 2002 2001 2000 12/31/2003 12/31/2002 12/31/2001 12/31/2000 12 Months 12 Months 12 Months 12 Months

1999 1998 1997 1996 1995 12/31/1999 12/31/1998 12/31/1997 12/31/1996 12/31/1995 12 Months 12 Months 12 Months 12 Months 12 Months

Reclassified Reclassified Update Update Restated Restated Update Update Update 12/31/2004 12/31/2004 12/31/2001 12/31/2000 12/31/2000 12/31/2000 12/31/1997 12/31/1996 12/31/1995 10-K 10-K 10-K405 10-K 10-K 10-K 10-K 10-K405 10-K405 3/11/2005 3/11/2005 3/19/2002 3/19/2001 3/19/2001 3/19/2001 3/27/1998 3/31/1997 3/27/1996 Complete Complete Complete Complete Complete Complete Complete Complete Complete DT DT DT DT DT DT DT DT DT 141.350 129.900 32.870 55.890 103.310 106.840 91.600 74.510 77.200 40.810 38.580 62.670 59.900 56.080 46.570 53.720 47.930 41.570 40.810 38.580 62.670 59.900 56.080 46.570 53.720 47.930 41.570 4.070 5.720 5.570 2.680 25.990 15.480 14.110 11.600 7.360 -0.000 36.110 36.460 -----4.070 5.720 41.680 39.130 25.990 15.480 14.110 11.600 7.360 31.320 23.590 (5.320) 9.740 (1.950) 4.070 (11.270) 0.480 5.730 --0.000 1.220 0.000 0.000 ---44.710 46.210 14.800 44.140 (12.270) (21.050) 0.000 0.000 (51.630) ---------0.000 0.000 44.050 24.790 23.050 0.000 ------------------0.000 0.000 0.000 0.310 0.000 0.000 ---(5.930) 0.000 0.000 45.010 46.210 58.840 70.150 10.770 (21.050) (5.930) 0.000 (51.630) (5.080) 28.090 70.890 17.910 (28.280) (16.370) (61.650) (16.790) (34.100) 13.170 25.880 87.840 (45.890) (26.450) 6.250 (22.410) (16.350) (9.260) (4.780) 5.790 0.650 (9.590) 7.780 2.080 ---------(6.950) (13.490) (10.060) (12.760) (19.450) (69.320) 32.970 26.420 (9.020) 46.670 2.620 10.040 3.060 0.130 (17.650) (17.130) 41.000 (9.140) 12.160 (9.280) 17.740 ---------5.440 (3.480) 9.940 (8.470) (4.460) (5.540) (14.080) 7.030 9.690 (5.440) (23.360) (33.560) (12.360) (47.120) (9.310) 19.010 8.490 0.190 6.770 13.190 (7.210) (7.300) (18.790) 10.000 ---------2.900 4.970 6.270 0.370 26.790 41.590 (49.850) (49.900) (31.040) (24.340) (32.810) (9.500) 262.940 270.790 232.330 184.950 144.300 120.870 117.890 101.710 70.740 (43.620) (56.700) (53.670) (68.040) (53.670) (43.340) (77.460) (71.650) (63.840) ------------------(43.620) (56.700) (53.670) (68.040) (53.670) (43.340) (77.460) (71.650) (63.840) (229.090) (170.270) (1.940) 0.000 (953.120) (57.700) (210.620) (195.920) (16.520) (2.400) 1.740 70.100 0.000 0.000 13.000 0.000 0.000 0.000 ------------------(5.290) (9.380) (25.440) 0.000 0.000 -53.750 (18.940) (6.990) ---------------------------0.050 (0.010) (0.190) (0.030) 1.660 0.610 112.000 100.000 216.090 (236.740) (177.920) 42.540 (0.030) (951.460) (44.090) (44.870) (114.860) 192.580 (280.360) (234.610) (11.130) (68.070) (1,005.130) (87.420) (122.330) (186.510) 128.740 --0.000 0.000 (2.430) 0.000 -----0.000 0.000 (2.430) 0.000 ---(40.490) (36.420) (34.330) (32.040) (28.200) (27.330) (25.380) (23.660) (19.920) ---------(40.490) (36.420) (34.330) (32.040) (28.200) (27.330) (25.380) (23.660) (19.920)

-(1.590) (1.590) -----5.800 --4.210 --(0.870) 780.860 (709.890) 70.970 --70.100 33.810 (8.050) 8.340 39.650 47.990 41.960 46.600 ----

0.000 0.000 0.000 -----2.730 --2.730 --0.670 462.600 (468.160) (5.560) --(4.900) (38.590) 2.210 (0.200) 39.840 39.650 41.940 20.410 ----

0.000 (1.460) (1.460) -----2.910 --1.460 --(108.340) 2.810 (84.530) (81.710) --(190.050) (222.920) 6.620 4.900 34.940 39.840 69.410 3.220 ----

0.770 (0.410) 0.360 -----3.100 --3.460 --(42.470) 8.110 (82.270) (74.160) --(116.630) (145.210) 0.260 (28.070) 63.020 34.940 81.400 42.450 ----

214.480 (4.030) 210.450 -----4.450 --214.900 --150.610 1,051.300 (509.810) 541.480 --692.100 876.370 18.340 33.880 29.140 63.020 46.360 68.110 ----

6.320 (12.370) (6.060) -----1.720 --(4.340) --0.000 72.970 (64.810) 8.160 --8.160 (23.510) (7.680) 2.260 26.880 29.140 24.990 64.960 ----

5.510 0.000 5.510 --------5.510 ---115.480 (70.330) 45.140 --45.140 25.280 (9.480) 11.370 22.970 34.340 18.510 73.370 ----

6.480 0.000 6.480 --------6.480 ---98.160 (15.430) 82.740 --82.740 65.560 5.570 (13.680) 36.650 22.970 25.590 38.130 ----

4.160 0.000 4.160 --------4.160 ---37.250 (210.240) (172.990) --(172.990) (188.750) (6.760) 3.970 32.680 36.650 22.570 34.750 ----

2003

2002

2001

2000

1999

1998

1997

1996

1995

8.9% 3.9% 4.3%

7.4% 3.2% 3.4%

5.7% 2.2% 3.0%

8.3% 3.0% 4.1%

13.8% 6.3% 7.9%

13.7% 5.9% 5.1%

15.4% 6.7% 4.0%

13.8% 5.6% 3.9%

12.8% 4.8% 3.1%

$73.6 732.9 -1,261.5 $2,068.0

$61.2 673.9 -1,105.7 $1,840.8

$8.7 715.0 -1,015.0 $1,738.7

$132.1 781.8 -1,010.6 $1,924.6

$177.8 857.3 -990.8 $2,025.9

$52.9 288.0 53.6 709.4 $1,103.9

$34.7 294.6 59.7 630.6 $1,019.5

$32.9 279.9 62.1 563.9 $938.7

$139.7 219.9 65.7 502.9 $928.1

$0.79

$0.81

$1.48

$1.41

$1.04

$1.53

$1.80

$1.67

$1.51

$98 1,643 6.0%

$75 1,488 5.0%

$58 2,574 2.2%

$82 2,706 3.0%

$98 2,116 4.6%

$86 1,690 5.1%

$87 1,839 4.7%

$70 1,567 4.4%

$55 1,403 3.9%

$1,643 2,781

$1,488 2,514

$2,574 2,372

$2,706 2,644

$2,116 2,707

$1,690 1,555

$1,839 1,473

$1,567 1,289

$1,403 1,252

0.6x

0.6x

1.1x

1.0x

0.8x

1.1x

1.2x

1.2x

1.1x

3.5%

3.0%

2.4%

3.1%

3.6%

5.6%

5.9%

5.4%

4.4%

2,781 1,106 2.5x

2,514 1,015 2.5x

2,372 1,011 2.3x

2,644 991 2.7x

2,707 709 3.8x

1,555 631 2.5x

1,473 564 2.6x

1,289 503 2.6x

1,252 432 2.9x

8.9%

7.4%

5.7%

8.3%

13.8%

13.7%

15.4%

13.8%

12.8%

$446 $253 $23 $45 $46 $80

$381 $231 $19 $44 $28 $59

$606 $377 $31 $104 $36 $58

$654 $396 $31 $99 $45 $83

$587 $340 $22 $82 $60 $83

$462 $281 $17 $62 $54 $49

$548 $357 $21 $68 $67 $35

$469 $311 $15 $60 $50 $33

$406 $277 $13 $49 $41 $26

$74 $733 $1,261 $2,068

$61 $674 $1,106 $1,841

$9 $715 $1,015 $1,739

$132 $782 $1,011 $1,925

$178 $857 $991 $2,026

$53 $288 $709 $1,050

$35 $295 $631 $960

$33 $280 $564 $877

$140 $220 $503 $862

4.3%

3.4%

3.0%

4.1%

7.9%

5.1%

4.0%

3.9%

3.1%

$263 ($44) $219

$271 ($57) $214

$232 ($54) $179

$185 ($68) $117

$144 ($54) $91

$121 ($43) $78

$118 ($77) $40

$102 ($72) $30

$71 ($64) $7

$98

$75

$58

$82

$98

$86

$87

$70

$55

223.5%

285.5%

310.6%

142.8%

92.4%

89.7%

46.6%

43.2%

12.5%

2003

2002

2001

2000

1999

1998

1997

1996

1995

$1,643 10.4%

$1,488 (42.2%)

$2,574 (4.9%)

$2,706 27.9%

$2,116 25.2%

$1,690 (8.1%)

$1,839 17.4%

$1,567 11.7%

$1,403 11.2%

$98 $40 $58 58.7%

$75 $36 $39 51.4%

$58 $34 $23 40.3%

$82 $32 $50 60.9%

$98 $28 $70 71.3%

$86 $27 $59 68.4%

$87 $25 $61 70.7%

$70 $24 $46 66.0%

$55 $20 $35 64.0%

8.9%

7.4%

5.7%

8.3%

13.8%

13.7%

15.4%

13.8%

12.8%

5.2%

3.8%

2.3%

5.0%

9.9%

9.4%

10.9%

9.1%

8.2%

$125 7.6%

$87 5.8%

$94 3.6%

$128 4.7%

$143 6.7%

$102 6.0%

$102 5.5%

$83 5.3%

$67 4.8%

$46 31.8%

$28 27.1%

$36 38.3%

$45 35.6%

$60 38.0%

$54 37.2%

$67 42.2%

$50 40.2%

$41 40.5%

$45 2.7%

$44 3.0%

$104 4.1%

$99 3.7%

$82 3.9%

$62 3.7%

$68 3.7%

$60 3.8%

$49 3.5%

($44) 2.7%

($57) 3.8%

($54) 2.1%

($68) 2.5%

($54) 2.5%

($43) 2.6%

($77) 4.2%

($72) 4.6%

($64) 4.6%

$251 167 93 $325 19.8%

$404 293 172 $525 35.3%

$399 301 179 $520 20.2%

$468 393 250 $610 22.6%

$502 353 221 $634 30.0%

$396 279 156 $519 30.7%

$369 266 153 $483 26.3%

$299 257 98 $458 29.2%

$363 213 91 $484 34.5%

1994 12/31/1994 12 Months Restated 12/31/1995 10-K405 3/27/1996 Complete DT 1,261.710 ---1,261.710 ---1,261.710 892.320 -892.320 369.380 251.690 --251.690 12.130 -----------------------

1993 1992 1991 1990 1989 12/31/1993 12/31/1992 12/31/1991 12/31/1990 12/31/1989 12 Months 12 Months 12 Months 12 Months 12 Months Restated Update Update Update Update 12/31/1995 12/31/1992 12/31/1991 12/31/1990 12/31/1989 10-K405 ----3/27/1996 ----Complete Complete Complete Complete Complete DT ----946.560 1,238.720 1,169.080 1,175.930 1,163.630 ---------------946.560 1,238.720 1,169.080 1,175.930 1,163.630 ---------------946.560 1,238.720 1,169.080 1,175.930 1,163.630 682.660 937.230 886.690 909.080 906.450 -----682.660 937.230 886.690 909.080 906.450 263.900 301.490 282.400 266.860 257.180 186.450 209.140 194.830 190.970 178.960 ----------186.450 209.140 194.830 190.970 178.960 9.320 0.000 0.000 0.000 0.000 ---------------------------------------------------------------------------------------------------------------

----1,156.130 105.570 (23.520) -(23.520) 1.450 -1.450 -(22.070) ------83.510 33.400 50.100 ---50.100 0.000 3.500 --3.500 53.600 (5.420) ----(5.420) 44.690 48.180 73.690 0.610 0.650 4.740 52.920 84.160 0.590 0.630 0.180 -----

--------------------878.430 1,146.370 1,081.510 1,100.050 1,085.410 68.130 92.360 87.570 75.890 78.220 (14.160) ---------(14.160) ----1.160 ---------1.160 -----(22.770) (22.030) 24.700 25.700 (13.000) (22.770) (22.030) 24.700 25.700 ---------------------3.110 8.560 6.230 9.890 -3.110 8.560 6.230 9.890 55.130 72.700 74.100 106.810 113.810 22.450 29.900 33.000 24.400 26.000 32.680 42.800 41.100 82.410 87.810 ---------------32.680 42.800 41.100 82.410 87.810 0.000 (41.630) 0.000 0.000 0.000 13.920 0.000 0.000 0.000 0.000 ----------13.920 (41.630) 0.000 0.000 0.000 46.600 1.180 41.100 82.410 87.810 (6.110) (8.550) (6.360) (5.910) (4.230) --------------------(6.110) (8.550) (6.360) (5.910) (4.230) 26.570 34.260 34.740 76.500 83.580 40.490 (7.370) 34.740 76.500 83.580 71.560 63.740 63.110 64.280 64.850 0.370 0.540 0.550 1.190 1.290 0.570 (0.120) 0.550 1.190 1.290 0.000 0.000 0.000 0.000 0.000 40.490 (7.370) 34.740 76.500 83.580 83.820 63.740 63.110 64.280 64.850 0.320 0.540 0.550 1.190 1.290 0.480 (0.120) 0.550 1.190 1.290 0.170 0.160 0.150 0.150 0.130 ---------------------

-------------83.510 -33.400 50.100 44.690 0.610 0.590 -----23.520 -34.920 --5.900 7.200 ----12.130 ------------------

-------------55.130 -22.450 32.680 26.570 0.370 0.320 -----14.160 -23.990 --2.540 6.730 ----9.320 ------------------

-------------72.700 -29.900 42.800 34.260 0.540 0.540 -------45.450 --2.450 -----0.000 ------------------

-------------74.100 -33.000 41.100 34.740 0.550 0.550 -------44.720 --2.440 -----0.000 ------------------

-------------106.810 -24.400 82.410 76.500 1.190 1.190 -------41.330 --2.440 -----0.000 ------------------

-------------113.810 -26.000 87.810 83.580 1.290 1.290 -------37.950 --2.450 -----0.000 ------------------

--

--

--

--

--

--

1994 1993 1992 1991 1990 1989 12/31/1994 12/31/1993 12/31/1992 12/31/1991 12/31/1990 12/31/1989 Restated Update Update Update Update Update 12/31/1995 12/31/1993 12/31/1992 12/31/1991 12/31/1990 12/31/1989 10-K405 -----3/27/1996 -----Complete Complete Complete Complete Complete Complete DT -----------32.680 10.330 8.390 6.130 8.810 8.690 ------32.680 10.330 8.390 6.130 8.810 8.690 ------------219.530 200.430 184.090 169.660 164.120 162.580 ------------219.530 200.430 184.090 169.660 164.120 162.580 114.880 -----41.280 -----36.930 -----------------193.090 198.830 182.890 158.570 155.380 166.690 ------------23.090 21.580 17.050 28.910 20.260 15.920 240.140 0.000 0.000 0.000 0.000 0.000 8.700 7.630 6.200 9.350 8.000 6.310 271.920 29.200 23.250 38.260 28.260 22.230 717.220 438.780 398.620 372.610 356.570 360.190 92.960 74.070 64.120 64.240 63.930 59.850 16.710 14.860 13.350 11.830 11.870 10.840 257.390 506.570 440.440 400.960 357.200 327.930 11.680 26.120 33.990 14.060 24.830 49.660 ------------------378.730 621.620 551.900 491.090 457.810 448.280 (147.580) (305.750) (262.080) (232.790) (194.250) (165.620) 231.150 315.870 289.810 258.300 263.570 282.660 ------------170.970 88.970 91.510 94.060 96.600 99.140 ------------------0.000 72.870 58.270 47.580 35.090 24.330 23.660 18.590 8.060 0.000 0.000 0.000 23.660 91.460 66.320 47.580 35.090 24.330

------18.160 18.160 1,161.140 78.070 -134.260 0.000 3.570 ---2.710 ----2.710 218.600 408.500 -408.500 412.070 -----102.070 -102.070 729.170 ---68.440 ---68.440 6.080 -6.080 163.270 213.670 -(27.530) -8.030

------23.720 23.720 958.800 93.820 -115.070 0.000 0.800 ---8.790 ----8.790 218.480 238.860 -238.860 239.660 -----130.620 -130.620 587.950 ---69.380 ---69.380 3.020 -3.020 163.460 177.490 -(35.450) -(7.050)

------23.180 23.180 869.440 88.410 -101.150 0.000 9.960 ---9.940 ----9.940 209.460 211.520 -211.520 221.480 -----111.070 -111.070 532.050 ---120.140 ---120.140 1.760 -1.760 112.130 147.610 -(44.660) -0.420

------18.020 18.020 790.570 66.850 -97.630 0.000 6.950 ---13.760 ----13.760 185.200 198.420 -198.420 205.370 -----57.180 -57.180 440.800 ---120.870 ---120.870 1.740 -1.740 109.000 163.840 -(47.460) -1.790

------17.050 17.050 768.870 59.820 -92.870 0.000 11.710 ---7.780 ----7.780 172.180 224.720 -224.720 236.440 -----55.770 -55.770 452.670 ---121.440 ---121.440 1.730 -1.730 107.040 138.680 -(54.860) -2.170

------15.040 15.040 781.360 66.210 -86.120 0.000 9.880 ---5.470 ----5.470 167.680 251.060 -251.060 260.940 -----55.730 -55.730 474.470 ---65.900 ---65.900 1.800 -1.800 118.220 121.030 -(0.780) -0.730

---8.030 431.970 1,161.140 72.990 ---72.990 ----------------------------------------

---(7.050) 370.850 958.800 72.540 ---72.540 ----------------------------------------

---0.420 337.390 869.440 63.290 ---63.290 ----------------------------------------

---1.790 349.780 790.570 62.740 ---62.740 ----------------------------------------

---2.170 316.200 768.870 62.200 ---62.200 ----------------------------------------

---0.730 306.900 781.360 64.850 ---64.850 ----------------------------------------

1994 1993 1992 1991 1990 1989 12/31/1994 12/31/1993 12/31/1992 12/31/1991 12/31/1990 12/31/1989 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months

Restated Restated Update Update Update Update 12/31/1995 12/31/1995 12/31/1992 12/31/1991 12/31/1990 12/31/1989 10-K405 -----3/27/1996 -----Complete Complete Complete Complete Complete Complete DT DT ----53.600 46.600 1.180 41.100 33.010 36.410 34.920 23.990 45.450 44.720 41.330 37.950 34.920 23.990 45.450 44.720 41.330 37.950 5.900 2.540 2.450 2.440 2.440 2.450 ------5.900 2.540 2.450 2.440 2.440 2.450 2.900 (1.010) (0.610) (1.380) (0.040) 0.730 ------(8.900) (43.520) 0.000 0.000 0.000 0.000 ------------------0.000 0.000 (1.680) (7.500) (4.750) (6.360) 0.000 0.000 41.630 0.000 0.000 0.000 (8.900) (43.520) 39.940 (7.500) (4.750) (6.360) (24.100) (16.500) (15.450) (3.230) (1.540) 2.210 (12.360) (14.720) (10.390) (3.700) 11.310 13.450 ------(8.600) (5.650) (3.570) (7.420) (1.180) 3.400 2.580 7.720 21.200 7.030 (6.390) 8.760 10.380 6.230 0.000 0.000 0.000 0.000 ------(7.000) 1.460 (0.830) 5.980 2.320 (0.370) 13.210 9.430 8.000 3.690 3.000 (3.090) ------7.220 8.280 0.000 0.000 0.000 0.000 (18.660) (3.760) (1.050) 2.360 7.500 24.350 69.760 24.840 87.360 81.740 79.490 95.520 (57.860) (28.070) (67.240) (49.420) (61.280) (83.350) ------------(57.860) (28.070) (67.240) (49.420) (61.280) (83.350) (139.750) 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 ------------(5.060) (10.540) (17.060) (5.000) (6.000) (2.000) ------------------0.000 0.000 (5.420) 11.000 36.270 0.000 (144.810) (10.540) (22.480) 6.000 30.270 (2.000) (202.670) (38.610) (89.710) (43.420) (31.010) (85.350) ------------(18.520) (18.050) (18.860) (18.190) (17.300) (12.860) ------(18.520) (18.050) (18.860) (18.190) (17.300) (12.860)

3.040 0.000 3.040 --------3.040 ---179.450 (19.230) 160.220 --160.220 144.740 10.520 22.350 10.330 32.680 22.860 27.650 ----

3.160 0.000 3.160 --------3.160 ---136.160 (104.740) 31.410 --31.410 16.530 (0.830) 1.940 8.390 10.330 13.160 23.320 ----

3.870 0.000 3.870 --------3.870 ---25.570 (4.370) 21.200 --21.200 6.210 (1.600) 2.270 --18.930 32.700 ----

1.870 0.000 1.870 --------1.870 ---69.340 (94.020) (24.680) --(24.680) (41.000) 0.000 (2.690) --28.800 33.520 ----

3.180 (13.150) (9.980) --------(9.980) ---6.560 (27.640) (21.090) --(21.090) (48.370) 0.000 0.120 --25.400 16.300 ----

2.160 0.000 2.160 --------2.160 ---4.360 (5.060) (0.700) --(0.700) (11.400) 0.000 (1.240) --27.600 22.900 ---1989

1994

1993

1992

1991

1990

12.1% 4.7% 5.1%

7.9% 3.1% 3.4%

9.8% 4.3% 2.6%

11.0% 4.5% 1.3%

24.9% 9.8% 1.4%

$3.6 408.5 68.4 432.0 $912.5

$0.8 238.9 69.4 370.9 $679.9

$10.0 211.5 120.1 337.4 $679.0

$7.0 198.4 120.9 349.8 $676.0

$11.7 224.7 121.4 316.2 $674.1

$9.9 251.1 65.9 306.9 $633.7

$1.38

$1.39

$1.82

$1.73

$1.74

$1.84

$45 1,262 3.5%

$27 947 2.8%

$34 1,239 2.8%

$35 1,169 3.0%

$77 1,176 6.5%

$84 1,164 7.2%

$1,262 1,161

$947 959

$1,239 869

$1,169 791

$1,176 769

$1,164 781

1.1x

1.0x

1.4x

1.5x

1.5x

1.5x

3.8%

2.8%

3.9%

4.4%

9.9%

10.7%

1,161 371 3.1x

959 337 2.8x

869 350 2.5x

791 316 2.5x

769 307 2.5x

781 NA NA

12.1%

7.9%

9.8%

11.0%

24.9%

NA

$369 $252 $12 $41 $33 $31

$264 $186 $9 $27 $22 $19

$301 $209 $0 $48 $30 $15

$282 $195 $0 $47 $33 $7

$267 $191 $0 $44 $24 $8

$257 $179 $0 $40 $26 $12

$4 $409 $432 $844

$1 $239 $371 $611

$10 $212 $337 $559

$7 $198 $350 $555

$12 $225 $316 $553

$10 $251 $307 $568

5.1%

3.4%

2.6%

1.3%

1.4%

NA

$70 ($58) $12

$25 ($28) ($3)

$87 ($67) $20

$82 ($49) $32

$79 ($61) $18

$96 ($83) $12

$45

$27

$34

$35

$77

$84

26.6%

(12.2%)

58.7%

93.0%

23.8%

14.6%

1994

1993

1992

1991

1990

$1,262 33.3%

$947 (23.6%)

$1,239 6.0%

$1,169 (0.6%)

$1,176 1.1%

$1,164

1989

$45 $19 $26 58.6%

$27 $18 $9 32.1%

$34 $19 $15 45.0%

$35 $18 $17 47.6%

$77 $17 $59 77.4%

$84 $13 $71 84.6%

12.1%

7.9%

9.8%

11.0%

24.9%

0.0%

7.1%

2.5%

4.4%

5.2%

19.3%

0.0%

$65 5.1%

$42 4.4%

$44 3.6%

$40 3.5%

$32 2.7%

$38 3.3%

$33 40.0%

$22 40.7%

$30 41.1%

$33 44.5%

$24 22.8%

$26 22.8%

$41 3.2%

$27 2.8%

$48 3.9%

$47 4.0%

$44 3.7%

$40 3.5%

($58) 4.6%

($28) 3.0%

($67) 5.4%

($49) 4.2%

($61) 5.2%

($83) 7.2%

$220 193 78 $335 26.5%

$200 199 94 $305 32.3%

$184 183 88 $279 22.5%

$170 159 67 $261 22.4%

$164 155 60 $260 22.1%

$163 167 66 $263

All Financial Reports

Pentair Inc Income Statement - Interim Standardised in Millions of US Dollar Fiscal Period: Period End Date: Period Length: Update Type: Update Date: Source Source Date: Complete Statement: Net Sales Gross Revenue Sales Returns and Allowances Excise Tax Receipts Revenue Interest Income, Non-Bank Other Revenue Other Revenue, Total Total Revenue Cost of Revenue Excise Taxes Payments Cost of Revenue, Total Gross Profit Selling/General/Administrative Expense Labor & Related Expense Advertising Expense Selling/General/Admin. Expenses, Total Research & Development Depreciation Amortization of Intangibles Amortization of Acquisition Costs Depreciation/Amortization Interest Expense - Operating Interest Capitalized - Operating Interest Expense, Net - Operating Interest Income - Operating Investment Income - Operating Interest/Investment Income - Operating Interest Expense(Income) - Net Operating Interest Exp.(Inc.),Net-Operating, Total Purchased R&D Written-Off Restructuring Charge Litigation Impairment-Assets Held for Use Impairment-Assets Held for Sale Other Unusual Expense (Income) Unusual Expense (Income) Foreign Currency Adjustment Unrealized Losses (Gains) Minimum Pension Liability Adjustment Loss(Gain) on Sale of Assets - Operating

2009 Q1 2008 Q4 2008 Q3 3/28/2009 12/31/2008 9/27/2008 3 Months 3 Months 6 Months Update Update Restated 3/28/2009 12/31/2008 3/28/2009 10-Q 10-K 10-Q 4/21/2009 2/24/2009 4/21/2009 Complete Complete Complete 633.840 767.640 1,754.190 ---------633.840 767.640 1,754.190 ---------633.840 767.640 1,754.190 464.610 538.140 1,219.830 ---464.610 538.140 1,219.830 169.230 229.490 534.360 117.280 169.150 299.730 ------117.280 169.150 299.730 14.740 15.150 32.040 -------------------------------------------0.000 20.440 -------0.000 4.610 -0.000 25.050 -------------

2008 Q2 6/28/2008 3 Months Update 6/28/2008 10-Q 7/22/2008 Complete 909.760 ---909.760 ---909.760 631.700 -631.700 278.060 146.310 --146.310 16.310 --------------20.440 ---20.440 -----

2008 Q1 3/29/2008 3 Months Restated 3/28/2009 10-Q 4/21/2009 Complete 830.150 ---830.150 ---830.150 579.450 -579.450 250.690 138.100 --138.100 15.260 ------------------------

Other Operating Expense Other, Net Other Operating Expenses, Total Total Operating Expense Operating Income Interest Expense - Non-Operating Interest Capitalized - Non-Operating Interest Expense, Net Non-Operating Interest Income - Non-Operating Investment Income - Non-Operating Interest/Invest Income - Non-Operating Interest Income(Exp), Net Non-Operating Interest Inc.(Exp.),Net-Non-Op., Total Gain (Loss) on Sale of Assets Foreign Currency Adjustment Unrealized Gains (Losses) Minimum Pension Liability Adjustment Other Non-Operating Income (Expense) Other, Net Net Income Before Taxes Provision for Income Taxes Net Income After Taxes Minority Interest Equity In Affiliates U.S. GAAP Adjustment Net Income Before Extra. Items Accounting Change Discontinued Operations Extraordinary Item Tax on Extraordinary Items Total Extraordinary Items Net Income Preferred Dividends General Partners' Distributions Miscellaneous Earnings Adjustment Pro Forma Adjustment Interest Adjustment - Primary EPS Total Adjustments to Net Income Income Available to Com Excl ExtraOrd Income Available to Com Incl ExtraOrd Basic Weighted Average Shares Basic EPS Excluding Extraordinary Items Basic EPS Including Extraordinary Items Dilution Adjustment Diluted Net Income Diluted Weighted Average Shares Diluted EPS Excluding ExtraOrd Items Diluted EPS Including ExtraOrd Items DPS - Common Stock Primary Issue Dividends per Share - Com Stock Issue 2 Dividends per Share - Com Stock Issue 3 Dividends per Share - Com Stock Issue 4 Special DPS - Common Stock Primary Issue Special DPS - Common Stock Issue 2

---596.630 37.210 ----(0.280) (0.280) (11.780) (12.060) ------25.150 7.430 17.720 (0.470) --17.260 -0.010 --0.010 17.270 ------17.260 17.270 97.380 0.180 0.180 -17.270 97.970 0.180 0.180 0.180 ------

------722.440 1,576.640 45.200 177.550 --------(0.610) 108.130 (0.610) 108.130 (13.740) (29.600) (14.350) 78.530 --------(0.110) 0.000 (0.110) 0.000 30.740 256.080 9.250 71.240 21.490 184.840 (0.330) (2.100) ----21.160 182.740 --(16.570) (2.880) ----(16.570) (2.880) 4.590 179.860 ------------21.160 182.740 4.590 179.860 97.420 98.420 0.220 1.860 0.050 1.830 --4.590 179.860 98.300 100.120 0.220 1.830 0.050 1.800 0.170 0.340 -----------

---814.760 95.000 ----108.800 108.800 (15.860) 92.940 ------187.940 49.210 138.740 ---138.740 -0.000 --0.000 138.740 ------138.740 138.740 98.060 1.410 1.410 -138.740 99.510 1.390 1.390 0.170 ------

---732.820 97.330 ----(0.920) (0.920) (16.090) (17.010) ------80.320 27.860 52.460 0.000 --52.460 -(8.170) --(8.170) 44.290 ------52.460 44.290 98.280 0.530 0.450 -44.290 99.560 0.530 0.440 0.170 ------

Special DPS - Common Stock Issue 3 Special DPS - Common Stock Issue 4 Gross Dividends - Common Stock (Gain) Loss on Sale of Assets, Suppl. Impairment-Assets Held for Sale, Suppl. Impairment-Assets Held for Use, Suppl. Litigation Charge, Supplemental Purchased R&D Written-Off, Supplemental Restructuring Charge, Supplemental Other Unusual Expense(Income), Suppl. Non-Recurring Items, Supplemental, Total Total Special Items Normalized Income Before Taxes Effect of Special Items on Income Taxes Inc Tax Ex Impact of Sp Items Normalized Income After Taxes Normalized Inc. Avail to Com. Basic Normalized EPS Diluted Normalized EPS Pro Forma Stock Compensation Expense Net Income after Stock Based Comp. Exp. Basic EPS after Stock Based Comp. Exp. Diluted EPS after Stock Based Comp. Exp. Stock-Based Compensation, Supplemental Interest Expense, Supplemental Interest Capitalized, Supplemental Depreciation, Supplemental Funds From Operations - REIT Amort of Acquisition Costs, Supplemental Amort of Intangibles, Supplemental Rental Expense, Supplemental EPS, Supplemental Advertising Expense, Supplemental Equity in Affiliates, Supplemental Minority Interest, Supplemental Research & Development Exp, Supplemental Audit Fees Audit-Related Fees Tax Fees All Other Fees Reported Recurring Revenue Reported Net Premiums Written Reported Total Revenue Reported Operating Revenue Reported Total Cost of Revenue Reported Total Sales, General & Admin. Reported Gross Profit Reported Operating Profit Reported Operating Profit Margin Reported Ordinary Profit Reported Net Income After Tax Reported Basic EPS Reported Diluted EPS Reported Net Business Profits

--17.700 ---------25.150 -7.430 17.720 17.260 0.180 0.180 ----4.720 --15.170 --7.200 ---(0.280) (0.470) 14.740 ----------169.230 37.210 -------

-----------0.000 30.740 0.000 9.250 21.490 21.160 0.220 0.220 ----4.620 --13.910 --9.310 ---(0.610) (0.330) 15.150 ----------229.490 45.200 -------

-----------25.050 281.130 6.970 78.210 202.920 200.820 2.040 2.010 ----9.480 --30.950 --11.800 ---(1.520) (2.100) 32.040 ----------534.360 182.160 -------

-----------20.440 208.380 5.350 54.560 153.820 153.820 1.570 1.550 ----5.470 --15.710 --5.900 ---(0.850) -16.310 ----------278.060 95.000 -------

--16.900 ---------80.320 -27.860 52.460 52.460 0.530 0.530 ----6.470 --14.810 --6.500 ---(0.920) 0.000 15.260 ----------250.690 97.330 -------

Balance Sheet (Differentiates) Interim - Standardised in Millions of US Dollar Fiscal Period: Period End Date: Update Type: Update Date: Source Source Date: Complete Statement: Cash Cash & Equivalents Short Term Investments Cash and Short Term Investments Accounts Receivable - Trade, Gross Provision for Doubtful Accounts Accounts Receivable - Trade, Net Notes Receivable - Short Term Receivables - Other Total Receivables, Net Inventories - Finished Goods Inventories - Work In Progress Inventories - Raw Materials Inventories - Other LIFO Reserve Total Inventory Prepaid Expenses Restricted Cash - Current Deferred Income Tax - Current Asset Discountinued Operations - Current Asset Other Current Assets Other Current Assets, Total Total Current Assets Buildings - Gross Land/Improvements - Gross Machinery/Equipment - Gross Construction in Progress - Gross Leases - Gross Natural Resources - Gross Other Property/Plant/Equipment - Gross Property/Plant/Equipment, Total - Gross Accumulated Depreciation, Total Property/Plant/Equipment, Total - Net Goodwill - Gross Accumulated Goodwill Amortization Goodwill, Net Intangibles - Gross Accumulated Intangible Amortization Intangibles, Net LT Investment - Affiliate Companies LT Investments - Other Long Term Investments Note Receivable - Long Term Deferred Charges

2009 Q1 2008 Q4 2008 Q3 2008 Q2 2008 Q1 3/28/2009 12/31/2008 9/27/2008 6/28/2008 3/29/2008 Update Update Update Update Reclassified 3/28/2009 12/31/2008 9/27/2008 6/28/2008 3/28/2009 10-Q 10-K 10-Q 10-Q 10-Q 4/21/2009 2/24/2009 10/21/2008 7/22/2008 4/21/2009 Complete Complete Complete Complete Complete -----34.710 39.340 93.540 74.620 62.280 -----34.710 39.340 93.540 74.620 62.280 ----------505.200 461.080 517.240 558.930 609.960 ----------505.200 461.080 517.240 558.930 609.960 136.770 151.250 163.340 168.760 146.570 50.090 53.240 50.860 52.660 55.410 206.350 212.790 216.190 216.000 200.640 ----------393.200 417.290 430.390 437.420 402.620 47.850 63.110 53.500 46.210 43.130 -----51.270 51.350 50.060 51.960 54.280 0.000 0.000 0.000 0.000 20.310 -----51.270 51.350 50.060 51.960 74.580 1,032.220 1,032.180 1,144.740 1,169.140 1,192.570 ---------------------------------------------337.900 343.880 363.350 379.470 364.070 ----------2,092.830 2,101.850 2,134.030 2,158.230 2,024.680 590.000 594.420 612.290 625.700 554.920 (85.080) (78.910) (73.160) (67.250) (61.350) 504.920 515.510 539.130 558.450 493.560 --------------------------

Pension Benefits - Overfunded Defered Income Tax - Long Term Asset Discontinued Operations - LT Asset Restricted Cash - Long Term Other Long Term Assets Other Long Term Assets, Total Total Assets Accounts Payable Payable/Accrued Accrued Expenses Notes Payable/Short Term Debt Current Port. of LT Debt/Capital Leases Dividends Payable Customer Advances Security Deposits Income Taxes Payable Other Payables Deferred Income Tax - Current Liability Discontinued Operations - Curr Liability Other Current Liabilities Other Current liabilities, Total Total Current Liabilities Long Term Debt Capital Lease Obligations Total Long Term Debt Total Debt Deferred Income Tax - LT Liability Deferred Income Tax Minority Interest Reserves Pension Benefits - Underfunded Other Long Term Liabilities Discontinued Operations - Liabilities Other Liabilities, Total Total Liabilities Redeemable Preferred Stock Redeemable Convertible Preferred Stock Redeemable Preferred Stock, Total Preferred Stock - Non Redeemable Convertible Preferred Stock - Non Rdmbl Treasury Stock - Preferred General Partner Preferred Stock - Non Redeemable, Net Common Stock Limited Partner Common Stock, Total Additional Paid-In Capital Retained Earnings (Accumulated Deficit) Treasury Stock - Common ESOP Debt Guarantee Unrealized Gain (Loss) Translation Adjustment Other Equity Minimum Pension Liability Adjustment

----------0.000 0.000 0.000 0.000 14.060 -----56.960 59.790 69.870 78.730 81.450 56.960 59.790 69.870 78.730 95.510 4,024.830 4,053.210 4,251.130 4,344.020 4,170.390 196.770 217.900 225.930 238.660 233.990 -----143.950 169.560 194.640 191.590 182.660 7.400 0.000 0.000 0.220 7.010 0.630 0.620 3.910 4.440 5.210 ---------------4.310 5.450 7.810 18.120 34.730 ----------0.000 0.000 0.000 0.000 1.800 98.920 104.980 101.660 130.430 109.280 103.230 110.430 109.470 148.550 145.810 451.980 498.500 533.950 583.450 574.670 991.810 953.470 1,035.150 1,024.160 1,119.110 -----991.810 953.470 1,035.150 1,024.160 1,119.110 999.840 954.090 1,039.060 1,028.820 1,131.320 145.570 146.560 184.510 189.210 165.840 145.570 146.560 184.510 189.210 165.840 121.890 121.390 120.230 122.960 0.000 -----304.740 304.860 198.990 207.020 205.970 125.340 129.750 122.300 119.990 129.310 0.000 0.000 0.000 0.000 1.270 430.080 434.610 321.290 327.000 336.550 2,141.320 2,154.530 2,195.130 2,246.790 2,196.170 ----------0 -----------------------------16.380 16.380 16.440 16.480 16.520 -----16.380 16.380 16.440 16.480 16.520 454.740 451.240 456.140 465.140 468.930 1,457.230 1,457.680 1,469.830 1,445.500 1,323.610 -------------------------------

Other Comprehensive Income Other Equity, Total Total Equity Total Liabilities & Shareholders' Equity Shares Outs - Common Stock Primary Issue Shares Outstanding - Common Issue 2 Shares Outstanding - Common Issue 3 Shares Outstanding - Common Issue 4 Total Common Shares Outstanding Treas Shares - Common Stock Prmry Issue Treasury Shares - Common Issue 2 Treasury Shares - Common Issue 3 Treasury Shares - Common Issue 4 Shares Outstanding - Preferred Issue 1 Shares Outstanding - Preferred Issue 2 Shares Outstanding - Preferred Issue 3 Shares Outstanding - Preferred Issue 4 Shares Outstanding - Preferred Issue 5 Shares Outstanding - Preferred Issue 6 Total Preferred Shares Outstanding Treasury Shares - Preferred Issue 1 Treasury Shares - Preferred Issue 2 Treasury Shares - Preferred Issue 3 Treasury Shares - Preferred Issue 4 Treasury Shares - Preferred Issue 5 Treasury Shares - Preferred Issue 6 Full-Time Employees Part-Time Employees Number of Common Shareholders Accumulated Goodwill Amortization Suppl. Accumulated Intangible Amort, Suppl. Deferred Revenue - Current Deferred Revenue - Long Term Total Risk-Weighted Capital Tier 1 Capital % Total Capital % Trading Account Credit Exposure Non-Performing Loans Assets under Management Reported Total Assets Reported Total Liabilities Shareholders' Equity Excl. Stock Subscr. Reported Shareholder's Equity Reported Net Assets Reported Net Assets to Total Assets Reported Return on Assets Reported Return on Equity

(44.840) (26.620) 113.580 170.110 165.170 (44.840) (26.620) 113.580 170.110 165.170 1,883.510 1,898.680 2,055.990 2,097.240 1,974.220 4,024.830 4,053.210 4,251.130 4,344.020 4,170.390 98.280 98.280 98.630 98.920 99.090 ---------------98.280 98.280 98.630 98.920 99.090 0.000 0.000 --0.000 ----------------------------------------------------------------------------------------------------85.080 78.910 73.160 67.250 61.350 --------------------------------------------------------------------------------------

Cash Flow (Indirect) - Interim - Standardised in Millions of US Dollar [+] Add Item Fiscal Period: Period End Date: Period Length: Update Type: Update Date:

2009 Q1 2008 Q4 3/28/2009 12/31/2008 3 Months 12 Months Update Update 3/28/2009 12/31/2008

2008 Q3 9/27/2008 9 Months Update 9/27/2008

2008 Q2 2008 Q1 6/28/2008 3/29/2008 6 Months 3 Months Update Reclassified 6/28/2008 3/28/2009

Source Source Date: Complete Statement: Net Income/Starting Line Depreciation Depreciation/Depletion Amortization of Intangibles Amortization of Acquisition Costs Amortization Deferred Taxes Accounting Change Discontinued Operations Extraordinary Item Unusual Items Purchased R&D Equity in Net Earnings (Loss) Other Non-Cash Items Non-Cash Items Accounts Receivable Inventories Prepaid Expenses Other Assets Accounts Payable Accrued Expenses Payable/Accrued Taxes Payable Other Liabilities Other Assets & Liabilities, Net Other Operating Cash Flow Changes in Working Capital Cash from Operating Activities Purchase of Fixed Assets Purchase/Acquisition of Intangibles Software Development Costs Capital Expenditures Acquisition of Business Sale of Business Sale of Fixed Assets Sale/Maturity of Investment Investment, Net Purchase of Investments Sale of Intangible Assets Intangible, Net Other Investing Cash Flow Other Investing Cash Flow Items, Total Cash from Investing Activities Other Financing Cash Flow Financing Cash Flow Items Cash Dividends Paid - Common Cash Dividends Paid - Preferred Total Cash Dividends Paid Sale/Issuance of Common Repurchase/Retirement of Common Common Stock, Net

10-Q 4/21/2009 Complete 17.270 15.170 15.170 7.230 -7.230 0.010 -(0.010) -0.020 -0.280 5.120 5.410 (47.020) 21.070 15.010 -(18.050) (18.270) -(0.920) (11.540) (2.420) -(62.140) (17.050) (15.980) --(15.980) 0.000 -0.280 -----(0.040) 0.240 (15.740) 0.060 0.060 (17.710) -(17.710) -0.000 0.000

10-K 10-Q 2/24/2009 10/21/2008 Complete Complete 228.730 224.150 59.670 45.760 59.670 45.760 27.610 20.220 --27.610 20.220 40.750 25.930 --(2.610) 5.190 --(109.140) (109.560) --3.040 2.430 21.390 16.430 (87.320) (85.510) (18.250) (55.730) (33.310) (26.520) (27.390) (15.800) --(1.970) 1.340 (29.210) (13.950) --(4.410) (5.790) 9.290 9.970 18.170 13.150 21.850 -(65.230) (93.330) 204.220 137.220 (53.090) (40.110) ----(53.090) (40.110) (2.030) (1.610) --42.650 33.830 ----------(0.010) (0.010) 40.610 32.210 (12.480) (7.890) 1.500 1.500 1.500 1.500 (67.280) (50.540) --(67.280) (50.540) --(50.000) (37.340) (50.000) (37.340)

10-Q 7/22/2008 Complete 183.030 30.800 30.800 13.100 -13.100 21.040 -4.220 -(110.090) -1.760 11.160 (92.950) (85.200) (20.300) (7.850) -11.040 (20.780) -4.130 34.580 4.990 -(79.390) 75.610 (26.330) --(26.330) 6.240 -33.760 -----0.000 40.000 13.670 0.730 0.730 (33.750) -(33.750) -(21.720) (21.720)

10-Q 4/21/2009 Complete 44.290 14.810 14.810 6.540 -6.540 (5.840) -5.180 -(0.550) -0.920 6.090 11.630 (137.650) (16.200) (5.640) -5.890 (20.260) -17.920 11.390 2.590 -(141.960) (70.530) (14.040) --(14.040) 0.170 -33.800 -----0.000 33.970 19.930 0.380 0.380 (16.910) -(16.910) -(12.500) (12.500)

Sale/Issuance of Preferred Repurchase/Retirement of Preferred Preferred Stock, Net Sale/Issuance of Common/Preferred Repurch./Retirement of Common/Preferred Options Exercised Warrants Converted Treasury Stock Issuance (Retirement) of Stock, Net Short Term Debt Issued Short Term Debt Reduction Short Term Debt, Net Long Term Debt Issued Long Term Debt Reduction Long Term Debt, Net Total Debt Issued Total Debt Reduction Issuance (Retirement) of Debt, Net Cash from Financing Activities Foreign Exchange Effects Net Change in Cash Net Cash - Beginning Balance Net Cash - Ending Balance Cash Interest Paid Cash Taxes Paid Reported Cash from Operating Activities Reported Cash from Investing Activities Reported Cash from Financing Activities

ROE ROA ROIC

Short-term Debt Long-Term Debt Preferred Stock Equity Common Stock Equity Invested Capital $ Revenue / $ Invested Capital LTM EBITDA

-----0.680 --0.680 --7.490 135.000 (96.680) 38.320 --45.820 28.850 (0.690) (4.640) 39.340 34.710 ------

-----5.590 --(44.410) --(16.990) 715.000 (805.020) (90.020) --(107.010) (217.200) (5.990) (31.450) 70.800 39.340 63.850 80.770 ----

-----5.140 --(32.200) --(14.180) 479.410 (486.490) (7.090) --(21.270) (102.510) (4.070) 22.750 70.800 93.540 ------

-----2.180 --(19.550) --(13.970) 279.410 (297.740) (18.340) --(32.300) (84.870) (0.590) 3.820 70.800 74.620 ------

-----0.850 --(11.650) --(7.270) 159.410 (82.770) 76.640 --69.370 41.190 0.910 (8.510) 70.800 62.280 ------

2009 Q1

2008 Q4

2008 Q3

2008 Q2

2008 Q1

11.2% 5.3% 3.5%

13.4% 6.4% 5.0%

15.6% 7.1% 6.3%

16.9% 7.5% 6.7%

13.0% 5.9% 7.6%

$8.0 991.8 -1,883.5 $2,883.4

$0.6 953.5 -1,898.7 $2,852.8

$3.9 1,035.2 -2,056.0 $3,095.1

$4.7 1,024.2 -2,097.2 $3,126.1

$12.2 1,119.1 -1,974.2 $3,105.6

$1.09

$1.17

$1.10

$1.06

$1.07

$285.0

DuPont ROE Analysis Net Income Revenue Profit Margin

$221 3,156 7.0%

$256 3,352 7.6%

$284 3,391 8.4%

$300 3,329 9.0%

$222 3,318 6.7%

Revenue Total Assets Asset Utilization

$3,156 4,025 0.8x

$3,352 4,053 0.8x

$3,391 4,251 0.8x

$3,329 4,344 0.8x

$3,318 4,170 0.8x

Return on Assets

5.5%

6.3%

6.7%

6.9%

5.3%

Total Assets Beginning Common Equity Leverage

4,025 1,974 2.0x

4,053 1,911 2.1x

4,251 1,828 2.3x

4,344 1,774 2.4x

4,170 1,706 2.4x

Return on Equity

11.2%

13.4%

15.6%

16.9%

13.0%

$933 $586 $62 $88 $88 $109

$1,015 $607 $62 $87 $108 $149

$1,041 $588 $61 $85 $122 $184

$1,026 $570 $59 $84 $115 $198

$1,027 $575 $57 $84 $99 $212

$8 $992 $1,884 $2,883

$1 $953 $1,899 $2,853

$4 $1,035 $2,056 $3,095

$5 $1,024 $2,097 $3,126

$12 $1,119 $1,974 $3,106

ROIC

3.5%

5.0%

6.3%

6.7%

7.6%

OCF Capex FCF

$258 ($55) $203

$204 ($53) $151

$249 ($56) $193

$319 ($58) $261

$328 ($57) $272

Net Income

$221

$256

$284

$300

$222

91.6%

59.0%

67.8%

87.1%

Gross Profit SG&A R&D D&A Taxes NOPAT ST debt LT debt Equity Invested Capital

FCF Conversion (FCF/NI)

122.4%

2007 Q4 2007 Q3 12/31/2007 9/29/2007 3 Months 9 Months Restated Restated 12/31/2008 12/31/2008 10-K 10-K 2/24/2009 2/24/2009 Complete Complete 806.670 2,474.230 ------806.670 2,474.230 ------806.670 2,474.230 551.120 1,717.080 --551.120 1,717.080 255.550 757.150 150.420 426.400 ----150.420 426.400 14.120 42.700 ----------------------------0.000 0.000 ----0.000 0.000 0.000 0.000 ---------

2007 Q2 6/30/2007 3 Months Restated 6/28/2008 10-Q 7/22/2008 Complete 899.300 ---899.300 ---899.300 619.750 -619.750 279.550 151.880 --151.880 14.810 --------------0.000 ---0.000 -----

2007 Q1 2006 Q4 3/31/2007 12/31/2006 3 Months 3 Months Restated Update 3/29/2008 12/31/2006 10-Q 10-K 4/22/2008 2/26/2007 Complete Complete 792.850 743.040 ------792.850 743.040 ------792.850 743.040 556.910 534.470 --556.910 534.470 235.930 208.570 139.480 134.370 ----139.480 134.370 14.950 14.040 -----------------------------------------------

2006 Q3 9/30/2006 3 Months Update 9/30/2006 10-Q 11/3/2006 Complete 778.020 ---778.020 ---778.020 565.530 -565.530 212.490 137.920 --137.920 14.270 ------------------------

2006 Q2 7/1/2006 3 Months Update 7/1/2006 10-Q 8/4/2006 Complete 862.020 ---862.020 ---862.020 599.330 -599.330 262.690 139.830 --139.830 14.880 ------------------------

2006 Q1 2005 Q4 4/1/2006 12/31/2005 3 Months 3 Months Update Update 4/1/2006 12/31/2005 10-Q 10-K 5/5/2006 3/1/2006 Complete Complete 771.390 732.110 ------771.390 732.110 ------771.390 732.110 548.880 524.300 --548.880 524.300 222.510 207.810 129.090 128.000 ----129.090 128.000 14.860 12.940 -----------------------------------------------

------715.670 2,186.180 91.000 288.050 --------(1.030) (1.840) (1.030) (1.840) (16.910) (51.490) (17.930) (53.320) --------(1.230) 0.000 (1.230) 0.000 71.840 234.730 22.760 71.690 49.080 163.040 0.000 0.000 ----49.080 163.040 --(0.530) (0.660) ----(0.530) (0.660) 48.550 162.380 ------------49.080 163.040 48.550 162.380 98.450 99.080 0.500 1.650 0.490 1.640 --48.550 162.380 99.860 100.550 0.490 1.620 0.490 1.610 0.150 0.450 -----------

---786.440 112.860 ----(0.040) (0.040) (18.480) (18.520) ------94.340 33.350 60.990 ---60.990 -1.070 --1.070 62.070 ------60.990 62.070 98.870 0.620 0.630 -62.070 100.370 0.610 0.620 0.150 ------

---711.350 81.500 ----(0.960) (0.960) (14.710) (15.670) ------65.830 23.200 42.630 ---42.630 -(0.360) --(0.360) 42.270 ------42.630 42.270 98.970 0.430 0.430 -42.270 100.270 0.430 0.420 0.150 ------

---682.880 60.160 ----0.200 0.200 (13.020) (12.820) ------47.340 8.720 38.620 ---38.620 -0.020 --0.020 38.640 ------38.620 38.640 98.750 0.390 0.390 -38.640 100.230 0.390 0.390 0.140 ------

---717.730 60.290 ----0.170 0.170 (13.020) (12.860) ------47.440 14.000 33.440 ---33.440 -1.400 --1.400 34.840 ------33.440 34.840 99.420 0.340 0.350 -34.840 101.060 0.330 0.340 0.140 ------

---754.050 107.980 ----0.000 0.000 (12.550) (12.550) ------95.420 26.790 68.630 ---68.630 -0.000 --0.000 68.630 ------68.630 68.630 100.510 0.680 0.680 -68.630 102.430 0.670 0.670 0.140 ------

---692.830 78.560 ------(13.280) (13.280) ------65.270 22.200 43.070 ---43.070 -(1.450) --(1.450) 41.620 ------43.070 41.620 100.490 0.430 0.410 -41.620 102.490 0.420 0.410 0.140 ------

---665.240 66.870 ----0.240 0.240 (11.260) (11.030) ------55.850 16.890 38.960 ---38.960 -0.000 --0.000 38.960 ------38.960 38.960 100.610 0.390 0.390 0.000 38.960 102.310 0.380 0.380 0.130 ------

-----------0.000 71.840 0.000 22.760 49.080 49.080 0.500 0.490 ----5.840 --12.070 --9.960 ---(1.030) 0.000 14.120 ----------255.550 91.000 -------

-----------0.000 234.730 0.000 71.690 163.040 163.040 1.650 1.620 ----17.070 --45.540 --15.600 ---(1.840) 0.000 42.700 ----------757.150 288.050 -------

-----------0.000 94.340 0.000 33.350 60.990 60.990 0.620 0.610 ----6.410 --14.610 --7.100 ---(0.040) -14.810 ----------279.550 112.860 -------

------------65.830 -23.200 42.630 42.630 0.430 0.430 ----6.220 --15.440 --3.800 ---(0.960) -14.950 ----------235.930 81.500 -------

------------47.340 -8.720 38.620 38.620 0.390 0.390 -------12.140 --4.240 -----14.040 -------------------

------------47.440 -14.000 33.440 33.440 0.340 0.330 -------14.380 --4.480 -----14.270 -------------------

------------95.420 -26.790 68.630 68.630 0.680 0.670 -------15.160 --5.220 -----14.880 -------------------

------------65.270 -22.200 43.070 43.070 0.430 0.420 -------15.230 --4.260 -----14.860 -------------------

------------55.850 -16.890 38.960 38.960 0.390 0.380 -------13.420 --------12.940 -------------------

2007 Q4 2007 Q3 2007 Q2 2007 Q1 2006 Q4 12/31/2007 9/29/2007 6/30/2007 3/31/2007 12/31/2006 Reclassified Reclassified Reclassified Reclassified Update 12/31/2008 9/27/2008 6/28/2008 3/29/2008 12/31/2006 10-K 10-Q 10-Q 10-Q 10-K 2/24/2009 10/21/2008 7/22/2008 4/22/2008 2/26/2007 Complete Complete Complete Complete Complete -----70.800 56.560 52.020 64.230 54.820 -----70.800 56.560 52.020 64.230 54.820 ----------461.410 473.500 523.940 525.210 422.130 ----------461.410 473.500 523.940 525.210 422.130 134.140 142.570 141.550 143.470 157.210 50.790 53.200 55.130 56.980 55.140 194.090 199.880 198.650 193.050 186.510 ----------379.020 395.640 395.330 393.500 398.860 35.800 47.750 41.610 40.990 31.240 -----50.510 52.040 51.620 51.180 50.580 40.490 26.870 31.750 29.200 ------91.000 78.910 83.370 80.380 50.580 1,038.020 1,052.340 1,096.260 1,104.310 957.630 ---------------------------------------------361.690 356.590 352.850 349.770 330.370 ----------1,999.120 1,989.620 1,924.210 1,813.550 1,718.770 541.920 541.470 547.380 421.700 320.270 (54.900) (48.740) (43.720) (36.940) (33.260) 487.030 492.730 503.660 384.760 287.010 --------------------------

2006 Q3 2006 Q2 2006 Q1 2005 Q4 9/30/2006 7/1/2006 4/1/2006 12/31/2005 Update Update Update Update 9/30/2006 7/1/2006 4/1/2006 12/31/2005 10-Q 10-Q 10-Q 10-K 11/3/2006 8/4/2006 5/5/2006 3/1/2006 Complete Complete Complete Complete ----45.150 48.330 50.240 48.500 ----45.150 48.330 50.240 48.500 --------454.260 502.980 520.970 423.850 --------454.260 502.980 520.970 423.850 166.780 156.030 163.760 153.510 54.850 50.760 49.590 49.420 176.010 173.430 162.270 146.390 --------397.640 380.220 375.620 349.310 28.740 27.660 28.920 24.390 ----46.040 45.920 44.430 48.970 ---0.000 ----46.040 45.920 44.430 48.970 971.820 1,005.110 1,020.180 895.020 ------------------------------------312.300 312.150 314.160 311.840 --------1,732.410 1,729.180 1,723.950 1,718.210 291.190 -285.970 286.440 (29.930) -(23.140) (19.910) 261.260 263.600 262.830 266.530 ---------------------

--32.520 -82.240 114.760 4,000.610 227.790 -205.150 13.590 5.080 ---15.000 --3.700 90.020 108.720 560.320 1,041.930 -1,041.930 1,060.590 166.920 166.920 0.000 -198.190 118.390 4.000 320.580 2,089.740 --------16.540 -16.540 476.240 1,296.230 -------

--18.500 -77.080 95.580 3,986.870 204.360 -199.820 4.800 4.990 ---10.860 --5.430 111.830 128.130 542.100 1,102.710 -1,102.710 1,112.500 134.680 134.680 0.000 -268.600 108.110 2.520 379.230 2,158.710 --------16.580 -16.580 478.400 1,262.600 -------

--18.440 -77.820 96.260 3,973.240 211.500 -194.820 10.200 4.520 ---20.320 --9.620 93.950 123.890 544.930 1,173.180 -1,173.180 1,187.900 110.410 110.410 0.000 -265.230 102.650 2.550 370.430 2,198.950 --------16.660 -16.660 493.110 1,219.560 -------

------------18.420 ----0.000 ------69.510 71.200 77.390 80.170 67.560 62.150 87.930 71.200 77.390 80.170 67.560 62.150 3,740.310 3,364.980 3,355.170 3,390.210 3,388.680 3,253.760 200.650 206.290 191.210 224.240 206.530 207.320 ------167.030 180.310 179.430 160.140 141.130 184.480 16.000 14.560 0.000 4.870 0.000 0.000 8.150 7.630 6.910 6.970 4.250 4.140 ------------------13.460 22.490 0.000 22.530 27.200 17.520 ------------9.220 0.000 0.000 0.000 0.000 0.190 91.100 90.000 95.120 83.940 94.420 111.030 113.780 112.500 95.120 106.470 121.610 128.740 505.620 521.280 472.670 502.690 473.510 524.670 1,056.120 721.870 788.070 801.900 888.020 748.480 ------1,056.120 721.870 788.070 801.900 888.020 748.480 1,080.270 744.060 794.980 813.740 892.260 752.610 108.900 109.780 124.390 125.420 123.660 125.790 108.900 109.780 124.390 125.420 123.660 125.790 ------------260.910 255.520 244.460 238.200 232.350 226.730 100.320 86.530 84.780 79.840 76.450 70.460 2.580 0.000 0.000 0.000 0.000 2.030 363.820 342.040 329.240 318.040 308.800 299.210 2,034.460 1,694.980 1,714.370 1,748.040 1,793.990 1,698.150 ------------------------------------------------16.630 16.630 16.680 16.850 16.940 16.870 ------16.630 16.630 16.680 16.850 16.940 16.870 484.380 488.540 486.990 512.360 524.900 518.750 1,172.460 1,148.130 1,123.460 1,102.770 1,048.370 1,020.980 -------------------------------------

121.870 70.580 44.960 32.390 16.700 13.680 10.180 4.470 (0.990) 121.870 70.580 44.960 32.390 16.700 13.680 10.180 4.470 (0.990) 1,910.870 1,828.160 1,774.290 1,705.860 1,670.000 1,640.800 1,642.160 1,594.690 1,555.610 4,000.610 3,986.870 3,973.240 3,740.310 3,364.980 3,355.170 3,390.210 3,388.680 3,253.760 99.220 99.470 99.970 99.780 99.780 100.050 101.120 101.640 101.200 ---------------------------99.220 99.470 99.970 99.780 99.780 100.050 101.120 101.640 101.200 ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------54.900 48.740 43.720 36.940 33.260 29.930 26.480 23.140 19.910 ---------------------------------------------------------------------------------------------------------------------------------------------------------2007 Q4 2007 Q3 2007 Q2 2007 Q1 2006 Q4 12/31/2007 9/29/2007 6/30/2007 3/31/2007 12/31/2006 12 Months 9 Months 6 Months 3 Months 12 Months Reclassified Reclassified Reclassified Reclassified Reclassified 12/31/2008 9/27/2008 6/28/2008 3/29/2008 12/31/2008

2006 Q3 9/30/2006 9 Months Update 9/30/2006

2006 Q2 7/1/2006 6 Months Update 7/1/2006

2006 Q1 2005 Q4 4/1/2006 12/31/2005 3 Months 12 Months Update Update 4/1/2006 12/31/2005

10-K 10-Q 2/24/2009 10/21/2008 Complete Complete 210.930 162.380 57.600 45.540 57.600 45.540 25.560 18.640 --25.560 18.640 (16.650) (18.880) --5.920 (1.560) --(1.930) (2.200) --2.870 1.840 18.710 14.370 25.560 12.450 (19.070) (27.930) 14.710 13.970 2.180 (8.680) --19.480 (1.090) 8.760 6.240 --2.850 (4.570) (3.210) 23.880 13.020 7.400 (0.440) -38.280 9.220 341.280 229.330 (61.520) (45.160) ----(61.520) (45.160) (487.560) (486.260) --5.200 5.140 ----------(5.540) (4.040) (487.910) (485.170) (549.420) (530.340) 2.330 0.830 2.330 0.830 (59.910) (44.990) --(59.910) (44.990) --(40.640) (27.120) (40.640) (27.120)

10-Q 7/22/2008 Complete 104.340 30.040 30.040 12.950 -12.950 (6.480) -(2.380) -0.000 -0.990 10.410 9.030 (84.470) 8.040 (3.470) -10.310 (0.350) -5.160 10.260 2.550 -(51.970) 97.920 (30.060) --(30.060) (482.890) -1.530 -----(0.780) (482.140) (512.200) 0.430 0.430 (29.990) -(29.990) -(9.280) (9.280)

10-Q 4/22/2008 Complete 42.270 15.440 15.440 4.890 -4.890 (0.360) -0.360 -0.000 -0.960 5.160 6.470 (98.530) (2.010) (8.630) -2.710 (14.250) -(1.700) (3.700) 0.290 (0.570) (126.380) (57.670) (18.870) --(18.870) (230.580) -1.330 ------(229.250) (248.120) 1.060 1.060 (15.020) -(15.020) -(9.280) (9.280)

10-K 2/24/2009 Complete 183.730 55.680 55.680 18.180 -18.180 (10.610) -4.540 -(0.360) -3.330 22.330 29.840 15.470 (45.770) (5.010) -(18.410) (11.490) -10.350 6.110 3.350 0.040 (45.370) 231.460 (50.890) --(50.890) (29.290) -(23.350) -----(6.370) (59.010) (109.900) 3.040 3.040 (56.580) -(56.580) -(59.360) (59.360)

10-Q 11/3/2006 Complete 145.090 44.760 44.760 13.960 -13.960 (0.090) -0.100 -(0.170) --15.380 15.310 (23.210) (43.360) (3.670) -(22.140) (6.610) -(14.800) 12.100 8.550 -(93.140) 125.900 (33.310) --(33.310) (22.880) -(23.510) 0.170 ----(6.820) (53.050) (86.360) 2.680 2.680 (42.620) -(42.620) -(50.000) (50.000)

10-Q 8/4/2006 Complete 110.250 30.390 30.390 9.480 -9.480 0.180 -1.500 -0.000 --9.880 11.380 (74.190) (28.030) (2.810) -12.380 (18.630) -6.440 (11.210) 1.570 -(114.480) 47.190 (20.220) --(20.220) (19.690) -(23.790) (4.270) -----(47.750) (67.970) 2.610 2.610 (28.460) -(28.460) -(18.330) (18.330)

10-Q 5/5/2006 Complete 41.620 15.230 15.230 4.260 -4.260 2.480 -1.500 ----4.110 5.610 (95.540) (25.380) (4.260) -(4.040) (24.890) -10.720 (21.660) 3.550 -(161.510) (92.300) (9.050) --(9.050) (2.160) -(23.930) -----(2.150) (28.240) (37.290) 2.530 2.530 (14.220) -(14.220) ----

10-K 3/1/2006 Complete 185.050 56.570 56.570 16.000 -16.000 5.900 -(0.630) -(5.440) --15.510 9.440 (20.950) (19.200) (0.120) -6.630 (22.490) -10.360 21.120 (0.440) 0.000 (25.090) 247.860 (62.470) --(62.470) (150.530) (10.160) 40.950 -(2.070) ----(121.810) (184.290) --(53.130) -(53.130) 8.680 (25.000) (16.320)

-----7.390 --(33.250) --(1.830) 1,269.430 (954.080) 315.350 --313.520 222.690 1.430 15.980 54.820 70.800 66.040 98.800 ----

-----5.510 --(21.610) --(10.380) 1,147.130 (770.820) 376.310 --365.930 300.170 2.570 1.740 54.820 56.560 ------

-----4.920 --(4.360) --(4.710) 1,121.400 (673.340) 448.060 --443.350 409.440 2.040 (2.800) 54.820 52.020 ------

-----1.760 --(7.520) --1.230 345.190 (10.250) 334.940 --336.170 314.700 0.500 9.410 54.820 64.230 ------

-----4.070 --(55.290) --13.830 608.980 (631.760) (22.780) --(8.950) (117.780) 2.550 6.320 48.500 54.820 51.380 77.230 ----

-----3.130 --(46.870) --0.000 569.000 (526.600) 42.400 --42.400 (44.420) 1.530 (3.350) 48.500 45.150 ------

-----2.940 --(15.390) --4.760 414.230 (358.140) 56.090 --60.860 19.610 1.000 (0.170) 48.500 48.330 ------

-----2.580 --2.580 --0.000 272.910 (133.050) 139.860 --139.860 130.740 0.590 1.740 48.500 50.240 ------

-----8.380 --(7.940) --0.000 413.280 (395.980) 17.300 --17.300 (43.780) (2.790) 17.010 31.500 48.500 44.400 79.410 ----

2007 Q4

2007 Q3

2007 Q2

2007 Q1

2006 Q4

2006 Q3

2006 Q2

2006 Q1

2005 Q4

12.7% 6.3% 8.3%

12.3% 6.0% 7.7%

10.7% 5.2% 6.5%

11.5% 5.4% 6.5%

11.8% 5.6% 7.0%

11.9% 5.8% 7.0%

12.9% 6.2% 7.5%

12.8% 5.8% 6.7%

12.8% 5.9% 7.0%

$18.7 1,041.9 -1,910.9 $2,971.5

$9.8 1,102.7 -1,828.2 $2,940.7

$14.7 1,173.2 -1,774.3 $2,962.2

$24.2 1,056.1 -1,705.9 $2,786.1

$22.2 721.9 -1,670.0 $2,414.1

$6.9 788.1 -1,640.8 $2,435.8

$11.8 801.9 -1,642.2 $2,455.9

$4.3 888.0 -1,594.7 $2,487.0

$4.1 748.5 -1,555.6 $2,308.2

$1.10

$1.09

$1.08

$1.14

$1.31

$1.29

$1.25

$1.21

$1.28

$212 3,281 6.5%

$202 3,217 6.3%

$176 3,213 5.5%

$183 3,176 5.8%

$184 3,154 5.8%

$184 3,144 5.9%

$195 3,082 6.3%

$188 3,008 6.2%

$185 2,947 6.3%

$3,281 4,001 0.8x

$3,217 3,987 0.8x

$3,213 3,973 0.8x

$3,176 3,740 0.8x

$3,154 3,365 0.9x

$3,144 3,355 0.9x

$3,082 3,390 0.9x

$3,008 3,389 0.9x

$2,947 3,254 0.9x

5.3%

5.1%

4.4%

4.9%

5.5%

5.5%

5.8%

5.5%

5.7%

4,001 1,670 2.4x

3,987 1,641 2.4x

3,973 1,642 2.4x

3,740 1,595 2.3x

3,365 1,556 2.2x

3,355 1,549 2.2x

3,390 1,512 2.2x

3,389 1,471 2.3x

3,254 1,448 2.2x

12.7%

12.3%

10.7%

11.5%

11.8%

11.9%

12.9%

12.8%

12.8%

$1,013 $577 $57 $83 $94 $201

$966 $561 $57 $79 $80 $188

$937 $564 $58 $77 $79 $159

$920 $552 $58 $75 $73 $163

$906 $541 $58 $74 $72 $161

$906 $535 $57 $76 $80 $158

$894 $510 $54 $75 $87 $167

$866 $487 $49 $74 $100 $156

$848 $479 $46 $73 $98 $152

$19 $1,042 $1,911 $2,971

$10 $1,103 $1,828 $2,941

$15 $1,173 $1,774 $2,962

$24 $1,056 $1,706 $2,786

$22 $722 $1,670 $2,414

$7 $788 $1,641 $2,436

$12 $802 $1,642 $2,456

$4 $888 $1,595 $2,487

$4 $748 $1,556 $2,308

8.3%

7.7%

6.5%

6.5%

7.0%

7.0%

7.5%

6.7%

7.0%

$341 ($62) $280

$335 ($63) $272

$282 ($61) $221

$266 ($61) $205

$231 ($51) $181

$247 ($45) $202

$256 ($44) $213

$236 ($50) $185

$248 ($62) $185

$212

$202

$176

$183

$184

$184

$195

$188

$185

131.9%

135.0%

126.1%

112.0%

98.3%

109.9%

108.9%

98.6%

100.2%

2005 Q3 10/1/2005 3 Months Reclassified 9/30/2006 10-Q 11/3/2006 Complete 716.310 ---716.310 ---716.310 515.470 -515.470 200.840 112.810 --112.810 11.150 ------------------------

2005 Q2 7/2/2005 3 Months Restated 7/1/2006 10-Q 8/4/2006 Complete 788.520 ---788.520 ---788.520 553.290 -553.290 235.230 117.470 --117.470 10.530 ------------------------

2005 Q1 2004 Q4 2004 Q3 4/2/2005 12/31/2004 10/2/2004 3 Months 3 Months 3 Months Restated Update Update 4/1/2006 12/31/2004 10/2/2004 10-Q 10-K 10-Q 5/5/2006 3/11/2005 11/12/2004 Complete Complete Complete 709.640 651.480 607.770 ---------709.640 651.480 607.770 ---------709.640 651.480 607.770 505.500 468.270 437.980 ---505.500 468.270 437.980 204.140 183.200 169.780 120.630 111.220 96.880 ------120.630 111.220 96.880 11.430 9.930 8.800 ----------------------------------------------------------------------

2004 Q2 7/3/2004 3 Months Restated 7/2/2005 10-Q 8/11/2005 Complete 530.430 ---530.430 ---530.430 368.780 -368.780 161.650 84.260 --84.260 6.410 ------------------------

---639.430 76.880 ------(10.750) (10.750) ------66.130 21.600 44.530 ---44.530 -0.000 --0.000 44.530 ------44.530 44.530 100.920 0.440 0.440 0.000 44.530 102.870 0.430 0.430 0.130 ------

---681.290 107.230 ----5.200 5.200 (11.700) (6.500) ------100.740 39.360 61.380 ---61.380 -0.000 --0.000 61.380 ------61.380 61.380 100.770 0.610 0.610 0.000 61.380 102.830 0.600 0.600 0.130 ------

---637.550 72.090 ------(11.280) (11.280) ------60.810 20.630 40.180 ---40.180 -0.000 --0.000 40.180 ------40.180 40.180 100.360 0.400 0.400 0.000 40.180 102.460 0.390 0.390 0.130 ------

---589.430 62.050 ----0.000 0.000 (10.890) (10.890) ------51.160 17.460 33.700 ---33.700 -(6.050) --(6.050) 27.650 ------33.700 27.650 100.010 0.340 0.280 0.000 27.650 102.540 0.330 0.270 0.110 ------

---543.670 64.100 ------(11.170) (11.170) ------52.930 19.840 33.090 ---33.090 -14.810 --14.810 47.900 ------33.090 47.900 99.500 0.330 0.480 0.000 47.900 102.060 0.320 0.470 0.110 ------

---459.450 70.980 ----0.000 0.000 (7.500) (7.500) ------63.480 21.490 41.990 ---41.990 -13.470 --13.470 55.460 ------41.990 55.460 99.320 0.420 0.560 0.000 55.460 101.690 0.410 0.550 0.110 ------

------------66.130 -21.600 44.530 44.530 0.440 0.430 -------14.180 --3.740 -----11.150 -------------------

------------100.740 -39.360 61.380 61.380 0.610 0.600 -------14.500 --4.080 -----10.530 -------------------

------------60.810 -20.630 40.180 40.180 0.400 0.390 -------14.460 --3.990 -----11.430 -------------------

------------51.160 -17.460 33.700 33.700 0.340 0.330 -------12.120 --3.220 -----9.930 -------------------

------------52.930 -19.840 33.090 33.090 0.330 0.320 3.090 44.820 0.450 0.440 ---3.290 --3.680 -----8.800 -------------------

------------63.480 -21.490 41.990 41.990 0.420 0.410 2.770 52.690 0.530 0.520 ---21.210 --3.490 -----6.410 -------------------

2005 Q3 2005 Q2 10/1/2005 7/2/2005 Reclassified Reclassified 9/30/2006 7/1/2006 10-Q 10-Q 11/3/2006 8/4/2006 Complete Complete --49.350 41.850 --49.350 41.850 ----428.490 457.880 ----428.490 457.880 164.350 158.520 44.820 44.530 135.510 136.410 ----344.680 339.460 28.240 27.730 --64.790 49.080 ----64.790 49.080 915.550 916.000 ------------------316.490 324.480 ----1,629.980 1,614.250 271.740 -(20.440) -251.310 254.230 -----------

2005 Q1 2004 Q4 2004 Q3 4/2/2005 12/31/2004 10/2/2004 Update Update Update 4/2/2005 12/31/2004 10/2/2004 10-Q 10-K 10-Q 5/10/2005 3/11/2005 11/12/2004 Complete Complete Complete ---43.840 31.500 78.790 ---43.840 31.500 78.790 ------475.600 396.460 397.100 ------475.600 396.460 397.100 178.290 161.870 168.940 37.330 34.990 34.350 124.290 126.820 112.130 ------339.910 323.680 315.410 27.840 24.430 30.970 ---49.910 49.070 45.300 0.000 0.000 394.940 ---49.910 49.070 440.240 937.100 825.140 1,262.510 ---------------------------335.060 336.300 335.980 ------1,620.720 1,620.400 1,619.640 269.750 --(14.720) --255.030 258.130 259.770 ----------------

2004 Q2 7/3/2004 Restated 7/2/2005 10-Q 8/11/2005 Complete -58.250 -58.250 --285.350 --285.350 102.990 20.620 69.610 --193.220 26.870 -30.630 380.390 -411.020 974.700 ---------219.340 --997.440 --96.160 ------

------------0.000 -0.000 0.390 565.070 561.770 ------61.740 60.540 81.010 80.210 83.840 81.870 61.740 60.540 81.010 80.610 648.910 643.640 3,175.070 3,169.500 3,228.920 3,120.580 4,126.810 2,931.280 183.380 195.700 185.140 195.290 184.740 130.850 ------175.370 162.700 147.520 188.960 123.980 114.690 0.000 0.000 0.000 0.000 850.000 1.590 4.000 6.470 17.420 11.960 9.870 5.330 ------------------40.820 45.120 25.450 27.400 49.700 26.680 ------------0.190 0.190 0.190 0.190 209.340 206.780 114.180 97.370 104.590 103.080 136.870 57.640 155.190 142.680 130.230 130.670 395.910 291.100 517.940 507.550 480.310 526.880 1,564.490 543.560 685.350 727.630 848.010 724.150 737.720 747.320 ------685.350 727.630 848.010 724.150 737.720 747.320 689.360 734.100 865.430 736.110 1,597.580 754.240 138.190 143.380 145.290 142.870 140.660 60.200 138.190 143.380 145.290 142.870 140.660 60.200 ----2.670 -------213.380 209.140 208.540 205.020 187.790 126.170 69.370 67.580 72.430 70.800 61.860 62.530 2.030 2.030 2.870 3.050 41.600 46.730 284.770 278.750 283.830 278.880 291.250 235.430 1,626.250 1,657.310 1,757.440 1,672.780 2,736.790 1,586.510 ------------------------------------------------16.980 16.970 16.930 16.830 16.770 16.730 ------16.980 16.970 16.930 16.830 16.770 16.730 527.530 520.970 529.700 517.370 500.890 500.920 995.270 963.980 918.940 889.060 872.500 835.640 -------------------------------------

9.040 10.270 5.910 24.530 (0.140) (8.510) 9.040 10.270 5.910 24.530 (0.140) (8.510) 1,548.820 1,512.190 1,471.480 1,447.790 1,390.020 1,344.770 3,175.070 3,169.500 3,228.920 3,120.580 4,126.810 2,931.280 101.880 101.850 101.600 100.970 100.630 100.160 ------------------101.880 101.850 101.600 100.970 100.630 100.160 ------------------------------------------------------------------------------------------------------------------------------20.440 17.560 14.720 ---------------------------------------------------------------------------------------------------------2005 Q3 2005 Q2 2005 Q1 2004 Q4 10/1/2005 7/2/2005 4/2/2005 12/31/2004 9 Months 6 Months 3 Months 12 Months Reclassified Reclassified Reclassified Reclassified 9/30/2006 7/1/2006 4/1/2006 12/31/2005

2004 Q3 2004 Q2 10/2/2004 7/3/2004 9 Months 6 Months Update Reclassified 10/2/2004 7/2/2005

10-Q 11/3/2006 Complete 146.090 43.140 43.140 11.820 -11.820 3.460 -(0.630) -(5.200) --11.220 5.390 (43.760) (29.440) (4.460) -(8.370) (23.590) -14.320 15.790 (4.120) -(83.620) 126.280 (50.600) --(50.600) (10.520) -0.960 23.600 ----(0.950) 13.090 (37.500) 7.980 7.980 (39.890) -(39.890) -0.000 0.000

10-Q 8/4/2006 Complete 101.560 28.960 28.960 8.070 -8.070 2.570 -(0.630) -(5.200) --5.500 (0.330) (72.730) (22.340) (4.040) -4.590 (28.680) -18.290 8.160 (5.140) -(101.900) 38.940 (39.080) --(39.080) (10.510) -11.360 23.600 -----24.450 (14.630) 7.810 7.810 (26.650) -(26.650) -0.000 0.000

10-Q 5/5/2006 Complete 40.180 14.460 14.460 3.990 -3.990 2.390 -0.250 ----2.430 2.680 (85.610) (19.490) (4.330) -(7.380) (25.870) -(2.840) 3.040 (1.250) (0.050) (143.780) (80.070) (21.290) --(21.290) (10.300) -(1.190) -----0.020 (11.470) (32.760) 3.730 3.730 (13.430) -(13.430) ----

10-K 10-Q 3/1/2006 11/12/2004 Complete Complete 171.230 143.580 47.060 34.950 47.060 34.950 7.500 10.310 --7.500 10.310 16.740 (0.450) --(20.270) (26.220) --0.000 0.000 ----6.350 0.000 (13.930) (26.220) 26.920 13.610 (52.000) (46.040) 2.180 (13.840) --17.270 14.090 7.590 8.140 --6.350 24.600 20.390 36.040 6.790 (1.060) --35.490 35.540 264.090 197.700 (48.870) (28.550) ----(48.870) (28.550) (869.160) (877.720) 773.400 -0.000 0.000 --0.060 0.000 ------0.000 0.000 (95.700) (877.720) (144.560) (906.270) ----(43.130) (32.040) --(43.130) (32.040) 0.000 -(4.200) -(4.200) --

10-Q 8/11/2005 Complete 95.670 20.930 20.930 6.280 -6.280 0.300 -(10.580) -0.000 --0.000 (10.580) (35.900) (28.180) (7.800) -38.990 5.630 -11.930 11.970 (1.180) -(4.530) 108.070 (13.340) --(13.340) (15.290) 0.000 0.000 0.000 (0.200) ---0.000 (15.490) (28.830) --(21.000) -(21.000) ----

-----7.030 --7.030 ---241.610 (286.330) (44.720) --(44.720) (69.600) (1.320) 17.860 31.500 49.350 ------

-----6.360 --6.360 --0.000 186.610 (186.990) (0.380) --(0.380) (12.870) (1.080) 10.360 31.500 41.850 ------

-----2.600 --2.600 ---146.610 (14.120) 132.490 --132.490 125.390 (0.210) 12.340 31.500 43.840 ------

-----10.860 --6.660 --(4.160) 343.320 (440.520) (97.200) --(101.360) (137.830) 1.810 (16.490) 47.990 31.500 49.340 63.490 ----

-----10.230 --10.230 --845.840 231.520 (317.150) (85.640) --760.200 738.390 0.990 30.810 47.990 78.790 ------

-----10.180 --10.180 --(2.600) 164.820 (220.530) (55.710) --(58.310) (69.140) 0.150 10.260 47.990 58.250 ------

2005 Q3

2005 Q2

2005 Q1

2004 Q4

2004 Q3

2004 Q2

12.9% 4.4% 5.2%

12.5% 5.7% 6.9%

$4.0 685.4 -1,548.8 $2,238.2

$6.5 727.6 -1,512.2 $2,246.3

$17.4 848.0 -1,471.5 $2,336.9

$12.0 724.2 -1,447.8 $2,183.9

$859.9 737.7 -1,390.0 $2,987.6

$6.9 747.3 -1,344.8 $2,099.0

$1.28

$1.23

$180 2,866 6.3%

$168 2,757 6.1%

$2,866 3,175 0.9x

$2,757 3,170 0.9x

5.7%

5.3%

3,175 1,390 2.3x

3,170 1,345 2.4x

12.9%

12.5%

$823 $462 $43 $64 $99 $155

$792 $446 $41 $64 $97 $144

$4 $685 $1,549 $2,238

$6 $728 $1,512 $2,246

5.2%

6.9%

$193 ($71) $122

$195 ($75) $120

$180

$168

67.7%

71.5%

$17 $848 $1,471 $2,337

$12 $724 $1,448 $2,184

$860 $738 $1,390 $2,988

$7 $747 $1,345 $2,099

All Financial Reports

Nalco Holding Co Income Statement - Annual Standardised in Millions of US Dollar Fiscal Period: 2008 2007 2006 Period End Date: 12/31/2008 12/31/2007 12/31/2006 Period Length: 12 Months 12 Months 12 Months Update Type: Update Reclassified Reclassified Update Date: 12/31/2008 12/31/2008 12/31/2008 Source 10-K 10-K 10-K Source Date: 2/25/2009 2/25/2009 2/25/2009 Complete Statement: Complete Complete Complete Auditor Code: EY EY EY Net Sales 4,212.400 3,912.500 3,602.600 Gross Revenue ---Sales Returns and Allowances ---Excise Tax Receipts ---Revenue 4,212.400 3,912.500 3,602.600 Interest Income, Non-Bank ---Other Revenue ---Other Revenue, Total ---Total Revenue 4,212.400 3,912.500 3,602.600 Cost of Revenue 2,381.100 2,157.900 1,995.300 Excise Taxes Payments ---Cost of Revenue, Total 2,381.100 2,157.900 1,995.300 Gross Profit 1,831.300 1,754.600 1,607.300 Selling/General/Administrative Expense 1,247.200 1,201.000 1,094.700 Labor & Related Expense ---Advertising Expense ---Selling/General/Admin. Expenses, Total 1,247.200 1,201.000 1,094.700 Research & Development 0 0 0 Depreciation ---Amortization of Intangibles 56.800 62.100 70.100 Amortization of Acquisition Costs ---Depreciation/Amortization 56.800 62.100 70.100 Interest Expense - Operating ---Interest Capitalized - Operating ---Interest Expense, Net - Operating ---Interest Income - Operating ---Investment Income - Operating ---Interest/Investment Income - Operating ---Interest Expense(Income) - Net Operating ---Interest Exp.(Inc.),Net-Operating, Total ---Purchased R&D Written-Off ---Restructuring Charge 33.400 15.300 9.500 Litigation ---Impairment-Assets Held for Use 544.200 0.000 0.000 Impairment-Assets Held for Sale ---Other Unusual Expense (Income) (38.100) 0.000 0.000 Unusual Expense (Income) 539.500 15.300 9.500 Foreign Currency Adjustment ---Unrealized Losses (Gains) ---Minimum Pension Liability Adjustment ----

2005 12/31/2005 12 Months Reclassified 12/31/2007 10-K 2/28/2008 Complete EY 3,312.400 ---3,312.400 ---3,312.400 1,841.000 -1,841.000 1,471.400 1,020.900 --1,020.900 0 -81.600 -81.600 --------0.000 25.600 ----25.600 ----

2004 12/31/2004 12 Months Reclassified 12/31/2006 10-K 3/1/2007 Complete EY 3,033.300 ---3,033.300 ---3,033.300 1,578.800 -1,578.800 1,454.500 1,085.000 --1,085.000 0 -96.300 -96.300 --------122.300 1.700 ----124.000 ----

Loss(Gain) on Sale of Assets - Operating Other Operating Expense Other, Net Other Operating Expenses, Total Total Operating Expense Operating Income Interest Expense - Non-Operating Interest Capitalized - Non-Operating Interest Expense, Net Non-Operating Interest Income - Non-Operating Investment Income - Non-Operating Interest/Invest Income - Non-Operating Interest Income(Exp), Net Non-Operating Interest Inc.(Exp.),Net-Non-Op., Total Gain (Loss) on Sale of Assets Foreign Currency Adjustment Unrealized Gains (Losses) Minimum Pension Liability Adjustment Other Non-Operating Income (Expense) Other, Net Net Income Before Taxes Provision for Income Taxes Net Income After Taxes Minority Interest Equity In Affiliates U.S. GAAP Adjustment Net Income Before Extra. Items Accounting Change Discontinued Operations Extraordinary Item Tax on Extraordinary Items Total Extraordinary Items Net Income Preferred Dividends General Partners' Distributions Miscellaneous Earnings Adjustment Pro Forma Adjustment Interest Adjustment - Primary EPS Total Adjustments to Net Income Income Available to Com Excl ExtraOrd Income Available to Com Incl ExtraOrd Basic Weighted Average Shares Basic EPS Excluding Extraordinary Items Basic EPS Including Extraordinary Items Dilution Adjustment Diluted Net Income Diluted Weighted Average Shares Diluted EPS Excluding ExtraOrd Items Diluted EPS Including ExtraOrd Items DPS - Common Stock Primary Issue Dividends per Share - Com Stock Issue 2 Dividends per Share - Com Stock Issue 3 Dividends per Share - Com Stock Issue 4 Special DPS - Common Stock Primary Issue

--------------------4,224.600 3,436.300 3,169.600 2,969.100 2,884.100 (12.200) 476.200 433.000 343.300 149.200 (258.800) (274.000) (272.000) (258.000) (250.800) -----(258.800) (274.000) (272.000) (258.000) (250.800) 8.300 9.100 9.100 8.400 10.200 (10.400) 0.300 (0.100) 6.800 1.700 (2.100) 9.400 9.000 15.200 11.900 -----(260.900) (264.600) (263.000) (242.800) (238.900) --------------------(7.000) (5.100) (4.300) (3.700) (12.500) (7.000) (5.100) (4.300) (3.700) (12.500) (280.100) 206.500 165.700 96.800 (102.200) 54.500 69.300 58.900 43.300 30.800 (334.600) 137.200 106.800 53.500 (133.000) (8.000) (8.200) (7.900) (5.700) (5.800) ----------(342.600) 129.000 98.900 47.800 (138.800) -------------------------(342.600) 129.000 98.900 47.800 (138.800) ------------------------------(342.600) 129.000 98.900 47.800 (138.800) (342.600) 129.000 98.900 47.800 (138.800) 140.100 143.200 143.000 141.700 97.700 (2.450) 0.900 0.690 0.340 (1.420) (2.450) 0.900 0.690 0.340 (1.420) 0.000 --0.000 -(342.600) 129.000 98.900 47.800 (138.800) 140.100 146.700 146.700 146.600 97.700 (2.450) 0.880 0.670 0.330 (1.420) (2.450) 0.880 0.670 0.330 (1.420) 0.140 0.140 0.000 0.000 0.000 ---------------------

Special DPS - Common Stock Issue 2 Special DPS - Common Stock Issue 3 Special DPS - Common Stock Issue 4 Gross Dividends - Common Stock (Gain) Loss on Sale of Assets, Suppl. Impairment-Assets Held for Sale, Suppl. Impairment-Assets Held for Use, Suppl. Litigation Charge, Supplemental Purchased R&D Written-Off, Supplemental Restructuring Charge, Supplemental Other Unusual Expense(Income), Suppl. Non-Recurring Items, Supplemental, Total Total Special Items Normalized Income Before Taxes Effect of Special Items on Income Taxes Inc Tax Ex Impact of Sp Items Normalized Income After Taxes Normalized Inc. Avail to Com. Basic Normalized EPS Diluted Normalized EPS Pro Forma Stock Compensation Expense Net Income after Stock Based Comp. Exp. Basic EPS after Stock Based Comp. Exp. Diluted EPS after Stock Based Comp. Exp. Stock-Based Compensation, Supplemental Interest Expense, Supplemental Interest Capitalized, Supplemental Depreciation, Supplemental Funds From Operations - REIT Amort of Acquisition Costs, Supplemental Amort of Intangibles, Supplemental Rental Expense, Supplemental EPS, Supplemental Advertising Expense, Supplemental Equity in Affiliates, Supplemental Minority Interest, Supplemental Research & Development Exp, Supplemental Audit Fees Audit-Related Fees Tax Fees All Other Fees Reported Recurring Revenue Reported Net Premiums Written Reported Total Revenue Reported Operating Revenue Reported Total Cost of Revenue Reported Total Sales, General & Admin. Reported Gross Profit Reported Operating Profit Reported Operating Profit Margin Reported Ordinary Profit Reported Net Income After Tax Reported Basic EPS Reported Diluted EPS

---19.600 --------539.500 259.400 188.830 243.330 16.080 8.080 0.060 0.060 ----6.200 258.800 0.000 136.600 --56.800 43.100 --0.300 (8.000) 74.000 4.700 0.000 0.000 0.000 --------------

---20.000 --------15.300 221.800 5.140 74.440 147.370 139.170 0.970 0.950 ----15.500 274.000 0.000 132.300 --62.100 39.400 --1.400 (8.200) 66.100 4.700 0.100 0.000 0.000 --------------

---0.000 --------9.500 175.200 3.380 62.280 112.920 105.020 0.730 0.720 ----1.800 272.000 (0.500) 131.000 --70.100 36.700 --3.500 (7.900) 60.900 ------------------

---0.000 --------25.600 122.400 11.450 54.750 67.650 61.950 0.440 0.420 ----0.300 258.000 (0.200) 133.300 --81.600 39.100 --1.600 (5.700) 57.400 -----------343.300 ------

---0.000 --------124.000 21.800 0.600 31.400 (9.600) (15.400) (0.160) (0.160) ----0.100 250.800 (1.600) 114.300 --96.300 44.600 --3.200 (5.800) 179.000 -----------149.200 ------

Reported Net Business Profits

--

--

--

--

--

Balance Sheet (Differentiates) Annual - Standardised in Millions of US Dollar Fiscal Period: 2008 2007 2006 2005 2004 Period End Date: 12/31/2008 12/31/2007 12/31/2006 12/31/2005 12/31/2004 Update Type: Update Update Update Reclassified Update Update Date: 12/31/2008 12/31/2007 12/31/2006 12/31/2006 12/31/2004 Source 10-K 10-K 10-K 10-K 10-K Source Date: 2/25/2009 2/28/2008 3/1/2007 3/1/2007 3/24/2005 Complete Statement: Complete Complete Complete Complete Complete Auditor Code: EY EY EY EY EY Cash -----Cash & Equivalents 61.800 119.900 37.300 30.800 33.300 Short Term Investments -----Cash and Short Term Investments 61.800 119.900 37.300 30.800 33.300 Accounts Receivable - Trade, Gross 797.800 825.100 714.300 638.900 615.300 Provision for Doubtful Accounts (23.800) (19.500) (19.000) (16.600) (21.100) Accounts Receivable - Trade, Net 774.000 805.600 695.300 622.300 594.200 Notes Receivable - Short Term -----Receivables - Other -----Total Receivables, Net 774.000 805.600 695.300 622.300 594.200 Inventories - Finished Goods 301.600 268.900 264.500 242.600 245.400 Inventories - Work In Progress -----Inventories - Raw Materials 110.200 81.500 76.200 70.600 68.100 Inventories - Other -----LIFO Reserve -----Total Inventory 411.800 350.400 340.700 313.200 313.500 Prepaid Expenses 114.400 86.700 65.100 62.000 45.900 Restricted Cash - Current -----Deferred Income Tax - Current Asset 25.700 25.900 29.000 21.100 44.200 Discountinued Operations - Current Asset -----Other Current Assets -----Other Current Assets, Total 25.700 25.900 29.000 21.100 44.200 Total Current Assets 1,387.700 1,388.500 1,167.400 1,049.400 1,031.100 Buildings - Gross 194.900 191.800 175.600 164.300 165.400 Land/Improvements - Gross 73.000 81.100 76.000 74.800 80.900 Machinery/Equipment - Gross 1,075.000 1,040.000 909.300 801.100 743.900 Construction in Progress - Gross -----Leases - Gross -----Natural Resources - Gross -----Other Property/Plant/Equipment - Gross -----Property/Plant/Equipment, Total - Gross 1,342.900 1,312.900 1,160.900 1,040.200 990.200 Accumulated Depreciation, Total (639.200) (550.600) (417.500) (284.900) (142.900) Property/Plant/Equipment, Total - Net 703.700 762.300 743.400 755.300 847.300 Goodwill - Gross -----Accumulated Goodwill Amortization -----Goodwill, Net 1,700.100 2,459.800 2,299.900 2,196.700 2,368.300 Intangibles - Gross 1,449.400 1,467.700 1,440.300 1,419.800 1,439.300 Accumulated Intangible Amortization (373.000) (346.300) (270.800) (192.300) (115.700) Intangibles, Net 1,076.400 1,121.400 1,169.500 1,227.500 1,323.600 LT Investment - Affiliate Companies -----LT Investments - Other -----Long Term Investments ------

Note Receivable - Long Term Deferred Charges Pension Benefits - Overfunded Defered Income Tax - Long Term Asset Discontinued Operations - LT Asset Restricted Cash - Long Term Other Long Term Assets Other Long Term Assets, Total Total Assets Accounts Payable Payable/Accrued Accrued Expenses Notes Payable/Short Term Debt Current Port. of LT Debt/Capital Leases Dividends Payable Customer Advances Security Deposits Income Taxes Payable Other Payables Deferred Income Tax - Current Liability Discontinued Operations - Curr Liability Other Current Liabilities Other Current liabilities, Total Total Current Liabilities Long Term Debt Capital Lease Obligations Total Long Term Debt Total Debt Deferred Income Tax - LT Liability Deferred Income Tax Minority Interest Reserves Pension Benefits - Underfunded Other Long Term Liabilities Discontinued Operations - Liabilities Other Liabilities, Total Total Liabilities Redeemable Preferred Stock Redeemable Convertible Preferred Stock Redeemable Preferred Stock, Total Preferred Stock - Non Redeemable Convertible Preferred Stock - Non Rdmbl Treasury Stock - Preferred General Partner Preferred Stock - Non Redeemable, Net Common Stock Limited Partner Common Stock, Total Additional Paid-In Capital Retained Earnings (Accumulated Deficit) Treasury Stock - Common ESOP Debt Guarantee Unrealized Gain (Loss) Translation Adjustment

3.400 24.400 ----146.300 170.700 5,042.000 299.200 -309.400 93.800 0 ---32.500 ----32.500 734.900 3,129.600 -3,129.600 3,223.400 258.800 258.800 24.500 -322.200 178.700 -500.900 4,648.700 --------1.400 -1.400 764.500 (268.800) (211.300) ----

37.700 34.200 ----174.700 208.900 5,978.600 316.400 -285.700 130.400 0 ---36.800 ----36.800 769.300 3,193.700 -3,193.700 3,324.100 327.500 327.500 21.200 -314.400 234.700 -549.100 4,860.800 --------1.400 -1.400 749.700 100.700 (108.000) ----

60.000 44.300 ----172.000 216.300 5,656.500 288.200 -246.300 150.200 0 ---34.700 ----34.700 719.400 3,038.600 -3,038.600 3,188.800 314.300 314.300 12.600 -430.700 250.000 -680.700 4,765.600 --------1.400 -1.400 740.900 (16.200) 0.000 ----

73.200 55.000 ----195.300 250.300 5,552.400 285.400 -203.300 22.600 0 ---31.900 ----31.900 543.200 3,244.200 -3,244.200 3,266.800 353.000 353.000 11.200 -416.400 278.900 -695.300 4,846.900 --------1.400 -1.400 739.100 (115.100) -----

87.200 64.600 ----211.800 276.400 5,933.900 261.900 -274.500 17.700 0 ---37.200 ----37.200 591.300 3,424.800 -3,424.800 3,442.500 484.800 484.800 14.100 -411.700 296.800 -708.500 5,223.500 --------1.400 -1.400 738.800 (162.900) -----

Other Equity Minimum Pension Liability Adjustment Other Comprehensive Income Other Equity, Total Total Equity Total Liabilities & Shareholders' Equity Shares Outs - Common Stock Primary Issue Shares Outstanding - Common Issue 2 Shares Outstanding - Common Issue 3 Shares Outstanding - Common Issue 4 Total Common Shares Outstanding Treas Shares - Common Stock Prmry Issue Treasury Shares - Common Issue 2 Treasury Shares - Common Issue 3 Treasury Shares - Common Issue 4 Shares Outstanding - Preferred Issue 1 Shares Outstanding - Preferred Issue 2 Shares Outstanding - Preferred Issue 3 Shares Outstanding - Preferred Issue 4 Shares Outstanding - Preferred Issue 5 Shares Outstanding - Preferred Issue 6 Total Preferred Shares Outstanding Treasury Shares - Preferred Issue 1 Treasury Shares - Preferred Issue 2 Treasury Shares - Preferred Issue 3 Treasury Shares - Preferred Issue 4 Treasury Shares - Preferred Issue 5 Treasury Shares - Preferred Issue 6 Full-Time Employees Part-Time Employees Number of Common Shareholders Accumulated Goodwill Amortization Suppl. Accumulated Intangible Amort, Suppl. Deferred Revenue - Current Deferred Revenue - Long Term Total Risk-Weighted Capital Tier 1 Capital % Total Capital % Trading Account Credit Exposure Non-Performing Loans Assets under Management Reported Total Assets Reported Total Liabilities Shareholders' Equity Excl. Stock Subscr. Reported Shareholder's Equity Reported Net Assets Reported Net Assets to Total Assets Reported Return on Assets Reported Return on Equity

--107.500 107.500 393.300 5,042.000 137.230 ---137.230 9.540 ----------------11,770.000 -18,200.000 -373.000 ------------------

--------374.000 164.800 80.100 133.100 374.000 164.800 80.100 133.100 1,117.800 890.900 705.500 710.400 5,978.600 5,656.500 5,552.400 5,933.900 139.790 143.060 142.740 141.660 ------------139.790 143.060 142.740 141.660 4.590 0.000 0.000 -----------------------------------------------------------------11,560.000 11,100.000 10,900.000 10,500.000 ----16,000.000 11,200.000 5,800.000 5,600.000 ----346.300 270.800 192.300 115.700 ---------------------------------------------------------------------

Cash Flow (Indirect) - Annual - Standardised in Millions of US Dollar [+] Add Item Fiscal Period: 2008 2007 2006 2005 2004 Period End Date: 12/31/2008 12/31/2007 12/31/2006 12/31/2005 12/31/2004 Period Length: 12 Months 12 Months 12 Months 12 Months 12 Months

Update Type: Update Update Update Update Update Update Date: 12/31/2008 12/31/2007 12/31/2006 12/31/2005 12/31/2004 Source 10-K 10-K 10-K 10-K 10-K Source Date: 2/25/2009 2/28/2008 3/1/2007 3/2/2006 3/24/2005 Complete Statement: Complete Complete Complete Complete Complete Auditor Code: EY EY EY EY EY Net Income/Starting Line (342.600) 129.000 98.900 47.800 (138.800) Depreciation 136.600 132.300 131.000 133.300 114.300 Depreciation/Depletion 136.600 132.300 131.000 133.300 114.300 Amortization of Intangibles 56.800 62.100 70.100 81.600 96.300 Amortization of Acquisition Costs -----Amortization 56.800 62.100 70.100 81.600 96.300 Deferred Taxes (30.700) 0.200 (30.000) (39.200) (65.900) Accounting Change -----Discontinued Operations -----Extraordinary Item -----Unusual Items 506.100 0.000 0.000 0.000 13.700 Purchased R&D --0.000 0.000 122.300 Equity in Net Earnings (Loss) 1.900 0.900 1.900 2.500 2.800 Other Non-Cash Items 49.200 49.900 64.800 84.600 119.600 Non-Cash Items 557.200 50.800 66.700 87.100 258.400 Accounts Receivable (18.000) (55.400) (40.600) (59.900) (86.400) Inventories (92.800) 6.200 (15.400) (8.100) (10.900) Prepaid Expenses ----0.000 Other Assets ---0.000 0.000 Accounts Payable (7.000) 7.300 (8.800) 29.800 96.300 Accrued Expenses -----Payable/Accrued -----Taxes Payable -----Other Liabilities ---0.000 0.000 Other Assets & Liabilities, Net 23.600 (9.100) 12.900 (72.500) (25.800) Other Operating Cash Flow -----Changes in Working Capital (94.200) (51.000) (51.900) (110.700) (26.800) Cash from Operating Activities 283.100 323.400 284.800 199.900 237.500 Purchase of Fixed Assets (133.100) (114.600) (93.400) (74.600) (91.800) Purchase/Acquisition of Intangibles -----Software Development Costs -----Capital Expenditures (133.100) (114.600) (93.400) (74.600) (91.800) Acquisition of Business (21.700) (28.300) (6.400) 0.000 (2.300) Sale of Business 74.100 0.000 0.000 --Sale of Fixed Assets -----Sale/Maturity of Investment -----Investment, Net ---0.000 -Purchase of Investments -----Sale of Intangible Assets -----Intangible, Net -----Other Investing Cash Flow (14.700) 1.200 0.200 (1.300) 21.900 Other Investing Cash Flow Items, Total 37.700 (27.100) (6.200) (1.300) 19.600 Cash from Investing Activities (95.400) (141.700) (99.600) (75.900) (72.200) Other Financing Cash Flow (7.300) (5.900) (4.800) (7.300) (998.900) Financing Cash Flow Items (7.300) (5.900) (4.800) (7.300) (998.900) Cash Dividends Paid - Common (19.700) (15.100) 0.000 0.000 0.000 Cash Dividends Paid - Preferred -----Total Cash Dividends Paid (19.700) (15.100) 0.000 0.000 0.000

Sale/Issuance of Common Repurchase/Retirement of Common Common Stock, Net Sale/Issuance of Preferred Repurchase/Retirement of Preferred Preferred Stock, Net Sale/Issuance of Common/Preferred Repurch./Retirement of Common/Preferred Options Exercised Warrants Converted Treasury Stock Issuance (Retirement) of Stock, Net Short Term Debt Issued Short Term Debt Reduction Short Term Debt, Net Long Term Debt Issued Long Term Debt Reduction Long Term Debt, Net Total Debt Issued Total Debt Reduction Issuance (Retirement) of Debt, Net Cash from Financing Activities Foreign Exchange Effects Net Change in Cash Net Cash - Beginning Balance Net Cash - Ending Balance Cash Interest Paid Cash Taxes Paid Reported Cash from Operating Activities Reported Cash from Investing Activities Reported Cash from Financing Activities

ROE ROA ROIC

Short-term Debt Long-Term Debt Preferred Stock Equity Common Stock Equity Invested Capital $ Revenue / $ Invested Capital

-(103.300) (103.300) --------(103.300) --(65.800) 34.000 (70.800) (36.800) --(102.600) (232.900) (12.900) (58.100) 119.900 61.800 213.700 84.500 ----

-(108.000) (108.000) --------(108.000) --13.600 50.200 (40.100) 10.100 --23.700 (105.300) 6.200 82.600 37.300 119.900 227.800 81.400 ----

0.000 0.000 0.000 --------0.000 --30.800 0.000 (205.600) (205.600) --(174.800) (179.600) 0.900 6.500 30.800 37.300 226.300 88.600 ----

0.000 -0.000 --------0.000 --2.900 24.300 (145.800) (121.500) --(118.600) (125.900) (0.600) (2.500) 33.300 30.800 217.600 80.400 ----

720.500 -720.500 --------720.500 --(34.800) 719.700 (639.300) 80.400 --45.600 (232.800) 0.800 (66.700) 100.000 33.300 206.300 92.300 ----

2008

2007

2006

2005

2004

(30.6%) (5.7%) 7.6%

14.5% 2.3% 7.1%

14.0% 1.8% 6.4%

6.7% 0.8% 4.6%

(13.0%) (2.3%) 2.9%

$93.8 3,129.6 -393.3 $3,616.7

$130.4 3,193.7 -1,117.8 $4,441.9

$150.2 3,038.6 -890.9 $4,079.7

$22.6 3,244.2 -705.5 $3,972.3

$17.7 3,424.8 -710.4 $4,152.9

$1.16

$0.88

$0.88

$0.83

$0.73

($343) 4,212 (8.1%)

$129 3,913 3.3%

$99 3,603 2.7%

$48 3,312 1.4%

($139) 3,033 (4.6%)

$4,212 5,042

$3,913 5,979

$3,603 5,657

$3,312 5,552

$3,033 5,934

DuPont ROE Analysis Net Income Revenue Profit Margin Revenue Total Assets

Asset Utilization

0.8x

0.7x

0.6x

0.6x

0.5x

Return on Assets

(6.8%)

2.2%

1.7%

0.9%

(2.3%)

Total Assets Beginning Common Equity Leverage

5,042 1,118 4.5x

5,979 891 6.7x

5,657 706 8.0x

5,552 710 7.8x

5,934 1,069 5.6x

Return on Equity 3-year average 5-year average 10-year average

(30.6%) (0.7%) (1.7%) NA

14.5%

14.0%

6.7%

(13.0%)

Gross Profit SG&A R&D D&A Taxes NOPAT

$1,831 $1,247 $0 $193 $55 $336

$1,755 $1,201 $0 $194 $69 $290

$1,607 $1,095 $0 $201 $59 $253

$1,471 $1,021 $0 $215 $43 $192

$1,455 $1,085 $0 $211 $31 $128

ST debt LT debt Equity Invested Capital

$94 $3,130 $393 $3,617

$130 $3,194 $1,118 $4,442

$150 $3,039 $891 $4,080

$23 $3,244 $706 $3,972

$18 $3,425 $710 $4,153

ROIC 3-year average 5-year average 10-year average

7.6% 7.0% 5.7% NA

7.1%

6.4%

4.6%

2.9%

OCF Capex FCF

$283 ($133) $150

$323 ($115) $209

$285 ($93) $191

$200 ($75) $125

$238 ($92) $146

Net Income

($343)

$129

$99

$48

($139)

(43.8%) 103.9% 93.8% NA

161.9%

193.5%

262.1%

(105.0%)

FCF Conversion (FCF/NI) 3-year average 5-year average 10-year average Assumptions Growth Rate Net Operating Profit Margin Tax Rate Dep % of Revs. Investment Rate % of Revs. Working Cap. % of Revs 10 year average OCF Std. dev of 10 year OCF Beta

2008 7.7% 12.5% NA 4.6% 3.2% 21.0% $287 $67 0.23

3-year 8.3% 12.5% 34.6% 5.0% 2.9% 21.1%

Average 5-year 10- year 8.8% 8.1% 11.5% 11.1% 37.9% 39.6% 5.7% 6.4% 2.8% 3.1% 20.8% 20.4%

2008

2007

2006

2005

2004

Revenue growth

$4,212 7.7%

$3,913 8.6%

$3,603 8.8%

$3,312 9.2%

$3,033 9.6%

Net Income Dividends Retained Earning Retention Rate

($343) $20 ($362) 105.8%

$129 $15 $114 88.3%

$99 $0 $99 100.0%

$48 $0 $48 100.0%

($139) $0 ($139) 100.0%

ROE

(30.6%)

14.5%

14.0%

6.7%

(13.0%)

Growth (b*ROE)

(32.4%)

12.8%

14.0%

6.7%

(13.0%)

$527 12.5%

$492 12.6%

$443 12.3%

$369 11.1%

$273 9.0%

$55 NA

$69 33.6%

$59 35.5%

$43 44.7%

$31 NA

Depreciation % of Revenues

$193 4.6%

$194 5.0%

$201 5.6%

$215 6.5%

$211 6.9%

Capex % of Revenues

($133) 3.2%

($115) 2.9%

($93) 2.6%

($75) 2.3%

($92) 3.0%

Accounts Receivable Inventories Payables Working Capital % of Revenues

$774 412 299 $887 21.0%

$806 350 316 $840 21.5%

$695 341 288 $748 20.8%

$622 313 285 $650 19.6%

$594 314 262 $646 21.3%

Clean Operating Income % of Revenues Taxes % of Pre-tax income

2003 12/31/2003 12 Months Reclassified 12/31/2005 10-K 3/2/2006 Complete EY 2,766.600 ---2,766.600 ---2,766.600 1,372.800 -1,372.800 1,393.800 1,067.100 --1,067.100 0 -84.300 -84.300 --------0.000 21.100 -244.400 --265.500 ----

2002 2001 12/31/2002 12/31/2001 12 Months 12 Months Reclassified Update 12/31/2004 6/30/2004 10-K PROSPECTUS 3/24/2005 11/1/2004 Complete Complete EY EY 2,644.300 2,619.700 ------2,644.300 2,619.700 ------2,644.300 2,619.700 1,266.100 1,283.800 --1,266.100 1,283.800 1,378.200 1,335.900 992.000 1,022.700 ----992.000 1,022.700 0 0 --89.200 171.300 --89.200 171.300 ----------------0.000 1.300 32.800 172.300 --0.000 0.000 ----32.800 173.600 -------

----2,789.700 (23.100) (82.300) -(82.300) 7.700 4.500 12.200 -(70.100) (5.200) ---(19.400) (19.400) (117.800) 60.400 (178.200) (4.100) --(182.300) -----(182.300) ------(182.300) (182.300) 90.600 (2.010) (2.010) 0.000 (182.300) 90.600 (2.010) (2.010) 0.000 -----

--------2,380.100 2,651.400 264.200 (31.700) (38.500) (44.400) --(38.500) (44.400) 7.800 8.800 4.400 2.300 12.200 11.100 --(26.300) (33.300) 12.400 1.300 ------(13.400) (18.700) (13.400) (18.700) 236.900 (82.400) 105.200 (1.800) 131.700 (80.600) (3.300) (3.400) ----128.400 (84.000) ----------128.400 (84.000) ------------128.400 (84.000) 128.400 (84.000) 141.290 141.290 0.910 (0.590) 0.910 (0.590) 0.000 0.000 128.400 (84.000) 141.290 141.290 0.910 (0.590) 0.910 (0.590) 0.000 0.000 ---------

---0.000 --------270.700 152.900 94.750 155.150 (2.250) (6.350) (0.070) (0.070) ----0.000 82.300 (0.200) 124.300 --87.300 33.000 --2.400 (4.100) 60.000 ------------------

---0.000 --------20.400 257.300 9.060 114.260 143.040 139.740 0.990 0.990 ----0.000 38.500 -134.700 --89.200 25.100 --3.600 (3.300) 57.900 ------------------

---0.000 --------172.300 89.900 59.850 58.050 31.850 28.450 0.200 0.200 ----0.000 44.400 -124.600 --171.300 21.400 --2.800 (3.400) 68.100 ------------------

--

--

2003 2002 12/31/2003 12/31/2002 Update Update 6/30/2004 6/30/2004 PROSPECTUS PROSPECTUS 11/1/2004 11/1/2004 Complete Complete EY EY --100.000 120.500 --100.000 120.500 503.900 406.700 (21.000) (24.800) 482.900 481.400 ----482.900 481.400 233.600 194.700 --61.500 67.500 ----295.100 262.200 43.000 28.400 --54.600 39.000 ----54.600 39.000 975.600 931.500 164.900 219.100 69.000 78.500 654.600 825.400 --------888.500 1,123.000 (22.900) (299.800) 865.600 823.200 ----2,500.100 2,319.300 1,424.500 2,439.300 (15.600) (274.400) 1,408.900 2,164.900 -------

--

117.300 75.000 ----221.300 296.300 6,163.800 155.900 -271.000 51.900 0 ---50.000 ----50.000 528.800 3,262.800 -3,262.800 3,314.700 624.000 624.000 11.600 -374.100 293.500 -667.600 5,094.800 --------0.000 -0.000 1,001.900 (24.100) -----

2.800 0.000 ----244.700 244.700 6,486.400 317.200 -202.500 587.900 0 ---98.900 ----98.900 1,206.500 38.300 -38.300 626.200 963.100 963.100 18.000 -123.600 447.700 -571.300 2,797.200 ------------------

--91.200 91.200 1,069.000 6,163.800 141.290 ---141.290 -----------------10,500.000 ---15.600 ------------------

3,689.200 --3,689.200 3,689.200 6,486.400 141.290 ---141.290 ---------------------274.400 ------------------

2003 12/31/2003 12 Months

2002 12/31/2002 12 Months

2001 12/31/2001 12 Months

Update Update Update 6/30/2004 6/30/2004 6/30/2004 PROSPECTUS PROSPECTUS PROSPECTUS 11/1/2004 11/1/2004 11/1/2004 Complete Complete Complete EY EY EY (182.300) 128.400 (84.000) 124.300 134.700 124.600 124.300 134.700 124.600 84.300 89.200 171.300 ---84.300 89.200 171.300 (35.500) (30.200) (75.900) ---------244.400 0.000 56.600 -0.000 -(2.200) 0.300 (0.300) 66.300 (35.800) 59.100 308.500 (35.500) 115.400 (72.000) (6.700) 104.500 28.300 (11.000) (45.500) 0.000 (90.000) 0.000 (1.900) 5.500 0.000 (40.300) 28.600 50.500 ---------(17.800) 100.400 (13.000) 37.500 9.700 66.400 ---(66.200) 36.500 162.900 233.100 323.100 414.300 (101.200) (108.300) (114.800) ------(101.200) (108.300) (114.800) (4,137.200) 2.700 (405.000) ---------(6.000) 0.000 24.500 ---------87.000 (20.500) 31.800 (4,056.200) (17.800) (348.700) (4,157.400) (126.100) (463.500) 983.800 145.000 0.000 983.800 145.000 0.000 (29.000) (122.300) (148.100) ---(29.000) (122.300) (148.100)

0.000 -0.000 --------0.000 --(264.400) 3,214.800 (9.100) 3,205.700 --2,941.300 3,896.100 7.700 (20.500) 120.500 100.000 38.800 57.200 ----

--------------(255.000) 3.100 (3.500) (0.400) --(255.400) (232.700) 10.200 (25.500) 146.000 120.500 40.600 40.000 ----

2003

2002

(4.9%) (2.8%) 1.3% $51.9 3,262.8 -1,069.0 $4,383.7

$587.9 38.3 -3,689.2 $4,315.4

$0.63

$0.61

($182) 2,767 (6.6%)

$128 2,644 4.9%

$2,767 6,164

$2,644 6,486

--------------282.700 7.300 (8.000) (0.700) --282.000 133.900 (3.500) 81.200 64.800 146.000 36.100 33.400 ----

0.4x

0.4x

(3.0%)

2.0%

6,164 3,689 1.7x

6,486 NA NA

(4.9%)

NA

$1,394 $1,067 $0 $209 $60 $58

$1,378 $992 $0 $224 $105 $57

$52 $3,263 $1,069 $4,384

$588 $38 $3,689 $4,315

1.3%

NA

$233 ($101) $132

$323 ($108) $215

($182)

$128

(72.4%)

167.3%

2003

2002

$2,767 4.6%

$2,644

($182) $29 ($211) 115.9%

$128 $122 $6 4.8%

(4.9%)

0.0%

(5.7%)

0.0%

$242 8.8%

$297 11.2%

$60 NA

$105 44.4%

$209 7.5%

$224 8.5%

($101) 3.7%

($108) 4.1%

$483 295 156 $622 22.5%

$481 262 317 $426 16.1%

All Financial Reports

Nalco Holding Co Income Statement - Interim Standardised in Millions of US Dollar Fiscal Period: Period End Date: Period Length: Update Type: Update Date: Source Source Date: Complete Statement: Net Sales Gross Revenue Sales Returns and Allowances Excise Tax Receipts Revenue Interest Income, Non-Bank Other Revenue Other Revenue, Total Total Revenue Cost of Revenue Excise Taxes Payments Cost of Revenue, Total Gross Profit Selling/General/Administrative Expense Labor & Related Expense Advertising Expense Selling/General/Admin. Expenses, Total Research & Development Depreciation Amortization of Intangibles Amortization of Acquisition Costs Depreciation/Amortization Interest Expense - Operating Interest Capitalized - Operating Interest Expense, Net - Operating Interest Income - Operating Investment Income - Operating Interest/Investment Income - Operating Interest Expense(Income) - Net Operating Interest Exp.(Inc.),Net-Operating, Total Purchased R&D Written-Off Restructuring Charge Litigation Impairment-Assets Held for Use Impairment-Assets Held for Sale Other Unusual Expense (Income) Unusual Expense (Income) Foreign Currency Adjustment Unrealized Losses (Gains) Minimum Pension Liability Adjustment Loss(Gain) on Sale of Assets - Operating

2009 Q1 2008 Q4 2008 Q3 2008 Q2 2008 Q1 3/31/2009 12/31/2008 9/30/2008 6/30/2008 3/31/2008 3 Months 3 Months 3 Months 3 Months 3 Months Update Update Update Update Reclassified 3/31/2009 12/31/2008 9/30/2008 6/30/2008 3/31/2009 10-Q 10-K 10-Q 10-Q 10-Q 4/30/2009 2/25/2009 10/30/2008 8/1/2008 4/30/2009 Complete Complete Complete Complete Complete 868.400 1,030.900 1,115.500 1,066.300 999.700 ---------------868.400 1,030.900 1,115.500 1,066.300 999.700 ---------------868.400 1,030.900 1,115.500 1,066.300 999.700 488.600 579.000 642.800 594.900 563.600 -----488.600 579.000 642.800 594.900 563.600 379.800 451.900 472.700 471.400 436.100 277.800 289.000 317.200 332.200 309.600 ----------277.800 289.000 317.200 332.200 309.600 0 0 0 0 0 -----11.600 13.300 14.000 15.900 13.600 -----11.600 13.300 14.000 15.900 13.600 ---------------------------------------------0.300 20.600 10.400 1.400 1.000 ------544.200 ---------0.000 (38.100) --0.300 564.800 (27.700) 1.400 1.000 ---------------------

Other Operating Expense Other, Net Other Operating Expenses, Total Total Operating Expense Operating Income Interest Expense - Non-Operating Interest Capitalized - Non-Operating Interest Expense, Net Non-Operating Interest Income - Non-Operating Investment Income - Non-Operating Interest/Invest Income - Non-Operating Interest Income(Exp), Net Non-Operating Interest Inc.(Exp.),Net-Non-Op., Total Gain (Loss) on Sale of Assets Foreign Currency Adjustment Unrealized Gains (Losses) Minimum Pension Liability Adjustment Other Non-Operating Income (Expense) Other, Net Net Income Before Taxes Provision for Income Taxes Net Income After Taxes Minority Interest Equity In Affiliates U.S. GAAP Adjustment Net Income Before Extra. Items Accounting Change Discontinued Operations Extraordinary Item Tax on Extraordinary Items Total Extraordinary Items Net Income Preferred Dividends General Partners' Distributions Miscellaneous Earnings Adjustment Pro Forma Adjustment Interest Adjustment - Primary EPS Total Adjustments to Net Income Income Available to Com Excl ExtraOrd Income Available to Com Incl ExtraOrd Basic Weighted Average Shares Basic EPS Excluding Extraordinary Items Basic EPS Including Extraordinary Items Dilution Adjustment Diluted Net Income Diluted Weighted Average Shares Diluted EPS Excluding ExtraOrd Items Diluted EPS Including ExtraOrd Items DPS - Common Stock Primary Issue Dividends per Share - Com Stock Issue 2 Dividends per Share - Com Stock Issue 3 Dividends per Share - Com Stock Issue 4 Special DPS - Common Stock Primary Issue Special DPS - Common Stock Issue 2

------778.300 1,446.100 90.100 (415.200) (57.900) (63.100) --(57.900) (63.100) 1.300 1.500 0.100 -1.400 1.500 --(56.500) (61.600) --------2.700 (5.000) 2.700 (5.000) 36.300 (481.800) 11.600 (11.900) 24.700 (469.900) (1.500) (3.500) ----23.200 (473.400) ----------23.200 (473.400) ------------23.200 (473.400) 23.200 (473.400) 138.100 137.400 0.170 (3.450) 0.170 (3.450) 0.000 0.000 23.200 (473.400) 138.200 137.400 0.170 (3.450) 0.170 (3.450) 0.040 0.040 -----------

---946.300 169.200 (63.700) -(63.700) 2.300 (2.700) (0.400) -(64.100) ----(2.400) (2.400) 102.700 43.900 58.800 (1.400) --57.400 -----57.400 ------57.400 57.400 139.900 0.410 0.410 0.000 57.400 140.700 0.410 0.410 0.040 ------

---944.400 121.900 (64.700) -(64.700) 2.000 (1.900) 0.100 -(64.600) ----(2.400) (2.400) 54.900 9.000 45.900 (1.700) --44.200 -----44.200 ------44.200 44.200 141.400 0.310 0.310 0.000 44.200 142.200 0.310 0.310 0.040 ------

---887.800 111.900 (67.300) -(67.300) 2.500 (2.600) (0.100) -(67.400) ----(0.400) (0.400) 44.100 13.500 30.600 (1.400) --29.200 -----29.200 ------29.200 29.200 141.900 0.210 0.210 0.000 29.200 142.800 0.200 0.200 0.040 ------

Special DPS - Common Stock Issue 3 Special DPS - Common Stock Issue 4 Gross Dividends - Common Stock (Gain) Loss on Sale of Assets, Suppl. Impairment-Assets Held for Sale, Suppl. Impairment-Assets Held for Use, Suppl. Litigation Charge, Supplemental Purchased R&D Written-Off, Supplemental Restructuring Charge, Supplemental Other Unusual Expense(Income), Suppl. Non-Recurring Items, Supplemental, Total Total Special Items Normalized Income Before Taxes Effect of Special Items on Income Taxes Inc Tax Ex Impact of Sp Items Normalized Income After Taxes Normalized Inc. Avail to Com. Basic Normalized EPS Diluted Normalized EPS Pro Forma Stock Compensation Expense Net Income after Stock Based Comp. Exp. Basic EPS after Stock Based Comp. Exp. Diluted EPS after Stock Based Comp. Exp. Stock-Based Compensation, Supplemental Interest Expense, Supplemental Interest Capitalized, Supplemental Depreciation, Supplemental Funds From Operations - REIT Amort of Acquisition Costs, Supplemental Amort of Intangibles, Supplemental Rental Expense, Supplemental EPS, Supplemental Advertising Expense, Supplemental Equity in Affiliates, Supplemental Minority Interest, Supplemental Research & Development Exp, Supplemental Audit Fees Audit-Related Fees Tax Fees All Other Fees Reported Recurring Revenue Reported Net Premiums Written Reported Total Revenue Reported Operating Revenue Reported Total Cost of Revenue Reported Total Sales, General & Admin. Reported Gross Profit Reported Operating Profit Reported Operating Profit Margin Reported Ordinary Profit Reported Net Income After Tax Reported Basic EPS Reported Diluted EPS Reported Net Business Profits

-----------0.300 36.600 0.100 11.700 24.900 23.400 0.170 0.170 -----57.900 -32.900 --11.600 ---0.200 (1.500) --------------------

-----------564.800 83.000 197.680 185.780 (102.780) (106.280) (0.770) (0.770) -----63.100 -32.800 --13.300 ----(3.500) --------------------

-----------(27.700) 75.000 (11.840) 32.060 42.940 41.540 0.300 0.300 -----63.700 -33.900 --14.000 ---0.300 (1.400) --------------------

-----------1.400 56.300 0.230 9.230 47.070 45.370 0.320 0.320 -----64.700 -35.400 --15.900 ---0.500 (1.700) --------------------

-----------1.000 45.100 0.310 13.810 31.290 29.890 0.210 0.210 -----67.300 -34.500 --13.600 ---0.400 (1.400) --------------------

Balance Sheet (Differentiates) Interim - Standardised in Millions of US Dollar Fiscal Period: Period End Date: Update Type: Update Date: Source Source Date: Complete Statement: Cash Cash & Equivalents Short Term Investments Cash and Short Term Investments Accounts Receivable - Trade, Gross Provision for Doubtful Accounts Accounts Receivable - Trade, Net Notes Receivable - Short Term Receivables - Other Total Receivables, Net Inventories - Finished Goods Inventories - Work In Progress Inventories - Raw Materials Inventories - Other LIFO Reserve Total Inventory Prepaid Expenses Restricted Cash - Current Deferred Income Tax - Current Asset Discountinued Operations - Current Asset Other Current Assets Other Current Assets, Total Total Current Assets Buildings - Gross Land/Improvements - Gross Machinery/Equipment - Gross Construction in Progress - Gross Leases - Gross Natural Resources - Gross Other Property/Plant/Equipment - Gross Property/Plant/Equipment, Total - Gross Accumulated Depreciation, Total Property/Plant/Equipment, Total - Net Goodwill - Gross Accumulated Goodwill Amortization Goodwill, Net Intangibles - Gross Accumulated Intangible Amortization Intangibles, Net LT Investment - Affiliate Companies LT Investments - Other Long Term Investments Note Receivable - Long Term Deferred Charges

2009 Q1 2008 Q4 2008 Q3 2008 Q2 2008 Q1 3/31/2009 12/31/2008 9/30/2008 6/30/2008 3/31/2008 Update Reclassified Update Update Update 3/31/2009 3/31/2009 9/30/2008 6/30/2008 3/31/2008 10-Q 10-Q 10-Q 10-Q 10-Q 4/30/2009 4/30/2009 10/30/2008 8/1/2008 5/2/2008 Complete Complete Complete Complete Complete -----163.300 61.800 101.700 86.200 100.000 -----163.300 61.800 101.700 86.200 100.000 681.200 797.800 827.700 835.700 826.400 (20.000) (23.800) (20.400) (23.800) (20.700) 661.200 774.000 807.300 811.900 805.700 ----------661.200 774.000 807.300 811.900 805.700 275.800 301.600 338.100 328.800 292.800 -----89.800 110.200 109.900 107.400 86.700 ----------365.600 411.800 448.000 436.200 379.500 135.700 140.100 101.400 100.900 106.100 -------------------------1,325.800 1,387.700 1,458.400 1,435.200 1,391.300 ---------------------------------------------685.500 703.700 736.800 771.900 768.000 ----------1,696.100 1,700.100 2,337.600 2,488.200 2,503.100 ----------1,067.000 1,076.400 1,094.800 1,122.200 1,112.500 --------------------------

Pension Benefits - Overfunded Defered Income Tax - Long Term Asset Discontinued Operations - LT Asset Restricted Cash - Long Term Other Long Term Assets Other Long Term Assets, Total Total Assets Accounts Payable Payable/Accrued Accrued Expenses Notes Payable/Short Term Debt Current Port. of LT Debt/Capital Leases Dividends Payable Customer Advances Security Deposits Income Taxes Payable Other Payables Deferred Income Tax - Current Liability Discontinued Operations - Curr Liability Other Current Liabilities Other Current liabilities, Total Total Current Liabilities Long Term Debt Capital Lease Obligations Total Long Term Debt Total Debt Deferred Income Tax - LT Liability Deferred Income Tax Minority Interest Reserves Pension Benefits - Underfunded Other Long Term Liabilities Discontinued Operations - Liabilities Other Liabilities, Total Total Liabilities Redeemable Preferred Stock Redeemable Convertible Preferred Stock Redeemable Preferred Stock, Total Preferred Stock - Non Redeemable Convertible Preferred Stock - Non Rdmbl Treasury Stock - Preferred General Partner Preferred Stock - Non Redeemable, Net Common Stock Limited Partner Common Stock, Total Additional Paid-In Capital Retained Earnings (Accumulated Deficit) Treasury Stock - Common ESOP Debt Guarantee Unrealized Gain (Loss) Translation Adjustment Other Equity Minimum Pension Liability Adjustment

----174.400 174.400 4,948.800 257.600 --74.700 0 -------316.500 316.500 648.800 3,115.600 -3,115.600 3,190.300 273.500 273.500 17.800 -319.100 199.500 -518.600 4,574.300 --0 -----1.400 -1.400 767.100 (251.700) (211.300) ------

----174.100 174.100 5,042.000 299.200 --93.800 0 -------341.900 341.900 734.900 3,129.600 -3,129.600 3,223.400 258.800 258.800 19.400 -322.200 183.800 -506.000 4,648.700 --------1.400 -1.400 764.500 (268.800) (211.300) ------

----207.100 207.100 5,834.700 347.600 --85.300 0 -------347.000 347.000 779.900 3,194.800 -3,194.800 3,280.100 309.500 309.500 18.300 -259.700 223.300 -483.000 4,785.500 --------1.400 -1.400 763.600 215.600 (206.500) ------

----215.800 215.800 6,033.300 357.900 --90.800 0 -------300.500 300.500 749.200 3,241.900 -3,241.900 3,332.700 268.300 268.300 19.000 -322.600 220.200 -542.800 4,821.200 --------1.400 -1.400 761.200 163.100 (138.400) ------

----241.900 241.900 6,016.800 329.300 --82.500 0 -------305.700 305.700 717.500 3,252.400 -3,252.400 3,334.900 309.000 309.000 17.800 -319.600 228.800 -548.400 4,845.100 --------1.400 -1.400 758.700 124.400 (124.200) ------

Other Comprehensive Income Other Equity, Total Total Equity Total Liabilities & Shareholders' Equity Shares Outs - Common Stock Primary Issue Shares Outstanding - Common Issue 2 Shares Outstanding - Common Issue 3 Shares Outstanding - Common Issue 4 Total Common Shares Outstanding Treas Shares - Common Stock Prmry Issue Treasury Shares - Common Issue 2 Treasury Shares - Common Issue 3 Treasury Shares - Common Issue 4 Shares Outstanding - Preferred Issue 1 Shares Outstanding - Preferred Issue 2 Shares Outstanding - Preferred Issue 3 Shares Outstanding - Preferred Issue 4 Shares Outstanding - Preferred Issue 5 Shares Outstanding - Preferred Issue 6 Total Preferred Shares Outstanding Treasury Shares - Preferred Issue 1 Treasury Shares - Preferred Issue 2 Treasury Shares - Preferred Issue 3 Treasury Shares - Preferred Issue 4 Treasury Shares - Preferred Issue 5 Treasury Shares - Preferred Issue 6 Full-Time Employees Part-Time Employees Number of Common Shareholders Accumulated Goodwill Amortization Suppl. Accumulated Intangible Amort, Suppl. Deferred Revenue - Current Deferred Revenue - Long Term Total Risk-Weighted Capital Tier 1 Capital % Total Capital % Trading Account Credit Exposure Non-Performing Loans Assets under Management Reported Total Assets Reported Total Liabilities Shareholders' Equity Excl. Stock Subscr. Reported Shareholder's Equity Reported Net Assets Reported Net Assets to Total Assets Reported Return on Assets Reported Return on Equity

69.000 107.500 275.100 424.800 411.400 69.000 107.500 275.100 424.800 411.400 374.500 393.300 1,049.200 1,212.100 1,171.700 4,948.800 5,042.000 5,834.700 6,033.300 6,016.800 138.150 137.230 137.590 140.790 141.210 ---------------138.150 137.230 137.590 140.790 141.210 9.540 9.540 9.170 5.980 5.340 -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Cash Flow (Indirect) - Interim - Standardised in Millions of US Dollar [+] Add Item Fiscal Period: Period End Date: Period Length: Update Type: Update Date:

2009 Q1 2008 Q4 3/31/2009 12/31/2008 3 Months 12 Months Update Update 3/31/2009 12/31/2008

2008 Q3 9/30/2008 9 Months Update 9/30/2008

2008 Q2 2008 Q1 6/30/2008 3/31/2008 6 Months 3 Months Update Reclassified 6/30/2008 3/31/2009

Source Source Date: Complete Statement: Net Income/Starting Line Depreciation Depreciation/Depletion Amortization of Intangibles Amortization of Acquisition Costs Amortization Deferred Taxes Accounting Change Discontinued Operations Extraordinary Item Unusual Items Purchased R&D Equity in Net Earnings (Loss) Other Non-Cash Items Non-Cash Items Accounts Receivable Inventories Prepaid Expenses Other Assets Accounts Payable Accrued Expenses Payable/Accrued Taxes Payable Other Liabilities Other Assets & Liabilities, Net Other Operating Cash Flow Changes in Working Capital Cash from Operating Activities Purchase of Fixed Assets Purchase/Acquisition of Intangibles Software Development Costs Capital Expenditures Acquisition of Business Sale of Business Sale of Fixed Assets Sale/Maturity of Investment Investment, Net Purchase of Investments Sale of Intangible Assets Intangible, Net Other Investing Cash Flow Other Investing Cash Flow Items, Total Cash from Investing Activities Other Financing Cash Flow Financing Cash Flow Items Cash Dividends Paid - Common Cash Dividends Paid - Preferred Total Cash Dividends Paid Sale/Issuance of Common Repurchase/Retirement of Common Common Stock, Net

10-Q 4/30/2009 Complete 24.700 32.900 32.900 11.600 -11.600 -------16.700 16.700 ---------80.800 -80.800 166.700 (18.800) --(18.800) (23.700) -------0.400 (23.300) (42.100) (0.100) (0.100) (4.800) -(4.800) -0.000 0.000

10-K 10-Q 2/25/2009 10/30/2008 Complete Complete (342.600) 130.800 136.600 103.800 136.600 103.800 56.800 43.500 --56.800 43.500 --------506.100 (38.100) ----20.400 25.500 526.500 (12.600) ------------------(94.200) (64.200) --(94.200) (64.200) 283.100 201.300 (133.100) (99.800) ----(133.100) (99.800) (21.700) -74.100 74.100 ------------(14.700) (23.800) 37.700 50.300 (95.400) (49.500) (7.300) (5.200) (7.300) (5.200) (19.700) (14.800) --(19.700) (14.800) --(103.300) (95.000) (103.300) (95.000)

10-Q 8/1/2008 Complete 73.400 69.900 69.900 29.500 -29.500 -------25.500 25.500 ---------(64.600) -(64.600) 133.700 (61.900) --(61.900) --------(14.000) (14.000) (75.900) (3.900) (3.900) (9.900) -(9.900) -(21.700) (21.700)

10-Q 4/30/2009 Complete 30.600 34.500 34.500 13.600 -13.600 -------22.000 22.000 ---------(30.100) -(30.100) 70.600 (26.400) --(26.400) (2.500) -------(3.100) (5.600) (32.000) (3.000) (3.000) (4.900) -(4.900) -(7.600) (7.600)

Sale/Issuance of Preferred Repurchase/Retirement of Preferred Preferred Stock, Net Sale/Issuance of Common/Preferred Repurch./Retirement of Common/Preferred Options Exercised Warrants Converted Treasury Stock Issuance (Retirement) of Stock, Net Short Term Debt Issued Short Term Debt Reduction Short Term Debt, Net Long Term Debt Issued Long Term Debt Reduction Long Term Debt, Net Total Debt Issued Total Debt Reduction Issuance (Retirement) of Debt, Net Cash from Financing Activities Foreign Exchange Effects Net Change in Cash Net Cash - Beginning Balance Net Cash - Ending Balance Cash Interest Paid Cash Taxes Paid Reported Cash from Operating Activities Reported Cash from Investing Activities Reported Cash from Financing Activities

ROE ROA ROIC

Short-term Debt Long-Term Debt Preferred Stock Equity Common Stock Equity Invested Capital $ Revenue / $ Invested Capital LTM EBITDA

--------0.000 --(22.300) 5.000 -5.000 --(17.300) (22.200) (0.900) 101.500 61.800 163.300 ------

--------(103.300) --(65.800) 34.000 (70.800) (36.800) --(102.600) (232.900) (12.900) (58.100) 119.900 61.800 213.700 84.500 ----

--------(95.000) --(68.700) 16.000 (0.700) 15.300 --(53.400) (168.400) (1.600) (18.200) 119.900 101.700 ------

--------(21.700) --(61.200) 3.100 (0.700) 2.400 --(58.800) (94.300) 2.800 (33.700) 119.900 86.200 ------

--------(7.600) --(56.000) 10.500 -10.500 --(45.500) (61.000) 2.500 (19.900) 119.900 100.000 ------

2009 Q1

2008 Q4

2008 Q3

2008 Q2

2008 Q1

(29.8%) (5.8%) 7.0%

(30.6%) (5.7%) 7.6%

15.2% 2.7% 6.5%

13.9% 2.4% 7.0%

14.9% 2.5% 7.3%

$74.7 3,115.6 -374.5 $3,564.8

$93.8 3,129.6 -393.3 $3,616.7

$85.3 3,194.8 -1,049.2 $4,329.3

$90.8 3,241.9 -1,212.1 $4,544.8

$82.5 3,252.4 -1,171.7 $4,506.6

$1.14

$1.16

$0.97

$0.90

$0.89

$559.6

DuPont ROE Analysis Net Income Revenue Profit Margin

($349) 4,081 (8.5%)

($343) 4,212 (8.1%)

$162 4,216 3.8%

$141 4,098 3.4%

$139 4,003 3.5%

Revenue Total Assets Asset Utilization

$4,081 4,949 0.8x

$4,212 5,042 0.8x

$4,216 5,835 0.7x

$4,098 6,033 0.7x

$4,003 6,017 0.7x

Return on Assets

(7.0%)

(6.8%)

2.8%

2.3%

2.3%

Total Assets Beginning Common Equity Leverage

4,949 1,172 4.2x

5,042 1,118 4.5x

5,835 1,065 5.5x

6,033 1,016 5.9x

6,017 930 6.5x

Return on Equity

(29.8%)

(30.6%)

15.2%

13.9%

14.9%

Gross Profit SG&A R&D D&A Taxes NOPAT

$1,776 $1,216 $0 $190 $53 $317

$1,832 $1,248 $0 $193 $55 $336

$1,848 $1,285 $0 $199 $83 $281

$1,823 $1,262 $0 $199 $63 $298

$1,786 $1,223 $0 $196 $68 $299

ST debt LT debt Equity Invested Capital

$75 $3,116 $375 $3,565

$94 $3,130 $393 $3,617

$85 $3,195 $1,049 $4,329

$91 $3,242 $1,212 $4,545

$83 $3,252 $1,172 $4,507

7.0%

7.6%

6.5%

7.0%

7.3%

OCF Capex FCF

$379 ($126) $254

$283 ($133) $150

$329 ($144) $185

$386 ($129) $258

$336 ($120) $216

Net Income

($349)

($343)

$162

$141

$139

(72.8%)

(43.8%)

114.5%

182.6%

156.0%

ROIC

FCF Conversion (FCF/NI)

2007 Q4 12/31/2007 3 Months Reclassified 12/31/2008 10-K 2/25/2009 Complete 1,034.100 ---1,034.100 ---1,034.100 566.800 -566.800 467.300 325.900 --325.900 0 -15.900 -15.900 ---------5.800 ----5.800 -----

2007 Q3 9/30/2007 9 Months Reclassified 12/31/2008 10-K 2/25/2009 Complete 2,878.400 ---2,878.400 ---2,878.400 1,591.100 -1,591.100 1,287.300 875.100 --875.100 0 -46.200 -46.200 ---------9.500 -0.000 -0.000 9.500 -----

2007 Q2 2007 Q1 2006 Q4 2006 Q3 2006 Q2 2006 Q1 2005 Q4 6/30/2007 3/31/2007 12/31/2006 9/30/2006 6/30/2006 3/31/2006 12/31/2005 3 Months 3 Months 3 Months 3 Months 3 Months 3 Months 3 Months Update Reclassified Reclassified Reclassified Reclassified Reclassified Reclassified 6/30/2007 3/31/2008 12/31/2007 9/30/2007 6/30/2007 3/31/2007 3/31/2006 10-Q 10-Q 10-K 10-Q 10-Q 10-Q 10-Q 8/9/2007 5/2/2008 2/28/2008 10/30/2007 8/9/2007 5/9/2007 5/10/2006 Complete Complete Complete Complete Complete Complete Complete 970.900 909.300 946.800 915.400 891.000 849.400 863.600 ---------------------970.900 909.300 946.800 915.400 891.000 849.400 863.600 ---------------------970.900 909.300 946.800 915.400 891.000 849.400 863.600 536.700 504.400 511.600 506.200 499.500 475.000 481.200 -------536.700 504.400 511.600 506.200 499.500 475.000 481.200 434.200 404.900 435.200 409.200 391.500 374.400 382.400 293.000 287.500 285.800 273.600 266.800 271.500 256.400 --------------293.000 287.500 285.800 273.600 266.800 271.500 256.400 0 0 0 0 0 0 0 -------15.400 15.200 17.700 17.600 17.500 17.300 20.200 -------15.400 15.200 17.700 17.600 17.500 17.300 20.200 --------------------------------------------------------------0.000 2.300 0.000 0.900 3.000 1.800 3.800 4.300 ----------------------------2.300 0.000 0.900 3.000 1.800 3.800 4.300 -----------------------------

------914.400 2,521.900 119.700 356.500 (68.400) (205.600) --(68.400) (205.600) 1.900 7.200 --1.900 7.200 --(66.500) (198.400) --------(2.600) (2.200) (2.600) (2.200) 50.600 155.900 16.900 52.400 33.700 103.500 (2.600) (5.600) ----31.100 97.900 ----------31.100 97.900 ------------31.100 97.900 31.100 97.900 141.200 145.200 0.220 0.670 0.220 0.670 0.000 0.000 31.100 97.900 144.200 149.200 0.220 0.660 0.220 0.660 0.040 0.110 -----------

---847.400 123.500 (68.200) -(68.200) 1.900 1.200 3.100 -(65.100) ----(1.200) (1.200) 57.200 13.700 43.500 (1.700) --41.800 -----41.800 ------41.800 41.800 144.400 0.290 0.290 0.000 41.800 148.000 0.280 0.280 0.040 ------

---807.100 102.200 (68.300) -(68.300) 2.600 -2.600 -(65.700) ----(0.300) (0.300) 36.200 14.700 21.500 (1.900) --19.600 -----19.600 ------19.600 19.600 143.600 0.140 0.140 0.000 19.600 148.000 0.130 0.130 0.040 ------

---816.000 130.800 (68.700) -(68.700) 2.700 -2.700 -(66.000) ----(3.800) (3.800) 61.000 20.400 40.600 (2.700) --37.900 -----37.900 ------37.900 37.900 143.000 0.270 0.270 0.000 37.900 147.000 0.260 0.260 0.000 ------

---800.400 115.000 (68.900) -(68.900) 2.400 -2.400 -(66.500) ----0.100 0.100 48.600 16.200 32.400 (1.700) --30.700 -----30.700 ------30.700 30.700 143.000 0.210 0.210 -30.700 146.600 0.210 0.210 0.000 ------

---785.600 105.400 (68.100) -(68.100) 2.300 -2.300 -(65.800) ----(1.900) (1.900) 37.700 14.400 23.300 (1.800) --21.500 -----21.500 ------21.500 21.500 142.900 0.150 0.150 -21.500 146.600 0.150 0.150 0.000 ------

---767.600 81.800 (66.300) -(66.300) 1.700 -1.700 -(64.600) ----1.200 1.200 18.400 7.900 10.500 (1.700) --8.800 -----8.800 ------8.800 8.800 142.800 0.060 0.060 0.000 8.800 146.600 0.060 0.060 0.000 ------

---762.100 101.500 (65.300) -(65.300) 2.200 -2.200 -(63.100) ----6.700 6.700 45.100 18.600 26.500 (1.300) --25.200 -----25.200 ------25.200 25.200 141.800 0.180 0.180 0.000 25.200 146.600 0.170 0.170 0.000 ------

-----------5.800 56.400 1.940 18.840 37.560 34.960 0.250 0.240 -----68.400 -35.300 --15.900 ----(2.600) --------------------

-----------9.500 165.400 3.190 55.590 109.810 104.210 0.720 0.700 -----205.600 -97.000 --46.200 ----(5.600) --------------------

-----------2.300 59.500 0.550 14.250 45.250 43.550 0.300 0.290 -----68.200 -32.200 --15.400 ---0.500 (1.700) --------------------

-----------0.000 36.200 0.000 14.700 21.500 19.600 0.140 0.130 -----68.300 -31.800 --15.200 ----(1.900) --------------------

--0.000 --------0.900 61.900 0.300 20.700 41.200 38.500 0.270 0.260 -----68.700 -33.500 --17.700 ----(2.700) --------------------

--0.000 --------3.000 51.600 1.000 17.200 34.400 32.700 0.230 0.220 -----68.900 -32.800 --17.600 ----(1.700) --------------------

--0.000 --------1.800 39.500 0.690 15.090 24.410 22.610 0.160 0.150 -----68.100 -32.300 --17.500 ----(1.800) --------------------

--0.000 --------3.800 22.200 1.630 9.530 12.670 10.970 0.080 0.070 -----66.300 -32.400 --17.300 ----(1.700) --------------------

--0.000 --------4.300 49.400 1.770 20.370 29.030 27.730 0.200 0.190 -----65.300 -33.300 --20.200 ----(1.300) 0.000 -------------------

2007 Q4 2007 Q3 2007 Q2 2007 Q1 2006 Q4 2006 Q3 2006 Q2 2006 Q1 12/31/2007 9/30/2007 6/30/2007 3/31/2007 12/31/2006 9/30/2006 6/30/2006 3/31/2006 Update Update Update Update Update Update Update Update 12/31/2007 9/30/2007 6/30/2007 3/31/2007 12/31/2006 9/30/2006 6/30/2006 3/31/2006 10-K 10-Q 10-Q 10-Q 10-K 10-Q 10-Q 10-Q 2/28/2008 11/8/2007 8/9/2007 5/9/2007 3/1/2007 11/2/2006 8/9/2006 5/10/2006 Complete Complete Complete Complete Complete Complete Complete Complete --------119.900 117.900 68.600 41.600 37.300 42.900 31.600 42.800 --------119.900 117.900 68.600 41.600 37.300 42.900 31.600 42.800 825.100 813.000 773.700 712.800 714.300 685.600 659.300 641.500 (19.500) (20.500) (19.300) (20.400) (19.000) (20.300) (19.500) (19.600) 805.600 792.500 754.400 692.400 695.300 665.300 639.800 621.900 ----------------805.600 792.500 754.400 692.400 695.300 665.300 639.800 621.900 268.900 289.000 278.400 284.100 264.500 261.700 268.000 272.400 --------81.500 82.900 82.400 75.000 76.200 76.800 75.500 76.500 ----------------350.400 371.900 360.800 359.100 340.700 338.500 343.500 348.900 112.600 91.200 90.700 80.600 65.100 63.600 65.200 54.600 ------------29.000 -----------------------29.000 ---1,388.500 1,373.500 1,274.500 1,173.700 1,167.400 1,110.300 1,080.100 1,068.200 ------------------------------------------------------------------------762.300 744.100 740.800 737.100 743.400 733.100 746.700 742.700 ----------------2,459.800 2,397.600 2,349.700 2,312.300 2,299.900 2,257.300 2,257.800 2,213.300 ------- 1,432.500 -------(231.700) -1,121.400 1,134.200 1,144.900 1,156.800 1,169.500 1,183.200 1,200.800 1,212.600 ------------------------37.700 ---60.000 ---34.200 ---44.300 ----

2005 Q4 12/31/2005 Reclassified 12/31/2006 10-K 3/1/2007 Complete -30.800 -30.800 638.900 (16.600) 622.300 --622.300 242.600 -70.600 --313.200 62.000 -21.100 --21.100 1,049.400 ---------755.300 --2,196.700 --1,227.500 ---73.200 55.000

----174.700 208.900 5,978.600 316.400 -285.700 130.400 0 ---36.800 ----36.800 769.300 3,193.700 -3,193.700 3,324.100 327.500 327.500 21.200 -314.400 234.700 -549.100 4,860.800 --------1.400 -1.400 749.700 100.700 (108.000) ------

----241.800 241.800 5,891.200 296.300 --91.200 0 -------318.800 318.800 706.300 3,185.800 -3,185.800 3,277.000 273.100 273.100 15.000 -389.400 257.100 -646.500 4,826.700 --------1.400 -1.400 748.700 74.400 (37.000) ------

----248.200 248.200 5,758.100 286.500 --93.300 0 -------252.200 252.200 632.000 3,153.600 -3,153.600 3,246.900 280.800 280.800 11.800 -411.300 253.100 -664.400 4,742.600 --------1.400 -1.400 742.300 43.000 -------

----260.500 260.500 5,640.400 286.400 --150.400 0 -------275.200 275.200 712.000 3,022.700 -3,022.700 3,173.100 285.100 285.100 12.800 -422.600 255.200 -677.800 4,710.400 --------1.400 -1.400 741.400 6.200 -------

----172.000 216.300 5,656.500 288.200 --150.200 0 ---34.700 ---246.300 281.000 719.400 3,038.600 -3,038.600 3,188.800 314.300 314.300 12.600 -430.700 250.000 -680.700 4,765.600 --------1.400 -1.400 740.900 (16.200) 0.000 ------

----309.100 309.100 5,593.000 271.000 --141.700 0 -------280.200 280.200 692.900 3,060.000 -3,060.000 3,201.700 334.700 334.700 14.100 -393.500 279.800 -673.300 4,775.000 --------1.400 -1.400 740.500 (54.100) -------

----321.100 321.100 5,606.500 272.300 --135.100 0 -------219.600 219.600 627.000 3,175.800 -3,175.800 3,310.900 337.400 337.400 14.000 -385.100 283.400 -668.500 4,822.700 --------1.400 -1.400 739.500 (84.800) -------

----323.500 323.500 5,560.300 280.100 --35.600 0 -------244.400 244.400 560.100 3,222.300 -3,222.300 3,257.900 333.100 333.100 12.200 -413.500 284.400 -697.900 4,825.600 --------1.400 -1.400 739.300 (106.300) -------

----195.300 250.300 5,552.400 285.400 --22.600 0 ---31.900 ---203.300 235.200 543.200 3,244.200 -3,244.200 3,266.800 353.000 353.000 11.200 -416.400 278.900 -695.300 4,846.900 --------1.400 -1.400 739.100 (115.100) -------

374.000 277.000 228.800 181.000 164.800 130.200 127.700 100.300 80.100 374.000 277.000 228.800 181.000 164.800 130.200 127.700 100.300 80.100 1,117.800 1,064.500 1,015.500 930.000 890.900 818.000 783.800 734.700 705.500 5,978.600 5,891.200 5,758.100 5,640.400 5,656.500 5,593.000 5,606.500 5,560.300 5,552.400 139.790 144.360 144.360 144.360 143.060 143.040 143.010 142.820 142.740 ---------------------------139.790 144.360 144.360 144.360 143.060 143.040 143.010 142.820 142.740 4.590 1.500 --0.000 ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------346.300 --15.200 270.800 -231.700 210.700 192.300 ---------------------------------------------------------------------------------------------------------------------------------------------------------2007 Q4 12/31/2007 12 Months Update 12/31/2007

2007 Q3 9/30/2007 9 Months Update 9/30/2007

2007 Q2 6/30/2007 6 Months Update 6/30/2007

2007 Q1 2006 Q4 3/31/2007 12/31/2006 3 Months 12 Months Update Update 3/31/2007 12/31/2006

2006 Q3 9/30/2006 9 Months Update 9/30/2006

2006 Q2 6/30/2006 6 Months Update 6/30/2006

2006 Q1 2005 Q4 3/31/2006 12/31/2005 3 Months 12 Months Update Update 3/31/2006 12/31/2005

10-K 2/28/2008 Complete 129.000 132.300 132.300 62.100 -62.100 ----0.000 --51.000 51.000 ---------(51.000) -(51.000) 323.400 (114.600) --(114.600) (28.300) 0.000 ------1.200 (27.100) (141.700) (5.900) (5.900) (15.100) -(15.100) -(108.000) (108.000)

10-Q 11/8/2007 Complete 97.900 97.000 97.000 46.200 -46.200 ----0.000 --22.300 22.300 ---------(68.100) -(68.100) 195.300 (70.300) --(70.300) -0.000 ------(2.600) (2.600) (72.900) (4.000) (4.000) (10.100) -(10.100) -(37.000) (37.000)

10-Q 8/9/2007 Complete 61.400 64.000 64.000 30.600 -30.600 -------11.900 11.900 ---------(97.200) -(97.200) 70.700 (47.600) --(47.600) --------(1.000) (1.000) (48.600) (4.100) (4.100) (5.000) -(5.000) -0.000 0.000

10-Q 5/9/2007 Complete 19.600 31.800 31.800 15.200 -15.200 -------12.500 12.500 ---------(21.200) -(21.200) 57.900 (21.100) --(21.100) --------0.600 0.600 (20.500) (1.900) (1.900) 0.000 -0.000 -0.000 0.000

10-K 3/1/2007 Complete 98.900 131.000 131.000 70.100 -70.100 ----0.000 0.000 -36.700 36.700 ---------(51.900) -(51.900) 284.800 (93.400) --(93.400) (6.400) 0.000 ------0.200 (6.200) (99.600) (4.800) (4.800) 0.000 -0.000 0.000 0.000 0.000

10-Q 11/2/2006 Complete 61.000 97.500 97.500 52.400 -52.400 -------11.800 11.800 ---------(19.800) -(19.800) 202.900 (59.600) --(59.600) --------2.000 2.000 (57.600) (3.400) (3.400) 0.000 -0.000 -0.000 0.000

10-Q 8/9/2006 Complete 30.300 64.700 64.700 34.800 -34.800 -------(14.400) (14.400) ---------(53.800) -(53.800) 61.600 (37.500) --(37.500) --------(4.200) (4.200) (41.700) (2.200) (2.200) 0.000 -0.000 ----

10-Q 5/10/2006 Complete 8.800 32.400 32.400 17.300 -17.300 -------4.100 4.100 ---------(3.800) -(3.800) 58.800 (14.600) --(14.600) --------(0.300) (0.300) (14.900) (0.800) (0.800) -------

10-K 3/2/2006 Complete 47.800 133.300 133.300 81.600 -81.600 -----0.000 -47.900 47.900 ---------(110.700) -(110.700) 199.900 (74.600) --(74.600) --------(1.300) (1.300) (75.900) (7.300) (7.300) -------

--------(108.000) --13.600 50.200 (40.100) 10.100 --23.700 (105.300) 6.200 82.600 37.300 119.900 227.800 81.400 ----

--------(37.000) --(20.800) 50.200 (24.100) 26.100 --5.300 (45.800) 4.000 80.600 37.300 117.900 ------

--------0.000 --(8.300) 48.800 (24.000) 24.800 --16.500 7.400 1.800 31.300 37.300 68.600 ------

--------0.000 --(7.500) 0.000 (24.000) (24.000) --(31.500) (33.400) 0.300 4.300 37.300 41.600 ------

--------0.000 --30.800 0.000 (205.600) (205.600) --(174.800) (179.600) 0.900 6.500 30.800 37.300 226.300 88.600 ----

--------0.000 --29.300 0.000 (159.500) (159.500) --(130.200) (133.600) 0.400 12.100 30.800 42.900 ------

-----------28.100 0.000 (45.500) (45.500) --(17.400) (19.600) 0.500 0.800 30.800 31.600 ------

-----------10.300 3.300 (45.100) (41.800) --(31.500) (32.300) 0.400 12.000 30.800 42.800 ------

-----------2.900 24.300 (145.800) (121.500) --(118.600) (125.900) (0.600) (2.500) 33.300 30.800 217.600 80.400 ----

2007 Q4

2007 Q3

2007 Q2

2007 Q1

2006 Q4

2006 Q3

2006 Q2

2006 Q1

2005 Q4

14.5% 2.3% 7.1%

16.6% 2.4% 7.3%

16.6% 2.3% 6.9%

14.9% 2.0% 6.6%

14.0% 1.8% 6.4%

12.5% 1.5% 5.8%

10.9% 1.3% 5.2%

6.5% 0.8% 4.7%

6.7% 0.8% 4.6%

$130.4 3,193.7 -1,117.8 $4,441.9

$91.2 3,185.8 -1,064.5 $4,341.5

$93.3 3,153.6 -1,015.5 $4,262.4

$150.4 3,022.7 -930.0 $4,103.1

$150.2 3,038.6 -890.9 $4,079.7

$141.7 3,060.0 -818.0 $4,019.7

$135.1 3,175.8 -783.8 $4,094.7

$35.6 3,222.3 -734.7 $3,992.6

$22.6 3,244.2 -705.5 $3,972.3

$0.88

$0.88

$0.88

$0.89

$0.88

$0.88

$0.84

$0.85

$0.83

$129 3,913 3.3%

$136 3,825 3.6%

$130 3,742 3.5%

$110 3,663 3.0%

$99 3,603 2.7%

$86 3,519 2.4%

$73 3,439 2.1%

$46 3,384 1.3%

$48 3,312 1.4%

$3,913 5,979 0.7x

$3,825 5,891 0.6x

$3,742 5,758 0.6x

$3,663 5,640 0.6x

$3,603 5,657 0.6x

$3,519 5,593 0.6x

$3,439 5,607 0.6x

$3,384 5,560 0.6x

$3,312 5,552 0.6x

2.2%

2.3%

2.3%

1.9%

1.7%

1.5%

1.3%

0.8%

0.9%

5,979 891 6.7x

5,891 818 7.2x

5,758 784 7.3x

5,640 735 7.7x

5,657 706 8.0x

5,593 692 8.1x

5,607 671 8.4x

5,560 701 7.9x

5,552 710 7.8x

14.5%

16.6%

16.6%

14.9%

14.0%

12.5%

10.9%

6.5%

6.7%

$1,755 $1,201 $0 $194 $69 $290

$1,723 $1,161 $0 $194 $73 $294

$1,684 $1,140 $0 $196 $65 $282

$1,641 $1,114 $0 $198 $66 $263

$1,610 $1,098 $0 $201 $59 $253

$1,558 $1,068 $0 $203 $57 $229

$1,525 $1,047 $0 $207 $59 $213

$1,490 $1,043 $0 $211 $42 $194

$1,480 $1,030 $0 $215 $43 $192

$130 $3,194 $1,118 $4,442

$91 $3,186 $1,065 $4,342

$93 $3,154 $1,016 $4,262

$150 $3,023 $930 $4,103

$150 $3,039 $891 $4,080

$142 $3,060 $818 $4,020

$135 $3,176 $784 $4,095

$36 $3,222 $735 $3,993

$23 $3,244 $706 $3,972

7.1%

7.3%

6.9%

6.6%

6.4%

5.8%

5.2%

4.7%

4.6%

$323 ($115) $209

$277 ($104) $173

$294 ($104) $190

$284 ($100) $184

$285 ($93) $191

$231 ($89) $142

$232 ($87) $145

$243 ($77) $166

$200 ($75) $125

$129

$136

$130

$110

$99

$86

$73

$46

$48

161.9%

127.5%

146.5%

167.7%

193.5%

164.5%

364.3%

262.1%

198.5%

2005 Q3 2005 Q2 2005 Q1 2004 Q4 2004 Q3 9/30/2005 6/30/2005 3/31/2005 12/31/2004 9/30/2004 3 Months 3 Months 3 Months 3 Months 3 Months Reclassified Reclassified Reclassified Reclassified Reclassified 3/31/2006 3/31/2006 3/31/2006 12/31/2005 9/30/2005 10-Q 10-Q 10-Q 10-K 10-Q 5/10/2006 5/10/2006 5/10/2006 3/2/2006 11/14/2005 Complete Complete Complete Complete Complete 834.900 836.300 777.600 805.400 774.200 ---------------834.900 836.300 777.600 805.400 774.200 ---------------834.900 836.300 777.600 805.400 774.200 457.900 480.300 412.800 430.500 401.300 -----457.900 480.300 412.800 430.500 401.300 377.000 356.000 364.800 374.900 372.900 252.300 262.900 258.100 269.100 255.200 ----------252.300 262.900 258.100 269.100 255.200 0 0 0 0 0 -----20.300 20.500 20.600 23.300 23.900 -----20.300 20.500 20.600 23.300 23.900 -----------------------------------------0.000 -0.000 0.000 3.500 17.000 0.800 1.700 0.000 --------0.000 0.000 ----------3.500 17.000 0.800 1.700 0.000 ---------------------

2004 Q2 6/30/2004 3 Months Reclassified 6/30/2005 10-Q 8/15/2005 Complete 740.400 ---740.400 ---740.400 372.200 -372.200 368.200 261.600 --261.600 0 -24.900 -24.900 --------0.000 0.000 ----0.000 -----

---734.000 100.900 (65.800) -(65.800) 2.100 -2.100 -(63.700) ----(0.100) (0.100) 37.100 18.100 19.000 (1.600) --17.400 -----17.400 ------17.400 17.400 141.700 0.120 0.120 0.000 17.400 146.600 0.120 0.120 0.000 ------

---780.700 55.600 (64.800) -(64.800) 2.000 -2.000 -(62.800) ----(0.100) (0.100) (7.300) (3.100) (4.200) (1.600) --(5.800) -----(5.800) ------(5.800) (5.800) 141.700 (0.040) (0.040) 0.000 (5.800) 141.700 (0.040) (0.040) 0.000 ------

---692.300 85.300 (62.100) -(62.100) 2.100 -2.100 -(60.000) ----(3.400) (3.400) 21.900 9.700 12.200 (1.200) --11.000 -----11.000 ------11.000 11.000 141.700 0.080 0.080 0.000 11.000 146.600 0.080 0.080 0.000 ------

---724.600 80.800 (63.100) -(63.100) 2.500 -2.500 -(60.600) ----(50.500) (50.500) (30.300) (16.000) (14.300) (2.200) --(16.500) -----(16.500) ------(16.500) (16.500) 118.900 (0.140) (0.140) 0.000 (16.500) 118.900 (0.140) (0.140) 0.000 ------

---680.400 93.800 (64.000) -(64.000) 2.300 -2.300 -(61.700) ----(1.200) (1.200) 30.900 27.200 3.700 (1.700) --2.000 -----2.000 ------2.000 2.000 90.600 0.020 0.020 0.000 2.000 90.600 0.020 0.020 0.000 ------

---658.700 81.700 (62.700) -(62.700) 2.700 -2.700 -(60.000) ----(1.800) (1.800) 19.900 16.600 3.300 (0.900) --2.400 -----2.400 ------2.400 2.400 90.600 0.030 0.030 0.000 2.400 90.600 0.030 0.030 0.000 ------

--0.000 --------3.500 40.600 1.710 19.810 20.790 19.190 0.140 0.130 -----65.800 -33.300 --20.300 ----(1.600) --------------------

--0.000 --------17.000 9.700 5.950 2.850 6.850 5.250 0.040 0.040 -----64.800 -33.500 --20.500 ----(1.600) 0.000 -------------------

--0.000 --------0.800 22.700 0.350 10.050 12.650 11.450 0.080 0.080 -----62.100 -33.200 --20.600 ----(1.200) 0.000 -------------------

--0.000 --------1.700 (28.600) 0.600 (15.410) (13.200) (15.400) (0.130) (0.130) -----63.100 -33.600 --23.300 ----(2.200) 0.000 -------------------

--0.000 --------0.000 30.900 0.000 27.200 3.700 2.000 0.020 0.020 -----64.000 -23.800 --23.900 ----(1.700) 0.000 -------------------

--0.000 --------0.000 19.900 0.000 16.600 3.300 2.400 0.030 0.030 -----62.700 -28.200 --24.900 ----(0.900) 0.000 -------------------

2005 Q3 2005 Q2 2005 Q1 2004 Q4 2004 Q3 2004 Q2 9/30/2005 6/30/2005 3/31/2005 12/31/2004 9/30/2004 6/30/2004 Update Update Update Update Update Update 9/30/2005 6/30/2005 3/31/2005 12/31/2004 9/30/2004 6/30/2004 10-Q 10-Q 10-Q 10-K 10-Q PROSPECTUS 11/14/2005 8/15/2005 5/12/2005 3/24/2005 11/19/2004 11/1/2004 Complete Complete Complete Complete Complete Complete ------46.700 39.400 34.500 33.300 63.100 98.900 ------46.700 39.400 34.500 33.300 63.100 98.900 618.800 624.400 610.100 615.300 547.100 520.200 (20.100) (19.700) (22.600) (21.100) (23.900) (21.900) 598.700 604.700 587.500 594.200 523.200 498.300 ------------598.700 604.700 587.500 594.200 523.200 498.300 239.000 227.600 273.700 245.400 226.000 222.700 ------70.900 73.300 78.800 68.100 59.900 55.400 ------------309.900 300.900 352.500 313.500 285.900 278.100 89.900 75.100 75.500 90.100 60.600 93.200 ------------------------------1,045.200 1,020.100 1,050.000 1,031.100 932.800 968.500 ------------------------------------------------------763.200 779.400 815.900 847.300 815.800 831.500 ------------2,220.800 2,287.200 2,336.100 2,368.300 2,359.100 2,305.500 ------------1,252.200 1,270.400 1,297.900 1,323.600 1,333.900 1,353.500 -------------------------------

----346.900 346.900 5,628.300 266.000 --18.500 0 -------267.600 267.600 552.100 3,266.300 -3,266.300 3,284.800 392.200 392.200 12.600 -417.400 296.200 -713.600 4,936.800 --------1.400 -1.400 739.100 (140.300) ---91.200 ---

----352.400 352.400 5,709.500 231.500 --21.200 0 -------232.000 232.000 484.700 3,373.500 -3,373.500 3,394.700 455.200 455.200 12.600 -415.600 297.400 -713.000 5,039.000 --------1.400 -1.400 739.000 (157.700) ---87.300 ---

----357.200 357.200 5,857.100 260.400 --25.400 0 -------266.400 266.400 552.200 3,401.600 -3,401.600 3,427.000 475.300 475.300 11.900 -418.900 296.400 -715.300 5,156.300 --------1.400 -1.400 738.800 (151.900) ---112.200 ---

----363.600 363.600 5,933.900 261.900 --17.700 0 -------311.700 311.700 591.300 3,424.800 -3,424.800 3,442.500 484.800 484.800 14.100 -411.700 296.800 -708.500 5,223.500 --------1.400 -1.400 738.800 (162.900) ---133.300 ---

----386.500 386.500 5,828.100 223.300 --13.700 0 -------321.700 321.700 558.700 3,503.500 -3,503.500 3,517.200 560.800 560.800 12.900 -395.600 305.800 -701.400 5,337.300 -----------------490.800 --

----395.800 395.800 5,854.800 187.700 --17.500 0 -------292.700 292.700 497.900 3,616.500 -3,616.500 3,634.000 588.200 588.200 12.300 -391.600 303.300 -694.900 5,409.800 -----------------445.000 --

0.100 0.500 0.300 (0.200) -91.300 87.800 112.500 133.100 490.800 691.500 670.500 700.800 710.400 490.800 5,628.300 5,709.500 5,857.100 5,933.900 5,828.100 141.660 141.660 141.660 141.660 141.660 ---------------141.660 141.660 141.660 141.660 141.660 ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------2005 Q3 9/30/2005 9 Months Update 9/30/2005

2005 Q2 6/30/2005 6 Months Update 6/30/2005

2005 Q1 2004 Q4 3/31/2005 12/31/2004 3 Months 12 Months Update Update 3/31/2005 12/31/2004

2004 Q3 9/30/2004 9 Months Update 9/30/2004

-445.000 445.000 5,854.800 141.290 ---141.290 ---------------------------------------2004 Q2 6/30/2004 6 Months Update 6/30/2004

10-Q 11/14/2005 Complete 22.600 100.000 100.000 61.400 -61.400 -----0.000 -43.200 43.200 ---------(55.100) -(55.100) 172.100 (45.300) --(45.300) --------(2.300) (2.300) (47.600) (5.600) (5.600) 0.000 -0.000 ----

10-Q 8/15/2005 Complete 5.200 66.700 66.700 41.100 -41.100 -----0.000 -22.600 22.600 ---------(105.900) -(105.900) 29.700 (25.000) --(25.000) --------(3.200) (3.200) (28.200) (4.400) (4.400) 0.000 -0.000 ----

10-Q 5/12/2005 Complete 11.000 33.200 33.200 20.600 -20.600 -----0.000 -20.700 20.700 ---------(69.800) -(69.800) 15.700 (12.300) --(12.300) --------(3.600) (3.600) (15.900) (4.000) (4.000) 0.000 -0.000 ----

10-K 10-Q PROSPECTUS 3/24/2005 11/19/2004 11/1/2004 Complete Complete Complete (138.800) (122.300) (124.300) 114.300 80.700 56.900 114.300 80.700 56.900 96.300 73.000 49.100 ---96.300 73.000 49.100 ------------0.000 0.000 0.000 122.300 122.300 122.300 ---73.300 57.500 23.700 195.600 179.800 146.000 ---------------------------(29.900) 44.900 (2.300) ---(29.900) 44.900 (2.300) 237.500 256.100 125.400 (91.800) (57.700) (34.900) ------(91.800) (57.700) (34.900) (2.300) 0.000 0.000 ---------------------21.900 20.200 25.200 19.600 20.200 25.200 (72.200) (37.500) (9.700) (998.900) (1.900) 7.800 (998.900) (1.900) 7.800 0.000 (437.600) (446.900) ---0.000 (437.600) (446.900) 720.500 -----720.500 ---

-----------1.700 24.100 (130.800) (106.700) --(105.000) (110.600) (0.500) 13.400 33.300 46.700 ------

-----------4.400 24.100 (18.200) 5.900 --10.300 5.900 (1.300) 6.100 33.300 39.400 ------

-----------7.900 0.100 (2.100) (2.000) --5.900 1.900 (0.500) 1.200 33.300 34.500 ------

--------720.500 --(34.800) 719.700 (639.300) 80.400 --45.600 (232.800) 0.800 (66.700) 100.000 33.300 206.300 92.300 ----

-----------(38.100) 542.900 (318.600) 224.300 --186.200 (253.300) (2.200) (36.900) 100.000 63.100 ------

-----------(33.500) 542.900 (184.000) 358.900 --325.400 (113.700) (3.100) (1.100) 100.000 98.900 ------

2005 Q3

2005 Q2

2005 Q1

2004 Q4

2004 Q3

2004 Q2

1.2% 0.1% 5.1%

(2.1%) (0.2%) 4.7%

$18.5 3,266.3 -691.5 $3,976.3

$21.2 3,373.5 -670.5 $4,065.2

$25.4 3,401.6 -700.8 $4,127.8

$17.7 3,424.8 -710.4 $4,152.9

$13.7 3,503.5 -490.8 $4,008.0

$17.5 3,616.5 -445.0 $4,079.0

$0.82

$0.79

$6 3,254 0.2%

($9) 3,194 (0.3%)

$3,254 5,628 0.6x

$3,194 5,710 0.6x

0.1%

(0.2%)

5,628 491 11.5x

5,710 445 12.8x

1.2%

(2.1%)

$1,473 $1,042 $0 $218 $9 $203

$1,469 $1,045 $0 $212 $18 $193

$19 $3,266 $692 $3,976

$21 $3,374 $671 $4,065

5.1%

4.7%

$154 ($79) $74

$142 ($82) $60

$6

($9)

1214.8%

(644.1%)

$25 $3,402 $701 $4,128

$18 $3,425 $710 $4,153

$14 $3,504 $491 $4,008

$18 $3,617 $445 $4,079

All Financial Reports

Roper Industries Inc Income Statement - Annual Standardised in Millions of US Dollar Fiscal Period: 2008 2007 2006 2005 2004 Period End Date: 12/31/2008 12/31/2007 12/31/2006 12/31/2005 12/31/2004 Period Length: 12 Months 12 Months 12 Months 12 Months 12 Months Update Type: Update Update Update Update Update Update Date: 12/31/2008 12/31/2007 12/31/2006 12/31/2005 12/31/2004 Source 10-K 10-K 10-K 10-K 10-K Source Date: 3/2/2009 2/29/2008 3/1/2007 3/16/2006 3/16/2005 Complete Statement: Complete Complete Complete Complete Complete Auditor Code: PWCL PWCL PWCL PWCL PWCL Net Sales 2,306.370 2,102.050 1,700.730 1,453.730 969.760 Gross Revenue -----Sales Returns and Allowances -----Excise Tax Receipts -----Revenue 2,306.370 2,102.050 1,700.730 1,453.730 969.760 Interest Income, Non-Bank -----Other Revenue -----Other Revenue, Total -----Total Revenue 2,306.370 2,102.050 1,700.730 1,453.730 969.760 Cost of Revenue 1,118.080 1,043.650 839.410 727.320 484.720 Excise Taxes Payments -----Cost of Revenue, Total 1,118.080 1,043.650 839.410 727.320 484.720 Gross Profit 1,188.290 1,058.400 861.330 726.410 485.050 Selling/General/Administrative Expense 702.130 620.040 523.670 461.510 313.740 Labor & Related Expense -----Advertising Expense -----Selling/General/Admin. Expenses, Total 702.130 620.040 523.670 461.510 313.740 Research & Development 0 0 0 0 0 Depreciation -----Amortization of Intangibles -----Amortization of Acquisition Costs -----Depreciation/Amortization -----Interest Expense - Operating -----Interest Capitalized - Operating -----Interest Expense, Net - Operating -----Interest Income - Operating -----Investment Income - Operating -----Interest/Investment Income - Operating -----Interest Expense(Income) - Net Operating -----Interest Exp.(Inc.),Net-Operating, Total -----Purchased R&D Written-Off -----Restructuring Charge -----Litigation -----Impairment-Assets Held for Use -----Impairment-Assets Held for Sale -----Other Unusual Expense (Income) 3.130 0.000 0.000 3.930 8.170 Unusual Expense (Income) 3.130 0.000 0.000 3.930 8.170 Foreign Currency Adjustment -----Unrealized Losses (Gains) -----Minimum Pension Liability Adjustment ------

Loss(Gain) on Sale of Assets - Operating Other Operating Expense Other, Net Other Operating Expenses, Total Total Operating Expense Operating Income Interest Expense - Non-Operating Interest Capitalized - Non-Operating Interest Expense, Net Non-Operating Interest Income - Non-Operating Investment Income - Non-Operating Interest/Invest Income - Non-Operating Interest Income(Exp), Net Non-Operating Interest Inc.(Exp.),Net-Non-Op., Total Gain (Loss) on Sale of Assets Foreign Currency Adjustment Unrealized Gains (Losses) Minimum Pension Liability Adjustment Other Non-Operating Income (Expense) Other, Net Net Income Before Taxes Provision for Income Taxes Net Income After Taxes Minority Interest Equity In Affiliates U.S. GAAP Adjustment Net Income Before Extra. Items Accounting Change Discontinued Operations Extraordinary Item Tax on Extraordinary Items Total Extraordinary Items Net Income Preferred Dividends General Partners' Distributions Miscellaneous Earnings Adjustment Pro Forma Adjustment Interest Adjustment - Primary EPS Total Adjustments to Net Income Income Available to Com Excl ExtraOrd Income Available to Com Incl ExtraOrd Basic Weighted Average Shares Basic EPS Excluding Extraordinary Items Basic EPS Including Extraordinary Items Dilution Adjustment Diluted Net Income Diluted Weighted Average Shares Diluted EPS Excluding ExtraOrd Items Diluted EPS Including ExtraOrd Items DPS - Common Stock Primary Issue Dividends per Share - Com Stock Issue 2 Dividends per Share - Com Stock Issue 3 Dividends per Share - Com Stock Issue 4 Special DPS - Common Stock Primary Issue

----------------1,823.340 1,663.700 1,363.080 1,192.760 483.030 438.350 337.650 260.970 (53.680) (52.200) (44.800) (43.390) ----(53.680) (52.200) (44.800) (43.390) ----------------(53.680) (52.200) (44.800) (43.390) ----------------6.610 (2.500) 0.020 2.990 6.610 (2.500) 0.020 2.990 435.960 383.660 292.870 220.570 149.440 133.620 99.550 67.390 286.520 250.030 193.320 153.180 ------------286.520 250.030 193.320 153.180 -------0.000 -----------0.000 286.520 250.030 193.320 153.180 ------------------------286.520 250.030 193.320 153.180 286.520 250.030 193.320 153.180 89.470 88.390 86.840 85.500 3.200 2.830 2.230 1.790 3.200 2.830 2.230 1.790 --0.000 0.000 286.520 250.030 193.320 153.180 93.700 93.230 90.880 87.880 3.060 2.680 2.130 1.740 3.060 2.680 2.130 1.740 0.300 0.270 0.240 0.220 -----------------

----806.630 163.130 (28.850) -(28.850) ----(28.850) ----(0.570) (0.570) 133.720 39.860 93.850 ---93.850 0.000 0.000 --0.000 93.850 ------93.850 93.850 74.440 1.260 1.260 0.000 93.850 75.660 1.240 1.240 0.200 -----

Special DPS - Common Stock Issue 2 Special DPS - Common Stock Issue 3 Special DPS - Common Stock Issue 4 Gross Dividends - Common Stock (Gain) Loss on Sale of Assets, Suppl. Impairment-Assets Held for Sale, Suppl. Impairment-Assets Held for Use, Suppl. Litigation Charge, Supplemental Purchased R&D Written-Off, Supplemental Restructuring Charge, Supplemental Other Unusual Expense(Income), Suppl. Non-Recurring Items, Supplemental, Total Total Special Items Normalized Income Before Taxes Effect of Special Items on Income Taxes Inc Tax Ex Impact of Sp Items Normalized Income After Taxes Normalized Inc. Avail to Com. Basic Normalized EPS Diluted Normalized EPS Pro Forma Stock Compensation Expense Net Income after Stock Based Comp. Exp. Basic EPS after Stock Based Comp. Exp. Diluted EPS after Stock Based Comp. Exp. Stock-Based Compensation, Supplemental Interest Expense, Supplemental Interest Capitalized, Supplemental Depreciation, Supplemental Funds From Operations - REIT Amort of Acquisition Costs, Supplemental Amort of Intangibles, Supplemental Rental Expense, Supplemental EPS, Supplemental Advertising Expense, Supplemental Equity in Affiliates, Supplemental Minority Interest, Supplemental Research & Development Exp, Supplemental Audit Fees Audit-Related Fees Tax Fees All Other Fees Reported Recurring Revenue Reported Net Premiums Written Reported Total Revenue Reported Operating Revenue Reported Total Cost of Revenue Reported Total Sales, General & Admin. Reported Gross Profit Reported Operating Profit Reported Operating Profit Margin Reported Ordinary Profit Reported Net Income After Tax Reported Basic EPS Reported Diluted EPS

---26.880 --------3.130 439.090 1.070 150.510 288.570 288.570 3.230 3.080 ----30.910 53.680 -33.900 --64.020 24.800 ----87.400 3.380 0.550 0.100 0.000 ------1,188.290 486.160 ------

---23.700 --------0.000 383.660 0.000 133.620 250.030 250.030 2.830 2.680 ----20.690 52.200 -31.810 --55.650 25.400 ----67.900 3.360 0.640 0.240 0.000 ------1,058.400 438.350 ------

---21.030 --------0.000 292.870 0.000 99.550 193.320 193.320 2.230 2.130 ----15.420 44.800 -29.940 --46.760 21.800 ----58.600 4.150 0.990 0.200 0.000 --------------

---18.760 --------3.930 224.500 1.200 68.590 155.910 155.910 1.820 1.770 7.920 145.260 1.700 1.650 -43.390 -28.410 --35.710 17.600 ----53.500 3.950 0.480 0.030 0.000 --------------

---15.180 --------8.170 141.880 2.440 42.300 99.580 99.580 1.340 1.320 8.190 85.660 1.150 1.130 -28.850 -18.620 --18.440 15.200 ----38.700 3.680 0.340 0.000 0.000 --------------

Reported Net Business Profits

--

--

--

--

--

Balance Sheet (Differentiates) Annual - Standardised in Millions of US Dollar Fiscal Period: 2008 2007 2006 2005 2004 Period End Date: 12/31/2008 12/31/2007 12/31/2006 12/31/2005 12/31/2004 Update Type: Update Update Update Update Update Update Date: 12/31/2008 12/31/2007 12/31/2006 12/31/2005 12/31/2004 Source 10-K 10-K 10-K 10-K 10-K Source Date: 3/2/2009 2/29/2008 3/1/2007 3/16/2006 3/16/2005 Complete Statement: Complete Complete Complete Complete Complete Auditor Code: PWCL PWCL PWCL PWCL PWCL Cash -----Cash & Equivalents 178.070 308.770 69.480 53.120 129.420 Short Term Investments -----Cash and Short Term Investments 178.070 308.770 69.480 53.120 129.420 Accounts Receivable - Trade, Gross 389.510 371.720 333.520 265.840 249.850 Provision for Doubtful Accounts (12.660) (11.910) (9.000) (8.630) (7.840) Accounts Receivable - Trade, Net 376.860 359.810 324.510 257.210 242.010 Notes Receivable - Short Term -----Receivables - Other 61.170 60.220 29.250 --Total Receivables, Net 438.020 420.030 353.760 257.210 242.010 Inventories - Finished Goods 68.510 60.700 53.920 50.260 50.130 Inventories - Work In Progress 26.910 28.500 27.620 26.070 24.850 Inventories - Raw Materials 120.600 113.330 114.130 80.930 84.230 Inventories - Other (30.110) (28.390) (27.350) (25.420) (26.930) LIFO Reserve -----Total Inventory 185.920 174.140 168.320 131.840 132.280 Prepaid Expenses -----Restricted Cash - Current -----Deferred Income Tax - Current Asset 29.390 27.800 17.910 19.150 20.490 Discountinued Operations - Current Asset -----Other Current Assets 26.910 20.410 18.030 36.900 31.960 Other Current Assets, Total 56.300 48.210 35.940 56.040 52.450 Total Current Assets 858.310 951.140 627.500 498.210 556.160 Buildings - Gross 59.820 52.800 47.490 40.550 37.460 Land/Improvements - Gross 2.950 2.940 2.910 2.920 3.600 Machinery/Equipment - Gross 229.490 207.910 185.660 162.500 146.620 Construction in Progress - Gross -----Leases - Gross -----Natural Resources - Gross -----Other Property/Plant/Equipment - Gross -----Property/Plant/Equipment, Total - Gross 292.250 263.640 236.060 205.970 187.670 Accumulated Depreciation, Total (179.790) (156.120) (129.060) (108.510) (89.730) Property/Plant/Equipment, Total - Net 112.460 107.510 107.000 97.460 97.950 Goodwill - Gross -----Accumulated Goodwill Amortization -----Goodwill, Net 2,118.850 1,706.080 1,651.210 1,353.710 1,144.040 Intangibles - Gross 1,037.170 785.460 658.510 568.950 519.050 Accumulated Intangible Amortization (233.150) (171.960) (114.370) (67.590) (31.870) Intangibles, Net 804.020 613.510 544.140 501.370 487.170 LT Investment - Affiliate Companies -----LT Investments - Other -----Long Term Investments ------

Note Receivable - Long Term Deferred Charges Pension Benefits - Overfunded Defered Income Tax - Long Term Asset Discontinued Operations - LT Asset Restricted Cash - Long Term Other Long Term Assets Other Long Term Assets, Total Total Assets Accounts Payable Payable/Accrued Accrued Expenses Notes Payable/Short Term Debt Current Port. of LT Debt/Capital Leases Dividends Payable Customer Advances Security Deposits Income Taxes Payable Other Payables Deferred Income Tax - Current Liability Discontinued Operations - Curr Liability Other Current Liabilities Other Current liabilities, Total Total Current Liabilities Long Term Debt Capital Lease Obligations Total Long Term Debt Total Debt Deferred Income Tax - LT Liability Deferred Income Tax Minority Interest Reserves Pension Benefits - Underfunded Other Long Term Liabilities Discontinued Operations - Liabilities Other Liabilities, Total Total Liabilities Redeemable Preferred Stock Redeemable Convertible Preferred Stock Redeemable Preferred Stock, Total Preferred Stock - Non Redeemable Convertible Preferred Stock - Non Rdmbl Treasury Stock - Preferred General Partner Preferred Stock - Non Redeemable, Net Common Stock Limited Partner Common Stock, Total Additional Paid-In Capital Retained Earnings (Accumulated Deficit) Treasury Stock - Common ESOP Debt Guarantee Unrealized Gain (Loss) Translation Adjustment

---------------28.050 23.850 21.700 25.850 34.210 ----------49.850 51.090 43.820 45.710 46.880 77.900 74.950 65.520 71.560 81.090 3,971.540 3,453.180 2,995.360 2,522.310 2,366.400 121.810 115.810 96.140 71.690 65.800 -----148.750 136.460 133.980 123.820 123.140 0.000 0.000 0.000 0.000 0.000 233.830 331.100 299.910 273.310 36.530 7.400 6.440 5.730 --87.130 41.430 37.780 13.730 14.860 -----1.890 24.120 5.900 14.720 0.000 -----0.000 2.440 1.560 3.070 5.340 -----18.400 9.730 6.660 5.290 7.880 114.830 84.160 57.620 36.800 28.080 619.210 667.530 587.650 505.630 253.550 1,033.690 727.490 726.880 620.960 855.360 -----1,033.690 727.490 726.880 620.960 855.360 1,267.520 1,058.590 1,026.790 894.270 891.890 272.080 221.410 169.990 124.200 125.980 272.080 221.410 169.990 124.200 125.980 ---------------42.830 46.950 24.000 21.730 17.420 -----42.830 46.950 24.000 21.730 17.420 1,967.800 1,663.380 1,508.520 1,272.520 1,252.320 -0.000 0.000 0.000 0.000 ------0.000 0.000 0.000 0.000 -------------------------0.920 0.910 0.900 0.880 0.440 -----0.920 0.910 0.900 0.880 0.440 798.490 757.320 717.750 670.320 650.920 1,204.520 944.890 721.900 549.600 415.190 (21.700) (22.040) (22.380) (22.750) (23.160) ----------21.510 108.730 68.670 51.730 76.250

Other Equity Minimum Pension Liability Adjustment Other Comprehensive Income Other Equity, Total Total Equity Total Liabilities & Shareholders' Equity Shares Outs - Common Stock Primary Issue Shares Outstanding - Common Issue 2 Shares Outstanding - Common Issue 3 Shares Outstanding - Common Issue 4 Total Common Shares Outstanding Treas Shares - Common Stock Prmry Issue Treasury Shares - Common Issue 2 Treasury Shares - Common Issue 3 Treasury Shares - Common Issue 4 Shares Outstanding - Preferred Issue 1 Shares Outstanding - Preferred Issue 2 Shares Outstanding - Preferred Issue 3 Shares Outstanding - Preferred Issue 4 Shares Outstanding - Preferred Issue 5 Shares Outstanding - Preferred Issue 6 Total Preferred Shares Outstanding Treasury Shares - Preferred Issue 1 Treasury Shares - Preferred Issue 2 Treasury Shares - Preferred Issue 3 Treasury Shares - Preferred Issue 4 Treasury Shares - Preferred Issue 5 Treasury Shares - Preferred Issue 6 Full-Time Employees Part-Time Employees Number of Common Shareholders Accumulated Goodwill Amortization Suppl. Accumulated Intangible Amort, Suppl. Deferred Revenue - Current Deferred Revenue - Long Term Total Risk-Weighted Capital Tier 1 Capital % Total Capital % Trading Account Credit Exposure Non-Performing Loans Assets under Management Reported Total Assets Reported Total Liabilities Shareholders' Equity Excl. Stock Subscr. Reported Shareholder's Equity Reported Net Assets Reported Net Assets to Total Assets Reported Return on Assets Reported Return on Equity

--------------(5.540) 21.510 108.730 68.670 51.730 70.710 2,003.740 1,789.810 1,486.840 1,249.790 1,114.090 3,971.540 3,453.180 2,995.360 2,522.310 2,366.400 89.720 88.770 87.780 85.960 42.420 ---------------89.720 88.770 87.780 85.960 42.420 2.190 2.220 2.260 2.290 1.180 --------------------------------------------------------------------------------7,900.000 7,100.000 6,900.000 6,000.000 5,600.000 -----285.000 259.000 225.000 218.000 190.000 -----233.150 171.960 114.370 67.590 31.870 87.130 41.430 37.780 13.730 14.860 ---------------------------------------------------------------------------------

Cash Flow (Indirect) - Annual - Standardised in Millions of US Dollar [+] Add Item Fiscal Period: 2008 2007 2006 2005 2004 Period End Date: 12/31/2008 12/31/2007 12/31/2006 12/31/2005 12/31/2004 Period Length: 12 Months 12 Months 12 Months 12 Months 12 Months

Update Type: Update Update Update Update Update Update Date: 12/31/2008 12/31/2007 12/31/2006 12/31/2005 12/31/2004 Source 10-K 10-K 10-K 10-K 10-K Source Date: 3/2/2009 2/29/2008 3/1/2007 3/16/2006 3/16/2005 Complete Statement: Complete Complete Complete Complete Complete Auditor Code: PWCL PWCL PWCL PWCL PWCL Net Income/Starting Line 286.520 250.030 193.320 153.180 93.850 Depreciation 33.900 31.810 29.940 28.410 18.260 Depreciation/Depletion 33.900 31.810 29.940 28.410 18.260 Amortization of Intangibles 69.210 61.380 52.110 42.910 23.130 Amortization of Acquisition Costs -----Amortization 69.210 61.380 52.110 42.910 23.130 Deferred Taxes -----Accounting Change -----Discontinued Operations -----Extraordinary Item -----Unusual Items -----Purchased R&D -----Equity in Net Earnings (Loss) -----Other Non-Cash Items 30.910 20.690 15.420 4.320 -Non-Cash Items 30.910 20.690 15.420 4.320 -Accounts Receivable 14.610 (21.240) (34.580) (10.530) (18.590) Inventories (9.680) (31.460) (14.440) 9.880 (1.500) Prepaid Expenses -----Other Assets -----Accounts Payable -----Accrued Expenses -----Payable/Accrued 9.210 14.220 32.940 11.240 9.760 Taxes Payable (0.180) 23.840 (4.510) 41.630 30.850 Other Liabilities ---0.000 0.000 Other Assets & Liabilities, Net -----Other Operating Cash Flow (0.050) (5.450) (7.660) 0.260 9.060 Changes in Working Capital 13.910 (20.090) (28.250) 52.480 29.590 Cash from Operating Activities 434.440 343.810 262.540 281.300 164.830 Purchase of Fixed Assets (30.050) (30.110) (32.150) (24.760) (12.140) Purchase/Acquisition of Intangibles -----Software Development Costs -----Capital Expenditures (30.050) (30.110) (32.150) (24.760) (12.140) Acquisition of Business (704.760) (106.940) (352.130) (329.930) (641.150) Sale of Business -----Sale of Fixed Assets -----Sale/Maturity of Investment -----Investment, Net -----Purchase of Investments -----Sale of Intangible Assets -----Intangible, Net -----Other Investing Cash Flow (4.480) (5.340) (2.390) (1.170) (5.110) Other Investing Cash Flow Items, Total (709.250) (112.280) (354.510) (331.110) (646.260) Cash from Investing Activities (739.290) (142.390) (386.670) (355.870) (658.400) Other Financing Cash Flow (4.380) 7.880 10.770 0.000 -Financing Cash Flow Items (4.380) 7.880 10.770 0.000 -Cash Dividends Paid - Common (25.890) (22.950) (20.400) (18.150) (14.200) Cash Dividends Paid - Preferred -----Total Cash Dividends Paid (25.890) (22.950) (20.400) (18.150) (14.200)

Sale/Issuance of Common Repurchase/Retirement of Common Common Stock, Net Sale/Issuance of Preferred Repurchase/Retirement of Preferred Preferred Stock, Net Sale/Issuance of Common/Preferred Repurch./Retirement of Common/Preferred Options Exercised Warrants Converted Treasury Stock Issuance (Retirement) of Stock, Net Short Term Debt Issued Short Term Debt Reduction Short Term Debt, Net Long Term Debt Issued Long Term Debt Reduction Long Term Debt, Net Total Debt Issued Total Debt Reduction Issuance (Retirement) of Debt, Net Cash from Financing Activities Foreign Exchange Effects Net Change in Cash Net Cash - Beginning Balance Net Cash - Ending Balance Cash Interest Paid Cash Taxes Paid Reported Cash from Operating Activities Reported Cash from Investing Activities Reported Cash from Financing Activities

ROE ROA ROIC

Short-term Debt Long-Term Debt Preferred Stock Equity Common Stock Equity Invested Capital $ Revenue / $ Invested Capital

0.000 0 1.890 -----11.040 --12.930 ---850.000 (908.620) 205.260 --205.260 187.920 (13.760) (130.700) 308.770 178.070 39.060 144.260 ----

0.000 0 1.760 -----15.260 --17.030 ---93.100 (65.500) 27.600 --27.600 29.550 8.320 239.290 69.480 308.770 50.160 101.910 ----

0.000 0 1.570 -----20.690 --22.260 ---158.410 (32.750) 125.660 --125.660 138.290 2.200 16.360 53.120 69.480 43.720 93.280 ----

0.000 0 1.100 -----14.590 --15.690 ---40.600 (32.750) 7.850 --7.850 5.380 (7.120) (76.300) 129.420 53.120 38.610 25.760 ----

322.780 0 323.380 -----15.820 --339.210 ---647.830 (424.470) 223.370 --223.370 548.370 4.390 59.190 70.230 129.420 20.350 9.010 ----

2008

2007

2006

2005

2004

16.0% 8.3% 8.2%

16.8% 8.3% 8.4%

15.5% 7.7% 7.3%

13.7% 6.5% 6.3%

14.3% 6.2% 6.9%

$233.8 1,033.7 -2,003.7 $3,271.3

$331.1 727.5 -1,789.8 $2,848.4

$299.9 726.9 -1,486.8 $2,513.6

$273.3 621.0 -1,249.8 $2,144.1

$36.5 855.4 -1,114.1 $2,006.0

$0.71

$0.74

$0.68

$0.68

$0.48

$287 2,306 12.4%

$250 2,102 11.9%

$193 1,701 11.4%

$153 1,454 10.5%

$94 970 9.7%

$2,306 3,972

$2,102 3,453

$1,701 2,995

$1,454 2,522

$970 2,366

DuPont ROE Analysis Net Income Revenue Profit Margin Revenue Total Assets

Asset Utilization

0.6x

0.6x

0.6x

0.6x

0.4x

7.2%

7.2%

6.5%

6.1%

4.0%

Total Assets Beginning Common Equity Leverage

3,972 1,790 2.2x

3,453 1,487 2.3x

2,995 1,250 2.4x

2,522 1,114 2.3x

2,366 656 3.6x

Return on Equity 3-year average 5-year average 10-year average

16.0% 16.1% 15.3% 16.9%

16.8%

15.5%

13.7%

14.3%

Gross Profit SG&A R&D D&A Taxes NOPAT

$1,188 $702 $0 $103 $149 $234

$1,058 $620 $0 $93 $134 $212

$861 $524 $0 $82 $100 $156

$726 $462 $0 $71 $67 $126

$485 $314 $0 $41 $40 $90

ST debt LT debt Equity Invested Capital

$234 $1,034 $2,004 $3,271

$331 $727 $1,790 $2,848

$300 $727 $1,487 $2,514

$273 $621 $1,250 $2,144

$37 $855 $1,114 $2,006

ROIC 3-year average 5-year average 10-year average

8.2% 8.0% 7.4% 8.6%

8.4%

7.3%

6.3%

6.9%

OCF Capex FCF

$434 ($30) $404

$344 ($30) $314

$263 ($32) $230

$281 ($25) $257

$165 ($12) $153

Net Income

$287

$250

$193

$153

$94

141.1% 128.6% 143.2% 137.1%

125.5%

119.2%

167.5%

162.7%

Return on Assets

FCF Conversion (FCF/NI) 3-year average 5-year average 10-year average Assumptions Growth Rate Net Operating Profit Margin Tax Rate Dep % of Revs. Investment Rate % of Revs. Working Cap. % of Revs 10 year average OCF Std. dev of 10 year OCF Beta

2008 9.7% 16.6% 34.3% 4.5% 1.3% 19.1% $202 $134 0.66

3-year 16.8% 16.0% 34.4% 4.6% 1.5% 20.8%

Average 5-year 10- year 29.5% 22.1% 15.0% 14.7% 32.7% 32.5% 4.6% 4.1% 1.5% 1.7% 23.2% 27.4%

2008

2007

2006

2005

2004

$2,306 9.7%

$2,102 23.6%

$1,701 17.0%

$1,454 49.9%

$970 47.5%

Net Income Dividends Retained Earning Retention Rate

$287 $26 $261 91.0%

$250 $23 $227 90.8%

$193 $20 $173 89.4%

$153 $18 $135 88.2%

$94 $14 $80 84.9%

ROE

16.0%

16.8%

15.5%

13.7%

14.3%

Growth (b*ROE)

14.6%

15.3%

13.8%

12.1%

12.1%

Clean Operating Income % of Revenues

$383 16.6%

$345 16.4%

$256 15.0%

$194 13.3%

$130 13.4%

Taxes % of Pre-tax income

$149 34.3%

$134 34.8%

$100 34.0%

$67 30.6%

$40 29.8%

Depreciation % of Revenues

$103 4.5%

$93 4.4%

$82 4.8%

$71 4.9%

$41 4.3%

Capex % of Revenues

($30) 1.3%

($30) 1.4%

($32) 1.9%

($25) 1.7%

($12) 1.3%

$377 186 122 $441 19.1%

$360 174 116 $418 19.9%

$325 168 96 $397 23.3%

$257 132 72 $317 21.8%

$242 132 66 $308 31.8%

Revenue growth

Accounts Receivable Inventories Payables Working Capital % of Revenues

2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 12/31/2003 10/31/2002 10/31/2001 10/31/2000 10/31/1999 10/31/1998 10/31/1997 10/31/1996 10/31/1995 10/31/1994 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months Update Update Restated Restated Update Update Update Update Update Update 12/31/2003 10/31/2002 10/31/2002 10/31/2002 10/31/1999 10/31/1998 10/31/1997 10/31/1996 10/31/1995 10/31/1994 10-K 10-K/A 10-K/A 10-K/A 10-K 10-K 10-K 10-K --3/15/2004 11/3/2003 11/3/2003 11/3/2003 1/27/2000 1/20/1999 1/21/1998 1/9/1997 --Complete Complete Complete Complete Complete Complete Complete Complete Complete Complete PWCL PWCL PWCL PWCL AA KPMG KPMG KPMG --657.360 617.460 562.960 470.000 407.260 389.170 298.240 225.650 175.420 147.680 ------------------------------657.360 617.460 562.960 470.000 407.260 389.170 298.240 225.650 175.420 147.680 ------------------------------657.360 617.460 562.960 470.000 407.260 389.170 298.240 225.650 175.420 147.680 311.220 283.710 258.210 217.480 196.750 198.220 144.850 109.730 81.620 69.300 ----------311.220 283.710 258.210 217.480 196.750 198.220 144.850 109.730 81.620 69.300 346.140 333.760 304.750 252.520 210.500 190.950 153.390 115.920 93.800 78.380 238.040 218.210 203.880 163.860 132.550 124.860 92.520 68.650 56.390 45.450 --------------------238.040 218.210 203.880 163.860 132.550 124.860 92.520 68.650 56.390 45.450 0 0 0 0 0 0 0 0 0 0 --------------------------------------------------------------------------------------------------------------------------------------------------------------------------25.050 ---------25.050 ----------------------------------------

----574.310 83.050 (16.380) -(16.380) ----(16.380) ----(0.370) (0.370) 66.290 18.230 48.060 ---48.060 0.000 (2.820) --(2.820) 45.240 ------48.060 45.240 63.150 0.760 0.720 0.000 45.240 63.980 0.750 0.710 0.180 -----

----501.920 115.550 (18.510) -(18.510) -(4.090) (4.090) -(22.600) ----3.380 3.380 96.330 29.890 66.440 ---66.440 (25.970) (0.420) --(26.390) 40.050 ------66.440 40.050 62.420 1.060 0.640 0.000 40.050 63.630 1.040 0.630 0.170 -----

----462.090 100.870 (15.920) -(15.920) -0.000 0.000 -(15.920) ----3.920 3.920 88.870 31.450 57.420 ---57.420 0.000 (1.580) --(1.580) 55.840 ------57.420 55.840 61.520 0.930 0.910 0.000 55.840 62.990 0.910 0.890 0.150 -----

----381.340 88.660 (13.480) -(13.480) -0.000 0.000 -(13.480) ----1.210 1.210 76.390 26.810 49.580 ---49.580 0.000 (0.300) --(0.300) 49.280 ------49.580 49.280 60.910 0.810 0.810 0.000 49.280 62.360 0.790 0.790 0.140 -----

----329.300 77.960 (7.250) -(7.250) ----(7.250) ----1.580 1.580 72.280 24.940 47.350 ---47.350 -----47.350 ------47.350 47.350 60.540 0.780 0.780 0.000 47.350 61.980 0.760 0.760 0.130 -----

----323.080 66.090 (7.860) -(7.860) ----(7.860) ----1.380 1.380 59.620 20.300 39.320 ---39.320 -----39.320 ------39.320 39.320 62.000 0.630 0.630 0.000 39.320 63.430 0.620 0.620 0.120 -----

----237.370 60.870 (6.050) -(6.050) ----(6.050) ----0.280 0.280 55.100 18.750 36.350 ---36.350 -----36.350 ------36.350 36.350 61.160 0.590 0.590 0.000 36.350 62.920 0.580 0.580 0.100 -----

----178.380 47.270 (3.280) -(3.280) ----(3.280) ----0.250 0.250 44.240 15.380 28.860 ---28.860 -----28.860 0.000 ----0.000 28.860 28.860 60.220 0.480 0.480 0.000 28.860 61.760 0.470 0.470 0.080 -----

----138.010 37.410 (1.950) -(1.950) ----(1.950) ----0.540 0.540 36.000 12.730 23.270 ---23.270 -----23.270 0.000 ----0.000 23.270 23.270 59.500 0.390 0.390 0.000 23.270 60.520 0.380 0.380 0.060 -----

----114.750 32.930 (1.480) -(1.480) ----(1.480) ----0.150 0.150 31.600 10.740 20.860 ---20.860 (0.720) ---(0.720) 20.140 0.000 ----0.000 20.860 20.140 60.060 0.350 0.340 0.000 20.140 60.060 0.350 0.340 0.040 -----

---11.820 --------25.050 91.340 6.890 25.120 66.230 66.230 1.050 1.040 4.880 40.360 0.640 0.630 -16.380 -11.540 --4.230 11.600 ----32.600 0.730 0.860 0.000 0.000 --------------

---10.320 ---------96.330 -29.890 66.440 66.440 1.060 1.040 7.460 32.590 0.520 0.510 -18.510 -11.600 --3.460 10.700 ----29.600 0.600 0.380 0.260 0.000 --------------

---9.230 ---------88.870 -31.450 57.420 57.420 0.930 0.910 4.980 50.860 0.830 0.810 -15.920 -9.840 --1.750 9.300 ----26.000 ------------------

---8.540 ---------76.390 -26.810 49.580 49.580 0.810 0.790 3.890 45.390 0.750 0.730 -13.480 -8.260 --0.830 8.500 ----22.300 ------------------

---7.870 ---------72.280 -24.940 47.350 47.350 0.780 0.760 3.170 44.180 0.730 0.720 -7.250 -6.620 --9.350 -----16.700 ------------------

---7.430 ---------59.620 -20.300 39.320 39.320 0.630 0.620 3.220 36.090 0.580 0.570 -7.860 -6.110 --8.330 -----18.000 ------------------

---5.980 ---------55.100 -18.750 36.350 36.350 0.590 0.580 1.240 35.110 0.580 0.560 -6.050 -5.370 --6.030 -----14.200 ------------------

---4.750 ---------44.240 -15.380 28.860 28.860 0.480 0.470 0.940 27.920 0.460 0.450 -3.280 -4.140 --3.710 1.940 ----8.700 ------------------

---3.350 ---------36.000 -12.730 23.270 23.270 0.390 0.380 -----1.950 -3.250 --2.740 1.400 ----5.900 ------------------

-------------31.600 -10.740 20.860 20.860 0.350 0.350 -----1.480 -3.040 --2.300 1.000 ----4.600 ------------------

--

--

--

--

--

--

--

--

--

--

2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 12/31/2003 10/31/2002 10/31/2001 10/31/2000 10/31/1999 10/31/1998 10/31/1997 10/31/1996 10/31/1995 10/31/1994 Reclassified Update Reclassified Update Update Update Update Reclassified Restated Update 12/31/2004 10/31/2002 10/31/2002 10/31/2000 10/31/1999 10/31/1998 10/31/1997 10/31/1997 10/31/1996 10/31/1994 10-K 10-K/A 10-K/A 10-K 10-K 10-K 10-K 10-K 10-K -3/16/2005 11/3/2003 11/3/2003 1/26/2001 1/27/2000 1/20/1999 1/21/1998 1/21/1998 1/9/1997 -Complete Complete Complete Complete Complete Complete Complete Complete Complete Complete PWCL PWCL PWCL AA AA KPMG KPMG KPMG KPMG -----------70.230 12.420 16.420 11.370 13.490 9.350 0.650 0.420 2.320 2.020 ----------70.230 12.420 16.420 11.370 13.490 9.350 0.650 0.420 2.320 2.020 155.350 141.930 120.580 119.490 92.910 83.910 80.620 51.650 39.840 -(4.500) (3.640) (4.070) (4.290) (3.760) (6.920) (1.870) (0.990) (0.990) -150.860 138.290 116.510 115.190 89.150 77.000 78.750 50.660 38.850 32.440 ----------0.000 --------0.000 150.860 138.290 116.510 115.190 89.150 77.000 78.750 50.660 38.850 32.440 42.840 32.070 30.760 24.190 15.720 14.890 12.400 7.550 6.580 -17.160 11.560 12.680 16.700 14.560 10.700 13.720 5.910 6.220 -71.960 45.840 47.420 44.490 27.810 27.460 25.730 19.230 12.050 -(24.880) (1.150) (1.320) (1.760) (1.690) (1.600) (1.640) (1.550) (1.520) -----------107.080 88.310 89.540 83.630 56.400 51.440 50.200 31.130 23.330 17.450 --------------------33.310 -------------------19.710 9.800 17.380 3.770 2.770 2.060 2.290 2.300 1.270 1.290 53.020 9.800 17.380 3.770 2.770 2.060 2.290 2.300 1.270 1.290 381.190 248.830 239.850 213.960 161.820 139.850 131.890 84.510 65.780 53.210 33.220 25.640 24.960 21.260 20.600 14.680 14.030 7.890 7.580 6.840 3.050 2.370 2.940 2.280 1.520 1.350 1.150 1.170 1.170 1.070 117.770 92.650 82.220 78.290 58.710 53.580 47.820 41.580 36.830 34.070 ----------------------------------------154.050 120.660 110.120 101.830 80.840 69.610 63.000 50.650 45.580 41.970 (75.590) (69.570) (58.580) (52.920) (46.040) (37.700) (31.610) (26.690) (24.830) (22.510) 78.460 51.090 51.540 48.910 34.800 31.910 31.400 23.960 20.750 19.470 --------------------711.160 459.230 415.660 -------311.400 43.690 --------(12.730) (6.660) --------298.670 37.030 31.100 323.200 215.020 197.180 154.260 127.670 68.230 48.850 -------------------------------

---6.030 --39.480 45.520 1,515.000 45.410 -90.410 0.000 20.920 -3.120 -0.000 -1.640 -0.000 4.750 161.500 630.190 -630.190 651.110 50.190 50.190 ---17.340 -17.340 859.210 0.000 -0.000 -----0.370 -0.370 293.400 336.520 (23.500) --48.990

------32.790 32.790 828.970 35.250 -65.150 0.000 20.520 ---7.620 ---1.700 9.320 130.240 311.590 -311.590 332.110 -----11.130 -11.130 452.960 0.000 -0.000 -----0.330 -0.330 89.150 305.000 (24.400) --5.940

------23.970 23.970 762.120 33.000 -59.520 0.000 3.010 ---5.620 ---2.740 8.360 103.880 323.830 -323.830 326.840 -----10.910 -10.910 438.620 0.000 -0.000 -----0.320 -0.320 80.510 275.260 (24.830) --(7.760)

------10.850 10.850 596.900 26.490 -48.300 0.000 6.710 ---3.000 ----3.000 84.490 234.600 -234.600 241.310 -----7.620 -7.620 326.710 0.000 -0.000 -----0.320 -0.320 75.120 228.650 (24.980) --(8.910)

------8.530 8.530 420.160 18.460 -31.440 0.000 20.860 ---1.490 ----1.490 72.240 109.660 -109.660 130.520 -----6.290 -6.290 188.200 0.000 -0.000 -----0.320 -0.320 71.080 187.910 (25.170) --(2.170)

------12.600 12.600 381.530 21.050 -29.920 0.000 5.750 ---0.860 ----0.860 57.580 120.310 -120.310 126.060 -----6.620 -6.620 184.500 0.000 -0.000 -----0.310 -0.310 67.150 148.440 (17.950) --(0.910)

------11.780 11.780 329.320 15.650 -25.230 0.000 2.490 ---1.560 ----1.560 44.940 99.640 -99.640 102.130 -----6.880 -6.880 151.450 0.000 -0.000 -----0.310 -0.310 61.950 116.550 0.000 --(0.940)

------6.810 6.810 242.950 11.000 -17.970 0.000 6.810 ---3.720 ----3.720 39.510 63.370 -63.370 70.190 -----2.680 -2.680 105.560 0.000 -0.000 -----0.300 -0.300 50.740 86.170 ---0.180

------0.630 0.630 155.380 7.690 -14.410 0.000 0.640 ---4.960 ----4.960 27.700 20.150 -20.150 20.790 -----1.940 -1.940 49.790 0.000 -0.000 -----0.150 -0.150 42.740 62.070 ---0.640

------0.460 0.460 121.980 7.250 -0.000 0.000 0.520 ---13.030 ----13.030 20.810 16.680 -16.680 17.210 0.000 0.000 ---1.630 -1.630 39.120 0.000 -0.000 -----0.150 -0.150 40.200 42.150 0.000 --0.370

------------------------48.990 5.940 (7.760) (8.910) (2.170) (0.910) (0.940) 0.180 655.780 376.010 323.510 270.190 231.970 197.030 177.870 137.400 1,515.000 828.970 762.120 596.900 420.160 381.530 329.320 242.950 72.080 62.730 61.760 61.200 60.560 60.690 61.840 60.650 ------------------------72.080 62.730 61.760 61.200 60.560 60.690 61.840 60.650 2.370 2.460 2.500 2.520 2.540 1.930 ----------------------------------------------------------------------------------------------------------------------------------3,700.000 3,100.000 2,950.000 2,600.000 2,200.000 2,100.000 2,000.000 1,322.000 --------194.000 203.000 215.000 241.000 273.000 306.000 306.000 218.000 --------12.730 6.660 -45.500 32.320 22.950 14.400 8.590 3.120 ----------------------------------------------------------------------------------------------------------------------------------------

---0.640 105.600 155.380 59.750 ---59.750 ---------------------4.840 ------------------

---0.370 82.860 121.980 59.210 ---59.210 ----------------------------------------

2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 12/31/2003 10/31/2002 10/31/2001 10/31/2000 10/31/1999 10/31/1998 10/31/1997 10/31/1996 10/31/1995 10/31/1994 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months

Update Update Restated Restated Update Update Update Update Update Update 12/31/2003 10/31/2002 10/31/2002 10/31/2002 10/31/1999 10/31/1998 10/31/1997 10/31/1996 10/31/1995 10/31/1994 10-K 10-K/A 10-K/A 10-K/A 10-K 10-K 10-K 10-K --3/15/2004 11/3/2003 11/3/2003 11/3/2003 1/27/2000 1/20/1999 1/21/1998 1/9/1997 --Complete Complete Complete Complete Complete Complete Complete Complete Complete Complete PWCL PWCL PWCL PWCL AA KPMG KPMG KPMG --45.240 40.050 55.840 49.280 47.350 39.320 36.350 28.860 23.270 20.140 11.540 11.600 9.840 8.260 6.620 6.110 5.370 4.140 3.250 3.040 11.540 11.600 9.840 8.260 6.620 6.110 5.370 4.140 3.250 3.040 4.840 3.730 16.870 13.080 9.350 8.330 6.030 3.710 2.740 2.300 ----------4.840 3.730 16.870 13.080 9.350 8.330 6.030 3.710 2.740 2.300 -------0.420 (0.300) (0.730) -------0.000 0.000 0.720 --------------------0.000 25.970 0.000 0.000 ---0.020 0.040 0.090 ---------------------------0.120 0.620 1.040 0.000 25.970 0.000 0.000 ---0.140 0.650 1.860 (16.190) 5.500 7.030 (13.160) (10.620) 10.080 (10.880) (7.470) (5.550) (10.470) 5.300 10.560 4.470 (7.640) 3.780 5.620 2.300 (0.470) (2.830) (1.520) ---------0.000 --------------(7.560) 7.120 (2.360) 4.820 3.690 1.070 ----------4.220 (4.410) 7.630 16.210 ------(1.870) 6.720 1.730 0.790 4.110 (1.000) (1.590) (1.910) 1.500 (1.900) 15.280 (11.710) (8.450) 0.000 ----------------2.940 (1.260) 7.500 0.980 (0.200) 0.610 0.170 0.850 (0.190) 0.470 9.680 5.400 19.890 (2.820) (10.490) 22.420 (12.350) (4.180) (3.400) (12.350) 71.290 86.760 102.440 67.800 52.830 76.170 35.400 33.090 26.220 14.260 (10.420) (7.740) (7.430) (14.940) (5.150) (5.500) (4.980) (5.010) (3.190) (4.080) --------------------(10.420) (7.740) (7.430) (14.940) (5.150) (5.500) (4.980) (5.010) (3.190) (4.080) (492.510) (82.810) (170.180) (161.550) (36.340) (62.680) (55.310) (74.880) (24.190) (10.360) ----------------------------------------------------------------------(4.660) (1.870) 0.910 (1.530) 0.170 (0.250) (0.160) 0.010 0.020 0.130 (497.170) (84.680) (169.270) (163.080) (36.180) (62.930) (55.470) (74.870) (24.170) (10.220) (507.600) (92.420) (176.710) (178.010) (41.320) (68.430) (60.460) (79.880) (27.360) (14.300) --0.000 0.000 (1.670) (0.200) (0.120) (0.870) 0.530 (1.700) --0.000 0.000 (1.670) (0.200) (0.120) (0.870) 0.530 (1.700) (11.740) (10.320) (9.230) (8.540) (7.870) (7.430) (5.980) (4.750) (3.350) (2.070) ----------(11.740) (10.320) (9.230) (8.540) (7.870) (7.430) (5.980) (4.750) (3.350) (2.070)

191.560 0 191.790 -----9.130 --200.920 ---940.830 (641.990) 298.840 --298.840 488.020 3.250 54.960 15.270 70.230 17.830 24.190 ----

--0.970 -----7.870 --8.840 ---76.620 (74.360) 2.260 --2.260 0.780 0.890 (4.000) 16.420 12.420 18.700 22.940 ----

--0.260 -----4.530 --4.790 ---146.130 (62.820) 83.310 --83.310 78.870 0.240 4.840 11.580 16.420 16.100 28.880 ----

--0.270 -----3.950 --4.220 ---321.940 (208.010) 113.930 --113.930 109.620 (1.150) (1.740) 13.320 11.580 9.020 25.870 ----

--(5.550) -----3.940 --(1.610) ---45.930 (41.870) 4.060 --4.060 (7.090) (0.280) 4.140 9.350 13.490 7.470 20.830 ----

--(17.950) -----3.260 --(14.690) ---60.900 (37.520) 23.370 --23.370 1.060 (0.100) 8.700 0.650 9.350 6.870 19.910 ----

--0.000 -----1.760 --1.760 ---94.850 (65.180) 29.670 --29.670 25.330 (0.050) 0.230 0.420 0.650 7.410 20.210 ----

--0.000 -----1.100 --1.100 ---101.460 (51.980) 49.480 --49.480 44.960 (0.060) (1.900) 2.320 0.420 2.050 16.200 ----

--------0.730 --0.730 ---38.730 (35.200) 3.530 --3.530 1.440 0.000 0.300 2.020 2.320 1.740 11.380 ----

--0.000 --0.000 --0.000 --0.000 --0.000 35.670 (31.110) 4.560 --4.560 0.790 0.080 0.830 --1.160 12.700 ----

2003

2002

2001

2000

1999

1998

1997

1996

1995

1994

12.8% 5.8% 10.4%

20.5% 8.7% 10.8%

21.3% 9.6% 8.3%

21.4% 11.8% 11.2%

24.0% 12.4% 11.5%

22.1% 11.9% 11.2%

26.5% 15.0% 14.8%

27.3% 18.6% 19.0%

28.1% 19.1% 18.7%

33.4% 22.1% 22.5%

$20.9 630.2 -655.8 $1,306.9

$20.5 311.6 -376.0 $708.1

$3.0 323.8 -323.5 $650.4

$6.7 234.6 -270.2 $511.5

$20.9 109.7 -232.0 $362.5

$5.8 120.3 -197.0 $323.1

$2.5 99.6 -177.9 $280.0

$6.8 63.4 -137.4 $207.6

$0.6 20.2 -105.6 $126.4

$0.5 16.7 -82.9 $100.1

$0.50

$0.87

$0.87

$0.92

$1.12

$1.20

$1.07

$1.09

$1.39

$1.48

$48 657 7.3%

$66 617 10.8%

$57 563 10.2%

$50 470 10.5%

$47 407 11.6%

$39 389 10.1%

$36 298 12.2%

$29 226 12.8%

$23 175 13.3%

$21 148 14.1%

$657 1,515

$617 829

$563 762

$470 597

$407 420

$389 382

$298 329

$226 243

$175 155

$148 122

0.4x

0.7x

0.7x

0.8x

1.0x

1.0x

0.9x

0.9x

1.1x

1.2x

3.2%

8.0%

7.5%

8.3%

11.3%

10.3%

11.0%

11.9%

15.0%

17.1%

1,515 376 4.0x

829 324 2.6x

762 270 2.8x

597 232 2.6x

420 197 2.1x

382 178 2.1x

329 137 2.4x

243 106 2.3x

155 83 1.9x

122 62 2.0x

12.8%

20.5%

21.3%

21.4%

24.0%

22.1%

26.5%

27.3%

28.1%

33.4%

$346 $238 $0 $16 $18 $73

$334 $218 $0 $15 $30 $70

$305 $204 $0 $27 $31 $43

$253 $164 $0 $21 $27 $41

$211 $133 $0 $16 $25 $37

$191 $125 $0 $14 $20 $31

$153 $93 $0 $11 $19 $31

$116 $69 $0 $8 $15 $24

$94 $56 $0 $6 $13 $19

$78 $45 $0 $5 $11 $17

$21 $630 $656 $1,307

$21 $312 $376 $708

$3 $324 $324 $650

$7 $235 $270 $512

$21 $110 $232 $362

$6 $120 $197 $323

$2 $100 $178 $280

$7 $63 $137 $208

$1 $20 $106 $126

$1 $17 $83 $100

10.4%

10.8%

8.3%

11.2%

11.5%

11.2%

14.8%

19.0%

18.7%

22.5%

$71 ($10) $61

$87 ($8) $79

$102 ($7) $95

$68 ($15) $53

$53 ($5) $48

$76 ($6) $71

$35 ($5) $30

$33 ($5) $28

$26 ($3) $23

$14 ($4) $10

$48

$66

$57

$50

$47

$39

$36

$29

$23

$21

97.3%

99.0%

48.8%

126.7%

118.9%

165.5%

106.6%

100.7%

179.7%

83.7%

2003

2002

2001

2000

1999

1998

1997

1996

1995

1994

$657 6.5%

$617 9.7%

$563 19.8%

$470 15.4%

$407 4.6%

$389 30.5%

$298 32.2%

$226 28.6%

$175 18.8%

$148 11.4%

$48 $12 $36 75.6%

$66 $10 $56 84.5%

$57 $9 $48 83.9%

$50 $9 $41 82.8%

$47 $8 $39 83.4%

$39 $7 $32 81.1%

$36 $6 $30 83.5%

$29 $5 $24 83.5%

$23 $3 $20 85.6%

$21 $2 $19 90.1%

12.8%

20.5%

21.3%

21.4%

24.0%

22.1%

26.5%

27.3%

28.1%

33.4%

9.7%

17.3%

17.8%

17.7%

20.0%

17.9%

22.1%

22.8%

24.0%

30.1%

$92 14.0%

$100 16.2%

$74 13.2%

$67 14.3%

$62 15.2%

$52 13.3%

$49 16.6%

$39 17.5%

$31 17.9%

$28 18.7%

$18 27.5%

$30 31.0%

$31 35.4%

$27 35.1%

$25 34.5%

$20 34.0%

$19 34.0%

$15 34.8%

$13 35.4%

$11 34.0%

$16 2.5%

$15 2.5%

$27 4.7%

$21 4.5%

$16 3.9%

$14 3.7%

$11 3.8%

$8 3.5%

$6 3.4%

$5 3.6%

($10) 1.6%

($8) 1.3%

($7) 1.3%

($15) 3.2%

($5) 1.3%

($6) 1.4%

($5) 1.7%

($5) 2.2%

($3) 1.8%

($4) 2.8%

$151 107 45 $213 32.3%

$138 88 35 $191 31.0%

$117 90 33 $173 30.7%

$115 84 26 $172 36.7%

$89 56 18 $127 31.2%

$77 51 21 $107 27.6%

$79 50 16 $113 38.0%

$51 31 11 $71 31.4%

$39 23 8 $54 31.1%

$32 17 7 $43 28.9%

1993 1992 1991 1990 10/31/1993 10/31/1992 10/31/1991 10/31/1990 12 Months 12 Months 12 Months 12 Months Update Update Update Update 10/31/1993 10/31/1992 10/31/1991 10/31/1990 --------Complete Complete Complete Complete ----132.530 69.600 75.030 47.850 ------------132.530 69.600 75.030 47.850 ------------132.530 69.600 75.030 47.850 64.110 39.700 43.880 29.110 ----64.110 39.700 43.880 29.110 68.430 29.910 31.140 18.740 38.110 20.260 18.380 11.280 --------38.110 20.260 18.380 11.280 0 0 0 0 -----------------------------------------------------------------------------------------

----102.210 30.320 (2.000) -(2.000) ----(2.000) ----0.110 0.110 28.420 9.370 19.060 ---19.060 0.000 ---0.000 19.060 0.000 ----0.000 19.060 19.060 59.180 0.320 0.320 0.000 19.060 59.180 0.320 0.320 0.020 -----

----59.960 9.640 (2.290) -(2.290) ----(2.290) ----0.160 0.160 7.510 2.800 4.710 ---4.710 0.000 ---0.000 4.710 0.000 ----0.000 4.710 4.710 50.830 0.090 0.090 0.000 4.710 50.830 0.090 0.090 0.020 -----

----62.270 12.760 (4.990) -(4.990) ----(4.990) ----0.090 0.090 7.860 2.940 4.920 ---4.920 0.000 ---0.000 4.920 (0.280) ----(0.280) 4.640 4.640 39.440 0.120 0.120 0.000 4.640 39.440 0.120 0.120 0.000 -----

----40.390 7.460 (2.880) -(2.880) ----(2.880) ----0.220 0.220 4.800 1.750 3.050 ---3.050 0.000 ---0.000 3.050 (0.390) ----(0.390) 2.670 2.670 36.920 0.070 0.070 0.000 2.670 36.920 0.070 0.070 0.000 -----

-------------28.420 -9.370 19.060 19.060 0.320 0.320 -----2.000 -3.040 --2.060 ------------------------

-------------7.510 -2.800 4.710 4.710 0.090 0.090 -----2.290 -4.430 ---------------------------

---0.000 ---------7.860 -2.940 4.920 4.640 0.120 0.120 -----4.990 -2.400 --1.670 ------------------------

---0.000 ---------4.800 -1.750 3.050 2.670 0.070 0.070 -----2.880 -1.580 --0.480 ------------------------

--

--

--

--

1993 1992 1991 1990 10/31/1993 10/31/1992 10/31/1991 10/31/1990 Update Update Update Update 10/31/1993 10/31/1992 10/31/1991 10/31/1990 --------Complete Complete Complete Complete --------1.190 1.710 2.870 1.800 ----1.190 1.710 2.870 1.800 --------18.660 15.370 10.120 9.580 ----0.600 1.740 0.000 0.000 19.270 17.110 10.120 9.580 --------------------13.260 12.400 12.630 14.310 ----------------0.700 0.540 0.280 0.560 0.700 0.540 0.280 0.560 34.420 31.760 25.890 26.250 5.630 5.320 5.160 4.370 0.920 0.930 0.950 0.970 32.040 29.330 27.850 24.920 ----------------38.590 35.580 33.950 30.260 (21.520) (19.520) (17.070) (15.160) 17.060 16.060 16.880 15.100 --------------------42.470 33.110 5.590 7.050 -------------

------0.260 0.260 94.210 6.400 -2.830 1.800 0.640 ---8.780 ----8.780 20.450 9.910 -9.910 12.350 0.900 0.900 ---0.540 -0.540 31.800 0.000 -0.000 -----0.150 -0.150 39.040 24.070 0.000 --(0.850)

------0.060 0.060 80.990 3.540 -1.490 0.120 1.750 ---3.580 ----3.580 10.470 28.370 -28.370 30.230 1.350 1.350 ---0.300 -0.300 40.480 0.000 -0.000 -----0.150 -0.150 34.680 6.330 0.000 --(0.650)

------0.070 0.070 48.430 3.480 -2.290 0.180 2.980 ---2.240 ----2.240 11.160 31.780 -31.780 34.940 1.550 1.550 ---0.290 -0.290 44.780 0.000 -0.000 -----0.050 -0.050 1.420 2.460 0.000 --(0.280)

------2.050 2.050 50.460 3.090 -2.050 0.830 1.190 ---1.660 ----1.660 8.810 36.910 -36.910 38.920 1.930 1.930 ---0.350 -0.350 47.990 3.110 -3.110 -----0.000 -0.000 1.400 (2.170) 0.000 --0.120

---(0.850) 62.410 94.210 58.920 ---58.920 ----------------------------------------

---(0.650) 40.500 80.990 58.350 ---58.350 ----------------------------------------

---(0.280) 3.660 48.430 39.480 ---39.480 ----------------------------------------

---0.120 2.460 50.460 36.920 ---36.920 ----------------------------------------

1993 1992 1991 1990 10/31/1993 10/31/1992 10/31/1991 10/31/1990 12 Months 12 Months 12 Months 12 Months

Update Update Update Update 10/31/1993 10/31/1992 10/31/1991 10/31/1990 --------Complete Complete Complete Complete ----19.060 4.710 4.920 3.050 3.040 4.430 2.400 1.580 3.040 4.430 2.400 1.580 2.060 0.000 1.670 0.480 ----2.060 0.000 1.670 0.480 (0.400) (0.200) (0.380) 0.080 0.000 0.000 0.000 0.000 --------(0.010) 0.060 0.150 0.230 --------1.260 (0.050) 0.060 0.010 1.250 0.010 0.210 0.250 (2.580) (0.500) (0.600) (0.720) (0.580) 1.870 1.680 0.710 0.000 (0.700) 0.290 (0.170) ----7.350 (1.750) 0.550 0.350 --------3.340 0.540 0.610 (0.370) --------(0.550) 0.080 0.000 0.000 6.990 (0.450) 2.520 (0.190) 32.000 8.500 11.330 5.240 (3.930) (0.930) (4.320) (2.990) --------(3.930) (0.930) (4.320) (2.990) (9.470) (30.270) (0.150) (16.460) ----------------------------(0.030) 0.000 1.920 (2.370) (9.490) (30.270) 1.770 (18.830) (13.420) (31.200) (2.550) (21.820) 1.760 27.140 0.000 1.400 1.760 27.140 0.000 1.400 (1.320) (0.850) (0.280) (0.390) ----(1.320) (0.850) (0.280) (0.390)

--0.000 --0.000 --0.000 --0.000 --0.000 25.130 (44.580) (19.450) --(19.450) (19.000) (0.090) (0.520) --1.720 5.290 ----

--0.000 --0.000 --0.000 --0.000 --(0.060) 86.380 (90.920) (4.550) --(4.610) 21.680 (0.130) (1.150) --3.110 1.480 ----

--0.000 --(3.110) --0.000 --(3.110) --(0.650) 7.040 (10.380) (3.340) --(3.980) (7.380) (0.330) 1.070 --4.450 2.440 ----

--0.000 --(3.130) --0.000 --(3.130) --0.830 25.620 (6.360) 19.260 --20.090 17.970 0.120 1.510 --2.480 1.820 ---1990

1993

1992

1991

47.1% 23.5% 22.4%

128.7% 9.7% 6.3%

188.6% 9.2% 13.9%

$2.4 9.9 -62.4 $74.8

$1.9 28.4 -40.5 $70.7

$3.2 31.8 -3.7 $38.6

$2.0 36.9 -2.5 $41.4

$1.77

$0.98

$1.94

$1.16

$19 133 14.4%

$5 70 6.8%

$5 75 6.2%

$3 48 5.6%

$133 94

$70 81

$75 48

$48 50

1.4x

0.9x

1.5x

0.9x

20.2%

5.8%

9.6%

5.3%

94 41 2.3x

81 4 22.1x

48 2 19.7x

50 NA NA

47.1%

128.7%

188.6%

NA

$68 $38 $0 $5 $9 $16

$30 $20 $0 $4 $3 $2

$31 $18 $0 $4 $3 $6

$19 $11 $0 $2 $2 $4

$2 $10 $62 $75

$2 $28 $41 $71

$3 $32 $4 $39

$2 $37 $2 $41

22.4%

6.3%

13.9%

NA

$32 ($4) $28

$9 ($1) $8

$11 ($4) $7

$5 ($3) $2

$19

$5

$5

$3

147.3%

160.7%

151.1%

84.3%

1993

1992

1991

$133 90.4%

$70 (7.2%)

$75 56.8%

1990

$48

$19 $1 $18 93.1%

$5 $1 $4 82.0%

$5 $0 $4 94.0%

$3 $0 $2 85.4%

47.1%

128.7%

188.6%

0.0%

43.8%

105.5%

177.2%

0.0%

$25 19.0%

$5 7.5%

$9 11.6%

$5 11.3%

$9 33.0%

$3 37.3%

$3 37.4%

$2 36.5%

$5 3.8%

$4 6.4%

$4 5.4%

$2 4.3%

($4) 3.0%

($1) 1.3%

($4) 5.8%

($3) 6.2%

$19 13 6 $26 19.3%

$15 12 4 $24 34.8%

$10 13 3 $19 25.7%

$10 14 3 $21

All Financial Reports

Roper Industries Inc Income Statement - Interim Standardised in Millions of US Dollar Fiscal Period: Period End Date: Period Length: Update Type: Update Date: Source Source Date: Complete Statement: Net Sales Gross Revenue Sales Returns and Allowances Excise Tax Receipts Revenue Interest Income, Non-Bank Other Revenue Other Revenue, Total Total Revenue Cost of Revenue Excise Taxes Payments Cost of Revenue, Total Gross Profit Selling/General/Administrative Expense Labor & Related Expense Advertising Expense Selling/General/Admin. Expenses, Total Research & Development Depreciation Amortization of Intangibles Amortization of Acquisition Costs Depreciation/Amortization Interest Expense - Operating Interest Capitalized - Operating Interest Expense, Net - Operating Interest Income - Operating Investment Income - Operating Interest/Investment Income - Operating Interest Expense(Income) - Net Operating Interest Exp.(Inc.),Net-Operating, Total Purchased R&D Written-Off Restructuring Charge Litigation Impairment-Assets Held for Use Impairment-Assets Held for Sale Other Unusual Expense (Income) Unusual Expense (Income) Foreign Currency Adjustment Unrealized Losses (Gains) Minimum Pension Liability Adjustment Loss(Gain) on Sale of Assets - Operating

2009 Q1 2008 Q4 2008 Q3 3/31/2009 12/31/2008 9/30/2008 3 Months 3 Months 9 Months Update Update Reclassified 3/31/2009 12/31/2008 12/31/2008 10-Q 10-K 10-K 5/7/2009 3/2/2009 3/2/2009 Complete Complete Complete 505.440 575.860 1,730.510 ---------505.440 575.860 1,730.510 ---------505.440 575.860 1,730.510 254.310 278.050 840.030 ---254.310 278.050 840.030 251.140 297.810 890.480 164.340 178.750 523.370 ------164.340 178.750 523.370 0 0 0 ----------------------------------------------------0.000 3.130 -0.000 3.130 -------------

2008 Q2 6/30/2008 3 Months Update 6/30/2008 10-Q 7/25/2008 Complete 594.410 ---594.410 ---594.410 289.080 -289.080 305.330 178.790 --178.790 0 ------------------------

2008 Q1 3/31/2008 3 Months Restated 3/31/2009 10-Q 5/7/2009 Complete 543.000 ---543.000 ---543.000 266.610 -266.610 276.390 168.120 --168.120 0 ------------------------

Other Operating Expense Other, Net Other Operating Expenses, Total Total Operating Expense Operating Income Interest Expense - Non-Operating Interest Capitalized - Non-Operating Interest Expense, Net Non-Operating Interest Income - Non-Operating Investment Income - Non-Operating Interest/Invest Income - Non-Operating Interest Income(Exp), Net Non-Operating Interest Inc.(Exp.),Net-Non-Op., Total Gain (Loss) on Sale of Assets Foreign Currency Adjustment Unrealized Gains (Losses) Minimum Pension Liability Adjustment Other Non-Operating Income (Expense) Other, Net Net Income Before Taxes Provision for Income Taxes Net Income After Taxes Minority Interest Equity In Affiliates U.S. GAAP Adjustment Net Income Before Extra. Items Accounting Change Discontinued Operations Extraordinary Item Tax on Extraordinary Items Total Extraordinary Items Net Income Preferred Dividends General Partners' Distributions Miscellaneous Earnings Adjustment Pro Forma Adjustment Interest Adjustment - Primary EPS Total Adjustments to Net Income Income Available to Com Excl ExtraOrd Income Available to Com Incl ExtraOrd Basic Weighted Average Shares Basic EPS Excluding Extraordinary Items Basic EPS Including Extraordinary Items Dilution Adjustment Diluted Net Income Diluted Weighted Average Shares Diluted EPS Excluding ExtraOrd Items Diluted EPS Including ExtraOrd Items DPS - Common Stock Primary Issue Dividends per Share - Com Stock Issue 2 Dividends per Share - Com Stock Issue 3 Dividends per Share - Com Stock Issue 4 Special DPS - Common Stock Primary Issue Special DPS - Common Stock Issue 2

---418.650 86.790 (13.510) -(13.510) ----(13.510) ----(0.360) (0.360) 72.930 21.370 51.560 ---51.560 -----51.560 ------51.560 51.560 90.130 0.570 0.570 -51.560 92.300 0.560 0.560 0.080 ------

------456.810 1,366.540 119.060 363.970 (16.850) (36.830) --(16.850) (36.830) --------(16.850) (36.830) --------5.170 1.440 5.170 1.440 107.380 328.580 35.320 114.120 72.060 214.450 ------72.060 214.450 ----------72.060 214.450 ------------72.060 214.450 72.060 214.450 89.730 89.380 0.800 2.400 0.800 2.400 --72.060 214.450 92.340 94.150 0.780 2.280 0.780 2.280 0.080 0.220 -----------

---467.870 126.540 (10.290) -(10.290) ----(10.290) ----(0.640) (0.640) 115.620 39.950 75.670 ---75.670 -----75.670 ------75.670 75.670 89.480 0.850 0.850 -75.670 94.400 0.800 0.800 0.070 ------

---434.730 108.270 (13.960) -(13.960) ----(13.960) ----1.780 1.780 96.080 33.630 62.450 ---62.450 -----62.450 ------62.450 62.450 89.040 0.700 0.700 -62.450 93.450 0.670 0.670 0.070 ------

Special DPS - Common Stock Issue 3 Special DPS - Common Stock Issue 4 Gross Dividends - Common Stock (Gain) Loss on Sale of Assets, Suppl. Impairment-Assets Held for Sale, Suppl. Impairment-Assets Held for Use, Suppl. Litigation Charge, Supplemental Purchased R&D Written-Off, Supplemental Restructuring Charge, Supplemental Other Unusual Expense(Income), Suppl. Non-Recurring Items, Supplemental, Total Total Special Items Normalized Income Before Taxes Effect of Special Items on Income Taxes Inc Tax Ex Impact of Sp Items Normalized Income After Taxes Normalized Inc. Avail to Com. Basic Normalized EPS Diluted Normalized EPS Pro Forma Stock Compensation Expense Net Income after Stock Based Comp. Exp. Basic EPS after Stock Based Comp. Exp. Diluted EPS after Stock Based Comp. Exp. Stock-Based Compensation, Supplemental Interest Expense, Supplemental Interest Capitalized, Supplemental Depreciation, Supplemental Funds From Operations - REIT Amort of Acquisition Costs, Supplemental Amort of Intangibles, Supplemental Rental Expense, Supplemental EPS, Supplemental Advertising Expense, Supplemental Equity in Affiliates, Supplemental Minority Interest, Supplemental Research & Development Exp, Supplemental Audit Fees Audit-Related Fees Tax Fees All Other Fees Reported Recurring Revenue Reported Net Premiums Written Reported Total Revenue Reported Operating Revenue Reported Total Cost of Revenue Reported Total Sales, General & Admin. Reported Gross Profit Reported Operating Profit Reported Operating Profit Margin Reported Ordinary Profit Reported Net Income After Tax Reported Basic EPS Reported Diluted EPS Reported Net Business Profits

--7.470 ---------72.930 -21.370 51.560 51.560 0.570 0.560 ----7.000 13.510 -8.770 --16.790 ----------------251.140 --------

--7.400 --------0.000 107.380 0.000 35.320 72.060 72.060 0.800 0.780 ----8.110 16.850 -9.130 --17.550 ----------------297.810 --------

--19.480 --------3.130 331.710 1.090 115.210 216.500 216.500 2.420 2.300 ----22.800 36.830 -24.780 --46.470 ----------------890.480 --------

--6.500 ---------115.620 -39.950 75.670 75.670 0.850 0.800 ----8.000 10.290 -8.200 --15.660 ----------------305.330 --------

--6.480 ---------96.080 -33.630 62.450 62.450 0.700 0.670 ----6.700 13.960 -7.990 --15.780 ----------------276.390 --------

Balance Sheet (Differentiates) Interim - Standardised in Millions of US Dollar Fiscal Period: Period End Date: Update Type: Update Date: Source Source Date: Complete Statement: Cash Cash & Equivalents Short Term Investments Cash and Short Term Investments Accounts Receivable - Trade, Gross Provision for Doubtful Accounts Accounts Receivable - Trade, Net Notes Receivable - Short Term Receivables - Other Total Receivables, Net Inventories - Finished Goods Inventories - Work In Progress Inventories - Raw Materials Inventories - Other LIFO Reserve Total Inventory Prepaid Expenses Restricted Cash - Current Deferred Income Tax - Current Asset Discountinued Operations - Current Asset Other Current Assets Other Current Assets, Total Total Current Assets Buildings - Gross Land/Improvements - Gross Machinery/Equipment - Gross Construction in Progress - Gross Leases - Gross Natural Resources - Gross Other Property/Plant/Equipment - Gross Property/Plant/Equipment, Total - Gross Accumulated Depreciation, Total Property/Plant/Equipment, Total - Net Goodwill - Gross Accumulated Goodwill Amortization Goodwill, Net Intangibles - Gross Accumulated Intangible Amortization Intangibles, Net LT Investment - Affiliate Companies LT Investments - Other Long Term Investments Note Receivable - Long Term Deferred Charges

2009 Q1 2008 Q4 3/31/2009 12/31/2008 Update Reclassified 3/31/2009 3/31/2009 10-Q 10-Q 5/7/2009 5/7/2009 Complete Complete --177.510 178.070 --177.510 178.070 ----343.010 376.860 --64.320 61.170 407.330 438.020 73.950 68.510 27.490 26.910 114.960 120.600 (29.670) (30.110) --186.720 185.920 ----28.660 29.390 --43.660 26.910 72.320 56.300 843.880 858.310 ------------------107.830 112.460 ----2,106.290 2,118.850 1,033.610 1,037.170 (249.260) (233.150) 784.340 804.020 -----------

2008 Q3 9/30/2008 Update 9/30/2008 10-Q 11/7/2008 Complete -156.270 -156.270 --396.820 -69.250 466.070 73.700 32.590 122.140 (32.340) -196.090 --33.710 -29.460 63.180 881.600 ---------115.760 --2,164.630 1,046.080 (218.430) 827.650 ------

2008 Q2 6/30/2008 Update 6/30/2008 10-Q 7/25/2008 Complete -146.190 -146.190 --403.600 -50.360 453.960 72.760 33.420 117.670 (31.430) -192.430 --30.850 -26.900 57.750 850.320 ---------112.030 --1,985.650 949.250 (203.400) 745.850 ------

2008 Q1 3/31/2008 Update 3/31/2008 10-Q 5/12/2008 Complete -151.200 -151.200 --377.310 -59.120 436.420 67.770 33.470 119.470 (30.670) -190.040 --31.670 -26.830 58.490 836.160 ---------112.120 --1,982.720 943.280 (187.730) 755.550 ------

Pension Benefits - Overfunded Defered Income Tax - Long Term Asset Discontinued Operations - LT Asset Restricted Cash - Long Term Other Long Term Assets Other Long Term Assets, Total Total Assets Accounts Payable Payable/Accrued Accrued Expenses Notes Payable/Short Term Debt Current Port. of LT Debt/Capital Leases Dividends Payable Customer Advances Security Deposits Income Taxes Payable Other Payables Deferred Income Tax - Current Liability Discontinued Operations - Curr Liability Other Current Liabilities Other Current liabilities, Total Total Current Liabilities Long Term Debt Capital Lease Obligations Total Long Term Debt Total Debt Deferred Income Tax - LT Liability Deferred Income Tax Minority Interest Reserves Pension Benefits - Underfunded Other Long Term Liabilities Discontinued Operations - Liabilities Other Liabilities, Total Total Liabilities Redeemable Preferred Stock Redeemable Convertible Preferred Stock Redeemable Preferred Stock, Total Preferred Stock - Non Redeemable Convertible Preferred Stock - Non Rdmbl Treasury Stock - Preferred General Partner Preferred Stock - Non Redeemable, Net Common Stock Limited Partner Common Stock, Total Additional Paid-In Capital Retained Earnings (Accumulated Deficit) Treasury Stock - Common ESOP Debt Guarantee Unrealized Gain (Loss) Translation Adjustment Other Equity Minimum Pension Liability Adjustment

-28.060 --50.460 78.520 3,920.870 114.890 -219.920 0.000 149.530 ---0.000 -0.310 --0.310 484.650 1,084.520 -1,084.520 1,234.050 268.400 268.400 0 --43.460 -43.460 1,881.030 --0 -----0.930 -0.930 826.920 1,231.560 (21.580) ------

-28.050 --49.850 77.900 3,971.540 121.810 -261.680 0.000 233.530 ---1.890 -0.000 --1.890 618.910 1,033.690 -1,033.690 1,267.220 272.180 272.180 ---42.830 -42.830 1,967.600 --------0.920 -0.920 815.740 1,187.470 (21.700) ------

---33.760 25.240 24.750 ------50.020 43.390 50.410 83.790 68.620 75.150 4,073.430 3,762.480 3,761.700 128.340 118.720 121.990 ---260.860 227.880 209.090 0.000 0.000 0.000 232.680 494.210 413.110 ---------32.300 15.570 27.810 ---0.000 0.000 0.000 ------32.300 15.570 27.810 654.170 856.370 772.000 1,113.670 651.510 802.850 ---1,113.670 651.510 802.850 1,346.350 1,145.720 1,215.960 252.810 254.900 261.750 252.810 254.900 261.750 ---------42.680 42.190 49.340 ---42.680 42.190 49.340 2,063.340 1,804.960 1,885.940 ------------------------0.920 0.920 0.920 ---0.920 0.920 0.920 790.670 779.730 764.580 1,139.860 1,071.170 1,001.990 (21.790) (21.860) (21.930) ----------------

Other Comprehensive Income Other Equity, Total Total Equity Total Liabilities & Shareholders' Equity Shares Outs - Common Stock Primary Issue Shares Outstanding - Common Issue 2 Shares Outstanding - Common Issue 3 Shares Outstanding - Common Issue 4 Total Common Shares Outstanding Treas Shares - Common Stock Prmry Issue Treasury Shares - Common Issue 2 Treasury Shares - Common Issue 3 Treasury Shares - Common Issue 4 Shares Outstanding - Preferred Issue 1 Shares Outstanding - Preferred Issue 2 Shares Outstanding - Preferred Issue 3 Shares Outstanding - Preferred Issue 4 Shares Outstanding - Preferred Issue 5 Shares Outstanding - Preferred Issue 6 Total Preferred Shares Outstanding Treasury Shares - Preferred Issue 1 Treasury Shares - Preferred Issue 2 Treasury Shares - Preferred Issue 3 Treasury Shares - Preferred Issue 4 Treasury Shares - Preferred Issue 5 Treasury Shares - Preferred Issue 6 Full-Time Employees Part-Time Employees Number of Common Shareholders Accumulated Goodwill Amortization Suppl. Accumulated Intangible Amort, Suppl. Deferred Revenue - Current Deferred Revenue - Long Term Total Risk-Weighted Capital Tier 1 Capital % Total Capital % Trading Account Credit Exposure Non-Performing Loans Assets under Management Reported Total Assets Reported Total Liabilities Shareholders' Equity Excl. Stock Subscr. Reported Shareholder's Equity Reported Net Assets Reported Net Assets to Total Assets Reported Return on Assets Reported Return on Equity

2.010 21.510 100.430 127.570 130.220 2.010 21.510 100.430 127.570 130.220 2,039.840 2,003.930 2,010.090 1,957.520 1,875.770 3,920.870 3,971.540 4,073.430 3,762.480 3,761.700 90.540 89.720 89.710 89.610 89.410 ---------------90.540 89.720 89.710 89.610 89.410 -2.190 -------------------------------------------------------------------------------------------------------249.260 233.150 218.430 203.400 187.730 --------------------------------------------------------------------------------------

Cash Flow (Indirect) - Interim - Standardised in Millions of US Dollar [+] Add Item Fiscal Period: Period End Date: Period Length: Update Type: Update Date:

2009 Q1 2008 Q4 3/31/2009 12/31/2008 3 Months 12 Months Update Update 3/31/2009 12/31/2008

2008 Q3 9/30/2008 9 Months Update 9/30/2008

2008 Q2 2008 Q1 6/30/2008 3/31/2008 6 Months 3 Months Update Reclassified 6/30/2008 3/31/2009

Source Source Date: Complete Statement: Net Income/Starting Line Depreciation Depreciation/Depletion Amortization of Intangibles Amortization of Acquisition Costs Amortization Deferred Taxes Accounting Change Discontinued Operations Extraordinary Item Unusual Items Purchased R&D Equity in Net Earnings (Loss) Other Non-Cash Items Non-Cash Items Accounts Receivable Inventories Prepaid Expenses Other Assets Accounts Payable Accrued Expenses Payable/Accrued Taxes Payable Other Liabilities Other Assets & Liabilities, Net Other Operating Cash Flow Changes in Working Capital Cash from Operating Activities Purchase of Fixed Assets Purchase/Acquisition of Intangibles Software Development Costs Capital Expenditures Acquisition of Business Sale of Business Sale of Fixed Assets Sale/Maturity of Investment Investment, Net Purchase of Investments Sale of Intangible Assets Intangible, Net Other Investing Cash Flow Other Investing Cash Flow Items, Total Cash from Investing Activities Other Financing Cash Flow Financing Cash Flow Items Cash Dividends Paid - Common Cash Dividends Paid - Preferred Total Cash Dividends Paid Sale/Issuance of Common Repurchase/Retirement of Common Common Stock, Net

10-Q 5/7/2009 Complete 51.560 8.770 8.770 17.460 -17.460 ----------------(12.450) --(14.760) (27.210) 50.580 (5.230) --(5.230) (0.680) -------(0.960) (1.650) (6.870) (1.350) (1.350) (7.390) -(7.390) 1.170 0 1.170

10-K 3/2/2009 Complete 286.520 33.900 33.900 69.210 -69.210 ----------------(0.180) --44.990 44.820 434.440 (30.050) --(30.050) (704.760) -------(4.480) (709.250) (739.290) 5.850 5.850 (25.890) -(25.890) -0 1.890

10-Q 11/7/2008 Complete 214.450 24.780 24.780 50.590 -50.590 ----------------4.460 --11.260 15.720 305.540 (20.790) --(20.790) (701.940) -------(4.080) (706.020) (726.810) 5.610 5.610 (19.390) -(19.390) 10.050 0 10.050

10-Q 7/25/2008 Complete 139.260 16.190 16.190 32.580 -32.580 ----------------(6.450) --(14.280) (20.730) 167.300 (14.340) --(14.340) (399.710) -------(2.270) (401.980) (416.320) 4.780 4.780 (12.910) -(12.910) 7.780 0 7.780

10-Q 5/7/2009 Complete 62.450 7.990 7.990 15.530 -15.530 ----------------2.310 --(16.690) (14.380) 71.590 (6.380) --(6.380) (377.630) -------(0.830) (378.470) (384.850) 1.780 1.780 (6.430) -(6.430) 2.590 0 2.590

Sale/Issuance of Preferred Repurchase/Retirement of Preferred Preferred Stock, Net Sale/Issuance of Common/Preferred Repurch./Retirement of Common/Preferred Options Exercised Warrants Converted Treasury Stock Issuance (Retirement) of Stock, Net Short Term Debt Issued Short Term Debt Reduction Short Term Debt, Net Long Term Debt Issued Long Term Debt Reduction Long Term Debt, Net Total Debt Issued Total Debt Reduction Issuance (Retirement) of Debt, Net Cash from Financing Activities Foreign Exchange Effects Net Change in Cash Net Cash - Beginning Balance Net Cash - Ending Balance Cash Interest Paid Cash Taxes Paid Reported Cash from Operating Activities Reported Cash from Investing Activities Reported Cash from Financing Activities

ROE ROA ROIC

Short-term Debt Long-Term Debt Preferred Stock Equity Common Stock Equity Invested Capital $ Revenue / $ Invested Capital LTM EBITDA

--------1.170 ----(83.920) (33.320) --(33.320) (40.890) (3.370) (0.560) 178.070 177.510 ------

-----11.040 --12.930 ----(908.620) 195.030 --195.030 187.920 (13.760) (130.700) 308.770 178.070 39.060 144.260 ----

--------10.050 ----(908.620) 275.090 --275.090 271.350 (2.580) (152.500) 308.770 156.270 ------

--------7.780 -----84.070 --84.070 83.720 2.710 (162.580) 308.770 146.190 ------

--------2.590 ----0.000 154.440 --154.440 152.390 3.300 (157.570) 308.770 151.200 ------

2009 Q1

2008 Q4

2008 Q3

2008 Q2

2008 Q1

14.7% 7.3% 7.2%

16.0% 8.3% 8.2%

16.7% 8.8% 8.9%

17.0% 8.6% 8.6%

17.0% 8.4% 8.5%

$149.5 1,084.5 -2,039.8 $3,273.9

$233.5 1,033.7 -2,003.9 $3,271.2

$232.7 1,113.7 -2,010.1 $3,356.4

$494.2 651.5 -1,957.5 $3,103.2

$413.1 802.9 -1,875.8 $3,091.7

$0.69

$0.71

$0.68

$0.72

$0.70

$464.7

DuPont ROE Analysis Net Income Revenue Profit Margin

$276 2,269 12.1%

$287 2,306 12.4%

$287 2,291 12.5%

$275 2,230 12.4%

$261 2,167 12.0%

Revenue Total Assets Asset Utilization

$2,269 3,921 0.6x

$2,306 3,972 0.6x

$2,291 4,073 0.6x

$2,230 3,762 0.6x

$2,167 3,762 0.6x

Return on Assets

7.0%

7.2%

7.0%

7.3%

6.9%

Total Assets Beginning Common Equity Leverage

3,921 1,876 2.1x

3,972 1,790 2.2x

4,073 1,713 2.4x

3,762 1,623 2.3x

3,762 1,538 2.4x

Return on Equity

14.7%

16.0%

16.7%

17.0%

17.0%

Gross Profit SG&A R&D D&A Taxes NOPAT

$1,163 $698 $0 $106 $137 $222

$1,188 $702 $0 $103 $149 $234

$1,177 $686 $0 $98 $153 $240

$1,140 $667 $0 $96 $147 $229

$1,097 $643 $0 $94 $140 $220

ST debt LT debt Equity Invested Capital

$150 $1,085 $2,040 $3,274

$234 $1,034 $2,004 $3,271

$233 $1,114 $2,010 $3,356

$494 $652 $1,958 $3,103

$413 $803 $1,876 $3,092

ROIC

7.2%

8.2%

8.9%

8.6%

8.5%

OCF Capex FCF

$413 ($29) $385

$434 ($30) $404

$422 ($31) $391

$376 ($32) $344

$358 ($30) $328

Net Income

$276

$287

$287

$275

$261

139.5%

141.1%

136.4%

124.8%

125.6%

FCF Conversion (FCF/NI)

2007 Q4 12/31/2007 3 Months Update 12/31/2007 10-K 2/29/2008 Complete 560.080 ---560.080 ---560.080 274.010 -274.010 286.070 162.260 --162.260 0 -----------------0.000 0.000 -----

2007 Q3 9/30/2007 3 Months Update 9/30/2007 10-Q 11/9/2007 Complete 532.900 ---532.900 ---532.900 261.120 -261.120 271.780 158.040 --158.040 0 ------------------------

2007 Q2 6/30/2007 3 Months Update 6/30/2007 10-Q 8/9/2007 Complete 530.640 ---530.640 ---530.640 268.240 -268.240 262.400 154.440 --154.440 0 ------------------------

2007 Q1 2006 Q4 3/31/2007 12/31/2006 3 Months 3 Months Update Update 3/31/2007 12/31/2006 10-Q 10-K 5/10/2007 3/1/2007 Complete Complete 478.430 465.480 ------478.430 465.480 ------478.430 465.480 240.280 229.690 --240.280 229.690 238.150 235.800 145.300 138.530 ----145.300 138.530 0 0 -----------------------------------0.000 -0.000 ---------

2006 Q3 9/30/2006 3 Months Update 9/30/2006 10-Q 11/9/2006 Complete 427.220 ---427.220 ---427.220 208.970 -208.970 218.250 130.730 --130.730 0 ------------------------

2006 Q2 6/30/2006 3 Months Update 6/30/2006 10-Q 8/9/2006 Complete 425.310 ---425.310 ---425.310 210.430 -210.430 214.880 129.490 --129.490 0 ------------------------

2006 Q1 2005 Q4 3/31/2006 12/31/2005 3 Months 3 Months Update Update 3/31/2006 12/31/2005 10-Q 10-K 5/10/2006 3/16/2006 Complete Complete 382.720 393.170 ------382.720 393.170 ------382.720 393.170 190.330 194.080 --190.330 194.080 192.400 199.080 124.920 118.220 ----124.920 118.220 0 0 -----------------------------------3.930 -3.930 ---------

---436.280 123.810 (12.240) -(12.240) ----(12.240) ----(0.620) (0.620) 110.950 38.720 72.230 ---72.230 -----72.230 ------72.230 72.230 88.700 0.810 0.810 -72.230 93.920 0.770 0.770 0.070 ------

---419.160 113.740 (13.120) -(13.120) ----(13.120) ----(0.400) (0.400) 100.220 35.080 65.140 ---65.140 -----65.140 ------65.140 65.140 88.580 0.740 0.740 -65.140 93.560 0.700 0.700 0.070 ------

---422.680 107.960 (13.370) -(13.370) ----(13.370) ----(1.230) (1.230) 93.360 32.130 61.230 ---61.230 -----61.230 ------61.230 61.230 88.360 0.690 0.690 -61.230 92.920 0.660 0.660 0.070 ------

---385.580 92.850 (13.470) -(13.470) ----(13.470) ----(0.250) (0.250) 79.130 27.700 51.430 ---51.430 -----51.430 ------51.430 51.430 87.920 0.590 0.590 -51.430 92.300 0.560 0.560 0.070 ------

---368.220 97.270 (11.620) -(11.620) ----(11.620) ----(0.090) (0.090) 85.550 28.820 56.730 ---56.730 -----56.730 ------56.730 56.730 87.320 0.650 0.650 0.000 56.730 91.570 0.620 0.620 0.070 ------

---339.700 87.520 (11.070) -(11.070) ----(11.070) ----0.270 0.270 76.720 25.910 50.810 ---50.810 -----50.810 ------50.810 50.810 87.050 0.580 0.580 0.000 50.810 90.960 0.560 0.560 0.060 ------

---339.920 85.390 (11.310) -(11.310) ----(11.310) ----(0.030) (0.030) 74.050 25.960 48.090 ---48.090 -----48.090 ------48.090 48.090 86.920 0.550 0.550 0.000 48.090 91.040 0.530 0.530 0.060 ------

---315.250 67.480 (10.800) -(10.800) ----(10.800) ----(0.130) (0.130) 56.550 18.860 37.690 ---37.690 -----37.690 ------37.690 37.690 86.060 0.440 0.440 0.000 37.690 89.710 0.420 0.420 0.060 ------

---316.230 76.940 (10.620) -(10.620) ----(10.620) ----1.880 1.880 68.200 17.790 50.410 ---50.410 -----50.410 ------50.410 50.410 85.850 0.590 0.590 0.000 50.410 88.820 0.570 0.570 0.060 ------

--6.440 --------0.000 110.950 0.000 38.720 72.230 72.230 0.810 0.770 ----5.550 12.240 -8.250 --14.730 ----------------286.070 --------

--5.770 ---------100.220 -35.080 65.140 65.140 0.740 0.700 ----5.410 13.120 -7.880 --15.540 ----------------271.780 --------

--5.760 ---------93.360 -32.130 61.230 61.230 0.690 0.660 ----5.170 13.370 -8.030 --14.620 -------------------------

--5.740 ---------79.130 -27.700 51.430 51.430 0.590 0.560 ----4.550 13.470 -7.660 --13.810 ----------------238.150 --------

--5.710 --------0.000 85.550 0.000 28.820 56.730 56.730 0.650 0.620 ----4.400 11.620 -8.310 --13.410 -------------------------

--5.120 ---------76.720 -25.910 50.810 50.810 0.580 0.560 ----3.900 11.070 -7.710 --13.160 -------------------------

--5.100 ---------74.050 -25.960 48.090 48.090 0.550 0.530 ----3.500 11.310 -7.300 --13.150 -------------------------

--5.100 ---------56.550 -18.860 37.690 37.690 0.440 0.420 ----3.600 10.800 -6.620 --12.390 -------------------------

--5.120 --------3.930 72.130 1.030 18.810 53.310 53.310 0.620 0.600 2.010 48.390 0.560 0.530 -10.620 -7.620 --10.800 -------------------------

2007 Q4 12/31/2007 Update 12/31/2007 10-K 2/29/2008 Complete -308.770 -308.770 --359.810 -60.220 420.030 60.700 28.500 113.330 (28.390) -174.140 --27.800 -20.410 48.210 951.140 ---------107.510 --1,706.080 785.460 (171.960) 613.510 ------

2007 Q3 9/30/2007 Update 9/30/2007 10-Q 11/9/2007 Complete -125.930 -125.930 --364.750 --364.750 62.610 29.100 121.580 (30.260) -183.020 --19.090 -71.320 90.410 764.110 ---------105.530 --1,689.900 784.380 (158.290) 626.090 ------

2007 Q2 6/30/2007 Update 6/30/2007 10-Q 8/9/2007 Complete -120.100 -120.100 --330.820 --330.820 62.980 30.000 117.430 (29.100) -181.300 --19.170 -71.350 90.520 722.750 ---------105.520 --1,690.390 757.410 (142.810) 614.610 ------

2007 Q1 2006 Q4 3/31/2007 12/31/2006 Update Update 3/31/2007 12/31/2006 10-Q 10-K 5/10/2007 3/1/2007 Complete Complete --80.440 69.480 --80.440 69.480 ----319.250 324.510 ---29.250 319.250 353.760 60.170 53.920 31.740 27.620 122.820 114.130 (28.560) (27.350) --186.160 168.320 ----17.490 17.910 --53.230 18.030 70.720 35.940 656.570 627.500 ------------------106.520 107.000 ----1,662.190 1,651.210 745.600 658.510 (128.180) (114.370) 617.420 544.140 -----------

2006 Q3 9/30/2006 Update 9/30/2006 10-Q 11/9/2006 Complete -40.880 -40.880 --304.390 --304.390 51.070 29.970 106.330 (25.750) -161.620 --19.830 -48.550 68.380 575.250 ---------103.230 --1,436.160 599.400 (102.790) 496.610 ------

2006 Q2 6/30/2006 Update 6/30/2006 10-Q 8/9/2006 Complete -53.380 -53.380 --277.040 --277.040 47.950 28.070 96.590 (25.280) -147.330 --19.120 -48.540 67.660 545.420 ---------102.230 --1,407.960 593.170 (91.340) 501.840 ------

2006 Q1 2005 Q4 3/31/2006 12/31/2005 Update Update 3/31/2006 12/31/2005 10-Q 10-K 5/10/2006 3/16/2006 Complete Complete --67.160 53.120 --67.160 53.120 ----250.850 257.210 ----250.850 257.210 46.150 50.260 24.570 26.070 95.480 80.930 (25.270) (25.420) --140.930 131.840 ----19.520 19.150 --37.020 36.900 56.540 56.040 515.480 498.210 ------------------100.620 97.460 ----1,356.230 1,353.710 569.440 568.950 (78.900) (67.590) 490.540 501.370 -----------

---------23.850 24.800 25.700 26.510 21.700 25.320 22.210 23.100 25.850 ------------------51.090 41.640 45.330 43.580 43.820 43.300 47.080 47.550 45.710 74.950 66.430 71.030 70.090 65.520 68.620 69.300 70.650 71.560 3,453.180 3,252.070 3,204.310 3,112.780 2,995.360 2,679.880 2,626.740 2,533.510 2,522.310 115.810 106.560 102.680 100.010 96.140 91.080 84.180 80.000 71.690 ---------194.060 182.920 174.760 168.600 184.150 148.530 136.010 119.170 142.840 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 331.100 322.150 314.260 307.950 299.910 291.460 284.680 277.470 273.310 ---------------------------24.120 24.960 9.170 9.400 5.900 13.480 20.880 18.590 14.720 ---------2.440 1.470 1.040 1.440 1.560 2.360 3.070 3.070 3.070 ------------------26.560 26.420 10.210 10.840 7.450 15.840 23.950 21.660 17.780 667.530 638.050 601.920 587.400 587.650 546.910 528.810 498.290 505.630 727.490 656.200 736.020 748.080 726.880 564.070 584.440 587.310 620.960 ---------727.490 656.200 736.020 748.080 726.880 564.070 584.440 587.310 620.960 1,058.590 978.350 1,050.280 1,056.030 1,026.790 855.530 869.110 864.780 894.270 221.410 199.960 198.100 194.800 169.990 127.140 128.630 126.760 124.200 221.410 199.960 198.100 194.800 169.990 127.140 128.630 126.760 124.200 ---------------------------46.950 44.680 44.860 44.170 24.000 22.280 23.410 22.180 21.730 ---------46.950 44.680 44.860 44.170 24.000 22.280 23.410 22.180 21.730 1,663.380 1,538.880 1,580.890 1,574.450 1,508.520 1,260.400 1,265.290 1,234.530 1,272.520 ------------------------------------------------------------------------0.910 0.910 0.910 0.910 0.900 0.900 0.890 0.890 0.880 ---------0.910 0.910 0.910 0.910 0.900 0.900 0.890 0.890 0.880 757.320 749.310 740.330 725.910 717.750 699.220 690.230 683.190 685.450 944.890 879.090 819.720 764.250 721.900 670.870 625.180 582.190 549.600 (22.040) (22.110) (22.180) (22.260) (22.380) (22.470) (22.560) (22.640) (22.750) --------------------------51.730 -------------------

108.730 105.990 84.640 69.530 68.670 70.960 67.710 55.350 (15.130) 108.730 105.990 84.640 69.530 68.670 70.960 67.710 55.350 36.600 1,789.810 1,713.190 1,623.410 1,538.330 1,486.840 1,419.480 1,361.450 1,298.970 1,249.790 3,453.180 3,252.070 3,204.310 3,112.780 2,995.360 2,679.880 2,626.740 2,533.510 2,522.310 88.770 88.670 88.570 88.280 87.780 87.190 87.000 86.850 85.960 ---------------------------88.770 88.670 88.570 88.280 87.780 87.190 87.000 86.850 85.960 2.220 ---2.260 ---2.290 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------171.960 158.290 142.810 128.180 114.370 102.790 91.340 78.900 67.590 ---------------------------------------------------------------------------------------------------------------------------------------------------------2007 Q4 12/31/2007 12 Months Update 12/31/2007

2007 Q3 9/30/2007 9 Months Update 9/30/2007

2007 Q2 6/30/2007 6 Months Update 6/30/2007

2007 Q1 2006 Q4 3/31/2007 12/31/2006 3 Months 12 Months Update Update 3/31/2007 12/31/2006

2006 Q3 9/30/2006 9 Months Update 9/30/2006

2006 Q2 6/30/2006 6 Months Update 6/30/2006

2006 Q1 2005 Q4 3/31/2006 12/31/2005 3 Months 12 Months Update Update 3/31/2006 12/31/2005

10-K 2/29/2008 Complete 250.030 31.810 31.810 61.380 -61.380 ----------------23.840 --(23.250) 0.590 343.810 (30.110) --(30.110) (106.940) -------(5.340) (112.280) (142.390) 7.880 7.880 (22.950) -(22.950) -0 1.760

10-Q 11/9/2007 Complete 177.800 23.560 23.560 46.640 -46.640 ----------------22.630 --(43.670) (21.040) 226.970 (19.590) --(19.590) (106.290) -------(3.600) (109.880) (129.470) 7.890 7.890 (17.180) -(17.180) 12.920 0 12.920

10-Q 8/9/2007 Complete 112.660 15.690 15.690 30.590 -30.590 ----------------8.630 --(32.010) (23.380) 135.550 (12.730) --(12.730) (100.760) -------(2.760) (103.520) (116.250) 17.000 17.000 (11.440) -(11.440) ----

10-Q 5/10/2007 Complete 51.430 7.660 7.660 14.970 -14.970 ----------------10.220 --(27.190) (16.970) 57.090 (6.060) --(6.060) (69.740) -------(0.330) (70.060) (76.120) 1.440 1.440 (5.690) -(5.690) 5.260 -5.260

10-K 3/1/2007 Complete 193.320 29.940 29.940 52.110 -52.110 ----------------(4.510) --(8.320) (12.830) 262.540 (32.150) --(32.150) (352.130) -------(2.390) (354.510) (386.670) 10.770 10.770 (20.400) -(20.400) 0.000 -1.570

10-Q 11/9/2006 Complete 136.590 21.630 21.630 38.690 -38.690 ----------------(0.770) --(42.620) (43.390) 153.530 (23.550) --(23.550) (103.390) -------(1.380) (104.780) (128.320) 6.240 6.240 (15.290) -(15.290) ----

10-Q 8/9/2006 Complete 85.780 13.930 13.930 25.540 -25.540 ----------------13.100 --(32.590) (19.490) 105.760 (16.810) --(16.810) (63.450) -------(0.870) (64.320) (81.130) 13.410 13.410 (10.190) -(10.190) ----

10-Q 5/10/2006 Complete 37.690 6.620 6.620 12.390 -12.390 -------------------0.640 0.640 57.330 (9.770) --(9.770) (5.840) -------(0.910) (6.750) (16.520) --(5.050) -(5.050) 8.380 -8.380

10-K 3/16/2006 Complete 153.180 28.410 28.410 42.910 -42.910 -------------------56.810 56.810 281.300 (24.760) --(24.760) (329.930) -------(1.170) (331.110) (355.870) 0.000 0.000 (18.150) -(18.150) 0.000 -1.100

-----15.260 --17.030 ---93.100 (65.500) 27.600 --27.600 29.550 8.320 239.290 69.480 308.770 50.160 101.910 ----

--------12.920 ----0.000 (50.670) --(50.670) (47.040) 6.000 56.450 69.480 125.930 ------

--------------23.620 --23.620 29.180 2.140 50.630 69.480 120.100 ------

--------5.260 -----28.350 --28.350 29.360 0.640 10.960 69.480 80.440 ------

-----20.690 --22.260 ---158.410 (32.750) 125.660 --125.660 138.290 2.200 16.360 53.120 69.480 43.720 93.280 ----

-----13.260 --13.260 ----(24.560) (43.860) --(43.860) (39.650) 2.200 (12.240) 53.120 40.880 ------

--------------(29.320) --(29.320) (26.100) 1.740 0.270 53.120 53.380 ------

--------8.380 -----(30.510) --(30.510) (27.180) 0.410 14.040 53.120 67.160 ------

-----14.590 --15.690 ---40.600 (32.750) 7.850 --7.850 5.380 (7.120) (76.300) 129.420 53.120 38.610 25.760 ----

2007 Q4

2007 Q3

2007 Q2

2007 Q1

2006 Q4

2006 Q3

2006 Q2

2006 Q1

2005 Q4

16.8% 8.3% 8.4%

16.5% 8.8% 8.6%

16.2% 8.4% 8.2%

15.9% 8.2% 7.8%

15.5% 7.7% 7.3%

15.6% 7.7% 7.5%

15.1% 7.2% 7.0%

14.4% 6.9% 6.7%

13.7% 6.5% 6.3%

$331.1 727.5 -1,789.8 $2,848.4

$322.2 656.2 -1,713.2 $2,691.5

$314.3 736.0 -1,623.4 $2,673.7

$308.0 748.1 -1,538.3 $2,594.4

$299.9 726.9 -1,486.8 $2,513.6

$291.5 564.1 -1,419.5 $2,275.0

$284.7 584.4 -1,361.5 $2,230.6

$277.5 587.3 -1,299.0 $2,163.8

$273.3 621.0 -1,249.8 $2,144.1

$0.74

$0.75

$0.71

$0.69

$0.68

$0.72

$0.70

$0.69

$0.68

$250 2,102 11.9%

$235 2,007 11.7%

$220 1,902 11.6%

$207 1,796 11.5%

$193 1,701 11.4%

$187 1,628 11.5%

$175 1,566 11.2%

$163 1,503 10.8%

$153 1,454 10.5%

$2,102 3,453 0.6x

$2,007 3,252 0.6x

$1,902 3,204 0.6x

$1,796 3,113 0.6x

$1,701 2,995 0.6x

$1,628 2,680 0.6x

$1,566 2,627 0.6x

$1,503 2,534 0.6x

$1,454 2,522 0.6x

7.2%

7.2%

6.9%

6.7%

6.5%

7.0%

6.7%

6.4%

6.1%

3,453 1,487 2.3x

3,252 1,419 2.3x

3,204 1,361 2.4x

3,113 1,299 2.4x

2,995 1,250 2.4x

2,680 1,202 2.2x

2,627 1,161 2.3x

2,534 1,133 2.2x

2,522 1,114 2.3x

16.8%

16.5%

16.2%

15.9%

15.5%

15.6%

15.1%

14.4%

13.7%

$1,058 $620 $0 $93 $134 $212

$1,008 $596 $0 $92 $124 $196

$955 $569 $0 $89 $115 $182

$907 $544 $0 $86 $108 $169

$861 $524 $0 $82 $100 $156

$825 $503 $0 $79 $89 $154

$791 $488 $0 $76 $83 $145

$756 $476 $0 $73 $73 $135

$726 $462 $0 $71 $67 $126

$331 $727 $1,790 $2,848

$322 $656 $1,713 $2,692

$314 $736 $1,623 $2,674

$308 $748 $1,538 $2,594

$300 $727 $1,487 $2,514

$291 $564 $1,419 $2,275

$285 $584 $1,361 $2,231

$277 $587 $1,299 $2,164

$273 $621 $1,250 $2,144

8.4%

8.6%

8.2%

7.8%

7.3%

7.5%

7.0%

6.7%

6.3%

$344 ($30) $314

$336 ($28) $308

$292 ($28) $264

$262 ($28) $234

$263 ($32) $230

$259 ($32) $227

$286 ($31) $255

$300 ($29) $271

$281 ($25) $257

$250

$235

$220

$207

$193

$187

$175

$163

$153

125.5%

131.2%

120.0%

112.9%

119.2%

121.2%

145.2%

166.1%

167.5%

2005 Q3 9/30/2005 3 Months Update 9/30/2005 10-Q 11/9/2005 Complete 365.160 ---365.160 ---365.160 180.410 -180.410 184.760 114.980 --114.980 0 ------------------------

2005 Q2 6/30/2005 3 Months Update 6/30/2005 10-Q 8/9/2005 Complete 361.560 ---361.560 ---361.560 181.620 -181.620 179.940 117.550 --117.550 0 ------------------------

2005 Q1 2004 Q4 3/31/2005 12/31/2004 3 Months 3 Months Update Update 3/31/2005 12/31/2004 10-Q 10-K 5/10/2005 3/16/2005 Complete Complete 333.840 276.550 ------333.840 276.550 ------333.840 276.550 171.210 136.530 --171.210 136.530 162.620 140.020 110.760 87.820 ----110.760 87.820 0 0 -----------------------------------8.170 -8.170 ---------

2004 Q3 9/30/2004 3 Months Update 9/30/2004 10-Q 11/5/2004 Complete 240.140 ---240.140 ---240.140 120.570 -120.570 119.570 74.150 --74.150 0 ------------------------

2004 Q2 6/30/2004 3 Months Update 6/30/2004 10-Q 8/3/2004 Complete 232.430 ---232.430 ---232.430 116.420 -116.420 116.020 75.310 --75.310 0 ------------------------

---295.390 69.780 (11.440) -(11.440) ----(11.440) ----0.870 0.870 59.210 20.010 39.190 ---39.190 -----39.190 ------39.190 39.190 85.430 0.460 0.460 0.000 39.190 87.100 0.450 0.450 0.050 ------

---299.170 62.390 (10.960) -(10.960) ----(10.960) ----0.230 0.230 51.670 16.100 35.560 ---35.560 -----35.560 ------35.560 35.560 85.430 0.420 0.420 0.000 35.560 86.930 0.410 0.410 0.050 ------

---281.970 51.860 (10.380) -(10.380) ----(10.380) ----0.010 0.010 41.500 13.490 28.010 ---28.010 -----28.010 ------28.010 28.010 84.920 0.330 0.330 0.000 28.010 86.310 0.320 0.320 0.050 ------

---232.520 44.030 (7.780) -(7.780) ----(7.780) ----(0.590) (0.590) 35.660 10.880 24.790 ---24.790 -0.000 --0.000 24.790 ------24.790 24.790 76.520 0.320 0.320 0.000 24.790 77.840 0.320 0.320 0.050 ------

---194.720 45.420 (7.330) -(7.330) ----(7.330) ----(0.020) (0.020) 38.080 10.690 27.380 ---27.380 -0.000 --0.000 27.380 ------27.380 27.380 74.080 0.370 0.370 0.000 27.380 75.350 0.360 0.360 0.050 ------

---191.730 40.710 (6.840) -(6.840) ----(6.840) ----0.010 0.010 33.880 10.330 23.550 ---23.550 -0.000 --0.000 23.550 ------23.550 23.550 73.730 0.320 0.320 0.000 23.550 74.940 0.310 0.310 0.050 ------

--4.570 ---------59.210 -20.010 39.190 39.190 0.460 0.450 2.010 37.180 0.440 0.430 -11.440 -7.020 --11.100 -------------------------

--4.550 ---------51.670 -16.100 35.560 35.560 0.420 0.410 2.660 32.900 0.390 0.380 -10.960 -6.260 --10.710 -------------------------

--4.530 ---------41.500 -13.490 28.010 28.010 0.330 0.320 0.800 27.210 0.320 0.320 -10.380 -7.430 --10.300 -------------------------

--4.510 --------8.170 43.830 2.490 13.370 30.460 30.460 0.400 0.390 0.080 24.700 0.330 0.320 -7.780 -4.820 --6.740 -------------------------

--3.570 ---------38.080 -10.690 27.380 27.380 0.370 0.360 2.760 24.620 0.330 0.330 -7.330 -4.590 --5.620 -------------------------

--3.560 ---------33.880 -10.330 23.550 23.550 0.320 0.310 2.770 20.780 0.280 0.280 -6.840 -4.370 --5.540 -------------------------

2005 Q3 9/30/2005 Update 9/30/2005 10-Q 11/9/2005 Complete -79.100 -79.100 --254.970 --254.970 51.540 26.390 82.090 (25.670) -134.350 --22.400 -45.270 67.670 536.090 ---------94.480 --1,286.150 --456.050 ------

2005 Q2 6/30/2005 Update 6/30/2005 10-Q 8/9/2005 Complete -68.400 -68.400 --249.060 --249.060 54.800 26.640 85.210 (28.280) -138.360 --20.660 -50.710 71.370 527.200 ---------100.000 --1,270.480 --485.510 ------

2005 Q1 2004 Q4 3/31/2005 12/31/2004 Update Update 3/31/2005 12/31/2004 10-Q 10-K 5/10/2005 3/16/2005 Complete Complete --98.230 129.420 --98.230 129.420 ----245.670 242.010 ----245.670 242.010 50.920 50.130 26.580 24.850 86.560 84.230 (27.460) (26.930) --136.600 132.280 ----20.550 20.490 --32.950 31.960 53.500 52.450 533.990 556.160 ------------------97.310 97.950 ----1,153.240 1,144.040 ----497.750 487.170 -----------

2004 Q3 9/30/2004 Update 9/30/2004 10-Q 11/5/2004 Complete -102.420 -102.420 --169.590 --169.590 41.760 17.420 76.260 (26.130) -109.320 --20.670 -9.020 29.690 411.010 ---------74.190 --739.420 --297.020 ------

2004 Q2 6/30/2004 Update 6/30/2004 10-Q 8/3/2004 Complete -74.730 -74.730 --161.830 --161.830 -----109.000 --29.960 -15.030 45.000 390.560 ---------75.840 --736.010 --301.060 ------

------7.920 20.990 29.250 34.210 10.830 2.120 ------------43.430 45.470 44.540 46.880 40.670 39.670 51.350 66.460 73.790 81.090 51.500 41.790 2,424.110 2,449.650 2,356.070 2,366.400 1,573.140 1,545.260 60.090 62.710 59.940 65.800 46.170 51.370 ------138.180 141.340 131.970 145.880 80.010 77.990 0.000 0.000 0.000 0.000 0.000 0.000 266.010 35.980 36.340 36.530 20.950 20.180 ---------------------0.000 --------4.110 4.110 4.330 5.340 1.640 1.640 ------------4.110 4.110 4.330 5.340 1.640 1.640 468.390 244.140 232.580 253.550 148.770 151.190 597.720 883.260 844.540 855.360 594.750 599.260 ------597.720 883.260 844.540 855.360 594.750 599.260 863.730 919.240 880.880 891.890 615.700 619.450 137.020 141.620 128.570 125.980 55.430 53.600 137.020 141.620 128.570 125.980 55.430 53.600 ------------------19.400 19.160 17.410 17.420 18.690 18.830 ------19.400 19.160 17.410 17.420 18.690 18.830 1,222.530 1,288.170 1,223.090 1,252.320 817.630 822.870 ------------------------------------------------0.880 0.440 0.440 0.440 0.380 0.380 ------0.880 0.440 0.440 0.440 0.380 0.380 666.160 669.140 657.780 650.920 333.990 329.380 504.310 469.690 438.670 415.190 394.910 371.100 (22.850) (22.950) (23.060) (23.160) (23.230) (23.310) ------------53.090 54.400 63.870 76.250 49.930 45.660 -------------

-(9.240) (4.720) (5.540) (0.470) (0.830) 53.090 45.160 59.150 70.710 49.460 44.830 1,201.590 1,161.480 1,132.980 1,114.090 755.510 722.380 2,424.110 2,449.650 2,356.070 2,366.400 1,573.140 1,545.260 85.800 85.580 85.200 42.420 74.310 74.010 ------------------85.800 85.580 85.200 42.420 74.310 74.010 ---1.180 --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------2005 Q3 9/30/2005 9 Months Update 9/30/2005

2005 Q2 6/30/2005 6 Months Update 6/30/2005

2005 Q1 2004 Q4 3/31/2005 12/31/2004 3 Months 12 Months Update Update 3/31/2005 12/31/2004

2004 Q3 9/30/2004 9 Months Update 9/30/2004

2004 Q2 6/30/2004 6 Months Update 6/30/2004

10-Q 11/9/2005 Complete 102.770 20.790 20.790 32.040 -32.040 -------------------20.330 20.330 175.930 (16.060) --(16.060) (181.090) -------(1.010) (182.100) (198.160) 13.120 13.120 (13.590) -(13.590) 0.000 -0.000

10-Q 8/9/2005 Complete 63.570 13.680 13.680 21.010 -21.010 ----------------17.710 --(14.590) 3.120 101.380 (10.500) --(10.500) (177.380) -------(1.600) (178.980) (189.480) 8.790 8.790 (9.030) -(9.030) 0.000 -0.000

10-Q 5/10/2005 Complete 28.010 7.430 7.430 10.300 -10.300 -------------------(7.120) (7.120) 38.620 (5.060) --(5.060) (52.520) -------(0.970) (53.490) (58.550) 0.000 0.000 (4.510) -(4.510) 4.300 -4.300

10-K 3/16/2005 Complete 93.850 18.260 18.260 23.130 -23.130 -------------------29.590 29.590 164.830 (12.140) --(12.140) (641.150) -------(5.110) (646.260) (658.400) --(14.200) -(14.200) 322.780 -323.380

10-Q 11/5/2004 Complete 69.070 13.440 13.440 16.390 -16.390 -------------------2.670 2.670 101.560 (8.110) --(8.110) (51.860) -------(3.520) (55.380) (63.490) 10.880 10.880 (10.680) -(10.680) 28.870 -28.870

10-Q 8/3/2004 Complete 41.680 8.850 8.850 10.770 -10.770 -------------------4.650 4.650 65.940 (5.130) --(5.130) (51.510) -------(1.310) (52.820) (57.940) 6.180 6.180 (7.100) -(7.100) 28.870 -28.870

--------0.000 ----(24.560) (22.020) --(22.020) (22.490) (5.600) (50.320) 129.420 79.100 ------

--------0.000 -----32.890 --32.890 32.650 (5.570) (61.020) 129.420 68.400 ------

--------4.300 ----(8.410) (8.410) --(8.410) (8.620) (2.650) (31.190) 129.420 98.230 ------

-----15.820 --339.210 ---647.830 (424.470) 223.370 --223.370 548.370 4.390 59.190 70.230 129.420 20.350 9.010 ----

--------28.870 ----(34.950) (34.950) --(34.950) (5.880) 0.000 32.180 70.230 102.420 ------

--------28.870 ----(30.750) (30.750) --(30.750) (2.800) (0.700) 4.500 70.230 74.730 ------

2005 Q3

2005 Q2

2005 Q1

2004 Q4

2004 Q3

2004 Q2

16.9% 8.1% 8.1%

16.0% 7.5% 7.8%

$266.0 597.7 -1,201.6 $2,065.3

$36.0 883.3 -1,161.5 $2,080.7

$36.3 844.5 -1,133.0 $2,013.9

$36.5 855.4 -1,114.1 $2,006.0

$21.0 594.8 -755.5 $1,371.2

$20.2 599.3 -722.4 $1,341.8

$0.65

$0.58

$128 1,337 9.5%

$116 1,212 9.5%

$1,337 2,424 0.6x

$1,212 2,450 0.5x

5.3%

4.7%

2,424 756 3.2x

2,450 722 3.4x

16.9%

16.0%

$667 $431 $0 $64 $60 $111

$602 $390 $0 $56 $51 $104

$266 $598 $1,202 $2,065

$36 $883 $1,161 $2,081

8.1%

7.8%

$239 ($20) $219

$200 ($18) $183

$128

$116

171.8%

157.9%

$36 $845 $1,133 $2,014

$37 $855 $1,114 $2,006

$21 $595 $756 $1,371

$20 $599 $722 $1,342

All Financial Reports

Flowserve Corp Income Statement - Annual Standardised in Millions of US Dollar Fiscal Period: 2008 2007 Period End Date: 12/31/2008 12/31/2007 Period Length: 12 Months 12 Months Update Type: Update Update Update Date: 12/31/2008 12/31/2007 Source 10-K 10-K Source Date: 2/25/2009 2/27/2008 Complete Statement: Complete Complete Auditor Code: PWCL PWCL Net Sales 4,473.470 3,762.690 Gross Revenue --Sales Returns and Allowances --Excise Tax Receipts --Revenue 4,473.470 3,762.690 Interest Income, Non-Bank --Other Revenue --Other Revenue, Total --Total Revenue 4,473.470 3,762.690 Cost of Revenue 2,893.160 2,514.970 Excise Taxes Payments --Cost of Revenue, Total 2,893.160 2,514.970 Gross Profit 1,580.310 1,247.720 Selling/General/Administrative Expense 984.400 856.500 Labor & Related Expense --Advertising Expense --Selling/General/Admin. Expenses, Total 984.400 856.500 Research & Development 0 0 Depreciation --Amortization of Intangibles --Amortization of Acquisition Costs --Depreciation/Amortization --Interest Expense - Operating --Interest Capitalized - Operating --Interest Expense, Net - Operating --Interest Income - Operating --Investment Income - Operating (16.960) (18.700) Interest/Investment Income - Operating (16.960) (18.700) Interest Expense(Income) - Net Operating --Interest Exp.(Inc.),Net-Operating, Total (16.960) (18.700) Purchased R&D Written-Off --Restructuring Charge --Litigation --Impairment-Assets Held for Use --Impairment-Assets Held for Sale --Other Unusual Expense (Income) -0.430 Unusual Expense (Income) -0.430 Foreign Currency Adjustment --Unrealized Losses (Gains) --Minimum Pension Liability Adjustment ---

2006 2005 2004 12/31/2006 12/31/2005 12/31/2004 12 Months 12 Months 12 Months Update Restated Restated 12/31/2006 12/31/2006 12/31/2006 10-K 10-K 10-K 3/1/2007 3/1/2007 3/1/2007 Complete Complete Complete PWCL PWCL PWCL 3,061.060 2,695.280 2,522.490 ---------3,061.060 2,695.280 2,522.490 ---------3,061.060 2,695.280 2,522.490 2,053.760 1,824.720 1,759.330 ---2,053.760 1,824.720 1,759.330 1,007.300 870.560 763.160 782.500 684.270 605.150 ------782.500 684.270 605.150 0 0 0 ------------------------(14.820) (12.530) (8.070) (14.820) (12.530) (8.070) ---(14.820) (12.530) (8.070) ---------------0.690 27.740 2.710 0.690 27.740 2.710 ----------

Loss(Gain) on Sale of Assets - Operating Other Operating Expense Other, Net Other Operating Expenses, Total Total Operating Expense Operating Income Interest Expense - Non-Operating Interest Capitalized - Non-Operating Interest Expense, Net Non-Operating Interest Income - Non-Operating Investment Income - Non-Operating Interest/Invest Income - Non-Operating Interest Income(Exp), Net Non-Operating Interest Inc.(Exp.),Net-Non-Op., Total Gain (Loss) on Sale of Assets Foreign Currency Adjustment Unrealized Gains (Losses) Minimum Pension Liability Adjustment Other Non-Operating Income (Expense) Other, Net Net Income Before Taxes Provision for Income Taxes Net Income After Taxes Minority Interest Equity In Affiliates U.S. GAAP Adjustment Net Income Before Extra. Items Accounting Change Discontinued Operations Extraordinary Item Tax on Extraordinary Items Total Extraordinary Items Net Income Preferred Dividends General Partners' Distributions Miscellaneous Earnings Adjustment Pro Forma Adjustment Interest Adjustment - Primary EPS Total Adjustments to Net Income Income Available to Com Excl ExtraOrd Income Available to Com Incl ExtraOrd Basic Weighted Average Shares Basic EPS Excluding Extraordinary Items Basic EPS Including Extraordinary Items Dilution Adjustment Diluted Net Income Diluted Weighted Average Shares Diluted EPS Excluding ExtraOrd Items Diluted EPS Including ExtraOrd Items DPS - Common Stock Primary Issue Dividends per Share - Com Stock Issue 2 Dividends per Share - Com Stock Issue 3 Dividends per Share - Com Stock Issue 4 Special DPS - Common Stock Primary Issue

--------------------3,860.600 3,353.210 2,822.140 2,524.200 2,359.120 612.870 409.490 238.930 171.080 163.370 (51.290) (60.120) (65.690) (74.130) (80.410) -----(51.290) (60.120) (65.690) (74.130) (80.410) 8.390 4.320 7.610 3.400 1.940 -----8.390 4.320 7.610 3.400 1.940 -----(42.900) (55.800) (58.080) (70.730) (78.470) --------------------20.160 6.380 6.430 (8.350) (14.060) 20.160 6.380 6.430 (8.350) (14.060) 590.130 360.070 187.280 92.000 70.850 147.720 104.290 73.240 40.580 42.100 442.410 255.770 114.040 51.420 28.750 ---------------442.410 255.770 114.040 51.420 28.750 -----0.000 0.000 0.990 (34.350) (1.680) ----------0.000 0.000 0.990 (34.350) (1.680) 442.410 255.770 115.030 17.070 27.070 ------------------------------442.410 255.770 114.040 51.420 28.750 442.410 255.770 115.030 17.070 27.070 56.600 56.450 55.960 55.470 55.070 7.820 4.530 2.040 0.930 0.520 7.820 4.530 2.060 0.310 0.490 -----442.410 255.770 115.030 17.070 27.070 57.180 57.290 56.910 56.690 55.650 7.740 4.460 2.000 0.910 0.520 7.740 4.460 2.020 0.300 0.490 1.000 0.600 0.000 0.000 0.000 ---------------------

Special DPS - Common Stock Issue 2 Special DPS - Common Stock Issue 3 Special DPS - Common Stock Issue 4 Gross Dividends - Common Stock (Gain) Loss on Sale of Assets, Suppl. Impairment-Assets Held for Sale, Suppl. Impairment-Assets Held for Use, Suppl. Litigation Charge, Supplemental Purchased R&D Written-Off, Supplemental Restructuring Charge, Supplemental Other Unusual Expense(Income), Suppl. Non-Recurring Items, Supplemental, Total Total Special Items Normalized Income Before Taxes Effect of Special Items on Income Taxes Inc Tax Ex Impact of Sp Items Normalized Income After Taxes Normalized Inc. Avail to Com. Basic Normalized EPS Diluted Normalized EPS Pro Forma Stock Compensation Expense Net Income after Stock Based Comp. Exp. Basic EPS after Stock Based Comp. Exp. Diluted EPS after Stock Based Comp. Exp. Stock-Based Compensation, Supplemental Interest Expense, Supplemental Interest Capitalized, Supplemental Depreciation, Supplemental Funds From Operations - REIT Amort of Acquisition Costs, Supplemental Amort of Intangibles, Supplemental Rental Expense, Supplemental EPS, Supplemental Advertising Expense, Supplemental Equity in Affiliates, Supplemental Minority Interest, Supplemental Research & Development Exp, Supplemental Audit Fees Audit-Related Fees Tax Fees All Other Fees Reported Recurring Revenue Reported Net Premiums Written Reported Total Revenue Reported Operating Revenue Reported Total Cost of Revenue Reported Total Sales, General & Admin. Reported Gross Profit Reported Operating Profit Reported Operating Profit Margin Reported Ordinary Profit Reported Net Income After Tax Reported Basic EPS Reported Diluted EPS

---57.210 ---------590.130 -147.720 442.410 442.410 7.820 7.740 ----32.700 51.290 -52.600 --9.860 43.600 --16.960 -34.000 10.320 0.920 0.760 0.120 ------1,580.310 612.870 ------

---34.400 --------0.430 360.500 0.120 104.420 256.080 256.080 4.540 4.470 ----25.350 60.120 -49.500 --9.880 39.300 --18.700 -29.100 12.210 0.110 0.280 0.000 ------1,247.720 409.920 ------

---0.000 --------0.690 187.970 0.270 73.510 114.460 114.460 2.050 2.010 ----25.090 65.690 -46.700 --10.500 29.300 --14.820 -17.800 14.400 0.510 0.130 0.050 --------------

---0.000 --------27.740 119.750 12.240 52.820 66.930 66.930 1.210 1.180 2.670 14.410 0.260 0.250 -74.130 -46.900 --10.040 22.100 --12.530 -24.300 19.300 0.200 0.210 0.020 --------------

---0.000 --------2.710 73.560 1.610 43.710 29.850 29.850 0.540 0.540 1.100 25.970 0.470 0.470 -80.410 -62.470 --10.690 19.700 --8.070 -25.200 ------------------

Reported Net Business Profits

--

--

--

--

--

Balance Sheet (Differentiates) Annual - Standardised in Millions of US Dollar Fiscal Period: 2008 2007 2006 2005 2004 Period End Date: 12/31/2008 12/31/2007 12/31/2006 12/31/2005 12/31/2004 Update Type: Update Update Update Restated Reclassified Update Date: 12/31/2008 12/31/2007 12/31/2006 12/31/2006 12/31/2005 Source 10-K 10-K 10-K 10-K 10-K Source Date: 2/25/2009 2/27/2008 3/1/2007 3/1/2007 6/30/2006 Complete Statement: Complete Complete Complete Complete Complete Auditor Code: PWCL PWCL PWCL PWCL PWCL Cash -----Cash & Equivalents 471.790 370.580 67.000 92.860 63.760 Short Term Investments -----Cash and Short Term Investments 471.790 370.580 67.000 92.860 63.760 Accounts Receivable - Trade, Gross 766.290 609.980 504.860 444.310 329.440 Provision for Doubtful Accounts (23.670) (14.220) (13.140) (14.270) (7.280) Accounts Receivable - Trade, Net 742.630 595.770 491.730 430.040 322.160 Notes Receivable - Short Term -----Receivables - Other 65.900 70.970 60.090 42.910 139.960 Total Receivables, Net 808.520 666.730 551.820 472.950 462.120 Inventories - Finished Goods 264.750 246.830 225.160 200.420 214.930 Inventories - Work In Progress 635.490 499.660 354.810 201.950 197.850 Inventories - Raw Materials 241.950 221.270 167.220 126.720 123.150 Inventories - Other (307.580) (287.550) (199.820) (112.680) (114.450) LIFO Reserve ----(33.080) Total Inventory 834.610 680.200 547.370 416.410 388.400 Prepaid Expenses 90.350 71.380 38.210 26.030 54.160 Restricted Cash - Current 0.260 2.660 3.460 3.630 0.000 Deferred Income Tax - Current Asset 126.890 105.220 95.030 97.950 81.230 Discountinued Operations - Current Asset -----Other Current Assets -----Other Current Assets, Total 127.150 107.880 98.480 101.580 81.230 Total Current Assets 2,332.430 1,896.770 1,302.880 1,109.830 1,049.670 Buildings - Gross 512.190 495.910 422.840 383.660 402.930 Land/Improvements - Gross 70.910 73.790 69.530 63.500 66.370 Machinery/Equipment - Gross 559.130 494.470 459.560 395.170 408.490 Construction in Progress - Gross -----Leases - Gross -----Natural Resources - Gross -----Other Property/Plant/Equipment - Gross -----Property/Plant/Equipment, Total - Gross 1,142.230 1,064.170 951.930 842.320 877.790 Accumulated Depreciation, Total (594.990) (575.280) (509.030) (444.700) (444.980) Property/Plant/Equipment, Total - Net 547.240 488.890 442.890 397.620 432.810 Goodwill - Gross -----Accumulated Goodwill Amortization -----Goodwill, Net 828.400 853.270 851.120 834.860 865.350 Intangibles - Gross 203.620 208.310 208.930 200.280 203.080 Accumulated Intangible Amortization (81.700) (73.580) (65.580) (54.030) (45.180) Intangibles, Net 121.920 134.730 143.360 146.250 157.890 LT Investment - Affiliate Companies 56.190 64.130 50.060 41.240 34.260 LT Investments - Other -----Long Term Investments 56.190 64.130 50.060 41.240 34.260

Note Receivable - Long Term Deferred Charges Pension Benefits - Overfunded Defered Income Tax - Long Term Asset Discontinued Operations - LT Asset Restricted Cash - Long Term Other Long Term Assets Other Long Term Assets, Total Total Assets Accounts Payable Payable/Accrued Accrued Expenses Notes Payable/Short Term Debt Current Port. of LT Debt/Capital Leases Dividends Payable Customer Advances Security Deposits Income Taxes Payable Other Payables Deferred Income Tax - Current Liability Discontinued Operations - Curr Liability Other Current Liabilities Other Current liabilities, Total Total Current Liabilities Long Term Debt Capital Lease Obligations Total Long Term Debt Total Debt Deferred Income Tax - LT Liability Deferred Income Tax Minority Interest Reserves Pension Benefits - Underfunded Other Long Term Liabilities Discontinued Operations - Liabilities Other Liabilities, Total Total Liabilities Redeemable Preferred Stock Redeemable Convertible Preferred Stock Redeemable Preferred Stock, Total Preferred Stock - Non Redeemable Convertible Preferred Stock - Non Rdmbl Treasury Stock - Preferred General Partner Preferred Stock - Non Redeemable, Net Common Stock Limited Partner Common Stock, Total Additional Paid-In Capital Retained Earnings (Accumulated Deficit) Treasury Stock - Common ESOP Debt Guarantee Unrealized Gain (Loss) Translation Adjustment

37.610 16.180 -------------32.560 13.820 25.730 33.750 10.430 ----------67.370 52.630 53.190 50.110 83.620 99.930 66.450 78.920 83.860 94.050 4,023.700 3,520.420 2,869.240 2,613.660 2,634.040 598.500 513.170 412.870 316.710 316.550 -----472.540 416.730 334.340 314.360 321.070 0.000 0.000 0.000 0.000 0.000 27.730 7.180 8.050 12.370 44.100 14.970 9.230 ---428.370 252.120 119.370 42.940 17.360 -----51.220 44.940 4.520 20.050 9.340 -----14.670 6.800 4.890 5.040 0.000 ----------509.220 313.100 128.780 68.040 26.700 1,608.000 1,250.180 884.040 711.480 708.410 521.970 548.200 550.170 652.770 657.750 23.650 2.600 6.350 --545.620 550.800 556.520 652.770 657.750 573.350 557.980 564.570 665.140 701.840 17.390 43.310 36.610 32.610 23.090 17.390 43.310 36.610 32.610 23.090 6.430 7.240 4.100 -------274.350 221.520 253.210 270.960 291.920 204.150 154.400 114.180 92.450 82.650 -----478.500 375.920 367.390 363.410 374.560 2,655.930 2,227.440 1,848.650 1,760.260 1,763.810 ----------------------------------------73.480 73.390 73.290 72.020 72.020 -----73.480 73.390 73.290 72.020 72.020 586.370 561.730 543.160 477.200 472.180 1,159.630 774.370 582.770 467.740 434.330 (248.070) (101.780) (95.260) (37.550) (48.170) ----------------

Other Equity Minimum Pension Liability Adjustment Other Comprehensive Income Other Equity, Total Total Equity Total Liabilities & Shareholders' Equity Shares Outs - Common Stock Primary Issue Shares Outstanding - Common Issue 2 Shares Outstanding - Common Issue 3 Shares Outstanding - Common Issue 4 Total Common Shares Outstanding Treas Shares - Common Stock Prmry Issue Treasury Shares - Common Issue 2 Treasury Shares - Common Issue 3 Treasury Shares - Common Issue 4 Shares Outstanding - Preferred Issue 1 Shares Outstanding - Preferred Issue 2 Shares Outstanding - Preferred Issue 3 Shares Outstanding - Preferred Issue 4 Shares Outstanding - Preferred Issue 5 Shares Outstanding - Preferred Issue 6 Total Preferred Shares Outstanding Treasury Shares - Preferred Issue 1 Treasury Shares - Preferred Issue 2 Treasury Shares - Preferred Issue 3 Treasury Shares - Preferred Issue 4 Treasury Shares - Preferred Issue 5 Treasury Shares - Preferred Issue 6 Full-Time Employees Part-Time Employees Number of Common Shareholders Accumulated Goodwill Amortization Suppl. Accumulated Intangible Amort, Suppl. Deferred Revenue - Current Deferred Revenue - Long Term Total Risk-Weighted Capital Tier 1 Capital % Total Capital % Trading Account Credit Exposure Non-Performing Loans Assets under Management Reported Total Assets Reported Total Liabilities Shareholders' Equity Excl. Stock Subscr. Reported Shareholder's Equity Reported Net Assets Reported Net Assets to Total Assets Reported Return on Assets Reported Return on Equity

----------(203.640) (14.730) (83.370) (126.000) (60.130) (203.640) (14.730) (83.370) (126.000) (60.130) 1,367.770 1,292.980 1,020.590 853.410 870.230 4,023.690 3,520.420 2,869.240 2,613.660 2,634.040 55.220 56.310 56.020 55.970 55.470 ---------------55.220 56.310 56.020 55.970 55.470 3.570 2.410 2.610 1.640 2.150 --------------------------------------------------------------------------------15,000.000 15,000.000 14,000.000 13,000.000 14,000.000 -----1,717.000 1,747.000 1,839.000 1,904.000 1,855.000 -----81.700 73.580 65.580 54.030 45.180 428.370 252.120 119.370 42.940 17.360 ---------------------------------------------------------------------------------

Cash Flow (Indirect) - Annual - Standardised in Millions of US Dollar [+] Add Item Fiscal Period: 2008 2007 2006 2005 2004 Period End Date: 12/31/2008 12/31/2007 12/31/2006 12/31/2005 12/31/2004 Period Length: 12 Months 12 Months 12 Months 12 Months 12 Months

Update Type: Update Update Update Reclassified Reclassified Update Date: 12/31/2008 12/31/2007 12/31/2006 12/31/2006 12/31/2006 Source 10-K 10-K 10-K 10-K 10-K Source Date: 2/25/2009 2/27/2008 3/1/2007 3/1/2007 3/1/2007 Complete Statement: Complete Complete Complete Complete Complete Auditor Code: PWCL PWCL PWCL PWCL PWCL Net Income/Starting Line 442.410 255.770 115.030 17.070 27.070 Depreciation 71.580 67.840 60.500 59.850 62.470 Depreciation/Depletion 71.580 67.840 60.500 59.850 62.470 Amortization of Intangibles 9.860 9.880 10.500 10.040 10.690 Amortization of Acquisition Costs -----Amortization 9.860 9.880 10.500 10.040 10.690 Deferred Taxes (52.590) (17.680) 4.520 (27.570) (1.870) Accounting Change -----Discontinued Operations 0.000 0.000 (1.660) 3.810 (7.390) Extraordinary Item -----Unusual Items (8.500) (7.180) 2.140 29.780 (4.230) Purchased R&D -----Equity in Net Earnings (Loss) (8.520) (10.620) (6.660) (7.780) 1.000 Other Non-Cash Items 21.990 15.160 9.400 47.460 7.850 Non-Cash Items 4.980 (2.640) 3.220 73.280 (2.770) Accounts Receivable (195.100) (82.370) (40.830) (37.190) 39.390 Inventories (195.530) (101.780) (98.360) (20.600) 20.960 Prepaid Expenses (21.660) (26.570) (6.550) 3.650 8.900 Other Assets (18.180) (9.790) (8.910) 3.800 (1.000) Accounts Payable 99.770 75.200 58.740 28.830 46.590 Accrued Expenses 228.940 230.560 76.690 47.640 32.060 Payable/Accrued -----Taxes Payable -----Other Liabilities 31.540 18.960 (11.370) (31.350) 25.030 Other Assets & Liabilities, Net -----Other Operating Cash Flow -----Changes in Working Capital (70.220) 104.200 (30.580) (5.230) 171.910 Cash from Operating Activities 406.030 417.370 163.190 127.450 267.500 Purchase of Fixed Assets (126.930) (88.980) (73.530) (49.270) (45.240) Purchase/Acquisition of Intangibles -----Software Development Costs -----Capital Expenditures (126.930) (88.980) (73.530) (49.270) (45.240) Acquisition of Business 0.000 (2.310) (7.980) 0.000 (9.430) Sale of Business -----Sale of Fixed Assets 7.310 13.400 0.000 0.000 12.590 Sale/Maturity of Investment -----Investment, Net -----Purchase of Investments -----Sale of Intangible Assets -----Intangible, Net -----Other Investing Cash Flow 2.400 0.790 3.830 9.960 28.000 Other Investing Cash Flow Items, Total 9.710 11.890 (4.150) 9.960 31.160 Cash from Investing Activities (117.220) (77.090) (77.680) (39.310) (14.080) Other Financing Cash Flow 12.530 10.540 17.410 (9.320) (0.670) Financing Cash Flow Items 12.530 10.540 17.410 (9.320) (0.670) Cash Dividends Paid - Common (51.480) (25.680) 0.000 0.000 -Cash Dividends Paid - Preferred -----Total Cash Dividends Paid (51.480) (25.680) 0.000 0.000 0

Sale/Issuance of Common Repurchase/Retirement of Common Common Stock, Net Sale/Issuance of Preferred Repurchase/Retirement of Preferred Preferred Stock, Net Sale/Issuance of Common/Preferred Repurch./Retirement of Common/Preferred Options Exercised Warrants Converted Treasury Stock Issuance (Retirement) of Stock, Net Short Term Debt Issued Short Term Debt Reduction Short Term Debt, Net Long Term Debt Issued Long Term Debt Reduction Long Term Debt, Net Total Debt Issued Total Debt Reduction Issuance (Retirement) of Debt, Net Cash from Financing Activities Foreign Exchange Effects Net Change in Cash Net Cash - Beginning Balance Net Cash - Ending Balance Cash Interest Paid Cash Taxes Paid Reported Cash from Operating Activities Reported Cash from Investing Activities Reported Cash from Financing Activities

ROE ROA ROIC

Short-term Debt Long-Term Debt Preferred Stock Equity Common Stock Equity Invested Capital $ Revenue / $ Invested Capital

0 (164.950) (164.950) -----11.940 --(153.010) --14.940 0 (5.680) (5.680) --9.260 (182.700) (4.880) 101.220 370.580 471.790 49.630 112.550 ----

0 (44.800) (44.800) -----16.690 --(28.110) --(3.750) 0.000 (2.840) (2.840) --(6.590) (49.840) 13.140 303.580 67.000 370.580 59.550 64.660 ----

0 (63.170) (63.170) -----39.920 --(23.250) --(3.410) 0.000 (105.280) (105.280) --(108.690) (114.540) 3.170 (25.860) 92.860 67.000 63.870 65.830 ----

0 0.000 0.000 -----1.110 --1.110 --(16.520) 600.000 (628.540) (28.540) --(45.060) (53.270) (5.760) 29.110 63.760 92.860 72.990 40.700 ----

0 0.000 0.000 -----6.790 --6.790 --0.000 98.840 (355.570) (256.730) --(256.730) (250.610) 7.420 10.240 53.520 63.760 75.000 35.630 ----

2008

2007

2006

2005

2004

34.2% 12.6% 19.8%

25.1% 8.9% 13.2%

13.4% 4.4% 5.3%

5.9% 2.0% 4.8%

3.5% 1.1% 2.4%

$27.7 522.0 -1,367.8 $1,917.5

$7.2 548.2 -1,293.0 $1,848.4

$8.1 550.2 -1,020.6 $1,578.8

$12.4 652.8 -853.4 $1,518.6

$44.1 657.8 -870.2 $1,572.1

$2.33

$2.04

$1.94

$1.77

$1.60

$442 4,473 9.9%

$256 3,763 6.8%

$114 3,061 3.7%

$51 2,695 1.9%

$29 2,522 1.1%

$4,473 4,024

$3,763 3,520

$3,061 2,869

$2,695 2,614

$2,522 2,634

DuPont ROE Analysis Net Income Revenue Profit Margin Revenue Total Assets

Asset Utilization

1.1x

1.1x

1.1x

1.0x

1.0x

Return on Assets

11.0%

7.3%

4.0%

2.0%

1.1%

Total Assets Beginning Common Equity Leverage

4,024 1,293 3.1x

3,520 1,021 3.4x

2,869 853 3.4x

2,614 870 3.0x

2,634 822 3.2x

Return on Equity 3-year average 5-year average 10-year average

34.2% 24.2% 16.4% 10.1%

25.1%

13.4%

5.9%

3.5%

Gross Profit SG&A R&D D&A Taxes NOPAT

$1,580 $984 $0 $81 $148 $367

$1,248 $857 $0 $78 $104 $209

$1,007 $783 $0 $71 $73 $81

$871 $684 $0 $70 $41 $76

$763 $605 $0 $73 $42 $43

ST debt LT debt Equity Invested Capital

$28 $546 $1,368 $1,941

$7 $551 $1,293 $1,851

$8 $557 $1,021 $1,585

$12 $653 $853 $1,519

$44 $658 $870 $1,572

ROIC 3-year average 5-year average 10-year average

19.8% 12.8% 9.1% 8.3%

13.2%

5.3%

4.8%

2.4%

OCF Capex FCF

$406 ($127) $279

$417 ($89) $328

$163 ($74) $90

$127 ($49) $78

$268 ($45) $222

$442

$256

$114

$51

$29

63.1% 90.0% 239.0% 324.0%

128.4%

78.6%

152.0%

773.1%

Net Income FCF Conversion (FCF/NI) 3-year average 5-year average 10-year average Assumptions Growth Rate Net Operating Profit Margin Tax Rate Dep % of Revs. Investment Rate % of Revs. Working Cap. % of Revs 10 year average OCF Std. dev of 10 year OCF Beta

2008 18.9% 11.5% 25.0% 1.8% 2.8% 21.9% $187 $153 0.82

3-year 18.5% 8.3% 31.0% 2.1% 2.5% 20.9%

Average 5-year 10- year 14.9% 15.9% 6.5% 5.6% 39.3% 34.4% 2.3% 2.9% 2.2% 2.1% 19.6% 25.5%

2008

2007

2006

2005

2004

$4,473 18.9%

$3,763 22.9%

$3,061 13.6%

$2,695 6.8%

$2,522 12.2%

Net Income Dividends Retained Earning Retention Rate

$442 $51 $391 88.4%

$256 $26 $230 90.0%

$114 $0 $114 100.0%

$51 $0 $51 100.0%

$29 $0 $29 100.0%

ROE

34.2%

25.1%

13.4%

5.9%

3.5%

Growth (b*ROE)

30.2%

22.5%

13.4%

5.9%

3.5%

Clean Operating Income % of Revenues

$514 11.5%

$314 8.3%

$154 5.0%

$116 4.3%

$85 3.4%

Taxes % of Pre-tax income

$148 25.0%

$104 29.0%

$73 39.1%

$41 44.1%

$42 59.4%

Depreciation % of Revenues

$81 1.8%

$78 2.1%

$71 2.3%

$70 2.6%

$73 2.9%

Capex % of Revenues

($127) 2.8%

($89) 2.4%

($74) 2.4%

($49) 1.8%

($45) 1.8%

Accounts Receivable Inventories Payables Working Capital % of Revenues

$743 835 599 $979 21.9%

$596 680 513 $763 20.3%

$492 547 413 $626 20.5%

$430 416 317 $530 19.7%

$322 388 317 $394 15.6%

Revenue growth

2003 2002 2001 2000 12/31/2003 12/31/2002 12/31/2001 12/31/2000 12 Months 12 Months 12 Months 12 Months Restated Restated Restated Restated 12/31/2005 12/31/2004 12/31/2003 12/31/2002 10-K 10-K 10-K 10-K/A 6/30/2006 2/13/2006 4/27/2004 4/27/2004 Complete Complete Complete Complete PWCL PWCL PWCL PWCL 2,248.850 2,228.040 1,917.330 1,538.290 ------------2,248.850 2,228.040 1,917.330 1,538.290 ------------2,248.850 2,228.040 1,917.330 1,538.290 1,565.930 1,561.700 1,313.790 1,033.580 ----1,565.930 1,561.700 1,313.790 1,033.580 682.920 666.340 603.540 504.710 511.420 478.220 411.340 361.620 --------511.420 478.220 411.340 361.620 0 0 0 0 -----------------------------------------------------4.350 (1.210) 19.360 ------------19.290 27.420 88.020 35.210 19.290 31.760 86.810 54.580 -------------

1999 12/31/1999 12 Months Reclassified 12/31/2002 10-K/A 4/27/2004 Complete PWCL 1,061.270 ---1,061.270 ---1,061.270 697.930 -697.930 363.340 301.530 --301.530 0 -------------15.860 ---14.210 30.070 ----

1998 1997 1996 1995 12/31/1998 12/31/1997 12/31/1996 12/31/1995 12 Months 12 Months 12 Months 12 Months Reclassified Update Restated Restated 12/31/2002 12/31/1997 12/31/1997 12/31/1997 10-K/A 10-K405 10-K405 10-K405 4/27/2004 3/31/1998 3/31/1998 3/31/1998 Complete Complete Complete Complete PWCL EY EY EY 1,083.090 1,152.200 1,097.650 983.920 ------------1,083.090 1,152.200 1,097.650 983.920 ------------1,083.090 1,152.200 1,097.650 983.920 667.750 703.320 668.720 591.550 ----667.750 703.320 668.720 591.550 415.330 448.880 428.930 392.370 291.930 285.890 283.360 264.430 --------291.930 285.890 283.360 264.430 0 26.890 24.520 24.650 ----------------------------------------------------0.000 44.530 5.780 5.040 ------------38.330 6.980 0.000 0.000 38.330 51.510 5.780 5.040 -------------

--------------------2,096.640 2,071.680 1,811.940 1,449.770 1,029.520 152.210 156.350 105.400 88.520 31.750 (83.720) (95.480) (119.640) (72.750) (15.500) -----(83.720) (95.480) (119.640) (72.750) (15.500) 4.130 2.550 1.510 2.260 ------4.130 2.550 1.510 2.260 ------(79.590) (92.930) (118.130) (70.490) (15.500) --------------------(4.410) (1.060) 1.660 1.730 2.000 (4.410) (1.060) 1.660 1.730 2.000 68.210 62.370 (11.080) 19.760 18.250 17.740 29.670 (0.590) 6.880 6.070 50.480 32.700 (10.490) 12.890 12.180 ---------------50.480 32.700 (10.490) 12.890 12.180 ---0.000 0.000 (6.010) 2.060 ------(2.070) 0.000 -----(6.010) 2.060 -(2.070) 0.000 44.460 34.760 (10.490) 10.820 12.180 ------------------------------50.480 32.700 (10.490) 12.890 12.180 44.460 34.760 (10.490) 10.820 12.180 55.140 52.190 38.720 37.820 37.810 0.920 0.630 (0.270) 0.340 0.320 0.810 0.670 (0.270) 0.290 0.320 0.000 0.000 0.000 0.000 0.000 44.460 34.760 (10.490) 10.820 12.180 55.250 52.190 39.330 37.840 37.860 0.910 0.630 (0.270) 0.340 0.320 0.800 0.670 (0.270) 0.290 0.320 0.000 0.000 0.000 0.000 0.560 ---------------------

-----0.000 -0.000 998.010 1,067.620 85.080 84.580 (13.180) (13.280) --(13.180) (13.280) --------(13.180) (13.280) -11.380 ------1.250 7.110 1.250 7.110 73.160 89.790 25.500 38.220 47.660 51.570 ------47.660 51.570 1.220 0.000 --0.000 ---1.220 0.000 48.880 51.570 ------------47.660 51.570 48.880 51.570 39.900 40.900 1.190 1.260 1.230 1.260 0.000 -48.880 51.570 39.900 40.900 1.190 1.260 1.230 1.260 0.560 0.580 ---------

--0.000 0.000 982.380 115.270 (12.140) -(12.140) ----(12.140) 0.000 ---5.230 5.230 108.350 37.250 71.100 ---71.100 0.000 ---0.000 71.100 ------71.100 71.100 41.360 1.720 1.720 -71.100 41.360 1.720 1.720 0.570 -----

--0.000 0.000 885.670 98.250 (12.290) -(12.290) ----(12.290) 0.000 ---2.460 2.460 88.410 34.390 54.020 ---54.020 0.000 ---0.000 54.020 ------54.020 54.020 41.650 1.300 1.300 0.000 54.020 41.650 1.300 1.300 0.510 -----

---0.000 --------19.290 87.510 5.020 22.750 64.760 64.760 1.170 1.170 2.810 41.650 0.760 0.750 -83.720 -61.640 --10.530 22.000 ----24.900 ------------------

---0.000 --------31.760 94.130 15.110 44.780 49.350 49.350 0.950 0.950 3.090 31.670 0.610 0.610 -95.480 -55.810 --8.670 23.000 ----23.900 ------------------

---0.000 --------86.810 75.730 30.380 29.790 45.940 45.940 1.190 1.170 2.870 (13.360) (0.350) (0.350) -119.640 -48.890 --24.960 14.040 ----23.400 ------------------

---0.000 --------54.580 74.340 18.980 25.860 48.480 48.480 1.280 1.280 3.820 7.000 0.190 0.190 -72.750 -42.680 --14.360 13.020 ----24.800 ------------------

---21.170 --------30.070 48.310 10.000 16.070 32.240 32.240 0.850 0.850 -----15.500 -35.050 --4.550 ------------------------

---22.310 --------38.330 111.480 13.360 38.860 72.620 72.620 1.820 1.820 -----13.180 -35.110 --4.190 ------------------------

---23.450 --------40.140 129.930 17.090 55.310 74.620 74.620 1.820 1.820 3.340 48.220 1.180 1.180 -13.280 -35.280 --3.660 15.000 ----26.890 ------------------

---23.300 --------5.780 114.130 1.990 39.240 74.890 74.890 1.810 1.810 1.940 69.160 1.670 1.670 -12.140 -33.450 --3.210 15.100 ----24.520 ------------------

---21.170 --------5.040 93.450 1.960 36.350 57.100 57.100 1.370 1.370 0.920 53.100 1.270 1.270 -12.290 -29.800 --4.650 13.200 ----24.650 ------------------

--

--

--

--

--

--

--

--

--

2003 2002 2001 2000 1999 1998 1997 1996 1995 12/31/2003 12/31/2002 12/31/2001 12/31/2000 12/31/1999 12/31/1998 12/31/1997 12/31/1996 12/31/1995 Restated Update Restated Reclassified Update Reclassified Reclassified Restated Reclassified 12/31/2004 12/31/2002 12/31/2002 12/31/2001 12/31/1999 12/31/1999 12/31/1998 12/31/1997 12/31/1996 10-K 10-K/A 10-K/A 10-K 10-K 10-K 10-K405 10-K405 10-K405 2/13/2006 4/27/2004 4/27/2004 3/12/2002 3/24/2000 3/24/2000 3/19/1999 3/31/1998 3/14/1997 Complete Complete Complete Complete Complete Complete Complete Complete Complete PWCL PWCL PWCL PWCL EY EY EY EY EY ---------53.520 49.250 21.500 42.340 30.460 24.930 58.600 38.930 19.430 ---------53.520 49.250 21.500 42.340 30.460 24.930 58.600 38.930 19.430 427.530 511.430 476.480 505.760 219.330 238.720 239.500 228.100 105.370 (18.640) (21.010) (20.800) (18.480) (5.710) (4.530) (5.060) (4.830) (1.410) 408.890 490.420 455.680 487.270 213.630 234.190 234.440 223.270 103.960 ---------97.060 --------505.950 490.420 455.680 487.270 213.630 234.190 234.440 223.270 103.960 230.230 246.130 265.090 239.880 -----229.050 220.840 136.330 119.870 182.490 226.840 216.380 210.860 88.040 115.700 107.000 62.820 59.400 29.670 26.090 18.080 16.810 5.120 (135.840) (122.320) (87.640) (75.720) (5.750) (15.020) (10.900) (7.210) -(26.760) (32.430) (33.940) (37.480) (38.070) (38.620) (38.610) (38.040) -412.370 419.220 342.660 305.960 168.360 199.290 184.940 182.420 93.160 26.090 29.540 39.420 22.750 41.340 28.890 36.680 24.410 8.170 ---------64.590 26.070 39.650 39.730 -----------------------64.590 26.070 39.650 39.730 -----1,062.520 1,014.500 898.900 898.050 453.790 487.290 514.660 469.040 224.720 392.030 369.900 344.680 331.290 189.560 179.590 151.000 151.230 56.950 63.120 56.470 46.660 48.430 16.310 17.860 18.700 19.300 4.560 400.550 386.000 265.390 275.970 293.310 290.730 291.560 284.520 186.470 ------------------------------------855.700 812.360 656.730 655.690 499.180 488.170 461.270 455.050 247.980 (411.840) (348.660) (295.040) (265.130) (289.210) (279.140) (251.760) (243.310) (144.250) 443.860 463.700 361.690 405.410 209.980 209.030 209.510 211.740 103.720 ------------------871.960 842.620 515.880 506.580 -----203.080 194.570 144.460 146.170 117.970 113.940 89.450 98.120 43.510 (34.000) (18.070) (13.380) (6.980) (21.530) (14.060) (5.270) (5.080) (4.250) 169.080 176.500 131.080 139.200 96.440 99.880 84.180 93.040 39.260 34.420 31.870 16.340 20.380 7.090 5.330 3.840 5.100 4.580 ---------34.420 31.870 16.340 20.380 7.090 5.330 3.840 5.100 4.580

---31.740 --66.920 98.660 2,680.510 250.610 -270.260 0.000 71.040 -16.170 -0.000 ----16.170 608.080 879.010 0.750 879.770 950.800 34.470 34.470 --275.920 59.810 -335.730 1,858.050 --------72.020 -72.020 477.440 410.130 (62.580) ----

---------34.920 61.680 66.980 ------52.950 58.360 73.550 87.880 120.040 140.530 2,617.060 2,043.930 2,110.140 233.510 181.340 172.370 ---227.770 180.480 243.550 0.000 0.000 0.000 38.610 44.520 18.100 ---4.180 13.750 ----2.310 -----4.940 --------11.430 13.750 -511.310 420.090 434.020 1,055.120 995.770 1,110.920 0.630 0.460 0.190 1,055.750 996.220 1,111.110 1,094.360 1,040.750 1,129.210 1.720 36.670 78.380 1.720 36.670 78.380 ------277.070 146.760 122.150 49.940 44.560 59.580 ---327.000 191.320 181.730 1,895.780 1,644.300 1,805.230 ------------------------72.020 60.520 51.860 ---72.020 60.520 51.860 477.640 211.110 65.790 390.090 344.590 357.500 (63.810) (82.720) (92.550) ----------

1.980 -0.000 33.910 --34.970 68.880 838.150 72.100 -111.820 0.730 3.130 ---7.880 ----7.880 195.660 197.030 0.980 198.010 201.870 26.230 26.230 --65.360 44.620 -109.970 529.880 --------51.860 -51.860 67.960 344.250 (93.450) ----

2.910 -11.460 22.100 --32.200 65.760 870.200 76.750 -107.030 3.490 14.390 ---17.470 ----17.470 219.130 183.200 3.100 186.290 204.170 16.980 16.980 --64.310 38.730 -103.040 525.430 --------51.860 -51.860 70.700 353.250 (90.400) ----

3.360 -8.700 25.900 --29.870 64.470 880.030 68.240 -128.800 5.640 12.210 ---15.550 ----15.550 230.440 125.530 3.410 128.940 146.790 15.950 15.950 --65.030 44.400 -109.430 484.750 --------51.860 -51.860 70.660 326.680 (23.150) ----

--7.830 16.440 --26.600 50.860 829.780 68.010 -93.700 5.780 16.610 ---4.960 ----4.960 189.060 134.800 9.160 143.960 166.360 9.960 9.960 --65.720 32.460 -98.170 441.150 --------51.850 -51.850 72.630 298.560 (27.460) ----

--7.890 5.970 --9.230 23.090 395.370 31.500 -44.460 3.720 6.600 ---3.450 ----3.450 89.720 49.820 1.940 51.760 62.080 ----47.190 10.940 -58.120 199.600 --------30.510 -30.510 6.020 158.750 (0.210) ----

--------(74.550) (154.650) (133.880) (77.680) (74.550) (154.650) (133.880) (77.680) 822.460 721.280 399.620 304.910 2,680.510 2,617.060 2,043.930 2,110.140 54.840 54.820 44.790 37.440 ------------54.840 54.820 44.790 37.440 2.780 2.790 3.620 4.050 ----------------------------------------------------------------13,000.000 14,000.000 11,000.000 10,000.000 ----4,431.000 12,450.000 1,800.000 2,000.000 ----34.000 18.070 13.380 6.980 16.170 4.180 13.750 ------------------------------------------------------------------

--(62.350) (62.350) 308.270 838.150 37.410 ---37.410 4.070 ----------------7,000.000 -2,200.000 -21.530 ------------------

--(40.640) (40.640) 344.760 870.200 37.670 ---37.670 3.820 ----------------7,000.000 -2,300.000 -14.060 ------------------

--(30.770) (30.770) 395.270 880.030 40.600 ---40.600 0.880 ----------------7,200.000 ---5.270 ------------------

----(6.970) 0.700 (6.970) 0.700 388.620 195.770 829.780 395.370 40.400 24.400 ------40.400 24.400 1.080 0.010 ---------------------------------- 3,900.000 ---- 2,380.000 --5.080 4.250 -----------------------------------

2003 2002 2001 2000 1999 1998 1997 1996 1995 12/31/2003 12/31/2002 12/31/2001 12/31/2000 12/31/1999 12/31/1998 12/31/1997 12/31/1996 12/31/1995 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months

Restated Restated Restated Reclassified Reclassified Update Update Restated Restated 12/31/2004 12/31/2004 12/31/2002 12/31/2002 12/31/2000 12/31/1998 12/31/1997 12/31/1997 12/31/1997 10-K 10-K 10-K/A 10-K/A 10-K 10-K405 10-K405 10-K405 -2/13/2006 2/13/2006 4/27/2004 4/27/2004 3/29/2001 3/19/1999 3/31/1998 3/31/1998 -Complete Complete Complete Complete Complete Complete Complete Complete Complete PWCL PWCL PWCL PWCL EY EY EY EY EY 44.460 34.760 (10.490) 10.820 12.180 48.880 51.570 71.100 54.020 61.640 55.810 48.890 42.680 35.050 35.110 35.280 33.450 29.800 61.640 55.810 48.890 42.680 35.050 35.110 35.280 33.450 29.800 10.530 8.670 24.960 14.360 4.550 4.190 3.660 3.210 4.650 ---------10.530 8.670 24.960 14.360 4.550 4.190 3.660 3.210 4.650 1.020 (2.100) (17.750) (2.790) (1.820) 1.030 (1.480) 1.900 (1.930) ----0.000 (1.220) 0.000 0.000 0.000 0.000 0.000 ----------------3.490 5.040 7.550 6.040 3.270 0.060 (7.380) 0.550 0.190 ------------------5.740 11.260 24.060 4.090 -----9.230 16.310 31.610 10.130 3.270 (1.160) (7.380) 0.550 0.190 23.820 67.830 15.780 (70.100) 12.720 3.020 (18.400) (8.650) (11.740) 29.410 36.360 (44.600) (7.270) 28.360 (11.510) (9.940) (1.570) (30.530) 5.150 17.210 (17.020) 8.770 (12.910) 8.720 (10.290) (1.010) (2.180) 1.420 (16.060) (9.560) (17.860) 2.620 (11.070) (13.230) 0.100 (0.330) ------1.570 (7.240) 9.520 (5.290) 1.750 (54.890) (24.500) 6.330 (25.850) 48.810 (5.680) 7.780 16.990 (2.590) (2.190) 21.450 (1.920) 5.650 -------(12.400) 1.050 (2.010) 0.150 2.030 -------------0.000 (0.250) (1.340) (3.820) (3.040) (17.070) 31.090 (12.510) 32.750 8.070 (3.710) 13.200 5.860 (0.200) 54.430 135.590 (124.980) (56.770) 30.880 (33.940) 8.370 (21.860) (28.700) 181.300 249.030 (47.750) 18.430 84.120 54.100 90.000 88.360 58.030 (28.790) (30.880) (35.230) (27.820) (40.540) (38.250) (39.560) (35.690) (39.930) ------------------(28.790) (30.880) (35.230) (27.820) (40.540) (38.250) (39.560) (35.690) (39.930) 0.000 (535.070) (1.690) (770.710) (5.740) (19.950) (10.460) (13.240) (21.520) ---------2.210 8.720 8.720 5.400 --------------------------------------------------0.000 0.000 --0.000 (0.430) 20.570 (0.260) 1.620 2.210 (526.350) 7.040 (765.310) (5.740) (20.380) 10.110 (13.500) (19.910) (26.580) (557.220) (28.190) (793.130) (46.280) (58.630) (29.450) (49.190) (59.830) (1.770) (6.080) (17.320) (47.490) (3.030) -0.000 0.130 (2.960) (1.770) (6.080) (17.320) (47.490) (3.030) -0.000 0.130 (2.960) --0.000 0.000 (21.170) (22.310) (26.120) (23.300) (20.930) ---------0 0 0.000 0.000 (21.170) (22.310) (26.120) (23.300) (20.930)

0.000 -0.000 -----0.000 --0.000 --2.970 0.000 (164.000) (164.000) --(161.030) (162.800) 12.610 4.530 48.990 53.520 78.660 37.730 ----

275.930 -275.930 -----16.850 --292.780 --(70.000) 794.880 (683.920) 110.950 --40.950 327.650 8.040 27.490 21.500 48.990 87.920 4.900 ----

154.020 0.000 154.020 -----8.000 --162.020 --70.000 0.420 (155.580) (155.160) --(85.160) 59.540 (4.440) (20.840) 42.340 21.500 125.190 15.440 ----

0.000 0.000 0.000 -----0.620 --0.620 --(91.010) 1,284.470 (358.490) 925.980 --834.970 788.100 (1.520) 11.880 30.460 42.340 45.700 19.880 ----

0.000 (5.250) (5.780) --------(5.780) --(13.650) 18.780 (6.370) 12.410 --(1.240) (31.220) (1.090) 5.540 24.930 30.460 16.130 19.340 ----

-(64.510) (59.740) --------(59.740) --(2.310) 76.950 (20.210) 56.740 --54.420 (27.630) (1.520) (33.670) 58.600 24.930 11.190 23.580 ----

2.580 0.000 2.580 --------2.580 --0.580 0.930 (15.760) (14.830) --(14.260) (37.790) (3.090) 19.670 38.930 58.600 13.420 27.640 ----

2.330 (27.840) (25.510) --------(25.510) --(12.720) 36.300 (0.070) 36.230 --23.510 (25.160) (3.670) 10.340 28.600 38.930 12.270 31.490 ----

0.570 (0.040) 0.530 --------0.530 --27.280 12.060 (14.520) (2.460) --24.820 1.450 0.160 (0.180) 28.780 28.600 13.040 28.080 ----

2003

2002

2001

2000

1999

1998

1997

1996

1995

7.0% 1.9% 4.5%

8.2% 1.6% 6.5%

(3.4%) (0.5%) 8.3%

4.2% 1.5% 15.5%

3.5% 1.4% 2.9%

12.1% 5.4% 10.8%

13.3% 6.2% 10.6%

36.3% 18.0% 18.3%

31.0% 15.7% 15.1%

$71.0 879.0 -822.5 $1,772.5

$38.6 1,055.1 -721.3 $1,815.0

$44.5 995.8 -399.6 $1,439.9

$18.1 1,110.9 -304.9 $1,433.9

$3.9 197.0 -308.3 $509.2

$17.9 183.2 -344.8 $545.8

$17.9 125.5 -395.3 $538.7

$22.4 134.8 -388.6 $545.8

$10.3 49.8 -195.8 $255.9

$1.27

$1.23

$1.33

$1.07

$2.08

$1.98

$2.14

$2.01

$3.84

$50 2,249 2.2%

$33 2,228 1.5%

($10) 1,917 (0.5%)

$13 1,538 0.8%

$12 1,061 1.1%

$48 1,083 4.4%

$52 1,152 4.5%

$71 1,098 6.5%

$54 984 5.5%

$2,249 2,681

$2,228 2,617

$1,917 2,044

$1,538 2,110

$1,061 838

$1,083 870

$1,152 880

$1,098 830

$984 395

0.8x

0.9x

0.9x

0.7x

1.3x

1.2x

1.3x

1.3x

2.5x

1.9%

1.2%

(0.5%)

0.6%

1.5%

5.5%

5.9%

8.6%

13.7%

2,681 721 3.7x

2,617 400 6.5x

2,044 305 6.7x

2,110 308 6.8x

838 345 2.4x

870 395 2.2x

880 389 2.3x

830 196 4.2x

395 174 2.3x

7.0%

8.2%

(3.4%)

4.2%

3.5%

12.1%

13.3%

36.3%

31.0%

$683 $511 $0 $72 $18 $82

$666 $478 $0 $64 $30 $94

$604 $411 $0 $74 ($1) $119

$505 $362 $0 $57 $7 $79

$363 $302 $0 $40 $6 $16

$415 $292 $0 $39 $26 $59

$449 $286 $27 $39 $38 $59

$429 $283 $25 $37 $37 $47

$392 $264 $25 $34 $34 $34

$71 $880 $822 $1,773

$39 $1,056 $721 $1,816

$45 $996 $400 $1,440

$18 $1,111 $305 $1,434

$4 $198 $308 $510

$18 $186 $345 $549

$18 $129 $395 $542

$22 $144 $389 $555

$10 $52 $196 $258

4.5%

6.5%

8.3%

15.5%

2.9%

10.8%

10.6%

18.3%

15.1%

$181 ($29) $153

$249 ($31) $218

($48) ($35) ($83)

$18 ($28) ($9)

$84 ($41) $44

$54 ($38) $16

$90 ($40) $50

$88 ($36) $53

$58 ($40) $18

$50

$33

($10)

$13

$12

$48

$52

$71

$54

667.1%

791.0%

(72.8%)

357.8%

33.3%

97.8%

74.1%

33.5%

302.1%

2003

2002

2001

2000

1999

1998

1997

1996

1995

$2,249 0.9%

$2,228 16.2%

$1,917 24.6%

$1,538 44.9%

$1,061 (2.0%)

$1,083 (6.0%)

$1,152 5.0%

$1,098 11.6%

$984 8.2%

$50 $0 $50 100.0%

$33 $0 $33 100.0%

($10) $0 ($10) 100.0%

$13 $0 $13 100.0%

$12 $21 ($9) NA

$48 $22 $25 53.2%

$52 $26 $25 49.4%

$71 $23 $48 67.2%

$54 $21 $33 61.3%

7.0%

8.2%

(3.4%)

4.2%

3.5%

12.1%

13.3%

36.3%

31.0%

7.0%

8.2%

(3.4%)

4.2%

0.0%

6.4%

6.5%

24.4%

19.0%

$99 4.4%

$124 5.5%

$118 6.2%

$86 5.6%

$22 2.1%

$84 7.8%

$97 8.4%

$84 7.7%

$69 7.0%

$18 26.0%

$30 47.6%

($1) 5.3%

$7 34.8%

$6 33.3%

$26 34.9%

$38 42.6%

$37 34.4%

$34 38.9%

$72 3.2%

$64 2.9%

$74 3.9%

$57 3.7%

$40 3.7%

$39 3.6%

$39 3.4%

$37 3.3%

$34 3.5%

($29) 1.3%

($31) 1.4%

($35) 1.8%

($28) 1.8%

($41) 3.8%

($38) 3.5%

($40) 3.4%

($36) 3.3%

($40) 4.1%

$409 412 251 $571 25.4%

$490 419 234 $676 30.3%

$456 343 181 $617 32.2%

$487 306 172 $621 40.4%

$214 168 72 $310 29.2%

$234 199 77 $357 32.9%

$234 185 68 $351 30.5%

$223 182 68 $338 30.8%

$104 93 32 $166 16.8%

1994 1993 1992 1991 1990 1989 12/31/1994 12/31/1993 12/31/1992 12/31/1991 12/31/1990 12/31/1989 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months Restated Restated Update Update Update Update 12/31/1997 12/31/1997 12/31/1992 12/31/1991 12/31/1990 12/31/1989 ------------Complete Complete Complete Complete Complete Complete ------909.230 849.030 300.360 296.490 296.790 281.000 ------------------909.230 849.030 300.360 296.490 296.790 281.000 ------------------909.230 849.030 300.360 296.490 296.790 281.000 554.710 508.940 188.860 184.000 182.320 176.380 ------554.710 508.940 188.860 184.000 182.320 176.380 354.520 340.090 111.500 112.490 114.470 104.620 241.130 221.560 72.170 67.370 63.840 59.180 ------------241.130 221.560 72.170 67.370 63.840 59.180 24.530 25.170 9.190 11.030 10.230 8.300 ------------------------------------------------------------------------------0.000 22.730 5.970 ---------------------------0.000 22.730 5.970 ----------------------

--0.000 0.000 820.370 88.860 (12.210) -(12.210) ----(12.210) ----4.190 4.190 80.830 29.600 51.230 ---51.230 0.000 0.000 --0.000 51.230 ------51.230 51.230 41.630 1.230 1.230 0.000 51.230 41.630 1.230 1.230 0.420 -----

--0.000 0.000 778.390 70.640 (10.640) -(10.640) ----(10.640) ----2.430 2.430 62.420 22.880 39.550 ---39.550 (0.950) (16.450) --(17.390) 22.150 ------39.550 22.150 41.620 0.950 0.530 0.000 22.150 41.620 0.950 0.530 0.400 -----

--0.600 0.600 276.780 23.580 (2.920) -(2.920) ----(2.920) ----0.000 0.000 20.660 7.430 13.230 ---13.230 (21.060) 0.000 --(21.060) (7.830) ------13.230 (7.830) 19.070 0.690 (0.410) 0.000 (7.830) 19.070 0.690 (0.410) 0.400 -----

--0.050 0.050 262.440 34.050 (2.950) -(2.950) ----(2.950) ----0.000 0.000 31.100 11.500 19.600 ---19.600 0.000 ---0.000 19.600 ------19.600 19.600 19.000 1.030 1.030 0.000 19.600 19.000 1.030 1.030 0.370 -----

--3.530 3.530 259.910 36.880 (3.500) -(3.500) ----(3.500) ----0.000 0.000 33.380 12.470 20.910 ---20.910 0.000 ---0.000 20.910 ------20.910 20.910 18.800 1.110 1.110 0.000 20.910 18.800 1.110 1.110 0.330 -----

--0.800 0.800 244.660 36.340 (3.980) -(3.980) ----(3.980) ----0.000 0.000 32.360 12.630 19.730 ---19.730 0.000 ---0.000 19.730 ------19.730 19.730 18.760 1.050 1.050 0.000 19.730 18.760 1.050 1.050 0.310 -----

------------0.000 80.830 0.000 29.600 51.230 51.230 1.230 1.230 -----12.210 -34.050 --------24.530 ------------------

------------22.730 85.150 8.330 31.200 53.940 53.940 1.300 1.300 -----10.640 -16.930 --------25.170 ------------------

------------5.970 26.620 2.150 9.580 17.050 17.050 0.890 0.890 -----2.920 -11.790 --------9.190 ------------------

-------------31.100 -11.500 19.600 19.600 1.030 1.030 -----2.950 -9.870 --------11.030 ------------------

-------------33.380 -12.470 20.910 20.910 1.110 1.110 -----3.500 -8.900 --------10.230 ------------------

-------------32.360 -12.630 19.730 19.730 1.050 1.050 -----3.980 -7.550 --------8.300 ------------------

--

--

--

--

--

--

1994 1993 1992 1991 1990 1989 12/31/1994 12/31/1993 12/31/1992 12/31/1991 12/31/1990 12/31/1989 Restated Update Update Update Update Update 12/31/1995 12/31/1993 12/31/1992 12/31/1991 12/31/1990 12/31/1989 ------------Complete Complete Complete Complete Complete Complete ------------19.630 22.640 17.340 21.640 16.970 25.190 ------19.630 22.640 17.340 21.640 16.970 25.190 88.580 -----(1.470) -----87.110 57.200 53.610 52.300 54.590 49.660 ------------87.110 57.200 53.610 52.300 54.590 49.660 ------70.440 -----3.370 -----------------73.800 55.000 58.300 54.720 55.880 50.460 6.420 4.450 6.080 4.480 4.100 3.590 ------------------------------186.950 139.290 135.330 133.140 131.540 128.900 56.960 38.590 38.970 32.840 32.130 29.710 4.500 2.700 2.810 2.290 2.050 1.810 170.900 123.540 118.840 106.380 96.770 83.280 ------------------------232.360 164.820 160.620 141.510 130.950 114.800 (129.430) (91.050) (83.170) (76.330) (71.060) (63.810) 102.940 73.780 77.440 65.180 59.900 50.990 ------------------------------54.380 34.880 37.780 15.070 14.960 14.520 -------------------

------0.000 0.000 344.270 25.070 -35.140 5.910 5.050 ---1.370 ----1.370 72.530 43.000 -43.000 53.950 54.380 54.380 --0.000 --0.000 169.910 --------30.430 -30.430 5.580 138.840 0.000 ----

------0.000 0.000 247.940 14.140 -22.730 0.340 5.660 ---2.680 ----2.680 45.550 34.930 -34.930 40.930 39.900 39.900 --0.000 --0.000 120.370 --------15.790 -15.790 11.430 102.600 0.000 ----

------0.000 0.000 250.560 14.270 -23.160 1.220 6.460 ---5.760 ----5.760 50.880 41.960 -41.960 49.640 37.590 37.590 --0.000 --0.000 130.430 --------15.750 -15.750 10.990 94.070 0.000 ----

------0.000 0.000 213.390 16.100 -18.360 2.370 6.240 ---3.220 ----3.220 46.290 21.060 -21.060 29.680 9.290 9.290 --0.000 --0.000 76.650 --------15.690 -15.690 10.640 109.450 0.000 ----

------0.000 0.000 206.400 15.320 -20.030 2.750 5.190 ---3.330 ----3.330 46.610 26.790 -26.790 34.720 9.310 9.310 --0.000 --0.000 82.710 --------15.560 -15.560 9.030 96.870 0.000 ----

------0.000 0.000 194.400 15.810 -16.900 4.560 5.110 ---4.020 ----4.020 46.410 31.440 -31.440 41.120 9.520 9.520 --0.000 --0.000 87.380 --------15.530 -15.530 8.940 82.180 0.000 ----

--(0.490) (0.490) 174.350 344.270 24.340 ---24.340 ----------------------------------------

--(2.260) (2.260) 127.570 247.940 18.950 ---18.950 ----------------------------------------

--(0.680) (0.680) 120.130 250.560 18.830 ---18.830 ----------------------------------------

--0.960 0.960 136.740 213.390 18.830 ---18.830 ----------------------------------------

--2.230 2.230 123.680 206.400 18.670 ---18.670 ----------------------------------------

--0.380 0.380 107.020 194.400 18.630 ---18.630 ----------------------------------------

1994 1993 1992 1991 1990 1989 12/31/1994 12/31/1993 12/31/1992 12/31/1991 12/31/1990 12/31/1989 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months

Restated Restated Update Update Update Update 12/31/1995 12/31/1995 12/31/1992 12/31/1991 12/31/1990 12/31/1989 ------------Complete Complete Complete Complete Complete Complete ------24.400 18.750 13.230 19.600 20.910 19.730 18.310 16.930 11.790 9.870 8.900 7.550 18.310 16.930 11.790 9.870 8.900 7.550 0.000 0.000 0.000 0.000 0.000 0.000 ------0.000 0.000 0.000 0.000 0.000 0.000 (0.030) 5.470 22.860 0.020 (1.820) 1.760 0.000 (0.950) (21.060) 0.000 0.000 0.000 ------------(0.350) (0.160) 0.440 0.570 0.420 (0.810) ------------------(0.350) (1.100) (20.630) 0.570 0.420 (0.810) (4.840) (5.210) (0.010) 2.050 (4.480) (6.030) 2.910 3.840 (1.640) 0.920 (4.020) 0.990 1.160 2.020 (1.360) (0.340) (0.460) 0.430 0.000 0.000 0.000 0.000 0.000 0.000 ------------(0.710) (0.060) 1.250 (0.870) 2.090 (0.130) (1.760) (3.760) (0.670) (0.080) (0.820) (0.090) ------(0.020) 0.000 0.000 0.000 0.000 0.000 (0.390) 0.000 0.000 0.000 0.000 0.000 (3.640) (3.160) (2.430) 1.680 (7.690) (4.830) 38.700 36.880 24.820 31.750 20.710 23.410 (14.360) (12.100) (15.310) (15.410) (16.600) (13.370) ------------(14.360) (12.100) (15.310) (15.410) (16.600) (13.370) (14.900) 0.000 (25.250) 0.000 0.000 0.000 ------------------------------------------0.000 (2.910) (1.030) (0.530) 0.320 1.900 (14.900) (2.910) (26.280) (0.530) 0.320 1.900 (29.260) (15.000) (41.580) (15.940) (16.280) (11.470) 0.000 0.000 (1.300) (0.400) (2.120) 1.730 0.000 0.000 (1.300) (0.400) (2.120) 1.730 (9.900) (9.370) (7.550) (7.020) (6.220) (5.460) ------(9.900) (9.370) (7.550) (7.020) (6.220) (5.460)

-0.000 (4.030) --------(4.030) ------10.060 (11.650) (1.590) (15.510) (0.550) (6.630) --4.420 13.480 ----

-0.000 1.670 --------1.670 ------0.340 (8.630) (8.290) (15.990) (0.160) 5.730 --4.550 19.170 ----

-0.000 0.310 --------0.310 ------29.070 (6.280) 22.780 14.250 (1.780) (4.300) --2.460 10.450 ----

-0.000 0.510 --------0.510 ------0.560 (5.180) (4.620) (11.530) 0.390 4.670 --3.100 13.260 ----

-0.000 0.120 --------0.120 ------0.120 (5.190) (5.080) (13.290) 0.640 (8.210) --3.500 14.160 ----

-0.000 0.050 --------0.050 ------1.120 (5.300) (4.180) (7.850) (0.060) 4.020 --3.940 11.430 ---1989

1994

1993

1992

1991

1990

40.2% 20.7% 24.3%

32.9% 15.8% 31.5%

9.7% 6.2% 6.6%

15.8% 9.5% 8.0%

19.5% 10.8% 12.8%

$11.0 43.0 -174.4 $228.3

$6.0 34.9 -127.6 $168.5

$7.7 42.0 -120.1 $169.8

$8.6 21.1 -136.7 $166.4

$7.9 26.8 -123.7 $158.4

$9.7 31.4 -107.0 $148.1

$3.98

$5.04

$1.77

$1.78

$1.87

$1.90

$51 909 5.6%

$40 849 4.7%

$13 300 4.4%

$20 296 6.6%

$21 297 7.0%

$20 281 7.0%

$909 344

$849 248

$300 251

$296 213

$297 206

$281 194

2.6x

3.4x

1.2x

1.4x

1.4x

1.4x

14.9%

16.0%

5.3%

9.2%

10.1%

10.1%

344 128 2.7x

248 120 2.1x

251 137 1.8x

213 124 1.7x

206 107 1.9x

194 NA NA

40.2%

32.9%

9.7%

15.8%

19.5%

NA

$355 $241 $25 $18 $30 $41

$340 $222 $25 $17 $23 $54

$112 $72 $9 $12 $7 $11

$112 $67 $11 $10 $12 $13

$114 $64 $10 $9 $12 $19

$105 $59 $8 $8 $13 $17

$11 $43 $174 $228

$6 $35 $128 $169

$8 $42 $120 $170

$9 $21 $137 $166

$8 $27 $124 $158

$10 $31 $107 $148

24.3%

31.5%

6.6%

8.0%

12.8%

NA

$39 ($14) $24

$37 ($12) $25

$25 ($15) $10

$32 ($15) $16

$21 ($17) $4

$23 ($13) $10

$51

$40

$13

$20

$21

$20

47.5%

62.7%

71.9%

83.4%

19.7%

50.9%

1994

1993

1992

1991

1990

$909 7.1%

$849 182.7%

$300 1.3%

$296 (0.1%)

$297 5.6%

$281

1989

$51 $10 $41 80.7%

$40 $9 $30 76.3%

$13 $8 $6 42.9%

$20 $7 $13 64.2%

$21 $6 $15 70.3%

$20 $5 $14 72.3%

40.2%

32.9%

9.7%

15.8%

19.5%

0.0%

32.4%

25.1%

4.2%

10.2%

13.7%

0.0%

$71 7.8%

$76 9.0%

$18 6.1%

$24 8.2%

$32 10.6%

$30 10.5%

$30 36.6%

$23 36.7%

$7 36.0%

$12 37.0%

$12 37.4%

$13 39.0%

$18 2.0%

$17 2.0%

$12 3.9%

$10 3.3%

$9 3.0%

$8 2.7%

($14) 1.6%

($12) 1.4%

($15) 5.1%

($15) 5.2%

($17) 5.6%

($13) 4.8%

$87 74 25 $136 14.9%

$57 55 14 $98 11.5%

$54 58 14 $98 32.5%

$52 55 16 $91 30.7%

$55 56 15 $95 32.1%

$50 50 16 $84

All Financial Reports

Flowserve Corp Income Statement - Interim Standardised in Millions of US Dollar Fiscal Period: Period End Date: Period Length: Update Type: Update Date: Source Source Date: Complete Statement: Net Sales Gross Revenue Sales Returns and Allowances Excise Tax Receipts Revenue Interest Income, Non-Bank Other Revenue Other Revenue, Total Total Revenue Cost of Revenue Excise Taxes Payments Cost of Revenue, Total Gross Profit Selling/General/Administrative Expense Labor & Related Expense Advertising Expense Selling/General/Admin. Expenses, Total Research & Development Depreciation Amortization of Intangibles Amortization of Acquisition Costs Depreciation/Amortization Interest Expense - Operating Interest Capitalized - Operating Interest Expense, Net - Operating Interest Income - Operating Investment Income - Operating Interest/Investment Income - Operating Interest Expense(Income) - Net Operating Interest Exp.(Inc.),Net-Operating, Total Purchased R&D Written-Off Restructuring Charge Litigation Impairment-Assets Held for Use Impairment-Assets Held for Sale Other Unusual Expense (Income) Unusual Expense (Income) Foreign Currency Adjustment Unrealized Losses (Gains) Minimum Pension Liability Adjustment Loss(Gain) on Sale of Assets - Operating

2009 Q1 2008 Q4 2008 Q3 2008 Q2 2008 Q1 3/31/2009 12/31/2008 9/30/2008 6/30/2008 3/31/2008 3 Months 3 Months 3 Months 3 Months 3 Months Update Update Update Update Reclassified 3/31/2009 12/31/2008 9/30/2008 6/30/2008 3/31/2009 10-Q 10-K 10-Q 10-Q 10-Q 4/29/2009 2/25/2009 10/28/2008 7/30/2008 4/29/2009 Complete Complete Complete Complete Complete 1,024.730 1,168.960 1,153.590 1,157.610 993.320 ---------------1,024.730 1,168.960 1,153.590 1,157.610 993.320 ---------------1,024.730 1,168.960 1,153.590 1,157.610 993.320 650.870 757.390 748.670 739.640 647.470 -----650.870 757.390 748.670 739.640 647.470 373.860 411.570 404.920 417.970 345.850 221.500 255.700 244.670 250.900 232.500 ----------221.500 255.700 244.670 250.900 232.500 ---------------------------------------------(4.680) (3.090) (3.390) (4.510) (5.970) (4.680) (3.090) (3.390) (4.510) (5.970) -----(4.680) (3.090) (3.390) (4.510) (5.970) -----2.000 ---0.000 ---------------7.900 ---0.000 9.900 ---0.000 ---------------------

Other Operating Expense Other, Net Other Operating Expenses, Total Total Operating Expense Operating Income Interest Expense - Non-Operating Interest Capitalized - Non-Operating Interest Expense, Net Non-Operating Interest Income - Non-Operating Investment Income - Non-Operating Interest/Invest Income - Non-Operating Interest Income(Exp), Net Non-Operating Interest Inc.(Exp.),Net-Non-Op., Total Gain (Loss) on Sale of Assets Foreign Currency Adjustment Unrealized Gains (Losses) Minimum Pension Liability Adjustment Other Non-Operating Income (Expense) Other, Net Net Income Before Taxes Provision for Income Taxes Net Income After Taxes Minority Interest Equity In Affiliates U.S. GAAP Adjustment Net Income Before Extra. Items Accounting Change Discontinued Operations Extraordinary Item Tax on Extraordinary Items Total Extraordinary Items Net Income Preferred Dividends General Partners' Distributions Miscellaneous Earnings Adjustment Pro Forma Adjustment Interest Adjustment - Primary EPS Total Adjustments to Net Income Income Available to Com Excl ExtraOrd Income Available to Com Incl ExtraOrd Basic Weighted Average Shares Basic EPS Excluding Extraordinary Items Basic EPS Including Extraordinary Items Dilution Adjustment Diluted Net Income Diluted Weighted Average Shares Diluted EPS Excluding ExtraOrd Items Diluted EPS Including ExtraOrd Items DPS - Common Stock Primary Issue Dividends per Share - Com Stock Issue 2 Dividends per Share - Com Stock Issue 3 Dividends per Share - Com Stock Issue 4 Special DPS - Common Stock Primary Issue Special DPS - Common Stock Issue 2

------877.590 1,010.000 147.140 158.960 (10.110) (12.600) --(10.110) (12.600) 1.080 1.780 --1.080 1.780 --(9.030) (10.820) --------(9.300) 11.800 (9.300) 11.800 128.810 159.940 35.980 45.510 92.830 114.430 (0.520) -----92.310 114.430 ----------92.310 114.430 ------------92.310 114.430 92.310 114.430 55.960 55.880 1.650 2.050 1.650 2.050 0.000 -92.310 114.430 56.330 56.250 1.640 2.030 1.640 2.030 0.270 0.250 -----------

---989.950 163.640 (13.110) -(13.110) 2.150 -2.150 -(10.950) ----(8.690) (8.690) 144.000 26.950 117.050 ---117.050 -----117.050 ------117.050 117.050 56.730 2.060 2.060 -117.050 57.280 2.040 2.040 0.250 ------

---986.020 171.580 (12.730) -(12.730) 1.610 -1.610 -(11.130) ----0.580 0.580 161.030 38.170 122.860 ---122.860 -----122.860 ------122.860 122.860 56.960 2.160 2.160 -122.860 57.600 2.130 2.130 0.250 ------

---874.000 119.320 (12.860) -(12.860) 2.860 -2.860 -(10.000) ----16.480 16.480 125.790 37.100 88.690 (0.630) --88.070 -----88.070 ------88.070 88.070 57.430 1.530 1.530 0.000 88.070 57.820 1.520 1.520 0.250 ------

Special DPS - Common Stock Issue 3 Special DPS - Common Stock Issue 4 Gross Dividends - Common Stock (Gain) Loss on Sale of Assets, Suppl. Impairment-Assets Held for Sale, Suppl. Impairment-Assets Held for Use, Suppl. Litigation Charge, Supplemental Purchased R&D Written-Off, Supplemental Restructuring Charge, Supplemental Other Unusual Expense(Income), Suppl. Non-Recurring Items, Supplemental, Total Total Special Items Normalized Income Before Taxes Effect of Special Items on Income Taxes Inc Tax Ex Impact of Sp Items Normalized Income After Taxes Normalized Inc. Avail to Com. Basic Normalized EPS Diluted Normalized EPS Pro Forma Stock Compensation Expense Net Income after Stock Based Comp. Exp. Basic EPS after Stock Based Comp. Exp. Diluted EPS after Stock Based Comp. Exp. Stock-Based Compensation, Supplemental Interest Expense, Supplemental Interest Capitalized, Supplemental Depreciation, Supplemental Funds From Operations - REIT Amort of Acquisition Costs, Supplemental Amort of Intangibles, Supplemental Rental Expense, Supplemental EPS, Supplemental Advertising Expense, Supplemental Equity in Affiliates, Supplemental Minority Interest, Supplemental Research & Development Exp, Supplemental Audit Fees Audit-Related Fees Tax Fees All Other Fees Reported Recurring Revenue Reported Net Premiums Written Reported Total Revenue Reported Operating Revenue Reported Total Cost of Revenue Reported Total Sales, General & Admin. Reported Gross Profit Reported Operating Profit Reported Operating Profit Margin Reported Ordinary Profit Reported Net Income After Tax Reported Basic EPS Reported Diluted EPS Reported Net Business Profits

-----------9.900 138.710 2.770 38.750 99.960 99.440 1.780 1.770 ----10.070 10.110 -2.430 --18.150 ---4.680 (0.520) -----------367.770 147.140 -------

------------159.940 -45.510 114.430 114.430 2.050 2.030 ----8.720 12.600 -17.170 --2.340 ---3.090 ---------------------

------------144.000 -26.950 117.050 117.050 2.060 2.040 ----7.590 13.110 -17.910 --2.500 ---3.390 ------------404.920 163.640 -------

------------161.030 -38.170 122.860 122.860 2.160 2.130 ----9.420 12.730 -18.370 --2.520 ---4.510 ------------417.970 171.580 -------

-----------0.000 125.790 0.000 37.100 88.690 88.070 1.530 1.520 ----6.970 12.860 -18.130 --2.500 ---5.970 (0.630) -----------345.850 119.320 -------

Balance Sheet (Differentiates) Interim - Standardised in Millions of US Dollar Fiscal Period: Period End Date: Update Type: Update Date: Source Source Date: Complete Statement: Cash Cash & Equivalents Short Term Investments Cash and Short Term Investments Accounts Receivable - Trade, Gross Provision for Doubtful Accounts Accounts Receivable - Trade, Net Notes Receivable - Short Term Receivables - Other Total Receivables, Net Inventories - Finished Goods Inventories - Work In Progress Inventories - Raw Materials Inventories - Other LIFO Reserve Total Inventory Prepaid Expenses Restricted Cash - Current Deferred Income Tax - Current Asset Discountinued Operations - Current Asset Other Current Assets Other Current Assets, Total Total Current Assets Buildings - Gross Land/Improvements - Gross Machinery/Equipment - Gross Construction in Progress - Gross Leases - Gross Natural Resources - Gross Other Property/Plant/Equipment - Gross Property/Plant/Equipment, Total - Gross Accumulated Depreciation, Total Property/Plant/Equipment, Total - Net Goodwill - Gross Accumulated Goodwill Amortization Goodwill, Net Intangibles - Gross Accumulated Intangible Amortization Intangibles, Net LT Investment - Affiliate Companies LT Investments - Other Long Term Investments Note Receivable - Long Term Deferred Charges

2009 Q1 2008 Q4 2008 Q3 2008 Q2 2008 Q1 3/31/2009 12/31/2008 9/30/2008 6/30/2008 3/31/2008 Update Reclassified Update Update Update 3/31/2009 3/31/2009 9/30/2008 6/30/2008 3/31/2008 10-Q 10-Q 10-Q 10-Q 10-Q 4/29/2009 4/29/2009 10/28/2008 7/30/2008 4/28/2008 Complete Complete Complete Complete Complete -----201.540 472.060 153.430 136.740 197.910 -----201.540 472.060 153.430 136.740 197.910 852.050 832.190 929.930 938.090 805.370 (23.610) (23.670) (17.880) (18.240) (16.910) 828.450 808.520 912.040 919.860 788.460 ----------828.450 808.520 912.040 919.860 788.460 261.340 264.750 271.240 294.090 272.450 682.710 635.490 675.490 671.540 653.550 260.350 241.950 254.570 266.750 250.190 (320.370) (307.580) (342.010) (339.580) (322.310) -----884.030 834.610 859.290 892.810 853.880 92.140 90.350 92.670 87.320 93.600 --0.520 0.360 1.480 119.130 126.890 86.670 109.320 109.750 ----------119.130 126.890 87.190 109.680 111.230 2,125.280 2,332.430 2,104.610 2,146.400 2,045.090 -----------------------------------1,128.960 1,142.230 1,096.140 1,137.570 1,115.620 (595.180) (594.990) (602.430) (628.830) (613.980) 533.780 547.240 493.710 508.740 501.640 ----------824.530 828.400 842.770 858.110 857.900 ----------118.610 121.920 125.860 131.180 133.770 --------------------------

Pension Benefits - Overfunded Defered Income Tax - Long Term Asset Discontinued Operations - LT Asset Restricted Cash - Long Term Other Long Term Assets Other Long Term Assets, Total Total Assets Accounts Payable Payable/Accrued Accrued Expenses Notes Payable/Short Term Debt Current Port. of LT Debt/Capital Leases Dividends Payable Customer Advances Security Deposits Income Taxes Payable Other Payables Deferred Income Tax - Current Liability Discontinued Operations - Curr Liability Other Current Liabilities Other Current liabilities, Total Total Current Liabilities Long Term Debt Capital Lease Obligations Total Long Term Debt Total Debt Deferred Income Tax - LT Liability Deferred Income Tax Minority Interest Reserves Pension Benefits - Underfunded Other Long Term Liabilities Discontinued Operations - Liabilities Other Liabilities, Total Total Liabilities Redeemable Preferred Stock Redeemable Convertible Preferred Stock Redeemable Preferred Stock, Total Preferred Stock - Non Redeemable Convertible Preferred Stock - Non Rdmbl Treasury Stock - Preferred General Partner Preferred Stock - Non Redeemable, Net Common Stock Limited Partner Common Stock, Total Additional Paid-In Capital Retained Earnings (Accumulated Deficit) Treasury Stock - Common ESOP Debt Guarantee Unrealized Gain (Loss) Translation Adjustment Other Equity Minimum Pension Liability Adjustment

-----31.430 32.560 54.590 14.540 20.480 ----------160.040 161.160 123.760 134.280 136.740 191.470 193.720 178.360 148.830 157.220 3,793.660 4,023.690 3,745.310 3,793.270 3,695.620 445.410 598.500 470.580 490.550 477.850 -----854.780 967.100 936.600 821.190 792.120 0.000 0.000 0.000 0.000 0.000 25.180 27.730 21.700 23.240 12.880 -------------------------15.490 14.670 7.910 6.810 6.260 ----------15.490 14.670 7.910 6.810 6.260 1,340.860 1,608.000 1,436.780 1,341.790 1,289.110 544.100 545.620 547.190 548.300 549.880 -----544.100 545.620 547.190 548.300 549.880 569.280 573.350 568.890 571.550 562.760 ----------7.160 6.430 --------495.210 495.880 351.370 399.870 442.900 ----------495.210 495.880 351.370 399.870 442.900 2,387.330 2,655.930 2,335.340 2,289.960 2,281.890 ----------0 -----------------------------73.550 73.480 73.470 73.470 73.480 -----73.550 73.480 73.470 73.470 73.480 583.920 586.370 579.010 577.150 568.140 1,236.720 1,159.630 1,059.260 956.410 847.960 (245.880) (248.070) (219.880) (123.580) (90.990) --------------------------

Other Comprehensive Income Other Equity, Total Total Equity Total Liabilities & Shareholders' Equity Shares Outs - Common Stock Primary Issue Shares Outstanding - Common Issue 2 Shares Outstanding - Common Issue 3 Shares Outstanding - Common Issue 4 Total Common Shares Outstanding Treas Shares - Common Stock Prmry Issue Treasury Shares - Common Issue 2 Treasury Shares - Common Issue 3 Treasury Shares - Common Issue 4 Shares Outstanding - Preferred Issue 1 Shares Outstanding - Preferred Issue 2 Shares Outstanding - Preferred Issue 3 Shares Outstanding - Preferred Issue 4 Shares Outstanding - Preferred Issue 5 Shares Outstanding - Preferred Issue 6 Total Preferred Shares Outstanding Treasury Shares - Preferred Issue 1 Treasury Shares - Preferred Issue 2 Treasury Shares - Preferred Issue 3 Treasury Shares - Preferred Issue 4 Treasury Shares - Preferred Issue 5 Treasury Shares - Preferred Issue 6 Full-Time Employees Part-Time Employees Number of Common Shareholders Accumulated Goodwill Amortization Suppl. Accumulated Intangible Amort, Suppl. Deferred Revenue - Current Deferred Revenue - Long Term Total Risk-Weighted Capital Tier 1 Capital % Total Capital % Trading Account Credit Exposure Non-Performing Loans Assets under Management Reported Total Assets Reported Total Liabilities Shareholders' Equity Excl. Stock Subscr. Reported Shareholder's Equity Reported Net Assets Reported Net Assets to Total Assets Reported Return on Assets Reported Return on Equity

(241.980) (203.640) (81.890) 19.850 15.140 (241.980) (203.640) (81.890) 19.850 15.140 1,406.330 1,367.770 1,409.970 1,503.300 1,413.730 3,793.660 4,023.690 3,745.310 3,793.270 3,695.620 56.028 55.220 55.800 56.520 56.710 ---------------56.028 55.220 55.800 56.520 56.710 3.600 3.570 2.980 2.260 2.070 ----------------------------------------------------------------------------------- 16,000.000 ------------------------------------------------------------------------------------------------------------

Cash Flow (Indirect) - Interim - Standardised in Millions of US Dollar [+] Add Item Fiscal Period: Period End Date: Period Length: Update Type: Update Date:

2009 Q1 2008 Q4 3/31/2009 12/31/2008 3 Months 12 Months Update Update 3/31/2009 12/31/2008

2008 Q3 9/30/2008 9 Months Update 9/30/2008

2008 Q2 2008 Q1 6/30/2008 3/31/2008 6 Months 3 Months Update Reclassified 6/30/2008 3/31/2009

Source Source Date: Complete Statement: Net Income/Starting Line Depreciation Depreciation/Depletion Amortization of Intangibles Amortization of Acquisition Costs Amortization Deferred Taxes Accounting Change Discontinued Operations Extraordinary Item Unusual Items Purchased R&D Equity in Net Earnings (Loss) Other Non-Cash Items Non-Cash Items Accounts Receivable Inventories Prepaid Expenses Other Assets Accounts Payable Accrued Expenses Payable/Accrued Taxes Payable Other Liabilities Other Assets & Liabilities, Net Other Operating Cash Flow Changes in Working Capital Cash from Operating Activities Purchase of Fixed Assets Purchase/Acquisition of Intangibles Software Development Costs Capital Expenditures Acquisition of Business Sale of Business Sale of Fixed Assets Sale/Maturity of Investment Investment, Net Purchase of Investments Sale of Intangible Assets Intangible, Net Other Investing Cash Flow Other Investing Cash Flow Items, Total Cash from Investing Activities Other Financing Cash Flow Financing Cash Flow Items Cash Dividends Paid - Common Cash Dividends Paid - Preferred Total Cash Dividends Paid Sale/Issuance of Common Repurchase/Retirement of Common Common Stock, Net

10-Q 4/29/2009 Complete 92.310 18.150 18.150 2.430 -2.430 15.430 ---0.270 -(2.910) 10.180 7.530 (43.980) (75.700) (10.570) 6.510 (107.980) (93.690) --9.460 --(315.950) (180.110) (44.250) --(44.250) 0 ---------(44.250) 0.290 0.290 (13.970) -(13.970) -(7.070) (7.070)

10-K 10-Q 2/25/2009 10/28/2008 Complete Complete 442.410 327.980 71.580 54.410 71.580 54.410 9.860 7.520 --9.860 7.520 (52.590) (31.910) --0.000 ---(8.500) (9.600) --(8.520) (5.910) 21.990 8.830 4.980 (6.680) (195.100) (280.340) (195.530) (190.290) (21.660) (26.760) (18.180) 7.570 99.770 (32.600) 228.940 212.340 ----31.540 (46.030) ----(70.220) (356.120) 406.030 (4.800) (126.930) (72.510) ----(126.930) (72.510) 0.000 0 --7.310 7.560 ----------2.400 2.140 9.710 9.700 (117.220) (62.810) 12.530 16.410 12.530 16.410 (51.480) (37.350) --(51.480) (37.350) --(164.950) (135.000) (164.950) (135.000)

10-Q 7/30/2008 Complete 210.930 36.500 36.500 5.020 -5.020 12.060 ---(4.420) -(4.760) 7.230 (1.950) (211.050) (165.240) (9.380) (4.170) (45.690) 42.910 --(48.210) --(440.820) (178.250) (37.710) --(37.710) 0 -2.180 -----2.300 4.480 (33.230) 10.070 10.070 (23.000) -(23.000) -(34.980) (34.980)

10-Q 4/29/2009 Complete 88.070 18.130 18.130 2.500 -2.500 (0.730) ---(4.070) -(4.690) (0.850) (9.610) (80.940) (108.880) (8.770) (8.990) (58.320) (15.560) --10.660 --(270.800) (172.430) (14.260) --(14.260) 0 ---------(14.260) 8.280 8.280 (8.590) -(8.590) -0.000 0.000

Sale/Issuance of Preferred Repurchase/Retirement of Preferred Preferred Stock, Net Sale/Issuance of Common/Preferred Repurch./Retirement of Common/Preferred Options Exercised Warrants Converted Treasury Stock Issuance (Retirement) of Stock, Net Short Term Debt Issued Short Term Debt Reduction Short Term Debt, Net Long Term Debt Issued Long Term Debt Reduction Long Term Debt, Net Total Debt Issued Total Debt Reduction Issuance (Retirement) of Debt, Net Cash from Financing Activities Foreign Exchange Effects Net Change in Cash Net Cash - Beginning Balance Net Cash - Ending Balance Cash Interest Paid Cash Taxes Paid Reported Cash from Operating Activities Reported Cash from Investing Activities Reported Cash from Financing Activities

ROE ROA ROIC

Short-term Debt Long-Term Debt Preferred Stock Equity Common Stock Equity Invested Capital $ Revenue / $ Invested Capital LTM EBITDA

-----0.200 --(6.870) ---(2.260) (1.420) (3.680) --(3.680) (24.230) (21.930) (270.520) 472.060 201.540 ------

-----11.940 --(153.010) --14.940 -(5.680) (5.680) --9.260 (182.700) (4.880) 101.220 370.580 471.790 49.630 112.550 ----

-----11.210 --(123.780) --0.000 9.640 (4.260) 5.380 --5.380 (139.330) (10.200) (217.140) 370.580 153.430 ------

-----9.930 --(25.050) --0.000 10.820 (2.840) 7.980 --7.980 (30.010) 7.650 (233.830) 370.580 136.740 ------

-----8.230 --8.230 ---0.610 (1.420) (0.810) --(0.810) 7.110 5.730 (173.840) 373.240 199.390 ------

2009 Q1

2008 Q4

2008 Q3

2008 Q2

2008 Q1

31.6% 12.1% 20.6%

34.2% 12.6% 19.8%

36.3% 12.9% 20.0%

34.3% 11.8% 16.8%

30.6% 10.5% 14.5%

$25.2 544.1 -1,406.3 $1,975.6

$27.7 545.6 -1,367.8 $1,941.1

$21.7 547.2 -1,410.0 $1,978.9

$23.2 548.3 -1,503.3 $2,074.8

$12.9 549.9 -1,413.7 $1,976.5

$2.28

$2.30

$2.23

$2.01

$2.00

$635.6

DuPont ROE Analysis Net Income Revenue Profit Margin

$447 4,505 9.9%

$442 4,473 9.9%

$424 4,414 9.6%

$370 4,180 8.8%

$310 3,953 7.8%

Revenue Total Assets Asset Utilization

$4,505 3,794 1.2x

$4,473 4,024 1.1x

$4,414 3,745 1.2x

$4,180 3,793 1.1x

$3,953 3,696 1.1x

Return on Assets

11.8%

11.0%

11.3%

9.8%

8.4%

Total Assets Beginning Common Equity Leverage

3,794 1,414 2.7x

4,024 1,293 3.1x

3,745 1,167 3.2x

3,793 1,079 3.5x

3,696 1,013 3.6x

Return on Equity

31.6%

34.2%

36.3%

34.3%

30.6%

Gross Profit SG&A R&D D&A Taxes NOPAT

$1,608 $973 $0 $81 $147 $408

$1,580 $984 $0 $81 $148 $367

$1,535 $961 $0 $83 $134 $356

$1,444 $927 $0 $82 $139 $296

$1,328 $885 $0 $80 $122 $241

ST debt LT debt Equity Invested Capital

$25 $544 $1,406 $1,976

$28 $546 $1,368 $1,941

$22 $547 $1,410 $1,979

$23 $548 $1,503 $2,075

$13 $550 $1,414 $1,976

ROIC

20.6%

19.8%

20.0%

16.8%

14.5%

OCF Capex FCF

$398 ($157) $241

$406 ($127) $279

$367 ($101) $267

$301 ($81) $220

$319 ($81) $238

Net Income

$447

$442

$424

$370

$310

FCF Conversion (FCF/NI)

54.1%

63.1%

63.0%

59.4%

76.7%

2007 Q4 12/31/2007 3 Months Update 12/31/2007 10-K 2/27/2008 Complete 1,109.370 ---1,109.370 ---1,109.370 743.120 -743.120 366.250 233.250 --233.250 ---------(4.350) (4.350) -(4.350) -----0.430 0.430 -----

2007 Q3 9/30/2007 3 Months Update 9/30/2007 10-Q 11/1/2007 Complete 919.250 ---919.250 ---919.250 605.660 -605.660 313.580 210.140 --210.140 ---------(4.780) (4.780) -(4.780) ------------

2007 Q2 6/30/2007 3 Months Update 6/30/2007 10-Q 8/8/2007 Complete 930.680 ---930.680 ---930.680 628.260 -628.260 302.420 209.540 --209.540 ---------(4.030) (4.030) -(4.030) ------------

2007 Q1 2006 Q4 3/31/2007 12/31/2006 3 Months 3 Months Update Restated 3/31/2007 12/31/2007 10-Q 10-K 5/9/2007 2/27/2008 Complete Complete 803.400 883.590 ------803.400 883.590 ------803.400 883.590 537.930 596.680 --537.930 596.680 265.470 286.910 203.580 227.340 ----203.580 227.340 ------------------(5.530) (3.690) (5.530) (3.690) --(5.530) (3.690) -----------0.690 -0.690 ---------

2006 Q3 9/30/2006 3 Months Restated 9/30/2007 10-Q 11/1/2007 Complete 770.760 ---770.760 ---770.760 520.950 -520.950 249.800 191.250 --191.250 ---------(3.330) (3.330) -(3.330) ------------

2006 Q2 6/30/2006 3 Months Restated 6/30/2007 10-Q 8/8/2007 Complete 752.860 ---752.860 ---752.860 500.260 -500.260 252.600 183.260 --183.260 ---------(4.010) (4.010) -(4.010) ------------

2006 Q1 2005 Q4 3/31/2006 12/31/2005 3 Months 3 Months Restated Update 3/31/2007 12/31/2005 10-Q 10-K 5/9/2007 6/30/2006 Complete Complete 653.860 738.510 ------653.860 738.510 ------653.860 738.510 435.860 501.740 --435.860 501.740 217.990 236.770 180.660 183.620 ----180.660 183.620 ------------------(3.790) -(3.790) ---(3.790) ------------(0.110) -(0.110) ---------

---972.440 136.930 (14.950) -(14.950) 1.830 -1.830 -(13.120) ----4.220 4.220 128.020 32.120 95.900 ---95.900 -0.000 --0.000 95.900 ------95.900 95.900 56.900 1.690 1.690 -95.900 57.720 1.660 1.660 0.150 ------

---811.020 108.230 (15.330) -(15.330) 0.920 -0.920 -(14.410) ----1.220 1.220 95.040 31.990 63.060 ---63.060 -0.000 --0.000 63.060 ------63.060 63.060 56.420 1.120 1.120 -63.060 57.220 1.100 1.100 0.150 ------

---833.770 96.910 (15.760) -(15.760) 0.490 -0.490 -(15.280) ----2.340 2.340 83.970 20.770 63.210 ---63.210 -----63.210 ------63.210 63.210 56.270 1.120 1.120 -63.210 57.150 1.110 1.110 0.150 ------

---735.980 67.420 (14.070) -(14.070) 1.090 -1.090 -(12.990) ----(1.400) (1.400) 53.030 19.420 33.610 ---33.610 -----33.610 ------33.610 33.610 56.210 0.600 0.600 -33.610 57.070 0.590 0.590 0.150 ------

---821.020 62.570 (17.360) -(17.360) 3.820 -3.820 -(13.540) ----2.740 2.740 51.770 18.410 33.360 ---33.360 -0.190 --0.190 33.540 ------33.360 33.540 56.980 0.590 0.590 -33.540 56.980 0.590 0.590 0.000 ------

---708.880 61.880 (16.390) -(16.390) 1.630 -1.630 -(14.750) ----(1.840) (1.840) 45.290 16.820 28.470 ---28.470 -0.810 --0.810 29.280 ------28.470 29.280 55.700 0.510 0.530 -29.280 57.110 0.500 0.510 0.000 ------

---679.500 73.360 (16.260) -(16.260) 1.070 -1.070 -(15.190) ----4.390 4.390 62.560 28.950 33.610 ---33.610 -0.000 --0.000 33.610 ------33.610 33.610 55.700 0.600 0.600 -33.610 57.890 0.580 0.580 0.000 ------

---612.730 41.120 (15.680) -(15.680) 1.080 -1.080 -(14.600) ----1.130 1.130 27.660 9.060 18.600 ---18.600 -----18.600 ------18.600 18.600 55.470 0.340 0.340 -18.600 57.600 0.320 0.320 0.000 ------

---685.250 53.260 (15.260) -(15.260) 0.600 -0.600 -(14.660) ----(0.140) (0.140) 38.470 18.940 19.540 ---19.540 -(11.690) --(11.690) 7.850 ------19.540 7.850 55.810 0.350 0.140 -7.850 57.410 0.340 0.140 0.000 ------

-----------0.430 128.450 0.110 32.230 96.220 96.220 1.690 1.670 ----6.160 14.950 -18.810 --2.470 ---4.350 ------------982.250 342.490 -------

------------95.040 -31.990 63.060 63.060 1.120 1.100 ----7.400 15.330 -16.230 --2.480 ---4.780 ---------------------

------------83.970 -20.770 63.210 63.210 1.120 1.110 ----6.500 15.760 -16.560 --2.470 ---4.030 ---------------------

------------53.030 -19.420 33.610 33.610 0.600 0.590 ----5.280 14.070 -16.240 --2.460 ---5.530 ------------265.470 67.420 -------

--0.000 --------0.690 52.460 0.250 18.660 33.800 33.800 0.590 0.590 -----17.360 -15.900 --2.460 ---3.690 ------------789.310 198.500 -------

------------45.290 -16.820 28.470 28.470 0.510 0.500 -----16.390 -15.310 --2.910 ---3.330 ---------------------

--0.000 ---------62.560 -28.950 33.610 33.610 0.600 0.580 -----16.260 -14.680 --2.580 ---4.010 ---------------------

--0.000 ---------27.660 -9.060 18.600 18.600 0.340 0.320 -----15.680 -14.610 --2.550 ---3.790 ------------217.990 41.120 -------

--0.000 --------(0.110) 38.360 (0.060) 18.880 19.480 19.480 0.350 0.340 0.720 7.130 0.130 0.130 -15.260 -14.150 --2.390 -------------------------

2007 Q4 2007 Q3 2007 Q2 2007 Q1 2006 Q4 2006 Q3 2006 Q2 2006 Q1 2005 Q4 12/31/2007 9/30/2007 6/30/2007 3/31/2007 12/31/2006 9/30/2006 6/30/2006 3/31/2006 12/31/2005 Update Update Update Update Update Update Update Update Restated 12/31/2007 9/30/2007 6/30/2007 3/31/2007 12/31/2006 9/30/2006 6/30/2006 3/31/2006 12/31/2006 10-K 10-Q 10-Q 10-Q 10-K 10-Q 10-Q 10-Q 10-K 2/27/2008 11/1/2007 8/8/2007 5/9/2007 3/1/2007 11/9/2006 9/29/2006 9/29/2006 3/1/2007 Complete Complete Complete Complete Complete Complete Complete Complete Complete ---------370.580 71.110 47.960 37.990 67.000 48.740 58.250 45.780 92.860 ---------370.580 71.110 47.960 37.990 67.000 48.740 58.250 45.780 92.860 680.950 717.770 677.410 592.380 564.950 533.910 521.720 496.430 487.220 (14.220) (13.030) (13.000) (12.870) (13.140) (14.850) (15.610) (15.150) (14.270) 666.730 704.730 664.410 579.510 551.820 519.060 506.110 481.280 472.950 ------------------666.730 704.730 664.410 579.510 551.820 519.060 506.110 481.280 472.950 246.830 257.610 239.580 251.550 225.160 255.770 247.140 234.250 200.420 499.660 525.650 486.680 390.840 354.810 313.840 269.670 222.190 201.950 221.270 229.110 209.070 194.800 167.220 139.540 134.470 125.820 126.720 (287.550) (282.500) (254.370) (209.760) (199.820) (173.300) (177.140) (146.790) (112.680) -----(46.130) (44.730) (43.790) -680.200 729.870 680.960 627.430 547.370 489.740 429.410 391.680 416.410 71.380 82.870 65.060 57.450 38.210 36.270 37.160 31.940 26.030 2.660 3.730 3.020 2.470 3.460 3.680 2.440 2.920 3.630 105.220 99.080 96.880 95.920 95.030 113.090 121.600 120.790 97.950 ------------------107.880 102.810 99.900 98.390 98.480 116.770 124.030 123.710 101.580 1,896.770 1,691.400 1,558.280 1,400.760 1,302.880 1,210.580 1,154.950 1,074.390 1,109.830 ---------------------------------------------------------------1,064.170 1,033.200 1,003.830 973.650 951.930 915.300 906.760 863.320 842.320 (575.280) (560.500) (540.900) (522.830) (509.030) (496.330) (484.870) (462.630) (444.700) 488.890 472.700 462.930 450.820 442.890 418.970 421.890 400.690 397.620 ------------------853.270 855.480 852.660 850.380 851.120 845.780 844.870 836.980 834.860 ------------------134.730 137.230 138.720 140.900 143.360 143.990 146.580 144.200 146.250 ----------------------------------------------

---------13.820 1.140 0.840 3.200 25.730 34.070 17.460 30.320 33.750 ------------------132.940 116.710 114.920 114.080 103.250 93.940 93.390 95.560 91.340 146.760 117.850 115.750 117.270 128.980 128.010 110.850 125.870 125.100 3,520.420 3,274.660 3,128.350 2,960.130 2,869.240 2,747.320 2,679.150 2,582.120 2,613.660 513.170 412.580 405.050 384.080 412.870 339.110 321.140 310.440 316.710 ---------723.030 639.820 518.090 477.560 458.230 393.520 354.870 329.180 377.350 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 7.180 64.550 130.580 95.710 8.050 11.040 10.730 22.830 5.040 ---------------------------------------------6.800 4.510 5.680 5.050 4.890 5.490 5.320 5.250 12.370 ------------------6.800 4.510 5.680 5.050 4.890 5.490 5.320 5.250 12.370 1,250.180 1,121.460 1,059.400 962.400 884.040 749.150 692.060 667.690 711.480 550.800 552.110 553.580 555.070 556.520 643.530 644.880 651.520 652.770 ---------550.800 552.110 553.580 555.070 556.520 643.530 644.880 651.520 652.770 557.980 616.660 684.160 650.780 564.570 654.560 655.610 674.350 657.810 ----36.610 ---32.610 ----36.610 ---32.610 ------------------426.470 434.420 436.040 429.440 371.490 406.490 429.560 407.290 363.410 ------------------426.470 434.420 436.040 429.440 371.490 406.490 429.560 407.290 363.410 2,227.440 2,107.980 2,049.020 1,946.910 1,848.650 1,799.170 1,766.490 1,726.510 1,760.260 ------------------------------------------------------------------------73.390 73.390 73.390 73.390 73.290 72.020 72.020 72.020 72.020 ---------73.390 73.390 73.390 73.390 73.290 72.020 72.020 72.020 72.020 561.730 555.130 552.000 549.730 543.160 490.050 479.540 473.710 477.200 774.370 687.080 632.610 577.970 582.770 521.310 493.130 460.060 467.740 (101.780) (107.430) (115.240) (108.920) (95.260) (33.130) (31.660) (31.060) (37.550) ----------------------------------------------

(14.730) (41.500) (63.440) (78.960) (83.370) (102.100) (100.380) (119.110) (126.000) (14.730) (41.500) (63.440) (78.960) (83.370) (102.100) (100.380) (119.110) (126.000) 1,292.980 1,166.670 1,079.320 1,013.210 1,020.590 948.160 912.660 855.620 853.410 3,520.420 3,274.660 3,128.340 2,960.130 2,869.240 2,747.320 2,679.150 2,582.120 2,613.660 56.310 56.140 55.930 55.940 56.020 56.260 56.270 56.280 55.970 ---------------------------56.310 56.140 55.930 55.940 56.020 56.260 56.270 56.280 55.970 2.410 2.580 2.780 2.770 2.610 1.360 1.350 1.330 1.640 ------------------------------------------------------------------------------------------------------------------------------------------------15,000.000 -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------2007 Q4 12/31/2007 12 Months Update 12/31/2007

2007 Q3 9/30/2007 9 Months Update 9/30/2007

2007 Q2 6/30/2007 6 Months Update 6/30/2007

2007 Q1 2006 Q4 2006 Q3 2006 Q2 2006 Q1 2005 Q4 3/31/2007 12/31/2006 9/30/2006 6/30/2006 3/31/2006 12/31/2005 3 Months 12 Months 9 Months 6 Months 3 Months 12 Months Update Update Reclassified Reclassified Reclassified Reclassified 3/31/2007 12/31/2006 9/30/2007 6/30/2007 3/31/2007 12/31/2006

10-K 2/27/2008 Complete 255.770 67.840 67.840 9.880 -9.880 (17.680) -0.000 -(7.180) -(10.620) 15.160 (2.640) (82.370) (101.780) (26.570) (9.790) 75.200 230.560 --18.960 --104.200 417.370 (88.980) --(88.980) (2.310) -13.400 -----0.790 11.890 (77.090) 10.540 10.540 (25.680) -(25.680) -(44.800) (44.800)

10-Q 11/1/2007 Complete 159.870 49.030 49.030 7.410 -7.410 (10.620) ---(2.020) -(6.340) 12.730 4.370 (119.020) (147.730) (34.830) (4.670) (24.110) 152.870 --12.530 --(164.960) 45.100 (60.940) --(60.940) --3.910 -----(0.270) 3.630 (57.310) 8.180 8.180 (17.180) -(17.180) ----

10-Q 8/8/2007 Complete 96.820 32.800 32.800 4.930 -4.930 (1.710) ---(0.700) -(2.950) 7.280 3.640 (100.250) (120.630) (28.910) (0.320) (16.470) 54.710 --13.740 --(198.140) (61.670) (45.500) --(45.500) --1.270 -----0.430 1.700 (43.800) 5.410 5.410 (8.590) -(8.590) -(44.800) (44.800)

10-Q 5/9/2007 Complete 33.610 16.240 16.240 2.460 -2.460 0.360 ---0.000 -(4.150) 2.690 (1.460) (24.270) (75.990) (18.460) 0.190 (40.050) 24.400 --9.160 --(125.020) (73.810) (22.450) --(22.450) --------0.990 0.990 (21.460) 3.020 3.020 0.000 -0.000 -(30.580) (30.580)

10-K 3/1/2007 Complete 115.030 60.500 60.500 10.500 -10.500 4.520 -(1.660) -2.140 -(6.660) 9.400 3.220 (40.830) (98.360) (6.550) (8.910) 58.740 76.690 --(11.370) --(30.580) 163.190 (73.530) --(73.530) (7.980) -0.000 -----3.830 (4.150) (77.680) 17.410 17.410 0.000 -0.000 -(63.170) (63.170)

10-Q 11/1/2007 Complete 81.490 44.600 44.600 8.040 -8.040 1.020 ---(0.120) -(3.870) 20.210 16.220 (28.490) (101.090) (7.270) (6.600) 6.400 2.600 --(2.490) --(136.940) 14.420 (43.520) --(43.520) --0.000 -----(0.050) (0.050) (43.570) 1.180 1.180 0.000 -0.000 ----

10-Q 8/8/2007 Complete 52.210 29.290 29.290 5.130 -5.130 10.360 ---(0.500) -(1.740) 10.320 8.080 (14.840) (40.090) (3.650) (10.570) (15.330) (35.030) --22.380 --(97.130) 7.940 (29.460) --(29.460) --0.000 -----1.190 1.190 (28.270) 0.000 0.000 0.000 -0.000 0.000 0.000 0.000

10-Q 5/9/2007 Complete 18.600 14.610 14.610 2.550 -2.550 (1.800) -----(3.490) 4.410 0.920 (3.820) (13.250) (4.090) (1.430) (11.970) (52.480) --6.480 --(80.570) (45.680) (12.480) --(12.480) --------0.710 0.710 (11.770) ------0.000 0.000

10-K 3/1/2007 Complete 17.070 59.850 59.850 10.040 -10.040 (27.570) -3.810 -29.780 -(7.780) 47.460 73.280 (37.190) (20.600) 3.650 3.800 28.830 47.640 --(31.350) --(5.230) 127.450 (49.270) --(49.270) 0.000 -0.000 -----9.960 9.960 (39.310) (9.320) (9.320) 0.000 -0.000 -0.000 0.000

-----16.690 --(28.110) --(3.750) 0.000 (2.840) (2.840) --(6.590) (49.840) 13.140 303.580 67.000 370.580 59.550 64.660 ----

-----13.340 --13.340 --58.000 -(50.700) (50.700) --7.300 11.640 4.680 4.110 67.000 71.110 ------

-----12.570 --(32.230) --115.000 4.590 0.000 4.590 --119.590 84.180 2.250 (19.050) 67.000 47.960 ------

-----7.140 --(23.440) --85.000 1.210 0.000 1.210 --86.210 65.790 0.470 (29.010) 67.000 37.990 ------

-----39.920 --(23.250) --(3.410) 0.000 (105.280) (105.280) --(108.690) (114.540) 3.170 (25.860) 92.860 67.000 63.870 65.830 ----

-----0.000 --0.000 --0.000 -(16.900) (16.900) --(16.900) (15.720) 0.750 (44.130) 92.860 48.740 ------

-----0.000 --0.000 --0.000 0.000 (15.860) (15.860) --(15.860) (15.860) 1.560 (34.620) 92.860 58.250 ------

-----0.000 --0.000 --20.070 0.000 (10.860) (10.860) --9.220 9.220 1.160 (47.080) 92.860 45.780 ------

-----1.110 --1.110 --(16.520) 600.000 (628.540) (28.540) --(45.060) (53.270) (5.760) 29.110 63.760 92.860 72.990 40.700 ----

2007 Q4

2007 Q3

2007 Q2

2007 Q1

2006 Q4

2006 Q3

2006 Q2

2006 Q1

2005 Q4

25.1% 8.9% 13.2%

20.4% 7.0% 9.5%

17.4% 5.9% 7.9%

15.1% 5.0% 6.1%

13.4% 4.4% 5.3%

11.6% 3.9% 4.8%

8.8% 3.0% 5.5%

7.2% 2.4% 5.6%

5.3% 1.8% 5.3%

$7.2 550.8 -1,293.0 $1,851.0

$64.6 552.1 -1,166.7 $1,783.3

$130.6 553.6 -1,079.3 $1,763.5

$95.7 555.1 -1,013.2 $1,664.0

$8.1 556.5 -1,020.6 $1,585.2

$11.0 643.5 -948.2 $1,602.7

$10.7 644.9 -912.7 $1,568.3

$22.8 651.5 -855.6 $1,530.0

$5.0 652.8 -853.4 $1,511.2

$2.03

$1.98

$1.92

$1.93

$1.93

$1.82

$1.78

$1.79

$1.78

$256 3,763 6.8%

$193 3,537 5.5%

$159 3,388 4.7%

$129 3,211 4.0%

$114 3,061 3.7%

$100 2,916 3.4%

$77 2,795 2.8%

$62 2,733 2.3%

$46 2,695 1.7%

$3,763 3,520 1.1x

$3,537 3,275 1.1x

$3,388 3,128 1.1x

$3,211 2,960 1.1x

$3,061 2,869 1.1x

$2,916 2,747 1.1x

$2,795 2,679 1.0x

$2,733 2,582 1.1x

$2,695 2,614 1.0x

7.3%

5.9%

5.1%

4.4%

4.0%

3.6%

2.9%

2.4%

1.8%

3,520 1,021 3.4x

3,275 948 3.5x

3,128 913 3.4x

2,960 856 3.5x

2,869 853 3.4x

2,747 863 3.2x

2,679 870 3.1x

2,582 860 3.0x

2,614 870 3.0x

25.1%

20.4%

17.4%

15.1%

13.4%

11.6%

8.8%

7.2%

5.3%

$1,248 $857 $0 $78 $104 $209

$1,168 $851 $0 $75 $91 $152

$1,105 $832 $0 $74 $75 $123

$1,055 $805 $0 $73 $84 $93

$1,007 $783 $0 $71 $73 $81

$957 $739 $0 $69 $74 $75

$919 $704 $0 $68 $61 $86

$889 $687 $0 $68 $45 $89

$862 $672 $0 $70 $37 $83

$7 $551 $1,293 $1,851

$65 $552 $1,167 $1,783

$131 $554 $1,079 $1,763

$96 $555 $1,013 $1,664

$8 $557 $1,021 $1,585

$11 $644 $948 $1,603

$11 $645 $913 $1,568

$23 $652 $856 $1,530

$5 $653 $853 $1,511

13.2%

9.5%

7.9%

6.1%

5.3%

4.8%

5.5%

5.6%

5.3%

$417 ($89) $328

$194 ($91) $103

$94 ($90) $4

$135 ($84) $52

$163 ($74) $90

$122 ($67) $55

$138 ($61) $77

$129 ($53) $76

$127 ($49) $78

$256

$193

$159

$129

$114

$100

$77

$62

$46

128.4%

53.3%

2.5%

40.0%

78.6%

54.6%

122.4%

169.3%

100.3%

2005 Q3 9/30/2005 3 Months Update 9/30/2005 10-Q 7/27/2006 Complete 649.490 ---649.490 ---649.490 438.270 -438.270 211.220 156.410 --156.410 ------------------27.860 27.860 -----

2005 Q2 6/30/2005 3 Months Update 6/30/2005 10-Q 7/27/2006 Complete 691.170 ---691.170 ---691.170 468.460 -468.460 222.700 166.400 --166.400 -------------------------

2005 Q1 2004 Q4 3/31/2005 12/31/2004 3 Months 3 Months Update Restated 3/31/2005 12/31/2005 10-Q 10-K 7/27/2006 6/30/2006 Complete Complete 616.120 703.730 ------616.120 703.730 ------616.120 703.730 424.980 499.290 --424.980 499.290 191.140 204.440 165.320 168.550 ----165.320 168.550 -------------------------------------1.750 -1.750 ---------

2004 Q3 9/30/2004 3 Months Restated 9/30/2005 10-Q 7/27/2006 Complete 623.430 ---623.430 ---623.430 433.980 -433.980 189.450 146.270 --146.270 ------------------0.960 0.960 -----

2004 Q2 6/30/2004 3 Months Restated 6/30/2005 10-Q 7/27/2006 Complete 618.280 ---618.280 ---618.280 426.580 -426.580 191.700 148.770 --148.770 -------------------------

---622.530 26.960 (18.970) -(18.970) 1.340 -1.340 -(17.640) ----0.370 0.370 9.680 4.500 5.180 ---5.180 -(15.130) --(15.130) (9.950) ------5.180 (9.950) 55.140 0.090 (0.180) -(9.950) 56.490 0.090 (0.180) 0.000 ------

---634.860 56.300 (19.860) -(19.860) 0.620 -0.620 -(19.240) ----(5.870) (5.870) 31.190 12.630 18.560 ---18.560 -(0.610) --(0.610) 17.950 ------18.560 17.950 55.610 0.330 0.320 -17.950 56.640 0.330 0.320 0.000 ------

---590.290 25.830 (20.040) -(20.040) 0.840 -0.840 -(19.190) ----(2.710) (2.710) 3.920 1.020 2.900 ---2.900 -(6.910) --(6.910) (4.010) ------2.900 (4.010) 55.340 0.050 (0.070) -(4.010) 56.230 0.050 (0.070) 0.000 ------

---669.590 34.140 (19.810) -(19.810) 0.710 -0.710 -(19.100) ----(5.200) (5.200) 9.840 5.610 4.230 ---4.230 -0.180 --0.180 4.420 ------4.230 4.420 54.730 0.080 0.080 -4.420 55.920 0.080 0.080 0.000 ------

---581.210 42.220 (21.030) -(21.030) 0.670 -0.670 -(20.360) ----(4.020) (4.020) 17.840 10.570 7.270 ---7.270 -(0.900) --(0.900) 6.370 ------7.270 6.370 55.170 0.130 0.120 -6.370 55.730 0.130 0.110 0.000 ------

---575.350 42.930 (19.610) -(19.610) 0.300 -0.300 -(19.310) ----(1.040) (1.040) 22.590 15.630 6.960 ---6.960 -(0.690) --(0.690) 6.270 ------6.960 6.270 55.210 0.130 0.110 -6.270 55.530 0.130 0.110 0.000 ------

--0.000 --------27.860 37.540 12.950 17.450 20.090 20.090 0.360 0.360 0.650 (10.600) (0.190) (0.190) -18.970 -14.300 --2.410 -------------------------

--0.000 ---------31.190 -12.630 18.560 18.560 0.330 0.330 0.840 17.110 0.310 0.300 -19.860 -14.910 --2.570 -------------------------

--0.000 ---------3.920 -1.020 2.900 2.900 0.050 0.050 0.460 (4.470) (0.080) (0.080) -20.040 -16.490 --2.670 -------------------------

--0.000 --------1.750 11.580 0.990 6.600 4.980 4.980 0.090 0.090 0.280 4.140 0.070 0.080 -19.810 -15.820 --2.660 -------------------------

--0.000 --------0.960 18.810 0.570 11.140 7.660 7.660 0.140 0.140 (0.090) 6.460 0.120 0.120 -21.030 -15.710 --2.520 -------------------------

--0.000 ---------22.590 -15.630 6.960 6.960 0.130 0.130 0.460 5.820 0.110 0.100 -19.610 -15.590 --2.750 -------------------------

2005 Q3 2005 Q2 2005 Q1 9/30/2005 6/30/2005 3/31/2005 Update Update Update 9/30/2005 6/30/2005 3/31/2005 10-Q 10-Q 10-Q 7/27/2006 7/27/2006 7/27/2006 Complete Complete Complete ---35.230 41.190 27.720 ---35.230 41.190 27.720 431.790 441.750 441.250 (7.780) (7.700) (8.330) 424.010 434.050 432.920 ------424.010 434.050 432.920 222.050 224.940 225.510 224.400 218.480 233.300 122.110 122.590 127.430 (128.510) (129.130) (142.860) (34.750) (33.730) (33.810) 405.300 403.150 409.560 67.810 66.630 65.000 2.160 1.740 -113.040 108.290 85.440 ------115.200 110.020 85.440 1,047.550 1,055.040 1,020.640 ---------------------848.980 845.580 870.470 (451.660) (444.030) (451.510) 397.320 401.560 418.960 ------839.670 847.570 855.520 ------146.670 149.580 154.060 ----------------

2004 Q4 2004 Q3 2004 Q2 12/31/2004 9/30/2004 6/30/2004 Reclassified Update Update 12/31/2005 9/30/2004 6/30/2004 10-K 10-Q 10-Q 6/30/2006 4/26/2006 4/26/2006 Complete Complete Complete ---63.760 40.480 24.450 ---63.760 40.480 24.450 469.400 514.890 510.070 (7.280) (14.060) (14.710) 462.120 500.830 495.360 ------462.120 500.830 495.360 214.930 246.510 239.560 197.850 216.250 225.090 123.150 127.820 123.750 (117.230) (126.720) (129.330) (30.300) (27.770) (27.340) 388.400 436.100 431.730 54.160 31.470 29.690 0.000 --81.230 79.240 75.270 ------81.230 79.240 75.270 1,049.670 1,088.120 1,056.500 ---------------------877.790 871.060 867.730 (444.980) (439.220) (430.350) 432.810 431.830 437.380 ------865.350 872.270 870.880 ------157.890 160.690 162.980 ----------------

------28.780 17.750 28.970 10.430 20.940 23.780 ------------110.040 118.210 118.960 117.880 91.770 93.190 138.820 135.960 147.940 128.310 112.710 116.970 2,570.030 2,589.700 2,597.110 2,634.040 2,665.630 2,644.710 297.260 289.650 289.890 316.550 267.670 256.050 ------337.800 337.100 315.180 347.770 312.920 283.410 0.000 0.000 0.000 0.000 0.000 0.000 18.840 106.970 86.590 44.100 70.640 83.690 ------------------------------5.220 5.520 6.960 0.000 --------------5.220 5.520 6.960 0.000 --659.120 739.230 698.610 708.410 651.230 623.160 680.350 584.460 630.930 657.750 811.400 831.140 ------680.350 584.460 630.930 657.750 811.400 831.140 699.180 691.430 717.520 701.840 882.040 914.830 ------------------------367.830 395.760 407.350 397.660 372.950 367.270 ------------367.830 395.760 407.350 397.660 372.950 367.270 1,707.300 1,719.450 1,736.890 1,763.810 1,835.580 1,821.570 ------------------------------------------------72.020 72.020 72.020 72.020 72.020 72.020 ------72.020 72.020 72.020 72.020 72.020 72.020 474.470 475.870 468.240 472.180 471.510 476.680 438.310 448.260 430.310 434.330 429.910 423.540 (37.820) (41.120) (42.430) (48.170) (52.680) (59.730) -------------------------------

(84.250) (84.790) (67.920) (60.130) (90.710) (89.370) (84.250) (84.790) (67.920) (60.130) (90.710) (89.370) 862.730 870.250 860.220 870.230 830.050 823.140 2,570.030 2,589.700 2,597.110 2,634.040 2,665.630 2,644.710 55.950 55.790 55.750 55.470 55.270 54.960 ------------------55.950 55.790 55.750 55.470 55.270 54.960 1.660 1.830 1.870 2.150 2.340 2.650 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------2005 Q3 9/30/2005 9 Months Update 9/30/2005

2005 Q2 6/30/2005 6 Months Update 6/30/2005

2005 Q1 2004 Q4 3/31/2005 12/31/2004 3 Months 12 Months Update Reclassified 3/31/2005 12/31/2006

2004 Q3 9/30/2004 9 Months Update 9/30/2004

2004 Q2 6/30/2004 6 Months Update 6/30/2004

10-Q 7/27/2006 Complete 3.990 45.690 45.690 7.650 -7.650 (33.780) ---28.550 -(5.140) 38.010 61.420 12.840 (38.820) (13.580) 2.580 2.980 3.660 --(34.710) --(65.040) 19.920 (25.520) --(25.520) 0.000 -0.000 -----(2.160) (2.160) (27.680) (9.320) (9.320) ---1.110 -1.110

10-Q 7/27/2006 Complete 13.940 31.400 31.400 5.250 -5.250 (17.720) ---0.400 -(3.440) 17.900 14.860 1.640 (35.110) (12.530) 2.980 (4.390) 3.030 --(5.930) --(50.310) (2.600) (17.890) --(17.890) 0.000 -0.000 -----(1.740) (1.740) (19.620) -----1.110 -1.110

10-Q 7/27/2006 Complete (4.010) 16.490 16.490 2.670 -2.670 (6.070) ---0.070 -(1.670) 8.280 6.690 17.540 (29.940) (9.400) 0.670 (16.020) (25.200) --(0.150) --(62.500) (46.740) (8.970) --(8.970) 0.000 -0.000 -----0.000 0.000 (8.970) ---------

10-K 3/1/2007 Complete 27.070 62.470 62.470 10.690 -10.690 (1.870) -(7.390) -(4.230) -1.000 7.850 (2.770) 39.390 20.960 8.900 (1.000) 46.590 32.060 --25.030 --171.910 267.500 (45.240) --(45.240) (9.430) -12.590 -----28.000 31.160 (14.080) (0.670) (0.670) ----0.000 0.000

10-Q 4/26/2006 Complete 19.780 46.650 46.650 8.030 -8.030 (4.930) ---1.360 --4.520 5.880 4.060 (20.900) (5.630) 0.380 7.590 18.690 --7.230 --11.420 86.840 (28.530) --(28.530) (9.430) -4.090 -----0.000 (5.340) (33.860) (0.670) (0.670) ---2.490 -2.490

10-Q 4/26/2006 Complete 13.410 30.940 30.940 5.510 -5.510 (1.150) ---0.230 --2.670 2.900 3.460 (20.970) (4.290) 0.210 5.980 (1.690) --1.780 --(15.520) 36.090 (20.810) --(20.810) (9.430) -3.630 -----0.000 (5.800) (26.610) -----1.120 -1.120

--------1.110 --(3.990) 600.000 (607.040) (7.040) --(11.030) (19.240) (1.520) (28.530) 63.760 35.230 ------

--------1.110 --1.070 -0.000 0.000 --1.070 2.180 (2.530) (22.570) 63.760 41.190 ------

-----0.510 --0.510 --20.370 -0.000 0.000 --20.370 20.880 (1.220) (36.040) 63.760 27.720 ------

-----6.790 --6.790 --0.000 98.840 (355.570) (256.730) --(256.730) (250.610) 7.420 10.240 53.520 63.760 75.000 35.630 ----

--------2.490 --(0.360) 85.000 (152.480) (67.480) --(67.840) (66.010) (0.010) (13.040) 53.520 40.480 ------

--------1.120 --(0.720) -(37.480) (37.480) --(38.200) (37.080) (1.470) (29.070) 53.520 24.450 ------

2005 Q3

2005 Q2

2005 Q1

2004 Q4

2004 Q3

2004 Q2

3.7% 1.2% 4.5%

4.0% 1.2% 3.3%

$18.8 680.4 -862.7 $1,561.9

$107.0 584.5 -870.3 $1,561.7

$86.6 630.9 -860.2 $1,577.7

$44.1 657.8 -870.2 $1,572.1

$70.6 811.4 -830.1 $1,712.1

$83.7 831.1 -823.1 $1,738.0

$1.70

$1.69

$31 2,661 1.2%

$33 2,634 1.3%

$2,661 2,570 1.0x

$2,634 2,590 1.0x

1.2%

1.3%

2,570 830 3.1x

2,590 823 3.1x

3.7%

4.0%

$830 $657 $0 $72 $24 $77

$808 $647 $0 $73 $30 $58

$19 $680 $863 $1,562

$107 $584 $870 $1,562

4.5%

3.3%

$201 ($42) $158

$229 ($42) $186

$31

$33

513.0%

565.8%

$87 $631 $860 $1,578

$44 $658 $870 $1,572

$71 $811 $830 $1,712

$84 $831 $823 $1,738

All Financial Reports

Hawkins Inc Income Statement - Annual Standardised in Millions of US Dollar Fiscal Period: 2009 2008 2007 2006 2005 Period End Date: 3/29/2009 3/30/2008 4/1/2007 4/2/2006 4/3/2005 Period Length: 52 Weeks 52 Weeks 52 Weeks 52 Weeks 53 Weeks Update Type: Update Restated Restated Update Update Update Date: 3/29/2009 3/29/2009 3/29/2009 4/2/2006 4/3/2005 Source 10-K 10-K 10-K 10-K 10-K Source Date: 6/5/2009 6/5/2009 6/5/2009 6/16/2006 7/1/2005 Complete Statement: Complete Complete Complete Complete Complete Auditor Code: DT DT DT DT DT Net Sales 284.360 186.660 151.770 143.330 115.280 Gross Revenue -----Sales Returns and Allowances -----Excise Tax Receipts -----Revenue 284.360 186.660 151.770 143.330 115.280 Interest Income, Non-Bank -----Other Revenue -----Other Revenue, Total -----Total Revenue 284.360 186.660 151.770 143.330 115.280 Cost of Revenue 221.940 148.140 117.060 110.110 85.670 Excise Taxes Payments -----Cost of Revenue, Total 221.940 148.140 117.060 110.110 85.670 Gross Profit 62.420 38.530 34.710 33.220 29.610 Selling/General/Administrative Expense 25.080 26.520 24.000 21.510 18.090 Labor & Related Expense -----Advertising Expense -----Selling/General/Admin. Expenses, Total 25.080 26.520 24.000 21.510 18.090 Research & Development 0 0 0 0 0 Depreciation -----Amortization of Intangibles -----Amortization of Acquisition Costs -----Depreciation/Amortization -----Interest Expense - Operating -----Interest Capitalized - Operating -----Interest Expense, Net - Operating -----Interest Income - Operating -----Investment Income - Operating -----Interest/Investment Income - Operating -----Interest Expense(Income) - Net Operating -----Interest Exp.(Inc.),Net-Operating, Total -----Purchased R&D Written-Off -----Restructuring Charge -----Litigation ---(1.060) 0.000 Impairment-Assets Held for Use -----Impairment-Assets Held for Sale -----Other Unusual Expense (Income) -----Unusual Expense (Income) ---(1.060) 0.000 Foreign Currency Adjustment -----Unrealized Losses (Gains) -----Minimum Pension Liability Adjustment ------

2004 3/28/2004 52 Weeks Update 3/28/2004 10-K 6/10/2004 Complete DT 107.030 ---107.030 ---107.030 79.050 -79.050 27.970 16.790 --16.790 0 --------------3.000 ---3.000 ----

Loss(Gain) on Sale of Assets - Operating Other Operating Expense Other, Net Other Operating Expenses, Total Total Operating Expense Operating Income Interest Expense - Non-Operating Interest Capitalized - Non-Operating Interest Expense, Net Non-Operating Interest Income - Non-Operating Investment Income - Non-Operating Interest/Invest Income - Non-Operating Interest Income(Exp), Net Non-Operating Interest Inc.(Exp.),Net-Non-Op., Total Gain (Loss) on Sale of Assets Foreign Currency Adjustment Unrealized Gains (Losses) Minimum Pension Liability Adjustment Other Non-Operating Income (Expense) Other, Net Net Income Before Taxes Provision for Income Taxes Net Income After Taxes Minority Interest Equity In Affiliates U.S. GAAP Adjustment Net Income Before Extra. Items Accounting Change Discontinued Operations Extraordinary Item Tax on Extraordinary Items Total Extraordinary Items Net Income Preferred Dividends General Partners' Distributions Miscellaneous Earnings Adjustment Pro Forma Adjustment Interest Adjustment - Primary EPS Total Adjustments to Net Income Income Available to Com Excl ExtraOrd Income Available to Com Incl ExtraOrd Basic Weighted Average Shares Basic EPS Excluding Extraordinary Items Basic EPS Including Extraordinary Items Dilution Adjustment Diluted Net Income Diluted Weighted Average Shares Diluted EPS Excluding ExtraOrd Items Diluted EPS Including ExtraOrd Items DPS - Common Stock Primary Issue Dividends per Share - Com Stock Issue 2 Dividends per Share - Com Stock Issue 3 Dividends per Share - Com Stock Issue 4 Special DPS - Common Stock Primary Issue

----247.020 37.340 ----0.340 0.340 -0.340 ------37.680 14.250 23.420 ---23.420 -0.340 --0.340 23.760 ------23.420 23.760 10.240 2.290 2.320 -23.760 10.250 2.290 2.320 0.520 -----

----174.660 12.000 ----1.340 1.340 -1.340 ------13.350 4.860 8.490 ---8.490 -0.620 --0.620 9.110 ------8.490 9.110 10.210 0.830 0.890 -9.110 10.210 0.830 0.890 0.480 -----

----141.060 10.710 ----1.690 1.690 -1.690 ------12.400 4.680 7.720 ---7.720 -0.350 --0.350 8.070 ------7.720 8.070 10.170 0.760 0.790 -8.070 10.170 0.760 0.790 0.440 -----

----130.570 12.760 0.000 -0.000 -0.890 0.890 -0.890 ------13.660 4.770 8.890 ---8.890 -----8.890 ------8.890 8.890 10.200 0.870 0.870 -8.890 10.210 0.870 0.870 0.400 -----

----103.760 11.520 0.000 -0.000 -1.120 1.120 -1.120 ------12.640 4.550 8.090 ---8.090 -----8.090 ------8.090 8.090 10.220 0.790 0.790 0.000 8.090 10.220 0.790 0.790 0.360 -----

----98.850 8.180 0.000 -0.000 0.830 -0.830 -0.830 ------9.010 3.260 5.750 ---5.750 -----5.750 ------5.750 5.750 10.220 0.560 0.560 0.000 5.750 10.220 0.560 0.560 0.360 -----

Special DPS - Common Stock Issue 2 Special DPS - Common Stock Issue 3 Special DPS - Common Stock Issue 4 Gross Dividends - Common Stock (Gain) Loss on Sale of Assets, Suppl. Impairment-Assets Held for Sale, Suppl. Impairment-Assets Held for Use, Suppl. Litigation Charge, Supplemental Purchased R&D Written-Off, Supplemental Restructuring Charge, Supplemental Other Unusual Expense(Income), Suppl. Non-Recurring Items, Supplemental, Total Total Special Items Normalized Income Before Taxes Effect of Special Items on Income Taxes Inc Tax Ex Impact of Sp Items Normalized Income After Taxes Normalized Inc. Avail to Com. Basic Normalized EPS Diluted Normalized EPS Pro Forma Stock Compensation Expense Net Income after Stock Based Comp. Exp. Basic EPS after Stock Based Comp. Exp. Diluted EPS after Stock Based Comp. Exp. Stock-Based Compensation, Supplemental Interest Expense, Supplemental Interest Capitalized, Supplemental Depreciation, Supplemental Funds From Operations - REIT Amort of Acquisition Costs, Supplemental Amort of Intangibles, Supplemental Rental Expense, Supplemental EPS, Supplemental Advertising Expense, Supplemental Equity in Affiliates, Supplemental Minority Interest, Supplemental Research & Development Exp, Supplemental Audit Fees Audit-Related Fees Tax Fees All Other Fees Reported Recurring Revenue Reported Net Premiums Written Reported Total Revenue Reported Operating Revenue Reported Total Cost of Revenue Reported Total Sales, General & Admin. Reported Gross Profit Reported Operating Profit Reported Operating Profit Margin Reported Ordinary Profit Reported Net Income After Tax Reported Basic EPS Reported Diluted EPS

---5.330 ---------37.680 -14.250 23.420 23.420 2.290 2.290 -------5.110 --0.470 0.640 -----------------------

---4.920 ---------13.350 -4.860 8.490 8.490 0.830 0.830 -------4.800 --0.450 0.500 -----0.360 0.060 0.080 ---------------

---4.490 ---------12.400 -4.680 7.720 7.720 0.760 0.760 -------4.110 --0.230 0.370 -----0.400 0.020 0.040 ---------------

---4.080 --------(1.060) 12.600 (0.370) 4.400 8.200 8.200 0.800 0.800 -----0.000 -3.440 --0.250 0.360 -----0.330 0.020 0.000 ---------------

---3.690 --------0.000 12.640 0.000 4.550 8.090 8.090 0.790 0.790 -----0.000 -4.240 --0.290 0.310 -----0.390 0.020 0.010 0.060 --------------

---3.680 --------3.000 12.010 1.080 4.340 7.670 7.670 0.750 0.750 -----0.000 -2.710 --0.280 0.220 -----0.110 0.020 0.010 0.570 --------------

Reported Net Business Profits

--

--

--

--

--

--

Balance Sheet (Differentiates) Annual - Standardised in Millions of US Dollar Fiscal Period: 2009 2008 2007 2006 Period End Date: 3/29/2009 3/30/2008 4/1/2007 4/2/2006 Update Type: Update Update Update Update Update Date: 3/29/2009 3/30/2008 4/1/2007 4/2/2006 Source 10-K 10-K 10-K 10-K Source Date: 6/5/2009 6/13/2008 6/15/2007 6/16/2006 Complete Statement: Complete Complete Complete Complete Auditor Code: DT DT DT DT Cash ----Cash & Equivalents 29.540 21.510 11.590 6.330 Short Term Investments 0.000 2.280 13.710 14.170 Cash and Short Term Investments 29.540 23.790 25.310 20.500 Accounts Receivable - Trade, Gross 29.230 24.010 19.890 16.410 Provision for Doubtful Accounts (0.350) (0.230) (0.230) (0.230) Accounts Receivable - Trade, Net 28.880 23.790 19.660 16.190 Notes Receivable - Short Term ----Receivables - Other ----Total Receivables, Net 28.880 23.790 19.660 16.190 Inventories - Finished Goods 34.480 18.510 15.960 14.310 Inventories - Work In Progress ----Inventories - Raw Materials ----Inventories - Other ----LIFO Reserve (14.530) (4.500) (3.170) (3.860) Total Inventory 19.950 14.010 12.790 10.450 Prepaid Expenses 3.880 3.620 3.210 2.310 Restricted Cash - Current ----Deferred Income Tax - Current Asset ----Discountinued Operations - Current Asset ----Other Current Assets 1.890 0.000 --Other Current Assets, Total 1.890 0.000 --Total Current Assets 84.140 65.200 60.970 49.450 Buildings - Gross 36.680 31.850 30.520 30.080 Land/Improvements - Gross 1.820 1.420 1.420 1.350 Machinery/Equipment - Gross 47.250 38.700 35.550 32.760 Construction in Progress - Gross ----Leases - Gross ----Natural Resources - Gross ----Other Property/Plant/Equipment - Gross ----Property/Plant/Equipment, Total - Gross 85.760 71.960 67.490 64.190 Accumulated Depreciation, Total (40.140) (36.030) (32.770) (29.470) Property/Plant/Equipment, Total - Net 45.620 35.930 34.720 34.720 Goodwill - Gross ----Accumulated Goodwill Amortization ----Goodwill, Net 1.200 1.200 --Intangibles - Gross 7.790 7.790 3.480 3.480 Accumulated Intangible Amortization (2.560) (2.090) (1.640) (1.420) Intangibles, Net 5.240 5.700 1.840 2.070 LT Investment - Affiliate Companies ----LT Investments - Other 0.000 0.580 3.010 5.660 Long Term Investments 0.000 0.580 3.010 5.660

2005 2004 4/3/2005 3/28/2004 Update Reclassified 4/3/2005 4/3/2005 10-K 10-K 7/1/2005 7/1/2005 Complete Complete DT DT --4.570 1.560 6.670 21.310 11.240 22.870 13.900 11.580 (0.230) (0.280) 13.670 11.310 ----13.670 11.310 11.080 9.290 ------(2.490) (0.400) 8.590 8.890 2.220 3.570 ----------35.720 46.640 28.430 28.380 0.810 0.790 28.520 24.220 --------57.760 53.400 (26.780) (23.860) 30.970 29.530 ------4.360 4.360 (1.870) (1.590) 2.490 2.780 --16.090 1.780 16.090 1.780

Note Receivable - Long Term Deferred Charges Pension Benefits - Overfunded Defered Income Tax - Long Term Asset Discontinued Operations - LT Asset Restricted Cash - Long Term Other Long Term Assets Other Long Term Assets, Total Total Assets Accounts Payable Payable/Accrued Accrued Expenses Notes Payable/Short Term Debt Current Port. of LT Debt/Capital Leases Dividends Payable Customer Advances Security Deposits Income Taxes Payable Other Payables Deferred Income Tax - Current Liability Discontinued Operations - Curr Liability Other Current Liabilities Other Current liabilities, Total Total Current Liabilities Long Term Debt Capital Lease Obligations Total Long Term Debt Total Debt Deferred Income Tax - LT Liability Deferred Income Tax Minority Interest Reserves Pension Benefits - Underfunded Other Long Term Liabilities Discontinued Operations - Liabilities Other Liabilities, Total Total Liabilities Redeemable Preferred Stock Redeemable Convertible Preferred Stock Redeemable Preferred Stock, Total Preferred Stock - Non Redeemable Convertible Preferred Stock - Non Rdmbl Treasury Stock - Preferred General Partner Preferred Stock - Non Redeemable, Net Common Stock Limited Partner Common Stock, Total Additional Paid-In Capital Retained Earnings (Accumulated Deficit) Treasury Stock - Common ESOP Debt Guarantee Unrealized Gain (Loss) Translation Adjustment

------0.100 0.100 136.290 14.430 -9.800 0.000 0 2.670 -0.950 -----3.610 27.840 --0.000 0.000 4.120 4.120 ---0.600 -0.600 32.560 --------0.510 -0.510 38.370 64.860 -----

------0.320 0.320 108.940 11.780 -7.480 0.000 0 2.460 -0.980 -----3.440 22.710 --0.000 0.000 1.100 1.100 ---0.120 -0.120 23.920 --------0.510 -0.510 38.090 46.430 -----

------0.730 0.730 101.270 10.890 -6.600 0.000 0 2.250 -0.990 -----3.240 20.730 --0.000 0.000 0.420 0.420 ---0.140 -0.140 21.290 --------0.510 -0.510 37.240 42.240 -----

------2.170 2.170 94.060 8.700 -5.850 0.000 0 2.030 -0.990 -----3.020 17.570 --0.000 0.000 0.270 0.270 ---0.130 -0.130 17.960 --------0.510 -0.510 37.060 38.660 -----

------2.380 2.380 87.660 5.950 -5.370 0.000 0 1.850 -1.100 -----2.940 14.260 --0.000 0.000 1.180 1.180 ---0.020 -0.020 15.460 --------0.510 -0.510 38.230 33.850 -----

------1.900 1.900 82.620 4.750 -4.920 0.000 0 1.840 -1.500 -----3.330 13.010 --0.000 0.000 1.620 1.620 ---0.090 -0.090 14.710 --------0.510 -0.510 37.750 29.450 -----

Other Equity Minimum Pension Liability Adjustment Other Comprehensive Income Other Equity, Total Total Equity Total Liabilities & Shareholders' Equity Shares Outs - Common Stock Primary Issue Shares Outstanding - Common Issue 2 Shares Outstanding - Common Issue 3 Shares Outstanding - Common Issue 4 Total Common Shares Outstanding Treas Shares - Common Stock Prmry Issue Treasury Shares - Common Issue 2 Treasury Shares - Common Issue 3 Treasury Shares - Common Issue 4 Shares Outstanding - Preferred Issue 1 Shares Outstanding - Preferred Issue 2 Shares Outstanding - Preferred Issue 3 Shares Outstanding - Preferred Issue 4 Shares Outstanding - Preferred Issue 5 Shares Outstanding - Preferred Issue 6 Total Preferred Shares Outstanding Treasury Shares - Preferred Issue 1 Treasury Shares - Preferred Issue 2 Treasury Shares - Preferred Issue 3 Treasury Shares - Preferred Issue 4 Treasury Shares - Preferred Issue 5 Treasury Shares - Preferred Issue 6 Full-Time Employees Part-Time Employees Number of Common Shareholders Accumulated Goodwill Amortization Suppl. Accumulated Intangible Amort, Suppl. Deferred Revenue - Current Deferred Revenue - Long Term Total Risk-Weighted Capital Tier 1 Capital % Total Capital % Trading Account Credit Exposure Non-Performing Loans Assets under Management Reported Total Assets Reported Total Liabilities Shareholders' Equity Excl. Stock Subscr. Reported Shareholder's Equity Reported Net Assets Reported Net Assets to Total Assets Reported Return on Assets Reported Return on Equity

------------(0.010) (0.010) (0.010) (0.130) (0.400) 0.200 (0.010) (0.010) (0.010) (0.130) (0.400) 0.200 103.730 85.020 79.980 76.100 72.200 67.900 136.290 108.940 101.270 94.060 87.660 82.620 10.250 10.240 10.170 10.170 10.260 10.220 ------------------10.250 10.240 10.170 10.170 10.260 10.220 0.000 0.000 ----------------------------------------------------------------------------------------------------281.000 265.000 243.000 235.000 217.000 205.000 ------1,985.000 1,191.000 1,380.000 1,980.000 1,725.000 1,750.000 ------2.560 2.090 1.640 1.420 1.870 1.590 -------------------------------------------------------------------------------------------------------

Cash Flow (Indirect) - Annual - Standardised in Millions of US Dollar [+] Add Item Fiscal Period: 2009 2008 Period End Date: 3/29/2009 3/30/2008 Period Length: 52 Weeks 52 Weeks

2007 4/1/2007 52 Weeks

2006 4/2/2006 52 Weeks

2005 4/3/2005 53 Weeks

2004 3/28/2004 52 Weeks

Update Type: Update Update Update Update Update Date: 3/29/2009 3/30/2008 4/1/2007 4/2/2006 Source 10-K 10-K 10-K 10-K Source Date: 6/5/2009 6/13/2008 6/15/2007 6/16/2006 Complete Statement: Complete Complete Complete Complete Auditor Code: DT DT DT DT Net Income/Starting Line 23.760 9.110 8.070 8.890 Depreciation 5.580 5.250 4.340 3.690 Depreciation/Depletion 5.580 5.250 4.340 3.690 Amortization of Intangibles ----Amortization of Acquisition Costs ----Amortization 0 0 0 0 Deferred Taxes 3.050 0.680 0.160 (0.950) Accounting Change ----Discontinued Operations ----Extraordinary Item ----Unusual Items 0.130 (0.160) 0.230 (0.760) Purchased R&D ----Equity in Net Earnings (Loss) ----Other Non-Cash Items 0.280 0.520 0.190 0.200 Non-Cash Items 0.410 0.370 0.410 (0.560) Accounts Receivable (5.100) (3.010) (3.480) (2.510) Inventories (7.830) (0.960) (2.340) (1.860) Prepaid Expenses ----Other Assets ----Accounts Payable 1.840 0.120 2.640 2.130 Accrued Expenses 2.770 0.650 0.730 0.470 Payable/Accrued ----Taxes Payable ----Other Liabilities ----Other Assets & Liabilities, Net (0.050) 0.010 (1.790) 0.180 Other Operating Cash Flow ----Changes in Working Capital (8.370) (3.200) (4.250) (1.600) Cash from Operating Activities 24.430 12.210 8.730 9.460 Purchase of Fixed Assets (14.210) (5.780) (4.690) (6.950) Purchase/Acquisition of Intangibles ----Software Development Costs ----Capital Expenditures (14.210) (5.780) (4.690) (6.950) Acquisition of Business 0.000 (5.960) 0.000 -Sale of Business ----Sale of Fixed Assets 0.090 0.090 0.100 0.240 Sale/Maturity of Investment 2.840 14.070 3.290 4.820 Investment, Net ----Purchase of Investments -0.000 0.000 (2.070) Sale of Intangible Assets ----Intangible, Net ----Other Investing Cash Flow 0.000 0.000 2.100 0.160 Other Investing Cash Flow Items, Total 2.930 8.200 5.490 3.150 Cash from Investing Activities (11.280) 2.420 0.810 (3.800) Other Financing Cash Flow ----Financing Cash Flow Items ----Cash Dividends Paid - Common (5.130) (4.710) (4.270) (3.890) Cash Dividends Paid - Preferred ----Total Cash Dividends Paid (5.130) (4.710) (4.270) (3.890)

Update 4/3/2005 10-K 7/1/2005 Complete DT 8.090 4.520 4.520 --0 0.020 ---0.130 --(0.380) (0.240) (2.370) 0.300 --1.190 (0.020) ---1.110 -0.220 12.620 (5.920) --(5.920) --0.110 11.200 -(11.490) --0.180 0.000 (5.930) --(3.690) -(3.690)

Update 3/28/2004 10-K 6/10/2004 Complete DT 5.750 2.990 2.990 --0 0.270 ---0.070 --(0.040) 0.030 (0.060) 0.510 --(1.100) 0.070 ---(1.050) -(1.630) 7.410 (4.900) --(4.900) --0.050 9.630 -(8.510) --0.190 1.370 (3.530) --(3.680) -(3.680)

Sale/Issuance of Common Repurchase/Retirement of Common Common Stock, Net Sale/Issuance of Preferred Repurchase/Retirement of Preferred Preferred Stock, Net Sale/Issuance of Common/Preferred Repurch./Retirement of Common/Preferred Options Exercised Warrants Converted Treasury Stock Issuance (Retirement) of Stock, Net Short Term Debt Issued Short Term Debt Reduction Short Term Debt, Net Long Term Debt Issued Long Term Debt Reduction Long Term Debt, Net Total Debt Issued Total Debt Reduction Issuance (Retirement) of Debt, Net Cash from Financing Activities Foreign Exchange Effects Net Change in Cash Net Cash - Beginning Balance Net Cash - Ending Balance Cash Interest Paid Cash Taxes Paid Reported Cash from Operating Activities Reported Cash from Investing Activities Reported Cash from Financing Activities

0 0 -------------0 0 ----(5.130) -8.030 21.510 29.540 0 11.590 ----

0 0 -------------0 0 ----(4.710) -9.920 11.590 21.510 0 4.900 ----

0 0 -------------0 0 ----(4.270) -5.260 6.330 11.590 0 5.860 ----

0 0 -------------0 0.000 0.000 --0.000 (3.890) -1.770 4.570 6.330 0.000 5.610 ----

0 0 --------------0.000 0.000 --0.000 (3.690) -3.010 1.560 4.570 0.000 3.370 ----

-0.000 0.000 --------0.000 ----0.000 0.000 --0.000 (3.680) -0.210 1.350 1.560 0.000 3.900 ----

2009

2008

2007

2006

2005

2004

27.5% 21.5% 20.6%

10.6% 8.4% 2.4%

10.1% 8.2% 2.2%

12.3% 10.1% 4.5%

11.9% 9.8% 3.6%

8.8% 7.1% 7.5%

$0.0 --103.7 $103.7

$0.0 --85.0 $85.0

$0.0 --80.0 $80.0

$0.0 --76.1 $76.1

$0.0 --72.2 $72.2

$0.0 --67.9 $67.9

$2.74

$2.20

$1.90

$1.88

$1.60

$1.58

Net Income Revenue Profit Margin

$23 284 8.2%

$8 187 4.5%

$8 152 5.1%

$9 143 6.2%

$8 115 7.0%

$6 107 5.4%

Revenue Total Assets

$284 136

$187 109

$152 101

$143 94

$115 88

$107 83

ROE ROA ROIC

Short-term Debt Long-Term Debt Preferred Stock Equity Common Stock Equity Invested Capital $ Revenue / $ Invested Capital DuPont ROE Analysis

Asset Utilization

2.1x

1.7x

1.5x

1.5x

1.3x

1.3x

17.2%

7.8%

7.6%

9.5%

9.2%

7.0%

136 85 1.6x

109 80 1.4x

101 76 1.3x

94 72 1.3x

88 68 1.3x

83 66 1.3x

27.5% 16.1% 14.5% 12.8%

10.6%

10.1%

12.3%

11.9%

8.8%

$62 $25 $0 $6 $14 $18

$39 $27 $0 $5 $5 $2

$35 $24 $0 $4 $5 $2

$33 $22 $0 $4 $5 $3

$30 $18 $0 $5 $5 $2

$28 $17 $0 $3 $3 $5

ST debt LT debt Equity Invested Capital

$0 $0 $104 $104

$0 $0 $85 $85

$0 $0 $80 $80

$0 $0 $76 $76

$0 $0 $72 $72

$0 $0 $68 $68

ROIC 3-year average 5-year average 10-year average

20.6% 8.4% 6.7% 6.7%

2.4%

2.2%

4.5%

3.6%

7.5%

$24 ($14) $10

$12 ($6) $6

$9 ($5) $4

$9 ($7) $3

$13 ($6) $7

$7 ($5) $3

$23

$8

$8

$9

$8

$6

43.6% 57.2% 56.6% 62.9%

75.7%

52.3%

28.2%

82.8%

Return on Assets Total Assets Beginning Common Equity Leverage Return on Equity 3-year average 5-year average 10-year average Gross Profit SG&A R&D D&A Taxes NOPAT

OCF Capex FCF Net Income FCF Conversion (FCF/NI) 3-year average 5-year average 10-year average Assumptions Growth Rate Net Operating Profit Margin Tax Rate Dep % of Revs. Investment Rate % of Revs. Working Cap. % of Revs 10 year average OCF Std. dev of 10 year OCF Beta

2008 3-year 52.3% 27.1% 11.2% 6.3% 37.8% 37.3% 2.0% 2.5% 5.0% 3.7% 12.1% 13.4% $11 $5 0.49

Average 5-year 10- year 22.7% 18.2% 6.1% 7.2% 36.6% 36.5% 2.8% 2.8% 4.2% 4.4% 13.4% 16.0%

43.7%

2008

2007

2006

2005

2004

2003

Revenue growth

$284 52.3%

$187 23.0%

$152 5.9%

$143 24.3%

$115 7.7%

$107 2.9%

Net Income Dividends Retained Earning Retention Rate

$23 $5 $18 78.1%

$8 $5 $4 44.5%

$8 $4 $3 44.7%

$9 $4 $5 56.2%

$8 $4 $4 54.4%

$6 $4 $2 36.0%

ROE

27.5%

10.6%

10.1%

12.3%

11.9%

8.8%

Growth (b*ROE)

21.5%

4.7%

4.5%

6.9%

6.5%

3.2%

Clean Operating Income % of Revenues

$32 11.2%

$7 3.6%

$6 4.2%

$8 5.6%

$7 6.1%

$8 7.7%

Taxes % of Pre-tax income

$14 37.8%

$5 36.4%

$5 37.7%

$5 34.9%

$5 36.0%

$3 36.2%

Depreciation % of Revenues

$6 2.0%

$5 2.8%

$4 2.9%

$4 2.6%

$5 3.9%

$3 2.8%

Capex % of Revenues

($14) 5.0%

($6) 3.1%

($5) 3.1%

($7) 4.8%

($6) 5.1%

($5) 4.6%

$29 20 14 $34 12.1%

$24 14 12 $26 13.9%

$20 13 11 $22 14.2%

$16 10 9 $18 12.5%

$14 9 6 $16 14.1%

$11 9 5 $15 14.4%

Accounts Receivable Inventories Payables Working Capital % of Revenues

2003 3/30/2003 52 Weeks Update 3/30/2003 10-K 6/27/2003 Complete DT 104.010 ---104.010 ---104.010 76.050 -76.050 27.960 14.890 --14.890 0 --------------0.000 ---0.000 ----

2002 2001 2000 1999 1998 1997 1996 1995 1994 3/31/2002 9/30/2001 10/1/2000 10/3/1999 9/27/1998 9/28/1997 9/29/1996 10/1/1995 10/2/1994 26 Weeks 52 Weeks 52 Weeks 52 Weeks 52 Weeks 52 Weeks 52 Weeks 52 Weeks 52 Weeks Update Update Reclassified Reclassified Update Update Update Update Restated 3/31/2002 9/30/2001 9/30/2001 9/30/2001 9/27/1998 9/28/1997 9/29/1996 10/1/1995 10/1/1995 10-KT 10-K 10-K 10-K 10-K405 10-K 10-K 10-K405 -6/27/2002 12/21/2001 12/21/2001 12/21/2001 12/28/1998 12/29/1997 12/30/1996 12/28/1995 -Complete Complete Complete Complete Complete Complete Complete Complete Complete DT DT DT DT DT DT DT DT -49.870 107.930 98.020 96.730 94.720 87.750 80.890 83.330 71.420 ---------------------------49.870 107.930 98.020 96.730 94.720 87.750 80.890 83.330 71.420 ---------------------------49.870 107.930 98.020 96.730 94.720 87.750 80.890 83.330 71.420 38.330 83.630 73.220 72.790 72.380 66.410 62.790 65.560 55.290 ---------38.330 83.630 73.220 72.790 72.380 66.410 62.790 65.560 55.290 11.540 24.300 24.800 23.940 22.340 21.330 18.100 17.780 16.140 6.930 14.240 11.770 10.760 10.170 9.500 8.850 8.580 8.260 ------------------6.930 14.240 11.770 10.760 10.170 9.500 8.850 8.580 8.260 0 0 0 0 0 0 0 0 0 ------------------------------------------------------------------------------------------------------------------------------0.000 0.000 0.000 (2.850) 0.000 1.770 0.000 0.750 0.000 ------------------0.000 0.000 0.000 1.110 0.000 0.000 ---0.000 0.000 0.000 (1.740) 0.000 1.770 0.000 0.750 0.000 ----------------------------

----90.940 13.070 0.000 -0.000 0.370 -0.370 -0.360 ------13.430 5.000 8.430 ---8.430 -----8.430 ------8.430 8.430 10.220 0.830 0.830 0.000 8.430 10.220 0.830 0.830 0.300 -----

----45.260 4.610 (0.010) -(0.010) 0.230 -0.230 -0.220 ------4.830 1.750 3.080 ---3.080 -----3.080 ------3.080 3.080 10.220 0.300 0.300 0.000 3.080 10.220 0.300 0.300 0.150 -----

----97.880 10.060 (0.030) -(0.030) 0.730 -0.730 -0.700 ------10.760 3.640 7.120 ---7.120 -----7.120 ------7.120 7.120 10.350 0.690 0.690 0.000 7.120 10.350 0.690 0.690 0.300 -----

----84.990 13.040 (0.030) -(0.030) 1.070 -1.070 -1.040 ------14.080 5.510 8.570 ---8.570 -----8.570 ------8.570 8.570 10.620 0.810 0.810 0.000 8.570 10.620 0.810 0.810 0.290 -----

----81.810 14.920 (0.040) -(0.040) 1.120 -1.120 -1.090 ------16.010 6.310 9.700 ---9.700 -----9.700 ------9.700 9.700 11.130 0.870 0.870 0.000 9.700 11.130 0.870 0.870 0.250 -----

----82.550 12.170 (0.040) -(0.040) 1.240 -1.240 -1.190 0.000 ---0.080 0.080 13.450 5.240 8.210 ---8.210 -----8.210 ------8.210 8.210 11.590 0.710 0.710 0.000 8.210 11.590 0.710 0.710 0.190 -----

----77.690 10.060 (0.050) -(0.050) 1.150 -1.150 -1.110 1.330 ---0.240 0.240 12.730 4.940 7.790 ---7.790 -0.000 --0.000 7.790 ------7.790 7.790 11.600 0.670 0.670 0.000 7.790 11.600 0.670 0.670 0.160 -----

----71.640 9.240 (0.050) -(0.050) 1.000 -1.000 -0.940 ----0.260 0.260 10.450 3.970 6.480 ---6.480 -0.000 --0.000 6.480 ------6.480 6.480 11.600 0.560 0.560 0.000 6.480 11.600 0.560 0.560 0.140 -----

----74.890 8.450 (0.060) -(0.060) 0.930 -0.930 -0.880 ----0.170 0.170 9.490 3.760 5.730 ---5.730 -(0.390) --(0.390) 5.330 ------5.730 5.330 11.600 0.490 0.460 0.000 5.330 11.600 0.490 0.460 0.190 -----

----63.540 7.880 (0.070) -(0.070) ----(0.070) ----0.600 0.600 8.410 3.360 5.040 ---5.040 -0.030 --0.030 5.070 ------5.040 5.070 11.600 0.430 0.440 0.000 5.070 11.600 0.430 0.440 0.110 -----

---3.370 --------0.000 13.430 0.000 5.000 8.430 8.430 0.830 0.830 -----0.000 -2.680 --0.280 0.220 -----0.100 0.020 0.010 0.000 --------------

---1.530 --------0.000 4.830 0.000 1.750 3.080 3.080 0.300 0.300 -----0.010 -1.340 --0.140 0.100 -----0.080 0.000 -0.020 --------------

---3.090 --------0.000 10.760 0.000 3.640 7.120 7.120 0.690 0.690 -----0.030 -2.450 --0.280 0.170 -----0.100 0.110 -0.040 --------------

---3.360 --------0.000 14.080 0.000 5.510 8.570 8.570 0.810 0.810 -----0.030 -2.120 --0.140 0.140 -----------------------

---2.980 --------(1.740) 14.270 (0.690) 5.620 8.640 8.640 0.780 0.780 -----0.040 -2.040 --0.060 0.050 -----------------------

---2.310 --------0.000 13.450 0.000 5.240 8.210 8.210 0.710 0.710 -----0.040 -1.990 ---0.050 -----------------------

---2.040 --------0.450 13.170 0.170 5.110 8.060 8.060 0.690 0.690 -----0.050 -1.690 ---0.050 -----------------------

---1.730 --------0.000 10.450 0.000 3.970 6.480 6.480 0.560 0.560 -----0.050 -1.410 --0.070 0.060 -----------------------

---2.170 --------0.750 10.240 0.300 4.060 6.180 6.180 0.530 0.530 -----0.060 -1.300 --0.070 0.040 -----------------------

------------0.000 8.410 0.000 3.360 5.040 5.040 0.430 0.430 -----0.070 -1.190 --0.070 ------------------------

--

2003 3/30/2003 Update 3/30/2003 10-K 6/27/2003 Complete DT -1.350 22.900 24.260 11.530 (0.280) 11.250 --11.250 9.910 ---(0.510) 9.400 2.500 -----47.410 27.200 0.720 21.790 ----49.710 (22.240) 27.470 ---4.360 (1.300) 3.060 ----

--

--

--

2002 2001 2000 3/31/2002 9/30/2001 10/1/2000 Update Update Update 3/31/2002 9/30/2001 10/1/2000 10-KT 10-K 10-K 6/27/2002 12/21/2001 12/27/2000 Complete Complete Complete DT DT DT ---7.340 1.120 2.190 7.170 11.480 12.030 14.510 12.600 14.220 10.910 12.550 11.990 (0.300) (0.340) (0.380) 10.610 12.210 11.610 --0.160 ---10.610 12.210 11.770 10.700 15.700 9.510 ---------(1.300) (3.110) (0.580) 9.400 12.590 8.930 1.980 1.270 2.660 ---------------36.500 38.670 37.580 26.820 26.330 23.320 0.630 0.630 0.630 20.340 19.940 16.380 ------------47.790 46.910 40.330 (19.850) (18.730) (16.650) 27.940 28.170 23.690 ---------4.360 4.360 4.360 (1.020) (0.880) (0.590) 3.350 3.490 3.770 -----2.050 --2.050

--

--

--

--

--

--

1999 1998 1997 1996 1995 1994 10/3/1999 9/27/1998 9/28/1997 9/29/1996 10/1/1995 10/2/1994 Update Update Update Update Update Restated 10/3/1999 9/27/1998 9/28/1997 9/29/1996 10/1/1995 10/1/1995 10-K405 10-K405 10-K 10-K 10-K405 -1/3/2000 12/28/1998 12/29/1997 12/30/1996 12/28/1995 -Complete Complete Complete Complete Complete Complete DT DT DT DT DT -------4.780 3.200 8.070 8.930 9.910 6.910 17.430 14.540 11.980 10.510 7.970 6.580 22.200 17.740 20.050 19.440 17.880 13.490 11.710 11.820 11.480 10.080 10.860 -(0.380) (0.380) (0.360) (0.340) (0.350) -11.330 11.440 11.120 9.740 10.510 9.510 0.300 0.270 0.220 0.170 0.210 0.000 ------11.630 11.710 11.340 9.910 10.720 9.510 8.950 12.840 9.030 9.960 10.510 -------------------(0.570) (2.030) (0.450) (1.370) (1.840) -8.380 10.820 8.580 8.580 8.660 7.850 2.540 1.850 1.910 0.920 1.650 1.340 -------------0.000 0.000 0.000 0.000 1.600 -------0.000 0.000 0.000 0.000 1.600 44.750 42.110 41.880 38.860 38.910 33.780 18.370 17.590 14.720 13.240 11.550 -0.630 0.650 0.660 0.670 0.640 -15.470 14.490 12.900 10.670 9.790 -------------------------34.470 32.730 28.270 24.590 21.980 19.210 (15.800) (14.310) (12.780) (11.400) (10.540) (9.630) 18.670 18.420 15.490 13.190 11.440 9.580 ------------------1.060 1.060 1.060 1.130 1.130 -(0.460) (0.390) (0.330) (0.310) (0.240) -0.600 0.660 0.730 0.820 0.880 0.000 ------1.950 1.850 1.750 0.000 0.000 0.000 1.950 1.850 1.750 0.000 0.000 0.000

------3.160 3.160 81.100 5.860 -4.770 0.000 0.000 1.840 -1.440 -----3.280 13.900 --0.000 0.000 1.260 1.260 ---0.230 -0.230 15.390 --------0.510 -0.510 37.750 27.380 -----

------3.710 3.710 71.490 4.100 -2.650 0.000 0.120 1.530 -1.360 -----2.890 9.750 0.000 -0.000 0.120 0.950 0.950 ---0.350 -0.350 11.060 --------0.510 -0.510 37.750 22.320 -----

------4.550 4.550 74.870 7.300 -4.230 0.000 0.110 1.540 -1.350 -----2.890 14.520 0.120 -0.120 0.230 0.740 0.740 ---0.410 -0.410 15.790 --------0.510 -0.510 37.870 20.900 -----

2.610 -----0.200 0.200 69.900 5.010 -3.260 0.000 0.100 1.570 -1.530 -----3.100 11.460 0.230 -0.230 0.330 0.940 0.940 ---0.600 -0.600 13.220 --------0.520 -0.520 38.490 17.660 -----

2.840 -----0.190 0.190 69.000 5.030 -3.290 0.000 0.100 1.310 -1.550 -----2.860 11.280 0.330 -0.330 0.420 1.030 1.030 ---0.790 -0.790 13.420 --------0.550 -0.550 40.130 14.900 -----

3.300 -----0.180 0.180 66.540 4.970 -3.910 0.000 0.090 1.150 -1.500 -----2.650 11.620 0.420 -0.420 0.510 1.010 1.010 ---0.000 -0.000 13.060 --------0.570 -0.570 41.960 10.950 -----

3.640 -----0.170 0.170 63.650 5.730 -4.840 0.000 0.060 1.040 -1.540 -----2.580 13.220 0.510 -0.510 0.570 0.980 0.980 ------14.710 --------0.580 -0.580 42.520 5.840 -----

1.800 -----1.830 1.830 56.490 6.710 -3.140 0.000 0.060 0.880 -1.680 -----2.570 12.470 0.570 -0.570 0.630 0.430 0.430 ------13.470 --------0.550 -0.550 38.680 3.780 -----

0.720 -----1.750 1.750 53.690 8.690 -3.450 0.000 0.050 0.740 -1.630 -----2.370 14.570 0.630 -0.630 0.680 0.380 0.380 ------15.570 --------0.530 -0.530 34.240 3.360 -----

0.000 -----2.610 2.610 45.980 5.750 -2.150 0.000 0.050 0.640 -1.600 -----2.240 10.190 0.680 -0.680 0.730 0.340 0.340 ------11.200 --------0.480 -0.480 26.870 7.430 -----

--0.080 0.080 65.710 81.100 10.220 ---10.220 -----------------201.000 -1,400.000 -1.300 ------------------

--(0.150) (0.150) 60.430 71.490 10.220 ---10.220 -----------------200.000 -700.000 -1.020 ------------------

--(0.190) (0.190) 59.080 74.870 10.250 ---10.250 -----------------200.000 -700.000 -0.880 ------------------

--0.000 0.000 56.670 69.900 10.420 ---10.420 -----------------182.000 -800.000 -0.590 ------------------

----55.580 69.000 10.950 ---10.950 -----------------157.000 -777.000 -0.460 ------------------

----53.480 66.540 11.450 ---11.450 -----------------156.000 -786.000 -0.390 ------------------

----48.940 63.650 11.600 ---11.600 -----------------151.000 -825.000 -0.330 ------------------

----43.020 56.490 11.600 ---11.600 -----------------145.000 -871.000 -0.310 ------------------

2003 2002 3/30/2003 3/31/2002 52 Weeks 26 Weeks

2001 9/30/2001 52 Weeks

2000 10/1/2000 52 Weeks

1999 10/3/1999 52 Weeks

1998 9/27/1998 52 Weeks

1997 9/28/1997 52 Weeks

1996 9/29/1996 52 Weeks

----38.120 53.690 11.600 ---11.600 -----------------142.000 -868.000 -0.240 ------------------

----34.770 45.980 10.550 ---10.550 ----------------------------------------

1995 1994 10/1/1995 10/2/1994 52 Weeks 52 Weeks

Update Update Update Update 3/30/2003 3/31/2002 9/30/2001 10/1/2000 10-K 10-KT 10-K 10-K 6/27/2003 6/27/2002 12/21/2001 12/27/2000 Complete Complete Complete Complete DT DT DT DT 8.430 3.080 7.120 8.570 2.960 1.480 2.730 2.260 2.960 1.480 2.730 2.260 --------0 0 0 0 (0.120) 0.320 0.420 0.180 ------------0.410 0.010 0.040 0.000 --------(0.070) (0.050) (0.100) (0.110) 0.330 (0.040) (0.070) (0.110) (0.590) 1.600 (0.600) (0.280) 0.000 3.190 (3.660) (0.510) --------1.760 (3.200) 2.290 (0.030) 2.080 (1.630) 0.600 (0.240) ------------(0.260) (0.950) 1.130 (0.140) ----2.990 (0.990) (0.240) (1.200) 14.590 3.860 9.950 9.690 (2.350) (1.150) (7.060) (7.220) --------(2.350) (1.150) (7.060) (7.220) --0.000 (2.700) ----0.060 0.030 0.090 0.090 6.020 8.800 1.030 7.640 ----(21.400) (3.600) (0.800) (2.250) --------0.270 0.180 0.360 0.380 (15.050) 5.410 0.680 3.160 (17.390) 4.260 (6.380) (4.060) --------(3.070) (1.540) (3.120) (3.110) ----(3.070) (1.540) (3.120) (3.110)

Update Update Update Update Update Update 10/3/1999 9/27/1998 9/28/1997 9/29/1996 10/1/1995 10/2/1994 10-K405 10-K405 10-K 10-K 10-K405 -1/3/2000 12/28/1998 12/29/1997 12/30/1996 12/28/1995 -Complete Complete Complete Complete Complete Complete DT DT DT DT DT -9.700 8.210 7.790 6.470 5.330 5.070 2.100 1.990 1.690 1.410 1.300 1.190 2.100 1.990 1.690 1.410 1.300 1.190 ---0.070 0.070 0.070 ------0 0 0 0.070 0.070 0.070 (0.970) 0.750 (0.310) 0.230 (0.030) 0.600 ---------0.000 0.070 0.650 ------(0.260) (1.060) (0.260) (0.160) 0.410 0.020 ------------(0.110) (0.110) (0.090) (0.550) 1.160 0.550 (0.370) (1.180) (0.350) (0.710) 1.640 1.210 0.110 (0.320) (1.380) 0.770 (1.000) (0.810) 2.440 (2.240) (1.220) 0.550 (1.670) (2.480) ------------0.060 (0.760) (0.980) (1.980) 2.950 1.110 0.210 0.120 0.380 (0.260) 0.280 0.220 ------------------0.570 (0.460) 0.050 0.690 (0.050) (0.370) ------3.390 (3.660) (3.140) (0.230) 0.500 (2.330) 13.850 6.130 5.680 7.240 8.810 5.820 (2.450) (5.050) (4.020) (4.300) (3.650) (1.760) ------------(2.450) (5.050) (4.020) (4.300) (3.650) (1.760) 0.000 0.000 0.000 0.000 0.000 (1.770) ------0.430 0.170 0.190 0.200 0.500 0.040 1.890 0.000 0.000 ----(2.560) (1.480) (2.540) (1.390) (3.660) (4.770) -----------------0.430 0.290 0.700 0.060 0.220 0.000 (2.020) (2.110) (0.590) (2.280) (0.680) (5.390) (4.470) (7.160) (4.610) (6.580) (4.330) (7.160) -----0.000 -----0.000 (2.820) (2.210) (1.880) (1.580) (1.440) (1.280) ------(2.820) (2.210) (1.880) (1.580) (1.440) (1.280)

-0.000 0.000 --------0.000 ----(0.120) (0.120) --(0.120) (3.180) -(5.990) 7.340 1.350 0.010 5.110 ----

-(0.250) (0.250) --------(0.250) ----(0.110) (0.110) --(0.110) (1.900) -6.220 1.120 7.340 0.020 1.920 ----

-(1.420) (1.420) --------(1.420) ----(0.100) (0.100) --(0.100) (4.640) -(1.070) 2.190 1.120 0.030 2.080 ----

-(5.020) (5.020) --------(5.020) ----(0.100) (0.100) --(0.100) (8.220) -(2.590) 4.780 2.190 0.040 6.070 ----

-(4.890) (4.890) --------(4.890) ----(0.090) (0.090) --(0.090) (7.790) -1.580 3.200 4.780 0.040 6.080 ----

-(1.570) (1.570) --------(1.570) ----(0.060) (0.060) --(0.060) (3.830) -(4.870) 8.070 3.200 0.050 5.740 ----

-0.000 0.000 --------0.000 ----(0.060) (0.060) --(0.060) (1.940) -(0.870) 8.930 8.070 0.050 4.340 ----

-0.000 0.000 --------0.000 ----(0.050) (0.050) --(0.050) (1.630) -(0.970) 9.910 8.930 0.060 3.940 ----

----------------(0.050) (0.050) --(0.050) (1.490) -3.000 6.910 9.910 0.060 2.720 ----

-0.000 0.000 --------0.000 ---0.000 0.000 0.000 --0.000 (1.280) 0.000 (2.610) --0.020 3.460 ----

2003

2002

2001

2000

1999

1998

1997

1996

1995

1994

14.0% 11.8% 8.4%

5.2% 4.1% 2.3%

12.6% 10.2% 6.5%

15.4% 12.4% 9.4%

18.1% 14.6% 8.8%

16.8% 12.9% 10.0%

18.1% 13.8% 11.9%

17.0% 12.1% 9.8%

16.5% 12.5% 11.5%

16.3% 12.6% 10.6%

$0.0 --65.7 $65.7

$0.1 0.0 -60.4 $60.6

$0.1 0.1 -59.1 $59.3

$0.1 0.2 -56.7 $57.0

$0.1 0.3 -55.6 $56.0

$0.1 0.4 -53.5 $54.0

$0.1 0.5 -48.9 $49.5

$0.1 0.6 -43.0 $43.7

$0.1 0.6 -38.1 $38.8

$0.1 0.7 -34.8 $35.5

$1.58

$0.82

$1.82

$1.72

$1.73

$1.75

$1.77

$1.85

$2.15

$2.01

$8 104 8.1%

$3 50 6.2%

$7 108 6.6%

$9 98 8.7%

$10 97 10.0%

$8 95 8.7%

$8 88 8.9%

$6 81 8.0%

$6 83 6.9%

$5 71 7.1%

$104 81

$50 71

$108 75

$98 70

$97 69

$95 67

$88 64

$81 56

$83 54

$71 46

1.3x

0.7x

1.4x

1.4x

1.4x

1.4x

1.4x

1.4x

1.6x

1.6x

10.4%

4.3%

9.5%

12.3%

14.1%

12.3%

12.2%

11.5%

10.7%

11.0%

81 60 1.3x

71 59 1.2x

75 57 1.3x

70 56 1.3x

69 53 1.3x

67 49 1.4x

64 43 1.5x

56 38 1.5x

54 35 1.5x

46 31 1.5x

14.0%

5.2%

12.6%

15.4%

18.1%

16.8%

18.1%

17.0%

16.5%

16.3%

$28 $15 $0 $3 $5 $5

$12 $7 $0 $1 $2 $1

$24 $14 $0 $3 $4 $4

$25 $12 $0 $2 $6 $5

$24 $11 $0 $2 $6 $5

$22 $10 $0 $2 $5 $5

$21 $10 $0 $2 $5 $5

$18 $9 $0 $1 $4 $4

$18 $9 $0 $1 $4 $4

$16 $8 $0 $1 $3 $3

$0 $0 $66 $66

$0 $0 $60 $61

$0 $0 $59 $59

$0 $0 $57 $57

$0 $0 $56 $56

$0 $0 $53 $54

$0 $1 $49 $50

$0 $1 $43 $44

$0 $1 $38 $39

$0 $1 $35 $36

8.4%

2.3%

6.5%

9.4%

8.8%

10.0%

11.9%

9.8%

11.5%

10.6%

$15 ($2) $12

$4 ($1) $3

$10 ($7) $3

$10 ($7) $2

$14 ($2) $11

$6 ($5) $1

$6 ($4) $2

$7 ($4) $3

$9 ($4) $5

$6 ($2) $4

$8

$3

$7

$9

$10

$8

$8

$6

$6

$5

40.6%

28.8%

13.2%

21.3%

145.2%

88.0%

117.5%

45.4%

90.1%

80.6%

2001

2000

1999

1998

1997

1996

1995

1994

1993

$104 $50 108.6% (53.8%)

2002

$108 10.1%

$98 1.3%

$97 2.1%

$95 7.9%

$88 8.5%

$81 (2.9%)

$83 16.7%

$71 17.3%

$8 $3 $5 63.6%

$3 $2 $2 50.0%

$7 $3 $4 56.2%

$9 $3 $5 63.7%

$10 $3 $7 70.9%

$8 $2 $6 73.1%

$8 $2 $6 75.9%

$6 $2 $5 75.6%

$6 $1 $4 74.9%

$5 $1 $4 74.6%

14.0%

5.2%

12.6%

15.4%

18.1%

16.8%

18.1%

17.0%

16.5%

16.3%

8.9%

2.6%

7.1%

9.8%

12.9%

12.3%

13.7%

12.9%

12.3%

12.2%

$10 9.7%

$3 6.3%

$7 6.8%

$11 11.0%

$11 11.5%

$10 10.7%

$10 11.6%

$8 9.6%

$8 9.4%

$7 9.3%

$5 37.2%

$2 36.2%

$4 33.8%

$6 39.1%

$6 39.4%

$5 39.0%

$5 38.8%

$4 38.0%

$4 39.6%

$3 40.0%

$3 2.8%

$1 3.0%

$3 2.5%

$2 2.3%

$2 2.2%

$2 2.1%

$2 1.9%

$1 1.8%

$1 1.6%

$1 1.8%

($2) 2.3%

($1) 2.3%

($7) 6.5%

($7) 7.4%

($2) 2.5%

($5) 5.3%

($4) 4.6%

($4) 5.3%

($4) 4.4%

($2) 2.5%

$11 9 6 $15 14.2%

$11 9 4 $16 31.9%

$12 13 7 $18 16.2%

$12 9 5 $16 15.8%

$11 8 5 $15 15.2%

$11 11 5 $17 18.3%

$11 9 6 $14 15.9%

$10 9 7 $12 14.4%

$11 9 9 $10 12.6%

$10 8 6 $12 16.3%

1993 10/3/1993 52 Weeks Restated 10/1/1995 --Complete -60.910 ---60.910 ---60.910 47.120 -47.120 13.790 6.430 --6.430 0 --------------0.000 ---0.000 ----

1992 9/30/1992 52 Weeks Update 9/30/1992 --Complete -63.510 ---63.510 ---63.510 50.670 -50.670 12.840 6.930 --6.930 0 --------------0.000 ---0.000 ----

1991 9/29/1991 52 Weeks Update 9/29/1991 --Complete -65.580 ---65.580 ---65.580 53.900 -53.900 11.680 6.470 --6.470 0 --------------0.000 ---0.000 ----

1990 9/30/1990 52 Weeks Update 9/30/1990 --Complete -60.370 ---60.370 ---60.370 49.850 -49.850 10.520 6.070 --6.070 0 --------------0.000 ---0.000 ----

----53.550 7.370 ------------0.620 0.620 7.990 3.200 4.790 ---4.790 -(0.340) --(0.340) 4.450 ------4.790 4.450 11.600 0.410 0.380 0.000 4.450 11.600 0.410 0.380 0.080 -----

----57.600 5.910 ------------0.430 0.430 6.340 2.560 3.780 ---3.780 -0.000 --0.000 3.780 ------3.780 3.780 11.610 0.330 0.330 0.000 3.780 11.610 0.330 0.330 0.070 -----

----60.370 5.220 ------------0.550 0.550 5.760 2.270 3.500 ---3.500 -0.000 --0.000 3.500 ------3.500 3.500 11.610 0.300 0.300 0.000 3.500 11.610 0.300 0.300 0.060 -----

----55.920 4.450 ------------0.630 0.630 5.080 1.920 3.160 ---3.160 -0.000 --0.000 3.160 ------3.160 3.160 11.650 0.270 0.270 0.000 3.160 11.650 0.270 0.270 0.050 -----

------------0.000 7.990 0.000 3.200 4.790 4.790 0.410 0.410 -------1.140 --0.010 ------------------------

------------0.000 6.340 0.000 2.560 3.780 3.780 0.330 0.330 -------1.090 --0.020 ------------------------

------------0.000 5.760 0.000 2.270 3.500 3.500 0.300 0.300 -------0.990 --0.020 ------------------------

------------0.000 5.080 0.000 1.920 3.160 3.160 0.270 0.270 -------1.050 --0.020 ------------------------

--

--

--

--

1993 1992 1991 1990 10/3/1993 9/30/1992 9/29/1991 9/30/1990 Update Update Update Update 10/3/1993 9/30/1992 9/29/1991 9/30/1990 --------Complete Complete Complete Complete --------9.520 8.330 4.760 3.890 2.920 0.000 0.730 1.760 12.440 8.330 5.490 5.650 --------8.110 6.810 8.270 7.340 0.000 0.000 0.000 0.000 ----8.110 6.810 8.270 7.340 --------------------7.270 9.630 8.540 7.950 1.590 0.910 0.630 0.610 --------0.000 0.000 0.000 0.000 ----0.000 0.000 0.000 0.000 29.400 25.680 22.930 21.540 ----------------------------17.690 16.440 14.580 12.760 (8.740) (7.630) (6.800) (6.150) 8.950 8.810 7.780 6.610 --------------------0.000 0.000 0.000 0.000 ----0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.000 -----1.720 1.720 40.070 4.660 -1.790 0.000 0.000 0.830 -1.580 -----2.410 8.860 0.000 -0.000 0.000 0.340 0.340 ------9.200 --------0.460 -0.460 23.820 6.590 -----

0.000 -----1.640 1.640 36.130 4.780 -1.650 0.000 0.000 0.560 -1.520 -----2.070 8.500 0.000 -0.000 0.000 0.340 0.340 ------8.840 --------0.430 -0.430 21.350 5.510 -----

0.000 -----1.780 1.780 32.490 4.930 -1.260 0.000 0.020 0.290 -1.400 -----1.690 7.890 0.000 -0.000 0.020 0.330 0.330 ------8.230 --------0.410 -0.410 19.200 4.650 -----

0.000 -----1.740 1.740 29.890 5.500 -0.990 0.000 0.020 0.250 -1.250 -----1.500 8.010 0.020 -0.020 0.040 0.320 0.320 ------8.350 --------0.400 -0.400 17.660 3.480 -----

----30.870 40.070 11.610 ---11.610 ----------------------------------------

----27.290 36.130 11.610 ---11.610 ----------------------------------------

----24.270 32.490 11.610 ---11.610 ----------------------------------------

----21.540 29.890 11.650 ---11.650 ----------------------------------------

1993 1992 1991 1990 10/3/1993 9/30/1992 9/29/1991 9/30/1990 52 Weeks 52 Weeks 52 Weeks 52 Weeks

Update Update Update Update 10/3/1993 9/30/1992 9/29/1991 9/30/1990 --------Complete Complete Complete Complete ----4.450 3.780 3.500 3.160 1.140 1.090 0.990 1.050 1.140 1.090 0.990 1.050 0.010 0.020 0.020 0.020 ----0.010 0.020 0.020 0.020 (0.770) (0.070) (0.180) 0.030 ----0.670 0.000 0.000 0.000 ----0.000 (0.010) 0.000 0.000 --------(0.540) (0.080) (0.070) (0.070) 0.130 (0.090) (0.070) (0.070) (1.760) 1.370 (1.010) (1.250) 2.560 (1.040) (0.600) (0.730) --------(0.070) (0.150) (0.580) (0.010) 0.490 0.770 0.460 0.010 ------------0.190 0.110 0.310 (0.230) ----1.420 1.060 (1.410) (2.220) 6.390 5.790 2.860 1.970 (1.330) (2.180) (2.210) (1.290) --------(1.330) (2.180) (2.210) (1.290) 0.000 0.000 0.000 0.000 ----0.020 0.070 0.040 0.020 ----(2.140) (0.050) 1.030 0.100 ------------0.000 0.000 0.000 0.000 (2.120) 0.020 1.070 0.110 (3.450) (2.150) (1.140) (1.180) 0.000 0.000 0.000 0.060 0.000 0.000 0.000 0.060 (0.960) (0.830) (0.710) (0.600) ----(0.960) (0.830) (0.710) (0.600)

-0.000 0.000 --------0.000 ---0.000 0.000 0.000 --0.000 (0.960) 0.000 1.980 --0.010 3.440 ----

-0.000 0.000 --------0.000 ---0.000 (0.020) (0.020) --(0.020) (0.850) 0.000 2.790 --0.010 2.350 ----

-(0.120) (0.120) --------(0.120) ---0.000 (0.020) (0.020) --(0.020) (0.850) 0.000 0.870 --0.030 2.180 ----

-0.000 0.000 --------0.000 ---0.000 (0.470) (0.470) --(0.470) (1.010) 0.000 (0.220) --0.030 2.050 ---1990

1993

1992

1991

17.6% 13.3% 11.0%

15.6% 11.6% 9.2%

16.2% 11.7% 8.9%

$0.0 0.0 -30.9 $30.9

$0.0 0.0 -27.3 $27.3

$0.0 0.0 -24.3 $24.3

$0.0 0.0 -21.5 $21.6

$1.97

$2.33

$2.70

$2.80

$5 61 7.9%

$4 64 6.0%

$4 66 5.3%

$3 60 5.2%

$61 40

$64 36

$66 32

$60 30

1989

1.5x

1.8x

2.0x

2.0x

12.0%

10.5%

10.8%

10.6%

40 27 1.5x

36 24 1.5x

32 22 1.5x

30 NA NA

17.6%

15.6%

16.2%

NA

$14 $6 $0 $1 $3 $3

$13 $7 $0 $1 $3 $2

$12 $6 $0 $1 $2 $2

$11 $6 $0 $1 $2 $1

$0 $0 $31 $31

$0 $0 $27 $27

$0 $0 $24 $24

$0 $0 $22 $22

11.0%

9.2%

8.9%

NA

$6 ($1) $5

$6 ($2) $4

$3 ($2) $1

$2 ($1) $1

$5

$4

$4

$3

105.6%

95.5%

18.6%

21.5%

1992

1991

1990

1989

$61 (4.1%)

$64 (3.2%)

$66 8.6%

$60

$5 $1 $4 80.0%

$4 $1 $3 78.0%

$4 $1 $3 79.7%

$3 $1 $3 81.0%

17.6%

15.6%

16.2%

0.0%

14.0%

12.2%

13.0%

0.0%

$6 10.2%

$5 7.6%

$4 6.4%

$3 5.6%

$3 40.1%

$3 40.4%

$2 39.4%

$2 37.8%

$1 1.9%

$1 1.7%

$1 1.5%

$1 1.8%

($1) 2.2%

($2) 3.4%

($2) 3.4%

($1) 2.1%

$8 7 5 $11 17.6%

$7 10 5 $12 18.4%

$8 9 5 $12 18.1%

$7 8 6 $10

All Financial Reports

Hawkins Inc Income Statement - Interim Standardised in Millions of US Dollar Fiscal Period: Period End Date: Period Length: Update Type: Update Date: Source Source Date: Complete Statement: Net Sales Gross Revenue Sales Returns and Allowances Excise Tax Receipts Revenue Interest Income, Non-Bank Other Revenue Other Revenue, Total Total Revenue Cost of Revenue Excise Taxes Payments Cost of Revenue, Total Gross Profit Selling/General/Administrative Expense Labor & Related Expense Advertising Expense Selling/General/Admin. Expenses, Total Research & Development Depreciation Amortization of Intangibles Amortization of Acquisition Costs Depreciation/Amortization Interest Expense - Operating Interest Capitalized - Operating Interest Expense, Net - Operating Interest Income - Operating Investment Income - Operating Interest/Investment Income - Operating Interest Expense(Income) - Net Operating Interest Exp.(Inc.),Net-Operating, Total Purchased R&D Written-Off Restructuring Charge Litigation Impairment-Assets Held for Use Impairment-Assets Held for Sale Other Unusual Expense (Income) Unusual Expense (Income) Foreign Currency Adjustment Unrealized Losses (Gains) Minimum Pension Liability Adjustment Loss(Gain) on Sale of Assets - Operating

9 months 2009 Q4 2009 Q3 2009 Q2 2009 Q1 3/29/2009 12/31/2008 9/30/2008 6/30/2008 13 Weeks 39 Weeks 13 Weeks 13 Weeks Update Restated Update Update 3/29/2009 3/29/2009 9/30/2008 6/30/2008 10-K 10-K 10-Q 10-Q 6/5/2009 6/5/2009 11/10/2008 8/8/2008 Complete Complete Complete Complete 67.780 216.570 80.390 65.130 ------------67.780 216.570 80.390 65.130 ------------67.780 216.570 80.390 65.130 54.230 167.710 62.600 50.880 ----54.230 167.710 62.600 50.880 13.560 48.860 17.790 14.250 6.080 19.010 6.620 6.630 --------6.080 19.010 6.620 6.630 0 0 0 0 ---------------------------------------------------------------------------------------------

9 months 2008 Q4 2008 Q3 3/30/2008 12/31/2007 13 Weeks 39 Weeks Restated Restated 3/29/2009 3/29/2009 10-K 10-K 6/5/2009 6/5/2009 Complete Complete 48.660 138.010 ------48.660 138.010 ------48.660 138.010 40.580 107.560 --40.580 107.560 8.080 30.450 6.040 20.480 ----6.040 20.480 0 0 -----------------------------------------------

Other Operating Expense Other, Net Other Operating Expenses, Total Total Operating Expense Operating Income Interest Expense - Non-Operating Interest Capitalized - Non-Operating Interest Expense, Net Non-Operating Interest Income - Non-Operating Investment Income - Non-Operating Interest/Invest Income - Non-Operating Interest Income(Exp), Net Non-Operating Interest Inc.(Exp.),Net-Non-Op., Total Gain (Loss) on Sale of Assets Foreign Currency Adjustment Unrealized Gains (Losses) Minimum Pension Liability Adjustment Other Non-Operating Income (Expense) Other, Net Net Income Before Taxes Provision for Income Taxes Net Income After Taxes Minority Interest Equity In Affiliates U.S. GAAP Adjustment Net Income Before Extra. Items Accounting Change Discontinued Operations Extraordinary Item Tax on Extraordinary Items Total Extraordinary Items Net Income Preferred Dividends General Partners' Distributions Miscellaneous Earnings Adjustment Pro Forma Adjustment Interest Adjustment - Primary EPS Total Adjustments to Net Income Income Available to Com Excl ExtraOrd Income Available to Com Incl ExtraOrd Basic Weighted Average Shares Basic EPS Excluding Extraordinary Items Basic EPS Including Extraordinary Items Dilution Adjustment Diluted Net Income Diluted Weighted Average Shares Diluted EPS Excluding ExtraOrd Items Diluted EPS Including ExtraOrd Items DPS - Common Stock Primary Issue Dividends per Share - Com Stock Issue 2 Dividends per Share - Com Stock Issue 3 Dividends per Share - Com Stock Issue 4 Special DPS - Common Stock Primary Issue Special DPS - Common Stock Issue 2

---60.310 7.480 ----0.000 0.000 -0.000 ------7.480 2.590 4.890 ---4.890 -0.210 --0.210 5.090 ------4.890 5.090 10.250 0.480 0.500 -5.090 10.260 0.480 0.500 0.260 ------

---186.710 29.860 ----0.340 0.340 -0.340 ------30.200 11.660 18.540 ---18.540 -0.130 --0.130 18.670 ------18.540 18.670 10.240 1.810 1.820 -18.670 10.250 1.810 1.820 0.260 ------

---69.210 11.170 ----0.120 0.120 -0.120 ------11.290 4.470 6.820 ---6.820 -----6.820 ------6.820 6.820 10.240 0.670 0.670 -6.820 10.250 0.670 0.670 0.260 ------

---57.510 7.620 ----0.140 0.140 -0.140 ------7.760 2.890 4.870 ---4.870 -----4.870 ------4.870 4.870 10.240 0.480 0.480 0.000 4.870 10.250 0.480 0.480 0.000 ------

---46.620 2.040 ----0.470 0.470 -0.470 ------2.510 0.820 1.690 ---1.690 -0.040 --0.040 1.730 ------1.690 1.730 10.240 0.160 0.170 -1.730 10.240 0.160 0.170 0.240 ------

---128.040 9.970 ----0.870 0.870 -0.870 ------10.840 4.040 6.800 ---6.800 -0.580 --0.580 7.380 ------6.800 7.380 10.200 0.670 0.720 -7.380 10.200 0.670 0.720 0.240 ------

Special DPS - Common Stock Issue 3 Special DPS - Common Stock Issue 4 Gross Dividends - Common Stock (Gain) Loss on Sale of Assets, Suppl. Impairment-Assets Held for Sale, Suppl. Impairment-Assets Held for Use, Suppl. Litigation Charge, Supplemental Purchased R&D Written-Off, Supplemental Restructuring Charge, Supplemental Other Unusual Expense(Income), Suppl. Non-Recurring Items, Supplemental, Total Total Special Items Normalized Income Before Taxes Effect of Special Items on Income Taxes Inc Tax Ex Impact of Sp Items Normalized Income After Taxes Normalized Inc. Avail to Com. Basic Normalized EPS Diluted Normalized EPS Pro Forma Stock Compensation Expense Net Income after Stock Based Comp. Exp. Basic EPS after Stock Based Comp. Exp. Diluted EPS after Stock Based Comp. Exp. Stock-Based Compensation, Supplemental Interest Expense, Supplemental Interest Capitalized, Supplemental Depreciation, Supplemental Funds From Operations - REIT Amort of Acquisition Costs, Supplemental Amort of Intangibles, Supplemental Rental Expense, Supplemental EPS, Supplemental Advertising Expense, Supplemental Equity in Affiliates, Supplemental Minority Interest, Supplemental Research & Development Exp, Supplemental Audit Fees Audit-Related Fees Tax Fees All Other Fees Reported Recurring Revenue Reported Net Premiums Written Reported Total Revenue Reported Operating Revenue Reported Total Cost of Revenue Reported Total Sales, General & Admin. Reported Gross Profit Reported Operating Profit Reported Operating Profit Margin Reported Ordinary Profit Reported Net Income After Tax Reported Basic EPS Reported Diluted EPS Reported Net Business Profits

------------7.480 -2.590 4.890 4.890 0.480 0.480 ----0.070 ----------------------13.560 --------

------------30.200 -11.660 18.540 18.540 1.810 1.810 ----0.210 ----------------------48.860 --------

------------11.290 -4.470 6.820 6.820 0.670 0.670 ----0.080 --1.390 ----------------------------

--0.000 ---------7.760 -2.890 4.870 4.870 0.480 0.480 ----0.070 --1.380 ----------------------------

------------2.510 -0.820 1.690 1.690 0.160 0.160 ----0.030 ----------------------8.080 --------

------------10.840 -4.040 6.800 6.800 0.670 0.670 ----0.490 ----------------------30.450 --------

Balance Sheet (Differentiates) Interim - Standardised in Millions of US Dollar Fiscal Period: Period End Date: Update Type: Update Date: Source Source Date: Complete Statement: Cash Cash & Equivalents Short Term Investments Cash and Short Term Investments Accounts Receivable - Trade, Gross Provision for Doubtful Accounts Accounts Receivable - Trade, Net Notes Receivable - Short Term Receivables - Other Total Receivables, Net Inventories - Finished Goods Inventories - Work In Progress Inventories - Raw Materials Inventories - Other LIFO Reserve Total Inventory Prepaid Expenses Restricted Cash - Current Deferred Income Tax - Current Asset Discountinued Operations - Current Asset Other Current Assets Other Current Assets, Total Total Current Assets Buildings - Gross Land/Improvements - Gross Machinery/Equipment - Gross Construction in Progress - Gross Leases - Gross Natural Resources - Gross Other Property/Plant/Equipment - Gross Property/Plant/Equipment, Total - Gross Accumulated Depreciation, Total Property/Plant/Equipment, Total - Net Goodwill - Gross Accumulated Goodwill Amortization Goodwill, Net Intangibles - Gross Accumulated Intangible Amortization Intangibles, Net LT Investment - Affiliate Companies LT Investments - Other Long Term Investments Note Receivable - Long Term Deferred Charges

2009 Q4 2009 Q3 2009 Q2 2009 Q1 3/29/2009 12/31/2008 9/30/2008 6/30/2008 Update Update Update Update 3/29/2009 12/31/2008 9/30/2008 6/30/2008 10-K 10-Q 10-Q 10-Q 6/5/2009 2/5/2009 11/10/2008 8/8/2008 Complete Complete Complete Complete ----29.540 13.720 21.910 20.720 0.000 0.260 1.110 1.700 29.540 13.990 23.020 22.420 --------28.880 31.580 32.530 26.870 --------28.880 31.580 32.530 26.870 -30.810 ------------------19.950 30.810 28.870 20.300 3.880 2.730 1.290 2.560 ------------1.890 ---1.890 ---84.140 79.100 85.710 72.150 ------------------------------------45.620 43.610 40.510 36.110 --------1.200 1.200 1.200 1.200 6.570 6.570 6.570 6.570 (2.560) (2.460) (2.330) (2.210) 5.240 5.340 5.460 5.580 ----0.000 0.610 0.560 0.570 0.000 0.610 0.560 0.570 ---------

2008 Q4 2008 Q3 3/30/2008 12/31/2007 Update Update 3/30/2008 12/31/2007 10-K 10-Q 6/13/2008 2/11/2008 Complete Complete --21.510 9.410 2.280 10.260 23.790 19.670 ----23.790 20.780 ----23.790 20.780 ----------14.010 16.930 3.620 2.210 ------0.000 -0.000 -65.200 59.590 ------------------35.930 36.050 ----1.200 -6.570 9.000 (2.090) (1.970) 5.700 7.030 --0.580 0.900 0.580 0.900 -----

Pension Benefits - Overfunded Defered Income Tax - Long Term Asset Discontinued Operations - LT Asset Restricted Cash - Long Term Other Long Term Assets Other Long Term Assets, Total Total Assets Accounts Payable Payable/Accrued Accrued Expenses Notes Payable/Short Term Debt Current Port. of LT Debt/Capital Leases Dividends Payable Customer Advances Security Deposits Income Taxes Payable Other Payables Deferred Income Tax - Current Liability Discontinued Operations - Curr Liability Other Current Liabilities Other Current liabilities, Total Total Current Liabilities Long Term Debt Capital Lease Obligations Total Long Term Debt Total Debt Deferred Income Tax - LT Liability Deferred Income Tax Minority Interest Reserves Pension Benefits - Underfunded Other Long Term Liabilities Discontinued Operations - Liabilities Other Liabilities, Total Total Liabilities Redeemable Preferred Stock Redeemable Convertible Preferred Stock Redeemable Preferred Stock, Total Preferred Stock - Non Redeemable Convertible Preferred Stock - Non Rdmbl Treasury Stock - Preferred General Partner Preferred Stock - Non Redeemable, Net Common Stock Limited Partner Common Stock, Total Additional Paid-In Capital Retained Earnings (Accumulated Deficit) Treasury Stock - Common ESOP Debt Guarantee Unrealized Gain (Loss) Translation Adjustment Other Equity Minimum Pension Liability Adjustment

----0.100 0.100 136.290 14.430 -9.800 0.000 0 2.670 -0.950 -----3.610 27.840 --0.000 0.000 4.120 4.120 0 --0.600 -0.600 32.560 --0 -----0.510 -0.510 38.370 64.860 -------

----0.230 0.230 130.100 18.100 -8.520 0.000 0 0.000 -0.990 -----0.990 27.620 --0.000 0.000 1.090 1.090 ---0.160 -0.160 28.870 --------0.510 -0.510 38.300 62.430 -------

------------0.260 0.350 0.320 0.260 0.350 0.320 133.690 115.960 108.940 25.980 18.250 11.780 ---8.620 5.530 7.480 0.000 0.000 0.000 0 0 0 2.670 0.000 2.460 ---1.010 1.020 0.980 ---------------3.670 1.020 3.440 38.270 24.790 22.710 ------0.000 0.000 0.000 0.000 0.000 0.000 1.100 1.090 1.100 1.100 1.090 1.100 ---------0.130 0.120 0.120 ---0.130 0.120 0.120 39.490 26.000 23.920 ------------------------0.510 0.510 0.510 ---0.510 0.510 0.510 38.240 38.160 38.090 55.460 51.300 46.430 -------------------

----0.550 0.550 104.120 11.310 -4.330 0.000 0 0.000 ------2.080 2.080 17.720 --0.000 0.000 0.470 0.470 ---0.130 -0.130 18.320 --------0.510 -0.510 38.060 47.160 -------

Other Comprehensive Income Other Equity, Total Total Equity Total Liabilities & Shareholders' Equity Shares Outs - Common Stock Primary Issue Shares Outstanding - Common Issue 2 Shares Outstanding - Common Issue 3 Shares Outstanding - Common Issue 4 Total Common Shares Outstanding Treas Shares - Common Stock Prmry Issue Treasury Shares - Common Issue 2 Treasury Shares - Common Issue 3 Treasury Shares - Common Issue 4 Shares Outstanding - Preferred Issue 1 Shares Outstanding - Preferred Issue 2 Shares Outstanding - Preferred Issue 3 Shares Outstanding - Preferred Issue 4 Shares Outstanding - Preferred Issue 5 Shares Outstanding - Preferred Issue 6 Total Preferred Shares Outstanding Treasury Shares - Preferred Issue 1 Treasury Shares - Preferred Issue 2 Treasury Shares - Preferred Issue 3 Treasury Shares - Preferred Issue 4 Treasury Shares - Preferred Issue 5 Treasury Shares - Preferred Issue 6 Full-Time Employees Part-Time Employees Number of Common Shareholders Accumulated Goodwill Amortization Suppl. Accumulated Intangible Amort, Suppl. Deferred Revenue - Current Deferred Revenue - Long Term Total Risk-Weighted Capital Tier 1 Capital % Total Capital % Trading Account Credit Exposure Non-Performing Loans Assets under Management Reported Total Assets Reported Total Liabilities Shareholders' Equity Excl. Stock Subscr. Reported Shareholder's Equity Reported Net Assets Reported Net Assets to Total Assets Reported Return on Assets Reported Return on Equity

(0.010) (0.010) 103.730 136.290 10.250 ---10.250 0.000 --------------------2.560 ------------------

(0.020) (0.020) 101.230 130.100 10.250 ---10.250 ---------------------2.460 ------------------

(0.010) (0.020) (0.010) (0.010) (0.020) (0.010) 94.200 89.960 85.020 133.690 115.960 108.940 10.250 10.240 10.240 ---------10.250 10.240 10.240 --0.000 ------------------------------------------------------------2.330 2.210 2.090 ----------------------------------------------------

0.070 0.070 85.800 104.120 10.240 ---10.240 ---------------------1.970 ------------------

Cash Flow (Indirect) - Interim - Standardised in Millions of US Dollar [+] Add Item Fiscal Period: Period End Date: Period Length: Update Type: Update Date:

2009 Q4 2009 Q3 3/29/2009 12/31/2008 52 Weeks 39 Weeks Update Update 3/29/2009 12/31/2008

2009 Q2 9/30/2008 26 Weeks Update 9/30/2008

2009 Q1 6/30/2008 13 Weeks Update 6/30/2008

2008 Q4 2008 Q3 3/30/2008 12/31/2007 52 Weeks 39 Weeks Update Update 3/30/2008 12/31/2007

Source 10-K Source Date: 6/5/2009 Complete Statement: Complete Net Income/Starting Line 23.760 Depreciation 5.580 Depreciation/Depletion 5.580 Amortization of Intangibles -Amortization of Acquisition Costs -Amortization 0 Deferred Taxes 3.050 Accounting Change -Discontinued Operations -Extraordinary Item -Unusual Items 0.130 Purchased R&D -Equity in Net Earnings (Loss) -Other Non-Cash Items 0.280 Non-Cash Items 0.410 Accounts Receivable (5.100) Inventories (7.830) Prepaid Expenses -Other Assets -Accounts Payable 1.840 Accrued Expenses 2.770 Payable/Accrued -Taxes Payable -Other Liabilities -Other Assets & Liabilities, Net -Other Operating Cash Flow (0.050) Changes in Working Capital (8.370) Cash from Operating Activities 24.430 Purchase of Fixed Assets (14.210) Purchase/Acquisition of Intangibles -Software Development Costs -Capital Expenditures (14.210) Acquisition of Business 0.000 Sale of Business -Sale of Fixed Assets 0.090 Sale/Maturity of Investment 2.840 Investment, Net -Purchase of Investments -Sale of Intangible Assets -Intangible, Net -Other Investing Cash Flow 0.000 Other Investing Cash Flow Items, Total 2.930 Cash from Investing Activities (11.280) Other Financing Cash Flow -Financing Cash Flow Items -Cash Dividends Paid - Common (5.130) Cash Dividends Paid - Preferred -Total Cash Dividends Paid (5.130) Sale/Issuance of Common -Repurchase/Retirement of Common 0 Common Stock, Net --

10-Q 10-Q 10-Q 10-K 2/5/2009 11/10/2008 8/8/2008 6/13/2008 Complete Complete Complete Complete 18.670 11.700 4.880 9.110 4.170 2.760 1.380 5.250 4.170 2.760 1.380 5.250 --------0 0 0 0 ---0.680 ------------0.090 0.090 0.030 (0.160) --------0.210 0.150 0.070 0.520 0.310 0.240 0.100 0.370 (7.790) (8.740) (3.090) (3.010) (16.800) (14.860) (6.280) (0.960) --------4.900 13.770 6.250 0.120 ---0.650 --------1.100 1.200 (1.920) -----0.950 2.370 1.040 0.010 (17.630) (6.260) (4.010) (3.200) 5.520 8.440 2.340 12.210 (10.240) (6.810) (1.270) (5.780) --------(10.240) (6.810) (1.270) (5.780) 0.000 0.000 0.000 (5.960) ----0.080 0.050 0.020 0.090 1.990 1.180 0.570 14.070 -------0.000 -----------0.000 2.070 1.230 0.600 8.200 (8.180) (5.580) (0.680) 2.420 --------(5.130) (2.460) (2.460) (4.710) ----(5.130) (2.460) (2.460) (4.710) ----0 0 0 0 -----

10-Q 2/11/2008 Complete 7.380 3.850 3.850 --0 0.000 ---0.090 --0.490 0.580 (0.010) (3.880) --(0.880) ---(1.340) -1.220 (4.880) 6.930 (4.080) --(4.080) (5.960) -0.080 5.560 ----0.000 (0.320) (4.400) --(4.710) -(4.710) -0 --

Sale/Issuance of Preferred Repurchase/Retirement of Preferred Preferred Stock, Net Sale/Issuance of Common/Preferred Repurch./Retirement of Common/Preferred Options Exercised Warrants Converted Treasury Stock Issuance (Retirement) of Stock, Net Short Term Debt Issued Short Term Debt Reduction Short Term Debt, Net Long Term Debt Issued Long Term Debt Reduction Long Term Debt, Net Total Debt Issued Total Debt Reduction Issuance (Retirement) of Debt, Net Cash from Financing Activities Foreign Exchange Effects Net Change in Cash Net Cash - Beginning Balance Net Cash - Ending Balance Cash Interest Paid Cash Taxes Paid Reported Cash from Operating Activities Reported Cash from Investing Activities Reported Cash from Financing Activities

------------------(5.130) -8.030 21.510 29.540 -11.590 ----

------------------(5.130) -(7.790) 21.510 13.720 -8.670 ----

2009 Q4

2009 Q3

27.6% 21.5% 20.6%

23.6% 19.4% 16.1%

17.0% 13.1% 9.3%

12.4% 10.1% 4.6%

10.6% 8.4% 2.4%

10.7% 8.7% 2.4%

$0.0 0.0 -103.7 $103.7

$0.0 0.0 -101.2 $101.2

$0.0 0.0 -94.2 $94.2

$0.0 0.0 -90.0 $90.0

$0.0 0.0 -85.0 $85.0

$0.0 0.0 -85.8 $85.8

$ Revenue / $ Invested Capital

$2.74

$2.62

$2.50

$2.26

$2.20

$2.07

LTM EBITDA

$37.3

ROE ROA ROIC

Short-term Debt Long-Term Debt Preferred Stock Equity Common Stock Equity Invested Capital

------------------(2.460) -0.400 21.510 21.910 -3.770 ----

------------------(2.460) -(0.790) 21.510 20.720 -0.050 ----

------------------(4.710) -9.920 11.590 21.510 -4.900 ----

------------------(4.710) -(2.180) 11.590 9.410 -3.270 ----

2009 Q2 2009 Q1 2008 Q4

2008 Q3

DuPont ROE Analysis Net Income Revenue Profit Margin

$23 284 8.2%

$20 265 7.6%

$14 235 6.1%

$10 203 5.1%

$8 187 4.5%

$9 178 4.8%

Revenue Total Assets Asset Utilization

$284 136 2.1x

$265 130 2.0x

$235 134 1.8x

$203 116 1.8x

$187 109 1.7x

$178 104 1.7x

Return on Assets

17.2%

15.5%

10.7%

9.0%

7.8%

8.3%

136 85 1.6x

130 86 1.5x

134 84 1.6x

116 84 1.4x

109 80 1.4x

104 80 1.3x

27.6%

23.6%

17.0%

12.4%

10.6%

10.7%

$62 $25 $0 $6 $14 $18

$57 $25 $0 $6 $12 $14

$47 $25 $0 $6 $9 $8

$41 $26 $0 $5 $6 $4

$39 $27 $0 $5 $5 $2

$39 $27 $0 $5 $5 $2

$0 $0 $104 $104

$0 $0 $101 $101

$0 $0 $94 $94

$0 $0 $90 $90

$0 $0 $85 $85

$0 $0 $86 $86

ROIC

20.6%

16.1%

9.3%

4.6%

2.4%

2.4%

OCF Capex FCF

$24 ($14) $10

$11 ($12) ($1)

$13 ($10) $3

$11 ($6) $5

$12 ($6) $6

$8 ($5) $3

$23

$20

$14

$10

$8

$9

43.6%

(5.6%)

22.9%

48.5%

75.7%

38.0%

Total Assets Beginning Common Equity Leverage Return on Equity Gross Profit SG&A R&D D&A Taxes NOPAT ST debt LT debt Equity Invested Capital

Net Income FCF Conversion (FCF/NI)

2008 Q2 9/30/2007 13 Weeks Update 9/30/2007 10-Q 11/9/2007 Complete 48.140 ---48.140 ---48.140 36.270 -36.270 11.880 7.500 --7.500 0 ------------------------

2008 Q1 2007 Q4 2007 Q3 6/30/2007 4/1/2007 12/31/2006 13 Weeks 13 Weeks 13 Weeks Update Update Update 6/30/2007 4/1/2007 12/31/2006 10-Q 10-K 10-Q 8/9/2007 6/15/2007 5/7/2007 Complete Complete Complete 48.620 39.710 37.040 ---------48.620 39.710 37.040 ---------48.620 39.710 37.040 36.790 31.460 30.050 ---36.790 31.460 30.050 11.830 8.250 6.990 7.500 6.140 6.720 ------7.500 6.140 6.720 0 0 0 -------------------------------------------0.000 -----------0.000 --------------

2007 Q2 9/30/2006 13 Weeks Update 9/30/2006 10-Q 11/9/2006 Complete 42.200 ---42.200 ---42.200 31.020 -31.020 11.180 6.480 --6.480 0 --------------0.000 ---0.000 -----

2007 Q1 6/30/2006 13 Weeks Update 6/30/2006 10-Q 8/8/2006 Complete 41.460 ---41.460 ---41.460 30.640 -30.640 10.820 6.640 --6.640 0 ------------------------

2006 Q4 2006 Q3 2006 Q2 2006 Q1 4/2/2006 12/31/2005 9/30/2005 6/30/2005 13 Weeks 13 Weeks 13 Weeks 13 Weeks Update Update Update Update 4/2/2006 12/31/2005 9/30/2005 6/30/2005 10-K 10-Q 10-Q 10-Q 6/16/2006 2/9/2006 11/9/2005 8/8/2005 Complete Complete Complete Complete 36.480 34.350 36.640 35.860 ------------36.480 34.350 36.640 35.860 ------------36.480 34.350 36.640 35.860 29.160 27.130 27.850 25.970 ----29.160 27.130 27.850 25.970 7.320 7.220 8.800 9.890 5.720 4.710 5.190 5.900 --------5.720 4.710 5.190 5.900 0 0 0 0 --------------------------------------------------------(0.040) -(1.020) -------------(0.040) -(1.020) ------------------

---43.770 4.380 ----0.310 0.310 -0.310 ------4.690 1.770 2.920 ---2.920 -----2.920 ------2.920 2.920 10.210 0.290 0.290 -2.920 10.240 0.290 0.290 0.240 ------

---44.290 4.340 ----0.300 0.300 -0.300 ------4.640 1.690 2.950 ---2.950 -----2.950 ------2.950 2.950 10.180 0.290 0.290 0.000 2.950 10.200 0.290 0.290 0.000 ------

---37.600 2.110 ----0.680 0.680 -0.680 ------2.790 0.980 1.810 ---1.810 -----1.810 ------1.810 1.810 10.170 0.180 0.180 0.000 1.810 10.180 0.180 0.180 0.220 ------

---36.770 0.270 ----0.360 0.360 -0.360 ------0.630 0.320 0.310 ---0.310 -----0.310 ------0.310 0.310 10.170 0.030 0.030 0.000 0.310 10.170 0.030 0.030 0.000 ------

---37.510 4.690 ----0.350 0.350 -0.350 ------5.040 1.900 3.150 ---3.150 -----3.150 ------3.150 3.150 10.170 0.310 0.310 0.000 3.150 10.170 0.310 0.310 0.220 ------

---37.280 4.190 ----0.300 0.300 -0.300 ------4.490 1.690 2.800 ---2.800 -----2.800 ------2.800 2.800 10.170 0.280 0.280 0.000 2.800 10.170 0.280 0.280 0.000 ------

---34.840 1.640 ----0.270 0.270 -0.270 ------1.920 0.610 1.310 ---1.310 -----1.310 ------1.310 1.310 10.170 0.130 0.130 0.000 1.310 10.210 0.130 0.130 0.200 ------

---31.840 2.510 ----0.240 0.240 -0.240 ------2.750 0.930 1.830 ---1.830 -----1.830 ------1.830 1.830 10.180 0.180 0.180 0.000 1.830 10.180 0.180 0.180 0.000 ------

---32.020 4.620 ----0.070 0.070 -0.070 ------4.690 1.690 3.000 ---3.000 -----3.000 ------3.000 3.000 10.230 0.290 0.290 0.000 3.000 10.250 0.290 0.290 0.200 ------

---31.870 3.990 ----0.310 0.310 -0.310 ------4.300 1.550 2.750 ---2.750 -----2.750 ------2.750 2.750 10.220 0.270 0.270 0.000 2.750 10.240 0.270 0.270 0.000 ------

------------4.690 -1.770 2.920 2.920 0.290 0.290 ----0.160 --1.270 -------------------11.880 4.380 -------

--0.000 ---------4.640 -1.690 2.950 2.950 0.290 0.290 ----0.160 --1.230 -------------------11.830 4.340 -------

-----------0.000 2.790 0.000 0.980 1.810 1.810 0.180 0.180 -------1.020 ----------------------------

--0.000 ---------0.630 -0.320 0.310 0.310 0.030 0.030 -------1.220 ----------------------------

-----------0.000 5.040 0.000 1.900 3.150 3.150 0.310 0.310 -------0.950 ----------------------------

--0.000 ---------4.490 -1.690 2.800 2.800 0.280 0.280 -------0.930 ----------------------------

-----------(0.040) 1.880 (0.010) 0.590 1.280 1.280 0.130 0.130 -------0.200 ----------------------------

--0.000 ---------2.750 -0.930 1.830 1.830 0.180 0.180 -------1.750 ----------------------------

-----------(1.020) 3.670 (0.370) 1.320 2.350 2.350 0.230 0.230 -------0.910 ----------------------------

--0.000 ---------4.300 -1.550 2.750 2.750 0.270 0.270 -------0.840 ----------------------------

2008 Q2 9/30/2007 Update 9/30/2007 10-Q 11/9/2007 Complete -13.690 10.460 24.150 --19.320 --19.320 -----19.270 1.360 -----64.100 ---------35.640 ---8.960 (1.820) 7.140 -1.560 1.560 ---

2008 Q1 2007 Q4 2007 Q3 6/30/2007 4/1/2007 12/31/2006 Update Reclassified Update 6/30/2007 9/30/2007 12/31/2006 10-Q 10-Q 10-Q 8/9/2007 11/9/2007 5/7/2007 Complete Complete Complete ---10.890 11.590 8.030 9.930 13.710 14.160 20.820 25.310 22.190 ------22.050 19.660 17.950 ------22.050 19.660 17.950 ---------------13.030 12.790 12.530 1.640 3.210 4.790 ---------------57.540 60.970 57.460 ---------------------------35.600 34.720 35.260 ---------8.980 3.480 3.480 (1.720) (1.640) (1.590) 7.260 1.840 1.900 ---2.430 3.010 3.670 2.430 3.010 3.670 -------

2007 Q2 9/30/2006 Update 9/30/2006 10-Q 11/9/2006 Complete -5.390 13.860 19.250 --16.700 --16.700 -----14.660 1.600 -----52.220 ---------35.480 ---3.480 (1.530) 1.950 -4.480 4.480 ---

2007 Q1 2006 Q4 2006 Q3 2006 Q2 2006 Q1 6/30/2006 4/2/2006 12/31/2005 9/30/2005 6/30/2005 Update Update Update Update Update 6/30/2006 4/2/2006 12/31/2005 9/30/2005 6/30/2005 10-Q 10-K 10-Q 10-Q 10-Q 8/8/2006 6/16/2006 2/9/2006 11/9/2005 8/8/2005 Complete Complete Complete Complete Complete -----4.540 6.330 1.820 3.470 1.050 13.980 14.170 13.830 14.010 7.180 18.520 20.500 15.650 17.480 8.230 ----------19.080 16.190 15.110 15.000 16.000 ----------19.080 16.190 15.110 15.000 16.000 -------------------------14.690 10.450 13.650 15.810 13.370 1.910 2.310 2.280 2.680 1.880 -------------------------54.200 49.450 46.690 50.970 39.480 ---------------------------------------------34.980 34.720 33.860 32.820 31.430 ---------------3.480 3.480 3.480 3.480 4.360 (1.480) (1.420) (1.360) (1.310) (1.940) 2.010 2.070 2.120 2.180 2.420 -----4.870 5.660 6.860 7.460 15.850 4.870 5.660 6.860 7.460 15.850 -----------

--------0.580 0.610 0.580 0.610 109.000 103.450 14.600 12.980 --4.300 2.970 0.000 0.000 0 0 2.460 0.000 ------------2.740 3.300 5.200 3.300 24.090 19.250 ----0.000 0.000 0.000 0.000 0.440 0.410 0.440 0.410 ------0.130 0.140 --0.130 0.140 24.670 19.790 ----------------0.510 0.510 --0.510 0.510 38.150 37.990 45.650 45.190 -------------

----0.730 0.730 101.270 10.890 -5.220 0.000 0 2.250 ------2.370 4.620 20.730 --0.000 0.000 0.420 0.420 ---0.140 -0.140 21.290 --------0.510 -0.510 37.240 42.240 -------

----0.580 0.580 98.860 11.580 -6.600 0.000 0 0.000 -------0.000 18.170 --0.000 0.000 0.320 0.320 ---0.130 -0.130 18.620 --------0.510 -0.510 37.080 42.680 -------

----2.220 2.220 96.350 6.660 -7.120 0.000 0 2.240 -------2.240 16.020 --0.000 0.000 0.320 0.320 ---0.120 -0.120 16.460 --------0.510 -0.510 37.060 42.370 -------

----2.220 2.220 98.280 12.570 -6.430 0.000 0 0.000 -------0.000 19.000 --0.000 0.000 0.270 0.270 ---0.130 -0.130 19.390 --------0.510 -0.510 37.060 41.460 -------

----2.170 2.170 94.060 8.700 -5.850 0.000 0 2.030 -0.990 -----3.020 17.570 --0.000 0.000 0.270 0.270 ---0.130 -0.130 17.960 --------0.510 -0.510 37.060 38.660 -------

----2.050 2.050 91.580 7.920 -3.580 0.000 0 0.000 ------2.450 2.450 13.950 --0.000 0.000 0.790 0.790 ---0.010 -0.010 14.750 --------0.510 -0.510 37.060 39.380 -------

----2.090 2.090 95.520 10.170 -3.410 0.000 0 2.040 ------2.600 4.640 18.230 --0.000 0.000 1.220 1.220 ---0.010 -0.010 19.450 --------0.510 -0.510 38.110 37.560 -------

----2.340 2.340 91.520 9.150 -2.650 0.000 0 0.000 ------3.450 3.450 15.250 --0.000 0.000 1.180 1.180 ---0.010 -0.010 16.440 --------0.510 -0.510 38.230 36.600 -------

0.020 (0.030) 0.020 (0.030) 84.340 83.660 109.010 103.450 10.210 10.210 ------10.210 10.210 ------------------------------------------1.820 1.720 -----------------------------------

(0.010) (0.010) 79.980 101.270 10.170 ---10.170 ---------------------1.640 ------------------

(0.040) (0.040) 80.240 98.860 10.170 ---10.170 ---------------------1.590 ------------------

(0.050) (0.050) 79.880 96.350 10.170 ---10.170 ---------------------1.530 ------------------

2008 Q2 9/30/2007 26 Weeks Update 9/30/2007

2007 Q4 2007 Q3 4/1/2007 12/31/2006 52 Weeks 39 Weeks Update Update 4/1/2007 12/31/2006

2007 Q2 9/30/2006 26 Weeks Update 9/30/2006

2008 Q1 6/30/2007 13 Weeks Update 6/30/2007

(0.130) (0.130) 78.900 98.280 10.170 ---10.170 ---------------------1.480 ------------------

(0.130) (0.130) 76.100 94.060 10.170 ---10.170 ---------------------1.420 ------------------

(0.120) (0.120) 76.830 91.580 10.170 ---10.170 ---------------------1.360 ------------------

(0.110) (0.110) 76.060 95.520 10.250 ---10.250 ---------------------1.310 ------------------

(0.260) (0.260) 75.090 91.520 10.260 ---10.260 ---------------------1.940 ------------------

2007 Q1 2006 Q4 2006 Q3 2006 Q2 2006 Q1 6/30/2006 4/2/2006 12/31/2005 9/30/2005 6/30/2005 13 Weeks 52 Weeks 39 Weeks 26 Weeks 13 Weeks Update Update Update Update Update 6/30/2006 4/2/2006 12/31/2005 9/30/2005 6/30/2005

10-Q 10-Q 10-K 11/9/2007 8/9/2007 6/15/2007 Complete Complete Complete 5.870 2.950 8.070 2.500 1.230 4.340 2.500 1.230 4.340 ------0 0 0 --0.160 ---------0.060 (0.010) 0.230 ------0.320 0.160 0.190 0.380 0.150 0.410 1.460 (1.270) (3.480) (6.220) 0.020 (2.340) ------2.660 0.770 2.640 --0.730 ------(1.240) (2.030) ----2.010 1.700 (1.790) (1.330) (0.800) (4.250) 7.420 3.530 8.730 (2.630) (1.080) (4.690) ------(2.630) (1.080) (4.690) (5.260) (5.260) 0.000 ---0.060 0.040 0.100 4.750 4.320 3.290 -----0.000 ------0.000 0.000 2.100 (0.450) (0.900) 5.490 (3.080) (1.980) 0.810 ------(2.250) (2.250) (4.270) ---(2.250) (2.250) (4.270) ----------

10-Q Interim Report 10-Q 10-K 5/7/2007 11/20/2006 8/8/2006 6/16/2006 Complete Complete Complete Complete 6.260 5.950 2.800 8.890 3.090 1.880 0.930 3.690 3.090 1.880 0.930 3.690 --------0 0 0 0 (0.110) --(0.950) ------------0.200 0.100 0.060 (0.760) --------0.030 0.000 0.000 0.200 0.230 0.100 0.060 (0.560) (1.770) (0.520) (2.900) (2.510) (2.080) (4.210) (4.240) (1.860) --------3.260 (1.760) 3.310 2.130 ------------(0.250) 0.280 (0.410) 0.470 ----(1.080) 0.490 0.400 0.180 (1.910) (5.710) (3.830) (1.600) 7.560 2.210 (0.050) 9.460 (3.940) (2.860) (0.750) (6.950) --------(3.940) (2.860) (0.750) (6.950) 0.000 -0.000 0.000 ----0.080 0.070 0.050 0.240 2.130 1.590 0.950 4.820 ----0.000 0.000 0.000 (2.070) --------0.140 0.080 0.040 0.160 2.350 1.750 1.040 3.150 (1.590) (1.110) 0.290 (3.800) --------(4.270) (2.030) (2.030) (3.890) ----(4.270) (2.030) (2.030) (3.890) -------------

10-Q 10-Q 10-Q 2/9/2006 11/9/2005 8/8/2005 Complete Complete Complete 7.580 5.750 2.750 2.660 1.750 0.840 2.660 1.750 0.840 ------0 0 0 (0.430) -----------(0.700) 0.430 0.020 ------0.200 0.200 0.120 (0.510) 0.630 0.140 (1.430) (1.330) (2.330) (5.070) (7.220) (4.780) ------1.970 4.230 3.200 ---------(0.500) (0.480) (0.380) ---0.050 (0.350) 0.350 (4.980) (5.160) (3.940) 4.330 2.970 (0.210) (5.470) (3.500) (1.250) ------(5.470) (3.500) (1.250) ------0.230 0.010 0.000 4.020 3.270 1.550 ---(2.080) (2.070) (1.810) ------0.120 0.080 0.040 2.280 1.290 (0.220) (3.180) (2.220) (1.460) ------(3.890) (1.850) (1.850) ---(3.890) (1.850) (1.850) ----------

------------------(2.250) -2.100 11.590 13.690 -1.470 ----

------------------(2.250) -(0.700) 11.590 10.890 -0.000 ----

------------------(4.270) -5.260 6.330 11.590 -5.860 ----

------------------(4.270) -1.700 6.330 8.030 -4.450 ----

2008 Q2 2008 Q1

------------------(2.030) -(0.940) 6.330 5.390 -2.820 ----

------------------(2.030) -(1.790) 6.330 4.540 -0.390 ----

------------------(3.890) -1.770 4.570 6.330 -5.610 ----

2007 Q2 2007 Q1 2006 Q4

------------------(3.890) -(2.740) 4.570 1.820 -4.140 ----

------------------(1.850) -(1.100) 4.570 3.470 -2.710 ----

------------------(1.850) -(3.520) 4.570 1.050 -0.260 ----

2007 Q4

2007 Q3

10.0% 8.3% 1.7%

10.4% 8.4% 2.4%

10.6% 8.6% 2.7%

9.9% 8.3% 2.7%

12.0% 9.5% 5.3%

11.9% 9.8% 4.3%

12.3% 10.1% 4.5%

2006 Q3 2006 Q2 2006 Q1

11.7% 9.8% 2.5%

11.9% 9.6% 2.3%

11.2% 9.4% 3.0%

$0.0 0.0 -84.3 $84.3

$0.0 0.0 -83.7 $83.7

$0.0 0.0 -80.0 $80.0

$0.0 0.0 -80.2 $80.2

$0.0 0.0 -79.9 $79.9

$0.0 0.0 -78.9 $78.9

$0.0 0.0 -76.1 $76.1

$0.0 0.0 -76.8 $76.8

$0.0 0.0 -76.1 $76.1

$0.0 0.0 -75.1 $75.1

$2.06

$2.00

$2.01

$1.96

$1.93

$1.89

$1.88

$1.78

$1.70

$1.61

$8 174 4.6%

$8 168 4.9%

$8 160 5.0%

$8 157 4.8%

$9 154 5.9%

$9 149 6.0%

$9 143 6.2%

$9 137 6.3%

$9 129 6.6%

$8 121 6.5%

$174 109 1.6x

$168 103 1.6x

$160 101 1.6x

$157 99 1.6x

$154 96 1.6x

$149 98 1.5x

$143 94 1.5x

$137 92 1.5x

$129 96 1.4x

$121 92 1.3x

7.3%

7.9%

8.0%

7.7%

9.4%

9.1%

9.5%

9.3%

8.9%

8.6%

109 80 1.4x

103 79 1.3x

101 76 1.3x

99 77 1.3x

96 76 1.3x

98 75 1.3x

94 72 1.3x

92 73 1.3x

96 71 1.3x

92 71 1.3x

10.0%

10.4%

10.6%

9.9%

12.0%

11.9%

12.3%

11.7%

11.9%

11.2%

$39 $28 $0 $5 $5 $1

$38 $27 $0 $5 $5 $2

$37 $26 $0 $4 $5 $2

$36 $26 $0 $4 $5 $2

$37 $24 $0 $4 $5 $4

$34 $22 $0 $4 $5 $3

$33 $22 $0 $4 $5 $3

$32 $20 $0 $5 $5 $2

$31 $20 $0 $5 $5 $2

$31 $20 $0 $5 $4 $2

$0 $0 $84 $84

$0 $0 $84 $84

$0 $0 $80 $80

$0 $0 $80 $80

$0 $0 $80 $80

$0 $0 $79 $79

$0 $0 $76 $76

$0 $0 $77 $77

$0 $0 $76 $76

$0 $0 $75 $75

1.7%

2.4%

2.7%

2.7%

5.3%

4.3%

4.5%

2.5%

2.3%

3.0%

$14 ($4) $9

$12 ($5) $7

$9 ($5) $4

$13 ($5) $7

$9 ($6) $2

$10 ($6) $3

$9 ($7) $3

$7 ($6) $1

$8 ($6) $2

$8 ($6) $2

$8

$8

$8

$8

$9

$9

$9

$9

$9

$8

118.6%

88.7%

50.1%

96.0%

26.3%

35.5%

28.2%

7.5%

21.1%

22.3%

2005 Q4 2005 Q3 2005 Q2 2005 Q1 4/3/2005 12/31/2004 9/30/2004 6/30/2004 14 Weeks 13 Weeks 13 Weeks 13 Weeks Update Update Update Update 4/3/2005 12/31/2004 9/30/2004 6/30/2004 10-K 10-Q 10-Q 10-Q 7/1/2005 2/9/2005 11/9/2004 8/9/2004 Complete Complete Complete Complete 29.990 26.700 28.630 29.960 ------------29.990 26.700 28.630 29.960 ------------29.990 26.700 28.630 29.960 24.230 19.760 20.310 21.370 ----24.230 19.760 20.310 21.370 5.760 6.940 8.320 8.590 4.510 4.650 4.730 4.210 --------4.510 4.650 4.730 4.210 0 0 0 0 ---------------------------------------------------------------------------------------------

---28.740 1.250 ----0.320 0.320 -0.320 ------1.570 0.590 0.980 ---0.980 -----0.980 ------0.980 0.980 10.260 0.100 0.100 0.000 0.980 10.260 0.100 0.100 0.180 ------

---24.410 2.290 ----0.470 0.470 -0.470 ------2.760 0.980 1.770 ---1.770 -----1.770 ------1.770 1.770 10.220 0.170 0.170 0.000 1.770 10.220 0.170 0.170 0.000 ------

---25.040 3.590 ----0.140 0.140 -0.140 ------3.730 1.330 2.410 ---2.410 -----2.410 ------2.410 2.410 10.220 0.240 0.240 0.000 2.410 10.220 0.240 0.240 0.180 ------

---25.580 4.380 ----0.200 0.200 -0.200 ------4.580 1.650 2.930 ---2.930 -----2.930 ------2.930 2.930 10.220 0.290 0.290 0.000 2.930 10.220 0.290 0.290 0.000 ------

------------1.570 -0.590 0.980 0.980 0.100 0.100 -------2.150 ----------------------------

--0.000 ---------2.760 -0.980 1.770 1.770 0.170 0.170 -------0.800 ----------------------------

------------3.730 -1.330 2.410 2.410 0.240 0.240 -------0.790 ----------------------------

--0.000 ---------4.580 -1.650 2.930 2.930 0.290 0.290 -------0.790 ----------------------------

2005 Q4 2005 Q3 2005 Q2 2005 Q1 4/3/2005 12/31/2004 9/30/2004 6/30/2004 Update Update Update Update 4/3/2005 12/31/2004 9/30/2004 6/30/2004 10-K 10-Q 10-Q 10-Q 7/1/2005 2/9/2005 11/9/2004 8/9/2004 Complete Complete Complete Complete ----4.570 2.890 4.520 3.580 6.670 22.140 22.090 21.890 11.240 25.030 26.610 25.470 --------13.670 11.390 11.580 11.950 --------13.670 11.390 11.580 11.950 --------------------8.590 11.300 11.750 9.150 2.220 2.590 1.710 2.070 --------------------35.720 50.320 51.650 48.640 ------------------------------------30.970 32.280 31.410 30.170 ------------4.360 4.360 4.360 4.360 (1.870) (1.800) (1.730) (1.660) 2.490 2.570 2.640 2.710 ----16.090 ---16.090 ------------

----2.380 2.380 87.660 5.950 -3.960 0.000 0 1.850 ------2.510 4.360 14.260 --0.000 0.000 1.180 1.180 ---0.020 -0.020 15.460 --------0.510 -0.510 38.230 33.850 -------

----2.400 2.400 87.560 6.320 --0.000 0 0.000 ------6.720 6.720 13.040 --0.000 0.000 1.450 1.450 ---0.020 -0.020 14.500 --------0.510 -0.510 38.230 34.710 -------

----2.430 2.430 88.130 6.970 --0.000 0 1.850 ------6.370 8.220 15.190 --0.000 0.000 1.560 1.560 ---0.020 -0.020 16.770 --------0.510 -0.510 38.230 32.940 -------

----2.480 2.480 84.000 6.970 --0.000 0 0.000 ------4.810 4.810 11.780 --0.000 0.000 1.510 1.510 ---0.050 -0.050 13.340 --------0.510 -0.510 37.750 32.380 -------

(0.400) (0.400) 72.200 87.660 10.260 ---10.260 ---------------------1.870 ------------------

(0.400) (0.400) 73.050 87.560 10.260 ---10.260 ---------------------1.800 ------------------

(0.320) (0.320) 71.360 88.130 10.260 ---10.260 ---------------------1.730 ------------------

0.020 0.020 70.650 83.990 10.220 ---10.220 ---------------------1.660 ------------------

2005 Q4 2005 Q3 2005 Q2 2005 Q1 4/3/2005 12/31/2004 9/30/2004 6/30/2004 53 Weeks 39 Weeks 26 Weeks 13 Weeks Update Update Update Update 4/3/2005 12/31/2004 9/30/2004 6/30/2004

10-K 7/1/2005 Complete 8.090 4.520 4.520 --0 0.020 ---0.130 --(0.380) (0.240) (2.370) 0.300 --1.190 ---(0.020) -1.110 0.220 12.620 (5.920) --(5.920) --0.110 11.200 -(11.490) --0.180 0.000 (5.930) --(3.690) -(3.690) ----

10-Q 10-Q 10-Q 2/9/2005 11/9/2004 8/9/2004 Complete Complete Complete 7.110 5.340 2.930 2.370 1.570 0.790 2.370 1.570 0.790 ------0 0 0 0.000 -----------0.060 (0.030) (0.020) ------0.160 0.040 -0.230 0.010 (0.020) (0.090) (0.270) (0.640) (2.420) (2.870) (0.260) ------1.560 2.220 2.220 ---------0.230 (0.120) (1.640) ---0.960 1.840 1.500 0.250 0.810 1.170 9.950 7.730 4.870 (5.030) (3.350) (1.390) ------(5.030) (3.350) (1.390) ------0.070 0.070 0.050 9.220 8.550 1.700 ---(9.330) (8.300) (1.420) ------0.140 0.100 0.050 0.100 0.420 0.380 (4.940) (2.930) (1.010) ------(3.690) (1.840) (1.840) ---(3.690) (1.840) (1.840) ----------

------------------(3.690) -3.010 1.560 4.570 -3.370 ---2005 Q4

$0.0 0.0 -72.2 $72.2

------------------(3.690) -1.330 1.560 2.890 -1.780 ----

------------------(1.840) -2.960 1.560 4.520 -1.080 ----

------------------(1.840) -2.020 1.560 3.580 -0.000 ----

2005 Q3 2005 Q2 2005 Q1

$0.0 0.0 -73.1 $73.1

$0.0 0.0 -71.4 $71.4

$0.0 0.0 -70.7 $70.7

$0 $0 $72 $72

$0 $0 $73 $73

$0 $0 $71 $71

$0 $0 $71 $71

All Financial Reports

Polypore International Inc Income Statement - Annual Standardised in Millions of US Dollar Fiscal Period: Period End Date: Period Length: Update Type: Update Date: Source Source Date: Complete Statement: Auditor Code: Net Sales Gross Revenue Sales Returns and Allowances Excise Tax Receipts Revenue Interest Income, Non-Bank Other Revenue Other Revenue, Total Total Revenue Cost of Revenue Excise Taxes Payments Cost of Revenue, Total Gross Profit Selling/General/Administrative Expense Labor & Related Expense Advertising Expense Selling/General/Admin. Expenses, Total Research & Development Depreciation Amortization of Intangibles Amortization of Acquisition Costs Depreciation/Amortization Interest Expense - Operating Interest Capitalized - Operating Interest Expense, Net - Operating Interest Income - Operating Investment Income - Operating Interest/Investment Income - Operating Interest Expense(Income) - Net Operating Interest Exp.(Inc.),Net-Operating, Total Purchased R&D Written-Off Restructuring Charge Litigation Impairment-Assets Held for Use Impairment-Assets Held for Sale Other Unusual Expense (Income) Unusual Expense (Income) Foreign Currency Adjustment Unrealized Losses (Gains) Minimum Pension Liability Adjustment

2008 2007 2006 2005 2004 1/3/2009 12/29/2007 12/30/2006 12/31/2005 1/1/2005 53 Weeks 52 Weeks 52 Weeks 52 Weeks 52 Weeks Update Restated Restated Update Update 1/3/2009 1/3/2009 1/3/2009 12/31/2005 1/1/2005 10-K 10-K 10-K 10-K PROSPECTUS 3/12/2009 3/12/2009 3/12/2009 3/31/2006 6/15/2005 Complete Complete Complete Complete Complete EY EY EY EY EY 610.530 534.670 478.160 432.500 490.360 ---------------610.530 534.670 478.160 432.500 490.360 ---------------610.530 534.670 478.160 432.500 490.360 394.810 337.680 313.250 282.270 336.080 -----394.810 337.680 313.250 282.270 336.080 215.720 196.990 164.900 150.230 154.280 108.300 93.620 87.470 75.540 75.080 ----------108.300 93.620 87.470 75.540 75.080 0 0 0 0 0 ---------------------------------------------------------------0.000 5.250 59.890 (0.890) 37.030 8.690 13.900 ---------------0.000 37.230 0.000 0.000 -59.890 36.340 37.030 8.690 19.150 ----------------

Loss(Gain) on Sale of Assets - Operating Other Operating Expense Other, Net Other Operating Expenses, Total Total Operating Expense Operating Income Interest Expense - Non-Operating Interest Capitalized - Non-Operating Interest Expense, Net Non-Operating Interest Income - Non-Operating Investment Income - Non-Operating Interest/Invest Income - Non-Operating Interest Income(Exp), Net Non-Operating Interest Inc.(Exp.),Net-Non-Op., Total Gain (Loss) on Sale of Assets Foreign Currency Adjustment Unrealized Gains (Losses) Minimum Pension Liability Adjustment Other Non-Operating Income (Expense) Other, Net Net Income Before Taxes Provision for Income Taxes Net Income After Taxes Minority Interest Equity In Affiliates U.S. GAAP Adjustment Net Income Before Extra. Items Accounting Change Discontinued Operations Extraordinary Item Tax on Extraordinary Items Total Extraordinary Items Net Income Preferred Dividends General Partners' Distributions Miscellaneous Earnings Adjustment Pro Forma Adjustment Interest Adjustment - Primary EPS Total Adjustments to Net Income Income Available to Com Excl ExtraOrd Income Available to Com Incl ExtraOrd Basic Weighted Average Shares Basic EPS Excluding Extraordinary Items Basic EPS Including Extraordinary Items Dilution Adjustment Diluted Net Income Diluted Weighted Average Shares Diluted EPS Excluding ExtraOrd Items Diluted EPS Including ExtraOrd Items DPS - Common Stock Primary Issue Dividends per Share - Com Stock Issue 2 Dividends per Share - Com Stock Issue 3 Dividends per Share - Com Stock Issue 4 Special DPS - Common Stock Primary Issue

----563.000 47.530 ----2.480 2.480 (60.740) (58.260) ----0.000 0.000 (10.730) 6.820 (17.550) ---(17.550) 0.000 2.360 --2.360 (15.190) ------(17.550) (15.190) 42.780 (0.410) (0.360) 0.000 (15.190) 42.780 (0.410) (0.360) 0.000 0.000 0.000 ---

----467.650 67.020 ----(1.620) (1.620) (81.000) (82.620) ----0.000 0.000 (15.600) (16.050) 0.450 ---0.450 0.000 0.100 --0.100 0.550 ------0.450 0.550 32.940 0.010 0.020 -0.550 33.240 0.010 0.020 0.000 0.000 0.000 ---

----437.750 40.400 ----(3.210) (3.210) (92.290) (95.490) ----2.590 2.590 (52.500) (22.940) (29.560) ---(29.560) 0.230 (0.240) --(0.010) (29.570) ------(29.560) (29.570) 25.310 (1.170) (1.170) 0.000 (29.570) 25.310 (1.170) (1.170) 0.000 0.000 0.000 ---

-0.000 -0.000 366.500 66.000 ----4.420 4.420 (81.990) (77.570) ----0.000 0.000 (11.570) (8.630) (2.940) ---(2.940) 0.000 ---0.000 (2.940) 0.000 ----0.000 (2.940) (2.940) 25.270 (0.120) (0.120) 0.000 (2.940) 25.270 (0.120) (0.120) 0.000 0.000 0.000 ---

-(1.510) -(1.510) 428.800 61.560 ----(0.820) (0.820) (48.150) (48.960) ------12.600 5.030 7.570 ---7.570 -----7.570 (0.420) ----(0.420) 7.140 7.140 25.210 0.280 0.280 0.000 7.140 25.210 0.280 0.280 0.000 0.000 0.000 ---

Special DPS - Common Stock Issue 2 Special DPS - Common Stock Issue 3 Special DPS - Common Stock Issue 4 Gross Dividends - Common Stock (Gain) Loss on Sale of Assets, Suppl. Impairment-Assets Held for Sale, Suppl. Impairment-Assets Held for Use, Suppl. Litigation Charge, Supplemental Purchased R&D Written-Off, Supplemental Restructuring Charge, Supplemental Other Unusual Expense(Income), Suppl. Non-Recurring Items, Supplemental, Total Total Special Items Normalized Income Before Taxes Effect of Special Items on Income Taxes Inc Tax Ex Impact of Sp Items Normalized Income After Taxes Normalized Inc. Avail to Com. Basic Normalized EPS Diluted Normalized EPS Pro Forma Stock Compensation Expense Net Income after Stock Based Comp. Exp. Basic EPS after Stock Based Comp. Exp. Diluted EPS after Stock Based Comp. Exp. Stock-Based Compensation, Supplemental Interest Expense, Supplemental Interest Capitalized, Supplemental Depreciation, Supplemental Funds From Operations - REIT Amort of Acquisition Costs, Supplemental Amort of Intangibles, Supplemental Rental Expense, Supplemental EPS, Supplemental Advertising Expense, Supplemental Equity in Affiliates, Supplemental Minority Interest, Supplemental Research & Development Exp, Supplemental Audit Fees Audit-Related Fees Tax Fees All Other Fees Reported Recurring Revenue Reported Net Premiums Written Reported Total Revenue Reported Operating Revenue Reported Total Cost of Revenue Reported Total Sales, General & Admin. Reported Gross Profit Reported Operating Profit Reported Operating Profit Margin Reported Ordinary Profit Reported Net Income After Tax Reported Basic EPS Reported Diluted EPS

---0.000 --------59.890 49.160 20.960 27.780 21.380 21.380 0.500 0.500 ----1.260 --36.460 --21.170 -----18.170 1.820 0.000 0.620 0.000 ------215.720 47.530 ------

---0.000 --------36.340 20.740 12.720 (3.330) 24.070 24.070 0.730 0.720 ----0.710 --31.340 --20.300 -----16.050 1.860 0.010 0.750 0.000 ------196.990 104.250 ------

---0.000 --------37.030 (15.470) 12.960 (9.980) (5.490) (5.490) (0.220) (0.220) ----0.530 --42.510 --20.690 -----13.140 1.170 0.000 0.560 0.000 ------164.900 43.000 ------

---0.000 --------8.690 (2.880) 3.040 (5.580) 2.710 2.710 0.110 0.110 ----0.460 --36.400 --17.700 3.840 ----12.140 0.890 0.080 0.600 0.000 --------------

---0.000 --------19.150 31.750 5.550 10.580 21.170 20.740 0.820 0.820 ----0.240 --36.370 --12.590 5.320 ----5.250 ------------------

Reported Net Business Profits

--

--

--

--

--

2008 2007 2006 2005 1/3/2009 12/29/2007 12/30/2006 12/31/2005 Update Update Reclassified Update 1/3/2009 12/29/2007 12/29/2007 12/31/2005 10-K 10-K 10-K 10-K 3/12/2009 3/14/2008 3/14/2008 3/31/2006 Complete Complete Complete Complete EY EY EY EY ----83.020 54.930 54.710 28.060 ----83.020 54.930 54.710 28.060 108.150 124.430 --(7.740) (8.810) --100.410 115.620 102.110 88.350 ----6.280 0.000 -0.000 106.690 115.620 102.110 88.350 29.030 29.240 35.350 31.880 12.100 11.540 10.680 7.170 29.270 23.550 21.710 21.490 --------70.400 64.330 67.740 60.540 14.280 12.670 13.390 8.630 ----1.220 1.810 0.000 0.410 --------1.220 1.810 0.000 0.410 275.600 249.360 237.950 185.980 123.800 114.840 99.230 105.690 18.690 17.850 15.870 14.530 402.680 370.120 336.000 288.970 14.730 20.870 12.350 19.080 ------------559.900 523.680 463.440 428.280 (143.100) (122.400) (99.910) (57.400) 416.800 401.280 363.530 370.870 --------601.560 568.780 567.590 567.590 276.900 259.420 259.640 256.390 (92.040) (71.560) (55.000) (33.720) 184.850 187.860 204.650 222.670 -------------

2004 1/1/2005 Restated 12/31/2005 10-K 3/31/2006 Complete EY -33.150 -33.150 --106.300 -8.850 115.150 33.150 6.400 22.240 --61.790 5.290 -7.950 --7.950 223.330 116.040 16.120 299.250 28.550 ---459.950 (24.600) 435.350 --565.910 258.290 (13.660) 244.630 ----

Balance Sheet (Differentiates) Annual - Standardised in Millions of US Dollar Fiscal Period: Period End Date: Update Type: Update Date: Source Source Date: Complete Statement: Auditor Code: Cash Cash & Equivalents Short Term Investments Cash and Short Term Investments Accounts Receivable - Trade, Gross Provision for Doubtful Accounts Accounts Receivable - Trade, Net Notes Receivable - Short Term Receivables - Other Total Receivables, Net Inventories - Finished Goods Inventories - Work In Progress Inventories - Raw Materials Inventories - Other LIFO Reserve Total Inventory Prepaid Expenses Restricted Cash - Current Deferred Income Tax - Current Asset Discountinued Operations - Current Asset Other Current Assets Other Current Assets, Total Total Current Assets Buildings - Gross Land/Improvements - Gross Machinery/Equipment - Gross Construction in Progress - Gross Leases - Gross Natural Resources - Gross Other Property/Plant/Equipment - Gross Property/Plant/Equipment, Total - Gross Accumulated Depreciation, Total Property/Plant/Equipment, Total - Net Goodwill - Gross Accumulated Goodwill Amortization Goodwill, Net Intangibles - Gross Accumulated Intangible Amortization Intangibles, Net LT Investment - Affiliate Companies LT Investments - Other Long Term Investments

Note Receivable - Long Term Deferred Charges Pension Benefits - Overfunded Defered Income Tax - Long Term Asset Discontinued Operations - LT Asset Restricted Cash - Long Term Other Long Term Assets Other Long Term Assets, Total Total Assets Accounts Payable Payable/Accrued Accrued Expenses Notes Payable/Short Term Debt Current Port. of LT Debt/Capital Leases Dividends Payable Customer Advances Security Deposits Income Taxes Payable Other Payables Deferred Income Tax - Current Liability Discontinued Operations - Curr Liability Other Current Liabilities Other Current liabilities, Total Total Current Liabilities Long Term Debt Capital Lease Obligations Total Long Term Debt Total Debt Deferred Income Tax - LT Liability Deferred Income Tax Minority Interest Reserves Pension Benefits - Underfunded Other Long Term Liabilities Discontinued Operations - Liabilities Other Liabilities, Total Total Liabilities Redeemable Preferred Stock Redeemable Convertible Preferred Stock Redeemable Preferred Stock, Total Preferred Stock - Non Redeemable Convertible Preferred Stock - Non Rdmbl Treasury Stock - Preferred General Partner Preferred Stock - Non Redeemable, Net Common Stock Limited Partner Common Stock, Total Additional Paid-In Capital Retained Earnings (Accumulated Deficit) Treasury Stock - Common ESOP Debt Guarantee Unrealized Gain (Loss) Translation Adjustment

17.390 15.640 15.240 16.370 --------------------2.650 6.120 0.920 1.110 2.650 6.120 0.920 1.110 1,498.850 1,429.040 1,389.860 1,364.580 23.810 33.800 25.490 23.210 ----58.780 50.760 55.880 32.800 0.000 0.000 0.000 0.000 5.280 5.980 5.320 2.550 ------------0.000 0.420 3.690 4.280 ------------5.480 0.000 --5.480 0.420 3.690 4.280 93.340 90.960 90.380 62.850 796.220 813.540 1,038.840 994.270 1.820 3.320 4.750 6.020 798.040 816.860 1,043.590 1,000.290 803.320 822.840 1,048.910 1,002.840 78.820 74.830 94.350 125.500 78.820 74.830 94.350 125.500 ----40.480 22.630 22.940 22.260 68.690 69.450 65.670 58.480 26.630 18.980 3.270 1.860 ----135.800 111.060 91.880 82.610 1,105.990 1,093.710 1,320.200 1,271.240 --------------------------------0.440 0.400 0.250 0.000 ----0.440 0.400 0.250 0.000 479.440 390.340 125.230 124.920 (66.670) (51.480) (51.780) (22.210) --------(3.440) 0.000 --(12.620) (0.300) ---

20.130 -----1.430 1.430 1,490.770 20.580 -51.230 0.000 28.530 ---0.000 ----0.000 100.340 1,029.390 7.340 1,036.740 1,065.270 161.590 161.590 -24.390 58.770 3.030 -86.200 1,384.870 --------0.000 -0.000 124.470 (19.270) -----

Other Equity Minimum Pension Liability Adjustment Other Comprehensive Income Other Equity, Total Total Equity Total Liabilities & Shareholders' Equity Shares Outs - Common Stock Primary Issue Shares Outstanding - Common Issue 2 Shares Outstanding - Common Issue 3 Shares Outstanding - Common Issue 4 Total Common Shares Outstanding Treas Shares - Common Stock Prmry Issue Treasury Shares - Common Issue 2 Treasury Shares - Common Issue 3 Treasury Shares - Common Issue 4 Shares Outstanding - Preferred Issue 1 Shares Outstanding - Preferred Issue 2 Shares Outstanding - Preferred Issue 3 Shares Outstanding - Preferred Issue 4 Shares Outstanding - Preferred Issue 5 Shares Outstanding - Preferred Issue 6 Total Preferred Shares Outstanding Treasury Shares - Preferred Issue 1 Treasury Shares - Preferred Issue 2 Treasury Shares - Preferred Issue 3 Treasury Shares - Preferred Issue 4 Treasury Shares - Preferred Issue 5 Treasury Shares - Preferred Issue 6 Full-Time Employees Part-Time Employees Number of Common Shareholders Accumulated Goodwill Amortization Suppl. Accumulated Intangible Amort, Suppl. Deferred Revenue - Current Deferred Revenue - Long Term Total Risk-Weighted Capital Tier 1 Capital % Total Capital % Trading Account Credit Exposure Non-Performing Loans Assets under Management Reported Total Assets Reported Total Liabilities Shareholders' Equity Excl. Stock Subscr. Reported Shareholder's Equity Reported Net Assets Reported Net Assets to Total Assets Reported Return on Assets Reported Return on Equity

---0.000 (4.290) (3.620) ----(4.050) (9.390) (16.910) (3.930) (4.050) (9.390) 392.860 335.330 69.660 93.330 1,498.850 1,429.040 1,389.860 1,364.580 44.380 40.330 25.350 25.270 ---0.000 ---0.000 ----44.380 40.330 25.350 25.270 0.000 0.000 -------------------------------------------------------------------- 1,800.000 1,800.000 1,800.000 ------------92.040 71.560 55.000 33.720 ---------------------------------------------------------------------

0.000 -0.700 0.700 105.900 1,490.770 25.270 0.000 0.000 -25.270 -----------------2,000.000 ---13.660 ------------------

Cash Flow (Indirect) - Annual - Standardised in Millions of US Dollar [+] Add Item Fiscal Period: Period End Date: Period Length:

2008 2007 2006 2005 1/3/2009 12/29/2007 12/30/2006 12/31/2005 53 Weeks 52 Weeks 52 Weeks 52 Weeks

2004 1/1/2005 52 Weeks

Update Type: Update Date: Source Source Date: Complete Statement: Auditor Code: Net Income/Starting Line Depreciation Depreciation/Depletion Amortization of Intangibles Amortization of Acquisition Costs Amortization Deferred Taxes Accounting Change Discontinued Operations Extraordinary Item Unusual Items Purchased R&D Equity in Net Earnings (Loss) Other Non-Cash Items Non-Cash Items Accounts Receivable Inventories Prepaid Expenses Other Assets Accounts Payable Accrued Expenses Payable/Accrued Taxes Payable Other Liabilities Other Assets & Liabilities, Net Other Operating Cash Flow Changes in Working Capital Cash from Operating Activities Purchase of Fixed Assets Purchase/Acquisition of Intangibles Software Development Costs Capital Expenditures Acquisition of Business Sale of Business Sale of Fixed Assets Sale/Maturity of Investment Investment, Net Purchase of Investments Sale of Intangible Assets Intangible, Net Other Investing Cash Flow Other Investing Cash Flow Items, Total Cash from Investing Activities Other Financing Cash Flow Financing Cash Flow Items Cash Dividends Paid - Common Cash Dividends Paid - Preferred Total Cash Dividends Paid

Update Update Update Update Update 1/3/2009 12/29/2007 12/30/2006 12/31/2005 1/1/2005 10-K 10-K 10-K 10-K PROSPECTUS 3/12/2009 3/14/2008 3/14/2007 3/31/2006 6/15/2005 Complete Complete Complete Complete Complete EY EY EY EY EY (15.190) 0.550 (29.570) (2.940) 7.570 36.460 31.340 42.510 36.400 36.370 36.460 31.340 42.510 36.400 36.370 18.590 17.510 17.700 17.700 12.590 -----18.590 17.510 17.700 17.700 12.590 (3.650) (32.240) (34.910) (17.600) 3.790 0.000 0.000 (2.960) 0.000 0.000 ----------57.840 7.520 38.320 9.290 14.740 ----------1.990 47.040 29.540 22.450 6.120 59.830 54.570 64.900 31.740 20.860 20.070 (7.010) (7.660) 10.400 (12.450) (5.360) 8.280 (2.650) (4.310) 0.510 (0.560) 1.150 (3.740) (3.890) 0.590 ---------------(18.560) (13.900) (0.020) (19.380) (33.710) (0.890) 1.900 (1.030) 12.080 ----------19.010 3.940 7.150 4.420 3.990 (5.200) (1.360) (2.420) (10.670) (1.110) (31.260) 94.690 69.310 49.970 64.190 49.920 (48.010) (29.800) (23.970) (13.020) (15.380) ----------(48.010) (29.800) (23.970) (13.020) (15.380) (85.800) (5.480) 0.000 0.000 (867.370) 4.000 0.000 0.000 ---0.030 0.060 0.020 1.990 ------------------------------(81.800) (5.450) 0.060 0.020 (865.380) (129.810) (35.250) (23.910) (12.990) (880.760) 0.000 (8.670) (0.020) (2.400) (20.450) 0.000 (8.670) (0.020) (2.400) (20.450) -------0.000 0.000 (47.190) 0 0 0.000 0.000 (47.190)

Sale/Issuance of Common Repurchase/Retirement of Common Common Stock, Net Sale/Issuance of Preferred Repurchase/Retirement of Preferred Preferred Stock, Net Sale/Issuance of Common/Preferred Repurch./Retirement of Common/Preferred Options Exercised Warrants Converted Treasury Stock Issuance (Retirement) of Stock, Net Short Term Debt Issued Short Term Debt Reduction Short Term Debt, Net Long Term Debt Issued Long Term Debt Reduction Long Term Debt, Net Total Debt Issued Total Debt Reduction Issuance (Retirement) of Debt, Net Cash from Financing Activities Foreign Exchange Effects Net Change in Cash Net Cash - Beginning Balance Net Cash - Ending Balance Cash Interest Paid Cash Taxes Paid Reported Cash from Operating Activities Reported Cash from Investing Activities Reported Cash from Financing Activities

ROE ROA ROIC

Short-term Debt Long-Term Debt Preferred Stock Equity Common Stock Equity Invested Capital $ Revenue / $ Invested Capital

84.850 0.000 84.850 -----1.540 --86.390 46.000 (46.000) 0.000 0.000 (20.670) (20.670) --(20.670) 65.720 (2.510) 28.090 54.930 83.020 62.380 12.590 ----

264.870 (0.320) 264.550 -----0.000 --264.550 0.000 0.000 0.000 370.000 (372.610) (296.280) --(296.280) (40.400) 6.570 0.220 54.710 54.930 65.440 13.760 ----

0.400 0.000 0.400 0.000 0.000 0.000 -----0.400 0.000 0.000 0.000 0.000 (3.430) (3.430) --(3.430) (3.050) 3.650 26.650 28.060 54.710 65.940 12.990 ----

0.000 0.000 0.000 0.000 0.000 0.000 -----0.000 0.000 0.000 0.000 0.000 (50.390) (50.390) --(50.390) (52.790) (3.500) (5.090) 33.150 28.060 57.300 (3.110) ----

--171.420 150.000 (150.000) 0.000 -----171.420 1.500 (11.500) (10.000) 1,021.590 (272.950) 748.650 --738.650 842.430 1.510 13.090 20.060 33.150 36.820 17.160 ----

2008

2007

2006

2005

2004

(5.2%) (1.2%) 3.9%

0.6% 0.0% 6.3%

(31.7%) (2.2%) 3.7%

(2.8%) (0.2%) 2.5%

3.5% 1.0% 5.1%

$5.3 796.2 -392.9 $1,194.4

$6.0 813.5 -335.3 $1,154.9

$5.3 1,038.8 -69.7 $1,113.8

$2.6 994.3 -93.3 $1,090.2

$28.5 1,029.4 -105.9 $1,163.8

$0.51

$0.46

$0.43

$0.40

$0.42

Net Income Revenue Profit Margin

($18) 611 (2.9%)

$0 535 0.1%

($30) 478 (6.2%)

($3) 433 (0.7%)

$7 490 1.5%

Revenue Total Assets

$611 1,499

$535 1,429

$478 1,390

$433 1,365

$490 1,491

DuPont ROE Analysis

Asset Utilization

0.4x

0.4x

0.3x

0.3x

0.3x

Return on Assets

(1.2%)

0.0%

(2.1%)

(0.2%)

0.5%

Total Assets Beginning Common Equity Leverage

1,499 335 4.5x

1,429 70 20.5x

1,390 93 14.9x

1,365 106 12.9x

1,491 206 7.2x

(5.2%) (12.1%) (7.1%) NA

0.6%

(31.7%)

(2.8%)

3.5%

$216 $108 $0 $55 $7 $46

$197 $94 $0 $49 ($16) $71

$165 $87 $0 $60 ($23) $40

$150 $76 $0 $54 ($9) $29

$154 $75 $0 $49 $5 $25

ST debt LT debt Equity Invested Capital

$5 $798 $393 $1,196

$6 $817 $335 $1,158

$5 $1,044 $70 $1,119

$3 $1,000 $93 $1,096

$29 $1,037 $106 $1,171

ROIC 3-year average 5-year average 10-year average

3.9% 4.6% 4.3% NA

6.3%

3.7%

2.5%

5.1%

OCF Capex FCF

$95 ($48) $47

$69 ($30) $40

$50 ($24) $26

$64 ($13) $51

$50 ($15) $35

Net Income

($18)

$0

($30)

($3)

$7

Return on Equity 3-year average 5-year average 10-year average Gross Profit SG&A R&D D&A Taxes NOPAT

FCF Conversion (FCF/NI) 3-year average 5-year average 10-year average Assumptions Growth Rate Net Operating Profit Margin Tax Rate Dep % of Revs. Investment Rate % of Revs. Working Cap. % of Revs 10 year average OCF Std. dev of 10 year OCF Beta

(266.0%) 2808.7% 1433.9% NA 2008 14.2% 8.6% NA 9.0% 7.9% 24.1% $62 $21 0.33

8780.0%

(88.0%) (1740.5%)

3-year 12.2% 7.5% 73.3% 10.2% 6.2% 27.2%

Average 5-year 10- year 7.2% 10.6% 6.7% 7.2% 65.3% 55.1% 10.6% 10.1% 4.9% 5.8% 28.1% 28.5%

483.8%

2008

2007

2006

2005

2004

$611 14.2%

$535 11.8%

$478 10.6%

$433 (11.8%)

$490 11.2%

($18) $0 ($18) 100.0%

$0 $0 $0 100.0%

($30) $0 ($30) 100.0%

($3) $0 ($3) 100.0%

$7 $47 ($40) NA

ROE

(5.2%)

0.6%

(31.7%)

(2.8%)

3.5%

Growth (b*ROE)

(5.2%)

0.6%

(31.7%)

(2.8%)

0.0%

$52 8.6%

$55 10.2%

$17 3.6%

$21 4.8%

$30 6.2%

$7 NA

($16) 102.9%

($23) 43.7%

($9) 74.6%

$5 39.9%

Depreciation % of Revenues

$55 9.0%

$49 9.1%

$60 12.6%

$54 12.5%

$49 10.0%

Capex % of Revenues

($48) 7.9%

($30) 5.6%

($24) 5.0%

($13) 3.0%

($15) 3.1%

$100 70 24 $147 24.1%

$116 64 34 $146 27.3%

$102 68 25 $144 30.2%

$88 61 23 $126 29.1%

$106 62 21 $148 30.1%

Revenue growth Net Income Dividends Retained Earning Retention Rate

Clean Operating Income % of Revenues Taxes % of Pre-tax income

Accounts Receivable Inventories Payables Working Capital % of Revenues

2003 2002 2001 1/3/2004 12/28/2002 12/29/2001 53 Weeks 52 Weeks 52 Weeks Update Update Update 1/3/2004 1/3/2004 1/3/2004 PROSPECTUS PROSPECTUS PROSPECTUS 6/7/2004 6/7/2004 6/7/2004 Complete Complete Complete EY EY EY 441.080 345.430 245.720 ---------441.080 345.430 245.720 ---------441.080 345.430 245.720 285.630 243.380 154.420 ---285.630 243.380 154.420 155.450 102.050 91.300 69.680 48.870 33.480 ------69.680 48.870 33.480 0 0 0 ------------------------------------0.000 0.000 -0.000 0.000 -------------0.000 0.000 -----------

-0.000 -0.000 355.320 85.760 ----(0.150) (0.150) (21.520) (21.670) ------64.090 18.780 45.310 ---45.310 -----45.310 (1.260) ----(1.260) 44.050 44.050 23.520 1.870 1.870 -44.050 23.520 1.870 1.870 0.000 0.000 0.000 ---

-0.000 -0.000 292.250 53.180 ----(4.090) (4.090) (20.860) (24.950) ------28.230 11.390 16.850 ---16.850 -----16.850 (4.340) ----(4.340) 12.510 12.510 29.500 0.420 0.420 -12.510 30.790 0.410 0.410 0.000 0.000 0.000 ---

----187.900 57.820 ----(4.060) (4.060) (14.130) (18.190) ------39.630 16.000 23.630 ---23.630 (1.200) ---(1.200) 22.430 (4.530) ----(4.530) 19.100 17.900 21.420 0.890 0.840 -17.900 28.230 0.680 0.630 0.000 0.000 0.000 ---

---0.000 --------0.000 64.090 0.000 18.780 45.310 44.050 1.870 1.870 -------36.220 --4.160 3.960 ----0.000 1.540 0.300 1.890 0.000 --------------

---0.000 --------0.000 28.230 0.000 11.390 16.850 12.510 0.420 0.410 -------28.100 --4.030 3.330 ----0.000 ------------------

---0.000 ---------39.630 -16.000 23.630 19.100 0.890 0.680 -------12.560 --3.630 3.860 -----------------------

--

--

2003 2002 1/3/2004 12/28/2002 Update Update 1/3/2004 1/3/2004 PROSPECTUS PROSPECTUS 6/7/2004 6/7/2004 Complete Complete EY EY --20.060 24.610 --20.060 24.610 ----94.680 72.360 ----94.680 72.360 ----------60.940 47.530 6.250 6.170 ----------181.940 150.670 121.190 108.840 15.010 12.900 449.410 362.470 29.760 27.140 ------615.370 511.350 (134.770) (87.270) 480.600 424.080 ----32.200 31.620 33.680 32.880 (15.940) (11.080) 17.740 21.800 -------

--

17.180 -----0.980 0.980 730.640 20.970 -40.640 10.000 23.610 ---5.770 ----5.770 100.990 250.520 -250.520 284.130 99.480 99.480 -22.660 51.020 --73.680 524.660 --------0.000 -0.000 15.720 124.520 -----

3.880 -----1.100 1.100 633.150 23.350 -35.620 0.000 34.980 ---3.740 ----3.740 97.690 276.070 -276.070 311.050 95.970 95.970 -14.940 35.930 --50.870 520.600 --------0.000 -0.000 15.720 80.470 -----

2.220 -63.520 65.740 205.980 730.640 25.270 0.000 0.000 0.000 25.270 -----------------2,000.000 ---15.940 ------------------

0.960 -15.400 16.360 112.550 633.150 25.270 0.000 0.000 -25.270 ---------------------11.080 ------------------

2003 1/3/2004 53 Weeks

2002 12/28/2002 52 Weeks

2001 12/29/2001 52 Weeks

Update Update Update 1/3/2004 1/3/2004 1/3/2004 PROSPECTUS PROSPECTUS PROSPECTUS 6/7/2004 6/7/2004 6/7/2004 Complete Complete Complete EY EY EY 45.310 16.850 22.430 36.220 28.100 12.560 36.220 28.100 12.560 2.470 2.670 4.170 ---2.470 2.670 4.170 (2.710) 0.770 5.120 0.000 0.000 1.200 ---------------(1.020) 4.090 3.070 (1.020) 4.090 4.260 (14.530) 9.790 (14.890) (6.790) (6.430) (8.750) (0.290) (1.540) 4.600 ---------(1.190) 24.110 (2.050) ---------(1.010) 5.070 1.950 (23.800) 31.000 (19.140) 56.470 83.470 29.400 (33.800) (28.790) (26.320) ------(33.800) (28.790) (26.320) 0.000 (112.620) (10.200) ------------------------0.000 (112.620) (10.200) (33.800) (141.410) (36.520) (0.310) (4.140) 0.000 (0.310) (4.140) 0.000 ---0.000 (13.560) (1.800) 0.000 (13.560) (1.800)

----0.000 0.000 -----0.000 15.500 (5.500) 10.000 1.740 (39.760) (38.020) --(28.020) (28.330) 1.110 (4.540) 24.610 20.060 26.930 21.850 ----

----(22.600) (22.600) -----(22.600) 1.500 (21.500) (20.000) 161.900 (18.540) 143.350 --123.350 83.050 (14.050) 11.070 13.540 24.610 18.050 10.820 ----

2003

2002

39.1% 7.0% 6.7% $33.6 250.5 -206.0 $490.1

$35.0 276.1 -112.6 $423.6

$0.90

$0.82

$44 441 10.0%

$13 345 3.6%

$441 731

$345 633

----0.000 0.000 -----0.000 23.000 (3.000) 20.000 1.160 (15.440) (14.280) --5.720 3.920 0.220 (2.980) 16.520 13.540 12.110 10.320 ----

0.6x

0.5x

6.0%

2.0%

731 113 6.5x

633 NA NA

39.1%

NA

$155 $70 $0 $39 $19 $28

$102 $49 $0 $31 $11 $11

$34 $251 $206 $490

$35 $276 $113 $424

6.7%

NA

$56 ($34) $23

$83 ($29) $55

$44

$13

51.5%

437.1%

2003

2002

$441 27.7%

$345

$44 $0 $44 100.0%

$13 $14 ($1) NA

39.1%

0.0%

39.1%

0.0%

$47 10.7%

$22 6.5%

$19 29.3%

$11 40.3%

$39 8.8%

$31 8.9%

($34) 7.7%

($29) 8.3%

$95 61 21 $135 30.5%

$72 48 23 $97 27.9%

All Financial Reports

Polypore International Inc Income Statement - Interim Standardised in Millions of US Dollar Fiscal Period: Period End Date: Period Length: Update Type: Update Date: Source Source Date: Complete Statement: Net Sales Gross Revenue Sales Returns and Allowances Excise Tax Receipts Revenue Interest Income, Non-Bank Other Revenue Other Revenue, Total Total Revenue Cost of Revenue Excise Taxes Payments Cost of Revenue, Total Gross Profit Selling/General/Administrative Expense Labor & Related Expense Advertising Expense Selling/General/Admin. Expenses, Total Research & Development Depreciation Amortization of Intangibles Amortization of Acquisition Costs Depreciation/Amortization Interest Expense - Operating Interest Capitalized - Operating Interest Expense, Net - Operating Interest Income - Operating Investment Income - Operating Interest/Investment Income - Operating Interest Expense(Income) - Net Operating Interest Exp.(Inc.),Net-Operating, Total Purchased R&D Written-Off Restructuring Charge Litigation Impairment-Assets Held for Use Impairment-Assets Held for Sale Other Unusual Expense (Income) Unusual Expense (Income) Foreign Currency Adjustment Unrealized Losses (Gains) Minimum Pension Liability Adjustment Loss(Gain) on Sale of Assets - Operating

2009 Q1 4/4/2009 13 Weeks Update 4/4/2009 10-Q 5/7/2009 Complete 108.910 ---108.910 ---108.910 65.510 -65.510 43.400 25.200 --25.200 --------------0.560 ----0.560 -----

2008 Q4 1/3/2009 14 Weeks Update 1/3/2009 10-K 3/12/2009 Complete 145.610 ---145.610 ---145.610 93.320 -93.320 52.300 27.010 --27.010 --------------59.890 ---0.000 59.890 -----

2008 Q3 9/27/2008 13 Weeks Update 9/27/2008 10-Q 11/6/2008 Complete 154.920 ---154.920 ---154.920 108.060 -108.060 46.870 26.230 --26.230 --------------0.000 ---0.000 0.000 -----

2008 Q2 6/28/2008 13 Weeks Update 6/28/2008 10-Q 8/11/2008 Complete 164.670 ---164.670 ---164.670 103.570 -103.570 61.100 29.750 --29.750 --------------0.000 ----0.000 -----

2008 Q1 3/29/2008 13 Weeks Update 3/29/2008 10-Q 5/8/2008 Complete 145.330 ---145.330 ---145.330 89.870 -89.870 55.460 25.320 --25.320 --------------0.000 ----0.000 -----

Other Operating Expense Other, Net Other Operating Expenses, Total Total Operating Expense Operating Income Interest Expense - Non-Operating Interest Capitalized - Non-Operating Interest Expense, Net Non-Operating Interest Income - Non-Operating Investment Income - Non-Operating Interest/Invest Income - Non-Operating Interest Income(Exp), Net Non-Operating Interest Inc.(Exp.),Net-Non-Op., Total Gain (Loss) on Sale of Assets Foreign Currency Adjustment Unrealized Gains (Losses) Minimum Pension Liability Adjustment Other Non-Operating Income (Expense) Other, Net Net Income Before Taxes Provision for Income Taxes Net Income After Taxes Minority Interest Equity In Affiliates U.S. GAAP Adjustment Net Income Before Extra. Items Accounting Change Discontinued Operations Extraordinary Item Tax on Extraordinary Items Total Extraordinary Items Net Income Preferred Dividends General Partners' Distributions Miscellaneous Earnings Adjustment Pro Forma Adjustment Interest Adjustment - Primary EPS Total Adjustments to Net Income Income Available to Com Excl ExtraOrd Income Available to Com Incl ExtraOrd Basic Weighted Average Shares Basic EPS Excluding Extraordinary Items Basic EPS Including Extraordinary Items Dilution Adjustment Diluted Net Income Diluted Weighted Average Shares Diluted EPS Excluding ExtraOrd Items Diluted EPS Including ExtraOrd Items DPS - Common Stock Primary Issue Dividends per Share - Com Stock Issue 2 Dividends per Share - Com Stock Issue 3 Dividends per Share - Com Stock Issue 4 Special DPS - Common Stock Primary Issue Special DPS - Common Stock Issue 2

---91.260 17.650 ----0.490 0.490 (14.150) (13.660) ------3.990 1.030 2.960 ---2.960 -0.000 --0.000 2.960 ------2.960 2.960 44.370 0.070 0.070 -2.960 44.400 0.070 0.070 0.000 0.000 0.000 ----

---180.210 (34.600) ----1.270 1.270 (14.120) (12.850) ------(47.450) (3.090) (44.360) ---(44.360) -0.000 --0.000 (44.360) ------(44.360) (44.360) 44.500 (1.000) (1.000) 0.000 (44.360) 44.500 (1.000) (1.000) 0.000 0.000 0.000 ----

---134.290 20.640 ----0.570 0.570 (14.600) (14.030) ------6.610 1.520 5.090 ---5.090 -0.000 --0.000 5.090 ------5.090 5.090 44.340 0.110 0.110 -5.090 44.600 0.110 0.110 0.000 0.000 0.000 ----

---133.320 31.350 ----0.550 0.550 (16.080) (15.540) ------15.810 4.640 11.170 ---11.170 -0.000 --0.000 11.170 ------11.170 11.170 41.950 0.270 0.270 -11.170 42.190 0.260 0.260 0.000 0.000 0.000 ----

---115.190 30.140 ----0.100 0.100 (15.940) (15.840) ------14.300 3.750 10.550 ---10.550 -2.360 --2.360 12.910 ------10.550 12.910 40.330 0.260 0.320 -12.910 40.660 0.260 0.320 0.000 0.000 0.000 ----

Special DPS - Common Stock Issue 3 Special DPS - Common Stock Issue 4 Gross Dividends - Common Stock (Gain) Loss on Sale of Assets, Suppl. Impairment-Assets Held for Sale, Suppl. Impairment-Assets Held for Use, Suppl. Litigation Charge, Supplemental Purchased R&D Written-Off, Supplemental Restructuring Charge, Supplemental Other Unusual Expense(Income), Suppl. Non-Recurring Items, Supplemental, Total Total Special Items Normalized Income Before Taxes Effect of Special Items on Income Taxes Inc Tax Ex Impact of Sp Items Normalized Income After Taxes Normalized Inc. Avail to Com. Basic Normalized EPS Diluted Normalized EPS Pro Forma Stock Compensation Expense Net Income after Stock Based Comp. Exp. Basic EPS after Stock Based Comp. Exp. Diluted EPS after Stock Based Comp. Exp. Stock-Based Compensation, Supplemental Interest Expense, Supplemental Interest Capitalized, Supplemental Depreciation, Supplemental Funds From Operations - REIT Amort of Acquisition Costs, Supplemental Amort of Intangibles, Supplemental Rental Expense, Supplemental EPS, Supplemental Advertising Expense, Supplemental Equity in Affiliates, Supplemental Minority Interest, Supplemental Research & Development Exp, Supplemental Audit Fees Audit-Related Fees Tax Fees All Other Fees Reported Recurring Revenue Reported Net Premiums Written Reported Total Revenue Reported Operating Revenue Reported Total Cost of Revenue Reported Total Sales, General & Admin. Reported Gross Profit Reported Operating Profit Reported Operating Profit Margin Reported Ordinary Profit Reported Net Income After Tax Reported Basic EPS Reported Diluted EPS Reported Net Business Profits

--0.000 --------0.560 4.540 0.140 1.170 3.370 3.370 0.080 0.080 -------8.600 --4.300 -------------------------

--0.000 --------59.890 12.440 20.960 17.880 (5.430) (5.430) (0.120) (0.120) ----0.500 --8.750 --4.610 -------------------------

--0.000 --------0.000 6.610 0.000 1.520 5.090 5.090 0.110 0.110 ----0.280 --9.550 --4.700 -------------------------

--0.000 --------0.000 15.810 0.000 4.640 11.170 11.170 0.270 0.260 ----0.270 --9.580 --4.730 -------------------------

--0.000 --------0.000 14.300 0.000 3.750 10.550 10.550 0.260 0.260 ----0.270 --8.600 --4.600 -------------------------

Balance Sheet (Differentiates) Interim - Standardised in Millions of US Dollar Fiscal Period: Period End Date: Update Type: Update Date: Source Source Date: Complete Statement: Cash Cash & Equivalents Short Term Investments Cash and Short Term Investments Accounts Receivable - Trade, Gross Provision for Doubtful Accounts Accounts Receivable - Trade, Net Notes Receivable - Short Term Receivables - Other Total Receivables, Net Inventories - Finished Goods Inventories - Work In Progress Inventories - Raw Materials Inventories - Other LIFO Reserve Total Inventory Prepaid Expenses Restricted Cash - Current Deferred Income Tax - Current Asset Discountinued Operations - Current Asset Other Current Assets Other Current Assets, Total Total Current Assets Buildings - Gross Land/Improvements - Gross Machinery/Equipment - Gross Construction in Progress - Gross Leases - Gross Natural Resources - Gross Other Property/Plant/Equipment - Gross Property/Plant/Equipment, Total - Gross Accumulated Depreciation, Total Property/Plant/Equipment, Total - Net Goodwill - Gross Accumulated Goodwill Amortization Goodwill, Net Intangibles - Gross Accumulated Intangible Amortization Intangibles, Net LT Investment - Affiliate Companies LT Investments - Other Long Term Investments Note Receivable - Long Term Deferred Charges

2009 Q1 2008 Q4 4/4/2009 1/3/2009 Update Reclassified 4/4/2009 4/4/2009 10-Q 10-Q 5/7/2009 5/7/2009 Complete Complete --96.070 83.020 --96.070 83.020 ----84.980 100.410 --0.880 6.280 85.860 106.690 32.710 29.030 17.760 12.100 29.190 29.270 ----79.660 70.400 12.480 14.280 --1.230 1.220 ----1.230 1.220 275.310 275.600 ------------------402.390 416.800 ----601.560 601.560 ----179.180 184.850 ------16.800 17.390 ---

2008 Q3 9/27/2008 Update 9/27/2008 10-Q 11/6/2008 Complete -80.050 -80.050 --117.350 -3.580 120.930 25.110 11.800 27.690 --64.600 18.250 -1.570 --1.570 285.410 ---------461.970 --601.850 --191.460 ---18.640 --

2008 Q2 6/28/2008 Update 6/28/2008 10-Q 8/11/2008 Complete -56.080 -56.080 --126.830 --126.830 32.010 12.810 28.810 --73.620 15.750 -1.390 --1.390 273.670 ---------481.790 --601.450 --198.520 ---20.210 --

2008 Q1 3/29/2008 Update 3/29/2008 10-Q 5/8/2008 Complete -23.150 -23.150 --124.760 --124.760 33.190 13.880 27.400 --74.470 18.660 -1.480 --1.480 242.520 ---------462.980 --590.120 --203.060 ---18.290 --

Pension Benefits - Overfunded Defered Income Tax - Long Term Asset Discontinued Operations - LT Asset Restricted Cash - Long Term Other Long Term Assets Other Long Term Assets, Total Total Assets Accounts Payable Payable/Accrued Accrued Expenses Notes Payable/Short Term Debt Current Port. of LT Debt/Capital Leases Dividends Payable Customer Advances Security Deposits Income Taxes Payable Other Payables Deferred Income Tax - Current Liability Discontinued Operations - Curr Liability Other Current Liabilities Other Current liabilities, Total Total Current Liabilities Long Term Debt Capital Lease Obligations Total Long Term Debt Total Debt Deferred Income Tax - LT Liability Deferred Income Tax Minority Interest Reserves Pension Benefits - Underfunded Other Long Term Liabilities Discontinued Operations - Liabilities Other Liabilities, Total Total Liabilities Redeemable Preferred Stock Redeemable Convertible Preferred Stock Redeemable Preferred Stock, Total Preferred Stock - Non Redeemable Convertible Preferred Stock - Non Rdmbl Treasury Stock - Preferred General Partner Preferred Stock - Non Redeemable, Net Common Stock Limited Partner Common Stock, Total Additional Paid-In Capital Retained Earnings (Accumulated Deficit) Treasury Stock - Common ESOP Debt Guarantee Unrealized Gain (Loss) Translation Adjustment Other Equity Minimum Pension Liability Adjustment

--------------------2.460 2.650 2.370 7.090 6.170 2.460 2.650 2.370 7.090 6.170 1,477.700 1,498.850 1,561.690 1,582.730 1,523.160 20.130 23.810 30.920 34.360 33.250 -----54.620 58.780 63.860 52.540 64.380 0.000 0.000 0.000 0.000 0.000 5.270 5.280 5.220 5.250 27.840 -----------------0.000 0.200 1.380 ---------------4.310 5.480 ---4.310 5.480 0.000 0.200 1.380 84.330 93.340 100.000 92.340 126.840 786.420 796.220 810.750 832.680 833.450 1.440 1.820 2.200 2.580 2.950 787.860 798.040 812.950 835.260 836.400 793.130 803.320 818.170 840.510 864.240 74.890 78.820 93.130 95.740 93.160 74.890 78.820 93.130 95.740 93.160 3.180 2.950 ---38.450 40.480 23.780 24.260 24.380 66.840 68.690 71.270 76.000 75.420 21.990 23.680 17.600 24.870 28.290 -----127.280 132.850 112.650 125.120 128.080 1,077.530 1,105.990 1,118.720 1,148.460 1,184.490 ----------0 -----------------------------0.440 0.440 0.440 0.440 0.400 -----0.440 0.440 0.440 0.440 0.400 479.750 479.440 477.580 476.980 390.580 (63.710) (66.670) (22.310) (27.400) (38.570) -------------------------------

Other Comprehensive Income Other Equity, Total Total Equity Total Liabilities & Shareholders' Equity Shares Outs - Common Stock Primary Issue Shares Outstanding - Common Issue 2 Shares Outstanding - Common Issue 3 Shares Outstanding - Common Issue 4 Total Common Shares Outstanding Treas Shares - Common Stock Prmry Issue Treasury Shares - Common Issue 2 Treasury Shares - Common Issue 3 Treasury Shares - Common Issue 4 Shares Outstanding - Preferred Issue 1 Shares Outstanding - Preferred Issue 2 Shares Outstanding - Preferred Issue 3 Shares Outstanding - Preferred Issue 4 Shares Outstanding - Preferred Issue 5 Shares Outstanding - Preferred Issue 6 Total Preferred Shares Outstanding Treasury Shares - Preferred Issue 1 Treasury Shares - Preferred Issue 2 Treasury Shares - Preferred Issue 3 Treasury Shares - Preferred Issue 4 Treasury Shares - Preferred Issue 5 Treasury Shares - Preferred Issue 6 Full-Time Employees Part-Time Employees Number of Common Shareholders Accumulated Goodwill Amortization Suppl. Accumulated Intangible Amort, Suppl. Deferred Revenue - Current Deferred Revenue - Long Term Total Risk-Weighted Capital Tier 1 Capital % Total Capital % Trading Account Credit Exposure Non-Performing Loans Assets under Management Reported Total Assets Reported Total Liabilities Shareholders' Equity Excl. Stock Subscr. Reported Shareholder's Equity Reported Net Assets Reported Net Assets to Total Assets Reported Return on Assets Reported Return on Equity

(16.320) (20.350) (12.740) (15.760) (13.740) (16.320) (20.350) (12.740) (15.760) (13.740) 400.160 392.860 442.970 434.270 338.670 1,477.700 1,498.850 1,561.690 1,582.730 1,523.160 44.380 44.380 44.370 44.310 40.330 ---------------44.380 44.380 44.370 44.310 40.330 ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Cash Flow (Indirect) - Interim - Standardised in Millions of US Dollar [+] Add Item Fiscal Period: Period End Date: Period Length: Update Type: Update Date:

2009 Q1 4/4/2009 13 Weeks Update 4/4/2009

2008 Q4 1/3/2009 53 Weeks Update 1/3/2009

2008 Q3 9/27/2008 39 Weeks Update 9/27/2008

2008 Q2 6/28/2008 26 Weeks Update 6/28/2008

2008 Q1 3/29/2008 13 Weeks Update 3/29/2008

Source Source Date: Complete Statement: Net Income/Starting Line Depreciation Depreciation/Depletion Amortization of Intangibles Amortization of Acquisition Costs Amortization Deferred Taxes Accounting Change Discontinued Operations Extraordinary Item Unusual Items Purchased R&D Equity in Net Earnings (Loss) Other Non-Cash Items Non-Cash Items Accounts Receivable Inventories Prepaid Expenses Other Assets Accounts Payable Accrued Expenses Payable/Accrued Taxes Payable Other Liabilities Other Assets & Liabilities, Net Other Operating Cash Flow Changes in Working Capital Cash from Operating Activities Purchase of Fixed Assets Purchase/Acquisition of Intangibles Software Development Costs Capital Expenditures Acquisition of Business Sale of Business Sale of Fixed Assets Sale/Maturity of Investment Investment, Net Purchase of Investments Sale of Intangible Assets Intangible, Net Other Investing Cash Flow Other Investing Cash Flow Items, Total Cash from Investing Activities Other Financing Cash Flow Financing Cash Flow Items Cash Dividends Paid - Common Cash Dividends Paid - Preferred Total Cash Dividends Paid Sale/Issuance of Common Repurchase/Retirement of Common Common Stock, Net

10-Q 5/7/2009 Complete 2.960 8.580 8.580 4.320 -4.320 (1.460) ---0.680 --0.330 1.010 12.870 (11.490) 1.230 ---(7.350) ---4.130 (0.600) 14.810 (2.610) --(2.610) 0.000 0.000 -------0.000 (2.610) ------0 --

10-K 3/12/2009 Complete (15.190) 36.460 36.460 18.590 -18.590 (3.650) 0.000 --57.840 --1.990 59.830 20.070 (5.360) (0.560) ---(18.560) (0.890) --3.940 (1.360) 94.690 (48.010) --(48.010) (85.800) 4.000 -------(81.800) (129.810) 84.850 84.850 ----0.000 0.000

10-Q 11/6/2008 Complete 29.170 27.710 27.710 13.980 -13.980 (0.130) ---(2.830) --0.870 (1.960) 5.810 2.730 (3.170) ---3.430 0.470 --2.060 11.320 80.100 (40.040) --(40.040) (86.050) 4.000 -------(82.050) (122.090) 84.950 84.950 ----0.000 0.000

10-Q 8/11/2008 Complete 24.090 18.160 18.160 9.280 -9.280 1.130 ---(3.270) --0.400 (2.870) 0.660 (3.270) (0.810) ---(2.660) (0.070) --(0.840) (6.990) 42.800 (28.310) --(28.310) (86.780) 4.000 -------(82.780) (111.090) 0.000 0.000 ---84.950 0.000 84.950

10-Q 5/8/2008 Complete 12.910 8.580 8.580 4.550 -4.550 1.100 ---(3.650) --0.310 (3.340) 2.860 (2.630) 0.160 ---5.550 1.100 --0.540 7.570 31.380 (12.300) --(12.300) (61.740) 4.000 -------(57.740) (70.030) 0.000 0.000 ----0.000 0.000

Sale/Issuance of Preferred Repurchase/Retirement of Preferred Preferred Stock, Net Sale/Issuance of Common/Preferred Repurch./Retirement of Common/Preferred Options Exercised Warrants Converted Treasury Stock Issuance (Retirement) of Stock, Net Short Term Debt Issued Short Term Debt Reduction Short Term Debt, Net Long Term Debt Issued Long Term Debt Reduction Long Term Debt, Net Total Debt Issued Total Debt Reduction Issuance (Retirement) of Debt, Net Cash from Financing Activities Foreign Exchange Effects Net Change in Cash Net Cash - Beginning Balance Net Cash - Ending Balance Cash Interest Paid Cash Taxes Paid Reported Cash from Operating Activities Reported Cash from Investing Activities Reported Cash from Financing Activities

---------0.000 -0.000 -(1.290) (1.290) --(1.290) (1.290) 2.150 13.050 83.020 96.070 ------

-----1.540 --1.540 46.000 (46.000) 0.000 0.000 (20.670) (20.670) --(20.670) 65.720 (2.510) 28.090 54.930 83.020 62.380 12.590 ----

-----1.520 --1.520 46.000 (46.000) 0.000 0.000 (18.570) (18.570) --(18.570) 67.900 (0.790) 25.120 54.930 80.050 ------

-----1.200 --86.150 46.000 (46.000) 0.000 -(17.200) (17.200) --(17.200) 68.950 0.490 1.140 54.930 56.080 ------

--------0.000 17.000 -17.000 -(11.100) (11.100) --5.900 5.900 0.970 (31.780) 54.930 23.150 ------

2009 Q1

2008 Q4

2008 Q3

2008 Q2

2008 Q1

(7.4%) (1.7%) 3.0%

(5.2%) (1.2%) 3.9%

12.8% 2.9% 4.3%

29.2% 1.5% 6.3%

11.9% 0.6% 6.2%

$5.3 787.9 -400.2 $1,193.3

$5.3 798.0 -392.9 $1,196.2

$5.2 813.0 -443.0 $1,261.1

$5.3 835.3 -434.3 $1,274.8

$27.8 836.4 -338.7 $1,202.9

$ Revenue / $ Invested Capital

$0.48

$0.51

$0.48

$0.46

$0.46

LTM EBITDA

$95.5

ROE ROA ROIC

Short-term Debt Long-Term Debt Preferred Stock Equity Common Stock Equity Invested Capital

DuPont ROE Analysis Net Income Revenue Profit Margin

($25) 574 (4.4%)

($18) 611 (2.9%)

$41 610 6.7%

$21 585 3.6%

$9 551 1.6%

Revenue Total Assets Asset Utilization

$574 1,478 0.4x

$611 1,499 0.4x

$610 1,562 0.4x

$585 1,583 0.4x

$551 1,523 0.4x

Return on Assets

(1.7%)

(1.2%)

2.6%

1.3%

0.6%

Total Assets Beginning Common Equity Leverage

1,478 339 4.4x

1,499 335 4.5x

1,562 318 4.9x

1,583 72 21.8x

1,523 75 20.3x

Return on Equity

(7.4%)

(5.2%)

12.8%

29.2%

11.9%

$204 $108 $0 $55 $4 $37

$216 $108 $0 $55 $7 $46

$219 $105 $0 $54 $11 $49

$218 $102 $0 $52 ($8) $72

$204 $95 $0 $50 ($11) $70

$5 $788 $400 $1,193

$5 $798 $393 $1,196

$5 $813 $443 $1,261

$5 $835 $434 $1,275

$28 $836 $339 $1,203

ROIC

3.0%

3.9%

4.3%

6.3%

6.2%

OCF Capex FCF

$78 ($38) $40

$95 ($48) $47

$87 ($54) $34

$80 ($48) $32

$78 ($39) $38

Net Income

($25)

($18)

$41

$21

$9

(158.3%)

(266.0%)

82.4%

150.5%

430.0%

Gross Profit SG&A R&D D&A Taxes NOPAT ST debt LT debt Equity Invested Capital

FCF Conversion (FCF/NI)

2007 Q4 12/29/2007 13 Weeks Restated 1/3/2009 10-K 3/12/2009 Complete 144.640 ---144.640 ---144.640 89.410 -89.410 55.230 23.930 --23.930 --------------(1.240) ---0.020 (1.230) -----

2007 Q3 9/29/2007 13 Weeks Restated 9/27/2008 10-Q 11/6/2008 Complete 129.930 ---129.930 ---129.930 84.090 -84.090 45.840 23.060 --23.060 --------------0.220 ---37.210 37.430 -----

2007 Q2 6/30/2007 13 Weeks Restated 6/28/2008 10-Q 8/11/2008 Complete 131.060 ---131.060 ---131.060 83.290 -83.290 47.780 23.100 --23.100 --------------0.080 ----0.080 -----

2007 Q1 2006 Q4 2006 Q3 3/31/2007 12/30/2006 9/30/2006 13 Weeks 13 Weeks 13 Weeks Restated Update Update 3/29/2008 12/30/2006 9/30/2006 10-Q 10-K 10-Q 5/8/2008 3/14/2007 11/14/2006 Complete Complete Complete 129.040 124.910 116.380 ---------129.040 124.910 116.380 ---------129.040 124.910 116.380 80.890 83.000 78.300 ---80.890 83.000 78.300 48.150 41.910 38.090 23.540 23.410 19.970 ------23.540 23.410 19.970 ----------------------------------------0.000 -0.050 (0.630) 36.330 -----------0.000 0.050 (0.630) 36.330 -------------

2006 Q2 7/1/2006 13 Weeks Update 7/1/2006 10-Q 8/15/2006 Complete 123.090 ---123.090 ---123.090 78.460 -78.460 44.630 22.020 --22.020 --------------0.550 ----0.550 -----

2006 Q1 2005 Q4 4/1/2006 12/31/2005 13 Weeks 13 Weeks Update Update 4/1/2006 12/31/2005 10-Q 10-K 5/16/2006 3/31/2006 Complete Complete 115.290 101.630 ------115.290 101.630 ------115.290 101.630 74.980 62.240 --74.980 62.240 40.310 39.390 22.500 20.080 ----22.500 20.080 ---------------------------0.000 0.770 1.840 --------0.770 1.840 ---------

---112.120 32.520 ----(0.860) (0.860) (16.810) (17.670) ------14.850 0.810 14.040 ---14.040 -0.070 --0.070 14.110 ------14.040 14.110 40.320 0.350 0.350 -14.110 40.320 0.350 0.350 0.000 0.000 0.000 ----

---144.580 (14.650) ----(0.390) (0.390) (16.710) (17.100) ------(31.760) (17.130) (14.620) ---(14.620) -0.000 --0.000 (14.620) ------(14.620) (14.620) 40.310 (0.360) (0.360) 0.000 (14.620) 40.310 (0.360) (0.360) -------

---106.470 24.590 ----(0.510) (0.510) (23.830) (24.340) ------0.260 1.320 (1.060) ---(1.060) -0.010 --0.010 (1.050) ------(1.060) (1.050) 25.800 (0.040) (0.040) 0.000 (1.050) 25.800 (0.040) (0.040) 0.000 0.000 0.000 ----

---104.480 24.560 ----0.130 0.130 (23.640) (23.510) ------1.050 (1.050) 2.090 ---2.090 -0.020 --0.020 2.110 ------2.090 2.110 25.340 0.080 0.080 -2.110 25.470 0.080 0.080 0.000 0.000 0.000 ----

0.000 -0.000 105.780 19.130 ----(0.940) (0.940) (23.650) (24.590) ------(5.460) (2.710) (2.750) ---(2.750) 0.000 ---0.000 (2.750) 0.000 ----0.000 (2.750) (2.750) 25.350 (0.110) (0.110) 0.000 (2.750) 25.350 (0.110) (0.110) 0.000 0.000 0.000 0.000 ---

0.000 -0.000 134.600 (18.220) ----(0.280) (0.280) (22.880) (23.160) ------(41.380) (17.260) (24.120) ---(24.120) 0.000 ---0.000 (24.120) 0.000 ----0.000 (24.120) (24.120) 25.350 (0.950) (0.950) 0.000 (24.120) 25.350 (0.950) (0.950) 0.000 0.000 0.000 0.000 ---

---101.030 22.060 ----(1.280) (1.280) (23.660) (24.940) ------(2.880) (1.510) (1.370) ---(1.370) 0.000 ---0.000 (1.370) ------(1.370) (1.370) 25.280 (0.050) (0.050) 0.000 (1.370) 25.280 (0.050) (0.050) 0.000 0.000 0.000 0.000 ---

---98.250 17.040 ----(0.700) (0.700) (19.510) (20.210) ------(3.160) (1.600) (1.560) ---(1.560) 0.230 ---0.230 (1.330) ------(1.560) (1.330) 25.270 (0.060) (0.050) 0.000 (1.330) 25.270 (0.060) (0.050) 0.000 0.000 0.000 0.000 ---

0.000 -0.000 84.160 17.470 ----0.890 0.890 (20.810) (19.920) ------(2.450) (2.090) (0.360) ---(0.360) -----(0.360) 0.000 ----0.000 (0.360) (0.360) 25.270 (0.010) (0.010) 0.000 (0.360) 25.270 (0.010) (0.010) 0.000 0.000 0.000 0.000 ---

--0.000 --------(1.230) 13.630 (0.070) 0.750 12.880 12.880 0.320 0.320 ----0.200 --8.230 --4.100 -------------------------

-----------37.430 5.680 13.100 (4.030) 9.710 9.710 0.240 0.240 ----0.160 --7.600 --4.500 -------------------------

--0.000 --------0.080 0.340 0.030 1.350 (1.010) (1.010) (0.040) (0.040) ----0.150 --7.900 --4.470 -------------------------

--0.000 --------0.050 1.100 0.020 (1.030) 2.130 2.130 0.080 0.080 ----0.150 --7.660 --4.450 -------------------------

--0.000 --------(0.630) (6.090) (0.220) (2.930) (3.160) (3.160) (0.120) (0.120) -------11.820 --4.440 -----0.000 -------------------

--0.000 --------36.330 (5.050) 12.720 (4.550) (0.500) (0.500) (0.020) (0.020) -------10.370 --4.440 -------------------------

--0.000 --------0.550 (2.330) 0.190 (1.310) (1.020) (1.020) (0.040) (0.040) -------10.160 --4.420 -------------------------

--0.000 --------0.770 (2.390) 0.270 (1.330) (1.060) (1.060) (0.040) (0.040) -------10.160 --4.400 -------------------------

--0.000 --------1.840 (0.610) 0.640 (1.450) 0.840 0.840 0.030 0.030 -------7.450 --4.400 -----0.000 -------------------

2007 Q4 12/29/2007 Update 12/29/2007 10-K 3/14/2008 Complete -54.930 -54.930 --115.620 -0.000 115.620 29.240 11.540 23.550 --64.330 12.670 -1.810 --1.810 249.360 ---------401.280 --568.780 --187.860 ---15.640 --

2007 Q3 9/29/2007 Update 9/29/2007 10-Q 11/7/2007 Complete -60.700 -60.700 --109.020 -2.010 111.030 29.610 10.680 22.600 --62.890 12.400 -----247.020 ---------384.050 --568.880 --191.830 ---16.170 --

2007 Q2 6/30/2007 Update 6/30/2007 10-Q 8/13/2007 Complete -70.080 -70.080 --103.300 -3.550 106.850 31.890 11.770 21.700 --65.360 12.080 -----254.370 ---------373.410 --568.810 --194.790 ---15.830 --

2007 Q1 2006 Q4 2006 Q3 3/31/2007 12/30/2006 9/30/2006 Update Reclassified Update 3/31/2007 6/30/2007 9/30/2006 10-Q 10-Q 10-Q 5/10/2007 8/13/2007 11/14/2006 Complete Complete Complete ---69.220 54.710 63.800 ---69.220 54.710 63.800 ------104.060 102.110 98.130 ---2.350 0.000 -106.410 102.110 98.130 32.460 35.350 35.190 11.160 10.680 10.910 22.530 21.710 20.330 ------66.140 67.740 66.430 10.840 13.390 10.260 ----------0.000 --0.000 -252.610 237.950 238.620 ---------------------------371.380 363.530 357.240 ------568.510 567.590 567.590 ------199.760 204.650 208.950 ---------16.810 15.240 16.770 ----

2006 Q2 7/1/2006 Update 7/1/2006 10-Q 8/15/2006 Complete -40.480 -40.480 --103.200 --103.200 36.120 9.260 21.770 --67.140 9.540 -----220.370 ---------380.870 --567.590 --214.190 ---17.720 --

2006 Q1 2005 Q4 4/1/2006 12/31/2005 Update Update 4/1/2006 12/31/2005 10-Q 10-K 5/16/2006 3/31/2006 Complete Complete --40.150 28.060 --40.150 28.060 ----97.690 88.350 ---0.000 97.690 88.350 32.260 31.880 9.590 7.170 21.950 21.490 ----63.800 60.540 10.650 8.630 ---0.410 -----0.410 212.290 185.980 ------------------372.830 370.870 ----567.590 567.590 ----218.210 222.670 ------16.050 16.370 ---

--------------------6.120 1.160 1.090 1.390 0.920 6.120 1.160 1.090 1.390 0.920 1,429.040 1,409.120 1,408.310 1,410.450 1,389.860 33.800 26.720 22.580 24.900 25.490 -----50.760 63.610 54.330 59.050 55.880 0.000 0.000 0.000 0.000 0.000 5.980 5.950 5.950 5.180 5.320 ---------------0.420 0.000 0.000 0.000 3.690 ---------------0.000 ----0.420 0.000 0.000 0.000 3.690 90.960 96.290 82.850 89.130 90.380 813.540 805.950 1,055.870 1,047.530 1,038.840 3.320 3.680 4.040 4.400 4.750 816.860 809.640 1,059.910 1,051.930 1,043.590 822.840 815.590 1,065.860 1,057.110 1,048.910 74.830 71.790 86.710 88.840 94.350 74.830 71.790 86.710 88.840 94.350 -----22.630 24.390 23.540 23.820 22.940 69.450 72.590 68.620 67.170 65.670 18.980 16.060 14.180 14.390 3.270 -----111.060 113.030 106.340 105.380 91.880 1,093.710 1,090.750 1,335.810 1,335.280 1,320.200 ----------------------------------------0.400 0.400 0.400 0.000 0.250 -----0.400 0.400 0.400 0.000 0.250 390.340 390.040 122.550 125.310 125.230 (51.480) (65.550) (50.970) (49.920) (51.780) -------------------------------

----2.170 2.170 1,391.320 23.980 -65.850 0.000 6.130 ---6.290 ----6.290 102.250 1,024.830 5.100 1,029.940 1,036.070 100.550 100.550 -22.780 60.910 3.860 -87.560 1,320.300 --------0.000 -0.000 125.180 (49.030) -------

----1.170 1.170 1,401.900 26.560 -39.980 0.000 4.400 ---5.060 ----5.060 75.990 1,021.180 5.450 1,026.630 1,031.030 120.340 120.340 -23.420 60.470 1.110 -85.000 1,307.960 --------0.000 -0.000 125.030 (24.910) -------

----1.400 1.400 1,388.370 23.100 -48.960 0.000 3.420 ---6.100 ----6.100 81.570 1,005.300 5.790 1,011.090 1,014.510 122.460 122.460 -21.930 57.030 1.120 -80.080 1,295.200 --------0.000 -0.000 124.550 (23.540) -------

----1.110 1.110 1,364.580 23.210 -32.800 0.000 2.550 ---4.280 ----4.280 62.850 994.270 6.020 1,000.290 1,002.840 125.500 125.500 -22.260 58.480 1.860 -82.610 1,271.240 --------0.000 -0.000 124.920 (22.210) -------

(3.930) (6.520) 0.510 (0.230) (4.050) (5.130) (6.170) (7.850) (9.390) (3.930) (6.520) 0.510 (0.230) (4.050) (5.130) (6.170) (7.850) (9.390) 335.330 318.370 72.490 75.170 69.660 71.030 93.940 93.170 93.330 1,429.040 1,409.120 1,408.310 1,410.450 1,389.860 1,391.320 1,401.900 1,388.370 1,364.580 40.330 40.310 40.310 25.040 25.350 25.350 25.350 25.270 25.270 ---------------------------40.330 40.310 40.310 25.040 25.350 25.350 25.350 25.270 25.270 0.000 --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------2007 Q4 12/29/2007 52 Weeks Update 12/29/2007

2007 Q3 9/29/2007 39 Weeks Update 9/29/2007

2007 Q2 6/30/2007 26 Weeks Update 6/30/2007

2007 Q1 2006 Q4 3/31/2007 12/30/2006 13 Weeks 52 Weeks Update Update 3/31/2007 12/30/2006

2006 Q3 9/30/2006 39 Weeks Update 9/30/2006

2006 Q2 7/1/2006 26 Weeks Update 7/1/2006

2006 Q1 2005 Q4 4/1/2006 12/31/2005 13 Weeks 52 Weeks Update Update 4/1/2006 12/31/2005

10-K 3/14/2008 Complete 0.550 31.340 31.340 17.510 -17.510 (32.240) 0.000 --7.520 --16.990 24.510 (7.010) 8.280 1.150 ---(13.900) 1.900 --37.200 27.630 69.310 (29.800) --(29.800) (5.480) 0.030 -------(5.450) (35.250) 256.170 256.170 ----(0.320) (0.290)

10-Q 11/7/2007 Complete (13.520) 23.120 23.120 13.410 -13.410 (25.880) 0.000 --8.680 --15.890 24.570 (2.400) 8.260 1.150 ---5.210 (0.780) --29.030 40.470 62.170 (16.280) --(16.280) (5.480) 0.000 -------(5.480) (21.760) 256.140 256.140 ----(0.320) (0.320)

10-Q 8/13/2007 Complete 1.060 15.560 15.560 8.920 -8.920 (6.030) 0.000 --1.240 --15.460 16.700 0.610 3.700 0.450 ---(5.090) (1.810) --(1.910) (4.050) 32.170 (9.980) --(9.980) (5.480) 0.000 -------(5.480) (15.450) (0.670) (0.670) ---0.000 (0.320) (0.320)

10-Q 5/10/2007 Complete 2.110 7.660 7.660 4.450 -4.450 (4.050) 0.000 --0.620 --7.310 7.930 (0.820) 2.390 2.110 ---0.950 1.290 --(1.090) 4.830 22.940 (2.660) --(2.660) (5.180) 0.000 -------(5.180) (7.840) (0.030) (0.030) ----(0.320) (0.320)

10-K 10-Q 3/14/2007 11/14/2006 Complete Complete (29.570) (26.820) 42.510 30.690 42.510 30.690 17.700 13.260 --17.700 13.260 (34.910) (29.120) (2.960) (2.960) ----38.320 38.500 ----29.540 21.000 64.900 56.540 (7.660) (5.910) (2.650) (3.260) (3.740) (0.560) -0.000 ----(0.020) 10.030 (1.030) 1.420 ----4.420 4.150 (10.670) 5.860 49.970 50.400 (23.970) (15.860) ----(23.970) (15.860) 0.000 -0.060 0.060 --------------0.060 0.060 (23.910) (15.800) (0.020) (0.020) (0.020) (0.020) --0.000 -0.000 ---0.000 -0.400 0.400

10-Q 8/15/2006 Complete (2.700) 20.320 20.320 8.820 -8.820 (8.090) (2.960) --2.100 --13.590 12.720 (10.900) (3.320) 0.170 ---6.010 (1.250) --0.630 (8.670) 22.400 (11.130) --(11.130) -0.000 -------0.000 (11.130) (0.020) (0.020) -----0.400

10-Q 5/16/2006 Complete (1.330) 10.160 10.160 4.400 -4.400 (3.310) (2.960) --0.810 --5.470 3.320 (7.700) (2.100) (1.510) ---13.140 0.510 --0.450 2.790 16.030 (3.990) --(3.990) 0.000 --------0.000 (3.990) (0.020) (0.020) ----0.000 0.000

10-K 3/31/2006 Complete (2.940) 36.400 36.400 17.700 -17.700 (17.600) 0.000 --9.290 --22.450 31.740 10.400 (4.310) (3.890) 0.000 --(19.380) 12.080 --3.990 (1.110) 64.190 (13.020) --(13.020) 0.000 0.020 -------0.020 (12.990) (2.400) (2.400) -0.000 0.000 --0.000

-----0.000 --(0.290) 0.000 0.000 0.000 370.000 (666.280) (296.280) --(296.280) (40.400) 6.570 0.220 54.710 54.930 65.440 13.760 ----

-----0.000 --(0.320) 0.000 0.000 0.000 370.000 (664.850) (294.850) --(294.850) (39.030) 4.610 5.990 54.710 60.700 ------

-----0.000 --(0.320) 0.000 0.000 0.000 -(1.770) (1.770) --(1.770) (2.760) 1.400 15.360 54.710 70.080 ------

--------(0.320) 0.000 -0.000 -(1.290) (1.290) --(1.290) (1.640) 1.050 14.510 54.710 69.220 ------

0.000 0.000 0.000 --0.000 --0.400 0.000 0.000 0.000 0.000 (3.430) (3.430) --(3.430) (3.050) 3.650 26.650 28.060 54.710 65.940 12.990 ----

--------0.400 ----(1.120) (1.120) --(1.120) (0.730) 1.860 35.740 28.060 63.800 ------

--------0.400 ----(0.700) (0.700) --(0.700) (0.310) 1.460 12.420 28.060 40.480 ------

--------0.000 ----(0.300) (0.300) --(0.300) (0.320) 0.370 12.090 28.060 40.150 ------

0.000 0.000 0.000 -----0.000 0.000 0.000 0.000 0.000 (50.390) (50.390) --(50.390) (52.790) (3.500) (5.090) 33.150 28.060 57.300 (3.110) ----

2007 Q4

2007 Q3

2007 Q2

2007 Q1

2006 Q4

2006 Q3

2006 Q2

2006 Q1

2005 Q4

0.6% 0.0% 6.3%

(23.0%) (1.2%) 5.2%

(27.5%) (1.8%) 4.4%

(28.1%) (1.9%) 4.4%

(31.9%) (2.2%) 3.6%

(27.9%) (2.0%) 4.0%

(5.6%) (0.4%) 2.6%

$6.0 816.9 -335.3 $1,158.2

$6.0 809.6 -318.4 $1,134.0

$6.0 1,059.9 -72.5 $1,138.4

$5.2 1,051.9 -75.2 $1,132.3

$5.3 1,043.6 -69.7 $1,118.6

$6.1 1,029.9 -71.0 $1,107.1

$4.4 1,026.6 -93.9 $1,125.0

$3.4 1,011.1 -93.2 $1,107.7

$2.6 1,000.3 -93.3 $1,096.2

$0.46

$0.45

$0.44

$0.44

$0.43

$0.41

$0.40

$0.39

$0.39

$0 535 0.1%

($16) 515 (3.2%)

($26) 501 (5.2%)

($26) 493 (5.3%)

($30) 480 (6.2%)

($27) 456 (6.0%)

($6) 446 (1.3%)

($6) 435 (1.4%)

($3) 433 (0.7%)

$535 1,429 0.4x

$515 1,409 0.4x

$501 1,408 0.4x

$493 1,410 0.3x

$480 1,390 0.3x

$456 1,391 0.3x

$446 1,402 0.3x

$435 1,388 0.3x

$433 1,365 0.3x

0.0%

(1.2%)

(1.8%)

(1.9%)

(2.1%)

(2.0%)

(0.4%)

(0.4%)

(0.2%)

1,429 70 20.5x

1,409 71 19.8x

1,408 94 15.0x

1,410 93 15.1x

1,390 93 14.9x

1,391 98 14.2x

1,402 100 14.0x

1,388 NA NA

1,365 NA NA

0.6%

(23.0%)

(27.5%)

(28.1%)

(31.9%)

(27.9%)

(5.6%)

NA

NA

$197 $94 $0 $49 ($16) $71

$184 $93 $0 $53 ($20) $57

$176 $90 $0 $56 ($20) $50

$173 $89 $0 $58 ($23) $49

$165 $88 $0 $60 ($23) $40

$162 $85 $0 $56 ($22) $45

$156 $83 $0 $55 ($12) $30

$152 $80 $0 $54 ($10) $28

$150 $76 $0 $54 ($9) $29

$6 $817 $335 $1,158

$6 $810 $318 $1,134

$6 $1,060 $72 $1,138

$5 $1,052 $75 $1,132

$5 $1,044 $70 $1,119

$6 $1,030 $71 $1,107

$4 $1,027 $94 $1,125

$3 $1,011 $93 $1,108

$3 $1,000 $93 $1,096

6.3%

5.2%

4.4%

4.4%

3.6%

4.0%

2.6%

NA

NA

$69 ($30) $40

$62 ($24) $37

$60 ($23) $37

$57 ($23) $34

$50 ($24) $26

$54 ($19) $35

$50 ($18) $33

$51 ($14) $37

$64 ($13) $51

$0

($16)

($26)

($26)

($30)

($27)

($6)

($6)

($3)

(228.6%)

(142.9%)

(130.9%)

(87.2%)

(129.2%)

(587.7%)

8780.0%

(608.1%) (1734.6%)

2005 Q3 10/1/2005 13 Weeks Update 10/1/2005 10-Q 11/9/2005 Complete 105.760 ---105.760 ---105.760 74.320 -74.320 31.450 18.450 --18.450 -------------0.000 1.450 ----1.450 -----

2005 Q2 7/2/2005 13 Weeks Update 7/2/2005 10-Q 8/16/2005 Complete 112.610 ---112.610 ---112.610 72.110 -72.110 40.510 18.570 --18.570 -------------0.000 5.400 ----5.400 -----

2005 Q1 2004 Q4 2004 Q3 2004 Q2 4/2/2005 1/1/2005 10/2/2004 7/3/2004 13 Weeks 13 Weeks 13 Weeks 13 Weeks Update Update Update Update 4/1/2006 1/1/2005 10/1/2005 7/2/2005 10-Q PROSPECTUS 10-Q 10-Q 5/16/2006 8/16/2005 11/9/2005 8/16/2005 Complete Complete Complete Complete 112.500 104.860 117.500 127.880 ------------112.500 104.860 117.500 127.880 ------------112.500 104.860 117.500 127.880 73.610 75.940 91.830 82.060 ----73.610 75.940 91.830 82.060 38.890 28.930 25.660 45.830 18.440 19.850 19.190 18.550 --------18.440 19.850 19.190 18.550 -----------------------------------------------------(0.030) 0.000 5.280 0.000 0.320 13.580 0.000 ----------------0.000 0.290 13.580 5.280 -----------------

0.000 -0.000 94.220 11.540 ----0.130 0.130 (20.580) (20.450) ------(8.910) (6.610) (2.310) ---(2.310) -----(2.310) 0.000 ----0.000 (2.310) (2.310) 25.270 (0.090) (0.090) 0.000 (2.310) 25.270 (0.090) (0.090) 0.000 0.000 0.000 ----

0.000 -0.000 96.070 16.540 ----1.830 1.830 (20.340) (18.510) ------(1.970) (0.050) (1.920) ---(1.920) -----(1.920) 0.000 ----0.000 (1.920) (1.920) 25.270 (0.080) (0.080) 0.000 (1.920) 25.270 (0.080) (0.080) 0.000 0.000 0.000 ----

---92.050 20.450 ----1.570 1.570 (20.260) (18.690) ------1.760 0.120 1.640 ---1.640 0.000 ---0.000 1.640 ------1.640 1.640 25.270 0.060 0.060 -1.640 25.270 0.060 0.060 0.000 0.000 0.000 ----

(1.510) -(1.510) 94.560 10.310 ----(0.870) (0.870) (20.120) (21.000) ------(10.690) (1.190) (9.500) ---(9.500) -----(9.500) 0.000 ----0.000 (9.500) (9.500) 28.450 (0.330) (0.330) 0.000 (9.500) 28.450 (0.330) (0.330) 0.000 0.000 0.000 ----

---124.600 (7.110) ----(0.510) (0.510) (13.600) (14.110) ------(21.220) (8.780) (12.440) ---(12.440) -----(12.440) 0.000 ----0.000 (12.440) (12.440) 25.270 (0.490) (0.490) 0.000 (12.440) 25.270 (0.490) (0.490) 0.000 0.000 0.000 ----

---105.890 22.000 ----0.980 0.980 (9.890) (8.910) ------13.090 4.320 8.770 ---8.770 -----8.770 (0.100) ----(0.100) 8.670 8.670 24.410 0.360 0.360 -8.670 24.410 0.360 0.360 0.000 0.000 0.000 ----

--0.000 --------1.450 (7.460) 0.510 (6.100) (1.360) (1.360) (0.050) (0.050) -------9.490 --4.400 -----0.000 -------------------

--0.000 --------5.400 3.440 1.890 1.840 1.600 1.600 0.060 0.060 -------9.600 --4.430 -----0.000 -------------------

--0.000 --------0.000 1.760 0.000 0.120 1.640 1.640 0.060 0.060 -------9.860 --4.470 -------------------------

--0.000 --------0.290 (10.400) 0.110 (1.080) (9.330) (9.330) (0.330) (0.330) ----------------(0.030) -------------------

--0.000 --------13.580 (7.630) 4.750 (4.030) (3.610) (3.610) (0.140) (0.140) ----------------0.000 -------------------

--0.000 --------5.280 18.370 0.000 4.320 14.050 13.950 0.570 0.570 ----------------5.280 -------------------

2005 Q3 10/1/2005 Update 10/1/2005 10-Q 11/9/2005 Complete -29.910 -29.910 --94.260 -15.050 109.310 25.460 7.380 21.370 --54.210 6.950 -3.400 --3.400 203.780 ---------389.760 --537.520 --227.050 ---17.290 --

2005 Q2 7/2/2005 Update 7/2/2005 10-Q 8/16/2005 Complete -31.810 -31.810 --90.460 -7.880 98.330 -----59.830 7.120 -3.250 --3.250 200.340 ---------393.550 --537.520 --231.780 ---17.890 --

----1.090 1.090 1,376.480 21.310 -49.430 0.000 1.400 ---------72.140 997.440 6.360 1,003.800 1,005.200 123.520 123.520 -22.570 54.940 1.200 -78.710 1,278.180 --------0.000 -0.000 124.760 (21.850) -------

----1.590 1.590 1,382.660 19.590 -40.730 0.000 5.690 ---------66.000 1,007.930 6.690 1,014.620 1,020.310 123.300 123.300 -23.120 53.760 1.540 -78.420 1,282.340 --------0.000 -0.000 124.660 (19.540) -------

(4.610) (4.800) (4.610) (4.800) 98.300 100.320 1,376.480 1,382.660 25.270 25.270 ------25.270 25.270 ------------------------------------------------------------------------------2005 Q3 10/1/2005 39 Weeks Update 10/1/2005

2005 Q2 2005 Q1 7/2/2005 4/2/2005 26 Weeks 13 Weeks Update Update 7/2/2005 4/1/2006

2004 Q4 2004 Q3 1/1/2005 10/2/2004 52 Weeks 39 Weeks Update Update 1/1/2005 10/1/2005

2004 Q2 7/3/2004 26 Weeks Update 7/2/2005

10-Q 11/9/2005 Complete (2.580) 28.950 28.950 13.310 -13.310 0.000 0.000 --7.150 --14.740 21.890 6.180 3.290 (2.090) 0.000 --(3.850) 0.000 --(4.810) (1.270) 60.290 (9.990) --(9.990) 0.000 0.020 -------0.020 (9.970) (0.800) (0.800) -0.000 0.000 --0.000

10-Q 10-Q 8/16/2005 5/16/2006 Complete Complete (0.270) 1.640 19.460 9.860 19.460 9.860 8.900 4.470 --8.900 4.470 -(0.800) 0.000 0.000 ----5.380 0.000 ----8.850 4.460 14.230 4.460 9.560 4.640 (2.650) (1.700) (2.280) (1.850) ------(10.510) 3.100 -4.180 ----(0.280) 0.920 (6.170) 9.280 36.150 28.910 (6.620) (3.100) ----(6.620) (3.100) 0.000 -0.020 ---------------0.020 -(6.590) (3.100) (0.660) (0.090) (0.660) (0.090) --0.000 -0.000 -----0.000 --

10-Q 10-Q 10-Q 8/16/2005 11/9/2005 8/16/2005 Complete Complete Complete 7.570 17.070 29.510 36.370 25.090 18.630 36.370 25.090 18.630 12.590 8.100 3.720 ---12.590 8.100 3.720 3.790 -----------14.740 12.150 (1.430) ------6.120 (1.240) (4.000) 20.860 10.910 (5.430) (12.450) (16.090) (19.610) 0.510 4.770 3.710 0.590 0.080 (0.200) 19.010 18.510 -------(33.710) (6.920) 5.510 ---------(5.200) (7.030) (2.620) (31.260) (6.690) (13.210) 49.920 54.470 33.220 (15.380) (11.970) (7.680) ------(15.380) (11.970) (7.680) (867.370) (867.370) (867.370) 1.990 1.990 1.920 ---------------------(865.380) (865.380) (865.450) (880.760) (877.360) (873.130) (20.450) (19.810) (19.460) (20.450) (19.810) (19.460) ---(47.190) --(47.190) --------171.420 150.000 171.350

0.000 0.000 0.000 -----0.000 0.000 0.000 0.000 0.000 (50.070) (50.070) --(50.070) (50.860) (2.690) (3.240) 33.150 29.910 ------

0.000 -0.000 -0.000 -----------0.000 -0.000 -0.000 (26.920) 0.000 (26.920) 0.000 -(27.390) -(27.390) -----(27.390) (26.920) (28.060) (27.020) (2.850) (1.310) (1.340) (2.510) 33.150 33.150 31.810 30.640 -----------

150.000 (150.000) 0.000 -----171.420 1.500 (11.500) (10.000) 1,021.590 (272.950) 748.650 --738.650 842.430 1.510 13.090 20.060 33.150 36.820 17.160 ----

171.420 -171.420 -----321.420 1.500 (11.500) (10.000) 822.130 (271.240) 550.890 --540.890 842.500 (2.380) 17.240 20.060 37.300 ------

150.000 -150.000 -----321.350 1.500 (10.000) (8.500) 819.950 (269.940) 550.010 --541.510 843.390 (2.720) 0.760 20.060 20.830 ------

2005 Q3

2005 Q2 2005 Q1

2004 Q4

2004 Q3

2004 Q2

$1.4 1,003.8 -98.3 $1,103.5

$5.7 1,014.6 -100.3 $1,120.6

$0.39

$0.40

($12) 436 (2.8%)

($22) 447 (5.0%)

$436 1,376 0.3x

$447 1,383 0.3x

$0.0 0.0 0.0 0.0 $0.0

$0.0 0.0 0.0 0.0 $0.0

$0.0 0.0 0.0 0.0 $0.0

$0.0 0.0 0.0 0.0 $0.0

(0.9%)

(1.6%)

1,376 NA NA

1,383 NA NA

NA

NA

$140 $75 $0 $58 ($8) $14

$134 $76 $0 $55 ($10) $13

$1 $1,004 $98 $1,104

$6 $1,015 $100 $1,121

NA

NA

$56 ($13) $42

$53 ($14) $39

($12)

($22)

(350.2%)

(173.4%)

$0 $0 $0 $0

$0 $0 $0 $0

$0 $0 $0 $0

$0 $0 $0 $0

All Financial Reports

IDEX Corp Income Statement - Annual Standardised in Millions of US Dollar Fiscal Period: 2008 2007 2006 2005 2004 Period End Date: 12/31/2008 12/31/2007 12/31/2006 12/31/2005 12/31/2004 Period Length: 12 Months 12 Months 12 Months 12 Months 12 Months Update Type: Update Update Update Restated Restated Update Date: 12/31/2008 12/31/2007 12/31/2006 12/31/2006 12/31/2006 Source 10-K 10-K 10-K 10-K 10-K Source Date: 3/2/2009 2/29/2008 3/1/2007 3/1/2007 3/1/2007 Complete Statement: Complete Complete Complete Complete Complete Auditor Code: DT DT DT DT DT Net Sales 1,489.470 1,358.630 1,154.940 1,011.250 901.070 Gross Revenue -----Sales Returns and Allowances -----Excise Tax Receipts -----Revenue 1,489.470 1,358.630 1,154.940 1,011.250 901.070 Interest Income, Non-Bank -----Other Revenue -----Other Revenue, Total -----Total Revenue 1,489.470 1,358.630 1,154.940 1,011.250 901.070 Cost of Revenue 885.560 790.180 677.530 597.290 537.680 Excise Taxes Payments -----Cost of Revenue, Total 885.560 790.180 677.530 597.290 537.680 Gross Profit 603.910 568.450 477.410 413.970 363.390 Selling/General/Administrative Expense 343.390 313.370 260.200 232.940 214.090 Labor & Related Expense -----Advertising Expense -----Selling/General/Admin. Expenses, Total 343.390 313.370 260.200 232.940 214.090 Research & Development 0 0 0 0 0 Depreciation -----Amortization of Intangibles -----Amortization of Acquisition Costs -----Depreciation/Amortization -----Interest Expense - Operating -----Interest Capitalized - Operating -----Interest Expense, Net - Operating -----Interest Income - Operating -----Investment Income - Operating -----Interest/Investment Income - Operating -----Interest Expense(Income) - Net Operating -----Interest Exp.(Inc.),Net-Operating, Total -----Purchased R&D Written-Off -----Restructuring Charge 18.000 0.000 0.000 --Litigation -----Impairment-Assets Held for Use 30.090 0.000 0.000 --Impairment-Assets Held for Sale -----Other Unusual Expense (Income) -----Unusual Expense (Income) 48.090 0.000 0.000 --Foreign Currency Adjustment -----Unrealized Losses (Gains) -----Minimum Pension Liability Adjustment ------

Loss(Gain) on Sale of Assets - Operating Other Operating Expense Other, Net Other Operating Expenses, Total Total Operating Expense Operating Income Interest Expense - Non-Operating Interest Capitalized - Non-Operating Interest Expense, Net Non-Operating Interest Income - Non-Operating Investment Income - Non-Operating Interest/Invest Income - Non-Operating Interest Income(Exp), Net Non-Operating Interest Inc.(Exp.),Net-Non-Op., Total Gain (Loss) on Sale of Assets Foreign Currency Adjustment Unrealized Gains (Losses) Minimum Pension Liability Adjustment Other Non-Operating Income (Expense) Other, Net Net Income Before Taxes Provision for Income Taxes Net Income After Taxes Minority Interest Equity In Affiliates U.S. GAAP Adjustment Net Income Before Extra. Items Accounting Change Discontinued Operations Extraordinary Item Tax on Extraordinary Items Total Extraordinary Items Net Income Preferred Dividends General Partners' Distributions Miscellaneous Earnings Adjustment Pro Forma Adjustment Interest Adjustment - Primary EPS Total Adjustments to Net Income Income Available to Com Excl ExtraOrd Income Available to Com Incl ExtraOrd Basic Weighted Average Shares Basic EPS Excluding Extraordinary Items Basic EPS Including Extraordinary Items Dilution Adjustment Diluted Net Income Diluted Weighted Average Shares Diluted EPS Excluding ExtraOrd Items Diluted EPS Including ExtraOrd Items DPS - Common Stock Primary Issue Dividends per Share - Com Stock Issue 2 Dividends per Share - Com Stock Issue 3 Dividends per Share - Com Stock Issue 4 Special DPS - Common Stock Primary Issue

--------1,277.040 1,103.550 212.430 255.080 (18.850) (23.350) --(18.850) (23.350) --------(18.850) (23.350) --------5.120 3.430 5.120 3.430 198.700 235.160 67.340 79.300 131.360 155.860 ------131.360 155.860 --0.000 (0.720) ----0.000 (0.720) 131.360 155.150 ------------131.360 155.860 131.360 155.150 81.120 80.670 1.620 1.930 1.620 1.920 --131.360 155.150 82.320 82.090 1.600 1.900 1.600 1.890 0.480 0.480 ---------

----937.730 217.210 (16.350) -(16.350) ----(16.350) ----1.040 1.040 201.890 68.170 133.720 ---133.720 -12.950 --12.950 146.670 ------133.720 146.670 79.530 1.680 1.840 -146.670 80.980 1.650 1.810 0.400 -----

----830.220 181.030 (14.370) -(14.370) ----(14.370) ----0.560 0.560 167.220 58.640 108.580 ---108.580 -1.230 --1.230 109.800 ------108.580 109.800 77.090 1.410 1.420 -109.800 79.080 1.370 1.390 0.320 -----

----751.770 149.300 (14.760) -(14.760) ----(14.760) ----(0.690) (0.690) 133.850 47.510 86.340 ---86.340 -0.070 --0.070 86.410 ------86.340 86.410 75.110 1.150 1.150 -86.410 77.020 1.120 1.120 0.300 -----

Special DPS - Common Stock Issue 2 Special DPS - Common Stock Issue 3 Special DPS - Common Stock Issue 4 Gross Dividends - Common Stock (Gain) Loss on Sale of Assets, Suppl. Impairment-Assets Held for Sale, Suppl. Impairment-Assets Held for Use, Suppl. Litigation Charge, Supplemental Purchased R&D Written-Off, Supplemental Restructuring Charge, Supplemental Other Unusual Expense(Income), Suppl. Non-Recurring Items, Supplemental, Total Total Special Items Normalized Income Before Taxes Effect of Special Items on Income Taxes Inc Tax Ex Impact of Sp Items Normalized Income After Taxes Normalized Inc. Avail to Com. Basic Normalized EPS Diluted Normalized EPS Pro Forma Stock Compensation Expense Net Income after Stock Based Comp. Exp. Basic EPS after Stock Based Comp. Exp. Diluted EPS after Stock Based Comp. Exp. Stock-Based Compensation, Supplemental Interest Expense, Supplemental Interest Capitalized, Supplemental Depreciation, Supplemental Funds From Operations - REIT Amort of Acquisition Costs, Supplemental Amort of Intangibles, Supplemental Rental Expense, Supplemental EPS, Supplemental Advertising Expense, Supplemental Equity in Affiliates, Supplemental Minority Interest, Supplemental Research & Development Exp, Supplemental Audit Fees Audit-Related Fees Tax Fees All Other Fees Reported Recurring Revenue Reported Net Premiums Written Reported Total Revenue Reported Operating Revenue Reported Total Cost of Revenue Reported Total Sales, General & Admin. Reported Gross Profit Reported Operating Profit Reported Operating Profit Margin Reported Ordinary Profit Reported Net Income After Tax Reported Basic EPS Reported Diluted EPS

---39.130 --------48.090 246.790 16.300 83.640 163.150 163.150 2.010 1.980 ----15.010 18.850 -30.990 --17.600 12.600 ----29.500 3.560 0.340 0.320 0.000 ------603.910 212.430 ------

---39.000 --------0.000 235.160 0.000 79.300 155.860 155.860 1.930 1.900 ----12.570 23.350 -28.320 --9.700 11.600 ----28.100 2.720 0.140 0.440 0.000 ------568.450 255.080 ------

---32.130 --------0.000 201.890 0.000 68.170 133.720 133.720 1.680 1.650 ----10.700 16.350 -25.830 --4.100 9.800 ----24.800 2.420 0.410 0.400 0.010 --------------

---24.910 ---------167.220 -58.640 108.580 108.580 1.410 1.370 6.790 101.790 1.320 1.290 -14.370 -25.550 --0.710 8.900 ----23.800 2.220 0.000 0.490 0.030 --------------

---22.900 ---------133.850 -47.510 86.340 86.340 1.150 1.120 5.380 80.950 1.070 1.050 -14.760 -25.830 --0.620 9.900 ----20.900 ------------------

Reported Net Business Profits

--

--

--

--

--

Balance Sheet (Differentiates) Annual - Standardised in Millions of US Dollar Fiscal Period: 2008 2007 2006 2005 2004 Period End Date: 12/31/2008 12/31/2007 12/31/2006 12/31/2005 12/31/2004 Update Type: Update Update Update Reclassified Update Update Date: 12/31/2008 12/31/2007 12/31/2006 12/31/2006 12/31/2004 Source 10-K 10-K 10-K 10-K 10-K Source Date: 3/2/2009 2/29/2008 3/1/2007 3/1/2007 2/28/2005 Complete Statement: Complete Complete Complete Complete Complete Auditor Code: DT DT DT DT DT Cash -----Cash & Equivalents 61.350 102.760 77.940 77.200 7.270 Short Term Investments -----Cash and Short Term Investments 61.350 102.760 77.940 77.200 7.270 Accounts Receivable - Trade, Gross 205.780 192.310 166.200 130.620 120.700 Provision for Doubtful Accounts (5.600) (5.750) (3.550) (3.680) (4.260) Accounts Receivable - Trade, Net 200.180 186.570 162.660 126.940 116.440 Notes Receivable - Short Term -----Receivables - Other 5.090 6.760 3.830 2.490 3.130 Total Receivables, Net 205.270 193.330 166.490 129.430 119.570 Inventories - Finished Goods 67.810 66.610 80.910 59.470 59.970 Inventories - Work In Progress 31.920 22.670 16.420 12.750 14.180 Inventories - Raw Materials 114.440 88.160 63.360 51.070 52.820 Inventories - Other -----LIFO Reserve -----Total Inventory 214.160 177.440 160.690 123.280 126.980 Prepaid Expenses -----Restricted Cash - Current 0.000 140.010 0.000 --Deferred Income Tax - Current Asset -----Discountinued Operations - Current Asset -----Other Current Assets 24.420 23.620 12.800 21.060 7.420 Other Current Assets, Total 24.420 163.620 12.800 21.060 7.420 Total Current Assets 505.210 637.140 417.910 350.970 261.240 Buildings - Gross 119.550 113.780 109.410 91.170 95.980 Land/Improvements - Gross 19.920 18.120 17.310 14.540 15.470 Machinery/Equipment - Gross 341.120 324.680 301.880 275.650 290.710 Construction in Progress - Gross 14.330 9.430 6.060 5.750 5.650 Leases - Gross -----Natural Resources - Gross -----Other Property/Plant/Equipment - Gross -----Property/Plant/Equipment, Total - Gross 494.920 466.010 434.650 387.110 407.810 Accumulated Depreciation, Total (308.640) (293.010) (268.710) (244.630) (252.210) Property/Plant/Equipment, Total - Net 186.280 173.000 165.950 142.490 155.600 Goodwill - Gross ----798.920 Accumulated Goodwill Amortization ----(85.300) Goodwill, Net 1,167.060 977.020 912.600 691.400 713.620 Intangibles - Gross 277.190 148.390 118.660 33.630 36.920 Accumulated Intangible Amortization (36.070) (18.720) (9.390) (5.020) (7.370) Intangibles, Net 303.230 191.770 171.360 28.620 29.550 LT Investment - Affiliate Companies -----LT Investments - Other -----Long Term Investments ------

Note Receivable - Long Term Deferred Charges Pension Benefits - Overfunded Defered Income Tax - Long Term Asset Discontinued Operations - LT Asset Restricted Cash - Long Term Other Long Term Assets Other Long Term Assets, Total Total Assets Accounts Payable Payable/Accrued Accrued Expenses Notes Payable/Short Term Debt Current Port. of LT Debt/Capital Leases Dividends Payable Customer Advances Security Deposits Income Taxes Payable Other Payables Deferred Income Tax - Current Liability Discontinued Operations - Curr Liability Other Current Liabilities Other Current liabilities, Total Total Current Liabilities Long Term Debt Capital Lease Obligations Total Long Term Debt Total Debt Deferred Income Tax - LT Liability Deferred Income Tax Minority Interest Reserves Pension Benefits - Underfunded Other Long Term Liabilities Discontinued Operations - Liabilities Other Liabilities, Total Total Liabilities Redeemable Preferred Stock Redeemable Convertible Preferred Stock Redeemable Preferred Stock, Total Preferred Stock - Non Redeemable Convertible Preferred Stock - Non Rdmbl Treasury Stock - Preferred General Partner Preferred Stock - Non Redeemable, Net Common Stock Limited Partner Common Stock, Total Additional Paid-In Capital Retained Earnings (Accumulated Deficit) Treasury Stock - Common ESOP Debt Guarantee Unrealized Gain (Loss) Translation Adjustment

------------------------------14.540 10.670 3.000 30.710 26.290 14.540 10.670 3.000 30.710 26.290 2,176.320 1,989.590 1,670.820 1,244.180 1,186.290 87.300 84.210 75.440 66.860 71.410 -----104.840 86.690 82.910 63.800 70.750 5.860 5.830 8.210 3.140 0.000 0 0 0 0 0 9.520 9.790 8.060 6.320 6.110 2.600 1.980 --------7.660 7.300 10.900 7.230 ------1.470 3.160 1.360 1.140 -------0.000 0.370 4.790 -21.250 22.230 20.680 19.490 6.110 219.260 198.950 187.250 153.300 148.260 548.140 448.900 353.770 156.900 225.320 -----548.140 448.900 353.770 156.900 225.320 554.000 454.730 361.980 160.040 225.320 144.340 124.470 100.320 64.650 56.410 144.340 124.470 100.320 64.650 56.410 ----------76.490 43.460 44.410 36.390 40.200 20.530 11.080 5.800 9.940 2.510 -----97.020 54.550 50.210 46.330 42.700 1,008.760 826.870 691.550 421.170 472.690 ----------------------------------------0.830 0.820 0.540 0.530 0.510 -----0.830 0.820 0.540 0.530 0.510 377.150 346.450 317.420 290.430 234.350 845.400 753.520 638.580 524.040 439.140 (55.390) (4.440) (3.250) (2.360) (4.210) -----(6.640) 0.000 ---39.870 86.760 52.300 25.160 53.050

Other Equity Minimum Pension Liability Adjustment Other Comprehensive Income Other Equity, Total Total Equity Total Liabilities & Shareholders' Equity Shares Outs - Common Stock Primary Issue Shares Outstanding - Common Issue 2 Shares Outstanding - Common Issue 3 Shares Outstanding - Common Issue 4 Total Common Shares Outstanding Treas Shares - Common Stock Prmry Issue Treasury Shares - Common Issue 2 Treasury Shares - Common Issue 3 Treasury Shares - Common Issue 4 Shares Outstanding - Preferred Issue 1 Shares Outstanding - Preferred Issue 2 Shares Outstanding - Preferred Issue 3 Shares Outstanding - Preferred Issue 4 Shares Outstanding - Preferred Issue 5 Shares Outstanding - Preferred Issue 6 Total Preferred Shares Outstanding Treasury Shares - Preferred Issue 1 Treasury Shares - Preferred Issue 2 Treasury Shares - Preferred Issue 3 Treasury Shares - Preferred Issue 4 Treasury Shares - Preferred Issue 5 Treasury Shares - Preferred Issue 6 Full-Time Employees Part-Time Employees Number of Common Shareholders Accumulated Goodwill Amortization Suppl. Accumulated Intangible Amort, Suppl. Deferred Revenue - Current Deferred Revenue - Long Term Total Risk-Weighted Capital Tier 1 Capital % Total Capital % Trading Account Credit Exposure Non-Performing Loans Assets under Management Reported Total Assets Reported Total Liabilities Shareholders' Equity Excl. Stock Subscr. Reported Shareholder's Equity Reported Net Assets Reported Net Assets to Total Assets Reported Return on Assets Reported Return on Equity

-----(33.650) (20.380) (26.310) (5.880) (4.640) --0.000 (8.900) (4.590) 6.220 66.380 25.990 10.380 43.810 1,167.560 1,162.720 979.270 823.010 713.610 2,176.320 1,989.590 1,670.820 1,244.180 1,186.290 80.300 81.580 80.550 79.190 76.230 ---------------80.300 81.580 80.550 79.190 76.230 2.480 0.160 0.120 0.090 0.260 --------------------------------------------------------------------------------5,813.000 5,009.000 4,863.000 4,263.000 4,232.000 -----7,000.000 7,000.000 6,700.000 6,700.000 6,000.000 ----85.300 36.070 18.720 9.390 5.020 7.370 2.600 1.980 ------------------------------------------------------------------------------------

Cash Flow (Indirect) - Annual - Standardised in Millions of US Dollar [+] Add Item Fiscal Period: 2008 2007 2006 2005 2004 Period End Date: 12/31/2008 12/31/2007 12/31/2006 12/31/2005 12/31/2004 Period Length: 12 Months 12 Months 12 Months 12 Months 12 Months

Update Type: Update Update Update Reclassified Reclassified Update Date: 12/31/2008 12/31/2007 12/31/2006 12/31/2006 12/31/2006 Source 10-K 10-K 10-K 10-K 10-K Source Date: 3/2/2009 2/29/2008 3/1/2007 3/1/2007 3/1/2007 Complete Statement: Complete Complete Complete Complete Complete Auditor Code: DT DT DT DT DT Net Income/Starting Line 131.360 155.150 146.670 109.800 86.410 Depreciation 30.990 28.320 25.830 25.550 26.940 Depreciation/Depletion 30.990 28.320 25.830 25.550 26.940 Amortization of Intangibles 17.610 9.720 4.130 0.710 0.620 Amortization of Acquisition Costs -----Amortization 17.610 9.720 4.130 0.710 0.620 Deferred Taxes (8.200) 2.450 1.310 4.320 10.780 Accounting Change -----Discontinued Operations 0.000 (0.150) (0.400) 0.750 2.460 Extraordinary Item -----Unusual Items 30.090 (0.370) (14.090) 0.000 0.000 Purchased R&D -----Equity in Net Earnings (Loss) -----Other Non-Cash Items 12.170 7.640 5.360 3.520 2.890 Non-Cash Items 42.260 7.120 (9.120) 4.270 5.350 Accounts Receivable 19.670 (8.710) (14.420) (18.220) (5.340) Inventories (9.660) (3.500) (7.200) (3.340) (9.170) Prepaid Expenses -----Other Assets -----Accounts Payable (6.390) 0.810 (0.720) 0.040 11.230 Accrued Expenses 0.600 4.140 15.840 21.630 16.100 Payable/Accrued -----Taxes Payable -----Other Liabilities -----Other Assets & Liabilities, Net 5.890 1.750 (2.290) 0.150 0.140 Other Operating Cash Flow -----Changes in Working Capital 10.110 (5.510) (8.800) 0.250 12.970 Cash from Operating Activities 224.130 197.240 160.020 144.890 143.060 Purchase of Fixed Assets (27.840) (24.500) (21.200) (22.530) (20.840) Purchase/Acquisition of Intangibles -----Software Development Costs -----Capital Expenditures (27.840) (24.500) (21.200) (22.530) (20.840) Acquisition of Business (392.830) (86.210) (359.840) (1.190) (170.980) Sale of Business -----Sale of Fixed Assets 0.000 0.290 3.760 0.090 0.000 Sale/Maturity of Investment -----Investment, Net -----Purchase of Investments -----Sale of Intangible Assets -----Intangible, Net -----Other Investing Cash Flow 140.010 (138.180) 29.110 (0.460) 0.320 Other Investing Cash Flow Items, Total (252.820) (224.100) (326.980) (1.570) (170.670) Cash from Investing Activities (280.660) (248.600) (348.180) (24.100) (191.500) Other Financing Cash Flow 1.150 5.350 4.430 (1.890) (1.150) Financing Cash Flow Items 1.150 5.350 4.430 (1.890) (1.150) Cash Dividends Paid - Common (39.400) (37.270) (30.390) (24.690) (21.420) Cash Dividends Paid - Preferred -----Total Cash Dividends Paid (39.400) (37.270) (30.390) (24.690) (21.420)

Sale/Issuance of Common Repurchase/Retirement of Common Common Stock, Net Sale/Issuance of Preferred Repurchase/Retirement of Preferred Preferred Stock, Net Sale/Issuance of Common/Preferred Repurch./Retirement of Common/Preferred Options Exercised Warrants Converted Treasury Stock Issuance (Retirement) of Stock, Net Short Term Debt Issued Short Term Debt Reduction Short Term Debt, Net Long Term Debt Issued Long Term Debt Reduction Long Term Debt, Net Total Debt Issued Total Debt Reduction Issuance (Retirement) of Debt, Net Cash from Financing Activities Foreign Exchange Effects Net Change in Cash Net Cash - Beginning Balance Net Cash - Ending Balance Cash Interest Paid Cash Taxes Paid Reported Cash from Operating Activities Reported Cash from Investing Activities Reported Cash from Financing Activities

ROE ROA ROIC

Short-term Debt Long-Term Debt Preferred Stock Equity Common Stock Equity Invested Capital $ Revenue / $ Invested Capital

0 (50.000) (50.000) -----10.420 --(39.580) 180.670 -180.670 483.040 (563.210) (80.160) --100.500 22.680 (7.560) (41.400) 102.760 61.350 20.140 72.070 ----

0 0.000 0.000 -----14.000 --14.000 209.130 -209.130 46.950 (166.420) (119.480) --89.660 71.740 4.440 24.810 77.940 102.760 22.970 78.050 ----

0 0.000 0.000 -----17.210 --17.210 285.000 -285.000 245.690 (337.170) (91.480) --193.520 184.770 4.040 0.650 77.290 77.940 15.610 61.900 ----

0 -------37.500 --37.500 0.000 -0.000 10.000 (71.780) (61.780) --(61.780) (50.850) 0.080 70.020 7.270 77.290 13.950 35.920 ----

0 -------22.850 --22.850 170.980 (124.950) 46.030 --1.670 --47.700 47.980 (0.820) (1.280) 8.550 7.270 14.020 23.620 ----

2008

2007

2006

2005

2004

11.3% 6.6% 8.9%

15.9% 9.3% 10.3%

16.2% 10.7% 12.1%

15.2% 9.2% 10.2%

14.6% 9.0% 9.7%

$5.9 548.1 -1,167.6 $1,721.6

$5.8 448.9 -1,162.7 $1,617.5

$8.2 353.8 -979.3 $1,341.3

$3.1 156.9 -823.0 $983.1

$0.0 225.3 -713.6 $938.9

$0.87

$0.84

$0.86

$1.03

$0.96

$131 1,489 8.8%

$156 1,359 11.5%

$134 1,155 11.6%

$109 1,011 10.7%

$86 901 9.6%

$1,489 2,176

$1,359 1,990

$1,155 1,671

$1,011 1,244

$901 1,186

DuPont ROE Analysis Net Income Revenue Profit Margin Revenue Total Assets

Asset Utilization

0.7x

0.7x

0.7x

0.8x

0.8x

6.0%

7.8%

8.0%

8.7%

7.3%

Total Assets Beginning Common Equity Leverage

2,176 1,163 1.9x

1,990 979 2.0x

1,671 823 2.0x

1,244 714 1.7x

1,186 592 2.0x

Return on Equity 3-year average 5-year average 10-year average

11.3% 14.5% 14.7% 14.6%

15.9%

16.2%

15.2%

14.6%

$604 $343 $0 $49 $67 $145

$568 $313 $0 $38 $79 $138

$477 $260 $0 $30 $68 $119

$414 $233 $0 $26 $59 $96

$363 $214 $0 $28 $48 $74

ST debt LT debt Equity Invested Capital

$6 $548 $1,168 $1,722

$6 $449 $1,163 $1,617

$8 $354 $979 $1,341

$3 $157 $823 $983

$0 $225 $714 $939

ROIC 3-year average 5-year average 10-year average

8.9% 10.4% 10.2% 8.8%

10.3%

12.1%

10.2%

9.7%

OCF Capex FCF

$224 ($28) $196

$197 ($25) $173

$160 ($21) $139

$145 ($23) $122

$143 ($21) $122

Net Income

$131

$156

$134

$109

$86

149.4% 121.4% 123.7% 144.5%

110.8%

103.8%

112.7%

141.6%

Return on Assets

Gross Profit SG&A R&D D&A Taxes NOPAT

FCF Conversion (FCF/NI) 3-year average 5-year average 10-year average Assumptions Growth Rate Net Operating Profit Margin Tax Rate Dep % of Revs. Investment Rate % of Revs. Working Cap. % of Revs 10 year average OCF Std. dev of 10 year OCF Beta

2008 9.6% 14.2% 33.9% 3.3% 1.9% 22.0% $138 $45 0.32

3-year 13.8% 15.5% 33.8% 2.9% 1.8% 21.3%

Average 5-year 10- year 13.3% 8.9% 15.0% 12.9% 34.4% 35.7% 2.9% 3.8% 2.0% 2.4% 20.2% 20.9%

2008

2007

2006

2005

2004

$1,489 9.6%

$1,359 17.6%

$1,155 14.2%

$1,011 12.2%

$901 12.9%

Net Income Dividends Retained Earning Retention Rate

$131 $39 $92 70.0%

$156 $37 $119 76.1%

$134 $30 $103 77.3%

$109 $25 $84 77.3%

$86 $21 $65 75.2%

ROE

11.3%

15.9%

16.2%

15.2%

14.6%

7.9%

12.1%

12.6%

11.8%

11.0%

Clean Operating Income % of Revenues

$212 14.2%

$217 16.0%

$187 16.2%

$155 15.3%

$122 13.5%

Taxes % of Pre-tax income

$67 33.9%

$79 33.7%

$68 33.8%

$59 35.1%

$48 35.5%

Depreciation % of Revenues

$49 3.3%

$38 2.8%

$30 2.6%

$26 2.6%

$28 3.1%

Capex % of Revenues

($28) 1.9%

($25) 1.8%

($21) 1.8%

($23) 2.2%

($21) 2.3%

$200 214 87 $327 22.0%

$187 177 84 $280 20.6%

$163 161 75 $248 21.5%

$127 123 67 $183 18.1%

$116 127 71 $172 19.1%

Revenue growth

Growth (b*ROE)

Accounts Receivable Inventories Payables Working Capital % of Revenues

2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 12/31/2003 12/31/2002 12/31/2001 12/31/2000 12/31/1999 12/31/1998 12/31/1997 12/31/1996 12/31/1995 12/31/1994 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months Update Update Update Update Update Update Update Restated Restated Restated 12/31/2003 12/31/2002 12/31/2001 12/31/2000 12/31/1999 12/31/1998 12/31/1997 12/31/1997 12/31/1997 12/31/1997 10-K 10-K 10-K405 10-K405 10-K 10-K405 10-K405 10-K405 10-K405 -3/5/2004 2/28/2003 3/5/2002 1/31/2001 2/4/2000 2/5/1999 2/6/1998 2/6/1998 2/6/1998 -Complete Complete Complete Complete Complete Complete Complete Complete Complete Complete DT DT DT DT DT DT DT DT DT -797.920 742.010 726.950 704.280 655.040 640.130 552.160 474.700 395.480 319.230 ------------------------------797.920 742.010 726.950 704.280 655.040 640.130 552.160 474.700 395.480 319.230 ------------------------------797.920 742.010 726.950 704.280 655.040 640.130 552.160 474.700 395.480 319.230 488.600 460.580 463.230 426.320 398.560 387.290 329.810 287.630 237.800 192.280 ----------488.600 460.580 463.230 426.320 398.560 387.290 329.810 287.630 237.800 192.280 309.320 281.440 263.720 277.950 256.480 252.850 222.360 187.070 157.680 126.950 199.460 181.270 164.890 149.640 140.500 132.630 110.590 93.220 78.710 66.740 --------------------199.460 181.270 164.890 149.640 140.500 132.630 110.590 93.220 78.710 66.740 0 0 0 0 0 0 0 0 0 0 --------------------0.000 0.000 14.170 11.800 11.310 10.680 8.170 6.240 4.200 3.030 0.000 0.000 14.170 11.800 11.310 10.680 8.170 6.240 4.200 3.030 ------------------------------------------------------------------------------------------0.000 (0.200) 11.230 0.000 0.000 ---------------------------------------------0.000 (0.200) 11.230 0.000 0.000 ------------------------------------

----688.060 109.860 (14.090) -(14.090) ----(14.090) ----0.900 0.900 96.670 34.320 62.350 ---62.350 -----62.350 ------62.350 62.350 73.190 0.850 0.850 0.000 62.350 74.960 0.830 0.830 0.250 -----

----641.640 100.370 (16.350) -(16.350) ----(16.350) ----(0.120) (0.120) 83.900 29.780 54.110 ---54.110 -----54.110 ------54.110 54.110 71.260 0.760 0.760 0.000 54.110 73.090 0.740 0.740 0.250 -----

----653.510 73.440 (20.740) -(20.740) ----(20.740) ----0.730 0.730 53.430 20.720 32.710 ---32.710 -----32.710 ------32.710 32.710 68.000 0.480 0.480 0.000 32.710 69.860 0.470 0.470 0.250 -----

----587.760 116.520 (16.520) -(16.520) ----(16.520) ----1.030 1.030 101.030 37.580 63.450 ---63.450 -0.000 0.000 -0.000 63.450 ------63.450 63.450 66.880 0.950 0.950 0.000 63.450 68.920 0.920 0.920 0.250 -----

----550.360 104.680 (18.020) -(18.020) ----(18.020) ----0.570 0.570 87.230 32.800 54.430 ---54.430 -0.000 0.000 -0.000 54.430 ------54.430 54.430 66.470 0.820 0.820 0.000 54.430 67.690 0.800 0.800 0.250 -----

----530.590 109.540 (22.360) -(22.360) ----(22.360) ----0.480 0.480 87.660 33.270 54.400 ---54.400 -10.180 (2.510) -7.670 62.060 ------54.400 62.060 66.000 0.820 0.940 0.000 62.060 67.620 0.800 0.920 0.240 -----

----448.570 103.600 (18.400) -(18.400) ----(18.400) ----(0.690) (0.690) 84.500 31.030 53.480 ---53.480 -5.150 0.000 -5.150 58.630 ------53.480 58.630 65.660 0.810 0.890 0.000 58.630 67.500 0.790 0.870 0.220 -----

----387.080 87.620 (17.480) -(17.480) ----(17.480) ----(0.700) (0.700) 69.440 25.020 44.420 ---44.420 -5.770 0.000 -5.770 50.200 ------44.420 50.200 64.840 0.690 0.770 0.000 50.200 67.000 0.660 0.750 0.200 -----

----320.710 74.770 (14.300) -(14.300) ----(14.300) ----0.520 0.520 60.990 21.850 39.150 ---39.150 -6.180 0.000 -6.180 45.330 ------39.150 45.330 64.490 0.610 0.700 0.000 45.330 66.620 0.590 0.680 0.170 -----

----262.050 57.180 (11.940) -(11.940) ----(11.940) ----0.280 0.280 45.530 16.180 29.340 ---29.340 0.000 4.270 0.000 -4.270 33.610 ------29.340 33.610 64.350 0.460 0.520 0.000 33.610 65.990 0.440 0.510 0.040 -----

---18.360 --------0.000 96.670 0.000 34.320 62.350 62.350 0.850 0.830 4.790 57.560 0.790 0.770 -14.090 -27.150 -0.000 0.430 9.240 ----17.260 1.280 0.290 0.530 0.030 --------------

---17.970 --------(0.200) 83.690 (0.070) 29.710 53.980 53.980 0.760 0.740 4.430 49.680 0.700 0.680 -16.350 -27.100 -0.000 0.520 9.510 ----12.740 1.030 0.210 0.840 0.220 --------------

---17.130 --------25.390 78.820 4.350 25.070 53.750 53.750 0.790 0.770 3.810 28.900 0.430 0.410 -20.740 -26.350 -14.170 1.520 8.500 ----10.130 0.730 0.000 -0.690 --------------

---16.860 --------11.800 112.820 2.640 40.230 72.600 72.600 1.090 1.050 3.450 59.990 0.900 0.870 -16.520 -21.870 -11.800 1.540 8.500 ----7.500 0.700 0.000 -0.410 --------------

---16.570 --------11.310 98.540 2.260 35.060 63.480 63.480 0.950 0.940 2.750 51.680 0.780 0.760 -18.020 -21.620 -11.310 1.530 9.000 ----6.800 ------------------

---16.000 --------10.680 98.340 0.000 33.270 65.070 65.070 0.990 0.960 2.460 59.600 0.900 0.880 -22.360 -20.750 -10.680 1.510 8.700 ----6.300 ------------------

---14.460 --------8.170 92.680 0.000 31.030 61.650 61.650 0.940 0.910 1.560 57.060 0.870 0.840 -18.400 -14.350 -8.170 1.770 6.700 ----6.700 ------------------

---12.690 --------6.240 75.690 0.000 25.020 50.670 50.670 0.780 0.760 0.890 49.310 0.760 0.740 -17.480 -12.530 -6.240 1.900 5.000 ----6.000 ------------------

---11.090 --------4.200 65.190 0.000 21.850 43.340 43.340 0.670 0.650 0.300 45.020 0.700 0.680 -14.300 -9.240 -4.200 1.220 4.000 ----3.800 ------------------

------------3.030 48.550 0.000 16.180 32.370 32.370 0.500 0.490 -----11.940 -9.670 -3.030 4.640 ------------------------

--

--

--

--

--

--

--

--

--

--

2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 12/31/2003 12/31/2002 12/31/2001 12/31/2000 12/31/1999 12/31/1998 12/31/1997 12/31/1996 12/31/1995 12/31/1994 Reclassified Update Update Reclassified Update Update Reclassified Restated Update Update 12/31/2004 12/31/2002 12/31/2001 12/31/2001 12/31/1999 12/31/1998 12/31/1998 12/31/1997 12/31/1995 12/31/1994 10-K 10-K 10-K405 10-K405 10-K 10-K405 10-K405 10-K405 10-K405 -2/28/2005 2/28/2003 3/5/2002 3/4/2002 2/4/2000 2/5/1999 2/5/1999 2/6/1998 2/29/1996 -Complete Complete Complete Complete Complete Complete Complete Complete Complete Complete DT DT DT DT DT DT DT DT DT -----------8.550 6.950 4.970 8.420 2.900 2.720 11.770 4.730 5.940 6.290 ----------8.550 6.950 4.970 8.420 2.900 2.720 11.770 4.730 5.940 6.290 101.960 101.860 93.940 103.950 101.990 86.920 82.290 76.810 71.420 -(3.790) (3.090) (3.380) (3.340) (3.130) (2.480) (2.560) (2.110) (2.160) -98.170 98.770 90.570 100.610 98.860 84.430 79.730 74.700 69.270 59.390 ----------3.690 2.720 2.480 4.340 1.950 1.580 1.030 4.430 1.070 -101.860 101.490 93.050 104.950 100.810 86.010 80.770 79.130 70.340 59.390 52.660 51.640 53.500 65.360 64.490 59.940 49.750 56.480 71.640 -13.650 11.960 11.800 13.850 12.720 13.900 13.650 12.030 15.430 -39.000 41.990 38.810 33.840 28.930 27.360 20.840 16.220 13.980 ---------------------105.300 105.580 104.110 113.050 106.140 101.200 84.240 84.730 101.050 78.110 ---------1.270 ------------------7.050 6.300 ----------8.780 7.230 12.770 5.670 3.870 5.970 20.490 23.010 1.530 0.000 8.780 7.230 12.770 5.670 3.870 5.970 20.490 23.010 8.570 6.300 224.500 221.260 214.900 232.090 213.720 195.900 197.270 191.600 185.900 151.360 82.010 77.830 70.740 63.800 61.710 52.770 45.900 46.680 51.710 36.170 14.900 12.770 11.730 8.370 9.070 8.070 7.180 7.130 8.840 4.690 274.190 254.750 237.680 209.040 199.700 188.070 138.980 129.000 158.330 119.690 5.890 4.200 3.000 5.050 3.250 2.810 5.260 1.000 2.390 ------------------------------26.830 376.990 349.550 323.140 286.250 273.730 251.720 197.320 183.810 221.260 187.380 (229.890) (201.310) (179.000) (157.970) (143.810) (126.300) (108.690) (95.440) (129.980) (121.140) 147.100 148.250 144.150 128.280 129.920 125.420 88.630 88.380 91.280 66.240 642.860 612.150 533.940 435.410 419.920 387.210 310.240 279.050 186.930 -(83.850) (81.480) (79.380) (61.740) (63.200) (51.360) (38.860) (29.500) (28.990) -559.010 530.660 454.560 373.670 356.720 335.850 271.390 249.550 157.930 -25.900 25.420 20.460 28.190 28.350 24.960 22.420 22.610 26.280 -(6.500) (6.040) (7.680) (13.690) ------19.400 19.380 12.780 14.490 28.350 24.960 22.420 22.610 26.280 148.830 -------------------------------

------10.740 10.740 960.740 56.250 -54.810 0.000 0 4.620 -------4.620 115.680 176.550 -176.550 176.550 31.350 31.350 --41.890 3.180 -45.070 368.640 --------0.500 -0.500 198.000 375.630 (2.900) --35.890

------11.500 11.500 931.050 61.150 -42.630 0.000 0 4.550 -------4.550 108.330 241.050 -241.050 241.050 24.230 24.230 --47.500 3.150 -50.650 424.260 --------0.330 -0.330 182.540 331.640 (1.950) -0.000 9.240

------12.420 12.420 838.800 41.260 -41.780 0.000 0 4.300 -------4.300 87.340 291.820 -291.820 291.820 23.530 23.530 --30.030 4.970 -35.000 437.690 --------0.310 -0.310 124.660 295.490 (0.870) -(0.140) (10.230)

------10.320 10.320 758.850 43.340 -42.160 88.080 0 4.240 -------4.240 177.810 153.810 -153.810 241.890 18.730 18.730 --28.620 5.390 -34.010 384.350 --------0.300 -0.300 115.280 279.910 (0.140) -0.000 (10.490)

------9.870 9.870 738.570 44.290 -43.190 0.000 0 4.150 -------4.150 91.630 268.590 -268.590 268.590 15.820 15.820 --26.890 6.610 -33.500 409.540 --------0.300 -0.300 99.800 233.330 (0.100) --(2.540)

------13.680 13.680 695.810 39.520 -36.620 0.000 0 4.130 -------4.130 80.270 283.410 -283.410 283.410 14.860 14.860 --26.850 4.390 -31.240 409.770 --------0.300 -0.300 96.060 195.470 0.000 --(4.300)

------19.500 19.500 599.190 34.990 -38.860 0.000 0 3.950 -------3.950 77.800 258.420 -258.420 258.420 7.250 7.250 --13.720 3.340 -17.060 360.520 --------0.290 -0.290 90.510 149.400 ---(0.770)

------17.610 17.610 569.750 34.820 -44.990 0.000 0 3.470 -------3.470 83.290 271.710 -271.710 271.710 ----12.160 7.080 -19.240 374.240 --------0.290 -0.290 89.660 105.240 ---0.330

------4.730 4.730 466.120 36.850 -42.900 0.000 0 3.060 -------3.060 82.810 206.180 -206.180 206.180 ----15.080 11.110 -26.190 315.180 --------0.190 -0.190 86.120 67.730 ---(3.090)

------4.660 4.660 371.100 34.560 -32.120 0.000 0 2.670 -------2.670 69.350 168.170 -168.170 168.170 -----17.280 -17.280 254.790 -0.000 0.000 -----0.190 -0.190 84.940 33.490 0.000 ----

---------(2.320) (12.480) (10.570) (1.780) (2.130) (1.760) (1.490) (0.760) 0.000 --(2.530) (4.430) (6.330) (8.230) 0.000 -----20.880 (5.760) (18.340) (20.840) (4.300) (5.790) (1.530) 0.330 (3.090) (2.320) 592.100 506.790 401.110 374.500 329.020 286.040 238.670 195.510 150.950 116.310 960.740 931.050 838.800 758.850 738.570 695.810 599.190 569.750 466.120 371.100 74.220 73.070 69.150 68.080 66.680 66.300 65.810 65.080 64.560 64.390 ------------------------------74.220 73.070 69.150 68.080 66.680 66.300 65.810 65.080 64.560 64.390 0.200 0.130 0.070 0.010 ----------------------------------------------------------------------------------------------------------------------------------------------------------------------3,689.000 3,863.000 3,873.000 3,880.000 3,773.000 3,803.000 3,326.000 3,093.000 2,680.000 2,305.000 ----------5,700.000 4,700.000 5,500.000 4,300.000 5,600.000 7,700.000 7,000.000 6,100.000 5,300.000 4,400.000 83.850 81.480 79.380 61.740 63.200 51.360 38.860 29.500 28.990 -6.500 6.040 7.680 13.690 --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 12/31/2003 12/31/2002 12/31/2001 12/31/2000 12/31/1999 12/31/1998 12/31/1997 12/31/1996 12/31/1995 12/31/1994 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months

Reclassified Reclassified Reclassified Reclassified Update Reclassified Reclassified Restated Restated Update 12/31/2005 12/31/2003 12/31/2003 12/31/2002 12/31/1999 12/31/1999 12/31/1999 12/31/1997 12/31/1997 12/31/1994 10-K 10-K 10-K 10-K 10-K 10-K 10-K 10-K405 10-K405 -3/6/2006 3/5/2004 3/5/2004 2/28/2003 2/4/2000 2/4/2000 2/4/2000 2/6/1998 2/6/1998 -Complete Complete Complete Complete Complete Complete Complete Complete Complete Complete DT DT DT DT DT DT DT DT DT -62.350 54.110 32.710 63.450 54.430 54.400 53.480 44.420 39.150 33.610 27.150 27.100 26.350 21.870 21.620 20.750 14.350 12.530 9.240 9.670 27.150 27.100 26.350 21.870 21.620 20.750 14.350 12.530 9.240 9.670 0.430 0.520 15.680 13.340 12.850 12.190 9.940 8.140 5.410 4.030 ----------0.430 0.520 15.680 13.340 12.850 12.190 9.940 8.140 5.410 4.030 10.490 9.590 (0.150) 1.080 3.740 3.450 6.300 4.390 2.350 2.710 ---------0.000 ----0.000 4.160 5.670 12.430 0.120 0.000 ---------0.000 ----0.000 -------------------------4.540 2.480 2.260 1.490 0.370 0.640 0.650 0.640 0.620 0.620 4.540 2.480 2.260 1.490 0.370 4.800 6.320 13.070 0.740 0.620 6.870 1.010 24.010 (0.110) (0.870) 7.360 3.610 (6.590) (2.630) (7.610) 4.620 6.250 22.230 (2.410) 4.800 1.200 7.660 13.030 (5.810) 0.420 --------------------0.210 7.030 (7.210) (1.600) (3.060) 0.010 (2.220) (0.950) 0.340 8.290 2.510 (0.310) (4.360) (1.970) 3.360 (11.220) (8.120) (2.310) 3.700 0.140 ------------------------------(6.900) 1.710 (5.320) (3.960) (1.090) (3.870) (5.110) ----------4.390 (1.620) 0.650 7.310 15.680 29.360 (10.050) 3.150 (6.520) (4.180) 7.570 (6.030) 1.890 112.270 109.490 106.210 91.180 96.160 89.050 86.220 90.120 50.860 52.530 (20.320) (19.340) (21.640) (20.740) (18.340) (20.760) (13.560) (11.630) (8.180) (8.900) --------------------(20.320) (19.340) (21.640) (20.740) (18.340) (20.760) (13.560) (11.630) (8.180) (8.900) (21.950) (74.930) (132.300) (34.510) (48.500) (118.090) (49.740) (132.580) (69.760) (91.560) ----0.000 39.700 0.000 0.000 0.000 0.000 3.440 3.930 1.810 1.550 ------------------------------------------------------------------(18.520) (70.990) (130.490) (32.970) (48.500) (78.390) (49.740) (132.580) (69.760) (91.560) (38.840) (90.330) (152.130) (53.710) (66.840) (99.160) (63.310) (144.220) (77.940) (100.450) (1.020) (1.540) (0.440) (0.170) (0.770) (3.260) (0.740) 0.940 0.050 0.700 (1.020) (1.540) (0.440) (0.170) (0.770) (3.260) (0.740) 0.940 0.050 0.700 (18.280) (17.720) (17.060) (16.780) (16.540) (15.830) (13.980) (12.280) (10.700) 0.000 ----------(18.280) (17.720) (17.060) (16.780) (16.540) (15.830) (13.980) (12.280) (10.700) 0.000

0.000 -0.000 -----13.180 --13.180 21.950 (85.390) (63.430) --(1.690) --(65.120) (71.250) (0.580) 1.600 6.950 8.550 13.580 18.770 ----

50.840 0.000 50.840 -----5.760 --56.590 74.930 (132.200) (57.270) --2.760 --(54.510) (17.180) -1.980 4.970 6.950 16.230 21.020 ----

0.000 0.000 0.000 -----9.000 --9.000 132.300 (77.860) 54.440 --(3.470) --50.970 42.470 -(3.440) 8.420 4.970 20.820 23.480 ----

0.000 (0.050) (0.050) -----2.860 --2.820 34.510 (48.190) (13.670) --(4.150) --(17.820) (31.960) -5.520 2.900 8.420 16.910 35.530 ----

-(0.100) (0.100) -----2.940 --2.840 48.500 (55.720) (7.220) 0.000 -(7.460) --(14.680) (29.150) -0.170 2.720 2.900 18.420 25.300 ----

-0.000 0.000 -----3.330 --3.330 118.090 (166.310) (48.230) 150.000 -65.040 --16.810 1.050 -(9.050) 11.770 2.720 20.070 36.570 ----

-0.000 0.000 -----1.020 --1.020 36.200 (51.910) (15.710) 0.000 -13.550 --(2.170) (15.870) -7.040 4.730 11.770 18.780 25.450 ----

------------136.100 (71.510) 64.590 0.000 -0.000 --64.590 53.250 -(0.860) 5.590 4.730 17.360 23.690 ----

------------69.760 (31.790) 37.970 --0.000 --37.970 27.320 -0.240 5.350 5.590 15.300 21.430 ----

0.000 -0.000 -0.000 0.000 -----0.000 -----50.000 -0.000 50.000 50.700 0.000 2.780 --12.010 16.610 ----

2003

2002

2001

2000

1999

1998

1997

1996

1995

1994

12.3% 6.7% 6.4%

13.5% 6.5% 6.2%

8.7% 4.3% 5.9%

19.3% 8.6% 9.3%

19.0% 7.8% 8.6%

22.8% 9.1% 10.9%

27.4% 9.4% 12.1%

29.4% 9.5% 13.5%

33.7% 10.5% 14.9%

35.1% 11.3% 15.1%

$0.0 176.6 -592.1 $768.7

$0.0 241.1 -506.8 $747.8

$0.0 291.8 -401.1 $692.9

$88.1 153.8 -374.5 $616.4

$0.0 268.6 -329.0 $597.6

$0.0 283.4 -286.0 $569.5

$0.0 258.4 -238.7 $497.1

$0.0 271.7 -195.5 $467.2

$0.0 206.2 -151.0 $357.1

$0.0 168.2 -116.3 $284.5

$1.04

$0.99

$1.05

$1.14

$1.10

$1.12

$1.11

$1.02

$1.11

$1.12

$62 798 7.8%

$54 742 7.3%

$33 727 4.5%

$63 704 9.0%

$54 655 8.3%

$54 640 8.5%

$53 552 9.7%

$44 475 9.4%

$39 395 9.9%

$29 319 9.2%

$798 961

$742 931

$727 839

$704 759

$655 739

$640 696

$552 599

$475 570

$395 466

$319 371

0.8x

0.8x

0.9x

0.9x

0.9x

0.9x

0.9x

0.8x

0.8x

0.9x

6.5%

5.8%

3.9%

8.4%

7.4%

7.8%

8.9%

7.8%

8.4%

7.9%

961 507 1.9x

931 401 2.3x

839 375 2.2x

759 329 2.3x

739 286 2.6x

696 239 2.9x

599 196 3.1x

570 151 3.8x

466 116 4.0x

371 84 4.4x

12.3%

13.5%

8.7%

19.3%

19.0%

22.8%

27.4%

29.4%

33.7%

35.1%

$309 $199 $0 $28 $34 $48

$281 $181 $0 $28 $30 $43

$264 $165 $0 $42 $21 $36

$278 $150 $0 $35 $38 $56

$256 $141 $0 $34 $33 $49

$253 $133 $0 $33 $33 $54

$222 $111 $0 $24 $31 $56

$187 $93 $0 $21 $25 $48

$158 $79 $0 $15 $22 $42

$127 $67 $0 $14 $16 $30

$0 $177 $592 $769

$0 $241 $507 $748

$0 $292 $401 $693

$88 $154 $375 $616

$0 $269 $329 $598

$0 $283 $286 $569

$0 $258 $239 $497

$0 $272 $196 $467

$0 $206 $151 $357

$0 $168 $116 $284

6.4%

6.2%

5.9%

9.3%

8.6%

10.9%

12.1%

13.5%

14.9%

15.1%

$112 ($20) $92

$109 ($19) $90

$106 ($22) $85

$91 ($21) $70

$96 ($18) $78

$89 ($21) $68

$86 ($14) $73

$90 ($12) $78

$51 ($8) $43

$53 ($9) $44

$62

$54

$33

$63

$54

$54

$53

$44

$39

$29

125.5%

135.9%

109.0%

148.7%

147.5%

166.6%

258.5%

111.0%

143.0%

176.7%

2003

2002

2001

2000

1999

1998

1997

1996

1995

1994

$798 7.5%

$742 2.1%

$727 3.2%

$704 7.5%

$655 2.3%

$640 15.9%

$552 16.3%

$475 20.0%

$395 23.9%

$319 33.2%

$62 $18 $44 70.7%

$54 $18 $36 67.3%

$33 $17 $16 47.8%

$63 $17 $47 73.6%

$54 $17 $38 69.6%

$54 $16 $39 70.9%

$53 $14 $40 73.9%

$44 $12 $32 72.4%

$39 $11 $28 72.7%

$29 $0 $29 100.0%

12.3%

13.5%

8.7%

19.3%

19.0%

22.8%

27.4%

29.4%

33.7%

35.1%

8.7%

9.1%

4.2%

14.2%

13.2%

16.2%

20.2%

21.3%

24.5%

35.1%

$82 10.3%

$73 9.8%

$57 7.8%

$93 13.2%

$82 12.4%

$87 13.6%

$87 15.8%

$73 15.4%

$64 16.3%

$47 14.6%

$34 35.5%

$30 35.5%

$21 38.8%

$38 37.2%

$33 37.6%

$33 38.0%

$31 36.7%

$25 36.0%

$22 35.8%

$16 35.5%

$28 3.5%

$28 3.7%

$42 5.8%

$35 5.0%

$34 5.3%

$33 5.1%

$24 4.4%

$21 4.4%

$15 3.7%

$14 4.3%

($20) 2.5%

($19) 2.6%

($22) 3.0%

($21) 2.9%

($18) 2.8%

($21) 3.2%

($14) 2.5%

($12) 2.4%

($8) 2.1%

($9) 2.8%

$98 105 56 $147 18.5%

$99 106 61 $143 19.3%

$91 104 41 $153 21.1%

$101 113 43 $170 24.2%

$99 106 44 $161 24.5%

$84 101 40 $146 22.8%

$80 84 35 $129 23.4%

$75 85 35 $125 26.3%

$69 101 37 $133 33.7%

$59 78 35 $103 32.2%

1993 1992 1991 1990 1989 12/31/1993 12/31/1992 12/31/1991 12/31/1990 12/31/1989 12 Months 12 Months 12 Months 12 Months 12 Months Restated Restated Restated Restated Restated 12/31/1997 12/31/1997 12/31/1997 12/31/1997 12/31/1997 ----------Complete Complete Complete Complete Complete -----239.700 215.780 166.720 160.610 148.870 ---------------239.700 215.780 166.720 160.610 148.870 ---------------239.700 215.780 166.720 160.610 148.870 142.800 127.470 98.880 94.890 88.290 -----142.800 127.470 98.880 94.890 88.290 96.900 88.310 67.850 65.710 60.580 52.950 49.330 34.050 29.930 27.390 ----------52.950 49.330 34.050 29.930 27.390 0 0 0 0 0 ----------1.890 1.420 0.530 0.490 0.490 1.890 1.420 0.530 0.490 0.490 -------------------------------------------------------------------------------------------

----197.640 42.060 (9.170) -(9.170) ----(9.170) ----0.730 0.730 33.620 11.190 22.440 ---22.440 0.000 2.890 0.000 -2.890 25.330 ------22.440 25.330 63.890 0.350 0.400 0.000 25.330 65.200 0.340 0.390 0.000 -----

----178.210 37.560 (9.810) -(9.810) ----(9.810) ----0.600 0.600 28.360 9.760 18.590 ---18.590 1.520 1.550 (4.960) -(1.890) 16.710 ------18.590 16.710 63.790 0.290 0.260 0.000 16.710 63.880 0.290 0.260 0.000 -----

----133.450 33.270 (10.400) -(10.400) ----(10.400) ----0.590 0.590 23.460 8.990 14.470 ---14.470 0.000 1.450 1.210 -2.660 17.130 ------14.470 17.130 57.080 0.250 0.300 0.000 17.130 57.080 0.250 0.300 0.000 -----

----125.310 35.300 (11.800) -(11.800) ----(11.800) ----0.450 0.450 23.950 9.220 14.730 ---14.730 0.000 0.980 2.150 -3.120 17.850 ------14.730 17.850 54.700 0.270 0.330 0.000 17.850 54.700 0.270 0.330 0.000 -----

----116.160 32.710 (13.990) -(13.990) ----(13.990) ----0.950 0.950 19.670 7.960 11.700 ---11.700 0.000 3.400 2.970 -6.380 18.080 (3.220) ----(3.220) 8.480 14.860 46.210 0.180 0.320 0.000 14.860 46.210 0.180 0.320 0.000 -----

---0.000 --------1.890 35.510 0.000 11.190 24.330 24.330 0.380 0.370 -----9.170 -8.460 -1.890 3.440 ------------------------

---0.000 --------1.420 29.780 0.000 9.760 20.020 20.020 0.310 0.310 -----9.810 -7.350 -1.420 3.230 ------------------------

---0.000 --------0.530 23.990 0.000 8.990 15.000 15.000 0.260 0.260 -----10.400 -5.480 -0.530 2.160 ------------------------

---0.000 --------0.490 24.440 0.000 9.220 15.210 15.210 0.280 0.280 -----11.800 -4.730 -0.490 1.850 ------------------------

---0.000 --------0.490 20.160 0.000 7.960 12.190 8.970 0.190 0.190 -----13.990 -4.230 -0.490 1.980 ------------------------

--

--

--

--

--

1993 1992 1991 1990 1989 12/31/1993 12/31/1992 12/31/1991 12/31/1990 12/31/1989 Update Update Update Update Update 12/31/1993 12/31/1992 12/31/1991 12/31/1990 12/31/1989 ----------Complete Complete Complete Complete Complete ----------3.510 2.370 1.490 0.840 3.460 -----3.510 2.370 1.490 0.840 3.460 ----------43.320 39.250 29.890 31.220 27.110 ----------43.320 39.250 29.890 31.220 27.110 -------------------------60.970 63.810 42.390 42.990 44.050 1.060 1.200 0.700 0.650 0.580 -----6.600 10.080 0.000 0.000 0.000 -----0.000 0.000 0.000 0.000 0.000 6.600 10.080 0.000 0.000 0.000 115.470 116.720 74.460 75.700 75.200 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 ---------------0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 53.530 52.270 35.470 32.260 29.960 -------------------------84.770 78.010 27.810 19.980 20.820 ----------------

------5.200 5.200 258.970 21.410 -21.240 0.000 0 0.000 -------0.000 42.640 117.460 -117.460 117.460 -----15.180 -15.180 175.280 -0.000 0.000 -----0.190 -0.190 84.650 2.550 0.000 ----

------6.300 6.300 253.300 19.660 -20.380 0.000 0 0.000 -------0.000 40.040 139.830 -139.830 139.830 -----14.700 -14.700 194.570 -0.000 0.000 -----0.130 -0.130 84.240 (22.780) 0.000 ----

------5.400 5.400 143.140 14.170 -17.560 0.000 0 0.000 -------0.000 31.730 65.790 -65.790 65.790 -----8.510 -8.510 106.030 -0.000 0.000 -----0.130 -0.130 76.490 (39.480) (0.090) ----

------6.420 6.420 134.360 15.870 -14.880 0.000 0 0.000 -------0.000 30.740 103.860 -103.860 103.860 -----4.040 -4.040 138.640 -0.000 0.000 -----0.110 -0.110 51.710 (56.610) (0.090) ----

------7.700 7.700 133.690 14.830 -14.060 0.000 0 0.000 -------0.000 28.890 124.940 -124.940 124.940 -----3.140 -3.140 156.970 -0.000 0.000 -----0.110 -0.110 51.710 (74.460) 0.000 ----

(3.710) (2.860) 0.070 0.600 (0.640) ----------(3.710) (2.860) 0.070 0.600 (0.640) 83.690 58.730 37.110 (4.290) (23.280) 258.970 253.300 143.140 134.360 133.690 64.300 63.790 63.470 54.680 54.710 ---------------64.300 63.790 63.470 54.680 54.710 -------------------------------------------------------------------------------------1,828.000 1,864.000 1,418.000 1,367.000 1,391.000 -----4,300.000 4,200.000 3,900.000 3,700.000 3,600.000 -----------------------------------------------------------------------------------------------1993 1992 1991 1990 1989 12/31/1993 12/31/1992 12/31/1991 12/31/1990 12/31/1989 12 Months 12 Months 12 Months 12 Months 12 Months

Update Update Update Update Update 12/31/1993 12/31/1992 12/31/1991 12/31/1990 12/31/1989 ----------Complete Complete Complete Complete Complete -----25.330 16.710 17.130 17.850 18.080 8.460 7.350 5.480 4.730 4.230 8.460 7.350 5.480 4.730 4.230 2.800 2.350 1.270 0.840 0.970 -----2.800 2.350 1.270 0.840 0.970 4.710 0.000 0.000 0.000 0.000 0.000 (1.520) 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 4.960 0.000 0.000 0.000 ---------------0.640 0.880 0.890 1.000 1.010 0.640 4.320 0.890 1.000 1.010 (1.690) (1.070) 3.010 (4.110) 2.400 4.600 (3.250) 3.570 1.060 (2.240) ----------(0.150) 2.100 (3.480) 1.040 0.170 (0.670) (1.330) 1.300 0.820 0.620 --------------------0.250 0.700 1.730 2.040 (0.470) 2.330 (2.850) 6.120 0.850 0.470 44.270 27.870 30.890 25.280 24.760 (7.820) (8.230) (3.580) (6.810) (5.390) ----------(7.820) (8.230) (3.580) (6.810) (5.390) (12.310) (84.370) (13.390) 0.000 (3.400) 0.000 0.000 0.000 0.000 0.000 -----------------------------------(12.310) (84.370) (13.390) 0.000 (3.400) (20.130) (92.600) (16.970) (6.810) (8.790) (0.500) (2.630) (0.580) (0.080) (0.370) (0.500) (2.630) (0.580) (0.080) (0.370) 0.000 0.000 0.000 0.000 0.000 -----0.000 0.000 0.000 0.000 0.000

0.000 -0.000 -0.000 0.000 -----0.000 -----(22.500) -0.000 (22.500) (23.000) 0.000 1.140 --9.990 7.780 ---1993

38.2% 8.9% 10.8%

0.000 -0.000 -0.000 0.000 -----0.000 -----125.500 -(57.250) 68.250 65.620 0.000 0.880 --12.210 10.490 ----

24.800 -24.800 -0.000 0.000 -----24.800 -----(37.500) -0.000 (37.500) (13.280) 0.000 0.640 --12.420 8.450 ----

0.000 -0.000 -0.000 0.000 -----0.000 -----(21.000) -0.000 (21.000) (21.080) 0.000 (2.620) --14.640 4.740 ----

50.570 -50.570 -(45.960) (45.960) -----4.610 -----(18.000) -0.000 (18.000) (13.760) 0.000 2.220 --17.180 0.000 ----

1991

1990

1989

50.1% (337.3%) 13.0% 10.8% 19.0% 18.1%

1992

(63.3%) 11.0% 20.6%

$0.0 117.5 -83.7 $201.2

$0.0 139.8 -58.7 $198.6

$0.0 65.8 -37.1 $102.9

$0.0 103.9 -(4.3) $99.6

$0.0 124.9 -(23.3) $101.7

$1.19

$1.09

$1.62

$1.61

$1.46

$22 240 9.4%

$19 216 8.6%

$14 167 8.7%

$15 161 9.2%

$8 149 5.7%

$240 259

$216 253

$167 143

$161 134

$149 134

0.9x

0.9x

1.2x

1.2x

1.1x

8.7%

7.3%

10.1%

11.0%

6.3%

259 59 4.4x

253 37 6.8x

143 (4) (33.4x)

134 (23) (5.8x)

134 NA NA

50.1% (337.3%)

(63.3%)

NA

38.2%

$97 $53 $0 $11 $11 $22

$88 $49 $0 $10 $10 $20

$68 $34 $0 $7 $9 $18

$66 $30 $0 $6 $9 $21

$61 $27 $0 $5 $8 $20

$0 $117 $84 $201

$0 $140 $59 $199

$0 $66 $37 $103

$0 $104 ($4) $100

$0 $125 ($23) $102

10.8%

19.0%

18.1%

20.6%

NA

$44 ($8) $36

$28 ($8) $20

$31 ($4) $27

$25 ($7) $18

$25 ($5) $19

$22

$19

$14

$15

$8

162.4%

105.6%

125.4%

228.4%

188.7%

1993

1992

1991

1990

$240 11.1%

$216 29.4%

$167 3.8%

$161 7.9%

$149

1989

$22 $0 $22 100.0%

$19 $0 $19 100.0%

$14 $0 $14 100.0%

$15 $0 $15 100.0%

$8 $0 $8 100.0%

38.2%

50.1% (337.3%)

(63.3%)

0.0%

38.2%

50.1% (337.3%)

(63.3%)

0.0%

$33 13.6%

$29 13.6%

$27 16.2%

$30 18.8%

$28 18.8%

$11 33.3%

$10 34.4%

$9 38.3%

$9 38.5%

$8 40.5%

$11 4.7%

$10 4.5%

$7 4.0%

$6 3.5%

$5 3.5%

($8) 3.3%

($8) 3.8%

($4) 2.1%

($7) 4.2%

($5) 3.6%

$43 61 21 $83 34.6%

$39 64 20 $83 38.7%

$30 42 14 $58 34.9%

$31 43 16 $58 36.3%

$27 44 15 $56

All Financial Reports

IDEX Corp Income Statement - Interim Standardised in Millions of US Dollar Fiscal Period: Period End Date: Period Length: Update Type: Update Date: Source Source Date: Complete Statement: Net Sales Gross Revenue Sales Returns and Allowances Excise Tax Receipts Revenue Interest Income, Non-Bank Other Revenue Other Revenue, Total Total Revenue Cost of Revenue Excise Taxes Payments Cost of Revenue, Total Gross Profit Selling/General/Administrative Expense Labor & Related Expense Advertising Expense Selling/General/Admin. Expenses, Total Research & Development Depreciation Amortization of Intangibles Amortization of Acquisition Costs Depreciation/Amortization Interest Expense - Operating Interest Capitalized - Operating Interest Expense, Net - Operating Interest Income - Operating Investment Income - Operating Interest/Investment Income - Operating Interest Expense(Income) - Net Operating Interest Exp.(Inc.),Net-Operating, Total Purchased R&D Written-Off Restructuring Charge Litigation Impairment-Assets Held for Use Impairment-Assets Held for Sale Other Unusual Expense (Income) Unusual Expense (Income) Foreign Currency Adjustment Unrealized Losses (Gains) Minimum Pension Liability Adjustment Loss(Gain) on Sale of Assets - Operating

2009 Q1 2008 Q4 2008 Q3 3/31/2009 12/31/2008 9/30/2008 3 Months 3 Months 3 Months Update Update Update 3/31/2009 12/31/2008 9/30/2008 10-Q 10-K 10-Q 5/8/2009 3/2/2009 11/10/2008 Complete Complete Complete 326.610 355.310 365.190 ---------326.610 355.310 365.190 ---------326.610 355.310 365.190 203.420 216.170 218.800 ---203.420 216.170 218.800 123.190 139.140 146.400 81.780 85.310 81.610 ------81.780 85.310 81.610 ------------------------------------------2.250 12.720 5.280 ----0.000 30.090 ------2.250 12.720 35.370 -------------

2008 Q2 6/30/2008 3 Months Update 6/30/2008 10-Q 8/7/2008 Complete 397.310 ---397.310 ---397.310 234.100 -234.100 163.210 89.400 --89.400 -------------------------

2008 Q1 3/31/2008 3 Months Restated 3/31/2009 10-Q 5/8/2009 Complete 371.660 ---371.660 ---371.660 219.180 -219.180 152.480 87.070 --87.070 --------------0.000 ----0.000 -----

Other Operating Expense Other, Net Other Operating Expenses, Total Total Operating Expense Operating Income Interest Expense - Non-Operating Interest Capitalized - Non-Operating Interest Expense, Net Non-Operating Interest Income - Non-Operating Investment Income - Non-Operating Interest/Invest Income - Non-Operating Interest Income(Exp), Net Non-Operating Interest Inc.(Exp.),Net-Non-Op., Total Gain (Loss) on Sale of Assets Foreign Currency Adjustment Unrealized Gains (Losses) Minimum Pension Liability Adjustment Other Non-Operating Income (Expense) Other, Net Net Income Before Taxes Provision for Income Taxes Net Income After Taxes Minority Interest Equity In Affiliates U.S. GAAP Adjustment Net Income Before Extra. Items Accounting Change Discontinued Operations Extraordinary Item Tax on Extraordinary Items Total Extraordinary Items Net Income Preferred Dividends General Partners' Distributions Miscellaneous Earnings Adjustment Pro Forma Adjustment Interest Adjustment - Primary EPS Total Adjustments to Net Income Income Available to Com Excl ExtraOrd Income Available to Com Incl ExtraOrd Basic Weighted Average Shares Basic EPS Excluding Extraordinary Items Basic EPS Including Extraordinary Items Dilution Adjustment Diluted Net Income Diluted Weighted Average Shares Diluted EPS Excluding ExtraOrd Items Diluted EPS Including ExtraOrd Items DPS - Common Stock Primary Issue Dividends per Share - Com Stock Issue 2 Dividends per Share - Com Stock Issue 3 Dividends per Share - Com Stock Issue 4 Special DPS - Common Stock Primary Issue Special DPS - Common Stock Issue 2

---287.450 39.160 (4.820) -(4.820) ----(4.820) ----(0.190) (0.190) 34.150 11.540 22.610 ---22.610 -----22.610 ------22.610 22.610 79.510 0.280 0.280 -22.610 80.220 0.280 0.280 0.120 ------

---314.200 41.110 (5.230) -(5.230) ----(5.230) ----1.240 1.240 37.110 12.310 24.810 ---24.810 -0.000 --0.000 24.810 ------24.810 24.810 80.530 0.310 0.310 -24.810 81.290 0.310 0.310 0.120 ------

---335.780 29.420 (3.860) -(3.860) ----(3.860) ----2.720 2.720 28.280 9.200 19.080 ---19.080 -0.000 --0.000 19.080 ------19.080 19.080 81.570 0.230 0.230 -19.080 82.960 0.230 0.230 0.120 ------

---323.500 73.810 (4.090) -(4.090) ----(4.090) ----0.990 0.990 70.700 24.650 46.050 ---46.050 -0.000 --0.000 46.050 ------46.050 46.050 81.320 0.570 0.570 -46.050 82.750 0.560 0.560 0.120 ------

---306.250 65.410 (5.670) -(5.670) ----(5.670) ----0.180 0.180 59.920 20.320 39.600 ---39.600 -----39.600 ------39.600 39.600 81.070 0.490 0.490 -39.600 82.290 0.480 0.480 0.120 ------

Special DPS - Common Stock Issue 3 Special DPS - Common Stock Issue 4 Gross Dividends - Common Stock (Gain) Loss on Sale of Assets, Suppl. Impairment-Assets Held for Sale, Suppl. Impairment-Assets Held for Use, Suppl. Litigation Charge, Supplemental Purchased R&D Written-Off, Supplemental Restructuring Charge, Supplemental Other Unusual Expense(Income), Suppl. Non-Recurring Items, Supplemental, Total Total Special Items Normalized Income Before Taxes Effect of Special Items on Income Taxes Inc Tax Ex Impact of Sp Items Normalized Income After Taxes Normalized Inc. Avail to Com. Basic Normalized EPS Diluted Normalized EPS Pro Forma Stock Compensation Expense Net Income after Stock Based Comp. Exp. Basic EPS after Stock Based Comp. Exp. Diluted EPS after Stock Based Comp. Exp. Stock-Based Compensation, Supplemental Interest Expense, Supplemental Interest Capitalized, Supplemental Depreciation, Supplemental Funds From Operations - REIT Amort of Acquisition Costs, Supplemental Amort of Intangibles, Supplemental Rental Expense, Supplemental EPS, Supplemental Advertising Expense, Supplemental Equity in Affiliates, Supplemental Minority Interest, Supplemental Research & Development Exp, Supplemental Audit Fees Audit-Related Fees Tax Fees All Other Fees Reported Recurring Revenue Reported Net Premiums Written Reported Total Revenue Reported Operating Revenue Reported Total Cost of Revenue Reported Total Sales, General & Admin. Reported Gross Profit Reported Operating Profit Reported Operating Profit Margin Reported Ordinary Profit Reported Net Income After Tax Reported Basic EPS Reported Diluted EPS Reported Net Business Profits

-----------2.250 36.400 0.760 12.310 24.100 24.100 0.300 0.300 ----5.550 4.820 -7.590 --6.000 ----------------123.190 39.160 -------

-----------12.720 49.830 4.220 16.530 33.310 33.310 0.410 0.410 ----2.590 5.230 -7.520 --5.990 ----------------139.140 --------

-----------35.370 63.650 11.510 20.720 42.930 42.930 0.530 0.520 ----4.210 3.860 -7.030 --3.850 ----------------146.400 29.420 -------

------------70.700 -24.650 46.050 46.050 0.570 0.560 ----5.300 4.090 -8.350 --3.820 ----------------163.210 73.810 -------

-----------0.000 59.920 0.000 20.320 39.600 39.600 0.490 0.480 ----2.920 5.670 -8.090 --3.960 ----------------152.480 65.410 -------

Balance Sheet (Differentiates) Interim - Standardised in Millions of US Dollar Fiscal Period: Period End Date: Update Type: Update Date: Source Source Date: Complete Statement: Cash Cash & Equivalents Short Term Investments Cash and Short Term Investments Accounts Receivable - Trade, Gross Provision for Doubtful Accounts Accounts Receivable - Trade, Net Notes Receivable - Short Term Receivables - Other Total Receivables, Net Inventories - Finished Goods Inventories - Work In Progress Inventories - Raw Materials Inventories - Other LIFO Reserve Total Inventory Prepaid Expenses Restricted Cash - Current Deferred Income Tax - Current Asset Discountinued Operations - Current Asset Other Current Assets Other Current Assets, Total Total Current Assets Buildings - Gross Land/Improvements - Gross Machinery/Equipment - Gross Construction in Progress - Gross Leases - Gross Natural Resources - Gross Other Property/Plant/Equipment - Gross Property/Plant/Equipment, Total - Gross Accumulated Depreciation, Total Property/Plant/Equipment, Total - Net Goodwill - Gross Accumulated Goodwill Amortization Goodwill, Net Intangibles - Gross Accumulated Intangible Amortization Intangibles, Net LT Investment - Affiliate Companies LT Investments - Other Long Term Investments Note Receivable - Long Term Deferred Charges

2009 Q1 2008 Q4 2008 Q3 3/31/2009 12/31/2008 9/30/2008 Update Restated Update 3/31/2009 3/31/2009 9/30/2008 10-Q 10-Q 10-Q 5/8/2009 5/8/2009 11/10/2008 Complete Complete Complete ---63.100 61.350 233.980 ---63.100 61.350 233.980 211.690 210.870 215.470 (5.960) (5.600) (5.280) 205.730 205.270 210.190 ------205.730 205.270 210.190 --64.170 --22.740 --103.610 ------176.810 181.200 190.510 -----0.000 ------31.870 32.870 22.840 31.870 32.870 22.840 477.500 480.690 657.520 ---------------------------179.900 186.280 172.090 ------1,152.020 1,167.060 1,046.370 --261.890 --(30.230) 292.950 303.230 231.660 ----------------

2008 Q2 6/30/2008 Update 6/30/2008 10-Q 8/7/2008 Complete -118.540 -118.540 245.860 (5.830) 240.030 --240.030 66.780 25.760 105.160 --197.700 -0.000 --26.640 26.640 582.910 ---------178.320 --1,094.790 263.820 (26.850) 236.970 ------

2008 Q1 3/31/2008 Update 3/31/2008 10-Q 5/8/2008 Complete -99.820 -99.820 247.090 (5.560) 241.530 --241.530 70.910 28.070 101.940 --200.930 -0.000 --26.380 26.380 568.640 ---------179.760 --1,091.040 263.740 (22.960) 240.780 ------

Pension Benefits - Overfunded Defered Income Tax - Long Term Asset Discontinued Operations - LT Asset Restricted Cash - Long Term Other Long Term Assets Other Long Term Assets, Total Total Assets Accounts Payable Payable/Accrued Accrued Expenses Notes Payable/Short Term Debt Current Port. of LT Debt/Capital Leases Dividends Payable Customer Advances Security Deposits Income Taxes Payable Other Payables Deferred Income Tax - Current Liability Discontinued Operations - Curr Liability Other Current Liabilities Other Current liabilities, Total Total Current Liabilities Long Term Debt Capital Lease Obligations Total Long Term Debt Total Debt Deferred Income Tax - LT Liability Deferred Income Tax Minority Interest Reserves Pension Benefits - Underfunded Other Long Term Liabilities Discontinued Operations - Liabilities Other Liabilities, Total Total Liabilities Redeemable Preferred Stock Redeemable Convertible Preferred Stock Redeemable Preferred Stock, Total Preferred Stock - Non Redeemable Convertible Preferred Stock - Non Rdmbl Treasury Stock - Preferred General Partner Preferred Stock - Non Redeemable, Net Common Stock Limited Partner Common Stock, Total Additional Paid-In Capital Retained Earnings (Accumulated Deficit) Treasury Stock - Common ESOP Debt Guarantee Unrealized Gain (Loss) Translation Adjustment Other Equity Minimum Pension Liability Adjustment

--------------------8.900 14.540 12.550 12.080 5.730 8.900 14.540 12.550 12.080 5.730 2,111.260 2,151.800 2,120.190 2,105.060 2,085.960 84.970 87.300 88.650 101.820 101.370 -----87.340 104.840 90.470 88.560 78.490 0.000 0.000 0.000 0.000 0.000 1.790 5.860 6.000 13.600 5.960 0.000 9.520 9.790 9.770 0.000 2.180 2.600 5.480 4.480 5.500 -----8.300 8.280 9.100 12.120 19.590 -----0.850 1.470 1.260 1.260 1.260 ----------11.330 21.870 25.630 27.630 26.350 185.430 219.870 210.750 231.610 212.170 541.770 548.140 466.500 397.060 443.640 -----541.770 548.140 466.500 397.060 443.640 543.550 554.000 472.500 410.660 449.600 137.830 141.980 138.430 152.190 149.900 137.830 141.980 138.430 152.190 149.900 0 --------------93.030 97.020 48.540 50.060 51.770 -----93.030 97.020 48.540 50.060 51.770 958.050 1,007.020 864.210 830.930 857.480 ----------0 -----------------------------0.830 0.830 0.830 0.830 0.820 -----0.830 0.830 0.830 0.830 0.820 383.860 377.150 373.430 363.380 350.130 844.890 822.290 830.530 821.360 794.900 (55.600) (55.390) (5.390) (4.880) (4.880) --------------------------

Other Comprehensive Income Other Equity, Total Total Equity Total Liabilities & Shareholders' Equity Shares Outs - Common Stock Primary Issue Shares Outstanding - Common Issue 2 Shares Outstanding - Common Issue 3 Shares Outstanding - Common Issue 4 Total Common Shares Outstanding Treas Shares - Common Stock Prmry Issue Treasury Shares - Common Issue 2 Treasury Shares - Common Issue 3 Treasury Shares - Common Issue 4 Shares Outstanding - Preferred Issue 1 Shares Outstanding - Preferred Issue 2 Shares Outstanding - Preferred Issue 3 Shares Outstanding - Preferred Issue 4 Shares Outstanding - Preferred Issue 5 Shares Outstanding - Preferred Issue 6 Total Preferred Shares Outstanding Treasury Shares - Preferred Issue 1 Treasury Shares - Preferred Issue 2 Treasury Shares - Preferred Issue 3 Treasury Shares - Preferred Issue 4 Treasury Shares - Preferred Issue 5 Treasury Shares - Preferred Issue 6 Full-Time Employees Part-Time Employees Number of Common Shareholders Accumulated Goodwill Amortization Suppl. Accumulated Intangible Amort, Suppl. Deferred Revenue - Current Deferred Revenue - Long Term Total Risk-Weighted Capital Tier 1 Capital % Total Capital % Trading Account Credit Exposure Non-Performing Loans Assets under Management Reported Total Assets Reported Total Liabilities Shareholders' Equity Excl. Stock Subscr. Reported Shareholder's Equity Reported Net Assets Reported Net Assets to Total Assets Reported Return on Assets Reported Return on Equity

(20.780) (0.090) 56.590 93.450 87.510 (20.780) (0.090) 56.590 93.450 87.510 1,153.210 1,144.780 1,255.980 1,274.140 1,228.480 2,111.260 2,151.800 2,120.190 2,105.060 2,085.960 80.610 80.300 82.650 82.530 81.590 ---------------80.610 80.300 82.650 82.530 81.590 2.520 2.480 0.180 0.170 0.170 ------------------------------------------------------------------------------------------------------30.230 26.850 22.960 2.180 2.600 5.480 4.480 5.500 ---------------------------------------------------------------------------------

Cash Flow (Indirect) - Interim - Standardised in Millions of US Dollar [+] Add Item Fiscal Period: Period End Date: Period Length: Update Type: Update Date:

2009 Q1 2008 Q4 3/31/2009 12/31/2008 3 Months 12 Months Update Update 3/31/2009 12/31/2008

2008 Q3 9/30/2008 9 Months Update 9/30/2008

2008 Q2 2008 Q1 6/30/2008 3/31/2008 6 Months 3 Months Update Reclassified 6/30/2008 3/31/2009

Source Source Date: Complete Statement: Net Income/Starting Line Depreciation Depreciation/Depletion Amortization of Intangibles Amortization of Acquisition Costs Amortization Deferred Taxes Accounting Change Discontinued Operations Extraordinary Item Unusual Items Purchased R&D Equity in Net Earnings (Loss) Other Non-Cash Items Non-Cash Items Accounts Receivable Inventories Prepaid Expenses Other Assets Accounts Payable Accrued Expenses Payable/Accrued Taxes Payable Other Liabilities Other Assets & Liabilities, Net Other Operating Cash Flow Changes in Working Capital Cash from Operating Activities Purchase of Fixed Assets Purchase/Acquisition of Intangibles Software Development Costs Capital Expenditures Acquisition of Business Sale of Business Sale of Fixed Assets Sale/Maturity of Investment Investment, Net Purchase of Investments Sale of Intangible Assets Intangible, Net Other Investing Cash Flow Other Investing Cash Flow Items, Total Cash from Investing Activities Other Financing Cash Flow Financing Cash Flow Items Cash Dividends Paid - Common Cash Dividends Paid - Preferred Total Cash Dividends Paid Sale/Issuance of Common Repurchase/Retirement of Common Common Stock, Net

10-Q 5/8/2009 Complete 22.610 7.590 7.590 6.000 -6.000 6.330 ------4.980 4.980 (5.030) 0.210 --(0.720) (18.020) ---(6.300) -(29.860) 17.640 (4.850) --(4.850) 0.000 -1.610 -----0.250 1.860 (2.990) 0.440 0.440 (9.520) -(9.520) -0 --

10-K 10-Q 3/2/2009 11/10/2008 Complete Complete 131.360 106.510 30.990 23.470 30.990 23.470 17.610 11.620 --17.610 11.620 (8.200) (8.150) --0.000 0.000 --30.090 30.090 ----12.170 9.730 42.260 39.820 19.670 4.820 (9.660) (7.370) ----(6.390) (1.920) 0.600 1.290 ------5.890 (3.380) --10.110 (6.550) 224.130 166.720 (27.840) (19.100) ----(27.840) (19.100) (392.830) (156.180) --0.000 0.000 ----------140.010 140.010 (252.820) (16.180) (280.660) (35.280) 1.150 3.630 1.150 3.630 (39.400) (29.500) --(39.400) (29.500) --(50.000) 0 (50.000) --

10-Q 8/7/2008 Complete 87.430 16.440 16.440 7.780 -7.780 3.110 -0.000 ----6.010 6.010 (15.030) (9.600) --6.010 (3.480) ---(4.860) -(26.960) 93.810 (13.200) --(13.200) (156.210) -------140.010 (16.210) (29.410) 2.990 2.990 (19.610) -(19.610) -0 --

10-Q 5/8/2009 Complete 39.600 8.090 8.090 3.960 -3.960 3.000 ------2.890 2.890 (18.580) (9.830) --9.070 (4.150) ---(3.490) -(26.980) 30.550 (6.280) --(6.280) (155.580) -0.000 -----140.010 (15.580) (21.850) (0.310) (0.310) (9.790) -(9.790) -0 --

Sale/Issuance of Preferred Repurchase/Retirement of Preferred Preferred Stock, Net Sale/Issuance of Common/Preferred Repurch./Retirement of Common/Preferred Options Exercised Warrants Converted Treasury Stock Issuance (Retirement) of Stock, Net Short Term Debt Issued Short Term Debt Reduction Short Term Debt, Net Long Term Debt Issued Long Term Debt Reduction Long Term Debt, Net Total Debt Issued Total Debt Reduction Issuance (Retirement) of Debt, Net Cash from Financing Activities Foreign Exchange Effects Net Change in Cash Net Cash - Beginning Balance Net Cash - Ending Balance Cash Interest Paid Cash Taxes Paid Reported Cash from Operating Activities Reported Cash from Investing Activities Reported Cash from Financing Activities

ROE ROA ROIC

Short-term Debt Long-Term Debt Preferred Stock Equity Common Stock Equity Invested Capital $ Revenue / $ Invested Capital LTM EBITDA

-----1.120 --1.120 ---32.310 (37.270) (4.960) --(4.960) (12.930) 0.030 1.740 61.350 63.100 5.120 8.140 ----

-----10.420 --(39.580) ---663.710 (563.210) 100.500 --100.500 22.680 (7.560) (41.400) 102.760 61.350 20.140 72.070 ----

-----9.410 --9.410 0.000 -0.000 446.930 (429.280) 17.650 --17.650 1.190 (1.410) 131.220 102.760 233.980 15.280 58.620 ----

-----7.900 --7.900 ---272.240 (317.020) (44.780) --(44.780) (53.500) 4.880 15.780 102.760 118.540 11.500 38.400 ----

-----0.530 --0.530 ---166.410 (172.300) (5.890) --(5.890) (15.460) 3.820 (2.940) 102.760 99.820 9.170 5.280 ----

2009 Q1

2008 Q4

2008 Q3

2008 Q2

2008 Q1

9.2% 5.4% 7.5%

11.1% 6.5% 8.8%

12.8% 8.1% 10.3%

15.3% 9.3% 9.8%

15.4% 9.1% 9.8%

$1.8 541.8 -1,153.2 $1,696.8

$5.9 548.1 -1,144.8 $1,698.8

$6.0 466.5 -1,256.0 $1,728.5

$13.6 397.1 -1,274.1 $1,684.8

$6.0 443.6 -1,228.5 $1,678.1

$0.85

$0.88

$0.86

$0.86

$0.83

$233.8

DuPont ROE Analysis Net Income Revenue Profit Margin

$113 1,444 7.8%

$130 1,489 8.7%

$143 1,480 9.7%

$163 1,450 11.2%

$159 1,397 11.4%

Revenue Total Assets Asset Utilization

$1,444 2,111 0.7x

$1,489 2,152 0.7x

$1,480 2,120 0.7x

$1,450 2,105 0.7x

$1,397 2,086 0.7x

Return on Assets

5.3%

6.0%

6.7%

7.7%

7.6%

2,111 1,228 1.7x

2,152 1,163 1.9x

2,120 1,118 1.9x

2,105 1,067 2.0x

2,086 1,029 2.0x

Return on Equity

9.2%

11.1%

12.8%

15.3%

15.4%

Gross Profit SG&A R&D D&A Taxes NOPAT

$572 $338 $0 $50 $58 $126

$601 $343 $0 $49 $66 $143

$606 $340 $0 $45 $74 $147

$597 $333 $0 $44 $84 $136

$581 $322 $0 $41 $81 $137

$2 $542 $1,153 $1,697

$6 $548 $1,145 $1,699

$6 $467 $1,256 $1,728

$14 $397 $1,274 $1,685

$6 $444 $1,228 $1,678

ROIC

7.5%

8.8%

10.3%

9.8%

9.8%

OCF Capex FCF

$211 ($26) $185

$224 ($28) $196

$227 ($25) $202

$211 ($25) $187

$212 ($25) $187

Net Income

$113

$130

$143

$163

$159

151.5%

141.0%

114.6%

117.9%

Total Assets Beginning Common Equity Leverage

ST debt LT debt Equity Invested Capital

FCF Conversion (FCF/NI)

164.2%

2007 Q4 12/31/2007 3 Months Update 12/31/2007 10-K 2/29/2008 Complete 346.000 ---346.000 ---346.000 202.410 -202.410 143.590 82.070 --82.070 ----------------0.000 --0.000 -----

2007 Q3 9/30/2007 3 Months Update 9/30/2007 10-Q 11/8/2007 Complete 334.880 ---334.880 ---334.880 197.220 -197.220 137.670 74.520 --74.520 --------------0.000 ----0.000 -----

2007 Q2 6/30/2007 3 Months Update 6/30/2007 10-Q 8/7/2007 Complete 344.480 ---344.480 ---344.480 196.950 -196.950 147.530 78.670 --78.670 -------------------------

2007 Q1 2006 Q4 3/31/2007 12/31/2006 3 Months 3 Months Update Update 3/31/2007 12/31/2006 10-Q 10-K 5/7/2007 3/1/2007 Complete Complete 333.270 302.130 ------333.270 302.130 ------333.270 302.130 193.600 176.540 --193.600 176.540 139.660 125.590 78.110 66.560 ----78.110 66.560 -------------------------------------------------

2006 Q3 9/30/2006 3 Months Update 9/30/2006 10-Q 11/8/2006 Complete 289.850 ---289.850 ---289.850 171.080 -171.080 118.770 64.350 --64.350 -------------------------

2006 Q2 6/30/2006 3 Months Restated 9/30/2006 10-Q 11/8/2006 Complete 296.570 ---296.570 ---296.570 173.650 -173.650 122.920 66.940 --66.940 -------------------------

2006 Q1 2005 Q4 3/31/2006 12/31/2005 3 Months 3 Months Restated Restated 3/31/2007 12/31/2006 10-Q 10-K 5/7/2007 3/1/2007 Complete Complete 266.390 252.870 ------266.390 252.870 ------266.390 252.870 156.260 149.340 --156.260 149.340 110.130 103.530 62.360 56.760 ----62.360 56.760 -------------------------------------------------

---284.480 61.520 (5.380) -(5.380) ----(5.380) ----1.900 1.900 58.040 19.660 38.380 ---38.380 -0.060 --0.060 38.440 ------38.380 38.440 80.970 0.470 0.470 -38.440 82.310 0.470 0.470 0.120 ------

---271.740 63.150 (5.540) -(5.540) ----(5.540) ----0.440 0.440 58.050 19.230 38.820 ---38.820 -(0.410) --(0.410) 38.410 ------38.820 38.410 80.830 0.480 0.480 0.000 38.410 82.310 0.470 0.470 0.120 ------

---275.620 68.870 (6.060) -(6.060) ----(6.060) ----0.520 0.520 63.330 21.490 41.840 ---41.840 -(0.210) --(0.210) 41.630 ------41.840 41.630 80.600 0.520 0.520 0.000 41.630 82.050 0.510 0.510 0.120 ------

---271.720 61.550 (6.380) -(6.380) ----(6.380) ----0.570 0.570 55.750 18.920 36.830 ---36.830 -(0.160) --(0.160) 36.670 ------36.830 36.670 80.260 0.460 0.460 0.000 36.670 81.680 0.450 0.450 0.120 ------

---243.100 59.030 (5.990) -(5.990) ----(5.990) ----0.270 0.270 53.320 17.130 36.190 ---36.190 -(0.550) --(0.550) 35.640 ------36.190 35.640 79.940 0.450 0.450 0.000 35.640 81.280 0.450 0.440 0.100 ------

---235.440 54.410 (3.370) -(3.370) ----(3.370) ----0.500 0.500 51.550 18.220 33.330 ---33.330 -12.660 --12.660 46.000 ------33.330 46.000 79.690 0.420 0.580 0.000 46.000 80.960 0.410 0.570 0.100 ------

---240.590 55.980 (4.060) -(4.060) ----(4.060) ----0.260 0.260 52.180 17.560 34.620 ---34.620 -0.340 --0.340 34.960 ------34.620 34.960 79.520 0.440 0.440 0.000 34.960 81.040 0.430 0.430 0.100 ------

---218.610 47.780 (2.940) -(2.940) ----(2.940) ----0.010 0.010 44.850 15.270 29.580 ---29.580 -0.500 --0.500 30.080 ------29.580 30.080 78.960 0.370 0.380 0.000 30.080 80.790 0.370 0.370 0.100 ------

---206.100 46.770 (3.180) -(3.180) ----(3.180) ----0.080 0.080 43.670 15.340 28.330 ---28.330 -0.380 --0.380 28.710 ------28.330 28.710 78.460 0.360 0.370 0.000 28.710 80.240 0.350 0.360 0.080 ------

-----------0.000 58.040 0.000 19.660 38.380 38.380 0.470 0.470 -----5.380 -7.080 --2.650 ----------------(424.860) (193.570) -------

-----------0.000 58.050 0.000 19.230 38.820 38.820 0.480 0.470 -----5.540 -7.160 --2.670 ----------------137.670 63.150 -------

------------63.330 -21.490 41.840 41.840 0.520 0.510 ----5.180 6.060 -6.950 --2.390 ----------------147.530 68.870 -------

------------55.750 -18.920 36.830 36.830 0.460 0.450 ----1.540 6.380 -7.130 --2.010 ----------------139.660 61.550 -------

------------53.320 -17.130 36.190 36.190 0.450 0.450 -----5.990 -7.320 --1.950 -------------------------

------------51.550 -18.220 33.330 33.330 0.420 0.410 1.420 26.570 0.340 0.330 -3.370 -5.680 --0.910 -------------------------

------------52.180 -17.560 34.620 34.620 0.440 0.430 3.510 48.750 0.640 0.630 -4.060 -6.800 --1.000 -------------------------

------------44.850 -15.270 29.580 29.580 0.370 0.370 -----2.940 -6.030 --0.270 ----------------110.130 47.780 -------

--6.340 ---------43.670 -15.340 28.330 28.330 0.360 0.350 -----3.180 -6.940 --0.160 -------------------------

2007 Q4 12/31/2007 Update 12/31/2007 10-K 2/29/2008 Complete -102.760 -102.760 192.310 (5.750) 186.570 -6.760 193.330 66.610 22.670 88.160 --177.440 -140.010 --23.620 163.620 637.140 ---------173.000 --977.020 210.490 (18.720) 191.770 ------

2007 Q3 9/30/2007 Update 9/30/2007 10-Q 11/8/2007 Complete -74.990 -74.990 198.250 (4.790) 193.460 --193.460 65.070 23.210 90.340 --178.620 ----19.210 19.210 466.280 ---------170.790 --950.500 200.920 (15.940) 184.980 ------

2007 Q2 6/30/2007 Update 6/30/2007 10-Q 8/7/2007 Complete -52.030 -52.030 203.540 (4.220) 199.320 --199.320 91.440 19.940 62.670 --174.050 ----20.870 20.870 446.270 ---------169.510 --937.620 204.180 (13.420) 190.750 ------

2007 Q1 2006 Q4 3/31/2007 12/31/2006 Update Update 3/31/2007 12/31/2006 10-Q 10-K 5/7/2007 3/1/2007 Complete Complete --77.500 77.940 --77.500 77.940 200.590 170.030 (4.250) (3.550) 196.340 166.490 ----196.340 166.490 87.750 80.910 18.170 16.420 63.740 63.360 ----169.670 160.690 ---0.000 ----22.660 12.800 22.660 12.800 466.160 417.910 ------------------167.280 165.950 ----927.500 912.600 192.500 180.760 (11.730) (9.390) 180.780 171.360 -----------

2006 Q3 9/30/2006 Update 9/30/2006 10-Q 11/8/2006 Complete -78.530 -78.530 161.840 (3.990) 157.850 --157.850 72.330 16.020 52.490 --140.840 ----16.930 16.930 394.140 ---------154.390 --772.590 62.230 (7.300) 54.930 ------

2006 Q2 6/30/2006 Update 6/30/2006 10-Q 8/9/2006 Complete -51.050 -51.050 158.960 (4.370) 154.590 --154.590 69.380 15.760 53.070 --138.200 ----24.300 24.300 368.140 ---------154.680 --778.740 --54.640 ------

2006 Q1 2005 Q4 3/31/2006 12/31/2005 Update Reclassified 3/31/2006 9/30/2006 10-Q 10-Q 5/1/2006 11/8/2006 Complete Complete --71.110 77.200 --71.110 77.200 158.500 133.110 (4.180) (3.680) 154.330 129.430 ----154.330 129.430 67.840 59.470 14.170 12.750 54.730 51.070 ----136.740 123.280 --------19.600 21.060 19.600 21.060 381.780 350.970 ------------------148.510 142.490 ----709.260 691.400 -33.630 -(5.020) 37.340 28.620 -----------

------------------------------------10.670 4.730 4.950 2.530 3.000 29.800 30.310 30.580 30.710 10.670 4.730 4.950 2.530 3.000 29.800 30.310 30.580 30.710 1,989.590 1,777.280 1,749.110 1,744.240 1,670.820 1,405.850 1,386.510 1,307.460 1,244.180 84.210 86.770 90.990 87.330 75.440 73.940 78.850 81.000 66.860 ---------86.690 89.380 89.350 91.790 95.170 84.220 91.460 74.230 72.180 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 5.830 154.580 158.240 158.490 8.210 7.280 7.770 6.980 3.140 9.790 9.780 9.760 0.000 8.060 8.010 8.000 0.000 6.320 1.980 -----------------7.300 -----------------3.160 -----------------0.000 0.000 0.130 0.230 0.370 0.500 3.470 -4.790 22.230 9.780 9.890 0.230 8.430 8.510 11.460 0.000 11.110 198.950 340.500 348.470 337.840 187.250 173.950 189.540 162.210 153.300 448.900 149.450 170.400 217.900 353.770 160.170 191.000 159.980 156.900 ---------448.900 149.450 170.400 217.900 353.770 160.170 191.000 159.980 156.900 454.730 304.030 328.640 376.390 361.980 167.450 198.770 166.960 160.040 124.470 115.230 112.710 109.290 100.320 72.520 --64.650 124.470 115.230 112.710 109.290 100.320 72.520 --64.650 ---------------------------54.550 54.280 50.670 50.440 50.210 44.800 93.230 116.070 46.330 ---------54.550 54.280 50.670 50.440 50.210 44.800 93.230 116.070 46.330 826.870 659.450 682.250 715.470 691.550 451.430 473.770 438.250 421.170 ------------------------------------------------------------------------0.820 0.820 0.820 0.540 0.540 0.540 0.540 0.530 0.530 ---------0.820 0.820 0.820 0.540 0.540 0.540 0.540 0.530 0.530 346.450 343.960 350.040 336.580 326.970 319.720 316.410 302.210 290.430 753.520 724.860 696.210 674.040 638.580 611.020 573.060 554.110 524.040 (4.440) (4.240) (3.770) (3.750) (3.250) (3.250) (2.870) (2.870) (2.360) ---------------------57.610 52.300 42.280 42.320 29.320 25.160 ------------(25.720) (26.310) (5.880) (5.880) (5.880) (5.880)

66.380 52.440 23.570 (10.530) (9.550) (10.010) (10.830) (8.220) (8.900) 66.380 52.440 23.570 21.360 16.440 26.380 25.610 15.220 10.380 1,162.720 1,117.830 1,066.860 1,028.770 979.270 954.420 912.750 869.210 823.010 1,989.590 1,777.280 1,749.110 1,744.240 1,670.820 1,405.850 1,386.510 1,307.460 1,244.180 81.580 81.620 81.320 80.890 80.550 80.220 80.140 79.670 79.190 ---------------------------81.580 81.620 81.320 80.890 80.550 80.220 80.140 79.670 79.190 0.160 0.150 0.140 0.140 0.120 0.120 0.110 0.110 0.090 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------18.720 15.940 13.420 11.730 9.390 7.300 --5.020 1.980 --------------------------------------------------------------------------------------------------------------------------------------------------------2007 Q4 12/31/2007 12 Months Update 12/31/2007

2007 Q3 9/30/2007 9 Months Update 9/30/2007

2007 Q2 6/30/2007 6 Months Update 6/30/2007

2007 Q1 2006 Q4 3/31/2007 12/31/2006 3 Months 12 Months Update Update 3/31/2007 12/31/2006

2006 Q3 2006 Q2 2006 Q1 2005 Q4 9/30/2006 6/30/2006 3/31/2006 12/31/2005 9 Months 6 Months 3 Months 12 Months Update Reclassified Reclassified Reclassified 9/30/2006 6/30/2007 3/31/2007 12/31/2006

10-K 2/29/2008 Complete 155.150 28.320 28.320 9.720 -9.720 2.450 -(0.150) -(0.370) --7.640 7.120 (8.710) (3.500) --0.810 4.140 ---1.750 -(5.510) 197.240 (24.500) --(24.500) (86.210) -0.290 -----(138.180) (224.100) (248.600) 5.350 5.350 (37.270) -(37.270) -0.000 0.000

10-Q 11/8/2007 Complete 116.710 21.240 21.240 7.070 -7.070 3.180 -(0.150) -(0.320) --5.320 4.860 (11.110) (6.730) --5.310 (6.650) ---3.470 -(15.730) 137.330 (18.760) --(18.760) (55.980) -0.290 -----0.330 (55.360) (74.130) 4.670 4.670 (27.510) -(27.510) ----

10-Q 8/7/2007 Complete 78.300 14.080 14.080 4.400 -4.400 2.810 -0.370 -0.000 --3.300 3.670 (20.200) (4.340) --9.560 (6.880) ---(1.820) -(23.690) 79.570 (12.830) --(12.830) (56.710) -------(0.560) (57.270) (70.100) 5.420 5.420 (17.760) -(17.760) ----

10-Q 5/7/2007 Complete 36.670 7.130 7.130 2.010 -2.010 (1.760) -(0.170) ----0.780 0.610 (21.970) (4.100) --8.250 (5.950) ---(5.550) -(29.310) 15.340 (5.420) --(5.420) (24.920) -------0.000 (24.920) (30.340) 3.050 3.050 (8.060) -(8.060) ----

10-K 3/1/2007 Complete 146.670 25.830 25.830 4.130 -4.130 1.310 -(0.400) -(14.090) --5.360 (9.120) (14.420) (7.200) --(0.720) 15.840 ---(2.290) -(8.800) 160.020 (21.200) --(21.200) (359.840) -3.760 -----29.110 (326.980) (348.180) 4.430 4.430 (30.390) -(30.390) ----

10-Q 11/8/2006 Complete 111.030 18.510 18.510 2.180 -2.180 3.170 -(0.530) -(13.780) --3.880 (10.420) (18.180) (3.600) --3.910 5.360 ---(2.400) -(14.910) 109.550 (15.990) --(15.990) (120.210) -1.850 -----29.970 (88.390) (104.370) 4.330 4.330 (22.360) -(22.360) ----

10-Q 8/7/2007 Complete 65.030 12.830 12.830 1.270 -1.270 (20.260) -(0.580) -(0.810) --1.270 (0.110) (13.050) (0.800) --7.130 20.170 ---(3.190) -10.250 69.000 (9.700) --(9.700) (120.190) -1.050 -----(1.120) (120.260) (129.960) 4.130 4.130 (14.330) -(14.330) ----

10-Q 5/7/2007 Complete 30.080 6.030 6.030 0.270 -0.270 5.480 -(0.500) ----(0.010) (0.510) (16.380) (3.680) --6.720 1.740 ---(5.700) -(17.290) 24.040 (4.020) --(4.020) (27.260) --------(27.260) (31.270) 2.410 2.410 (6.320) -(6.320) ----

10-K 3/1/2007 Complete 109.800 25.550 25.550 0.710 -0.710 4.320 -0.750 -0.000 --3.520 4.270 (18.220) (3.340) --0.040 21.630 ---0.150 -0.250 144.890 (22.530) --(22.530) (1.190) -0.090 -----(0.460) (1.570) (24.100) (1.890) (1.890) (24.690) -(24.690) ----

-----14.000 --14.000 ---256.080 (166.420) 89.660 --89.660 71.740 4.440 24.810 77.940 102.760 22.970 78.050 ----

-----12.250 --12.250 24.180 0.000 24.180 37.970 (122.840) (84.870) --(60.690) (71.280) 5.130 (2.950) 77.940 74.990 20.250 59.760 ----

-----9.540 --9.540 ---45.940 (81.300) (35.360) --(35.360) (38.170) 2.780 (25.920) 77.940 52.030 12.250 40.360 ----

-----4.270 --4.270 ---12.890 0.000 12.520 --12.520 11.790 2.770 (0.440) 77.940 77.500 8.840 12.920 ----

-----17.210 --17.210 ---530.690 (337.170) 193.520 --193.520 184.770 4.040 0.650 77.290 77.940 15.610 61.900 ----

-----14.280 --14.280 44.000 (44.000) 0.000 0.000 0.000 (0.750) --(0.750) (4.510) 0.560 1.240 77.290 78.530 12.600 47.440 ----

-----13.340 --13.340 44.000 -44.000 35.810 (48.700) (12.890) --31.110 34.250 0.480 (26.230) 77.290 51.060 6.460 31.420 ----

-----6.160 --6.160 ---0.000 -(0.600) --(0.600) 1.660 (0.610) (6.180) 77.290 71.110 5.410 5.800 ----

-----37.500 --37.500 0.000 -0.000 10.000 (71.780) (61.780) --(61.780) (50.850) 0.080 70.020 7.270 77.290 13.950 35.920 ----

2007 Q4

2007 Q3

2007 Q2

2007 Q1

2006 Q4

2006 Q3

2006 Q2

2006 Q1

2005 Q4

15.9% 9.3% 10.3%

16.1% 10.9% 12.3%

16.2% 10.7% 12.0%

16.2% 10.8% 12.2%

16.2% 10.7% 12.1%

15.9% 10.4% 11.7%

16.2% 10.1% 11.5%

18.9% 11.6% 13.7%

18.5% 11.1% 13.1%

$5.8 448.9 -1,162.7 $1,617.5

$154.6 149.5 -1,117.8 $1,421.9

$158.2 170.4 -1,066.9 $1,395.5

$158.5 217.9 -1,028.8 $1,405.2

$8.2 353.8 -979.3 $1,341.3

$7.3 160.2 -954.4 $1,121.9

$7.8 191.0 -912.8 $1,111.5

$7.0 160.0 -869.2 $1,036.2

$3.1 156.9 -823.0 $983.1

$0.84

$0.92

$0.91

$0.87

$0.86

$0.99

$0.96

$1.23

$1.28

$156 1,359 11.5%

$154 1,315 11.7%

$148 1,270 11.7%

$141 1,222 11.5%

$134 1,155 11.6%

$126 1,106 11.4%

$121 1,065 11.3%

$138 1,278 10.8%

$132 1,256 10.5%

$1,359 1,990 0.7x

$1,315 1,777 0.7x

$1,270 1,749 0.7x

$1,222 1,744 0.7x

$1,155 1,671 0.7x

$1,106 1,406 0.8x

$1,065 1,387 0.8x

$1,278 1,307 1.0x

$1,256 1,244 1.0x

7.8%

8.6%

8.5%

8.1%

8.0%

9.0%

8.7%

10.6%

10.6%

1,990 979 2.0x

1,777 954 1.9x

1,749 913 1.9x

1,744 869 2.0x

1,671 823 2.0x

1,406 791 1.8x

1,387 745 1.9x

1,307 730 1.8x

1,244 714 1.7x

15.9%

16.1%

16.2%

16.2%

16.2%

15.9%

16.2%

18.9%

18.5%

$568 $313 $0 $38 $79 $138

$550 $298 $0 $38 $77 $138

$532 $288 $0 $34 $76 $134

$507 $276 $0 $33 $72 $126

$477 $260 $0 $30 $68 $119

$455 $250 $0 $27 $66 $112

$438 $241 $0 $27 $63 $107

$524 $295 $0 $25 $74 $129

$514 $293 $0 $26 $72 $123

$6 $449 $1,163 $1,617

$155 $149 $1,118 $1,422

$158 $170 $1,067 $1,396

$158 $218 $1,029 $1,405

$8 $354 $979 $1,341

$7 $160 $954 $1,122

$8 $191 $913 $1,112

$7 $160 $869 $1,036

$3 $157 $823 $983

10.3%

12.3%

12.0%

12.2%

12.1%

11.7%

11.5%

13.7%

13.1%

$197 ($25) $173

$188 ($24) $164

$171 ($24) $146

$151 ($23) $129

$160 ($21) $139

$154 ($22) $132

$161 ($21) $140

$153 ($21) $132

$145 ($23) $122

$156

$154

$148

$141

$134

$126

$121

$138

$132

110.8%

106.6%

98.7%

91.3%

103.8%

105.2%

116.3%

95.4%

92.8%

2005 Q3 9/30/2005 3 Months Restated 9/30/2006 10-Q 11/8/2006 Complete 249.580 ---249.580 ---249.580 148.270 -148.270 101.300 55.430 --55.430 -------------------------

2005 Q2 6/30/2005 6 Months Restated 9/30/2006 10-Q 11/8/2006 Complete 508.810 ---508.810 ---508.810 299.680 -299.680 209.140 120.740 --120.740 -------------------------

2005 Q1 2004 Q4 3/31/2005 12/31/2004 3 Months 3 Months Restated Update 6/30/2006 12/31/2004 10-Q 10-K 8/9/2006 2/28/2005 Complete Complete 245.140 242.550 ------245.140 242.550 ------245.140 242.550 145.320 146.400 --145.320 146.400 99.820 96.150 59.730 57.830 ----59.730 57.830 -----------------------------0.000 ---------0.000 ---------

2004 Q3 9/30/2004 3 Months Update 9/30/2004 10-Q 11/3/2004 Complete 237.560 ---237.560 ---237.560 142.570 -142.570 94.990 55.030 --55.030 --------------0.000 ----0.000 -----

2004 Q2 6/30/2004 3 Months Update 6/30/2004 10-Q 8/4/2004 Complete 233.590 ---233.590 ---233.590 139.670 -139.670 93.920 54.110 --54.110 --------------0.000 ----0.000 -----

---203.710 45.870 (3.530) -(3.530) ----(3.530) ----0.130 0.130 42.470 14.480 27.990 ---27.990 -0.520 --0.520 28.520 ------27.990 28.520 77.430 0.360 0.370 0.000 28.520 79.610 0.350 0.360 0.080 ------

---420.420 88.390 (7.660) -(7.660) ----(7.660) ----0.350 0.350 81.080 28.820 52.260 ---52.260 -0.320 --0.320 52.580 ------52.260 52.580 75.830 0.690 0.690 0.000 52.580 77.900 0.670 0.670 0.160 ------

---205.040 40.100 (3.880) -(3.880) ----(3.880) ----0.090 0.090 36.310 13.070 23.240 ---23.240 -0.400 --0.400 23.650 ------23.240 23.650 76.020 0.310 0.310 0.000 23.650 78.490 0.300 0.300 0.080 ------

---204.230 38.320 (3.850) -(3.850) ----(3.850) ----(0.140) (0.140) 34.340 11.670 22.660 ---22.660 -----22.660 ------22.660 22.660 75.690 0.300 0.300 0.000 22.660 78.150 0.290 0.290 0.080 ------

---197.600 39.960 (3.860) -(3.860) ----(3.860) ----(0.380) (0.380) 35.720 12.500 23.220 ---23.220 -----23.220 ------23.220 23.220 75.440 0.310 0.310 0.000 23.220 78.600 0.300 0.300 0.080 ------

---193.780 39.810 (3.620) -(3.620) ----(3.620) ----(0.240) (0.240) 35.960 13.130 22.830 ---22.830 -----22.830 ------22.830 22.830 75.090 0.300 0.300 0.000 22.830 78.060 0.290 0.290 0.080 ------

--6.300 ---------42.470 -14.480 27.990 27.990 0.360 0.350 -----3.530 -6.110 --0.180 -------------------------

--12.260 ---------81.080 -28.820 52.260 52.260 0.690 0.670 -----7.660 -13.370 --0.370 -------------------------

--6.110 ---------36.310 -13.070 23.240 23.240 0.310 0.300 1.930 21.310 0.290 0.280 -3.880 -6.570 --0.180 -------------------------

--6.100 --------0.000 34.340 0.000 11.670 22.660 22.660 0.300 0.290 1.410 21.250 0.290 0.270 -3.850 -6.750 --0.180 -------------------------

--6.070 --------0.000 35.720 0.000 12.500 23.220 23.220 0.310 0.300 1.390 21.830 0.290 0.280 -3.860 -7.180 --0.170 -------------------------

--6.050 --------0.000 35.960 0.000 13.130 22.830 22.830 0.300 0.290 1.360 21.470 0.290 0.270 -3.620 -7.090 --0.150 -------------------------

2005 Q3 9/30/2005 Update 9/30/2005 10-Q 11/9/2005 Complete -33.660 -33.660 146.260 (4.580) 141.680 --141.680 62.000 14.440 52.950 --129.390 ----8.910 8.910 313.640 ---------146.720 --694.080 --28.790 ------

2005 Q2 6/30/2005 Update 6/30/2005 10-Q 8/8/2005 Complete -8.790 -8.790 --144.100 --144.100 61.450 14.180 51.040 --126.670 ----11.410 11.410 290.960 ---------148.320 --695.130 --28.950 ------

2005 Q1 2004 Q4 3/31/2005 12/31/2004 Update Update 3/31/2005 12/31/2004 10-Q 10-K 5/6/2005 2/28/2005 Complete Complete --8.190 7.270 --8.190 7.270 -123.830 -(4.260) 132.170 119.570 ----132.170 119.570 60.640 59.970 15.020 14.180 50.220 52.820 ----125.880 126.980 --------12.920 7.420 12.920 7.420 279.170 261.240 ------------------152.180 155.600 ----704.670 713.620 ----29.390 29.550 -----------

2004 Q3 9/30/2004 Update 9/30/2004 10-Q 11/3/2004 Complete -6.360 -6.360 --126.780 --126.780 58.560 14.610 51.520 --124.690 ----7.150 7.150 264.980 ---------151.900 --700.040 --29.250 ------

2004 Q2 6/30/2004 Update 6/30/2004 10-Q 8/4/2004 Complete -5.990 -5.990 --124.650 --124.650 52.030 19.340 48.330 --119.700 ----11.850 11.850 262.190 ---------153.560 --692.250 --29.240 ------

------------------------28.470 28.670 29.070 26.290 16.230 16.570 28.470 28.670 29.070 26.290 16.230 16.570 1,211.700 1,192.020 1,194.480 1,186.290 1,162.390 1,153.800 76.810 80.920 72.930 71.410 71.450 77.580 ------74.450 69.380 68.280 70.750 71.910 58.920 0.000 0.000 0.000 0.000 0.000 0.000 0 0 0 0.000 0 0 6.270 6.150 6.140 6.110 6.070 6.060 ------------------------------------------6.270 6.150 6.140 6.110 6.070 6.060 157.530 156.450 147.340 148.260 149.430 142.560 160.780 190.070 217.830 225.320 264.250 286.150 ------160.780 190.070 217.830 225.320 264.250 286.150 160.780 190.070 217.830 225.320 264.250 286.150 ------------------------------102.700 100.130 99.640 99.120 87.890 86.450 ------102.700 100.130 99.640 99.120 87.890 86.450 421.010 446.640 464.810 472.690 501.570 515.160 ------------------------------------------------0.520 0.510 0.510 0.510 0.510 0.500 ------0.520 0.510 0.510 0.510 0.510 0.500 274.710 250.740 243.700 234.350 224.690 219.710 501.670 479.450 456.670 439.140 422.580 405.430 (1.870) (1.870) (0.330) (4.210) (4.210) (4.210) ------------29.390 30.920 44.270 53.050 35.020 32.030 ------(4.640) (4.640) (4.640) (4.640) (12.480) (12.480)

(9.090) (9.730) (10.520) (4.590) (5.280) (2.340) 15.660 16.550 29.110 43.810 17.260 17.210 790.690 745.380 729.670 713.610 660.820 638.640 1,211.700 1,192.020 1,194.480 1,186.290 1,162.390 1,153.800 78.280 76.920 76.600 76.230 75.860 75.610 ------------------78.280 76.920 76.600 76.230 75.860 75.610 0.080 0.080 0.020 0.260 0.260 0.260 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------2005 Q3 2005 Q2 9/30/2005 6/30/2005 9 Months 6 Months Reclassified Reclassified 9/30/2006 6/30/2006

2005 Q1 2004 Q4 3/31/2005 12/31/2004 3 Months 12 Months Update Reclassified 3/31/2005 12/31/2006

2004 Q3 9/30/2004 9 Months Update 9/30/2004

2004 Q2 6/30/2004 6 Months Update 6/30/2004

10-Q 11/8/2006 Complete 81.090 19.480 19.480 0.550 -0.550 7.100 -(0.840) -0.000 --2.600 1.750 (23.510) (5.690) --5.220 14.910 ---(0.600) -(9.670) 100.300 (16.790) --(16.790) (0.430) -0.000 -----0.040 (0.380) (17.170) (2.980) (2.980) (18.400) -(18.400) ----

10-Q 8/9/2006 Complete 52.580 13.370 13.370 0.370 -0.370 (1.150) -0.730 -0.000 --1.820 2.550 (29.420) (3.480) --11.150 4.770 ---2.470 -(14.520) 53.200 (11.700) --(11.700) (0.430) -0.030 -----(0.170) (0.560) (12.260) (1.600) (1.600) (12.220) -(12.220) ----

10-Q 5/6/2005 Complete 23.650 6.960 6.960 0.180 -0.180 3.170 ------0.880 0.880 (13.320) (0.740) --1.720 (1.800) ---(4.440) -(18.570) 16.270 (5.710) --(5.710) (0.430) 0.030 -------(0.400) (6.110) (2.400) (2.400) (6.070) -(6.070) ----

10-K 3/1/2007 Complete 86.410 26.940 26.940 0.620 -0.620 10.780 -2.460 -0.000 --2.890 5.350 (5.340) (9.170) --11.230 16.100 ---0.140 -12.970 143.060 (20.840) --(20.840) (170.980) -0.000 -----0.320 (170.670) (191.500) (1.150) (1.150) (21.420) -(21.420) ----

10-Q 11/3/2004 Complete 63.750 21.250 21.250 0.460 -0.460 6.250 ------2.060 2.060 (18.220) (9.020) --13.590 14.090 ---(0.030) -0.410 94.180 (14.810) --(14.810) (171.220) -------0.350 (170.880) (185.680) (3.780) (3.780) (15.350) -(15.350) ----

10-Q 8/4/2004 Complete 40.530 14.070 14.070 0.290 -0.290 2.960 ------1.320 1.320 (17.190) (4.940) --15.980 1.920 ---(2.770) -(6.990) 52.170 (9.760) --(9.760) (161.470) -------0.390 (161.080) (170.840) (1.200) (1.200) (9.300) -(9.300) ----

-----25.580 --25.580 0.430 (60.460) (60.030) --(0.890) --(60.920) (56.730) 0.000 26.390 7.270 33.660 13.480 22.560 ----

-----8.670 --8.670 0.430 (34.050) (33.630) --(0.650) --(34.280) (39.420) -1.510 7.270 8.790 7.450 17.170 ----

-----4.000 --4.000 0.430 (5.170) (4.740) --(0.040) --(4.780) (9.240) 0.000 0.920 7.270 8.190 6.130 2.930 ----

-----22.850 --22.850 170.980 (124.950) 46.030 --1.670 --47.700 47.980 (0.820) (1.280) 8.550 7.270 14.020 23.620 ----

-----18.440 --18.440 171.220 (81.190) 90.030 --(0.040) --90.000 89.310 -(2.190) 8.550 6.360 12.950 19.290 ----

-----17.280 --17.280 161.470 (51.740) 109.730 --(0.410) --109.330 116.110 -(2.560) 8.550 5.990 6.660 16.380 ----

2005 Q3

2005 Q2

2005 Q1

2004 Q4

2004 Q3

2004 Q2

19.1% 10.9% 12.8%

19.0% 10.5% 12.3%

$0.0 160.8 -790.7 $951.5

$0.0 190.1 -745.4 $935.5

$0.0 217.8 -729.7 $947.5

$0.0 225.3 -713.6 $938.9

$0.0 264.3 -660.8 $925.1

$0.0 286.2 -638.6 $924.8

$1.31

$1.32

$126 1,246 10.1%

$121 1,234 9.8%

$1,246 1,212 1.0x

$1,234 1,192 1.0x

10.4%

10.2%

1,212 661 1.8x

1,192 639 1.9x

19.1%

19.0%

$506 $294 $0 $26 $68 $119

$500 $293 $0 $27 $66 $114

$0 $161 $791 $951

$0 $190 $745 $935

12.8%

12.3%

$149 ($23) $126

$144 ($23) $121

$126

$121

100.2%

99.9%

$0 $218 $730 $948

$0 $225 $714 $939

$0 $264 $661 $925

$0 $286 $639 $925

All Financial Reports

Itron Inc Income Statement - Annual Standardised in Millions of US Dollar Fiscal Period: 2008 2007 2006 2005 2004 2003 Period End Date: 12/31/2008 12/31/2007 12/31/2006 12/31/2005 12/31/2004 12/31/2003 Period Length: 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months Update Type: Update Update Update Update Update Reclassified Update Date: 12/31/2008 12/31/2007 12/31/2006 12/31/2005 12/31/2004 12/31/2004 Source 10-K 10-K 10-K 10-K 10-K 10-K Source Date: 2/26/2009 2/26/2008 2/23/2007 2/24/2006 3/11/2005 3/11/2005 Complete Statement: Complete Complete Complete Complete Complete Complete Auditor Code: EY EY DT DT DT DT Net Sales 1,909.610 1,464.050 644.040 552.690 399.190 316.970 Gross Revenue ------Sales Returns and Allowances ------Excise Tax Receipts ------Revenue 1,909.610 1,464.050 644.040 552.690 399.190 316.970 Interest Income, Non-Bank ------Other Revenue ------Other Revenue, Total ------Total Revenue ### ### 644.040 552.690 399.190 316.970 Cost of Revenue 1,262.760 976.760 376.600 319.070 228.530 173.410 Excise Taxes Payments ------Cost of Revenue, Total 1,262.760 976.760 376.600 319.070 228.530 173.410 Gross Profit 646.860 487.290 267.440 233.620 170.670 143.550 Selling/General/Administrative Expense 295.970 225.910 115.800 101.070 80.770 67.130 Labor & Related Expense ------Advertising Expense ------Selling/General/Admin. Expenses, Total 295.970 225.910 115.800 101.070 80.770 67.130 Research & Development 120.700 94.930 58.770 47.080 44.380 41.510 Depreciation ------Amortization of Intangibles 120.360 84.000 31.130 38.850 27.900 9.620 Amortization of Acquisition Costs ------Depreciation/Amortization 120.360 84.000 31.130 38.850 27.900 9.620 Interest Expense - Operating ------Interest Capitalized - Operating ------Interest Expense, Net - Operating ------Interest Income - Operating ------Investment Income - Operating ------Interest/Investment Income - Operating ------Interest Expense(Income) - Net Operating ------Interest Exp.(Inc.),Net-Operating, Total ------Purchased R&D Written-Off 0.000 35.980 0.000 0.000 6.400 0.900 Restructuring Charge --0.000 0.390 7.260 2.210 Litigation ---0.000 0.000 0.500 Impairment-Assets Held for Use ------Impairment-Assets Held for Sale ------Other Unusual Expense (Income) ------Unusual Expense (Income) 0.000 35.980 0.000 0.390 13.660 3.610 Foreign Currency Adjustment ------Unrealized Losses (Gains) ------Minimum Pension Liability Adjustment -------

Loss(Gain) on Sale of Assets - Operating Other Operating Expense Other, Net Other Operating Expenses, Total Total Operating Expense Operating Income Interest Expense - Non-Operating Interest Capitalized - Non-Operating Interest Expense, Net Non-Operating Interest Income - Non-Operating Investment Income - Non-Operating Interest/Invest Income - Non-Operating Interest Income(Exp), Net Non-Operating Interest Inc.(Exp.),Net-Non-Op., Total Gain (Loss) on Sale of Assets Foreign Currency Adjustment Unrealized Gains (Losses) Minimum Pension Liability Adjustment Other Non-Operating Income (Expense) Other, Net Net Income Before Taxes Provision for Income Taxes Net Income After Taxes Minority Interest Equity In Affiliates U.S. GAAP Adjustment Net Income Before Extra. Items Accounting Change Discontinued Operations Extraordinary Item Tax on Extraordinary Items Total Extraordinary Items Net Income Preferred Dividends General Partners' Distributions Miscellaneous Earnings Adjustment Pro Forma Adjustment Interest Adjustment - Primary EPS Total Adjustments to Net Income Income Available to Com Excl ExtraOrd Income Available to Com Incl ExtraOrd Basic Weighted Average Shares Basic EPS Excluding Extraordinary Items Basic EPS Including Extraordinary Items Dilution Adjustment Diluted Net Income Diluted Weighted Average Shares Diluted EPS Excluding ExtraOrd Items Diluted EPS Including ExtraOrd Items DPS - Common Stock Primary Issue Dividends per Share - Com Stock Issue 2 Dividends per Share - Com Stock Issue 3 Dividends per Share - Com Stock Issue 4 Special DPS - Common Stock Primary Issue

----### 109.820 (80.740) -(80.740) 5.970 -5.970 -(74.770) ----(2.980) (2.980) 32.070 4.010 28.060 ---28.060 -----28.060 ------28.060 28.060 33.100 0.850 0.850 -28.060 34.950 0.800 0.800 0.000 -----

----### 46.470 (89.970) -(89.970) 10.480 -10.480 -(79.490) ----0.440 0.440 (32.580) (16.440) (16.140) ---(16.140) -----(16.140) ------(16.140) (16.140) 29.580 (0.550) (0.550) 0.000 (16.140) 29.580 (0.550) (0.550) 0.000 -----

----582.300 61.740 (17.790) -(17.790) 9.500 -9.500 -(8.290) ----(1.220) (1.220) 52.240 18.480 33.760 ---33.760 -----33.760 ------33.760 33.760 25.410 1.330 1.330 -33.760 26.280 1.280 1.280 0.000 -----

----506.450 46.240 (18.940) -(18.940) 0.300 -0.300 -(18.640) ----(0.070) (0.070) 27.530 (5.530) 33.060 ---33.060 -----33.060 ------33.060 33.060 23.390 1.410 1.410 -33.060 24.780 1.330 1.330 0.000 -----

----395.230 3.960 (13.150) -(13.150) 0.170 0.000 0.170 -(12.980) ----(0.390) (0.390) (9.410) (4.150) (5.260) ---(5.260) -----(5.260) ------(5.260) (5.260) 20.920 (0.250) (0.250) 0.000 (5.260) 20.920 (0.250) (0.250) 0.000 -----

----295.270 21.690 (2.640) -(2.640) 0.160 0.080 0.240 -(2.400) ----(1.400) (1.400) 17.900 7.420 10.480 ---10.480 -----10.480 ------10.480 10.480 20.410 0.510 0.510 0.000 10.480 21.740 0.480 0.480 0.000 -----

Special DPS - Common Stock Issue 2 Special DPS - Common Stock Issue 3 Special DPS - Common Stock Issue 4 Gross Dividends - Common Stock (Gain) Loss on Sale of Assets, Suppl. Impairment-Assets Held for Sale, Suppl. Impairment-Assets Held for Use, Suppl. Litigation Charge, Supplemental Purchased R&D Written-Off, Supplemental Restructuring Charge, Supplemental Other Unusual Expense(Income), Suppl. Non-Recurring Items, Supplemental, Total Total Special Items Normalized Income Before Taxes Effect of Special Items on Income Taxes Inc Tax Ex Impact of Sp Items Normalized Income After Taxes Normalized Inc. Avail to Com. Basic Normalized EPS Diluted Normalized EPS Pro Forma Stock Compensation Expense Net Income after Stock Based Comp. Exp. Basic EPS after Stock Based Comp. Exp. Diluted EPS after Stock Based Comp. Exp. Stock-Based Compensation, Supplemental Interest Expense, Supplemental Interest Capitalized, Supplemental Depreciation, Supplemental Funds From Operations - REIT Amort of Acquisition Costs, Supplemental Amort of Intangibles, Supplemental Rental Expense, Supplemental EPS, Supplemental Advertising Expense, Supplemental Equity in Affiliates, Supplemental Minority Interest, Supplemental Research & Development Exp, Supplemental Audit Fees Audit-Related Fees Tax Fees All Other Fees Reported Recurring Revenue Reported Net Premiums Written Reported Total Revenue Reported Operating Revenue Reported Total Cost of Revenue Reported Total Sales, General & Admin. Reported Gross Profit Reported Operating Profit Reported Operating Profit Margin Reported Ordinary Profit Reported Net Income After Tax Reported Basic EPS Reported Diluted EPS

---0.000 --------0.000 32.070 0.000 4.010 28.060 28.060 0.850 0.800 ----16.580 80.740 -53.300 --120.360 15.600 -3.700 --120.700 6.620 0.120 0.100 0.000 --------------

---0.000 --------35.980 3.400 0.000 (16.440) 19.830 19.830 0.670 0.670 ----11.660 89.970 -42.400 --84.000 12.400 -2.700 --94.930 4.800 0.120 0.210 0.000 --------------

---0.000 --------0.000 52.240 0.000 18.480 33.760 33.760 1.330 1.280 ----9.690 17.790 -15.100 --31.130 7.000 -1.200 --58.770 1.980 1.350 0.460 0.000 --------------

---0.000 --------0.390 27.920 0.140 (5.400) 33.320 33.320 1.420 1.340 5.400 27.660 1.180 1.120 -18.940 -12.800 --38.850 7.600 -1.500 --47.080 1.790 0.100 0.230 0.000 --------------

---0.000 --------13.660 4.250 2.540 (1.610) 5.860 5.860 0.280 0.280 5.260 (10.520) (0.500) (0.500) -13.150 -11.200 --27.900 8.100 -1.800 --44.380 1.690 0.160 0.360 0.090 --------------

---0.000 --------3.610 21.510 1.120 8.540 12.960 12.960 0.640 0.600 4.130 6.350 0.310 0.300 -2.640 -9.400 --9.620 8.000 -1.300 --41.510 0.760 1.340 0.740 0.190 --------------

Reported Net Business Profits

--

--

--

--

--

--

Balance Sheet (Differentiates) Annual - Standardised in Millions of US Dollar Fiscal Period: 2008 2007 2006 2005 2004 2003 Period End Date: 12/31/2008 12/31/2007 12/31/2006 12/31/2005 12/31/2004 12/31/2003 Update Type: Update Update Reclassified Update Update Update Update Date: 12/31/2008 12/31/2007 12/31/2007 12/31/2005 12/31/2004 12/31/2003 Source 10-K 10-K 10-K 10-K 10-K 10-K/A Source Date: 2/26/2009 2/26/2008 2/26/2008 2/24/2006 3/11/2005 2/7/2005 Complete Statement: Complete Complete Complete Complete Complete Complete Auditor Code: EY EY EY DT DT DT Cash ------Cash & Equivalents 144.390 91.990 361.410 33.640 11.620 6.240 Short Term Investments -0.000 34.580 0.000 --Cash and Short Term Investments 144.390 91.990 395.990 33.640 11.620 6.240 Accounts Receivable - Trade, Gross 312.550 330.820 100.750 96.700 85.290 63.470 Provision for Doubtful Accounts (5.950) (6.390) (0.590) (0.600) (1.310) (0.700) Accounts Receivable - Trade, Net 306.590 324.430 100.160 96.110 83.980 62.770 Notes Receivable - Short Term ------Receivables - Other 14.690 14.590 9.760 8.320 6.120 8.010 Total Receivables, Net 321.280 339.020 109.920 104.430 90.100 70.780 Inventories - Finished Goods 64.500 70.740 16.430 16.240 17.900 11.010 Inventories - Work In Progress 14.560 16.860 5.220 5.830 5.150 0.780 Inventories - Raw Materials 85.150 81.640 30.840 25.740 20.570 4.080 Inventories - Other ---1.640 1.830 0.170 LIFO Reserve ------Total Inventory 164.210 169.240 52.500 49.460 45.460 16.040 Prepaid Expenses ------Restricted Cash - Current ------Deferred Income Tax - Current Asset 31.810 10.730 20.920 23.190 22.730 11.670 Discountinued Operations - Current Asset ------Other Current Assets 56.030 42.460 17.120 10.940 5.480 4.560 Other Current Assets, Total 87.840 53.190 38.040 34.140 28.210 16.230 Total Current Assets 717.720 653.440 596.450 221.660 175.390 109.290 Buildings - Gross ------Land/Improvements - Gross 36.130 41.750 2.480 4.220 3.460 1.740 Machinery/Equipment - Gross 414.580 399.360 161.610 144.140 125.150 101.620 Construction in Progress - Gross ------Leases - Gross ------Natural Resources - Gross ------Other Property/Plant/Equipment - Gross ------Property/Plant/Equipment, Total - Gross 450.710 441.110 164.090 148.360 128.610 103.350 Accumulated Depreciation, Total (142.990) (118.110) (75.400) (70.740) (68.920) (60.530) Property/Plant/Equipment, Total - Net 307.720 323.000 88.690 77.620 59.690 42.820 Goodwill - Gross ------Accumulated Goodwill Amortization ------Goodwill, Net 1,285.850 1,266.130 126.270 116.030 117.470 90.390 Intangibles - Gross 796.240 895.980 231.870 211.330 211.330 45.170 Accumulated Intangible Amortization (314.350) (200.080) (119.190) (88.040) (49.190) (22.190) Intangibles, Net 481.890 695.900 112.680 123.290 162.140 22.980 LT Investment - Affiliate Companies ------LT Investments - Other ------Long Term Investments -------

Note Receivable - Long Term Deferred Charges Pension Benefits - Overfunded Defered Income Tax - Long Term Asset Discontinued Operations - LT Asset Restricted Cash - Long Term Other Long Term Assets Other Long Term Assets, Total Total Assets Accounts Payable Payable/Accrued Accrued Expenses Notes Payable/Short Term Debt Current Port. of LT Debt/Capital Leases Dividends Payable Customer Advances Security Deposits Income Taxes Payable Other Payables Deferred Income Tax - Current Liability Discontinued Operations - Curr Liability Other Current Liabilities Other Current liabilities, Total Total Current Liabilities Long Term Debt Capital Lease Obligations Total Long Term Debt Total Debt Deferred Income Tax - LT Liability Deferred Income Tax Minority Interest Reserves Pension Benefits - Underfunded Other Long Term Liabilities Discontinued Operations - Liabilities Other Liabilities, Total Total Liabilities Redeemable Preferred Stock Redeemable Convertible Preferred Stock Redeemable Preferred Stock, Total Preferred Stock - Non Redeemable Convertible Preferred Stock - Non Rdmbl Treasury Stock - Preferred General Partner Preferred Stock - Non Redeemable, Net Common Stock Limited Partner Common Stock, Total Additional Paid-In Capital Retained Earnings (Accumulated Deficit) Treasury Stock - Common ESOP Debt Guarantee Unrealized Gain (Loss) Translation Adjustment

------45.780 75.240 ----32.260 36.850 78.040 112.090 ### ### 200.730 199.000 --23.380 21.280 0.000 0.000 10.770 11.980 --24.330 20.910 --18.600 17.490 78.340 70.490 1.930 5.440 --66.370 57.280 189.550 171.600 424.420 403.860 1,179.250 1,578.560 --### ### ### ### 102.720 173.500 102.720 173.500 ----55.810 60.620 73.620 75.220 --129.430 135.850 ### ### ------0.000 0.000 ------0.000 0.000 951.010 609.900 --951.010 609.900 --50.290 22.230 ---------

---47.400 --17.040 64.440 988.520 35.800 -8.000 0.000 0.000 -27.450 -1.720 24.210 0.000 -6.400 59.780 103.580 469.320 -469.320 469.320 0.000 0.000 --0.000 24.630 -24.630 597.540 ---0.000 ---0.000 351.020 -351.020 -38.380 -----

---48.960 --11.320 60.280 598.880 -46.220 8.500 0.000 4.380 -22.760 --23.730 ---46.490 105.580 162.550 -162.550 166.930 -----13.220 -13.220 281.350 ---0.000 ---0.000 312.050 -312.050 -4.620 -----

---27.250 --15.210 42.460 557.150 -37.440 7.240 0.000 35.650 -22.990 --13.950 ---36.940 117.270 242.590 -242.590 278.240 -----12.870 -12.870 372.720 ---0.000 ---0.000 211.920 -211.920 -(28.440) -----

---31.760 --6.260 38.020 303.490 -26.240 13.940 10.000 38.250 -12.000 --10.710 ---22.720 111.140 4.020 -4.020 52.270 -----11.090 -11.090 126.250 --------200.570 -200.570 -(23.190) -----

Other Equity Minimum Pension Liability Adjustment Other Comprehensive Income Other Equity, Total Total Equity Total Liabilities & Shareholders' Equity Shares Outs - Common Stock Primary Issue Shares Outstanding - Common Issue 2 Shares Outstanding - Common Issue 3 Shares Outstanding - Common Issue 4 Total Common Shares Outstanding Treas Shares - Common Stock Prmry Issue Treasury Shares - Common Issue 2 Treasury Shares - Common Issue 3 Treasury Shares - Common Issue 4 Shares Outstanding - Preferred Issue 1 Shares Outstanding - Preferred Issue 2 Shares Outstanding - Preferred Issue 3 Shares Outstanding - Preferred Issue 4 Shares Outstanding - Preferred Issue 5 Shares Outstanding - Preferred Issue 6 Total Preferred Shares Outstanding Treasury Shares - Preferred Issue 1 Treasury Shares - Preferred Issue 2 Treasury Shares - Preferred Issue 3 Treasury Shares - Preferred Issue 4 Treasury Shares - Preferred Issue 5 Treasury Shares - Preferred Issue 6 Full-Time Employees Part-Time Employees Number of Common Shareholders Accumulated Goodwill Amortization Suppl. Accumulated Intangible Amort, Suppl. Deferred Revenue - Current Deferred Revenue - Long Term Total Risk-Weighted Capital Tier 1 Capital % Total Capital % Trading Account Credit Exposure Non-Performing Loans Assets under Management Reported Total Assets Reported Total Liabilities Shareholders' Equity Excl. Stock Subscr. Reported Shareholder's Equity Reported Net Assets Reported Net Assets to Total Assets Reported Return on Assets Reported Return on Equity

------------34.090 126.670 1.590 0.870 0.950 (0.140) 34.090 126.670 1.590 0.870 0.950 (0.140) ### 758.800 390.980 317.530 184.430 177.240 ### ### 988.520 598.880 557.150 303.490 34.490 30.640 25.680 24.870 21.330 20.570 ------------------34.490 30.640 25.680 24.870 21.330 20.570 0.000 -----------------------------------------------------------------------------------------------------8,700.000 8,400.000 2,400.000 2,000.000 2,100.000 1,500.000 ------315.000 324.000 351.000 372.000 442.000 480.000 ------314.350 200.080 119.190 88.040 49.190 22.190 24.330 20.910 27.450 22.760 22.990 12.000 -------------------------------------------------------------------------------### ### ----------------

Cash Flow (Indirect) - Annual - Standardised in Millions of US Dollar [+] Add Item Fiscal Period: 2008 2007 2006 2005 2004 2003 Period End Date: 12/31/2008 12/31/2007 12/31/2006 12/31/2005 12/31/2004 12/31/2003 Period Length: 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months

Update Type: Update Update Update Update Update Update Update Date: 12/31/2008 12/31/2007 12/31/2006 12/31/2005 12/31/2004 12/31/2003 Source 10-K 10-K 10-K 10-K 10-K 10-K/A Source Date: 2/26/2009 2/26/2008 2/23/2007 2/24/2006 3/11/2005 2/7/2005 Complete Statement: Complete Complete Complete Complete Complete Complete Auditor Code: EY EY DT DT DT DT Net Income/Starting Line 28.060 (16.140) 33.760 33.060 (5.260) 10.480 Depreciation 173.670 126.440 46.230 51.570 38.790 19.040 Depreciation/Depletion 173.670 126.440 46.230 51.570 38.790 19.040 Amortization of Intangibles ------Amortization of Acquisition Costs ------Amortization 0 0 0 0 0 0 Deferred Taxes (38.070) (36.370) 1.620 (22.020) (6.590) 5.320 Accounting Change ------Discontinued Operations ------Extraordinary Item ------Unusual Items ---0.000 1.110 2.240 Purchased R&D 0.000 35.980 0.000 0.000 6.400 0.900 Equity in Net Earnings (Loss) -----(0.080) Other Non-Cash Items 23.270 26.120 18.870 22.710 5.090 2.210 Non-Cash Items 23.270 62.090 18.870 22.710 12.590 5.270 Accounts Receivable 19.860 (40.720) (3.280) (14.180) 15.280 (11.790) Inventories 4.910 19.420 (1.600) (4.000) (3.600) (0.380) Prepaid Expenses ------Other Assets 0 0 0 0 0 -Accounts Payable ------Accrued Expenses ------Payable/Accrued (6.550) 10.030 (8.280) 4.430 (5.410) 3.320 Taxes Payable ------Other Liabilities 9.400 4.620 6.310 13.240 8.760 (20.610) Other Assets & Liabilities, Net (21.420) 3.960 1.130 (5.200) (1.510) (0.390) Other Operating Cash Flow ------Changes in Working Capital 6.220 (2.690) (5.720) (5.710) 13.520 (29.850) Cash from Operating Activities 193.150 133.330 94.770 79.620 53.060 10.260 Purchase of Fixed Assets (63.430) (40.600) (31.740) (31.970) (12.790) (9.630) Purchase/Acquisition of Intangibles ------Software Development Costs ------Capital Expenditures (63.430) (40.600) (31.740) (31.970) (12.790) (9.630) Acquisition of Business (6.900) (1,716.250) (21.120) 0.000 (253.050) (71.050) Sale of Business ------Sale of Fixed Assets ---2.630 0.020 0.020 Sale/Maturity of Investment 0.000 35.000 170.430 0.000 0.000 0.000 Investment, Net ------Purchase of Investments 0.000 0.000 (205.000) 0.000 0.000 0.000 Sale of Intangible Assets ------Intangible, Net ------Other Investing Cash Flow 3.250 7.440 1.920 (1.220) (1.280) (4.510) Other Investing Cash Flow Items, Total (3.650) (1,673.810) (53.760) 1.400 (254.310) (75.550) Cash from Investing Activities (67.080) ### (85.500) (30.570) (267.100) (85.180) Other Financing Cash Flow 0.500 (20.180) 0.950 (0.360) (13.760) (1.920) Financing Cash Flow Items 0.500 (20.180) 0.950 (0.360) (13.760) (1.920) Cash Dividends Paid - Common ------Cash Dividends Paid - Preferred ------Total Cash Dividends Paid 0 0 0 0 0 0

Sale/Issuance of Common Repurchase/Retirement of Common Common Stock, Net Sale/Issuance of Preferred Repurchase/Retirement of Preferred Preferred Stock, Net Sale/Issuance of Common/Preferred Repurch./Retirement of Common/Preferred Options Exercised Warrants Converted Treasury Stock Issuance (Retirement) of Stock, Net Short Term Debt Issued Short Term Debt Reduction Short Term Debt, Net Long Term Debt Issued Long Term Debt Reduction Long Term Debt, Net Total Debt Issued Total Debt Reduction Issuance (Retirement) of Debt, Net Cash from Financing Activities Foreign Exchange Effects Net Change in Cash Net Cash - Beginning Balance Net Cash - Ending Balance Cash Interest Paid Cash Taxes Paid Reported Cash from Operating Activities Reported Cash from Investing Activities Reported Cash from Financing Activities

ROE ROA ROIC

Short-term Debt Long-Term Debt Preferred Stock Equity Common Stock Equity Invested Capital $ Revenue / $ Invested Capital

324.490 0 324.490 --------324.490 ---0.000 (388.370) (388.370) --(388.370) (63.380) (10.290) 52.400 91.990 144.390 72.300 26.380 ----

247.620 0 247.620 --------247.620 ---1,159.020 (76.100) 1,082.920 --1,082.920 ### 1.310 (269.420) 361.410 91.990 76.320 21.710 ----

15.250 0 15.250 --------15.250 --0.000 345.000 (42.700) 302.300 --302.300 318.490 0.000 327.770 33.640 361.410 5.230 3.430 ----

84.730 0 84.730 --------84.730 --0.000 14.800 (126.200) (111.400) --(111.400) (27.030) -22.010 11.620 33.640 14.310 1.280 ----

8.340 0 8.340 --------8.340 --(10.000) 309.080 (74.230) 234.850 --224.850 219.430 -5.380 6.240 11.620 23.850 0.530 ----

3.710 0.000 3.710 --------3.710 --10.000 50.000 (13.180) 36.820 --46.820 48.600 -(26.320) 32.560 6.240 3.720 0.950 ----

2008

2007

2006

2005

2004

2003

3.7% 0.9% 2.2%

(4.1%) (1.6%) 6.6%

10.6% 5.6% 5.8%

17.9% 5.9% 8.5%

(3.0%) (1.7%) 4.7%

6.5% 4.2% 5.1%

$10.8 1,179.3 0.0 1,035.4 $2,225.4

$12.0 1,578.6 0.0 758.8 $2,349.3

$0.0 469.3 0.0 391.0 $860.3

$4.4 162.6 0.0 317.5 $484.5

$35.7 242.6 0.0 184.4 $462.7

$48.3 4.0 -177.2 $229.5

$0.86

$0.62

$0.75

$1.14

$0.86

$1.38

$28 1,910 1.5%

($16) 1,464 (1.1%)

$34 644 5.2%

$33 553 6.0%

($5) 399 (1.3%)

$10 317 3.3%

$1,910 2,871

$1,464 3,051

$644 989

$553 599

$399 557

$317 303

DuPont ROE Analysis Net Income Revenue Profit Margin Revenue Total Assets

Asset Utilization

0.7x

0.5x

0.7x

0.9x

0.7x

1.0x

1.0%

(0.5%)

3.4%

5.5%

(0.9%)

3.5%

2,871 759 3.8x

3,051 391 7.8x

989 318 3.1x

599 184 3.2x

557 177 3.1x

303 162 1.9x

Return on Equity 3-year average 5-year average 10-year average

3.7% 3.4% 5.0% 1.7%

(4.1%)

10.6%

17.9%

(3.0%)

6.5%

Gross Profit SG&A R&D D&A Taxes NOPAT

$647 $296 $121 $174 $4 $53

$487 $226 $95 $126 ($16) $56

$267 $116 $59 $46 $18 $28

$234 $101 $47 $52 ($6) $39

$171 $81 $44 $39 ($4) $11

$144 $67 $42 $19 $7 $8

ST debt LT debt Equity Invested Capital

$11 $1,179 $1,035 $2,225

$12 $1,579 $759 $2,349

$0 $469 $391 $860

$4 $163 $318 $484

$36 $243 $184 $463

$48 $4 $177 $230

ROIC 3-year average 5-year average 10-year average

2.2% 4.9% 5.6% 1.7%

6.6%

5.8%

8.5%

4.7%

5.1%

OCF Capex FCF

$193 ($63) $130

$133 ($41) $93

$95 ($32) $63

$80 ($32) $48

$53 ($13) $40

$10 ($10) $1

$28

($16)

$34

$33

($5)

$10

144.1% (765.6%)

6.0%

Return on Assets Total Assets Beginning Common Equity Leverage

Net Income FCF Conversion (FCF/NI) 3-year average 5-year average 10-year average Assumptions Growth Rate Net Operating Profit Margin Tax Rate Dep % of Revs. Investment Rate % of Revs. Working Cap. % of Revs 10 year average OCF Std. dev of 10 year OCF Beta

462.3% (574.5%) 24.8% (109.4%) 5.2% 2008 30.4% 5.8% 12.5% 9.1% 3.3% 14.1% $67 $60 0.88

3-year 58.1% 7.0% 32.8% 8.3% 3.7% 17.5%

186.7%

Average 5-year 10- year 47.7% 27.5% 6.8% 3.1% 35.6% 37.9% 8.8% 7.5% 4.0% 3.6% 18.7% 16.4%

2008

2007

2006

2005

2004

2003

Revenue growth

$1,910 30.4%

$1,464 127.3%

$644 16.5%

$553 38.5%

$399 25.9%

$317 11.3%

Net Income Dividends Retained Earning Retention Rate

$28 $0 $28 100.0%

($16) $0 ($16) 100.0%

$34 $0 $34 100.0%

$33 $0 $33 100.0%

($5) $0 ($5) 100.0%

$10 $0 $10 100.0%

ROE

3.7%

(4.1%)

10.6%

17.9%

(3.0%)

6.5%

Growth (b*ROE)

3.7%

(4.1%)

10.6%

17.9%

(3.0%)

6.5%

Clean Operating Income % of Revenues

$110 5.8%

$82 5.6%

$62 9.6%

$47 8.4%

$18 4.4%

$25 8.0%

$4 12.5%

($16) 50.5%

$18 35.4%

($6) NA

($4) 44.1%

$7 41.5%

Depreciation % of Revenues

$174 9.1%

$126 8.6%

$46 7.2%

$52 9.3%

$39 9.7%

$19 6.0%

Capex % of Revenues

($63) 3.3%

($41) 2.8%

($32) 4.9%

($32) 5.8%

($13) 3.2%

($10) 3.0%

$307 164 201 $270 14.1%

$324 169 199 $295 20.1%

$100 53 36 $117 18.1%

$96 49 46 $99 18.0%

$84 45 37 $92 23.0%

$63 16 26 $53 16.6%

Taxes % of Pre-tax income

Accounts Receivable Inventories Payables Working Capital % of Revenues

2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 12/31/2002 12/31/2001 12/31/2000 12/31/1999 12/31/1998 12/31/1997 12/31/1996 12/31/1995 12/31/1994 12/31/1993 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months Reclassified Reclassified Restated Reclassified Reclassified Update Update Update Restated Restated 12/31/2004 12/31/2003 12/31/2002 12/31/2000 12/31/2000 12/31/1997 12/31/1996 12/31/1996 12/31/1996 12/31/1996 10-K 10-K/A 10-K 10-K405 10-K405 10-K 10-K405 10-K405 --3/11/2005 2/7/2005 3/27/2003 3/22/2001 3/22/2001 3/31/1998 ----Complete Complete Complete Complete Complete Complete Complete Complete Complete Complete DT DT DT DT DT DT EY EY --284.840 225.560 179.940 193.410 241.400 216.120 177.580 161.340 125.910 92.700 ------------------------------284.840 225.560 179.940 193.410 241.400 216.120 177.580 161.340 125.910 92.700 ------------------------------284.840 225.560 179.940 193.410 241.400 216.120 177.580 161.340 125.910 92.700 152.570 127.700 109.090 202.640 167.280 135.360 104.710 89.600 69.480 49.530 ----------152.570 127.700 109.090 202.640 167.280 135.360 104.710 89.600 69.480 49.530 132.270 97.860 70.850 (9.230) 74.130 80.760 72.880 71.740 56.430 43.170 57.620 41.730 38.290 38.740 36.830 41.680 39.820 27.640 22.890 18.610 --------------------57.620 41.730 38.290 38.740 36.830 41.680 39.820 27.640 22.890 18.610 36.420 30.000 21.330 26.760 33.490 32.220 33.290 27.080 18.070 12.620 ----------2.360 1.490 1.760 1.990 2.260 2.190 1.540 2.340 2.270 2.240 ----------2.360 1.490 1.760 1.990 2.260 2.190 1.540 2.340 2.270 2.240 --------------------------------------------------------------------------------7.200 -0.000 -------3.140 (1.220) (0.190) 16.690 3.930 0.000 0.000 0.000 --7.400 -0.000 -------------------------------------17.740 (1.220) (0.190) 16.690 3.930 0.000 0.000 0.000 ---------------------------------

----266.700 18.140 (2.060) -(2.060) 1.190 0.130 1.310 -(0.750) ----1.470 1.470 18.860 10.180 8.680 ---8.680 -----8.680 ------8.680 8.680 19.260 0.450 0.450 0.170 8.850 21.380 0.410 0.410 0.000 -----

----199.700 25.860 (5.110) -(5.110) 1.410 (0.620) 0.790 -(4.320) ----(0.180) (0.180) 21.370 7.920 13.450 ---13.450 0.000 -0.000 -0.000 13.450 ------13.450 13.450 15.640 0.860 0.860 0.640 14.090 18.830 0.750 0.750 0.000 -----

--------170.290 286.820 9.650 (93.410) (5.310) ---(5.310) -1.110 -1.070 (0.600) 2.180 (0.600) -(6.260) (3.130) (6.860) --------2.020 0.000 2.020 0.000 8.540 (100.270) 3.270 (28.010) 5.270 (72.260) ------5.270 (72.260) (2.560) 0.000 ---3.660 --(2.560) 3.660 2.710 (68.600) ------------5.270 (72.260) 2.710 (68.600) 15.180 14.850 0.350 (4.870) 0.180 (4.620) 0.000 0.000 2.710 (68.600) 15.390 14.850 0.340 (4.870) 0.180 (4.620) 0.000 0.000 ---------

----243.790 (2.380) ----(1.150) (1.150) (6.510) (7.660) ----0.000 0.000 (10.050) (3.820) (6.230) ---(6.230) 0.000 -0.000 -0.000 (6.230) ------(6.230) (6.230) 14.670 (0.420) (0.420) 0.000 (6.230) 14.670 (0.420) (0.420) 0.000 -----

----211.450 4.670 ----(1.120) (1.120) (3.920) (5.040) 2.000 ---0.000 0.000 1.640 0.630 1.010 ---1.010 --0.000 -0.000 1.010 ------1.010 1.010 14.120 0.070 0.070 0.000 1.010 14.560 0.070 0.070 0.000 -----

----179.350 (1.770) ----(0.050) (0.050) (0.320) (0.370) 0.000 ---0.000 0.000 (2.130) (0.670) (1.460) ---(1.460) -----(1.460) ------(1.460) (1.460) 13.300 (0.110) (0.110) 0.000 (1.460) 13.300 (0.110) (0.110) 0.000 -----

----146.660 14.680 ----0.000 0.000 1.720 1.720 0.000 ---0.000 0.000 16.400 5.250 11.150 ---11.150 -----11.150 ------11.150 11.150 13.100 0.850 0.850 0.000 11.150 13.780 0.810 0.810 0.000 -----

----112.700 13.210 ------0.980 0.980 ----0.000 0.000 14.190 3.930 10.260 ---10.260 0.000 0.000 --0.000 10.260 ------10.260 10.260 11.960 0.860 0.860 0.000 10.260 12.850 0.800 0.800 0.000 -----

----83.000 9.700 ------0.000 0.000 ----(0.560) (0.560) 9.150 3.110 6.040 ---6.040 0.000 0.000 --0.000 6.040 ------6.040 6.040 9.480 0.640 0.640 0.000 6.040 10.230 0.590 0.590 0.000 -----

---0.000 --------17.740 36.590 5.690 15.860 20.730 20.730 1.080 0.980 3.300 5.380 0.280 0.260 -1.190 -7.800 --2.360 5.700 ----36.420 ------------------

---0.000 --------(1.220) 20.150 (0.450) 7.460 12.680 12.680 0.810 0.710 2.140 11.310 0.720 0.630 -1.410 -8.100 --1.490 3.200 ----30.000 ------------------

---0.000 --------(0.190) 8.350 (0.070) 3.200 5.150 5.150 0.340 0.330 2.020 0.690 0.040 0.040 -1.110 -10.500 --0.730 2.300 ----21.330 ------------------

---0.000 --------16.690 (83.580) 5.840 (22.170) (61.410) (61.410) (4.140) (4.140) 0.210 (68.800) (4.630) (4.630) --0.000 18.470 --1.990 2.400 ----26.760 ------------------

---0.000 --------3.930 (6.120) 1.380 (2.440) (3.670) (3.670) (0.250) (0.250) 2.790 (9.010) (0.610) (0.610) --(0.260) 19.870 --2.260 -----33.490 ------------------

---0.000 --------(2.000) (0.370) (0.700) (0.080) (0.290) (0.290) (0.020) (0.020) 4.690 (3.680) (0.250) (0.250) -3.910 (0.990) 14.590 --2.190 1.620 ----32.220 ------------------

---0.000 --------0.000 (2.130) 0.000 (0.670) (1.460) (1.460) (0.110) (0.110) (6.300) (7.760) (0.580) (0.580) -0.870 (0.530) 8.980 --1.540 1.510 ----33.290 ------------------

---0.000 --------0.000 16.400 0.000 5.250 11.150 11.150 0.850 0.810 2.920 8.230 0.600 0.600 --0.000 6.030 --2.340 1.830 ----27.080 ------------------

---0.000 ---------14.190 -3.930 10.260 10.260 0.860 0.800 -------6.930 --2.270 -----18.070 ------------------

---0.000 ---------9.150 -3.110 6.040 6.040 0.640 0.590 -------6.090 --2.240 -----12.620 ------------------

--

--

--

--

--

--

--

--

--

--

2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 12/31/2002 12/31/2001 12/31/2000 12/31/1999 12/31/1998 12/31/1997 12/31/1996 12/31/1995 12/31/1994 12/31/1993 Update Update Restated Update Reclassified Reclassified Restated Update Update Update 12/31/2002 12/31/2001 12/31/2001 12/31/1999 12/31/1999 12/31/1998 12/31/1997 12/31/1996 12/31/1994 12/31/1993 10-K 10-K405 10-K405 10-K 10-K 10-K405 10-K 10-K405 --3/27/2003 3/28/2002 3/28/2002 3/30/2000 3/30/2000 -----Complete Complete Complete Complete Complete Complete Complete Complete Complete Complete DT DT DT DT DT DT DT EY ------------32.560 20.580 21.220 1.540 2.740 3.020 2.240 6.470 10.990 12.270 0.000 22.200 0.000 0.000 0.000 0.000 0.000 25.070 30.690 12.820 32.560 42.780 21.220 1.540 2.740 3.020 2.240 31.550 41.670 25.090 48.790 39.770 43.360 42.060 43.190 40.780 31.400 28.850 --(1.290) (1.430) (1.140) (1.310) (1.490) (0.750) (0.750) ---47.500 38.340 42.220 40.750 41.700 40.020 30.650 28.850 26.710 22.900 ----------10.080 14.000 7.640 8.390 34.050 29.860 11.640 9.170 0.000 0.000 57.570 52.350 49.860 49.140 75.750 69.890 42.280 38.020 26.710 22.900 10.320 10.380 9.670 5.700 6.950 7.300 9.050 7.430 --0.800 0.720 0.740 1.460 1.600 3.140 1.570 0.560 --4.300 4.800 5.720 6.430 9.040 14.420 22.690 9.590 --0.230 0.380 1.070 1.710 3.070 1.950 0.530 0.480 ------------15.660 16.280 17.200 15.300 20.650 26.810 33.840 18.070 11.920 15.370 --------------------5.930 4.130 4.850 8.020 6.940 5.670 4.170 4.530 3.530 3.870 ----------2.770 1.190 0.900 34.090 2.310 7.070 7.460 1.390 1.370 1.390 8.700 5.330 5.750 42.110 9.240 12.730 11.630 5.920 4.900 5.260 114.490 116.730 94.020 108.080 108.390 112.450 89.990 93.550 85.200 68.610 ----------1.740 1.960 1.960 2.200 2.200 2.050 2.080 1.660 0.000 0.000 101.520 94.770 94.340 101.460 146.230 131.230 99.250 56.750 32.780 25.690 ----------------------------------------103.260 96.730 96.300 103.660 148.420 133.280 101.320 58.400 32.780 25.690 (61.500) (57.890) (56.950) (66.080) (55.290) (41.370) (29.970) (24.270) (19.880) (15.790) 41.760 38.840 39.350 37.580 93.140 91.920 71.350 34.140 12.900 9.900 --------------------44.190 16.990 16.990 16.990 16.990 16.990 16.990 17.850 --30.890 14.630 15.870 15.750 15.580 15.380 13.720 11.320 --(12.580) (20.580) (20.030) (17.550) (14.430) (10.900) (7.370) (8.940) --18.310 (5.960) (4.160) (1.800) 1.150 4.480 6.350 2.380 19.850 19.560 -------------------------------

---24.050 -0.000 4.460 28.510 247.250 -25.530 7.400 0.000 0.690 -11.580 --18.260 ---29.840 63.460 4.760 -4.760 5.450 -----17.430 -17.430 85.650 --------195.550 -195.550 -(33.670) -----

---24.950 -5.100 6.040 36.090 202.690 -24.690 -0.000 0.230 -13.560 --11.610 ---25.170 50.090 64.260 -64.260 64.480 -----12.300 -12.300 126.640 --------120.320 -120.320 -(42.350) -----

---27.290 --3.740 31.030 177.230 -30.170 -0.000 0.240 -9.030 --9.240 ---18.270 48.680 65.200 0.000 65.200 65.450 0.000 0.000 ---11.250 -11.250 125.140 ---0.000 ---0.000 109.730 -109.730 0.000 (55.800) ---0.000

1.810 --26.920 --2.490 29.410 192.080 -34.750 -3.650 0.620 -8.410 --16.400 ---24.810 63.820 70.730 0.000 70.730 75.000 0.000 0.000 ---10.000 -10.000 144.550 ---0.000 ---0.000 107.600 -107.600 0.000 (58.510) ---0.000

23.710 --1.910 --2.470 4.370 247.760 -24.790 -14.000 0.470 -8.650 --6.250 ---14.900 54.160 77.730 0.000 77.730 92.200 0.000 0.000 ---0.850 -0.850 132.730 ---0.000 ---0.000 106.040 -106.040 0.000 10.090 ---0.000

11.120 --1.130 --2.130 3.250 240.210 -26.640 -1.560 0.000 -6.760 --9.180 ---15.940 44.140 72.250 0.000 72.250 73.810 2.500 2.500 ---0.890 -0.890 119.780 ---0.000 ---0.000 105.140 -105.140 0.060 16.320 ---0.000

1.190 --0.230 --0.570 0.800 186.670 -19.920 -33.060 0.000 -6.770 --4.000 ---10.770 63.750 6.440 0.000 6.440 39.500 0.000 0.000 ---2.260 -2.260 72.450 ---0.000 ---0.000 98.690 -98.690 0.340 15.310 ---0.000

------1.810 1.810 149.720 -16.290 -0.000 0.000 -8.210 --4.510 ---12.720 29.010 5.600 0.000 5.600 5.600 1.680 1.680 ---2.160 -2.160 38.450 ---0.000 ---0.000 94.110 -94.110 0.340 16.970 ---0.000

---0.000 --1.170 1.170 119.120 -11.850 -0.000 0.000 -7.270 --3.770 ---11.040 22.890 0.000 0.000 0.000 0.000 0.000 0.000 ---1.850 -1.850 24.730 ---0.000 ---0.000 90.190 -90.190 0.340 4.370 ---0.000

---0.620 --0.220 0.840 98.910 -12.800 -0.000 0.390 -9.600 --2.680 ---12.280 25.460 0.000 0.280 0.280 0.670 0.000 0.000 ---1.830 -1.830 27.570 ---0.000 ---0.000 75.890 -75.890 0.800 (3.590) ---(0.790)

----(0.280) (1.920) (0.280) (1.920) 161.600 76.050 247.250 202.690 20.190 16.220 ------20.190 16.220 ----------------------------------1,434.000 1,092.000 --501.000 523.000 --12.580 20.580 11.580 13.560 ---------------------------------

--(1.840) (1.840) 52.090 177.230 15.330 ---15.330 -----------------877.000 -600.000 -20.030 9.030 -----------------

--------(1.570) (1.110) (1.080) (0.110) (1.570) (1.110) (1.080) (0.110) 47.530 115.020 120.430 114.220 192.080 247.760 240.210 186.670 14.960 14.700 14.600 13.390 ------------14.960 14.700 14.600 13.390 --------------------------------------------------------------------935.000 1,127.000 1,213.000 1,006.000 ----600.000 600.000 ### ### ----17.550 14.430 10.900 7.370 8.410 8.650 6.760 6.770 -----------------------------------------------------------------

--(0.140) (0.140) 111.270 149.720 13.160 ---13.160 ---------------------8.940 8.210 -----------------

--(0.520) (0.520) 94.380 119.120 11.940 ---11.940 ----------------------7.270 -----------------

--(0.980) (1.770) 71.340 98.910 10.700 ---10.700 ----------------------9.600 -----------------

2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 12/31/2002 12/31/2001 12/31/2000 12/31/1999 12/31/1998 12/31/1997 12/31/1996 12/31/1995 12/31/1994 12/31/1993 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months

Update Update Reclassified Update Update Update Update Update Restated Update 12/31/2002 12/31/2001 12/31/2001 12/31/1999 12/31/1998 12/31/1997 12/31/1996 12/31/1996 12/31/1996 12/31/1993 10-K 10-K405 10-K405 10-K 10-K405 10-K 10-K405 10-K405 --3/27/2003 3/28/2002 3/28/2002 3/30/2000 3/30/1999 3/31/1998 ----Complete Complete Complete Complete Complete Complete Complete Complete Complete Complete DT DT DT DT DT DT EY EY --8.680 13.450 2.710 (68.600) (6.230) 1.010 (1.460) 11.150 10.260 4.260 10.180 9.900 13.250 18.470 19.870 16.780 10.520 8.370 6.930 6.090 10.180 9.900 13.250 18.470 19.870 16.780 10.520 8.370 6.930 6.090 --------------------0 0 0 0 0 0 0 0 0 0 4.730 3.050 3.810 (28.060) (4.550) 0.110 (1.550) 0.760 0.880 1.640 0.000 -2.560 ---------------------------0.000 0.000 (1.040) 19.710 0.000 0.000 ----7.200 ---------(0.130) 0.620 (0.950) 0.600 1.150 (0.880) (0.050) 0.000 0.000 0.000 5.490 4.530 -34.490 0.000 0.000 ----12.570 5.150 0.570 54.800 1.150 (0.880) (0.050) 0.000 0.000 0.000 2.620 (2.490) (2.490) 15.670 (1.810) (19.160) (4.150) (9.660) (3.560) (8.700) 0.620 0.920 0.280 5.350 11.330 3.190 (17.110) (5.510) 3.450 (5.370) -------------(1.670) (17.650) (18.380) (1.310) 0.000 0.000 0.000 --------------------9.460 (4.400) (1.940) 18.570 (2.660) 7.110 3.630 3.940 (1.260) 6.070 ----------0.700 6.900 (11.480) 9.910 (1.040) 5.170 (1.950) 1.600 (2.310) 3.110 (0.340) (0.140) (0.920) 0.050 (0.310) 1.830 (3.440) 0.580 1.240 1.050 ----------13.060 0.790 (16.540) 47.880 (12.140) (20.240) (24.330) (9.050) (2.440) (3.830) 49.230 32.340 3.800 24.500 (1.900) (3.220) (16.860) 11.230 15.630 8.160 (10.540) (7.560) (4.510) (7.420) (6.360) (9.330) (27.500) (16.580) (7.330) (3.830) --------------------(10.540) (7.560) (4.510) (7.420) (6.360) (9.330) (27.500) (16.580) (7.330) (3.830) (42.920) --(0.170) (1.000) (1.700) (4.730) (3.810) 0.000 0.000 ----------1.900 0.000 33.620 0.000 1.000 4.040 0.000 0.000 0.000 0.000 48.980 8.170 -----------0.000 0.000 0.000 25.070 5.610 (17.870) (12.820) (26.920) (30.370) ---------------------0.000 0.000 0.000 0.000 0.000 (3.140) (0.710) 6.140 (8.270) (8.340) (8.500) (10.740) (27.070) (17.700) (2.680) (0.630) (0.460) (12.820) (30.470) 25.290 (8.670) (10.740) (24.740) 2.650 (0.870) (21.650) (13.990) (23.350) (38.030) 20.780 (16.080) (17.100) (34.070) (24.850) (17.460) (28.970) (17.810) (0.040) (0.050) (0.550) (0.320) 0.130 (2.420) 0.040 (0.290) 0.030 0.030 (0.040) (0.050) (0.550) (0.320) 0.130 (2.420) 0.040 (0.290) 0.030 0.030 --------------------0 0 0 0.000 0.000 0.000 (0.200) (1.650) (1.610) 0.000

7.670 (12.560) (4.890) --------(4.890) --(2.530) -(4.850) (6.430) --(8.960) (13.890) -11.980 20.580 32.560 2.620 0.380 ----

7.820 (1.910) 5.910 --------5.910 --0.000 -(0.210) (0.800) --(0.800) 5.060 -(0.630) 21.220 20.580 4.340 0.180 ----

2.130 -2.130 --------2.130 --(3.650) -(2.280) (2.830) --(6.480) (4.900) -19.680 1.540 21.220 4.290 0.500 ----

1.560 0.000 1.560 --------1.560 --(10.350) -0.000 (0.510) --(10.860) (9.620) 0.000 (1.210) 2.740 1.540 5.280 0.610 ----

2.400 (1.550) 0.850 --------0.850 --12.440 -0.000 5.310 --17.750 18.720 0.000 (0.280) 3.020 2.740 6.040 0.160 ----

6.170 0.000 6.170 --------6.170 --(31.500) -63.400 65.810 --34.310 38.060 0.000 0.780 2.240 3.020 3.580 0.570 ----

4.580 0.000 4.580 --------4.580 --33.060 -0.000 0.000 --33.060 37.480 0.000 (4.230) 6.470 2.240 1.170 1.420 ----

3.640 -3.640 --------3.640 --0.000 -0.000 0.000 --0.000 1.700 0.000 (4.530) 11.000 6.470 0.200 3.080 ----

13.650 -13.650 --------13.650 --0.000 -0.000 0.000 --0.000 12.070 0.000 (1.270) --0.100 0.970 ----

31.320 -31.320 --------31.320 --(5.560) -(4.360) (4.360) --(9.930) 21.420 0.000 11.770 --0.660 1.300 ----

2002

2001

2000

1999

1998

1997

1996

1995

1994

1993

11.4% 4.3% 12.7%

25.8% 7.6% 7.1%

11.1% 2.7% (4.3%)

(62.8%) (29.2%) (31.5%)

(5.2%) (2.6%) (6.3%)

0.9% 0.5% (6.9%)

(1.3%) (1.0%) (8.6%)

11.8% 9.4% 3.6%

14.4% 10.4% 6.4%

16.9% 9.5% 5.9%

$0.7 4.8 -161.6 $167.1

$0.2 64.3 -76.1 $140.5

$0.2 65.2 0.0 52.1 $117.5

$4.3 70.7 0.0 47.5 $122.5

$14.5 77.7 0.0 115.0 $207.2

$1.6 72.3 0.0 120.4 $194.2

$33.1 6.4 0.0 114.2 $153.7

$0.0 5.6 0.0 111.3 $116.9

$0.0 0.0 0.0 94.4 $94.4

$0.4 0.0 0.0 71.3 $71.7

$1.71

$1.60

$1.53

$1.58

$1.16

$1.11

$1.16

$1.38

$1.33

$1.29

$9 285 3.0%

$13 226 6.0%

$5 180 2.9%

($72) 193 (37.4%)

($6) 241 (2.6%)

$1 216 0.5%

($1) 178 (0.8%)

$11 161 6.9%

$10 126 8.1%

$6 93 6.5%

$285 247

$226 203

$180 177

$193 192

$241 248

$216 240

$178 187

$161 150

$126 119

$93 99

1.2x

1.1x

1.0x

1.0x

1.0x

0.9x

1.0x

1.1x

1.1x

0.9x

3.5%

6.6%

3.0%

(37.6%)

(2.5%)

0.4%

(0.8%)

7.4%

8.6%

6.1%

247 76 3.3x

203 52 3.9x

177 48 3.7x

192 115 1.7x

248 120 2.1x

240 114 2.1x

187 111 1.7x

150 94 1.6x

119 71 1.7x

99 36 2.8x

11.4%

25.8%

11.1%

(62.8%)

(5.2%)

0.9%

(1.3%)

11.8%

14.4%

16.9%

$132 $58 $36 $10 $10 $18

$98 $42 $30 $10 $8 $8

$71 $38 $21 $13 $3 ($5)

($9) $39 $27 $18 ($28) ($65)

$74 $37 $33 $20 ($4) ($12)

$81 $42 $32 $17 $1 ($11)

$73 $40 $33 $11 ($1) ($10)

$72 $28 $27 $8 $5 $3

$56 $23 $18 $7 $4 $5

$43 $19 $13 $6 $3 $3

$1 $5 $162 $167

$0 $64 $76 $141

$0 $65 $52 $118

$4 $71 $48 $123

$14 $78 $115 $207

$2 $72 $120 $194

$33 $6 $114 $154

$0 $6 $111 $117

$0 $0 $94 $94

$0 $0 $71 $72

12.7%

7.1%

(4.3%)

(31.5%)

(6.3%)

(6.9%)

(8.6%)

3.6%

6.4%

5.9%

$49 ($11) $39

$32 ($8) $25

$4 ($5) ($1)

$25 ($7) $17

($2) ($6) ($8)

($3) ($9) ($13)

($17) ($28) ($44)

$11 ($17) ($5)

$16 ($7) $8

$8 ($4) $4

$9

$13

$5

($72)

($6)

$1

($1)

$11

$10

$6

445.7%

184.2%

(13.5%)

(23.6%)

132.6% (1242.6%)

3038.4%

(48.0%)

80.9%

71.7%

2002

2001

2000

1999

1998

1997

1996

1995

1994

1993

$285 26.3%

$226 25.4%

$180 (7.0%)

$193 (19.9%)

$241 11.7%

$216 21.7%

$178 10.1%

$161 28.1%

$126 35.8%

$93 31.0%

$9 $0 $9 100.0%

$13 $0 $13 100.0%

$5 $0 $5 100.0%

($72) $0 ($72) 100.0%

($6) $0 ($6) 100.0%

$1 $0 $1 100.0%

($1) $0 ($2) 113.7%

$11 $2 $10 85.2%

$10 $2 $9 84.3%

$6 $0 $6 100.0%

11.4%

25.8%

11.1%

(62.8%)

(5.2%)

0.9%

(1.3%)

11.8%

14.4%

16.9%

11.4%

25.8%

11.1%

(62.8%)

(5.2%)

0.9%

(1.5%)

10.1%

12.1%

16.9%

$36 12.6%

$25 10.9%

$9 5.3%

($77) (39.7%)

$2 0.6%

$5 2.2%

($2) (1.0%)

$15 9.1%

$13 10.5%

$10 10.5%

$10 54.0%

$8 37.1%

$3 38.3%

($28) 27.9%

($4) 38.0%

$1 38.4%

($1) 31.5%

$5 32.0%

$4 27.7%

$3 34.0%

$10 3.6%

$10 4.4%

$13 7.4%

$18 9.5%

$20 8.2%

$17 7.8%

$11 5.9%

$8 5.2%

$7 5.5%

$6 6.6%

($11) 3.7%

($8) 3.4%

($5) 2.5%

($7) 3.8%

($6) 2.6%

($9) 4.3%

($28) 15.5%

($17) 10.3%

($7) 5.8%

($4) 4.1%

$48 16 26 $38 13.2%

$38 16 25 $30 13.3%

$42 17 30 $29 16.3%

$41 15 35 $21 11.0%

$42 21 25 $38 15.6%

$40 27 27 $40 18.6%

$31 34 20 $45 25.1%

$29 18 16 $31 19.0%

$27 12 12 $27 21.3%

$23 15 13 $25 27.5%

1992 1991 12/31/1992 12/31/1991 12 Months 12 Months Restated Update 12/31/1996 12/31/1991 ----Complete Complete --70.750 35.070 ------70.750 35.070 ------70.750 35.070 37.170 17.120 --37.170 17.120 33.590 17.950 16.340 11.290 ----16.340 11.290 10.020 4.000 --0.860 0.140 --0.860 0.140 -------------------------------------

----64.380 6.370 ------0.000 0.000 ----(4.300) (4.300) 2.070 0.820 1.260 ---1.260 3.670 (5.070) --(1.410) (0.150) ------1.260 (0.150) 9.460 0.130 (0.020) 0.000 (0.150) 9.460 0.130 (0.020) 0.000 -----

----32.550 2.520 ------0.500 0.500 ----(1.330) (1.330) 1.700 0.880 0.820 ---0.820 0.000 (2.820) --(2.820) (2.000) ------0.820 (2.000) 6.430 0.130 (0.310) 0.000 (2.000) 6.430 0.130 (0.310) 0.000 -----

---0.000 ---------2.070 -0.820 1.260 1.260 0.130 0.130 -------4.590 --0.860 -----10.020 ------------------

---0.000 ---------1.700 -0.880 0.820 0.820 0.130 0.130 -------3.060 --0.140 -----4.000 ------------------

--

1992 12/31/1992 Update 12/31/1992 --Complete --0.500 0.000 0.500 --14.210 -0.000 14.210 -----9.990 --3.560 -1.800 5.360 30.060 -0.000 22.150 ----22.150 (12.270) 9.880 -----20.900 ----

--

---2.580 --0.130 2.700 63.540 -6.720 -9.560 0.290 -6.490 --2.040 ---8.530 25.100 0.000 0.740 0.740 10.590 0.000 0.000 ---2.060 -2.060 27.890 ---18.540 ---18.540 25.560 -25.560 0.870 (7.850) ---(0.640)

--(0.820) (1.460) 35.650 63.540 5.850 ---5.850 ----------------------6.490 ----------------1992 1991 12/31/1992 12/31/1991 12 Months 12 Months

Update Update 12/31/1992 12/31/1991 ----Complete Complete --0.140 0.820 4.590 3.060 4.590 3.060 ----0 0 (1.540) 0.000 ----------3.830 1.330 --3.830 1.330 4.150 5.240 1.330 (0.520) --(2.970) (4.630) ----(1.190) (1.910) --0.990 (4.460) (0.430) 0.120 --1.880 (6.150) 8.890 (0.940) (3.600) (2.970) ----(3.600) (2.970) (2.170) 0.000 --0.000 0.000 --0.000 0.000 ----0.000 0.000 (5.200) (3.630) (7.370) (3.630) (10.970) (6.600) 0.000 0.000 0.000 0.000 ----(2.260) 0.000

0.070 -0.070 --------0.070 --3.960 -(0.350) (0.350) --3.610 1.420 0.000 (0.660) --0.590 0.040 ----

0.150 -0.150 --------0.150 --1.600 -(0.490) (0.490) --1.100 1.250 0.000 (6.280) --0.210 0.270 ----

1992

1991

$9.9 0.0 18.5 35.7 $64.0 $1.10

$1 71 1.8% $71 64

1.1x 2.0% 64 NA NA NA

$34 $16 $10 $5 $1 $2 $10 $1 $36 $46 NA

$9 ($4) $5 $1 419.8%

1992

$71

$1 $2 ($1) NA 0.0% 0.0% $6 9.0% $1 39.6% $5 6.5% ($4) 5.1% $14 10 7 $17 24.7%

#DIV/0!

#DIV/0!

All Financial Reports

Itron Inc Income Statement - Interim Standardised in Millions of US Dollar Fiscal Period: Period End Date: Period Length: Update Type: Update Date: Source Source Date: Complete Statement: Net Sales Gross Revenue Sales Returns and Allowances Excise Tax Receipts Revenue Interest Income, Non-Bank Other Revenue Other Revenue, Total Total Revenue Cost of Revenue Excise Taxes Payments Cost of Revenue, Total Gross Profit Selling/General/Administrative Expense Labor & Related Expense Advertising Expense Selling/General/Admin. Expenses, Total Research & Development Depreciation Amortization of Intangibles Amortization of Acquisition Costs Depreciation/Amortization Interest Expense - Operating Interest Capitalized - Operating Interest Expense, Net - Operating Interest Income - Operating Investment Income - Operating Interest/Investment Income - Operating Interest Expense(Income) - Net Operating Interest Exp.(Inc.),Net-Operating, Total Purchased R&D Written-Off Restructuring Charge Litigation Impairment-Assets Held for Use Impairment-Assets Held for Sale Other Unusual Expense (Income) Unusual Expense (Income) Foreign Currency Adjustment Unrealized Losses (Gains) Minimum Pension Liability Adjustment Loss(Gain) on Sale of Assets - Operating

2009 Q1 2008 Q4 3/31/2009 12/31/2008 3 Months 3 Months Update Update 3/31/2009 12/31/2008 10-Q 10-K 5/5/2009 2/26/2009 Complete Complete 388.520 432.390 ------388.520 432.390 ------388.520 432.390 258.930 287.260 --258.930 287.260 129.580 145.130 66.000 68.440 ----66.000 68.440 31.160 28.420 --23.480 27.250 --23.480 27.250 -----------------0.000 --------10.340 -10.340 0.000 ---------

2008 Q3 9/30/2008 3 Months Update 9/30/2008 10-Q 11/4/2008 Complete 484.820 ---484.820 ---484.820 321.860 -321.860 162.960 75.450 --75.450 31.780 -30.400 -30.400 --------0.000 -----0.000 -----

2008 Q2 6/30/2008 3 Months Update 6/30/2008 10-Q 8/5/2008 Complete 513.930 ---513.930 ---513.930 337.720 -337.720 176.210 77.090 --77.090 31.470 -31.470 -31.470 --------0.000 -----0.000 -----

2008 Q1 3/31/2008 3 Months Restated 3/31/2009 10-Q 5/5/2009 Complete 478.480 ---478.480 ---478.480 315.920 -315.920 162.560 74.990 --74.990 29.030 -31.250 -31.250 -------------0.000 0.000 -----

Other Operating Expense Other, Net Other Operating Expenses, Total Total Operating Expense Operating Income Interest Expense - Non-Operating Interest Capitalized - Non-Operating Interest Expense, Net Non-Operating Interest Income - Non-Operating Investment Income - Non-Operating Interest/Invest Income - Non-Operating Interest Income(Exp), Net Non-Operating Interest Inc.(Exp.),Net-Non-Op., Total Gain (Loss) on Sale of Assets Foreign Currency Adjustment Unrealized Gains (Losses) Minimum Pension Liability Adjustment Other Non-Operating Income (Expense) Other, Net Net Income Before Taxes Provision for Income Taxes Net Income After Taxes Minority Interest Equity In Affiliates U.S. GAAP Adjustment Net Income Before Extra. Items Accounting Change Discontinued Operations Extraordinary Item Tax on Extraordinary Items Total Extraordinary Items Net Income Preferred Dividends General Partners' Distributions Miscellaneous Earnings Adjustment Pro Forma Adjustment Interest Adjustment - Primary EPS Total Adjustments to Net Income Income Available to Com Excl ExtraOrd Income Available to Com Incl ExtraOrd Basic Weighted Average Shares Basic EPS Excluding Extraordinary Items Basic EPS Including Extraordinary Items Dilution Adjustment Diluted Net Income Diluted Weighted Average Shares Diluted EPS Excluding ExtraOrd Items Diluted EPS Including ExtraOrd Items DPS - Common Stock Primary Issue Dividends per Share - Com Stock Issue 2 Dividends per Share - Com Stock Issue 3 Dividends per Share - Com Stock Issue 4 Special DPS - Common Stock Primary Issue Special DPS - Common Stock Issue 2

---389.910 (1.390) (16.850) -(16.850) 0.540 -0.540 -(16.310) ----(2.030) (2.030) (19.740) (0.010) (19.730) ---(19.730) -----(19.730) ------(19.730) (19.730) 36.150 (0.550) (0.550) 0.000 (19.730) 36.150 (0.550) (0.550) 0.000 ------

---411.360 21.020 (15.370) -(15.370) 1.120 -1.120 -(14.240) ----(1.050) (1.050) 5.730 1.430 4.310 ---4.310 -----4.310 ------4.310 4.310 34.480 0.120 0.120 -4.310 34.820 0.120 0.120 0.000 ------

---459.490 25.330 (17.640) -(17.640) 1.960 -1.960 -(15.680) ----(0.280) (0.280) 9.370 1.700 7.680 ---7.680 -----7.680 ------7.680 7.680 34.390 0.220 0.220 -7.680 36.870 0.210 0.210 0.000 ------

---477.750 36.180 (22.460) -(22.460) 1.460 -1.460 -(21.000) ----(1.850) (1.850) 13.340 0.210 13.130 ---13.130 -----13.130 ------13.130 13.130 32.800 0.400 0.400 -13.130 35.330 0.370 0.370 0.000 ------

---451.190 27.290 (28.540) -(28.540) 1.420 -1.420 -(27.110) ----0.190 0.190 0.360 (0.590) 0.950 ---0.950 -----0.950 ------0.950 0.950 30.700 0.030 0.030 -0.950 32.750 0.030 0.030 0.000 ------

Special DPS - Common Stock Issue 3 Special DPS - Common Stock Issue 4 Gross Dividends - Common Stock (Gain) Loss on Sale of Assets, Suppl. Impairment-Assets Held for Sale, Suppl. Impairment-Assets Held for Use, Suppl. Litigation Charge, Supplemental Purchased R&D Written-Off, Supplemental Restructuring Charge, Supplemental Other Unusual Expense(Income), Suppl. Non-Recurring Items, Supplemental, Total Total Special Items Normalized Income Before Taxes Effect of Special Items on Income Taxes Inc Tax Ex Impact of Sp Items Normalized Income After Taxes Normalized Inc. Avail to Com. Basic Normalized EPS Diluted Normalized EPS Pro Forma Stock Compensation Expense Net Income after Stock Based Comp. Exp. Basic EPS after Stock Based Comp. Exp. Diluted EPS after Stock Based Comp. Exp. Stock-Based Compensation, Supplemental Interest Expense, Supplemental Interest Capitalized, Supplemental Depreciation, Supplemental Funds From Operations - REIT Amort of Acquisition Costs, Supplemental Amort of Intangibles, Supplemental Rental Expense, Supplemental EPS, Supplemental Advertising Expense, Supplemental Equity in Affiliates, Supplemental Minority Interest, Supplemental Research & Development Exp, Supplemental Audit Fees Audit-Related Fees Tax Fees All Other Fees Reported Recurring Revenue Reported Net Premiums Written Reported Total Revenue Reported Operating Revenue Reported Total Cost of Revenue Reported Total Sales, General & Admin. Reported Gross Profit Reported Operating Profit Reported Operating Profit Margin Reported Ordinary Profit Reported Net Income After Tax Reported Basic EPS Reported Diluted EPS Reported Net Business Profits

--0.000 --------10.340 (9.400) 3.620 3.610 (13.010) (13.010) (0.360) (0.360) ----4.490 16.850 -12.740 --23.500 -----31.160 ----------129.580 8.950 -------

--0.000 --------0.000 5.730 0.000 1.430 4.310 4.310 0.120 0.120 ----4.020 15.370 -13.130 --27.250 -----28.420 ----------145.130 21.020 -------

--0.000 --------0.000 9.370 0.000 1.700 7.680 7.680 0.220 0.210 ----4.530 17.640 -13.500 --30.400 -----31.780 ----------162.960 25.330 -------

--0.000 --------0.000 13.340 0.000 0.210 13.130 13.130 0.400 0.370 ----4.140 22.460 -13.680 --31.470 -----31.470 ----------176.210 36.180 -------

--0.000 --------0.000 0.360 0.000 (0.590) 0.950 0.950 0.030 0.030 ----3.890 28.540 -13.120 --31.200 -----29.030 ----------162.560 27.290 -------

Balance Sheet (Differentiates) Interim - Standardised in Millions of US Dollar Fiscal Period: Period End Date: Update Type: Update Date: Source Source Date: Complete Statement: Cash Cash & Equivalents Short Term Investments Cash and Short Term Investments Accounts Receivable - Trade, Gross Provision for Doubtful Accounts Accounts Receivable - Trade, Net Notes Receivable - Short Term Receivables - Other Total Receivables, Net Inventories - Finished Goods Inventories - Work In Progress Inventories - Raw Materials Inventories - Other LIFO Reserve Total Inventory Prepaid Expenses Restricted Cash - Current Deferred Income Tax - Current Asset Discountinued Operations - Current Asset Other Current Assets Other Current Assets, Total Total Current Assets Buildings - Gross Land/Improvements - Gross Machinery/Equipment - Gross Construction in Progress - Gross Leases - Gross Natural Resources - Gross Other Property/Plant/Equipment - Gross Property/Plant/Equipment, Total - Gross Accumulated Depreciation, Total Property/Plant/Equipment, Total - Net Goodwill - Gross Accumulated Goodwill Amortization Goodwill, Net Intangibles - Gross Accumulated Intangible Amortization Intangibles, Net LT Investment - Affiliate Companies LT Investments - Other Long Term Investments Note Receivable - Long Term Deferred Charges

2009 Q1 2008 Q4 3/31/2009 12/31/2008 Update Restated 3/31/2009 3/31/2009 10-Q 10-Q 5/5/2009 5/5/2009 Complete Complete --102.090 144.390 --102.090 144.390 298.830 312.550 (5.210) (5.950) 293.610 306.590 --16.360 14.690 309.980 321.280 64.640 64.500 14.990 14.560 82.610 85.150 ----162.240 164.210 ----28.710 31.810 --60.360 56.030 89.070 87.840 663.380 717.720 --33.610 36.130 412.680 414.580 --------446.280 450.710 (151.340) (142.990) 294.940 307.720 ----1,215.560 1,285.850 762.270 796.240 (329.070) (314.350) 433.200 481.890 -----------

2008 Q3 9/30/2008 Update 9/30/2008 10-Q 11/4/2008 Complete -147.390 -147.390 327.050 (6.300) 320.750 -18.560 339.310 77.080 16.070 95.080 --188.220 --8.170 -60.630 68.800 743.720 -38.500 423.300 ----461.800 (144.200) 317.600 --1,316.900 815.000 (289.600) 525.400 ------

2008 Q2 6/30/2008 Update 6/30/2008 10-Q 8/5/2008 Complete -152.180 -152.180 346.860 15.870 362.740 -(6.410) 356.330 89.210 17.860 94.210 --201.280 --5.640 -51.480 57.120 766.910 -43.040 433.130 ----476.170 (140.850) 335.320 --1,416.310 864.050 (268.900) 595.150 ------

2008 Q1 3/31/2008 Update 3/31/2008 10-Q 5/6/2008 Complete -95.520 -95.520 347.440 (6.240) 341.200 -19.890 361.090 76.480 17.800 91.080 --185.360 --22.630 -50.200 72.830 714.800 -43.110 415.520 ----458.630 (130.300) 328.330 --1,418.560 863.290 (237.080) 626.210 ------

Pension Benefits - Overfunded Defered Income Tax - Long Term Asset Discontinued Operations - LT Asset Restricted Cash - Long Term Other Long Term Assets Other Long Term Assets, Total Total Assets Accounts Payable Payable/Accrued Accrued Expenses Notes Payable/Short Term Debt Current Port. of LT Debt/Capital Leases Dividends Payable Customer Advances Security Deposits Income Taxes Payable Other Payables Deferred Income Tax - Current Liability Discontinued Operations - Curr Liability Other Current Liabilities Other Current liabilities, Total Total Current Liabilities Long Term Debt Capital Lease Obligations Total Long Term Debt Total Debt Deferred Income Tax - LT Liability Deferred Income Tax Minority Interest Reserves Pension Benefits - Underfunded Other Long Term Liabilities Discontinued Operations - Liabilities Other Liabilities, Total Total Liabilities Redeemable Preferred Stock Redeemable Convertible Preferred Stock Redeemable Preferred Stock, Total Preferred Stock - Non Redeemable Convertible Preferred Stock - Non Rdmbl Treasury Stock - Preferred General Partner Preferred Stock - Non Redeemable, Net Common Stock Limited Partner Common Stock, Total Additional Paid-In Capital Retained Earnings (Accumulated Deficit) Treasury Stock - Common ESOP Debt Guarantee Unrealized Gain (Loss) Translation Adjustment Other Equity Minimum Pension Liability Adjustment

-34.480 --31.760 66.250 2,673.320 192.270 -136.570 0.000 30.870 -36.580 -27.570 -1.930 --66.070 425.790 945.570 -945.570 976.440 90.840 90.840 0 -53.510 77.360 -130.870 1,593.050 0.000 -0.000 -----1,120.930 -1,120.930 -12.770 ----0.000 --

----30.920 118.160 133.610 87.400 --------32.260 30.620 35.920 32.430 63.180 148.780 169.540 119.830 2,856.350 3,052.400 3,283.220 3,207.720 200.730 217.750 243.610 221.720 ----144.700 145.910 148.730 144.200 0.000 0.000 0.000 0.000 34.140 381.860 380.030 380.320 ----24.330 25.770 30.370 34.210 ----18.600 24.070 18.250 27.930 ----1.930 2.940 1.720 0.000 --------44.850 52.780 50.340 62.140 424.420 798.310 822.720 808.370 1,141.000 848.920 915.180 1,218.790 ----1,141.000 848.920 915.180 1,218.790 1,175.140 1,230.770 1,295.210 1,599.110 102.720 170.140 185.690 164.820 102.720 170.140 185.690 164.820 --------55.810 61.870 66.330 68.720 73.620 66.180 67.910 76.820 ----129.430 128.050 134.230 145.540 1,797.570 1,945.410 2,057.820 2,337.520 0.000 0.000 ------0.000 0.000 ----------------------992.180 945.890 935.460 616.360 ----992.180 945.890 935.460 616.360 ----50.290 45.990 38.310 25.190 ----------------(17.790) --------

Other Comprehensive Income Other Equity, Total Total Equity Total Liabilities & Shareholders' Equity Shares Outs - Common Stock Primary Issue Shares Outstanding - Common Issue 2 Shares Outstanding - Common Issue 3 Shares Outstanding - Common Issue 4 Total Common Shares Outstanding Treas Shares - Common Stock Prmry Issue Treasury Shares - Common Issue 2 Treasury Shares - Common Issue 3 Treasury Shares - Common Issue 4 Shares Outstanding - Preferred Issue 1 Shares Outstanding - Preferred Issue 2 Shares Outstanding - Preferred Issue 3 Shares Outstanding - Preferred Issue 4 Shares Outstanding - Preferred Issue 5 Shares Outstanding - Preferred Issue 6 Total Preferred Shares Outstanding Treasury Shares - Preferred Issue 1 Treasury Shares - Preferred Issue 2 Treasury Shares - Preferred Issue 3 Treasury Shares - Preferred Issue 4 Treasury Shares - Preferred Issue 5 Treasury Shares - Preferred Issue 6 Full-Time Employees Part-Time Employees Number of Common Shareholders Accumulated Goodwill Amortization Suppl. Accumulated Intangible Amort, Suppl. Deferred Revenue - Current Deferred Revenue - Long Term Total Risk-Weighted Capital Tier 1 Capital % Total Capital % Trading Account Credit Exposure Non-Performing Loans Assets under Management Reported Total Assets Reported Total Liabilities Shareholders' Equity Excl. Stock Subscr. Reported Shareholder's Equity Reported Net Assets Reported Net Assets to Total Assets Reported Return on Assets Reported Return on Equity

(53.440) 34.090 115.120 251.630 228.660 (53.440) 16.300 115.120 251.630 228.660 1,080.270 1,058.780 1,106.990 1,225.400 870.210 2,673.320 2,856.350 3,052.400 3,283.220 3,207.720 36.800 34.490 34.470 34.310 30.780 ---------------36.800 34.490 34.470 34.310 30.780 -0.000 -------------------------------------------------------------------------------------------------------329.070 314.350 289.600 268.900 237.080 36.580 24.330 25.770 30.370 34.210 ---------------------------------------------------------------------------------

Cash Flow (Indirect) - Interim - Standardised in Millions of US Dollar [+] Add Item Fiscal Period: Period End Date: Period Length: Update Type: Update Date:

2009 Q1 2008 Q4 3/31/2009 12/31/2008 3 Months 12 Months Update Update 3/31/2009 12/31/2008

2008 Q3 9/30/2008 9 Months Update 9/30/2008

2008 Q2 2008 Q1 6/30/2008 3/31/2008 6 Months 3 Months Update Reclassified 6/30/2008 3/31/2009

Source Source Date: Complete Statement: Net Income/Starting Line Depreciation Depreciation/Depletion Amortization of Intangibles Amortization of Acquisition Costs Amortization Deferred Taxes Accounting Change Discontinued Operations Extraordinary Item Unusual Items Purchased R&D Equity in Net Earnings (Loss) Other Non-Cash Items Non-Cash Items Accounts Receivable Inventories Prepaid Expenses Other Assets Accounts Payable Accrued Expenses Payable/Accrued Taxes Payable Other Liabilities Other Assets & Liabilities, Net Other Operating Cash Flow Changes in Working Capital Cash from Operating Activities Purchase of Fixed Assets Purchase/Acquisition of Intangibles Software Development Costs Capital Expenditures Acquisition of Business Sale of Business Sale of Fixed Assets Sale/Maturity of Investment Investment, Net Purchase of Investments Sale of Intangible Assets Intangible, Net Other Investing Cash Flow Other Investing Cash Flow Items, Total Cash from Investing Activities Other Financing Cash Flow Financing Cash Flow Items Cash Dividends Paid - Common Cash Dividends Paid - Preferred Total Cash Dividends Paid Sale/Issuance of Common Repurchase/Retirement of Common Common Stock, Net

10-Q 5/5/2009 Complete (19.730) 36.240 36.240 --0 (7.650) ---9.960 --5.030 14.990 11.300 1.970 --(7.080) -0.320 -12.380 --18.880 42.730 (13.710) --(13.710) (1.220) -------0.660 (0.550) (14.270) (0.590) (0.590) ---0.720 0 0.720

10-K 2/26/2009 Complete 28.060 173.670 173.670 --0 (38.070) ----0.000 -1.860 1.860 19.860 4.910 --7.710 -(6.550) -1.690 --27.630 193.150 (63.430) --(63.430) (6.900) --0.000 -0.000 --3.250 (3.650) (67.080) 0.500 0.500 ---324.490 0 324.490

10-Q 11/4/2008 Complete 23.750 133.300 133.300 --0 (27.470) ----0.000 -7.550 7.550 1.830 (19.100) --15.550 -15.370 -5.440 --19.100 156.220 (41.420) --(41.420) (0.100) --0.000 ----1.380 1.290 (40.140) (0.250) (0.250) ---323.420 0 323.420

10-Q 8/5/2008 Complete 16.080 89.470 89.470 --0 (14.420) ----0.000 -11.620 11.620 (15.190) (32.160) --12.480 -39.560 -13.010 --17.710 120.450 (28.970) --(28.970) (0.100) --0.000 ----1.380 1.280 (27.680) (0.070) (0.070) ---317.540 0 317.540

10-Q 5/5/2009 Complete 0.950 44.320 44.320 --0 (19.230) ---0.000 --8.130 8.130 (19.950) (16.240) --5.390 -36.500 -16.540 --22.250 56.420 (13.120) --(13.120) (0.100) -------0.900 0.800 (12.320) 3.590 3.590 ---2.570 0 2.570

Sale/Issuance of Preferred Repurchase/Retirement of Preferred Preferred Stock, Net Sale/Issuance of Common/Preferred Repurch./Retirement of Common/Preferred Options Exercised Warrants Converted Treasury Stock Issuance (Retirement) of Stock, Net Short Term Debt Issued Short Term Debt Reduction Short Term Debt, Net Long Term Debt Issued Long Term Debt Reduction Long Term Debt, Net Total Debt Issued Total Debt Reduction Issuance (Retirement) of Debt, Net Cash from Financing Activities Foreign Exchange Effects Net Change in Cash Net Cash - Beginning Balance Net Cash - Ending Balance Cash Interest Paid Cash Taxes Paid Reported Cash from Operating Activities Reported Cash from Investing Activities Reported Cash from Financing Activities

ROE ROA ROIC

Short-term Debt Long-Term Debt Preferred Stock Equity Common Stock Equity Invested Capital $ Revenue / $ Invested Capital LTM EBITDA

--------0.720 ----(67.550) (67.550) --(67.550) (67.410) (3.350) (42.300) 144.390 102.090 15.450 1.490 ----

--------324.490 ---0.000 (388.370) (388.370) --(388.370) (63.380) (10.290) 52.400 91.990 144.390 72.300 26.380 ----

--------323.420 ---0.000 (384.430) (384.430) --(384.430) (61.250) 0.570 55.400 91.990 147.390 58.200 16.700 ----

--------317.540 ---0.000 (350.750) (350.750) --(350.750) (33.280) 0.700 60.190 91.990 152.180 42.250 13.560 ----

--------2.570 ----(46.770) (46.770) --(46.770) (40.610) 0.040 3.530 91.990 95.520 18.390 3.900 ----

2009 Q1

2008 Q4

2008 Q3

2008 Q2

2008 Q1

0.6% 0.2% 1.4%

3.4% 0.9% 2.3%

3.7% 0.8% 2.9%

2.4% 0.5% 3.4%

(3.5%) (1.8%) 6.4%

$30.9 945.6 -1,080.3 $2,056.7

$34.1 1,141.0 -1,058.8 $2,233.9

$381.9 848.9 -1,107.0 $2,337.8

$380.0 915.2 -1,225.4 $2,520.6

$380.3 1,218.8 -870.2 $2,469.3

$0.88

$0.85

$0.84

$0.76

$0.73

$204.1

DuPont ROE Analysis Net Income Revenue Profit Margin

$5 1,820 0.3%

$26 1,910 1.4%

$26 1,958 1.3%

$15 1,907 0.8%

($22) 1,795 (1.2%)

Revenue Total Assets Asset Utilization

$1,820 2,673 0.7x

$1,910 2,856 0.7x

$1,958 3,052 0.6x

$1,907 3,283 0.6x

$1,795 3,208 0.6x

Return on Assets

0.2%

0.9%

0.8%

0.4%

(0.7%)

2,673 870 3.1x

2,856 759 3.8x

3,052 698 4.4x

3,283 616 5.3x

3,208 633 5.1x

Return on Equity

0.6%

3.4%

3.7%

2.4%

(3.5%)

Gross Profit SG&A R&D D&A Taxes NOPAT

$614 $287 $123 $166 $3 $35

$647 $296 $121 $174 $3 $54

$658 $299 $119 $174 ($2) $67

$640 $287 $114 $169 ($6) $76

$589 $272 $108 $159 ($21) $71

$31 $946 $1,080 $2,057

$34 $1,141 $1,059 $2,234

$382 $849 $1,107 $2,338

$380 $915 $1,225 $2,521

$380 $1,219 $870 $2,469

ROIC

1.4%

2.3%

2.9%

3.4%

6.4%

OCF Capex FCF

$179 ($64) $115

$193 ($63) $130

$200 ($52) $148

$191 ($51) $140

$181 ($45) $136

$5

$26

$26

$15

($22)

2141.7%

497.6%

954.2%

(607.1%)

Total Assets Beginning Common Equity Leverage

ST debt LT debt Equity Invested Capital

Net Income FCF Conversion (FCF/NI)

574.7%

2007 Q4 12/31/2007 3 Months Update 12/31/2007 10-K 2/26/2008 Complete 480.540 ---480.540 ---480.540 324.110 -324.110 156.440 71.790 --71.790 27.090 -25.870 -25.870 --------0.160 -----0.160 -----

2007 Q3 9/30/2007 3 Months Update 9/30/2007 10-Q 11/7/2007 Complete 434.030 ---434.030 ---434.030 289.220 -289.220 144.810 63.180 --63.180 26.500 -25.860 -25.860 --------0.270 -----0.270 -----

2007 Q2 6/30/2007 3 Months Update 6/30/2007 10-Q 8/9/2007 Complete 401.560 ---401.560 ---401.560 276.850 -276.850 124.710 61.780 --61.780 25.520 -25.220 -25.220 --------35.550 -----35.550 -----

2007 Q1 2006 Q4 2006 Q3 2006 Q2 2006 Q1 2005 Q4 2005 Q3 3/31/2007 12/31/2006 9/30/2006 6/30/2006 3/31/2006 12/31/2005 9/30/2005 3 Months 3 Months 3 Months 3 Months 3 Months 3 Months 3 Months Update Update Update Update Update Update Update 3/31/2007 12/31/2006 9/30/2006 6/30/2006 3/31/2006 12/31/2005 9/30/2005 10-Q 10-K 10-Q 10-Q 10-Q 10-K 10-Q 5/8/2007 2/23/2007 11/6/2006 7/27/2006 5/4/2006 2/24/2006 11/4/2005 Complete Complete Complete Complete Complete Complete Complete 147.910 159.970 164.710 163.810 155.550 159.950 141.150 ---------------------147.910 159.970 164.710 163.810 155.550 159.950 141.150 ---------------------147.910 159.970 164.710 163.810 155.550 159.950 141.150 86.590 95.760 97.280 94.780 88.780 95.100 80.120 -------86.590 95.760 97.280 94.780 88.780 95.100 80.120 61.330 64.210 67.430 69.030 66.770 64.850 61.030 29.160 31.720 27.640 28.840 27.600 27.230 25.330 --------------29.160 31.720 27.640 28.840 27.600 27.230 25.330 15.820 15.360 15.630 14.920 12.870 11.940 11.810 -------7.040 7.920 8.280 7.610 7.310 9.700 9.710 -------7.040 7.920 8.280 7.610 7.310 9.700 9.710 --------------------------------------------------------0.000 0.000 -0.000 0.000 0.000 --0.000 0.000 0.000 -0.000 0.000 ----------------------------0.000 0.000 0.000 0.000 0.000 0.000 0.000 -----------------------------

---449.010 31.530 (26.690) -(26.690) 1.590 -1.590 -(25.100) ----(5.630) (5.630) 0.800 (3.210) 4.000 ---4.000 -----4.000 ------4.000 4.000 30.610 0.130 0.130 -4.000 32.730 0.120 0.120 0.000 ------

---405.030 29.000 (34.850) -(34.850) 0.590 -0.590 -(34.270) ----(0.870) (0.870) (6.140) (2.690) (3.450) ---(3.450) -----(3.450) ------(3.450) (3.450) 30.420 (0.110) (0.110) 0.000 (3.450) 30.420 (0.110) (0.110) 0.000 ------

---424.920 (23.360) (22.930) -(22.930) 2.220 -2.220 -(20.710) ----5.430 5.430 (38.640) (14.760) (23.880) ---(23.880) -----(23.880) ------(23.880) (23.880) 30.070 (0.790) (0.790) 0.000 (23.880) 30.070 (0.790) (0.790) 0.000 ------

---138.610 9.300 (5.500) -(5.500) 6.090 -6.090 -0.590 ----1.510 1.510 11.400 4.220 7.180 ---7.180 -----7.180 ------7.180 7.180 27.200 0.260 0.260 -7.180 27.980 0.260 0.260 0.000 ------

---150.750 9.220 (5.430) -(5.430) 5.310 -5.310 -(0.120) ----(0.340) (0.340) 8.760 1.490 7.270 ---7.270 -----7.270 ------7.270 7.270 25.620 0.280 0.280 -7.270 26.380 0.280 0.280 0.000 ------

---------148.830 146.150 136.570 15.880 17.660 18.990 (4.030) (2.590) (5.750) ---(4.030) (2.590) (5.750) 3.470 0.360 0.360 ---3.470 0.360 0.360 ---(0.560) (2.230) (5.380) ------------(0.190) (0.240) (0.450) (0.190) (0.240) (0.450) 15.130 15.190 13.160 5.910 4.990 6.090 9.220 10.200 7.070 ---------9.220 10.200 7.070 ---------------9.220 10.200 7.070 ------------------9.220 10.200 7.070 9.220 10.200 7.070 25.550 25.420 25.060 0.360 0.400 0.280 0.360 0.400 0.280 ---9.220 10.200 7.070 26.340 26.360 26.070 0.350 0.390 0.270 0.350 0.390 0.270 0.000 0.000 0.000 ----------------

------143.980 126.970 15.980 14.180 (3.660) (4.330) --(3.660) (4.330) 0.140 0.070 --0.140 0.070 --(3.530) (4.260) --------(0.090) (0.540) (0.090) (0.540) 12.360 9.380 (4.570) 3.380 16.930 6.000 ------16.930 6.000 ----------16.930 6.000 ------------16.930 6.000 16.930 6.000 24.820 24.440 0.680 0.250 0.680 0.250 0.000 -16.930 6.000 25.980 25.920 0.650 0.230 0.650 0.230 0.000 0.000 -----------

--0.000 --------0.160 0.950 0.000 (3.210) 4.160 4.160 0.140 0.130 ----2.660 26.690 -15.240 --25.870 -----27.090 -------------------

--0.000 --------0.270 (5.870) 0.000 (2.690) (3.180) (3.180) (0.100) (0.100) ----3.150 34.850 -12.300 --25.860 -----26.500 ----------144.810 29.000 -------

--0.000 --------35.550 (3.090) 0.000 (14.760) 11.670 11.670 0.390 0.390 ----2.970 22.930 -10.470 --25.220 -----25.520 ----------124.710 (23.360) -------

--0.000 --------0.000 11.400 0.000 4.220 7.180 7.180 0.260 0.260 ----2.880 5.500 -4.420 --7.040 -----15.820 -------------------

--0.000 --------0.000 8.760 0.000 1.490 7.270 7.270 0.280 0.280 ----2.890 5.430 -4.050 --7.920 -----15.360 -------------------

--0.000 --------0.000 15.130 0.000 5.910 9.220 9.220 0.360 0.350 ----2.700 4.030 -3.690 --8.280 -----15.630 -------------------

--0.000 --------0.000 15.190 0.000 4.990 10.200 10.200 0.400 0.390 ----2.000 2.590 -3.740 --7.610 -----14.920 -------------------

--0.000 --------0.000 13.160 0.000 6.090 7.070 7.070 0.280 0.270 ----2.100 5.750 -3.630 --7.310 -----12.870 -------------------

--0.000 --------0.000 12.360 0.000 (4.570) 16.930 16.930 0.680 0.650 1.330 15.600 0.670 0.640 -3.660 -3.080 --9.700 -----11.940 -------------------

--0.000 --------0.000 9.380 0.000 3.380 6.000 6.000 0.250 0.230 1.010 4.990 0.200 0.190 -4.330 -2.950 --9.710 -----11.810 -------------------

2007 Q4 12/31/2007 Update 12/31/2007 10-K 2/26/2008 Complete -91.990 0.000 91.990 330.820 (6.390) 324.430 -14.590 339.020 70.740 16.860 81.640 --169.240 --10.730 -42.460 53.190 653.440 -41.750 399.360 ----441.110 (118.110) 323.000 --1,266.130 895.980 (200.080) 695.900 ------

2007 Q3 9/30/2007 Update 9/30/2007 10-Q 11/7/2007 Complete -85.140 0.000 85.140 319.630 (7.030) 312.600 -8.370 320.970 75.930 16.260 93.560 --185.750 --27.290 -47.300 74.590 666.450 -40.830 377.800 ----418.630 (101.010) 317.630 --1,218.380 882.730 (178.770) 703.960 ------

2007 Q2 6/30/2007 Update 6/30/2007 10-Q 8/9/2007 Complete -105.870 0.000 105.870 322.160 (5.680) 316.480 -9.490 325.970 67.880 16.420 85.810 1.030 -171.140 --25.530 -48.520 74.050 677.030 -39.440 359.480 ----398.920 (88.970) 309.950 --1,248.790 775.070 (151.700) 623.380 ------

2007 Q1 2006 Q4 2006 Q3 2006 Q2 2006 Q1 2005 Q4 2005 Q3 3/31/2007 12/31/2006 9/30/2006 6/30/2006 3/31/2006 12/31/2005 9/30/2005 Update Reclassified Update Update Update Update Update 3/31/2007 12/31/2007 9/30/2006 6/30/2006 3/31/2006 12/31/2005 9/30/2005 10-Q 10-K 10-Q 10-Q 10-Q 10-K 10-Q 5/8/2007 2/26/2008 11/6/2006 7/27/2006 5/4/2006 2/24/2006 11/4/2005 Complete Complete Complete Complete Complete Complete Complete -------621.870 361.410 234.520 46.590 40.660 33.640 11.900 0.000 34.580 171.730 --0.000 -621.870 395.990 406.250 46.590 40.660 33.640 11.900 111.240 100.750 -81.390 -96.700 -(0.620) (0.590) -(0.470) -(0.600) -110.630 100.160 97.030 80.920 83.640 96.110 94.980 -------13.600 9.760 -8.120 -8.320 -124.230 109.920 97.030 89.050 83.640 104.430 94.980 16.570 16.430 23.990 29.060 -16.240 -5.380 5.220 4.420 4.390 -5.830 -27.670 30.840 29.080 25.030 -25.740 -1.120 -1.460 1.490 -1.640 --------50.730 52.500 58.950 59.980 52.510 49.460 50.660 --------------20.280 20.920 22.460 20.630 20.660 23.190 8.020 -------23.090 17.120 23.050 23.600 23.260 10.940 9.530 43.370 38.040 45.500 44.230 43.920 34.140 17.550 840.200 596.450 607.740 239.840 220.730 221.660 175.090 -------2.480 2.480 2.480 2.480 -4.220 -164.650 161.610 153.760 143.990 -144.140 -----------------------------167.130 164.090 156.240 146.470 -148.360 -(79.300) (75.400) (72.420) (71.000) -(70.740) -87.830 88.690 83.820 75.480 69.650 77.620 55.410 --------------127.250 126.270 119.590 119.500 116.040 116.030 116.080 231.060 231.870 221.190 221.120 -211.330 -(126.300) (119.190) (111.250) (102.960) -(88.040) -104.760 112.680 109.940 118.160 115.980 123.290 133.000 ------------------------------------

-75.240 --36.850 112.090 3,050.570 199.000 -127.760 0.000 33.260 -20.910 -17.490 -5.440 --43.840 403.860 1,578.560 -1,578.560 1,611.820 173.500 173.500 --60.620 75.220 -135.850 2,291.760 --------609.900 -609.900 -22.230 -------

-96.370 --39.860 136.220 3,042.640 204.920 -111.020 0.000 374.490 -19.410 -19.120 ----38.530 728.950 1,255.380 -1,255.380 1,629.860 210.770 210.770 --65.540 84.510 -150.050 2,345.140 --------605.180 -605.180 -18.230 -------

--88.810 52.700 ----47.280 26.400 136.100 79.100 2,995.250 1,239.140 210.200 --50.360 130.250 18.920 0.000 0.000 30.420 9.440 --30.700 25.310 --23.830 ---------54.540 25.310 425.410 104.030 1,611.030 469.350 --1,611.030 469.350 1,641.450 478.790 210.390 -210.390 -----65.040 -67.570 32.940 --132.610 32.940 2,379.440 606.310 ----------------598.860 585.450 --598.860 585.450 --21.680 45.560 -------------

-47.400 --17.040 64.440 988.520 35.800 -30.620 0.000 8.000 -27.450 -1.720 -0.000 --29.170 103.580 469.320 -469.320 477.320 0.000 0.000 --0.000 24.630 -24.630 597.540 --------351.020 -351.020 -38.380 -------

-46.780 --17.160 63.940 985.020 -52.670 24.800 0.000 9.140 -27.610 ------27.610 114.210 469.300 -469.300 478.440 -----23.360 -23.360 606.870 --------345.400 -345.400 -31.110 -------

-52.330 --8.660 60.990 613.970 -49.420 20.060 0.000 7.930 -26.380 ------26.380 103.780 124.270 -124.270 132.200 -----22.840 -22.840 250.890 --------339.640 -339.640 -21.890 -------

-51.260 --7.920 59.180 581.580 -46.990 18.630 0.000 11.000 -24.140 ------24.140 100.760 128.230 -128.230 139.230 -----14.000 -14.000 242.990 --------326.140 -326.140 -11.690 -------

-48.960 --11.320 60.280 598.880 -46.220 23.730 0.000 12.870 -22.760 ------22.760 105.580 162.550 -162.550 175.430 -----13.220 -13.220 281.350 --------312.050 -312.050 -4.620 -------

-58.430 --11.960 70.390 549.960 -38.000 21.570 0.000 7.460 -20.260 ------20.260 87.290 153.460 -153.460 160.920 -----11.630 -11.630 252.380 --------308.840 -308.840 -(12.310) -------

126.670 126.670 758.800 3,050.570 30.640 ---30.640 ---------------------200.080 20.910 -----------------

74.090 74.090 697.500 3,042.640 30.610 ---30.610 ---------------------178.770 19.410 -----------------

2007 Q4 12/31/2007 12 Months Update 12/31/2007

2007 Q3 9/30/2007 9 Months Update 9/30/2007

(4.720) 1.820 (4.720) 1.820 615.810 632.830 2,995.250 1,239.140 30.330 30.010 ------30.330 30.010 ------------------------------------------151.700 126.300 30.700 25.310 --------------------------------2007 Q2 6/30/2007 6 Months Update 6/30/2007

1.590 1.590 390.980 988.520 25.680 ---25.680 ---------------------119.190 27.450 -----------------

1.640 1.550 0.760 1.640 1.550 0.760 378.150 363.080 338.590 985.020 613.970 581.580 25.590 25.490 25.360 ---------25.590 25.490 25.360 ---------------------------------------------------------------111.250 102.960 -27.610 26.380 24.140 -------------------------------------------------

2007 Q1 2006 Q4 2006 Q3 3/31/2007 12/31/2006 9/30/2006 3 Months 12 Months 9 Months Update Update Update 3/31/2007 12/31/2006 9/30/2006

2006 Q2 6/30/2006 6 Months Update 6/30/2006

0.870 1.050 0.870 1.050 317.530 297.580 598.880 549.960 24.870 24.440 ------24.870 24.440 ------------------------------------------88.040 -22.760 20.260 ---------------------------------

2006 Q1 2005 Q4 2005 Q3 3/31/2006 12/31/2005 9/30/2005 3 Months 12 Months 9 Months Update Update Update 3/31/2006 12/31/2005 9/30/2005

10-K 10-Q 10-Q 2/26/2008 11/7/2007 8/9/2007 Complete Complete Complete (16.140) (20.150) (16.700) 126.440 85.330 47.160 126.440 85.330 47.160 ------0 0 0 (36.370) (47.420) (30.130) ------------35.980 35.820 35.550 ---30.080 32.410 7.160 66.050 68.230 42.710 (40.720) (15.230) (12.600) 19.420 2.800 17.980 ------0.200 (6.510) (7.300) ---10.030 24.200 25.810 ---4.420 (1.600) (4.000) ------(6.650) 3.660 19.890 133.330 89.650 62.920 (40.600) (30.170) (18.310) ------(40.600) (30.170) (18.310) (1,716.250) (1,716.140) (1,715.630) ------35.000 35.000 35.000 ---0.000 0.000 -------7.440 0.050 5.900 (1,673.810) (1,681.090) (1,674.730) (1,714.420) (1,711.260) (1,693.040) (20.180) (22.010) (18.030) (20.180) (22.010) (18.030) ---------247.620 243.150 236.220 0 --247.620 243.150 236.220

10-Q 5/8/2007 Complete 7.180 11.460 11.460 --0 1.680 ------(2.470) (2.470) (14.300) 1.670 --(5.300) -8.960 -(0.110) --(9.080) 8.770 (8.620) --(8.620) (0.150) --35.000 ----(5.740) 29.120 20.490 1.610 1.610 ---229.590 -229.590

10-K 10-Q 10-Q 10-Q 2/23/2007 11/6/2006 7/27/2006 5/4/2006 Complete Complete Complete Complete 33.760 26.490 17.270 7.070 46.230 34.270 22.290 10.940 46.230 34.270 22.290 10.940 --------0 0 0 0 1.620 2.780 (0.950) 0.240 ---------------0.240 -0.000 0.000 -----20.000 9.020 6.450 2.330 20.000 9.020 6.450 2.570 (3.280) 9.420 18.040 20.790 (1.600) (8.550) (9.580) (3.060) --------(1.770) 1.090 (3.620) (4.610) ----(8.280) 3.620 1.140 2.640 ----8.080 8.850 5.730 0.820 --------(6.840) 14.430 11.710 16.580 94.770 86.990 56.770 37.390 (31.740) (25.880) (14.420) (6.250) --------(31.740) (25.880) (14.420) (6.250) (21.120) (7.320) (7.780) 0.000 --------170.430 0.000 0.000 1.000 ----(205.000) (170.430) ----------1.920 1.510 1.440 (0.710) (53.760) (176.250) (6.330) 0.300 (85.500) (202.130) (20.750) (5.960) 0.950 0.350 8.310 4.280 0.950 0.350 8.310 4.280 ------------15.250 13.380 11.330 6.190 ----15.250 13.380 11.330 6.190

10-K 10-Q 2/24/2006 11/4/2005 Complete Complete 33.060 16.130 51.570 38.790 51.570 38.790 ----0 0 (22.020) (16.310) ------0.000 -0.000 ---17.510 16.640 17.510 16.640 (14.180) (4.740) (4.000) (5.200) ----9.770 7.610 --4.430 0.360 --3.480 (3.720) ----(0.500) (5.690) 79.620 49.550 (31.970) (10.260) ----(31.970) (10.260) 0.000 0.000 --2.630 2.630 --0.000 --0.000 ----(1.220) (0.850) 1.400 1.780 (30.570) (8.480) (0.360) (0.360) (0.360) (0.360) ------84.730 82.270 --84.730 82.270

--------247.620 ---1,159.020 (76.100) 1,082.920 --1,082.920 1,310.360 1.310 (269.420) 361.410 91.990 76.320 21.710 ----

--------243.150 ---1,159.030 (37.280) 1,121.750 --1,121.750 1,342.890 2.450 (276.270) 361.410 85.140 50.450 12.640 ----

--------236.220 --0.000 1,159.030 (2.890) 1,156.140 --1,156.140 1,374.330 0.260 (255.530) 361.410 105.870 31.270 7.430 ----

--------229.590 ----0.000 0.000 --0.000 231.200 0.000 260.470 361.410 621.870 4.370 2.080 ----

--------15.250 --0.000 345.000 (42.700) 302.300 --302.300 318.490 0.000 327.770 33.640 361.410 5.230 3.430 ----

------------------------13.380 11.330 6.190 ---------345.000 0.000 -(42.700) (42.700) (34.890) 302.300 (42.700) (34.890) ------302.300 (42.700) (34.890) 316.020 (23.070) (24.410) 0.000 0.000 -200.880 12.950 7.020 33.640 33.640 33.640 234.520 46.590 40.660 5.740 5.620 0.380 3.220 0.830 0.110 ----------

--------84.730 --0.000 14.800 (126.200) (111.400) --(111.400) (27.030) -22.010 11.620 33.640 14.310 1.280 ----

--------82.270 --0.000 0.000 (122.700) (122.700) --(122.700) (40.800) -0.270 11.620 11.900 8.990 1.540 ----

2007 Q4

2007 Q3

2007 Q2

2007 Q1

2006 Q4

2006 Q3 2006 Q2 2006 Q1

2005 Q4 2005 Q3

(4.1%) (1.6%) 6.5%

(3.4%) (1.3%) 4.7%

(0.1%) (0.0%) 5.5%

10.0% 5.8% 4.1%

10.6% 5.6% 5.7%

14.6% 7.9% 9.1%

14.7% 7.5% 9.7%

20.8% 7.4% 10.2%

17.9% 5.9% 8.4%

4.9% 1.6% 5.4%

$33.3 1,578.6 -758.8 $2,370.6

$374.5 1,255.4 -697.5 $2,327.4

$30.4 1,611.0 -615.8 $2,257.3

$9.4 469.4 -632.8 $1,111.6

$8.0 469.3 -391.0 $868.3

$9.1 469.3 -378.2 $856.6

$7.9 124.3 -363.1 $495.3

$11.0 128.2 -338.6 $477.8

$12.9 162.6 -317.5 $493.0

$7.5 153.5 -297.6 $458.5

$0.62

$0.49

$0.39

$0.57

$0.74

$0.75

$1.25

$1.24

$1.12

$1.14

($16) 1,464 (1.1%)

($13) 1,143 (1.1%)

($0) 874 (0.0%)

$34 636 5.3%

$34 644 5.2%

$43 644 6.7%

$40 620 6.5%

$39 592 6.6%

$33 553 6.0%

$9 524 1.7%

$1,464 3,051 0.5x

$1,143 3,043 0.4x

$874 2,995 0.3x

$636 1,239 0.5x

$644 989 0.7x

$644 985 0.7x

$620 614 1.0x

$592 582 1.0x

$553 599 0.9x

$524 550 1.0x

(0.5%)

(0.4%)

(0.0%)

2.7%

3.4%

4.4%

6.5%

6.8%

5.5%

1.7%

3,051 391 7.8x

3,043 378 8.0x

2,995 363 8.2x

1,239 339 3.7x

989 318 3.1x

985 298 3.3x

614 274 2.2x

582 189 3.1x

599 184 3.2x

550 186 3.0x

(4.1%)

(3.4%)

(0.1%)

10.0%

10.6%

14.6%

14.7%

20.8%

17.9%

4.9%

$487 $226 $95 $126 ($16) $56

$395 $186 $83 $97 ($12) $40

$318 $150 $72 $71 ($3) $27

$262 $117 $62 $47 $17 $20

$267 $116 $59 $46 $18 $28

$268 $111 $55 $47 $12 $42

$262 $109 $52 $48 $10 $44

$249 $105 $48 $50 $0 $46

$234 $101 $47 $52 ($6) $39

$224 $98 $47 $58 ($6) $27

$33 $1,579 $759 $2,371

$374 $1,255 $698 $2,327

$30 $1,611 $616 $2,257

$9 $469 $633 $1,112

$8 $469 $391 $868

$9 $469 $378 $857

$8 $124 $363 $495

$11 $128 $339 $478

$13 $163 $318 $493

$7 $153 $298 $459

6.5%

4.7%

5.5%

4.1%

5.7%

9.1%

9.7%

10.2%

8.4%

5.4%

$133 ($41) $93

$97 ($36) $61

$101 ($36) $65

$66 ($34) $32

$95 ($32) $63

$117 ($48) $69

$100 ($41) $59

$93 ($37) $57

$80 ($32) $48

$75 ($13) $62

($16)

($13)

($0)

$34

$34

$43

$40

$39

$33

$9

(476.7%) (31090.5%)

94.6%

(574.2%)

186.7%

160.0%

146.0%

144.4%

144.1%

680.0%

2005 Q2 6/30/2005 3 Months Update 6/30/2005 10-Q 8/3/2005 Complete 135.120 ---135.120 ---135.120 78.380 -78.380 56.740 25.300 --25.300 11.410 -9.720 -9.720 ---------0.000 ----0.000 -----

2005 Q1 2004 Q4 3/31/2005 12/31/2004 3 Months 3 Months Update Update 3/31/2005 12/31/2004 10-Q 10-K 5/3/2005 3/11/2005 Complete Complete 116.470 131.450 ------116.470 131.450 ------116.470 131.450 65.470 76.390 --65.470 76.390 51.000 55.050 23.210 24.610 ----23.210 24.610 11.910 11.420 --9.720 16.630 --9.720 16.630 -----------------6.400 0.390 3.250 -0.000 ------0.390 9.650 ---------

2004 Q3 9/30/2004 3 Months Update 9/30/2004 10-Q/A 2/7/2005 Complete 122.500 ---122.500 ---122.500 73.020 -73.020 49.490 21.250 --21.250 11.890 -7.220 -7.220 --------0.000 1.570 0.000 ---1.570 -----

2004 Q2 6/30/2004 3 Months Update 6/30/2004 10-Q/A 2/7/2005 Complete 79.640 ---79.640 ---79.640 43.380 -43.380 36.260 18.920 --18.920 10.550 -2.030 -2.030 --------0.000 0.050 ----0.050 -----

---124.810 10.310 (6.390) -(6.390) 0.090 -0.090 -(6.290) ----0.450 0.450 4.470 (4.840) 9.310 ---9.310 -----9.310 ------9.310 9.310 22.810 0.410 0.410 -9.310 24.420 0.380 0.380 0.000 ------

---110.700 5.770 (4.570) -(4.570) 0.000 -0.000 -(4.560) ----0.100 0.100 1.310 0.490 0.820 ---0.820 -----0.820 ------0.820 0.820 21.450 0.040 0.040 -0.820 22.740 0.040 0.040 0.000 ------

---138.700 (7.260) (4.980) -(4.980) 0.010 (0.010) 0.000 -(4.980) ----0.100 0.100 (12.140) (5.140) (7.010) ---(7.010) -----(7.010) ------(7.010) (7.010) 21.210 (0.330) (0.330) 0.000 (7.010) 21.210 (0.330) (0.330) 0.000 ------

---114.950 7.560 (5.150) -(5.150) 0.020 0.010 0.040 -(5.110) ----0.250 0.250 2.700 1.030 1.670 ---1.670 -----1.670 ------1.670 1.670 20.980 0.080 0.080 0.000 1.670 22.050 0.080 0.080 0.000 ------

---74.940 4.700 (2.260) -(2.260) 0.110 0.010 0.120 -(2.140) ----(1.010) (1.010) 1.550 0.730 0.820 ---0.820 -----0.820 ------0.820 0.820 20.850 0.040 0.040 0.000 0.820 22.110 0.040 0.040 0.000 ------

--0.000 --------0.000 4.470 0.000 (4.840) 9.310 9.310 0.410 0.380 1.940 7.380 0.320 0.300 -6.390 -3.430 --9.720 -----11.410 -------------------

--0.000 --------0.390 1.700 0.150 0.640 1.060 1.060 0.050 0.050 1.130 (0.310) (0.010) (0.010) -4.570 -3.260 --9.720 -----11.910 -------------------

--0.000 --------9.650 (2.490) 1.140 (4.000) 1.510 1.510 0.070 0.070 1.220 (8.230) (0.390) (0.390) -4.980 -2.900 --16.630 -----11.420 -------------------

--0.000 --------1.570 4.270 0.600 1.620 2.640 2.640 0.130 0.120 1.800 (0.130) (0.010) (0.010) -5.150 -3.210 --7.220 -----11.890 -------------------

--0.000 --------0.050 1.600 0.020 0.760 0.850 0.850 0.040 0.040 1.260 (0.450) (0.020) (0.020) -2.260 -2.360 --2.030 -----10.550 -------------------

2005 Q2 6/30/2005 Update 6/30/2005 10-Q 8/3/2005 Complete -9.960 -9.960 --85.920 --85.920 18.610 5.860 20.300 1.580 -46.350 --10.910 -6.140 17.060 159.290 -2.260 123.620 ----125.880 (71.900) 53.980 --115.510 --142.700 ------

2005 Q1 2004 Q4 3/31/2005 12/31/2004 Update Update 3/31/2005 12/31/2004 10-Q 10-K 5/3/2005 3/11/2005 Complete Complete --15.630 11.620 --15.630 11.620 ----73.890 90.100 ----73.890 90.100 17.940 17.900 6.350 5.150 16.730 20.570 1.800 1.830 --42.820 45.460 ----19.420 22.730 --9.990 5.480 29.410 28.210 161.740 175.390 ------------------54.820 59.690 ----115.670 117.470 ----152.420 162.140 -----------

2004 Q3 9/30/2004 Update 9/30/2004 10-Q/A 2/7/2005 Complete -11.320 -11.320 --80.020 --80.020 24.350 6.880 18.020 1.690 -50.950 --13.600 -7.080 20.680 162.970 ---------61.270 --191.710 --108.760 ------

2004 Q2 6/30/2004 Update 6/30/2004 10-Q/A 2/7/2005 Complete -2.230 -2.230 --61.720 --61.720 -----20.360 --5.270 -3.850 9.120 93.420 ---------44.430 --90.440 --18.930 ------

-51.580 --13.000 64.580 536.060 -39.560 16.720 0.000 8.270 -19.120 ------19.120 83.670 167.980 -167.980 176.250 -----10.780 -10.780 262.430 --------291.460 -291.460 -(18.310) -------

-32.190 --15.260 47.450 532.110 -32.410 15.640 0.000 8.540 -19.850 ------19.850 76.440 255.490 -255.490 264.030 -----11.300 -11.300 343.230 --------215.810 -215.810 -(27.630) -------

-27.250 --15.210 42.460 557.150 -37.440 13.950 0.000 42.890 -22.990 ------22.990 117.270 242.590 -242.590 285.480 -----12.870 -12.870 372.720 --------211.920 -211.920 -(28.440) -------

-31.060 --13.530 44.580 569.300 -34.130 15.840 0.000 9.580 -10.890 ------10.890 70.440 300.230 -300.230 309.820 -----13.070 -13.070 383.740 --------206.900 -206.900 -(21.440) -------

-39.350 -128.310 9.990 177.640 424.860 -22.820 10.920 21.000 25.430 -11.240 ------11.240 91.410 140.230 -140.230 186.660 -----11.030 -11.030 242.670 --------205.760 -205.760 -(23.110) -------

0.490 0.490 273.640 536.060 22.810 ---22.810 ----------------------19.120 -----------------

0.690 0.690 188.870 532.110 21.760 ---21.760 ----------------------19.850 -----------------

0.950 0.950 184.430 557.150 21.330 ---21.330 ----------------------22.990 -----------------

0.090 (0.460) 0.090 (0.460) 185.560 182.190 569.300 424.860 21.150 20.980 ------21.150 20.980 --------------------------------------------10.890 11.240 ---------------------------------

2005 Q2 2005 Q1 2004 Q4 2004 Q3 2004 Q2 6/30/2005 3/31/2005 12/31/2004 9/30/2004 6/30/2004 6 Months 3 Months 12 Months 9 Months 6 Months Reclassified Reclassified Update Reclassified Update 6/30/2006 3/31/2006 12/31/2004 9/30/2005 6/30/2004

10-Q 7/27/2006 Complete 10.130 26.120 26.120 --0 (12.380) ------9.340 9.340 4.320 (0.890) --2.700 -2.180 -(4.940) --3.370 36.590 (5.280) --(5.280) 0.000 -2.640 0.000 ----0.480 3.120 (2.160) (0.240) (0.240) ---72.320 -72.320

10-Q 10-K 10-Q 10-Q/A 5/4/2006 3/11/2005 11/4/2005 2/7/2005 Complete Complete Complete Complete 0.820 (5.260) 1.750 0.080 12.980 38.790 19.260 8.830 12.980 38.790 19.260 8.830 --------0 0 0 0 (1.620) (6.590) (1.280) (1.390) ------------(0.200) 1.110 -0.780 -6.400 -0.000 ---0.000 (0.130) 3.580 2.690 2.270 (0.330) 11.090 2.690 3.050 16.200 15.280 25.710 9.070 2.640 (3.600) (9.010) (4.320) --------1.570 (1.380) 0.440 0.210 ----(4.960) (5.410) (0.860) (7.510) ----(3.550) 10.140 (11.150) (0.820) --------11.880 15.030 5.130 (3.380) 23.740 53.060 27.540 7.180 (1.720) (12.790) (10.000) (6.830) --------(1.720) (12.790) (10.000) (6.830) 0.030 (253.050) (251.830) 0.000 -----0.020 0.010 0.010 0.000 -------------------0.090 (1.280) (1.430) (6.240) 0.120 (254.310) (253.250) (6.230) (1.600) (267.100) (263.250) (13.060) (0.090) (13.760) (13.480) (128.490) (0.090) (13.760) (13.480) (128.490) ------------2.610 8.340 4.780 3.970 ----2.610 8.340 4.780 3.970

--------72.320 ----(108.180) (108.180) --(108.180) (36.100) -(1.670) 11.620 9.960 8.090 1.290 ----

--------2.610 ----(20.660) (20.660) --(20.660) (18.130) -4.000 11.620 15.630 1.950 0.440 ----

--------8.340 --(10.000) 309.080 (74.230) 234.850 --224.850 219.430 -5.380 6.240 11.620 23.850 0.530 ----

--------4.780 --(10.000) 309.080 (49.590) 259.490 --249.490 240.790 -5.080 6.240 11.320 4.400 0.430 ----

--------3.970 --11.000 124.080 (8.700) 115.390 --126.390 1.860 -(4.010) 6.240 2.230 ------

2005 Q2

2005 Q1

2004 Q4

2004 Q3 2004 Q2

$8.5 255.5 -188.9 $452.9

$42.9 242.6 -184.4 $469.9

2.6% 1.1% 6.4% $8.3 168.0 -273.6 $449.9 $1.12

$5 506 0.9% $506 536 0.9x

$9.6 300.2 -185.6 $495.4

$46.4 140.2 -182.2 $368.9

0.9% 536 182 2.9x 2.6% $212 $94 $47 $56 ($8) $24 $8 $168 $274 $450 6.4% $82 ($11) $71 $5 1487.1%

$9 $255 $189 $453

$43 $243 $184 $470

$10 $300 $186 $495

$46 $140 $182 $369

All Financial Reports

Badger Meter Inc Income Statement - Annual Standardised in Millions of US Dollar Fiscal Period: 2008 2007 2006 2005 2004 2003 Period End Date: 12/31/2008 12/31/2007 12/31/2006 12/31/2005 12/31/2004 12/31/2003 Period Length: 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months Update Type: Update Update Update Restated Restated Update Update Date: 12/31/2008 12/31/2007 12/31/2006 12/31/2006 12/31/2006 12/31/2003 Source 10-K 10-K 10-K 10-K 10-K 10-K Source Date: 3/4/2009 2/28/2008 3/6/2007 3/6/2007 3/6/2007 3/5/2004 Complete Statement: Complete Complete Complete Complete Complete Complete Auditor Code: EY EY EY EY EY EY Net Sales 279.550 234.820 229.750 203.640 188.660 183.990 Gross Revenue ------Sales Returns and Allowances ------Excise Tax Receipts ------Revenue 279.550 234.820 229.750 203.640 188.660 183.990 Interest Income, Non-Bank ------Other Revenue ------Other Revenue, Total ------Total Revenue 279.550 234.820 229.750 203.640 188.660 183.990 Cost of Revenue 181.090 153.420 153.130 130.220 123.590 123.470 Excise Taxes Payments ------Cost of Revenue, Total 181.090 153.420 153.130 130.220 123.590 123.470 Gross Profit 98.460 81.400 76.630 73.420 65.070 60.520 Selling/General/Administrative Expense 57.560 50.780 47.840 46.260 43.470 46.420 Labor & Related Expense ------Advertising Expense ------Selling/General/Admin. Expenses, Total 57.560 50.780 47.840 46.260 43.470 46.420 Research & Development 0 0 0 0 0 0 Depreciation ------Amortization of Intangibles ------Amortization of Acquisition Costs ------Depreciation/Amortization ------Interest Expense - Operating ------Interest Capitalized - Operating ------Interest Expense, Net - Operating ------Interest Income - Operating ------Investment Income - Operating ------Interest/Investment Income - Operating ------Interest Expense(Income) - Net Operating ------Interest Exp.(Inc.),Net-Operating, Total ------Purchased R&D Written-Off ------Restructuring Charge ------Litigation ------Impairment-Assets Held for Use ------Impairment-Assets Held for Sale ------Other Unusual Expense (Income) ------Unusual Expense (Income) ------Foreign Currency Adjustment ------Unrealized Losses (Gains) ------Minimum Pension Liability Adjustment -------

Loss(Gain) on Sale of Assets - Operating Other Operating Expense Other, Net Other Operating Expenses, Total Total Operating Expense Operating Income Interest Expense - Non-Operating Interest Capitalized - Non-Operating Interest Expense, Net Non-Operating Interest Income - Non-Operating Investment Income - Non-Operating Interest/Invest Income - Non-Operating Interest Income(Exp), Net Non-Operating Interest Inc.(Exp.),Net-Non-Op., Total Gain (Loss) on Sale of Assets Foreign Currency Adjustment Unrealized Gains (Losses) Minimum Pension Liability Adjustment Other Non-Operating Income (Expense) Other, Net Net Income Before Taxes Provision for Income Taxes Net Income After Taxes Minority Interest Equity In Affiliates U.S. GAAP Adjustment Net Income Before Extra. Items Accounting Change Discontinued Operations Extraordinary Item Tax on Extraordinary Items Total Extraordinary Items Net Income Preferred Dividends General Partners' Distributions Miscellaneous Earnings Adjustment Pro Forma Adjustment Interest Adjustment - Primary EPS Total Adjustments to Net Income Income Available to Com Excl ExtraOrd Income Available to Com Incl ExtraOrd Basic Weighted Average Shares Basic EPS Excluding Extraordinary Items Basic EPS Including Extraordinary Items Dilution Adjustment Diluted Net Income Diluted Weighted Average Shares Diluted EPS Excluding ExtraOrd Items Diluted EPS Including ExtraOrd Items DPS - Common Stock Primary Issue Dividends per Share - Com Stock Issue 2 Dividends per Share - Com Stock Issue 3 Dividends per Share - Com Stock Issue 4 Special DPS - Common Stock Primary Issue

----238.650 40.900 (1.350) -(1.350) ----(1.350) ------39.560 14.470 25.080 ---25.080 -0.000 --0.000 25.080 ------25.080 25.080 14.560 1.720 1.720 -25.080 14.840 1.690 1.690 0.400 -----

----204.200 30.620 (1.290) -(1.290) ----(1.290) ------29.330 10.940 18.390 ---18.390 -(1.930) --(1.930) 16.460 ------18.390 16.460 14.210 1.290 1.160 -16.460 14.620 1.260 1.130 0.340 -----

----200.970 28.790 (1.300) -(1.300) ----(1.300) ------27.490 10.920 16.570 ---16.570 -(9.020) --(9.020) 7.550 ------16.570 7.550 13.870 1.190 0.540 -7.550 14.390 1.150 0.520 0.310 -----

----176.480 27.160 (1.490) -(1.490) ----(1.490) ------25.660 9.500 16.160 ---16.160 -(2.910) --(2.910) 13.250 ------16.160 13.250 13.490 1.200 0.980 -13.250 14.020 1.150 0.950 0.290 -----

----167.060 21.600 (1.280) -(1.280) ----(1.280) ------20.330 8.270 12.060 ---12.060 -(2.420) --(2.420) 9.630 ------12.060 9.630 13.190 0.910 0.730 -9.630 13.610 0.890 0.710 0.280 -----

----169.890 14.100 (1.740) -(1.740) ----(1.740) ----0.990 0.990 13.350 5.770 7.580 ---7.580 -----7.580 ------7.580 7.580 12.900 0.590 0.590 0.000 7.580 13.200 0.570 0.570 0.270 -----

Special DPS - Common Stock Issue 2 Special DPS - Common Stock Issue 3 Special DPS - Common Stock Issue 4 Gross Dividends - Common Stock (Gain) Loss on Sale of Assets, Suppl. Impairment-Assets Held for Sale, Suppl. Impairment-Assets Held for Use, Suppl. Litigation Charge, Supplemental Purchased R&D Written-Off, Supplemental Restructuring Charge, Supplemental Other Unusual Expense(Income), Suppl. Non-Recurring Items, Supplemental, Total Total Special Items Normalized Income Before Taxes Effect of Special Items on Income Taxes Inc Tax Ex Impact of Sp Items Normalized Income After Taxes Normalized Inc. Avail to Com. Basic Normalized EPS Diluted Normalized EPS Pro Forma Stock Compensation Expense Net Income after Stock Based Comp. Exp. Basic EPS after Stock Based Comp. Exp. Diluted EPS after Stock Based Comp. Exp. Stock-Based Compensation, Supplemental Interest Expense, Supplemental Interest Capitalized, Supplemental Depreciation, Supplemental Funds From Operations - REIT Amort of Acquisition Costs, Supplemental Amort of Intangibles, Supplemental Rental Expense, Supplemental EPS, Supplemental Advertising Expense, Supplemental Equity in Affiliates, Supplemental Minority Interest, Supplemental Research & Development Exp, Supplemental Audit Fees Audit-Related Fees Tax Fees All Other Fees Reported Recurring Revenue Reported Net Premiums Written Reported Total Revenue Reported Operating Revenue Reported Total Cost of Revenue Reported Total Sales, General & Admin. Reported Gross Profit Reported Operating Profit Reported Operating Profit Margin Reported Ordinary Profit Reported Net Income After Tax Reported Basic EPS Reported Diluted EPS

---5.860 ---------39.560 -14.470 25.080 25.080 1.720 1.690 ----1.300 1.350 (0.650) 5.950 --1.100 1.400 ----7.100 ----------98.460 -------

---4.880 ---------29.330 -10.940 18.390 18.390 1.290 1.260 ----1.200 1.290 (0.280) 6.310 --0.160 1.500 ----5.700 ----------81.400 -------

---4.330 ---------27.490 -10.920 16.570 16.570 1.190 1.150 ----1.000 1.300 -6.590 --0.420 1.300 ----5.500 ----------76.630 -------

---3.920 ---------25.660 -9.500 16.160 16.160 1.200 1.150 0.290 12.960 0.960 0.920 -1.490 -6.160 --0.200 1.300 ----5.300 ----------73.420 -------

---3.630 ---------20.330 -8.270 12.060 12.060 0.910 0.890 0.330 9.310 0.710 0.680 -1.280 -7.070 --0.150 1.200 ----4.600 ----------65.070 -------

---3.430 ---------13.350 -5.770 7.580 7.580 0.590 0.570 0.350 7.220 0.560 0.550 -1.740 -7.610 --0.160 1.670 ----6.100 ------------------

Reported Net Business Profits

--

--

--

--

--

--

Balance Sheet (Differentiates) Annual - Standardised in Millions of US Dollar Fiscal Period: 2008 2007 2006 2005 2004 2003 Period End Date: 12/31/2008 12/31/2007 12/31/2006 12/31/2005 12/31/2004 12/31/2003 Update Type: Update Update Update Reclassified Update Reclassified Update Date: 12/31/2008 12/31/2007 12/31/2006 12/31/2006 12/31/2004 12/31/2004 Source 10-K 10-K 10-K 10-K 10-K 10-K Source Date: 3/4/2009 2/28/2008 3/6/2007 3/6/2007 3/1/2005 3/1/2005 Complete Statement: Complete Complete Complete Complete Complete Complete Auditor Code: EY EY EY EY EY EY Cash 6.220 8.670 3.000 3.220 2.830 2.090 Cash & Equivalents ------Short Term Investments ------Cash and Short Term Investments 6.220 8.670 3.000 3.220 2.830 2.090 Accounts Receivable - Trade, Gross 36.330 31.170 29.820 ---Provision for Doubtful Accounts (0.560) (0.540) (0.540) ---Accounts Receivable - Trade, Net 35.770 30.640 29.280 27.060 26.880 26.300 Notes Receivable - Short Term ------Receivables - Other ------Total Receivables, Net 35.770 30.640 29.280 27.060 26.880 26.300 Inventories - Finished Goods 13.480 8.230 9.120 7.250 14.120 8.010 Inventories - Work In Progress 10.990 10.660 10.300 9.050 9.050 8.490 Inventories - Raw Materials 14.840 15.210 13.870 11.050 12.470 13.150 Inventories - Other ------LIFO Reserve ------Total Inventory 39.320 34.090 33.290 27.350 35.650 29.650 Prepaid Expenses 2.320 3.450 3.180 2.180 2.020 1.190 Restricted Cash - Current ------Deferred Income Tax - Current Asset 2.910 3.080 3.740 3.430 4.010 3.760 Discountinued Operations - Current Asset -0.000 6.880 9.330 --Other Current Assets ------Other Current Assets, Total 2.910 3.080 10.610 12.760 4.010 3.760 Total Current Assets 86.530 79.930 79.360 72.560 71.380 63.000 Buildings - Gross 45.520 39.450 27.700 24.120 28.250 28.070 Land/Improvements - Gross 7.100 7.180 6.340 6.920 3.490 3.360 Machinery/Equipment - Gross 81.320 79.050 79.220 73.810 75.560 72.650 Construction in Progress - Gross ------Leases - Gross ------Natural Resources - Gross ------Other Property/Plant/Equipment - Gross ------Property/Plant/Equipment, Total - Gross 133.930 125.680 113.250 104.840 107.300 104.080 Accumulated Depreciation, Total (72.110) (71.100) (68.540) (64.510) (65.280) (61.240) Property/Plant/Equipment, Total - Net 61.820 54.580 44.710 40.340 42.020 42.840 Goodwill - Gross ------Accumulated Goodwill Amortization ------Goodwill, Net 6.960 6.960 6.960 6.580 7.100 7.090 Intangibles - Gross 27.070 1.420 1.420 1.290 --Accumulated Intangible Amortization (2.040) (0.950) (0.790) (0.630) --Intangibles, Net 25.030 0.480 0.640 0.660 1.160 1.340 LT Investment - Affiliate Companies ------LT Investments - Other ------Long Term Investments -------

Note Receivable - Long Term Deferred Charges Pension Benefits - Overfunded Defered Income Tax - Long Term Asset Discontinued Operations - LT Asset Restricted Cash - Long Term Other Long Term Assets Other Long Term Assets, Total Total Assets Accounts Payable Payable/Accrued Accrued Expenses Notes Payable/Short Term Debt Current Port. of LT Debt/Capital Leases Dividends Payable Customer Advances Security Deposits Income Taxes Payable Other Payables Deferred Income Tax - Current Liability Discontinued Operations - Curr Liability Other Current Liabilities Other Current liabilities, Total Total Current Liabilities Long Term Debt Capital Lease Obligations Total Long Term Debt Total Debt Deferred Income Tax - LT Liability Deferred Income Tax Minority Interest Reserves Pension Benefits - Underfunded Other Long Term Liabilities Discontinued Operations - Liabilities Other Liabilities, Total Total Liabilities Redeemable Preferred Stock Redeemable Convertible Preferred Stock Redeemable Preferred Stock, Total Preferred Stock - Non Redeemable Convertible Preferred Stock - Non Rdmbl Treasury Stock - Preferred General Partner Preferred Stock - Non Redeemable, Net Common Stock Limited Partner Common Stock, Total Additional Paid-In Capital Retained Earnings (Accumulated Deficit) Treasury Stock - Common ESOP Debt Guarantee Unrealized Gain (Loss) Translation Adjustment

---9.310 --5.710 15.020 195.360 13.230 -8.710 10.000 9.680 ---7.850 ---1.330 9.180 50.790 5.500 -5.500 25.170 0.130 0.130 --26.850 1.060 -27.910 84.340 --------21.070 -21.070 31.560 107.890 (32.170) (0.660) ---

---3.440 0.000 -4.920 8.350 150.300 11.360 -5.990 10.840 2.740 ---8.360 --0.000 1.920 10.280 41.210 3.130 -3.130 16.710 0.240 0.240 --13.120 0.630 -13.750 58.330 --------20.900 -20.900 24.660 89.060 (32.780) (0.680) ---

--0.000 3.510 0.000 -4.210 7.720 139.380 10.600 -6.180 15.090 1.940 ---0.620 --8.320 2.950 11.900 45.710 5.930 -5.930 22.970 0.200 0.200 --15.170 0.560 -15.730 67.560 --------20.550 -20.550 19.430 77.480 (32.860) (0.740) ---

--17.730 0.000 4.000 -4.000 25.730 145.870 9.830 -5.960 5.900 7.430 ---1.650 --5.820 3.050 10.520 39.640 15.360 -15.360 28.690 6.580 6.580 --10.230 0.630 -10.870 72.450 --------20.110 -20.110 13.320 74.260 (32.920) (1.360) ---

--17.290 ---4.010 21.300 142.960 11.400 -6.170 17.540 5.350 ---0.980 ---3.820 4.800 45.250 14.820 -14.820 37.710 7.440 7.440 --11.390 --11.390 78.900 --------9.870 -9.870 18.310 64.930 (30.010) (1.070) ---

--16.240 ---3.350 19.590 133.850 14.900 -5.920 3.540 5.650 ---2.580 ---3.770 6.350 36.350 24.450 -24.450 33.640 5.700 5.700 --12.180 --12.180 78.680 --------9.690 -9.690 15.230 58.930 (28.680) (1.290) ---

Other Equity Minimum Pension Liability Adjustment Other Comprehensive Income Other Equity, Total Total Equity Total Liabilities & Shareholders' Equity Shares Outs - Common Stock Primary Issue Shares Outstanding - Common Issue 2 Shares Outstanding - Common Issue 3 Shares Outstanding - Common Issue 4 Total Common Shares Outstanding Treas Shares - Common Stock Prmry Issue Treasury Shares - Common Issue 2 Treasury Shares - Common Issue 3 Treasury Shares - Common Issue 4 Shares Outstanding - Preferred Issue 1 Shares Outstanding - Preferred Issue 2 Shares Outstanding - Preferred Issue 3 Shares Outstanding - Preferred Issue 4 Shares Outstanding - Preferred Issue 5 Shares Outstanding - Preferred Issue 6 Total Preferred Shares Outstanding Treasury Shares - Preferred Issue 1 Treasury Shares - Preferred Issue 2 Treasury Shares - Preferred Issue 3 Treasury Shares - Preferred Issue 4 Treasury Shares - Preferred Issue 5 Treasury Shares - Preferred Issue 6 Full-Time Employees Part-Time Employees Number of Common Shareholders Accumulated Goodwill Amortization Suppl. Accumulated Intangible Amort, Suppl. Deferred Revenue - Current Deferred Revenue - Long Term Total Risk-Weighted Capital Tier 1 Capital % Total Capital % Trading Account Credit Exposure Non-Performing Loans Assets under Management Reported Total Assets Reported Total Liabilities Shareholders' Equity Excl. Stock Subscr. Reported Shareholder's Equity Reported Net Assets Reported Net Assets to Total Assets Reported Return on Assets Reported Return on Equity

------------(16.670) (9.190) (12.040) 0.000 2.020 1.280 (16.670) (9.190) (12.040) 0.000 2.020 1.280 111.020 91.970 71.820 73.420 64.070 55.170 195.360 150.300 139.380 145.870 142.960 133.850 14.810 14.520 14.150 13.700 13.440 13.170 ------------------14.810 14.520 14.150 13.700 13.440 13.170 6.270 6.380 6.400 6.420 6.300 6.220 ------------------------------------------------------------------------------------------------1,224.000 1,132.000 1,113.000 1,052.000 1,073.000 1,065.000 ------797.000 631.000 -590.000 560.000 535.000 ------2.040 0.950 0.790 0.630 0.600 --------------------------------------------------------------------------------------------------------

Cash Flow (Indirect) - Annual - Standardised in Millions of US Dollar [+] Add Item Fiscal Period: 2008 2007 2006 2005 2004 2003 Period End Date: 12/31/2008 12/31/2007 12/31/2006 12/31/2005 12/31/2004 12/31/2003 Period Length: 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months

Update Type: Update Update Update Update Reclassified Reclassified Update Date: 12/31/2008 12/31/2007 12/31/2006 12/31/2005 12/31/2005 12/31/2005 Source 10-K 10-K 10-K 10-K 10-K 10-K Source Date: 3/4/2009 2/28/2008 3/6/2007 3/6/2006 3/6/2006 3/6/2006 Complete Statement: Complete Complete Complete Complete Complete Complete Auditor Code: EY EY EY EY EY EY Net Income/Starting Line 25.080 16.460 7.550 13.250 9.630 7.580 Depreciation 5.950 6.310 6.590 6.160 7.070 7.610 Depreciation/Depletion 5.950 6.310 6.590 6.160 7.070 7.610 Amortization of Intangibles 1.100 0.160 0.420 0.200 0.150 0.160 Amortization of Acquisition Costs ------Amortization 1.100 0.160 0.420 0.200 0.150 0.160 Deferred Taxes (1.490) (1.150) (2.080) (0.320) 1.520 0.820 Accounting Change ------Discontinued Operations ------Extraordinary Item ------Unusual Items (0.990) (0.500) 1.370 ---Purchased R&D ------Equity in Net Earnings (Loss) ------Other Non-Cash Items 4.670 4.370 4.150 2.400 1.060 2.550 Non-Cash Items 3.680 3.870 5.520 2.400 1.060 2.550 Accounts Receivable (6.030) 0.300 1.370 (4.340) (0.170) (3.100) Inventories (5.580) 0.240 (1.530) 2.690 (5.350) (3.610) Prepaid Expenses 0.370 (0.060) 0.300 (0.340) (0.790) 0.100 Other Assets ------Accounts Payable ------Accrued Expenses ------Payable/Accrued ------Taxes Payable ------Other Liabilities 3.960 2.140 (1.380) (1.340) (6.830) 3.130 Other Assets & Liabilities, Net ------Other Operating Cash Flow ------Changes in Working Capital (7.270) 2.630 (1.240) (3.330) (13.130) (3.480) Cash from Operating Activities 27.050 28.280 16.750 18.360 6.300 15.220 Purchase of Fixed Assets (13.240) (15.970) (11.060) (9.090) (5.580) (5.210) Purchase/Acquisition of Intangibles (25.650) 0.000 0.000 ---Software Development Costs ------Capital Expenditures (38.890) (15.970) (11.060) (9.090) (5.580) (5.210) Acquisition of Business 0 0 0 0 0 -Sale of Business 1.630 3.190 0.000 ---Sale of Fixed Assets ------Sale/Maturity of Investment ------Investment, Net ------Purchase of Investments ------Sale of Intangible Assets ------Intangible, Net ------Other Investing Cash Flow (0.910) (0.340) (0.520) (0.270) (0.730) (0.120) Other Investing Cash Flow Items, Total 0.720 2.850 (0.520) (0.270) (0.730) (0.120) Cash from Investing Activities (38.160) (13.120) (11.580) (9.360) (6.320) (5.330) Other Financing Cash Flow 3.990 2.000 2.940 ---Financing Cash Flow Items 3.990 2.000 2.940 ---Cash Dividends Paid - Common (5.850) (4.870) (4.330) (3.920) (3.630) (3.430) Cash Dividends Paid - Preferred ------Total Cash Dividends Paid (5.850) (4.870) (4.330) (3.920) (3.630) (3.430)

Sale/Issuance of Common Repurchase/Retirement of Common Common Stock, Net Sale/Issuance of Preferred Repurchase/Retirement of Preferred Preferred Stock, Net Sale/Issuance of Common/Preferred Repurch./Retirement of Common/Preferred Options Exercised Warrants Converted Treasury Stock Issuance (Retirement) of Stock, Net Short Term Debt Issued Short Term Debt Reduction Short Term Debt, Net Long Term Debt Issued Long Term Debt Reduction Long Term Debt, Net Total Debt Issued Total Debt Reduction Issuance (Retirement) of Debt, Net Cash from Financing Activities Foreign Exchange Effects Net Change in Cash Net Cash - Beginning Balance Net Cash - Ending Balance Cash Interest Paid Cash Taxes Paid Reported Cash from Operating Activities Reported Cash from Investing Activities Reported Cash from Financing Activities

0.180 -0.180 -----2.050 --2.220 --(0.760) 15.000 (5.690) 9.310 --8.560 8.920 (0.260) (2.450) 8.670 6.220 1.540 10.860 ----

0.170 0.000 0.170 -----1.520 --1.690 --(7.960) 0.000 (1.940) (1.940) --(9.900) (11.080) (0.450) 3.620 5.050 8.670 1.700 4.740 ----

0.580 0.000 0.580 -----3.060 --3.640 --8.970 0.000 (14.920) (14.920) --(5.950) (3.700) (0.830) 0.650 4.400 5.050 1.610 10.850 ----

1.290 (3.320) (2.040) -----2.430 --0.400 ---10.000 (7.380) (5.610) --(5.610) (9.130) 1.700 1.570 2.830 4.400 2.270 6.920 ----

0.820 (1.710) (0.900) -----1.950 --1.050 ---0.000 (9.680) 3.890 --3.890 1.310 (0.550) 0.750 2.090 2.830 1.630 7.770 ----

0.610 (1.070) (0.460) -----1.210 --0.750 ---27.970 (17.710) (7.120) --(7.120) (9.800) (1.780) (1.690) 3.780 2.090 2.070 4.130 ----

2008

2007

2006

2005

2004

2003

27.3% 16.7% 17.8%

25.6% 13.2% 13.9%

22.6% 11.4% 10.6%

25.2% 11.3% 11.1%

21.9% 9.0% 6.9%

15.8% 6.0% 0.6%

$19.7 5.5 -111.0 $136.2

$13.6 3.1 -92.0 $108.7

$17.0 5.9 -71.8 $94.8

$13.3 15.4 -73.4 $102.1

$22.9 14.8 -64.1 $101.8

$9.2 24.5 -55.2 $88.8

$2.05

$2.16

$2.42

$1.99

$1.85

$2.07

Net Income Revenue Profit Margin

$25 280 9.0%

$18 235 7.8%

$17 230 7.2%

$16 204 7.9%

$12 189 6.4%

$8 184 4.1%

Revenue Total Assets

$280 195

$235 150

$230 139

$204 146

$189 143

$184 134

ROE ROA ROIC

Short-term Debt Long-Term Debt Preferred Stock Equity Common Stock Equity Invested Capital $ Revenue / $ Invested Capital DuPont ROE Analysis

Asset Utilization

1.4x

1.6x

1.6x

1.4x

1.3x

1.4x

12.8%

12.2%

11.9%

11.1%

8.4%

5.7%

195 92 2.1x

150 72 2.1x

139 73 1.9x

146 64 2.3x

143 55 2.6x

134 48 2.8x

27.3% 25.1% 24.5% 19.9%

25.6%

22.6%

25.2%

21.9%

15.8%

$98 $58 $0 $7 $14 $19

$81 $51 $0 $6 $11 $13

$77 $48 $0 $7 $11 $11

$73 $46 $0 $6 $10 $11

$65 $43 $0 $7 $8 $6

$61 $46 $0 $8 $6 $1

ST debt LT debt Equity Invested Capital

$20 $6 $111 $136

$14 $3 $92 $109

$17 $6 $72 $95

$13 $15 $73 $102

$23 $15 $64 $102

$9 $24 $55 $89

ROIC 3-year average 5-year average 10-year average

17.8% 14.1% 12.1% 6.9%

13.9%

10.6%

11.1%

6.9%

0.6%

$27 ($39) ($12)

$28 ($16) $12

$17 ($11) $6

$18 ($9) $9

$6 ($6) $1

$15 ($5) $10

$25

$18

$17

$16

$12

$8

(47.2%) 18.0% 23.5% 60.0%

66.9%

34.3%

57.4%

6.0%

132.1%

Return on Assets Total Assets Beginning Common Equity Leverage Return on Equity 3-year average 5-year average 10-year average Gross Profit SG&A R&D D&A Taxes NOPAT

OCF Capex FCF Net Income FCF Conversion (FCF/NI) 3-year average 5-year average 10-year average Assumptions Growth Rate Net Operating Profit Margin Tax Rate Dep % of Revs. Investment Rate % of Revs. Working Cap. % of Revs 10 year average OCF Std. dev of 10 year OCF Beta

2008 19.0% 12.1% 36.6% 2.5% 13.9% 22.1% $16 $7 0.44

3-year 11.4% 10.6% 37.9% 2.8% 8.5% 22.5%

Average 5-year 10- year 8.9% 7.2% 9.9% 6.6% 38.3% 37.7% 3.1% 3.7% 6.6% 5.4% 23.3% 22.7%

2008

2007

2006

2005

2004

2003

Revenue growth

$280 19.0%

$235 2.2%

$230 12.8%

$204 7.9%

$189 2.5%

$184 10.0%

Net Income Dividends Retained Earning Retention Rate

$25 $6 $19 76.7%

$18 $5 $14 73.5%

$17 $4 $12 73.9%

$16 $4 $12 75.7%

$12 $4 $8 69.9%

$8 $3 $4 54.7%

ROE

27.3%

25.6%

22.6%

25.2%

21.9%

15.8%

Growth (b*ROE)

20.9%

18.8%

16.7%

19.1%

15.3%

8.6%

Clean Operating Income % of Revenues

$34 12.1%

$24 10.3%

$22 9.5%

$21 10.2%

$14 7.6%

$6 3.4%

Taxes % of Pre-tax income

$14 36.6%

$11 37.3%

$11 39.7%

$10 37.0%

$8 40.7%

$6 43.2%

Depreciation % of Revenues

$7 2.5%

$6 2.8%

$7 3.1%

$6 3.1%

$7 3.8%

$8 4.2%

Capex % of Revenues

($39) 13.9%

($16) 6.8%

($11) 4.8%

($9) 4.5%

($6) 3.0%

($5) 2.8%

Accounts Receivable Inventories Payables Working Capital % of Revenues

$36 39 13 $62 22.1%

$31 34 11 $53 22.7%

$29 33 11 $52 22.6%

$27 27 10 $45 21.9%

$27 36 11 $51 27.1%

$26 30 15 $41 22.3%

2002 2001 2000 1999 12/31/2002 12/31/2001 12/31/2000 12/31/1999 12 Months 12 Months 12 Months 12 Months Update Update Update Update 12/31/2002 12/31/2001 12/31/2000 12/31/1999 10-K 10-K405 10-K405 10-K405 3/21/2003 2/28/2002 3/28/2001 3/29/2000 Complete Complete Complete Complete EY EY EY EY 167.320 138.540 146.390 150.880 ------------167.320 138.540 146.390 150.880 ------------167.320 138.540 146.390 150.880 111.320 94.040 93.380 91.720 ----111.320 94.040 93.380 91.720 56.000 44.500 53.010 59.160 42.810 38.430 42.000 42.500 --------42.810 38.430 42.000 42.500 0 0 0 0 -----------------------------------------------------------------------------------------

1998 1997 1996 1995 1994 1993 12/31/1998 12/31/1997 12/31/1996 12/31/1995 12/31/1994 12/31/1993 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months Update Update Update Update Update Update 12/31/1998 12/31/1997 12/31/1996 12/31/1995 12/31/1994 12/31/1993 10-K405 10-K405 ----3/26/1999 3/25/1998 ----Complete Complete Complete Complete Complete Complete EY EY ----143.810 130.770 116.020 108.640 99.160 84.500 ------------------143.810 130.770 116.020 108.640 99.160 84.500 ------------------143.810 130.770 116.020 108.640 99.160 84.500 86.500 82.030 73.490 69.500 62.810 52.130 ------86.500 82.030 73.490 69.500 62.810 52.130 57.310 48.740 42.530 39.140 36.350 32.370 42.940 30.280 27.350 25.640 24.500 22.490 ------------42.940 30.280 27.350 25.640 24.500 22.490 0 7.490 6.430 6.480 5.920 5.940 -------------------------------------------------------------------------------------------------------------------------------------

----154.120 13.200 (1.850) -(1.850) ----(1.850) ----0.090 0.090 11.440 4.170 7.270 ---7.270 0.000 ---0.000 7.270 ------7.270 7.270 12.660 0.570 0.570 0.000 7.270 13.220 0.550 0.550 0.260 -----

----132.470 6.070 (1.380) -(1.380) ----(1.380) ----0.330 0.330 5.010 1.650 3.360 ---3.360 0.000 ---0.000 3.360 ------3.360 3.360 12.650 0.270 0.270 0.000 3.360 13.100 0.260 0.260 0.250 -----

----135.370 11.020 (2.210) -(2.210) ----(2.210) ----1.910 1.910 10.730 3.790 6.940 ---6.940 0.000 ---0.000 6.940 ------6.940 6.940 13.230 0.520 0.520 0.000 6.940 13.880 0.500 0.500 0.220 -----

----134.220 16.660 (1.260) -(1.260) ----(1.260) ----0.260 0.260 15.660 5.960 9.700 ---9.700 0.000 ---0.000 9.700 ------9.700 9.700 13.980 0.690 0.690 0.000 9.700 14.910 0.650 0.650 0.180 -----

----129.440 14.370 (0.630) -(0.630) ----(0.630) ----(0.380) (0.380) 13.360 5.120 8.250 ---8.250 0.000 ---0.000 8.250 ------8.250 8.250 14.500 0.570 0.570 0.000 8.250 15.580 0.530 0.530 0.150 -----

----119.800 10.970 (0.460) -(0.460) ----(0.460) ----(0.310) (0.310) 10.210 3.680 6.520 ---6.520 0.000 ---0.000 6.520 ------6.520 6.520 14.240 0.460 0.460 0.000 6.520 15.840 0.410 0.410 0.120 -----

----107.260 8.750 (0.370) -(0.370) ----(0.370) ----(0.220) (0.220) 8.170 3.040 5.130 ---5.130 0.000 ---0.000 5.130 ------5.130 5.130 14.040 0.370 0.370 0.000 5.130 14.790 0.350 0.350 0.110 -----

----101.620 7.020 (0.720) -(0.720) ----(0.720) ----(0.390) (0.390) 5.910 2.190 3.720 ---3.720 0.000 ---0.000 3.720 ------3.720 3.720 14.030 0.260 0.260 0.000 3.720 14.330 0.260 0.260 0.100 -----

----93.230 5.920 (0.830) -(0.830) ----(0.830) ----(0.120) (0.120) 4.970 1.760 3.210 ---3.210 0.000 ---0.000 3.210 ------3.210 3.210 13.850 0.230 0.230 0.000 3.210 13.850 0.230 0.230 0.090 -----

----80.550 3.940 (0.670) -(0.670) ----(0.670) ----0.030 0.030 3.310 1.140 2.170 ---2.170 0.000 ---0.000 2.170 ------2.170 2.170 13.620 0.160 0.160 0.000 2.170 13.620 0.160 0.160 0.080 -----

---3.230 ---------11.440 -4.170 7.270 7.270 0.570 0.550 0.290 6.990 0.550 0.530 -1.850 -7.880 --0.100 1.340 -----------------------

---3.160 ---------5.010 -1.650 3.360 3.360 0.270 0.260 0.390 2.980 0.240 0.230 -1.380 (0.040) 6.480 --0.320 1.450 -----------------------

---2.850 ---------10.730 -3.790 6.940 6.940 0.520 0.500 0.370 6.570 0.500 0.470 -2.210 -5.930 --0.150 1.590 -----------------------

---2.100 ---------15.660 -5.960 9.700 9.700 0.690 0.650 0.310 9.390 0.670 0.630 -1.260 -5.280 --0.360 ------------------------

---1.500 ---------13.360 -5.120 8.250 8.250 0.570 0.530 0.340 7.910 0.550 0.510 -0.630 (0.210) 4.500 --0.180 ------------------------

---1.170 ---------10.210 -3.680 6.520 6.520 0.460 0.410 0.300 6.220 0.440 0.390 -0.460 -3.730 --0.230 -----7.490 ------------------

---1.040 ---------8.170 -3.040 5.130 5.130 0.370 0.350 -----0.370 -3.520 --0.600 -----6.430 ------------------

-------------5.910 -2.190 3.720 3.720 0.260 0.260 -----0.720 -3.520 --0.880 -----6.480 ------------------

-------------4.970 -1.760 3.210 3.210 0.230 0.230 -----0.830 -3.470 --0.970 -----5.920 ------------------

-------------3.310 -1.140 2.170 2.170 0.160 0.160 -----0.670 -3.370 --0.930 -----5.940 ------------------

--

--

--

--

--

--

--

--

--

--

2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 12/31/2002 12/31/2001 12/31/2000 12/31/1999 12/31/1998 12/31/1997 12/31/1996 12/31/1995 12/31/1994 12/31/1993 Update Restated Restated Update Update Update Update Update Update Restated 12/31/2002 12/31/2002 12/31/2001 12/31/1999 12/31/1998 12/31/1997 12/31/1996 12/31/1995 12/31/1994 12/31/1994 10-K 10-K 10-K405 10-K405 10-K405 10-K405 ----3/21/2003 3/21/2003 2/28/2002 3/29/2000 3/26/1999 3/25/1998 ----Complete Complete Complete Complete Complete Complete Complete Complete Complete Complete EY EY EY EY EY EY ----3.780 3.410 4.240 3.750 2.370 1.060 1.120 1.180 0.370 0.870 --------------------3.780 3.410 4.240 3.750 2.370 1.060 1.120 1.180 0.370 0.870 --------------------22.140 18.700 19.010 24.280 19.810 19.190 15.500 13.660 14.430 11.560 ---------------0.000 0.000 0.000 0.000 0.000 22.140 18.700 19.010 24.280 19.810 19.190 15.500 13.660 14.430 11.560 7.570 5.260 3.870 4.080 5.270 4.100 ----8.310 8.190 8.090 8.350 10.090 10.870 ----9.310 8.040 7.670 6.580 7.040 6.630 ------------------------25.180 21.490 19.640 19.010 22.400 21.600 17.510 15.830 18.470 17.990 1.220 0.770 0.950 0.940 1.060 0.690 0.920 0.750 0.740 0.730 ----------3.060 2.590 ----------------------------3.060 2.590 --------55.380 46.950 43.830 47.980 45.650 42.540 35.050 31.420 34.000 31.160 24.580 20.860 20.530 19.550 18.360 12.900 12.270 11.350 10.720 10.640 2.990 2.550 2.620 2.760 2.970 2.790 2.770 2.760 2.760 2.760 71.230 68.030 66.560 65.420 58.610 48.710 42.070 40.990 39.460 37.250 ----------------------------------------98.800 91.440 89.720 87.730 79.930 64.410 57.110 55.100 52.940 50.650 (55.330) (50.320) (47.120) (45.620) (42.520) (40.420) (37.750) (37.710) (36.320) (34.020) 43.470 41.120 42.590 42.120 37.410 23.980 19.360 17.390 16.620 16.630 --------------------5.700 0.550 ----------------------------1.110 0.230 1.100 1.100 1.450 0.650 0.880 1.220 1.630 1.300 -------------------------------

--17.450 ---3.350 20.810 126.460 11.040 -6.020 20.360 5.980 ---1.570 ---3.600 5.160 48.560 13.050 -13.050 39.380 4.710 4.710 --12.060 --12.060 78.370 --------4.760 -4.760 18.170 54.780 (28.020) (1.540) ---

--8.970 ---3.560 12.530 101.380 8.890 -2.990 5.130 3.140 ---0.190 ---3.450 3.640 23.780 20.500 -20.500 28.760 2.540 2.540 --11.550 --11.550 58.370 --------4.680 -4.680 16.170 50.740 (26.680) (1.900) ---

-1.400 5.440 3.670 ---10.500 98.020 6.500 -6.590 17.770 5.250 ---0.900 ----0.900 37.010 5.940 -5.940 28.960 ----11.750 --11.750 54.700 --------4.610 -4.610 14.710 50.540 (24.240) (2.300) ---

-3.890 5.790 2.210 ---11.900 103.090 10.500 -9.630 11.700 4.890 ---0.110 ----0.110 36.830 11.490 -11.490 28.080 ----11.760 --11.760 60.080 --------4.530 -4.530 13.380 46.450 (18.750) (2.600) ---

-3.240 6.260 2.930 ---12.430 96.950 10.170 -9.910 14.290 0.030 ---0.480 ----0.480 34.880 2.600 -2.600 16.920 ----11.620 --11.620 49.100 --------3.500 -3.500 12.730 39.200 (4.980) (2.610) ---

-6.110 6.750 2.260 ---15.120 82.300 7.200 -8.970 11.250 0.000 ---1.260 ----1.260 28.670 0.930 -0.930 12.170 0.000 0.000 --11.230 --11.230 40.830 --------3.350 -3.350 8.320 33.060 (2.340) (0.920) ---

-2.490 7.100 1.260 ---10.850 66.130 7.100 -6.690 2.630 0.000 ---0.970 ----0.970 17.400 1.090 -1.090 3.730 0.000 0.000 ---11.010 -11.010 29.500 --------3.270 -3.270 6.800 28.200 (0.580) (1.050) ---

-3.150 5.820 1.540 ---10.510 60.530 4.230 -4.940 5.520 0.000 ---0.550 ----0.550 15.240 1.000 -1.000 6.520 0.000 0.000 ---12.120 -12.120 28.360 --------1.610 -1.610 7.830 24.550 (0.360) (1.470) ---

-3.110 5.310 1.330 ---9.750 61.990 4.620 -4.210 10.440 0.000 ---0.170 ----0.170 19.430 1.200 -1.200 11.640 0.000 0.000 ---12.010 -12.010 32.640 --------1.600 -1.600 7.710 22.170 (0.360) (1.770) ---

-2.970 4.730 0.940 ---8.640 57.710 2.850 -3.160 12.580 0.000 ---0.550 ----0.550 19.140 1.400 -1.400 13.980 0.000 0.000 ---11.100 -11.100 31.640 --------1.590 -1.590 6.690 20.140 (0.390) (1.960) ---

--(0.060) (0.060) 48.100 126.460 12.880 ---12.880 6.170 ----------------1,025.000 -494.000 --------------------

--0.000 0.000 43.000 101.380 12.720 ---12.720 5.990 ----------------936.000 -509.000 --------------------

----43.320 98.020 12.830 ---12.830 5.610 ----------------956.000 -530.000 --------------------

----43.010 103.090 13.360 ---13.360 4.770 ----------------989.000 -550.000 --------------------

----47.850 96.950 10.150 ---10.150 3.420 ----------------956.000 ----------------------

----41.470 82.300 9.780 ---9.780 -----------------972.000 ----------------------

----36.640 66.140 9.710 ---9.710 ----------------------------------------

----32.160 60.530 9.550 ---9.550 ----------------------------------------

----29.350 62.000 9.510 ---9.510 ----------------------------------------

----26.070 57.710 9.120 ---9.120 ----------------------------------------

2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 12/31/2002 12/31/2001 12/31/2000 12/31/1999 12/31/1998 12/31/1997 12/31/1996 12/31/1995 12/31/1994 12/31/1993 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months

Update Update Update Update Update Update Update Update Update Update 12/31/2002 12/31/2001 12/31/2000 12/31/1999 12/31/1998 12/31/1997 12/31/1996 12/31/1995 12/31/1994 12/31/1993 10-K 10-K405 10-K405 10-K405 10-K405 10-K405 ----3/21/2003 2/28/2002 3/28/2001 3/29/2000 3/26/1999 3/25/1998 ----Complete Complete Complete Complete Complete Complete Complete Complete Complete Complete EY EY EY EY EY EY ----7.270 3.360 6.940 9.700 8.250 6.520 5.130 3.720 3.220 2.160 7.880 6.480 5.930 5.280 4.500 3.730 3.520 3.520 3.470 3.370 7.880 6.480 5.930 5.280 4.500 3.730 3.520 3.520 3.470 3.370 0.100 0.320 0.150 0.360 0.180 0.230 0.600 0.880 0.970 0.930 ----------0.100 0.320 0.150 0.360 0.180 0.230 0.600 0.880 0.970 0.930 1.990 1.350 0.820 0.720 (0.670) (1.010) 0.280 (0.210) (0.330) (0.400) -----0.000 0.000 0.000 0.000 0.000 -----0.000 0.000 0.000 0.000 0.000 ----------------------------------------(7.870) (3.090) 1.040 0.870 1.410 0.610 (0.850) (0.010) (0.060) 0.460 (7.870) (3.090) 1.040 0.870 1.410 0.610 (0.850) (0.010) (0.060) 0.460 1.320 0.310 5.270 (4.460) (0.620) (3.700) (1.840) 0.770 (2.870) (0.360) (0.340) (1.850) (1.320) 3.400 (0.810) (4.090) (1.670) 2.630 (0.480) (3.310) (0.350) 0.190 (0.010) 0.120 (0.370) 0.230 (0.170) (0.010) 0.000 0.060 --------------------------------------------------2.240 1.530 (5.560) (0.320) 3.140 2.660 4.880 0.730 2.430 0.070 --------------------2.870 0.170 (1.620) (1.270) 1.340 (4.900) 1.200 4.120 (0.920) (3.550) 12.230 8.590 13.250 15.650 15.010 5.180 9.880 12.030 6.340 2.970 (5.910) (5.010) (6.400) (9.980) (17.930) (8.350) (5.380) (4.490) (3.550) (3.120) --------------------(5.910) (5.010) (6.400) (9.980) (17.930) (8.350) (5.380) (4.490) (3.550) (3.120) (8.560) --------------0.000 0.000 0.000 0.000 0.000 ------------------------------------------------------------(0.170) 0.110 0.080 (0.650) 1.890 (3.620) (0.550) (0.600) (0.280) (0.090) (8.730) 0.110 0.080 (0.650) 1.890 (3.620) (0.550) (0.600) (0.280) (0.090) (14.650) (4.900) (6.330) (10.640) (16.030) (11.970) (5.930) (5.090) (3.830) (3.210) -----0.000 0.000 0.000 0.000 0.000 -----0.000 0.000 0.000 0.000 0.000 (3.230) (3.160) (2.850) (2.450) (2.110) (1.670) (1.480) (1.330) (1.200) (1.070) ----------(3.230) (3.160) (2.850) (2.450) (2.110) (1.670) (1.480) (1.330) (1.200) (1.070)

1.060 (1.600) (0.530) -----0.980 --0.440 ---0.000 (9.660) 5.570 --5.570 2.780 -0.370 3.410 3.780 1.660 0.760 ----

0.460 (2.440) (1.980) -----0.830 --(1.150) ---21.700 (9.260) (0.200) --(0.200) (4.510) -(0.830) 4.240 3.410 1.390 0.620 ----

-(5.490) (5.490) -----1.020 --(4.470) ---0.000 (5.190) 0.880 --0.880 (6.440) -0.490 3.750 4.240 2.260 1.840 ----

-(13.810) (13.810) -----1.460 --(12.350) ---15.400 (1.640) 11.170 --11.170 (3.640) -1.380 2.370 3.750 1.260 5.440 ----

-(2.660) (2.660) -----4.260 --1.610 -----2.840 --2.840 2.340 -1.320 1.060 2.370 0.860 6.470 ----

0.000 (1.760) (1.760) -----1.600 --(0.160) ---0.000 0.000 8.550 --8.550 6.720 0.000 (0.070) --0.440 3.420 ----

0.000 (0.220) (0.220) -----0.640 --0.420 ---0.000 0.000 (2.940) --(2.940) (4.000) 0.000 (0.050) --0.380 2.350 ----

0.000 0.000 0.000 -----0.130 --0.130 ---0.000 0.000 (4.920) --(4.920) (6.120) 0.000 0.810 --0.770 2.140 ----

0.000 0.000 0.000 -----0.320 --0.320 ---0.000 0.000 (2.150) --(2.150) (3.020) 0.000 (0.510) --0.850 2.380 ----

0.000 0.000 0.000 -----0.000 --0.000 ---0.000 0.000 1.320 --1.320 0.250 0.000 0.000 --0.640 0.980 ----

2002

2001

2000

1999

1998

1997

1996

1995

1994

1993

16.9% 7.2% 1.4%

7.8% 3.4% (3.3%)

16.1% 6.7% 1.6%

20.3% 10.0% 7.8%

19.9% 10.0% 8.5%

17.8% 9.9% 8.2%

16.0% 8.5% 4.1%

12.7% 6.0% 1.0%

12.3% 5.6% (0.7%)

8.7% 4.0% (4.0%)

$26.3 13.1 -48.1 $87.5

$8.3 20.5 -43.0 $71.8

$23.0 5.9 -43.3 $72.3

$16.6 11.5 -43.0 $71.1

$14.3 2.6 -47.9 $64.8

$11.3 0.9 -41.5 $53.7

$2.6 1.1 -36.6 $40.4

$5.5 1.0 -32.2 $38.7

$10.4 1.2 -29.4 $41.0

$12.6 1.4 -26.1 $40.1

$1.91

$1.93

$2.03

$2.12

$2.22

$2.44

$2.87

$2.81

$2.42

$2.11

$7 167 4.3%

$3 139 2.4%

$7 146 4.7%

$10 151 6.4%

$8 144 5.7%

$7 131 5.0%

$5 116 4.4%

$4 109 3.4%

$3 99 3.2%

$2 85 2.6%

$167 126

$139 101

$146 98

$151 103

$144 97

$131 82

$116 66

$109 61

$99 62

$85 58

1.3x

1.4x

1.5x

1.5x

1.5x

1.6x

1.8x

1.8x

1.6x

1.5x

5.7%

3.3%

7.1%

9.4%

8.5%

7.9%

7.8%

6.1%

5.2%

3.8%

126 43 2.9x

101 43 2.3x

98 43 2.3x

103 48 2.2x

97 41 2.3x

82 37 2.2x

66 32 2.1x

61 29 2.1x

62 26 2.4x

58 25 2.3x

16.9%

7.8%

16.1%

20.3%

19.9%

17.8%

16.0%

12.7%

12.3%

8.7%

$56 $43 $0 $8 $4 $1

$45 $38 $0 $7 $2 ($2)

$53 $42 $0 $6 $4 $1

$59 $43 $0 $6 $6 $5

$57 $43 $0 $5 $5 $5

$49 $30 $7 $4 $4 $3

$43 $27 $6 $4 $3 $2

$39 $26 $6 $4 $2 $0

$36 $25 $6 $4 $2 ($0)

$32 $22 $6 $4 $1 ($2)

$26 $13 $48 $87

$8 $21 $43 $72

$23 $6 $43 $72

$17 $11 $43 $71

$14 $3 $48 $65

$11 $1 $41 $54

$3 $1 $37 $40

$6 $1 $32 $39

$10 $1 $29 $41

$13 $1 $26 $40

1.4%

(3.3%)

1.6%

7.8%

8.5%

8.3%

4.1%

1.0%

(0.7%)

(4.0%)

$12 ($6) $6

$9 ($5) $4

$13 ($6) $7

$16 ($10) $6

$15 ($18) ($3)

$5 ($8) ($3)

$10 ($5) $5

$12 ($4) $8

$6 ($4) $3

$3 ($3) ($0)

$7

$3

$7

$10

$8

$7

$5

$4

$3

$2

86.9%

106.5%

98.7%

58.5%

(35.4%)

(48.6%)

87.7%

202.7%

86.9%

(6.9%)

2002

2001

2000

1999

1998

1997

1996

1995

1994

1993

$167 20.8%

$139 (5.4%)

$146 (3.0%)

$151 4.9%

$144 10.0%

$131 12.7%

$116 6.8%

$109 9.6%

$99 17.3%

$85 2.9%

$7 $3 $4 55.6%

$3 $3 $0 6.0%

$7 $3 $4 58.9%

$10 $2 $7 74.7%

$8 $2 $6 74.4%

$7 $2 $5 74.4%

$5 $1 $4 71.2%

$4 $1 $2 64.2%

$3 $1 $2 62.6%

$2 $1 $1 50.7%

16.9%

7.8%

16.1%

20.3%

19.9%

17.8%

16.0%

12.7%

12.3%

8.7%

9.4%

0.5%

9.5%

15.2%

14.8%

13.2%

11.3%

8.1%

7.7%

4.4%

$5 3.1%

($1) (0.5%)

$5 3.4%

$11 7.3%

$10 6.7%

$7 5.4%

$5 4.0%

$3 2.4%

$1 1.5%

($0) (0.4%)

$4 36.5%

$2 32.9%

$4 35.3%

$6 38.1%

$5 38.3%

$4 36.0%

$3 37.2%

$2 37.1%

$2 35.4%

$1 34.4%

$8 4.8%

$7 4.9%

$6 4.2%

$6 3.7%

$5 3.3%

$4 3.0%

$4 3.6%

$4 4.1%

$4 4.5%

$4 5.1%

($6) 3.5%

($5) 3.6%

($6) 4.4%

($10) 6.6%

($18) 12.5%

($8) 6.4%

($5) 4.6%

($4) 4.1%

($4) 3.6%

($3) 3.7%

$22 25 11 $36 21.7%

$19 21 9 $31 22.6%

$19 20 7 $32 22.0%

$24 19 11 $33 21.7%

$20 22 10 $32 22.3%

$19 22 7 $34 25.7%

$16 18 7 $26 22.3%

$14 16 4 $25 23.3%

$14 18 5 $28 28.5%

$12 18 3 $27 31.6%

1992 1991 1990 1989 12/31/1992 12/31/1991 12/31/1990 12/31/1989 12 Months 12 Months 12 Months 12 Months Update Update Update Update 12/31/1992 12/31/1991 12/31/1990 12/31/1989 --------Complete Complete Complete Complete ----82.110 78.420 77.100 72.270 ------------82.110 78.420 77.100 72.270 ------------82.110 78.420 77.100 72.270 52.390 49.190 46.680 44.540 ----52.390 49.190 46.680 44.540 29.720 29.220 30.420 27.730 21.220 19.600 19.580 17.910 --------21.220 19.600 19.580 17.910 6.480 6.250 5.900 4.890 -----------------------------------------------------------------------------------------

----80.090 2.010 (0.720) -(0.720) ----(0.720) ----(0.140) (0.140) 1.160 0.360 0.800 ---0.800 (4.680) ---(4.680) (3.880) ------0.800 (3.880) 13.630 0.060 (0.280) 0.000 (3.880) 13.630 0.060 (0.280) 0.080 -----

----75.050 3.370 (0.960) -(0.960) ----(0.960) ----0.010 0.010 2.420 0.770 1.650 ---1.650 0.000 ---0.000 1.650 ------1.650 1.650 13.620 0.120 0.120 0.000 1.650 13.620 0.120 0.120 0.080 -----

----72.150 4.950 (1.160) -(1.160) ----(1.160) ----(0.280) (0.280) 3.510 1.180 2.330 ---2.330 0.000 ---0.000 2.330 ------2.330 2.330 12.870 0.180 0.180 0.000 2.330 12.870 0.180 0.180 0.080 -----

----67.350 4.920 (0.980) -(0.980) ----(0.980) ----(0.140) (0.140) 3.800 1.420 2.370 ---2.370 0.000 ---0.000 2.370 ------2.370 2.370 12.350 0.190 0.190 0.000 2.370 12.350 0.190 0.190 0.070 -----

-------------1.160 -0.360 0.800 0.800 0.060 0.060 -----0.720 -3.190 --0.960 -----6.480 ------------------

-------------2.420 -0.770 1.650 1.650 0.120 0.120 -----0.960 -3.060 --0.910 -----6.250 ------------------

-------------3.510 -1.180 2.330 2.330 0.180 0.180 -----1.160 -2.950 --0.870 -----5.900 ------------------

-------------3.800 -1.420 2.370 2.370 0.190 0.190 -----0.980 -2.850 --0.340 -----4.890 ------------------

--

--

--

--

1992 1991 1990 1989 12/31/1992 12/31/1991 12/31/1990 12/31/1989 Update Update Update Update 12/31/1992 12/31/1991 12/31/1990 12/31/1989 --------Complete Complete Complete Complete ----0.870 0.420 0.750 1.020 --------0.870 0.420 0.750 1.020 --------11.200 10.580 11.150 10.500 ----0.000 0.000 0.000 0.000 11.200 10.580 11.150 10.500 --------------------14.680 14.070 13.580 13.790 0.790 1.180 1.030 0.890 --------------------27.540 26.250 26.500 26.190 10.250 10.050 9.800 9.770 2.730 2.730 2.730 1.420 36.360 33.490 32.890 30.590 ----------------49.340 46.280 45.420 41.780 (32.430) (29.640) (28.970) (27.230) 16.910 16.630 16.450 14.560 --------------------1.570 1.820 2.030 1.640 -------------

-3.120 4.210 0.550 ---7.880 53.900 3.170 -2.970 11.270 0.000 ---0.250 ----0.250 17.660 1.700 -1.700 12.970 0.000 0.000 ---9.640 -9.640 29.000 --------1.590 -1.590 6.680 19.050 (0.390) (2.030) ---

-2.700 3.790 0.000 ---6.500 51.200 2.840 -2.990 9.900 0.000 ---0.170 ----0.170 15.900 1.900 -1.900 11.800 2.910 2.910 ---1.190 -1.190 21.900 --------1.590 -1.590 6.550 23.930 (0.390) (2.380) ---

-2.620 3.080 0.000 ---5.700 50.670 3.060 -3.040 1.940 0.000 ---0.100 ----0.100 8.140 10.400 -10.400 12.340 2.800 2.800 ---1.160 -1.160 22.500 --------1.580 -1.580 6.450 23.280 (0.390) (2.750) ---

-1.790 2.500 0.000 ---4.290 46.670 3.560 -3.320 5.490 0.000 ---0.020 ----0.020 12.390 5.180 -5.180 10.670 0.550 0.550 ---2.660 -2.660 20.780 --------1.580 -1.580 3.910 21.900 (0.550) (0.940) ---

----24.890 53.890 9.130 ---9.130 ----------------------------------------

----29.300 51.200 9.120 ---9.120 ----------------------------------------

----28.170 50.670 9.100 ---9.100 ----------------------------------------

----25.900 46.670 7.750 ---7.750 ----------------------------------------

1992 1991 1990 1989 12/31/1992 12/31/1991 12/31/1990 12/31/1989 12 Months 12 Months 12 Months 12 Months

Update Update Update Update 12/31/1992 12/31/1991 12/31/1990 12/31/1989 --------Complete Complete Complete Complete ----(3.880) 1.650 2.330 2.380 3.190 3.060 2.950 2.850 3.190 3.060 2.950 2.850 0.960 0.910 0.870 0.340 ----0.960 0.910 0.870 0.340 (3.450) 0.110 0.140 0.150 7.990 0.000 0.000 0.000 0.000 0.000 0.000 0.000 ----------------(0.010) (0.050) (0.040) (0.140) 7.980 (0.050) (0.040) (0.140) (0.620) 0.570 (0.650) (1.660) (0.610) (0.480) 0.200 (0.970) (0.110) (0.150) 0.030 0.050 --------------------0.390 (0.190) (0.700) 0.350 --------(0.950) (0.260) (1.120) (2.230) 3.830 5.410 5.130 3.340 (3.500) (3.340) (4.900) (4.380) --------(3.500) (3.340) (4.900) (4.380) ----0.000 0.000 0.000 0.000 ------------------------(0.260) (1.060) (1.400) (0.330) (0.260) (1.060) (1.400) (0.330) (3.750) (4.390) (6.300) (4.710) 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 (1.000) (1.000) (0.950) (0.860) ----(1.000) (1.000) (0.950) (0.860)

0.000 0.000 0.000 -----0.000 --0.000 ---0.000 0.000 1.370 --1.370 0.370 0.000 0.450 --0.680 0.260 ----

0.000 0.000 0.000 -----0.000 --0.000 ---1.700 (10.000) (0.340) --(0.340) (1.340) 0.000 (0.320) --1.170 0.830 ----

2.090 0.000 2.090 -----0.000 --2.090 ---3.300 0.000 (0.240) --(0.240) 0.900 0.000 (0.270) --1.160 1.190 ----

0.110 0.000 0.110 -----0.000 --0.110 ---0.000 (0.200) 2.360 --2.360 1.610 0.000 0.240 --1.300 0.940 ---1989

1992

1991

1990

2.7% 1.6% (6.1%)

5.9% 3.3% (3.4%)

9.0% 5.0% (0.2%)

$11.3 1.7 -24.9 $37.9

$9.9 1.9 -29.3 $41.1

$1.9 10.4 -28.2 $40.5

$5.5 5.2 -25.9 $36.6

$2.17

$1.91

$1.90

$1.98

$1 82 1.0%

$2 78 2.1%

$2 77 3.0%

$2 72 3.3%

$82 54

$78 51

$77 51

$72 47

1.5x

1.5x

1.5x

1.5x

1.5%

3.2%

4.6%

5.1%

54 29 1.8x

51 28 1.8x

51 26 2.0x

47 NA NA

2.7%

5.9%

9.0%

NA

$30 $21 $6 $4 $0 ($2)

$29 $20 $6 $4 $1 ($1)

$30 $20 $6 $4 $1 ($0)

$28 $18 $5 $3 $1 $0

$11 $2 $25 $38

$10 $2 $29 $41

$2 $10 $28 $41

$5 $5 $26 $37

(6.1%)

(3.4%)

(0.2%)

NA

$4 ($4) $0

$5 ($3) $2

$5 ($5) $0

$3 ($4) ($1)

$1

$2

$2

$2

41.3%

125.5%

9.9%

(43.9%)

1992

1991

1990

1989

$82 4.7%

$78 1.7%

$77 6.7%

$72

$1 $1 ($0) NA

$2 $1 $1 39.4%

$2 $1 $1 59.2%

$2 $1 $2 63.7%

2.7%

5.9%

9.0%

0.0%

0.0%

2.3%

5.3%

0.0%

($2) (2.6%)

($1) (0.8%)

$1 1.5%

$2 2.4%

$0 31.0%

$1 31.8%

$1 33.6%

$1 37.4%

$4 5.1%

$4 5.1%

$4 5.0%

$3 4.4%

($4) 4.3%

($3) 4.3%

($5) 6.4%

($4) 6.1%

$11 15 3 $23 27.7%

$11 14 3 $22 27.8%

$11 14 3 $22 28.1%

$11 14 4 $21

All Financial Reports

Badger Meter Inc Income Statement - Interim Standardised in Millions of US Dollar Fiscal Period: Period End Date: Period Length: Update Type: Update Date: Source Source Date: Complete Statement: Net Sales Gross Revenue Sales Returns and Allowances Excise Tax Receipts Revenue Interest Income, Non-Bank Other Revenue Other Revenue, Total Total Revenue Cost of Revenue Excise Taxes Payments Cost of Revenue, Total Gross Profit Selling/General/Administrative Expense Labor & Related Expense Advertising Expense Selling/General/Admin. Expenses, Total Research & Development Depreciation Amortization of Intangibles Amortization of Acquisition Costs Depreciation/Amortization Interest Expense - Operating Interest Capitalized - Operating Interest Expense, Net - Operating Interest Income - Operating Investment Income - Operating Interest/Investment Income - Operating Interest Expense(Income) - Net Operating Interest Exp.(Inc.),Net-Operating, Total Purchased R&D Written-Off Restructuring Charge Litigation Impairment-Assets Held for Use Impairment-Assets Held for Sale Other Unusual Expense (Income) Unusual Expense (Income) Foreign Currency Adjustment Unrealized Losses (Gains) Minimum Pension Liability Adjustment Loss(Gain) on Sale of Assets - Operating

2009 Q1 2008 Q4 2008 Q3 2008 Q2 3/31/2009 12/31/2008 9/30/2008 6/30/2008 3 Months 3 Months 3 Months 3 Months Update Update Update Update 3/31/2009 12/31/2008 9/30/2008 6/30/2008 10-Q 10-K 10-Q 10-Q 4/23/2009 3/4/2009 10/23/2008 7/25/2008 Complete Complete Complete Complete 65.320 67.650 68.830 74.660 ------------65.320 67.650 68.830 74.660 ------------65.320 67.650 68.830 74.660 39.150 43.490 45.420 48.290 ----39.150 43.490 45.420 48.290 26.170 24.150 23.410 26.370 14.700 14.060 14.220 14.620 --------14.700 14.060 14.220 14.620 -------------------------------------------------------------------------------------------------

2008 Q1 2007 Q4 3/31/2008 12/31/2007 3 Months 3 Months Update Update 3/31/2008 12/31/2007 10-Q 10-K 4/23/2008 2/28/2008 Complete Complete 68.420 57.200 ------68.420 57.200 ------68.420 57.200 43.900 37.260 --43.900 37.260 24.520 19.940 14.660 12.780 ----14.660 12.780 -------------------------------------------------

Other Operating Expense Other, Net Other Operating Expenses, Total Total Operating Expense Operating Income Interest Expense - Non-Operating Interest Capitalized - Non-Operating Interest Expense, Net Non-Operating Interest Income - Non-Operating Investment Income - Non-Operating Interest/Invest Income - Non-Operating Interest Income(Exp), Net Non-Operating Interest Inc.(Exp.),Net-Non-Op., Total Gain (Loss) on Sale of Assets Foreign Currency Adjustment Unrealized Gains (Losses) Minimum Pension Liability Adjustment Other Non-Operating Income (Expense) Other, Net Net Income Before Taxes Provision for Income Taxes Net Income After Taxes Minority Interest Equity In Affiliates U.S. GAAP Adjustment Net Income Before Extra. Items Accounting Change Discontinued Operations Extraordinary Item Tax on Extraordinary Items Total Extraordinary Items Net Income Preferred Dividends General Partners' Distributions Miscellaneous Earnings Adjustment Pro Forma Adjustment Interest Adjustment - Primary EPS Total Adjustments to Net Income Income Available to Com Excl ExtraOrd Income Available to Com Incl ExtraOrd Basic Weighted Average Shares Basic EPS Excluding Extraordinary Items Basic EPS Including Extraordinary Items Dilution Adjustment Diluted Net Income Diluted Weighted Average Shares Diluted EPS Excluding ExtraOrd Items Diluted EPS Including ExtraOrd Items DPS - Common Stock Primary Issue Dividends per Share - Com Stock Issue 2 Dividends per Share - Com Stock Issue 3 Dividends per Share - Com Stock Issue 4 Special DPS - Common Stock Primary Issue Special DPS - Common Stock Issue 2

---53.860 11.470 (0.400) -(0.400) ----(0.400) ------11.070 4.100 6.970 ---6.970 -----6.970 ------6.970 6.970 14.690 0.470 0.470 -6.970 14.880 0.470 0.470 0.110 ------

---57.550 10.100 (0.380) -(0.380) ----(0.380) ------9.720 3.520 6.200 ---6.200 -0.000 --0.000 6.200 ------6.200 6.200 14.670 0.420 0.420 -6.200 14.870 0.420 0.420 0.110 ------

---59.640 9.190 (0.380) -(0.380) ----(0.380) ------8.810 2.980 5.830 ---5.830 -0.000 --0.000 5.830 ------5.830 5.830 14.620 0.400 0.400 -5.830 14.880 0.390 0.390 0.110 ------

---62.910 11.750 (0.340) -(0.340) ----(0.340) ------11.420 4.370 7.040 ---7.040 -0.000 --0.000 7.040 ------7.040 7.040 14.510 0.490 0.490 -7.040 14.820 0.470 0.470 0.090 ------

---58.550 9.870 (0.250) -(0.250) ----(0.250) ------9.620 3.600 6.020 ---6.020 -0.000 --0.000 6.020 ------6.020 6.020 14.390 0.420 0.420 -6.020 14.750 0.410 0.410 0.090 ------

---50.030 7.170 (0.280) -(0.280) ----(0.280) ------6.890 2.710 4.180 ---4.180 -(1.520) --(1.520) 2.670 ------4.180 2.670 14.340 0.290 0.190 -2.670 14.710 0.280 0.180 0.090 ------

Special DPS - Common Stock Issue 3 Special DPS - Common Stock Issue 4 Gross Dividends - Common Stock (Gain) Loss on Sale of Assets, Suppl. Impairment-Assets Held for Sale, Suppl. Impairment-Assets Held for Use, Suppl. Litigation Charge, Supplemental Purchased R&D Written-Off, Supplemental Restructuring Charge, Supplemental Other Unusual Expense(Income), Suppl. Non-Recurring Items, Supplemental, Total Total Special Items Normalized Income Before Taxes Effect of Special Items on Income Taxes Inc Tax Ex Impact of Sp Items Normalized Income After Taxes Normalized Inc. Avail to Com. Basic Normalized EPS Diluted Normalized EPS Pro Forma Stock Compensation Expense Net Income after Stock Based Comp. Exp. Basic EPS after Stock Based Comp. Exp. Diluted EPS after Stock Based Comp. Exp. Stock-Based Compensation, Supplemental Interest Expense, Supplemental Interest Capitalized, Supplemental Depreciation, Supplemental Funds From Operations - REIT Amort of Acquisition Costs, Supplemental Amort of Intangibles, Supplemental Rental Expense, Supplemental EPS, Supplemental Advertising Expense, Supplemental Equity in Affiliates, Supplemental Minority Interest, Supplemental Research & Development Exp, Supplemental Audit Fees Audit-Related Fees Tax Fees All Other Fees Reported Recurring Revenue Reported Net Premiums Written Reported Total Revenue Reported Operating Revenue Reported Total Cost of Revenue Reported Total Sales, General & Admin. Reported Gross Profit Reported Operating Profit Reported Operating Profit Margin Reported Ordinary Profit Reported Net Income After Tax Reported Basic EPS Reported Diluted EPS Reported Net Business Profits

------------11.070 -4.100 6.970 6.970 0.470 0.470 ----0.320 0.400 -1.660 --0.360 ----------------(26.170) (11.470) -------

------------9.720 -3.520 6.200 6.200 0.420 0.420 ----0.430 0.380 -1.200 --0.360 -------------------------

------------8.810 -2.980 5.830 5.830 0.400 0.390 ----0.270 0.380 -1.420 --0.360 ----------------23.410 (9.190) -------

------------11.420 -4.370 7.040 7.040 0.490 0.470 ----0.270 0.340 -1.570 --0.360 ----------------26.370 --------

------------9.620 -3.600 6.020 6.020 0.420 0.410 ----0.310 0.250 -1.770 --0.030 ----------------(24.520) (9.870) -------

------------6.890 -2.710 4.180 4.180 0.290 0.280 ----1.200 0.280 -1.430 --0.040 ----------------(61.460) (23.450) -------

Balance Sheet (Differentiates) Interim - Standardised in Millions of US Dollar Fiscal Period: Period End Date: Update Type: Update Date: Source Source Date: Complete Statement: Cash Cash & Equivalents Short Term Investments Cash and Short Term Investments Accounts Receivable - Trade, Gross Provision for Doubtful Accounts Accounts Receivable - Trade, Net Notes Receivable - Short Term Receivables - Other Total Receivables, Net Inventories - Finished Goods Inventories - Work In Progress Inventories - Raw Materials Inventories - Other LIFO Reserve Total Inventory Prepaid Expenses Restricted Cash - Current Deferred Income Tax - Current Asset Discountinued Operations - Current Asset Other Current Assets Other Current Assets, Total Total Current Assets Buildings - Gross Land/Improvements - Gross Machinery/Equipment - Gross Construction in Progress - Gross Leases - Gross Natural Resources - Gross Other Property/Plant/Equipment - Gross Property/Plant/Equipment, Total - Gross Accumulated Depreciation, Total Property/Plant/Equipment, Total - Net Goodwill - Gross Accumulated Goodwill Amortization Goodwill, Net Intangibles - Gross Accumulated Intangible Amortization Intangibles, Net LT Investment - Affiliate Companies LT Investments - Other Long Term Investments Note Receivable - Long Term Deferred Charges

2009 Q1 2008 Q4 2008 Q3 2008 Q2 3/31/2009 12/31/2008 9/30/2008 6/30/2008 Update Update Update Update 3/31/2009 12/31/2008 9/30/2008 6/30/2008 10-Q 10-K 10-Q 10-Q 4/23/2009 3/4/2009 10/23/2008 7/25/2008 Complete Complete Complete Complete 6.090 6.220 ----4.940 5.400 ----6.090 6.220 4.940 5.400 --------34.750 35.770 35.790 38.040 --------34.750 35.770 35.790 38.040 13.460 13.480 15.030 8.760 10.900 10.990 12.400 15.150 15.700 14.840 17.470 15.620 --------40.050 39.320 44.890 39.530 3.880 2.320 3.840 4.490 ----2.900 2.910 3.090 3.100 --------2.900 2.910 3.090 3.100 87.670 86.530 92.550 90.560 ----------------------------134.970 133.930 134.060 132.730 (73.770) (72.110) (73.780) (73.550) 61.200 61.820 60.280 59.180 --------6.960 6.960 6.960 6.960 --------24.670 25.030 25.390 25.740 ---------------------

2008 Q1 2007 Q4 3/31/2008 12/31/2007 Update Update 3/31/2008 12/31/2007 10-Q 10-K 4/23/2008 2/28/2008 Complete Complete -8.670 6.290 ---6.290 8.670 ----33.820 30.640 ----33.820 30.640 8.870 8.230 12.600 10.660 16.940 15.210 ----38.420 34.090 4.650 3.450 --3.090 3.080 ----3.090 3.080 86.260 79.930 --------------128.750 125.680 (72.720) (71.100) 56.030 54.580 ----6.960 6.960 ----0.450 0.480 -----------

Pension Benefits - Overfunded Defered Income Tax - Long Term Asset Discontinued Operations - LT Asset Restricted Cash - Long Term Other Long Term Assets Other Long Term Assets, Total Total Assets Accounts Payable Payable/Accrued Accrued Expenses Notes Payable/Short Term Debt Current Port. of LT Debt/Capital Leases Dividends Payable Customer Advances Security Deposits Income Taxes Payable Other Payables Deferred Income Tax - Current Liability Discontinued Operations - Curr Liability Other Current Liabilities Other Current liabilities, Total Total Current Liabilities Long Term Debt Capital Lease Obligations Total Long Term Debt Total Debt Deferred Income Tax - LT Liability Deferred Income Tax Minority Interest Reserves Pension Benefits - Underfunded Other Long Term Liabilities Discontinued Operations - Liabilities Other Liabilities, Total Total Liabilities Redeemable Preferred Stock Redeemable Convertible Preferred Stock Redeemable Preferred Stock, Total Preferred Stock - Non Redeemable Convertible Preferred Stock - Non Rdmbl Treasury Stock - Preferred General Partner Preferred Stock - Non Redeemable, Net Common Stock Limited Partner Common Stock, Total Additional Paid-In Capital Retained Earnings (Accumulated Deficit) Treasury Stock - Common ESOP Debt Guarantee Unrealized Gain (Loss) Translation Adjustment Other Equity Minimum Pension Liability Adjustment

-9.310 --5.740 15.040 195.540 14.330 -6.180 5.590 9.800 ---9.970 ---1.380 11.350 47.260 2.930 -2.930 18.320 0.120 0.120 0 -27.390 1.040 -28.430 78.740 --0 -----21.080 -21.080 31.920 113.240 (32.160) (0.590) -----

-9.310 --5.710 15.020 195.360 13.230 -8.710 10.000 9.680 ---7.850 ---1.330 9.180 50.790 5.500 -5.500 25.170 0.130 0.130 --26.850 1.060 -27.910 84.340 --------21.070 -21.070 31.560 107.890 (32.170) (0.660) -----

---3.440 3.440 3.440 ------5.530 5.540 5.080 8.960 8.970 8.510 194.140 191.410 158.210 16.740 14.800 13.420 ---8.100 7.020 6.290 15.500 32.690 7.840 9.550 2.120 2.750 ---------9.980 10.910 11.580 ---------1.670 2.010 1.960 11.650 12.920 13.540 61.540 69.530 43.820 7.970 2.710 2.600 ---7.970 2.710 2.600 33.020 37.520 13.180 0.230 0.250 0.270 0.230 0.250 0.270 ------13.370 13.350 12.740 0.560 0.580 0.600 ---13.940 13.930 13.340 83.670 86.430 60.030 ------------------------21.060 20.930 20.970 ---21.060 20.930 20.970 27.040 25.820 25.400 103.710 99.510 93.780 (32.180) (32.180) (32.770) (0.660) (0.660) (0.660) -------------

-3.440 0.000 -4.920 8.350 150.300 11.360 -5.990 10.840 2.740 ---8.360 --0.000 1.920 10.280 41.210 3.130 -3.130 16.710 0.240 0.240 --13.120 0.630 -13.750 58.330 --------20.900 -20.900 24.660 89.060 (32.780) (0.680) -----

Other Comprehensive Income Other Equity, Total Total Equity Total Liabilities & Shareholders' Equity Shares Outs - Common Stock Primary Issue Shares Outstanding - Common Issue 2 Shares Outstanding - Common Issue 3 Shares Outstanding - Common Issue 4 Total Common Shares Outstanding Treas Shares - Common Stock Prmry Issue Treasury Shares - Common Issue 2 Treasury Shares - Common Issue 3 Treasury Shares - Common Issue 4 Shares Outstanding - Preferred Issue 1 Shares Outstanding - Preferred Issue 2 Shares Outstanding - Preferred Issue 3 Shares Outstanding - Preferred Issue 4 Shares Outstanding - Preferred Issue 5 Shares Outstanding - Preferred Issue 6 Total Preferred Shares Outstanding Treasury Shares - Preferred Issue 1 Treasury Shares - Preferred Issue 2 Treasury Shares - Preferred Issue 3 Treasury Shares - Preferred Issue 4 Treasury Shares - Preferred Issue 5 Treasury Shares - Preferred Issue 6 Full-Time Employees Part-Time Employees Number of Common Shareholders Accumulated Goodwill Amortization Suppl. Accumulated Intangible Amort, Suppl. Deferred Revenue - Current Deferred Revenue - Long Term Total Risk-Weighted Capital Tier 1 Capital % Total Capital % Trading Account Credit Exposure Non-Performing Loans Assets under Management Reported Total Assets Reported Total Liabilities Shareholders' Equity Excl. Stock Subscr. Reported Shareholder's Equity Reported Net Assets Reported Net Assets to Total Assets Reported Return on Assets Reported Return on Equity

(16.690) (16.690) 116.800 195.540 14.810 ---14.810 ----------------------------------------

(16.670) (16.670) 111.020 195.360 14.810 ---14.810 6.270 ---------------------------------------

(8.510) (8.430) (8.540) (8.510) (8.430) (8.540) 110.470 104.980 98.180 194.140 191.410 158.210 14.790 14.660 14.580 ---------14.790 14.660 14.580 ----------------------------------------------------------------------------------------------------------------------

(9.190) (9.190) 91.970 150.300 14.520 ---14.520 6.380 ---------------------------------------

Cash Flow (Indirect) - Interim - Standardised in Millions of US Dollar [+] Add Item Fiscal Period: Period End Date: Period Length: Update Type: Update Date:

2009 Q1 2008 Q4 3/31/2009 12/31/2008 3 Months 12 Months Update Update 3/31/2009 12/31/2008

2008 Q3 9/30/2008 9 Months Update 9/30/2008

2008 Q2 6/30/2008 6 Months Update 6/30/2008

2008 Q1 2007 Q4 3/31/2008 12/31/2007 3 Months 12 Months Update Update 3/31/2008 12/31/2007

Source 10-Q Source Date: 4/23/2009 Complete Statement: Complete Net Income/Starting Line 6.970 Depreciation 1.660 Depreciation/Depletion 1.660 Amortization of Intangibles 0.360 Amortization of Acquisition Costs -Amortization 0.360 Deferred Taxes 0.000 Accounting Change -Discontinued Operations -Extraordinary Item -Unusual Items -Purchased R&D -Equity in Net Earnings (Loss) -Other Non-Cash Items 1.290 Non-Cash Items 1.290 Accounts Receivable 0.780 Inventories (0.840) Prepaid Expenses (1.620) Other Assets -Accounts Payable -Accrued Expenses -Payable/Accrued -Taxes Payable -Other Liabilities 0.620 Other Assets & Liabilities, Net -Other Operating Cash Flow -Changes in Working Capital (1.060) Cash from Operating Activities 9.230 Purchase of Fixed Assets (1.310) Purchase/Acquisition of Intangibles -Software Development Costs -Capital Expenditures (1.310) Acquisition of Business 0 Sale of Business -Sale of Fixed Assets -Sale/Maturity of Investment -Investment, Net -Purchase of Investments -Sale of Intangible Assets -Intangible, Net -Other Investing Cash Flow (0.070) Other Investing Cash Flow Items, Total (0.070) Cash from Investing Activities (1.370) Other Financing Cash Flow 0.050 Financing Cash Flow Items 0.050 Cash Dividends Paid - Common (1.620) Cash Dividends Paid - Preferred -Total Cash Dividends Paid (1.620) Sale/Issuance of Common 0.040 Repurchase/Retirement of Common 0 Common Stock, Net 0.040

10-K 10-Q 10-Q 10-Q 3/4/2009 10/23/2008 7/25/2008 4/23/2008 Complete Complete Complete Complete 25.080 18.890 13.060 6.020 5.950 4.760 3.340 1.770 5.950 4.760 3.340 1.770 1.100 0.740 0.390 0.030 ----1.100 0.740 0.390 0.030 (1.490) (0.010) (0.020) 0.010 ------------(0.990) 0.000 0.000 ---------4.670 3.410 2.290 1.170 3.680 3.410 2.290 1.170 (6.030) (5.260) (7.080) (2.920) (5.580) (10.840) (5.220) (4.150) 0.370 (0.410) (0.990) (1.170) --------------------3.960 3.690 4.570 3.780 --------(7.270) (12.810) (8.720) (4.460) 27.050 14.980 10.330 4.530 (13.240) (10.470) (7.490) (2.780) (25.650) (25.650) (25.650) -----(38.890) (36.120) (33.140) (2.780) 0 0 0 0 ----1.630 0.000 0.000 ---------------------(0.910) (0.690) (0.620) (0.140) 0.720 (0.690) (0.620) (0.140) (38.160) (36.810) (33.760) (2.920) 3.990 3.970 1.670 0.810 3.990 3.970 1.670 0.810 (5.850) (4.230) (2.610) (1.300) ----(5.850) (4.230) (2.610) (1.300) 0.180 0.140 0.070 0.040 0 0 0 0 0.180 0.140 0.070 0.040

10-K 2/28/2008 Complete 16.460 6.310 6.310 0.160 -0.160 (1.150) ---(0.500) --4.370 3.870 0.300 0.240 (0.060) -----2.140 --2.630 28.280 (15.970) --(15.970) 0 -3.190 -----(0.340) 2.850 (13.120) 2.000 2.000 (4.870) -(4.870) 0.170 0.000 0.170

Sale/Issuance of Preferred Repurchase/Retirement of Preferred Preferred Stock, Net Sale/Issuance of Common/Preferred Repurch./Retirement of Common/Preferred Options Exercised Warrants Converted Treasury Stock Issuance (Retirement) of Stock, Net Short Term Debt Issued Short Term Debt Reduction Short Term Debt, Net Long Term Debt Issued Long Term Debt Reduction Long Term Debt, Net Total Debt Issued Total Debt Reduction Issuance (Retirement) of Debt, Net Cash from Financing Activities Foreign Exchange Effects Net Change in Cash Net Cash - Beginning Balance Net Cash - Ending Balance Cash Interest Paid Cash Taxes Paid Reported Cash from Operating Activities Reported Cash from Investing Activities Reported Cash from Financing Activities

-----0.080 --0.120 --(4.250) -(2.450) (2.450) --(6.700) (8.160) 0.170 (0.130) 6.220 6.090 ------

-----2.050 --2.220 --(0.760) 15.000 (5.690) 9.310 --8.560 8.920 (0.260) (2.450) 8.670 6.220 1.540 10.860 ----

2009 Q1

2008 Q4

26.5% 16.5% 18.2%

27.3% 16.7% 17.8%

27.0% 15.2% 17.0%

29.0% 15.1% 16.8%

29.6% 15.3% 18.0%

25.6% 13.2% 13.9%

$15.4 2.9 -116.8 $135.1

$19.7 5.5 -111.0 $136.2

$25.1 8.0 -110.5 $143.5

$34.8 2.7 -105.0 $142.5

$10.6 2.6 -98.2 $111.4

$13.6 3.1 -92.0 $108.7

$ Revenue / $ Invested Capital

$2.05

$2.05

$1.88

$1.85

$2.25

$2.16

LTM EBITDA

$42.5

ROE ROA ROIC

Short-term Debt Long-Term Debt Preferred Stock Equity Common Stock Equity Invested Capital

-----2.000 --2.140 --4.730 15.000 (3.350) 11.650 --16.380 18.260 (0.150) (3.730) 8.670 4.940 ------

-----0.970 --1.040 --21.650 -(1.040) (1.040) --20.610 20.720 (0.560) (3.270) 8.670 5.400 ------

-----0.530 --0.570 --(3.220) -(0.530) (0.530) --(3.750) (3.670) (0.320) (2.380) 8.670 6.290 ------

-----1.520 --1.690 --(7.960) 0.000 (1.940) (1.940) --(9.900) (11.080) (0.450) 3.620 5.050 8.670 1.700 4.740 ----

2008 Q3 2008 Q2 2008 Q1

2007 Q4

DuPont ROE Analysis Net Income Revenue Profit Margin

$26 276 9.4%

$25 280 9.0%

$23 269 8.6%

$23 263 8.8%

$22 251 8.8%

$18 235 7.8%

Revenue Total Assets Asset Utilization

$276 196 1.4x

$280 195 1.4x

$269 194 1.4x

$263 191 1.4x

$251 158 1.6x

$235 150 1.6x

Return on Assets

13.3%

12.8%

11.9%

12.2%

13.9%

12.2%

196 98 2.0x

195 92 2.1x

194 85 2.3x

191 80 2.4x

158 74 2.1x

150 72 2.1x

26.5%

27.3%

27.0%

29.0%

29.6%

25.6%

Gross Profit SG&A R&D D&A Taxes NOPAT

$100 $58 $0 $7 $15 $20

$98 $58 $0 $7 $14 $19

$94 $56 $0 $7 $14 $17

$94 $55 $0 $7 $14 $18

$90 $53 $0 $7 $13 $17

$81 $51 $0 $6 $11 $13

ST debt LT debt Equity Invested Capital

$15 $3 $117 $135

$20 $6 $111 $136

$25 $8 $110 $143

$35 $3 $105 $143

$11 $3 $98 $111

$14 $3 $92 $109

ROIC

18.2%

17.8%

17.0%

16.8%

18.0%

13.9%

OCF Capex FCF

$32 ($37) ($6)

$27 ($39) ($12)

$22 ($39) ($17)

$28 ($39) ($11)

$25 ($15) $10

$28 ($16) $12

$26

$25

$23

$23

$22

$18

(21.8%)

(47.2%)

47.3%

66.9%

Total Assets Beginning Common Equity Leverage Return on Equity

Net Income FCF Conversion (FCF/NI)

(74.2%) (48.1%)

2007 Q3 9/30/2007 3 Months Update 9/30/2007 10-Q 10/24/2007 Complete 62.780 ---62.780 ---62.780 40.110 -40.110 22.670 12.900 --12.900 -------------------------

2007 Q2 6/30/2007 3 Months Update 6/30/2007 10-Q 8/6/2007 Complete 62.170 ---62.170 ---62.170 39.640 -39.640 22.530 13.120 --13.120 -------------------------

2007 Q1 2006 Q4 2006 Q3 3/31/2007 12/31/2006 9/30/2006 3 Months 3 Months 3 Months Update Update Reclassified 3/31/2007 12/31/2006 9/30/2007 10-Q 10-K 10-Q 4/20/2007 3/6/2007 10/24/2007 Complete Complete Complete 52.660 52.710 60.210 ---------52.660 52.710 60.210 ---------52.660 52.710 60.210 36.410 -42.320 ---36.410 -42.320 16.260 52.710 17.890 11.990 -11.100 ------11.990 -11.100 -------------------------------------------------------------------------

2006 Q2 6/30/2006 3 Months Restated 6/30/2007 10-Q 8/6/2007 Complete 58.840 ---58.840 ---58.840 38.270 -38.270 20.570 11.880 --11.880 -------------------------

2006 Q1 2005 Q4 2005 Q3 2005 Q2 3/31/2006 12/31/2005 9/30/2005 6/30/2005 3 Months 3 Months 9 Months 6 Months Restated Restated Restated Reclassified 3/31/2007 12/31/2006 12/31/2006 9/30/2006 10-Q 10-K 10-K 10-Q 4/20/2007 3/6/2007 3/6/2007 10/31/2006 Complete Complete Complete Complete 58.000 48.640 154.990 111.860 ------------58.000 48.640 154.990 111.860 ------------58.000 48.640 154.990 111.860 36.950 --72.430 ----36.950 --72.430 21.050 48.640 154.990 39.440 12.410 --25.450 --------12.410 --25.450 -------------------------------------------------------------------------------------------------

---53.020 9.760 (0.350) -(0.350) ----(0.350) ------9.420 3.400 6.020 ---6.020 -(0.270) --(0.270) 5.750 ------6.020 5.750 14.290 0.420 0.400 -5.750 14.660 0.410 0.390 0.090 ------

---52.760 9.420 (0.320) -(0.320) ----(0.320) ------9.100 3.380 5.720 ---5.720 -(0.250) --(0.250) 5.470 ------5.720 5.470 14.170 0.400 0.390 -5.470 14.570 0.390 0.380 0.080 ------

---48.390 4.270 (0.350) -(0.350) ----(0.350) ------3.920 1.450 2.470 ---2.470 -0.100 --0.100 2.570 ------2.470 2.570 14.060 0.180 0.180 -2.570 14.540 0.170 0.180 0.080 ------

35.580 -35.580 35.580 17.120 ------------(12.590) (12.590) 4.530 2.200 2.330 ---2.330 -(2.550) --(2.550) (0.210) ------2.330 (0.210) 13.980 0.170 (0.020) 0.000 (0.210) 13.980 0.170 (0.020) 0.080 ------

---53.420 6.790 (0.460) -(0.460) ----(0.460) ------6.330 2.380 3.950 ---3.950 -(4.460) --(4.460) (0.520) ------3.950 (0.520) 13.940 0.280 (0.040) -(0.520) 13.940 0.280 (0.040) 0.080 ------

---50.150 8.690 (0.360) -(0.360) ----(0.360) ------8.330 3.270 5.060 ---5.060 -(1.010) --(1.010) 4.050 ------5.060 4.050 13.870 0.360 0.290 -4.050 14.380 0.350 0.280 0.080 ------

---49.360 8.640 (0.350) -(0.350) ----(0.350) ------8.300 3.070 5.230 ---5.230 -(1.000) --(1.000) 4.230 ------5.230 4.230 13.690 0.380 0.310 -4.230 14.300 0.370 0.300 0.080 ------

31.340 -31.340 31.340 17.300 ------------(11.870) (11.870) 5.440 1.740 3.690 ---3.690 -(1.970) --(1.970) 1.730 ------3.690 1.730 13.580 0.270 0.130 -1.730 14.160 0.260 0.120 0.080 ------

98.880 -98.880 98.880 56.120 ------------(35.890) (35.890) 20.230 7.760 12.470 ---12.470 -(0.950) --(0.950) 11.530 ------12.470 11.530 13.360 0.930 0.860 -11.530 13.960 0.890 0.830 0.220 ------

---97.880 13.990 (0.780) -(0.780) ----(0.780) ------13.210 5.500 7.720 ---7.720 -----7.720 ------7.720 7.720 13.400 0.580 0.580 0.000 7.720 13.820 0.560 0.560 0.140 ------

------------9.420 -3.400 6.020 6.020 0.420 0.410 -----0.350 -1.500 --0.040 ----------------22.670 9.760 -------

------------9.100 -3.380 5.720 5.720 0.400 0.390 ----0.220 0.320 -1.650 --0.040 ----------------22.530 9.420 -------

------------3.920 -1.450 2.470 2.470 0.180 0.170 ----0.210 0.350 -1.720 --0.040 ----------------16.260 4.270 -------

--1.120 ---------4.530 -2.200 2.330 2.330 0.170 0.170 -------1.590 --0.180 -------------------------

--1.120 ---------6.330 -2.380 3.950 3.950 0.280 0.280 -----0.460 -1.540 --0.050 ----------------17.890 6.790 -------

--1.050 ---------8.330 -3.270 5.060 5.060 0.360 0.350 -----0.360 -1.750 --0.050 ----------------20.570 8.690 -------

--1.040 ---------8.300 -3.070 5.230 5.230 0.380 0.370 -----0.350 -1.750 --0.130 ----------------21.050 8.640 -------

------------5.440 -1.740 3.690 3.690 0.270 0.260 ------------------------------------

------------20.230 -7.760 12.470 12.470 0.930 0.890 ------------------------------------

------------13.210 -5.500 7.720 7.720 0.580 0.560 0.140 7.580 0.560 0.550 -0.780 -3.190 --0.120 -------------------------

2007 Q3 9/30/2007 Update 9/30/2007 10-Q 10/24/2007 Complete 4.550 --4.550 --34.890 --34.890 7.860 10.530 17.400 --35.780 3.160 -3.760 0.900 -4.660 83.040 -------123.350 (70.750) 52.600 --6.960 --0.510 ------

2007 Q2 6/30/2007 Update 6/30/2007 10-Q 8/6/2007 Complete 5.990 --5.990 --37.310 --37.310 8.480 9.060 17.150 --34.700 3.960 -3.750 2.130 -5.880 87.840 -------120.410 (69.280) 51.130 --6.960 --0.550 ------

2007 Q1 2006 Q4 2006 Q3 3/31/2007 12/31/2006 9/30/2006 Update Update Update 3/31/2007 12/31/2006 9/30/2006 10-Q 10-K 10-Q 4/20/2007 3/6/2007 10/31/2006 Complete Complete Complete 1.780 3.000 4.280 ------1.780 3.000 4.280 ------31.320 29.280 41.320 ------31.320 29.280 41.320 9.630 9.120 10.400 9.920 10.300 8.110 14.590 13.870 14.300 ------34.140 33.290 32.810 3.820 3.180 2.600 ---3.760 3.740 3.480 6.660 6.880 ----10.420 10.610 3.480 81.480 79.360 84.480 ---------------------116.150 113.250 116.520 (69.370) (68.540) (70.340) 46.780 44.710 46.180 ------6.960 6.960 6.840 ------0.600 0.640 0.940 ----------------

2006 Q2 6/30/2006 Update 6/30/2006 10-Q 8/7/2006 Complete 3.510 --3.510 --38.260 --38.260 12.170 8.690 15.410 --36.270 3.000 -3.470 --3.470 84.500 -------114.520 (68.010) 46.510 --6.870 --1.110 ------

2006 Q1 2005 Q4 2005 Q3 3/31/2006 12/31/2005 9/30/2005 Update Reclassified Update 3/31/2006 12/31/2006 9/30/2005 10-Q 10-K 10-Q 4/26/2006 3/6/2007 10/26/2005 Complete Complete Complete 5.770 3.220 3.080 ------5.770 3.220 3.080 ------34.920 27.060 33.970 ------34.920 27.060 33.970 10.980 7.250 12.560 9.250 9.050 9.150 12.720 11.050 11.250 ------32.940 27.350 32.960 3.120 2.180 2.490 ---3.450 3.430 3.960 -9.330 ----3.450 12.760 3.960 80.190 72.560 76.460 ---------------------111.700 104.840 108.270 (67.380) (64.510) (66.430) 44.320 40.340 41.840 ------6.670 6.580 6.640 ------1.140 0.660 1.080 ----------------

2005 Q2 6/30/2005 Update 6/30/2005 10-Q 8/18/2005 Complete 2.140 --2.140 --34.580 --34.580 13.370 9.680 11.400 --34.450 2.760 -3.970 --3.970 77.890 -------106.240 (66.280) 39.960 --6.670 --1.110 ------

---3.510 3.510 3.510 ------4.980 4.510 4.260 8.490 8.020 7.770 151.610 154.510 143.580 13.960 13.610 12.850 ---6.780 6.310 5.600 10.370 18.510 10.820 2.710 2.680 1.970 ---------9.800 9.440 7.060 ------0.440 1.420 7.020 2.280 2.640 2.770 12.520 13.500 16.850 46.330 54.600 48.090 3.650 4.170 5.360 ---3.650 4.170 5.360 16.730 25.360 18.160 0.220 0.200 0.200 0.220 0.200 0.200 ------15.460 14.890 15.240 0.510 0.530 0.550 ---15.970 15.410 15.780 66.170 74.390 69.440 ------------------------20.850 20.800 20.620 ---20.850 20.800 20.620 21.890 21.220 20.000 87.700 83.240 78.920 (32.780) (32.790) (32.850) (0.680) (0.680) (0.680) -------------

0.000 3.510 0.000 -4.210 7.720 139.380 10.600 -6.180 15.090 1.940 ---0.620 --8.320 2.950 11.900 45.710 5.930 -5.930 22.970 0.200 0.200 --15.170 0.560 -15.730 67.560 --------20.550 -20.550 19.430 77.480 (32.860) (0.740) -----

16.370 ---3.920 20.290 158.720 16.140 -5.630 21.610 3.810 ---1.900 ---3.350 5.250 52.440 6.480 -6.480 31.900 6.600 6.600 --10.470 0.580 -11.040 76.560 --------20.490 -20.490 15.530 78.810 (32.670) (0.800) -----

16.820 17.270 ------4.070 4.120 20.890 21.390 159.870 153.710 14.870 15.000 --5.660 4.630 20.860 9.590 4.720 6.080 ------2.410 3.000 ------3.510 3.570 5.920 6.570 52.030 41.870 6.970 15.680 --6.970 15.680 32.540 31.340 6.600 6.590 6.600 6.590 ----10.310 10.570 0.600 0.620 --10.900 11.190 76.490 75.320 ----------------20.470 10.150 --20.470 10.150 15.170 24.270 80.460 77.450 (32.680) (32.910) (0.800) (0.800) ---------

17.730 0.000 4.000 -4.000 25.730 145.870 9.830 -5.960 5.900 7.430 ---1.650 --5.820 3.050 10.520 39.640 15.360 -15.360 28.690 6.580 6.580 --10.230 0.630 -10.870 72.450 --------20.110 -20.110 13.320 74.260 (32.920) (1.360) -----

18.120 ---4.130 22.250 148.260 14.320 -6.050 9.200 7.340 ---2.480 ---3.660 6.140 43.050 15.940 -15.940 32.480 7.410 7.410 --10.730 --10.730 77.120 --------10.040 -10.040 21.400 73.560 (32.640) (1.400) -----

16.510 ---4.250 20.750 146.390 14.360 -5.300 6.990 7.250 ---4.430 ---3.680 8.110 42.000 17.860 -17.860 32.090 7.410 7.410 --10.630 --10.630 77.900 --------9.970 -9.970 20.250 70.760 (31.400) (1.450) -----

(11.530) (11.670) (11.860) (11.530) (11.670) (11.860) 85.440 80.120 74.140 151.610 154.510 143.580 14.460 14.400 14.230 ---------14.460 14.400 14.230 ---------------------------------------------------------------------------------------------------------------------2007 Q3 9/30/2007 9 Months Update 9/30/2007

2007 Q2 6/30/2007 6 Months Update 6/30/2007

(12.040) (12.040) 71.820 139.380 14.150 ---14.150 6.400 ---------------------------------------

2007 Q1 2006 Q4 3/31/2007 12/31/2006 3 Months 12 Months Update Update 3/31/2007 12/31/2006

0.790 0.790 82.170 158.720 14.100 ---14.100 ----------------------------------------

0.760 0.220 0.760 0.220 83.380 78.390 159.870 153.710 14.070 13.890 ------14.070 13.890 -------------------------------------------------------------------------------

2006 Q3 2006 Q2 9/30/2006 6/30/2006 9 Months 6 Months Update Reclassified 9/30/2006 6/30/2007

0.000 0.000 73.420 145.870 13.700 ---13.700 6.420 ---------------------------------------

0.190 0.190 71.140 148.260 13.670 ---13.670 ----------------------------------------

0.360 0.360 68.490 146.390 13.450 ---13.450 6.300 ---------------------------------------

2006 Q1 2005 Q4 2005 Q3 2005 Q2 3/31/2006 12/31/2005 9/30/2005 6/30/2005 3 Months 12 Months 9 Months 6 Months Update Update Reclassified Reclassified 3/31/2006 12/31/2005 9/30/2006 6/30/2006

10-Q 10-Q 10-Q 10/24/2007 8/6/2007 4/20/2007 Complete Complete Complete 13.790 8.040 2.570 4.870 3.370 1.720 4.870 3.370 1.720 0.120 0.080 0.040 ---0.120 0.080 0.040 (0.010) (0.010) (0.020) ---------(0.500) (0.500) -------2.680 1.760 1.030 2.190 1.270 1.030 (4.350) (7.400) (2.510) (1.530) (0.520) (0.080) 0.120 (0.690) (0.760) ---------------5.750 6.440 5.370 ------(0.020) (2.160) 2.030 20.950 10.590 7.370 (12.660) (9.900) (3.690) 0.000 -----(12.660) (9.900) (3.690) ------3.190 3.190 ----------------(0.530) (0.010) (0.030) 2.670 3.180 (0.030) (9.990) (6.720) (3.720) 1.470 0.910 0.530 1.470 0.910 0.530 (3.570) (2.280) (1.130) ---(3.570) (2.280) (1.130) 0.130 0.100 0.040 ---0.130 0.100 0.040

10-K 10-Q 3/6/2007 10/31/2006 Complete Complete 7.550 7.760 6.590 5.000 6.590 5.000 0.420 0.240 --0.420 0.240 (2.080) (0.030) ------1.370 1.290 ----4.150 3.200 5.520 4.490 1.370 (10.460) (1.530) (0.390) 0.300 (0.280) ----------(1.380) (0.060) ----(1.240) (11.180) 16.750 6.280 (11.060) (7.940) ----(11.060) (7.940) ----------------(0.520) (0.260) (0.520) (0.260) (11.580) (8.200) 2.940 2.500 2.940 2.500 (4.330) (3.210) --(4.330) (3.210) 0.580 0.370 0.000 0.000 0.580 0.370

10-Q 10-Q 8/6/2007 4/26/2006 Complete Complete 8.280 4.230 3.460 1.750 3.460 1.750 0.180 0.130 --0.180 0.130 (0.020) (0.010) ------0.000 -----2.370 1.700 2.370 1.700 (7.370) (4.340) (3.870) (0.840) (0.710) (0.820) ----------(0.290) 0.870 ----(12.240) (5.120) 2.030 2.680 (5.540) (2.030) ----(5.540) (2.030) ----0.000 -----------(0.120) (0.220) (0.120) (0.220) (5.660) (2.250) 2.330 1.240 2.330 1.240 (2.080) (1.040) --(2.080) (1.040) 0.310 0.040 -0.000 0.310 0.040

10-K 10-Q 3/6/2006 10/31/2006 Complete Complete 13.250 11.530 6.160 4.720 6.160 4.720 0.200 0.150 --0.200 0.150 (0.320) (0.030) ------0.000 0.000 ----2.400 1.540 2.400 1.540 (4.340) (7.830) 2.690 1.800 (0.340) (0.510) ----------(1.340) 2.910 ----(3.330) (3.630) 18.360 14.280 (9.090) (5.540) ----(9.090) (5.540) ----------------(0.270) (0.290) (0.270) (0.290) (9.360) (5.830) -0.000 -0.000 (3.920) (2.900) --(3.920) (2.900) 1.290 0.840 (3.320) (2.960) (2.040) (2.120)

10-Q 8/7/2006 Complete 7.720 3.450 3.450 0.120 -0.120 (0.030) ------1.680 1.680 (8.410) 0.350 (0.790) -----4.570 --(4.280) 8.650 (2.300) --(2.300) --------(0.410) (0.410) (2.710) 0.000 0.000 (1.880) -(1.880) 0.580 (1.650) (1.080)

-----1.160 --1.290 --(8.370) -(1.450) (1.450) --(9.820) (10.630) (0.350) (0.030) 5.050 5.020 ------

-----0.720 --0.810 --(0.060) -(0.960) (0.960) --(1.020) (1.570) (0.050) 2.250 5.050 7.290 ------

-----0.400 --0.440 --(4.350) -(0.540) (0.540) --(4.880) (5.050) (0.040) (1.430) 5.050 3.610 ------

-----3.060 --3.640 --8.970 0.000 (14.920) (14.920) --(5.950) (3.700) (0.830) 0.650 4.400 5.050 1.610 10.850 ----

-----2.330 --2.690 --12.400 0.000 (12.500) (12.500) --(0.100) 1.880 (0.090) (0.120) 4.400 4.280 ------

2007 Q3 2007 Q2 2007 Q1

-----2.020 --2.340 --11.580 -(11.110) (11.110) --0.480 3.050 (0.310) (0.890) 4.400 3.510 ------

-----1.250 --1.290 --0.620 -(1.030) (1.030) --(0.410) 1.080 (0.140) 1.370 4.400 5.770 ------

-----2.430 --0.400 --(8.230) 10.000 (7.380) 2.620 --(5.610) (9.130) 1.700 1.570 2.830 4.400 2.270 6.920 ----

-----1.290 --(0.830) --(7.920) 10.000 (6.890) 3.110 --(4.810) (8.540) 0.330 0.250 2.830 3.080 ------

-----0.630 --(0.450) --(10.100) 10.000 (5.070) 4.930 --(5.170) (7.500) 0.870 (0.690) 2.830 2.140 ------

2006 Q2 2006 Q1

2006 Q4

2006 Q3

2005 Q4

2005 Q3

2005 Q2

20.1% 10.4% 51.7%

17.4% 9.1% 49.1%

17.6% 9.0% 51.3%

22.6% 11.4% 57.7%

25.2% 12.1% 53.6%

38.6% 18.1% 197.5%

43.9% 19.9% 198.3%

42.8% 19.2% 196.4%

39.5% 17.4% 159.6%

26.1% 11.2% 11.0%

$13.1 3.7 -85.4 $102.2

$21.2 4.2 -80.1 $105.5

$12.8 5.4 -74.1 $92.3

$17.0 5.9 -71.8 $94.8

$25.4 6.5 -82.2 $114.1

$25.6 7.0 -83.4 $115.9

$15.7 15.7 -78.4 $109.7

$13.3 15.4 -73.4 $102.1

$16.5 15.9 -71.1 $103.6

$14.2 17.9 -68.5 $100.6

$2.25

$2.16

$2.43

$2.42

$1.98

$2.76

$3.40

$3.62

$3.57

$2.67

$17 230 7.2%

$14 228 6.4%

$14 224 6.2%

$17 230 7.2%

$18 226 7.9%

$26 320 8.3%

$29 373 7.8%

$27 370 7.4%

$25 370 6.6%

$15 268 5.8%

$230 152 1.5x

$228 155 1.5x

$224 144 1.6x

$230 139 1.6x

$226 159 1.4x

$320 160 2.0x

$373 154 2.4x

$370 146 2.5x

$370 148 2.5x

$268 146 1.8x

10.9%

9.4%

9.6%

11.9%

11.3%

16.5%

18.9%

18.8%

16.6%

10.6%

152 82 1.8x

155 83 1.9x

144 78 1.8x

139 73 1.9x

159 71 2.2x

160 68 2.3x

154 66 2.3x

146 64 2.3x

148 62 2.4x

146 59 2.5x

20.1%

17.4%

17.6%

22.6%

25.2%

38.6%

43.9%

42.8%

39.5%

26.1%

$114 $38 $0 $7 $10 $59

$109 $36 $0 $7 $9 $57

$107 $35 $0 $7 $9 $56

$112 $35 $0 $7 $11 $59

$108 $35 $0 $7 $10 $56

$245 $24 $0 $6 $16 $199

$264 $38 $0 $6 $18 $202

$262 $38 $0 $6 $17 $200

$229 $51 $0 $7 $18 $154

$92 $62 $0 $7 $13 $10

$13 $4 $85 $102

$21 $4 $80 $105

$13 $5 $74 $92

$17 $6 $72 $95

$25 $6 $82 $114

$26 $7 $83 $116

$16 $16 $78 $110

$13 $15 $73 $102

$17 $16 $71 $104

$14 $18 $68 $101

51.7%

49.1%

51.3%

57.7%

53.6%

197.5%

198.3%

196.4%

159.6%

11.0%

$31 ($16) $16

$25 ($15) $10

$21 ($13) $9

$17 ($11) $6

$10 ($11) ($1)

$12 ($12) ($1)

$17 ($10) $7

$18 ($9) $9

$16 ($7) $9

$12 ($5) $6

$17

$14

$14

$17

$18

$26

$29

$27

$25

$15

94.6%

68.3%

63.1%

34.3%

(6.3%)

(2.2%)

25.2%

33.8%

35.4%

41.3%

2005 Q1 2004 Q4 2004 Q3 2004 Q2 3/31/2005 12/31/2004 9/30/2004 6/30/2004 3 Months 3 Months 3 Months 3 Months Update Update Update Reclassified 3/31/2005 12/31/2004 9/30/2004 6/30/2005 10-Q 10-K 10-Q 10-Q 4/27/2005 3/1/2005 10/28/2004 8/8/2005 Complete Complete Complete Complete 54.430 48.520 53.340 53.550 ------------54.430 48.520 53.340 53.550 ------------54.430 48.520 53.340 53.550 35.470 32.550 35.440 36.570 ----35.470 32.550 35.440 36.570 18.960 15.970 17.900 16.980 12.820 12.320 11.320 11.610 --------12.820 12.320 11.320 11.610 -------------------------------------------------------------------------------------------------

---48.290 6.140 (0.460) -(0.460) ----(0.460) ----0.340 0.340 6.030 2.470 3.560 ---3.560 -----3.560 ------3.560 3.560 13.400 0.270 0.270 0.000 3.560 13.880 0.260 0.260 0.070 ------

---44.870 3.650 (0.320) -(0.320) ----(0.320) ----(0.300) (0.300) 3.040 2.220 0.820 ---0.820 -----0.820 ------0.820 0.820 13.260 0.060 0.060 0.000 0.820 13.260 0.060 0.060 0.070 ------

---46.760 6.580 (0.410) -(0.410) ----(0.410) ----(0.110) (0.110) 6.060 2.670 3.390 ---3.390 -----3.390 ------3.390 3.390 13.230 0.260 0.260 0.000 3.390 13.710 0.250 0.250 0.070 ------

---48.180 5.370 (0.450) -(0.450) ----(0.450) ----(0.070) (0.070) 4.840 1.860 2.980 ---2.980 -----2.980 ------2.980 2.980 13.150 0.230 0.230 0.000 2.980 13.580 0.220 0.220 0.070 ------

--0.940 ---------6.030 -2.470 3.560 3.560 0.270 0.260 0.080 3.480 0.260 0.250 -0.460 -1.740 --0.050 -------------------------

------------3.040 -2.220 0.820 0.820 0.060 0.060 0.040 0.770 0.060 0.060 -0.320 -1.700 --0.100 -------------------------

------------6.060 -2.670 3.390 3.390 0.260 0.250 0.090 3.300 0.250 0.240 -0.410 -3.560 --0.070 -------------------------

------------4.840 -1.860 2.980 2.980 0.230 0.220 0.090 2.890 0.220 0.220 -0.450 -1.770 --0.040 -------------------------

2005 Q1 2004 Q4 2004 Q3 2004 Q2 3/31/2005 12/31/2004 9/30/2004 6/30/2004 Update Update Update Update 3/31/2005 12/31/2004 9/30/2004 6/30/2004 10-Q 10-K 10-Q 10-Q 4/27/2005 3/1/2005 10/28/2004 7/29/2004 Complete Complete Complete Complete 2.380 2.830 2.020 2.860 --------2.380 2.830 2.020 2.860 --------32.140 26.880 31.020 29.840 --------32.140 26.880 31.020 29.840 13.560 14.120 11.510 11.180 9.410 9.050 9.850 9.200 11.920 12.470 10.850 10.520 --------34.890 35.650 32.220 30.900 3.000 2.020 1.650 1.760 ----3.990 4.010 3.780 3.760 --------3.990 4.010 3.780 3.760 76.400 71.380 70.680 69.120 ----------------------------107.390 107.300 105.780 104.410 (66.330) (65.280) (64.380) (62.830) 41.070 42.020 41.400 41.580 --------6.930 7.100 6.750 6.960 --------1.200 1.160 1.220 1.240 ---------------------

16.900 ---4.100 21.000 146.600 15.500 -4.620 18.410 5.400 ---2.560 ---3.730 6.290 50.220 11.630 -11.630 35.440 7.420 7.420 --11.040 --11.040 80.310 --------9.920 -9.920 19.020 67.550 (30.560) (0.920) -----

17.290 ---4.010 21.300 142.960 11.400 -6.170 17.540 5.350 ---0.980 ---3.820 4.800 45.250 14.820 -14.820 37.710 7.440 7.440 --11.390 --11.390 78.900 --------9.870 -9.870 18.310 64.930 (30.010) (1.070) -----

17.530 ---3.530 21.060 141.110 13.840 -6.590 8.910 5.660 ---3.500 ---3.890 7.390 42.390 19.800 -19.800 34.370 5.760 5.760 --10.900 --10.900 78.860 --------4.900 -4.900 21.540 65.040 (29.320) (1.070) -----

15.760 ---3.610 19.370 138.270 14.430 -5.860 8.210 5.740 ---3.240 ---3.810 7.050 41.290 20.950 -20.950 34.900 5.730 5.730 --10.930 --10.930 78.900 --------4.880 -4.880 21.080 62.580 (29.160) (1.070) -----

1.270 1.270 66.280 146.600 13.400 ---13.400 6.300 ---------------------------------------

2.020 2.020 64.070 142.960 13.440 ---13.440 6.300 ---------------------------------------

1.150 1.150 62.250 141.110 13.160 ---13.160 6.220 ---------------------------------------

1.050 1.050 59.370 138.270 13.300 ---13.300 6.220 ---------------------------------------

2005 Q1 2004 Q4 2004 Q3 2004 Q2 3/31/2005 12/31/2004 9/30/2004 6/30/2004 3 Months 12 Months 9 Months 6 Months Reclassified Reclassified Reclassified Reclassified 3/31/2006 12/31/2005 9/30/2005 6/30/2005

10-Q 4/26/2006 Complete 3.560 1.750 1.750 0.060 -0.060 (0.030) ------1.280 1.280 (5.520) 0.410 (1.000) -----3.240 --(2.870) 3.750 (1.170) --(1.170) --------(0.230) (0.230) (1.400) 0.000 0.000 (0.940) -(0.940) 0.230 (0.630) (0.400)

10-K 3/6/2006 Complete 9.630 7.070 7.070 0.150 -0.150 1.520 ---0.000 --1.060 1.060 (0.170) (5.350) (0.790) -----(6.830) --(13.130) 6.300 (5.580) --(5.580) --------(0.730) (0.730) (6.320) --(3.630) -(3.630) 0.820 (1.710) (0.900)

10-Q 11/2/2005 Complete 8.820 5.350 5.350 0.110 -0.110 0.040 ------0.430 0.430 (4.840) (2.620) (0.470) -----(2.040) --(9.970) 4.780 (4.010) --(4.010) --------(0.090) (0.090) (4.100) --(2.700) -(2.700) 0.490 (0.920) (0.420)

10-Q 8/8/2005 Complete 5.430 3.560 3.560 0.080 -0.080 0.030 ------1.240 1.240 (3.760) (1.390) (0.590) -----(1.370) --(7.110) 3.230 (2.550) --(2.550) --------(0.260) (0.260) (2.810) --(1.770) -(1.770) 0.330 (0.690) (0.360)

-----0.610 --0.210 --1.000 -(3.140) (3.140) --(2.140) (2.870) 0.050 (0.460) 2.830 2.380 ------

-----1.950 --1.050 --13.570 0.000 (9.680) (9.680) --3.890 1.310 (0.550) 0.750 2.090 2.830 1.630 7.770 ----

-----1.300 --0.880 --5.180 0.000 (4.380) (4.380) --0.800 (1.030) 0.270 (0.070) 2.090 2.020 ------

-----0.830 --0.470 --5.020 0.000 (3.630) (3.630) --1.390 0.080 0.270 0.770 2.090 2.860 ------

2005 Q1

2004 Q4

2004 Q3

2004 Q2

$23.8 11.6 -66.3 $101.7

$22.9 14.8 -64.1 $101.8

$14.6 19.8 -62.3 $96.6

$14.0 21.0 -59.4 $94.3

$24 $12 $66 $102

$23 $15 $64 $102

$15 $20 $62 $97

$14 $21 $59 $94