INTERNATIONAL PAPER COMPANY
Income Statement
| Line Item | FY2009 | FY2008 | FY2007 |
|---|---|---|---|
| Revenue | $23.37B | $24.83B | $21.89B |
| Cost of Revenue | $15.22B | $18.74B | $16.06B |
| Gross Profit | $8.15B | $6.09B | $5.83B |
| Gross Margin | 34.9% | 24.5% | 26.6% |
| Operating Expenses | |||
| Research & Development | — | — | — |
| SG&A Expense | $2.03B | $1.95B | $1.83B |
| Operating Income | $2.36B | $-581.0M | $1.65B |
| Operating Margin | 10.1% | -2.3% | 7.6% |
| Interest Expense | $702.0M | $572.0M | — |
| Pretax Income | $1.20B | $-1.15B | $1.65B |
| Income Tax Expense | $469.0M | $162.0M | $415.0M |
| Net Income | $663.0M | $-1.28B | $1.17B |
| Net Margin | 2.8% | -5.2% | 5.3% |
| EPS (Basic) | $1.56 | $-3.05 | $2.72 |
| EPS (Diluted) | $1.55 | $-3.05 | $2.70 |
| Shares Outstanding (Basic) | 425.3M | 421.0M | — |
| Shares Outstanding (Diluted) | 428.0M | 421.0M | — |
| Dividends Per Share | $0.33 | — | — |