December 11, 2003
IKON announces plans to
transition out of captive
leasing in North America
March 31, 2004
IKON completes U.S. leasing
transaction
March 31, 2004
IKON announces Board
authorization for $250 million
in share repurchases
June 30, 2004
IKON completes Canadian
leasing transaction
| Fiscal Year Ended September 30 (in millions, except per share data) | 2004 | 2003 |
| |
| Operating Results |
| Revenue | $ | 4,650 | $ | 4,711 |
| Operating income | 208 | 255 |
| Income before taxes on income | 124 | 186 |
| Diluted earnings per common share | 0.60 | 0.75 |
| Cash dividends per common share | 0.16 | 0.16 |
| |
| Financial Data |
| Depreciation and amortization | $ | 92 | $ | 112 |
| Capital expenditures | 93 | 126 |
| Working capital | 828 | 425 |
| Total assets | 4,538 | 6,640 |
| Total debt | 1,668 | 3,438 |
| Total corporate debt | 805 | 430 |
| Shareholders’ equity | 1,726 | 1,635 |
| |
| At Year-End |
| Actual common shares outstanding | 142 | 146 |
| Common stock price per share | $ | 12.02 | $ | 7.31 |
|
|
|
 |
