杜邦公司DuPont (DD) 2017年年度报告「NYSE」.pdf

1、UNLOCKING VALUE CREATING THREE WORLD-LEADING COMPANIES2017 ANNUAL REPORTAGRICULTUREMATERIALS SCIENCESPECIALTY PRODUCTSFINANCIAL HIGHLIGHTS In millions,except amounts per share 20172016?YoYNet sales$62,484$48,158$14,326Pro forma net sales1$79,535$70,894$8,641Income from continuing operations,net of t

2、ax$1,669$4,404$(2,735)Pro forma operating EBITDA1,2$16,166$14,114$2,052Earnings per common share from continuing operations diluted$0.95$3.52$(2.57)Pro forma adjusted earnings per common share from continuing operations diluted1,3$3.40$2.79$0.61All year-over-year comparisons are on a pro forma basis

3、 and exclude significant items.1 Pro forma information was prepared in accordance with Article 11 of Regulation S-X.2 Pro forma Operating EBITDA is defined as earnings(i.e.,“Pro forma income from continuing operations before income taxes”)before interest,depreciation,amortization and foreign exchang

4、e gains(losses),excluding the impact of significant items.3 Pro forma adjusted earnings per share is defined as“Pro forma earnings per common share from continuing operations diluted”excluding the after-tax impact of pro forma significant items and the after-tax impact of pro forma amortization expe

5、nse associated with DuPonts intangible assets.Andrew N.LiverisEdward D.Breen1In 2017,we took significant steps forward to create new value for you,our fellow shareholders.First and foremost,we closed the historic merger of Dow and DuPont,with a clear purpose to combine our highly complementary portf

6、olios and create three industry-leading growth companies in Agriculture,Materials Science,and Specialty Products.By year-end,the portfolios for these intended new companies were well aligned,with our teams moving quickly to integrate,begin capturing synergies and prepare for the spins.Importantly,we