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• Financials

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• Financials

  1. 1. Mining Heavy Construction forestry Oil & Gas Industrial / OEM Quarry & Aggregates General Construction On-Highway Transportation paving Landscaping Governmental Power GenerationPipeline Railroad Waste APPLICATIONS 1 Marine (1)  This list does not reflect all Caterpillar applications. Caterpillar at a Glance ANOTHER RECORD YEAR. If there was ever a year that proved the strength of Caterpillar’s global business model, it was 2007. Over several decades, we’ve strategically built a worldwide manufacturing footprint, expanded our product offerings and increased our mix of integrated services businesses – confident that this diversity would keep us profitable during changing economic cycles. In 2007, we had an opportunity to prove it. financial information: 33 34 2007 Caterpillar Annual Report Demolition scrap
  2. 2. 35 FIVE-YEAR FINANCIAL SUMMARY (dollars in millions, except per share data) Years Ended December 31 2007 2006 2005 4 2004 4 2003 4 Sales and revenues $ 44,958 $ 41,517 $ 36,339 $ 30,306 $ 22,807 Sales $ 41,962 $ 38,869 $ 34,006 $ 28,336 $ 21,048 Percent inside the U.S. 37% 46% 47% 46% 44% Percent outside the U.S. 63% 54% 53% 54% 56% Revenues $ 2,996 $ 2,648 $ 2,333 $ 1,970 $ 1,759 Profit 6, 7 $ 3,541 $ 3,537 $ 2,854 $ 2,035 $ 1,099 As a percent of sales and revenues 7.9% 8.5% 7.9% 6.7% 4.8% Profit per common share 1, 6, 7 $ 5.55 $ 5.37 $ 4.21 $ 2.97 $ 1.59 Profit per common share – diluted 2, 6, 7 $ 5.37 $ 5.17 $ 4.04 $ 2.88 $ 1.56 Dividends declared per share of common stock $ 1.380 $ 1.150 $ 0.955 $ 0.800 $ 0.720 Return on average common stockholders’ equity 3, 5, 7 45.0% 46.3% 35.9% 30.0% 19.0% Capital expenditures: Property, plant and equipment $ 1,700 $ 1,593 $ 1,201 $  926 $ 682 Equipment leased to others $ 1,340 $ 1,082 $ 1,214 $ 1,188 $ 1,083 Depreciation and amortization $ 1,797 $ 1,602 $ 1,477 $ 1,397 $ 1,347 Research and development expenses $ 1,404 $ 1,347 $ 1,084 $ 928 $ 669 As a percent of sales and revenues 3.1% 3.2% 3.0% 3.1% 2.9% Wages, salaries and employee benefits $ 8,331 $ 7,512 $ 6,928 $ 6,025 $ 4,980 Average number of employees 97,444 90,160 81,673 73,033 67,828 (1) Computed on weighted-average number of shares outstanding. (2) Computed on weighted-average number of shares outstanding diluted by assumed exercise of stock-based compensation awards, using the treasury stock method. (3) Represents profit divided by average stockholders’ equity (beginning of year stockholders’ equity plus end of year stockholders’ equity divided by two). (4) The per share data reflects the 2005 2-for-1 stock split. (5) In 2006, we adopted the balance sheet recognition provisions of Statement of Financial Accounting Standard 158, “Employers’ Accounting for Defined Benefit Pension and Other Postretirement Plans – an amendment of FASB Statements No. 87, 88, 106 and 132(R),” which changed the manner in which we account for postemployment benefits. (6) In 2006, we adopted Statement of Financial Accounting Standard123 (revised 2004), “Shared-Based Payment,” which changed the manner in which we account for stock-based compensation. (7) In 2007, we adopted Financial Accounting Standards Board Interpretation No. 48, “Accounting for Uncertainty in Income Taxes – an Interpretation of FASB Statement No. 109,” which changed the manner in which we accounted for uncertain tax positions. Financial Information
  3. 3. 36 2007 CATERPILLAR Annual Report SALES REVENUES (dollars in millions) MACHINEry ENGINES FINANCIAL PRODUCTS 03 04 05 06 07 03 04 05 06 07 03 04 05 06 07 $28,359 $26,062 $22,931 $18,844 $13,678 $13,603 $12,807 $11,075 $9,492 $7,370 $2,996 $2,648 $2,333 $1,970 $1,759 Operating Profit 1 (dollars in millions) (1)  Eliminations of ($105), ($131), ($249), ($406) and ($353) (dollars in millions) for 2003, 2004, 2005, 2006 and 2007, respectively, are required to arrive at consolidated operating profit. ENGINES FINANCIAL PRODUCTSMACHINEry 03 04 05 06 07 03 04 05 06 0703 04 05 06 07 $1,826 $1,630 $1,071 $589 $183 $690 $670 $531 $470 $393 $2,758 $3,027 $2,431 $1,756 $1,199
  4. 4. 37 full-time employees at year-end 2005 2006 2007 Inside U.S. 43,878 48,709 50,545 Outside U.S. 41,238 45,884 50,788 TOTAL 85,116 94,593 101,333 By Region North America 43,933 49,018 50,901 EAME 23,137 24,845 26,168 Latin America 11,688 13,231 13,930 Asia/Pacific 6,358 7,499 10,334 TOTAL 85,116 94,593 101,333 patent information The number of patents awarded to Caterpillar increased for the third straight year, as Caterpillar has continued to increase its investment in new products and services. In 2007, over 400 employees were awarded patents on 400 patents granted worldwide. sales revenues per employee 1 (dollars in thousands) (1)  Total sales and revenues divided by average number of employees. 03 04 05 06 07 $336 $415 $445 $460 $461 Financial Information
  5. 5. 38 2007 CATERPILLAR Annual Report NEW MACHINEry DISTRIBUTION TO END USERS (2007 dealer reported worldwide distribution of Caterpillar machinery by major end use) 34%  Heavy Construction Waste 2% 22%  Mining 20%  General Construction Quarry Aggregates 10% Industrial 5% Paving Compaction 4% Forestry 3% NEW ENGINE DISTRIBUTION TO END USERS (2007 worldwide distribution of Caterpillar engines) Truck 9% 35%  Petroleum 30%  Electric Power Generation Industrial 15% Marine 11%
  6. 6. 39 MACHINERY SALES BY GEOGRAPHIC REGION (dollars in millions) CORPORATE GIVING 1 (dollars in millions) ENGINE SALES BY GEOGRAPHIC REGION 1 (dollars in millions) 2007 2006 2005 North America $ 12,596 $ 14,215 $ 12,822 EAME $ 8,588 $ 6,223 $ 5,222 Asia/Pacific $ 4,026 $ 3,080 $ 2,905 Latin America $ 3,149 $ 2,544 $ 1,982 2007 2006 2005 North America $ 5,092 $ 5,940 $ 4,887 EAME $ 5,245 $ 4,064 $ 3,658 Asia/Pacific $ 2,136 $ 1,701 $ 1,508 Latin America $ 1,130 $ 1,102 $ 1,022 (1)  Does not include internal engine transfers of $2,549 million, $2,310 million and $2,065 million in 2007, 2006 and 2005, respectively. Internal engine transfers are valued at prices comparable to those for unrelated parties. (1)  For more information on Corporate Giving, please see page 28 of our 2007 Sustainability Report. $13 $17 $27 $29 $36 03 04 05 06 07 33% Education 29% Health Human Services 16% Culture 13% Environment 7% Community 2% Public Policy Financial Information

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