|
Return on capital employed

 |
 |
Capital Employed US$ billions |
|
|
 |
Return on capital employed % |
 |
 |
Capital Employed US$ billions |
Research and development expenses2
 |
 |
 |
| in millions of US$ |
| |
|
|
| 2004 |
|
239 |
 |
 |
 |
| 2003 |
|
190 |
 |
 |
 |
| 2002 |
|
115 |
 |
 |
 |
| 2001 |
|
134 |
 |
 |
 |
| 2000 |
|
80 |
Environmental protection2
Financial requirements
in millions of US$
| 1993 |
 |
1994 |
 |
1995 |
 |
1996 |
 |
1997 |
 |
1998 |
 |
1999 |
 |
2000 |
 |
2001* |
 |
2002 |
 |
2003 |
 |
2004 |

| 68.8 |
 |
88 |
 |
128.1 |
 |
153.1 |
 |
173.4 |
 |
165.1 |
 |
178.1 |
 |
218.7 |
 |
400.7 |
 |
207 |
 |
263 |
 |
254 |
 |
 |
Total |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
 |
| 35 |
|
48 |
|
75 |
|
96 |
|
88 |
|
90 |
|
78 |
|
88.5 |
|
335.4 |
|
140 |
|
193 |
|
175 |
 |
 |
Expense |
|
| * |
In 2001, the Company increased its
environmental provisions to cover treatment costs for
stored spent potlining (SPL) in Quebec and British Columbia,
Canada, as well as to cover remediation costs relating
to bauxite residue disposal at other sites in Canada and
the U.K. |
Cumulative total return
Based upon an initial investment of $100 on December 31, 1999
with dividends reinvested
in US$
| 1999 |
 |
2000 |
 |
2001 |
 |
2002 |
 |
2003 |
 |
2004 |
| 100 |
 |
85 |
 |
90 |
 |
75 |
 |
123 |
 |
130 |
 |
 |
Alcan Inc. |
|
|
|
|
|
|
|
|
|
|
|
|
 |
| 100 |
|
91 |
|
80 |
|
62 |
|
80 |
|
89 |
 |
 |
S&P 500 |
|
|
|
|
|
|
|
|
|
|
|
|
 |
| 100 |
|
102 |
|
83 |
|
72 |
|
109 |
|
132 |
 |
 |
S&P TSX Composite
Index |
|
|
|
|
|
|
|
|
|
|
|
|
 |
| 100 |
|
84 |
|
74 |
|
57 |
|
73 |
|
80 |
 |
 |
S&P Industrials |
|
|
|
|
|
|
|
|
|
|
|
|
 |
| 100 |
|
68 |
|
60 |
|
66 |
|
162 |
|
180 |
 |
 |
S&P Diversified
Mining & Metals |
|
Copyright © 2005, Standard & Poor's,
a division of The McGraw-Hill Companies, Inc. All rights reserved.
| 1 |
On January 6, 2005, Alcan completed
the spin-off of Novelis to its shareholders. Novelis consists
of substantially all of the aluminum rolled products businesses
held by Alcan prior to its 2003 acquisition of Pechiney,
together with some of Alcan's alumina and primary metal-related
businesses in Brazil, which are fully integrated with
the rolled products operations there, as well as four former
Pechiney rolling facilities in Europe. However, the financial
information presented for 2004 and previous years includes
Novelis. |
| |
|
| 2 |
Additional financial data is available
by referring to the 2004 Alcan Inc. Annual Report. |
|