Operating working capital*
in millions of US$ |
 |
Capital assets and goodwill (net)*
in millions of US$ |
| |
|
|
| |
|
2004 |
|
| Trade receivables |
|
3,232 |
| Other receivables |
|
936 |
| Inventories |
|
4,029 |
|
| |
|
8,533 |
| Payables and accrued liabilities |
|
(5,464) |
|
| Operating working capital |
|
2,733 |
|
|
|
| |
|
2004 |
|
| Property, plant and equipment |
|
|
Cost (excluding construction
work in progress) |
|
21,922 |
| Construction work in progress |
|
816 |
| Accumulated depreciation |
|
(9,445) |
|
| |
|
13,293 |
|
Intangible assets, net of
accumulated amortization
of $172 in 2004 |
|
1,230 |
| Goodwill |
|
5,496 |
|
| Total |
|
20,019 |
|
|
| |
| * |
Excludes assets and liabilities
of operations held for sale. |
|
| Total assets as at December 31, 2004 |
|
Total debt
in millions of US$ |
| |
|
|
| $33.3 billion |
|
| |
|
2004 |
|
| Short-term borrowings |
|
2,486 |
| Debt maturing within one year |
|
569 |
| Debt not maturing within one year |
|
6,345 |
| Discontinued operations |
|
5 |
|
| Total |
|
9,405 |
|
|
Preference shares
in millions of US$ |
|
Common shareholders’ equity
in millions of US$ |
| |
|
|
| |
|
2004 |
|
Redeemable non-retractable
preference shares: |
|
|
Series C: stated value $106, issuable
in series, unlimited; number of shares
authorized and outstanding 5,700,000 |
|
106 |
Series E: stated value $54, issuable
in series, unlimited; number of shares
authorized and outstanding 3,000,000 |
|
54 |
|
| Total |
|
160 |
|
|
|
| |
|
2004 |
|
Common shares, unlimited number
of shares authorized, outstanding
(in thousands): 369,930 in 2004;
365,181 in 2003; 321,470 in 2002 |
|
6,670 |
| Additional paid-in capital |
|
112 |
| Retained earnings |
|
3,362 |
| Common shares held by a subsidiary |
|
(35) |
Accumulated other comprehensive
income |
|
457 |
|
| Total |
|
10,566 |
|
|
Business group profit (BGP)
in millions of US$ |
|
Per common share
in US$ |
| |
|
|
| |
|
2004 |
|
| Bauxite and Alumina |
|
464 |
| Primary Metal |
|
1,518 |
| Rolled Products Americas and Asia |
|
398 |
| Rolled Products Europe |
|
250 |
| Engineered Products |
|
324 |
| Packaging |
|
657 |
Equity-accounted for
joint venture impact |
|
(242) |
Ajustment for mark-to-market
of derivatives |
|
(28) |
|
| BGP Total |
|
3,341 |
|
|
|
| |
|
2004 |
|
| Net income |
|
0.69 |
| Dividends paid |
|
0.60 |
| Market price (NYSE close) |
|
49.04 |
|
| 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. |
|
