EX-99 2 ex991.txt EXHIBIT 99.1 EXHIBIT 99.1
ASHLAND INC. OPERATING AND NET INCOME SUMMARY* (In millions except per share data - unaudited) Operating Income -------------------------------------------------------------------------------- Income Ashland from Ashland Specialty Refining & Unallocated Continuing Net APAC Distribution Chemical Valvoline Marketing and other Total Operations Income -------------------------------------------------------------------------------------------------------- FISCAL 2001 Quarter ended 12/31/00 $ 11 $ 6 $ 6 $ 6 $ 109 $ (2) $ 136 $ 54 $ 59 Quarter ended 3/31/01 (41) 10 2 13 96 (1) 79 21 46 Quarter ended 6/30/01 33 8 9 16 302 (2) 366 195 197 Quarter ended 9/30/01 40 (7) (4) 23 201 (2) 251 120 116 ------- -------- ------- ------- --------- -------- --------- --------- --------- Year ended 9/30/01 $ 42 $ 17 $ 12 $ 58 $ 707 $ (5) $ 831 $ 390 $ 417 ======= ======== ======= ======= ========= ======== ========= ========= ========= FISCAL 2002 Quarter ended 12/31/01 (a) $ 33 $ 5 $ 10 $ 7 $ 45 $ (4) $ 96 $ 37 $ 27 Quarter ended 3/31/02 (b) (16) (7) 11 12 - (3) (3) (23) (21) Quarter ended 6/30/02 39 (2) 14 20 66 (5) 132 61 65 Quarter ended 9/30/02 55 (12) 12 17 33 (9) 96 41 47 ------- -------- ------- ------- --------- -------- --------- --------- --------- Year ended 9/30/02 $ 111 $ (15) $ 46 $ 56 $ 143 $ (20) 321 $ 115 $ 117 ======= ======== ======= ======= ========= ======== ========= ========= ========= FISCAL 2003 Quarter ended 12/31/02 $ (4) $ 3 $ 5 $ 7 $ 24 $ (3) $ 32 $ (1) $ (92) Quarter ended 3/31/03 (59) 3 1 14 21 (4) (24) (37) (39) Quarter ended 6/30/03 15 9 (2) 20 100 (4) 138 71 70 Quarter ended 9/30/03 (10) (3) (2) 20 118 (4) 119 61 137 ------- -------- ------- ------- --------- -------- --------- -------- --------- Year ended 9/30/03 $ (57) $ 12 $ 2 $ 61 $ 263 $ (15) $ 266 $ 94 $ 75 ======= ======== ======= ======= ========= ======== ========= ========= ========= FISCAL 2004 Quarter ended 12/31/03 $ 28 $ 9 $ 17 $ 15 $ 26 $ (3) $ 92 $ 39 $ 34 Quarter ended 3/31/04 (36) 15 13 20 2 (4) 10 (11) (16) Quarter ended 6/30/04 39 17 13 22 205 (4) 292 167 161 Quarter ended 9/30/04 64 14 12 20 151 7 268 203 200 ------- -------- ------- ------- --------- -------- --------- --------- --------- Year ended 9/30/04 $ 94 $ 56 $ 56 $ 77 $ 383 $ (4) $ 662 $ 398 $ 378 ======= ======== ======= ======= ========= ======== ========= ========= ========= FISCAL 2005 Quarter ended 12/31/04 $ 4 $ 20 $ 16 $ 13 $ 136 $ (9) $ 180 $ 94 $ 94 Quarter ended 3/31/05 (51) 29 31 17 61 (1) 86 33 33 Quarter ended 6/30/05 (c) 41 31 35 19 290 (6) 410 1,767 1,767 Quarter ended 9/30/05 36 19 17 10 - (12) 70 112 111 ------- -------- ------- ------- --------- -------- --------- --------- --------- Year ended 9/30/05 $ 30 $ 99 $ 99 $ 59 $ 486 $ (27) $ 746 $2,005 $2,004 ======= ======== ======= ======= ========= ======== ========= ========= ========= FISCAL 2006 Quarter ended 12/31/05 $ 39 $ 34 $ 27 $ 1 $ - $ (6) $ 95 $ 67 $ 66 Quarter ended 3/31/06 - Quarter ended 6/30/06 - Quarter ended 9/30/06 - ------- -------- ------- ------- --------- -------- --------- --------- --------- Year-to-date 12/31/05 $ 39 $ 34 $ 27 $ 1 $ - $ (6) $ 95 $ 67 $ 66 ======= ======== ======= ======= ========= ======== ========= ======== =========
* Quarterly amounts do not necessarily add to annual amounts due to rounding. --------------- (a) Includes Ashland's share of a charge ($29 million pretax, $18 million after tax, $.26 per share) for adjustments to MAP's IMV reserve. (b) Includes Ashland's share of income ($29 million pretax, $18 million after tax, $.25 per share) from adjustments to MAP's IMV reserve. (c) Includes a net gain of $1,536 million, or $20.56 per share, from the MAP Transaction and the repayment of most of Ashland's debt with the proceeds.
ASHLAND INC. OPERATING AND NET INCOME SUMMARY* (In millions except per share data - unaudited) Diluted EPS ----------------------------------------------------------------- Continuing Net Operations Income ----------------------------------------------------------------- Quarter YTD Quarter YTD ----------------------------------------------------------------- FISCAL 2001 Quarter ended 12/31/00 $ 0.77 $ 0.77 $ 0.84 $ 0.84 Quarter ended 3/31/01 0.30 1.07 0.66 1.49 Quarter ended 6/30/01 2.76 3.83 2.79 4.28 Quarter ended 9/30/01 1.71 5.54 1.64 5.93 Year ended 9/30/01 - 5.54 - 5.93 FISCAL 2002 Quarter ended 12/31/01 (a) $ 0.52 $ 0.52 $ 0.38 $ 0.38 Quarter ended 3/31/02 (b) (0.33) 0.19 (0.31) 0.08 Quarter ended 6/30/02 0.87 1.06 0.93 1.00 Quarter ended 9/30/02 0.59 1.64 0.68 1.67 Year ended 9/30/02 - 1.64 - 1.67 FISCAL 2003 Quarter ended 12/31/02 $ (0.02) $ (0.02) $ (1.35) $ (1.35) Quarter ended 3/31/03 (0.54) (0.56) (0.57) (1.91) Quarter ended 6/30/03 1.03 0.48 1.01 (0.89) Quarter ended 9/30/03 0.89 1.37 1.99 1.10 Year ended 9/30/03 - 1.37 - 1.10 FISCAL 2004 Quarter ended 12/31/03 $ 0.56 $ 0.56 $ 0.49 $ 0.49 Quarter ended 3/31/04 (0.16) 0.39 (0.23) 0.25 Quarter ended 6/30/04 2.35 2.75 2.26 2.53 Quarter ended 9/30/04 2.81 5.59 2.76 5.31 Year ended 9/30/04 - 5.59 - 5.31 FISCAL 2005 Quarter ended 12/31/04 $ 1.28 $ 1.28 $ 1.28 $ 1.28 Quarter ended 3/31/05 0.44 1.72 0.44 1.72 Quarter ended 6/30/05 (c) 23.65 25.48 23.65 25.48 Quarter ended 9/30/05 1.49 26.86 1.48 26.85 Year ended 9/30/05 - 26.86 - 26.85 FISCAL 2006 Quarter ended 12/31/05 $ 0.91 $ 0.91 $ 0.91 $ 0.91 Quarter ended 3/31/06 Quarter ended 6/30/06 Quarter ended 9/30/06 Year-to-date 12/31/05 - 0.91 - 0.91
* Quarterly amounts do not necessarily add to annual amounts due to rounding. --------------- (a) Includes Ashland's share of a charge ($29 million pretax, $18 million after tax, $.26 per share) for adjustments to MAP's IMV reserve. (b) Includes Ashland's share of income ($29 million pretax, $18 million after tax, $.25 per share) from adjustments to MAP's IMV reserve. (c) Includes a net gain of $1,536 million, or $20.56 per share, from the MAP Transaction and the repayment of most of Ashland's debt with the proceeds.