EX-99.1 2 ex991.htm EXHIBIT 99.1 ex991.htm
 
Exhibit 99.1
 
(Text of graph posted to Ashland Inc.'s website concerning trade working capital)
 
 
Operating Segment Trade Working Capital % of Annualized Sales *
 Monthly Actual
       
 
 2006
 2007
 2008
January  
 16.2%
 16.2%
February
  
 16.8%
 15.9%
March
  
 15.3%
  
April
  
 15.9%
  
May
  
 15.5%
  
June
  
 15.3%
 
July
  
 16.0%
  
August
  
 15.3%
  
September
  
 15.3%
  
October
 13.6%
 15.2%
  
November
 14.6%
 15.8%
  
December
 15.5%
 16.6%
 
       
 * NOTE:  Selected Working Capital Components - February 29, 2008
       
 Unaudited Data      
 ($, millions)
Operating Segments (a)
Other Components
Total
       
 Accounts receivable (b)
  1,407
    82
 1,489
 Inventories (c)
    725
 (173)
    552
 (Less) Trade and other payables
   (912)
 (186)
 (1,098)
 Net
1,220
 (277)
    943
       
 (a)  Represents amounts considered in 2008 internal perfomance metrics applicable to most employee.
 (b)  Accounts receivable is shown net of allowances for doubtful accounts.
 (c)  Operating segment amount excludes LIFO reserve, which is presented under Other Components.