MGT 551 - FINANCIAL MANAGEMENT
Saturday, 20th , 2013
Profile of Boeing:
Boeing is widely recognized as a leader in the commercial jet manufacturing business (Friedman, 2002). The company manufacturers a wide variety of military aircraft and weapon systems including jet fighters, helicopters, rockets, and missiles. The aerospace company provides major components and support to NASA’s Space Shuttle program (Siegel, M., 2002, p.1). Founded in 1916 (Boeing, 2002), Boeing has acquired a number of companies over the years and presently employees about 188,000 people (Siegel, M., p. 1). Boeing and Airbus Integrated Company are the only two companies manufacturing large commercial aircraft (Elia, 2002, ¶ 3).
Boeing Co. (BA) | Income Statement * Union Pacific Corp. (UNP), Income Statement * Accenture PLC (ACN), Income Statement * Honeywell International Inc. (HON), Income Statement * Caterpillar Inc. (CAT), Income Statement * ABB Ltd. (ABB), Income Statement * Canadian National Railway Co. (CNI), Income Statement * Danaher Corp. (DHR), Income Statement * Emerson Electric Co. (EMR), Income Statement
The income statement presents information on the financial results of a company's business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.
Boeing Co., Consolidated Income Statement
USD $ in millions
| 12 months ended | Dec 31, 2012 | Dec 31, 2011 | Dec 31, 2010 | Dec 31, 2009 | Dec 31, 2008 | | Sales of products | 71,234 | 57,401 | 52,586 | 57,032 | 50,180 | | Sales of services | 10,464 | 11,334 | 11,720 | 11,249 | 10,729 | | Revenues | 81,698 | 68,735 | 64,306 | 68,281 | 60,909 | | Cost of products | (60,309) | (46,642) | (42,194) | (47,639) | (41,662) | | Cost of services | (8,247) | (9,097) | (9,489) | (8,726) | (8,467) |