Document Eqpv8Vaoq2xRzqjGMR0G5q7QV
Dana Corporation
Page 146 of 176
Table of Contents
2001 ASG EFMG HVTSG DCC Other Goodwill amortization
Total continuing operations Discontinued operations
Total operations Restructuring and unusual
items
Consolidated
North America Europe South America Asia Pacific DCC Other Goodwill amortization
Total continuing operations Discontinued operations
Total operations Restructuring and unusual
items
Consolidated
External Sales
InterSegment
Sales
Net
Operating Profit Net Capital
EBIT
PAT
(Loss) Assets Spend
Depreciation/ Amortization
$3,485 2,151 1,751 93
7,480
7,480
$7,480
*****
$5,469 1,255 432 324
7,480
7,480
$7,480
$ 92 58 89
1,172
1,411
1,411
$ 168 74 61
(148) (38)
$ 133 48 37 31
(218) (32)
117 (1) 30 6
147 5
$ 50 $1,837 1 1,327 (9) 709
31 198 (42) (27) (32)
$179 55 32 1 1
(1) 4,044 6
268
5 4,044 268
$1,411 $ 88
73 124
2
287
287
(466)
$(319)
$ 261 39 13 6
(164) (38)
117 30
147
(303)
$(298)
$ 166 43 (3) 3 31
(209) (32)
(1) 6
5
(303)
$(298) $4,044
$ 45 $2,527 13 975 (13) 415 (8) 146 31 198 (37) (217) (32)
$268
MB
$179 36 26 25
2
(1) 4,044 6
268
5 4,044 268
$ 287
(466) $(319)
(303) $(298)
(303) $(298) $4,044
$268
$158 112 69 4
343
343
$343 $222
70 34 14
3
343
343
$343
Management evaluates the operating segments and regions as if DCC were accounted for on the equity method of accounting rather than on the fully consolidated basis used for external reporting. This is done because DCC is not homogeneous with our manufacturing operations, its financing activities do not support the sales of our other operating segments and its financial and performance measures are inconsistent with those of our other operating segments. Moreover, the financial covenants contained in Dana's long-term bank facility are measured with DCC accounted for on an equity basis.
Operating profit after tax (PAT) is the key internal measure of performance used by management, including our chief operating decision maker, as a measure of segment profitability. With the exception of DCC, operating PAT represents earnings before interest and taxes (EBIT), tax effected at 39% (our estimated long-term effective rate), plus equity in earnings of affiliates. Net profit (loss), which is
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8/1/2004