Document GK74LEokGQLmBqgzbzzxX1Z8V
COOPER INDUSTRIES LTD(Form 424B2, Received 10/25/2002 13 39 31)
Page 54 of 68
1 Cooper manages cash, debt and income taxes centrally Accordingly, Cooper evaluates performance of its segments and operating units based on operating earnings exclusive of financing activities and income taxes Nonrecurring and unusual items are excluded from the evaluations The segments are managed separately because they manufacture and distribute distinct products Intersegment sales and related receivables for each of the years presented were insignificant
Financial information by industry segment was as follows
Revenues
Year Ended December 31,
2001
2000
1999
Electrical Products . ... $3,485.5
Tools & Hardware
724 0
Total management reporting
$4,209 5
Segment nonrecurring and unusual items
Net segment operating earnings
General Corporate Nonrecurring gains Expense
Interest expense, net
(charges)
Consolidated income from continuing operations before income taxes
Corporate assets
Consolidated assets
$3,659 2 800 7
$4,459.9
$3,060 9 808 0
$3,868 9
Operating Ec
Year Ended Dec
2001
20C
(in mills
$ 437 0 $ 5E
68 6
c
505 6
6E
(24 0) 481 6
6E
(50.1) (30.4) (84.7)
c
(1C
$ 316.4 $ 54
F-22
COOPER INDUSTRIES, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)
2001 Depreciation Goodwill amortization Nonrecurring charges Capital expenditures ... Investment m
unconsolidated affiliates
Electrical Products
$ 91.9 51 5 24 0 80 8
17 0
Tools & Hardware
Corporate
(in millions)
$ 29.6 92 -
25 3
$ 42 -
50 1 9.0
Cons 1
$
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