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22 Description of Hoppers Business Engineering and Construction Group (S Millions) ________ Sales Operating profit Other income Operating income Total assets Depreciation Capital investment See elso Table 4 on page 5). 1973 $192.0 $ 17.9 .3 $ 18.2 S 50.5 $ .7 S 1.1 1977 S 189.8 S 20.0 .1 S 20.1 S 71.5 $ .4 $ .9 1976 1975 S 138.8 $153.8 S 12.2 .8 $ 13.0 . $ 8.9 (1-2) S 7.7 $ 55.3 $ 47.8 $ .3 S .4 $ .2 $ 1.6 1974 $80.5 $ 2.6 .2 $ 2.8 $34.2 $ .1 $ .6 1978 Operating Review Sales increased and earnings declined slightly Irom 1977 levels as the previously high backlog of steel plant construction work wa9 reduced. The 1978 performance, how ever. was the second highest in Engineering and Construction's long history. The Group completed three major proj ects. including a basic oxygen furnace plant capable of more than 3.000-ton-per-day pro duction for Dominion Foundry & Steel Com pany. Ltd.; a battery of 69 coke ovens for In land Steel Company with the most advanced pollution control systems available; and the "Our complete capabilities In design, engi neering and construction services to the steel Industry position Hoppers well lor the urgent neee o replace and expand the North Ameri can t eel Industry to meet capacity require ments In the 1980s." --Robert Q. Wilson, President