Setting New Trends
Setting New Trends 2005 Annual Report FESMA INSIDE FRONT COVER Total Revenues Operating Income millions of 2005 pesos millions of 2005 pesos 6 105,582 2 3 6 15,587 3,526 5,864 6,660 7,689 8,572 9,490 82,496 96,833 59,99 36,500 40,939 47,082 49,435 54,526 56,188 13,07 14,23 120000 120,000 16,000 10,54 16000 100000 100,000 12,000 12000 80000 80,000 60000 60,000 8,000 8000 40000 40,000 4,000 4000 20000 20,000 0 0 0 0 a96 a97 a98 a99 a00 a01 a02 a03 a04 a05 ’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 a96 a97 a98 a99 a00 a01 a02 a03 a04 a05 % Annual % Annual Growth 12.2 15.0 5.0 10.3 3.0 6.8 37.5 17.4 9.0 Growth 66.3 13.6 15.5 11.5 10.7 11.1 24.0 8.9 9.5 % Operating Margin 9.7 14.3 14.1 15.6 15.7 16.9 17.6 15.8 14.7 14.8 ROIC* Total Assets millions of 2005 pesos 3 2 8 1 6 2 3 9.4 9.8 5.1 7.5 8.7 9.8 9.9 9.9 125,998 13.3 12.1 50,39 52,87 53,02 52,46 56,31 67,06 47,58 15 15% 140,000 115,692 125,075 140000 120,000 120000 12 12% 100,000 100000 9 9% 80,000 80000 60,000 60000 6 6% 40,000 40000 3 3% 20,000 20000 0 0% 0 0 a96 a97 a98 a99 a00 a01 a02 a03 a04 a05 ’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’96 ’97 ’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 a96 a97 a98 a99 a00 a01 a02 a03 a04 a05 *Based on EVA® methodology as per Stern, Stewart & Co.
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