惠好公司(纽约证券交易所代码:WY)今天公布第三季度净利润为8200万美元，或每股37美分，净销售额为52亿美元。相比之下，2002年第三季度的净销售额为49亿美元，为1300万美元，或每股6美分。

2003年第三季度的收益包括下列税后项目:—用于关闭设施的支出3,200万美元，或每股14美分;——1500万美元，或每股7美分的费用，与一宗线纸板反垄断诉讼案的和解有关;——合并和重组活动的费用为1 500万美元，即每股7美分。2002年第三季度的收益包括以下税后项目:—1100万美元的费用，或每股5美分，用于整合和重组活动;——在北卡罗来纳州普利茅斯的造纸工厂发生回收锅炉事故后的业务中断成本为2000万美元，或每股9美分。——截至第三季度末，惠好公司的债务降至124亿美元。包括房地产和相关业务在内的公司债务总额在本季度末减少了约3.6亿美元，至132亿美元。—资本支出，不包括房地产和相关业务，前九个月约为4.71亿美元，符合修订后的全年预计为7.2亿美元。——对该公司进口到美国的加拿大软木材征收约2500万美元的反补贴和反倾销税及相关费用。相比之下，第二季度发生了2,600万美元。

董事长、总裁兼首席执行官史蒂文·r·罗格尔(Steven R. Rogel)表示:“结构面板和软木材市场的强劲势头为我们的木制品部门带来了期待已久的改善，但我们的优质纸张和硬纸板包装业务面临着需求疲软和价格恶化的挑战。”manbetx apk手机版“房地产市场继续表现强劲。此外，我们继续在偿还与威拉米特收购相关的债务方面取得进展。

“我们在第四季度看到了一些亮点，”Rogel说。“我们的房屋建筑业务继续在大量积压的情况下运营，木制品价格预计会季节性下降，但相对于去年第四季度仍保持强劲。manbetx apk手机版市场纸浆价格正在温和上涨，但纸张和包装市场预计将继续疲软。”

第三季度财务亮点百万摘要3Q 2003 3Q 2002年更改净收益（每股数据除外）$ $ 82 $ 13 69％，每股收益$ 0.37 $ $ 0.06 0.31净销售额$ 5,184 $ 4,890 $ 294分部业绩2003年第三季度（贡献税前盈利）数以百万计3Q2003年3Q 2002年3季度改变Timberlands $ 143 $ 133 $ 10manbetx apk手机版木制品$ 151（$ 18）$ 169纸浆和纸张（$ 18）$ 10（$ 28）CONTERBOOK，包装和回收$ 42 $ 88（$ 46）房地产和相关资产$ 97 $ 85 $ 12 TIMBERLINGS 3 Q 2003 2Q 2003年5月2Q 2003年改变贡献收入（百万美元）$ 143 $ 300（157美元）

在第二季度，在西方华盛顿州西式销售额的第二季度税前收益，第三季度收益略低于上一季度。较低的收获水平由于西方的火灾危险和南部不合理的潮湿天气影响了第三季度盈利。但是，该部分受益于强大的出口市场，并通过加强日本房屋市场。

不包括此前公布的在卡罗莱纳州和田纳西州的林地销售，Timberlands第四季度收益预期将较第三季度略有下降，原因是南方佣金收入下降。

manbetx apk手机版2003年第三季度第二季度变更贡献(费用)至收益(百万)$151 ($53)$204

特别强劲的纤维板和胶合板市场，以及不断改善的木材市场，产生了该部门自2002年第二季度以来的第一个季度收益。第三季度业绩反映了与阿肯色州Dierks关闭相关的税前费用3100万美元。位于俄勒冈州Junction City的胶合板生产和工程木材厂。

预计第四季度业绩将低于第三季度，主要原因是木材和结构面板价格下降。

2003年3Q 2003年2Q 2003年第3季度改变捐款（收费）到收入（数百万美元）（$ 18）（$ 7）（11美元）（11美元）

纸浆价格在季末反弹，但疲弱的纸债市场损及第三季业绩。与优质纸相关的约6.4万吨停机时间相关的成本也对第三季度业绩产生了负面影响。第三季度的业绩包括税前费用共计900万美元，这些费用与一些设施的裁员有关。

第四季获利料低于第三季，因疲弱的纸张市场将抵消纸浆价格预期的上涨。

硬纸板、包装及回收利用2003年第三季度第二季度变化对收益的贡献(百万)$42 $108 ($66)

侵蚀包装和箱板价格产生的第三季度结果低于第二季度。在本季度，Weyerhaeuser占据了大约89,000吨的与市场相关的停机时间。第三季度业绩包括税前费用，以4000万美元的成本，主要与诉讼衬里板反垄断诉讼和北方弯曲，矿石的关闭。

不包括第三季解决线路板反垄断诉讼案和封口费，第四季获利料低于第三季，主要因价格下滑和包装出货季节性下降。

房地产和相关资产2003年2Q 2003年第二季度将捐款变为收益（百万）$ 97 $ 91 $ 6

房地产得益于持续强劲的房地产市场，创造了创纪录的季度收益。关闭数量较第二季度有所增加，第三季度的客流量依然强劲。

由于单家族房屋的收益增加，第四季度收益预计将略高于第三季度。公司目前有一个超过六个月的房屋的积压，但未关闭。

其他

该公司将于10月24日上午7点(美国东部时间上午10点)举行实时电话会议，讨论第三季度业绩。

要接入会议电话，从北美地区拨打电话的听众应至少在会议电话开始前15分钟拨打1-800-446-4472。希望从北美以外地区拨打电话的用户请拨打1-416-695-5261。在现场通话完成后的一周内，可以通过1-866-518-1010和1-416-695-5275在北美地区进行通话回放。

该电话也可以通过惠好的互联网网站www.noirla.com点击“收听我们的电话会议”链接。

Weyerhaeuser公司是世界上最大的综合林产品公司之一，于1900年注册成立。2002年，销售额为291亿美元（185亿美元）。它在全球客户提供18个国家的办事处或运营。Weyerhaeuser主要从事木材的不断增长和收获;林产品的制造，分销和销售;和房地产建设，发展和相关活动。Weyerhaeuser Company Limited是一家全资的子公司，在符号Wyl下的多伦多证券交易所上市的可交换股份。有关Weyerhaeuser的业务，产品和实践的其他信息//www.noirla.com/．

本新闻稿包含有关公司未来业绩和业绩的声明，属于1995年私人证券诉讼改革法案的前瞻性声明。可以识别这些前瞻性陈述使用前瞻性的术语如“期望”,“可能”“将”,“相信”“应该”“大约”,预计,“”估计,”和“计划”,这些术语的负面或其他变化或类似的术语或讨论的策略,计划或意图。特别是，其中一些前瞻性陈述涉及对公司第四季度市场的预期;公司业务部门在第四季度的预期收益和业绩，以及预期的资本支出。这些报告的准确性受到若干风险、不确定因素和假设的影响，这些因素可能导致实际结果与预测结果有很大差异，包括但不限于一般经济状况的影响，包括利率和住房开工水平;对公司产品的市场需求，这可能与美国各业务部门的相对实力有关;能源价格;公司制造业务的业绩;内部绩效计划的成功执行;来自国内外生产商的竞争水平; the effect of forestry, land use, environmental and other governmental regulations; fires, floods and other natural disasters; and legal proceedings. The company is also a large exporter and is affected by changes in economic activity in Europe and Asia, particularly Japan, and by changes in currency exchange rates, particularly the relative value of the U.S. dollar to the Euro and the Canadian dollar; and restrictions on international trade or tariffs imposed on imports, including the countervailing and dumping duties imposed on the company's softwood lumber shipments from Canada to the United States. These and other factors that could cause or contribute to actual results differing materially from such forward looking statements are discussed in greater detail in the company's Securities and Exchange Commission filings.

有关更多信息联系人：Media  -  Bruce Amundson 253-924-3047 Analysts  -  Kathryn McAuley 253-924-2058 Weyerhaeuser公司统计信息（未经审核）综合收益（a）Q1 Q2 Q3（千年之千万）3月6月9月9月9月9月9月9月9月30,31,31,29,28,28,28,29,29,29,2003 2002 2002 2002 2002 2002 2002年净销售和收入：Weyerhaeuser（b）$ 4,169 $ 3,595 $ 4,498 $ 4,501 $ 4,498 $ 4,501 $ 4,650 $ 4,422房地产和相关资产445 396 432 421 534 468总净销售和收入4,6143991倍4930 4922倍5184倍4890的成本和费用：惠好：产品成本出售3322 2831 3611 3519 3598 3576折旧，摊销与费立木321 264 313 311 320 304销售费用107 103 111 116 117 116管理费用231 186 232 231 249201研究和开发费用12 12 12 1211 10 11除工资单和所得税以外的税收47 38 48 53 45 48融合和重组的收费29 2 25 23 25 23 25 25 25 25 25 25 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 28 48  - 其他操作G成本，净©（d）37 4（205）（27）（27）（27）16 19 4,128 3,467 4,159 4,267 4,427 4,292房地产和相关资产：成本和运营费用330 291 316 317 406 359折旧和摊销3 2 2 1 3 1卖费用24 21 25 24 23 23一般和行政费用14 10 14 11 15 14除工资单和所得税之外的税收1 1 1 1  -  1其他运行成本，网（7）（8） -  2 2 6 365 317 358356 453 404总成本和费用4,493 3,784 4,517 4,623 4,880 4,696营业收入121 207 413 299 304 194 194年的利息费用和其他：韦伊赫队：威尔赫时分：息息费（e）（e）（208）（178）（205）（222）（200）（222）（200）（200）（222）（200）（222）（200）（200）（200）（222）（200）（200）（222）（200）（222）（222）（200）（222）（200）（222）（200）214）较少利息资本化5 4 6 16 3 16附属公司收入（亏损）的权益（5）（4）3（2）（3）（6）利息收入和其他6 5 6 6 3 3 9房地产和相关资产：息息费用（14）​​（13）（13）（13）（13）（13）（13）（12）利息资本化13 13 13 13 12未核化实体收入的权益5 6 7 6 11 10利息收入和其他11 6次8 6 11收益在所得税和累计变化的累计税后（65）46 238 111 124 20所得税22（16）（81）（39）（42）（7）累计造成会计原则的累计效应之前的收益（43）30 157 72 82 13累计影响会计原则的变化，适用税收的净值为6（f）（11） -   -   -   -   -   -   -   -   - 净收入（亏损）$（54）$ 30 $ 157 $ 72 $ 82 $ 72 $ 82每股13美元基本和摊薄净收入（亏损）：净收入（亏损）在会计原则变更的累计效应之前$（0.19）$ 0.14 $ 0.71 $ 0.32 $ 0.37 $ 0.06累计会计原则的累计效应（0.05） -   -   - -- -- -- Net earnings (loss) $(0.24) $0.14 $0.71 $0.32 $0.37 $0.06 Dividends paid per share $0.40 $0.40 $0.40 $0.40 $0.40 $0.40 Year CONSOLIDATED EARNINGS (A) Year-to-date Q4 ended (in millions) Sept. Sept. Dec. Dec. 28, 29, 29, 29, 2003 2002 2002 2002 Net sales and revenues: Weyerhaeuser (B) $13,317 $12,518 $4,253 $16,771 Real estate and related assets 1,411 1,285 465 1,750 Total net sales and revenues 14,728 13,803 4,718 18,521 Costs and expenses: Weyerhaeuser: Costs of products sold 10,531 9,926 3,285 13,211 Depreciation, amortization and fee stumpage 954 879 335 1,214 Selling expenses 335 335 115 450 General and administrative expenses 712 618 229 847 Research and development expenses 34 36 16 52 Taxes other than payroll and income taxes 140 139 39 178 Charges for integration and restructuring 78 42 30 72 Charges for closure of facilities 82 55 40 95 Other operating costs, net©(D) (152) (4) (135) (139) 12,714 12,026 3,954 15,980 Real estate and related assets: Costs and operating expenses 1,052 967 359 1,326 Depreciation and amortization 8 4 7 11 Selling expenses 76 68 22 90 General and administrative expenses 43 35 13 48 Taxes other than payroll and income taxes 2 3 1 4 Other operating costs, net (5) -- (1) (1) 1,176 1,077 401 1,478 Total costs and expenses 13,890 13,103 4,355 17,458 Operating income 838 700 363 1,063 Interest expense and other: Weyerhaeuser: Interest expense incurred(E) (613) (614) (207) (821) Less interest capitalized 14 36 14 50 Equity in income (loss) of affiliates (5) (12) (1) (13) Interest income and other 15 20 8 28 Real estate and related assets: Interest expense incurred (40) (38) (15) (53) Less interest capitalized 40 38 15 53 Equity in income of unconsolidated entities 23 22 9 31 Interest income and other 25 25 8 33 Earnings before income taxes and cumulative effect of a change in accounting principle 297 177 194 371 Income taxes (101) (62) (68) (130) Earnings before cumulative effect of a change in accounting principle 196 115 126 241 Cumulative effect of a change in accounting principle, net of applicable taxes of $6(F) (11) -- -- -- Net earnings (loss) $185 $115 $126 $241 Basic and diluted net earnings (loss) per share: Net earnings (loss) before cumulative effect of a change in accounting principle $0.88 $0.52 $0.57 $1.09 Cumulative effect of a change in accounting principle (0.05) -- -- -- Net earnings (loss) $0.83 $0.52 $0.57 $1.09 Dividends paid per share $1.20 $1.20 $0.40 $1.60 (A) Certain reclassifications have been made to conform prior period data with the current presentation. (B) The first, second and third quarters of 2003 include charges of $24 million, $26 million and $25 million, respectively, for countervailing and anti-dumping duties and related costs. 2002 first quarter includes $13 million of charges for countervailing and anti-dumping duties and related costs and a credit of $18 million for the reversal of countervailing and anti-dumping duties accrued in 2001. The 2002 second quarter includes $7 million of charges for countervailing and anti-dumping duties and related costs, a credit of $29 million for the reversal of charges accrued in 2001 and a credit of $13 million for charges accrued in the first quarter of 2002. The 2002 third and fourth quarters include charges of $31 million and $26 million, respectively, for countervailing and anti-dumping duties and related costs. The 2002 impact of countervailing and anti-dumping duties and related costs is a net charge of $17 million which includes current year charges of $64 million and $47 million of credits related to the reversal of charges accrued in 2001. © 2003 first, second and third quarters include net foreign exchange gains (losses) of $35 million, $47 million and ($4) million, respectively. 2002 includes $33 million in net foreign exchange gains. Gains of $8 million, $27 million and $14 million are included in the first, second and fourth quarters, respectively. A loss of $16 million is included in the third quarter. (D) The first quarter of 2003 includes a $79 million charge for a lawsuit involving the market for Pacific Northwest alder logs. 2003 second quarter includes a $144 million gain on the sales of timberlands in Washington state and a $25 million gain for the settlement of an insurance claim relating to the Cemwood litigation. 2003 third quarter includes a $23 million charge associated with the settlement of a class action linerboard antitrust lawsuit. 2002 fourth quarter includes a $117 million gain on the sale of timberlands in Washington state. (E) 2002 first quarter includes a $35 million charge to write off debt issue costs in connection with the refinancing of debt in connection with the acquisition of Willamette Industries. (F) Statement of Financial Accounting Standards No. 143, Accounting for Asset Retirement Obligations, was adopted as of the beginning of 2003. Results for 2002 were not impacted by the change in accounting principle. WEYERHAEUSER COMPANY STATISTICAL INFORMATION (unaudited) Net sales and revenues (in millions): Q1 Q2 Q3 March March June June Sept. Sept. 30, 31, 29, 30, 28, 29, 2003 2002 2003 2002 2003 2002 Timberlands: Raw materials (logs, timber and chips) $203 $142 $213 $184 $212 $193 Other products 21 19 24 21 18 18 224 161 237 205 230 211 Wood Products: Softwood lumber 752 692 846 901 890 845 Plywood and veneer 174 158 182 203 228 195 Oriented strand board, composite and other panels 257 240 331 320 445 217 Hardwood lumber 80 76 86 81 75 72 Engineered lumber products 254 253 308 315 329 324 Raw materials (logs, timber and chips) 81 106 82 129 72 120 Other products 174 176 221 198 213 184 1,772 1,701 2,056 2,147 2,252 1,957 Pulp and Paper: Pulp 309 280 321 297 333 300 Paper 596 416 546 563 530 590 Coated groundwood 36 30 32 30 39 32 Bleached board 47 40 52 51 50 37 Other products 10 6 7 10 6 8 998 772 958 951 958 967 Containerboard, Packaging and Recycling: Containerboard 77 73 81 90 73 101 Packaging 879 758 922 935 898 909 Recycling 60 48 63 51 60 67 Bags 20 10 20 20 19 22 Other products 33 10 35 34 40 28 1,069 899 1,121 1,130 1,090 1,127 Real Estate and Related Assets 445 396 432 421 534 468 Corporate and Other 106 62 126 68 120 160 $4,614 $3,991 $4,930 $4,922 $5,184 $4,890 Year Net sales and revenues (in millions): Year-to-date Q4 ended Sept. Sept. Dec. Dec. 28, 29, 29, 29, 2003 2002 2002 2002 Timberlands: Raw materials (logs, timber and chips) $628 $519 $254 $773 Other products 63 58 39 97 691 577 293 870 Wood Products: Softwood lumber 2,488 2,438 748 3,186 Plywood and veneer 584 556 178 734 Oriented strand board, composite and other panels 1,033 777 251 1,028 Hardwood lumber 241 229 77 306 Engineered lumber products 891 892 256 1,148 Raw materials (logs, timber and chips) 235 355 117 472 Other products 608 558 160 718 6,080 5,805 1,787 7,592 Pulp and Paper: Pulp 963 877 319 1,196 Paper 1,672 1,569 594 2,163 Coated groundwood 107 92 34 126 Bleached board 149 128 51 179 Other products 23 24 10 34 2,914 2,690 1,008 3,698 Containerboard, Packaging and Recycling: Containerboard 231 264 86 350 Packaging 2,699 2,602 864 3,466 Recycling 183 166 63 229 Bags 59 52 23 75 Other products 108 72 20 92 3,280 3,156 1,056 4,212 Real Estate and Related Assets 1,411 1,285 465 1,750 Corporate and Other 352 290 109 399 $14,728 $13,803 $4,718 $18,521 Contribution (charge) to earnings(A): Q1 Q2 Q3 (in millions) March March June June Sept. Sept. 30, 31, 29, 30, 28, 29, 2003 2002 2003 2002 2003 2002 Timberlands(B) $149 $107 $300 $162 $143 $133 Wood Products©(D)(E) (150) 9 (53) 64 151 (18) Pulp and Paper(F)(G) 10 1 (7) (15) (18) 10 Containerboard, Packaging and Recycling(H)(I) 80 58 108 75 42 88 Real Estate and Related Assets(J) 95 91 91 79 97 85 Corporate and Other(K)(L)(M) (46) (46) (2) (48) (94) (80) $138 $220 $437 $317 $321 $218 Contribution (charge) to earnings(A): Year-to-date Q4 Year ended (in millions) Sept. Sept. Dec. Dec. 28, 29, 29, 29, 2003 2002 2002 2002 Timberlands(B) $592 $402 $300 $702 Wood Products©(D)(E) (52) 55 (75) (20) Pulp and Paper(F)(G) (15) (4) 86 82 Containerboard, Packaging and Recycling(H)(I) 230 221 114 335 Real Estate and Related Assets(J) 283 255 81 336 Corporate and Other(K)(L)(M) (142) (174) (119) (293) $896 $755 $387 $1,142 (A) Certain reclassifications have been made to conform prior period data with the current presentation. (B) 2003 second quarter includes a $144 million gain on the sales of timberlands in Washington state. 2002 fourth quarter includes a $117 million gain on the sale of timberlands in Washington state. © The first, second and third quarters of 2003 include charges of $24 million, $26 million and $25 million, respectively, for countervailing and anti-dumping duties and related costs. 2002 first quarter includes $13 million of charges for countervailing and anti-dumping duties and related costs and a credit of $18 million for the reversal of countervailing and anti-dumping duties accrued in 2001. The 2002 second quarter includes $7 million of charges for countervailing and anti-dumping duties and related costs, a credit of $29 million for the reversal of charges accrued in 2001 and a credit of $13 million for charges accrued in the first quarter of 2002. The 2002 third and fourth quarters include charges of $31 million and $26 million, respectively, for countervailing and anti-dumping duties and related costs. The 2002 impact of countervailing and anti-dumping duties and related costs is a net charge of $17 million which includes current year charges of $64 million and $47 million of credits related to the reversal of charges accrued in 2001. (D) The first quarter of 2003 includes a $79 million charge for a lawsuit involving the market for Pacific Northwest alder logs. (E) 2003 first, second and third quarters include costs for the closure of facilities of $22 million, $11 million and $31 million, respectively. 2003 second quarter also includes a charge of $16 million to recognize impairment associated with an impending facility sale. 2002 includes closure costs of $51 million ($17 million in the first quarter and $34 million in the fourth quarter). (F) 2002 includes $12 million in net business disruption costs associated with the recovery boiler explosion at the Plymouth, N.C., paper facility. Costs of $22 million and $30 million are included in the second and third quarters, respectively. Net recoveries of $40 million are included in the fourth quarter. (G) 2003 second quarter includes $3 million of closure costs. 2002 fourth quarter results include an $8 million benefit resulting from adjustments to closure reserves established in 2001. (H) The third quarter of 2003 includes a $23 million charge associated with the settlement of a class action linerboard antitrust lawsuit. (I) 2003 second quarter includes the reversal of an accrual for closure charges of $2 million. 2003 third quarter includes closure costs of $17 million. 2002 includes closure costs of $52 million ($10 million in the first quarter, $28 million in the second quarter and $14 million in the fourth quarter). (J) 2003 first quarter includes gains of $8 million for the sale of two office buildings and $10 for the sale of an apartment complex. 2003 second quarter includes a gain of $12 million for the sale of commercial property. 2002 includes $21 million in gains from sales of apartment complexes, including $7 million in the second quarter and $14 million in the third quarter. (K) 2003 second quarter includes a $6 million charge to reflect the final settlement in connection with the termination of the former MacMillan Bloedel pension plan for U.S. employees. 2002 results include a $35 million charge in the fourth quarter related to the termination of this pension plan. (L) 2003 second quarter includes a $25 million gain for the settlement of an insurance claim relating to the Cemwood litigation. (M) 2003 results include net foreign exchange gains (losses) of $36 million in the first quarter, $51 million in the second quarter and ($6) million in the third quarter. 2002 results include net foreign exchange gains (losses) of $8 million in the first quarter, $27 million in the second quarter, ($17 million) in the third quarter and $14 million in the fourth quarter, for a 2002 net gain of $32 million. These gains and losses result primarily from fluctuations in Canadian and New Zealand exchange rates. WEYERHAEUSER COMPANY STATISTICAL INFORMATION (unaudited) Third party sales volumes: Q1 Q2 Q3 March March June June Sept. Sept. 30, 31, 29, 30, 28, 29, 2003 2002 2003 2002 2003 2002 Timberlands (millions): Raw materials - cubic feet 96 67 110 102 102 91 Wood Products (millions): Softwood lumber - board feet 2,175 1,845 2,385 2,262 2,298 2,362 Softwood plywood and veneer - square feet (3/8") 726 624 760 815 744 792 Composite panels - square feet (3/4") 278 308 317 445 313 95 Oriented strand board - square feet (3/8") 1,025 945 1,206 1,095 1,129 1,117 Hardwood lumber - board feet 106 108 113 113 103 104 Raw materials - cubic feet 128 143 118 164 112 161 Pulp and Paper (thousands): Pulp - air-dry metric tons 623 563 596 618 632 561 Paper - tons 737 546 690 717 707 749 Coated groundwood - tons 61 48 55 49 64 55 Bleached board - tons 60 53 67 61 64 47 Paper converting - tons 502 375 472 488 478 499 Containerboard, Packaging and Recycling (thousands) Containerboard - tons 221 209 233 260 214 283 Packaging - MSF 17,752 15,001 18,577 19,285 18,545 18,553 Recycling - tons 593 604 566 552 538 539 Kraft bags and sacks - tons 25 13 24 26 25 26 Year Third party sales volumes: Year-to-date Q4 ended Sept. Sept. Dec. Dec. 28, 29, 29, 29, 2003 2002 2002 2002 Timberlands (millions): Raw materials - cubic feet 308 260 110 370 Wood Products (millions): Softwood lumber - board feet 6,858 6,469 2,154 8,623 Softwood plywood and veneer - square feet (3/8") 2,230 2,231 672 2,903 Composite panels - square feet (3/4") 908 848 299 1,147 Oriented strand board - square feet (3/8") 3,360 3,157 1,048 4,205 Hardwood lumber - board feet 322 325 102 427 Raw materials - cubic feet 358 468 127 595 Pulp and Paper (thousands): Pulp - air-dry metric tons 1,851 1,742 636 2,378 Paper - tons 2,134 2,012 730 2,742 Coated groundwood - tons 180 152 58 210 Bleached board - tons 191 161 68 229 Paper converting - tons 1,452 1,362 497 1,859 Containerboard, Packaging and Recycling (thousands) Containerboard - tons 668 752 231 983 Packaging - MSF 54,874 52,839 17,491 70,330 Recycling - tons 1,697 1,695 597 2,292 Kraft bags and sacks - tons 74 65 28 93 Total production volumes: Q1 Q2 Q3 March March June June Sept. Sept. 30, 31, 29, 30, 28, 29, 2003 2002 2003 2002 2003 2002 Timberlands (millions): Logs - cubic feet 182 153 152 191 147 164 Wood Products (millions): Softwood lumber - board feet 1,842 1,530 1,825 1,702 1,742 1,728 Softwood plywood and veneer - square feet (3/8") 672 471 557 649 596 638 Composite panels - square feet (3/4") 231 218 252 183 253 235 Oriented strand board - square feet (3/8") 1,011 957 1,051 944 1,061 1,115 Hardwood lumber - board feet 108 96 102 99 103 107 Pulp and Paper (thousands): Pulp - air-dry metric tons 654 607 619 492 604 630 Paper - tons 757 510 712 667 706 704 Coated groundwood - tons 62 48 55 60 61 43 Bleached board - tons 56 63 68 67 72 31 Paper converting - tons 516 353 479 496 472 502 Containerboard, Packaging and Recycling (thousands) Containerboard - tons 1,429 1,250 1,568 1,600 1,512 1,621 Packaging - MSF 18,977 16,174 19,955 20,521 19,865 19,596 Recycling - tons 1,528 1,387 1,644 1,588 1,507 1,551 Kraft bags and sacks - tons 25 13 25 25 23 27 Total production volumes: Year Year-to-date Q4 ended Sept. Sept. Dec. Dec. 28, 29, 29, 29, 2003 2002 2002 2002 Timberlands (millions): Logs - cubic feet 481 508 155 663 Wood Products (millions): Softwood lumber - board feet 5,409 4,960 1,871 6,831 Softwood plywood and veneer - square feet (3/8") 1,825 1,758 520 2,278 Composite panels - square feet (3/4") 736 636 228 864 Oriented strand board - square feet (3/8") 3,123 3,016 1,033 4,049 Hardwood lumber - board feet 313 302 104 406 Pulp and Paper (thousands): Pulp - air-dry metric tons 1,877 1,729 552 2,281 Paper - tons 2,175 1,881 730 2,611 Coated groundwood - tons 178 151 59 210 Bleached board - tons 196 161 66 227 Paper converting - tons 1,467 1,351 493 1,844 Containerboard, Packaging and Recycling (thousands) Containerboard - tons 4,509 4,471 1,533 6,004 Packaging - MSF 58,797 56,291 18,809 75,100 Recycling - tons 4,679 4,526 1,566 6,092 Kraft bags and sacks - tons 73 65 28 93 WEYERHAEUSER COMPANY STATISTICAL INFORMATION CONDENSED CONSOLIDATED BALANCE SHEET (unaudited) (in millions) March June Sept. Dec. 30, 29, 28, 29, Assets 2003 2003 2003 2002 Weyerhaeuser Current assets: Cash and short-term investments $59 $47 $57 $115 Receivables, less allowances 1,573 1,671 1,661 1,413 Inventories 2,167 2,093 1,959 1,941 Prepaid expenses 455 427 436 419 Total current assets 4,254 4,238 4,113 3,888 Property and equipment 12,228 12,274 12,235 12,278 Construction in progress 709 669 514 687 Timber and timberlands at cost, less fee stumpage charged to disposals 4,450 4,454 4,440 4,402 Investments in and advances to equity affiliates 538 564 560 578 Goodwill 3,191 3,224 3,221 3,131 Deferred pension and other assets 1,337 1,349 1,300 1,285 26,707 26,772 26,383 26,249 Real estate and related assets 1,989 2,065 2,064 1,970 Total assets $28,696 $28,837 $28,447 $28,219 Liabilities and Shareholders' Interest Weyerhaeuser Current liabilities: Notes payable and commercial paper $321 $238 $155 $2 Current maturities of long-term debt 595 594 92 786 Accounts payable 975 1,046 975 983 Accrued liabilities 1,162 1,192 1,214 1,223 Total current liabilities 3,053 3,070 2,436 2,994 Long-term debt 12,129 11,866 12,120 11,907 Deferred income taxes, pension, other postretirement benefits and other liabilities 5,541 5,612 5,632 5,346 20,723 20,548 20,188 20,247 Real estate and related assets Notes payable and commercial paper 115 130 100 63 Long-term debt 764 762 762 814 Other liabilities 466 491 476 472 1,345 1,383 1,338 1,349 Total liabilities 22,068 21,931 21,526 21,596 Shareholders' interest 6,628 6,906 6,921 6,623 Total liabilities and shareholders' interest $28,696 $28,837 $28,447 $28,219 STATEMENT OF CASH FLOWS Q1 Q2 Q3 SELECTED INFORMATION (unaudited) March March June June Sept. Sept. (in millions) 30, 31, 29, 30, 28, 29, (Weyerhaeuser only, excludes real 2003 2002 2003 2002 2003 2002 estate & related assets) Net cash from operations $(126) $(90) $465 $379 $489 $268 Cash paid for property and equipment (128) (158) (172) (288) (146) (237) Cash paid for timberlands reforestation (14) (12) (5) (8) (6) (6) Cash received from issuances of debt 1 13,001 -- 100 12 26 Revolving credit facilities, notes and commercial paper borrowings, net 599 30 (333) (150) 166 122 Payments on debt (251) (6,593) (14) (97) (509) (159) STATEMENT OF CASH FLOWS Year SELECTED INFORMATION (unaudited) Year-to-date Q4 ended (in millions) Sept. Sept. Dec. Dec. (Weyerhaeuser only, excludes real 28, 29, 29, 29, estate & related assets) 2003 2002 2002 2002 Net cash from operations $828 $557 $701 $1,258 Cash paid for property and equipment (446) (683) (241) (924) Cash paid for timberlands reforestation (25) (26) (10) (36) Cash received from issuances of debt 13 13,127 1,015 14,142 Revolving credit facilities, notes and commercial paper borrowings, net 432 2 (230) (228) Payments on debt (774) (6,849) (1,375) (8,224)

资料来源:惠豪科技有限公司

联系:媒体，布鲁斯·阿蒙森，1-253-924-3047，或分析师，凯瑟琳
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