新闻室

打印新闻稿

Weyerhaeuser报告3季度净收入为1.01亿美元,或每股摊款47美分,销售额为41亿美元

Prnewswire-FirstCall.
联邦方式,洗。
2007年10月31日

Weyerhaeuser公司(纽约证券交易所)(纽约证券交易所)(纽约证券交易所)今天报告了2007年第三季度的1.01亿美元的净收入,或每股47美分,销售额为41亿美元。

(标识:http://www.newscom.com/cgi-bin/prnh/20040116/dygo -a.) (标识:http://www.newscom.com/cgi-bin/prnh/20040116/dygo -b.)2007年第三季度收益包括以下税收税:*收取1700万美元,或每股摊款8美分,用于我们的木材产品细分市场中的封闭,重组和资产损伤。manbetx apk手机版*收取1700万美元,或与与行政职能的重组有关的股份,包括加拿大区域办事处,以及向新信息技术提供者过渡的一次性成本,每股摊薄股份有8美分。*为房地产资产减值为1600万美元或每股7美分的费用;*与法律结算有关的2600万美元,或每股12美分。*在销售运营和以前封闭的工厂网站上,收益700万美元,或每次摊薄股份3美分。

不包括这些物品,公司于2007年第三季度赢得了11800万美元,或每股55美分。

2006年第三季度业绩重点是将Domtar交易中包含的精细纸业和相关资产反映为已停产的业务,并将新会计宣告应用于费用计划的主要维护费用。

2006年第三季度,韦伊尔·纳伯人净收入为2.24亿美元,或每股摊薄91美分,净销售额为46亿美元。2006年第三季度收益包括以下税后项目:

*从北美复合材料业务的销售销售北美复合材料业务的3100万美元,或13美分。*由于硬盘索赔索赔的储备书减少了1500万美元或每股摊薄份额的6美分。* 2500万美元或每股10美分的费用,用于与阿尔伯特王子,萨斯喀彻温省王子,萨斯喀彻温省普通王子,与前BC沿海业务相关的额外善意的续集有关的资产损害。*收取1800万美元,或每股7美分,用于资产障碍和与设施闭合或缩减相关的费用,主要是在木制品细分市场。manbetx apk手机版*收取900万美元,或每次摊薄股份4美分,可损害房地产资产。*与此前宣布收购有机性,研发公司的收购有关的600万美元或每股2美分。

不包括这些物品,该公司在2006年第三季度赢得了2.36亿美元,或每股摊薄95美分。

摘要第三季度商业绩效*林地 - 木材产品市场的持续疲软导致了较低的日志价格,但非战略林地的销售额增加。manbetx apk手机版*木manbetx apk手机版制品 - 木材产品的需求继续削弱。*纤维素纤维 - 价格持续提高和生产力提高。* Containseboard包装和回收 - 磨机生产率改进和年度预定的维护停机减少由季节性较低的包装出货量和旧波纹容器(OCC)的更高成本部分抵消。*房地产和相关资产 - 住房市场继续下降。单独的闭合速度增加季节性和利润率由于混合而改善。

“第三季度,已经疲软的木材制品市场manbetx apk手机版在第三季度进一步恶化,”总裁兼首席执行官主席斯图文·罗格尔说。“我们正在调整我们的生产,以满足我们的减少阶级,但我们在本季度采取了额外的行动,因为需求和价格下滑。我们将不断调整我们的经营姿势,以平衡需求的生产。

“与此同时,我们所做的工作更有效地在我们的纤维素纤维和容器板包装企业中提高了轧机生产力。我们预计第四季度两家企业的价格实现。”

第三季度金融亮点数百万(每股数据除外)2007年3季度2006年3季度改变净收入$ 101 $ 224($ 123)每次摊薄收益$ 0.47 $ 0.91($ 0.44)净销售额为4,146美元4,554美元(408美元)的第三季度成果:第三季度(预先捐款)-tax收益)2007年3Q Qul 2006年3Q 2006年3Q改变Timberlands $ 165 $ 178($ 13)木制品(US $ 1manbetx apk手机版31)$ 11$ 60 $ 135($ 75)TIMBERLANDS 2007 2007年2Q 2007年第二季度为税前收入进行贡献(百万)$ 165 142 $ 23

2007年3季度绩效 - 出口和国内日志价格在西方下降,而南部的日志价格相对不变。总费用收获略有下降,但第三方日志销售量随着商品厂消费的数量增加而增加。第三季度的非战略林地的销量更高抵消了日志价格下降的影响。

2007年4季度展望 - 威尔霍恩斯人预计第四季度的盈利将在第三季度降低,而由于期望:

*住房市场的持续疲软将导致出口和国内市场的价格较低,并在西部的日志销售量下降。*本公司将在第四季度完成更少的非战略林地交易。manbetx apk手机版2007年2007年2季度2007年2Q改变税前收入的贡献(亏损)(数百万美元)($ 131)($ 123)($ 8)

2007年3季度绩效 - 不包括下列税前项目,分部的净亏损从第二季度增加了3600万美元,反映了持续困难的市场条件。

2007年第三季度包括:*设施封闭,资产减值和重组成本为2500万美元的费用,*解决桤木诉讼的400万美元,*销售单板设施和以前的700万美元的收益封闭的客户服务中心网站。2007年第二季度包括:*资产损伤,设施闭幕和加拿大分销业务的销售费用为3300万美元,*结算桤木诉讼的1700万美元。

拒绝住房开始不断影响分部结果。胶合板和面向钢板板的平均实际价格从第二季度略有增加,但额外的木材价格下跌抵消。每个部分的建筑产品销售量下降。加强加拿大元不利影响加拿大制造的产品的盈利贡献。

2007年4季度展望 - 该公司预计该部门的经营亏损与第三季度相比增加,而第三季度由于传统的季节性放缓和持续压力,持续的卷和价格。

10月18日,该公司在三厂宣布无限期的削减,预计将继续积极调整经营姿势以平衡生产需求。

纤维素纤维2007年第3季度2007年2季度改变税前收益的贡献(百万美元)$ 79 $ 48 $ 31

2007年3季度绩效 - 市场条件继续提高,纸浆价格上涨。纸浆装运卷在第三季度下降,主要是由于与磨坊过渡到Domtar相关的经纪关系的变化。轧机生产率提高,而成本由于年度维护的停机时间减少。

2007年4季度展望 - Weyerhaeuser期望市场状况有利,导致第四季度的细分市场略有较高。

Contertaboard,Packaging和Recycling 2007 2007年2Q 2007年第二季度为税前收入的贡献(百万美元)104美元(8美元)

2007年3季度绩效 - 不包括以下税前项目,分部的收益从第二季度增加1300万美元。

2007年第三季度包括:*销售先前封闭的盒子现场的增长300万美元。2007年第二季度包括:*在加利福尼亚州出售先前封闭的盒子厂房的收益2900万美元。*与火灾和随后的盒子植物关闭有500万美元的费用。

生产力提高,在箱板轧机上减少了增长和年度预定维护停机时间。OCC成本增加。能源成本稳定下降。平均包装价格实现主要由于产品组合而下降。转换成本降低部分抵消了包装价格实现和季节性较低的货物。

2007年4季度展望 - 由于期望,我们预计将与第三季度相当的第四季度收益:

*包装和容器板价格实现将改善。* OCC成本将适中。*额外的预定维护停机时间和更高的季节性能源成本将抵消改进的价格实现。房地产和相关资产2007年3Q 2007年2Q 2007年2季度为税前收入的贡献(百万美元)为60美元(4美元)

2007年3季度绩效 - 不包括以下税前项目,分部的收益从第二季度增加了1900万美元。

2007年第三季度包括:*从土地销售额为3000万美元。*资产减值费用为2300万美元。2007年第二季度包括:*公寓项目销售的4200万美元的收益。*资产减值费用为1200万美元。

与第二季度相比,单户住宅关闭增加。平均收盘价格继续下降。利润率由于混合而增加。卖出的房屋积压但未关闭,拒绝大约四个半月。

2007年4季度Outlook - Weyerhaeuser预计由于市场条件下降,单家庭住宅的收入将比第三季度明显低于第三季度。尚未在第四季度关闭的合同下尚未收取土地销售可以抵消其中一些跌幅。

关于Weyerhaeuser

Weyerhaeuser公司是世界上最大的森林产品公司之一,于1900年注册成立。2006年,销售额为219亿美元。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。有关Weyerhaeuser的业务,产品和实践的其他信息//www.noirla.com/

盈利呼叫信息

Weyerhaeuser将于10月31日在10月31日举行一份现场电话会议电话(东部10 A.M.东部)讨论第三季度业绩。

要从北美内部访问电话会议,请在通话前至少15分钟拨打1-800-218-4007。来自北美外部的人应拨打1-303-262-2075。从北美内部的1-800-405-2236(访问代码 - 11098530#)和1-303-590-3000(访问代码 - 11098530#),从北美的1-303-50530-3000(11098530#)提供重放。

通过Weyerhaeuser的互联网网站在线广播正在访问http://investor.weyerhaeuser.com/点击“Q3 2007盈利会议电话”链接。

网络广播可通过Thomson StreetEvents网络提供给机构和个人投资者。万博电竞个人投资者可以听取电话万博电竞http://www.fulldisclosure.com/,汤姆森的个人投资者门户,由街道提供动力。机构投资者可以通过汤森的密码万博电竞保护网站,街道(http://www.streetevents.com/)。

前瞻性陈述

本新闻稿载有关于公司未来结果和绩效的陈述,即在1995年私营证券诉讼改革法案的含义内的前瞻性陈述。这些前瞻性陈述中的一些涉及使用前瞻性术语作为“期待”,“愿”,“”意志“,”相信“,”应该,“”大约“,”估计,“和”计划“,”和这些术语或类似术语的负面或其他变化或通过讨论战略,计划或意图。特别是,这些前瞻性陈述中的一些关于2007年第四季度关于公司的市场,盈利和履行公司业务部门,价格实现,需求,销售量和定价的预期该公司的产品,土地销售,产品组合,OCC和纤维成本,季节性能源成本更高,经营姿势和预定的年度维护停机及相关事宜。准确性此类陈述受到许多风险,不确定性和假设,可能导致实际结果与预期的实际结果不同,包括但不限于:

*一般经济状况的影响,包括利率水平和住房的效果;*市场需求对公司的产品,可能与各种美国商业领域的相对实力相关联;*能源价格;*原材料价格;*化学价格;*公司的制造业务表现,包括意外的维护要求;*成功执行内部绩效计划;*国内外生产商的竞争程度;*林业,土地利用,环境和其他政府法规的影响以及会计法规的变化;*天气的影响; * The risk of loss from fires, floods, windstorms, hurricanes, pest infestation and other natural disasters; * Transportation costs; * Legal proceedings; * The effect of timing of retirements and changes in the market price of company stock on charges for stock-based compensation; and * Performance of pension fund investments and related derivatives.

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. These and other factors could cause or contribute to actual results differing materially from such forward-looking statements and, accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will occur, or if any of them occurs, what effect they will have on the company's results of operations or financial condition. The company expressly declines any obligation to publicly revise any forward-looking statements that have been made to reflect the occurrence of events after the date of this news release.

有关更多信息联系人:Media  -  Bruce Amundson(253)924-3047分析师 -  Kathryn Mcauley(253)924-2058 Weyerhaeuser公司统计信息(未经审计)综合收益Q1 Q2 Q3(数百万)4月1日,7月2日,7月1日,2007年6月30日,2007年9月30日2007 2007 2007 2007 2006 2006年净销售和收入:Weyerhaeuser $ 3,404 $ 3,761 $ 3,775 $ 4,121 $ 3,775 $ 4,805房地产和相关资产487 690 559 746 598 749总净销售和收入3,891 4,451 4,334 4,867 4,1464,554次成本和费用:Weyerhaeuser:产品的成本已售(1)2,785 2,947 3,085 3,190 2,845 3,038折旧,耗尽和摊销232 231销售费用109 100 109 117 102 111一般和行政费用200 235 199 205 184 184 214 214 214 214 214 214 214 214 214 214 214 214191919111911和开发费用(2)16 16 1615 18 23重组(3)3(1)3(1)2 18 16 4设施的收费(4)5 2 19 5 19 15折扣善意(5)22-   -  1  - 退还反补贴和反-dumping职责 -   -   -   -   -   - 其他运营成本(收入),净(6)(7)21 31 5(26)1(36)1(36)3,393 3,563 3,660 3,755 3,416 3,600房地产和相关资产:成本和运营费用(8)379 482 415 553 451 539折旧和摊销6​​ 3 5 4 6 10销售费用41 37 45 43 44一般和行政费用28 30 30 27 35 26 30其他运营成本(收入),净(4)(3)43(4)(2)长寿资产损害 -   -  12 3 23 14 450 549 508 641 547 635总成本和费用3,843 4,112 4,168 4,396 3,963 4,235营业收入48 339 166 471 183 319利息费用和其他:Weyerhaeuser:兴趣费用(9)(131)(128)(179)(179)(129)(126)(126)(126)少:利息资本化30 16 29 29 29利息收入和其他20 19 25 15 20 17收入(亏损)附属公司(10)(1)3 1 6 5  - 房地产和相关资产:利息费用(12)(14)(16)(16)(16)(16)(12)(16)(12)(12)(12)(12)(12)(12)(12)(12) Interest income and other 3 10 1 3 1 7 Equity in income of unconsolidated entities 18 21 12 15 8 14 Earnings (loss) from continuing operations before income taxes (13) 280 55 401 115 252 Income taxes (1)(11) (3) (100) (18) (92) (41) (86) Earnings (loss) from continuing operations (16) 180 37 309 74 166 Earnings (loss) from discontinued operations, net of taxes (12) 771 (756) (5) (11) 27 58 Net earnings (loss) (1) $755 $(576) $32 $298 $101 $224 Basic net earnings (loss) per share: Continuing operations $(0.07) $0.73 $0.17 $1.24 $0.34 $0.67 Discontinued operations 3.31 (3.07) (0.02) (0.04) 0.13 0.24 Net earnings (loss) per share $3.24 $(2.34) $0.15 $1.20 $0.47 $0.91 Diluted net earnings (loss) per share: Continuing operations $(0.07) $0.73 $0.17 1.23 $0.34 $0.67 Discontinued operations 3.31 (3.06) (0.02) (0.04) 0.13 0.24 Net earnings (loss) per share $3.24 $(2.33) $0.15 $1.19 $0.47 $0.91 Dividends paid per share $0.60 $0.50 $0.60 $0.50 $0.60 $0.60 Weighted average shares outstanding (in thousands): Basic 233,242 245,794 217,688 248,147 215,154 247,428 Diluted 233,242 246,970 218,743 249,194 215,828 247,900 Common and exchangeable shares outstanding at end of period (in thousands) 217,726 247,555 217,759 248,269 211,106 242,929 Year-to- CONSOLIDATED EARNINGS Year-to-date Q4 date (in millions) Sept. 30, Sept. 24, Dec. 31, Dec. 31, 2007 2006 2006 2006 Net sales and revenues: Weyerhaeuser $10,727 $11,687 $3,649 $15,336 Real Estate and Related Assets 1,644 2,185 1,150 3,335 Total net sales and revenues 12,371 13,872 4,799 18,671 Costs and expenses: Weyerhaeuser: Costs of products sold (1) 8,715 9,175 3,007 12,182 Depreciation, depletion and amortization 685 695 252 947 Selling expenses 320 328 123 451 General and administrative expenses 583 654 241 895 Research and development expenses (2) 52 54 15 69 Charges (reversals) for restructuring (3) 21 21 - 21 Charges for closure of facilities (4) 43 22 50 72 Impairment of goodwill (5) 23 - - - Refund of countervailing and anti-dumping duties - - (344) (344) Other operating costs (income), net (6) (7) 27 (31) (105) (136) 10,469 10,918 3,239 14,157 Real Estate and Related Assets: Costs and operating expenses (8) 1,245 1,574 764 2,338 Depreciation and amortization 17 17 8 25 Selling expenses 131 124 56 180 General and administrative expenses 81 95 29 124 Other operating costs (income), net (4) (2) (1) (3) Impairment of long-lived assets 35 17 19 36 1,505 1,825 875 2,700 Total costs and expenses 11,974 12,743 4,114 16,857 Operating income 397 1,129 685 1,814 Interest expense and other: Weyerhaeuser: Interest expense incurred (9) (441) (383) (136) (519) Less: interest capitalized 88 57 27 84 Interest income and other 65 51 19 70 Equity in income (loss) of affiliates (10) 5 9 (2) 7 Real Estate and Related Assets: Interest expense incurred (44) (40) (15) (55) Less: interest capitalized 44 40 15 55 Interest income and other 5 20 10 30 Equity in income of unconsolidated entities 38 50 8 58 Earnings (loss) from continuing operations before income taxes 157 933 611 1,544 Income taxes (1) (11) (62) (278) (202) (480) Earnings (loss) from continuing operations 95 655 409 1,064 Earnings (loss) from discontinued operations, net of taxes (12) 793 (709) 98 (611) Net earnings (loss) (1) $888 $(54) $507 $453 Basic net earnings (loss) per share: Continuing operations $0.43 $2.65 $1.72 $4.35 Discontinued operations 3.57 (2.87) 0.40 (2.50) Net earnings (loss) per share $4.00 $(0.22) $2.12 $1.85 Diluted net earnings (loss) per share: Continuing operations $0.43 $2.65 $1.72 $4.33 Discontinued operations 3.55 (2.87) 0.40 (2.49) Net earnings (loss) per share $3.98 $(0.22) $2.12 $1.84 Dividends paid per share $1.80 $1.60 $0.60 $2.20 Weighted average shares outstanding (in thousands): Basic 222,028 247,123 238,824 244,931 Diluted 223,083 247,123 239,525 245,780 Common and exchangeable shares outstanding at end of period (in thousands) 211,106 242,929 238,008 238,008 WEYERHAEUSER COMPANY STATISTICAL INFORMATION (unaudited) FOOTNOTES TO CONSOLIDATED EARNINGS (in millions) (1) The following adjustments were made to 2006 quarterly results to apply a new accounting pronouncement to expense planned major maintenance costs as incurred: Year-to- Year-to- date date Q1 2006 Q2 2006 Q3 2006 Q3 2006 Q4 2006 2006 Cellulose Fibers $(5) $(10) $13 $(2) $2 $- Fine Paper 7 (10) 6 3 (3) - Containerboard, Packaging, and Recycling 4 (5) 1 - - - 6 (25) 20 1 (1) - Income taxes (2) 9 (7) - - - Net earnings (loss) $4 $(16) $13 $1 $(1) $- (2) The third quarter of 2006 includes a $9 million charge related to the acquisition of OrganicID, a research and development company. (3) The second quarter of 2006 includes an $18 million charge related to the restructuring of the Containerboard, Packaging, and Recycling business model. (4) See detail of closure charges by segment on page 4. (5) The first quarter of 2007 includes a charge of $22 million for the impairment of goodwill associated with Canadian wood products distribution facilities. (6) Includes net foreign exchange gains (losses), primarily from fluctuations in Canadian and New Zealand exchange rates: Year- Year- to- to- date date Q1 Q1 Q2 Q2 Q3 Q3 Q3 Q3 Q4 2007 2006 2007 2006 2007 2006 2007 2006 2006 2006 $7 $(26) $29 $21 $2 $17 $38 $12 $15 $27 (7) The first and second quarters of 2007 include $34 million and $12 million, respectively, in asset impairments related to wood products facilities. The second quarter also includes a $29 million gain on the sale of a previously closed box plant site, a $40 million charge for legal settlements and a contract termination, and $6 million in additional charges related to the sale of Canadian Wood Products distribution facilities. The third quarter of 2007 includes gains of $9 million on the sale of previously closed facility sites, a $4 million charge for a legal settlement, and charges of $13 million to transition to a new IT service provider. The third quarter of 2006 includes $23 million of income related to a reduction of the reserve for hardboard siding claims and charges of $7 million for the impairment of fixed assets related to production curtailments. The fourth quarter of 2006 includes $95 million of income related to a reversal of the reserve for alder litigation claims. (8) The first quarter of 2006 includes income of $8 million related to a warranty insurance recovery. (9) The second quarter of 2007 includes a $42 million charge related to the early extinguishment of debt. (10) The third quarter of 2006 includes a $2 million charge related to the impairment of investments in equity affiliates. (11) The second quarter of 2006 includes a one-time tax benefit of $48 million related to a change in Texas state income tax law, a reduction in the Canadian federal income tax rate and a deferred tax adjustment related to the Medicare Part D subsidy. (12) Discontinued operations includes the net operating results of the operations of the fine paper business and related assets and the North American and European composite panels operations. The first quarter of 2007 includes a pretax gain of $682 million and related tax benefit of $74 million and the second quarter of 2007 includes pretax charges of $4 million related to the distribution of the fine paper business and related assets to Weyerhaeuser shareholders. The third quarter of 2007 includes pre-tax income of $43 million from the settlement of litigation associated with an Ontario fine paper mill. The first and second quarters of 2006 include charges of $746 million and $3 million, respectively, for the impairment of goodwill associated with the fine paper business. The third quarter of 2006 includes a pretax gain of $51 million and related tax expense of $18 million associated with the sale of the North American composite panels operations and an $8 million charge to write off additional goodwill associated with the coastal British Columbia operations. The fourth quarter of 2006 includes a pretax gain of $45 million and related tax expense of $4 million associated with the sale of the Irish composite panels operations. WEYERHAEUSER COMPANY STATISTICAL INFORMATION (unaudited) Net sales and revenues (in millions): (1)(2) Q1 Q2 Q3 Q3 April 1, March 26, July 1, June 25, Sept. 30, Sept. 24, 2007 2006 2007 2006 2007 2006 Timberlands: Logs $170 $201 $172 $198 $168 $200 Other products 63 62 39 71 81 46 233 263 211 269 249 246 Wood Products: Softwood lumber 574 782 647 857 580 733 Plywood 100 135 106 147 89 134 Veneer 9 13 14 13 13 9 Composite panels 24 121 24 140 20 71 Oriented strand board 152 287 153 273 151 203 Hardwood lumber 90 99 99 105 89 96 Engineered I-Joists 117 169 147 202 124 162 Engineered solid section 155 204 185 231 155 190 Logs 6 7 4 5 3 5 Other products 243 256 283 327 225 302 1,470 2,073 1,662 2,300 1,449 1,905 Cellulose Fibers: Pulp 405 394 370 402 345 404 Liquid packaging board 56 46 72 62 61 59 Other products 21 13 28 16 30 19 482 453 470 480 436 482 Fine Paper: (2) Paper 432 613 - 601 - 604 Coated groundwood 26 40 - 44 - 42 Other products 1 1 - 1 - 2 459 654 - 646 - 648 Containerboard, Packaging and Recycling: Containerboard 119 82 109 84 99 92 Packaging 951 911 1,043 1,002 1,015 997 Recycling 94 80 103 85 106 89 Bags 23 20 23 20 23 23 Other products 39 34 49 46 50 44 1,226 1,127 1,327 1,237 1,293 1,245 Real Estate and Related Assets 487 690 559 746 598 749 Corporate and Other 97 116 105 117 121 123 Less: sales of discontinued operations (563) (925) - (928) - (844) $3,891 $4,451 $4,334 $4,867 $4,146 $4,554 Net sales and revenues (in millions): (1) (2) Year-to-date Q4 Year-to-date Sept. 30, Sept. 24, Dec. 31, Dec. 31, 2007 2006 2006 2006 Timberlands: Logs 510 $599 $182 $781 Other products 183 179 56 235 693 778 238 1,016 Wood Products: Softwood lumber 1,801 2,372 625 2,997 Plywood 295 416 113 529 Veneer 36 35 7 42 Composite panels 68 332 25 357 Oriented strand board 456 763 176 939 Hardwood lumber 278 300 98 398 Engineered I-Joists 388 533 137 670 Engineered solid section 495 625 169 794 Logs 13 17 6 23 Other products 751 885 268 1,153 4,581 6,278 1,624 7,902 Cellulose Fibers: Pulp 1,120 1,200 457 1,657 Liquid packaging board 189 167 62 229 Other products 79 48 22 70 1,388 1,415 541 1,956 Fine Paper: (2) Paper 432 1,818 652 2,470 Coated groundwood 26 126 45 171 Other products 1 4 - 4 459 1,948 697 2,645 Containerboard, Packaging and Recycling: Containerboard 327 258 119 377 Packaging 3,009 2,910 1,021 3,931 Recycling 303 254 91 345 Bags 69 63 25 88 Other products 138 124 47 171 3,846 3,609 1,303 4,912 Real Estate and Related Assets 1,644 2,185 1,150 3,335 Corporate and Other 323 356 128 484 Less: sales of discontinued operations (563) (2,697) (882) (3,579) 12,371 $13,872 $4,799 $18,671 (1) The fourth quarter of 2006 includes 14 weeks of operations compared to 13 weeks in all other quarters. (2) First quarter 2007 results include 9 weeks of operations for the fine paper business and related assets, prior to the distribution of these assets to Weyerhaeuser shareholders. Contribution (charge) to pre-tax earnings: (in millions) Q1 Q2 Q3 April 1, March 26, July 1, June 25, Sept. 30, Sept. 24, 2007 2006 2007 2006 2007 2006 Timberlands (1) (2) $175 $198 $142 $224 $165 $178 Wood Products (1) (2) (5) (167) 117 (123) 131 (131) 11 Cellulose Fibers (1) (2) (4) 22 (5) 48 23 79 66 Fine Paper (1) (2) (4) (6) 20 (756) - (20) - 68 Containerboard, Packaging and Recycling (1) (2) (4) (7) 67 26 112 69 104 97 Real Estate and Related Assets (2) (8) 58 172 64 123 60 135 Corporate and Other (1) (2) (3) (9) 633 (102) (44) (40) (16) (78) $808 $(350) $199 $510 $261 $477 Contribution (charge) to pre-tax earnings: (in millions) Year-to-date Q4 Year-to-date Sept. 30, Sept. 24, Dec. 31, Dec. 31, 2007 2006 2006 2006 Timberlands (1) (2) $482 $600 $167 $767 Wood Products (1) (2) (5) (421) 259 205 464 Cellulose Fibers (1) (2) (4) 149 84 58 142 Fine Paper (1) (2) (4) (6) 20 (708) 61 (647) Containerboard, Packaging and Recycling (1) (2) (4) (7) 283 192 71 263 Real Estate and Related Assets (2) (8) 182 430 293 723 Corporate and Other (1) (2) (3) (9) 573 (220) (3) (223) $1,268 $637 $852 $1,489 WEYERHAEUSER COMPANY STATISTICAL INFORMATION (unaudited) FOOTNOTES TO CONTRIBUTION (CHARGE) TO PRE-TAX EARNINGS (in millions) (1) Closure charges by segment: Q1 Q1 Q2 Q2 Q3 Q3 2007 2006 2007 2006 2007 2006 Timberlands $- $- $- $- $- $- Wood Products 3 - 15 1 19 10 Cellulose Fibers - (1) - - (1) 1 Fine Paper 2 - - 11 - 3 Containerboard, Packaging and Recycling 2 2 3 5 - 3 Corporate and Other - - 1 - 1 26 $7 $1 $19 $17 $19 $43 Year-to- Year-to-date date Closure charges by segment: Q3 2007 Q3 2006 Q4 2006 2006 Timberlands $- $- $1 $1 Wood Products 37 11 48 59 Cellulose Fibers (1) - (3) (3) Fine Paper 2 14 1 15 Containerboard, Packaging and Recycling 5 10 4 14 Corporate and Other 2 26 - 26 $45 $61 $51 $112 The above closure charges include costs incurred within the company's discontinued operations. (2) Share-based compensation charges (income) recognized by segment: Q1 Q1 Q2 Q2 Q3 Q3 2007 2006 2007 2006 2007 2006 Timberlands $1 $1 $- $- $1 $- Wood Products 2 2 2 - 1 - Cellulose Fibers 2 1 - - - - Fine Paper - - - - - 1 Containerboard, Packaging and Recycling 1 2 2 (1) 1 1 Real Estate and Related Assets 2 - 1 2 - - Corporate and Other 14 15 5 (5) - 1 $22 $21 $10 $(4) $3 $3 Share-based compensation charges (income) recognized by segment: Year-to- Year-to-date date Q3 2007 Q3 2006 Q4 2006 2006 Timberlands $2 $1 $- $1 Wood Products 5 2 1 3 Cellulose Fibers 2 1 1 2 Fine Paper - 1 - 1 Containerboard, Packaging and Recycling 4 2 - 2 Real Estate and Related Assets 3 2 - 2 Corporate and Other 19 11 7 18 $35 $20 $9 $29 (3) Net foreign exchange gains (losses) included in Corporate and Other: Q1 Q1 Q2 Q2 Q3 Q3 2007 2006 2007 2006 2007 2006 $7 $(26) $34 $20 $2 $17 Net foreign exchange gains (losses) included in Corporate and Other: Year-to-date Year-to-date Q3 2007 Q3 2006 Q4 2006 2006 $43 $11 $14 $25 (5) Additional Wood Products notes: (a) The first quarter of 2007 includes charges of $22 million for the impairment of goodwill associated with Canadian distribution facilities and $34 million in asset impairments related to wood products facilities. (b) The second quarter of 2007 includes a charge of $17 million for expected settlement of litigation. (c) The second quarter of 2007 includes charges of $12 million in asset impairments related to wood products facilities and $6 million in additional charges related to the sale of Canadian distribution facilities. (d) The third quarter of 2007 includes $7 million of income from the sale of a veneer facility and a previously closed distribution center site. (e) The third quarter of 2007 includes charges of $4 million for the settlement of litigation, $4 million for restructuring activities and $1 million in goodwill impairment. (f) The third quarter of 2006 includes $23 million of income related to a reduction of the reserves for hardboard siding claims. (g) The third quarter of 2006 includes a $51 million gain on the sale of the company's North American composite panels operations. (h) The third quarter of 2006 includes charges of $7 million for the impairment of fixed assets related to production curtailments. (i) The fourth quarter of 2006 includes $344 million of income from the refund of countervailing and anti-dumping duties. (j) The fourth quarter of 2006 includes $95 million of income related to a reversal of the reserves for alder litigation claims. (6) Additional Fine Paper notes: (a) The first and second quarters of 2006 include charges of $746 million and $3 million, respectively, for the impairment of goodwill associated with the fine paper business. (7) Additional Containerboard, Packaging and Recycling notes: (a) The second quarter of 2007 includes a $29 million gain on the sale of a previously closed box plant site in California and $3 million in charges related to a fire at the Closter, NJ box plant. (b) The third quarter of 2007 includes $3 million of income related to the sale of a previously closed box plant site. (c) The second and third quarters of 2006 include charges of $18 million and $3 million, respectively, related to the restructuring of the Containerboard, Packaging and Recycling business model. (8) Additional Real Estate and Related Assets notes: (a) The first, second and third quarters of 2007 includes net gains (losses) on land and lot sales of $3 million, $3 million, and $30 million, respectively. The first, second, third and fourth quarters of 2006 include net gains (losses) on land and lot sales of $33 million, ($1) million, $0, and $110 million, respectively, or $142 million year-to-date. (b) The second quarter of 2007 includes a gain of $42 million on the sale of an apartment project. The fourth quarter of 2006 includes a $28 million gain on the sale of an apartment building. (c) The second and third quarters of 2007 include charges for the impairment of assets of $12 million, $23 million, respectively, or $35 million year-to-date. The second, third, and fourth quarters of 2006 include charges for the impairment of assets of $3 million, $14 million, and $19 million, respectively, or $36 million year-to-date. (d) The first quarter of 2006 includes income of $8 million related to a warranty insurance recovery and income of $9 million related to recognition of deferred income in connection with partnership restructurings. (9) Additional Corporate and Other notes: (a) The first quarter of 2007 includes a $682 million pretax gain and the second quarter includes charges of $4 million related to the distribution of the fine paper business and related assets to Weyerhaeuser shareholders. (b) The second quarter of 2007 includes a $23 million charge for legal settlements and a contract termination. (c) The third quarter of 2007 includes a $43 million gain on the settlement of litigation. (d) The third quarter of 2007 includes charges of $20 million for restructuring activities and the transition to a new IT service provider. (e) The third quarter of 2006 includes an $8 million charge to write off additional goodwill associated with the coastal British Columbia operations. (f) The third quarter of 2006 includes a $9 million charge related to the acquisition of OrganicID, a research and development company. (g) The fourth quarter of 2006 includes a $45 million pretax gain on the sale of the company's Irish composite panels operations. WEYERHAEUSER COMPANY STATISTICAL INFORMATION (unaudited) Third party sales volumes: (1) (2) Q1 Q2 Q3 April 1, March 26, July 1, June 25, Sept. 30, Sept. 24, 2007 2006 2007 2006 2007 2006 Timberlands (thousands): Logs - cunits 750 935 762 808 805 850 Wood Products (millions): Softwood lumber - board feet 1,657 1,921 1,805 2,113 1,654 1,974 Plywood - square feet (3/8") 310 389 305 458 240 437 Veneer - square feet (3/8") 57 61 82 63 73 48 Composite panels - square feet (3/4") 36 302 35 324 29 139 Oriented strand board - square feet (3/8") 942 1,000 899 1,069 835 989 Hardwood lumber - board feet 89 103 99 110 93 100 Engineered I-Joists - lineal feet 82 114 108 137 92 110 Engineered solid section - cubic feet 7 9 10 11 8 9 Logs - cunits (in thousands) 46 55 33 46 34 26 Cellulose Fibers (thousands): Pulp - air-dry metric tons 594 651 524 647 470 625 Liquid packaging board - tons 67 56 82 71 72 72 Fine Paper (thousands): (2) Paper - tons 461 753 - 662 - 641 Coated groundwood - tons 38 52 - 59 - 59 Paper converting - tons 318 511 - 474 - 462 Containerboard, Packaging and Recycling (thousands): Containerboard - tons 259 211 230 189 205 202 Packaging - MSF 17,754 18,342 18,965 19,168 18,751 18,425 Recycling - tons 654 733 656 719 632 678 Kraft bags and sacks - tons 25 20 23 20 25 22 Real Estate and Related Assets: Single-family homes sold 1,684 1,472 1,139 1,325 734 906 Single-family homes closed 976 1,161 1,062 1,483 1,145 1,439 Single-family homes sold but not closed at end of period 2,207 3,105 2,284 2,947 1,873 2,414 Third party sales volumes: (1) (2) Year-to-date Q4 Year-to-date Sept. 30, Sept. 24, Dec. 31, Dec. 31, 2007 2006 2006 2006 Timberlands (thousands): Logs - cunits 2,317 2,593 843 3,436 Wood Products (millions): Softwood lumber - board feet 5,116 6,008 1,863 7,871 Plywood - square feet (3/8") 855 1,284 379 1,663 Veneer - square feet (3/8") 212 172 43 215 Composite panels - square feet (3/4") 100 765 37 802 Oriented strand board - square feet (3/8") 2,676 3,058 1,038 4,096 Hardwood lumber - board feet 281 313 99 412 Engineered I-Joists - lineal feet 282 361 95 456 Engineered solid section - cubic feet 25 29 7 36 Logs - cunits (in thousands) 113 127 42 169 Cellulose Fibers (thousands): Pulp - air-dry metric tons 1,588 1,923 698 2,621 Liquid packaging board - tons 221 199 76 275 Fine Paper (thousands): (2) Paper - tons 461 2,056 693 2,749 Coated groundwood - tons 38 170 64 234 Paper converting - tons 318 1,447 485 1,932 Containerboard, Packaging and Recycling (thousands): Containerboard - tons 694 602 254 856 Packaging - MSF 55,470 55,935 18,932 74,867 Recycling - tons 1,942 2,130 745 2,875 Kraft bags and sacks - tons 73 62 27 89 Real Estate and Related Assets: Single-family homes sold 3,557 3,703 838 4,541 Single-family homes closed 3,183 4,083 1,753 5,836 Single-family homes sold but not closed at end of period 1,873 2,414 1,499 1,499 (1) The fourth quarter of 2006 includes 14 weeks of operations compared to 13 weeks in all other quarters. (2) First quarter 2007 results include 9 weeks of operations for fine paper and related assets, prior to the distribution of these assets to Weyerhaeuser shareholders. WEYERHAEUSER COMPANY STATISTICAL INFORMATION Total production volumes: (1) (2) Q1 Q2 Q3 April 1, March 26, July 1, June 25, Sept. 30, Sept. 24, 2007 2006 2007 2006 2007 2006 Timberlands (thousands): Fee depletion - cunits 2,140 2,132 2,038 2,083 2,029 2,040 Wood Products (millions): Softwood lumber - board feet 1,427 1,663 1,451 1,650 1,405 1,559 Plywood - square feet (3/8") 114 241 115 245 110 237 Veneer - square feet (3/8") (3) 298 455 338 455 297 494 Composite panels - square feet (3/4") - 278 - 288 - 100 Oriented strand board - square feet (3/8") 968 1,073 847 1,062 834 1,009 Hardwood lumber - board feet 73 82 75 83 80 82 Engineered I-Joists - lineal feet 87 121 114 136 91 130 Engineered solid section - cubic feet 6 11 9 12 8 10 Cellulose Fibers (thousands): Pulp - air-dry metric tons 539 676 419 588 445 660 Liquid packaging board - tons 60 61 77 75 72 73 Fine Paper (thousands): (2) Paper - tons (4) 444 724 - 672 - 675 Coated groundwood - tons 43 56 - 56 - 59 Paper converting - tons 318 498 - 461 - 485 Containerboard, Packaging and Recycling (thousands): Containerboard - tons (5) 1,515 1,575 1,506 1,533 1,575 1,544 Packaging - MSF 19,007 19,550 19,721 20,290 19,547 19,341 Recycling - tons (6) 1,619 1,716 1,589 1,684 1,838 1,641 Kraft bags and sacks - tons 23 19 23 20 23 18 Total production volumes: (1) (2) Year-to-date Q4 Year-to-date Sept. 30, Sept. 24, Dec. 31, Dec. 31, 2007 2006 2006 2006 Timberlands (thousands): Fee depletion - cunits 6,207 6,255 2,195 8,450 Wood Products (millions): Softwood lumber - board feet 4,283 4,872 1,483 6,355 Plywood - square feet (3/8") 339 723 177 900 Veneer - square feet (3/8") (3) 933 1,404 335 1,739 Composite panels - square feet (3/4") - 666 - 666 Oriented strand board - square feet (3/8") 2,649 3,144 1,022 4,166 Hardwood lumber - board feet 228 247 77 324 Engineered I-Joists - lineal feet 292 387 86 473 Engineered solid section - cubic feet 23 33 8 41 Cellulose Fibers (thousands): Pulp - air-dry metric tons 1,403 1,924 664 2,588 Liquid packaging board - tons 209 209 73 282 Fine Paper (thousands): (2) Paper - tons (4) 444 2,071 725 2,796 Coated groundwood - tons 43 171 59 230 Paper converting - tons 318 1,444 487 1,931 Containerboard, Packaging and Recycling (thousands): Containerboard - tons (5) 4,596 4,652 1,608 6,260 Packaging - MSF 58,275 59,181 20,670 79,851 Recycling - tons (6) 5,046 5,041 1,788 6,829 Kraft bags and sacks - tons 69 57 25 82 (1) The fourth quarter of 2006 includes 14 weeks of operations compared to 13 weeks in all other quarters. (2) First quarter 2007 results include 9 weeks of operations for fine paper and related assets, prior to the distribution of these assets to Weyerhaeuser shareholders. (3) Veneer production represents lathe production and includes volumes that are further processed into plywood and engineered lumber products by company mills. (4) Paper production includes unprocessed rolls and converted paper volumes. (5) Containerboard production represents machine production and includes volumes that are further processed into packaging and kraft bags and sacks by company facilities. (6) Recycling production includes volumes processed in Weyerhaeuser recycling facilities that are consumed by company facilities and brokered volumes. WEYERHAEUSER COMPANY STATISTICAL INFORMATION CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) (in millions) April 1, July 1, Sept. 30, Dec. 31, Assets 2007 2007 2007 2006 Weyerhaeuser Current assets: Cash and cash equivalents $1,172 $208 $72 $223 Receivables, less allowances 1,394 1,508 1,419 1,183 Inventories 1,437 1,308 1,323 1,355 Prepaid expenses 356 378 406 385 Assets held for sale 114 - - 105 Current assets of discontinued operations - - - 870 Total current assets 4,473 3,402 3,220 4,121 Property and equipment 6,850 6,775 6,894 7,061 Construction in progress 467 544 412 395 Timber and timberlands at cost, less fee stumpage charged to disposals 3,705 3,721 3,736 3,681 Investments in and advances to equity affiliates 498 510 497 499 Goodwill 2,158 2,181 2,200 2,185 Deferred pension and other assets 1,378 1,470 1,525 1,368 Restricted assets held by special purpose entities 915 916 915 917 Noncurrent assets of discontinued operations - - - 3,011 20,444 19,519 19,399 23,238 Real Estate and Related Assets Cash and cash equivalents 13 7 8 20 Receivables, less allowances 77 75 72 144 Real estate in process of development and for sale 1,540 1,561 1,587 1,449 Land being processed for development 1,427 1,476 1,528 1,365 Investments in unconsolidated entities, less reserves 81 83 77 72 Other assets 396 383 423 423 Consolidated assets not owned 264 287 277 151 3,798 3,872 3,972 3,624 Total assets $24,242 $23,391 $23,371 $26,862 Liabilities and Shareholders' Interest Weyerhaeuser Current liabilities: Notes payable and commercial paper $163 $92 $92 $72 Current maturities of long-term debt 70 63 262 488 Accounts payable 920 1,010 894 948 Accrued liabilities 1,220 1,145 1,185 1,363 Current liabilities of discontinued operations - - - 258 Total current liabilities 2,373 2,310 2,433 3,129 Long-term debt 6,849 5,980 6,428 7,069 Deferred income taxes 2,897 2,906 2,863 3,011 Deferred pension, other postretirement benefits and other liabilities 1,691 1,775 1,780 1,759 Liabilities (nonrecourse to Weyerhaeuser) held by special purpose entities 763 765 764 765 Noncurrent liabilities of discontinued operations - - - 717 14,573 13,736 14,268 16,450 Real Estate and Related Assets Notes payable and commercial paper 427 412 295 - Long-term debt 605 605 605 606 Other liabilities 565 539 497 606 Consolidated liabilities not owned 232 246 237 115 1,829 1,802 1,634 1,327 Total liabilities 16,402 15,538 15,902 17,777 Shareholders' interest 7,840 7,853 7,469 9,085 Total liabilities and shareholders' interest $24,242 $23,391 $23,371 $26,862 WEYERHAEUSER COMPANY STATISTICAL INFORMATION STATEMENT OF CASH FLOWS SELECTED INFORMATION Q1 Q2 Q3 (unaudited) April 1, March 26, July 1, June 25, Sept. 30, Sept. 24, (in millions) 2007 2006 2007 2006 2007 2006 (Weyerhaeuser only, excludes Real Estate & Related Assets) Net cash from operations $(187) $(210) $271 $566 $157 $102 Cash paid for property and equipment $(114) $(182) $(140) $(184) $(176) $(173) Cash paid for timberlands reforestation $(12) $(12) $(12) $(9) $(8) $(6) Cash received from issuances of debt $- $- $- $- $451 $3 Revolving credit facilities, notes and commercial paper borrowings, net $10 $(68) $22 $19 $148 $195 Payments on debt $(638) $(158) $(918) $(10) $(54) $(58) Proceeds from the sale of operations $1,350 $- $128 $- $7 $187 Repurchases of common stock $- $- $(22) $- $(441) $(332) Year-to- STATEMENT OF CASH FLOWS Year-to-date Q4 date SELECTED INFORMATION (unaudited) Sept. 30, Sept. 24, Dec. 31, Dec. 31, (in millions) 2007 2006 2006 2006 (Weyerhaeuser only, excludes Real Estate & Related Assets) Net cash from operations $241 $458 $1,089 $1,547 Cash paid for property and equipment $(430) $(539) $(273) $(812) Cash paid for timberlands reforestation $(32) $(27) $(10) $(37) Cash received from issuances of debt $451 $3 $1 $4 Revolving credit facilities, notes and commercial paper borrowings, net $180 $146 $(95) $51 Payments on debt $(1,610) $(226) $(5) $(231) Proceeds from the sale of operations $1,485 $187 $86 $273 Repurchases of common stock $(463) $(332) $(340) $(672)

第一次致电分析师:
FCMN联系方式:

照片:http://www.newscom.com/cgi-bin/prnh/20040116/dygo -a.
http://www.newscom.com/cgi-bin/prnh/20040116/dygo -b.
AP存档:http://photoarchive.ap.org/
PRN Photo Desk Photodesk@prnewswire.com

资料来源:Weyerhaeuser公司

联系人:媒体,布鲁斯阿蒙森,+ 1-253-924-3047,或分析师,凯瑟琳
Mcauley,+ 1-253-924-2058,Weyerhaeuser公司都是

网站://www.noirla.com/

最佳
欢迎来到Weyerhaeuser的新网站!

您似乎正在使用较旧的浏览器。使用最新版本的Internet Explorer,Chrome,Safari和Firefox,您可以最好地查看此网站。如果在不升级或切换浏览器的情况下继续,您可能无法遇到最佳导航或页面功能。感谢您对Weyerhaeuser的兴趣,我们希望您喜欢您的访问。

现在更新我的浏览器

×