Our challenge in 2005 ordsprog

Our challenge in 2005 was to sustain the record financial results achieved in 2004. Our employees and facilities responded with another record-setting performance where we were able to increase earnings per share by 38%.

David Sutherland

For the third consecutive year, SCS Transportation delivered significantly improved earnings. Revenue surpassed $1 billion in 2005 and we achieved record results in earnings per share, even excluding a large real estate gain. We further strengthened our financial position, providing flexibility to take advantage of future opportunities. As we enter 2006, we are also encouraged by the strength of our consolidated fourth-quarter trends.

Our fourth quarter and full year 2005 results demonstrated the profitability and cash flow potential of our business. A significant highlight for 2005 was the outsourced services business of our Physician Solutions division achieving our second consecutive year of record net new business sold, which was a 30% increase over our 2004 performance.

Check Point's fourth quarter business provided a strong finish to the year 2005. Our fourth quarter and annual 2005 financial results reached record levels across earnings per share, revenues, deferred revenues, and cash balances. Commodore 64 är datorn som lockar till demoprogrammering. Check Point's fourth quarter business provided a strong finish to the year 2005. Our fourth quarter and annual 2005 financial results reached record levels across earnings per share, revenues, deferred revenues, and cash balances.

Thanks to the exceptional efforts of our employees, net sales, earnings and all key metrics for the year exceeded our original goals and surpassed the extraordinary results of the prior fiscal year. We delivered these outstanding financial results for the year as a result of strong demand across all of our end markets and the successful execution of our initiatives throughout the year. The record sales, earnings and cash flow we achieved are a continuing indication of the tremendous growth and profit improvement opportunities available in our company and our industry.

Air Canada achieved two record-breaking performances in January. Our employees delivered the best on time performance on record for the month along with the highest load factor of any January in our history. The airline's overall performance remained strong, particularly in North America with Air Canada and Air Canada Jazz together reporting a 7.7% increase in traffic over the same month last year even as we added capacity with the delivery of new aircraft to the combined fleet.

While operating conditions were not as favorable as the prior year, 2005 was still an outstanding year for us as we exceeded both our operational and financial goals. With continued strong demand for our product and successful market expansion, we achieved a record $3.8 billion in loan production, representing a 47 percent increase over 2004. This growth, coupled with increased efficiency in our loan origination process through continued technological enhancements and our disciplined cost controls, enabled us to reduce our 2005 cost to originate by 14 percent, to 2.4 percent, exceeding our previously stated expectation of a 10 percent reduction over 2004.

Export volumes continue to boost car production in the UK. Eight in every ten cars made in the UK in November is destined for export markets and we expect the 2005 total to reach record volumes and market share. Overall car output in 2005 should hit 1.6 million units, a little down on 2004 but still a strong performance.

Christopher Macgowan

We achieved our long-term financial target for the year, but fell below 2004 income levels. Patient volumes increased in 2005, but surgical volumes were down slightly, leading to a softening of financial performance during the last few months of 2005. Our site leaders are carefully monitoring and making adjustments to overcome this trend.

We are pleased with our results in a challenging 2005, even though the 4% improvement in diluted earnings per share from operations was below our goal to increase those earnings 10% to 15% per year over time.

It was record assets under management, record sales, record earnings per share.

EarthLink, once again, achieved strong financial results with one of our most profitable quarters on record.

We had record results in 2004 and we're off to a good start in 2005, ... With regard to any regulatory issues, I would like to get these behind us and soon as possible and move forward.

Martin Sullivan

We expect our results for the remainder of the year to be in line with the earnings per share range that Wall Street is carrying for the second half of the year, representing another record year of double-digit sales and earnings per share growth,

While the MCV return equals the second-best ever monthly result for this segment achieved in May 2005, it was only 40 units below the outright record of 1 216 units set in June, and sustains the tremendous growth spurt being exhibited by this vehicle classification. In their own right, the HCV and EHCV segment results both set new records for these categories since NAAMSA redefined its truck market segmentation parameters at the beginning of 2004.

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