Weyerhaeuser Company · NYSE:WY
Weyerhaeuser — Q4 2005 Earnings Presentation
8 slides from Weyerhaeuser's earnings presentation, Feb 3, 2006
Slide 1: Earnings Release 4th Quarter 2005
Earnings Release 4th Quarter — 2005 Weyerhaeuser Company February 3, 2005 DTP/3065 2005 Q4.ppt • 2/03/06 • 1
Slide 2: Forward-looking Statement
Forward-looking Statement z This presentation contains statements concerning the company’s future results and performance that are forward- looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Some of these forward- looking statements can be identified by th
Slide 3: Statements Relating to Non-GAAP Financial Measures
Statements Relating to Non-GAAP Financial Measures z During the course of this presentation, certain non-U.S. GAAP financial information will be presented. A reconciliation of those numbers to U.S. GAAP financial measures is included in this presentation which is available on the company’s website a
Slide 4: 2004 and 2005 Earnings Summary
2004 and 2005 Earnings Summary $ in Millions except EPS 2004 2005 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Operating Earnings before Special Items Timberlands $ 159 $ 201 $ 174 $ 217 $ 203 $ 210 $ 191 $ 186 Wood Products 185 464 320 36 132 222 130 117 Cellulose Fibers and White Papers (22) 14 80 35 19 16 20 (50) Con
Slide 5: Diluted EPS Before Special Items
Diluted EPS Before Special Items A reconciliation to GAAP EPS is available at www.weyerhaeuser.com $2.00 $1.75 $1.67 $1.62 $1.50 $1.34 $1.25 $1.07 $1.03 $1.00 $0.93 $0.94 $0.75 $0.62 $0.50 $0.25 $0.00 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 2004 2005 DTP/3065 2005 Q4.ppt • 2/03/06 • 5
Slide 6: Earnings per Share Reconciliation
Earnings per Share Reconciliation 2004 2005 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Diluted EPS before Special Items $ 0.62 $ 1.67 $ 1.62 $ 1.07 $ 1.03 $ 1.34 $ 0.93 $ 0.94 Integration and Restructuring (0.04) Charges for Closure of Facilities (0.03) (0.02) (0.08) (1.78) Gain on Sale of Assets 0.10 0.74 0.10 0.45 0
Slide 7: Earnings per Share Comparison 2005 Q3 vs. 2005 Q4
Earnings per Share Comparison 2005 Q3 vs. 2005 Q4 $ per Share Before Special Items* $1.50 0.28 $1.25 0.06 $1.00 0.93 0.05 0.94 (0.01) (0.37) $0.75 $0.50 $0.25 $0.00 2005 Q3 Price Volume Volume Raw Mats & Other 2005 Q4 Before Special (FP) WRECO Manufact. Before Special Items Items *A reconciliation b
Slide 8: 2005 Facility Change Announcements
2005 Facility Change Announcements Wood Products Containerboard Packaging and Recycling z Closed z Closed • 2 hardwood mills • Plymouth, NC, containerboard machine – • 1 large-log sawmill 350,000 annual tons • 1 veneer and plywood facility • 4 corrugated packaging plants • 1 I-Joist beam plant • 2 c