VC » Topics » Selling, administrative and other expenses

This excerpt taken from the VC 10-K filed Mar 16, 2005.
Selling, administrative and other expenses for 2002 were $893 million, compared with $855 million in 2001. The increase of $38 million reflects primarily higher selling expenses (up $26 million). Special charges were lower in 2002, totaling $23 million in 2002 and $42 million in 2001.

     

This excerpt taken from the VC 10-Q filed Mar 16, 2005.
Selling, administrative and other expenses for the first half of 2004 were $503 million, $19 million higher than the first half of 2003. The increase reflects primarily incremental IT actions of $18 million as well as currency translation of $16 million offset partially by efficiencies and the non-recurrence of special charges. Special charges included in this line item were $5 million for 2003.

     

This excerpt taken from the VC 10-Q filed Mar 16, 2005.
Selling, administrative and other expenses for the first quarter of 2004 were $265 million, $21 million higher compared with the first quarter of 2003. The increase reflects primarily incremental Information Technology (“IT”) actions of $22 million. Costs associated with such incremental IT actions are expected to continue into mid-2004. Special charges included in this line item were $5 million for 2003.

     

This excerpt taken from the VC 10-Q filed Mar 16, 2005.
Selling, administrative and other expenses for the first nine months of 2004 were $728 million, $20 million lower compared with the first nine months of 2003. The decrease reflects efficiencies and spending controls, and reduced IT incremental infrastructure costs of $16 million offset partially by currency fluctuations of $23 million. Special charges included in this line item were $6 million for 2003.

     

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