Exhibit 99.15
(Text of graph posted to Ashland Inc.'s website concerning
operating segment trade working capital)
Operating Segment Trade Working Capital % of Annualized Sales * | ||||||
Monthly Actual (%) | ||||||
2006 | 2007 | 2008 | ||||
January | 16.2 | 16.2 | ||||
February | 16.8 | 15.9 | ||||
March | 15.3 | 14.3 | ||||
April | 15.9 | 14.4 | ||||
May | 15.5 | 13.9 | ||||
June | 15.3 | |||||
July | 16.0 | |||||
August | 15.3 | |||||
September | 15.3 | |||||
October | 13.6 | 15.2 | ||||
November | 14.6 | 15.8 | ||||
December | 15.5 | 16.6 | ||||
* NOTE: Selected Working Capital Components - May 31, 2008 | ||||||
Unaudited Data | ||||||
($ in millions) | Operating Segments(a) | Other Components | Total | |||
Accounts receivable (b) | 1,442 | 46 | 1,488 | |||
Inventories (c) | 708 | (176) | 532 | |||
(Less) Trade and other payables | (967) | (209) | (1,176) | |||
Net | 1,183 | (339) | 844 | |||
(a) Represents amounts considered in 2008 internal perfomance metrics applicable to most employees. | ||||||
(b) Accounts receivable is shown net of allowances for doubtful accounts. | ||||||
(c) Operating segment amount excludes LIFO reserve, which is presented under Other Components. |