EXHIBIT 99.4
MATTEL, INC. AND SUBSIDIARIES
FIVE-YEAR FINANCIAL SUMMARY
For the Year Ended December 31, (a)(b)(c)
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2001 2000 1999 1998 1997
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(In thousands, except per share and percentage
information)
Operating Results:
Net sales(c) ........... $4,687,924 $4,565,489 $4,502,769 $4,579,494 $4,646,375
Gross profit(c)......... 2,148,934 1,993,242 2,067,240 2,154,502 2,224,090
% of net sales(c)..... 45.8% 43.7% 45.9% 47.0% 47.9%
Operating profit (d).... 585,142 378,403 301,773 570,279 515,212
% of net sales(c)..... 12.5% 8.3% 6.7% 12.5% 11.1%
Income from continuing
operations before
income taxes,
cumulative effect of
change in accounting
principles and
extraordinary item..... 430,010 225,424 170,164 459,446 425,082
Provision for income
taxes.................. 119,090 55,247 61,777 131,193 135,288
Income from continuing
operations before
cumulative effect of
change in accounting
principles and
extraordinary item..... 310,920 170,177 108,387 328,253 289,794
Loss from discontinued
operations (a)......... -- (601,146) (190,760) (122,200) (467,905)
Cumulative effect of
change in accounting
principles............. (12,001) -- -- -- --
Extraordinary item-loss
on early retirement of
debt................... -- -- -- -- (4,610)
Net income (loss)....... 298,919 (430,969) (82,373) 206,053 (182,721)
Income (Loss) Per Common
Share (e):
Income (loss) per common
share--Basic
Income from continuing
operations........... 0.72 0.40 0.25 0.82 0.76
Loss from discontinued
operations (a)....... -- (1.41) (0.46) (0.31) (1.27)
Cumulative effect of
change in accounting
principles........... (0.03) -- -- -- --
Extraordinary item.... -- -- -- -- (0.01)
Net income (loss)..... 0.69 (1.01) (0.21) 0.51 (0.52)
Income (loss) per common
share--Diluted
Income from continuing
operations........... 0.71 0.40 0.25 0.76 0.74
Loss from discontinued
operations (a)....... -- (1.41) (0.45) (0.29) (1.24)
Cumulative effect of
change in accounting
principles........... (0.03) -- -- -- --
Extraordinary item.... -- -- -- -- (0.01)
Net income (loss)..... 0.68 (1.01) (0.20) 0.47 (0.51)
Dividends Declared Per
Common Share (e)....... 0.05 0.27 0.35 0.31 0.27
As of Year End (a)(b)
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2001 2000 1999 1998 1997
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(In thousands)
Financial Position:
Total assets............ $4,540,561 $4,313,397 $4,673,964 $4,612,770 $3,915,059
Long-term liabilities... 1,205,122 1,407,892 1,145,856 1,124,756 808,297
Stockholders' equity.... 1,738,458 1,403,098 1,962,687 2,170,803 1,933,338
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(a) Financial data for 1997 through 1999 reflect the retroactive effect of the
merger, accounted for as a pooling of interests, with The Learning Company,
Inc. ("Learning Company") in May 1999. As more fully described in Note 13 to
the Consolidated Financial Statements, the Consumer Software segment, which
was comprised primarily of Learning Company, was reported as a discontinued
operation effective March 31, 2000, and the consolidated financial
statements were reclassified to segregate the net investment in, and the
liabilities and operating results of the Consumer Software segment.
(b) Consolidated financial information for 1997 has been restated retroactively
for the effects of the March 1997 merger with Tyco Toys, Inc. ("Tyco"),
accounted for as a pooling of interests.
(c) In first quarter 2002, Mattel implemented Emerging Issues Task Force Issue
No. 01-09, Accounting for Consideration Given by a Vendor to a Customer. Net
sales, gross profit and advertising and promotion expenses have been
restated to reflect the reclassification of sales incentives or certain
consideration offered by Mattel to its vendors as a result of implementing
this Issue.
(d) Represents income from continuing operations before interest expense and
provision for income taxes.
(e) Per share data reflect the retroactive effect of the mergers with Learning
Company and Tyco in 1999 and 1997, respectively.