The Gap Inc. (NYSE: GPS)

2 Folsom St.
San Francisco, CA 94105 (Map)
Phone: 650-952-4400
Fax: 415-427-2553
Toll Free: 800-333-7899
http://www.gap.com

Annual Income Statement

All amounts in millions of
except per share amounts.
View: Annual | Quarterly Jan 09 Jan 08 Jan 07
Revenue 9,988.1 7,920.9 8,121.4
Cost of Goods Sold 6,242.7 5,060.7 5,243.8
Gross Profit 3,745.4 2,860.2 2,877.6
Gross Profit Margin 37.5% 36.1% 35.4%
SG&A Expense -- 2,199.4 2,279.6
Depreciation & Amortization 390.6 274.9 270.0
Operating Income 1,089.8 719.6 664.8
Operating Margin 10.9% 9.1% 8.2%
Nonoperating Income 0.0 0.0 0.0
Nonoperating Expenses 24.8 -- --
Income Before Taxes 1,089.2 706.5 643.9
Income Taxes 424.2 270.8 247.6
Net Income After Taxes 664.9 435.7 396.3

Continuing Operations 664.9 435.7 396.3
Discontinued Operations 0.0 (17.1) --
Total Operations 664.9 418.6 396.3
Total Net Income 664.9 418.6 396.3
Net Profit Margin 6.7% 5.3% 4.9%

Diluted EPS from Total Net Income (£) 0.92 0.53 0.47
Dividends per Share 0.23 0.16 0.16

Data Definitions

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