(FORTUNE Magazine) – Biggest

Driven by volatile prices, the oil industry gushed profits.

HIGHEST PROFITS 2002 PROFITS

RANK GLOBAL 500 RANK $ million

1 CITIGROUP 13 15,276.0 2 GENERAL ELECTRIC 9 14,118.0 3 EXXON MOBIL 3 11,460.0 4 ALTRIA GROUP 30 11,102.0 5 ROYAL DUTCH/SHELL GROUP 4 9,419.0 6 BANK OF AMERICA CORP. 64 9,249.0 7 PFIZER 106 9,126.0 8 WAL-MART STORES 1 8,039.0 9 MICROSOFT 137 7,829.0 10 TOYOTA MOTOR 8 7,752.7 11 MERCK 50 7,149.5 12 BP 5 6,845.0 13 JOHNSON & JOHNSON 101 6,597.0 14 HSBC HOLDINGS 89 6,239.0 15 GLAXOSMITHKLINE 119 5,912.9 16 FREDDIE MAC 90 5,764.0 17 SBC COMMUNICATIONS 76 5,653.0 18 SAMSUNG ELECTRONICS 59 5,636.4 19 TOTAL 14 5,616.8 20 AMERICAN INTL. GROUP 25 5,518.9 GLOBAL 500 MEDIAN 421.6

BIGGEST LOSSES 2002 LOSS

RANK GLOBAL 500 RANK $ million

1 AOL TIME WARNER 80 98,696.0* 2 QWEST COMMUNICATIONS 318 35,913.0* 3 DEUTSCHE TELEKOM 55 23,245.4* 4 VIVENDI UNIVERSAL 42 22,029.6* 5 FRANCE TELECOM 71 19,604.5* 6 MIZUHO FINANCIAL GROUP 142 19,509.0* 7 VODAFONE 60 15,189.0* 8 AT&T 61 13,082.2 9 LUCENT TECHNOLOGIES 368 11,753.0* 10 TYCO INTERNATIONAL 91 9,411.7 11 ROYAL KPN 428 9,021.3* 12 RESONA HOLDINGS 489 6,874.3* 13 NEWS CORP. 326 6,259.9* 14 TELEFONICA 152 5,272.5 15 UFJ HOLDINGS 215 4,997.3* 16 ALCATEL 311 4,486.1* 17 TXU 352 4,210.0 18 SUMITOMO MITSUI FINAN. GROUP 131 3,819.1* 19 FIAT 46 3,732.6* 20 NORTEL NETWORKS 470 3,585.0* GLOBAL 500 MEDIAN 821.8

*Also lost money in 2001.

Fastest

In a year when profits were hard to find, these companies stood out.

INCREASE IN REVENUES % change from RANK GLOBAL 500 RANK 2001

1 AMERISOURCEBERGEN 67 179.4 2 CONOCOPHILLIPS 36 141.4 3 TYSON FOODS 180 117.3 4 VALERO ENERGY 150 80.0 5 ARCELOR 183 78.3 6 CENDANT 349 59.1 7 CHINA LIFE INSURANCE 290 56.5 8 VATTENFALL 486 55.8 9 FIRSTENERGY 415 53.1 10 VODAFONE 60 43.6 11 KOOKMIN BANK 330 42.8 12 SUN LIFE FINANCIAL SERVICES 323 41.0 13 WELLPOINT HEALTH NETWORKS 272 39.5 14 TOKYU 447 34.4 15 EDEKA ZENTRALE 465 33.9 16 JAPAN AIRLINES SYSTEM 277 32.9 17 ROYAL DUTCH/SHELL GROUP 4 32.7 18 SAMSUNG ELECTRONICS 59 32.4 19 NORTHROP GRUMMAN 260 31.6 20 EXPRESS SCRIPTS 414 31.4 GLOBAL 500 MEDIAN 3.1

INCREASE IN PROFITS* % change from RANK GLOBAL 500 RANK 2001

1 ALCAN 402 7,380.0 2 LVMH 422 5,770.1 3 VERIZON COMMUNICATIONS 24 948.6 4 GROUPE DANONE 396 926.2 5 EASTMAN KODAK 394 913.2 6 FLUOR 498 743.4 7 SONY 32 674.3 8 BERKSHIRE HATHAWAY 78 439.1 9 DAI-ICHI MUTUAL LIFE 77 430.8 10 BCE 390 366.7 11 MUNICH RE 49 356.5 12 KDDI 184 353.5 13 MERRILL LYNCH 140 338.6 14 TYSON FOODS 180 336.2 15 GAZ DE FRANCE 364 328.0 16 J.C. PENNEY 117 313.3 17 RAG 411 302.5 18 AGRICULTURAL BANK OF CHINA 488 287.9 19 MEIJI LIFE 161 259.8 20 TOYS "R" US 449 241.8 GLOBAL 500 MEDIAN 9.1

*Excludes companies that lost money in 2001.

Leanest

Unique and essential products--like drugs--reaped high margins.

RETURN ON REVENUES 2002 PROFITS as % of RANK GLOBAL 500 RANK revenues

1 WYETH 340 30.5 2 YUKOS 461 28.0 3 MICROSOFT 137 27.6 4 PFIZER 106 25.9 5 GAZ DE FRANCE 364 24.8 6 ELI LILLY 456 24.4 7 NOVARTIS 214 22.6 8 U.S. BANCORP 320 21.3 9 WASHINGTON MUTUAL 246 20.5 10 BANK OF AMERICA CORP. 64 20.2 11 GAZPROM 235 19.8 12 SCHERING-PLOUGH 499 19.4 13 WELLS FARGO 134 19.1 14 CHINA MOBILE 230 18.7 15 GLAXOSMITHKLINE 119 18.6 16 PETRONAS 204 18.5 17 JOHNSON & JOHNSON 101 18.2 18 ALTRIA GROUP 30 17.9 19 DIAGEO 385 17.6 20 TELSTRA 462 17.6 GLOBAL 500 MEDIAN 2.0

RETURN ON ASSETS 2002 PROFITS as % of RANK GLOBAL 500 RANK assets

1 YUKOS 461 21.2 2 PFIZER 106 19.7 3 WYETH 340 17.1 4 GLAXOSMITHKLINE 119 16.5 5 JOHNSON & JOHNSON 101 16.3 6 MERCK 50 15.0 7 TJX 425 14.7 8 ELI LILLY 456 14.2 9 PEPSICO 166 14.1 10 SCHERING-PLOUGH 499 14.0 11 DELL COMPUTER 105 13.7 12 ANHEUSER-BUSCH 369 13.7 13 PUBLIX 299 13.2 14 ASTRAZENECA 253 13.1 15 NOKIA 136 13.1 16 3M 291 12.9 17 ALTRIA GROUP 30 12.7 18 COCA-COLA 234 12.4 19 HOME DEPOT 37 12.2 20 UNITED PARCEL SERVICE 120 12.1 GLOBAL 500 MEDIAN 1.0