A stunning 104 of the Global 500 companies lost money in 2008.
| Company |
Global 500
rank |
Loss ($ millions) |
| Fannie Mae | 405 | 58,707* | | Royal Bank of Scotland | 38 | 43,167 | | General Motors | 18 | 30,860* | | Citigroup | 39 | 27,684 | | UBS | 119 | 19,301* | | ConocoPhillips | 7 | 16,998 | | Ford Motor | 19 | 14,672* | | HBOS | 107 | 13,751 | | Time Warner | 159 | 13,402 | | Pemex | 31 | 10,056* | | Delta Air Lines | 403 | 8,922 | | Hypo Real Estate Holding | 430 | 7,993 | | Hitachi | 52 | 7,837* | | Alcatel-Lucent | 360 | 7,633* | | Credit Suisse | 164 | 7,594 | | Bayerische Landesbank | 315 | 7,441 | | LyondellBasell Industries | 147 | 7,321 | | Flextronics International | 275 | 6,086* | | Mizuho Financial Group | 228 | 5,861 | | Deutsche Bank | 70 | 5,613 | | UAL | 459 | 5,348 | | Dexia Group | 16 | 4,868 | | Macy's | 358 | 4,803 | | Coca-Cola Enterprises | 422 | 4,394 | | Toyota Motor | 10 | 4,349 | | Motorola | 282 | 4,244* | | KFW Bankengruppe | 192 | 3,889* | | CPC | 306 | 3,824 | | Panasonic | 79 | 3,772 | | Sumitomo Mitsui Financial Group | 225 | 3,717 | | KBC Group | 251 | 3,636 | | Allianz | 20 | 3,577 | | Toshiba | 97 | 3,420 | | TIAA-CREF | 296 | 3,345 | | Landesbank Baden-Württemberg | 162 | 2,973 | | NEC | 182 | 2,953 | | Groupe Caisse d'Épargne | 110 | 2,949 | | Rite Aid | 337 | 2,915* | | Supervalu | 169 | 2,855 | | U.S. Postal Service | 84 | 2,806* | | Sprint Nextel | 219 | 2,796* | | Korea Electric Power | 305 | 2,689 | | Mitsubishi UFJ Financial Group | 128 | 2,558 | | Nippon Oil | 101 | 2,505 | | Deutsche Post | 54 | 2,471 | | Nissan Motor | 67 | 2,326 | | Eli Lilly | 455 | 2,072 | | AMR | 381 | 2,071 | | DZ Bank | 245 | 1,771 | | CFE | 370 | 1,750* | | Allstate | 295 | 1,679 | | Aviva | 221 | 1,678 | | Continental | 222 | 1,644 | | Akzo Nobel | 406 | 1,590 | | Constellation Energy | 465 | 1,314 | | International Paper | 361 | 1,282 | | Northrop Grumman | 239 | 1,262 | | Sharp | 309 | 1,252 | | Grupo Ferrovial | 447 | 1,227 | | Air France-KLM Group | 240 | 1,149 | | Valero Energy | 33 | 1,131 | | Arcandor | 285 | 1,120 | | Fujitsu | 161 | 1,119 | | Prudential Financial | 298 | 1,073 | | ING Group | 8 | 1,067 | | PKN Orlen Group | 249 | 1,041 | | Sony | 81 | 985 | | New York Life Insurance | 269 | 950 | | Massachusetts Mutual Life Insurance | 493 | 924 | | Cosmo Oil | 293 | 920 | | T&D Holdings | 349 | 887 | | Tokyo Electric Power | 124 | 841* | | Denso | 271 | 837 | | Swiss Reinsurance | 398 | 798 | | Aluminum Corp. of China | 499 | 744 | | Mazda Motor | 352 | 712 | | Mitsubishi Chemical Holdings | 302 | 669 | | Japan Airlines | 474 | 629 | | Mitsubishi Motors | 470 | 546 | | State Farm Insurance Cos. | 111 | 542 | | China Huaneng Group | 425 | 513 | | Peugeot | 75 | 502 | | Petroplus Holdings | 316 | 495 | | Nippon Mining Holdings | 203 | 406 | | Ingram Micro | 235 | 395 | | Nationwide | 463 | 342 | | Kobe Steel | 429 | 313 | | Royal Philips Electronics | 195 | 272 | | Centrica | 193 | 266 | | Onex | 353 | 265 | | Cie Nationale à Portefeuille | 404 | 255 | | Aisin Seiki | 417 | 250 | | Chubu Electric Power | 356 | 189 | | TUI | 214 | 178 | | Showa Shell Sekiyu | 266 | 157 | | Foncière Euris | 176 | 152 | | BT | 210 | 140 | | Kansai Electric Power | 324 | 88 | | Goodyear Tire & Rubber | 472 | 77 | | Alcoa | 314 | 74 | | Kajima | 478 | 63 | | Cathay Life Insurance | 291 | 63 | | China Telecommunications | 263 | 51 | | AEON | 140 | 27 |
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From the July 20, 2009 issue
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