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With a focus on leadership and value, today's Alcan is a dynamic, multicultural organization touching the lives of people around the globe in many different ways. As a supplier of raw materials — bauxite, alumina and aluminum — and a producer of finished products — engineered and packaging — Alcan is a global leader, with strong positions in the Americas, Europe and Asia. Alcan is also a leading advocate for sustainability in business as the key to value creation and growth.

Each of Alcan’s four business groups ― Bauxite and Alumina, Primary Metal, Engineered Products and Packaging ― continues to build an exciting future around the world.

AIMS, the Alcan Integrated Management System, guides our efforts to generate maximum value and long-term growth, while our commitment to sustainability ensures we take into account the needs of all stakeholders. A focus on developing strong leaders and on empowering employees yields innovative solutions and services that meet and exceed our customers’ evolving needs.

With its head office in Montreal, Canada, Alcan is a public company traded on the Toronto, New York, London, Paris and Swiss stock exchanges with 2006 revenues of $23.6 billion. Alcan has over 400 facilities, offices and R&D centres in 61 countries and regions with some 68,000 employees and was selected as a Super-Sector Leader on the Dow Jones Sustainability World Index.

Financial Snapshot

2005
2006
US$M
Sales and operating income
20,320
23,641
Net income
129
1,786
Total assets
26,638
28,939
Cash from operating activities in continuing operations
1,535
3,040
Cash used for capital expenditures and business acquisitions
1,854
2,282
Free cash flow
(433)
690
US$ per common share
Net income (basic)
0.33
4.75
Dividends
0.60
0.70
Price on NYSE (at year-end)
40.95
48.74
Kt
Ingot products shipments
3,070
3,018
Aluminum used in engineered products and packaging
1,269
1,315
Total aluminum volume (including joint ventures)
4,339
4,333

Long-Term Financial Targets

Operating EPS growth15% / year
Cash from operationsMinimum $2 billion from 2006
Return on capital employedCover cost of capital by 2008
Debt to capital employed35%

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