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THE TJX COMPANIES, INC. Consolidated Statements of Income Fiscal Year Ended ($ thousands) January 28, 2006 U.S. federal statutory income tax rate 35.0% Effective state

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THE TJX COMPANIES, INC. Consolidated Statements of Income Fiscal Year Ended ($ thousands) January 28, 2006 U.S. federal statutory income tax rate 35.0% Effective state income tax rate 3.9% Impact of foreign operation 0.5% -7.8% All other Worldwide effective income tax rate 31.6% Compute TJX's NOPAT for 2006 using its income tax footnote disclosure. (The Federal and State tax rate for 2006 as reported by TJX's tax footnote is: 38.9%). Round to the nearest whole number. 2006 NOPAT = $

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