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Torrington Financial Summary and Projections, 1999-2007 ($ millions) Net sales Operating income 1999 $1,239.5 $145.7 2000 2001 $1,161.0 $1,004.3 $172.6 $78.0 2002 2003E 2004E


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Torrington Financial Summary and Projections, 1999-2007 ($ millions) Net sales Operating income 1999 $1,239.5 $145.7 2000 2001 $1,161.0 $1,004.3 $172.6 $78.0 2002 2003E 2004E $1,204 $1,282.0 $1,365.3 $85.2 $90.7 2005E 2006E 2007E $1,454.1 $1,548.6 $1,649.2 $96.6 $102.9 $109.5 $116.7 Sales Growth -6.3% -13.5% 19.9% 6.5% 6.5% 6.5% 6.5% 6.5% Operating Margin 11.8% 14.9% 7.8% 7.1% 7.1% 7.1% 7.1% 7.1% 7.1% Capital Expenditures $6.0 $25.3 $25.3 $26.9 $28.6 $30.5 Depreciation Expense $20.7 $21.8 $23.2 $25.6 $28.8 $32.9

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