September 30, 2003 - SELECTED FINANCIAL DATA RELATING TO WAL-MART STORES, INC. - 8-K: Current report filing

Exhibit 99(a)

SELECTED FINANCIAL DATA

The following table presents selected financial data of Wal-Mart and its subsidiaries for the periods specified.

	Fiscal Years Ended January 31,											Six Months Ended July 31,
	1999		2000			2001		2002		2003		2002		2003
	(in millions)
Income Statement Data:
Net sales	$	130,522	$	156,249		$	180,787	$	204,011	$	229,616	$	107,975	$	119,354
Non-interest expense		124,268		147,850			171,542		194,244		218,282		102,766		113,576
Net interest expense		598		840			1,196		1,183		927		477		425
Total expense		124,866		148,690			172,738		195,427		219,209		103,243		114,001
Income from continuing operations before income taxes, minority interest, equity in unconsolidated subsidiaries and cumulative effect of accounting change		7,020		9,110			9,783		10,396		12,368		5,664		6,454
Income from discontinued operations, net of tax		157		(70	)		148		144		137		64		193
Net income		4,397		5,324			6,235		6,592		7,955		3,650		4,305

	As of January 31,										As of July 31,
	1999		2000		2001		2002		2003		2002		2003
	(in millions)
Balance Sheet Data:
Cash and cash equivalents	$	1,837	$	1,792	$	1,977	$	2,138	$	2,736	$	2,263	$	4,472
Inventories		16,383		19,296		20,987		22,053		24,329		23,554		25,684
Total current assets of discontinued operations		1,047		878		1,211		1,263		1,180		1,442
Total current assets		21,132		24,356		26,555		27,878		30,483		29,428		32,153
Net property, plant and equipment		23,301		32,403		37,145		42,053		48,170		44,886		51,305
Net property under capital leases, net goodwill and other acquired intangible assets, and other assets and deferred charges		5,148		13,102		13,742		12,881		15,303		13,704		15,328
Other assets of discontinued operations		415		488		688		715		729		740
Total assets		49,996		70,349		78,130		83,527		94,685		88,758		98,786
Accounts payable		9,768		13,090		14,846		15,362		17,080		16,530		17,484
Commercial paper				3,323		2,286		743		1,079		1,453		1,600
Long-term debt due within one year		901		1,964		4,234		2,257		4,538		3,031		3,623
Obligations under capital leases due within one year		106		121		141		148		176		155		177
Current liabilities of discontinued operations		606		276		581		484		292		679
Total current liabilities		16,762		25,803		28,949		27,282		32,617		30,031		32,833
Long-term debt		6,885		13,652		12,488		15,674		16,596		16,189		17,227
Long-term obligations under capital leases		2,697		2,999		3,152		3,044		2,999		2,877		2,980
Total long-term liabilities of discontinued operations		25		23		15		14		13		14
Total liabilities		28,855		44,471		46,723		48,335		55,224		51,682		56,192
Total shareholders equity		21,141		25,878		31,407		35,192		39,461		37,076		42,594
Total liabilities and shareholders equity		49,996		70,349		78,130		83,527		94,685		88,758		98,786

Form: 8-K

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