{\rtf1\deflang1033\deflangfe1033\margl720\margr720\margt360\margb360{\stylesheet{\fs20\lang1033\snext0 Normal;} {\s1\sb240\keepn{\*\pn \pnlvl1\pndec\pnprev1\pnstart1\pnsp144}\b\f0\fs30\lang1033 \sbasedon0\snext0 heading 1;} {\s2\sb200\keepn{\*\pn \pnlvl2\pndec\pnprev1\pnstart1\pnsp144{\pntxtb.}}\b\f0\fs26\lang1033 \sbasedon0\snext0 heading 2;} {\s3\sb180\keepn{\*\pn \pnlvl3\pndec\pnprev1\pnstart1\pnsp144{\pntxtb.}}\b\f0\fs22\lang1033 \sbasedon0\snext0 heading 3;} {\s4\sb160\keepn{\*\pn \pnlvl4\pnucltr\pnprev1\pnstart1\pnsp144{\pntxtb.}}\b\f0\fs22\lang1033 \sbasedon0\snext0 heading 4;} {\s5\sb140\keepn{\*\pn \pnlvl5\pncltr\pnprev1\pnstart1\pnsp144}\b\f0\fs20\lang1033 \sbasedon0\snext0 heading 5;} {\s6\tqc\lang1033\sbasedon0\snext6 footer;} {\*\cs16 \additive\super\sbasedon10 footnote reference;} {\*\cs18 \additive\sbasedon10 page number;}} {\fonttbl{\f0\fnil Times New Roman;}{\f1\fnil Courier New}{\f2005\fnil Courier New;}{\f2010\fnil Wingdings;}{\f2020\fnil Webdings;}{\f2\fnil Arial;}{\f3\fnil Arial;}{\f4\fnil LucidaHandwriting;}{\f5\fnil Symbol;}{\f6\fnil Symbol;}{\f7\fnil Ferdsch;}{\f30\fnil Myriad Cn Semibold;}{\f31\fnil Myriad Roman;}{\f50\fnil Courier New;}{\f51\fnil Times New Roman;}{\f52\fnil Arial;}{\f53\fnil Symbol;}{\f54\fnil Wingdings;}{\f55\fnil Wingdings 2;}{\f56\fnil Wingdings 3;}{\f57\fnil Webdings;}{\f58\fnil Arial Narrow;}{\f59\fnil Arial Unicode MS;}{\f60\fnil Cyberbit;}{\f61\fnil Morningstar 1U Light;}{\f62\fnil Calibri;}} {\colortbl;\red0\green0\blue0;\red127\green0\blue0;\red0\green0\blue255;\red127\green127\blue127;\red0\green51\blue153;\red255\green204\blue0;\red255\green255\blue255;\red246\green244\blue236;\red0\green0\blue0;} {\*\bkmkstart filing_1}{\*\bkmkend filing_1}{\*\bkmkstart doc_1_1}{\*\bkmkend doc_1_1} \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql SECURITIES AND EXCHANGE COMMISSION \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Washington, D.C. 20549 \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql ________________________ \par\pard\plain\fs16 \par\pard\plain\fs16 \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql FORM 8-K \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql CURRENT REPORT \par\pard\plain\fs16 \par\pard\plain\fs16 \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Pursuant to Section 13 or 15 (d) of the \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Securities Exchange Act of 1934 \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Date of Report (Date of earliest event reported) \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql July 31, 2001 \par\pard\plain\fs16 \par\pard\plain\fs16 \par\pard\plain\fs16 \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql FMC TECHNOLOGIES, INC. \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql ------------------------------------------------------------------------- \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql (Exact name of registrant as specified in its charter) \par\pard\plain\fs16 \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Delaware 1-16489 36-4412642 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql ---------------------------- ------- ---------- \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql (State or other jurisdiction (Commission (I.R.S. Employer \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql of incorporation) File Number) Identification No.) \par\pard\plain\fs16 \par\pard\plain\fs16 \par\pard\plain\fs16 \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql 200 East Randolph Drive, Chicago, Illinois 60601 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql ---------------------------------------------------- \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql (Address of principal executive offices) (Zip Code) \par\pard\plain\fs16 \par\pard\plain\fs16 \par\pard\plain\fs16 \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql (312) 861-6000 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql --------------------------------------------------------------------------- \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Registrant's telephone number, \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql including area code \par\pard\plain\fs16 \page \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql PAGE 2 \par\pard\plain\fs16 \par\pard\plain\fs16{\*\bkmkstart part_1_2_1}{\*\bkmkend part_1_2_1}{\*\bkmkstart item_1_45_1}{\*\bkmkend item_1_45_1}\pard\plain\cf1\f50\fs16\ql Item 9. Regulation FD Disclosure \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql On July 31, 2001, FMC Technologies, Inc. issued the following release: \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql FMC Technologies Reports Second Quarter 2001 Results \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql ---------------------------------------------------- \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql CHICAGO and HOUSTON, July 31, 200--FMC Technologies, Inc. (NYSE: FTI) today \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql reported second quarter 2001 net income per share from continuing operations of \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql $0.22 on a diluted basis, before a one-time item, on sales of $478.1 million. \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql The one-time item is a $4.2 million tax provision related to the reorganization \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql of the Company's worldwide entities in anticipation of their separation from FMC \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Corporation. \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql "The second quarter was an extremely important one for FMC Technologies as we \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql successfully completed our initial public offering (IPO) and continued to \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql experience strong inbound activity, with a 37 percent increase in orders from \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql the same period in 2000. The IPO for approximately 17 percent of our common \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql stock completed a significant step in the separation of FMC Technologies from \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql FMC Corporation, and the full separation is still on track to be completed by \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql year-end," said Joseph H. Netherland, President and Chief Executive Officer. \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql "Although we expect that this will be a trough year, the strong inbound order \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql activity experienced in the first six months should lead to a positive \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql performance in the second half of 2001 compared to the same period in 2000." \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Review of Operations - Second Quarter \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql ------------------------------------- \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Energy Systems' (comprising Energy Production Systems and Energy Processing \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Systems) sales were $269.8 million, up from $255.5 million in the second quarter \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql of 2000. Earnings were $13.3 million, down from $20.4 million in the same period \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql last year. \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Higher sales volumes were due to strong fluid control demand while earnings were \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql down on continued weakness in measurement systems and lower volumes and results \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql in floating production systems. Energy Systems inbound orders totaled $354.3 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql million for the quarter, up 63 percent from the prior-year period, primarily on \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql strong subsea orders. Subsea inbound orders were strong across all geographic \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql areas, including orders from Enterprise Oil offshore Brazil, Statoil offshore \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Norway, TotalFinaElf offshore West Africa, and BP in the Gulf of Mexico. The BP \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql order for five trees is for its Crazy Horse field offshore Louisiana and is the \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql first order under the new $250 million, five-year frame agreement between FMC \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Technologies and BP. \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Energy Systems' total backlog increased approximately 30 percent in the second \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql quarter 2001, to $634.6 million, compared to $489.9 million for the same period \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql in 2000. The backlog for floating production systems improved with recent orders \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql for turret mooring and related systems for a Floating Production, Storage and \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Offloading vessel (FPSO) to be used in developing Enterprise Oil's Bijupira and \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Salema fields. MODEC International LLC, a joint venture that is 37.5 percent \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql owned by FMC Technologies, obtained the $290 million order from Enterprise Oil \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql for this FPSO. Energy Processing Systems' backlog declined on lower inbound \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql orders. \par\pard\plain\fs16 \page \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql PAGE 3 \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql FoodTech sales of $132.6 million were down from $172.7 million in the prior-year \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql second quarter and earnings of $11.3 million also declined from $17.6 million in \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql the same period. Sales and profits were down for freezing systems and \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql sterilization systems, due to the slowing U.S. and global economy that has \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql caused many food processors to postpone capital spending plans. The Company \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql expects potential orders to remain uncertain until food processors see an upturn \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql in economic activity. \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Airport Systems' sales in the second quarter of $80 million were up from $67.9 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql million in the prior year period. Earnings of $5.1 million decreased from $5.3 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql million in the prior year. A weaker U.S. economy, high fuel prices and labor \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql issues continue to put profit pressure on FMC Technologies' airline and freight \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql customers. However, order activity has remained fairly steady, and inbound \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql orders in loaders and ground support equipment orders totaled more than $75 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql million during the second quarter. Profit pressure on airlines may slow orders \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql in the second half of the year and in 2002, which may partially offset the \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql benefit from the initial orders and delivery of loaders for the U.S. Air Force \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql under the Next Generation Smaller Loader program. Twelve loaders of the 264-unit \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql program will be delivered prior to year-end. Airport Systems' total backlog \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql increased 26 percent in the second quarter 2001, to $153.6 million, compared to \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql $121.7 million for the same period in 2000. \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Corporate expenses in the second quarter were $8.3 million, which were even with \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql the prior year period. Net interest expense was $1.8 million, up from $0.7 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql million in the second quarter of 2000. The Company anticipates interest expense \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql to be higher in future quarters given that the initial capitalization was only \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql partially in effect during the second quarter. The IPO proceeds, net of \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql expenses, of approximately $200 million were remitted to FMC Corporation. \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Depreciation and amortization (D&A) for the second quarter totaled approximately \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql $16.5 million, which was even with the prior year. Capital expenditures for the \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql quarter were $14.8 million, approximately level with D&A. \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Six Months Results \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql ------------------- \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql For the first six months of 2001, sales were $907.5 million, down from $937.3 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql million in the first six months of 2000. After-tax income, before restructuring \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql charges, one-time tax expenses and an accounting change, was $20.6 million, down \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql from $34.8 million in the prior-year period. Weak margins in Energy Systems and \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql FoodTech were somewhat offset by higher margins in Airport Systems. \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Energy Systems sales of $516.6 million were up slightly from $511.8 million in \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql the first six months of 2000. Earnings of $22.3 million were down from $31.4 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql million in the prior-year period, based on continued weak margins in measurement \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql systems and loading systems, accompanied by margin declines in floating \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql production systems. FoodTech sales of $241.1 million decreased from $297.5 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql million in the first six months of 2000. Earnings of $14.8 million also were \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql down from $28.1 million in the same period a year ago. Lower volumes and margins \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql in food processing equipment, including sterilization, as well as continued weak \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql margins in freezing systems, affected the current period's results. \par\pard\plain\fs16 \page \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql PAGE 4 \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Airport Systems sales of $154.6 million were up 20 percent from $128.6 million \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql in the first six months of 2000. Earnings increased in the first half of 2001, \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql to $11 million, compared to $6.9 million in the comparable period of 2000. \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Increased volumes and margins in ground support equipment, particularly loaders, \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql were partially offset by weakness at Jetway(R) systems. \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Corporate expenses for the first six months of 2001 were $16.4 million, down \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql from $16.8 million in the prior-year period. Net interest expense was $2.9 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql million, up from $0.6 million in the first half of 2000. D&A for the first half \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql of 2001 totaled $30.9 million, down from the prior year. Capital expenditures \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql for the first six months of 2001 were $27.6 million, approximately level with \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql D&A. \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Summary \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql ------- \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql As expected, second quarter and six-month 2001 results were below those of 2000 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql in terms of sales volumes and profitability. Based on inbound orders in the \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql first half, it is anticipated that results in the second half of 2001 will \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql exceed last year's. \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql FMC Technologies noted that it is providing background pro forma earnings \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql information (attached) as if it had been unaffiliated with FMC Corporation for \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql the last six quarters. These pro forma results make adjustments to debt levels \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql and outstanding common shares assuming the initial capitalization of FMC \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Technologies was in effect since January 1, 2000. The Company believes that this \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql pro forma information should provide a basis for comparisons going forward. The \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql pro forma statements are for the purpose of analysis only and are not meant to \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql be prepared or presented in accordance with GAAP. \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql FMC Technologies, Inc. (www.fmctechnologies.com) is a global leader providing \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql mission-critical technology solutions for the energy, food processing and air \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql transportation industries. The Company designs, manufactures and services \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql technologically sophisticated systems and products for its customers through its \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Energy Systems (comprising Energy Production Systems and Energy Processing \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Systems), FoodTech and Airport Systems businesses. FMC Technologies employs \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql approximately 9,000 people at 31 manufacturing facilities in 14 countries. \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Safe Harbor Statement under the Private Securities Act of 1995: Statements in \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql this news release that are forward-looking statements are subject to various \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql risks and uncertainties concerning specific factors described in FMC \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Technologies' Form S-1 and other filings with the U.S. Securities and Exchange \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Commission, including those relating to FMC Technologies' initial public \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql offering. Such information contained herein represents management's best \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql judgment as of the date hereof based on information currently available. FMC \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Technologies does not intend to update this information and disclaims any legal \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql obligation to the contrary. Historical information is not necessarily indicative \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql of future performance. \par\pard\plain\fs16 \page \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql PAGE 5 \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql FMC Technologies, Inc. will conduct its second quarter 2001 conference call at \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql 10:00 a.m. (Eastern Daylight Time) on Tuesday, July 31. The event will be \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql available at www.fmctechnologies.com. It also will be available for replay after \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql the event at the same website. \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql * * * * \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql The news release in this Form 8-K and the information contained in the exhibits \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql thereto may also be accessed at the company's website (www.fmctechnologies.com). \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql The posting and furnishing of this information is not intended to, and does not, \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql constitute a determination by FMC Technologies, Inc. that the information is \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql material or that investors should consider this information before deciding to \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql buy or sell FMC Technologies, Inc. securities. \par\pard\plain\fs16 \page \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql PAGE 6 \par\pard\plain\fs16 \par\pard\plain\fs16 \par\pard\plain\fs16{\*\bkmkstart part_1_2_2}{\*\bkmkend part_1_2_2}{\*\bkmkstart item_1_47_1}{\*\bkmkend item_1_47_1}\pard\plain\cf1\f50\fs16\ql Item 7. FINANCIAL STATEMENTS AND EXHIBITS. \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql (c) Exhibits. The following exhibits are furnished: \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Exhibit Number Exhibit Description \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql -------------------------------------------------------------------------------- \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql -------------------------------------------------------------------------------- \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Exhibit 99a FMC Technologies and \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Consolidated Subsidiaries - \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Industry Segment Data \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql -------------------------------------------------------------------------------- \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Exhibit 99b FMC Technologies and \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Consolidated Subsidiaries - \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Condensed Consolidated \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Statements of Income \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql -------------------------------------------------------------------------------- \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Exhibit 99c FMC Technologies and \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Consolidated Subsidiaries - \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Condensed Consolidated \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Statements of Income Excluding \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Special Expense Items \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql -------------------------------------------------------------------------------- \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Exhibit 99d FMC Technologies and \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Consolidated Subsidiaries - \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Industry Segment Data - Inbound \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Orders and Backlog \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql -------------------------------------------------------------------------------- \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Exhibit 99e FMC Technologies, Inc. -Business \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Segment Data - Pro Forma Basis \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql -------------------------------------------------------------------------------- \par\pard\plain\fs16 \page \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql PAGE 7 \par\pard\plain\fs16 \par\pard\plain\fs16 \par\pard\plain\fs16{\*\bkmkstart part_1_2_3}{\*\bkmkend part_1_2_3}\pard\plain\cf1\f50\fs16\ql SIGNATURE \par\pard\plain\fs16 \par\pard\plain\fs16 \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Pursuant to the requirements of the Securities Exchange Act of 1934, the \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Registrant has duly caused this report to be signed on its behalf by the \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql undersigned thereunto duly authorized. \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql FMC TECHNOLOGIES, INC. \par\pard\plain\fs16 \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql By /s/ Jeffrey W. Carr \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql ------------------- \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Jeffrey W. Carr \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Vice President, General \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Counsel and Secretary \par\pard\plain\fs16 \par\pard\plain\fs16 \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Date: August 9, 2001 \par\pard\plain\fs16 \par\pard\plain\fs16 \par\pard\plain\fs16 \page{\*\bkmkstart doc_1_3}{\*\bkmkend doc_1_3} \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Exhibit 99a \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql FMC TECHNOLOGIES AND CONSOLIDATED SUBSIDIARIES \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql ---------------------------------------------- \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql INDUSTRY SEGMENT DATA \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql --------------------- \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql (Unaudited and in millions) \par\pard\plain\fs16 \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql Three Months Ended Six Months Ended \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql June 30 June 30 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql ------------------------ ------------------------ \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql 2001 2000 2001 2000 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql ---------- ---------- ---------- ---------- \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql Revenue \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql ------- \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql Energy Production Systems $ 172.5 $ 169.3 $ 330.4 $ 347.5 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql Energy Processing Systems 97.4 86.4 186.5 164.6 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql Eliminations (0.1) (0.2) (0.3) (0.3) \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql --------- ---------- ---------- --------- \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql Subtotal Energy Systems 269.8 255.5 516.6 511.8 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql FoodTech 132.6 172.7 241.1 297.5 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql Airport Systems 80.0 67.9 154.6 128.6 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql Eliminations (4.3) (0.7) (4.8) (0.6) \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql --------- ---------- ---------- --------- \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql $ 478.1 $ 495.4 $ 907.5 $ 937.3 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql ========= ========== ========== ========= \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql Income before income taxes and cumulative effect of \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql --------------------------------------------------- \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql change in accounting principle \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql ------------------------------ \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql Energy Production Systems $ 8.0 $ 13.4 $ 13.5 $ 23.1 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql Energy Processing Systems 5.3 7.0 8.8 8.3 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql --------- --------- --------- --------- \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql Subtotal Energy Systems 13.3 20.4 22.3 31.4 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql FoodTech 11.3 17.6 14.8 28.1 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql Airport Systems 5.1 5.3 11.0 6.9 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql --------- --------- --------- --------- \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql Segment operating profit 29.7 43.3 48.1 66.4 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql Corporate (8.3) (8.4) (16.4) (16.8) \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql Other income and (expense), net - 0.2 (0.7) (1.6) \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql --------- --------- --------- --------- \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql Operating profit before asset impairment, restructuring and \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql other charges, net interest expense, and cumulative effect of \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql change in accounting principle 21.4 35.1 31.0 48.0 \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql Asset impairment (a) - (1.5) (1.3) (1.5) \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql Restructuring and other charges (b) - (9.8) (9.2) (9.8) \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql Net interest expense (1.8) (0.7) (2.9) (0.6) \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql --------- --------- --------- --------- \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql Income before income taxes and cumulative effect of change \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql in accounting principle $ 19.6 $ 23.1 $ 17.6\par\pard\plain\f0\fs16\par\pard\plain\cf1\f50\fs12\ql $ 36.1 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql ========= ========= ========= ========= \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql (a) The asset impairment in 2001 relates to FoodTech. The asset impairment in \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql 2000 relates to Energy Production Systems. \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql (b) Restructuring and other charges in 2001 relate to Energy Processing Systems \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql ($5.2 million), FoodTech ($2.5 million), and Airport Systems ($1.5 million). \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Restructuring and other charges in 2000 relate to FoodTech ($8.0 million), \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Energy Production Systems ($1.4 million), and Corporate ($0.4 million). \par\pard\plain\fs16 \par\pard\plain\fs16 \page{\*\bkmkstart doc_1_4}{\*\bkmkend doc_1_4} \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Exhibit 99b \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql FMC TECHNOLOGIES AND CONSOLIDATED SUBSIDIARIES \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql ---------------------------------------------- \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql CONDENSED CONSOLIDATED STATEMENTS OF INCOME \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql ------------------------------------------- \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql (Unaudited and in millions, except per share amounts) \par\pard\plain\fs16 \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql Three Months Ended Six Months Ended \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql June 30 June 30 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql ---------------------- ------------------------- \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql 2001 2000 2001 2000 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql --------- --------- --------- ---------- \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql Revenue $ 478.1 $ 495.4 $ 907.5 $ 937.3 \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql Operating costs and expenses 456.2 460.4 875.9 889.4 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql Asset impairments - 1.5 1.3 1.5 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql Restructuring and other charges - 9.8 9.2 9.8 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql --------- --------- --------- ---------- \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql Total costs and expenses 456.2 471.7 886.4 900.7 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql --------- --------- --------- ---------- \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql 21.9 23.7 21.1 36.6 \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql Minority interests 0.5 (0.1) 0.6 (0.1) \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql Net interest expense 1.8 0.7 2.9 0.6 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql --------- --------- --------- ---------- \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql Income before income taxes and cumulative effect of change in \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql accounting principle 19.6 23.1 17.6 36.1 \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql Provision for income taxes 9.4 4.8 11.0 8.2 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql --------- --------- --------- ---------- \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql Income before cumulative effect of change in accounting principle 10.2 18.3 6.6 27.9 \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql Cumulative effect of change in accounting principle, net of taxes (a) - - (4.7) - \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql --------- --------- --------- ---------- \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql Net income $ 10.2 $ 18.3 $ 1.9 $ 27.9 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql ========= ========= ========= ========== \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql Pro forma basic earnings per common share (b): \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql Income before cumulative effect of change in accounting principle $ 0.16 $ 0.10 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql Cumulative effect of change in accounting principle (a) - (0.07) \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql --------- --------- \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql Pro forma net earnings per common share $ 0.16 $ 0.03 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql ========= ========= \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql Average number of shares used in basic \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql earnings per share computations 65.0 65.0 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql ========= ========= \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql Pro forma diluted earnings per common share (b): \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql Income before cumulative\par\pard\plain\f0\fs16\par\pard\plain\cf1\f50\fs14\ql effect of change in accounting principle $ 0.15 $ 0.10 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql Cumulative effect of change in accounting principle (a) - (0.07) \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql --------- --------- \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql Pro forma net earnings per common share $ 0.15 $ 0.03 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql ========= ========= \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql Average number of shares used in diluted \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql earnings per share computations 66.2 65.7 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql ========= ========= \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql (a) The cumulative effect of change in accounting principle net of taxes \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql results from the adoption of Statement of Financial Accounting Standards No. \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql 133. \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql (b) Earnings per share in 2001 are pro forma as if FMC Technologies were \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql retaining its earnings since January 1, 2001 and had completed its public \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql offering on January 1, 2001. \par\pard\plain\fs16 \par\pard\plain\fs16 \page{\*\bkmkstart doc_1_5}{\*\bkmkend doc_1_5} \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Exhibit 99c \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql FMC TECHNOLOGIES AND CONSOLIDATED SUBSIDIARIES \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql ---------------------------------------------- \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql CONDENSED CONSOLIDATED STATEMENTS OF INCOME \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql ------------------------------------------- \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql EXCLUDING SPECIAL EXPENSE ITEMS (a) \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql ----------------------------------- \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql (Unaudited and in millions, except per share amounts) \par\pard\plain\fs16 \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql Three Months Ended Six Months Ended \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql June 30 June 30 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql --------------------------- ---------------------------- \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql 2001 2000 2001 2000 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql ---------- ----------- ---------- ---------- \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql Revenue $ 478.1 $ 495.4 $ 907.5 $ 937.3 \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql Operating costs and expenses 456.2 460.4 875.9 889.4 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql --------- ---------- --------- --------- \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql 21.9 35.0 31.6 47.9 \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql Minority interests 0.5 (0.1) 0.6 (0.1) \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql Net interest expense 1.8 0.7 2.9 0.6 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql --------- ---------- --------- --------- \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql Income before income taxes, excluding \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql special expense items (a) 19.6 34.4 28.1 47.4 \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql Provision for income taxes 5.3 9.2 7.5 12.6 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql --------- ---------- --------- --------- \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql After-tax income, excluding special expense items (a) $ 14.3 $ 25.2 $ 20.6 $ 34.8 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql ========= ========== ========= ========= \par\pard\plain\fs16 \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql Pro forma basic after-tax income per share (b), \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql excluding special expense items (a) $ 0.22 $ 0.32 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql ========= ========= \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql Average number of shares used in basic earnings \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql per share computations 65.0 65.0 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql ========= ========= \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql Pro forma diluted after-tax income per share (b), \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql excluding special expense items (a) $ 0.22 $ 0.31 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql ========= ========= \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql Average number of shares used in diluted earnings \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql per share computations 66.2 65.7 \par\pard\plain\fs16\pard\plain\cf1\f50\fs12\ql ========= ========= \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql (a) Special expense items consist of asset impairments, restructuring and other \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql charges in 2001 and 2000, reorganization-related charges in 2001, and the \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql cumulative effect of a change in accounting principle in 2001. \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql (b) Earnings per share in 2001 are pro forma as if FMC Technologies were \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql retaining its earnings since January 1, 2001 and had completed its public \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql offering on January 1, 2001. \par\pard\plain\fs16 \par\pard\plain\fs16 \page{\*\bkmkstart doc_1_6}{\*\bkmkend doc_1_6} \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Exhibit 99d \par\pard\plain\fs16 \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql FMC TECHNOLOGIES AND CONSOLIDATED SUBSIDIARIES \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql ---------------------------------------------- \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql INDUSTRY SEGMENT DATA \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql --------------------- \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql (Unaudited and in millions) \par\pard\plain\fs16 \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql Three Months Ended Six Months Ended \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql June 30 June 30 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql ------------------------------ ------------------------------ \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql 2001 2000 2001 2000 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql ------------- ------------- ------------- ------------ \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql Inbound Orders \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql -------------- \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql Energy Production Systems $ 263.8 $ 122.2 $ 530.6 $ 215.9 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql Energy Processing Systems 90.5 95.2 195.8 192.7 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql ------------- ------------- ------------- ------------ \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql Subtotal Energy Systems 354.3 217.4 726.4 408.6 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql FoodTech 121.7 126.0 269.2 300.3 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql Airport Systems 75.6 58.3 177.6 117.4 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql ------------- ------------- ------------- ------------ \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql $ 551.6 $ 401.7 $ 1,173.2 $ 826.3 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql ============= ============= ============= ============ \par\pard\plain\fs16 \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql June 30 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql ------------------------------ \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql 2001 2000 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql ------------- ------------- \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql Backlog \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql ------- \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql Energy Production Systems $ 531.6 $ 360.7 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql Energy Processing Systems 103.0 129.2 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql ------------- ------------- \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql Subtotal Energy Systems 634.6 489.9 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql FoodTech 116.7 117.1 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql Airport Systems 153.6 121.7 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql ------------- ------------- \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql $ 904.9 $ 728.7 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql ============= ============= \par\pard\plain\fs16 \par\pard\plain\fs16 \par\pard\plain\fs16 \page{\*\bkmkstart doc_1_7}{\*\bkmkend doc_1_7} \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Exhibit 99e \par\pard\plain\fs16 \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql FMC TECHNOLOGIES, INC. (FTI) \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Business Segment Data \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Pro Forma Basis \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql (In millions, except per share data) \par\pard\plain\fs16 \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql 2000 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql -------------------------------------------------------------- \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql Q1 Q2 Q3 Q4 Full Year \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql --------- --------- ---------- --------- ------------- \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql Revenue: \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql Energy Production Systems $ 178.2 $ 169.3 $ 150.8 $ 169.6 $ 667.9 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql Energy Processing Systems 78.3 86.3 93.7 112.4 370.7 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql Intercompany eliminations (0.1) (0.2) (0.6) (0.4) (1.3) \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql ------- ------- ------- ------- --------- \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql Subtotal Energy Systems 256.4 255.4 243.9 281.6 1,037.3 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql FoodTech 124.8 172.7 144.6 131.2 573.3 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql Airport Systems 60.7 67.9 65.0 73.6 267.2 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql Intercompany eliminations 0.0 (0.6) (0.9) (1.1) (2.6) \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql ------- ------- ------- ------- --------- \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql Total Revenue $ 441.9 $ 495.4 $ 452.6 $ 485.3 $ 1,875.2 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql ======= ======= ======= ======= ========= \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql Income from continuing operations: \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql Energy Production Systems $ 9.7 $ 13.4 $ 11.8 $ 10.6 $ 45.5 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql Energy Processing Systems 1.3 7.0 5.9 12.7 26.9 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql ------- ------- ------- ------- --------- \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql Subtotal Energy Systems 11.0 20.4 17.7 23.3 72.4 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql FoodTech 10.5 17.6 10.0 15.7 53.8 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql Airport Systems 1.6 5.3 4.6 3.7 15.2 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql ------- ------- ------- ------- --------- \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql Total segment operating profit 23.1 43.3 32.3 42.7 141.4 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql Corporate expenses (a) (8.4) (8.4) (8.4) (8.5) (33.7) \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql Other expense, net (b) (1.8) 0.2 1.2 (1.1) (1.5) \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql Net interest income (expense) (c) (4.6) (4.6) (4.6) (4.6) (18.3) \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql ------- ------- ------- ------- --------- \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql Total income from continuing operations \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql before income taxes 8.3 30.5 20.5 28.5 87.9 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql Income tax expense (d) (2.2) (8.2) (5.5) (7.7) (23.7) \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql ------- ------- ------- ------- --------- \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql Income from continuing operations \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql after income taxes $ 6.1 $ 22.3 $ 15.0 $ 20.8 $ 64.2 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql ======= ======= ======= ======= ========= \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql EPS (e) $ 0.09 $ 0.34 $ 0.23 $ 0.31 $ 0.97 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql ======= ======= ======= ======= ========= \par\pard\plain\fs16 \par\pard\plain\fs16 \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql 2001 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql -------------------------------------------------- \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql Q1 Q2 Full Year \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql ----------- ---------- ------------ \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql Revenue: \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql Energy Production Systems $ 157.9 $ 172.5 $ 330.4 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql Energy Processing\par\pard\plain\f0\fs16\par\pard\plain\cf1\f50\fs14\ql Systems 89.1 97.4 186.5 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql Intercompany eliminations (0.2) (0.1) (0.3) \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql ------- ------- ------- \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql Subtotal Energy Systems 246.8 269.8 516.6 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql FoodTech 108.5 132.6 241.1 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql Airport Systems 74.7 80.0 154.6 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql Intercompany eliminations (0.6) (4.3) (4.8) \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql ------- ------- ------- \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql Total Revenue $ 429.4 $ 478.1 $ 907.5 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql ======= ======= ======= \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql Income from continuing operations: \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql Energy Production Systems $ 5.6 $ 8.0 $ 13.5 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql Energy Processing Systems 3.4 5.3 8.8 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql ------- ------- ------- \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql Subtotal Energy Systems 9.0 13.3 22.3 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql FoodTech 3.5 11.3 14.8 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql Airport Systems 5.9 5.1 11.0 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql ------- ------- ------- \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql Total segment operating profit 18.4 29.7 48.1 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql Corporate expenses (a) (8.1) (8.3) (16.4) \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql Other expense, net (b) (0.7) 0.0 (0.7) \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql Net interest income (expense) (c) (4.6) (4.6) (9.2) \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql ------- ------- ------- \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql Total income from continuing operations \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql before income taxes 5.0 16.8 21.8 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql Income tax expense (d) (1.4) (4.5) (5.9) \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql ------- ------- ------- \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql Income from continuing operations \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql after income taxes $ 3.7 $ 12.3 $ 15.9 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql ======= ======= ======= \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql EPS (e) $ 0.06 $ 0.19 $ 0.24 \par\pard\plain\fs16\pard\plain\cf1\f50\fs14\ql ======= ======= ======= \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql (a) Corporate expenses primarily include staff expenses. \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql (b) Other expense, net consists of all other corporate items, including LIFO \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql inventory adjustments and pension income or expense. \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql (c) Pro forma interest expense - $305 million at 6% interest rate. \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql (d) Income tax rate constant at 27%. \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql (e) Diluted shares outstanding constant at 66.2 million. \par\pard\plain\fs16 \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Note: These statements present the company's pro forma estimate of what FMC \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql Technologies would have looked like under the current capital structure, taking \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql into account the June IPO proceeds, the current share count, and allocation of \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql debt between FMC Technologies and FMC Corporation. The company believes that \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql this pro forma information should provide a basis for comparisons going forward. \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql The pro forma statements are for the purpose of analysis only and are not meant \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql to be prepared or presented in accordance with GAAP. Analysis excludes the \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql impact of special charges and the cumulative effect of a change in accounting \par\pard\plain\fs16\pard\plain\cf1\f50\fs16\ql principle. \par\pard\plain\fs16 \par\pard\plain\fs16}