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Microsoft PowerPoint - SIRAN teleconference - FINAL
SIRAN TeleconferenceSeptember 5, 2007
2Disclosure Regarding Forward-Looking Statements & non-GAAP Financial Measures
This presentation contains certain forward-looking information. Any forward-looking statement involves risk and uncertainty.
The Companys future results may be affected by changes in general economic conditions and by the actions of customers and competitors. Actual outcomes may differ materially from what is expressed in any forward-looking statement. A more complete disclosure about forward-
looking statements begins on page 61 of our 2006 Form 10-K, and it applies to this presentation.
This presentation contains certain non-GAAP financial measures such as earnings before interest and taxes (EBIT). Please refer to our website
(www.cummins.com) for the reconciliation of EBIT to GAAP financial measures.
Well positioned for sustained earnings growth Dean Cantrell, Director Investor Relations
Creating cleaner and healthier environment Tina Vujovich, Vice President, Marketing &
Living our Core Values at Cummins Marya Rose, Vice President, General Counsel &
Making peoples lives better by unleashing the Power of Cummins.
MISSIONMISSION Motivating people to act like owners working
Exceeding customers expectations by always being the first to market with the best products.
Partnering with our customers to make sure they succeed.
Demanding that everything we do leads to a cleaner, healthier, safer environment.
Creating wealth for all stakeholders.
5Diversified Global Power Leader
Four Complementary Businesses
6Creating Greater Shareholder Value
Doubled our revenue in 5 years Highest period of net earnings as a percent of
sales in over 40 years Generated $4.6 billion in EBITDA since 2003 Improved debt to capital from 60% in 2003 to 17%
today Actively repurchased 3.5 million shares in 2 years Exceeded both ROANA and ROE targets for over
7Focused on Sustained Earnings Growth
Our customers recognize Cummins for our technology leadership
Cummins global presence is unmatched by others
Cummins is well positioned for long-term growth
8Global Adoption Emission Standards
6000 8500 lb GVW >8500 lb GVW
Light Vehicles (