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Their total assets have increased 13.7% from $12,405.5 million in 2003 to $14,110.8 million in 2004. These measures show that Medtronic has been successful in generating profits and increasing their net assets. These measures have steadily been increasing and therefore this type of progress can reasonably be expected to persist in the future.
Total liabilities have also increased by 11.8% from $4,499.1 million in 2003 to $5,033.8 million in 2004. This can viewed as a way of financing the continued operations that support Medtronic's success.
Medtronic paid $0.23 per share to owners in 2002. This amount equaled $278...
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