30 The Procter & Gamble Company and Subsidiaries Consolidated Statement of Shareholders’ Equity See accompanying Notes to Consolidated Financial Statements (1) Premium on equity put options. Balance June 30, 1999 Net earnings Other comprehensive income: GLYPH<9> Financial statement translation GLYPH<9> Net investment hedges, GLYPH<9> GLYPH<9> net of $88 tax GLYPH<9> Other, net of tax GLYPH<9> Total comprehensive income Dividends to shareholders: GLYPH<9> Common GLYPH<9> Preferred, net of tax benefit Treasury purchases Employee plan issuances Preferred stock conversions ESOP debt guarantee reduction Balance June 30, 2000 Net earnings Other comprehensive income: GLYPH<9> Financial statement translation GLYPH<9> Net investment hedges, GLYPH<9> GLYPH<9> net of $276 tax GLYPH<9> Other, net of tax benefit GLYPH<9> Total comprehensive income Dividends to shareholders: GLYPH<9> Common GLYPH<9> Preferred, net of tax benefit Treasury purchases Employee plan issuances Preferred stock conversions ESOP debt guarantee reduction Balance June 30, 2001 Net earnings Other comprehensive income: GLYPH<9> Financial statement translation GLYPH<9> Net investment hedges, GLYPH<9> GLYPH<9> net of $238 tax benefit GLYPH<9> Other, net of tax benefit GLYPH<9> Total comprehensive income Dividends to shareholders: GLYPH<9> Common GLYPH<9> Preferred, net of tax benefit GLYPH<9> Spin-off of Jif and Crisco  Treasury purchases Employee plan issuances Preferred stock conversions ESOP debt guarantee reduction Balance June 30, 2002 Dollars in millions/ Shares in thousands GLYPH<9> $1,320 GLYPH<9> (24) GLYPH<9>  7 GLYPH<9> 3 GLYPH<9> 1,306 GLYPH<9> (18) GLYPH<9>  6 GLYPH<9> 2 GLYPH<9> 1,296 GLYPH<9> GLYPH<9> (8) GLYPH<9>  9 GLYPH<9> 4 GLYPH<9> $1,301 Common Stock GLYPH<9> $1,781 GLYPH<9> GLYPH<9> (44) GLYPH<9> 1,737 GLYPH<9> (36) GLYPH<9> 1,701 GLYPH<9> (67) GLYPH<9> $1,634 Preferred Stock GLYPH<9> $(1,552) GLYPH<9> 134 GLYPH<9> (1,418) GLYPH<9> 43 GLYPH<9> (1,375) GLYPH<9> GLYPH<9> 36 GLYPH<9> $(1,339) Reserve for ESOP Debt Retirement GLYPH<9> $(1,606) GLYPH<9> GLYPH<9> (449) GLYPH<9> GLYPH<9> 150 GLYPH<9> 63 GLYPH<9> (1,842) GLYPH<9> (715) GLYPH<9> GLYPH<9> 460 GLYPH<9> (23) GLYPH<9> (2,120) GLYPH<9> 263 GLYPH<9> GLYPH<9> (397) GLYPH<9> (106) GLYPH<9> $(2,360) Accumulated Other Comprehensive Income GLYPH<9> $10,778 GLYPH<9> 3,542 GLYPH<9> (1,681) GLYPH<9> (115) GLYPH<9> (1,814) GLYPH<9> 10,710 GLYPH<9> 2,922 GLYPH<9> (1,822) GLYPH<9> (121) GLYPH<9> (1,238) GLYPH<9> 10,451 GLYPH<9> 4,352 GLYPH<9> (1,971) GLYPH<9> (124) GLYPH<9> (150) GLYPH<9> (578) GLYPH<9> GLYPH<9> $11,980 Retained Earnings GLYPH<9> $12,058 GLYPH<9> 3,542 GLYPH<9> (449) GLYPH<9> GLYPH<9> 150 GLYPH<9> 63 GLYPH<9> (1,681) GLYPH<9> (115) GLYPH<9> (1,766) GLYPH<9> 351 GLYPH<9>  – GLYPH<9> 134 GLYPH<9> 12,287 GLYPH<9> 2,922 GLYPH<9> (715) GLYPH<9> GLYPH<9> 460 GLYPH<9> (23) GLYPH<9> (1,822) GLYPH<9> (121) GLYPH<9> (1,250) GLYPH<9> 229 GLYPH<9>  – GLYPH<9> 43 GLYPH<9> 12,010 GLYPH<9> 4,352 GLYPH<9> 263 GLYPH<9> GLYPH<9> (397) GLYPH<9> (106) GLYPH<9> (1,971) GLYPH<9> (124) GLYPH<9> (150) GLYPH<9> (568) GLYPH<9> 361 GLYPH<9>  – GLYPH<9> 36 GLYPH<9> $13,706 Total GLYPH<9> $3,542 GLYPH<9> (449) GLYPH<9> GLYPH<9> 150 GLYPH<9> 63 GLYPH<9> $3,306 GLYPH<9> $2,922 GLYPH<9> (715) GLYPH<9> GLYPH<9> 460 GLYPH<9> (23) GLYPH<9> $2,644 GLYPH<9> $4,352 GLYPH<9> 263 GLYPH<9> GLYPH<9> (397) GLYPH<9> (106) GLYPH<9> $4,112 Total Comprehensive Income GLYPH<9> 1,319,754 GLYPH<9> GLYPH<9> (24,296) GLYPH<9> 7,592 GLYPH<9> 2,817 GLYPH<9> 1,305,867 GLYPH<9> (18,238) GLYPH<9> 5,924 GLYPH<9> 2,185 GLYPH<9> 1,295,738 GLYPH<9> (7,681) GLYPH<9> 8,323 GLYPH<9> 4,390 GLYPH<9> 1,300,770 Common Shares Outstanding GLYPH<9> $1,337 GLYPH<9> GLYPH<9> 72 GLYPH<9> 344 GLYPH<9> 41 GLYPH<9> 1,794 GLYPH<9> 6 GLYPH<9> 223 GLYPH<9> 34 GLYPH<9> 2,057 GLYPH<9> GLYPH<9> 18 GLYPH<9> 352 GLYPH<9> 63 GLYPH<9> $2,490 Additional Paid-In Capital (1) (1) (1)