Shareholders’ Equity ($ in Millions) 1998 1999 2000 2001 2002 $311 $423 $100 $200 $300 $400 $500 $600 $700 $800 $186 $595 $750 Earnings Per Diluted Share 1998 1999 2000 2001 2002 $0.20 $0.40 $0.60 $0.80 $1.00 $1.20 $1.40 $1.60 $1.80 $2.00 $0.96 $1.39 $1.55 $1.65 $1.94 Treasury Stock, Total Shares Par Paid-In Retained at Average Shareholders’ ( Thousands ) Outstanding Value Capital Earnings Cost Equity Balance, January 29, 2000 102,004 $1,033 $147,305 $192,735) $(29,979) $311,094 Purchase of Treasury Stock (3,550) – – – (43,929) (43,929) Net Income – – – 158,133 – 158,133 Tax Benefit from Exercise of Stock Options and Vesting of Restricted Stock – – 462 – – 462 Stock Options, Restricted Stock and Other 342 – ( 11,277) – 8,217 (3,060) Balance, February 3, 2001 98,796 $1,033 $136,490 $350,868  $(65,691) $422,700 Purchase of Treasury Stock (600) – – – (11,069) (11,069) Net Income – – – 168,672 – 168,672 Tax Benefit from Exercise of Stock Options and Vesting of Restricted Stock – – 5,056 – – 5,056 Stock Options, Restricted Stock and Other 677 – (152) – 10,227 10,075 Balance, February 2, 2002 98,873 $1,033 $141,394 $519,540 $(66,533) $595,434 Purchase of Treasury Stock (1,850) – – – (42,691) (42,691) Net Income – – – 194,935 – 194,935 Tax Benefit from Exercise of Stock Options and Vesting of Restricted Stock – – 164 – – 164 Stock Options, Restricted Stock and Other 246 – 1,019 – 666 1,685 Balance, February 1, 2003 97,269 $1,033 $142,577 $714,475 $(108,558) $749,527 The accompanying Notes are an integral part of these Consolidated Financial Statements. 16 Abercrombie &Fitch CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY Common Stock