Table T-5.3
The Timken Company
Normalized Income Statements
.	1999	1998	1997
Sales	100	100	100
Cost of Goods Sold	80	78	77
Gross Profit	20	22	23
Operating Expenses	14	13	13
Operating Profit	5	8	11
Interest	1	1	1
Other	1	1	1
Profit before tax	4	7	10
Tax	1	3	4
Profit after tax	3	4	7
Source: The Timken Company 1999 Annual Report