Index

The Management’s Discussion and Analysis is organized as follows:

Results of Operations

Liquidity and Financial Condition

Acquisitions

B2K

Restructuring Charges

Other Information


All charts provided in Management's Discussion and Analysis are for the year ended November 30. All dollars are in millions, except per share data. Unless otherwise indicated, the results include the impact of restructuring activities for all years presented and stock-based compensation in 2006.






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McCORMICK & COMPANY 2006 ANNUAL REPORT

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