| Ashland Inc. and Consolidated Subsidiaries | Page 4 | ||||||||||||||
| INFORMATION BY INDUSTRY SEGMENT | |||||||||||||||
| (In millions - preliminary and unaudited) | |||||||||||||||
| Three months ended | Year ended | ||||||||||||||
| September 30 | September 30 | ||||||||||||||
| 2007 | 2006 | 2007 | 2006 | ||||||||||||
| PERFORMANCE MATERIALS (a) (b) | |||||||||||||||
| Sales per shipping day | $ | 6.1 | $ | 5.7 | $ | 6.1 | $ | 5.7 | |||||||
| Pounds sold per shipping day | 4.8 | 4.9 | 4.9 | 4.9 | |||||||||||
| Gross profit as a percent of sales | 18.4% | 20.3% | 20.5% | 22.5% | |||||||||||
| DISTRIBUTION (a) (b) | |||||||||||||||
| Sales per shipping day | $ | 15.9 | $ | 16.3 | $ | 15.9 | $ | 16.2 | |||||||
| Pounds sold per shipping day | 19.6 | 19.9 | 19.6 | 20.3 | |||||||||||
| Gross profit as a percent of sales | 7.0% | 8.8% | 7.9% | 9.5% | |||||||||||
| VALVOLINE (a) (b) | |||||||||||||||
| Lubricant sales (gallons) | 43.3 | 41.1 | 167.1 | 168.7 | |||||||||||
| Premium lubricants (percent of U.S. branded volumes) | 23.5% | 22.3% | 23.3% | 23.1% | |||||||||||
| Gross profit as a percent of sales | 24.6% | 16.0% | 24.8% | 19.9% | |||||||||||
| WATER TECHNOLOGIES (a) (b) | |||||||||||||||
| Sales per shipping day | $ | 3.3 | $ | 3.0 | $ | 3.1 | $ | 2.0 | |||||||
| Gross profit as a percent of sales | 39.7% | 38.4% | 39.2% | 43.7% | |||||||||||
| (a) | Sales are defined as sales and operating revenues. Gross profit is defined as sales and operating revenues, less cost of sales and operating expenses. | ||||||||||||||
| (b) | Excludes amounts resulting from the elimination of the previous one month financial reporting lag for wholly owned entities outside North America, which was recorded in the three months ended September 30, 2007. | ||||||||||||||