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Dear IBM Investor, I am happy to report to you on a very strong year for our company. In my letter last year, I said that we saw an opportunity to start pulling ahead of the competition. In 2006, we did so, gaining or maintaining market leadership in each of our major businesses, and setting new records in profit, earnings per share and cash performance. What our numbers do not reveal — and what is perhaps IBM’s most notable accomplishment during this period — is that we achieved these results while fundamentally reshaping our company. Whether you look at our technology, strategy, business model, processes or culture, IBM is a very different enterprise today than it was at the beginning of the decade. We have prepared the company for growth and leadership in a radically different future — while continuing to deliver steady results.
 
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IBM Annual Report 2006 (6.3MB)
Chairman’s letter and financial highlights (2.6MB)
Report of financials (3.7MB)
Form 10-K (1.3MB)

SEC Edgar version that includes the following exhibits: financial section of the IBM Annual Report 2006; powers of attorney; and Certified Resolutions of the IBM Board of Directors authorizing execution of this report by Powers of Attorney.

Form 10-K (169KB)

Annual Report version that excludes the following exhibits: financial section of the IBM Annual Report 2006; powers of attorney; and Certified Resolutions of the IBM Board of Directors authorizing execution of this report by Powers of Attorney.

Financial statements
Consolidated financial statements
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