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United Technologies Corporation (UTX) Yearly Returns

Year	Begining Price	Ending Price	Gain or Loss	Percent Gain or Loss
1975	32.625	46.375	13.75	42.15%
1976	46.375	77.75*	31.375	67.65%
1977	38.875	35.875	-3.00	-7.72%
1978	35.875	38.875	3.00	8.36%
1979	38.875	43.00	4.125	10.61%
1980	43.00	61.00	18.00	41.86%
1981	61.00	41.75	-19.25	-31.56%
1982	41.75	56.625	14.875	35.63%
1983	56.625	72.50	15.875	28.04%
1984	72.50	72.50*	0.00	0.00%
1985	36.25	43.75	7.50	20.69%
1986	43.75	46.00	2.25	5.14%
1987	46.00	33.875	-12.125	-26.36%
1988	33.875	41.125	7.25	21.40%
1989	41.125	54.25	13.125	31.91%
1990	54.25	47.875	-6.375	-11.75%
1991	47.875	54.25	6.375	13.32%
1992	54.25	48.125	-6.125	-11.29%
1993	48.125	62.00	13.875	28.83%
1994	62.00	62.875	0.875	1.41%
1995	62.875	94.875	32.00	50.89%
1996	94.875	132.50*	37.625	39.66%
1997	66.25	72.8125	6.5625	9.91%
1998	72.8125	108.75	35.9375	49.36%
1999	108.75	130.00*	21.25	19.54%
2000	65.00	78.625	13.625	20.96%
2001	78.625	64.63	-13.995	-17.80%
2002	64.63	61.94	-2.69	-4.16%
2003	61.94	94.77	32.83	53.00%
2004	94.77	103.35	8.58	9.05%
2005	103.35	111.82*	8.47	8.20%
2006	55.91	62.52	6.61	11.82%
2007	62.52	76.54	14.02	22.42%

*The 1976 ending price for United Technologies has been adjusted for a 2 for 1 stock split.
*The 1984 ending price for United Technologies has been adjusted for a 2 for 1 stock split.
*The 1996 ending price for United Technologies has been adjusted for a 2 for 1 stock split.
*The 1999 ending price for United Technologies has been adjusted for a 2 for 1 stock split.
*The 2005 ending price for United Technologies has been adjusted for a 2 for 1 stock split.