 |
| |
|
 |
  |
| |
|
|
FINANCIAL HIGHLIGHTS
| |
|
|
In millions, except earnings per share
|
|
|
|
| |
|
| Year Ended June 30 |
|
1998 |
|
1999 |
|
2000 |
|
2001 |
(1) |
|
2002 |
(2) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Revenue |
$ |
15,262 |
$ |
19,747 |
$ |
22,956 |
$ |
25,296 |
|
$ |
28,365 |
|
| Operating income |
|
6,585 |
|
10,010 |
|
11,006 |
|
11,720 |
|
|
11,910 |
|
| Income before accounting |
|
|
|
|
|
|
|
|
|
|
|
|
| |
change |
|
4,490 |
|
7,785 |
|
9,421 |
|
7,721 |
|
|
7,829 |
|
| Net income |
|
4,490 |
|
7,785 |
|
9,421 |
|
7,346 |
|
|
7,829 |
|
| Diluted earnings per share |
|
|
|
|
|
|
|
|
|
|
|
|
| |
before accounting change |
|
0.84 |
|
1.42 |
|
1.70 |
|
1.38 |
|
|
1.41 |
|
| Diluted earnings per share |
|
0.84 |
|
1.42 |
|
1.70 |
|
1.32 |
|
|
1.41 |
|
| Cash and short-term investments |
|
13,927 |
|
17,236 |
|
23,798 |
|
31,600 |
|
|
38,652 |
|
| Total assets |
|
22,357 |
|
38,321 |
|
51,694 |
|
58,830 |
|
|
67,646 |
|
| Stockholders’ equity |
|
16,627 |
|
28,438 |
|
41,368 |
|
47,289 |
|
|
52,180 |
|
|
|
| (1) |
Fiscal year 2001 includes an unfavorable cumulative effect of accounting change of $375 million or $0.06 per diluted share, reflecting the adoption of SFAS No. 133, and $4.80 billion (pre-tax) in impairments of certain investments, primarily cable and telecommunication investments. |
| |
|
| (2) |
Fiscal year 2002 includes $4.32 billion (pre-tax) in impairments of certain investments, primarily related to the Company’s AT&T investment and further declines in the fair values of European cable and telecommunications holdings, and a $1.25 billion (pre-tax) gain on the sale of Expedia, Inc. |
|
|
| |
|
|
