cisco systems excel workbook
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CISCO Systems Inc.
Income Statement
(in $ millions, except per share/ADS data)
Oct-04 Jan-04 Apr-04 Jul-04
Q1 2004 A Q2 2004 A Q3 2004 A Q4 2004 A FY 2004 A
Income Statement
Net Sales
Product 4263 4550 4730 5007 18550
Service 838 848 890 919 3495
Total Net Sales 5101 5398 5620 5926 22045
product Costs 1316 1425 1452 1573 5766
Service Cost 279 275 301 298 1153
Total Cost of Sales 1595 1700 1753 1871 6919
Gross Margin 3506 3698 3867 4055 15126
Operating Expenses:
Research and Development 755 770 867 785 3177
Sales and Marketing 1087 1110 1153 1150 4500
General and Administrative 212 210 231 199 852
Amortization of Purchased Intangible Assets 62 60 60 60 242
In-Process Research and Development 0 1 2 0 3
Payroll Tax on Stock Option Exercises 0 0 0 4 4
Stock Based Compensation Related to Acquisition
and Investment 0 0 0 56 56
Total Operating Expenses 2116 2151 2313 2254 8834
Operating Income{Loss} 1390 1547 1554 1801 6292
Interest Income, Net 137 124 127 124 512
Other Income{Loss}, Net 1 136 40 11 188
Interest and Other Income, Net 138 260 167 135 700
Income Before Provision of Income Taxes 1528 1807 1721 1936 6992
provision for Income Taxes 442 516 510 556 2024
Net Income(Loss) Before Cumulative Effect of
Accounting Changes 1086 1291 1211 1380 4968
Cumulative Effect of Accounting Changes, Net of Tax 0 567 567
Net income 1086 724 1211 1380 4401
Reported - EPS Basic 0.16 0.11 0.18 0.20 0.64
Reported - EPS Diluted 0.15 0.10 0.17 0.20 0.62
Share Count Reported - Basic 6932 6874 6816 6736 6840
Share Count Reported - Diluted 7110 7110 7074 6935 7057
Oct-04 Jan-05 Apr-05 Jul-05 Oct-05 Jan-06 Apr-06 Jul-06
Q1 2005 A Q2 2005 A Q3 2005 A Q4 2005 A Fy 2005 A Q1 2006 A Q2 2006 A Q3 2006 A Q4 2006 A
5033 5106 5189 5525 20853 5491 5537 6155 6734
938 956 998 1056 3948 1059 1091 1167 1250
5971 6062 6187 6581 24801 6550 6628 7322 7984
1646 1669 1697 1746 6758 1751 1774 2193 2396
310 340 355 367 1372 389 388 403 443
1956 2009 2052 2113 8130 2140 2162 2596 2839
4015 4053 4135 4468 16671 4410 4466 4726 5145
805 811 823 883 3322 996 966 1041 1064
1120 1142 1190 1269 4721 1453 1431 1547 1600
230 228 244 257 959 278 282 298 311
60 57 54 56 227 59 56 99 179
12 2 6 6 26 2 0 88 1
2227 2240 2317 2471 9255 2788 2735 3073 3155
1788 1813 1818 1997 7416 1622 1731 1653 1990
130 127 142 153 552 154 168 142 143
40 17 8 3 68 -17 17 17 13
170 144 150 156 620 137 185 159 156
1958 1957 1968 2153 8036 1759 1916 1812 2146
562 557 563 613 2295 498 541 412 602
1396 1400 1405 1540 5741 1261 1375 1400 1544
0.21 0.21 0.22 0.24 0.89$ $0.20 $0.22 $0.23 $0.25
0.21 0.21 0.21 0.24 0.87$ $0.20 $0.22 $0.22 $0.25
6635 6521 6435 6366 6487 6245 6146 6160 6081
6773 6652 6541 6480 6612 6340 6248 6289 6187
Oct-06 Jan-07 Apr-07 Jul-07 Oct-07 Jan-08 Apr-08
Fy 2006 A Q1 2007 A Q2 2007 A Q3 2007 A Q4 2007 A FY 2007 A Q1 2008 A Q2 2008 A Q3 2008 A
23917 6940 7099 7481 7942 29462 8015 8245 8199
4567 1244 1340 1385 1491 5460 1539 1586 1592
28484 8184 8439 8866 9433 34922 9554 9831 9791
8114 2499 2544 2685 2820 10548 2823 2882 2865
1623 452 507 534 545 2038 558 609 621
9737 2951 3051 3219 3365 12586 3381 3491 3486
18747 5233 5388 5647 6068 22336 6173 6340 6305
4067 1083 1094 1144 1178 4499 1192 1216 1439
6031 1686 1726 1830 1973 7215 2003 2084 2129
1169 364 340 378 431 1513 490 520 479
393 105 96 97 109 407 117 116 117
91 4 2 1 74 81 3 0 0
11751 3242 3258 3450 3765 13715 3805 3936 4164
6996 1991 2130 2197 2303 8621 2368 2404 2141
607 157 172 189 197 715 223 212 201
30 28 33 33 31 125 31 22 -33
637 185 205 222 228 840 254 234 168
7633 2176 2335 2419 2531 9461 2622 2638 2309
2053 568 414 545 601 2128 417 578 536
5580 1608 1921 1874 1930 7333 2205 2060 1773
0.91$ $0.27 $0.32 $0.31 $0.32 $1.21 $0.36 $0.34 $0.30
0.89$ $0.26 $0.31 $0.30 $0.31 $1.17 $0.35 $0.33 $0.29
6158 6061 6057 6034 6062 6055 6087 6010 5942
6272 6199 6291 6244 6275 6265 6330 6202 6069
Jul-08
Q4 2008 A FY 2008 A
8640 33099
1724 6441
10364 39540
3061 11631
637 2425
3698 14056
6666 25484
1306 5153
2164 8380
518 2007
149 499
0 3
4137 16042
2529 9442
188 824
-31 -11
157 813
2686 10255
672 2203
2014 8052
$0.34 $1.35
$0.33 $1.31
5898 5986
6034 6163
CISCO Systems Inc.
Balance Sheet
(in $ millions, except per share/ADS data)
Oct-03 Jan-04 Apr-04 Jul-04
Q1 2004 A Q2 2004 A Q3 2004 A Q4 2004 A FY 2004 A
Balance Sheet
Assets
Current Assets
Cash and Cash Equivalents 4158 4225 3949 3722 3722
Investments 4837 5155 4912 4947 4947
Net Cash, Cash Equivalients and ST Investments 8995 9380 8861 8669 8669
Accounts Receivable - Net 1388 2040 1540 1825 1825
Inventories 875 933 1121 1207 1207
Deferred Tax Assets 2062 1947 1905 1827 1827
Lease Receivable,Net 140 57 65 0 0
Prepaid Expenses and Other Current Assets 567 604 581 815 815
Total Current Assets 14027 14961 14073 14343 14343
Property and Equipment,Net 3571 3441 3351 3290 3290
Goodwill 4043 4103 4198 4198 4198
Purchased Intangible Assets, Net 490 441 387 325 325
Other Assets 2947 2915 2810 2840 2840
Investments 10693 10454 10085 10598 10598
Lease Receivable,Net 79 275 293 0 0
Total Assets 35850 36590 35197 35594 35594
Liabilities and ShareHolders' Equity
Current Liabilities:
Current Porttion of Long-Term Debt 0 0 0 0 0
Accounts Payable 602 645 604 657 657
Income Taxes Payable 687 715 848 963 963
Accrued Compensation 1184 1400 1432 1466 1466
Deferred Revenue 3001 3202 3420 3527 3527
other Current Liabilities 2155 2040 1899 2090 2090
Restructuring Liabilities 86 78 71 0 0
Total Current Liabilities 7715 8080 8274 8703 8703
Long Term Debt Less Current Maturities 0 0 0 0 0
Income Taxes Payable 0 0 0 0 0
Deferred Revenue 706 863 937 975 975
other Long Term Liabilities 0 0 0 0 0
Minority Interest 10 11 5 90 90
Shareholders' Equity:
Common Stock and Additional Paid-in Capital 21094 22302 22277 22450 22450
Retained Earnings/(Accumulated Deficit) 5955 4902 3489 3164 3164
Accumulated Other Comprehensive Income 370 432 215 212 212
Total Shareholders' Equity 27419 27636 25981 25826 25826
Total Liabilities and Shareholders' Equity 35850 36590 35197 35594 35594
Checksum 0 0 0 0 0
Oct-04 Jan-05 Apr-05 Jul-05 Oct-05 Jan-06 Apr-06 Jul-06
Q1 2005 A Q2 2005 A Q3 2005 A Q3 2005 A FY 2005 A Q1 2006 A Q2 2006 A Q3 2006 A Q4 2006 A
3309 2473 2641 4742 4742 1704 5151 4237 3297
3489 3291 2397 11313 11313 11786 9838 13946 14517
6798 5764 5038 16055 16055 13490 14989 18183 17814
1792 2278 2241 2216 2216 2342 2537 2980 3303
1210 1255 1280 1297 1297 1318 1345 1313 1371
1798 1881 1537 1475 1475 1410 1476 1484 1604
878 792 867 967 967 1193 1264 1527 1584
12476 11970 10963 22010 22010 19753 21611 25487 25676
3279 3302 3298 3320 3320 3335 3316 3479 3440
4535 4674 5063 5295 5295 5412 5422 9186 9227
399 396 459 549 549 548 510 2356 2161
2695 2722 3076 2709 2709 2707 2793 2574 2811
10929 10761 11111 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0
34313 33825 33970 33883 33883 31755 33652 43082 43315
0 0 0 0 0 0 0 0 0
680 673 706 735 735 721 684 837 880
1161 1397 1418 1511 1511 1462 1437 1346 1744
1187 1219 1258 1317 1317 1193 1220 1431 1516
3291 3657 3800 3854 3854 3716 3937 4300 4408
2307 2126 2005 2094 2094 2144 2243 2516 2765
0 0 0 0 0 0 0 0 0
8626 9072 9187 9511 9511 9236 9521 10430 11313
0 0 0 0 0 0 0 6346 6332
0 0 0 0 0 0 0 0 0
970 990 1016 1188 1188 1078 1163 1188 1241
0 0 0 0 0 0 0 495 511
128 12 11 10 10 4 4 8 6
22151 22145 22450 22394 22394 22261 22907 24132 24257
2079 1245 1002 506 506 (1046) (268) 121 (617)
359 361 304 274 274 222 325 362 272
24589 23751 23756 23174 23174 21437 22964 24615 23912
34313 33825 33970 33883 33883 31755 33652 43082 43315
0 0 0 0 0 0 0 0 0
Oct-06 Jan-07 Apr-07 Jul-07 Oct-07 Jan-08 Apr-08
FY 2006 A Q1 2007 A Q2 2007 A Q3 2007 A Q4 2007 A FY 2007 A Q1 2008 A Q2 2008 A Q3 2008 A
3297 4313 2434 5457 3728 3728 4413 5202 6154
14517 15207 18247 16879 18538 18538 20266 17491 18279
17814 19520 20681 22336 22266 22266 24679 22693 24433
3303 3091 2908 3238 3989 3989 3418 4165 4183
1371 1477 1642 1289 1322 1322 1315 1267 1279
1604 1582 1673 1755 1953 1953 1916 2048 2078
1584 1581 1612 1922 2044 2044 2127 2269 2172
25676 27251 28516 30540 31574 31574 33455 32442 34145
3440 3444 3539 3695 3893 3893 3956 3973 4045
9227 9298 9318 9493 12121 12121 12158 12390 12419
2161 2065 1960 1909 2540 2540 2379 2338 2181
2811 2850 2921 3198 3212 3212 3754 4157 4333
0
0
43315 44908 46254 48835 53340 53340 55702 55300 57123
0 0 0 0 0 0 0 0 500
880 869 931 864 786 786 820 763 808
1744 1605 1330 1525 1740 1740 439 96 83
1516 1487 1589 1791 2019 2019 1920 1981 2320
4408 4546 4718 4854 5391 5391 5381 5786 6103
2765 2774 2923 2938 3422 3422 3660 3567 3545
0
11313 11281 11491 11972 13358 13358 12220 12193 13359
6332 6455 6416 6478 6408 6408 6582 6851 6415
0 0 0 0 0 0 682 791 1015
1241 1219 1343 1485 1646 1646 1726 2197 2487
511 410 414 373 438 438 489 375 646
6 14 8 9 10 10 131 81 63
24257 25419 27245 28411 30687 30687 32510 32773 32931
(617) (233) (1083) (457) 231 231 121 (1073) (843)
272 343 420 564 562 562 1241 1112 1050
23912 25529 26582 28518 31480 31480 33872 32812 33138
43315 44908 46254 48835 53340 53340 55702 55300 57123
0 0 0 0 0 0 0 0 0
9
Jul-08
Q4 2008 A FY 2008 A
5191 5191
21044 21044
26235 26235
3821 3821
1235 1235
2075 2075
2333 2333
35699 35699
4151 4151
12392 12392
2089 2089
4403 4403
58734 58734
500 500
869 869
107 107
2428 2428
6197 6197
3757 3757
13858 13858
6393 6393
749 749
2663 2663
669 669
49 49
0
33505 33505
120 120
728 728
34353 34353
58734 58734
0 0
CISCO Systems Inc.
Cash Flow Statement
(in $ millions, except per share/ADS data)
Oct-06 Jan-07
Q1 2007 A Q2 2007 A
YTD/QTD Cash Flow 3M 6M
Net Income 1608 3529
Adjustments
Depreciation and Amortization 348 690
Employee Share-Based Compensation 225 472
Stock Based Compensation Related to Acquisition 10 19
Provistion for Doubtful Accounts 6 0
Deferred Income Taxes 60 -66
Excess Tax Benefits from Share-Based Compensation -151 -428
In-Process Research and Development 4 6
Net Gains and Impairment Charges on Investments -48 -99
Change in Operating Asssets and Liabilities, Net of Effects of Acquisition:
Accounts Receivable 206 395
lease Receivables,net -22 -66
Inventories -106 -271
Prepaid Expenses and Other Current Assets -16 -39
Accounts Payable -11 51
Income Taxes Payable 48 104
Accrued Compensation -29 73
Deferred Revenue 116 412
Other Accrued Liabilities 23 147
Net Cash Provided by Operating Activities 2271 4929
Cash Flow from Investing Activities
Purchases of Investments -4771 -11184
Proceeds from Sales and Maturities of Investmens 4268 7762
Acquisition of Property and Equipment -214 -548
Acquisition of Businesses, Net of Cash and Cash Equivalents -121 -166
Change in Investment in Privately Held Companies -48 -76
Other -41 -27
Net Cash Used in Investing Activities -927 -4239
Cash Flows from Financing Activities
Issuance of Common Stock 1019 2779
Repruchase of Common Stock -1500 -4781
Proceeds from the Termination of Interest Rate Swaps 0 0
Excess Tax Benefits from Share-Based Compensation 151 428
Other 2 21
Net Cash Used in Financing Activities -328 -1553
Net Increase in Cash and Cash Equivalents 1016 -863
Cash and Cash Equivalents, Beginning of Fiscal year 3297 3297
Cash and Cash Equivalents, End of Fiscal year 4313 2434
Checksum 0 0
Apr-07 Jul-07 Oct-07 Jan-08 Apr-08 Jul-08
Q3 2007 A Q4 2007 A Q1 2008 A Q2 2008 A Q3 208 A Q4 2008 A
9M 12M 3M 6M 9M 12M
5403 7333 2205 4265 6038 8052
1039 1413 421 878 1314 1744
709 931 226 499 767 1025
27 34 24 45 67 87
6 6 18 29 34 34
-302 -622 -491 -632 -876 -772
-648 -918 -252 -338 -375 -413
7 81 3 3 3 3
-154 -210 -54 -104 -109 -103
60 -597 554 -196 -219 171
82 -156 -127 -260 54 -488
-131 61 7 66 -320 104
-17 -452 81 38 12 -361
535 -107 32 -33 405 62
275 1104 394 220 301 178
690 479 -99 -38 1553 351
-355 1293 70 946 -357 1812
140 431 77 144 268 603
7366 10104 3089 5532 8560 12089
-15342 -20532 -4360 -7846 -14093 -22399
13438 17368 3526 9453 14761 19990
-912 -1251 -296 -591 -908 -1268
-387 -3684 -45 -385 -385 -398
-81 -92 -20 -55 -63 -101
-87 -151 -65 -111 6 -17
-3371 -8342 -1260 465 -682 -4193
3719 5306 1539 2165 2501 3117
-6281 -7681 -2993 -7120 -8982 -10441
0 0 0 0 432 432
648 918 252 338 375 413
79 126 58 94 222 46
-1835 -1331 -1144 -4523 -5452 -6433
2160 431 685 1474 2426 1463
3297 3297 3728 3728 3728 3728
5457 3728 4413 5202 6154 5191
0 0 0 0 0 0