ADT 2002 Annual Report Download - page 140

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dialogue with the Staff, however, and the review is not yet complete. We are working to resolve the
remaining comments that the Staff has made on our periodic filings as expeditiously as possible. We
cannot assure you the resolution of the remaining Staff comments will not necessitate further
amendments or restatements to our previously-filed periodic reports.
The impact on the Consolidated Statements of Operations, Consolidated Balance Sheets and
Consolidated Statements of Cash Flow, as a result of the above adjustments, is as follows (in millions,
except per share data). The amounts previously reported are derived from the original Form 10-K for
the year ended September 30, 2002 filed on December 30, 2002.
Fiscal 2002 Fiscal 2001 Fiscal 2000
Amounts Amounts Amounts
Previously As Previously As Previously As
Reported Restated Reported Restated Reported Restated
Statements of Operations:
Revenues from product sales .............. $28,794.8 $28,741.8 $28,987.4 $28,953.1 $24,958.4 $24,959.1
Service revenue ....................... 6,848.9 6,848.0 5,049.2 5,049.0 3,973.5 3,968.4
Net revenues ......................... 35,643.7 35,589.8 34,036.6 34,002.1 28,931.9 28,927.5
Cost of product sales ................... 19,510.8 19,495.1 18,334.4 18,319.7 15,959.8 15,983.1
Cost of services ....................... 3,570.2 3,570.2 2,615.9 2,615.9 1,971.4 1,971.4
Selling, general and administrative expenses .... 8,086.8 8,181.6 6,361.5 6,745.3 5,252.0 5,500.7
Restructuring and other charges, net ......... 1,203.9 1,124.3 233.6 400.4 175.3 175.3
Charges for impairment of long-lived assets .... 3,489.5 3,309.5 120.1 120.1 99.0 99.0
Goodwill impairment ................... 1,343.7 1,343.7 ————
Write-off of purchased in-process research and
development ....................... 17.8 17.8 184.3 184.3 — —
Operating (loss) income ................ (1,579.0) (1,452.4) 6,186.8 5,616.4 5,474.4 5,198.0
Interest income ....................... 117.3 117.3 128.3 128.3 75.2 75.2
Interest expense ....................... (1,077.0) (1,077.0) (904.8) (904.8) (844.8) (844.8)
Other (expense) income, net .............. (233.0) (216.6) 250.3 250.3 (0.3) (0.3)
Net (loss) gain on sale of common shares of
subsidiary ......................... (39.6) — 64.1 24.5 1,760.0 1,760.0
(Loss) income from continuing operations before
taxes and minority interest .............. (2,811.3) (2,628.7) 5,724.7 5,114.7 6,464.5 6,188.1
Income taxes ......................... (257.7) (208.1) (1,275.7) (1,172.3) (1,925.9) (1,850.9)
Minority interest ...................... (1.4) (1.4) (47.5) (47.5) (18.7) (18.7)
(Loss) income from continuing operations ..... (3,070.4) (2,838.2) 4,401.5 3,894.9 4,519.9 4,318.5
(Loss) income from discontinued operations, net
of tax ............................ (6,282.5) (6,282.5) 252.5 252.5 — —
Loss on sale of Tyco Capital, net of tax ....... (58.8) (58.8) ————
(Loss) income before cumulative effect of
accounting changes ................... (9,411.7) (9,179.5) 4,654.0 4,147.4 4,519.9 4,318.5
Cumulative effect of accounting change, net of
tax .............................. — — (683.4) (683.4) — —
Net (loss) income ...................... $(9,411.7) $ (9,179.5) $ 3,970.6 $ 3,464.0 $ 4,519.9 $ 4,318.5
Basic net (loss) income per common share .... $ (4.73) $ (4.62) $ 2.20 $ 1.92 $ 2.68 $ 2.56
Diluted net (loss) income per common share . . . (4.73) (4.62) 2.17 1.89 2.64 2.52
138