AMD 1997 Annual Report Download - page 76

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ADVANCED MICRO DEVICES, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS--(CONTINUED)
4. FINANCIAL INSTRUMENTS
AVAILABLE-FOR-SALE SECURITIES
Available-for-sale securities as of December 28, 1997, and December 29, 1996,
were as follows:
GROSS GROSS FAIR
UNREALIZED UNREALIZED MARKET
COST GAINS LOSSES VALUE
-------- ---------- ---------- --------
(THOUSANDS)
1997
Cash equivalents:
Commercial paper...................... $ 14,901 $ 14 $ -- $ 14,915
Federal agency notes.................. 22,860 -- (79) 22,781
-------- ------ ----- --------
Total cash equivalents.............. $ 37,761 $ 14 $ (79) $ 37,696
======== ====== ===== ========
Short-term investments:
Money market auction rate preferred
stocks............................... $ 61,200 $ -- $ -- $ 61,200
Certificates of deposit............... 50,025 345 (10) 50,360
Treasury notes........................ 9,989 9 -- 9,998
Corporate notes....................... 37,862 127 (4) 37,985
Federal agency notes.................. 47,283 4 (70) 47,217
Commercial paper...................... 19,379 235 -- 19,614
-------- ------ ----- --------
Total short-term investments........ $225,738 $ 720 $ (84) $226,374
======== ====== ===== ========
Long-term investments:
Equity investments.................... $ 6,087 $1,341 $ -- $ 7,428
Treasury notes........................ 1,997 95 -- 2,092
-------- ------ ----- --------
Total long-term investments......... $ 8,084 $1,436 $ -- $ 9,520
======== ====== ===== ========
1996
Cash equivalents:
Commercial paper...................... $ 42,699 $ -- $(148) $ 42,551
Federal agency notes.................. 32,805 -- (107) 32,698
Other debt securities................. 458 -- -- 458
-------- ------ ----- --------
Total cash equivalents.............. $ 75,962 $ -- $(255) $ 75,707
======== ====== ===== ========
Short-term investments:
Money market auction rate preferred
stocks............................... $ 5,000 $ -- $ -- $ 5,000
Certificates of deposit............... 48,113 7 (8) 48,112
Treasury notes........................ 52,812 8 (76) 52,744
Corporate notes....................... 18,967 -- (13) 18,954
Commercial paper...................... 94,506 688 -- 95,194
-------- ------ ----- --------
Total short-term investments........ $219,398 $ 703 $ (97) $220,004
======== ====== ===== ========
Long-term investments:
Equity investments.................... $ 15,281 $4,467 $ -- $ 19,748
Treasury notes........................ 2,015 2 -- 2,017
-------- ------ ----- --------
Total long-term investments......... $ 17,296 $4,469 $ -- $ 21,765
======== ====== ===== ========
The net gain realized on the sale of available-for-sale securities was $5
million, $41 million and $3 million for 1997, 1996 and 1995, respectively.
F-11
Source: ADVANCED MICRO DEVIC, 10-K405, March 03, 1998