Amazon.com 2004 Annual Report Download - page 54

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funds. Fixed rate securities may have their fair value adversely affected due to a rise in interest rates, and we may
suffer losses in principal if forced to sell securities that have declined in fair value due to changes in interest
rates.
The following table provides information about our cash equivalent and marketable fixed income securities,
including principal cash flows by expected maturity and the related weighted average interest rates at December
31, 2004 (in thousands, except percentages):
2005 2006 2007 2008 2009 Thereafter Total
Estimated
Fair Value at
December 31,
2004
Commercial paper and
short-term
obligations .......... $ 122,073 $ — $ — $ — $ — $ — $ 122,073 $ 124,215
Weighted average interest
rate ................ 2.10% ———— — 2.10%
Certificates of deposit . . . 496,412 ———— —496,412496,412
Weighted average interest
rate ................ 2.52% ———— — 2.52%
Corporate notes and
bonds .............. 240,213 3,760 2,900 8,000 13,390 — 268,263 275,058
Weighted average interest
rate ................ 2.25% 3.45% 4.00% 4.00% 4.00% — 2.43%
Asset-backed and agency
securities ........... 136,202 134,754 21,127 21,570 8,500 — 322,153 323,245
Weighted average interest
rate ................ 2.32% 4.01% 3.58% 3.00% 3.00% — 3.17%
Treasury notes and
bonds .............. 11,845 67,205 32,620 21,100 10,500 — 143,270 140,728
Weighted average interest
rate ................ 2.43% 2.87% 3.18% 3.00% 3.00% — 2.93%
Cash equivalents and
marketable fixed-
income securities ..... $1,006,745 $205,719 $56,647 $50,670 $32,390 $ — $1,352,171 $1,359,658
46