Cisco 2004 Annual Report Download - page 3
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Please find page 3 of the 2004 Cisco annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.2004ANNUALREPORT1
CONTENTS
Introduction 1
LettertoShareholders 12
StatementofResponsibility 16
SelectedFinancialData 17
Management’sDiscussionandAnalysisof 18
FinancialConditionandResultsofOperations
QuantitativeandQualitativeDisclosures 36
AboutMarketRisk
ConsolidatedStatementsofOperations 38
ConsolidatedBalanceSheets 39
ConsolidatedStatementsofCashFlows 40
ConsolidatedStatementsofShareholders’Equity 41
NotestoConsolidatedFinancialStatements 42
ReportofIndependentRegistered 66
PublicAccountingFirm
SupplementaryFinancialDataand 67
StockMarketInformation
ShareholderInformation 68
IN1984,CISCOSYSTEMSSTARTED ACOMMUNICATIONSREVOLUTION
Byconnectingtwodisparatenetworkswitharouter,Cisco
enabledcomputerstosharedataasneverbefore.Today,
networksaremuchmorethanrouters,andnetworksdo
muchmorethansharedata.
Sincethecompany’sinception,Ciscoengineershave
ledintheinnovationofInternetProtocol(IP)-based
networkingtechnologies.Overthepast20years,we’ve
addedswitchesandhubs,gatewaysandfirewalls,
telephonesandwirelesscards.We’vejoinedvoiceand
dataonthesamenetwork.We’vetakennetworksinto
people’shomes.We’vebuiltnetworksforthesmallest
start-upsandthelargestmultinationals.We’vemade
networksthataredesignedtodefendthemselves
againstsecuritythreats.We’vedeliverednetworksthat
don’tusewires.We’vecombinedsoftwareandhardware,
expertiseandexperience.We’vemadenetworkssmarter,
bigger,andfaster.We’veevolvedthenetworktothe
networkofnetworks.
Andwe’renotdoneinnovating.Evenaswecelebrate
20yearsofinnovation,we’rebusytodaybuildingthe
networksoftomorrow.Networksthatarechanging
thewaywework,live,play,andlearn.