Dell 2005 Annual Report Download - page 64

Download and view the complete annual report

Please find page 64 of the 2005 Dell 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.

Page out of 80

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80

Table of Contents
Fiscal Year Ended
February 3, January 28, January 30,
2006 2005 2004
(in millions)
Supplemental Consolidated Statements of Cash
Flows Information:
Changes in operating working capital accounts:
Accounts receivable, net $ (652) $ (550) $ (597)
Financing receivables, net (377) (274) (335)
Inventories (119) (130) (53)
Accounts payable 1,004 1,595 1,283
Accrued and other liabilities 799 1,538 867
Other, net (722) (424) (293)
$ (67) $ 1,755 $ 872
Income taxes paid $ 996 $ 575 $ 699
Interest paid $ 39 $ 31 $ 30
NOTE 11 — Unaudited Quarterly Results
The following tables contain selected unaudited consolidated statements of income and stock sales price data for each quarter of fiscal 2006
and 2005:
Fiscal Year 2006
4th 3rd 2nd 1st
Quarter Quarter(a) Quarter(b) Quarter
(in millions, except per share data)
Net revenue $ 15,183 $ 13,911 $ 13,428 $ 13,386
Gross margin $ 2,709 $ 2,251 $ 2,499 $ 2,491
Net income $ 1,012 $ 606 $ 1,020 $ 934
Earnings per common share(d):
Basic $ 0.43 $ 0.25 $ 0.42 $ 0.38
Diluted $ 0.43 $ 0.25 $ 0.41 $ 0.37
Weighted average shares outstanding:
Basic 2,350 2,395 2,418 2,456
Diluted 2,375 2,435 2,478 2,515
Stock sales prices per share:
High $ 32.89 $ 40.84 $ 41.54 $ 41.76
Low $ 29.00 $ 31.06 $ 34.96 $ 34.83
61