Electronic Arts 2002 Annual Report Download - page 69
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Please find page 69 of the 2002 Electronic Arts 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.EA CORE ADJUSTMENTS
(EXCLUDING AND ELECTRONIC
YEAR ENDED MARCH 31, 2001 EA.COM) EA.COM ELIMINATIONS ARTS
Net revenues from
unaffiliated customers $ 1,280,172 $ 42,101 $ — $1,322,273
Group sales 2,658 — (2,658)(a) —
Total net revenues 1,282,830 42,101 (2,658) 1,322,273
Cost of goods sold from
unaffiliated customers 640,239 12,003 — 652,242
Group cost of goods sold — 2,658 (2,658)(a) —
Total cost of goods sold 640,239 14,661 (2,658) 652,242
Gross profit 642,591 27,440 — 670,031
Operating expenses:
Marketing and sales 163,928 12,475 8,933(c) 185,336
General and administrative 93,885 10,156 — 104,041
Research and development 248,534 77,243 63,151(b) 388,928
Network development and support — 51,794 (51,794)(b) —
Customer relationship management — 11,357 (11,357)(b) —
Carriage fee — 8,933 (8,933)(c) —
Amortization of intangibles 12,829 6,494 — 19,323
Charge for acquired
in-process technology — 2,719 — 2,719
Total operating expenses 519,176 181,171 — 700,347
Operating income (loss) 123,415 (153,731) — (30,316)
Interest and other income, net 16,659 227 — 16,886
Income (loss) before benefit
from income taxes and
minority interest 140,074 (153,504) — (13,430)
Benefit from income taxes (4,163) — — (4,163)
Income (loss) before minority interest 144,237 (153,504) — (9,267)
Minority interest in
consolidated joint venture (1,815) — — (1,815)
Net income (loss) before retained
interest in EA.com $ 142,422 $ (153,504) $ — $ (11,082)
Interest income $ 17,809 $ 94 $ — $ 17,903
Depreciation and amortization 45,382 33,219 — 78,601
Identifiable assets 1,167,846 211,072 — 1,378,918
Capital expenditures 51,460 68,887 — 120,347
EA 2002 AR 65