Google 2009 Annual Report Download - page 101
Download and view the complete annual report
Please find page 101 of the 2009 Google 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.-
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
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91 -
92 -
93 -
94 -
95 -
96 -
97 -
98 -
99 -
100 -
101 -
102 -
103 -
104 -
105 -
106 -
107 -
108 -
109 -
110 -
111 -
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
 |
 |
Google Inc.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
The following table presents reconciliations for our assets measured and recorded at fair value on a recurring
basis, using significant unobservable inputs (Level 3) (in thousands):
Level 3
Balance at December 31, 2007 ..................................................... $ —
Transfers to Level 3 ............................................................... 311,225
Change in unrealized loss included in other comprehensive income ..................... (35,485)
Net settlements ................................................................... (78,379)
Balance at December 31, 2008 ..................................................... 197,361
Change in unrealized loss included in other comprehensive income ..................... 12,071
Net settlements ................................................................... (27,748)
Balance at December 31, 2009 ..................................................... $181,684
Note 6. Property and Equipment
Property and equipment consist of the following (in thousands):
As of December 31,
2008 2009
Information technology assets ................................................ $3,573,499 $3,868,287
Construction in progress ..................................................... 1,643,136 1,643,630
Land and buildings .......................................................... 1,725,336 1,907,532
Leasehold improvements ..................................................... 572,908 645,876
Furniture and fixtures ........................................................ 61,462 64,809
Total .................................................................. 7,576,341 8,130,134
Less accumulated depreciation and amortization ................................ 2,342,498 3,285,524
Property and equipment, net .................................................. $5,233,843 $ 4,844,610
Note 7. Acquisitions
During the year ended December 31, 2009, we completed ten acquisitions for a total cash consideration of
$91.6 million. Goodwill is not deductible for tax purposes. Patents and developed technology have a weighted-
average useful life of 4.0 years and customer relationships have a weighted-average useful life of 6.4 years.
The following table summarizes the allocation of the purchase price for all of the above acquisitions (in
thousands):
Goodwill .................................................................................... $60,798
Patents and developed technology ............................................................. 29,770
Customer relationships ....................................................................... 8,900
Net liabilities assumed ........................................................................ (105)
Deferred tax liabilities ........................................................................ (7,764)
Total .................................................................................. $91,599
On August 5, 2009, we entered into an Agreement and Plan of Merger with On2 Technologies, Inc. (On2), a
publicly-held company and developer of video compression technology. In January 2010, we entered into an
83