Google 2009 Annual Report Download - page 80

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Google Inc.
CONSOLIDATED STATEMENTS OF INCOME
(In thousands, except per share amounts)
Year Ended December 31,
2007 2008 2009
Revenues .................................................. $16,593,986 $21,795,550 $23,650,563
Costs and expenses:
Cost of revenues (including stock-based compensation
expense of $22,335, $41,340, $47,051) ................. 6,649,085 8,621,506 8,844,115
Research and development (including stock-based
compensation expense of $569,797, $732,418,
$725,342) ........................................... 2,119,985 2,793,192 2,843,027
Sales and marketing (including stock-based compensation
expense of $131,638, $206,020, $231,019) ............. 1,461,266 1,946,244 1,983,941
General and administrative (including stock-based
compensation expense of $144,876, $139,988,
$160,642) ........................................... 1,279,250 1,802,639 1,667,294
Total costs and expenses ..................................... 11,509,586 15,163,581 15,338,377
Income from operations ...................................... 5,084,400 6,631,969 8,312,186
Impairment of equity investments ............................. — (1,094,757) —
Interest income and other, net ................................ 589,580 316,384 69,003
Income before income taxes .................................. 5,673,980 5,853,596 8,381,189
Provision for income taxes ................................... 1,470,260 1,626,738 1,860,741
Net income ................................................. $ 4,203,720 $ 4,226,858 $ 6,520,448
Net income per share of Class A and Class B common stock:
Basic .................................................. $ 13.53 $ 13.46 $ 20.62
Diluted ................................................ $ 13.29 $ 13.31 $ 20.41
See accompanying notes.
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