Google 2010 Annual Report Download - page 63
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Google Inc.
CONSOLIDATED STATEMENTS OF INCOME
(In millions, except per share amounts)
Year Ended December 31,
2008 2009 2010
Revenues ................................................................ $21,796 $23,651 $ 29,321
Costs and expenses:
Cost of revenues (including stock-based compensation expense of $41, $47,
$67) ............................................................. 8,622 8,844 10,417
Research and development (including stock-based compensation expense
of $732, $725, $861) ............................................... 2,793 2,843 3,762
Sales and marketing (including stock-based compensation expense of
$206, $231, $261) ................................................. 1,946 1,984 2,799
General and administrative (including stock-based compensation expense
of $141, $161, $187) ................................................ 1,803 1,668 1,962
Total costs and expenses .................................................. 15,164 15,339 18,940
Income from operations ................................................... 6,632 8,312 10,381
Impairment of equity investments .......................................... (1,095) 0 0
Interestandotherincome,net.............................................. 316 69 415
Income before income taxes ............................................... 5,853 8,381 10,796
Provision for income taxes ................................................. 1,626 1,861 2,291
Net income .............................................................. $ 4,227 $ 6,520 $ 8,505
Net income per share of Class A and Class B common stock:
Basic ............................................................... $ 13.46 $ 20.62 $ 26.69
Diluted .............................................................. $ 13.31 $ 20.41 $ 26.31
See accompanying notes.
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