HP 2012 Annual Report Download - page 46

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ITEM 6. Selected Financial Data.
The information set forth below is not necessarily indicative of results of future operations and
should be read in conjunction with Item 7, ‘‘Management’s Discussion and Analysis of Financial
Condition and Results of Operations,’’ and the Consolidated Financial Statements and notes thereto
included in Item 8, ‘‘Financial Statements and Supplementary Data,’’ of this Form 10-K, which are
incorporated herein by reference, in order to understand further the factors that may affect the
comparability of the financial data presented below.
HEWLETT-PACKARD COMPANY AND SUBSIDIARIES
Selected Financial Data
For the fiscal years ended October 31
2012 2011 2010 2009 2008
In millions, except per share amounts
Net revenue .......................... $120,357 $127,245 $126,033 $114,552 $118,364
(Loss) earnings from operations(1) .......... $(11,057) $ 9,677 $ 11,479 $ 10,136 $ 10,473
Net (loss) earnings ..................... $(12,650) $ 7,074 $ 8,761 $ 7,660 $ 8,329
Net (loss) earnings per share
Basic ............................. $ (6.41) $ 3.38 $ 3.78 $ 3.21 $ 3.35
Diluted ........................... $ (6.41) $ 3.32 $ 3.69 $ 3.14 $ 3.25
Cash dividends declared per share .......... $ 0.50 $ 0.40 $ 0.32 $ 0.32 $ 0.32
At year-end:
Total assets ......................... $108,768 $129,517 $124,503 $114,799 $113,331
Long-term debt ..................... $ 21,789 $ 22,551 $ 15,258 $ 13,980 $ 7,676
(1) (Loss) earnings from operations include the following items, which may materially affect the
comparability of the earnings data presented:
2012 2011 2010 2009 2008
In millions
Amortization of purchased intangible assets ....... $ 1,784 $1,607 $1,484 $1,578 $1,012
Impairment of goodwill and purchased intangible
assets ................................. 18,035 885———
Wind down of webOS device business ........... (36) 755———
Wind down of non-strategic businesses ........... 108————
Restructuring charges ....................... 2,266 645 1,144 640 270
Acquisition-related charges ................... 45 182 293 242 41
Total charges before taxes .................... $22,202 $4,074 $2,921 $2,460 $1,323
Total charges, net of taxes .................... $20,685 $3,130 $2,105 $1,733 $ 973
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