IBM 2009 Annual Report Download - page 125

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Notes to Consolidated Financial Statements
INTERNATIONAL BUSINESS MACHINES CORPORATION AND SUBSIDIARY COMPANIES
Management System Segment View
($ in millions)
Global Services Segments
Global Global
Technology Business Systems and Global Total
For the year ended December 31: Services Services Software Technology Financing Segments
2009:
External revenue $37,347 $17,653 $21,396 $ 16,190 $2,302 $ 94,889
Internal revenue 1,386 887 2,677 911 1,774 7,635
Total revenue $38,734 $18,540 $24,073 $17,102 $4,076 $102,524
Pre-tax income $ 5,537 $ 2,555 $ 8,095 $ 1,419 $1,730 $ 19,335
Revenue year-to-year change (5.1)% (10.3)% (3.1)% (15.2)% (8.4)% (7.6)%
Pre-tax income year-to-year change 20.2% (4.7)% 14.4% (8.5)% 7.0% 10.3%
Pre-tax income margin 14.3% 13.8% 33.6% 8.3% 42.4% 18.9%
2008:
External revenue $39,264 $19,628 $22,089 $ 19,287 $2,559 $102,827
Internal revenue 1,546 1,044 2,761 882 1,892 8,125
Total revenue $40,810 $20,671 $24,850 $20,169 $4,451 $110,951
Pre-tax income $ 4,607 $ 2,681 $ 7,075 $ 1,550 $1,617 $ 17,531
Revenue year-to-year change 8.1% 7.5% 10.9% (9.6)% 11.7% 5.0%
Pre-tax income year-to-year change 29.5% 29.9% 17.9% (28.0)% 16.7% 15.6%
Pre-tax income margin 11.3% 13.0% 28.5% 7.7% 36.3% 15.8%
2007:
External revenue $36,103 $18,041 $19,982 $21,317 $2,502 $ 97,944
Internal revenue 1,636 1,193 2,416 998 1,482 7,726
Total revenue $37,739 $19,234 $22,398 $22,315 $3,984 $105,670
Pre-tax income $ 3,557 $ 2,064 $ 6,002 $ 2,153 $1,386 $ 15,163
Revenue year-to-year change 10.7% 10.9% 9.7% (3.6)% 2.4% 6.9%
Pre-tax income year-to-year change 8.2% 21.0% 9.3% 23.8% (4.7)% 10.8%
Pre-tax income margin 9.4% 10.7% 26.8% 9.6% 34.8% 14.3%
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