Intel 1997 Annual Report Download - page 63

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Notes to consolidated
financial statements
Geographic information for the three years ended December 27, 1997 is presented in the following tables. Transfers between geographic areas
are accounted for at amounts that are generally above cost and consistent with rules and regulations of governing tax authorities. Such transfers
are eliminated in the consolidated financial statements. Operating income by geographic segment does not include an allocation of general
corporate expenses. Identifiable assets are those that can be directly associated with a particular geographic area. Corporate assets include cash
and cash equivalents, short-term investments, trading assets, deferred tax assets, long-term investments and certain other assets.
Supplemental information (unaudited)
Quarterly information for the two years ended December 27, 1997 is presented on page 25.
Transfers
Sales to between
(In millions) unaffiliated geographic Net Operating Identifiable
1997 customers areas revenues income assets
------------------------------------------------------------------------------------------------
United States $ 11,053 $ 12,155 $ 23,208 $ 7,734 $ 15,542
Europe 6,774 1,101 7,875 1,056 2,463
Asia-Pacific 4,754 2,659 7,413 549 1,849
Japan 2,489 26 2,515 184 394
Other -- 1,127 1,127 692 626
Eliminations -- (17,068) (17,068) 513 (4,365)
Corporate -- -- -- (841) 12,371
-------- -------- -------- -------- --------
Consolidated $ 25,070 $ -- $ 25,070 $ 9,887 $ 28,880
======== ======== ======== ======== ========
1996
------------------------------------------------------------------------------------------------
United States $ 8,668 $ 9,846 $ 18,514 $ 5,255 $ 12,982
Europe 5,876 917 6,793 1,118 2,405
Asia-Pacific 3,844 2,004 5,848 509 1,361
Japan 2,459 20 2,479 340 659
Other -- 865 865 529 359
Eliminations -- (13,652) (13,652) 453 (3,439)
Corporate -- -- -- (651) 9,408
-------- -------- -------- -------- --------
Consolidated $ 20,847 $ -- $ 20,847 $ 7,553 $ 23,735
======== ======== ======== ======== ========
1995
------------------------------------------------------------------------------------------------
United States $ 7,922 $ 6,339 $ 14,261 $ 3,315 $ 12,603
Europe 4,560 1,190 5,750 1,383 2,517
Asia-Pacific 1,983 1,566 3,549 271 893
Japan 1,737 28 1,765 353 665
Other -- 684 684 410 329
Eliminations -- (9,807) (9,807) 124 (3,651)
Corporate -- -- -- (604) 4,148
-------- -------- -------- -------- --------
Consolidated $ 16,202 $ -- $ 16,202 $ 5,252 $ 17,504
======== ======== ======== ======== ========