Salesforce.com 2007 Annual Report Download - page 56

Download and view the complete annual report

Please find page 56 of the 2007 Salesforce.com annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 99

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99

Table of Contents
salesforce.com, inc.
Consolidated Balance Sheets
(in thousands, except share and per share data)
January 31,
2008
January 31,
2007
Assets
Current assets:
Cash and cash equivalents $ 279,095 $ 86,608
Short-term marketable securities 171,748 165,816
Accounts receivable, net of allowance for doubtful accounts of $906 and $1,223 at January 31, 2008 and 2007, respectively 220,061 128,693
Deferred commissions 35,679 22,072
Deferred income taxes 7,173 228
Prepaid expenses and other current assets 27,055 15,679
Total current assets 740,811 419,096
Marketable securities, noncurrent 218,957 160,088
Fixed assets, net 41,380 30,155
Deferred commissions, noncurrent 16,435 9,478
Deferred income taxes, noncurrent 26,512 20,625
Capitalized software, net 23,061 10,983
Goodwill 8,556 6,705
Other assets 13,881 7,702
Total assets $1,089,593 $ 664,832
Liabilities and stockholders' equity
Current liabilities:
Accounts payable $ 7,478 $ 8,870
Accrued expenses and other current liabilities 125,996 77,327
Income taxes payable 3,622 6,739
Deferred revenue 468,821 280,255
Total current liabilities 605,917 373,191
Income taxes payable, noncurrent 8,465 —
Long-term lease abandonment liability and other 2,136 1,408
Deferred revenue, noncurrent 12,073 3,808
Minority interest 8,943 4,634
Total liabilities 637,534 383,041
Commitments and contingencies (Note 8)
Stockholders' equity:
Preferred stock, $0.001 par value; 5,000,000 shares authorized and none outstanding at January 31, 2008 and 2007 — —
Common stock, $0.001 par value; 400,000,000 shares authorized, 119,305,013 and 114,537,560 issued and outstanding at
January 31, 2008 and 2007, respectively 119 115
Additional paid-in capital 471,802 319,496
Accumulated other comprehensive loss (2,276) (2,187)
Accumulated deficit (17,586) (35,633)
Total stockholders' equity 452,059 281,791
Total liabilities and stockholders' equity $1,089,593 $ 664,832
See accompanying Notes to Consolidated Financial Statements.
53