eBay 2002 Annual Report Download - page 119

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eBay Inc.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS Ì (CONTINUED)
Three Months Ended March 31,
2001 2002
U.S. International Payments Consolidated U.S. International Payments Consolidated
(Unaudited)
Net revenues from
external customers $ 133,636 $ 17,904 $ 2,550 $ 154,090 $ 187,768 $ 52,551 $ 4,787 $ 245,106
Direct costsÏÏÏÏÏÏÏÏÏ 55,479 11,774 3,003 70,256 69,153 23,954 5,413 98,520
Direct contribution 78,157 6,130 (453) 83,834 118,615 28,597 (626) 146,586
Operating expenses
and indirect costs
of sales ÏÏÏÏÏÏÏÏÏÏ 53,124 75,870
Income from
operations ÏÏÏÏÏÏ 30,705 70,716
Interest and other
income and
expense, net ÏÏÏÏÏÏ 14,978 7,387
Interest expense ÏÏÏÏÏ (712) (685)
Impairment of certain
equity investments (9,921) (1,181)
Income before income
taxes and minority
interest ÏÏÏÏÏÏÏÏÏÏ $ 35,050 $ 76,237
March 31, 2001 March 31, 2002
U.S. International Payments Consolidated U.S. International Payments Consolidated
Total assetsÏÏÏÏÏÏÏÏÏ $1,021,298 $198,426 $37,305 $1,257,029 $1,391,311 $361,956 $35,747 $1,789,014
Three Months Ended June 30,
2001 2002
U.S. International Payments Consolidated U.S. International Payments Consolidated
(Unaudited)
Net revenues from
external customers $ 150,761 $ 25,936 $ 4,208 $ 180,905 $ 197,260 $ 64,309 $ 4,718 $ 266,287
Direct costsÏÏÏÏÏÏÏÏÏ 59,938 13,706 4,450 78,094 68,697 29,632 6,149 104,478
Direct contribution 90,823 12,230 (242) 102,811 128,563 34,677 (1,431) 161,809
Operating expenses
and indirect costs
of sales ÏÏÏÏÏÏÏÏÏÏ 67,357 82,368
Income from
operations ÏÏÏÏÏÏ 35,454 79,441
Interest and other
income and
expense, net ÏÏÏÏÏÏ 10,147 9,001
Interest expense ÏÏÏÏÏ (959) (698)
Impairment of certain
equity investments Ì Ì
Income before income
taxes and minority
interest ÏÏÏÏÏÏÏÏÏÏ $ 44,642 $ 87,744
June 30, 2001 June 30, 2002
U.S. International Payments Consolidated U.S. International Payments Consolidated
Total assetsÏÏÏÏÏÏÏÏÏ $1,116,561 $323,222 $35,874 $1,475,657 $1,500,313 $436,709 $33,001 $1,970,023
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