eBay 2002 Annual Report Download - page 120

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eBay Inc.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS Ì (CONTINUED)
Three Months Ended September 30,
2001 2002
U.S. International Payments Consolidated U.S. International Payments Consolidated
(Unaudited)
Net revenues from
external customers $ 159,014 $ 30,231 $ 5,180 $ 194,425 $ 206,491 $ 76,194 $ 6,094 $ 288,779
Direct costsÏÏÏÏÏÏÏÏÏ 63,832 16,662 5,198 85,692 76,284 31,754 7,222 115,260
Direct contribution 95,182 13,569 (18) 108,733 130,207 44,440 (1,128) 173,519
Operating expenses
and indirect costs
of sales ÏÏÏÏÏÏÏÏÏÏ 76,084 83,402
Income from
operations ÏÏÏÏÏÏ 32,649 90,117
Interest and other
income and
expense, net ÏÏÏÏÏÏ 9,302 8,729
Interest expense ÏÏÏÏÏ (458) (50)
Impairment of certain
equity investments (6,324) (2,600)
Income before income
taxes and minority
interest ÏÏÏÏÏÏÏÏÏÏ $ 35,169 $ 96,196
September 30, 2001 September 30, 2002
U.S. International Payments Consolidated U.S. International Payments Consolidated
Total assetsÏÏÏÏÏÏÏÏÏ $1,184,883 $327,321 $36,403 $1,548,607 $1,581,387 $467,782 $31,396 $2,080,565
Three Months Ended December 31,
2001 2002
U.S. International Payments Consolidated U.S. International Payments Consolidated
(Unaudited)
Net revenues from
external customers $ 173,600 $ 40,091 $ 5,710 $ 219,401 $ 225,078 $109,082 $ 79,768 $ 413,928
Direct costs ÏÏÏÏÏÏÏÏ 67,415 21,822 5,990 95,227 86,526 38,444 49,323 174,293
Direct contribution 106,185 18,269 (280) 124,174 138,552 70,638 30,445 239,635
Operating expenses
and indirect costs
of salesÏÏÏÏÏÏÏÏÏÏ 82,556 125,712
Income from
operations ÏÏÏÏÏ 41,618 113,923
Interest and other
income and
expense, netÏÏÏÏÏÏ 7,186 24,092
Interest expense ÏÏÏÏ (722) (59)
Impairment of
certain equity
investments ÏÏÏÏÏÏ Ì Ì
Income before
income taxes and
minority interest ÏÏ $ 48,082 $ 137,956
December 31, 2001 December 31, 2002
U.S. International Payments Consolidated U.S. International Payments Consolidated
Total assets ÏÏÏÏÏÏÏÏ $1,321,347 $322,561 $34,621 $1,678,529 $1,858,235 $583,252 $1,682,957 $4,124,444
118