eBay 2005 Annual Report Download - page 75

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treatment pursuant to FAS 133. During the year ended December 31, 2004 and 2005, the realized gains and
losses related to these hedges were not significant. The notional amount of our economic hedges receiving
hedge accounting treatment and the losses, net of gains, recorded to accumulated other comprehensive income
as of December 31, 2004 was $140.2 million and $3.4 million, respectively. The notional amount of our
economic hedges receiving hedge accounting treatment and the loss, net of gains, recorded to accumulated
other comprehensive income as of December 31, 2005 was $203.0 million and $200,000 respectively.
ITEM 8: FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
Annual Financial Statements and Selected Quarterly Financial Data: The consolidated financial
statements and accompanying notes listed in Part IV, Item 15(a)(1) of this Annual Report on Form 10-K are
included elsewhere in this Annual Report.
ITEM 9: CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND
FINANCIAL DISCLOSURE
None.
ITEM 9A: CONTROLS AND PROCEDURES
(a) Evaluation of disclosure controls and procedures. Based on the evaluation of our disclosure
controls and procedures (as defined in the Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act
of 1934, as amended (the ""Exchange Act'')) required by Exchange Act Rules 13a-15(b) or 15d-15(b), our
Chief Executive Officer and our Chief Financial Officer have concluded that as of the end of the period
covered by this report, our disclosure controls and procedures were effective.
(b) Changes in internal controls. There were no changes in our internal controls over financial
reporting that occurred during our most recent fiscal quarter that have materially affected, or are reasonably
likely to materially affect, our internal control over financial reporting.
(c) Management's Report on Internal Control Over Financial Reporting. Our management is responsi-
ble for establishing and maintaining adequate internal control over financial reporting, as such term is defined
in Exchange Act Rules 13a-15(f). Our management, including our principal executive officer and principal
financial officer, conducted an evaluation of the effectiveness of our internal control over financial reporting
based on the framework in Internal Control Ì Integrated Framework issued by the Committee of Sponsoring
Organizations of the Treadway Commission. Based on its evaluation under the framework in Internal
Control Ì Integrated Framework, our management concluded that our internal control over financial
reporting was effective as of December 31, 2005. Our management's assessment of the effectiveness of our
internal control over financial reporting as of December 31, 2005 has been audited by PricewaterhouseCoopers
LLP, an independent registered public accounting firm, as stated in their report which is included elsewhere in
this Annual Report on Form 10-K.
ITEM 9B: OTHER INFORMATION
None.
PART III
ITEM 10: DIRECTORS AND EXECUTIVE OFFICERS OF THE REGISTRANT
Incorporated by reference from eBay's Proxy Statement for its 2006 Annual Meeting of Stockholders to
be filed with the SEC within 120 days after the end of the year ended December 31, 2005.
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