AMD 1994 Annual Report Download - page 372

SCHEDULE C-1
Except as otherwise provided, all amounts set forth below refer to the
Company's consolidated financial statements for the [fiscal quarter] [fiscal
year] ended ____________________, 199__.
1. Modified Quick Ratio (Section 7.10)
--------------------
a. The sum of:
i) cash -------------
ii) Cash Equivalents (other than
those subject to a Lien
securing a non-GAAP liability) -------------
iii) 75% of Long Term Investments
(other than those subject to a
Lien securing a non-GAAP
liability) -------------
iv) Receivables (net of doubtful
account allowance) -------------
Total ---------------
b. The sum of all Consolidated Current
Liabilities (including all
outstanding loans under the Amended
and Restated Credit Agreement). ---------------
c. Required Ratio of 1(a) to 1(b) 1.10 to 1.00
---------------
(minimum)
d. Actual Ratio of 1(a) to 1(b) ---------------
2. Minimum Tangible Net Worth (Section 7.11)
--------------------------
a. The sum of:
i) $1,300,000,000 $1,300,000,000
ii) 75% of net income (without
subtracting losses) earned in each
fiscal quarter, commencing with
the third fiscal quarter of 1994 -------------
iii) 100% of Net Proceeds from any
equity securities issued in each
fiscal quarter, occurring after
September 21, 1994 -------------
iv) 100% of any increase in
stockholders' equity resulting from
the conversion of debt securities
to equity securities, occurring
after September 21, 1994 -------------
Total ---------------
b. Actual Consolidated Tangible Net Worth:
Total assets -------------
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Source: ADVANCED MICRO DEVIC, 10-K, March 07, 1995