AMD 1994 Annual Report Download - page 373

Less:goodwill, licensing
agreements, patents, trademarks,
trade names, organization
expense, treasury stock,
unamortized debt discount and
premium, deferred charges and other
like intangibles -----------
Less:total liabilities (including
accrued and deferred income taxes
and Subordinated Debt) -----------
Consolidated Tangible Net Worth -----------
c. Difference between 2(a) and 2(b) -----------
3. Leverage Ratio (Section 7.12)
--------------
a. Total consolidated liabilities
(from 2(b)) -----------
b. Consolidated Tangible Net Worth
(from 2(b)) -----------
c. Required Ratio of 3(a) to 3(b) 0.85 to 1.0
-----------
(maximum)
d. Actual Ratio 3(a) to 3(b) -----------
4. Fixed Charge Coverage Ratio (Section 7.13)
---------------------------
(for the four consecutive fiscal quarter
period ending on the last day of the last
fiscal quarter covered in this Schedule
C-1)
a. The sum of:
i) interest expense -----------
ii) operating lease expense -----------
iii) pre-tax income -----------
Total -----------
b. The sum of:
i) interest expense -----------
ii) operating lease expense -----------
iii) the average current portion of
long-term debt for each of the
four quarters in such four
fiscal quarter period -----------
Total -----------
c. Required Ratio of 4(a) to 4(b) 1.25 to 1.0
-----------
(minimum)
d. Actual Ratio of 4(a) to 4(b) -----------
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Source: ADVANCED MICRO DEVIC, 10-K, March 07, 1995