AMD 1995 Annual Report Download - page 245

Download and view the complete annual report

Please find page 245 of the 1995 AMD annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 268

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205
  • 206
  • 207
  • 208
  • 209
  • 210
  • 211
  • 212
  • 213
  • 214
  • 215
  • 216
  • 217
  • 218
  • 219
  • 220
  • 221
  • 222
  • 223
  • 224
  • 225
  • 226
  • 227
  • 228
  • 229
  • 230
  • 231
  • 232
  • 233
  • 234
  • 235
  • 236
  • 237
  • 238
  • 239
  • 240
  • 241
  • 242
  • 243
  • 244
  • 245
  • 246
  • 247
  • 248
  • 249
  • 250
  • 251
  • 252
  • 253
  • 254
  • 255
  • 256
  • 257
  • 258
  • 259
  • 260
  • 261
  • 262
  • 263
  • 264
  • 265
  • 266
  • 267
  • 268

The company is currently engaged in a single line of business: The design,
development, manufacture, and sale of programmable products in concert with
applications solutions to the manufacturers of equipment for personal and
networked computation and communications.
Operations outside the United States include both manufacturing and sales.
Manufacturing subsidiaries are located in Malaysia, Singapore, and Thailand.
Sales subsidiaries are in Europe and Asia.
The following is a summary of operations by entities within geographic
areas for the three years ended December 31, 1995:
(Thousands) 95 94 93
- ----------------------------------------------------------------
Sales to unaffiliated
customers:
North America $1,741,585 $1,524,050 $1,174,410
Europe 491,293 483,632 343,600
Asia 196,846 126,977 130,270
---------- ---------- ----------
$2,429,724 $2,134,659 $1,648,280
========== ========== ==========
Transfers between
geographic areas
(eliminated in
consolidation):
North America $ 743,117 $ 563,303 $ 444,378
Asia 396,158 323,050 277,496
---------- ---------- ----------
$1,139,275 $ 886,353 $ 721,874
========== ========== ==========
Operating income:
North America $ 290,626 $ 467,131 $ 265,676
Europe 18,922 15,860 8,376
Asia 38,729 30,148 31,001
---------- ---------- ----------
$ 348,277 $ 513,139 $ 305,053
========== ========== ==========
Identifiable assets:
North America $2,589,476 $2,090,080 $1,647,477
Europe 85,664 120,070 88,003
Asia 463,530 361,144 312,529
Eliminations (107,402) (125,592) (118,778)
---------- ---------- ----------
$3,031,268 $2,445,702 $1,929,231
========== ========== ==========
U.S. export sales:
Asia $ 485,625 $ 436,120 $ 314,268
Europe 190,866 117,811 109,226
---------- ---------- ----------
$ 676,491 $ 553,931 $ 423,494
========== ========== ==========
- ----------------------------------------------------------------
- --------------------------------------------------------------------------------
Source: ADVANCED MICRO DEVIC, 10-K405, March 21, 1996