AMD 1997 Annual Report Download - page 85
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ADVANCED MICRO DEVICES, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS--(CONTINUED)
The following is a summary of operations by entities within geographic areas
for the three years ended December 28, 1997:
1997 1996 1995
---------- ---------- ----------
(THOUSANDS)
Sales to unaffiliated customers:
North America........................ $1,804,242 $1,418,871 $1,780,240
Europe............................... 391,587 378,136 491,293
Asia Pacific......................... 160,546 156,012 196,846
---------- ---------- ----------
$2,356,375 $1,953,019 $2,468,379
========== ========== ==========
Transfers between geographic areas
(eliminated in consolidation):
North America........................ $1,016,400 $ 578,581 $ 743,117
Asia Pacific......................... 386,015 383,684 396,158
---------- ---------- ----------
$1,402,415 $ 962,265 $1,139,275
========== ========== ==========
Operating income (loss):
North America........................ $ (105,487) $ (289,324) $ 164,549
Europe............................... (23,717) (3,905) 18,922
Asia Pacific......................... 38,551 39,919 38,729
---------- ---------- ----------
$ (90,653) $ (253,310) $ 222,200
========== ========== ==========
Identifiable assets:
North America........................ $2,983,963 $2,644,368 $2,636,675
Asia Pacific......................... 565,536 514,880 463,530
Europe............................... 318,801 154,288 85,664
Eliminations......................... (353,029) (168,253) (107,402)
---------- ---------- ----------
$3,515,271 $3,145,283 $3,078,467
========== ========== ==========
U.S. export sales:
Asia Pacific......................... $ 487,751 $ 344,050 $ 485,625
Europe............................... 291,773 157,647 206,328
---------- ---------- ----------
$ 779,524 $ 501,697 $ 691,953
========== ========== ==========
Sales to unaffiliated customers are based on the location of the Company's
subsidiary. Transfers between geographic areas consist of products and
services that are sold at amounts generally above cost and are consistent with
governing tax regulations. Operating income (loss) is total sales less
operating expenses. Identifiable assets are those assets used in each
geographic area. Export sales are United States foreign direct sales to
unaffiliated customers primarily in Europe and Asia Pacific.
F-20
Source: ADVANCED MICRO DEVIC, 10-K405, March 03, 1998