AMD 2007 Annual Report Download - page 277

Exhibit 99.2
PART I. FINANCIAL INFORMATION
ITEM 1. FINANCIAL STATEMENTS
Spansion Inc.
Condensed Consolidated Statements of Operations
(in thousands, except per share amounts)
(Unaudited)
Three Months Ended Nine Months Ended
Sep. 30,
2007
Oct. 1,
2006
Sep. 30,
2007
Oct. 1,
2006
Net sales $ 408,605 $ 458,740 $ 1,197,270 $ 855,475
Net sales to related parties (Note 6) 202,464 215,978 650,742 1,036,524
Total net sales 611,069 674,718 1,848,012 1,891,999
Operating expenses:
Cost of sales (including $64,590, $50,911, $169,063 and $164,234 of expenses charged by related
parties) 500,741 532,563 1,541,360 1,508,848
Research and development (including $322, $3,551, $1,100 and $12,227 of expenses charged by
related parties) 111,231 89,174 323,892 262,954
Sales, general and administrative (including $168, $4,019, $1,089 and $21,476 of expenses charged
by related parties) 58,226 62,951 177,027 195,253
Total operating expenses 670,198 684,688 2,042,279 1,967,055
Operating loss (59,129) (9,970) (194,267) (75,056)
Other income (expense), net:
Gain on sale of marketable securities — — — 6,884
Loss on early extinguishment of debt — — (3,435) (17,310)
Interest and other income, net 6,835 3,888 30,873 14,167
Interest expense (including $0, $146, $0 and $11,875 of expenses on related party debt) (23,628) (13,020) (65,316) (50,205)
Other income (expense), net (16,793) (9,132) (37,878) (46,464)
Loss before income taxes (75,922) (19,102) (232,145) (121,520)
(Benefit) provision for income taxes (4,320) 3,013 (18,163) 1,231
Net loss $ (71,602) $ (22,115) $ (213,982) $ (122,751)
Net loss per common share:
Basic and diluted $ (0.53) $ (0.17) $ (1.59) $ (0.96)
Shares used in per share calculation:
Basic and diluted 135,049 128,800 134,805 128,470
See accompanying notes
1
Source: ADVANCED MICRO DEVIC, 10-K, February 26, 2008