Amazon.com 2012 Annual Report Download - page 79

Download and view the complete annual report

Please find page 79 of the 2012 Amazon.com 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 90

  • 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

Information on reportable segments and reconciliation to consolidated net income (loss) is as follows
(in millions):
Year Ended December 31,
2012 2011 2010
North America
Net sales $34,813 $26,705 $18,707
Segment operating expenses (1) 33,221 25,772 17,752
Segment operating income $ 1,592 $ 933 $ 955
International
Net sales $26,280 $21,372 $15,497
Segment operating expenses (1) 26,204 20,732 14,516
Segment operating income $ 76 $ 640 $ 981
Consolidated
Net sales $61,093 $48,077 $34,204
Segment operating expenses (1) 59,425 46,504 32,268
Segment operating income 1,668 1,573 1,936
Stock-based compensation (833) (557) (424)
Other operating income (expense), net (159) (154) (106)
Income from operations 676 862 1,406
Total non-operating income (expense) (132) 72 91
Provision for income taxes (428) (291) (352)
Equity-method investment activity, net of tax (155) (12) 7
Net income (loss) $ (39) $ 631 $ 1,152
(1) Represents operating expenses, excluding stock-based compensation and “Other operating expense
(income), net,” which are not allocated to segments.
Net sales of similar products and services were as follows (in millions):
Year Ended December 31,
2012 2011 2010
Net Sales:
Consolidated
Media $19,942 $17,779 $14,888
Electronics and other general merchandise 38,628 28,712 18,363
Other (1) 2,523 1,586 953
Total consolidated $61,093 $48,077 $34,204
(1) Includes sales from non-retail activities, such as AWS in the North America segment, advertising services,
and our co-branded credit card agreements in both segments.
Net sales attributed to foreign countries are as follows (in millions):
Year Ended December 31,
2012 2011 2010
Germany $8,732 $7,230 $5,296
Japan 7,800 6,576 5,025
United Kingdom 6,478 5,348 3,929
72