Computer Associates 2012 Annual Report Download - page 100

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Year Ended March 31, 2010
(dollars in millions)
MAINFRAME
SOLUTIONS
ENTERPRISE
SOLUTIONS SERVICES TOTAL
Revenue $ 2,515 $ 1,424 $ 288 $ 4,227
Expenses 1,162 1,350 280 2,792
Segment profit $ 1,353 $ 74 $ 8 $ 1,435
Segment operating margin 54% 5% 3% 34%
Depreciation and amortization $ 93 $ 96 $ — $ 189
Reconciliation of segment profit to income from continuing operations before income taxes for fiscal year 2010:
Segment profit $ 1,435
Less:
Purchased software amortization 49
Other intangibles amortization 54
Share-based compensation expense 102
Other unallocated operating gains, net(1) 2
Interest expense, net 76
Income from continuing operations before income taxes $ 1,152
(1) Other unallocated operating gains, net consists of restructuring costs associated with the Company’s Fiscal 2007 Plan, foreign exchange derivative (gains) losses, and other miscellaneous costs.
The Company operates through branches and wholly-owned subsidiaries in 47 foreign countries located in North America (4),
Europe (21), Asia/Pacific (14), South America (7), and Africa (1). Revenue is allocated to a geographic area based on the location of
the sale, which is generally the customer’s country of domicile. The following table presents information about the Company by
geographic area for fiscal years 2012, 2011 and 2010:
(in millions)
UNITED
STATES EUROPE OTHER ELIMINATIONS TOTAL
Year Ended March 31, 2012
Revenue
To unaffiliated customers $ 2,812 $ 1,182 $ 820 $ — $ 4,814
Between geographic areas(1) 472 — — (472) —
Total revenue $ 3,284 $ 1,182 $ 820 $ (472) $ 4,814
Property and equipment, net $ 181 $ 121 $ 84 $ — $ 386
Total assets $ 9,078 $ 1,904 $ 1,015 $ — $ 11,997
Total liabilities $ 4,911 $ 1,009 $ 680 $ — $ 6,600
Year Ended March 31, 2011
Revenue
To unaffiliated customers $ 2,519 $ 1,139 $ 771 $ — $ 4,429
Between geographic areas(1) 453 — — (453) —
Total revenue $ 2,972 $ 1,139 $ 771 $ (453) $ 4,429
Property and equipment, net $ 211 $ 132 $ 94 $ — $ 437
Total assets $ 9,641 $ 1,789 $ 981 $ — $ 12,411
Total liabilities $ 4,996 $ 1,163 $ 632 $ — $ 6,791
Year Ended March 31, 2010
Revenue
To unaffiliated customers $ 2,337 $ 1,177 $ 713 $ — $ 4,227
Between geographic areas(1) 528 — — (528) —
Total revenue $ 2,865 $ 1,177 $ 713 $ (528) $ 4,227
Property and equipment, net $ 239 $ 127 $ 86 $ — $ 452
Total assets $ 9,159 $ 1,831 $ 898 $ — $ 11,888
Total liabilities $ 5,195 $ 1,092 $ 614 $ — $ 6,901
(1) Represents royalties from foreign subsidiaries determined as a percentage of certain amounts invoiced to customer.
No single customer accounted for 10% or more of total revenue for fiscal year 2012, 2011 or 2010.
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