Electronic Arts 2001 Annual Report Download - page 65
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Please find page 65 of the 2001 Electronic Arts 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.ELECTRONIC ARTS
63
EA Core Adjustments and
Year Ended March 31, 2000 (excl. EA.com) EA.com Eliminations Electronic Arts
Net revenues from unaffiliated customers $ 1,399,093 $ 20,918 $ – $ 1,420,011
Group sales 2,014 – (2,014)(a) –
Total net revenues 1,401,107 20,918 (2,014) 1,420,011
Cost of goods sold from unaffiliated customers 700,024 4,678 – 704,702
Group cost of goods sold – 2,014 (2,014)(a) –
Total cost of goods sold 700,024 6,692 (2,014) 704,702
Gross profit 701,083 14,226 – 715,309
Operating expenses:
Marketing and sales 185,714 2,897 – 188,611
General and administrative 87,513 4,905 – 92,418
Research and development 205,933 34,716 21,317(b) 261,966
Network development and support – 17,993 (17,993)(b) –
Customer relationship management – 3,324 (3,324)(b) –
Amortization of intangibles 10,866 1,123 – 11,989
Charge for acquired in-process technology 2,670 3,869 – 6,539
Total operating expenses 492,696 68,827 – 561,523
Operating income (loss) 208,387 (54,601) – 153,786
Interest and other income, net 16,017 11 – 16,028
Income (loss) before provision for income
taxes and minority interest 224,404 (54,590) – 169,814
Provision for income taxes 52,642 – – 52,642
Income (loss) before minority interest 171,762 (54,590) – 117,172
Minority interest in consolidated joint venture (421) – – (421)
Net income (loss) $ 171,341 $ (54,590) $ – $ 116,751
Interest income $ 13,733 $ 11 $ – $ 13,744
Depreciation and amortization 39,818 6,907 – 46,725
Identifiable assets 1,085,411 106,901 – 1,192,312
Capital expenditures 97,279 37,605 – 134,884