Salesforce.com 2011 Annual Report Download - page 40

Download and view the complete annual report

Please find page 40 of the 2011 Salesforce.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 108

  • 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
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108

(1) Cost of revenues and operating expenses include stock-based expenses, consisting of:
Fiscal Year Ended January 31,
2011 2010 2009 2008 2007
Cost of revenues .............. $12,158 $12,570 $11,051 $ 7,926 $ 5,522
Research and development ...... 18,897 13,129 9,852 6,336 4,523
Marketing and sales ........... 56,451 39,722 36,028 25,423 18,392
General and administrative ..... 32,923 23,471 20,435 15,522 10,768
As of January 31,
2011 2010 2009(3) 2008(3) 2007(3)
Consolidated Balance Sheet Data:
Cash, cash equivalents and marketable
securities ............................ $1,407,557 $1,727,048 $ 882,565 $ 669,800 $412,512
(Negative) working capital ................ (201,542) 798,029 301,591 134,894 45,905
Total assets ............................ 3,091,165 2,460,201 1,479,822 1,089,593 664,832
Long-term obligations excluding deferred
revenue and noncontrolling interest (2) .... 516,506 481,234 20,106 10,601 1,408
Retained earnings (deficit) ................ 171,035 106,561 25,842 (17,586) (35,633)
Total stockholders’ equity controlling
interest ............................. 1,276,491 1,043,802 671,784 452,059 281,791
(2) Long-term obligations excluding deferred revenue and noncontrolling interest includes the 0.75%
convertible senior notes issued in January 2010.
(3) Includes the effects of the retrospective adoption of the accounting guidance involving the presentation of
noncontrolling interest. We adopted the accounting guidance in the first quarter of fiscal 2010.
32