Cisco Systems Excel Workbook
- 1. CISCO Systems Inc. Income Statement (in $ millions, except per share/ADS data) Oct-04 Jan-04 Apr-04 Jul-04 Q1 2004 A Q2 2004 A Q3 2004 A Q4 2004 A FY 2004 A Income Statement Net Sales Product 4263 4550 4730 5007 18550 Service 838 848 890 919 3495 Total Net Sales 5101 5398 5620 5926 22045 product Costs 1316 1425 1452 1573 5766 Service Cost 279 275 301 298 1153 Total Cost of Sales 1595 1700 1753 1871 6919 Gross Margin 3506 3698 3867 4055 15126 Operating Expenses: Research and Development 755 770 867 785 3177 Sales and Marketing 1087 1110 1153 1150 4500 General and Administrative 212 210 231 199 852 Amortization of Purchased Intangible Assets 62 60 60 60 242 In-Process Research and Development 0 1 2 0 3 Payroll Tax on Stock Option Exercises 0 0 0 4 4 Stock Based Compensation Related to Acquisition and Investment 0 0 0 56 56 Total Operating Expenses 2116 2151 2313 2254 8834 Operating Income{Loss} 1390 1547 1554 1801 6292 Interest Income, Net 137 124 127 124 512 Other Income{Loss}, Net 1 136 40 11 188 Interest and Other Income, Net 138 260 167 135 700 Income Before Provision of Income Taxes 1528 1807 1721 1936 6992 provision for Income Taxes 442 516 510 556 2024 Net Income(Loss) Before Cumulative Effect of Accounting Changes 1086 1291 1211 1380 4968 Cumulative Effect of Accounting Changes, Net of Tax 0 567 567 Net income 1086 724 1211 1380 4401 Reported - EPS Basic 0.16 0.11 0.18 0.20 0.64 Reported - EPS Diluted 0.15 0.10 0.17 0.20 0.62 Share Count Reported - Basic 6932 6874 6816 6736 6840 Share Count Reported - Diluted 7110 7110 7074 6935 7057
- 2. Oct-04 Jan-05 Apr-05 Jul-05 Oct-05 Jan-06 Apr-06 Jul-06 Q1 2005 A Q2 2005 A Q3 2005 A Q4 2005 A Fy 2005 A Q1 2006 A Q2 2006 A Q3 2006 A Q4 2006 A 5033 5106 5189 5525 20853 5491 5537 6155 6734 938 956 998 1056 3948 1059 1091 1167 1250 5971 6062 6187 6581 24801 6550 6628 7322 7984 1646 1669 1697 1746 6758 1751 1774 2193 2396 310 340 355 367 1372 389 388 403 443 1956 2009 2052 2113 8130 2140 2162 2596 2839 4015 4053 4135 4468 16671 4410 4466 4726 5145 805 811 823 883 3322 996 966 1041 1064 1120 1142 1190 1269 4721 1453 1431 1547 1600 230 228 244 257 959 278 282 298 311 60 57 54 56 227 59 56 99 179 12 2 6 6 26 2 0 88 1 2227 2240 2317 2471 9255 2788 2735 3073 3155 1788 1813 1818 1997 7416 1622 1731 1653 1990 130 127 142 153 552 154 168 142 143 40 17 8 3 68 -17 17 17 13 170 144 150 156 620 137 185 159 156 1958 1957 1968 2153 8036 1759 1916 1812 2146 562 557 563 613 2295 498 541 412 602 1396 1400 1405 1540 5741 1261 1375 1400 1544 0.21 0.21 0.22 0.24 0.89$ $0.20 $0.22 $0.23 $0.25 0.21 0.21 0.21 0.24 0.87$ $0.20 $0.22 $0.22 $0.25 6635 6521 6435 6366 6487 6245 6146 6160 6081 6773 6652 6541 6480 6612 6340 6248 6289 6187
- 3. Oct-06 Jan-07 Apr-07 Jul-07 Oct-07 Jan-08 Apr-08 Fy 2006 A Q1 2007 A Q2 2007 A Q3 2007 A Q4 2007 A FY 2007 A Q1 2008 A Q2 2008 A Q3 2008 A 23917 6940 7099 7481 7942 29462 8015 8245 8199 4567 1244 1340 1385 1491 5460 1539 1586 1592 28484 8184 8439 8866 9433 34922 9554 9831 9791 8114 2499 2544 2685 2820 10548 2823 2882 2865 1623 452 507 534 545 2038 558 609 621 9737 2951 3051 3219 3365 12586 3381 3491 3486 18747 5233 5388 5647 6068 22336 6173 6340 6305 4067 1083 1094 1144 1178 4499 1192 1216 1439 6031 1686 1726 1830 1973 7215 2003 2084 2129 1169 364 340 378 431 1513 490 520 479 393 105 96 97 109 407 117 116 117 91 4 2 1 74 81 3 0 0 11751 3242 3258 3450 3765 13715 3805 3936 4164 6996 1991 2130 2197 2303 8621 2368 2404 2141 607 157 172 189 197 715 223 212 201 30 28 33 33 31 125 31 22 -33 637 185 205 222 228 840 254 234 168 7633 2176 2335 2419 2531 9461 2622 2638 2309 2053 568 414 545 601 2128 417 578 536 5580 1608 1921 1874 1930 7333 2205 2060 1773 0.91$ $0.27 $0.32 $0.31 $0.32 $1.21 $0.36 $0.34 $0.30 0.89$ $0.26 $0.31 $0.30 $0.31 $1.17 $0.35 $0.33 $0.29 6158 6061 6057 6034 6062 6055 6087 6010 5942 6272 6199 6291 6244 6275 6265 6330 6202 6069
- 4. Jul-08 Q4 2008 A FY 2008 A 8640 33099 1724 6441 10364 39540 3061 11631 637 2425 3698 14056 6666 25484 1306 5153 2164 8380 518 2007 149 499 0 3 4137 16042 2529 9442 188 824 -31 -11 157 813 2686 10255 672 2203 2014 8052 $0.34 $1.35 $0.33 $1.31 5898 5986 6034 6163
- 5. CISCO Systems Inc. Balance Sheet (in $ millions, except per share/ADS data) Oct-03 Jan-04 Apr-04 Jul-04 Q1 2004 A Q2 2004 A Q3 2004 A Q4 2004 A FY 2004 A Balance Sheet Assets Current Assets Cash and Cash Equivalents 4158 4225 3949 3722 3722 Investments 4837 5155 4912 4947 4947 Net Cash, Cash Equivalients and ST Investments 8995 9380 8861 8669 8669 Accounts Receivable - Net 1388 2040 1540 1825 1825 Inventories 875 933 1121 1207 1207 Deferred Tax Assets 2062 1947 1905 1827 1827 Lease Receivable,Net 140 57 65 0 0 Prepaid Expenses and Other Current Assets 567 604 581 815 815 Total Current Assets 14027 14961 14073 14343 14343 Property and Equipment,Net 3571 3441 3351 3290 3290 Goodwill 4043 4103 4198 4198 4198 Purchased Intangible Assets, Net 490 441 387 325 325 Other Assets 2947 2915 2810 2840 2840 Investments 10693 10454 10085 10598 10598 Lease Receivable,Net 79 275 293 0 0 Total Assets 35850 36590 35197 35594 35594 Liabilities and ShareHolders' Equity Current Liabilities: Current Porttion of Long-Term Debt 0 0 0 0 0 Accounts Payable 602 645 604 657 657 Income Taxes Payable 687 715 848 963 963 Accrued Compensation 1184 1400 1432 1466 1466 Deferred Revenue 3001 3202 3420 3527 3527 other Current Liabilities 2155 2040 1899 2090 2090 Restructuring Liabilities 86 78 71 0 0 Total Current Liabilities 7715 8080 8274 8703 8703 Long Term Debt Less Current Maturities 0 0 0 0 0 Income Taxes Payable 0 0 0 0 0 Deferred Revenue 706 863 937 975 975 other Long Term Liabilities 0 0 0 0 0 Minority Interest 10 11 5 90 90 Shareholders' Equity: Common Stock and Additional Paid-in Capital 21094 22302 22277 22450 22450 Retained Earnings/(Accumulated Deficit) 5955 4902 3489 3164 3164 Accumulated Other Comprehensive Income 370 432 215 212 212 Total Shareholders' Equity 27419 27636 25981 25826 25826
- 6. Total Liabilities and Shareholders' Equity 35850 36590 35197 35594 35594 Checksum 0 0 0 0 0
- 7. Oct-04 Jan-05 Apr-05 Jul-05 Oct-05 Jan-06 Apr-06 Jul-06 Q1 2005 A Q2 2005 A Q3 2005 A Q3 2005 A FY 2005 A Q1 2006 A Q2 2006 A Q3 2006 A Q4 2006 A 3309 2473 2641 4742 4742 1704 5151 4237 3297 3489 3291 2397 11313 11313 11786 9838 13946 14517 6798 5764 5038 16055 16055 13490 14989 18183 17814 1792 2278 2241 2216 2216 2342 2537 2980 3303 1210 1255 1280 1297 1297 1318 1345 1313 1371 1798 1881 1537 1475 1475 1410 1476 1484 1604 878 792 867 967 967 1193 1264 1527 1584 12476 11970 10963 22010 22010 19753 21611 25487 25676 3279 3302 3298 3320 3320 3335 3316 3479 3440 4535 4674 5063 5295 5295 5412 5422 9186 9227 399 396 459 549 549 548 510 2356 2161 2695 2722 3076 2709 2709 2707 2793 2574 2811 10929 10761 11111 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 34313 33825 33970 33883 33883 31755 33652 43082 43315 0 0 0 0 0 0 0 0 0 680 673 706 735 735 721 684 837 880 1161 1397 1418 1511 1511 1462 1437 1346 1744 1187 1219 1258 1317 1317 1193 1220 1431 1516 3291 3657 3800 3854 3854 3716 3937 4300 4408 2307 2126 2005 2094 2094 2144 2243 2516 2765 0 0 0 0 0 0 0 0 0 8626 9072 9187 9511 9511 9236 9521 10430 11313 0 0 0 0 0 0 0 6346 6332 0 0 0 0 0 0 0 0 0 970 990 1016 1188 1188 1078 1163 1188 1241 0 0 0 0 0 0 0 495 511 128 12 11 10 10 4 4 8 6 22151 22145 22450 22394 22394 22261 22907 24132 24257 2079 1245 1002 506 506 (1046) (268) 121 (617) 359 361 304 274 274 222 325 362 272 24589 23751 23756 23174 23174 21437 22964 24615 23912
- 8. 34313 33825 33970 33883 33883 31755 33652 43082 43315 0 0 0 0 0 0 0 0 0
- 9. Oct-06 Jan-07 Apr-07 Jul-07 Oct-07 Jan-08 Apr-08 FY 2006 A Q1 2007 A Q2 2007 A Q3 2007 A Q4 2007 A FY 2007 A Q1 2008 A Q2 2008 A Q3 2008 A 3297 4313 2434 5457 3728 3728 4413 5202 6154 14517 15207 18247 16879 18538 18538 20266 17491 18279 17814 19520 20681 22336 22266 22266 24679 22693 24433 3303 3091 2908 3238 3989 3989 3418 4165 4183 1371 1477 1642 1289 1322 1322 1315 1267 1279 1604 1582 1673 1755 1953 1953 1916 2048 2078 1584 1581 1612 1922 2044 2044 2127 2269 2172 25676 27251 28516 30540 31574 31574 33455 32442 34145 3440 3444 3539 3695 3893 3893 3956 3973 4045 9227 9298 9318 9493 12121 12121 12158 12390 12419 2161 2065 1960 1909 2540 2540 2379 2338 2181 2811 2850 2921 3198 3212 3212 3754 4157 4333 0 0 43315 44908 46254 48835 53340 53340 55702 55300 57123 0 0 0 0 0 0 0 0 500 880 869 931 864 786 786 820 763 808 1744 1605 1330 1525 1740 1740 439 96 83 1516 1487 1589 1791 2019 2019 1920 1981 2320 4408 4546 4718 4854 5391 5391 5381 5786 6103 2765 2774 2923 2938 3422 3422 3660 3567 3545 0 11313 11281 11491 11972 13358 13358 12220 12193 13359 6332 6455 6416 6478 6408 6408 6582 6851 6415 0 0 0 0 0 0 682 791 1015 1241 1219 1343 1485 1646 1646 1726 2197 2487 511 410 414 373 438 438 489 375 646 6 14 8 9 10 10 131 81 63 24257 25419 27245 28411 30687 30687 32510 32773 32931 (617) (233) (1083) (457) 231 231 121 (1073) (843) 272 343 420 564 562 562 1241 1112 1050 23912 25529 26582 28518 31480 31480 33872 32812 33138
- 10. 43315 44908 46254 48835 53340 53340 55702 55300 57123 0 0 0 0 0 0 0 0 0 9
- 11. Jul-08 Q4 2008 A FY 2008 A 5191 5191 21044 21044 26235 26235 3821 3821 1235 1235 2075 2075 2333 2333 35699 35699 4151 4151 12392 12392 2089 2089 4403 4403 58734 58734 500 500 869 869 107 107 2428 2428 6197 6197 3757 3757 13858 13858 6393 6393 749 749 2663 2663 669 669 49 49 0 33505 33505 120 120 728 728 34353 34353
- 12. 58734 58734 0 0
- 18. CISCO Systems Inc. Cash Flow Statement (in $ millions, except per share/ADS data) Oct-06 Jan-07 Q1 2007 A Q2 2007 A YTD/QTD Cash Flow 3M 6M Net Income 1608 3529 Adjustments Depreciation and Amortization 348 690 Employee Share-Based Compensation 225 472 Stock Based Compensation Related to Acquisition 10 19 Provistion for Doubtful Accounts 6 0 Deferred Income Taxes 60 -66 Excess Tax Benefits from Share-Based Compensation -151 -428 In-Process Research and Development 4 6 Net Gains and Impairment Charges on Investments -48 -99 Change in Operating Asssets and Liabilities, Net of Effects of Acquisition: Accounts Receivable 206 395 lease Receivables,net -22 -66 Inventories -106 -271 Prepaid Expenses and Other Current Assets -16 -39 Accounts Payable -11 51 Income Taxes Payable 48 104 Accrued Compensation -29 73 Deferred Revenue 116 412 Other Accrued Liabilities 23 147 Net Cash Provided by Operating Activities 2271 4929 Cash Flow from Investing Activities Purchases of Investments -4771 -11184 Proceeds from Sales and Maturities of Investmens 4268 7762 Acquisition of Property and Equipment -214 -548 Acquisition of Businesses, Net of Cash and Cash Equivalents -121 -166 Change in Investment in Privately Held Companies -48 -76 Other -41 -27 Net Cash Used in Investing Activities -927 -4239 Cash Flows from Financing Activities Issuance of Common Stock 1019 2779 Repruchase of Common Stock -1500 -4781 Proceeds from the Termination of Interest Rate Swaps 0 0
- 19. Excess Tax Benefits from Share-Based Compensation 151 428 Other 2 21 Net Cash Used in Financing Activities -328 -1553 Net Increase in Cash and Cash Equivalents 1016 -863 Cash and Cash Equivalents, Beginning of Fiscal year 3297 3297 Cash and Cash Equivalents, End of Fiscal year 4313 2434 Checksum 0 0
- 20. Apr-07 Jul-07 Oct-07 Jan-08 Apr-08 Jul-08 Q3 2007 A Q4 2007 A Q1 2008 A Q2 2008 A Q3 208 A Q4 2008 A 9M 12M 3M 6M 9M 12M 5403 7333 2205 4265 6038 8052 1039 1413 421 878 1314 1744 709 931 226 499 767 1025 27 34 24 45 67 87 6 6 18 29 34 34 -302 -622 -491 -632 -876 -772 -648 -918 -252 -338 -375 -413 7 81 3 3 3 3 -154 -210 -54 -104 -109 -103 60 -597 554 -196 -219 171 82 -156 -127 -260 54 -488 -131 61 7 66 -320 104 -17 -452 81 38 12 -361 535 -107 32 -33 405 62 275 1104 394 220 301 178 690 479 -99 -38 1553 351 -355 1293 70 946 -357 1812 140 431 77 144 268 603 7366 10104 3089 5532 8560 12089 -15342 -20532 -4360 -7846 -14093 -22399 13438 17368 3526 9453 14761 19990 -912 -1251 -296 -591 -908 -1268 -387 -3684 -45 -385 -385 -398 -81 -92 -20 -55 -63 -101 -87 -151 -65 -111 6 -17 -3371 -8342 -1260 465 -682 -4193 3719 5306 1539 2165 2501 3117 -6281 -7681 -2993 -7120 -8982 -10441 0 0 0 0 432 432
- 21. 648 918 252 338 375 413 79 126 58 94 222 46 -1835 -1331 -1144 -4523 -5452 -6433 2160 431 685 1474 2426 1463 3297 3297 3728 3728 3728 3728 5457 3728 4413 5202 6154 5191 0 0 0 0 0 0