IBM Financial Report
IBM Financial report brings out information about the financial status and financial results of IBM on any date or for any accounting period. IBM financial report primarily consists of balance sheet, income statement, statement of retained earnings and statement of cash flows.
The primary activities of IBM include development and manufacture of computer systems and softwares. IBM is also a leading provider of financing and asset management services.
A report reveals that in 2006, the IBM experienced an increase of 0.3 % revenue growth than 2005. The report also reveals that in 2006, revenue in the financial service sector increased by 4.1%, although the public sector revenue declined by 4.7 percent.
Income statements(all numbers are in thousands)
Items |
30-09-06 |
31-12-06 |
31-03-07 |
30-06-07 |
Gross Profit |
9,492,000 |
11,702,000 |
8,866,000 |
9,938,000 |
Operating expenses(research development) |
1,543,000 |
1,587,000 |
1,509,000 |
1,535,000 |
Net income |
2,222,000 |
3,540,000 |
1,844,000 |
2,261,000 |
Net income applicable to common shares |
$2,222,000 |
$3,540,000 |
$1,844,000 |
$2,261,000 |
The income statements of IBM reveals that in the fiscal year 2006, gross profit was maximum.
Balance sheet (All numbers are in thousands)
Items |
31-12-04 |
31-12-05 |
31-12-06 |
Total current assets |
46,970,000 |
45,661,000 |
44,660,000 |
Total assets |
109,183,00 |
105,748,000 |
103,233,000 |
Total current liabilities |
39,798,000 |
35,152,000 |
40,090,000 |
Total liabilities |
79,436,000 |
72,650,000 |
74,727,000 |
Total Stockholder Equity |
29,747,000 |
33,098,000 |
28,506,000 |
Net Tangible Assets |
$19,521,000 |
$21,994,000 |
$13,450,000 |
The balance sheet of IBM reveals that in the fiscal year 2006, the amount of net tangible assets was least in comparison to the previous two fiscal years.
Cash Flow (All numbers are in thousands)
Items |
31-12-04 |
31-12-05 |
31-12-06 |
Net Income |
8,430,000 |
7,934,000 |
9,492,000 |
Total cash flow from operating activities |
15,323,000 |
14,874,000 |
15,007,000 |
Total cash flows from investing activities |
(5,346,000) |
(4,423,000) |
(11,549,000) |
Total cash flows from financing activities |
(7,619,000) |
(7,147,000) |
(8,204,000) |
Change in cash and cash equivalents |
$2,763,000 |
$2,515,000 |
($4,545,000) |
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