AMAZON.COM, INC.

CONSOLIDATED BALANCE SHEETS

$($in millions, except per share data$)$

ASSETS

Current assets:

Cash and cash equivalents

Marketable securities

Inventories

Accounts receivable, net and other

Total current assets

Property and equipment, net

Operating leases

Goodwill

Other assets

Total assets

LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:

Accounts payable

Accrued expenses and other

Unearned revenue

Total current liabilities

Long$-$term lease liabilities

Long$-$term debt

Other long$-$term liabilities

Commitments and contingencies $($Note $7)$

Stockholders' equity:

Preferred stock $($ $$0\mathrm{.}01$ par value; $500$ shares authorized; no shares issued or outstanding$)$

Common stock $($ $$0\mathrm{.}01$ par value; $100,000$ shares authorized; $10,757$ and $10,898$ shares

issued; $10,242$ and $10,383$ shares outstanding$)$

Treasury stock, at cost

Additional paid$-$in capital

Accumulated other comprehensive income $($loss$)$

Retained earnings

Total stockholders' equity

Total liabilities and stockholders' equity

See accompanying notes to consolidated financial statements.

AMAZON.COM, INC.

CONSOLIDATED STATEMENTS OF OPERATIONS

$($in millions, except per share data$)$

Year Ended December $31,$

Net product sales

Net service sales

Total net sales

Operating expenses:

Cost of sales

Fulfillment

Technology and infrastructure

Sales and marketing

General and administrative

Other operating expense $($income$),$ net

Total operating expenses

Operating income

Interest income

Interest expense

Other income $($expense$),$ net

Total non$-$operating income $($expense$)$

Income $($loss$)$ before income taxes

Benefit $($provision$)$ for income taxes

Equity$-$method investment activity, net of tax

Net income $($loss$)$

Basic earnings per share

Diluted earnings per share

Weighted$-$average shares used in computation of earnings per share:

Basic

Diluted

See accompanying notes to consolidated financial statements.

Conduct ratio, horinzontal, vertical analysis

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