Amazon.com, Inc.'s financial statements are presented in Appendix D. Click here to view Appendix D. Financial statements of Wal-Mart Stores, Inc. are presented in Appendix E Click here to view Appendix e Instructions for accessing and using the complete annual reports of Amazon and Wal-Mart, Including the notes to the financial n statements are also provided in Appendices D and E, respectively, Based on the Information in these financial statements, compute the following ratlos for each company (for the most recent year shown). (Assume all sales are credit sales.) (Round answers to 1 decimal place, eg. 52.5. Use 365 days for calculation) Amazon Wal-Mart Accounts receivable turnover times times Average collection period for receivables days days 3. The Notes to consolidated Financial Statements begin. AMAZON COMINC CONSOLIDATED STATEMENTS OF CASH FLOW w HET CATANIAN ALONSO CIPRACTIVE OND 2 D www MASKOTIVOS The GI N 11 **EETESTET 333 DOG ACTIVITIES ONCARIAN CATHOLOM DID OF 3.00 AUTODROMO C Cum Com IT CH 50 T! w Seb AMAZON.COMLINCE CONSOLIDATED STATEMENTS OF OPERATIONS para AMAZON.COM, INC. CONSOLIDATED STATEMENTS OF OPERATIONS Gin millions, except per al data) Ye De THIS 95 70,000 $ 27,738 18. SON 107.000 RUS GO ON 13.549 Net product Net service sales Total met Operating expenses (1) Cost of sales Funnet Martin Technology and content General and mitive Others operating income), Total facoperation Interest.com erst expense Other incept Total non-operating com espes) Income out before income Provit for come Equity vectivity of the Net condo) Bispeha Dhtela per share Wached-avenge the wed in computation of per Basie Diluted 71,651 13410 3,254 12.500 1.749 171 104171 22 50 (459) 050 (665) 1.568 950 023 5965 1.30 15 22,752 54,161 10,766 2.55 4332 3.113 9.75 6,565 1.553 11 114 38.110 71.700 18 39 38 010 (141) (110 (136 089) 19) (111 505 (167) (161) 12 (10 274 1025060 05 0339 5 163 15 4 457 165 0) Taches to be capitis fellow Fun Mure Technology and content Beland 25 190 1.324 125 B01 193 204 88 601 304 193 08 100 Tinch 1314 Ceralmatiate 23 Se tocated in the AMAZON.COM, INC. CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (in millions) Sarded Dealers 2015 2011 5965 (241) 5 2013 274 (210) (325) Net incon (los) Other comprehensive income Com) Foreign currency to adjust of tax of 10,5(3) and $(20) Net change in realized pain (lowes) on available for sale securit Unsealused sains (losses), net of tax of $65), 51 and 53 Reclassification adjusted for lowes (en) included in Other come (expense) net net of tax of S. 8(1), and S(1) Net trained in closes) o available for sale securities Total other compensate come (ons) Compre com ess) 3 (7) 2 (10) 1 (9) (3) (1) (326) (567) 5 54 02123 354 38 See accompanying notes to consolidated financial statements AMAZON.COM, INC CONSOLIDATED BALANCE SHEETS On wiosescept person data) Dember 2011 See aceste concitated financial statements AMAZON.COM, INC CONSOLIDATED BALANCE SHEETS On mi exceptpershare data) De 15.390 14557 501 10,243 0493 16,474 2138 3.159 3.3 14907 19 ASSATS Cara Cash and cash valents Marketable cities Inverteres Ace receive and the Totalcare Property and equip, Goodwill Oder Total LLALILLESANDSLICNOLDERS LULLY Cebut Alle Acordespese and other Channel Talamb Lonem Others Como con Stockholm Predstock 501 Auttauritian-100 30397 101 18.45 13 3199 9.36 7:10 (in millions) CS Tui A Share 450 $ Puide S C S5 (1837) S 8.147 S (239) 5 1.916 5 274 54 R 192 274 54 4 4 23 71 Balce of my , 2013 Net Other compresive) Exteise of cookies cesta estock pe Stock based come of plear ah Balances of December 11, 2013 Nellows Odavno (o) Fancafcomme stock option ce tax retro based 1.149 9573 499 X1837) (185) 2.190 (241) 1149 9.746 (341) (326) 2 (320) 2 6 0 1.510 1510 Stock-based code ployee best plack tockforon 165 5 (1.837) 11,135 011) 19 590 1111111111 H 10,11 500 0212) 4 0 of Dec. 2014 Nel Olive Home Bombard pe Stacked pleback w food artwity 2011 4 119 119 2.131 2131 (1.337) S 13.30 (2) S 355 $ 1.354 S0320 $47,614 3,516 482,130 2211 20 1955 HO 35 now Revens: Nee Membrando come Totalment Corts and expenses Cole in elinden Operating income Interesti Der Gonding lotion Income eneste Income from continuing operations before income taxe Provision for income 16,954 97.041 24105 77142 20 (11 2,037 521 IB) 2,467 21.638 200 (11 21 2099 M 754 11.02 6.55 15.080 2004 510 91 161 10 SH 11 1551 10 15,000 06 $14,014 Dend Total provision for income Income from continuing operations Income from discontinued operations, net of income Consolidad net income Consolidated net income attributable to noncontrolling interest Consolidated income attributable to Walmart as net income per common share Beber contato con il comece common com Basienicomper common share abobo Walmart Distinc per comesha Duo perconnect Dedic per como Diluted income common share the town Weights outstandi S 4.58 00 S 45 5457 5 4 Owned common Consolidated Statements of Comprehensive Income Fiscal Years Ended uary 31, 2016 2015 2014 $15,080 $17,099 516,699 (386) (736) 1600 167) 14,694 16363 16022 (5,220) 366 (202) 86 (4558) 379 (470 169) Amount in millions Consolidated net income Las consolidated net income attributable to nonredeemable noncontrolling interest Less consolidated net income attributable to redeemable noncontrolling interest Consolidated net income attributable to Walmart Other comprehensive income (loss), net of income taxes Currency translation and other Net investment hedges Cashflow hedges Minimum pensionability Other comprehensive income foss), net of income taxes Less other comprehensive income (oss) attributable to nooredeemable noncontrolling interest Less other comprehensive income (os) attributable to redeemable non controlling interest Other comprehensive income (loss) attributable to Walmart Comprehensive income, net of income taxes Les comprehensive income (os) attributable to nonredeemable non conting interest Less comprehensive income (oss) attributable to redeemablenocontrolling interest Comprehensive income attributable to Walmart See accompanying nose (4.970) M.718) 546 541 3221 75 207 153 2.786) 31 06 (2409 13.900 1295 (4,429) 10,110 155 (4.172 12381 (1901 $10,265 $12191 513613 Consolidated Balance Sheets $ 8,705 5,624 44,469 1,441 60.239 S9135 6778 45,141 20224 278 Amounts in ASSETS Current assets Cash and cash equivalents Receivables.net Inventories Prepaid expenses and other Total current assets Property and equipment: Property and equipment Less accumulated depreciation Property and equipment, net Property under capital lease and financing obligations Property under capital lease and financing obligations Less accumulated amortization Property under capital lease and financing obligations net Goodwill Others and deferred changes Total assets 176,958 (66,7871 110,171 177395 151115 114280 11,096 (4,7511 6,345 16,695 6,131 $199,581 5.239 (864 2375 16102 5455 $203 490 LIABILITIES AND EQUITY Current Mobilities Short term borrowing Accounts payable Accuedati Accrued income tres Longtendebt due within one ye Captalles and financing in de winner Total current abilities $ 2708 38,487 19,607 521 2745 3551 64,619 $ 1391 1410 19.152 102 4701 1.214 5,86 7,321 Long tmcpitalet handing obligation Dincome and other Commitments and contingencies Equity: Common stock Capital in excess of par value Retained earnings Accumulated other comprehensive income (los) Total Walmart shareholders equity Nontedeemable non controlling interest Total equity Total liabilities and equity Se accompanying 317 1,805 90,021 111,597) 80,546 3,065 83,611 $199,581 323 2,467 85777 0.165 81,394 4543 -5937 $203,490 Consolidated Statements of Shareholders' Equity and Redeemable Noncontrolling Interest TI Wam Norvedem Nord Nico Common shoa SH AR 312020 ned Caming $72978 160 dhe Com han 1567 $5.95 $7014 tout 5812 1601 314 Sie 70 WA Oy 100 Balances as of February 1, 2017 Consolidated set income Other concrehensive income income taxe Coth dividendide and 151 Purde of Concurso Hedemotion value acontrated 90 1101 10 Commitments and contingencies Equity: Common stock Capital in excess of par value Retained earnings Accumulated other comprehensive income (los) Total Walmart shareholders equity Nontedeemable non controlling interest Total equity Total liabilities and equity Se accompanying 317 1,805 90,021 111,597) 80,546 3,065 83,611 $199,581 323 2,467 85777 0.165 81,394 4543 -5937 $203,490 Consolidated Statements of Shareholders' Equity and Redeemable Noncontrolling Interest TI Wam Norvedem Nord Nico Common shoa SH AR 312020 ned Caming $72978 160 dhe Com han 1567 $5.95 $7014 tout 5812 1601 314 Sie 70 WA Oy 100 Balances as of February 1, 2017 Consolidated set income Other concrehensive income income taxe Coth dividendide and 151 Purde of Concurso Hedemotion value acontrated 90 1101 10 Norcon Retined Earnings $ 72,978 16,022 Comprehensive Shades Income uby $ (587) $ 76,343 16,022 Norconting int $5,395 595 To Ety 581738 16,617 5519 78 (2.409) 12.409) 311 (2,720 066) 16.139) (6,254) 16,139) 16.557) 16.139 16557) 1,019 159 441) 76.566 16.363 1,0199 14 76,255 16.30 1595) 5.084 736 (1019) (581) 81,339 17,099 1.491 2.996) 16 III 11- 14,172) 14,1721 5:46 (4,715) Common Stock fot Amournin millon Shares Amount Balances as of February 1, 2013 3314 5332 $3,620 Consolidated net income Other comprehensive income net of income taxes Cash dividends declared (51 88 persone Purchase of Company stock (87 ) (294) Redemption value adjustment of redeemable no controlling interest (1.019) Other 6 55 Balances as of January 31, 2014 3233 323 2362 Consolidated net income Other comprehensive loss net of income taxes Cash dividends dedared 5192 per share Purchase of Company stock (13) (29) Purchase of redeemable noncontrolling interest Other 8 129 Balances as of January 31, 2015 3.228 323 2.462 Consolidated net income Other comprehensive Income, net of income taxes Cash dividends declared (51.96 per share) Purchase of Company stock (65) (6) (1021 Cash dividend declared to noncontrolling interest Other 11 Balances as of January 31, 2016 3,162 $317 51,805 1 6,185 1950) 16.185) 1980 16.185 (980) 113 (12) 85,777 14,694 (7.168) 81,394 14,694 4,543 386 (618) 85,937 15,080 (4429) - 14,4291 (541) (4,970) (6,294) (4.148) 16.294) (4.256 46,294) (4.256) (555 1563 18) 590,021 (691) (632) $3,065 (691) (1,195) $83,611 5111,597 580,546 5 Focals Erded lansary 31 2016 2015 2014 $ 15,080 $ 17,099 285) 16,814 $ 16.695 (144 15,080 16.551 Amounin Million Cash flows from operating activities: Consolidated net income Income from discontinued operations net of income taxes Income from continuing operations Adjustments to reconcile income from continuing operations to net cash provided by operating activities Depreciation and amortization Deferred Income taxes Other operating activities Changes in certain assets and abilities, net of effects of acquisitions Receivables.net Inventories Accounts payable Accued lubikties Accrued income time Net cash provided by operating activities 9.454 1672) 9,173 (503) 785 BB70 (279 1410 (19) (702) 2.000 1,303 (472) 27.389 (5690 (1.22 2678 1.49 566 11.667 53 TO (22) 23257 28564 (13.115 727 Cash flows from investing activities, Payments for property and equipment Poceed from disposal of property and equipment Proceeds from disposal of certain operations Cther investing activities Net cash used in investing activities (11,477) 635 246 (791 (10,675) (1214 520 by 1197 (225 (72526 Cash flows from financing activities Net change in short sem borrowing Proceeds from suance of long term det 1235 39 202 1,303 (472) 27,389 1.249 166 28.564 103 (1.224) 23.257 (12.174 (13.115) 727 570 (11.477) 635 246 (79) (10,675) 671 (192) 111,125) 1138 (12526 con payage Accrued abilities Accrued income taxes Net can provided by operating activities Cash flows from investing activities: Payments for property and equipment Proceeds from disposal of property and equipment Proceeds from disposal of certain operation's Other investing activities Net cash wied in investing activities Cash flows from financing activities: Net change in short-term borrowing Proceeds from issuance of long-term debit Payments of long term debit Dividends paid Purchase of Company stock Dividends paid to non controlling interest Purchase of noncontidling interest Other financing Xtivities Net cash used in financing activities Effect of exchange rates oncinh and cash equivalents Net increase (desc) in cash and cash equivalents Goth and catch equivalents at beginning of you Chand canh equivalents at end of period Supplemental disclosure of cash flow information Income tones and Interestad 1,235 39 (4.432) (6,294) (4,112) (719) 11,326) (513) (16,122) 06288) 5.174 3.904) 16.185) (1,015) (600) 11,844) (409) (15.071 911 7,072 (4,968 16139) (6,683) (425) (296 010789 (1.022) (430) 9,135 5 8,705 514 1854 7281 39135 1402 (500) 7781 5 78 31641 3,111 2.540 8169 2,43 Sarung