Exhibit 12 Selected Financial Data in Millions of Dollars (Except Share Data), 1998-2002 1998 1999 2000 2001 2002 CISCO (July Fiscal Year) Sales 8,458.8 12,154.0 18,928.0 22,293.0 18,915.0 Income Before Taxes 2,302.5 3,316.0 4,343.0 -874.0 2,710.0 -GAAP Income Taxes 952.4 1,220.0 1,675.0 140.0 817.0 Net Income 1,350.1 2,096.0 2,668.0 -1,014.0 1,893.0 +Depreciation and Amortization 327.3 486.0 863.0 2,236.0 1,957.0 -Capital Expenditure 414.8 584.0 1,086.0 2,271.0 2,641.0 -Working Capital Investments -688.7 -937.0 -1,262.0 -5,078.0 -2,829.0 +Tax Adjustment 514.4 919.0 1,348.0 92.0 -92.0 Operating Cash Flow 2,465.7 3,854.0 5,055.0 4,121.0 3,946.0 +Stock Issuance 488.5 740.0 1,564.0 1,262.0 655.0 -Stock Purchases -Dividends Paid -Other Itemsa 0.0 0.0 0.0 0.0 1,854.0 0.0 0.0 0.0 0.0 0.0 2,538.3 4,269.5 3,110.0 4,001.0 -3,002.0 Net Cash Flow 415.9 324.5 3,509.0 1,382.0 5,749.0 Cash and Short-Term Investments 1,691.5 2,016.0 5,525.0 6,907.0 12,656.0 Common Shares Outstanding (Split-Adj) Share Price, Fiscal Year Close (Split-Adj) 6,250.3 6,542.0 7,138.0 7,324.0 7,303.0 $15.96 $31.06 $65.44 $19.22 $13.19 INTEL (December Fiscal Year) Sales 26,273.0 29,389.0 33,726.0 26,539.0 26,764.0 Income Before Taxes 9,137.0 11,228.0 15,141.0 2,183.0 4,204.0 -GAAP Income Taxes 3,069.0 3,914.0 4,606.0 892.0 1,087.0 Net Income 6,068.0 7,314.0 10,535.0 1,291.0 3,117.0 +Depreciation and Amortization 2,807.0 3,186.0 4,807.0 6,052.0 5,042.0 -Capital Expenditure 3,557.0 3,403.0 6,674.0 7,309.0 4,703.0 -Working Capital Investments -31.0 +Tax Adjustment 285.0 180.0 1,015.0 2,912.0 -1,627.0 -358.0 397.0 -316.0 612.0 Operating Cash Flow 5,634.0 7,932.0 6,153.0 1,345.0 4,426.0 +Stock Issuance 2,127.0 543.0 -Stock Purchases -Dividends Paid -Other Itemsa 6,785.0 4,612.0 797.0 4,007.0 762.0 681.0 4,008.0 4,014.0 168.0 3,109.0 366.0 -665.0 470.0 538.0 533.0 438.0 -166.0 -477.0 Net Cash Flow -2,301.0 4,162.0 2,035.0 -2,273.0 1,037.0 Cash and Short-Term Investments 7,626.0 11,788.0 Common Shares Outstanding (Split-Adj) 6,632.0 6,668.0 13,823.0 6,721.0 11,550.0 6,690.0 12,587.0 6,575.0 Share Price, Fiscal Year Close (Split-Adj) $29.64 $41.16 $30.06 $31.45 $15.57