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Forecast the Statement of Cash Flows The following are the income statements and balance sheets of Amazon.com Inc. AMAZON.COM INC. Consolidated Statement of Operations $
Forecast the Statement of Cash Flows
The following are the income statements and balance sheets of Amazon.com Inc.
AMAZON.COM INC. | |||
---|---|---|---|
Consolidated Statement of Operations | |||
$ millions | 2016 Estimated |
Dec. 31, 2015 | |
Net product sales | $91,158 | $79,268 | |
Net service sales | 38,833 | 27,738 | |
Total net sales | 129,991 | 107,006 | |
Operating expenses | |||
Cost of sales | 87,094 | 71,651 | |
Fulfillment | 16,249 | 13,410 | |
Marketing | 6,370 | 5,254 | |
Technology and content | 15,209 | 12,540 | |
General and administrative | 2,080 | 1,747 | |
Other operating expense (income), net | 171 | 171 | |
Total operating expenses | 127,173 | 104,773 | |
Income from operations | 2,818 | 2,233 | |
Interest income | 60 | 50 | |
Interest expense | (520) | (459) | |
Other income (expense), net | (256) | (256) | |
Total non-operating (expense) | (716) | (665) | |
Income (loss) before income taxes | 2,102 | 1,568 | |
Provision for income taxes | (799) | (950) | |
Equity-method investment activity, net of tax | (22) | (22) | |
Net income (loss) | $1,281 | $596 |
AMAZON.COM INC. | |||
---|---|---|---|
Consolidated Balance Sheets | |||
In millions, except par value | 2016 Estimated |
Dec. 31, 2015 | |
Current Assets | |||
Cash and cash equivalents | $22,726 | $15,890 | |
Marketable securities | 3,918 | 3,918 | |
Inventories | 12,479 | 10,243 | |
Accounts receivable, net and other | 7,799 | 6,423 | |
Total current assets | 46,922 | 36,474 | |
Property and equipment, net | 21,117 | 21,838 | |
Goodwill | 3,759 | 3,759 | |
Other assets | 4,160 | 3,373 | |
Total assets | $75,958 | $65,444 | |
Current Liabilities | |||
Accounts payable | $24,828 | $20,397 | |
Accrued expenses and other | 12,609 | 10,384 | |
Unearned revenue | 3,770 | 3,118 | |
Total current liabilities | 41,207 | 33,899 | |
Long-term debt | 7,997 | 8,235 | |
Other long-term liabilities | 12,089 | 9,926 | |
Stockholders' equity | |||
Preferred stock, $0.01 par value: Authorized shares-500 | |||
Issued and outstanding shares-none | 0 | 0 | |
Common stock, $0.01 par value: Authorized shares-5,000 | |||
Issued shares-494 and 488 Outstanding shares-471 and 465 | 5 | 5 | |
Treasury stock, at cost | (1,837) | (1,837) | |
Additional paid-in capital | 13,394 | 13,394 | |
Accumulated other comprehensive loss | (723) | (723) | |
Retained earnings | 3,826 | 2,545 | |
Total stockholders' equity | 14,665 | 13,384 | |
Total liabilities and shareholders' equity | $75,958 | $65,444 |
CAPEX (Increase in gross Property and equipment)/Net sales | 4.3% |
Depreciation expense/Prior year gross PPE | 28.9% |
Dividends | $0 |
Long-term debt payments required in fiscal 2016 | $238 |
Refer to the above financial information for Amazon.com Inc. Prepare a forecast of its FY2016 statement of cash flows.
Round all answers to the nearest whole number. Use negative signs with answers, when appropriate.
Amazon.com Inc Forecasted Statement of Cash Flows | |
---|---|
($ millions) | 2016 Est. |
Net income | |
Depreciation | |
Inventories | |
Accounts receivable, net and other | |
Other assets | |
Accounts payable | |
Accrued expenses and other | |
Unearned revenue | |
Other long-term liabilities | |
Cash from operating activities | |
CAPEX | |
Cash from investing activities | |
Debt repayment | |
Cash from financing activities | |
Change in cash | |
Cash at start of year | |
Cash at end of year |
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