y mean Sel) | , Mala aalaaaa hakra The project in de were mutalaiarasar T.Apar Ope , mahe is Aramm mal at a MI oala Mutt The finalmente portal in what , feita laa tralam the lakmini nthara sith until y Maliyyete their profile Mataaa 4 to which wer we are del tre Nali Wat ya has 2001 www want | canarayantaal 2013 letter | Aaralaal laiyaa NIGMalai Murthritals CE FITTI tam KAM.In he talarts of them wentle male or AIMeet Dum malya Nal y ate to ADalithmuni maranai Arathum Aanai CORPORATOR SUBOUS TALENT www hral| wa w tor W The www Share wy w www Onea www www Www | dy AD were ofte German harma w wwwww hina The war - Heale - WART ws ha Nvidia Corporation is an American multinational technology company. It designs semiconductor chips and graphics processing units (GPUs) for the gaming and professional markets, as well as system on a chip units (SOC) for the mobile computing and automotive market. Its professional lines of GPUs are used in workstations for applications in such fields as architecture, engineering and construction, media and entertainment, automotive, scientific research, and manufacturing design. Nvidia Corporation's most recent Form 10-K filing with the U.S. Securities and Exchange Commission is available online in searchable form at: https://www.sec.gov/ix?doc=/Archives/edgar/dnta/1045810/000104581021000010vda-20210131.htm Excerpts from Nvidia Corporation's most recent Form 10-K filing are reproduced as part of this project and contain the information needed to answer the project questions. NVIDIA CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF INCOME (In millions, except per share data) Year Ended January 31, January 26, January 27, 2021 2020 2019 Revenue $ 16,675 $ 10,918 $ 11,716 Cost of Goods Sold 6,279 4,150 4,545 Gross profit 10,396 6.768 7,171 Operating expenses Research and development 3,924 2,829 2,376 Sales, general and administrative 1,940 1,093 991 Total operating expenses 5,864 3,922 3,367 Income from operations 4,532 2,846 3,804 Interest income 57 178 136 Interest expense (184) (52) (58) Other, net 4 (2) 14 Other income (expense), net (123) 124 92 Income before income tax 4,409 2,970 3,896 Income tax expense (benefit) 77 174 (245) Net income $ 4,332 $ 2,796 $ 4,141 3 NVIDIA CORPORATION AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (in millions, except par value) January 31, January 26, 2021 2020 ASSETS Current assets Cash and cash equivalents Marketable securities Accounts receivable, net Inventories Prepaid expenses and other current assets Total current assets Property and equipment, net Operating lease assets Goodwill Intangible assets, net Deferred income tax assets Other assets Total assets 847 $ 10,714 2,429 1.826 239 16,055 2,149 707 4,193 2,737 806 2,144 28,791 $ 10,896 1 1,657 979 157 13,690 1,674 618 618 49 548 118 17.315 $ $ 687 1,097 1,201 $ 1,725 999 3.925 5,964 634 1,375 11.898 1,784 1.991 561 775 5.111 LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities Accounts payable Accrued and other current liabilities Short-term debt Total current liabilities Long-term debt Long-term operating lease liabilities Other long-term liabilities Total liabilities Shareholders' equity Preferred stock, $0.001 par value: 2 shares authorized: none issued Common stock, $0.001 par value; 2,000 shares authorized: 965 shares issued and 620 outstanding as of January 31, 2021: 955 shares issued and 612 outstanding as of January 26, 2020 Additional paid-in capital Treasury stock, at cost (345 shares in 2021 and 342 shares in 2020) Accumulated other comprehensive income Retained earnings Total shareholders' equity Total liabilities and shareholders' equity 1 1 8,721 (10,756) 19 18,908 16,893 28,791 $ 7,045 (9,814) 1 14,971 12,204 17,315 $ y mean Sel) | , Mala aalaaaa hakra The project in de were mutalaiarasar T.Apar Ope , mahe is Aramm mal at a MI oala Mutt The finalmente portal in what , feita laa tralam the lakmini nthara sith until y Maliyyete their profile Mataaa 4 to which wer we are del tre Nali Wat ya has 2001 www want | canarayantaal 2013 letter | Aaralaal laiyaa NIGMalai Murthritals CE FITTI tam KAM.In he talarts of them wentle male or AIMeet Dum malya Nal y ate to ADalithmuni maranai Arathum Aanai CORPORATOR SUBOUS TALENT www hral| wa w tor W The www Share wy w www Onea www www Www | dy AD were ofte German harma w wwwww hina The war - Heale - WART ws ha Nvidia Corporation is an American multinational technology company. It designs semiconductor chips and graphics processing units (GPUs) for the gaming and professional markets, as well as system on a chip units (SOC) for the mobile computing and automotive market. Its professional lines of GPUs are used in workstations for applications in such fields as architecture, engineering and construction, media and entertainment, automotive, scientific research, and manufacturing design. Nvidia Corporation's most recent Form 10-K filing with the U.S. Securities and Exchange Commission is available online in searchable form at: https://www.sec.gov/ix?doc=/Archives/edgar/dnta/1045810/000104581021000010vda-20210131.htm Excerpts from Nvidia Corporation's most recent Form 10-K filing are reproduced as part of this project and contain the information needed to answer the project questions. NVIDIA CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF INCOME (In millions, except per share data) Year Ended January 31, January 26, January 27, 2021 2020 2019 Revenue $ 16,675 $ 10,918 $ 11,716 Cost of Goods Sold 6,279 4,150 4,545 Gross profit 10,396 6.768 7,171 Operating expenses Research and development 3,924 2,829 2,376 Sales, general and administrative 1,940 1,093 991 Total operating expenses 5,864 3,922 3,367 Income from operations 4,532 2,846 3,804 Interest income 57 178 136 Interest expense (184) (52) (58) Other, net 4 (2) 14 Other income (expense), net (123) 124 92 Income before income tax 4,409 2,970 3,896 Income tax expense (benefit) 77 174 (245) Net income $ 4,332 $ 2,796 $ 4,141 3 NVIDIA CORPORATION AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (in millions, except par value) January 31, January 26, 2021 2020 ASSETS Current assets Cash and cash equivalents Marketable securities Accounts receivable, net Inventories Prepaid expenses and other current assets Total current assets Property and equipment, net Operating lease assets Goodwill Intangible assets, net Deferred income tax assets Other assets Total assets 847 $ 10,714 2,429 1.826 239 16,055 2,149 707 4,193 2,737 806 2,144 28,791 $ 10,896 1 1,657 979 157 13,690 1,674 618 618 49 548 118 17.315 $ $ 687 1,097 1,201 $ 1,725 999 3.925 5,964 634 1,375 11.898 1,784 1.991 561 775 5.111 LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities Accounts payable Accrued and other current liabilities Short-term debt Total current liabilities Long-term debt Long-term operating lease liabilities Other long-term liabilities Total liabilities Shareholders' equity Preferred stock, $0.001 par value: 2 shares authorized: none issued Common stock, $0.001 par value; 2,000 shares authorized: 965 shares issued and 620 outstanding as of January 31, 2021: 955 shares issued and 612 outstanding as of January 26, 2020 Additional paid-in capital Treasury stock, at cost (345 shares in 2021 and 342 shares in 2020) Accumulated other comprehensive income Retained earnings Total shareholders' equity Total liabilities and shareholders' equity 1 1 8,721 (10,756) 19 18,908 16,893 28,791 $ 7,045 (9,814) 1 14,971 12,204 17,315 $