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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: pater tenebrarum who wrote (79557)12/14/1999 5:50:00 PM
From: SeaViewer  Read Replies (1) of 86076
 
HB:

Take a look at the ORCL balance sheet, you will find sharehold equities went down $300 million comparing 6 month ago. I am wondering if they screwed up the numbers.

ORACLE CORPORATION
CONDENSED CONSOLIDATED BALANCE SHEETS
($ in thousands)

November 30, May 31,
1999 1999
---------- ----------
(unaudited)
ASSETS

Current Assets
Cash and short term investments $2,133,756 $2,562,764
Trade receivables, net 1,768,914 2,238,204
Prepaid and refundable income
taxes 229,288 299,670
Other current assets 267,898 346,636
---------- ----------

Total Current Assets 4,399,856 5,447,274
---------- ----------

Long-term cash investments 193,475 249,547
Property and equipment, net 966,404 987,482
Computer software development costs,
net 99,337 98,870
Other assets 717,157 476,481
---------- ----------

TOTAL ASSETS $6,376,229 $7,259,654
========== ==========

LIABILITIES AND STOCKHOLDERS' EQUITY

Current Liabilities
Notes payable, including current
maturities $3,184 $3,638
Accounts payable 244,667 283,896
Income taxes 111,902 277,700
Customer advances and unearned
revenues 925,141 1,007,149
Other current liabilities 1,185,828 1,474,040
---------- ----------

Total Current Liabilities 2,470,722 3,046,423
---------- ----------

Long-term debt 300,662 304,140

Long-term liabilities 73,671 77,937

Deferred income taxes 130,618 135,887

Stockholders' equity 3,400,556 3,695,267
---------- ----------

TOTAL LIABILITIES AND STOCKHOLDERS'
EQUITY $6,376,229 $7,259,654
========== ==========
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