Advanced Micro Devices reported a net loss of $611 million for the first quarter of 2007, with net revenue of $1.233 billion. The Computing Solutions segment experienced an operating loss of $321 million on $918 million in revenue. Research and development expenses were $432 million for the quarter. Adjusted EBITDA, which excludes certain one-time acquisition costs, was a loss of $196 million.
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Introduction to Indian Financial System ()Avanish Goel
The financial system of a country is an important tool for economic development of the country, as it helps in creation of wealth by linking savings with investments.
It facilitates the flow of funds form the households (savers) to business firms (investors) to aid in wealth creation and development of both the parties
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
How to get verified on Coinbase Account?_.docxBuy bitget
t's important to note that buying verified Coinbase accounts is not recommended and may violate Coinbase's terms of service. Instead of searching to "buy verified Coinbase accounts," follow the proper steps to verify your own account to ensure compliance and security.
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
1. ADVANCED MICRO DEVICES, INC.
CONSOLIDATED STATEMENTS OF OPERATIONS
(Millions except per share amounts and percentages)
Quarter Ended
Mar. 31, Dec. 31, Mar. 26,
2007 2006 2006
(Unaudited) (Unaudited) (Unaudited)
Net revenue $ 1,233 $ 1,773 $ 1,332
Cost of sales 886 1,132 553
Gross margin 347 641 779
Gross margin % 28.1% 36.2% 58.5%
Research and development 432 385 264
Marketing, general and administrative 335 296 256
In-process research and development - 416 -
Amortization of acquired intangible assets and integration charges 84 73 -
Operating income (loss) (504) (529) 259
Interest income 16 22 28
Interest expense (78) (67) (23)
Other income (expense), net 2 2 (20)
Income (loss) before minority interest,
equity in net loss of Spansion Inc. and other and income taxes (564) (572) 244
Minority interest in consolidated subsidiaries (8) (8) (6)
Equity in net loss of Spansion Inc. and other (16) (5) (18)
Income (loss) before income taxes (588) (585) 220
Provision (benefit) for income taxes 23 (9) 35
Net income (loss) $ (611) $ (576) $ 185
Net income (loss) per common share
Basic $ (1.11) $ (1.08) $ 0.40
Diluted $ (1.11) $ (1.08) $ 0.38
Shares used in per share calculation
Basic 549 531 464
Diluted 549 531 495
2. ADVANCED MICRO DEVICES, INC.
CONSOLIDATED BALANCE SHEETS
(Millions)
Mar. 31, Dec. 31,
2007 2006*
(Unaudited)
Assets
Current assets:
Cash, cash equivalents and marketable securities $ 1,167 $ 1,541
Accounts receivable, net 667 1,140
Inventories 937 814
Prepaid expenses and other current assets 344 443
Deferred income taxes 71 25
Total current assets 3,186 3,963
Property, plant and equipment, net 4,405 3,987
Goodwill 3,187 3,217
Net investment in Spansion Inc. 345 371
Acquisition related intangible assets, net 1,136 1,207
Other assets 453 402
Total Assets $ 12,712 $ 13,147
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable 1,362 1,338
Accrued compensation and benefits 160 177
Accrued liabilities 698 716
Deferred income on shipments to distributors 181 169
Current portion of long-term debt and capital lease obligations 182 125
Other current liabilities 328 327
Total current liabilities 2,911 2,852
Deferred income taxes 43 31
Long-term debt and capital lease obligations, less current portion 3,659 3,672
Other long-term liabilities 591 517
Minority interest in consolidated subsidiaries 303 290
Stockholders' equity:
Capital stock:
Common stock, par value 5 5
Capital in excess of par value 5,373 5,316
Retained (deficit) earnings (332) 308
Accumulated other comprehensive income 159 156
Total stockholders' equity 5,205 5,785
Total Liabilities and Stockholders' Equity $ 12,712 $ 13,147
* Derived from the December 31, 2006 Audited Financial Statements of Advanced Micro Devices, Inc.
3. ADVANCED MICRO DEVICES, INC.
SELECTED CORPORATE DATA
(Unaudited)
(Millions except headcount and percentages)
Quarter Ended
Mar. 31, Dec. 31, Mar. 26,
Segment Information (1) 2007 2006 2006
Computing Solutions (2)
Net revenue $ 918 $ 1,486 $ 1,337
Operating income (loss) $ (321) $ 65 $ 312
Graphics (3)
Net revenue 197 166 -
Operating income (loss) (35) (27) -
Consumer Electronics (4)
Net revenue 118 120 -
Operating income (loss) (4) 20 -
All Other (5)
Net revenue - 1 (5)
Operating income (loss) (144) (587) (53)
Total AMD
Net revenue $ 1,233 $ 1,773 $ 1,332
Operating income (loss) $ (504) $ (529) $ 259
Other Data
Depreciation & amortization (excluding
amortization of acquired intangible assets) $ 243 $ 224 $ 174
Amortization of acquired intangible assets $ 71 $ 47 -
Capital additions $ 586 $ 666 $ 310
Headcount 16,745 16,464 10,246
Adjusted EBITDA (6) $ (196) $ 168 $ 417
(1) Starting in Q406, the Company no longer allocates employee stock-based compensation and profit sharing expenses to its segments. These expenses are recorded in the All Other category. Prior period information has
been restated to conform to current period presentation.
(2) Starting in Q107, Computing Solutions includes what was formerly the Computations Product Segment, the Embedded Products Segment and former ATI Chipset products. In Q406, former ATI Chipset products
were reported as part of the Graphics and Chipsets Segment. Prior period information has been restated to conform to current period presentation.
(3) Graphics includes 3D graphics, video and multimedia products developed for use in desktop and notebook computers, including home media PCs, professional workstations, and servers. In Q406, Graphics products
were reported as part of the Graphics and Chipsets Segment. As noted above, starting in Q107 the Chipset products are reported as part of Computing Solutions. Prior period information has been restated to conform
to current period presentation.
(4) Consumer Electronics includes products and revenue related to mobile phones, PDAs, digital televisions, and other consumer electronics.
(5) All Other category includes employee stock-based compensation expense, profit sharing expense, certain operating expenses and credits that are not allocated to the operating segments and Personal Internet
Communicator (PIC) related activities in Q406 and Q106. Also included in this category are the ATI acquisition-related and integration charges incurred in Q107 and Q406. Details of the ATI acquisition-related and
integration charges and employee stock-based compensation expense are shown below.
ATI acquisition-related and integration charges:
Q107 Q406 Employee stock-based compensation expense:
Q107 Q406 Q106
Amortization of acquired intangible assets $ 71 $ 47
Integration charges Cost of sales
13 26 $ 2$2 $ 2
Subtotal 84 73 Research and development 14 13 4
In-process research and development - 416 Marketing, general and administrative 12 12 9
Cost of fair value adjustment of acquired inventory $ 28 $ 27 $ 15
29 62
Total $ 113 $ 551
(6) Reconciliation of Net income (loss) to Adjusted EBITDA*
Q107 Q406 Q106
Net income (loss) $ (611) $ (576) $ 185
Depreciation and amortization 243 224 174
In-process research and development - 416
Amortization of acquired intangible assets 71 47
Interest expense 78 67 23
Provision (benefit) for income taxes 23 (10) 35
Adjusted EBITDA $ (196) $ 168 $ 417
* The Company defines Adjusted EBITDA as net income (loss) adjusted for depreciation and amortization, in-process research and development, amortization of acquired intangible assets, interest expense and taxes. The Company calculated and
communicated Adjusted EBITDA because management believes it is of interest to investors and lenders in relation to its overall capital structure and its ability to borrow additional funds. The Company’s calculation of Adjusted EBITDA may or may not
be consistent with the calculation of this measure by other companies in the same industry. Investors should not view Adjusted EBITDA as an alternative to the U.S. GAAP operating measure of net income or U.S. GAAP liquidity measures of cash flows
from operating, investing and financing activities. In addition, Adjusted EBITDA does not take into account changes in certain assets and liabilities as well as interest and income taxes that can affect cash flows.