Annual Financials for

International Business
Machines Corp.

Assets
Fiscal year is January-December. All values
USD millions.
Cash & Short Term Investments
Cash Only
Short-Term Investments
Total Accounts Receivable
Accounts Receivables, Net
Accounts Receivables, Gross
Bad Debt/Doubtful Accounts
Other Receivables
Inventories
Finished Goods
Work in Progress
Raw Materials
Progress Payments & Other
Other Current Assets
Miscellaneous Current Assets
Total Current Assets

Net Property, Plant & Equipment

Property, Plant & Equipment - Gross
Buildings
Land & Improvements
Computer Software and Equipment
Other Property, Plant & Equipment
Accumulated Depreciation
Total Investments and Advances
Other Long-Term Investments

2007
15.08B
38.58B
8.5B
701M
23.5B
1.94B
1.67B

2007

2008

2009

2010

2011

16.15B 12.91B 13.97B 11.65B 11.92B

14.99B 2.73B 2.91B 2.86B 11.92B
1.16B 10.18B 11.07B 8.79B 0
28.79B 27.56B 26.79B 28.23B 29.56B
27.72B 10.91B 10.74B 10.83B 11.18B
28.27B 11.54B 11.41B 11.51B 11.76B
(550M) (632M) (670M) (676M) (578M)
1.07B 16.65B 16.06B 17.39B 18.38B
2.66B 2.7B 2.49B 2.45B 2.6B
668M 524M 533M 432M 589M
2B
2.18B 1.96B 2.02B 2.01B
0
0
0
0
0
5.58B 5.84B 5.68B 5.79B 6.85B
5.58B 5.84B 5.68B 5.79B 6.85B
53.18B 49B
48.94B 48.12B 50.93B
2008
14.3B
38.44B
8.82B
729M
24.14B
1.85B
1.68B

2009
14.17B
39.6B
9.31B
737M
25.43B
1.47B
1.35B

2010
14.1B
40.29B
9.41B
777M
26.19B
1.59B
1.47B

2011
13.88B
40.12B
9.53B
786M
26.24B
1.32B
1.19B

Long-Term Note Receivable

Intangible Assets
Net Goodwill
Net Other Intangibles
Other Assets
Tangible Other Assets
Total Assets

2007
11.6B
16.39B
14.29B
2.11B
20.73B
1.61B
120.43B

2008
11.42B
21.1B
18.23B
2.88B
4.58B
684M
109.52B

2009
11.26B
22.7B
20.19B
2.51B
6.3B
783M
109.02B

2010
11.11B
28.62B
25.14B
3.49B
6.7B
665M
113.45B

2011
10.98B
29.61B
26.21B
3.39B
6.21B
598M
116.43B

2008
11.24B
2.29B
8.94B
7.01B
2.74B
21.44B
4.62B
16.82B
42.44B
22.69B
22.69B
22.69B
0
0
23.01B
(7B)
270M
7.27B
7.54B
4.37B
3.17B
95.94B
0
0
0
0
13.47B
419M
70.35B
0

2009
4.17B
1.95B
2.22B
7.44B
3.83B
20.57B
4.51B
16.07B
36B
21.93B
21.93B
21.93B
0
19.58B
(3.73B)
470M
4.2B
8.28B
4.72B
3.56B
86.27B
0
0
0
22.64B
425M
80.9B
0

2010
6.78B
2.76B
4.02B
7.8B
4.22B
21.76B
5.03B
16.74B
40.56B
21.85B
21.85B
21.85B
0
0
19.46B
(2.84B)
378M
3.22B
8.03B
4.36B
3.67B
90.28B
0
0
0
0
23.05B
45.42B
92.53B
-

2011
8.46B
4.16B
4.3B
8.52B
3.31B
21.83B
5.1B
16.73B
42.12B
22.86B
22.86B
22.86B
0
0
22.36B
(2.95B)
549M
3.5B
8.31B
4.46B
3.85B
96.2B
0
0
0
0
20.14B
48.13B
104.86B
0

1.36B

2.38B

1.84B

Liabilities & Shareholders' Equity

2007
ST Debt & Current Portion LT Debt
12.24B
Short Term Debt
8.55B
Current Portion of Long Term Debt
3.69B
Accounts Payable
8.05B
Income Tax Payable
3.67B
Other Current Liabilities
20.35B
Dividends Payable
Accrued Payroll
4.65B
Miscellaneous Current Liabilities
15.7B
Total Current Liabilities
44.31B
Long-Term Debt
23.04B
Long-Term Debt excl. Capitalized Leases 23.04B
Non-Convertible Debt
23.04B
Convertible Debt
0
Capitalized Lease Obligations
0
Provision for Risks & Charges
13.58B
Deferred Taxes
(449M)
Deferred Taxes - Credit
1.06B
Deferred Taxes - Debit
1.51B
Other Liabilities
9.97B
Other Liabilities (excl. Deferred Income) 6.91B
Deferred Income
3.06B
Total Liabilities
91.96B
Non-Equity Reserves
0
Preferred Stock (Carrying Value)
0
Redeemable Preferred Stock
0
Non-Redeemable Preferred Stock
0
Common Equity (Total)
28.47B
Common Stock Par/Carry Value
412M
Retained Earnings
60.64B
ESOP Debt Guarantee
0
Cumulative Translation
3.43B
Adjustment/Unrealized For. Exch. Gain

2007
Unrealized Gain/Loss Marketable
Securities
Revaluation Reserves
Treasury Stock
Total Shareholders' Equity
Accumulated Minority Interest
Total Equity
Liabilities & Shareholders' Equity

325M

2008
0

2009
113M

2010
164M

2011
13M

0
0
0
0
(63.95B) (74.17B) (81.24B) (96.16B) (110.96B)
28.47B 13.47B 22.64B 23.05B 20.14B
0
119M 118M 126M 98M
28.47B 13.59B 22.76B 23.17B 20.24B
120.43B 109.52B 109.02B 113.45B 116.43B

BY
-LOGESH 1 BCOM CAB
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