思科Cisco Systems Inc. (CSCO) 2007年年度报告「NASDAQ」.pdf

1、 Welcome to the Human Network at WorkCisco Systems,Inc.2007 Annual Report0304050607Fiscal YearNet Income(1)(dollars in billions)4.43.67.35.65.70304050607Fiscal YearNet Sales(dollars in billions)22.018.934.928.524.80304050607Fiscal YearDiluted Net Income per Share(in dollars)0.620.501.170.890.8703040

2、50607Fiscal YearCash and Cash Equivalentsand Investments(dollars in billions)19.320.722.317.816.1 Years EndedJuly 28,2007 July 29,2006 July 30,2005Net sales$34,922$28,484$24,801Income before provision for income taxes$9,461$7,633$8,036Net income(1)$7,333$5,580$5,741Net income per sharediluted$1.17$0

3、.89$0.87Consolidated Balance Sheets Data(in millions)July 28,2007 July 29,2006 July 30,2005Cash and cash equivalents and investments$22,266$17,814$16,055Total assets$53,340$43,315$33,883Shareholders equity$31,480$23,912$23,174 Financial HighlightsConsolidated Statements of Operations Data(in million

4、s,except per-share amounts)(1)Net income for fiscal 2007 and 2006 included share-based compensation expense under SFAS 123(R)of$617 million and$836 million,net of tax,respectively.See Note 2 on page 18.0 Welcome to a network where collaboration inspires innovation and communication builds community.

5、Welcome to a network experience that is the human experience.A human experience more connected,more intelligent,and more powerfully productive,where technology serves society to effect positive change in the ways we work,live,play,and learn.Welcome to the network at work.Welcome to the Human Network

6、.WELCOME TO CISCOIntroduction 1 Letter to Shareholders 12 Reports of Management 16Report of Independent Registered Public Accounting Firm 17 Selected Financial Data 18 Managements Discussion and Analysis of Financial Condition and Results of Operations 19 Quantitative and Qualitative Disclosures Abo