1、1F i n a n c i a l H i g h l i g h t s94 95 96 97 9894 95 96 97 9894 95 96 97 9894 95 96 97 9894 95 96 97 983.02.01.00-1.0-2.06004002000-200-4003002001000-100-2002.251.50.750-.75-1.503.02.01.00-1.0-2.0NET SALES?In billions of dollarsOPERATING?INCOME(LOSS)?In millions of dollarsNET INCOME(LOSS)?In mi
2、llions of dollarsDILUTED EARNINGS?PER SHARE?In dollarsSTOCKHOLDERS?EQUITY?In billions of dollarsFive Years Ended December 27,1998(Dollars in thousands except per share amounts,ratios and employment figures)19941995199619971998Net sales$2,155,453$2,468,379$1,953,019$2,356,375$2,542,141Operating incom
3、e(loss)469,035222,200(253,310)(90,653)(163,642)Net income(loss)270,942216,326(68,950)(21,090)(103,960)Net income(loss)per common share:Basic2.221.69(0.51)(0.15)(0.72)Diluted2.031.57(0.51)(0.15)(0.72)Working capital441,649461,509445,604448,497721,308Total assets2,525,7213,078,4673,145,2833,515,2714,2
4、52,968Long-term debt,capital lease obligations and other,less current portion75,752214,965444,830662,6891,372,416Stockholders equity1,797,3542,102,4622,021,8782,029,5432,005,049Capital additions586,473650,322493,723729,870996,170Depreciation and amortization224,421272,527346,774394,465467,521Researc
5、h and development295,326416,521400,703467,877567,402Research and development asa percentage of net sales13.7%16.9%20.5%19.9%22.3%Return on equity17.2%11.1%(3.3)%(1.0)%(5.2)%Debt as a percentage of capital7.6%11.9%19.4%26.6%43.2%Worldwide employment11,99412,98112,18112,75913,59721998 was the yearof t
6、he AMD-K6-2 processor with 3DNow!technology.Our introduction of the AMD-K6-2 processor with 3DNow!technology in May of 1998was a watershed event.For the first time in our history,we had a new,differentiated processor,fully compatible with the MicrosoftWindowscomputing standard,that offered clear,com