International Business Machines Corporation (NYSE: IBM)

New Orchard Road
Armonk, NY 10504 (Map)
Phone: 914-499-1900
Fax: 800-314-1092
Toll Free: 800-426-4968
http://www.ibm.com

Annual Income Statement

All amounts in millions of
except per share amounts.
View: Annual | Quarterly Dec 08 Dec 07 Dec 06
Revenue 71,566.9 49,462.1 46,662.8
Cost of Goods Sold 40,033.4 28,568.4 27,117.0
Gross Profit 31,533.5 20,893.7 19,545.8
Gross Profit Margin 44.1% 42.2% 41.9%
SG&A Expense 16,150.4 11,045.4 10,340.2
Depreciation & Amortization 3,763.8 2,604.1 2,543.3
Operating Income 12,008.2 7,560.6 6,938.9
Operating Margin 16.8% 15.3% 14.9%
Nonoperating Income (31.1) 30.5 0.0
Nonoperating Expenses 236.9 282.9 --
Income Before Taxes 11,543.4 7,254.6 6,797.0
Income Taxes 3,025.5 2,038.3 1,991.1
Net Income After Taxes 8,517.9 5,216.3 4,805.9

Continuing Operations 8,517.9 5,216.3 4,805.9
Discontinued Operations 0.0 0.0 38.8
Total Operations 8,517.9 5,216.3 4,844.7
Total Net Income 8,517.9 5,216.3 4,844.7
Net Profit Margin 11.9% 10.5% 10.4%

Diluted EPS from Total Net Income (£) 6.17 3.60 3.12
Dividends per Share 1.31 0.75 0.56

Data Definitions

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