Facebook Financial Performance Report
Financial Performance
7.1 Financial Statement
FACEBOOK, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
(In millions, except for number of shares and par value)
(Unaudited)
| | | | | | | | | | | June 30,
2012 | | | December 31,
2011 | | Assets | | | | | | | | | Current assets: | | | | | | | | | Cash and cash equivalents | | $ | 2,098 | | | $ | 1,512 | | Marketable securities | | | 8,090 | | | | 2,396 | | Accounts receivable, net of allowances for doubtful accounts of $17 as of June 30, 2012 and December 31, 2011 | | | 578 | | | | 547 | | Income tax refundable | | | 567 | | | | 0 | | Prepaid expenses and other current assets | | | 634 | | | | 149 | | | | | | | | | | | Total current assets | | | 11,967 | | | | 4,604 | | Property and equipment, net | | | 2,105 | | | | 1,475 | | Goodwill and intangible assets, net | | | 809 | | | | 162 | | Other assets | | | 47 | | | | 90 | | | | | | | | | | | Total assets | | $ | 14,928 | | | $ | 6,331 | | | | | | | | | | | Liabilities and stockholders’ equity | | | | | | | | | Current liabilities: | | | | | | | | | Accounts payable | | $ | 43 | | | $ | 63 | | Platform partners payable | | | 153 | | | | 171 | | Accrued expenses and other current liabilities | | | 441 | | | | 296 | | Deferred revenue and deposits | | | 85 | | | | 90 | | Current portion of capital lease obligations | | | 312 | | | | 279 | | | | | | | | | | | Total current liabilities | | | 1,034 | | | | 899 | | Capital lease obligations, less current portion | | | 394 | | | | 398 | | Other liabilities | | | 191 | | | | 135 | | |
7.1 Financial Statement
FACEBOOK, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
(In millions, except for number of shares and par value)
(Unaudited)
| | | | | | | | | | | June 30,
2012 | | | December 31,
2011 | | Assets | | | | | | | | | Current assets: | | | | | | | | | Cash and cash equivalents | | $ | 2,098 | | | $ | 1,512 | | Marketable securities | | | 8,090 | | | | 2,396 | | Accounts receivable, net of allowances for doubtful accounts of $17 as of June 30, 2012 and December 31, 2011 | | | 578 | | | | 547 | | Income tax refundable | | | 567 | | | | 0 | | Prepaid expenses and other current assets | | | 634 | | | | 149 | | | | | | | | | | | Total current assets | | | 11,967 | | | | 4,604 | | Property and equipment, net | | | 2,105 | | | | 1,475 | | Goodwill and intangible assets, net | | | 809 | | | | 162 | | Other assets | | | 47 | | | | 90 | | | | | | | | | | | Total assets | | $ | 14,928 | | | $ | 6,331 | | | | | | | | | | | Liabilities and stockholders’ equity | | | | | | | | | Current liabilities: | | | | | | | | | Accounts payable | | $ | 43 | | | $ | 63 | | Platform partners payable | | | 153 | | | | 171 | | Accrued expenses and other current liabilities | | | 441 | | | | 296 | | Deferred revenue and deposits | | | 85 | | | | 90 | | Current portion of capital lease obligations | | | 312 | | | | 279 | | | | | | | | | | | Total current liabilities | | | 1,034 | | | | 899 | | Capital lease obligations, less current portion | | | 394 | | | | 398 | | Other liabilities | | | 191 | | | | 135 | | |