Facebook Financial Performance Report Free Essays

Money related Performance 7. 1 Financial Statement FACEBOOK, INC. Dense CONSOLIDATED BALANCE SHEETS (In millions, aside from number of offers and standard worth) (Unaudited) |  â | Juneâ 30, 2012|  | Decemberâ 31, 2011|  | Assets|  â | |  | | Current assets:|  â | |  | | Money and money equivalents|  â | $| 2,098|  | $| 1,512|  â | Marketable securities|  â |  | 8,090|  | 2,396|  â | Accounts receivable, net of recompenses for far fetched records of $17 as of Juneâ 30, 2012 and Decemberâ 31, 2011|  â |  | 578|  | 547|  â | Income charge refundable|  â |  | 567|  â |  | 0|  â | Prepaid costs and other current assets|  â |  | 634|  | 149|  â | |  â |  | All out current assets|  â |  | 11,967|  | 4,604|  â | Property and gear, net|  â |  | 2,105|  | 1,475|  â | Goodwill and immaterial resources, net|  â |  | 809|  | 162|  â | Other assets|  â |  | 47|  â |  | 90|  â | |  â |  | Total assets|  â | $| 14,928|  | $| 6,331|  â | |  â |  | Liabilities and stockholders’ equity|  â | |  | | Current liabilities:|  â | |  | | Records payable|  â | $| 43|  | $| 63|  â | Platform accomplices payable|  â |  | 153|  â |  | 171|  â | Accrued costs and other current liabilities|  â |  | 441|  | 296|  â | Deferred income and deposits|  â |  | 85|  | 90|  â | Current bit of capital rent obligations|  â |  | 312|  | 279|  â | |  â |  | Total current liabilities|  â |  | 1,034|  â |  | 899|  â | Capital rent commitments, less present portion|  â |  | 394|  â |  | 398|  â | Other liabilities|  â |  | 191|  | 135|  â | |  â |  | All out liabilities|  â |  | 1,619|  | 1,432|  â | |  â |  | Stockholders’ equity:|  â | |  | | Convertible favored stock, $0. We will compose a custom exposition test on Facebook Financial Performance Report or then again any comparable point just for you Request Now 000006 standard worth, issuable in arrangement; no offers and 569â million offers approved as of June 30, 2012 and December 31, 2011, individually, no offers and 543â million offers gave and extraordinary as of Juneâ 30, 2012 and Decemberâ 31, 2011, respectively|  â |  | 0|  | 615|  â | Common stock, $0. 00006 standard worth; 5,000â million and 4,141â million Class A shares approved as of Juneâ 30, 2012 and Decemberâ 31, 2011, separately, 641â million and 117â million offers gave and extraordinary as of Juneâ 30, 2012 and Decemberâ 31, 2011, individually, including 1â million remarkable offers subject to repurchase as of Juneâ 30, 2012 and Decemberâ 31, 2011; 4,141â million Class B shares approved, 1,501â million and 1,213â million offers gave and exceptional as of Juneâ 30, 2012 and Decemberâ 31, 2011, individually, including 2â million extraordinary offers subject to repurchase, as of Juneâ 30, 2012 and Decemberâ 31, 2011|  â |  | 0|  â |  | 0|  â | Additional paid-in capital|  â |  | 11,684|  | 2,684|  â | Accumulated other far reaching loss|  â |  | (29| ) | (6| ) | Retained earnings|  â |  | 1,654|  | 1,606|  â | |  â |  | Total stockholders’ equity|  â |  | 13,309|  | 4,899|  â | |  â |  | Total liabilities and stockholders’ equity|  â | $| 14,928|  | $| 6,331|  â | |  â |  | Revenue|  â | $| 1,184|  | $| 895|  | $| 2,242|  â |  | | 1,626|  â | Costs and expenses:|  â | |  | |  | |  | | Cost of revenue|  â |  | 367|  â |  | 210|  | 644|  â |  | 377|  | Marketing and sales|  â |  | 392|  â |  | 96|  | 535|  â |  | 158|  | Research and development|  â |  | 705|  â |  | 99|  | 858|  â |  | 156|  | General and administrative|  â |  | 463|  â |  | 83|  | 567|  â |  | 140|  | |  â |  | Total expenses and expenses|  â |  | 1,927|  â |  | 488|  | 2,604|  â |  | 831|  | |  â |  | (Loss) pay from operations|  â |  | (743| ) | 407|  | (362| ) | 795|  | Interest and other salary (cost), net:|  â | |  | |  | |  | | Interest expense|  â |  | (10| ) | (9| ) | (24| ) | (17| ) | Other pay (cost), net|  â |  | (12| ) | 1|  â |  | 3|  â |  | 19|  | |  â |  | (Loss) pay before advantage from (arrangement for) money taxes|  â |  | (765| ) | 399|  | (383| ) | 797|  | Benefit from (arrangement for) money taxes|  â |  | 608|  â |  | (159| ) | 431|  â |  | (326| ) | |  â |  | Net (deficit) income|  â | $| (157| ) | $| 240|  | $| 48|  â |  | $| 471|  â | |  â |  | Less: Net pay inferable from taking an interest securities|  â |  | 0|  â |  | 81|  â |  | 21|  â |  | 160|  â | |  â |  | Net (shortfall) pay owing to Class A and Class B normal stockholders|  â | $| (1 57| ) | $| 159|  | $| 27|  â |  | $| 311|  | |  â |  | (Loss) profit per share owing to Class A and Class B regular stockholders:|  â | |  | |  | |  | | Basic|  â | ($| 0. 08| ) | $| 0. 12|  â |  | $| 0. 02|  â |  | $| 0. 25|  â | |  â |  | Diluted|  â | ($| 0. 08| ) | $| 0. 11|  â |  | $| 0. 02|  â |  | $| 0. 22|  â | |  â |  | Weighted verage shares used to process (shortfall) profit per share owing to Class A and Class B normal stockholders:|  â | |  | |  | |  | | Basic|  â |  | 1,879|  â |  | 1,292|  â |  | 1,613|  â |  | 1,267|  â | |  â |  | Diluted|  â |  | 1,879|  â |  | 1,510|  â |  | 1,792|  â |  | 1,499|  â | |  â |  | Share-based remuneration cost remembered for costs and expenses:|  â | |  | |  | |  | | Cost of revenue|  â | $| 66|  â |  | $| 3|  â |  | $| 71|  â |  | $| 3|  â | Marketing and sales|  â |  | 232|  â |  | 11|  â |  | 251|  â |  | 11|  â | Research and development|  â |  | 545|  â |  | 35|  â |  | 605|  â |  | 39|  â | General and administrative|  â |  | 263|  â |  | 15|  â |  | 282|  â |  | 18|  â | |  â |  | Total offer based pay expense|  â | $| 1,106|  â |  | $| 64|  â |  | $| 1,209|  â |  | $| 71|  | | Three Months Ended Juneâ 30,|  |  â | Six Months Ended Juneâ 30,|  |  â | 2012|  | 2011|  |  â | 2012|  | 2011|  | Net (deficit) income|  â | $| (157| ) | $| 240|  |  â | $| 48|  â |  | $|  471|  â | Other far reaching (deficit) income:|  â | |  | |  â | |  | | Foreign money interpretation adjustment|  â |  | (21| ) | 0|  â |  | (22| ) | 1|  â | Change in undiscovered addition (deficit) on ready to move ventures, net of tax|  â |  | (1| ) | 0|  â |  | (1| ) | 0|  â | |  â |  | Â