Apple Inc (NMS: AAPL)

Exchange rate used is that of the Year End reported date

As Reported Annual Balance Sheet

Report Date 09/29/2018
Currency USD
Audit Status Not Qualified
Consolidated Yes
Scale Thousands

Assets
Cash & cash equivalents 25,913,000
Marketable securities 40,388,000
Accounts receivable, gross -
Allowances -
Accounts receivable, net 23,186,000
Finished goods -
Inventories 3,956,000
Vendor non-trade receivables 25,809,000
Other current assets 12,087,000
Total current assets 131,339,000
Marketable securities 170,799,000
Land & buildings 16,216,000
Machinery, equipment, & internal-use software 65,982,000
Leasehold improvements 8,205,000
Gross property, plant & equipment 90,403,000
Accumulated depreciation & amortization 49,099,000
Property, plant & equipment, net 41,304,000
Goodwill -
Acquired intangible assets, net -
Other non-current assets 22,283,000
Total non-current assets 234,386,000
Total assets 365,725,000

Liabilities
Accounts payable 55,888,000
Accrued expenses -
Deferred revenue 7,543,000
Other current liabilities 32,687,000
Commercial paper 11,964,000
Current portion of long-term debt 8,784,000
Total current liabilities 116,866,000
Deferred revenue 2,797,000
Floating & fixed-rate notes 104,193,000
Total debt 104,193,000
Unamortized discount -218,000
Hedge accounting fair value adjustments -1,456,000
Less: current portion of long-term debt 8,784,000
Term debt 93,735,000
Long-term taxes payable 33,589,000
Deferred tax liabilities 426,000
Other non-current liabilities 11,165,000
Other non-current liabilities 45,180,000
Total non-current liabilities 141,712,000
Total liabilities 258,578,000
Common stock 40,201,000
Retained earnings 70,400,000
Cumulative foreign currency translation -1,055,000
Unrecognized gains (losses) on derivative instruments 810,000
Unrealized gains (losses) on marketable securities -3,209,000
Accumulated other comprehensive income (loss) -3,454,000
Total shareholders' equity 107,147,000

Total Liabilities & Shareholders' Equity 365,725,000

Reference

Mergent Online. (2019). Apple Inc (NMS: AAPL) Retrieved May 26, 2019 from: http://www.mergentonline.com.ezproxy.snhu.
/www.mergentonline.com.ezproxy.snhu.edu/companyfinancials.php?compnumber=12161
 Apple Inc (NMS: AAPL)
Exchange rate used is that of the Year End reported date

As Reported Annual Income Statement

Report Date 09/29/2018
Currency USD
Audit Status Not Qualified
Consolidated Yes
Scale Thousands

Net sales 265,595,000

Cost of sales 163,756,000
Gross margin 101,839,000
Research & development expense 14,236,000
Selling, general & administrative expense 16,705,000
Total operating expenses 30,941,000
Operating income (loss) 70,898,000
Interest & dividend income 5,686,000
Interest expense 3,240,000
Other income (expense), net -441,000
Other income (expenses), net 2,005,000
Income (loss) before provision for income taxes 72,903,000
Current federal income tax expense (benefit) 41,425,000
Deferred federal income tax expense (benefit) -33,819,000
Total federal income tax expense (benefit) 7,606,000
Current state income tax expense (benefit) 551,000
Deferred state income tax expense (benefit) 48,000
Total state income tax expense (benefit) 599,000
Current foreign income tax expense (benefit) 3,986,000
Deferred foreign income tax expense (benefit) 1,181,000
Total foreign income tax expense (benefit) 5,167,000
Provision for (benefit from) income taxes 13,372,000
Net income (loss) 59,531,000
Weighted average shares outstanding - basic 4,955,377
Weighted average shares outstanding - diluted 5,000,109
Year end shares outstanding 4,754,986
Net earnings (loss) per common share - basic 12
Net earnings (loss) per common share - diluted 12
Cash dividends declared per common share 3
Number of full time employees 132,000
Number of common stockholders 23,710
Foreign currency translation adjustments -525,000

Reference
Mergent Online. (2019). Apple Inc (NMS: AAPL) Retrieved May 26, 2019 from: http://www.mergentonline.com.ezproxy.snhu.
/www.mergentonline.com.ezproxy.snhu.edu/companyfinancials.php?pagetype=asreported&compnumber=12161&period=Annuals&data
161&period=Annuals&dataarea=PL&range=3&currency=AsRep&scale=AsRep&Submit=Refresh
 Apple Inc (NMS: AAPL)
Exchange rate used is that of the Year End reported date

As Reported Annual Cash Flow

Report Date 09/29/2018
Currency USD
Audit Status Not Qualified
Consolidated Yes
Scale Thousands

Cash & cash equivalents, beginning of the year 20,289,000

Net income (loss) 59,531,000
Depreciation & amortization 10,903,000
Share-based compensation expense 5,340,000
Deferred income tax expense (benefit) -32,590,000
Other adjustments -444,000
Accounts receivable, net -5,322,000
Inventories 828,000
Vendor non-trade receivables -8,010,000
Other current & non-current assets -423,000
Accounts payable 9,175,000
Deferred revenue -44,000
Other current & non-current liabilities 38,490,000
Net cash flows from operating activities 77,434,000
Purchases of marketable securities -71,356,000
Proceeds from maturities of marketable securities 55,881,000
Proceeds from sales of marketable securities 47,838,000
Payments made in connection with business acquisitions, net -721,000
Purchases of non-marketable securities -1,871,000
Proceeds from non-marketable securities 353,000
Payment for acquisition of property, plant & equipment -13,313,000
Payment for acquisition of intangible assets -
Payments for strategic investments -
Other cash flow from investing activities -745,000
Net cash flows from investing activities 16,066,000
Proceeds from issuance of common stock 669,000
Excess tax benefits from equity awards -
Payments for taxes related to net share settlement of equity awards -2,527,000
Payments for dividends & dividend equivalents -13,712,000
Repurchases of common stock -72,738,000
Proceeds from issuance of term debt, net 6,969,000
Repayments of term debt -6,500,000
Change in commercial paper, net -37,000
Net cash flows from financing activities -87,876,000
Increase (decrease) in cash & cash equivalents 5,624,000
Cash & cash equivalents, end of the year 25,913,000
Cash paid (received) for income taxes, net 10,417,000
Cash paid during the year for interest 3,022,000

Reference

Mergent Online. (2019). Apple Inc (NMS: AAPL) Retrieved May 26, 2019 from: http://www.mergentonline.com.ezproxy.snhu.
entonline.com.ezproxy.snhu.edu/companyfinancials.php?pagetype=asreported&compnumber=12161&period=Annuals&dataarea=CF&ran
Annuals&dataarea=CF&range=3&currency=AsRep&scale=AsRep&Submit=Refresh
 Apple Inc (NMS: AAPL)
Issue: Apple Inc(NMS:AAPL)

Time Period 1 Week

Frequency Daily
Adjusted Prices

Historical Pricing
Date Open High Low Close Volume Price Move (%) Return (%)
05/24/2019 180 182 179 179 23,707,152 -38% -5.31%
05/23/2019 180 181 178 180 36,512,789 -171%
05/22/2019 185 186 183 183 29,723,308 -205%
05/21/2019 185 188 185 187 28,355,174 192%
05/20/2019 184 184 180 183 38,587,347 -313%
05/17/2019 187 191 187 189 32,870,414 -57%

Reference

Mergent Online. (2019). Apple Inc (NMS: AAPL) Retrieved May 26, 2019 from: http://www.mergentonline.com.ezproxy.snhu.
 The stock had a -5.31 percent return over the period May 17th through May 24th 2019.

ntonline.com.ezproxy.snhu.edu/equitypricing.php?compnumber=12161