AMAZON

INTRODUCTION

Amazon (Amazon.com) is the world's largest online retailer and a prominent cloud service
provider.

Originally started as an online bookselling company, Amazon has morphed into an internet-
based business enterprise that is largely focused on providing e-commerce, cloud
computing, digital streaming and artificial intelligence (AI) services.Following an Amazon-to-
buyer sales approach, the company offers a monumental product range and inventory,
enabling consumers to buy just about anything, including clothing, beauty supplies, gourmet
food, jewelry, books, movies, electronics, pet supplies, furniture, toys, garden supplies and
household goods.Headquartered in Seattle, Amazon has individual websites, software
development centers, customer service centers, data centers and fulfillment centers around
the world.

History and timeline of Amazon

Amazon has come a long way since it was founded by Jeff Bezos in his garage in Bellevue,
Wash., on July 5, 1994.The following is a brief history and timeline of events that have
evolved Amazon from its humble beginnings to a multinational business empire.

The 1990s

Amazon officially opened for business as an online bookseller on July 16, 1995. Originally,
Bezos had incorporated the company as Cadabra but later changed the name to Amazon.
Bezos is said to have browsed a dictionary for a word beginning with A for the value of
alphabetic placement. He selected the name Amazon because it was exotic and different
and as a reference to his plan for the company's size to reflect that of the Amazon River,
one of the largest rivers in the world. Since its inception, the company's motto has always
been "get big fast."

The 2000s

In 2005, Amazon Prime This membership-based service for Amazon customers offers free
two-day shipping within the contiguous U.S., as well as streaming, shopping and reading
benefits. According to Amazon's website, current Amazon Prime membership rates are
$14.99 a month or $139 per year.

Amazon Web Services

This comprehensive and evolving cloud computing platform was also born in the 2000s.
The first Amazon Web Services (AWS) offerings were launched in 2006 to provide online
services for websites and client-side applications. Amazon Elastic Compute Cloud (EC2)
and Simple Storage Service (S3) are the backbones of the company's growing collection of
web services. The same year, Amazon also launched a cloud computing and video-on-
demand service known at the time as Unbox.
By changing the way people bought books, Amazon also shaped how they read them with
the launch of its first Kindle e-reader in 2007. This device helps users browse, buy and read
e-books, magazines and newspapers from the Kindle Store.

From the 2010s to present

Amazon debuted its first tablet computer, the Kindle Fire, in 2011 and the Amazon Fire TV
Stick, which is part of Amazon's extensive line of streaming media devices, in 2014.
Amazon also started an online Amazon Art marketplace for fine arts in 2013, which has
featured original works by famous artists such as Claude Monet and Norman Rockwell.
The popular in-home virtual assistant Amazon Alexa was rolled out to consumers in 2015
and was followed by the Alexa-equipped Echo Dot in 2016.
Amazon acquired the organic grocery store Whole Foods in 2017 and launched Amazon
Go, a chain of cashierless grocery stores in 2018.
The rise of in-home shopping during the COVID-19 pandemic made consumers rely on
Amazon even more, and the trend is likely to keep growing.
Amazon finances

According to a news release posted on Amazon's investor relations website, Amazon

experienced a significant increase in net sales but a decrease in operating income in the
first quarter of 2022. Following are some notable statistics from the release:

 Net sales increased 7% to $116.4 billion in the first quarter, compared with $108.5
billion in the first quarter of 2021. Excluding the $1.8 billion unfavorable impacts from
year-over-year changes in foreign exchange rates throughout the quarter, net sales
increased 9% compared with the first quarter of 2021.
 Operating income decreased to $3.7 billion in the first quarter, compared with $8.9
billion in the first quarter of 2021.
Net loss was $3.8 billion in the first quarter compared with net income of $8.1 billion
in the first quarter of 2021.
Besides being recognized as a company with business interests in e-commerce,
cloud computing and AI services, Amazon also offers an extensive list
of subscription services. Learn about these services and the perks they offer.
 AMAZON BALANCE SHEET
(FOR THE YEAR ENDED JAN-DEC 2018-2019,2020-2021)
ALL VALUES USD MILLIONS


Period Ending: 2021 2020 2019 2018

31/12 31/12 31/12 31/12

Total Current Assets 161580 132733 96335 75101

Cash and Short Term Investments 96059 85396 55021 41250
Cash - - - -
Cash & Equivalents 36220 52122 36092 31750
Short Term Investments 59829 52275 18929 9500
Total Receivables, Net 32659 25309 20550 16677
Accounts Receivables - Trade, Net 25500 25309 20550 16677
Total Inventory 32650 23795 20597 17175
Prepaid Expenses - - - -
Other Current Assets, Total 252 233 276 -
Total Assets 520559 321195 225258 162658
Property/Plant/Equipment, Total - Net 216363 150667 97856 61797
Property/Plant/Equipment, Total -
295882 211101 155821 95770
Gross
Accumulated Depreciation, Total -78519 -60535 -56975 -33973
Goodwill, Net 15371 15017 15755 15558
Intangibles, Net 5107 5981 5059 5110
Long Term Investments 5003 3200 679 518
Note Receivable - Long Term 7159 - - -
Other Long Term Assets, Total 18125 15597 11586 6575
Other Assets, Total 60062 - - -
Total Current Liabilities 152266 126385 87812 68391
Accounts Payable 78665 72539 57183 38192
Payable/Accrued - - - -
Accrued Expenses 28731 52983 31132 15161
Notes Payable/Short Term Debt 725 - - -
 Current Port. of LT Debt/Capital
16119 1155 1307 9502
Leases
Other Current liabilities, Total 18027 9708 8190 6536
Total Liabilities 282305 227791 163188 119099
Total Long Term Debt 70615 59876 50509 39787
Long Term Debt 55955 31816 23515 23595
Capital Lease Obligations 15670 18060 17095 16292
Deferred Income Tax - - - 1590
Minority Interest - - - -
Other Liabilities, Total 68699 51530 35867 9531
Total Equity 138255 93505 62060 53559
Redeemable Preferred Stock, Total - - - -
Preferred Stock - Non Redeemable,
- - - -
Net
Common Stock, Total 5 5 5 5
Additional Paid-In Capital 55538 52865 33658 26791
Retained Earnings (Accumulated
85915 52551 31220 19625
Deficit)
Treasury Stock - Common -1837 -1837 -1837 -1837
ESOP Debt Guarantee - - - -
Unrealized Gain (Loss) - - - -
Other Equity, Total -1376 -180 -986 -1035
Total Liabilities & Shareholders' Equity 520559 321195 225258 162658
Total Common Shares Outstanding 10180 10060 498 491
Total Preferred Shares Outstanding - - - -
 AMAZON CASH FLOW STATEMENT
(FOR THE YEAR ENDED JAN-DEC 2018-2019,2020-2021)
ALL VALUES USD MILLIONS

Period Ending: 2021 2020 2019 2018

31/12 31/12 31/12 31/12

Period Length: 0 Months 12 Months 12 Months 12 Months

Net Income/Starting Line 33365 21331 11588 10073
Cash From Operating Activities 56327 66065 38515 30723
Depreciation/Depletion 33785 25251 21789 15351
Amortization 512 - - -
Deferred Taxes -310 -555 796 551
Non-Cash Items -1722 6555 6779 5911
Cash Receipts - - - -
Cash Payments - - - -
Cash Taxes Paid 3688 1713 -881 1185
Cash Interest Paid 1772 916 875 855
Changes in Working Capital -19611 13581 -2538 -1053
Cash From Investing Activities -58155 -59611 -25281 -12369
Capital Expenditures -61053 -50150 -16861 -13527
Other Investing Cash Flow Items,
2899 -19571 -7520 1058
Total
Cash From Financing Activities 6291 -1105 -10066 -7686
Financing Cash Flow Items - - - -
Total Cash Dividends Paid - - - -
Issuance (Retirement) of Stock, Net - - - -
Issuance (Retirement) of Debt, Net 6291 -1105 -10066 -7686
Foreign Exchange Effects -55 618 70 -351
Net Change in Cash -5900 5967 5237 10317
Beginning Cash Balance 52120 - 31855 21533
Ending Cash Balance 36220 - 36092 31750
Free Cash Flow -787.25 - 21653 17296
Free Cash Flow Growth -102.16 - - -
Free Cash Flow Yield -0.873 - - -
 AMAZON COMMON SIZE STATEMENT OF PROFIT
AND LOSS (FOR THE YEAR ENDED JAN-DEC 2018-
2019,2020-2021) ALL VALUES USD MILLIONS

Period Ending: 2021 2020 2019 2018

31/12 31/12 31/12 31/12

Total Revenue 569822 386065 280522 232887

Revenue 569822 386065 280522 232887
Other
Revenue, - - - -
Total
Cost of Revenue, Total 272355 233307 165536 139156
Gross Profit 197578 152757 115986 93731
Total Operating Expenses 555953 363165 265981 220566
Selling/General/Admin.
116585 87193 65313 52177
Expenses, Total
Research &
56052 52750 35931 28837
Development
Depreciation /
10875 509 565 575
Amortization
Interest Expense
(Income) - Net -1809 - - -
Operating
Unusual Expense
- - - -
(Income)
Other Operating
-9005 -585 -365 -179
Expenses, Total
Operating Income 25879 22899 15551 12521
Interest Income (Expense),
10110 -225 -557 -977
Net Non-Operating
Gain (Loss) on Sale of
15707 - - -
Assets
Other, Net -27983 1503 -8 -183
Net Income Before Taxes 38155 25178 13976 11261
Provision for Income Taxes 5791 2863 2375 1355
Net Income After Taxes 33365 21315 11602 9907
Minority Interest - - - -
Equity In Affiliates 5 16 -15 9
U.S GAAP Adjustment - - - -
Net Income Before
33365 21331 11588 9916
Extraordinary Items
Total Extraordinary Items - - - 157
Net Income 33365 21331 11588 10073
 AMAZON RATIOS
(FINANCIAL YEAR JAN-DEC 2020-2021,2019-2018)

RATIOS 2021 2020 2019 2018

CURRENT RATIO 1.14 1.05 1.10 1.10
QUICK RATIO 0.91 0.86 0.86 0.85
CASH RATIO 0.68 0.67 0.63 0.61
LONG TERM 116395 84389 63205 39787
DEBT
TOTAL 67.13% 70.92% 72.45% 73.23%
ASSETS/
TOTAL
LIABILITIES
EQUITY RATIO 32.87% 29.08% 27.55% 26.77%
ACCOUNTS 14.40 15.90 13.69 14.33
RECEIVABLE
TURNOVER
 COMPARITIVE BALANCE SHEET OF AMAZON
(FOR THE YEAR ENDED JAN-DEC 2018-2019,2020-2021)

1.EQUITY AND 2020-21 2018-19 Percentage

LIABILITIES absolute absolute change
change change
1. SHARE HOLDER’S
FUNDS
Share capital
105600 859500 16.88%
Common shares
- -
Retained earnings
33364000 4782000 54.82%
Other shareholder’s equity
1196000 107000 44.77%
2. NON-CURRENT
LIABILITIES
long term debt
16928000 56254000 50%
other non-current liability
21704000 48744000 23%
3. CURRENT LIABILITIES
trade payables
6125000 1035000 32%
accrued expenses
98160000 20168000
TOTAL 38835400 62600000 55%
0
2. ASSETS
NON CURRENT ASSETS
intangible assets
354000 34804000 20%
Other non-current assets
22986000 38153000 22.2%
PPE net
47167000 56254000 -16.67%
CURRENT ASSETS
cash & cash equivalents
32008000 58053000 33%
marketable securities
17555000 47566000 25%
inventory
8349000 2365000 47%

TOTAL 13273300 162648000 60%

0
 AMAZON Financial Summary

Amazon.com, Inc. reported earnings results for the third quarter and nine
months ended September 30, 2022. For the third quarter, the company
reported revenue was USD 127,101 million compared to USD 110,812
million a year ago. Net income was USD 2,872 million compared to USD
3,156 million a year ago. Basic earnings per share from continuing
operations was USD 0.28 compared to USD 0.31 a year ago. Diluted
earnings per share from continuing operations was USD 0.28 compared to
USD 0.31 a year ago.For the nine months, revenue was USD 364,779
million compared to USD 332,410 million a year ago. Net loss was USD
3,000 million compared to net income of USD 19,041 million a year ago.
Basic loss per share from continuing operations was USD 0.29 compared
to basic earnings per share from continuing operations of USD 1.88 a year
ago. Diluted loss per share from continuing operations was USD 0.29
compared to diluted earnings per share from continuing operations of USD
1.85 a year ago.