Alphabet Inc.

0 3/31/2020 3/31/2021

Patents and developed technology

Opening 4,639
Purchase(Capex) 147
Sales 0
Closing 4,639 4,786

Capex % During the year 0.1%

Accumulated Amoritisation
Opening - Accumulated Amoritisation 3649
Accumulated amoritisation during the year 463
Closing - Accumulated amoritisation 3,649 4,112

Accumulated Amoritisation as % of net asset 40.7%

990 674

Customer relationships
Opening 266
Purchase(Capex) 240
Sales 0
Closing 266 506

Capex % During the year 0.1%

Accumulated Amoritisation
Opening - Accumulated Amoritisation 49
Accumulated amoritisation during the year 91
Closing - Accumulated amoritisation 49 140

Accumulated Amoritisation as % of net asset 41.9%

217 366

Trade names and other

Opening 699
Purchase(Capex) 0
Sales -165
Closing 699 534

Capex % During the year 0.0%

Accumulated Amoritisation
Opening - Accumulated Amoritisation 461
Accumulated amoritisation during the year -166
Closing - Accumulated amoritisation 461 295

Accumulated Amoritisation as % of net asset -227.4%

238 239

Total definite-lived intangible assets

5,826
4,547
1,279

Indefinite-lived intangible assets

Opening 0
Purchase(Capex) 138
Sales
Closing 0 138

Capex % During the year 0.05%

Accumulated Amoritisation as % of net asset 0

Net Asset 138

Total intangible assets

Gross Carring Amount 5,604 5,964
Accumulated Amortization 4,159 4,547
Net Carrying Amount 1,445 1,417

TOTAL CAPEX 360

PURCHASE 525
SALES -165

AMORTIZATION DURING YEAR 388

3/31/2022 3/31/2023 3/31/2024 3/31/2025 3/31/2026

4,786 1,164 1,152 1,200 1,209

0 0 60 21 28
-3622 -12 -12 -12 -12
1,164 1,152 1,200 1,209 1,225

0.0% 0.0% 0.0% 0.0% 0.0%

4112 354 453 546 628

-3,758 99 93 83 74
354 453 546 628 703

-557.6% 12.2% 12.2% 12.2% 12.2%

810 699 654 581 523

506 862 868 1,101 1,320

356 6 233 219 160
0 0 0 0 0
862 868 1,101 1,320 1,480

0.1% 0.0% 0.1% 0.1% 0.0%

140 235 335 653 944

95 100 318 290 220
235 335 653 944 1,164

26.0% 15.9% 15.9% 15.9% 15.9%

627 533 448 377 316

534 527 528 528 529

0 1 0 0 1
-7 0 0 0 0
527 528 528 529 529

0.0% 0.0% 0.0% 0.0% 0.0%

 295 120 161 198 232
-175 41 37 34 31
120 161 198 232 263

-75.4% 10.1% 10.1% 10.1% 10.1%

407 367 330 297 267

2,553 2,548 2,830 3,058 3,235

709 949 1,397 1,804 2,129
1,844 1,599 1,432 1,254 1,106

138 240 234 327 393

102 -6 93 67 51

240 234 327 393 444

0.04% 0.00% 0.03% 0.02% 0.02%

0 0 0 0 0

240 234 327 393 444

2,793 2,782 3,156 3,451 3,679

709 949 1,397 1,804 2,129
2,084 1,833 1,759 1,647 1,550

-3171 -11 374 295 228

458 1 386 307 240
-3629 -12 -12 -12 -12

-3,838 240 448 407 325

COMPANY NAME Alphabet Inc.

TICKER GOOGL, GOOG

CURRENCY

LHY 3/31/2023
Alphabet Inc.

0 3/31/2020 3/31/2021
3/31/2022 3/31/2023 3/31/2024 3/31/2025 3/31/2026
Alphabet Inc.

0 3/31/2020 3/31/2021

Revenues 257,637
Costs and expenses:
Cost of revenues 110,939
Research and development 31,562
Sales and marketing 22,912
General and administrative 13,510
Total costs and expenses 178,923
Income from operations 78,714
Other income (expense), net 12,020
Income before income taxes 90,734
Provision for income taxes 14,701
Net income 76,033

Basic net income per share of Class A, Class B, and Class C stock 5.69
3/31/2022 3/31/2023 3/31/2024 3/31/2025 3/31/2026

282,836 307,394 316,616 326,114 335,898

126,203 133,332 137,332 141,452 145,695

39,500 45,427 46,790 48,194 49,639
26,567 27,917 28,755 29,617 30,506
15,724 16,425 16,918 17,425 17,948
207,994 223,101 229,794 236,688 243,788
74,842 84,293 86,822 89,426 92,109
-3,514 1,424 1,467 1,511 1,556
71,328 85,717 88,289 90,937 93,665
11,356 11,922 12,280 12,648 13,027
59,972 73,795 76,009 78,289 80,638

4.59 5.84
Alphabet Inc.

0 3/31/2020 3/31/2021

Assets
Current assets:
Cash and cash equivalents 26,465 20,945
Marketable securities 110,229 118,704
Total cash, cash equivalents, and marketable securities 136,694 139,649
Accounts receivable, net 30,930 39,304
Other current assets 5,490 7,054
Total current assets 174,296 188,143
Non-marketable securities 20,703 29,549
Deferred income taxes 1,084 1,284
Property and equipment, net 84,749 97,599
Operating lease assets 12,211 12,959
Goodwill 21,175 22,956
Income taxes receivable, net 454 966
Inventory 728 1,170
Intangible assets, net 1,445 1,417
Other non-current assets 3,953 5,361
Total assets 319,616 359,268
Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable 5,589 6,037
Accrued compensation and benefits 11,086 13,889
Accrued expenses and other current liabilities 28,631 31,236
Accrued revenue share 7,500 8,996
Deferred revenue 2,543 3,288
Total current liabilities 56,834 64,254
Income taxes payable, net 1,485 808
Long-term debt 13,932 14,817
Deferred revenue, non-current 481 535
Income taxes payable, non-current 8,849 9,176
Deferred income taxes 3,561 5,257
Operating lease liabilities 11,146 11,389
Other long-term liabilities 2,269 2,205
Total liabilities 97,072 107,633
Commitments and Contingencies (Note 10)
Stockholders’ equity:
Class A, Class B, and Class C stock and additional paid-in capital,
Preferred
$0.001 parstock,
value$0.001 par value
per share: pershares
300,000 share, authorized
100 shares(Class
authorized; no shares issued
0 and outstanding
0
A 180,000, Class B 60,000, Class C 60,000); 12,849 (Class A 5,964, 58,510 61,774
Class B 883, Class
Accumulated C 6,002) and 12,460
other comprehensive income(Class
(loss)A 5,899, Class B 870, 633 -1,623
Class C 5,691) shares issued and outstanding
Retained earnings 163,401 191,484
Total stockholders’ equity 222,544 251,635
Total liabilities and stockholders’ equity 319,616 359,268
BALANCE SHEET TALLY 0 0
3/31/2022 3/31/2023 3/31/2024 3/31/2025 3/31/2026

21,879 24,048 96,897 171,966 249,271

91,883 86,868 89,474 92,158 94,923
113,762 110,916 186,371 264,125 344,194
40,258 47,964 49,403 50,885 52,412
10,775 12,650 13,030 13,420 13,823
164,795 171,530 248,803 328,430 410,428
30,492 31,008 31,938 32,896 33,883
5,261 12,169 12,534 12,910 13,297
112,668 134,345 134,345 134,345 134,345
14,381 14,091 14,091 14,091 14,091
28,960 29,198 29,198 29,198 29,198
0 0 0 0 0
0 0 0 0 0
2084 1833 1,759 1,647 1,550
8,707 10,051 10,353 10,663 10,983
365,264 402,392 483,021 564,181 647,776

5,128 7,493 7,718 7,949 8,188

14,028 15,140 15,594 16,062 16,544
37,866 46,168 47,553 48,980 50,449
8,370 8,876 9,142 9,417 9,699
3,908 4,137 4,261 4,389 4,521
69,300 81,814 84,268 86,796 89,400
0 0 0 0 0
14,701 13,253 13,253 13,253 13,253
599 911 938 966 995
9,258 8,474 8,728 8,990 9,260
514 485 500 515 530
12,501 12,460 12,460 12,460 12,460
2,247 1,616 1,664 1,714 1,766
109,120 119,013 121,812 124,695 127,664

0 0 0 0 0
68,184 76,534 76,534 76,534 76,534
-7,603 -4,402 -4,402 -4,402 -4,402
195,563 211,247 287,256 365,545 446,183
256,144 283,379 359,388 437,677 518,315
365,264 402,392 481,200 562,372 645,979
0 0 1821 1809 1797
 2020 2021 2022 2023
Patents and developed technology
Gross Carring Amount 4,639 4,786 1,164 1,152
Accumulated Amortization 3,649 4,112 354 453
Net Carrying Amount 990 674 810 699

Customer relationships
Gross Carring Amount 266 506 862 868
Accumulated Amortization 49 140 235 335
Net Carrying Amount 217 366 627 533

Trade names and other

Gross Carring Amount 699 534 527 528
Accumulated Amortization 461 295 120 161
Net Carrying Amount 238 239 407 367

Total definite-lived intangible assets

Gross Carring Amount 5,826 2,553 2,548
Accumulated Amortization 4,547 709 949
Net Carrying Amount 1,279 1,844 1,599

Indefinite-lived intangible assets 138 240 234

Gross Carring Amount 0 0 0
Accumulated Amortization 138 240 234
Net Carrying Amount

Total intangible assets

Gross Carring Amount 5,604 5,964 2,793 2,782
Accumulated Amortization 4,159 4,547 709 949
Net Carrying Amount 1,445 1,417 2,084 1,833
Alphabet Inc.

0 3/31/2020 3/31/2021

Operating activities
Net income 76,033
Adjustments:
Depreciation of property and equipment 10,273
Stock-based compensation expense 15,376
Deferred income taxes 1,808
(Gain) loss on debt and equity securities, net -12,270
Other 1,955
Changes in assets and liabilities, net of effects of acquisitions:
Accounts receivable, net -9,095
Income taxes, net -625
Other assets -1,846
Accounts payable 283
Accrued expenses and other liabilities 7,304
Accrued revenue share 1,682
Deferred revenue 774
Net cash provided by operating activities 91,652
Investing activities
Purchases of property and equipment -24,640
Purchases of marketable securities -135,196
Maturities and sales of marketable securities 128,294
Purchases of non-marketable securities -2,838
Maturities and sales of non-marketable securities 934
Acquisitions, net of cash acquired, and purchases of intangible assets -2,618
Other investing activities 541
Net cash used in investing activities -35,523
Financing activities
Net payments related to stock-based award activities -10,162
Repurchases of stock -50,274
Proceeds from issuance of debt, net of costs 20,199
Repayments of debt -21,435
Proceeds from sale of interest in consolidated entities, net 310
Net cash used in financing activities -61,362
Effect of exchange rate changes on cash and cash equivalents -287
Net increase (decrease) in cash and cash equivalents -5,520
Cash and cash equivalents at beginning of period 26,465
Cash and cash equivalents at end of period 20,945
Supplemental disclosures of cash flow information
Cash paid for income taxes, net of refunds 13,412
3/31/2022 3/31/2023 3/31/2024 3/31/2025 3/31/2026

59,972 73,795 76,009 78,289 80,638

13,475 11,946
19,362 22,460
-8,081 -7,763 -365 -376 -387
5,519 823
3,483 4,330 -302 -311 -320

-2,317 -7,833 -1,439 -1,482 -1,527

584 523
-5,046 -2,143 -380 -391 -403
707 664 225 232 238
3,915 3,937 1,385 1,427 1,469
-445 482 266 274 282
367 525 124 128 132
91,495 101,746 75,524 77,790 80,123

-31,485 -32,251
-78,874 -77,858 -2,606 -2,684 -2,765
97,822 86,672
-2,531 -3,027 -930 -958 -987
150 947 448 407 325
-6,969 -495 -386 -307 -240
1,589 -1,051 799 823 847
-20,298 -27,063 -2,675 -2,720 -2,819

-9,300 -9,837
-59,296 -61,504
52,872 10,790
-54,068 -11,550
35 8
-69,757 -72,093 0 0 0
-506 -421
934 2,169 72,849 75,070 77,304
20,945 21,879 24,048 96,897 171,966
21,879 24,048 96,897 171,966 249,271

18,892 19,164
Alphabet Inc.
FIXED ASSET MODULE
0 3/31/2020 3/31/2021
3/31/2022 3/31/2023 3/31/2024 3/31/2025 3/31/2026
 Year Ended December 31,
2021 2022
Revenues 257,637 282,836
Costs and expenses:
Cost of revenues 110,939 126,203
Research and development 31,562 39,500
Sales and marketing 22,912 26,567
General and administrative 13,510 15,724
Total costs and expenses 178,923 207,994
Income from operations 78,714 74,842
Other income (expense), net 12,020 -3,514
Income before income taxes 90,734 71,328
Provision for income taxes 14,701 11,356
Net income 76,033 59,972

Basic net income per share of Class A, Class B, and Class C stock 5.69 4.59

Diluted net income per share of Class A, Class B, and Class C stock $ $
ed December 31,
2023
307,394

133,332
45,427
27,917
16,425
223,101
84,293
1,424
85,717
11,922
73,795

5.84

$
Assets
Current assets:
Cash and cash equivalents
Marketable securities
Total cash, cash equivalents, and marketable securities
Accounts receivable, net
Other current assets
Total current assets
Non-marketable securities
Deferred income taxes
Property and equipment, net
Operating lease assets
Goodwill
Income taxes receivable, net
Inventory
Intangible assets, net
Other non-current assets
Total assets
Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable
Accrued compensation and benefits
Accrued expenses and other current liabilities
Accrued revenue share
Deferred revenue
Total current liabilities
Income taxes payable, net
Long-term debt
Deferred revenue, non-current
Income taxes payable, non-current
Deferred income taxes
Operating lease liabilities
Other long-term liabilities
Total liabilities
Commitments and Contingencies (Note 10)
Stockholders’ equity:
Preferred stock, $0.001 par value per share, 100 shares authorized; no shares issued and outstanding
Class A, Class B, and Class C stock and additional paid-in capital, $0.001 par value per share: 300,000 shares authorized (Class
A 180,000, Class B 60,000, Class C 60,000); 12,849 (Class A 5,964, Class B 883, Class C 6,002) and 12,460 (Class A 5,899, Class B 870,
Class C 5,691)
Accumulated shares
other issued and outstanding
comprehensive income (loss)
Retained earnings
Total stockholders’ equity
Total liabilities and stockholders’ equity
 2020 2021 2022 2023

26,465 20,945 21,879 24,048

110,229 118,704 91,883 86,868
136,694 139,649 113,762 110,916
30,930 39,304 40,258 47,964
5,490 7,054 10,775 12,650
174,296 188,143 164,795 171,530
20,703 29,549 30,492 31,008
1,084 1,284 5,261 12,169
84,749 97,599 112,668 134,345
12,211 12,959 14,381 14,091
21,175 22,956 28,960 29,198
454 966
728 1,170
1,445 1,417
3,953 5,361 8,707 10,051
319,616 359,268 365,264 402,392

5,589 6,037 5,128 7,493

11,086 13,889 14,028 15,140
 28,631 31,236 37,866 46,168
7,500 8,996 8,370 8,876
2,543 3,288 3,908 4,137
56,834 64,254 69,300 81,814
1,485 808
13,932 14,817 14,701 13,253
481 535 599 911
8,849 9,176 9,258 8,474
3,561 5,257 514 485
11,146 11,389 12,501 12,460
2,269 2,205 2,247 1,616
97,072 107,633 109,120 119,013

0 0 0 0
58,510 61,774 68,184 76,534
633 -1,623 -7,603 -4,402
163,401 191,484 195,563 211,247
222,544 251,635 256,144 283,379
319,616 359,268 365,264 402,392
 2021 2022 2023
Operating activities
Net income 76,033 59,972 73,795
Adjustments:
Depreciation of property and equipment 10,273 13,475 11,946
Stock-based compensation expense 15,376 19,362 22,460
Deferred income taxes 1,808 -8,081 -7,763
(Gain) loss on debt and equity securities, net -12,270 5,519 823
Other 1,955 3,483 4,330
Changes in assets and liabilities, net of effects of acquisitions:
Accounts receivable, net -9,095 -2,317 -7,833
Income taxes, net -625 584 523
Other assets -1,846 -5,046 -2,143
Accounts payable 283 707 664
Accrued expenses and other liabilities 7,304 3,915 3,937
Accrued revenue share 1,682 -445 482
Deferred revenue 774 367 525
Net cash provided by operating activities 91,652 91,495 101,746
Investing activities
Purchases of property and equipment -24,640 -31,485 -32,251
Purchases of marketable securities -135,196 -78,874 -77,858
Maturities and sales of marketable securities 128,294 97,822 86,672
Purchases of non-marketable securities -2,838 -2,531 -3,027
Maturities and sales of non-marketable securities 934 150 947
Acquisitions, net of cash acquired, and purchases of intangible assets -2,618 -6,969 -495
Other investing activities 541 1,589 -1,051
Net cash used in investing activities -35,523 -20,298 -27,063
Financing activities
Net payments related to stock-based award activities -10,162 -9,300 -9,837
Repurchases of stock -50,274 -59,296 -61,504
Proceeds from issuance of debt, net of costs 20,199 52,872 10,790
Repayments of debt -21,435 -54,068 -11,550
Proceeds from sale of interest in consolidated entities, net 310 35 8
Net cash used in financing activities -61,362 -69,757 -72,093
Effect of exchange rate changes on cash and cash equivalents -287 -506 -421
Net increase (decrease) in cash and cash equivalents -5,520 934 2,169
Cash and cash equivalents at beginning of period 26,465 20,945 21,879
Cash and cash equivalents at end of period 20,945 21,879 24,048
Supplemental disclosures of cash flow information
Cash paid for income taxes, net of refunds 13,412 18,892 19,164