ACTIVISION BLIZZARD INC

INCOME STATEMENT

Sales
Cost of goods sold
Gross profit
Selling and expenses
Fixed expenses
Depreciation expense
Ebit
Interest expense
Earning before taxes
Taxes
Net income

2013
$ 4,583.00
$ 1,531.00
$ 3,052.00
$ 1,096.00
$ 584.00
$ 0.00
$ 1,372.00
-$ 53.00
$ 1,319.00
$ 309.00
$ 1,010.00

2012
$ 4,856.00
$ 1,662.00
$ 3,194.00
$ 1,139.00
$ 604.00
$ 0.00
$ 1,451.00
$ 7.00
$ 1,458.00
$ 309.00
$ 1,149.00

2011
2010
2009
$ 4,755.00 $ 4,447.00 $ 4,279.00
$ 1,772.00 $ 2,135.00 $ 2,307.00
$ 2,983.00 $ 2,312.00 $ 1,972.00
$ 1,001.00 $ 891.00 $ 939.00
$ 629.00 $ 626.00 $ 627.00
$ 25.00 $ 326.00 $ 432.00
$ 1,328.00 $ 469.00
-$ 26.00
$ 3.00
$ 23.00
$ 18.00
$ 1,331.00 $ 492.00
-$ 8.00
$ 246.00
$ 74.00 -$ 121.00
$ 1,085.00 $ 418.00 $ 113.00

ACTIVISION BLIZZARD INC

INCOME STATEMENT %

Sales
Cost of goods sold
Gross profit
Selling and expenses
Fixed expenses
Depreciation expense
Ebit
Interest expense
Earning before taxes
Taxes
Net income

2013
2012
2011
2010
100.00% 100.00% 100.00% 100.00%
33.41% 34.23% 37.27% 48.01%
66.59% 65.77% 62.73% 51.99%
23.91% 23.46% 21.05% 20.04%
12.74% 12.44% 13.23% 14.08%
0.00%
0.00%
0.53%
7.33%
29.94% 29.88% 27.93% 10.55%
-1.16%
0.14%
0.06%
0.52%
28.78% 30.02% 27.99% 11.06%
6.74%
6.36%
5.17%
1.66%
22.04% 23.66% 22.82%
9.40%

2009
100.00%
53.91%
46.09%
21.94%
14.65%
10.10%
-0.61%
0.42%
-0.19%
-2.83%
2.64%

ACTIVISION BLIZZARD INC

BALANCE SHEET

Assets
Cash and equivalents
Accounts Receivable
Inventory
Total Current Assets
Plant & equipment
Accumulated depreciation
Net Fixed Assets
Total Asset
Liabilities and owner's equity
Accounts payable
Short-term notes payable
Other current liabilities
Total current liabilities
Long-term debt
Total liabilities
Common Stock
Retained earnings
Total shareholder's equity
Total liabilities and owner's equity

2013
2012
2011
2010
2009
$ 4,287.00 $ 4,443.00 $ 6,821.00 $ 4,546.00 $ 4,618.00
$ 219.00
$ 515.00
$ 205.00
$ 117.00
$ 237.00
$ 1,188.00 $ 1,283.00 $ 1,225.00
$ 966.00
$ 948.00
$ 5,694.00 $ 6,241.00 $ 8,251.00 $ 5,629.00 $ 5,803.00
$ 152.00
$ 138.00
$ 139.00
$ 132.00
$ 133.00
$ 7,682.00 $ 7,633.00 $ 7,670.00 $ 7,650.00 $ 7,789.00
$ 7,834.00 $ 7,771.00 $ 7,809.00 $ 7,782.00 $ 7,922.00
$ 13,528.00 $ 14,012.00 $ 16,060.00 $ 13,411.00 $ 13,725.00
$ 166.00
$ 355.00
$ 286.00
$ 139.00
$ 186.00
$ 635.00
$ 661.00
$ 506.00
$ 389.00
$ 588.00
$ 1,092.00 $ 1,389.00
$ 641.00
$ 665.00 $ 1,125.00
$ 1,893.00 $ 2,405.00 $ 1,433.00 $ 1,193.00 $ 1,899.00
$ 4,711.00 $ 4,985.00 $ 2,488.00
$ 283.00
$ 291.00
$ 6,604.00 $ 7,390.00 $ 3,921.00 $ 1,476.00 $ 2,190.00
$ 4,092.00 $ 3,936.00 $ 9,626.00 $ 9,479.00 $ 9,403.00
$ 2,832.00 $ 2,686.00 $ 2,513.00 $ 2,456.00 $ 2,132.00
$ 6,924.00 $ 6,622.00 $ 12,139.00 $ 11,935.00 $ 11,535.00
$ 13,528.00 $ 14,012.00 $ 16,060.00 $ 13,411.00 $ 13,725.00

ACTIVISION BLIZZARD INC

BALANCE SHEET %

Assets
Cash and equivalents
Accounts Receivable
Inventory
Total Current Assets
Plant & equipment
Accumulated depreciation
Net Fixed Assets
Total Asset
Liabilities and owner's equity
Accounts payable
Short-term notes payable
Other current liabilities
Total current liabilities
Long-term debt
Total liabilities
Common Stock
Retained earnings
Total shareholder's equity
Total liabilities and owner's equity

2013
2012
2011
2010
31.69% 31.71% 42.47% 33.90%
1.62%
3.68%
1.28%
0.87%
8.78%
9.16%
7.63%
7.20%
42.09% 44.54% 51.38% 41.97%
1.12%
0.98%
0.87%
0.98%
56.79% 54.47% 47.76% 57.04%
57.91% 55.46% 48.62% 58.03%
100.00% 100.00% 100.00% 100.00%

2009
33.65%
1.73%
6.91%
42.28%
0.97%
56.75%
57.72%
100.00%

1.23%
2.53%
1.78%
1.04%
4.69%
4.72%
3.15%
2.90%
8.07%
9.91%
3.99%
4.96%
13.99% 17.16%
8.92%
8.90%
34.82% 35.58% 15.49%
2.11%
48.82% 52.74% 24.41% 11.01%
30.25% 28.09% 59.94% 70.68%
20.93% 19.17% 15.65% 18.31%
51.18% 47.26% 75.59% 88.99%
100.00% 100.00% 100.00% 100.00%

1.36%
4.28%
8.20%
13.84%
2.12%
15.96%
68.51%
15.53%
84.04%
100.00%

ACTIVISION BLIZZARD INC

CASH FLOW

Cash Flow from Operations

Net Income
Depreciation Expense
Change in Accounts Receivable
Change in Inventories
Change in Accounts Payable
Change in Other Current Liabialities
Total Cash Flow from Operations
Cash Flow from Investing
Change in Plant & Equipment
Total Cash Flow from Investing
Cash Flow from Financing
Change in Short-term Notes Payable
Change in Long-term Debt
Change in Common Stock
Cash Dividends Paid to Shareholders
Total Cash from Financing
Net Change in Cash Balance

2013
2012
2011
2010
2009
$ 1,010.00 $ 1,149.00 $ 1,085.00 $ 418.00
$ 113.00
-$ 49.00
$ 37.00
-$ 20.00 $ 139.00 -$ 7,789.00
$ 296.00 -$ 310.00
-$ 88.00 $ 120.00 -$ 237.00
$ 95.00
-$ 58.00 -$ 259.00 -$ 18.00 -$ 948.00
-$ 189.00
$ 69.00 $ 147.00 -$ 47.00
$ 186.00
-$ 297.00
$ 748.00
-$ 24.00 -$ 460.00 $ 1,125.00
$ 866.00 $ 1,635.00 $ 841.00 $ 152.00 -$ 7,550.00
-$ 14.00
-$ 14.00

$ 1.00
$ 1.00

-$ 7.00
-$ 7.00

$ 1.00
$ 1.00

-$ 133.00
-$ 133.00

-$ 26.00
$ 155.00 $ 117.00 -$ 199.00
$ 588.00
-$ 274.00 $ 2,497.00 $ 2,205.00
-$ 8.00
$ 291.00
$ 156.00 -$ 5,690.00 $ 147.00 $ 76.00 $ 9,403.00
$ 864.00
$ 976.00 $ 1,028.00 $ 94.00 -$ 2,019.00
$ 720.00 -$ 2,062.00 $ 3,497.00 -$ 37.00 $ 8,263.00
$ 1,572.00 -$ 426.00 $ 4,331.00 $ 116.00
$ 580.00

ACTIVISION BLIZZARD INC

CASH FLOW %

Cash Flow from Operations

Net Income
Depreciation Expense
Change in Accounts Receivable
Change in Inventories
Change in Accounts Payable
Change in Other Current Liabialities
Total Cash Flow from Operations
Cash Flow from Investing
Change in Plant & Equipment
Total Cash Flow from Investing
Cash Flow from Financing
Change in Short-term Notes Payable
Change in Long-term Debt
Change in Common Stock
Cash Dividends Paid to Shareholders
Total Cash from Financing
Net Change in Cash Balance

2013
2012
116.63%
70.28%
-5.66%
2.26%
34.18% -18.96%
10.97%
-3.55%
-21.82%
4.22%
-34.30%
45.75%
100.00% 100.00%

2011
2010
2009
129.01% 275.00% -1.50%
-2.38%
91.45% 103.17%
-10.46%
78.95%
3.14%
-30.80% -11.84% 12.56%
17.48% -30.92% -2.46%
-2.85% -302.63% -14.90%
100.00% 100.00% 100.00%

100.00% 100.00% 100.00% 100.00% 100.00%

100.00% 100.00% 100.00% 100.00% 100.00%
-3.61%
-7.52%
3.35% 537.84%
7.12%
-38.06% -121.10% 63.05%
21.62%
3.52%
21.67% 275.95%
4.20% -205.41% 113.80%
120.00% -47.33% 29.40% -254.05% -24.43%
100.00% 100.00% 100.00% 100.00% 100.00%
300.00% 300.00% 300.00% 300.00% 300.00%
100.00% 100.00% 100.00% 100.00% 100.00%

ACTIVISION BLIZZARD INC

RATIOS
Ratios de Liquedez
Ratio Corriente=Activo Corriente/Pasivo Corriente
Indice de deuda total
ACTIVO CORRIENTE
Indicador corriente
Indicador circulante
Indicador activo
PRUEBA DE ACIDEZ
Indicador de deuda a largo plazo
Deuda a LTD al capital
Ratio de deuda a PATRI.
COEF. LTD A PATRIMONIO
Indice de deuda total
Indice deuda a largo plazo
INDICADOR LTD A CAPITAL.
RATIO DEUDA A PATRIMO,
INDICADOR LTD A CAPITAL.
Indicador deuda a patrimonio

2013

2012

2011

2010

$ 3.01
$ 3.01
$ 3.01
$ 3.01
$ 2.38
$ 34.82

$ 2.60
$ 2.60
$ 2.60
$ 2.60
$ 2.06
$ 35.58

$ 5.76
$ 5.76
$ 5.76
$ 5.76
$ 4.90
$ 15.49

$ 4.72
$ 4.72
$ 4.72
$ 4.72
$ 3.91
$ 2.11

$ 0.95

$ 1.12

$ 0.32

$ 0.12

48.82%
34.82%
40.49%
$ 0.95
68.04%
68.04%

52.74%
35.58%
42.95%
$ 1.12
75.28%
75.28%

24.41%
15.49%
17.01%
$ 0.32
20.50%
20.50%

11.01%
2.11%
2.32%
$ 0.12
2.37%
2.37%

ZZARD INC
2009
$ 3.06
$ 3.06
$ 3.06
$ 3.06
$ 2.56
$ 2.12
$ 0.19
15.96%
2.12%
2.46%
$ 0.19
2.52%
2.52%