Broadcom Inc. (AVGO)

Income Statement

Difficulty: Beginner

Annual Data

Quarterly Data

The income statement presents information on the financial results of a company's business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.

Broadcom Inc., Consolidated Income Statement

USD $ in millions

	12 months ended	Oct 29, 2017		Oct 30, 2016		Nov 1, 2015		Nov 2, 2014		Nov 3, 2013		Oct 28, 2012
	Net revenue
	Cost of products sold
	Purchase accounting effect on inventory
	Amortization of acquisition-related intangible assets
	Restructuring charges
	Cost of products sold
	Gross margin
	Research and development
	Selling, general and administrative
	Amortization of acquisition-related intangible assets
	Restructuring, impairment and disposal charges
	Litigation settlements
	Operating expenses
	Operating income (loss)
	Interest expense
	Loss on extinguishment of debt
	Other income
	Interest income
	Other expense
	Other income (expense), net
	Income (loss) from continuing operations before income taxes
	Provision for income taxes
	Income (loss) from continuing operations
	Loss from discontinued operations, net of income taxes
	Net income (loss)
	Net (income) loss attributable to noncontrolling interest
	Net income (loss) attributable to ordinary shares

Source: Broadcom Inc., Annual Reports

Item	Description	The company
Net revenue	Aggregate revenue recognized during the period (derived from goods sold, services rendered, insurance premiums, or other activities that constitute an entity's earning process). For financial services companies, also includes investment and interest income, and sales and trading gains.	Broadcom Inc.'s net revenue increased from 2015 to 2016 and from 2016 to 2017.
Operating income (loss)	The net result for the period of deducting operating expenses from operating revenues.	Broadcom Inc.'s operating income (loss) declined from 2015 to 2016 but then increased from 2016 to 2017 exceeding 2015 level.
Income (loss) from continuing operations before income taxes	Sum of operating profit and nonoperating income (expense) before income (loss) from equity method investments, income taxes, extraordinary items, cumulative effects of changes in accounting principles, and noncontrolling interest.	Broadcom Inc.'s income (loss) from continuing operations before income taxes declined from 2015 to 2016 but then increased from 2016 to 2017 exceeding 2015 level.
Income (loss) from continuing operations	This represents the income or loss from continuing operations attributable to the economic entity which may also be defined as revenue less expenses and taxes from ongoing operations before extraordinary items, cumulative effects of changes in accounting principles, and noncontrolling interest.	Broadcom Inc.'s income (loss) from continuing operations declined from 2015 to 2016 but then increased from 2016 to 2017 exceeding 2015 level.
Net income (loss)	The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.	Broadcom Inc.'s net income (loss) declined from 2015 to 2016 but then increased from 2016 to 2017 exceeding 2015 level.
Net income (loss) attributable to ordinary shares	The portion of consolidated profit or loss for the period, net of income taxes, which is attributable to the parent. If the entity does not present consolidated financial statements, the amount of profit or loss for the period, net of income taxes.	Broadcom Inc.'s net income (loss) attributable to ordinary shares declined from 2015 to 2016 but then increased from 2016 to 2017 exceeding 2015 level.

	Broadcom Inc.	Other companies (not purchased previously)
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Relative Valuation
Discounted Cash Flow (DCF) Valuation
Economic Value Added (EVA)
Long-term Trends
Analysis
Financial Reporting Quality

	All companies
Financial Statements
Common-Size Financial Statements
Ratios
Relative Valuation
Discounted Cash Flow (DCF) Valuation
Economic Value Added (EVA)
Long-term Trends
Analysis
Financial Reporting Quality