CISCO SYSTEMS, INC. (CSCO) FY 2010 Income Statement

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CISCO SYSTEMS, INC.
Ticker: CSCO Fiscal Year: 2010
Consolidated Statements of Operations
Period Ending July 31, 2010 10-K (Filed: Sept 21, 2010)
(In Millions)
	12 Months Ended	12 Months Ended	12 Months Ended
	July 31, 2010	July 25, 2009	July 26, 2008
NET SALES:
Product	$ 32,420	29,131	33,099
Service	7,620	6,986	6,441
Total net sales	40,040	36,117	39,540

COST OF SALES:
Product	11,620	10,481	11,660
Service	2,777	2,542	2,534
Total cost of sales	14,397	13,023	14,194

GROSS MARGIN	25,643	23,094	25,346

OPERATING EXPENSES:
Research and development	5,273	5,208	5,325
Sales and marketing	8,716	8,403	8,690
General and administrative	1,999	1,565	1,387
Amortization of purchased intangible assets	491	533	499
In-process research and development	0	63	3
Total operating expenses	16,479	15,772	15,904

OPERATING INCOME	9,164	7,322	9,442

Interest income	635	845	1,143
Interest expense	(623)	(346)	(319)
Other income (loss), net	239	(128)	(11)
Interest and other income, net	251	371	813

INCOME BEFORE PROVISION FOR INCOME TAXES	9,415	7,693	10,255

Provision for income taxes	1,648	1,559	2,203
NET INCOME	7,767	6,134	8,052

Net income per share-basic	1.36	1.05	1.35
Net income per share-diluted	1.33	1.05	1.31
Shares used in per-share calculation-basic	5,732	5,828	5,986
Shares used in per-share calculation-diluted	5,848	5,857	6,163

External Links
CISCO SYSTEMS, INC. (CSCO) Fiscal Year 2010
Statements of 10-K in Excel	https://www.sec.gov/.../Financial.xlxs
Complete 10-K in HTML	https://www.sec.gov/.../10-K.html
Complete 10-K in XBRL	https://www.sec.gov/.../10-K-xbrl.zip

CISCO SYSTEMS, INC.