IBM - International Business Machines Corporation

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Income Statement
Balance Sheet
Cash Flow

Income Statement

Annual
All numbers in thousands
Revenue12/31/201712/31/201612/31/201512/31/2014
Total Revenue79,139,00079,919,00081,741,00092,793,000
Cost of Revenue42,913,00041,624,00041,057,00046,386,000
Gross Profit36,226,00038,295,00040,684,00046,407,000
Operating Expenses
Research Development5,787,0005,751,0005,247,0005,437,000
Selling General and Administrative19,986,00019,977,00019,589,00021,549,000
Non Recurring----
Others-1,445,000-1,604,000-669,000-708,000
Total Operating Expenses67,241,00065,748,00065,224,00072,664,000
Operating Income or Loss11,898,00014,171,00016,517,00020,129,000
Income from Continuing Operations
Total Other Income/Expenses Net-498,000-1,841,000-572,000-144,000
Earnings Before Interest and Taxes11,898,00014,171,00016,517,00020,129,000
Interest Expense-615,000-630,000-468,000-484,000
Income Before Tax11,400,00012,330,00015,945,00019,985,000
Income Tax Expense5,642,000449,0002,581,0004,234,000
Minority Interest131,000146,000162,000146,000
Net Income From Continuing Ops5,758,00011,881,00013,364,00015,751,000
Non-recurring Events
Discontinued Operations-5,000-9,000-174,000-3,729,000
Extraordinary Items----
Effect Of Accounting Changes----
Other Items----
Net Income
Net Income5,753,00011,872,00013,190,00012,022,000
Preferred Stock And Other Adjustments----
Net Income Applicable To Common Shares5,753,00011,872,00013,190,00012,022,000