IBM - International Business Machines Corporation

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Income Statement
Balance Sheet
Cash Flow

Income Statement

Annual
All numbers in thousands
Revenue12/31/201812/31/201712/31/201612/31/2015
Total Revenue79,591,00079,139,00079,919,00081,741,000
Cost of Revenue42,655,00042,196,00041,402,00041,057,000
Gross Profit36,936,00036,943,00038,517,00040,684,000
Operating Expenses
Research Development5,379,0005,590,0005,726,0005,247,000
Selling General and Administrative20,325,00020,900,00020,225,00019,589,000
Non Recurring----
Others-998,000-1,445,000-1,604,000-669,000
Total Operating Expenses67,361,00067,241,00065,749,00065,224,000
Operating Income or Loss12,230,00011,898,00014,170,00016,517,000
Income from Continuing Operations
Total Other Income/Expenses Net-888,000-498,000-1,840,000-572,000
Earnings Before Interest and Taxes12,230,00011,898,00014,170,00016,517,000
Interest Expense-723,000-615,000-630,000-468,000
Income Before Tax11,342,00011,400,00012,330,00015,945,000
Income Tax Expense2,619,0005,642,000449,0002,581,000
Minority Interest134,000131,000146,000162,000
Net Income From Continuing Ops8,723,0005,758,00011,881,00013,364,000
Non-recurring Events
Discontinued Operations5,000-5,000-9,000-174,000
Extraordinary Items----
Effect Of Accounting Changes----
Other Items----
Net Income
Net Income8,728,0005,753,00011,872,00013,190,000
Preferred Stock And Other Adjustments----
Net Income Applicable To Common Shares8,728,0005,753,00011,872,00013,190,000