Notes And Supporting Schedules To The Financial Statements

Notes And Supporting Schedules To The Financial Statements...

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Notes And Supporting Schedules To The Financial Statements Directv (all numbers are in millions unless otherwise stated) P 16 Cash and Cash Equivalents Cash and Equivalents consist of highly liquid investments purchased with original maturities of three months or less. Accounts Receivable Percent Uncollectible Current Year Previous Year 56/1,535= 3.3 % 46/1,345= 3.4% P 17 Inventories Categories Finished equipment for directv and finished conditional access cards Inv group – does not apply Inventory turnover- Current Year Previous Year (193+143)/2=168 average inv (143+110)/2=126 average inv 14,760 /168= 87.85 12,398/126= 98.39 The inventory turnover was less than the previous year. This fact is difficult to evaluate since Directv offers a service and inventory turnover is not much of a factor. Property and Depreciation Fixed Asset group
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Unformatted text preview: Depreciation Method Property Straight-Line Method Satellites Straight-Line Method Equipment Straight-Line Method Impairment of assets are performed and analyzed in the fourth quarter of every year then charged to operating income. Fixed asset Depreciation Current Year Previous Year 4,056/9,889= 41.2% 3,159/7,612= 41.5% No significant changes from last year. Fixed Asset Turnover Current Year Previous Year 17,246/11,100= 1.55 14,755/10,585= 1.39 Capitalized Leases No Leasing info available Operating Leases No leasing info available Long-term Debt Pension Plans Post-Retirement Benefits Other Than Pensions Income Taxes Stock Based Compensation Segmental and Geographic Information Operational Segments Geographic Areas Contingencies Interim Financial Data...
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This note was uploaded on 09/08/2010 for the course BUS 173B at San Jose State University .

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Notes And Supporting Schedules To The Financial Statements...

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