Apple 2003 Annual Report Download - page 76

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(a)
Europe:
Net sales
$
1,309
$
1,251
$
1,249
Operating income $
130
$
122
$
68
Depreciation and amortization $
4
$
4
$
6
Segment assets $
252
$
165
$
137
Japan:
Net sales
$
698
$
710
$
713
Operating income $
121
$
140
$
98
Depreciation, amortization and accretion $
3
$
2
$
2
Segment assets $
130
$
50
$
44
Retail:
Net sales
$
621
$
283
$
19
Operating loss $
(5
) $
(22
) $
(21
)
Depreciation, amortization and accretion(b) $
25
$
16
$
2
Segment assets(b) $
243
$
141
$
46
Other Segments(c):
Net sales
$
398
$
367
$
345
Operating income $
51
$
44
$
24
Depreciation, amortization and accretion $
2
$
2
$
2
Segment assets $
78
$
67
$
70
The Americas asset figures do not include fixed assets held in the United States. Such fixed assets are not allocated specifically
to the Americas segment and are included in the corporate assets figures below.
(b) Retail segment depreciation and asset figures reflect the cost and related depreciation of its retail stores and related
infrastructure. Retail store construction-in-progress, which is not subject to depreciation, is reflected in corporate assets.
(c) Other Segments consists of Asia-
Pacific and FileMaker. Certain amounts in prior fiscal periods related to recent acquisitions and
Internet services have been reclassified from Other Segments to the Americas segment to conform to the 2003 presentation.
97
A reconciliation of the Company's segment operating income and assets to the consolidated financial statements follows (in millions):
2003
2002
2001
Segment operating income
$
620
$
562
$
297
Corporate expenses, net
(595
)
(514
)
(630
)
Purchased in
-
process research and development
—
(
1
)
(11
)
Restructuring costs
(26
)
(30
)
—
Consolidated operating income (loss) $
(1
) $
17
$
(344
)
Segment assets
$
1,197
$
818
$
631
Corporate assets
$
5,618
$
5,480
$
5,390
Consolidated assets $
6,815
$
6,298
$
6,021
Segment depreciation, amortization and accretion
$
39
$
28
$
16
Corporate depreciation, amortization and accretion
74
86
84
Consolidated depreciation, amortization and accretion $
113
$
114
$
100