Electronic Arts 2008 Annual Report Download - page 135

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Consolidated Balance Sheets at fair market value with unrealized gains or losses reported as a separate
component of accumulated other comprehensive income, net of any tax effects, in stockholders’ equity. The
fair value of our marketable equity securities was $729 million and $341 million as of March 31, 2008 and
2007, respectively. In fiscal 2008, we recognized an other-than-temporary impairment loss of $109 million.
At any time, a sharp change in market prices in our investments in marketable equity securities could have a
significant impact on the fair value of our investments. The following table presents hypothetical changes in
the fair value of our marketable equity securities as of March 31, 2008, arising from changes in market prices
plus or minus 25 percent, 50 percent and 75 percent.
(In millions) (75%) (50%) (25%)
Fair Value
as of
March 31,
2008 25% 50% 75%
Valuation of Securities
Given an X Percentage
Decrease in Each
Stock’s Market Price
Valuation of Securities
Given an X Percentage
Increase in Each
Stock’s Market Price
Marketable equity securities .... $182 $365 $547 $729 $911 $1,094 $1,276
The following table presents hypothetical changes in the fair value of our marketable equity securities as of
March 31, 2007, arising from changes in market prices plus or minus 25 percent, 50 percent and 75 percent.
(In millions) (75%) (50%) (25%)
Fair Value
as of
March 31,
2007 25% 50% 75%
Valuation of Securities
Given an X Percentage
Decrease in Each
Stock’s Market Price
Valuation of Securities
Given an X Percentage
Increase in Each
Stock’s Market Price
Marketable equity securities .... $85 $171 $256 $341 $426 $512 $597
Annual Report
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