Electronic Arts 2012 Annual Report Download - page 146

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Our marketable equity securities have been, and may continue to be, adversely impacted by volatility in the
public stock markets. 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, 2012, arising from
changes in market prices of plus or minus 25 percent, 50 percent, and 75 percent.
Valuation of Securities
Given an X Percentage
Decrease in Each Stock’s
Market Price
Fair Value
as of
March 31,
2012
Valuation of Securities
Given an X Percentage
Increase in Each Stock’s
Market Price
(In millions) (75%) (50%) (25%) 25% 50% 75%
Marketable equity securities ........... $30 $60 $89 $119 $149 $179 $208
The following table presents hypothetical changes in the fair value of our marketable equity securities as of
March 31, 2011, arising from changes in market prices of plus or minus 25 percent, 50 percent, and 75 percent.
Valuation of Securities
Given an X Percentage
Decrease in Each Stock’s
Market Price
Fair Value
as of
March 31,
2011
Valuation of Securities
Given an X Percentage
Increase in Each Stock’s
Market Price
(In millions) (75%) (50%) (25%) 25% 50% 75%
Marketable equity securities ........... $40 $81 $121 $161 $201 $242 $282
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