Facebook 2012 Annual Report Download - page 45

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Item 6. Selected Financial Data.
You should read the following selected consolidated financial data in conjunction with Part II, Item 7,
“Management’s Discussion and Analysis of Financial Condition and Results of Operation,” and our consolidated
financial statements and the related notes included in Part II, Item 8, “Financial Statements and Supplementary
Data” of this Annual Report on Form 10-K.
The consolidated statements of operations data for each of the years ended December 31, 2012, 2011, and
2010 and the consolidated balance sheets data as of December 31, 2012 and 2011 are derived from our audited
consolidated financial statements included in Part II, Item 8, “Financial Statements and Supplementary Data” of
this Annual Report on Form 10-K. The consolidated statements of operations data for the years ended
December 31, 2009 and 2008 and the consolidated balance sheets data as of December 31, 2010, 2009, and 2008
are derived from our audited consolidated financial statements that are not included in this Annual Report on
Form 10-K. Our historical results are not necessarily indicative of our results in any future period.
Year Ended December 31,
2012 2011 2010 2009 2008
(in millions, except per share data)
Consolidated Statements of Operations Data:
Revenue .............................................. $5,089 $3,711 $1,974 $ 777 $ 272
Total costs and expenses(1) ................................ 4,551 1,955 942 515 327
Income (loss) from operations ............................. 538 1,756 1,032 262 (55)
Income (loss) before provision for income taxes ............... 494 1,695 1,008 254 (56)
Net income (loss) ....................................... 53 1,000 606 229 (56)
Net income (loss) attributable to Class A and Class B common
stockholders ......................................... 32 668 372 122 (56)
Earnings (loss) per share attributable to Class A and Class B
common stockholders(2):
Basic ............................................. $ 0.02 $ 0.52 $ 0.34 $0.12 $(0.06)
Diluted ........................................... $ 0.01 $ 0.46 $ 0.28 $0.10 $(0.06)
(1) Total costs and expenses include $1.57 billion, $217 million, $20 million, $27 million and $30 million of share-based compensation for
the years ended December 31, 2012, 2011, 2010, 2009 and 2008, respectively.
(2) See Note 3 of the notes to our consolidated financial statements for a description of our computation of basic and diluted net earnings
(loss) per share attributable to Class A and Class B common stockholders.
As of December 31,
2012 2011 2010 2009 2008
(in millions)
Consolidated Balance Sheets Data:
Cash, cash equivalents, and marketable securities ......... $ 9,626 $3,908 $1,785 $ 633 $297
Working capital ................................... 10,215 3,705 1,857 703 279
Property and equipment, net .......................... 2,391 1,475 574 148 131
Total assets ....................................... 15,103 6,331 2,990 1,109 505
Capital lease obligations ............................ 856 677 223 95 56
Long-term debt .................................... 1,500 — 250 — —
Total liabilities .................................... 3,348 1,432 828 241 170
Additional paid-in capital ............................ 10,094 2,684 947 253 147
Total stockholders’ equity ........................... 11,755 4,899 2,162 868 335
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