Medtronic 2014 Annual Report Download - page 5

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Reconciliation of Non-GAAP Financial Measures
The Shareholder Letter set forth in this Annual Report includes financial measures that are not prepared in accordance with U.S.
generally accepted accounting principles (U.S. GAAP). Management believes that such non-GAAP financial measures provide
useful information to investors regarding the underlying business trends and performance of the Company’s ongoing operations.
Investors should consider non-GAAP measures set forth in the Shareholder Letter to be in addition to, and not as a substitute
for, financial performance measures prepared in accordance with U.S. GAAP. In addition, such non-GAAP financial measures
may not be the same as, or similar to, measures presented by other companies.
RECONCILIATION OF REVENUE GROWTH TO CONSTANT CURRENCY GROWTH
(Unaudited) (In millions)
Fiscal year ended
Reported
Growth
Currency Impact
on Growth Constant
Currency
Growth
April 25,
2014
April 26,
2013 Dollar Percentage
Middle East and Africa revenue $ 423 $ 361 17% $ (23) (7)% 24%
China revenue $ 824 $ 715 15% $ 16 2% 13%