Yahoo 2004 Annual Report Download - page 60

Download and view the complete annual report

Please find page 60 of the 2004 Yahoo annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 114

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114

Consolidated Statements of Cash Flows YAHOO! INC. (Continued)
(in thousands, unless otherwise stated)
Supplemental cash flow disclosures:
Income taxes paid and interest paid were not material during the years ended December 31, 2002, 2003, and 2004.
During the year ended December 31, 2002, the Company acquired property and equipment for approximately $259 mil-
lion, which was funded through restricted long-term investments. See Note 13 – ‘‘Commitments and Contingencies’ for
additional information.
Acquisition-related activities:
Years Ended December 31,
2002 2003 2004
Cash paid for acquisitions $242,452 $ 581,519 $815,136
Cash acquired in acquisitions (53,284) (205,283) (59,429)
$189,168 $ 376,236 $755,707
Common stock and common stock options issued in connection with acquisitions $225,528 $1,428,259 $ 4,231
During the years ended December 31, 2002, and 2003, the Company issued approximately 24 million and 79 million
shares of common stock, respectively, in connection with acquisitions. No shares of common stock were issued during the
year ended December 31, 2004. See Note 3 – ‘Acquisitions’ for additional information.
The accompanying notes are an integral part of these consolidated financial statements.
54