Yahoo 2011 Annual Report Download - page 108

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December 31,
2010 2011
Property and equipment, net:
Americas ......................................................... $1,475,021 $1,489,096
EMEA ........................................................... 63,820 79,955
Asia Pacific ....................................................... 114,581 161,837
Total property and equipment, net ................................. $1,653,422 $1,730,888
See also Note 5—“Goodwill” and Note 15—“Restructuring Charges, Net” for additional information regarding
segments.
Enterprise Wide Disclosures:
The following table presents revenue for groups of similar services (in thousands):
Years Ended December 31,
2009 2010 2011
Display ................................................... $1,866,984 $2,154,886 $2,160,309
Search .................................................... 3,396,396 3,161,589 1,853,110
Other ..................................................... 1,196,935 1,008,176 970,780
Total revenue ........................................... $6,460,315 $6,324,651 $4,984,199
Years Ended December 31,
2009 2010 2011
Revenue:
U.S. ...................................................... $4,714,436 $4,259,157 $3,112,998
International ............................................... 1,745,879 2,065,494 1,871,201
Total revenue ........................................... $6,460,315 $6,324,651 $4,984,199
Revenue is attributed to individual countries according to the online property that generated the revenue. No
single foreign country was material to revenue in 2009, 2010, and 2011, respectively.
December 31,
2010 2011
Property and equipment, net:
U.S. ................................................................. $1,471,536 $1,486,596
International .......................................................... 181,886 244,292
Total property and equipment, net ..................................... $1,653,422 $1,730,888
Note 14 R
ELATED
P
ARTY
T
RANSACTIONS
The Company and other third parties are limited partners in Softbank Capital Partners LP (“Softbank Capital”), a
venture capital fund which is an affiliate of Softbank. In July 1999 and March 2000, the Company made
investments in Softbank Capital of approximately $30 million and $6 million, respectively, which together
represents less than a 5 percent holding in Softbank Capital. Since the Company’s initial investment, the
Company has impaired its entire investment. Pursuant to the Partnership Agreement of Softbank Capital Partners
LP, the Company invested on the same terms and on the same basis as all other limited partners.
Revenue from related parties, excluding Yahoo Japan and Alibaba Group, represented approximately 1 percent
of total revenue for the years ended December 31, 2009, 2010, and 2011. Management believes that the terms of
the agreements with these related parties are comparable to the terms obtained in arm’s-length transactions with
unrelated similarly situated customers of the Company.
106