eBay 2006 Annual Report Download - page 95

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Note 5 — Investments:
At December 31, 2005 and 2006, short and long-term investments were classified as available-for-sale
securities, except for restricted cash, and are reported at fair value as follows (in thousands):
Gross
Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Estimated
Fair Value
December 31, 2005
Short-term investments:
Restricted cash ......................... $ 29,670 $ 32 $ — $ 29,702
Corporate debt securities .................. 362,438 4 (2,679) 359,763
Government and agency securities ........... 371,537 — (3,198) 368,339
Time deposits and other ................... 46,548 — — 46,548
$810,193 $ 36 $(5,877) $804,352
Long-term investments:
Restricted cash ......................... $ 1,065 $ — $ — $ 1,065
Corporate debt securities .................. 665,418 115 (1,921) 663,612
Government and agency securities ........... 110,450 — (1,409) 109,041
$776,933 $115 $(3,330) $773,718
Gross
Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Estimated
Fair Value
December 31, 2006
Short-term investments:
Restricted cash ......................... $ 12,684 $ 54 $ — $ 12,738
Corporate debt securities .................. 433,192 36 (640) 432,588
Government and agency securities ........... 109,652 1 (138) 109,515
Time deposits and other ................... — — — —
$555,528 $ 91 $(778) $554,841
Long-term investments:
Restricted cash ......................... $ 2,045 $ — $ — $ 2,045
Corporate debt securities .................. 210,159 158 — 210,317
Government and agency securities ........... — — — —
$212,204 $158 $ — $212,362
91
eBay Inc.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)