Alphabet Inc (GOOGL US) - Standardized

In Millions of USD except Per Share FY 2009 FY 2010 FY 2011 FY 2012

12 Months Ending 12/31/2009 12/31/2010 12/31/2011 12/31/2012
Total Assets
+ Cash, Cash Equivalents & STI 24,484.8 34,975.0 44,626.0 48,088.0
+ Cash & Cash Equivalents 10,197.6 13,630.0 9,983.0 14,778.0
+ ST Investments 14,287.2 21,345.0 34,643.0 33,310.0
+ Accounts & Notes Receiv 3,178.5 4,252.0 5,427.0 7,885.0
+ Accounts Receivable, Net 3,178.5 4,252.0 5,427.0 7,885.0
+ Notes Receivable, Net 0.0 0.0 0.0 0.0
+ Inventories 0.0 0.0 0.0 505.0
+ Raw Materials 0.0 0.0 0.0 77.0
+ Work In Process 0.0 0.0 0.0 0.0
+ Finished Goods 0.0 0.0 0.0 428.0
+ Other Inventory 0.0 0.0 0.0 0.0
+ Other ST Assets 1,503.7 2,335.0 2,705.0 3,976.0
+ Derivative & Hedging Assets 1.2 12.0 4.0 0.0
+ Deferred Tax Assets 644.4 259.0 215.0 1,144.0
+ Taxes Receivable 23.2 0.0 — —
+ Misc ST Assets 834.9 2,064.0 2,486.0 2,832.0
Total Current Assets 29,167.0 41,562.0 52,758.0 60,454.0
+ Property, Plant & Equip, Net 4,844.6 7,759.0 9,603.0 11,854.0
+ Property, Plant & Equip 8,130.1 11,771.0 14,400.0 17,697.0
- Accumulated Depreciation 3,285.5 4,012.0 4,797.0 5,843.0
+ LT Investments & Receivables 129.0 523.0 790.0 1,469.0
+ LT Investments 129.0 523.0 790.0 1,469.0
+ Other LT Assets 6,356.2 8,007.0 9,423.0 20,021.0
+ Total Intangible Assets 5,677.5 7,300.0 8,924.0 18,010.0
+ Goodwill 4,902.6 6,256.0 7,346.0 10,537.0
+ Other Intangible Assets 774.9 1,044.0 1,578.0 7,473.0
+ Prepaid Expense 416.1 442.0 499.0 2,011.0
+ Deferred Tax Assets 262.6 265.0 0.0 —
+ Derivative & Hedging Assets 0.0 0.0 0.0 0.0
+ Misc LT Assets 0.0 0.0 0.0 0.0
Total Noncurrent Assets 11,329.8 16,289.0 19,816.0 33,344.0
Total Assets 40,496.8 57,851.0 72,574.0 93,798.0

Liabilities & Shareholders' Equity

+ Payables & Accruals 2,462.1 3,768.0 5,135.0 9,213.0
+ Accounts Payable 215.9 483.0 588.0 2,012.0
+ Accrued Taxes 0.0 37.0 197.0 240.0
+ Interest & Dividends Payable — 0.0 0.0 0.0
+ Other Payables & Accruals 2,246.2 3,248.0 4,350.0 6,961.0
 + ST Debt 0.0 3,465.0 1,218.0 2,549.0
+ ST Borrowings 0.0 3,465.0 1,218.0 2,549.0
+ ST Capital Leases 0.0 0.0 0.0 0.0
+ Current Portion of LT Debt — — — —
+ Other ST Liabilities 285.4 2,763.0 2,560.0 2,575.0
+ Deferred Revenue 285.1 394.0 547.0 895.0
+ Derivatives & Hedging 0.3 8.0 6.0 7.0
+ Misc ST Liabilities 0.0 2,361.0 2,007.0 1,673.0
Total Current Liabilities 2,747.5 9,996.0 8,913.0 14,337.0
+ LT Debt 0.0 0.0 2,986.0 2,988.0
+ LT Borrowings 0.0 0.0 2,986.0 2,988.0
+ LT Capital Leases 0.0 0.0 0.0 0.0
+ Other LT Liabilities 1,745.1 1,614.0 2,530.0 4,758.0
+ Accrued Liabilities 0.0 0.0 0.0 0.0
+ Pension Liabilities 0.0 0.0 0.0 0.0
+ Pensions 0.0 0.0 0.0 0.0
+ Other Post-Ret Benefits 0.0 0.0 0.0 0.0
+ Deferred Revenue 41.6 35.0 44.0 100.0
+ Deferred Tax Liabilities 0.0 — 287.0 1,872.0
+ Derivatives & Hedging 0.0 0.0 0.0 0.0
+ Misc LT Liabilities 1,703.5 1,579.0 2,199.0 2,786.0
Total Noncurrent Liabilities 1,745.1 1,614.0 5,516.0 7,746.0
Total Liabilities 4,492.6 11,610.0 14,429.0 22,083.0
+ Preferred Equity and Hybrid Capital 0.0 0.0 0.0 0.0
+ Share Capital & APIC 15,817.1 18,235.0 20,264.0 22,835.0
+ Common Stock 0.3 0.3 0.3 0.3
+ Additional Paid in Capital 15,816.7 18,234.7 20,263.7 22,834.7
- Treasury Stock 0.0 0.0 0.0 0.0
+ Retained Earnings 20,082.1 27,868.0 37,605.0 48,342.0
+ Other Equity 105.09 138.00 276.00 538.00
Equity Before Minority Interest 36,004.2 46,241.0 58,145.0 71,715.0
+ Minority/Non Controlling Interest 0.0 0.0 0.0 0.0
Total Equity 36,004.2 46,241.0 58,145.0 71,715.0
Total Liabilities & Equity 40,496.8 57,851.0 72,574.0 93,798.0

Reference Items
Accounting Standard US GAAP US GAAP US GAAP US GAAP
Shares Outstanding 635.5 642.6 649.8 660.0
Number of Treasury Shares 0.0 0.0 0.0 0.0
Pension Obligations 0.0 0.0 0.0 0.0
Future Minimum Operating Lease Obligatio 2,543.9 2,305.0 2,879.0 3,619.0
Capital Leases - Total 0.0 0.0 0.0 0.0
Options Granted During Period 18.5 3.5 1.4 2.8
Options Outstanding at Period End 25.6 23.1 19.6 17.1
Net Debt -24,484.8 -31,510.0 -40,422.0 -42,551.0
Net Debt to Equity -68.01 -68.14 -69.52 -59.33
Tangible Common Equity Ratio 87.10 77.03 77.33 70.86
Current Ratio 10.62 4.16 5.92 4.22
Cash Conversion Cycle — — — 31.38
Cash Held Overseas — — — 31,400.0
Number of Employees 19,835.00 24,400.00 32,467.00 53,861.00
Source: Bloomberg
 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 FY 2018
12/31/2013 12/31/2014 12/31/2015 12/31/2016 12/31/2017 12/31/2018

58,717.0 64,395.0 73,066.0 86,333.0 101,871.0 109,140.0

18,898.0 18,347.0 16,549.0 12,918.0 10,715.0 16,701.0
39,819.0 46,048.0 56,517.0 73,415.0 91,156.0 92,439.0
8,882.0 9,383.0 11,556.0 14,137.0 18,336.0 20,838.0
8,882.0 9,383.0 11,556.0 14,137.0 18,336.0 20,838.0
0.0 0.0 0.0 0.0 0.0 0.0
426.0 0.0 491.0 268.0 749.0 1,107.0
115.0 0.0 — — — —
0.0 0.0 — — — —
311.0 0.0 — — — —
0.0 0.0 — — — —
4,861.0 4,878.0 5,001.0 4,670.0 3,352.0 4,591.0
0.0 0.0 0.0 0.0 0.0 0.0
1,526.0 — — — — —
408.0 591.0 1,903.0 95.0 369.0 355.0
2,927.0 4,287.0 3,098.0 4,575.0 2,983.0 4,236.0
72,886.0 78,656.0 90,114.0 105,408.0 124,308.0 135,676.0
16,524.0 23,883.0 29,016.0 34,234.0 42,383.0 59,719.0
23,837.0 32,746.0 40,146.0 47,527.0 59,647.0 82,507.0
7,313.0 8,863.0 11,130.0 13,293.0 17,264.0 22,788.0
1,976.0 3,079.0 5,183.0 5,878.0 7,813.0 13,859.0
1,976.0 3,079.0 5,183.0 5,878.0 7,813.0 13,859.0
19,534.0 23,569.0 23,148.0 21,977.0 22,791.0 23,538.0
17,558.0 20,206.0 19,716.0 19,775.0 19,439.0 20,108.0
11,492.0 15,599.0 15,869.0 16,468.0 16,747.0 17,888.0
6,066.0 4,607.0 3,847.0 3,307.0 2,692.0 2,220.0
1,976.0 3,187.0 3,181.0 — — —
— 176.0 251.0 383.0 680.0 737.0
0.0 0.0 0.0 0.0 0.0 0.0
0.0 0.0 0.0 1,819.0 2,672.0 2,693.0
38,034.0 50,531.0 57,347.0 62,089.0 72,987.0 97,116.0
110,920.0 129,187.0 147,461.0 167,497.0 197,295.0 232,792.0

10,459.0 11,236.0 12,853.0 15,535.0 22,399.0 32,603.0

2,453.0 1,715.0 1,931.0 2,041.0 3,137.0 4,378.0
24.0 96.0 302.0 554.0 881.0 69.0
0.0 — — — — —
7,982.0 9,425.0 10,620.0 12,940.0 18,381.0 28,156.0
 3,009.0 2,009.0 3,225.0 0.0 0.0 0.0
2,000.0 1,999.0 2,000.0 0.0 0.0 0.0
9.0 10.0 225.0 0.0 — —
1,000.0 0.0 1,000.0 — 0.0 0.0
2,440.0 3,534.0 3,232.0 1,221.0 1,784.0 2,017.0
1,062.0 752.0 788.0 1,099.0 1,432.0 1,784.0
4.0 4.0 16.0 122.0 352.0 233.0
1,374.0 2,778.0 2,428.0 0.0 0.0 0.0
15,908.0 16,779.0 19,310.0 16,756.0 24,183.0 34,620.0
2,236.0 3,228.0 1,995.0 3,935.0 3,969.0 4,012.0
1,990.0 2,992.0 1,995.0 3,935.0 3,943.0 3,950.0
246.0 236.0 0.0 0.0 26.0 62.0
5,467.0 5,320.0 5,825.0 7,770.0 16,641.0 16,532.0
0.0 0.0 0.0 0.0 0.0 0.0
0.0 0.0 0.0 0.0 0.0 0.0
0.0 0.0 0.0 0.0 0.0 0.0
0.0 0.0 0.0 0.0 0.0 0.0
139.0 104.0 151.0 202.0 340.0 396.0
1,947.0 758.0 189.0 226.0 430.0 1,264.0
0.0 0.0 0.0 0.0 0.0 0.0
3,381.0 4,458.0 5,485.0 7,342.0 15,871.0 14,872.0
7,703.0 8,548.0 7,820.0 11,705.0 20,610.0 20,544.0
23,611.0 25,327.0 27,130.0 28,461.0 44,793.0 55,164.0
0.0 0.0 0.0 0.0 0.0 0.0
25,922.0 28,767.0 32,982.0 36,307.0 40,247.0 45,049.0
0.3 0.7 0.7 0.7 0.7 0.7
25,921.7 28,766.3 32,981.3 36,306.3 40,246.3 45,048.3
0.0 0.0 0.0 0.0 0.0 0.0
61,262.0 75,066.0 89,223.0 105,131.0 113,247.0 134,885.0
125.00 27.00 -1,874.00 -2,402.00 -992.00 -2,306.00
87,309.0 103,860.0 120,331.0 139,036.0 152,502.0 177,628.0
0.0 0.0 0.0 0.0 0.0 0.0
87,309.0 103,860.0 120,331.0 139,036.0 152,502.0 177,628.0
110,920.0 129,187.0 147,461.0 167,497.0 197,295.0 232,792.0

US GAAP US GAAP US GAAP US GAAP US GAAP US GAAP

671.7 680.2 687.3 691.3 694.8 695.6
0.0 0.0 0.0 0.0 0.0 0.0
0.0 0.0 0.0 0.0 0.0 0.0
4,038.0 6,183.0 7,406.0 7,937.0 8,753.0 10,047.0
255.0 246.0 225.0 0.0 — —
0.0 0.0 0.0 — — —
10.1 7.2 4.9 3.3 — —
-53,472.0 -59,158.0 -67,846.0 -82,398.0 -97,902.0 -105,128.0
 -61.24 -56.96 -56.38 -59.26 -64.20 -59.18
74.71 76.76 78.76 80.73 74.82 74.06
4.58 4.69 4.67 6.29 5.14 3.92
25.66 23.42 30.92 35.22 37.02 35.05
33,600.0 38,700.0 42,900.0 52,200.0 62,800.0 109,100.0
47,756.00 53,600.00 61,814.00 72,053.00 80,110.00 98,771.00