Exhibit II (D) 6 – Part A: Comparative Financial Analysis for Handset Manufacturers
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Data in $mill unless otherwise stated
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Apple
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Financial Year ends Sept 2006
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Motorola
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Financial Year ends Dec 2006
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Samsung
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Financial Year ends Dec 2006
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Results available only till 3Q FY 06 ie Sept 06 and last 10K is as of 2005
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NO CONSOLIDATED BALANCE SHEET DATA AVAILABLE FROM 2003 AND BEFORE
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Sony
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Financial Year ends March 2006
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10Ks for 2003 contained blank pages for consolidated balance sheet and income statement
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2002
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2003
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2004
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2005
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Ericsson
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Financial Year ends Dec 2005
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Exchange Rate(1US$=1SEK)
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0.1144
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0.1381
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0.1514
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0.1257
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Nokia
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Financial Year ends Dec 2005
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Exchange Rate(1US$=1Euro)
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1.0483
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1.2557
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1.3644
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1.1844
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LG
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Financial Year ends Dec 2005
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Exchange Rate(1US$=1KRW)
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0.00084
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0.00084
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0.00098
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0.001
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No consolidated financial statements available for LG for FY 02
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RIM
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Financial Year ends Mar 2006
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Palm
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Financial Year ends May 2006
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Ratio Category
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Ratio/Financial
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Liquidity Ratios
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2002
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2003
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2004
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2005
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2006
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INDUSTRY STANDARD
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Current Ratio
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Apple
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Current Assets
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5,388
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5,887
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7,055
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10,300
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14,509
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2.44
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Current Liabilities
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1,658
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2,357
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2,651
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3,487
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6,471
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Ratio
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3.250
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2.498
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2.661
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2.954
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2.242
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Motorola
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Current Assets
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17,134
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17,856
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21,115
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28,022
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30,975
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Current Liabilities
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9,810
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9,381
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10,603
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12,592
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15,425
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Ratio
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1.747
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1.903
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1.991
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2.225
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2.008
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Samsung
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Current Assets
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N/A
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N/A
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31,580
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32,970
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-
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Current Liabilities
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N/A
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N/A
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25,772
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24,588
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-
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Ratio
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-
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-
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1.225
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1.341
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-
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Sony
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Current Assets
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25,092
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26,285
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32,340
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33,225
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32,218
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Current Liabilities
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19,237
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N/A
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28,675
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26,256
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27,352
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Ratio
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1.304
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-
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1.128
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1.265
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1.178
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Ericsson
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Current Assets
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16,245
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17,919
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20,725
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19,880
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-
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Current Liabilities
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7,278
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7,423
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10,498
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10,302
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-
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Ratio
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2.232
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2.414
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1.974
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1.930
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-
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Nokia
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Current Assets
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18,434
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25,218
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26,617
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22,446
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-
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Current Liabilities
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8,818
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10,397
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10,882
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11,453
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-
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Ratio
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2.090
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2.425
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2.446
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1.960
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-
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LG
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Current Assets
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N/A
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16,794
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19,200
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20,831
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-
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Current Liabilities
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N/A
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20,302
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20,362
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21,252
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-
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Ratio
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-
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0.827
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0.943
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0.980
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-
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RIM
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Current Assets
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737
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428
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1,355,405
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1,544,248
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1,256,579
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Current Liabilities
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59
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149
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208,875
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630,814
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278,680
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Ratio
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-
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2.872
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6.489
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2.448
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4.509
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Palm
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Current Assets
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478,179
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371,023
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402,502
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552,812
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949,999
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Current Liabilities
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232,998
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237,346
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259,804
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321,752
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497,072
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Ratio
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2.052
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1.563
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1.549
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1.718
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1.911
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Quick Ratio
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1.80
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Apple
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Current Assets
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5,388
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5,887
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7,055
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10,300
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14,509
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Inventory
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45
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56
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101
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165
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270
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Current Liabilities
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1,658
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2,357
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2,651
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3,487
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6,471
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Ratio
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3.223
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2.474
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2.623
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2.907
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2.200
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Motorola
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Current Assets
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17,134
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17,856
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21,115
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28,022
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30,975
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Inventory
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2,869
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2,099
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2,546
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2,422
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3,162
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Current Liabilities
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9,810
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9,381
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10,603
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12,592
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15,425
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Ratio
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1.454
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1.680
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1.751
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2.033
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1.803
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