Investor Relations

Financial Tables

Full year Financial Tables with 2009, 2008, 2007, 2006, 2005, 2004, 2003 quarterly data.

Income Statement

(Figures in thousands, except per share amounts and EPS)

 Full Year 2009
        (unaudited)

Revenues

2006 2007 2008 Q1
Revenues 10,604,917 16,593,986 21,795,550 5,508,990
     Y/Y Growth Rate 73% 56% 31% 6%
     Q/Q Growth Rate NA NA NA -3%
     Google web sites 6,332,797 10,624,705 14,413,826 3,692,823
         Y/Y Growth Rate 88% 68% 36% 9%
         Q/Q Growth Rate NA NA NA -3%
     Google Network web sites 4,159,831 5,787,938 6,714,688 1,638,042
         Y/Y Growth Rate 55% 39% 16% -3%
         Q/Q Growth Rate NA NA NA -3%
Total Advertising Revenues 10,492,628 16,412,643 21,128,514 5,330,865
     Y/Y Growth Rate 73% 56% 29% 5%
     Q/Q Growth Rate NA NA NA -3%
Licensing & other revenues 112,289 181,343 667,036 178,125
     Y/Y Growth Rate 53% 61% 268% 79%
     Q/Q Growth Rate NA NA NA -9%
As % of Revenues        
     Google web sites 60% 64% 66% 67%
     Google Network web sites 39% 35% 31% 30%
     Licensing & other revenue 1% 1% 3% 3%
 Full Year 2009
        (unaudited)

Cost

2006 2007 2008 Q1
Cost of Revenues* 4,225,027 6,649,085 8,621,506 2,101,504
     As % of Revenues 40% 40% 40% 38%
     Traffic Acquisition Cost 3,308,777 4,933,878 5,938,951 1,435,960
         As % of Revenues 31% 30% 28% 26%
     Other Cost of Revenues* 916,250 1,715,207 2,682,555 665,544
         As % of Revenues 9% 10% 12% 12%
Research & Development* 1,228,589 2,119,985 2,793,192 641,643
     As % of Revenues 12% 13% 13% 12%
Sales & Marketing* 849,518 1,461,266 1,946,244 433,941
     As % of Revenues 8% 9% 9% 8%
General & Administrative* 751,787 1,279,250 1,802,639 448,311
     As % of Revenues 7% 8% 8% 8%
Settlement of dispute with Yahoo! NA NA NA NA
     As % of Revenues NA NA NA NA
Contribution to Google Foundation NA NA NA NA
     As % of Revenues NA NA NA NA
Total Costs & Expenses* 7,054,921 11,509,586 15,163,581 3,625,399
     Y/Y Growth Rate 71% 63% 32% 0%
     Q/Q Growth Rate NA NA NA -6%
 Full Year 2009
        (unaudited)

Profitability

2006 2007 2008 Q1
Income from operations 3,549,996 5,084,400 6,631,969 1,883,591
     As % of Revenues 34% 31% 30% 34%
Impairment on equity investments NA NA ($1,094,757) NA
     As % of Revenues NA NA -5% NA
Net Income 3,077,446 4,203,720 4,226,858 1,422,828
     As % of Revenues 29% 25% 19% 26%
EPS (As reported)        
     Basic $ 10.21 $ 13.53 $ 13.46 $ 4.51
     Diluted $ 9.94 $ 13.29 $ 13.31 $ 4.49
Number of Shares ('000)        
     Basic 301,403 310,806 313,959 315,252
     Diluted 309,548 316,210 317,514 317,221

Balance Sheet & Cash Flow Statement

(Figures in thousands, except per share amounts and EPS)

 Full Year 2009
        (unaudited)
  2006 2007 2008 Q1
Cash & Marketable Securities 11,243,914 14,218,613 15,845,771 17,784,933
Accounts Receivable 1,322,340 2,162,521 2,642,192 2,543,105
     DSO (in days, using ending AR) 46 48 44 42
Property and equipment, net 2,395,239 4,039,261 5,233,843 5,122,105
Total Assets 18,473,351 25,335,806 31,767,575 33,513,029
Cash Flow from Operations 3,580,508 5,775,410 7,852,857 2,249,512
Capital Expenditures 1,902,798 2,402,840 2,358,461 262,755

Supplemental Information

(Figures in thousands, except per share amounts and EPS)

 Full Year 2009
        (unaudited)
  2006 2007 2008 Q1
Stock-based compensation 458,100 868,646 1,119,766 277,483
Int'l revenues as % of Total Revenues 43% 48% 51% 52%
Ending Permanent Headcount 10,674 16,805 20,222 20,164
     Sequential Headcount Growth Rate 88% 57% 20% 0%