Avago Technologies Announces Second Quarter Fiscal 2007 Financial Results

                 AVAGO TECHNOLOGIES FINANCE PTE. LTD.
RECONCILIATION OF NET INCOME TO EBITDA AND ADJUSTED EBITDA - UNAUDITED
                            (IN MILLIONS)

                                           Three months ended
                                  ------------------------------------
                                   April 30,   January 31,  April 30,
                                     2007         2007        2006
                                  ------------ ----------- -----------

Net income (loss)                 $         4  $        6       $ (48)
Interest expense, net                      28          29          40
Income taxes                                1           3           1
Depreciation and amortization
 expense                                   44          45          59
                                  ------------ ----------- -----------
EBITDA                                     77          83          52

Restructuring charges                       4          22           -
Purchase accounting adjustments             4           5          11
Stock-based compensation                    3          10           -
Unusual or non-recurring charges            1           3          11
Loss on extinguishment of debt             10           -           -
Transition Service Agreement
 Payments                                   -           -          14
Income from and gain on
 discontinued operations                  (11)        (49)         (3)
                                  ------------ ----------- -----------
Adjusted EBITDA                   $        88  $       74       $  85
                                  ============ =========== ===========

EBITDA represents net income (loss) before interest expense, income
 taxes, depreciation and amortization. Adjusted EBITDA is defined as
 EBITDA further adjusted to give effect to certain items that are
 required in calculating covenant compliance under our senior and
 senior subordinated notes as well as under our senior secured credit
 facility. Adjusted EBITDA is calculated by subtracting from or adding
 to EBITDA items of income or expense described above. EBITDA and
 Adjusted EBITDA do not represent net income (loss), as that term is
 defined under GAAP, and should not be considered as an alternative to
 net income as an indicator of our operating performance.
Additionally, EBITDA and Adjusted EBITDA are not intended to be
 measures of free cash flow available for management or discretionary
 use as such measures do not consider certain cash requirements such
 as capital expenditures, tax payments and debt service requirements.
 EBITDA and Adjusted EBITDA as presented herein are not necessarily
 comparable to similarly titled measures.

                 AVAGO TECHNOLOGIES FINANCE PTE. LTD.
          CONDENSED CONSOLIDATED BALANCE SHEETS - UNAUDITED
                            (IN MILLIONS)


                                     --------- ----------- -----------
                                     April 30, January 31, October 31,
                                       2007       2007      2006 (1)
                                     --------- ----------- -----------

ASSETS

Current assets:
  Cash and cash equivalents          $    200  $      240  $      272
  Trade accounts receivable, net          206         176         187
  Inventory                               143         166                169
    Other  current  assets                                          40                    44                    34

                                                                          ---------  -----------  -----------
        Total  current  assets                                    589                  626                  662
Property,  plant  and  equipment,  net                388                  403                  417
Goodwill                                                                    116                  116                  116
Intangible  assets,  net                                        914                  937                  973
Other  long-term  assets                                          39                    42                    49

                                                                          ---------  -----------  -----------
        Total  assets                                          $    2,046    $        2,124    $        2,217

                                                                          =========  ===========  ===========


LIABILITIES  AND  SHAREHOLDER'S  EQUITY

Current  liabilities:
    Accounts  payable                                      $        126    $            136    $            165
    Employee  compensation  and  benefits              46                    42                    68
    Accrued  interest                                                  35                    19                    38
    Capital  lease  obligations  -
      current                                                                    2                      2                      3
    Other  current  liabilities                                26                    43                    77

                                                                          ---------  -----------  -----------
        Total  current  liabilities                          235                  242                  351

Long-term  liabilities:
    Long-term  debt                                                    923              1,000              1,000
    Capital  lease  obligations  -  non-
      current                                                                    4                      5                      4
    Other  long-term  liabilities                            30                    30                    31

                                                                          ---------  -----------  -----------
        Total  liabilities                                      1,192              1,277              1,386

Shareholder's  equity:
    Ordinary  shares,  no  par  value                  1,071              1,068              1,058
    Accumulated  deficit                                        (217)              (221)              (227)

                                                                          ---------  -----------  -----------
        Total  shareholder's  equity                        854                  847                  831

                                                                          ---------  -----------  -----------
        Total  liabilities  and
          shareholder's  equity                        $    2,046    $        2,124    $        2,217

                                                                          =========  ===========  ===========

(1)  Amounts  as  of  October  31,  2006  have  been  derived  from  audited
  financial  statements  as  of  that  date.
 


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