EX-13.2 5 dex132.txt EXHIBIT 13.2-SELECTED FINANCIAL DATA Exhibit 13.2 2OO1 COGNOS ANNUAL REPORT SELECTED CONSOLIDATED FINANCIAL DATA -------------------------------------------------------------------------------- FIVE-YEAR SUMMARY The following Selected Consolidated Financial Data has been derived from the Corporation's consolidated financial statements that have been audited by Ernst & Young LLP, independent chartered accountants. The Selected Consolidated Financial Data should be read in conjunction with the Consolidated Financial Statements and related Notes, and with Management's Discussion and Analysis of Financial Condition and Results of Operations. On April 6, 2000, the Board of Directors of the Corporation authorized a two-for-one stock split, effected in the form of a stock dividend, payable on or about April 27, 2000 to stockholders of record at the close of business on April 20, 2000. All historic consolidated results have been restated for the split.
Years Ended the Last Day of February (US$000s except share amounts, U.S. GAAP) ------------------------------------------------------------------------- 2OO1 2OOO 1999 1998 1997 Statement of Income Data Revenue $ 495,652 $ 385,640 $ 301,125 $ 244,834 $ 198,185 ---------------------------------------------------------------------------------------------------------------------------------- Operating expenses Cost of product license 7,315 5,235 5,738 3,828 3,266 Cost of product support 17,820 13,758 11,166 9,694 9,634 Selling, general, and administrative 320,535 238,147 172,482 140,882 114,617 Research and development 67,264 53,548 42,274 33,530 28,951 Acquired in-process technology 3,000 -- 3,800 18,000 -- ---------------------------------------------------------------------------------------------------------------------------------- Total operating expenses 415,934 310,688 235,460 205,934 156,468 ---------------------------------------------------------------------------------------------------------------------------------- Operating income 79,718 74,952 65,665 38,900 41,717 Interest expense (786) (718) (527) (481) (427) Interest income 12,386 7,454 6,430 5,340 4,524 ---------------------------------------------------------------------------------------------------------------------------------- Income before taxes 91,318 81,688 71,568 43,759 45,814 Income tax provision 27,058 22,873 13,134 11,117 9,025 ---------------------------------------------------------------------------------------------------------------------------------- Net income $ 64,260 $ 58,815 $ 58,434 $ 32,642 $ 36,789 ================================================================================================================================== Net income per share Basic $0.74 $0.68 $0.67 $0.37 $0.43 Diluted $0.70 $0.67 $0.66 $0.36 $0.40 Net income per share, excluding the effect of the write-off of acquired in-process technology Basic $0.77 $0.68 $0.71 $0.57 $0.43 Diluted $0.73 $0.67 $0.69 $0.55 $0.40 Weighted average number of shares (000s) Basic 87,324 85,972 87,416 88,414 86,298 Diluted 91,973 88,100 88,940 91,544 92,104 Balance Sheet Data (at end of period) Working capital $ 197,673 $ 166,455 $ 123,343 $ 112,846 $ 103,727 Total assets 495,592 377,803 286,259 220,279 189,748 Total debt 32 2,176 2,612 2,457 2,655 Stockholders' equity 290,529 212,591 159,028 131,005 115,912 -------------------------------------------------------------------------
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