Historical Financial Information

EX-99.1 2 dex991.htm HISTORICAL FINANCIAL INFORMATION Historical Financial Information

Exhibit 99.1

SPG Restated for Camera Module Divestiture


SPG with camera module business
	Q103		Q203		Q303		Q403		FY03		Q104		Q204		Q304		Q404		FY04
Orders ¹	385		424		364		499		1,672		588		529		474		408		1,999
Revenue ¹	372		380		386		470		1,608		474		532		544		492		2,042
Operating profit (loss) ¹	(48	)	(44	)	(8	)	41		(59	)	60		65		32		8		165

Camera module business²
	Q103		Q203		Q303		Q403		FY03		Q104		Q204		Q304		Q404		FY04
Orders	5		19		37		43		104		101		86		75		73		335
Revenue	5		4		19		30		58		44		75		86		91		296
Operating Loss	(8	)	(9	)	(14	)	(8	)	(39	)	(17	)	(1	)	(28	)	(8	)	(54	)

Camera module business expenses which remain in SPG cost structure
	Q103		Q203		Q303		Q403		FY03		Q104		Q204		Q304		Q404		FY04
Operating Loss	(6	)	(6	)	(7	)	(8	)	(27	)	(10	)	(16	)	(19	)	(17	)	(62	)

SPG without camera module business
	Q103		Q203		Q303		Q403		FY03		Q104		Q204		Q304		Q404		FY04
Orders	380		405		327		456		1,568		487		443		399		335		1,664
Revenue	367		376		367		440		1,550		430		457		458		401		1,746
Operating profit (loss)	(46	)	(41	)	(1	)	41		(47	)	67		50		41		(1	)	157

FY04 results for SPG have been restated to include $21 million in orders, $21 million in revenues and $1 million in operating profit that were not previously included in SPG results as reported in our Annual Report on Form 10-K for year ended October 31, 2004 in order to reflect the impact of a transfer of a business unit to SPG from our Test and Measurement business in FY05. Similar restatements were made for all quarters presented and for FY03.

²	Camera module business with all direct and indirect costs and expenses including segment and corporate allocations, shared services and other costs and expenses which will remain after the sale of the camera business.

Operating profit (loss) reflect the results of SPG and the camera module business under Agilent’s management reporting system which is not necessarily in conformity with accounting principles generally accepted in the United States (GAAP). Operating profit (loss) of our management reporting system excludes restructuring, amortization of intangibles and some residual corporate charges.

In general, recorded orders represent firm purchase commitments from our customers with established terms and conditions for products and services that will be delivered within six months.

Historical amounts have been restated to conform with current period presentation.

SPG Market Segment Split for Orders


SPG orders with camera module business
	FY 2004
	Q1		Q2		Q3		Q4		Total
Networking	$	155	$	137	$	131	$	121	$	544
Personal systems		433		392		343		287		1,455

	$	588	$	529	$	474	$	408	$	1,999


	FY 2003
	Q1		Q2		Q3		Q4		Total
Networking	$	135	$	134	$	124	$	174	$	567
Personal systems		250		290		240		325		1,105

	$	385	$	424	$	364	$	499	$	1,672

SPG orders without camera module business

	FY 2004
	Q1		Q2		Q3		Q4		Total
Networking	$	155	$	137	$	131	$	121	$	544
Personal systems		332		306		268		214		1,120

	$	487	$	443	$	399	$	335	$	1,664


	FY 2003
	Q1		Q2		Q3		Q4		Total
Networking	$	135	$	134	$	124	$	174	$	567
Personal systems		245		271		203		282		1,001

	$	380	$	405	$	327	$	456	$	1,568

In general, recorded orders represent firm purchase commitments from our customers with established terms and conditions for products and services that will be delivered within six months.

Historical amounts have been restated to conform with current period presentation.

SPG Market Segment Split for Revenue


SPG revenue with camera module business
	FY 2004
	Q1		Q2		Q3		Q4		Total
Networking	$	154	$	151	$	144	$	128	$	577
Personal systems		320		381		400		364		1,465

	$	474	$	532	$	544	$	492	$	2,042


	FY 2003
	Q1		Q2		Q3		Q4		Total
Networking	$	130	$	120	$	131	$	161	$	542
Personal systems		242		260		255		309		1,066

	$	372	$	380	$	386	$	470	$	1,608

SPG revenue without camera module business

	FY 2004
	Q1		Q2		Q3		Q4		Total
Networking	$	154	$	151	$	144	$	128	$	577
Personal systems		276		306		314		273		1,169

	$	430	$	457	$	458	$	401	$	1,746


	FY 2003
	Q1		Q2		Q3		Q4		Total
Networking	$	130	$	120	$	131	$	161	$	542
Personal systems		237		256		236		279		1,008

	$	367	$	376	$	367	$	440	$	1,550

Historical amounts have been restated to conform with current period presentation.