EX-99.2 5 f88010exv99w2.txt EXHIBIT 99.2 EXHIBIT 99.2 UNAUDITED SELECTED FINANCIAL DATA The selected consolidated financial data set forth below should be read in conjunction with "Management's Discussion and Analysis of Financial Condition and Results of Operations" and the Consolidated Financial Statements of Inktomi Corporation and the notes thereto included elsewhere in this report. The historical results are not necessarily indicative of results to be expected for any future period. CONSOLIDATED STATEMENTS OF OPERATIONS DATA
FOR THE YEAR ENDED SEPTEMBER 30, --------------------------------------------------------------- 2002(a) 2001(b) 2000 1999 1998 --------- --------- --------- --------- -------- (IN THOUSANDS, EXCEPT PER SHARE DATA) Total revenues ....................... $ 90,287 $ 172,526 $ 220,666 $ 73,503 $ 21,355 Operating loss ....................... (261,732) (184,480) (23,098) (37,619) (30,428) Loss from continuing operations ...... (255,818) (240,957) (7,973) (33,028) (29,915) Loss from discontinued operations .... (244,977) (55,525) (19,367) -- -- Net loss ............................. $(500,795) $(296,482) $ (27,340) $ (33,028) $(29,915) Basic and diluted loss per share from continuing operations ... (1.79) (1.92) (0.07) (0.32) (0.38) Basic and diluted loss per share from discontinued operations . (1.72) (0.44) (0.17) -- -- Basic and diluted net loss per share .............................. (3.51) (2.36) (0.24) (0.32) (0.38) Weighted average shares outstanding used in calculating basic and diluted net loss per share ......... 142,693 125,608 113,030 102,033 79,252
(a) Fiscal 2002 includes the following items in loss from continuing operations: $10.2 million impairment charge related to goodwill and other intangibles; $80.0 million charges related to our Parkside lease restructuring and termination; and $103.0 million charge for impairment of property, plant and equipment. Fiscal 2002 includes the following items in loss from discontinued operations: $192.4 million impairment charge related to goodwill and other intangibles. (b) Fiscal 2001 includes the following items in loss from continuing operations: $44.9 million impairment charge related to goodwill and other intangibles; $19.5 million in acquisition related costs; and a $65.9 million charge for impairment of investments. CONSOLIDATED BALANCE SHEETS DATA
SEPTEMBER 30 ----------------------------------------------------- 2002 2001 2000 1999 1998 --------- -------- -------- -------- ------- (IN THOUSANDS) Cash and cash equivalents and short-term investments .......................... $ 45,407 $ 84,513 $218,511 $304,214 $54,711 Long term restricted cash .............. -- 128,957 119,616 -- -- Investments in equity securities ....... 331 1,381 117,898 8,180 -- Working capital ........................ (36,377) 7,672 165,328 298,764 40,949 Total assets ........................... 145,216 583,123 919,256 385,337 78,946 Debt and capital lease obligations, less current portion ...................... 216 5,649 3,748 8,293 9,074 Total stockholders' equity ............. 46,634 471,981 803,062 343,867 50,184
---------- Note: All historical information has been restated to reflect the acquisitions of C2B Technologies, Inc. in September 1998, Impulse! Buy Network, Inc. in April 1999, WebSpective Software, Inc. in October 1999, and FastForward Networks, Inc. in October 2000. Each of these acquisitions were accounted for as a pooling of interests.