Slide 1: Q4 2018 Financial Results Conference Call Slides
Q4 2018 Financial Results Conference Call Slides
Slide 2: Forward-looking statements
This presentation may contain forward-looking statements which are inherently difficult to predict. Actual results could differ materially for a variety of reasons, including fluctuations in foreign exchange rates, changes in global economic conditions and customer spending, world events, the rate o
Slide 3: Free Cash Flow – TTM
MM Free Cash Flow – TTM (1) (2) (3) Up 134% Y/Y (4) Up 101% Y/Y Long-Term Goal – Optimize Free Cash Flows (1) Free cash flow is cash flow from operations reduced by “Purchases of property and equipment, net of proceeds from property and equipment incentives,” which both are included in cash flow fro
Slide 4: Free Cash Flow Less Lease Principal Repayments – TTM
Free Cash Flow Less Lease Principal Repayments – TTM (1) (2) MM Up 251% Y/Y(3) Up 134% 101% Y/Y Long-Term Goal – Optimize Free Cash Flows (1) Free cash flow less lease principal repayments is free cash flow reduced by “Principal repayments of capital lease obligations,” and “Principal repayments of
Slide 5: Free Cash Flow Less Finance Lease Principal Repayments and Assets Acquired Under Capital Leases – TTM
Free Cash Flow Less Finance Lease Principal Repayments and MM Assets Acquired Under Capital Leases – TTM (1) (2) (3) Down N/A Y/Y(3) Long-Term Goal – Optimize Free Cash Flows (1) Free cash flow less finance lease principal repayments and assets acquired under capital leases is free cash flow reduced
Slide 6: Shares: Efficiently Managing Dilution
MM Shares 504 507 Efficiently Managing Dilution 6
Slide 7: Net Sales
MM Net Sales Up 20% Y/Y, Up 21% F/X Adjusted (1) (1) Information regarding the effect of foreign exchange rates, versus the U.S. Dollar, on our net sales and operating income is provided to show reported period operating results had the foreign exchange rates remained the same as those in effect in
Slide 8: Net Sales – TTM
Net Sales – TTM MM Up 31% Y/Y; Up 30% F/X Adjusted 8
Slide 9: Operating Income
Operating Income MM Up 78% Y/Y; Up 72% F/X Adjusted 9
Slide 10: Operating Income – TTM
Operating Income – TTM MM Up 203% Y/Y; Up 197% F/X Adjusted 10
Slide 11: Net Income
Net Income MM $4,000 $3,027 $2,000 | $1,856 $0 | Q4 2017 Q1 2018 Q2 2018 Q3 2018 Q4 2018
Slide 12: Segment Results – North America
Segment Results – North America MM MM Sales Operating Income Up 18% Y/Y TTM Net Sales $141.4B 12
Slide 13: Segment Results – International
Segment Results – International MM MM Sales Operating Income (Loss) Up 15% Y/Y; Up 19% F/X Adjusted TTM Net Sales $65.9B 13
Slide 14: Segment Results – AWS
Segment Results – AWS MM MM Sales Operating Income Up 45% Y/Y; Up 61%Y/Y; Up 46% F/X Adjusted Up 57% F/X Adjusted TTM Net Sales $25.7B 14
Slide 15: Appendix
amazon Appendix
Slide 16: Free Cash Flow Reconciliation – TTM
Free Cash Flow Reconciliation – TTM Q4 2017 Q1 2018 Q2 2018 Q3 2018 Q4 2018 MM Operating Cash Flow $18,365 $18,194 $21,793 $26,604 $30,723 Purchases of property and equipment, net of proceeds from property and equipment incentives (10,058) (10,924) (11,372) (11,239) (11,323) Free Cash Flow $8,307 $7
Slide 17: Free Cash Flow Less Lease Principal Repayments Reconciliation – TTM
Free Cash Flow Less Lease Principal Repayments Reconciliation – TTM Q4 2017 Q1 2018 Q2 2018 Q3 2018 Q4 2018 MM Operating Cash Flow $18,365 $18,194 $21,793 $26,604 $30,723 Purchases of property and equipment, net of proceeds from property and equipment (10,058) (10,924) (11,372) (11,239) (11,323) inc
Slide 18: Assets Acquired Under Capital Leases Reconciliation – TTM
Free Cash Flow Less Finance Lease Principal Repayments and Assets Acquired Under Capital Leases Reconciliation – TTM Q4 2017 Q1 2018 Q2 2018 Q3 2018 Q4 2018 MM Operating Cash Flow $18,365 $18,194 $21,793 $26,604 $30,723 Purchases of property and equipment, net of proceeds from (10,058) (10,924) (11,