January 2016
Intermediate to advanced
480 pages
132h 28m
English
Priceline’s recent income statement and balance sheet are provided in Exhibits 5 and 6, respectively. Priceline’s revenues increased 24 percent in 2014, but the firm’s goodwill almost doubled (increased by 88 percent).
Priceline’s Income Statement (in millions of USD)
| Report Date | December 31, 2014 | December 31, 2013 |
|---|---|---|
| Revenues | $8,442 | $6,793 |
| Operating expenses | 5,365 | 4,413 |
| EBIT | 3,077 | 2,380 |
| Interest | 88 | 83 |
| EBT | 2,989 | 2,297 |
| Tax | 568 | 403 |
| Other items | — | (2) |
| Net income | 2,421 | 1,892 |
Source: Based on company documents and Yahoo Finance.
Priceline’s Balance Sheet (in millions of USD)
| Report Date | December 31, 2014 | December 31, 2013 |
|---|---|---|
Assets Cash and equivalents |
$3,149 | $1,300 |
| Accounts ... |
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