Basic Long – Term Financial

Concept
• Financial advisors - typically
provide clients/customers with
financial product and services,
depending on the licenses they
hold and the training they have
had.
• Financial Market - is a market in
which people trade financial
securities, commodities, and other
fungible items of value at low
transaction costs and at price that
reflect supply and demand.
• Insolvency – is the state of being
unable to pay the money owed,
by a person or a company, on
time; those in a state of
insolvency are said to be
insolvent.
• Compound interest – is interest
added to the principal of a
deposit or loan so that the
added interest also earns
interest from then on.
Long – Term
Financial
HIGHLIGHTS

(in millions) 2015 2016

Net revenues
Net income
Earnings per share
Return on net revenues
Cash and short-term investments
Total assets
Shareholder equity
 INCOME

Net Revenues Net Income Earnings per Share

$4,649 $1.88

$1,146
$1.57
$3,753
$953
$1.21
$2,759
$708

16 17 18 16 17 18 16 17 18
REVENUE BY DIVISION
Division A
Division D 16%
23%

Division B
Division C 24%
37%
BALANCE SHEET
2015 2016
Assets
–Cash and short-term investments
–Accounts receivable
–Inventories
–Other
Total Assets
Liabilities
–Accounts payable
–Accrued compensation
–Income taxes payable
–Other
Total Liabilities
Shareholder Equity
ASSETS

AIME
29%
US
51%

ROW
7%
Europe
13%
 STOCK PERFORMANCE

30

25
High

20

15