AMZN » Topics » Other Income, Net

These excerpts taken from the AMZN 10-Q filed Apr 24, 2009.

Note 7 — Other Income, Net

Other income, net, was $4 million in Q1 2009 and $5 million in Q1 2008, and consisted primarily of gains and losses on sales of marketable securities, foreign currency transaction gains and losses, and other miscellaneous losses.

Other Income, Net

Other income, net, consisted of the following:

 

     Three Months Ended
March 31,
 
         2009             2008      
     (in millions)  

Foreign-currency gain (loss) on remeasurement of 6.875% PEACS

   $ 16     $ (29 )

Foreign-currency gain (loss) on intercompany balances

     (16 )     32  

Other

     4       2  
                

Total other income, net

   $ 4     $ 5  
                
This excerpt taken from the AMZN 10-Q filed Apr 28, 2005.

Other Income, Net

 

Other income (expense), net consisted of the following:

 

     Q1 2005

    Q1 2004

 
     (in millions)  

Gain (loss) on sales of marketable securities, net

   $ (1.3 )   $ 1.1  

Foreign-currency transaction gains (losses), net (1)

     4.7       (1.0 )

Other miscellaneous gains (losses), net

     (0.1 )     0.7  
    


 


Total other income, net

   $ 3.3     $ 0.8  
    


 



(1) Foreign-currency transaction losses primarily relate to the interest payable on our 6.875% PEACS. Since these payments are settled in Euros, the balance of interest payable (which is paid annually in February) is subject to gains or losses resulting from changes in exchange rates between the U.S. Dollar and Euro between reporting dates and payment.

 

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