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These excerpts taken from the SOHU 10-K filed Feb 28, 2008. Interest Income Interest income includes net interest income and foreign currency exchange gains. For the year ended December 31, 2006, interest income was $3.2 million, as compared to $2.5 million for the year ended December 31, 2005. The increase was mainly due to an increase in market interest rates and RMB appreciation. Interest Income to $2.5 million for the year ended December 31, 2005. The increase was mainly due to an increase in market interest rates and RMB appreciation. SIZE="2">Income Tax Expense For the year ended December 31, 2006, income tax expense was $1.6 million as compared to $11,000 for the year ended Income earned in the United States, where Sohu.com Inc. is incorporated, is subject to taxation at 34% or 35%. For the foreseeable
-55- Table of ContentsThis excerpt taken from the SOHU 10-Q filed Nov 7, 2007. Interest Income For the three and nine months ended September 30, 2007, interest income was $608,000 and $2.4 million, as compared to $951,000 and $2.3 million for the three and nine months ended September 30, 2006. The decrease in the three months ended September 30, 2007 was mainly due to the repayment of our convertible notes of $58.5 million in July, which decreased the average cash balance for the quarter. This excerpt taken from the SOHU 10-Q filed Aug 6, 2007. Interest Income For the three and six months ended June 30, 2007, interest income was $1.1 million and $1.8 million, as compared to $787,000 and $1.3 million for the three and six months ended June 30, 2006. The increase was mainly due to increase in market interest rates and RMB appreciation. This excerpt taken from the SOHU 10-Q filed May 8, 2007. Interest Income For the three months ended March 31, 2007, interest income was $769,000, as compared to $529,000 for the three months ended March 31, 2006. The increase was mainly due to an increase in market interest rates and RMB appreciation. This excerpt taken from the SOHU 10-K filed Mar 8, 2007. Interest Income For the year ended December 31, 2005, interest income was $2.5 million, as compared to $2.4 million for the year ended December 31, 2004. The increase was mainly due to the increase of interest rate, while our average cash balance and marketable debt securities decreased. This excerpt taken from the SOHU 10-Q filed Nov 6, 2006. Interest Income Interest income includes net interest income and foreign currency exchange gains. For the three and nine months ended September 30, 2006, interest income was $951,000 and $2.3 million, respectively, as compared to $617,000 and $1.7 million for the three and nine months ended September 30, 2005, respectively. The increase was mainly due to increase in market interest rates and RMB appreciation.
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Table of ContentsThis excerpt taken from the SOHU 10-Q filed Aug 8, 2006. Interest Income For the three and six months ended June 30, 2006, interest income was $787,000 and $1.3 million, as compared to $555,000 and $1.1 million for the three and six months ended June 30, 2005, mainly due to the changes in market interest rates. This excerpt taken from the SOHU 10-Q filed May 2, 2006. Interest Income For the three months ended March 31, 2006, interest income was $529,000, as compared to $573,000 for the three months ended March 31, 2005. This excerpt taken from the SOHU 10-K filed Feb 28, 2006. Interest Income For the year ended December 31, 2004, interest income was $2.4 million, as compared to $2.0 million for the year ended December 31, 2003. The increases were mainly due to our increased average cash balance and marketable securities, as a result of our private placement of zero coupon convertible senior notes in July 2003 and an increase in our profits, and to a lesser extent an increase in interest rates. This excerpt taken from the SOHU 10-Q filed Nov 9, 2005. Interest Income
For the three and nine months ended September 30, 2005, interest income was $617,000 and $1.7 million, as compared to $641,000 and $1.8 million for the three and nine months ended September 30, 2004. The decrease was mainly due to a decrease of our average cash balance and marketable debt securities, while the interest rates increased.
This excerpt taken from the SOHU 10-Q filed Aug 8, 2005. Interest Income
For the three and six months ended June 30, 2005, interest income was $555,000 and $1.1 million, as compared to $578,000 and $1.2 million for the three and six months ended June 30, 2004. The decrease was mainly due to a decreased in our average cash balance and marketable debt securities.
This excerpt taken from the SOHU 10-Q filed May 2, 2005. Interest Income
For the three months ended March 31, 2005, interest income was $573,000, as compared to $630,000 for the three months ended March 31, 2004. The decrease of $57,000 was mainly due to our decreased average cash balance and marketable securities.
This excerpt taken from the SOHU 10-K filed Mar 25, 2005. Interest Income
Interest income was $2.0 million for the year ended December 31, 2003, as compared to $1.3 million for the year ended December 31, 2002. The increase of $700,000 in 2003 was mainly due to our increased cash balance and marketable securities as a result of our private placement of zero coupon convertible senior notes in July 2003 and an increase in our profits from fiscal 2002 to fiscal 2003.
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