FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA. Not applicable.
FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA. INDEPENDENT AUDITORS' REPORT Board of Directors and Stockholders Diamond Offshore Drilling, Inc. and subsidiaries Houston, Texas We have audited the accompanying consolidated balance sheets of Diamond Offshore Drilling, Inc. and subsidiaries (the "Company") as of December 31, 2001 and 2000, and the related consolidated statements of income, stockholders' equity, comprehensive income and cash flows for each of the three years in the period ended December 31, 2001. These financial statements are the responsibility of the Company's management. Our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion. In our opinion, such consolidated financial statements present fairly, in all material respects, the financial position of Diamond Offshore Drilling, Inc. and subsidiaries as of December 31, 2001 and 2000, and the results of their operations and their cash flows for each of the three years in the period ended December 31, 2001, in conformity with accounting principles generally accepted in the United States of America. Deloitte & Touche LLP Houston, Texas January 22, 2002 (February 14, 2002 as to the settlement of put options described in Note 1) DIAMOND OFFSHORE DRILLING, INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (IN THOUSANDS, EXCEPT SHARE AND PER SHARE DATA) ASSETS DECEMBER 31, 2001 2000 Current assets: Cash and cash equivalents................................. $ 398,990 $ 144,456 Marketable securities..................................... 748,387 717,678 Accounts receivable....................................... 193,653 153,452 Rig inventory and supplies................................ 40,814 40,698 Prepaid expenses and other................................ 45,571 15,906 Total current assets.............................. 1,427,415 1,072,190 Drilling and other property and equi...
FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA. The financial statements and supplementary data required by Regulation S-X are included in thisForm 10-K commencing on page F-1. ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE. Not applicable.
FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA. The Consolidated Financial Statements of IDEX, including Notes thereto, together with the independent auditors' report thereon of Deloitte & Touche LLP on pages 22 to 34 of the 2000 Annual Report are incorporated herein by reference. ITEM 9. CHANGES IN AND DISAGREEMENTS WITH INDEPENDENT AUDITORS ON ACCOUNTING AND FINANCIAL DISCLOSURE. None. PART III
FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA. The financial statements for the years ended December 31, 1999, 1998 and 1997 are submitted as a separate section of this report. See Item 14. ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE Not Applicable.
FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA. INDEPENDENT AUDITORS' REPORT Board of Directors and Stockholders Diamond Offshore Drilling, Inc. and subsidiaries Houston, Texas We have audited the accompanying consolidated balance sheets of Diamond Offshore Drilling, Inc. and subsidiaries (the "Company") as of December 31, 1998 and 1997, and the related consolidated statements of income, stockholders' equity, comprehensive income and cash flows for each of the three years in the period ended December 31, 1998. These financial statements are the responsibility of the Company's management. Our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits in accordance with generally accepted auditing standards. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion. In our opinion, such consolidated financial statements present fairly, in all material respects, the financial position of Diamond Offshore Drilling, Inc. and subsidiaries as of December 31, 1998 and 1997, and the results of their operations and their cash flows for each of the three years in the period ended December 31, 1998, in conformity with generally accepted accounting principles. DELOITTE & TOUCHE LLP Houston, Texas January 25, 1999 28 DIAMOND OFFSHORE DRILLING, INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (IN THOUSANDS, EXCEPT SHARE AND PER SHARE DATA) ASSETS DECEMBER 31, 1998 1997 Current assets: Cash and cash equivalents................................. $ 101,198 $ 102,958 Marketable securities..................................... 535,774 363,137 Accounts receivable....................................... 233,719 205,589 Rig inventory and supplies................................ 35,794 33,714 Prepaid expenses and other................................ 31,939 13,377 Total current assets.............................. 938,424 718,775 Drilling and other property and equipment, net of accumulated depreciation.................................. 1,551,820 1,451,741 Goodwill, net of accumulated amortization..........
FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA. The financial statements that are filed as part of this Annual Report on Form 10-K are set forth in the Index to Consolidated Financial Statements at page F-1 hereof. 32 Table of Contents Item 9. Changes and Disagreements with Accountants on Accounting and Financial Disclosure None
FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA. PAGE ---- INDEX TO FINANCIAL STATEMENTS (ITEM 14(A) 1) Report of Independent Auditors 20 Consolidated Statement of Income for the years ended December 31, 1996, 1995, and 1994 21 Consolidated Balance Sheet at December 31, 1996 and 1995 22 Consolidated Statement of Stockholders' Equity for the years ended December 31, 1996, 1995, and 1994 23 Consolidated Statement of Cash Flows for the years ended December 31, 1996, 1995, and 1994 24 Notes to the Consolidated Financial Statements 25 FINANCIAL STATEMENT SCHEDULES (ITEM 14(A) 2) Financial statement schedules have been omitted because either they are not applicable or the required information is included in the financial statements or the notes thereto.
FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA. The consolidated financial statements of Sonus Networks, Inc. are filed as a part of this Annual Report on Form 10-K beginning on page F-1. ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE. Not applicable.
FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA. The information called for by this item is incorporated from the Company's Consolidated Financial Statements and Notes thereto set forth on pages F-1 through F-16.
