While growth is slowing down... EU-27

0,1% North America

-0,1% ASEAN

3%

Latin America

2.2%

Economic Growth for 2008 The Economist - The World in 2009

Middle East and Africa

4.8%

…revenue is growing by 18% at Google

In Mountain View

+18%

Growth is driven by Google properties

70% of Total Revenue

Revenue from Google’s sites (google.com, youtube, gmail, etc.)

Revenue from Network (Sites using AdSense)

$ 3,811 million in Q4 +22%

$ 1,693 million in Q4 +4%

International has waxed and waned

Strong change in currency exchange rate

$460M to revamp stock options plan

$460 M Plan

With the stock collapse 85% of Google employees have underwater stock options

$460 M Plan To lower the exchange price to $300

Increase Retention Of top talents

Employee Employee

Not core Not successful Redundant products

Strategic refocus for long-term growth

Focus on transformation products - transform markets or ideas - transform how information works and

displays

In Out

Net income of $ 382 M for Q4

2007

$ 4,203,720,000 $ 1

,206,4

49,0

00

$ 1

,069,9

89,0

00

$ 9

25,1

20,0

00

$ 1

,002,1

62,0

00

Q1 Q2 Q3 Q4

2008

$ 4,226,858,000

$ 1

,289,9

38,0

00

$ 1

,247,3

91,0

00

$ 1

,307,0

86,0

00

Q1 Q2 Q3 Q4

$ 3

82,4

42,0

00

Impairment on equity investments due to market valorisation collapse: • $726 million for AOL

• $355 million for Clearwire

Net income for 2008 without this impairement is

$5,321,615,000 (+26%)

$ 1,094,757,000 +0.6%

This slideshow was created by

Even if the content is based on Google Q4 2008 Earnings Summary, it is simply an analysis and doesn’t necessarily reflect Google’s opinion Icons on slide 5 & 6 come from www.everaldo.com/crystal/ licensed under LGPL Icons on slide 7 come from www.theiconlab.com The world map come from www.theflashblog.com