You could even color code your headers to make your annual report page more readable. Refer to Note 1 — Accounting Policies of the Notes to Financial Statements for further discussion. The regional center in Ireland supports the European, Middle Eastern, and African region; the center in Singapore supports the Japan, India, Greater China, and Asia-Pacific region; and the centers in Fargo, North Dakota, Fort Lauderdale, Florida, Puerto Rico, Redmond, Washington, and Reno, Nevada support Latin America and North America. The investments we are making in infrastructure and devices will continue to increase our operating costs and may decrease our operating margins. We measure certain assets, including our cost and equity method investments, at fair value on a nonrecurring basis when they are deemed to be other-than-temporarily impaired. Certain corporate-level activity is not allocated to our segments, including impairment and restructuring expenses.
In these cases, the hardware and software license are accounted for as a single performance obligation and revenue is recognized at the point in time when ownership is transferred to resellers or directly to end customers through retail stores and online marketplaces. In evaluating estimated losses on these obligations, we consider factors such as the degree of probability of an unfavorable outcome and our ability to make a reasonable estimate of the amount of loss. Refer to Note 13 — Income Taxes of the Notes to Financial Statements. Forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties that may cause actual results to differ materially. As I reflect on our progress this past year, I first want to say thank you for your commitment and investment in Microsoft. These modern needs, habits, and expectations of our customers are motivating us to bring Microsoft Office 365, Windows platform, devices, including Microsoft Surface, and third-party applications into a more cohesive Microsoft 365 experience.
We will be required to use a forward-looking expected credit loss model for accounts receivables, loans, and other financial instruments. Xbox Live faces competition from various online marketplaces, including those operated by Amazon, Apple, and Google. As of June 30, 2018, the primary unresolved issue relates to transfer pricing, which could have a significant impact in our consolidated financial statements if not resolved favorably. Reliability is also a key driver to profitability. We will continue to help our customers build digital capability, so they can grow and thrive — today and long into the future. While it may be necessary in the future to seek or renew licenses relating to various aspects of our products, services, and business methods, we believe, based upon past experience and industry practice, such licenses generally can be obtained on commercially reasonable terms. The designers at the used their volunteers as inspiration.
When cloud services require a significant level of integration and interdependency with software and the individual components are not considered distinct, all revenue is recognized over the period in which the cloud services are provided. We expect capital expenditures to increase in coming years to support growth in our cloud offerings. Net realizable value is the estimated selling price less estimated costs of completion, disposal, and transportation. Our hybrid infrastructure consistency spans identity, data, compute, management, and security, helping to support the real-world needs and evolving regulatory requirements of commercial customers and enterprises. Refer to Note 12 — Debt of the Notes to Financial Statements for further discussion. We hire a mix of university and industry talent worldwide.
To the extent we fail to meet these requirements, we will be required to post collateral, similar to the standard convention related to over-the-counter derivatives. In fiscal year 2017, our U. Take this annual report template that follows a zig-zag path and uses circles to present data in a quirky way. Assets are not allocated to segments for internal reporting presentations. Use contrasting colors to deliver impact and highlight information Pair dark colors with bright colors for a bold design.
We report our financial performance based on the following segments: Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. And this year we took a further step to ensure that these suppliers also provide their employees with paid parental leave. Unearned revenue also includes payments for consulting services to be performed in the future; LinkedIn subscriptions; Office 365 subscriptions; Xbox Live subscriptions; Windows 10 post-delivery support; Dynamics business solutions; Skype prepaid credits and subscriptions; and other offerings for which we have been paid in advance and earn the revenue when we transfer control of the product or service. As you can see in the example from , they start this by creating a landscape oriented report. Companies are looking to use digital technology to fundamentally reimagine how they empower their employees, engage customers, optimize their operations, and change the very core of their products and services. Microsoft was served with the complaint in June 2014 and has been substituted for the Nokia defendants. The defendants filed an interlocutory appeal challenging the standard for evaluating expert scientific evidence, which the District of Columbia Court of Appeals heard en banc.
Our Level 2 derivative assets and liabilities primarily include certain over-the-counter option and swap contracts. Maximizing asset uptime and productivity leads to improved output and higher margins. Provides access to multiple discovered fields and additional exploration acreage in Papua New Guinea. Customers may purchase perpetual licenses or subscribe to licenses, which provide customers with the same functionality and differ mainly in the duration over which the customer benefits from the software. Dividends and interest income increased primarily due to higher average portfolio balances and yields on fixed-income securities.
The segments enable the alignment of strategies and objectives across the development, sales, marketing, and services organizations, and they provide a framework for timely and rational allocation of resources within businesses. What Information Is Included in an Annual Report? These costs are expected to be recognized over a weighted average period of 3 years. In addition to the operations centers, we also operate datacenters throughout the Americas, Australia, Europe, and Asia. Each and every page uses images and visuals that remind people that at the heart of everything, they are a moving company. This pricing methodology applies to our Level 2 investments such as corporate notes and bonds, foreign government bonds, mortgage- and asset-backed securities, commercial paper, certificates of deposit, and U. These enhancements to our complex enable us to better serve the major growth market in the Asia Pacific region. Deferred tax assets are reported net of a valuation allowance when it is more likely than not that a tax benefit will not be realized.
Customers are looking to us to accelerate their own digital transformations and to unlock new opportunity in this era of intelligent cloud and intelligent edge. In fiscal year 2017, our U. Our post on should help spark your creativity. During the periods presented, we reported our financial performance based on the following segments: Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. Use icons to emphasize key data points are the perfect way to visualize ideas and highlight points. These investments are carried at cost and are reviewed quarterly for indicators of other-than-temporary impairment.
Microsoft Mobile Oy, a subsidiary of Microsoft, along with other handset manufacturers and network operators, is a defendant in 35 lawsuits filed in the Superior Court for the District of Columbia by individual plaintiffs who allege that radio emissions from cellular handsets caused their brain tumors and other adverse health effects. As one of the two largest providers of cloud computing at scale, we believe we work from a position of strength. And we will continue to transform our culture to reflect the diverse customers we serve around the world, while holding fast to our timeless values. Take this annual report template with a green background: 3. This includes the server platform, database, business intelligence, storage, management and operations, virtualization, service-oriented architecture platform, security, and identity software. Use icons to give your annual report a web design look In this annual report example, the designers from took some of their important stats and combined them with icons.