Advanced Micro Devices (AMD) 8-K Consolidated Statements of Operations

EXHIBIT 99.1

Advanced Micro Devices, Inc.

CONSOLIDATED STATEMENTS OF OPERATIONS

(Thousands except per share amounts)

	Quarter Ended Dec. 25, 2005 (Unaudited)			Year Ended Dec. 25, 2005 (Unaudited)
Net sales	$	1,838,276		$	5,847,577
Cost of sales		986,148			3,455,812
Research and development		329,301			1,144,025
Marketing, general and administrative		317,111			1,016,085
Restructuring and other special charges, net		—			—
		1,632,560			5,615,922
Operating income		205,716			231,655
Interest and other income (expense), net		445			13,571
Interest expense		(24,447	)		(104,960	)
Income (loss) before minority interest, equity in income (loss) of unconsolidated investee and income taxes		181,714			140,266
Minority interest in loss of consolidated subsidiaries		19,166			125,151
Loss on disposition of equity interest in Spansion Inc.		(109,681	)		(109,681	)
Equity in income of unconsolidated investee		3,105			3,105
Provision (benefit) for income taxes		(1,284	)		(6,642	)
Net income (loss)	$	95,588		$	165,483
Net income (loss) per common share
Basic	$	0.23		$	0.41
Diluted	$	0.21		$	0.40
Shares used in per share calculation
- Basic		412,498			400,004
- Diluted		452,323			440,776

Advanced Micro Devices, Inc.

CONSOLIDATED BALANCE SHEETS

(Thousands)

	Dec. 25, 2005
	(Unaudited)
Assets
Current assets:
Cash, cash equivalents and short-term investments	$	1,794,765
Accounts receivable, net (1)		805,531
Inventories		388,631
Prepaid expenses and other current assets		477,304
Deferred income taxes		92,606
Total current assets		3,558,837
Property, plant and equipment, net		2,700,999
Net investment in Spansion Inc.		721,342
Other assets		306,602
Total Assets	$	7,287,780
Liabilities and Stockholders’ Equity
Current liabilities:
Notes payable	$	—
Accounts payable		855,834
Accrued compensation and benefits		226,874
Accrued liabilities		388,999
Restructuring accruals		18,616
Income taxes payable		3,326
Deferred income on shipments to distributors		141,898
Current portion of long-term debt and capital lease obligations		43,225
Other current liabilities		143,191
Total current liabilities		1,821,963
Deferred income taxes		92,605
Long-term debt and capital lease obligations		1,327,064
Other long-term liabilities		459,323
Minority interest in consolidated subsidiaries		234,988
Stockholders’ equity:
Capital stock:
Common stock, par value		4,353
Capital in excess of par value		2,710,171
Retained earnings		473,676
Accumulated other comprehensive income		163,637
Total stockholders’ equity		3,351,837
Total Liabilities and Stockholders’ Equity	$	7,287,780

(1) Includes accounts receivable from customers of Spansion Inc.