HP (HPQ) 8-K Financial statements and exhibits

Hewlett-Packard
Non-GAAP Company Restated Segments (Continuing Operations) with GAAP Bridge
FY03 and FY04

	Fiscal 2003															Fiscal 2004
	1Q			2Q			3Q			4Q			Year			1Q			2Q		3Q		4Q		Year
Net Revenue:
Imaging and Printing Group		5,598			5,512			5,226			6,233			22,569			5,910			0		0		0		5,910
Personal Systems Group		5,142			5,127			4,955			5,986			21,210			6,187			0		0		0		6,187
HP Services		2,972			3,043			3,097			3,245			12,357			3,161			0		0		0		3,161
ESS		3,552			3,679			3,516			3,846			14,593			3,717			0		0		0		3,717
Software		183			180			190			221			774			200			0		0		0		200
Enterprise Systems Group		3,735			3,859			3,706			4,067			15,367			3,917			0		0		0		3,917
HP Financial Services		517			501			442			461			1,921			441			0		0		0		441
Corporate Investments		76			84			88			96			344			103			0		0		0		103
Total Segments		18,040			18,126			17,514			20,088			73,768			19,719			0		0		0		19,719
Eliminations/Other		(163	)		(143	)		(166	)		(235	)		(707	)		(205	)		0		0		0		(205	)
Total HP Consolidated		17,877			17,983			17,348			19,853			73,061			19,514			0		0		0		19,514

	Fiscal 2003															Fiscal 2004
	1Q			2Q			3Q			4Q			Year			1Q			2Q		3Q		4Q		Year
Earnings From Operations:
Imaging and Printing Group		911			925			745			1,015			3,596			968			0		0		0		968
Personal Systems Group		33			23			(56	)		22			22			62			0		0		0		62
HP Services		339			297			335			391			1,362			258			0		0		0		258
ESS		(27	)		58			(20	)		131			142			154			0		0		0		154
Software		(55	)		(63	)		(50	)		(22	)		(190	)		(46	)		0		0		0		(46	)
Enterprise Systems Group		(82	)		(5	)		(70	)		109			(48	)		108			0		0		0		108
HP Financial Services		14			21			19			26			79			29			0		0		0		29
Corporate Investments		(47	)		(44	)		(37	)		(33	)		(161	)		(35	)		0		0		0		(35	)
Total Segments		1,168			1,217			936			1,530			4,851			1,390			0		0		0		1,390
Eliminations/Other		(65	)		(73	)		(78	)		(95	)		(311	)		(34	)		0		0		0		(34	)
Restated Non-GAAP HP Consolidated		1,103			1,144			858			1,435			4,540			1,356			0		0		0		1,356

Inventory Write-down	0		0		0		0		0		0		0	0	0	0
G/W & Intangible Amortization	(138	)	(141	)	(141	)	(143	)	(563	)	(144	)	0	0	0	(144	)
Restructuring	0		(234	)	(376	)	(190	)	(800	)	(54	)	0	0	0	(54	)
Merger-related Items	(86	)	(126	)	(40	)	(28	)	(280	)	(15	)	0	0	0	(15	)
IPRD	0		0		0		(1	)	(1	)	0		0	0	0	0
Legal Settlement	0		0		0		0		0		0		0	0	0	0
Total Adjustments	(224	)	(501	)	(557	)	(362	)	(1,644	)	(213	)	0	0	0	(213	)
Restated GAAP HP Consolidated	879		643		301		1,073		2,896		1,143		0	0	0	1,143