Wal Mart Annual Report Analysis Essay

31781 Words Apr 6th, 2013 128 Pages
EXECUTIVE OFFICERS
Eduardo Castro-Wright
Vice Chairman, Wal-Mart Stores, Inc.
M. Susan Chambers
Executive Vice President, Global People
Brian C. Cornell
Executive Vice President, President and
Chief Executive Officer, Sam’s Club

2 010
Financial Report
15

Five-Year Financial Summary

16

Management’s Discussion and Analysis of
Financial Condition and Results of Operations

30

Consolidated Statements of Income

31

Consolidated Balance Sheets

32

Consolidated Statements of Shareholders’ Equity

33

Consolidated Statements of Cash Flows

34

Notes to Consolidated Financial Statements

52

Report of Independent Registered Public Accounting Firm

53

Report of Independent Registered Public
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Internationally, we operate with similar philosophies. Our fiscal year ends on January 31 for our U.S., Canada and Puerto Rico operations. Our fi scal year ends on December 31 for all other operations.
We intend for this discussion to provide the reader with information that will assist in understanding our fi nancial statements, the changes in certain key items in those fi nancial statements from year to year, and the primary factors that accounted for those changes, as well as how certain accounting principles affect our fi nancial statements. We also discuss certain performance metrics that management uses to assess our performance. The discussion also provides information about the fi nancial results of the various segments of our business to provide a better understanding of how those segments and their results affect the fi nancial condition and results of operations of the company as a whole.
This discussion should be read in conjunction with our Consolidated
Financial Statements as of January 31, 2010, and the year then ended, and accompanying notes.
Our operations comprise three business segments: Walmart U.S.,
International and Sam’s Club. The Walmart U.S. segment includes the company’s mass merchant concept in the United States, operating under the “Walmart” or “Wal-Mart” brand, as well as walmart.com. The
International

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