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In the eBay's 10-K filing to the SEC in 2014, they said that their revenue in 2012 was $14,072m. But in their 2015 statement, it shows as $7,371m.

Why is there a discrepancy in these two filings? Why weren't any amendments filed?

2015 Form: https://www.sec.gov/Archives/edgar/data/1065088/000106508816000265/ebay201510-k.htm

2014 Form: https://www.sec.gov/Archives/edgar/data/1065088/000106508815000054/ebay201410-k.htm

Flux
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David
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1 Answers1

4

See the footnotes. They sold PayPal. They removed the sales and expenses related to PayPal from their consolidated statements. Otherwise it would look like sales dropped from year x to year y.

Flux
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mhoran_psprep
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