HispanicBusiness

GAAP Results for Fiscal Year 2013

•GAAP operating margin was 16.3 percent compared with 16.0 percent for fiscal year 2012. •GAAP net income for the fiscal year 2013 was $765 million compared with $1.172 billion for fiscal year 2012. •GAAP diluted earnings per share for the year were $1.08 compared with $1.57 for fiscal year 2012. •Cash flow from operating activities was $1.593 billion compared with $1.901 billion for fiscal year 2012. Capital expenditures totalled $336 million resulting in free cash flow of $1.26 billion for the fiscal year.

The year-over-year change in our GAAP results was as expected and was driven by the completion of the sale of the Huawei Joint Venture in fiscal year 2012.

Non-GAAP Results for the Fourth Quarter of Fiscal Year 2013

•Non-GAAP operating margin was 23.9 percent compared with 22.2 percent for the same quarter last year. •Non-GAAP net income was $314 million, compared to $283 million for the year-ago period, an increase of 11 percent year-over-year. •Non-GAAP diluted earnings per share were $0.44 compared with $0.38 for the year-ago quarter, an increase of 16 percent year-over-year.

Non-GAAP Results for the Fiscal Year 2013

•Non-GAAP operating margin was 25.7 percent, compared with 25.2 percent for fiscal year 2012. •Non-GAAP net income for the year was $1.258 billion, compared with $1.201 billion for fiscal year 2012, an increase of 5 percent. •Non-GAAP diluted earnings per share were $1.77, compared with $1.61 for the year-ago period, an increase of 10 percent.

Business Segment and Geographic Highlights for the Quarter

•The Consumer segment represented 30 percent of total revenue and increased 1 percent year-over-year (3 percent after adjusting for currency). •The Security and Compliance segment represented 30 percent of total revenue and increased 2 percent year-over-year (4 percent after adjusting for currency). •The Storage and Server Management segment represented 36 percent of total revenue and increased 7 percent year-over-year on an actual and currency-adjusted basis. •Services represented 4 percent of total revenue and increased 9 percent year-over-year (10 percent after adjusting for currency). •International revenue represented 51 percent of total revenue and increased 2 percent year-over-year (4 percent after adjusting for currency). •The Europe, Middle East and Africa region represented 28 percent of total revenue and increased 6 percent year-over-year (5 percent after adjusting for currency). •The Asia Pacific/Japan revenue represented 18 percent of total revenue and decreased 4 percent year-over-year (increased 1 percent after adjusting for currency). •The Americas, including the United States, Latin America and Canada, represented 54 percent of total revenue and increased 6 percent year-over-year on an actual and currency-adjusted basis.

Capital Allocation

Symantec ended the quarter and fiscal year with cash, cash equivalents and short-term investments of $4.75 billion (including $1 billion to be utilized to retire our outstanding convertible debt in June 2013) compared to $3.21 billion for fiscal year 2012, an increase of 48 percent. During the quarter, Symantec repurchased 7 million shares for $125 million at an average price of $20.61. During the fiscal year 2013, the Company repurchased 49 million shares at an average price of $16.98, equivalent to $826 million. At the end of the fourth quarter, Symantec had $1.2 billion remaining for future repurchases in the current board authorized stock repurchase plans.