Intel Capital, Intel's strategic investment program, focuses on making equity investments and acquisitions to grow the Internet economy in support of Intel's strategic interests. Intel Capital invests in hardware, software and services companies in market segments including computing, networking and wireless communications. As of the end of the second quarter, the Intel Capital strategic equity portfolio included over 475 companies worldwide.
Intel Capital Portfolio
 |
June 30, 2002 |
 |
Carrying Value (in millions) |
 |
Marketable equity securities |
 |
$ 283 |
 |
Other equity investments |
 |
$1,177 |
 |
Total portfolio |
 |
$1,460 |
Intel Capital portfolio holdings are classified as either trading assets or as marketable strategic equity securities and are carried at current market value in the balance sheet. Other equity investments include non-marketable securities carried at the lower of cost or market value, investments accounted for under the equity method, and equity derivatives carried at current market value. They are classified in the balance sheet as other assets, except for derivatives offsetting changes in values of other investments, which are classified as assets or liabilities as appropriate. Total portfolio value will vary based on a number of factors, including market fluctuations, investments, dispositions and changes in the marketable status of securities.
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