subsidiariesasofOctober31,2014and2013,andtherelatedconsolidatedstatementsofearnings, endedOctober31,2014.Thesefinancialstatementsaretheresponsibilityofthe’sWeconductedourauditsinaccordancewiththestandardsofthePublicAccountingOversightBoard(UnitedStates).Thosestandardsrequirethatwe reasonableassuranceaboutwhetherthefinancialstatementsare ofmaterialmisstatement.Anauditlude amining,onatestbasis,evidencesupportingtheamountsanddisclosuresinthebelievethatourauditsprovideareasonablebasisforouropinion.yearsintheperiodendedOctober31,2014,onformitywithU.S.generallyacceptedaccountingpriples.Wealsohaveaudited,inaccordancewiththestandardsofthePublicAccountingreportdatedDecember17,2014expressedanunqualifiedopinionthereon./s/ERNST&YOUNGWehaveauditedHewlett-Packard’sinternalcontroloverfinancialreportingasoftheCommitteeofSponsoringOrganizationsoftheTreadwayCommission(1992framework)(theoverfinancialreportingludedintheac FinancialReporting.Ourresponsibilityistoexpressanopiniononthe financialreportingbasedonouraudit.WeconductedourauditinaccordancewiththestandardsofthePublicAccounting proceduresasweconsiderednecessaryinthecircumstances.Webelievethatourauditprovidesareasonablebasisforouropinion. ’sinternalcontroloverfinancialreporting ludesthosepoliciesandproceduresthat(1)pertaintothedispositionsoftheassetsofthe ;(2)providereasonableassurancethattransactionsareacceptedaccountingpriples,andthatreceiptsandexpendituresofthe inaccordancewithauthorizationsofmanagementanddirectorsofthe ;and(3)providedispositionofthe ’sassetsthatcouldhaveamaterialeffectonthefinancialstatements.ofcompliancewiththepoliciesorproceduresmaydeteriorate.controloverfinancialreportingasofOctober31,2014,basedontheCOSOcriteria.Wealsohaveaudited,inaccordancewiththestandardsofthePublicAccountingOversightBoard(UnitedStates),theac ingconsolidatedbalancesheetsofHewlett-PackardperiodendedOctober31,2014andourreportdatedDecember17,2014expressedanunqualifiedopinionthereon./s/ERNST&YOUNGfinancialreportingforHP.HP’sinternalcontroloverfinancialreportingisaprocessdesignedto(i)pertaintothemaintenanceofrecordsthat,inreasonabledetail,accura yandfairlyreflecttheacceptedaccountingpr iples,andthatreceiptsandexpendituresofHParebeingmadeonlyinaccordancewithauthorizationsofmanagementanddirectorsofHP;and(iii)providereasonableHP’sassetsthatcouldhaveamaterialeffectonthefinancialstatements.ofcompliancewiththepoliciesorproceduresmaydeteriorate.publicaccountingfirm,asstatedintheirreportwhichappearsonpage82ofthisAnnualReportonForm10-K./s/MARGARETC. /s/CATHERINEA. andChiefExecutive Executive andChiefFinancial Products..........................................$$$Services........................................... ome.................................... revenue..................................CostsandCostofproducts....................................Costofservices.....................................Financinginterest...................................Researchanddevelopment.............................Selling,generalandadministrative.......................Amortizationofintangibleassets........................Impairmentofgoodwillandintangibleassets................——Restructuringcharges.................................Acquisition-relatedcharges.............................Totaloperatingexpenses.............................Earnings(loss)fromoperations...........................Interestand ..................................Earnings(loss)beforetaxes..............................Provisionfortaxes.....................................earnings(loss)....................................$$earnings(loss)perBasic............................................. Diluted........................................... Basic.............................................Diluted...........................................The ingnotesareanintegralpartoftheseConsolidatedFinancialConsolidatedStatementsof ForthefiscalyearsendedOctober31earnings(loss).......................................$Othercomprehensive(loss)omebeforeChangeinunrealizedgainsonavailable-for-saleUnrealizedgainsarisingduringtheperiod.................7Gainsreclassifiedintoearnings.........................—63Changeinunrealizedgains(losses)oncashflowUnrealizedgains(losses)arisingduringtheperiod...........Losses(gains)reclassifiedintoearnings...................Changeinunrealizedcomponentsofdefined (Losses)gainsarisingduringtheperiod...................Amortizationofactuariallossandpriorservicebenefit........Curtailments,settlementsandother...................... umulativetranslationadjustment.................Othercomprehensive omebeforetaxes................(Provision)benefitfortaxes...............................Othercomprehensive oftaxes.................. ome(loss)................................$The ingnotesareanintegralpartoftheseConsolidatedFinancial

AsofOctober31 parvalueCurrentCashandcashequivalents......................................$$Accountsreceivable..........................................Financingreceivables.........................................Inventory..................................................Othercurrentassets..........................................Totalcurrentassets......................................... ntandequipment....................................Long-termfinancingreceivablesandotherassetsGoodwill....................................................Intangibleassets..............................................Totalassets..................................................LIABILITIESANDSTOCKHOLDERS’CurrentNotespayableandshort-termborrowings.....................$$Accountspayable............................................Employeecompensationandbenefits.............................Taxesonearnings............................................Deferredrevenue............................................Accruedrestructuring.........................................Otheraccruedliabilities.......................................Totalcurrentliabilities.......................................Long-termdebt...............................................Otherliabilities...............................................Commitmentsand——respectively)..............................................Additional apital......................................Retainedearnings............................................Accumulatedothercomprehensiveloss............................TotalHPstockholders’equity.................................Non-controllinginterests........................................Totalstockholders’equity........................................Totalliabilitiesandstockholders’equityConsolidatedStatementsofCashForthefiscalyearsendedOctober31 Cashflowsfromoperatingearnings(loss).......................................$$Adjustmentsto earnings(loss) cashprovidedbyDepreciationandamortization............................Impairmentofgoodwillandintangibleassets...................——Stock-basedcompensationexpense.........................Provisionfordoubtfulaccounts............................Provisionforinventory.................................Restructuringcharges..................................Deferredtaxesonearnings..............................Excesstaxbenefitfromstock-basedcompensation............... .........................................Changesinoperatingassetsand ofCashflowsfrominvestingAccountsreceivable...............................Accountsreceivable..................................Financingreceivables.................................Inventory........................................Accountspayable...................................Taxesonearnings...................................Restructuring......................................Otherassetsandliabilities.............................cashprovidedbyoperatingactivities..................Proceedsfromsaleof ntandequipment................Purchasesofavailable-for-salesecuritiesandotherinvestments..........Maturitiesandsalesofavailable-for-salesecuritiesandotherinvestments...Payments onnectionwithbusiness ofcashacquiredProceedsfrombusiness ..........................6—cashusedininvestingactivities......................CashflowsfromfinancingShort-termborrowingswithoriginalmaturitieslessthan90 ......Issuanceofdebt........................................Paymentofdebt........................................Issuanceofcommonstockunderemployee ns...............Repurchaseofcommonstock................................Excesstaxbenefitfromstock-basedcompensation..................2Cashdividendspaid......................................cashusedinfinancingactivities...................... ashandcashequivalents............................Cashandcashequivalentsatbeginningofperiod....................Cashandcashequivalentsatendofperiod........................$Supplementalcashflowometaxespaidofrefunds)...........................$$$Interestexpensepaid....................................Supplementalscheduleofnon-cashinvestingandfinancingPurchaseofassetsundercapitalleases........................ $3$The ingnotesareanintegralpartoftheseConsolidatedFinancial 截至2014年和2013年10月31日止的合并資負債表，以及截至2014年10月31日止期間三年內各年度的相關合并損益表、合并綜合收益 的審計依照上市公司會計監察(PublicAccountinersightBoard)的準則開展。這些準則要求 截至2014年和013103120141031(CommitteeofSponsoringOrganizationsoftheTreadwayCommission)發布的《控制(InternalControl—IntegratedFramework，1992審計了截至20141031日止惠普公司財務報告的控制，并在20141217日/s/會計以全美反舞弊性財務報告