10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
ACCENTURE PLC | |||
Ticker: ACN Fiscal Year: 2014 | |||
CONSOLIDATED INCOME STATEMENTS | |||
Period Ending Aug 31, 2014 10-K (Filed: Oct 24, 2014) | |||
| (In Thousands, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Aug 31, 2014 | Aug 31, 2013 | Aug 31, 2012 | |
| REVENUES: | |||
| Revenues before reimbursements (Net revenues) | $ 30,002,394 | 28,562,810 | 27,862,330 |
| Reimbursements | 1,872,284 | 1,831,475 | 1,915,655 |
| Revenues | 31,874,678 | 30,394,285 | 29,777,985 |
| OPERATING EXPENSES: | |||
| Cost of services: | |||
| Cost of services before reimbursable expenses | 20,317,928 | 19,178,635 | 18,874,629 |
| Reimbursable expenses | 1,872,284 | 1,831,475 | 1,915,655 |
| Cost of services | 22,190,212 | 21,010,110 | 20,790,284 |
| Sales and marketing | 3,582,833 | 3,481,891 | 3,303,478 |
| General and administrative costs | 1,819,136 | 1,835,646 | 1,810,984 |
| Reorganization (benefits) costs, net | (18,015) | (272,042) | 1,691 |
| Total operating expenses | 27,574,166 | 26,055,605 | 25,906,437 |
| OPERATING INCOME | 4,300,512 | 4,338,680 | 3,871,548 |
| Interest income | 30,370 | 32,893 | 42,550 |
| Interest expense | (17,621) | (14,035) | (15,061) |
| Other (expense) income, net | (15,560) | (18,244) | 5,137 |
| INCOME BEFORE INCOME TAXES | 4,297,701 | 4,339,294 | 3,904,174 |
| Provision for income taxes | 1,121,743 | 784,775 | 1,079,241 |
| Net Income | 3,175,958 | 3,554,519 | 2,824,933 |
| Net income attributable to noncontrolling interests in Accenture SCA and Accenture Canada Holdings Inc. | (187,107) | (234,398) | (237,520) [1] |
| Net income attributable to noncontrolling interests other | (47,353) | (38,243) | (33,903) |
| NET INCOME ATTRIBUTABLE TO ACCENTURE PLC | 2,941,498 | 3,281,878 | 2,553,510 |
| Weighted average Class A ordinary shares: | |||
| Basic (in shares) | 634,216,250 | 645,536,995 | 643,132,601 |
| Diluted (in shares) | 692,389,966 | 713,340,470 [2] | 727,386,654 |
| Earnings per Class A ordinary share: | |||
| Basic (in dollars per share) | 4.64 | 5.08 | 3.97 |
| Diluted (in dollars per share) | 4.52 | 4.93 | 3.84 |
| Cash dividends per share (in dollars per share) | 1.86 | 1.62 | 1.35 |
| [1] Diluted earnings per share assumes the redemption of all Accenture SCA Class I common shares owned by holders of noncontrolling interests and the exchange of all Accenture Canada Holdings Inc. exchangeable shares for Accenture plc Class A ordinary shares, on a one-for-one basis. The income effect does not take into account Net income attributable to noncontrolling interestsother, since those shares are not redeemable or exchangeable for Accenture plc Class A ordinary shares. | |||
| [2] Fiscal 2013 diluted weighted average Accenture plc Class A ordinary shares have been restated to reflect the impact of the issuance of additional restricted share units to holders of restricted share units in connection with the fiscal 2014 payment of cash dividends. This did not result in a change to previously reported Diluted earnings per share. | Fiscal 2013 and 2012 diluted weighted average Accenture plc Class A ordinary shares have been restated to reflect the impact of the issuance of additional rest | |||
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
ACCENTURE PLC | |||
Ticker: ACN Fiscal Year: 2014 | |||
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME | |||
Period Ending Aug 31, 2014 10-K (Filed: Oct 24, 2014) | |||
| (In Thousands, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Aug 31, 2014 | Aug 31, 2013 | Aug 31, 2012 | |
| Net Income | $ 3,175,958 | 3,554,519 | 2,824,933 |
| OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX: | |||
| Foreign currency translation | 89,805 | (258,391) | (303,780) |
| Defined benefit plans | (105,739) | 77,338 | (189,222) |
| Cash flow hedges | 196,732 | (193,539) | (51,756) |
| Marketable securities | 0 | (6) | 990 |
| OTHER COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO ACCENTURE PLC | 180,798 | (374,598) | (543,768) |
| Other comprehensive income (loss) attributable to noncontrolling interests | 9,183 | (24,762) | (48,603) |
| COMPREHENSIVE INCOME | 3,365,939 | 3,155,159 | 2,232,562 |
| COMPREHENSIVE INCOME ATTRIBUTABLE TO ACCENTURE PLC | 3,122,296 | 2,907,280 | 2,009,742 |
| Comprehensive income attributable to noncontrolling interests | 243,643 | 247,879 | 222,820 |
| COMPREHENSIVE INCOME | 3,365,939 | 3,155,159 | 2,232,562 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
ACCENTURE PLC | |||
Ticker: ACN Fiscal Year: 2014 | |||
CONSOLIDATED CASH FLOWS STATEMENTS | |||
Period Ending Aug 31, 2014 10-K (Filed: Oct 24, 2014) | |||
| (In Thousands, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Aug 31, 2014 | Aug 31, 2013 | Aug 31, 2012 | |
| CASH FLOWS FROM OPERATING ACTIVITIES: | |||
| Net Income | $ 3,175,958 | 3,554,519 | 2,824,933 |
| Adjustments to reconcile Net income to Net cash provided by operating activities | |||
| Depreciation, amortization and asset impairments | 620,743 | 593,028 | 593,545 |
| Reorganization (benefits) costs, net | (18,015) | (272,042) | 1,691 |
| Share-based compensation expense | 671,301 | 615,878 | 538,086 |
| Deferred income taxes, net | (74,092) | (209,674) | 56,981 |
| Other, net | 104,950 | (90,043) | (94,332) |
| Change in assets and liabilities, net of acquisitions | |||
| Receivables from clients, net | (464,639) | (213,634) | 15,822 |
| Unbilled services, current and non-current, net | (239,893) | (96,060) | (144,281) |
| Other current and non-current assets | (343,392) | (21,152) | (355,472) |
| Accounts payable | 72,526 | (5,073) | (68,082) |
| Deferred revenues, current and non-current | 93,927 | (81,878) | 229,724 |
| Accrued payroll and related benefits | (138,618) | 88,202 | 420,049 |
| Income taxes payable, current and non-current | 108,860 | (260,902) | 69,146 |
| Other current and non-current liabilities | (83,531) | (298,041) | 169,042 |
| Net cash provided by operating activities | 3,486,085 | 3,303,128 | 4,256,852 |
| CASH FLOWS FROM INVESTING ACTIVITIES: | |||
| Proceeds from maturities and sales of available-for-sale investments | 0 | 0 | 12,549 |
| Purchases of available-for-sale investments | 0 | 0 | (7,554) |
| Proceeds from sales of property and equipment | 5,526 | 17,366 | 5,977 |
| Purchases of property and equipment | (321,870) | (369,593) | (371,974) |
| Purchases of businesses and investments, net of cash acquired | (740,067) | (803,988) | (174,383) |
| Net cash used in investing activities | (1,056,411) | (1,156,215) | (535,385) |
| CASH FLOWS FROM FINANCING ACTIVITIES: | |||
| Proceeds from issuance of ordinary shares | 558,497 | 515,812 | 454,387 |
| Purchases of shares | (2,559,434) | (2,544,352) | (2,098,841) |
| Proceeds from (repayments of) long-term debt, net | 543 | (34) | (6,399) |
| Proceeds from short-term borrowings, net | 0 | 88 | 131 |
| Cash dividends paid | (1,254,916) | (1,121,738) | (950,857) |
| Excess tax benefits from share-based payment arrangements | 114,293 | 114,073 | 78,357 |
| Other, net | (24,399) | (29,478) | (35,633) |
| Net cash used in financing activities | (3,165,416) | (3,065,629) | (2,558,855) |
| Effect of exchange rate changes on cash and cash equivalents | 25,162 | (89,925) | (223,164) |
| NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS | (710,580) | (1,008,641) | 939,448 |
| CASH AND CASH EQUIVALENTS, beginning of period | 5,631,885 | 6,640,526 | |
| CASH AND CASH EQUIVALENTS, end of period | 4,921,305 | 5,631,885 | 6,640,526 |
| SUPPLEMENTAL CASH FLOW INFORMATION | |||
| Interest paid | 17,595 | 13,984 | 15,133 |
| Income taxes paid | 962,976 | 963,039 | 1,033,704 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
ACCENTURE PLC | ||
Ticker: ACN Fiscal Year: 2014 | ||
CONSOLIDATED BALANCE SHEETS | ||
Period Ending Aug 31, 2014 10-K (Filed: Oct 24, 2014) | ||
| (In Thousands, except shares in actual) | ||
| As of | As of | |
| Aug 31, 2014 | Aug 31, 2013 | |
| ASSETS | ||
| CURRENT ASSETS: | ||
| Cash and cash equivalents | $ 4,921,305 | 5,631,885 |
| Short-term investments | 2,602 | 2,525 |
| Receivables from clients, net | 3,859,567 | 3,333,126 |
| Unbilled services, net | 1,803,767 | 1,513,448 |
| Deferred income taxes, net | 731,820 | 794,917 |
| Other current assets | 585,381 | 568,277 |
| Total current assets | 11,904,442 | 11,844,178 |
| NON-CURRENT ASSETS: | ||
| Unbilled services, net | 28,039 | 18,447 |
| Investments | 66,783 | 43,631 |
| Property and equipment, net | 793,444 | 779,675 |
| Goodwill | 2,395,894 | 1,818,586 |
| Deferred contract costs | 629,905 | 554,747 |
| Deferred income taxes, net | 1,152,105 | 1,018,567 |
| Other non-current assets | 959,840 | 789,218 |
| Total non-current assets | 6,026,010 | 5,022,871 |
| TOTAL ASSETS | 17,930,452 | 16,867,049 |
| LIABILITIES AND SHAREHOLDERS EQUITY | ||
| CURRENT LIABILITIES: | ||
| Current portion of long-term debt and bank borrowings | 330 | 0 |
| Accounts payable | 1,064,228 | 961,851 |
| Deferred revenues | 2,348,034 | 2,230,615 |
| Accrued payroll and related benefits | 3,380,748 | 3,460,393 |
| Accrued consumption taxes | 360,430 | 308,655 |
| Income taxes payable | 355,274 | 266,593 |
| Deferred income taxes, net | 23,937 | 24,031 |
| Other accrued liabilities | 625,098 | 908,852 |
| Total current liabilities | 8,158,079 | 8,160,990 |
| NON-CURRENT LIABILITIES: | ||
| Long-term debt | 26,403 | 25,600 |
| Deferred revenues relating to contract costs | 544,831 | 517,397 |
| Retirement obligation | 1,107,931 | 872,761 |
| Deferred income taxes, net | 198,734 | 174,818 |
| Income taxes payable | 1,303,367 | 1,224,251 |
| Other non-current liabilities | 305,770 | 463,403 |
| Total non-current liabilities | 3,487,036 | 3,278,230 |
| COMMITMENTS AND CONTINGENCIES | ||
| SHAREHOLDERS EQUITY: | ||
| Restricted share units | 921,586 | 875,156 |
| Additional paid-in capital | 3,347,392 | 2,393,936 |
| Treasury shares, at cost: Ordinary, 40,000 shares as of August 31, 2013 and August 31, 2012; Class A ordinary, 135,258,733 and 112,370,409 shares as of August 31, 2013 and August 31, 2012, respectively | (9,423,202) | (7,326,079) |
| Retained earnings | 11,758,131 | 10,069,844 |
| Accumulated other comprehensive loss | (871,948) | (1,052,746) |
| Total Accenture plc shareholders equity | 5,732,035 | 4,960,186 |
| Noncontrolling interests | 553,302 | 467,643 |
| Total shareholders equity | 6,285,337 | 5,427,829 |
| TOTAL LIABILITIES AND SHAREHOLDERS EQUITY | 17,930,452 | 16,867,049 |
| Class of Stock | ||
| Ordinary Shares | ||
| Ordinary shares, value | 57 | 57 |
| Class A Ordinary Shares | ||
| Ordinary shares, value | 18 | 17 |
| Class X Ordinary Shares | ||
| Ordinary shares, value | 1 | 1 |
| External Links | |
| ACCENTURE PLC (ACN) Fiscal Year 2014 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |