10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
MICROSOFT CORP | |||
Ticker: MSFT Fiscal Year: 2014 | |||
INCOME STATEMENTS | |||
Period Ending June 30, 2014 10-K (Filed: July 31, 2014) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| June 30, 2014 | June 30, 2013 | June 30, 2012 | |
| Revenue | $ 86,833 [1] | 77,849 | 73,723 |
| Cost of revenue | 26,934 | 20,249 | 17,530 |
| Gross margin | 59,899 | 57,600 | 56,193 |
| Research and development | 11,381 | 10,411 | 9,811 |
| Sales and marketing | 15,811 | 15,276 | 13,857 |
| General and administrative | 4,821 | 5,149 | 4,569 |
| Goodwill impairment | 0 | 0 | 6,193 |
| Integration and restructuring | 127 | 0 | 0 |
| Operating income | 27,759 | 26,764 | 21,763 |
| Other income, net | 61 | 288 | 504 |
| Income before income taxes | 27,820 | 27,052 | 22,267 |
| Provision for income taxes | 5,746 | 5,189 | 5,289 |
| Net income | 22,074 [2] | 21,863 [3] | 16,978 |
| Earnings per share: | |||
| Basic | 2.66 | 2.61 | 2.02 |
| Diluted | 2.63 | 2.58 | 2.00 |
| Weighted average shares outstanding: | |||
| Basic | 8,299 | 8,375 | 8,396 |
| Diluted | 8,399 | 8,470 | 8,506 |
| Cash dividends declared per common share | 1.12 | 0.92 | 0.80 |
| [1] NDS has been included in our consolidated results of operations starting on April 25, 2014, the date of acquisition. | |||
| [2] Includes a tax provision adjustment recorded in the fourth quarter of fiscal year 2014 related to adjustments to prior years' liabilities for intercompany transfer pricing which decreased net income by $458 million and diluted earnings per share by $0.05. | |||
| [3] Includes a charge related to a fine imposed by the European Commission in March 2013 which decreased net income by $733 million (561 million) and diluted earnings per share by $0.09. Also includes a charge for Surface RT inventory adjustments recorded in the fourth quarter of fiscal year 2013, which decreased net income by $596 million and diluted earnings per share by $0.07. | |||
| External Links | |
| MICROSOFT CORP (MSFT) 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 |